bitcoin
LUNA Cryptocurrency Taken To Zero
Submitted by bondibox on Sat, 05/14/2022 - 12:26amThe largest cryptocurrency failure ever happened this week as LUNA coin went from $86 to $0.00002 in what appears to be a deliberate attempt to tank its value and drag bitcoin down with it.
Mr. Universe's Revolutionary Roundup
Submitted by Cant Stop the M... on Tue, 06/15/2021 - 5:13am
Mr. Universe is a character from the science fiction movie Serenity. It's from him that I get my name "Can't Stop the [Macedonian] Signal:"
Money for sale
Submitted by gjohnsit on Fri, 03/26/2021 - 5:19pmBitcoin is north of $50K today, which is extremely impressive considering it has no fundamental value in itself.
I never even imagined that it's price would go that high. Does that mean that I'm totally wrong about Bitcoin? No. It means I was totally wrong about the people who buy bitcoin.
There's Trouble on the Horizon
Submitted by bondibox on Sun, 10/06/2019 - 12:54pm"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered."
-Thomas Jefferson
In the defense of Bitcoin
Submitted by gjohnsit on Fri, 12/07/2018 - 12:28pmBitcoin and other cryptocurrencies are getting absolutely crushed today, and it doesn't appear that the selling will stop anytime soon.
The other side of the (bit) coin
Submitted by bondibox on Sun, 02/04/2018 - 12:17pmAs Lee Camp recently noted, there is now one word which can set a room on fire with instant arguments, boasting and weeping. That word is ‘bitcoin.’
Cryptocurrency bubble has burst
Submitted by gjohnsit on Thu, 02/01/2018 - 5:27pm
It was beyond easy to see this one coming.
It isn't over.
MMT and Debt Jubilees versus Bitcoins and the "Cashless Economy"
Submitted by arendt on Mon, 01/22/2018 - 10:31pmI just read two longish articles that everyone needs to add to their reference library: one by Michael Hudson that puts his Debt Jubilee work into today's context; and an amazing summary of how Modern Monetary Theory (MMT) actually explains today's economy, while neoclassical economics is utter bullshit that keeps the parasitic financial capitalists in charge.
Bitcoin's late-stage bubble
Submitted by gjohnsit on Mon, 01/15/2018 - 8:20pmBitcoin advocates like to think that cryptocurrencies will replace regular money. So you would think that they would be keen to show how useful it is at a bitcoin conference.
