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by canoebuilder 1318 days ago
Having watched the MtGox, Mark Karpeles, Willy Bot saga, and then see that same pattern repeat over and over really is almost surreal.

What’s funny, in a tragic kind of way, is that initial market manipulation from Karpeles is what drove the initial wave of VC interest who thought they were seeing an indication of genuine widespread demand. And then they couldn’t be left holding the bag and it just snowballed where we’ve seen this ongoing pattern of ever bigger scams and market rigging.

1 comments

Same for me, and it's the whole pattern, down to the same talking points being shared by people in cryptocurrency forums. There's a level of hope and coping with cryptocurrencies that is hard to see outside of gambling addiction.