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Actually, I agree with him, but it's funny how these articles always pile on when the price is crashing.

NotOscarWilde 13y ago
By funny, you mean intentional, right? I am fairly sure there are parties trying to upvote and/or post these articles to get BTC price up or down, whatever their need is. Currently, it's clearly "down" so they can buy again.
- thinkcomp 13y ago
  I actually had no idea that the price was crashing until after I posted it. I've been writing it for a few days. And I have no stake one way or the other.
fat0wl 13y ago
man it's because when the price is not crashing its all brainwashy hype. For the record, i talk crap about Bitcoin even when it's on the upswing but you just get downvoted a ton by people who are all siked on investing. btw, did anybody else get really disappointed after clicking the link and realizing it was Aaron Greenspan not Alan? I would love for legit economic analysts to take a crack at Bitcoin but so far most have dismissed it (I saw some figure like 87% and no I am not going to bother backtracking to find my source sorry). I wish somebody with some real knowledge of world economies/currencies would drop some knowledge but they seem to either A) Not care (I suspect because even tho BTC is at the forefront of the tech world, it is a trinket to the aged eyes of those who have spent their lives watching the fluctuations of the world economy) B) Not wish to comment because it's a fun experiment to watch so why ruin your rep by seeming like an old fuddy-duddy when you could just enjoy the view When I told my father (very successful attorney guy) about the Senate hearing he was like "Of course they're interested in it. If the tech works, why wouldn't they want to use it? But yeah they probably will want to strip it and start over without the dispersements the founders put in". Seems like about the most reasonable off-hand assessment I've heard from a non-techie business type. The gov has no interest in protecting black market holdings and redistributed wealth pulled out of thin air back to your original point -- yea i think it's tough for negative press to get anyone's attention in the midst of the $$ signs soaring. It's like a NYE celebration for the speculators. it's why I believe that Bitcoin "news" isn't really "news" -- it's just some articles characterizing the current hype with a bit of random theory thrown in. But I think as Mr. Aaron Greenspan aptly points out, a sound offline (not looking at the $$ signs) theoretical analysis should prove that it's not something worth the interest regardless of how far the price climbs

By funny, you mean intentional, right? I am fairly sure there are parties trying to upvote and/or post these articles to get BTC price up or down, whatever their need is. Currently, it's clearly "down" so they can buy again.

thinkcomp 13y ago
I actually had no idea that the price was crashing until after I posted it. I've been writing it for a few days. And I have no stake one way or the other.

fat0wl 13y ago

man it's because when the price is not crashing its all brainwashy hype. For the record, i talk crap about Bitcoin even when it's on the upswing but you just get downvoted a ton by people who are all siked on investing. btw, did anybody else get really disappointed after clicking the link and realizing it was Aaron Greenspan not Alan? I would love for legit economic analysts to take a crack at Bitcoin but so far most have dismissed it (I saw some figure like 87% and no I am not going to bother backtracking to find my source sorry). I wish somebody with some real knowledge of world economies/currencies would drop some knowledge but they seem to either A) Not care (I suspect because even tho BTC is at the forefront of the tech world, it is a trinket to the aged eyes of those who have spent their lives watching the fluctuations of the world economy) B) Not wish to comment because it's a fun experiment to watch so why ruin your rep by seeming like an old fuddy-duddy when you could just enjoy the view When I told my father (very successful attorney guy) about the Senate hearing he was like "Of course they're interested in it. If the tech works, why wouldn't they want to use it? But yeah they probably will want to strip it and start over without the dispersements the founders put in". Seems like about the most reasonable off-hand assessment I've heard from a non-techie business type. The gov has no interest in protecting black market holdings and redistributed wealth pulled out of thin air back to your original point -- yea i think it's tough for negative press to get anyone's attention in the midst of the $$ signs soaring. It's like a NYE celebration for the speculators. it's why I believe that Bitcoin "news" isn't really "news" -- it's just some articles characterizing the current hype with a bit of random theory thrown in. But I think as Mr. Aaron Greenspan aptly points out, a sound offline (not looking at the $$ signs) theoretical analysis should prove that it's not something worth the interest regardless of how far the price climbs