12 Apr '13, 2pm

First Bitcoin, Now Gold: All Alterantive Currencies Must Be Crushed

It must be costing the Fed et al an absolute fucking fortune hitting the pms almost every day like this. There's no way they can keep this up. They can do it for so long and then they have to let it blow just like they did from $680 all the way up to $1900. I remember the last time they beat it down to $700, repeatedly they went through every level of resistance all the way from $1000+ till everyone was concentrated at long term support at $716, everyone, and Merril's computer just like Goldmans' knew it. Then bugger me if it didn't pop down past $700 just long enough for Golman et al to clear out its muppet stock at support (which is very short term for a computer, like milliseconds) before bouncing back to $825 in a matter of seconds, literally about 60. That was the clearout hit that was and so is this. It's gonna bleed but the bounce will be huge if you can hang on to ...

Full article: http://www.zerohedge.com/news/2013-04-12/first-bitcoin-no...

Tweets

Now is the time to gamble on bitcoin

Now is the time to gamble on bitcoin

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bitcoin

bitcoin

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Bitcoin, the 'new gold' - but what on earth is it? via @Telegraph

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#bitcoin

#bitcoin

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