On Tue, Jan 13, 2015 at 3:01 PM, Troy Benjegerdes <hozer@hozed.org> wrote:
Theory of the day:
1) Naked short bitcoin (not sure how, but I'm sure some bankster did) 3) use profits from shorting to hire cex.io 'idled' capacity 4) double-spend on competing exchanges (or against competing investors funds) 5) buy an island or three, or a politician or 5
Plausibility on a scale of 1-5 .. I say 4, what say you all?
There are certainly some people with a plan... make money on both the up and down. Mining is experiencing a hiccup but not affecting tx flow or fees yet. What will the next Bitcoin peak and return look like? The path new currencies and economic models take to stady state is interesting. It's good to have them appear once in a while. If you're buying politicians from your Bitcoin plays, both of you probably need Bitcoin to continue to exist. Longer existance results in better legitimacy, stability, and more participants in the average... making some games a bit harder to play.