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BIT COIN is GETTING KILLED !!!!!!!!!!!!!!!

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  • BIT COIN is GETTING KILLED !!!!!!!!!!!!!!!

    "They" where NEVER going to allow this baby to live!
    Just heard on Jim Rickards site "They" are moving in on it...........
    Mike

  • #2
    Re: BIT COIN is GETTING KILLED !!!!!!!!!!!!!!!

    Originally posted by Mega View Post
    "They" where NEVER going to allow this baby to live!
    Just heard on Jim Rickards site "They" are moving in on it...........
    Mike
    In one of the other Bitcoin threads, I posited that Bitcoin would be brought down if it became too widely-used as it would infringe on the central banks' monopoly of money. Here's an Ars Technica article from three days ago about more troubles in the Bitcoin ecosystem:

    http://arstechnica.com/business/2013/06/mt-gox-suspends-us-dollar-withdrawls-for-the-next-two-weeks/

    Mt. Gox suspends US dollar withdrawls “for the next two weeks”
    World's largest bitcoin exchange is under investigation by US authorities.


    Suspending withdrawals for two weeks.... I guess this is the Bitcoin version of a bank holiday.
    Last edited by Milton Kuo; June 23, 2013, 01:20 PM. Reason: Formatting of text

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    • #3
      Re: BIT COIN is GETTING KILLED !!!!!!!!!!!!!!!

      Mean while:-
      http://www.bbc.co.uk/news/business-23020718

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      • #4
        Re: BIT COIN is GETTING KILLED !!!!!!!!!!!!!!!

        You cannot kill an idea whose time has come.
        It's Economics vs Thermodynamics. Thermodynamics wins.

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