Re:Mt. Gox CEO Karpeles says Bitcoin exchange is at "turning...
by shiftpgdn on Tuesday February 25, 2014 @02:00PM
(#7299641)
I sold 2BTC on coinbase (a YC comapny) recently. So no the price is not a sham.
Re:Mt. Gox CEO Karpeles says Bitcoin exchange is at "turning...
by jodrellblank on Tuesday February 25, 2014 @08:55PM
(#7302248)
That's not enough evidence to support that claim.
When anyone can sell any amount of bitcoins they like so the price could adjust freely, then the price would not be a scam.
Do any of these "legitimate" trading houses let you sell Bitcoins and then /take out the money/, yet?
Until that's actually possible, for decent amounts, as a regular thing, Bitcoin's price is a sham of artificially trapping and holding people's money.