Why is Bitcoin "digital gold" crashing right now?

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WolfeTone said:
Criminal under whose law?
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Ah Wolfie, so predictable. I wasn't calling Iran criminal though personally I believe they are but let's agree to differ on that. It is an extension of criminal use in that it is attempting to get around US law, down't matter that you have no respect for US law.
 

That BOHA that you are so familiar with, do you inhale from it?
 
I'm getting great fun guessing which of the quadumvirate (@tecate , @Gus1970 ,@MaxGordon ,@WolfeTone ) is chosen to echo the "likes" to attacks on me. I would be flattered except, alas, I don't have much respect for said quadumvirate. Still waiting for Max's list of questions which he says I don't answer. Carefully avoiding rabbit holes dug by Wolfie like "US bad, Iran good".
 
tecate said:
As regards holding reserves, think a little about what you're saying in relation to what Iran and its central bank are doing. That would be my recommendation.
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I couldn't be bothered diving into the thinking of the mad mullahs, but I would bet my bottom Ripple that if they could safely trade in US$ and hold US$ without fear of freeze they would dump bitcoin as quick as they would remove Israel from the map.
 
Duke of Marmalade said:
I'm getting great fun guessing which of the quadumvirate (@tecate , @Gus1970 ,@MaxGordon ,@WolfeTone ) is chosen to echo the "likes" to attacks on me.
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Ah, jeez Duke don't take it personally. Your latest "bitcoin is for the criminals" post is for the tabloid fillers. I thought it beneath you somewhat, not your usual standard.

Duke of Marmalade said:
Carefully avoiding rabbit holes dug by Wolfie like "US bad, Iran good".
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On second thoughts...having not even mentioned the US or Iran, I'm apparently digging this rabbit hole
 
Folks

This has descended into farce and personal abuse which has been deleted.

I want to promote the discussion and analysis of Bitcoin but not this sort of stuff.

If any of you would like to write a systemic piece along the lines of "The case for Bitcoin" let me know.
I want a piece which a newcomer could read and understand the main arguments.
But not a jokey piece.

The plan would be to have a new thread where both sides would have their say in the first few posts. I am sure it would deteriorate after that. But if we could get a few good posts on the first page, people would not need to go any further.

Brendan
 
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