Bitcoin Forum

With the biggest governing bodies of the world; USA, China, Russia and EU cracking down on bitcoin while making sure the established banks now own the patent to the technology, the scam the community is making out of bitcoin is so obvious it's mind-boggling how people don't see it.

Charging over $400 real dollars for a made up virtual token that will be one of the most illegal things in the near future? What? Yes... this is what greed and ignorance does to people.

We had a great idea, they took it from us. Don't let them or the remaining scammed take your hard earned money as well. At best the value of btc will be around $30-50 when used in a niche of underground illegal activities.

lol okay...so you want cheap coins?  ::)

The government is greedy, they can't get enough money. They also can't handle not getting money from taxes. Idiots. It's like they want us to have to pay 10,000 bitcoins again for a pizza until they have millions, then stop being retards & let the price go up to $500 ez money

For real, yeah I guess Bitcoin was good while it lasted.

You are really a die-hard, rock-solid bear aren't you? Yes, we know for the fact that the government is really a greedy entity, let alone a single human itself, but that doesn't always mean that we are being scammed by the gov't. Whales controlling the price movements? Probably some smart-ass early investor who believed so much in bitcoins and now sitting on a pile of coins. I wonder how would a decentralized network of computers be able to be controlled by the government? ::)

No he's a proven Bitcoin shorter who is forever talking FUD to try and drive the price down.   The good news is, he makes a moderately reliable contrarian indicator. 

Given his past prediction accuracy, Whenever he shows up and starts playing his cracked record of exaggerated scary phrases, you can bet hes feeling a squeeze and trying to talk his way out of it.   If you do the *opposite of what he suggests you probably stand a better than even chance of being correct, since he almost always isnt.

Hows that "Definitely down to $180 within a couple of weeks" prediction going Kwuk ?   ;D

Something will always be a successor to something.
Email took over email for the most part.
Bitcoin has the potential to do that. When people lose their faith in banks, one banks start doing shady stuff like in Cyprus you can expect people will look for alternatives.

Just my two bits.

They first gonna make large dump by selling those lots of coin they get from the arrested bitcoin holders like silk road owners etc and we all will sell being panic. Than government will tie up with large banks and keep on buying on the background. In this way they can manipulate the market in future easily like some of them do with gold and silver till now.

The butthurt is so bloody obvious...

Kwukduck is a bought account used for spamming.  I'm just going to post this anytime he posts.  The buyer shorted all year and made a little bit of money then lost everything when it went to 500, now he's back spamming whatever he can think of to try and make his new shorts work with his bought account all over again.

https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.imgur.com%2FaNX0p5Y.png&t=558&c=PqOfhoAn7qogHQ

So how you doing with those short losses?

your satoshi huh

Thank you for creating this one with your main ID. Makes the things a little easier for us!  ;D

But that's more than the $10 per Bitcoin you sold all your Bitcoins for years ago. You said Bitcoin's a collapsing Ponzi scheme all those years ago and yet it's still not collapsed. Your track record on predicting the future is a perfect reverse barometer. The opposite of what you predict happens.

I missed that one! I suspect its been superseded by last weekend's Weekend target $320 (https://bitcointalk.org/index.php?topic=1275629.msg13148166#msg13148166) and its sequel, Unable to break $400 (https://bitcointalk.org/index.php?topic=1280094.msg13178702#msg13178702). However, even these prophecies have given way to $500, grudgingly. And we're still all doooooooomed. (https://bitcointalk.org/index.php?topic=1281548.msg13191854#msg13191854)

Get over it kwuckduck. Heal your wounds, buy some Bitcoins and enjoy in profit. Your predictions are just retarded and no one take them serious anymore (not that anyone ever did anyway).

There's scamming in fiat all the bloody time.

Don't know many scams that have been nominated for a Nobel Prize, or a Turing Award. But hell, what would those bodies know.

Well better than a piece of a crappy paper that costs 1$ and you have to consider it as 100$ and so on...

Dat kwukfailduck, why you are relating bitcoin to ''underground illegal activities'' all the time, fiat is by far leading thoses activities  ;)

Here is a selection of Daily EMAs:

https://www.tradingview.com/x/snQ3huPu/


And here are the weeklies:

https://www.tradingview.com/x/Tu63kSfg/


And while we are at it, I may as well post the monthlies as well:

https://www.tradingview.com/x/ALXuGh2U/



..... you know what they say about Trend being your Friend n all that........I would say that if a HODLER is capable of just shutting their eyes for a bit when BTC goes through it's inevitable 'is this the end of crypto' corrections, things are looking pretty damn rosy for Bitcoin right at this point in time.

Kwukduck: Aren't you that guy who sold his coins for $10?  ???

This one is my favorite (note date) :D

So you did sell them for 10$ and the best retort you can muster is a post where i bought a couple of coins from 2013?

Ha! ;D

http://www.clker.com/cliparts/d/1/8/a/139763052797775199Quack.svg.med.png

This is only thing I hear when kwukduck quacks, nothing but nonsense quacks. Quack listen to me Quack!!

lol these types of threads are hilarious.

word of advice to the Op, the best trading strategy in the world isn't

"I'll post all types of scary sounding BS on a forum, that'll make the masses panic sell and i'll makes loads of money mwhahahahahaha"

you seem to think it is, how's that working out for you? Why not try selling your incredible trading system to the masses? I'm sure we'd all be queuing up to take your world class trading course.  :D ;D :D ;D

He was right for 2 years because of the bear trend, but now he is just making bullshit predictions because it is obvious price isn't going down any time soon and he missed out on a chance to re-enter.

I don't get where he keeps getting the energy from to post stuff like this again and again.

Personally I listen to him (his team) because I know when kwukduck says that the price will drop, it will definitely increase ::)
Yes, I listen to him and simply wait to see the opposite  ;)

If the "scam" according to you is soo obvious, why don't you just sell your account, so you get a few bits back, and never come back to this forum ever again, ok? Deal? DEAL!?

*Whoosh*.

Not just whoosh but what-an-incredible-lack-of-perspective as well. Congratulations! Selling an online account is exactly like child prostitution, on what planet exactly? But leaving that aside - whoosh. Maybe see if someone can lend you a ladder.

Hpmm... you do know that the last lot of coins from SR have already been auctioned off, don't you?

I don't buy it sorry:it seems you were also around when it was easy enough to get a load of BTC and save them for one day. I didn't get that chance but I will not listen to your advice, sorry.

Bitcoin is not a scam, it's the best technology ever who gave people the power to own their own money. Which is a lot to me!

Look at the digital goods section, people selling accounts is big business since even accounts with potential activity have value. Do you seriously think kwukerducker won't sell his account if he is being offered 1-2BTC for it? Think again  ;)

Well, what about Obama and his Nobel piece prize? ...however I think bitcoin will be still trusted and valuable after 8 years  ;).

I'll give kwuckduck same advice i gave to mat, sooner you switch to being a bull the quicker you'll profit. the trend is no longer your friend, you're swimming against the current now.

Bitcoin will never crash under $100 because there is always hope and HODL thing in community.
People tend to think it is opportunity when it gets low. Just think about it.

Not only that he is kind of retarded and what are crystal clear are his BS intentions. op stop beating on bitcoin because you missed your short, please don't tell me you think your waste of space threads actually help you because that one time last year the price dropped in synch with your thread.

I wonder which part of those big countries illegallizing Bitcoin is really true? Have they really illegallized it?

Who's to say the account wasn't sold a long time ago anyway? If you look at its first posts they're quite articulate, not this boring and repetitive doom stuff.

After 8 years or more for sure, the new generation and young people are starting to know about bitcoins so  I think that bitcoin will just be new money to the world. Maybe in 100 years the fiat money will be replace if in the future our technology is big.

It's quite possible, but i don't see the point of troll threads either way, because they can't really make any difference, and they also result in sharp reactions
and comments by the community like you can whiteness in this thread. The only logical conclusion is that op sold too low, and is now in rage mode, overestimating
his influence, which honestly noone cares about, not with statements like these.

cheers

Get DOGE if you want cheap coins!
WE (the owners of bitcoins) are the controllers of its price, if we put the price of it up and arrange this, The price will go up! If we want the price to go down it is even easier!

I doubt this is even the original kwuckduck. He most likely sold his account to a shill.  He doesn't even come into his thread to defend his position .  he makes a thread and when its lost steam and moves to the 2nd page h makes a new one.  It's no different then the troll threads that now get deleted.  But since he's a legendary member his troll threads stay.

From the title I thought he was talking about fiat money, what a genius I thought  ;D

The moon is coming. It's coming real soon and this time is for real. I say we gonna trade at 1500 usd or more by Christmas

Always market for pump & dump.

To keep make money  ;)

I think that is what he is trying to say. I can't really understand because he is too mad. BTW, it's not a fucking scam.

The above are only bad dreams of someone who were dead drunk before going to bed to sleep. Nothing true is on these words. First bitcoin is fully legal in Usa, half legal in China (and according to me soon or later fully legal) and banned only in Russia. The EU as an overall entity has not formal position about bitcoin (at least this is what i know since today). So bitcoin is not illegal and cannot be even in the future because have no meaning to become so if was made legal firstly. Then second, are not the Governments who decide about bitcoin. Russia has baned bitcoin but the bitcoin black market is more active than ever there. Soon or later the Russian Government and the Bank of Russia (with another Government naturally) will legalize it. Or at least will regulate it partially. Bitcoin was born without the permission of any Government and has gain its value and its actual status without the care of any Government. It is natural that if will be fight its increase as currency will slow down but will never stopped. And that values wondered by the OP for it or the use of it only in such kind of places like Op tell are only the continue of its drunk dream.

50 bucks per coin sounds a bit too high for a made up virtual token and a scam. 0$ is the real price of btc. Right?

If you really think bitcoin is worth 0, I will buy some from you for a price higher than 0, say $20 each bitcoin.

It's weird: people charging $10,000 for a kilogram of cocaine while it's one of the most widely illegal things on the planet.

hehe, yeah. Just wait, wouldn't be surprised if some of those schmocks tried fixing the price of bitcoin by using law.
 

Ha ha... True.
Even if Bitcoin does become illegal, I would love to see the cops try to seize my bitcoins.  :)

 How do the "established banks now own the patent to the technology"?

 Can't patent "prior art" unless you can PROVE you did the "prior art", which "the established banks" have ZERO ability to do.

Overstock has patented a lot of stuff, for example. Mainly applications of blockchain tech like: use it for settlement, use it for stock lending, use it for <xzy>. They have implemented the tech and they're starting to use it (http://t0.com, the SEC has approved their plan to issue/settle stock on a blockchain (not bitcoin probably (see a real effect of blocksize limit here!!) they're "blockchain agnostic")). I consider Patrick Byrne to be a "good guy" (being called "man most hated by wallstreet" says something). He's been fucked good by the banks/wallstreet decades ago and now it's payback time. He says he'd like to be part of R3 consortium "just to make sure they're steered in the right directions" but says he fears it could be powergrab by the banks in the sense that they'll dev blockchain tech for settlement and whatnot, then call their buddies in government to put into law that their system must be used and t0 is outlawed or somehow else hampered. I kinda share that fear. They wanna have the cake and eat it too. Everybody knows blockchain use is going to be real for all kinds of things in financial sphere.

reference: Patryk Byrne, CEO of Overstock.com and Founder of T0 Speaks at Inside Blockchains, San Diego

https://www.youtube.com/watch?v=RPBC6UYyAGk (part 1)
https://www.youtube.com/watch?v=YRe5KmyNmtU (part 2)

part 2 is even more interesting if you only have time for 1 of them

I hope this puts OPs "scam" into perspective a little bit

Here's how it works guys.

PRE-REQUISITE: china is the home of scams in the world. No surprise they got into bitcoin in a big way.

Some chinese (or group of chinese) has a HUGE amount of bitcoin. They cannot afford a price crash.

Everytime the market goes down because small holders dump, the chinese group is supporting the price. They figure its worth the cost for them in the long term to prevent a market panic.

The will hold the price stable for long enough that the panic ends and people start to buy again (maybe 1,2,3 weeks). As soon as that happens, they then start to liquidate or even stop buying.  (in this case stop buying can be enough to crash the price).  Therefore we have a period of stability or even positive move UP, followed by a waiting period (where they stop buying) and then a crash when they start to liquidate.


Don't be fooled guys. There is one group of chinese with a huge holding and they are controlling the price through selected pumps or dumps.  Eventually the price will crash but because the BTC is in a small number of hands they can pump it hugely before then.

Dont stand in the way of this train. Best option is to sell out your BTC now since you know what is going on. This is a SCAM COIN 100%.

lol @ previous poster.

simple rules of bitcoin:

• 1.) if you have wild theories about upward price manipulation: buy BTC
• 2.) if you have wild theories about downward price manipulaton: sell BTC
• 3.) repeat until emotion stops
• 4.) if none of above: HODL and enjoy ride

Sounds like it is time to sell all your coins, withdraw the fiat and logout of this forum. You are obviously in a place you don't want to be.

Sure, some parties hold a large part of bitcoins, and there is heavy manipulation, but that does not mean it will lead to losses for people that buy coins now. If you hold a lot, you want it to be worth even more, so they pump it more than they dump it.

I think he's just talking his book. Is short and wants to buy lower.

He should buy already.

I belong to the fourth group  ;)
But thanks a lot for this list because it made me laugh so bad!

"With the biggest governing bodies of the world; USA, China, Russia and EU cracking down on bitcoin while making sure the established banks now own the patent to the technology, the scam the community is making out of bitcoin is so obvious it's mind-boggling how people don't see it.
"

This is what a Russian ban on bitcoin looks like... and that's only on localbitcoins.com.

As for the rest of your assertions.. they're baloney and already rebutted further up-post.

https://i.imgur.com/zQ37Zym.jpg