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 21254252 times)
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Fatman3001
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May 06, 2015, 08:48:06 PM

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Whether it's Bitcoin or some other currency, there is always going to be people trying to take advantage of other people. As someone who ordered gear from both KnC and BFL, I can assure you there is a dark side to the "Bitcoin Community". But that been said, we're talking about digital money. So thinking of the entire Bitcoin ecosystem as a "Community" is a bit naive anyway.

The problem with BTC is it has no mechanisms in place to deal with bad actors. That's Y it fails - right on the conceptual level.
Real money has the might of the state to punish the con men, Bitcoin? Not so much.

Thus far, the only repercussions felt by thieves & conmen in Bitcoin Equestria came from the hand of the nanny-state Bitcoiners so love to whine about Undecided

The state has just as much power over bad actors who use bitcoin as they do over bad actors using cash.

Since when does money have to provide a method to deal with bad actors. That is not a function of money.

I think rmbku is lambie. But yeah, what Rolling said.