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[money.cnn.com] Bitcoin price goes on wild ride/The Bitcoin trade: Higher, Higher, Higher!  

post #1 of 6
Thread Starter 

OCN can't suppress this any longer, I'm re-posting this to help get the word out this is a legitimate currency and banning discussion of this is an act of censorship

 



http://money.cnn.com/2013/04/03/investing/bitcoin-price/index.html


Quote:
The price of the virtual currency bitcoin, already volatile in recent weeks, went through wild swings in overnight trading Tuesday and Wednesday.
According to prices quoted on Mt.Gox, the main trading exchange for bitcoins, the value of one bitcoin ricocheted from $106 to as high as $147, then back down to $125, then to $141. They were trading around $139 per bitcoin in afternoon trading Wednesday.



http://buzz.money.cnn.com/2013/04/03/bitcoin-traders/


Quote:
Bitcoin -- the 4-year-old cryptic online currency -- is suddenly the hottest investment in the world. What other currency, stock, bond or derivative has seen its value spike 326% in the past month and 67% in less than a week?
On Wednesday, one bitcoin traded for $147. Just two and a half years ago, a bitcoin was valued at 5 cents.

 

OCN can't suppress this any longer, I'm re-posting this to help get the word out this is a legitimate currency and banning discussion of this is an act of censorship

post #2 of 6
Quote:
Originally Posted by Yumyums View Post

OCN can't suppress this any longer, I'm re-posting this to help get the word out this is a legitimate currency and banning discussion of this is an act of censorship








http://money.cnn.com/2013/04/03/investing/bitcoin-price/index.html











http://buzz.money.cnn.com/2013/04/03/bitcoin-traders/




OCN can't suppress this any longer, I'm re-posting this to help get the word out this is a legitimate currency and banning discussion of this is an act of censorship

not the best way to go about this.

though they should discuss it again since it is apparently mainstream now.
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post #3 of 6
Seems like a pretty relevant topic to be discussed on OCN to me, don't quite understand why it shouldn't be discussed openly.

The only time there's a problem is if people can't discuss things civilly by resorting to personal insults or rude remarks.
post #4 of 6
Thanks CC:

here is the OCN official statement:

Quote:
Due to a decision from the management team on Overclock.net we will not support the discussion of Bitcoin or any other elements of it.

The Use of Bitcoin breaches our TOS as you can use Bitcoin to earn currency. It specifically states in the OCN ToS that you may not directly or indirectly profit from the use of OCN. As such we cannot support the Bitcoin project. We also feel that the Bitcoin project does not fit in with goals we strive for on OCN.

We have nothing against the Bitcoin project, it simply does not fit the purpose and goals of Overclock.net

as it stands for now, this is taboo like boinking your sister, no matter how hot she is.
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post #5 of 6
Thread Starter 

All OCN needs to do is add a new part to the ToS saying they basically aren't responsible for anything involving bitcoin and that what users do with the currency is at their own risk or whatnot. Because I heard a while back the discussion was banned for legal reasons of some sort, so by making this an at your own risk type thing the admin couldn't be held responsible for anything that happened. That could work?

 

Also:

 

post #6 of 6
Please don't re-post content that was JUST closed for a legitimate reason. The "censorship" card is getting very annoying.
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Overclock.net › Forums › Industry News › Software News › [money.cnn.com] Bitcoin price goes on wild ride/The Bitcoin trade: Higher, Higher, Higher!