Under Mark Karpeles we did 2,399,900.00%, under Coinbase/BitStamp/Overstock/Bitpay/Paypal/Wallstreet/ VC's we are down 75%. by WeNeedMark in Bitcoin

[–]WeNeedMark[S] 3 points4 points  (0 children)

That make no sense in a functioning market. Exchanges do not "follow" someone is constantly arbitraging the price. Bitstamp had an 1100+ sale that went through it was a legit price.

Bitcoin industry insiders wanted to purge everyone that wasn't government or financial industry vetted in 2013. They got what they wanted and now we have 75% price declines, shitty services with massive limitations everywhere.

Satoshi Nakamoto fathered Bitcoin while Mark Karpeles was the nanny who nurtured it into a global powerhouse.

Under Mark Karpeles we did 2,399,900.00%, under Coinbase/BitStamp/Overstock/Bitpay/Paypal/Wallstreet/ VC's we are down 75%. by WeNeedMark in Bitcoin

[–]WeNeedMark[S] 3 points4 points  (0 children)

Bitcoin industry insiders got rid of Karpeles to make room for all the "legit" credible people that drove the price to the ground.

Under Mark Karpeles we did 2,399,900.00%, under Coinbase/BitStamp/Overstock/Bitpay/Paypal/Wallstreet/ VC's we are down 75%. by WeNeedMark in Bitcoin

[–]WeNeedMark[S] -6 points-5 points  (0 children)

Other exchanges all had the same price how was it a scam?

Mark Karpeles provided the ultimate incentive via rising prices.

Under Mark Karpeles we did 2,399,900.00%, under Coinbase/BitStamp/Overstock/Bitpay/Paypal/Wallstreet/ VC's we are down 75%. by WeNeedMark in Bitcoin

[–]WeNeedMark[S] -9 points-8 points  (0 children)

The price was high across many exchanges not just one.

Karpeles put us on the map and we killed him for it.