A factor driving bitcoin's rally could be that people think owning it gives them social status

Analysts from Bernstein Research compared the recent demand for bitcoin to markets in China's anti-ageing medicine and high-end liquor. Their research considered the characteristics of a Veblen good — a product which gains its appeal from the social status attained by owning it. The analysts also …
Google Alert – bitcoin

PR: The Future of Trading Is Here – Social Trading Platform Trak Invest (news.bitcoin.com)

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.
TrakInvest, a virtual social trading platform has been disrupting the financial services landscape across Asia since 2014. Headquarted in Singapore, with operations in India, Thailand…

Bitcoin

Every day that goes by I realize that Bitcoin is much more of a social revolution than a financial one…

• It has presented itself as a way to make huge profits quickly but I believe it’s just a way to attract as many people as possible. To outsiders, this looks like a cult, naive and short sighted.

“I’ve seen this before” many say.

But they haven’t. It’s not 1999, it’s 1929.

• Every major revolution comes once in a generation. No one fully lives through two, which is why they repeat themselves. Over and over. Approximately every 80-90 years. (“The Fourth Turning”)

• I don’t know what will happen with Bitcoin price or any crypto for that matter but I do know this – there is something brewing with geopolitics, with the economy, with inequality and with how things currently are. Travel around the world – you feel it

• This is why I urge everyone I know to buy some crypto, mostly Bitcoin, because it is a hedge against that macro force. The price will go up and down. Maybe it pops then comes back. But that won’t matter in 10 years – the seeds have been planted.

• Beyond the profits and the daily dopamine rush, this is infinitely bigger than people think – not because people will spend Bitcoin on groceries but because of what it represents – freedom from the system.

Only when we look back will we realize what it is we were a part of.

submitted by /u/21millionreasons
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Bitcoin – The Currency of the Internet

Roger Ver is paying millions in social media attacks against bitcoin – please take a minute and show him that we are bitcoin!

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https://www.mywot.com/en/scorecard/bitcoin.com

Guys, please take a few minutes to leave an appropriate review for the scam site Bitcoin,com

Tag them guys, tag them and report them, it works!


Some things to motivate you:

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:

https://www.youtube.com/watch?v=UP1YsMlrfF0

submitted by /u/Bitcoin_Bug
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Bitcoin

PR: BMCHAIN Social Media Blockchain the First Token Secured with Applied Business Knowledge (news.bitcoin.com)

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.
After the successful completion of the…

Bitcoin