CryptStorm
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November 19, 2013, 07:37:19 PM

There's a part of me thinking that, at least in the eyes of the non devotee, Bitcoin has just embarrassed itself. Pissed it's pants in the playground of public opinion out of over excitement. The day after just about the best PR anyone could have ever expected we've proved conclusively how fucked our infrastructure is - how manipulated our markets are - how sentimental the idea of a crypto currency as the guarantee of any stable value is. Not only are the markets rigged, effectively run by an unholy cartel of early adopters, Miners Guilds and ASIC manufacturers: but the three biggest Exchanges in the world consist of a perpetual motion machine running on thin air, a market who's operation is so opaque that not even the most heroic of commentators appear to have one_fucking_clue of what is going on with it and a clunky start-up in a country with a banking system on the brink of bankruptcy.

Way to go BTC - mass adoption here we come. Not.

ps.  Still on the train - just pissing in the boiler so to speak.

life is too short to be pissed by conspiracy theory, sell all your coins and get off .... you will be happier


I never intuitively understand the market's reason for selling the news, but, it's what it does, and, it's a very good sign of legitimacy IMO and more good things to come. Think of it as a haircut, if that helps. But, yes, we all need to get back to work building out the infrastructure for the financial model that is beating the shit out of fiat.