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Old 03-21-2013, 01:41 PM  
woj
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Join Date: Jul 2002
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Quote:
Originally Posted by dyna mo View Post
i'm using my imagination to try to see how usa will shut down bitcoins in france. or italy. or russia. or korea. or japan or bumfuck egypt
it doesn't have to get "shut down", just enough pressure has to be applied to make it unusable as a currency... and it won't take much, it's pretty much unusable as is, the only thing keeping it alive is all the speculators hyping it up hoping for a quick profit...

once any bad news or signs of a downward trend appear all the speculators will try to sell and it will implode almost overnight... (just look at what happened few weeks ago, it dipped 23% in a matter of hours)

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Last edited by woj; 03-21-2013 at 01:51 PM..
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