Bitcoin’s Wild Ride Shows the Truth: It Is Probably Worth Zero

Re:Bitcoin’s Wild Ride Shows the Truth: It Is Probably Worth... by jamesmattis on Tuesday September 19, 2017 @06:09AM (#15283196)

Why there is so much negative PR going around about Bitcoin suddenly? I believe that people like Jamie Dimon trying to lower the price by creating these kind of stories to buy more.

Bitcoin will rise no matter what. Atleast for 5 more years.

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Re:Bitcoin’s Wild Ride Shows the Truth: It Is Probably Worth... by kstenerud on Tuesday September 19, 2017 @06:35AM (#15283308)

Because they've finally entered the mainstream. The normal press cycle follows a predictable pattern to keep people interested and reading:

1. New and interesting thing that the hardcore people use

2. Hopeful stories about the potential

3. Growing excitement as adoption reaches into "real" things

4. Doubt stories

5. Attack stories

6. Non-story

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Re:Bitcoin’s Wild Ride Shows the Truth: It Is Probably Worth... by toppy on Tuesday September 19, 2017 @07:05AM (#15283467)

First they ignore you, then they laugh at you, then they fight you, then you win

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Re:Bitcoin’s Wild Ride Shows the Truth: It Is Probably Worth... by krapp on Tuesday September 19, 2017 @07:09AM (#15283483)

    ... the fact that some geniuses were laughed at does 
    not imply that all who are laughed at are geniuses. 
    They laughed at Columbus, they laughed at Fulton, 
    they laughed at the Wright Brothers. But they also 
    laughed at Bozo the Clown.

    Carl Sagan

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Re:Bitcoin’s Wild Ride Shows the Truth: It Is Probably Worth... by anc84 on Tuesday September 19, 2017 @06:39AM (#15283328)

Because bullshit statements like "Bitcoin will rise no matter what. Atleast for 5 more years." are increasingly annoying.

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