A bit off topic but having a "Black Friday" is a good thing. It reefers when a company goes from being "in the red" (no profits) to being "in the
black" (showing profits). Traditionally a huge bulk of retailers don't show any profit for the year until "Black Friday" because of all of the holiday
EDIT:: My bad...just learned of the 1929 Black Friday and the Fisk/Gould scandal in 1869...I'm not much up on my economic history!
6/13/2011 by RedParrotHead because: spoke before informed!
edit on 6/13/2011 by RedParrotHead because: (no reason given)
The market itself isn't real - it's as fake as "silkroadmarket".
So while a 30% "correction" may be "good," it didn't happen here - only one market ever semi-successfully converted BTC/USD and that was
bitcoinmarket.com, which has since been having economic-manipulation problems.
Which screams "propaganda to make bitcoin look unstable because they can't do it any other way."
See http:///4YmYCTS9 for the mtgox/silkroadmarket delta.
Thank you for bringing the information you have forward. I started looking for myself the silk road/bitcoin connection and seen that others have also
made the connection. It looks like a shady business that is being profited on like the dollar carry trade, but again since its still small, is easy
to manipulate and make alot of real life money for the scammers when they catch it on the way up and down.
edit on 13-6-2011 by wiandiii
because: for content
This content community relies on user-generated content from our member contributors. The opinions of our members are not those of site ownership who maintains strict editorial agnosticism and simply provides a collaborative venue for free expression.