| submitted by /u/dellintelbitcoin
NBC just did one of the best stories on Bitcoin I have ever seen mainstream media do. Excellent explanation. Mentioned the drop but also pointed out its sustained growth dispute that drop.
The only criticism I have came from two bad quotes from a guy with the Digital Currency Group.
He said "bitcoin is an investment" . That's wrong. It's a protocol. This is what it really is and it's a very important thing to realize as the IRS and your accountant attempts to figure out how it should be taxed.
He also said " you will either make a lot of money or you will lose all your money" . That's completely wrong. Bitcoin will never be worth nothing, anymore than an ounce of gold will ever be worth nothing. People need to stop saying that. It's false and people in the industry especially should know better.
Headlines roared late last night in the western hemisphere, morning in the east, as mainstream media outlets breathlessly ran with an initial report from a legacy wire service: the Republic of South Korea is to ban cryptocurrency. The truth is more subtle, and it’s fast becoming an object lesson in fear, uncertainty, and doubt (FUD). Veterans and those new to bitcoin and crypto have clear choices as to reliable media coverage, and the South Korean “ban” is a perfect example.
What's bitcoin? Remember the little girl who, six years ago, ran up a $ 1,400 bill on her mother's iPhone, buying smurberries on the Smurfs' Village video game? The Smurfs are not real, and the smurberries weren't real. Bitcoin is like that. It's something you buy on the Internet — and it stays on the …
Google Alert – bitcoin
Bitcoin futures are down as the world's largest futures market, CME Group, opens trading. Immediately after trading began, Bitcoin futures contracts closing in January jumped to $ 20,800 before falling to $ 18,800 at press time. Contracts expiring in February, March and June are still priced at $ 20,000.
Google Alert – bitcoin
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Meanwhile, they continue milking the Bcash cow, and thousands of newbies keep buying his cowshit.
Hell, they even give him gold when he openly lies to them and scams them in broad r/btc daylight (third link), here's some evidence of their scammy and shady behavior:
https://cryptoinsider.21mil.com/exposing-bitcoin-com-bcash-propaganda-tool/ https://www.reddit.com/r/Bitcoin/comments/7cgzbv/so_i_did_5minutes_of_digging_and_oh_my_god/ https://www.reddit.com/r/Bitcoin/comments/7db4ov/roger_has_no_shame_he_posts_his_own_70m_usd/ https://www.reddit.com/r/Bitcoin/comments/7dbkxg/calling_bitcoin_cash_the_real_bitcoin_is/ https://www.reddit.com/r/Bitcoin/comments/7deowf/the_scamming_of_newbies_continues_roger_just/ https://www.reddit.com/r/Bitcoin/comments/7drtd5/new_fraudulent_advertisement_please_help_protect/ https://www.reddit.com/r/Bitcoin/comments/7e7n15/this_scam_is_unacceptable_lets_do_something_about/ https://www.reddit.com/r/Bitcoin/comments/7e8mr5/bitcoincom_wallet_now_provides_bcash_as_default/ https://www.reddit.com/r/Bitcoin/comments/7e9b4t/roger_writing_his_own_reviews_on_his_bitcoincom/ https://www.reddit.com/r/Bitcoin/comments/7e9kax/this_scam_is_unacceptable_lets_do_something_about/ "Roger Ver pays a public relations company to astroturf social media with anti-core, pro-BU propaganda."- former mod Good example of shill/bought accounts to push agenda MemoryDealers.com founder Roger Ver abuses admin access at Blockchain.info Roger buying likes on Twitter Roger says he paid a $ 600 fee for a #Bitcoin tx in the last 24 hours. It's nice to see /r/btc call out his bullshit.
Flashback: Remember MtGox? Watch Roger lying:
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