/biz/ - Business & Finance

>>555016
>Even the log chart is starting to look sad.
Do you need a new set of eyes?
Just because it's had a bad year to date doesn't mean long term trends still aren't holding.
We had a bear market that lasted over a year back in 2011 where we didn't see new highs for almost 2 years.
>MtGox, BitInstant, Butterfly Labs, Bitcoin Savings and Trust, MyBitcoin, Silk Road, Mintpal, Moopay, etc...
Most of these weren't even scams, but granted there is malicious people on the internet.
A better question is can you name me a currency that has never been used in a scam?
>People are going to start realizing that the easiest way not to get scammed by Bitcoin companies is to not use Bitcoin at all.
No.. People are going to realize the best way to avoid scams, like in ALL walks of life, are to not trust your money with a third party that is too good to be true. Or better yet, don't even trust one at all! This is the whole point of bitcoin. All of those third parties you mention are exactly that. Third parties.
>Even with online transactions with gold, you have to trust the exchange that handles the transaction for you.
You have completely missed my examples point.
With bitcoin and with gold you don't NEED to trust any third party, it's completely the users choice.
>">Just 1000% value increase in a few months
>Wrong. Wrong. Wrong. Lmao"
Pic related (2 months)