[NBLUG/talk] BTC got pumped and dumped harder than any coin yet

[Michael Tucker]

Good morning,

Now that we have seen Bitcoin get manipulated all the way up to and above
$1300USD, should the crypto-currency guru's think about building a little
redundancy into the equation to protect the future of peer-2-peer currency?
LTC has been referred to as a pump and dump by more people than BTC,
however; now I am beginning to hear those who have money talk about it
being a ponzi scheme. As if the american dollar doesn't have a pyramid on
it and the stock market is never manipulated. Wether it is fontas, or the
banking industry manipulating crypto-currency right now, it needs to self
regulate in order to prevent the cronies on capitol hill from taking it and
making it their ......  As these coins are developed off of open source
code and a transparent process,  if and/or when they fail they will effect
the open source movement as a whole. I believe this is a good topic of
discussion for NBLUG and would like to extend you an invitation to post
your praise or critique of crypto-currency through a response to this post.

Thank you,
Michael
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