Poll
Question: Closing BTC Price June 28:
$0 - 5 (2.6%)
<$7,000 - 4 (2.1%)
$7,000-$7,499 - 0 (0%)
$7,500-$7,999 - 0 (0%)
$8,000-$8,499 - 1 (0.5%)
$8,500-$8,999 - 3 (1.6%)
$9,000-$9,499 - 4 (2.1%)
$9,500-$9,999 - 27 (14.2%)
$10,000-$10,499 - 26 (13.7%)
$10,500-10,999 - 15 (7.9%)
$11,000-$11,499 - 14 (7.4%)
$11,500-$12,000 - 17 (8.9%)
>$12,000 - 59 (31.1%)
>$20,000 - 15 (7.9%)
Total Voters: 190

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21253956 times)
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Mervyn_Pumpkinhead
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August 05, 2014, 07:52:54 PM

Of course it's not.

It's just that the current system full of bailouts and behind the scenes manipulation doesn't have much to do with "survival of the fittest". Or which traits are we trying to reward here?

Let's forget that at first the subject was about inflation and then education. Let's pretend that the subject was about the policy of central banks. Let's pretend that this isn't a religious forum full of mindless demagogy and attempts to make black and white seem the same.
Now.. I agree that the policy of central banks is far from perfect. Their major fault has been to give the private sector too much freedom, without any need to be responsible for their actions. It's always funny to see bitcoin zealots swear at the ultra-liberal policies of central banks, while they are trying to market bitcoin as an ultra-liberal tool. That is the reason why I despise the majority of bitcoin fanatics, because they are mostly hypocrites whose only connection with economics has been through youtube videos. Too me, bitcoin fanatics are the same as Bolsheviks. Lot's of empty words about freedom and equality, but mostly they are just about gaining wealth and power by contributing as little as possible to the society themselves.