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Old 11-23-2013, 11:06 PM  
adendreams
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Join Date: Jul 2009
Location: LA and Florida
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Quote:
Originally Posted by Coup View Post
Like what? What did he lie about?
He's talking to novices and hoping they don't know shit - it's pure smear and scare tactics..which is hilarious to think that those in his industry must actually be shaking in their shoes.

If you know much about commodities and also Bitcoin (I used to be a stockbroker 25 years ago) you can hear that his talk is riddled with BS - the most obvious lie was about the need for gold to be transferred (actual gold is rarely transferred when you buy "gold") - what about gold futures and all the other Financial Products based on the speculation of the performance of gold. His company no doubt trades in these products and the prices of them rise and fall, and you trade them like you can trade Bitcoin - the idea that "Intrinsic Value" matters is a joke. He starts by explaining why Bitcoin should actually have intrinsic value - then doesn't say anything that actually debunks it.

Clown.

Dinosaur.

Fail.
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