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Title: The Everything Bearish Thread Post by: ahpku on September 26, 2015, 01:55:43 PM Russian Bear Fed Up With Bitcoin Bullshit
Russia's Ministry of Finance has developed a new version of its proposed law that would seek to both outlaw and apply criminal penalties for activities involving digital currencies, according to a report by Russian news source Interfax. Citing sources from within the Russian government, Interfax reports that acquiring, selling and distributing cryptocurrencies would be punishable with fines of 300,000 rubles ($4,574) or through up to 360 hours of correctional labor under the new bill. Should such infractions be committed by an agency or group, the fines for such activities would increase to 500,000 rubles ($7,623). Title: Re: The Bearish News Thread Post by: AbEQ5e on September 26, 2015, 01:58:11 PM Any one with brain can see the end of bitcoin ponzi incoming after seeing the failure of Coinbase, OTC Penny stock, ETN, Gemini, ETF etc.. :D
Title: Re: The Bearish News Thread Post by: ahpku on September 26, 2015, 02:08:11 PM Australia to Bitcoin Business: Enough! Now GTFO!
"To the best of our knowledge all, or nearly all digital currency business have received letters from their bank, or in many cases banks, advising of the closure of their accounts. This includes at least 17, with 13 of these closed permanently."- Ronald Tucker, chairman at the Australian Digital Currency & Commerce Association (ADCCA) Title: Re: The Bearish News Thread Post by: ahpku on September 26, 2015, 02:24:19 PM Bitcoin's Best-Funded Startup Unveils $399.99 Raspberry Pi; Laughter Ensues
Vitalik Buterin, inventor of the blockchain-based decentralized application platform Ethereum, opines: Quote "So you're paying $399 upfront and getting $0.105 per day or $38.3 per year, and this is before taking into account network difficulty increases, the upcoming block halving (yay, your profit goes down to $0.03 per day!) and, of course, the near-100% likelihood that you won’t be able to keep that device on absolutely all of the time. I seriously hope they have multiple mining chips inside of their device and forgot to mention it; otherwise you can outcompete this offering pretty easily by just preloading a raspberry pi with $200 of your favourite cryptotokens." Title: Re: The Bearish News Thread Post by: ahpku on September 26, 2015, 03:47:23 PM BitPay's Timeline of Lel
December 2014 BitPay’s chief financial officer, Bryan Krohn, tricked into sending $1.8 million to a hacker. December 2014, days later BitPay files a claim for the losses with Massachusetts Bay Insurance Company June 8, 2015 Lol no. Claim denied. September 15, 2015 BitPay files suit against Massachusetts Bay Insurance Company, alleges breach of contract; seeks damages & court fees in addition to the initial $950,000 claim. September 24, 2015 BitPay terminates its 'Free, Unlimited, Forever' plan. Quote ... we wanted to make you aware of the changes to our Free Plan. On October 1st, all Free Plan accounts will be migrated to the Starter Plan, which offers free, instant conversion for 30 transactions per month. If you process more than 30 transactions, a 1% settlement fee will be applied to the additional transactions. September 25, 2015 BitPay lays off 'upwards of 20 full-time employees in an effort to "reduce costs" and "better align with the pace of growth" in the industry,' emails a few words of advice to the freshly-unemployed: Quote "I urge everyone to be professional and considerate and not allow the emotion of the day to get the better of you. It saddens me to have to deliver this news as it has been an honor to get to know each and every one of you and my privilege to work with you. And I know [executive chairman] Tony [Gallippi] feels the same way." Title: Re: The Bearish News Thread Post by: AbEQ5e on September 26, 2015, 03:55:51 PM BitPay is blacklisting certain bitcoins & rejecting customers
Email from BitPay to merchant (paraphrased): "Your customer's coins are coming directly or indirectly from dubious sources. Please discontinue serving this customer." https://www.reddit.com/r/Bitcoin/comments/3mea6b/bitpay_is_blacklisting_certain_bitcoins_rejecting/ Title: Re: The Bearish News Thread Post by: toinew on September 26, 2015, 04:24:56 PM very informative, i'm not kidding. please keep this thread up to date so new comers can see both sides of the situation :)
Title: Re: The Bearish News Thread Post by: ahpku on September 26, 2015, 05:24:48 PM Circle (https://www.circle.com) Granted BitLicense, Immediately Upgrades To USD
With Circle licensed to handle money, Bitcoin's relegated to back-end chores. "You can enjoy the benefits of Bitcoin without ever holding or buying bitcoin yourself, and without being exposed to bitcoin price volatility." Title: Re: The Bearish News Thread Post by: talks_cheep on September 26, 2015, 05:26:20 PM No wonder that btc price keeps stagnating. If you've been on the forum awhile, you begin the think that btc is some kind of wonder investment which will certainly bring $$$$$$$$$$MILLIONS to you tomorrow. Nothing can be farther from the truth. I'm glad there are people who post gems like this to keep the noobs from investing their life's savings to buy into this non-sense. I hear someone sold his house for btc a few years ago, lost so much money and had to commit suicide.
Title: Re: The Bearish News Thread Post by: Afrikoin on September 26, 2015, 06:35:48 PM very informative, i'm not kidding. please keep this thread up to date so new comers can see both sides of the situation :) +1 Keep it clean and quality. This is as important as all the bullish speculation. Watching Title: Re: The Bearish News Thread Post by: AbEQ5e on September 27, 2015, 10:31:35 AM Bitcointalk-User after he learned the 21 Bitcoin RPi2 will never ROI.
Good thing he didn't pay with bit[Suspicious link removed]d for him, now he can go the bank and lie about the transaction to be refund. Unfortunate for 21inc, they don't take bitcoin payment : 21 has not done a good job in showing a good example for this system. They allude to using it to sell digital works, like a screenplay or a business plan or rent time on a 3d printer. It's like a screwdriver manufacturer telling you can use it to build a bicycle or fix a sign at an ice cream store and make quite a bit of money. I know it's too soon to pass judgement without having one in hand and experimenting with it. However, I think they need to have a good working example of the intended use case. They're kind of saying it's a miner that won't mine very well, but hey, you can use it for all sorts of "cool" things. It reminds me a lot of those offers on cracker jack boxes for mail-away devices,etc, that for some reason, always came from Denver, Co(?).... https://www.reddit.com/r/Bitcoin/comments/3mhgmj/bitcointalkuser_after_he_learned_the_21_bitcoin/ Title: Re: The Bearish News Thread Post by: AbEQ5e on September 27, 2015, 10:37:46 AM Another liars excuse: Jeff Garzik: "I don't speculate on the price. I don't calculate on the price. I just try to focus on the technology."
Pretty sure this one line can be applied to any aspect of life and used as great advice. "I don't speculate on my wages. I don't calculate my wages. I just try to focus on doing the job." This is wageslave logic at it's worst. If you're not calculating your wages, you're not checking to make sure your employer isn't ripping you off (spoiler: even when they're not ripping you off, they're still ripping you off, that's called profit margin). Any self-respecting capitalist is always thinking about his/her cut and how to get a bigger slice of the pie. Top talent are often fighting tooth and nail for better salaries, there's a reason such negotiations are so often dramatic and ugly. Only those languishing at the bottom of the pyramid have the mentality of accepting whatever they can get. https://www.reddit.com/r/Bitcoin/comments/3miw1l/jeff_garzik_i_dont_speculate_on_the_price_i_dont/ Title: Re: The Bearish News Thread Post by: kwukduck on September 27, 2015, 12:51:22 PM Well we knew right from the start that government and banks would crack down on bit coin to get rid of it once and for all. It seems it's happening rather fast now.
Price is also extremely bearish with a 4 week expectation of a whopping -40%. Panic and fear is growing so fast. It makes me sad but these are the end times of an are maxing project that we all enjoyed for the past few years. Title: Re: The Bearish News Thread Post by: ahpku on September 28, 2015, 01:54:33 PM Blockchain: Magic That Works!
Mijin, a Permissioned Blockchain Platform, Plans to Reduce the Cost of the Banking System by up to 1,000% by the End of 2018 Title: Re: The Bearish News Thread Post by: Paashaas on September 28, 2015, 02:13:29 PM This thread is pure horseschit, it has it all; trolls, fudsters and idiots.
btw the Bullish version outweight this one by far. Title: Re: The Bearish News Thread Post by: ahpku on September 28, 2015, 02:50:25 PM This thread is pure horseschit, it has it all; trolls, fudsters and idiots. btw the Bullish version outweight this one by far. For those incapable of finding positive articles in bitcoin publications and/or preferring to read such articles in .png format, the thread you mention is invaluable. It's ideal for those who prefer to live in an echo chamber, abhor critical thinking, enjoy herd mentality, adore censorship, and seethe with hatred at dissenting opinions. There's enough room in this forum for both threads. Vive la difference. Different strokes, as they say. Title: Re: The Bearish News Thread Post by: knight22 on September 28, 2015, 02:52:29 PM This thread is pure horseschit, it has it all; trolls, fudsters and idiots. btw the Bullish version outweight this one by far. Unfortunately bitcoin doesn't scale and gives no signs to get resolved. This is a bearish fact that outweight any possible bullish news IMO. Title: Re: The Bearish News Thread Post by: OSCA on September 28, 2015, 05:30:48 PM This thread is pure horseschit, it has it all; trolls, fudsters and idiots. No wonder you're so angry... Hello all, I never invested money in a company ore something else, untill today.. ... i just bought 3 BTC for around 1900 Euro witch i believe it is still a good price for a early adopter. If i lose that money its hurting me a little bit of my own savings, i grinded that money by working in a fish company. No, i didn't went to a master economics school but my energy was exploding when i knew what BTC contains. I invested in BTC because it is really good for humanity in general. (i really hate banks) ... You're not angry at the right people tho. You should be angry at the bitcoin pimps -- the ones who convinced you that buying their tokens at the height of the Bitcoin fad was a super good idea. Title: Re: The Bearish News Thread Post by: Mickeyb on September 28, 2015, 08:44:58 PM Russian Bear Fed Up With Bitcoin Bullshit Russia's Ministry of Finance has developed a new version of its proposed law that would seek to both outlaw and apply criminal penalties for activities involving digital currencies, according to a report by Russian news source Interfax. Citing sources from within the Russian government, Interfax reports that acquiring, selling and distributing cryptocurrencies would be punishable with fines of 300,000 rubles ($4,574) or through up to 360 hours of correctional labor under the new bill. Should such infractions be committed by an agency or group, the fines for such activities would increase to 500,000 rubles ($7,623). What could we expect more from the nation where financial freedom doesn't exist. Where everything regarding finances is strictly controlled and where in order to move freely your money, you need to be a member of the rich oligarchy and then, after you pay to somebody surely, you are free to move your money out of the Russia and buy real-estate in London and Cote d'Azur. Title: Re: The Bearish News Thread Post by: ahpku on September 28, 2015, 11:14:46 PM ... What could we expect more from the nation where financial freedom doesn't exist. Where everything regarding finances is strictly controlled and where in order to move freely your money, you need to be a member of the rich oligarchy and then, after you pay to somebody surely, you are free to move your money out of the Russia and buy real-estate in London and Cote d'Azur. Are you suggesting that the Russian proles lack sufficient 'financial freedom' for moving their money offshore? Were I to point out that said poor and downtrodden have no such money to move, due to being poor and downtrodden... no, that's beneath me. Or are you bemoaning the plight of Russian upper crust, those who've accumulated sufficient sums to afford a modest 50-footer and a shanty on the French Riviera, but find their efforts repeatedly (and unjustly!) thwarted? Regardless, a ban on bitcoin by a major power seems to fall squarely into the 'bearish news' category. Oh wait... 'this is actually really good for bitcoinTM"? Title: Re: The Bearish News Thread Post by: Fakhoury on September 28, 2015, 11:17:51 PM This thread is pure horseschit, it has it all; trolls, fudsters and idiots. btw the Bullish version outweight this one by far. Unfortunately bitcoin doesn't scale and gives no signs to get resolved. This is a bearish fact that outweight any possible bullish news IMO. Maybe you don't have enough patience ? Title: Re: The Bearish News Thread Post by: ahpku on September 28, 2015, 11:32:43 PM From our 'Bullish News' sister thread:
Good News Everyone! There Is No Bitcoin Ban In Mexico Actual headline, not even kidding. Mr. President, SECURE THE BORDER! News URL : http://bitcoinist.net/no-bitcoin-ban-mexico/ @Fakhoury Consider returning to your self-moderated thread, no need to shit up this one too. Or back to peddling stolen MSDN keys, whichever. https://bitcointalk.org/index.php?action=trust;u=357170 Title: Re: The Bearish News Thread Post by: ahpku on September 29, 2015, 12:59:44 PM DigitalBTC Bids Adieu To BTC
"When we saw the big drop in the value of bitcoin, just like a traditional miner, we had to look for something else to do. We have been slowly winding down our bitcoin mining operations and we will be progressively moving away from using it as a currency." Lol no, not with a name like DigitalBTC you don't.Title: Re: The Bearish News Thread Post by: knight22 on September 29, 2015, 01:00:11 PM This thread is pure horseschit, it has it all; trolls, fudsters and idiots. btw the Bullish version outweight this one by far. Unfortunately bitcoin doesn't scale and gives no signs to get resolved. This is a bearish fact that outweight any possible bullish news IMO. Maybe you don't have enough patience ? Patience? Fidelity and NASDAQ are currently being pushed away and Core devs don't give a damn. Can't be more bearish IMO. I don't see why waiting forever will solve anything. Title: Re: The Bearish News Thread Post by: ahpku on September 29, 2015, 01:16:20 PM From our 'Bullish News' sister thread: Good News Everyone! There Is No Bitcoin Ban In Mexico Actual headline, not even kidding. Mr. President, SECURE THE BORDER! ...News URL : http://bitcoinist.net/no-bitcoin-ban-mexico/ Jubilation premature. Update: Mexico Cracks Down On Bitcoin Use Following the Bank of Mexico's warning about the use of virtual currencies last year, the Secretariat of Finance and Public Credit stated that bitcoin will be subject to the same restrictions placed on some transactions involving cash or precious metals. "... the use of virtual goods on an international level has resulted in a new way of transferring value via the Internet. For this reason, it is necessary to take action on a national level to identify and lessen the risks that any of these instruments be used to launder money or finance terrorism." Title: Re: The Bearish News Thread Post by: ahpku on September 29, 2015, 02:00:16 PM Tough Times For Ethereum; Frolics Canceled (http://www.general-anaesthesia.com/ether-addiction.html)
Second-largest crowdfunded project in history (https://www.reddit.com/r/ethereum/comments/2fhmzm/ethereum_was_second_largest_crowdsale_in_history/), nonprofit Ethereum Foundation, faces financial woes, cuts jobs; Declining Bitcoin price to blame. "It is indeed true that the foundation’s finances are limited, and a large part of this was the result of our failure to sell nearly as much of our BTC holdings as we were planning to before the price dropped to $220; as a result, we suffered roughly $9m in lost potential capital." --Vitalik Buterin, inventor of Ether (Not the the stuff that permeates all of space but really doesn't exist. That other stuff that doesn't exist.) Title: Re: The Bearish News Thread Post by: knight22 on September 29, 2015, 02:28:52 PM What Ethereum has to do with bitcoin again?
Title: Re: The Bearish News Thread Post by: rebuilder on September 29, 2015, 02:39:50 PM Hey Lambie, how's it feel like acting like a human being for a change? Congratulations on your personal growth!
Title: Re: The Bearish News Thread Post by: ahpku on September 29, 2015, 02:44:53 PM What Ethereum has to do with bitcoin again? I dunno. Just assumed that the flounderings of the biggest bitcoin-financed crowdfunded project, the 'blockchain-based decentralized application platform [which] raised 31,529 BTC,' and is now struggling due to its failure to dump the raised BTC when said BTC was actually worth money, and the fact that most Bitcoin publications have covered this tasty morsel... ...well, I just thought this was somehow relevant to BTC :-\ @rebuilder: This is a thread for posting/discussing 'bearish' news related to bitcoin. Much like our 'bullish' sister thread (https://bitcointalk.org/index.php?topic=1166428.0), though sans the self-moderation. If you need to troll/incite/air your dirty laundry, please do it elsewhere. Title: Re: The Bearish News Thread Post by: ahpku on September 29, 2015, 03:12:18 PM Blockchain-Based Digital Cash Platform Raises $1.2 Million
*Bad news: Wrong Blockchain. "Our platform is a permission-based blockchain that's licensed to and controlled by banks. We are not a technology service provider for banks and we don't handle any money – that's up to our bank partners, licensed money businesses and licensed exchanges." Title: Re: The Bearish News Thread Post by: Darkbot on September 29, 2015, 03:18:54 PM Hey Lambie, how's it feel like acting like a human being for a change? Congratulations on your personal growth! This guy is a bloody retard, no one shoud take him, his posts ore this thread for granted. Karma is a bitch :-* Title: Re: The Bearish News Thread Post by: ahpku on September 29, 2015, 03:28:45 PM R3CEV Blockchain Project Adds 13 Banks
Quote from: http://www.coindesk.com/citi-hsbc-partner-with-r3cev-as-blockchain-project-adds-13-banks/ R3 CEO David Rutter suggested in statements that the startups approach to collaborating with the market to lower the cost of delivering new blockchain initiatives was a factor in the deal. "The addition of this new group of banks demonstrates widespread support for innovative distributed ledger solutions across the global financial services community, and we’re delighted to have them on board." inb4 'what does this have to do with bitcoin': Nothing. Nothing at all. Bitcoin is not even mentioned. (http://r3cev.com/) 'Blockchain,' 'innovative,' and 'distributed ledger solutions' once meant bitcoin. Not anymore. Title: Re: The Bearish News Thread Post by: ahpku on September 30, 2015, 11:20:10 AM Dutch Bank’s Innovation Chief: Bitcoin Obsolete
"We want to prevent bitcoin's poor image reflecting on what we do with the blockchain, its underlying technology. We see many opportunities [in the blockchain]. Bitcoin itself is outmoded." Title: Re: The Bearish News Thread Post by: ahpku on September 30, 2015, 11:48:50 AM Chinese Auto Giant Wanxiang Plans $50 Million Crypto 2.0 Fund
(Sit down bitcoin, this ain't about you.) "About two years ago, we saw the rise of blockchain technologies, and we started research and we were very optimistic about their prospects. We know that blockchain tech has a wide range of applications. We don't have any specific goals set yet, but we see opportunities." The $50m fund, which had recently completed a purchase of 416,000 ETH (~$500,000), the native token on the Ethereum blockchain, will seek to support "all crypto 2.0 projects." Title: Re: The Bearish News Thread Post by: ahpku on September 30, 2015, 12:12:41 PM Bitcoin Criminals Target Australian Financial Sector
Banks Respond: GTFO Scumbags! Quote from: http://insidebitcoins.com/news/bitcoin-criminals-target-australian-financial-sector/35055 Australian executives in the traditional finance are starting to get a bad taste in their mouths concerning Bitcoin. It seems that cyber-attacks involving digital currency ransoms are on the rise in the Aussie region, and banks are taking them seriously. On September 21, 2015, Australian banks sent letters to 17 native Bitcoin companies explaining that they would be terminating the companies’ bank accounts. The news came unexpectedly, and the banks gave no reasoning to why they sent these letters. We now know. Title: Re: The Bearish News Thread Post by: mordekaiser on September 30, 2015, 01:27:45 PM Russian Bear Fed Up With Bitcoin Bullshit Russia's Ministry of Finance has developed a new version of its proposed law that would seek to both outlaw and apply criminal penalties for activities involving digital currencies, according to a report by Russian news source Interfax. Citing sources from within the Russian government, Interfax reports that acquiring, selling and distributing cryptocurrencies would be punishable with fines of 300,000 rubles ($4,574) or through up to 360 hours of correctional labor under the new bill. Should such infractions be committed by an agency or group, the fines for such activities would increase to 500,000 rubles ($7,623). It is not new anymore a lot of people get this and I have heard about this a long time ago, we may not like it but this do exist for some reason it is under investigation. Title: Re: The Bearish News Thread Post by: ahpku on September 30, 2015, 02:10:13 PM ... The quoted article was published on September 25, 2015, so current when posted. You might be thinking of this:It is not new anymore a lot of people get this and I have heard about this a long time ago, we may not like it but this do exist for some reason it is under investigation. "It's absolutely illegal, such technical hooliganism [is] absolutely inappropriate. The Constitution says who has the right [in] Russia to issue money - it is the central bank. The only currency in Russia is the ruble." --Russian financial ombudsman Pavel Medvedev* *Aptly named 'Medvedyev' translates to 'Bearson,' or 'son of bear.' Title: Re: The Bearish News Thread Post by: Slark on September 30, 2015, 02:21:56 PM Russia is so afraid after that Crimea case.You can actually see that the sanctions of the EU and US are starting to take its toll on them.
Ruble is very weak right now and still losing, Russian government will do anything to block alternative currencies, everything to help Ruble. Title: Re: The Bearish News Thread Post by: ahpku on September 30, 2015, 02:41:47 PM ... Russian government will do anything to block alternative currencies, everything to help Ruble. [Unauthorized] cryptocurrencies dilute the legitimate currency, much like counterfeit money.The government's duty is to protect its national currency, which is exactly what's being done here. Title: Re: The Bearish News Thread Post by: ahpku on September 30, 2015, 04:34:49 PM Bitcoiner Sentenced To Life In Prison
Liam Lyburd, the British Bitcoiner made famous by actually getting his money's worth from Evo,* blames college, not bitcoin, for his 'miserable life' and 'making him look a fool.' Quote from: http://www.guns.com/2015/09/26/british-teen-sentenced-to-life-for-planned-school-attack/ Despite some of the tightest gun control on the planet, a British man was able to acquire a handgun, extended mags and explosives as part of a plot to attack his former school. ... *and, to a lesser degree, by being a failed mass murdererThe internet-savvy teen obtained the Glock and other items through Evolution Marketplace, a successor to the Silk Road, a long-time “dark web” site in which users could buy and sell everything from illegal narcotics to munitions using Bitcoin cryptocurrency. Title: Re: The Bearish News Thread Post by: Dump3er on September 30, 2015, 10:31:25 PM Keep up the good work, I like this thread! Kinda funny :D
Title: Re: The Bearish News Thread Post by: Fakhoury on September 30, 2015, 11:56:19 PM This thread is pure horseschit, it has it all; trolls, fudsters and idiots. btw the Bullish version outweight this one by far. Thank you my friend for what you said. People : Don't take this thread as a serious thread, this is a FUD distributed by a mentally-retarded thing called Lamb (NCL), on the other hand, seek a real and informative threads which really shows the true face of bitcoin. PLEASE don't be fooled by this thing, those people and most the repliers here are people who are with an agenda or some losers who envy others like Holders. Thank you. Title: Re: The Bearish News Thread Post by: ahpku on October 01, 2015, 12:32:45 AM Bitcoin: Cyber Criminal's Currency Of Choice, Claim Cops
Enables crime-as-a-service (http://www.coindesk.com/europol-cryptocurrency-promotes-crime-as-a-service-business-model/), accounts for roughly 40% of criminal-to-criminal payments online, Europol studies show. "Although there is no single common currency used by cybercriminals across the EU, it is apparent that bitcoin may gradually be taking on that role. Bitcoin features as a common payment mechanism across almost all payment scenarios, a trend which can only be expected to increase." @Fakhoury: @Fakhoury Consider returning to your self-moderated thread, no need to shit up this one too. Or back to peddling stolen MSDN keys, whichever. https://bitcointalk.org/index.php?action=trust;u=357170 Title: Re: The Bearish News Thread Post by: ahpku on October 01, 2015, 12:58:47 AM Lel from our sister thread:
Russian Payments Firm Qiwi Seeks 'Bitruble' Trademark News URL : http://www.coindesk.com/russian-payments-firm-qiwi-seeks-bitruble-trademark/ Russia's financial ombudsman, Pavel Medvedev, replies: Russian Official: Payment Giant Qiwi's Digital Currency Idea 'Illegal' " It's absolutely illegal, such technical hooliganism [is] absolutely inappropriate. The Constitution says who has the right [in] Russia to issue money - it is the central bank. The only currency in Russia is the ruble." Title: Re: The Bearish News Thread Post by: Nami on October 01, 2015, 01:12:17 AM Russian Bear Fed Up With Bitcoin Bullshit Russia's Ministry of Finance has developed a new version of its proposed law that would seek to both outlaw and apply criminal penalties for activities involving digital currencies, according to a report by Russian news source Interfax. Citing sources from within the Russian government, Interfax reports that acquiring, selling and distributing cryptocurrencies would be punishable with fines of 300,000 rubles ($4,574) or through up to 360 hours of correctional labor under the new bill. Should such infractions be committed by an agency or group, the fines for such activities would increase to 500,000 rubles ($7,623). A lot of post about that prices will low but I think there'ye all speculations that needed to be proved. Title: Re: The Bearish News Thread Post by: ahpku on October 01, 2015, 01:41:48 AM ... I think there'ye all speculations that needed to be proved. The CoinDesk article, from where the quote was culled, cites Interfax (a reputable Russian news agency) as the source. I see no reason to doubt its factual accuracy.Allow me to congratulate you on 'earning' a few satoshi with your broken English and that colorful signature ad tho. A winner is you. Title: Re: The Bearish News Thread Post by: Dump3er on October 01, 2015, 10:30:50 AM This thread is pure horseschit, it has it all; trolls, fudsters and idiots. btw the Bullish version outweight this one by far. Thank you my friend for what you said. People : Don't take this thread as a serious thread, this is a FUD distributed by a mentally-retarded thing called Lamb (NCL), on the other hand, seek a real and informative threads which really shows the true face of bitcoin. PLEASE don't be fooled by this thing, those people and most the repliers here are people who are with an agenda or some losers who envy others like Holders. Thank you. That's even more funny now. You opened a one sided propaganda thread, and when someone else opens the counterpart of your thread it is FUD, mentally retarded, non-informative and not the true face of Bitcoin. This confirms that permabulls don't distinguish from (bear-) trolls apart from they aren't conscious that they are trolling. Title: Re: The Bearish News Thread Post by: Paashaas on October 01, 2015, 01:49:58 PM This thread is pure horseschit, it has it all; trolls, fudsters and idiots. btw the Bullish version outweight this one by far. Thank you my friend for what you said. People : Don't take this thread as a serious thread, this is a FUD distributed by a mentally-retarded thing called Lamb (NCL), on the other hand, seek a real and informative threads which really shows the true face of bitcoin. PLEASE don't be fooled by this thing, those people and most the repliers here are people who are with an agenda or some losers who envy others like Holders. Thank you. That's even more funny now. You opened a one sided propaganda thread, and when someone else opens the counterpart of your thread it is FUD, mentally retarded, non-informative and not the true face of Bitcoin. This confirms that permabulls don't distinguish from (bear-) trolls apart from they aren't conscious that they are trolling. You still dont get it ore you cant read.. This guy created so many accounts and posted literaly hundrets of spam posts, no wonder ppl feel no sympathy for him. This moron just digged his own grave. Dont get me wrong, i dont mind a brear thread but it needs to be made by a normal guy... Title: Re: The Bearish News Thread Post by: ahpku on October 01, 2015, 01:53:56 PM @Paashaas: https://bitcointalk.org/index.php?topic=1191177.msg12546053#msg12546053
Title: Re: The Bearish News Thread Post by: Paashaas on October 01, 2015, 01:59:31 PM @Paashaas: https://bitcointalk.org/index.php?topic=1191177.msg12546053#msg12546053 @ahpku https://i.imgur.com/ZwDM7Jg.jpg Title: Re: The Bearish News Thread Post by: ahpku on October 01, 2015, 02:08:36 PM Six Arrested in Bitcoin Money-Laundering Probe
According to sources, a series of large bitcoin trades, which happen for one reason and one reason only (https://bitcointalk.org/index.php?topic=1191177.msg12568094#msg12568094), tipped off the authorities. Drugs and weapons were discovered during searches.* *The hookers, far quicker and wilier than their money-laundering patrons, eluded capture and remain at large. Title: Re: The Bearish News Thread Post by: ahpku on October 01, 2015, 02:58:10 PM Pirate's Treasure, Rogue Federales, Kidnappings, Canadians On The Lam -- Oh My!
"He would kidnap Ross Ulbricht's sister, or mother, or ideally both. Get a video capable phone in front of Ross Ulbricht, and he'd give up that fucking pass phrase, and Diamond would have them tortured until he did," File under 'This is actually good for bitcoinTM' Quote from: http://www.coindesk.com/rogue-fbi-agent-searching-for-lost-bitcoin-silk-road-advisor-alleges/ A user calling himself Plural of Mongoose, alleged alternate pseudonym adopted by Variety Jones -- the nom de plume purportedly used by by Thomas Clark, the infamous middle-aged Canadian national and alleged 'adviser' to Dread Pirate Roberts, alleged in a post on a pothead forum (http://www.myplanetganja.com/viewtopic.php?f=13&t=11022&start=120#p144158) that he is being targeted by Diamond, who, allegedly, is a crooked FBI man and 'seasoned extortioner,' ...and I'm gonna stop here, because I'm clearly out of my depth; this sentence is just too damn long. Anyhow, click on the link above and read the whole story. Title: Re: The Bearish News Thread Post by: Hunyadi on October 01, 2015, 03:43:04 PM Users from the Bitcoin Venezuela's Facebook group, with over 6000 members, are reporting blocks on major Bitcoin websites, including the two exchanges that operate locally.
The ISP is CANTV, managed by the institution CONATEL, and is very well known by their blockades to any website that doesn't follow the Government's endless rules or are suspected to be supporting any kind of opposition against the Socialist government. https://www.reddit.com/r/Bitcoin/comments/3n3n8b/state_owned_and_biggest_isp_in_venezuela_have/ (https://www.reddit.com/r/Bitcoin/comments/3n3n8b/state_owned_and_biggest_isp_in_venezuela_have/) Title: Re: The Bearish News Thread Post by: ahpku on October 01, 2015, 04:32:15 PM Is Your Nuclear Plant Running? Well, You'd Better Go Catch It!
Crime-as-a-service on the rise, bitcoin totally not to blame (https://bitcointalk.org/index.php?topic=1191177.msg12568094#msg12568094). "There is even a market for trading secret information. ... In fact, once we came across a vendor selling the design of a nuclear plant of a country. We alerted that country but they never got back to tell if it indeed was their design," said Madan Oberoi, director of cyber innovation and outreach for Interpol. Title: Re: The Bearish News Thread Post by: Dump3er on October 01, 2015, 08:43:32 PM Dont get me wrong, i dont mind a brear thread but it needs to be made by a normal guy... You mean like the bullish threads are made by normal guys? :D I don't care about if this thread is made by NLC or not. I don't even care about the content and read it only superficially. Bullish news, bearish news...it's all about fanboys or haters (sometimes entertainers) with a value and an impact on the price near zero. No, seriously, this thread has at least some value as parody to the bullish news thread. A good laugh is valuable! :D Title: Re: The Bearish News Thread Post by: ahpku on October 01, 2015, 10:55:39 PM From our sister thread:
Virtual ATM LLC has launched the first Bitcoin ATM at the Spice on Wilson restaurant (3033 Wilson Blvd.) in Arlington. How can legacy finance even compete, with a brand-spanking-new 'bitcoin ATM [just installed] at the Spice on Wilson restaurant (3033 Wilson Blvd.) in Arlington.'?!News URL : https://www.arlnow.com/2015/10/01/send-money-securely-using-arlingtons-first-bitcoin-atm/ ATM Industry Association, typically reserved and understated, responds: Who Cares? There Are 3 Million Real ATMs Worldwide! The ATM Industry Association predicted there would be 3 million [real] ATMs across the globe by 2015 and the total number of withdrawals of [real, the sort that grownups use] cash from ATMs globally would rise to above 8.6 billion per year!* ATMIA drew upon these statistics to strengthen a call on governments around the world to maintain their commitment to cash. “It is not just the longevity and continuing popularity of cash which underlie its critical role in society and the economy. It is its nature as a public source of money,” the association wrote in a position paper. “Cash is produced and governed by central banks accountable both to the government’s fiscal policies and systems and to the electorate.” *which is probably more transactions than the whole bitcoin, with its 2.7 sustained TPS, can even handle ever, I wouldn't know tho. --ed. Title: Re: The Bearish News Thread Post by: ahpku on October 01, 2015, 11:34:11 PM SEC Nabs Another Crypto Pyramid Scheme
A California company promoting an 'alternative' digital currency ... has had its assets seized by the US government amid allegations of fraud. "We allege that the defendants' false claims of riches that investors would realize ... never materialized. In reality, as alleged in the complaint, the defendants were operating a fraudulent pyramid scheme that left many investors with nothing.*" *nothing but shame, poverty, broken dreams, crying children (whose future you've gambled away), jeering neighbors, and friends who don't even pretend to feel bad for you anymore, and just laugh and laugh and laugh, that is... Sound familiar? Title: Re: The Bearish News Thread Post by: ahpku on October 02, 2015, 11:46:26 AM Bitcoin Doing Just Fine, Says Bitcoin Brokerage Boss
Quote from: http://www.coindesk.com/press-releases/first-global-credit-ceo-gavin-smith-bitcoins-coming-of-age/ 2014’s drop in bitcoin’s value coupled with lackluster performance in 2015 has given a boost to the currency’s naysayers who state that bitcoin is just not ready for public consumption. Somewhat counterintuitively, First Global Credit’s CEO Gavin Smith says nothing could be further from the truth. Gavinn's sober, objective assessment has nothing whatsoever to do with 'First Global Credit [being] dedicated to creating a capital market for Bitcoins' (https://firstglobalcredit.com/About-First-Global/The-Company) or Gavin's 'bitcoin investment service' (https://www.cryptocoinsnews.com/first-global-credit-launches-bitcoin-investment-service/), which is doing just fine, thanks for asking. Title: Re: The Bearish News Thread Post by: ahpku on October 02, 2015, 12:22:02 PM Bitcoin Unsafe And Not Even Sexy
So says Forbes' personal finance guru, Neale Godfrey. Quote from: http://www.forbes.com/sites/nealegodfrey/2015/09/30/bitcoin-cyberhackers-are-tarnishing-the-sex-appeal/ "As far back as 2012, Bitcoinca [sic] was hacked and received lots of bad press. They promised to repay users in full for their losses, but, according to Investopedia, they never repaid in full. By the way, another hacking took place there just two months after the first incident." Turned on? Me neither. And another thing, “'Mt. Gox confirmed that it faced roughly 150,000 hack attacks every single second. Just one of these attacks made it possible for thieves to make off with 750,000 bitcoin and bring the exchange to its knees,' said Investopedia." How is that sexy? "Also, more recently in 2015, according to CNN Money, 'Cyber thieves have run off with about 19,000 bitcoin ($5.2million) from Bitstamp accounts.'" Not safe, not sexy. QED. Title: Re: The Bearish News Thread Post by: ahpku on October 02, 2015, 12:45:55 PM Bath Salts Enthusiast John McAfee Accepts Bitcoin for Presidential Run
Quote from: http://www.coindesk.com/anti-virus-tycoon-john-mcafee-accepts-bitcoin-for-presidential-run/ John even started a new party, the 'Cyber Party' [ha ha, get it? 'Party!' Like cake and balloons and hookers and bath salts party, get it? --ed] to 'rally against government snooping and bureaucracy.' Bitcoin, of course, being ideal for avoiding intrusive snooping and bureaucracy. McAfee joins fellow notable crazy person Rand Paul, who began accepting the currency for his presidential campaign in April.'Last year, the Federal Elections Commission (FEC) approved the digital currency as an in-kind donation for campaigns and political action committees (PACs). In line with these rules, donations in bitcoin are limited to $2,700 – and require a number of personal details, including the donor's name, address and place of employment.' Title: Re: The Bearish News Thread Post by: ahpku on October 02, 2015, 01:16:41 PM 5 Russian Banks Cyber Attacked in Bitcoin Extortion Plot
Quote from: http://cointelegraph.com/news/115366/5-russian-banks-cyber-attacked-in-bitcoin-extortion-plot Five banks in Russia have undergone a DDoS-attack according to Artyom Sychev, Deputy Director of the General Directorate of Security and Information Protection of Russia’s Central Bank. "To prevent such acts in the future, the attackers are asking to send only 50 BTC to their Bitcoin wallet,” said a representative of the Central Bank. However, Sychev believes that criminals’ plan was to destabilize banks and to start a panic among the customers rather than extort a ransom in bitcoin. Title: Re: The Bearish News Thread Post by: ahpku on October 02, 2015, 03:09:07 PM BTCU.biz (https://btcu.biz/) Teaches Ukrainians About Bitcoin. And Also Usury.
Coin ATM Radar (https://twitter.com/CoinATMRadar/status/648267101384388610) announces 16,000 new Bitcoin-enabled ATMs in the Ukraine. Of those tested, 30% don't work; 100% charge 19.5% premium. (https://www.reddit.com/r/Bitcoin/comments/3mpsyv/weve_just_added_16k_terminals_in_ukraine_to_our/cvko9v1) 'A lingering question is the apparent Title: Re: The Bearish News Thread Post by: ahpku on October 02, 2015, 04:09:54 PM Bitcoin Mini: 21 Inc Computer For The Poor
The Bitcoin Mini team proudly presents the Mini Preorder: an affordable alternative for the frugal Bitcoin enthusiasts unwilling to part with $399.99 for 21 Inc's CLICK!==>>PREORDER TODAY! (http://bitcoinmini.com/mini)<<==CLICK!If all that computer mumbo-jumbo is Greek to you, if downloading RAM and digging for hashes just ain't your cup of tea, this thrifty new Mini offers a set and forget plug and play solution to actively participating in securing the Bitcoin blockchain network with a fully preloaded software stack including an implementation of personal bitcoin API. Still not convinced? No problem! That's just fancy computer speak for 'preorder now and pay only $149, SAVE $100!!! That's on top of the $150 you already saved by going with Mini!'. Title: Re: The Bearish News Thread Post by: ahpku on October 02, 2015, 04:53:29 PM MIT Boffins On Bitcoin: Ain't Happening
The Troubles of “Bitcoin’s PayPal” Show Why the Cryptocurrency Is Not a Good Payment Mechanism 'BitPay’s embarrassing loss of 5,000 Bitcoins worth $1.8 million ... reflects badly on BitPay’s compliance mechanisms. It also adds to the short but very rich history of spectacular Bitcoin thefts (see “Bitcoin’s Rise Constrained by Heists and Lost Fortunes” (http://www.technologyreview.com/news/522411/bitcoins-rise-constrained-by-heists-and-lost-fortunes/)). They suggest that the currency’s design is not well suited to being used like conventional digital payment and money tools. Title: Re: The Bearish News Thread Post by: ahpku on October 02, 2015, 06:12:38 PM Bitcoin Blackmailer Jailed For Failing To Poison Pumpkin Patch
'Michael Young, 53, who served as a military police officer in the British Army, told Lincolnshire grower, David Bowman, 70, that he had selectively poisoned a large number of his pumpkins and demanded £50,000. Young asked for payment in Bitcoins – a form of digital currency favored by criminals (https://bitcointalk.org/index.php?topic=1191177.msg12568094#msg12568094) – and sent instructions on how to set up a Bitcoin account.' Mr. Young's diabolical plan began to unravel when David Bowman, 70, started laughing, mistakenly assuming that Bitcoin (which Young kept calling 'the next world reserve currency') had to be some sort of a twisted practical joke, which it's totally not. Title: Re: The Bearish News Thread Post by: popovicbit on October 02, 2015, 07:46:00 PM Is this SPAM?
Title: Re: The Bearish News Thread Post by: ElectricMucus on October 02, 2015, 08:59:57 PM Normally I wouldn't post ITT but since I don't want to make a thread and the article is so well written (in regards to making the cultists furious when they read it) I'll post it here.
http://www.technologyreview.com/view/541901/the-troubles-of-bitcoins-paypal-show-why-the-cryptocurrency-is-not-a-good-payment/ Quote First, no one much wants to pay with Bitcoin and there’s not currently good reason to think that will change. BitPay’s business model was to help merchants take Bitcoin payments—often converting them directly into dollars—and take a cut of transactions. The company has enabled Microsoft, retailer Newegg, and many other companies accept Bitcoin payments. Unfortunately for BitPay, just about no one gets paid in bitcoins, and for most people there are not clear reasons to bother with the trouble of buying bitcoins just to spend them again. The press shill department down at level 3 should take a note from this guy. Title: Re: The Bearish News Thread Post by: ahpku on October 02, 2015, 10:50:43 PM From our sister thread:
Dutch Central Bank Research Head 'Not Opposed' to Bitcoin News URL : http://www.coindesk.com/dutch-central-bank-research-not-opposed-bitcoin/ *cough* Dutch Bank’s Innovation Chief: Bitcoin Obsolete "We want to prevent bitcoin's poor image reflecting on what we do with the blockchain, its underlying technology. We see many opportunities [in the blockchain]. Bitcoin itself is outmoded." Title: Re: The Bearish News Thread Post by: Hyena on October 02, 2015, 11:09:37 PM OP is a fud.
Title: Re: The Bearish News Thread Post by: ahpku on October 03, 2015, 12:22:46 AM @Hyena: When a mere glimpse of reality thrusts you into the depths of despair, when facts turn cruel and taunt you with promises of unthinkable torments to come, when the air itself starts to congeal into a seething, suffocating miasma of uncertainty and doubt... That's some ugly, serious pathology, Hyena. Probably paranoid schizophrenia. Just spitballing here, I ain't no doc, myself.
Could be something worse... Title: Re: The Bearish News Thread Post by: Enjorlas on October 03, 2015, 06:10:37 AM You are my hero.
Title: Re: The Bearish News Thread Post by: Cconvert2G36 on October 03, 2015, 06:27:12 AM Title: Re: The Bearish News Thread Post by: tokeweed on October 03, 2015, 09:35:45 AM Russian Bear Fed Up With Bitcoin Bullshit Russia's Ministry of Finance has developed a new version of its proposed law that would seek to both outlaw and apply criminal penalties for activities involving digital currencies, according to a report by Russian news source Interfax. Citing sources from within the Russian government, Interfax reports that acquiring, selling and distributing cryptocurrencies would be punishable with fines of 300,000 rubles ($4,574) or through up to 360 hours of correctional labor under the new bill. Should such infractions be committed by an agency or group, the fines for such activities would increase to 500,000 rubles ($7,623). https://i.imgur.com/00B5Jo8.png Title: Re: The Bearish News Thread Post by: Tzupy on October 03, 2015, 09:56:11 AM From this article, quoting:
http://www.coindesk.com/the-cftcs-not-so-hidden-message-traders-beware/ "While simply trading digital currency (like bitcoins) on an exchange does not require CFTC registration, if you give advice to others or otherwise involve yourself in the process of placing the trades of others, you may need to register with the CFTC." Bearish? Title: Re: The Bearish News Thread Post by: ahpku on October 03, 2015, 02:31:57 PM Sure It's Awful, But Is It News?
Well... Here's what our cub reporter, Colin Mortimer, has to say on the matter: 'After analyzing the facts, it becomes apparent that Bitcoin is not destined to grow and mature beyond what it is today. Without a major overhaul of Bitcoin’s system and values, it is naïve to think that there will be widespread adoption.' Quote from: http://dailycampus.com/stories/2015/10/2/why-bitcoin-isnt-the-wave-of-the-future-after-all Mainstream adoption is increasingly unlikely. Bitcoin originated in, and is still most popularly used by, illegal online businesses. Due to the lack of centralization and general anonymity, it is the currency of choice for the online sale of drugs, fake IDs and weapons. Bitcoin played a role in the emergence of the dark net – a “hidden layer” of the Internet whose illegal trades are fueled by the ability for Bitcoin to hide the actions of involved parties. (https://bitcointalk.org/index.php?topic=1191177.msg12568094#msg12568094) Concerns have also been repeatedly raised about its potential use to wire money to terrorist and criminal organizations. Bitcoin’s questionable and dark history gives it a negative reputation. These problems are due to Bitcoin’s lack of centralization, a characteristic that the currency desperately needs to shed if there is to be any chance of widespread adoption. In its current state, no government would adopt Bitcoin as a major currency. It's getting harder and harder to source top-notch Bitcoin reportage, dear Reader; not because nobody cares about bitcoin anymore -- for other reasons. Title: Re: The Bearish News Thread Post by: ahpku on October 03, 2015, 03:17:34 PM Bitcoin [Still] Under Malleability (http://www.coindesk.com/bitcoin-bug-guide-transaction-malleability/) Attack, Claims Coinkite CTO; Urges Caution
'This ... does not put [our customer's] funds at risk.' (http://www.coindesk.com/study-finds-mt-gox-lost-386-bitcoins-due-transaction-malleability/) - Peter, CTO Quote from: https://www.cryptocoinsnews.com/bitcoin-attack-coinkite-reports-malleability-attack-urges-caution/ Transactions have been modified and rebroadcast with new transaction numbers, indicating a malleability attack. The attacks have occurred over the last 24 to 48 hours. Almost all transactions on the network have suffered the attacks. Title: Re: The Bearish News Thread Post by: Hyena on October 03, 2015, 06:12:17 PM Someone call the CEO of Bitcoin and ask why all those bearish news lately.
Title: Re: The Bearish News Thread Post by: ahpku on October 03, 2015, 06:48:33 PM Someone call the CEO of Bitcoin and ask why all those bearish news lately. After blowing through all teh doh and some high-profile resignations,[1][2][3][4] the Bitcoin Foundation is effectively bankrupt (http://cointelegraph.com/news/113873/bitcoin-foundation-is-effectively-bankrupt). Who's left to call, Hyena? :(1. "Effective immediately, Mark Karpeles has submitted his resignation from the board of directors." (https://www.cryptocoinsnews.com/breaking-mark-karpeles-resigns-bitcoin-foundation/) 2. "I can no longer have even the smallest association with the Bitcoin Foundation"--Andreas M. Antonopoulos (https://www.cryptocoinsnews.com/breaking-mark-karpeles-resigns-bitcoin-foundation/) 3. "I am guilty of nothing and have never been convicted, or even charged, with a crime."--Brock Pierce (https://www.cryptocoinsnews.com/andreas-antonopoulos-leaves-bitcoin-foundation-complete-lack-transparency/) 4. "I resigned within 2 hours of returning home from prison."--Charlie Shrem, back in prison (https://www.cryptocoinsnews.com/andreas-antonopoulos-leaves-bitcoin-foundation-complete-lack-transparency/) Title: Re: The Bearish News Thread Post by: ElectricMucus on October 03, 2015, 07:48:47 PM Someone call the CEO of Bitcoin and ask why all those bearish news lately. Hey, Bruce "Bruce Fenton" Fenton why all those bearish news lately? Title: Re: The Bearish News Thread Post by: chennan on October 03, 2015, 07:58:01 PM Russian Bear Fed Up With Bitcoin Bullshit Russia's Ministry of Finance has developed a new version of its proposed law that would seek to both outlaw and apply criminal penalties for activities involving digital currencies, according to a report by Russian news source Interfax. Citing sources from within the Russian government, Interfax reports that acquiring, selling and distributing cryptocurrencies would be punishable with fines of 300,000 rubles ($4,574) or through up to 360 hours of correctional labor under the new bill. Should such infractions be committed by an agency or group, the fines for such activities would increase to 500,000 rubles ($7,623). https://i.imgur.com/00B5Jo8.png Dude... you've literally posted that damn picture in every single thread. How many places have you posted that thing? 10? 15? Title: Re: The Bearish News Thread Post by: ahpku on October 03, 2015, 10:39:37 PM Die, Bankster, Die!
"Banks won't even help us drive them out of business! It's like they don't even care how we feel! They act like they don't owe us nothing, which they totally do!"--Australian bitcoiner who, predictably, requested to remain anonymous [the coward that he is --ed]. Australia’s banks have ended all financial support and abruptly closed down the bank accounts of at least 17 Australian Bitcoin companies, including Australian Digital Currency Criminal Association Chairman Ron Tucker's. The ADCCA strongly believes that the banks owe an explanation and a clear justification behind the “debanking” of the companies. Currently, all Australian major banks have terminated banking support for Bitcoin companies. “Our members have said the banks have been remarkably unwilling to provide explanations for ceasing to provide services for ADCCA members. Our members, some of whom may end up being partners with or competitors to the banks in the future, are currently at the mercy of established financial institutions. At the very least I think our members are owed an honest explanation of why they are being debanked,” Tucker said. Perhaps this might shed some light on the matter? Bitcoin Criminals Target Australian Financial Sector Banks Respond: GTFO Scumbags! Quote from: http://insidebitcoins.com/news/bitcoin-criminals-target-australian-financial-sector/35055 Australian executives in the traditional finance are starting to get a bad taste in their mouths concerning Bitcoin. It seems that cyber-attacks involving digital currency ransoms are on the rise in the Aussie region, and banks are taking them seriously. On September 21, 2015, Australian banks sent letters to 17 native Bitcoin companies explaining that they would be terminating the companies’ bank accounts. The news came unexpectedly, and the banks gave no reasoning to why they sent these letters. We now know. Title: Re: The Bearish News Thread Post by: ahpku on October 04, 2015, 01:29:05 AM From our bullish sister thread:
News URL : http://bitcoinist.net/bitcoin-superior-cashless-systems-used-today/ Uh huh...TL;DR: Bitcoin businesses [buzzword filler] offer high-tech security far superior to the traditional banking methods of today. Bitcoin payments processor BitPay Inc. is the latest victim in a series of massive hacking scandals that have rocked the cryptocurrency community. The Atlanta-based Bitpay was hacked on three separate occasions in December of 2014. More than 5,000 bitcoins were stolen. Subsequent to this, BitPay sent a claim to its insurer Massachusetts Bay Insurance Company, and the latter declined to pay. The matter is now in court. How did these criminal fiends bypass BitPay's 'high-tech security far superior to the traditional banking methods of today'? Well, by offering CTO some concert tickets, and, subsequently, by asking the CEO to send them millions via email. -Hello, CEO? It's me, CTO! Listen, need you to send some coin to this addy double quick, no time to explain! -No prob, CTO, you're a standup guy, how much, bro? -A million dollars. -A million dollars?! -What? It's not for me, it's for a client. -Dunno, CTO, seems like alotta money... -OK ok, how about 500K and we'll take it from there? Just hurry up, K? *cough* Title: Re: The Bearish News Thread Post by: tokeweed on October 04, 2015, 02:36:09 AM Someone call the CEO of Bitcoin and ask why all those bearish news lately. lol'd Title: Re: The Bearish News Thread Post by: ahpku on October 04, 2015, 03:10:26 PM Before The Fiddlers Have Fled: CCN is Looking for a New Strategic Owner (https://www.cryptocoinsnews.com/ccn-is-looking-for-a-new-strategic-owner/)
After two years in the trenches, the leading cryptocurrency news outlet CryptoCoinsNews is searching for With the current strategic owner unavailable for comment, your intrepid reporter ahpku, unschooled in the ways of high finance, sets out to learn just WTF a 'strategic owner' is. Do you know, dear Reader? I bet you don't! What if you're an SBO and don't even know it? Many people are, you know! Take this exciting quiz & find out! Quiz provided courtesy of The Growth CoachⓇ Driving Success. Balancing Life™ (http://www.thegrowthcoachhouston.com/becoming-a-strategic-business-owner-dos-and-donts/) Strategic Business Owners do: (answer 1 for yes, 2 for no; add your answer to the previous sum, you may use pencil and paper.)
Answer [SPOILER, NO PEEKING!]: If your answered 33, you may be an SBO! There's also a chance that you're not, and simply got a few of the answers wrong, because that would do it too. Or you can't do basic math amd just messed up on addition, who knows? The point I'm trying to make here is if you didn't answer 33, you're not an SBO, and CCN ain't for you. Or maybe it is, but not because you're an SBO. Now that I think about it, there must've been a better, terser way of saying this thing that I was trying to... Anyhow, 33 is the correct answer, and all other answers are wrong. Also: absolutely nothing happening in bitcoinosphere, nothing. Might as well try to improve your quiz score. Title: Re: The Bearish News Thread Post by: ahpku on October 05, 2015, 12:27:40 AM From our sister thread:
News URL : https://www.reddit.com/r/Bitcoin/comments/3ni092/how_bitcoin_could_save_the_web/ How Bitcoin could save the web [With 21 Inc Bitcoin computer], micropayments become possible. Perhaps this will be the saviour of the ad-supported web. ... Perhaps that 2 cent micropayment actually costs 3 cents in electricity...would you care or even notice? Entertaining the goofy premise that 'ad-supported web' ain't working just fine and somehow needs to be saved: If 21 gizmo preforms as advertised, it will mine $0.105 per day. A dime's worth of micropayments per diem ain't nothin' to sneeze at ...or is it? Sending that dime you've spent a day mining ain't free -- the tx fee, remember? Find out more about 21 Inc Disruptive Device (https://www.cryptocoinsnews.com/21-bitcoin-computer-wont-future-micro-payments/) at CNN, a leading cryptocurrency news source (which is also for sale). (https://www.cryptocoinsnews.com/ccn-is-looking-for-a-new-strategic-owner/) Title: Re: The Bearish News Thread Post by: Chef Ramsay on October 05, 2015, 05:33:58 AM Title: Re: The Bearish News Thread Post by: ahpku on October 05, 2015, 11:54:05 AM Federal Investigations of Cryptsy Underway
Multiple agencies, including the Securities and Exchange Commission, the Internal Revenue Service, and the Criminal Investigation Division of the Internal Revenue Service, among others, learn of yet another cryptocurrency exchange (https://en.wikipedia.org/wiki/Money_laundering) engaging in 'failure to report gains appropriately, market manipulation, the sale of unlicensed securities, money laundering, and more." Belize-registered (https://en.wikipedia.org/wiki/Tax_noncompliance) Cryptsy Internationa (https://www.cryptsy.com/pages/about)l, managed by Project Investors, Inc out of Suite 101 Delray Beach, FL, purports to focus on the 'exchange of Crypto-Currency (https://en.wikipedia.org/wiki/Money_laundering) commonly known as “BitCoin” (https://bitcointalk.org/index.php?topic=1191177.msg12568094#msg12568094) and it's [sic] derivatives' [the other 200 'different types of crypto-currency' traded by Cryptsy --ed]. Title: Re: The Bearish News Thread Post by: worhiper_-_ on October 05, 2015, 12:05:31 PM Used a bitcoin ATM for first time. Was longest, most invasive, and ultimately failed experience ever.
https://www.reddit.com/r/Bitcoin/comments/3nj2zb/used_a_bitcoin_atm_for_first_time_was_longest/ Some shady bitcoin operators are demanding users to input too much personal info according to this poster. Maybe ATM installations aren't the best way to increase adoption. Title: Re: The Bearish News Thread Post by: ahpku on October 05, 2015, 12:54:48 PM Australian Banks Boot 'Bitcoin Business' (https://bitcointalk.org/index.php?topic=1191177.msg12562265#msg12562265); [Real] Businesses Ditch Bitcoin
Quote from: https://www.cryptocoinsnews.com/australian-businesses-ditch-bitcoin-banks-act-bitcoin-exchanges/ "The development is a blow to bitcoin’s chances of becoming a mainstream currency (https://en.wikipedia.org/wiki/0_%28number%29) since Australia was considered one of its most promising bitcoin markets. Australia is estimated to hold 7 percent of bitcoin’s $3.5 billion global value, a sizeable figure in a country of just 24 million people." Title: Re: The Bearish News Thread Post by: ahpku on October 05, 2015, 01:20:22 PM Ukraine's National Bank Issues Bitcoin Warning
"Ukraine's National Bank has warned against the associated risks that come with digital currencies such as bitcoin. A statement from the bank ... said it should not be held liable for any losses incurred by consumers using digital currencies (https://en.wikipedia.org/wiki/Beanie_Babies) to settle transactions. Instead, it urged banks, consumers and payment organisations to use approved payment systems [i.e. 'real money' --ed] that guarantee consumer protection." Title: Re: The Bearish News Thread Post by: ahpku on October 05, 2015, 02:59:45 PM Twisted Math Teacher Tries To Lure Tykes Into Bitcoin
Sick predator offers children $5 in bitcoin [to hook 'em on Dark Web drugs, no doubt --ed] Kids too smart; fiend finds no takers. Then he tries to cover his tracks, the monster, deletes everything. Quote Bitcoin in the classroom (follow up) (self.Bitcoin) satoshi_pokemoto 2 points 9 hours ago submitted 23 hours ago by [deleted] [deleted] How would the kid convert it back to real money? He'd need parental help for that and if his parents were anything like mine, they'd kick his ass for getting involved in shady shit. SealsEvolutionary2 4 points 10 hours ago You should be fired as a teacher for pushing your ideology during a math class. Waste of taxpayer money. Title: Re: The Bearish News Thread Post by: ahpku on October 05, 2015, 04:29:42 PM IBM Cooking Up Crypto 2.0 From Bitcoin's Good Bits
'You know how you buy bitcoin with money, then look for a merchant who accepts bitcoin, who, in turn, has to sell that bitcoin to get real money? Now imagine not having to do that' explained a source who declined to be identified due to lack of authorization to discuss the project in public. News of serious blockchain research by a major corporation met with a lukewarm welcome from the bitcoin community (https://www.cryptocoinsnews.com/ibm-federal-reserve-want-create-bitcoin-knock-off/). "When somebody wants to transact in the system, instead of you trying to acquire a bitcoin, you simply say, here are some U.S. dollars," the source said. "It's sort of a bitcoin but without the bitcoin (https://en.wikipedia.org/wiki/Crime)." Title: Re: The Bearish News Thread Post by: ahpku on October 05, 2015, 05:36:56 PM US Government to Sell 44,000 BTC in Final Silk Road Auction
The US Marshals Service (USMS) has announced it will sell 44,341 BTC, worth approximately $10.6m at press time [but not for long --ed], in an online auction due to take place on 5th November. Title: Re: The Bearish News Thread Post by: toinew on October 06, 2015, 11:58:24 AM Hey Bulltards, read this thread if you dont wanna end up like the one who sold his house for bitcoin at 600$
You'll thank me and OP later, for now, see you. ps: no fud intended Title: Re: The Bearish News Thread Post by: ahpku on October 06, 2015, 01:32:18 PM Europol and Interpol Partner to Fight Digital Currency
Bitcoin crooks cower as merciless chokehold of justice tightens around crypto's scrawny neck. "According to a statement from Europol, the partnership will see coordination 'against the abuse of virtual currencies for criminal transactions and money laundering'." Title: Re: The Bearish News Thread Post by: ahpku on October 06, 2015, 03:29:58 PM 21 Inc Pledges Support to Bitcoin's Vanishing Nodes
As the number of full nodes continues to dwindle (12% fewer than this time last year), 21 Inc promises to pay its customers a little something extra in perpetuum; sweetening the [already alluring] prospect of mining $0.105/day with the company's $399.99 Raspberry Pi. "As a generalization of the Bitnodes incentive scheme, you will be mining more bitcoin on a 21 Bitcoin Computer if you run it in full node mode. Think of this as the extra BTC that you earn for being a good member of the Bitcoin community." 21 Inc takes up the torch from the Bitcoin Foundation, which chose not to continue its node sponsorship due to "budget and focus considerations" (http://www.urbandictionary.com/define.php?term=hookers+and+blow&defid=5314715).Title: Re: The Bearish News Thread Post by: ahpku on October 06, 2015, 04:58:01 PM Aussie Business: Bamboozled By Bitcoin
More retailers abandon bitcoin amidst accusations of empty promises, soiled reputations and nonexistent sales. Grant Fairweather, owner of the Metropolitan Hotel in Sydney, said he started accepting bitcoin when a group of digital currency fans (https://en.wikipedia.org/wiki/Organized_crime) chose his pub as their regular meeting venue (http://www.merriam-webster.com/dictionary/breeding%20ground). "They tell me that it's doing quite well, but that doesn't transpose into here," said Fairweather, who sells about A$100 ($70) worth of drinks via bitcoin from the meetings and does no other bitcoin trade. An online clothing retailer told Reuters she had made no bitcoin sales since introducing the service in 2013 and asked not to be named, saying "since bitcoin's going out anyway, we'd rather not throw our name back into it". Title: Re: The Bearish News Thread Post by: ahpku on October 07, 2015, 12:49:46 PM 73% of Finance Pros Think Blockchain Tech Can Thrive Without Bitcoin
Quote from: http://www.coindesk.com/73-of-finance-pros-think-the-blockchain-can-thrive-without-bitcoin/ "Nearly three-quarters of participants in the [study] believe the blockchain can be put to good use without bitcoin. This result doesn’t scream controversial. But while capital markets professionals (who make up most of our sample) are convinced, those with backgrounds in bitcoin and the blockchain (https://en.wikipedia.org/wiki/Bagholder) are not." Title: Re: The Bearish News Thread Post by: ahpku on October 07, 2015, 01:42:58 PM BitPay Creates Another Bitcoin POS Solution
BitPay, a firm best known for its inovative OPSEC protocol (https://bitcointalk.org/index.php?topic=1191177.msg12594892#msg12594892), has partnered with Ingenico* "to allow brick and mortar stores to accept bitcoin via its point-of-sale (POS) terminals." Quote from: http://www.coindesk.com/point-of-sale-giant-ingenico-rolls-out-worldwide-bitcoin-payments/ While Ingenico is currently partnered with Paymium, thus already availing retailers the option of accepting bitcoin payments, credible sources claim this game-changing POS partnership is sure to prove disruptive to legacy brick-and-mortar paymentscape. "The ICT250 POS [no, not "Piece Of Sh*t," wiseass. "Point Of Sale." --ed] now presents BitPay's executive chairman Tony Gallipi's email address, prompting the user to email Tony and ask him for a million dollars (https://bitcointalk.org/index.php?topic=1191177.msg12528857#msg12528857)," a source close to the project said. "While not, technically, a purchase," continued our source, "which would you rather have, some stupid hat you'd probably only wear once and lose, or a million dollars? That's what makes bitcoin so cool, you never know what you'll get!" *French payments giant with no apparent ties to that other notable Frenchman, Mark Karpeles Title: Re: The Bearish News Thread Post by: ahpku on October 07, 2015, 02:36:03 PM Bitcoin Doesn’t Make Remittances Cheaper
Claims cryptonight after parting ways with top Bitcoin remittance startup Rebit.ph. "Some of the industry has woken up to this already, and although Reddit continues to salivate over crypto-money-transfer, it’s hard to argue with the numbers actually generated by real-world use." Who'da thunk.Title: Re: The Bearish News Thread Post by: Oblodo on October 07, 2015, 02:41:42 PM Hey Bulltards, read this thread if you dont wanna end up like the one who sold his house for bitcoin at 600$ You'll thank me and OP later, for now, see you. ps: no fud intended Why do you fudsters keep posting in this forum? Why not make your own? Wehatebitcoin.com or weliketotrollbtc.org. I think weworkforbigbanksandtrytogetbtctofail.com is available also. When I read you guys post, I always think " cui bono ".... Title: Re: The Bearish News Thread Post by: ahpku on October 07, 2015, 03:01:10 PM When I read you guys post, I always think " cui bono ".... You do, my paranoid friend. This thread was started to educate, to offer an alternative to the sugary pablum you're fed elsewhere on this forum. (https://bitcointalk.org/index.php?topic=1166428.0) Enjoy! :) Title: Re: The Bearish News Thread Post by: ahpku on October 07, 2015, 03:11:51 PM If 1% of Starbucks drinkers simply knew about FoldApp.com, Bitcoin would take over the world!
So says bitcoin entrepreneur Erik Voorhees (http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370541972520), sparking a lively discussion on /r/bitcoin. Quote from: https://www.reddit.com/r/Bitcoin/comments/3ns68e/erik_voorhees_if_1_of_starbucks_drinkers_simply/ smidge 25 points 7 hours ago ELI5 Where does the discount come from, i.e. who pays for it and how can everyone still make a profit although another player is added to the value chain? rezzme 19 points 5 hours ago Unused gift card market. Gift card sellers sell a card at a loss. mommathecat 3 points 34 minutes ago Nope. Fraud. The Starbucks app is rife with fraud. http://money.cnn.com/2015/05/13/technology/hackers-starbucks-app/ http://qz.com/404746/hackers-have-been-using-the-starbucks-app-to-steal-money-from-latte-drinkers/ 20% discount from people who got a Starbucks gift card they didn't want? Right. Title: Re: The Bearish News Thread Post by: Oblodo on October 07, 2015, 03:20:29 PM When I read you guys post, I always think " cui bono ".... You do, my paranoid friend. This thread was started to educate, to offer an alternative to the sugary pablum you're fed elsewhere on this forum. (https://bitcointalk.org/index.php?topic=1166428.0) Enjoy! :) Newbie account... Sociopathic language... If it walks like a duck...... Just leave us idiots alone, let us be poor and disillusioned. Why do you use so much energy? Why post? Who is paying you? Because if you do not get paid, I think you must be mad like a hatter... If you have such a boring life, why not post in some Scientology forum? Operation Clam Bake need donkeys like you... Title: Re: The Bearish News Thread Post by: ElectricMucus on October 07, 2015, 03:45:34 PM Laughing is it's own reward.
Title: Re: The Bearish News Thread Post by: ahpku on October 07, 2015, 04:14:36 PM When I read you guys post, I always think " cui bono ".... You do, my paranoid friend. This thread was started to educate, to offer an alternative to the sugary pablum you're fed elsewhere on this forum. (https://bitcointalk.org/index.php?topic=1166428.0) Enjoy! :) Newbie account... Quote Sociopathic language... If it walks like a duck...... Just leave us idiots alone, let us be poor and disillusioned. Protip: Not clicking on this thread will allow you to not read it. Remaining deluded and not facing unpleasant reality is but a non-click away.See? I teach, you learn. Kicking and screaming, but learn nonetheless. Don't you? Quote Why do you use so much energy? Telling the truth is pleasant and effortless :)Quote Why post? ... to educate, to offer an alternative to the sugary pablum you're fed elsewhere on this forum. (https://bitcointalk.org/index.php?topic=1166428.0) Enjoy! :) Quote Who is paying you? Why, you're not paranoid at all! Do accept my apologies.Quote Because if you do not get paid, I think you must be mad like a hatter... If you have such a boring life, why not post in some Scientology forum? Nowhere nearly as funny or deluded, also not as adept at duping new converts into their cult.Quote Operation Clam Bake need donkeys like you... *ClambakeIf you have any further questions, don't hesitate to ask. Title: Re: The Bearish News Thread Post by: Oblodo on October 07, 2015, 04:22:35 PM So ignore it is then. Enjoy your trolling. I see you get a boner out of it. You must love to provoke.
Title: Re: The Bearish News Thread Post by: Hyena on October 07, 2015, 06:12:09 PM Newbie account... Sociopathic language... If it walks like a duck...... are you implying that OP is the legendary duckfucker who sold at 10$ ? Title: Re: The Bearish News Thread Post by: Fakhoury on October 07, 2015, 11:02:44 PM You know what ahpku a.k.a. Lambie, I like the feeling that I'm really a huge pain in your a**.
And believe me, your thread, for me and others, makes us having more and more fate in bitcoin. Your a loser in a losing war against US. Keep doing your best and inject this thread with FUD, believe me, you have 0% effect, loser ;) Title: Re: The Bearish News Thread Post by: ahpku on October 08, 2015, 12:35:32 AM Dear Friend! (https://en.wikipedia.org/wiki/Faggot_%28slang%29)
I'm sorry you've failed to eke out a living by peddling warez (https://bitcointalk.org/index.php?action=trust;u=357170). Not everyone is bright enough 4 a life of krimez, Fakhoury (https://en.wikipedia.org/wiki/Faggot_%28slang%29). Not even for the petty thievery you've managed to fail at, apparently. I'm equally sorry that no signature campaign will now allow you to spam up the forum for monyz (https://bitcointalk.org/index.php?action=trust;u=357170), as they allow your equally illiterate tho better behaved friends. No one wants to be associated with failure. But shitting up other people's threads is not the answer, Fakhoury! (https://en.wikipedia.org/wiki/Faggot_%28slang%29) Do get your embarrasing self out of my thread & back to posting pictures of articles in yours. ty Title: Re: The Bearish News Thread Post by: ahpku on October 08, 2015, 12:42:02 PM Russian Bro Breaks Bitcoin
A quicky malleability attack script running on a single virtual machine grinds tx confirm rate to a virtual halt. Laughter ensues. Quote from: http://motherboard.vice.com/read/i-broke-bitcoin "The attack has cost him nothing, [Russian Anon using the pseudonym Alister] Maclin claimed, and he told me it only took him a couple of hours to write the 100 or so lines of code for the script. It’s a devious and effective tactic, and it’s not the first time someone has exploited it. But why do this at all? After asking if I’d read Jack London’s 1904 novel about a brutal and amoral sea captain, The Sea-Wolf, Maclin wrote, “We do everything for living. For feeding our wifes and children.” He assured me he’s not in it for profit, though—this time. Instead, Maclin wrote that he has serious gripes with Bitcoin, centering around well-documented concerns over the ridiculous amount of energy the Bitcoin network consumes. “The main thing is that bitcoin network spends much more resources (electricity, hardware, human efforts) per transaction than current centralized systems,” Maclin wrote. “Bitcoin exists now, because of bubble-ponzi scheme.”" Antifragile! Title: Re: The Bearish News Thread Post by: ahpku on October 08, 2015, 01:47:48 PM Good news Everyone!
Much awaited Gemini exchange goes online. Zero f8cks given. Lol. Nothing happens, shocker. No bids, no sells, no trades. Also such a bad move to not have a public ticker, AND don't allow non-US people to even create an account and watch the orderbook. I'm looking at this one (https://cryptowat.ch/gemini/btcusd/5min), but I'm not sure if that's even accurate. If it is, that's pretty sad man, because that means literally no-one is biting. Title: Re: The Bearish News Thread Post by: Dilla on October 08, 2015, 01:53:24 PM Good news Everyone! Much awaited Gemini exchange goes online. Zero f8cks given. Lol. Nothing happens, shocker. No bids, no sells, no trades. Also such a bad move to not have a public ticker, AND don't allow non-US people to even create an account and watch the orderbook. I'm looking at this one (https://cryptowat.ch/gemini/btcusd/5min), but I'm not sure if that's even accurate. If it is, that's pretty sad man, because that means literally no-one is biting. 10 min delay on the ticker, and it's been only 20ish mins. Bids are building up, wait and see. Title: Re: The Bearish News Thread Post by: ahpku on October 08, 2015, 02:00:57 PM ... Bids are building up, wait and see. Nothing to see here, citizen. Business as usual, hopes shattered. Move along. Title: Re: The Bearish News Thread Post by: Darkbot on October 08, 2015, 03:23:09 PM ... Bids are building up, wait and see. Nothing to see here, citizen. Business as usual, hopes shattered. Move along. youre pessimism is not a way to excuse youreself... :-\ Title: Re: The Bearish News Thread Post by: ahpku on October 08, 2015, 03:32:58 PM ... Bids are building up, wait and see. Nothing to see here, citizen. Business as usual, hopes shattered. Move along. youre pessimism is not a way to excuse youreself... :-\ Not pessimism, my friend, and no attempt at apologia. Just bringing you up to speed, pointing out what's already clear to all but the most deluded :) Title: Re: The Bearish News Thread Post by: talks_cheep on October 08, 2015, 04:29:13 PM ^^^^^^^^^^^^^^^
TL;DR "Just bringing you up to speed, pointing out what's already clear to all but the most deluded" This is the single most succint observational statement I have seen on the forum. Kudos. Title: Re: The Bearish News Thread Post by: Fakhoury on October 08, 2015, 11:07:25 PM Dear Friend! (https://en.wikipedia.org/wiki/Faggot_%28slang%29) I'm sorry you've failed to eke out a living by peddling warez (https://bitcointalk.org/index.php?action=trust;u=357170). Not everyone is bright enough 4 a life of krimez, Fakhoury (https://en.wikipedia.org/wiki/Faggot_%28slang%29). Not even for the petty thievery you've managed to fail at, apparently. I'm equally sorry that no signature campaign will now allow you to spam up the forum for monyz (https://bitcointalk.org/index.php?action=trust;u=357170), as they allow your equally illiterate tho better behaved friends. No one wants to be associated with failure. But shitting up other people's threads is not the answer, Fakhoury! (https://en.wikipedia.org/wiki/Faggot_%28slang%29) Do get your embarrasing self out of my thread & back to posting pictures of articles in yours. ty Dear Brother (http://bfy.tw/2CDY) You've to understand something, no one earth can give me orders !! You are just a useless shit, my advice to you is to enjoy the show (http://bfy.tw/2CDf). And again, you've 0% effect, loser (http://bfy.tw/2CDj). Title: Re: The Bearish News Thread Post by: ahpku on October 09, 2015, 01:38:59 AM You've to understand something, no one earth can give me orders !! Fakhoury<3 So wild... so free! https://s-media-cache-ak0.pinimg.com/736x/e2/55/9a/e2559a284808cd5cc3b9c6d11600f35d.jpg Title: Re: The Bearish News Thread Post by: Fakhoury on October 09, 2015, 01:57:21 AM You've to understand something, no one earth can give me orders !! Fakhoury<3 So wild... so free! https://s-media-cache-ak0.pinimg.com/736x/e2/55/9a/e2559a284808cd5cc3b9c6d11600f35d.jpg As you said, I'm free. Not a useless piece of garbage who gave my mind to banksters, loser ;) Enjoy the show Ms. Loser ;) Title: Re: The Bearish News Thread Post by: toinew on October 09, 2015, 02:00:26 AM this forum is called bitcointalk, not "welovebitcoin" or "bullishbitcoin"
Therefore a bearish news thread is totally legit You should be thankful to op who takes effort to sum up the bearish news, as a good counterpart to the bullish news thread. So stop attacking OP and if you want to see only bullish news, don't open this thread. Title: Re: The Bearish News Thread Post by: Fakhoury on October 09, 2015, 04:49:54 AM this forum is called bitcointalk, not "welovebitcoin" or "bullishbitcoin" Therefore a bearish news thread is totally legit You should be thankful to op who takes effort to sum up the bearish news, as a good counterpart to the bullish news thread. So stop attacking OP and if you want to see only bullish news, don't open this thread. Shut up, sock puppet ;) Title: Re: The Bearish News Thread Post by: Enjorlas on October 09, 2015, 05:00:34 AM I made a reasonable post in Fakhoury's bullish thread and he deleted it. He attempts to shut up anyone who challenges his perfect little fantasy world that he constructs around himself.
Title: Re: The Bearish News Thread Post by: Hyena on October 09, 2015, 07:04:52 AM This thread is over.
Title: Re: The Bearish News Thread Post by: toinew on October 09, 2015, 08:11:07 AM this forum is called bitcointalk, not "welovebitcoin" or "bullishbitcoin" Therefore a bearish news thread is totally legit You should be thankful to op who takes effort to sum up the bearish news, as a good counterpart to the bullish news thread. So stop attacking OP and if you want to see only bullish news, don't open this thread. Shut up, sock puppet ;) People can see the level of your arguments ;D : 0 you're way of thinking is not interesting, you only see the positive side and want to be blind about the bad sides. Why would you come in this thread in the first place, you want to dictate what people can see in this forum ? You are not the forum admin as i can know, so you'd better quiet down here. Title: Re: The Bearish News Thread Post by: Fakhoury on October 09, 2015, 11:32:08 AM I made a reasonable post in Fakhoury's bullish thread and he deleted it. He attempts to shut up anyone who challenges his perfect little fantasy world that he constructs around himself. I deleted it because this is not a place to debate in. Plus, this thread is made to spread FUD and misleading info. about Bitcoin. And regarding my world as you said, I'm not authoring my own news, I bring them from other sources. Maybe you are blind or can't see bitcoin sucess, but I can and foresee as well. Title: Re: The Bearish News Thread Post by: Fakhoury on October 09, 2015, 11:33:35 AM this forum is called bitcointalk, not "welovebitcoin" or "bullishbitcoin" Therefore a bearish news thread is totally legit You should be thankful to op who takes effort to sum up the bearish news, as a good counterpart to the bullish news thread. So stop attacking OP and if you want to see only bullish news, don't open this thread. Shut up, sock puppet ;) People can see the level of your arguments ;D : 0 you're way of thinking is not interesting, you only see the positive side and want to be blind about the bad sides. Why would you come in this thread in the first place, you want to dictate what people can see in this forum ? You are not the forum admin as i can know, so you'd better quiet down here. My above reply goes here as well. Read it and educate yourself ;) Title: Re: The Bearish News Thread Post by: toinew on October 09, 2015, 11:50:24 AM if the info is false and misleading could you provide the evidences instead of criticizing the poster ?
Besides, if there was only a bullish news thread, that would look like propaganda forum. Also i think OP should keep this thread clean and only keep the news posts (deleting my messages also) Title: Re: The Bearish News Thread Post by: talks_cheep on October 09, 2015, 12:29:46 PM @fakhouri, don't come in someone else's thread and shit on it. Don't be a troll.
Also, fakhouri delelted my post on his "bullshit news" thread because what I wrote didn't jive with his worldview on bitcoin. Have some respect for opposing views. Title: Re: The Bearish News Thread Post by: Darkbot on October 09, 2015, 01:13:04 PM Nothing to see here, citizen. Business as usual, hopes shattered. youre pessimism is not a way to excuse youreself... :-\Move along. Not pessimism, my friend, and no attempt at apologia. Just bringing you up to speed, pointing out what's already clear to all but the most deluded :) Deluded with schizophrenia isn't a excuse either :-* Ahpku and Talks_Cheap having both a delusional disorder experience, non-bizarre delusions, which involve situations that could occur in real life, such as being followed, poisoned, deceived, conspired against, or failed from a distance. These delusions usually involve the misinterpretation of perceptions or experiences. In reality he failed in real life, no job, no partner, no succes in Bitcoin trading just a ordinair troll with hundreds of sock-puppets. Title: Re: The Bearish News Thread Post by: AbEQ5e on October 09, 2015, 01:21:13 PM The Gemini Twins on Fox Business.
https://www.reddit.com/r/Bitcoin/comments/3o1dle/the_gemini_twins_on_fox_business/ [–]Business_Jesus: Am I high or has there only been 8 BTC worth of trading all day? Is this considered a successful launch? What the fuck [–]ysangkok: what is a succesful launch anyway? what is there to gain by being there on the first day? if it was not a succesful launch, would they say so? of course not. ... This screenshot of their order book was posted by someone in the Bitcoin discussion board. http://theweeklyrewind.com/orderbook.png It's showing more orders than bitcoinity because bitcoinity's default setting is to group all consecutive trades at the same price into one entry. Would be interesting to know which of those bids is from the major institutional investors i keep hearing about ::) wall street money pouring in. Yup, currently 3.2 thousand dollars bids at Gemini, this looks sooo bullish... ;D The bid sum / ask sum ratio is about 20$, might be an insight into the future of bitcoin... ::) Title: Re: The Bearish News Thread Post by: Fakhoury on October 09, 2015, 03:09:47 PM if the info is false and misleading could you provide the evidences instead of criticizing the poster ? Besides, if there was only a bullish news thread, that would look like propaganda forum. Also i think OP should keep this thread clean and only keep the news posts (deleting my messages also) Dude, I won't enter a debate and correct false info. for your sake. When you research and have more expreience in Bitcoin ecosystem, you will know that this thread is just a piece of garbage and BS. Title: Re: The Bearish News Thread Post by: Fakhoury on October 09, 2015, 03:11:43 PM @fakhouri, don't come in someone else's thread and shit on it. Don't be a troll. Also, fakhouri delelted my post on his "bullshit news" thread because what I wrote didn't jive with his worldview on bitcoin. Have some respect for opposing views. Looool, you tell me what to do and what not, what a loser you are. If my news are BS news, then all the news here and the people participating in it are useless shit and losers with no life, just like you Ms. Sock-puppet :P Title: Re: The Bearish News Thread Post by: Hyena on October 09, 2015, 04:03:53 PM OP you little bitch, stop interpreting bullish news as bearish. I will tolerate only obviously bearish news in this topic.
Title: Re: The Bearish News Thread Post by: ahpku on October 09, 2015, 04:15:22 PM if the info is false and misleading could you provide the evidences instead of criticizing the poster ? Besides, if there was only a bullish news thread, that would look like propaganda forum. Also i think OP should keep this thread clean and only keep the news posts (deleting my messages also) Thread's doing fine :) Doing what it set out to do--delivering news while shedding some light on what 'bitcointalk community' has become--paranoid, angry, illiterate petty crooks and pathetic pitchmen, desperately trying to outcon each other in what amounts to an incubator of everything rotten--gambling, worthless 'securities', Ponzis, petty theft... this veritable Petri dish of fail and AIDS, this cesspool of groupthink, cronyism & unabashed censorship known as bitcointalk. I believe in free speech, thus, unlike the 'Bullish News' sister thread, this one is not self-moderated. I can not delete posts, yours or anyone's; only bitcointalk moderators can. That said, I had a posts deleted for 'bumping' (https://bitcointalk.org/index.php?topic=1203661.0), while shit posted by thieving assburgers (https://bitcointalk.org/index.php?action=profile;u=357170) attacking me stays up. Title: Re: The Bearish News Thread Post by: Fakhoury on October 09, 2015, 04:19:35 PM if the info is false and misleading could you provide the evidences instead of criticizing the poster ? Besides, if there was only a bullish news thread, that would look like propaganda forum. Also i think OP should keep this thread clean and only keep the news posts (deleting my messages also) Thread's doing fine :) Doing what it set out to do--delivering news while shedding some light on what 'bitcointalk community' has become--paranoid, angry, illiterate petty crooks and pathetic pitchmen, trying to outcon each other in, what amounts to an incubator of everything rotten--gambling, worthless 'securities', Ponzis, petty theft... this veritable Petri dish of fail and AIDS, this cesspool of groupthink, cronyism & unabashed censorship known as bitcointalk. I believe in free speech, thus, unlike the 'Bullish News' sister thread, this one is not self-moderated. I can not delete posts, yours or anyone's; only bitcointalk moderators can. That said, I had a posts deleted for 'bumping' (https://bitcointalk.org/index.php?topic=1203661.0), while shit posted by thieving assburgers attacking me stays up. I ROFLED and LOLED really HARD :D :D ;D ;D I made my thread self-moderated to clean it from any mess like some dirty losers like you who could pollute it. My thread is not your sister thread, this is a BS thread with only sock-puppets and bunch of life-losers who have nothing to shit on except Bitcoin. Title: Re: The Bearish News Thread Post by: ahpku on October 09, 2015, 04:24:06 PM ^^Sorry, meant 'our embarrasing retarded sister with assburgers and AIDS thread,' but that just takes too long to type :)
Title: Re: The Bearish News Thread Post by: AbEQ5e on October 09, 2015, 04:32:14 PM if the info is false and misleading could you provide the evidences instead of criticizing the poster ? Besides, if there was only a bullish news thread, that would look like propaganda forum. Also i think OP should keep this thread clean and only keep the news posts (deleting my messages also) Thread's doing fine :) Doing what it set out to do--delivering news while shedding some light on what 'bitcointalk community' has become--paranoid, angry, illiterate petty crooks and pathetic pitchmen, desperately trying to outcon each other in what amounts to an incubator of everything rotten--gambling, worthless 'securities', Ponzis, petty theft... this veritable Petri dish of fail and AIDS, this cesspool of groupthink, cronyism & unabashed censorship known as bitcointalk. I believe in free speech, thus, unlike the 'Bullish News' sister thread, this one is not self-moderated. I can not delete posts, yours or anyone's; only bitcointalk moderators can. That said, I had a posts deleted for 'bumping' (https://bitcointalk.org/index.php?topic=1203661.0), while shit posted by thieving assburgers (https://bitcointalk.org/index.php?action=profile;u=357170) attacking me stays up. Thank you for fighting with bulltards / nazis for all newbies in this forum. Title: Re: The Bearish News Thread Post by: Fakhoury on October 09, 2015, 04:51:57 PM ^^Sorry, meant 'our embarrasing retarded sister with assburgers and AIDS thread,' but that just takes too long to type :) if the info is false and misleading could you provide the evidences instead of criticizing the poster ? Besides, if there was only a bullish news thread, that would look like propaganda forum. Also i think OP should keep this thread clean and only keep the news posts (deleting my messages also) Thread's doing fine :) Doing what it set out to do--delivering news while shedding some light on what 'bitcointalk community' has become--paranoid, angry, illiterate petty crooks and pathetic pitchmen, desperately trying to outcon each other in what amounts to an incubator of everything rotten--gambling, worthless 'securities', Ponzis, petty theft... this veritable Petri dish of fail and AIDS, this cesspool of groupthink, cronyism & unabashed censorship known as bitcointalk. I believe in free speech, thus, unlike the 'Bullish News' sister thread, this one is not self-moderated. I can not delete posts, yours or anyone's; only bitcointalk moderators can. That said, I had a posts deleted for 'bumping' (https://bitcointalk.org/index.php?topic=1203661.0), while shit posted by thieving assburgers (https://bitcointalk.org/index.php?action=profile;u=357170) attacking me stays up. Thank you for fighting with bulltards / nazis for all newbies in this forum. Title: Re: The Bearish News Thread Post by: ahpku on October 09, 2015, 05:19:03 PM Another Remittance Firm (https://bitcointalk.org/index.php?topic=1191177.msg12625347#msg12625347)
"We realized as wonderful as bitcoin is (https://en.wikipedia.org/wiki/Sarcasm), it is not mass market suitable." "Singapore-based remittance startup Toast, previously known as Cryptosigma, has pivoted away from bitcoin (https://bitcointalk.org/index.php?topic=1191177.msg12568094#msg12568094)and blockchain technology and reportedly raised $850,000 (S$1.2m) in seed funding." "Toast will now allow consumers to load its smartphone app – due to be released to Google's Play store – with a local offline travel card or bank account[AKA real money --ed] and send [real] money to their relatives in the Philippines." Title: Re: The Bearish News Thread Post by: ahpku on October 09, 2015, 06:59:26 PM Banks Are Bad, M'kay?
From our sister thread: (https://bitcointalk.org/index.php?topic=1191177.msg12644277#msg12644277) Crypto enthusiasts' healthy hatred of banks rooted in hard facts (https://en.wikipedia.org/wiki/Ignorance), studies show (http://dictionary.reference.com/browse/lie). "[Another] (https://bitcointalk.org/index.php?topic=1191177.msg12576805#msg12576805) new Bitcoin ATM was unveiled in Ocean Beach, San Diego on October 8 by the company Coinsource. Co-founder Travis Gough was on hand during the inaugural party, providing full demonstrations held by the company and local Bitcoin enthusiasts. (https://en.wikipedia.org/wiki/Category:Criminals) The ATM has the standard 7% fees that usual teller machines have (http://www.urbandictionary.com/define.php?term=Hilarity+Ensues) ..." Title: Re: The Bearish News Thread Post by: ahpku on October 09, 2015, 07:28:42 PM Bitcoin Strikes Back
From the dusty "How is this still news?" files: Bitcoin, backed by shamelessly wasted energy, helps fight creeping environmentalism. "Vast amounts of electricity go into feeding the Bitcoin delusion. Fortunately, it's unlikely that the digital currency will survive long enough to generate the environmental disaster that would arise if it became a major part of the financial system," writes John Quiggin, going on to explain that "The same design feature that requires the use of so much electricity is the fatal flaw in Bitcoin as a currency." Fist bump? Fist bump!Title: Re: The Bearish News Thread Post by: Fakhoury on October 09, 2015, 07:45:19 PM People, all the visitors to this BS thread, neither me "Fakhoury" nor my thread "The Bullish News and Articles Thread" are related in any means to this BS thread and we are not sisters as the mentally-retarded OP says.
Thank you. Title: Re: The Bearish News Thread Post by: talks_cheep on October 09, 2015, 08:46:32 PM LOL @fakhouri & hyena, two of the biggest bulltards on the forum.
All the crazies' pitchforks are coming out. This is a great sign that this thread is having a positive impact upon newbies. We are doing the good works here, folks! Title: Re: The Bearish News Thread Post by: ahpku on October 09, 2015, 09:19:32 PM Crypto 'Investors' Seek $100 Million in Class Action Lawsuit
An $100m class action lawsuit has been filed on behalf of victims of an alleged Ponzi scheme involving the fake cryptocurrency 'Gemcoin' (https://en.wikipedia.org/wiki/Bitcoin)days after a US Securities and Exchange Commission (SEC) crackdown. Ahpku wishes to offer his sincere condolences (https://en.wiktionary.org/wiki/I_told_you_so) to the unfortunate cryptoenthiusiast (https://en.wikipedia.org/wiki/Idiot)s. Also: best of luck! (http://idioms.thefreedictionary.com/not+have+a+chance+in+hell)"Defendants heralded ... new cryptocurrency they invited that would be revolutionary and grow exponentially in value, and that Plaintiffs could become early investors." Update: Quote from: http://arstechnica.com/tech-policy/2015/10/city-council-member-resigns-over-cryptocurrency-ponzi-scheme/ A Southern California city council member resigned from his position Tuesday evening after being named as a defendant in a new lawsuit involving a Bitcoin-like cryptocurrency (https://en.wikipedia.org/wiki/Ponzi_scheme)" Well played, councilman :)http://vignette2.wikia.nocookie.net/simpsons/images/f/f4/His_evil_plan.jpg/revision/latest?cb=20120406182958 Title: Re: The Bearish News Thread Post by: ahpku on October 10, 2015, 01:51:59 PM With Φ, Safe Browsing (http://www.huffingtonpost.com/mary-l-pulido-phd/child-pornography-basic-f_b_4094430.html) Is Just A Click Away
"A decentralized content (http://dictionary.reference.com/browse/child-pornography)sharing system: Free Anonymous Internet Φ!" "What can blockchain technology do besides decentralized currency system (https://bitcointalk.org/index.php?topic=1191177.msg12568094#msg12568094) or decentralized contract system (https://en.wikipedia.org/wiki/Joke)," you ask? What we all (http://www.thebestpageintheuniverse.net/c.cgi?u=spot_the_pedo) have been waiting for, claims Φ dev! Ultimate Freedom: content can NEVER be deleted, locked, modified or censored. Once published it is accessible from anywhere. Ultimate Anonymity: No real world personal data needed. Footprint is untraceable. Title: Re: The Bearish News Thread Post by: ahpku on October 10, 2015, 03:21:20 PM Identabit: Identity-Based, Crime-Free Bitcoin (https://en.wikipedia.org/wiki/Contradictio_in_terminis) Alternative
"Bitcoin (https://bitcointalk.org/index.php?topic=1191177.msg12568094#msg12568094)’s fight to be accepted by regulators has been lost," admitted dev John Underwood. Quote from: https://www.cryptocoinsnews.com/entrepreneurs-plan-identabit-identity-based-bitcoin-alternative/ "With the increased regulatory attention directed at bitcoin (https://bitcointalk.org/index.php?topic=1191177.msg12568094#msg12568094), brought on by the stream of crime empowered by anonymity, we concluded that there was a need for a chain that enabled AML/CTF compliance, enhanced funds security, denial of crimes empowered by anonymity, and ensured security of transfer by way of user association." Nice going, John Underwood. Sellout >:(Title: Re: The Bearish News Thread Post by: Dump3er on October 10, 2015, 08:17:09 PM Looks like the hardcore bulltards are giving a lot of fucks about a thread that in their own opinion has zero impact and absolutely no value...
...permabulls ::) Title: Re: The Bearish News Thread Post by: ahpku on October 12, 2015, 01:49:38 PM Blockchain Platform Setl Exceeds 1 Billion Transactions Per Day
Or roughtly 11,000tps. Bitcoin? 7tps tops, which is plenty. Quote from: http://www.coindesk.com/blockchain-platform-setl-exceeds-1-billion-transaction-milestone/ Setl is building a private network of distributed ledgers that can settle cash and assets in real time, claims its testnet can now match the volume of non-cash electronic payments made globally. "By exceeding 1 billion transactions per day, Setl is addressing one of the fundamental issues of legacy blockchains (https://en.wikipedia.org/wiki/Bitcoin), which, unlike Setl, are not designed for financial markets and are unable to handle market volumes." Title: Re: The Bearish News Thread Post by: AbEQ5e on October 12, 2015, 01:53:46 PM Why do people dislike bitcoin?
It seems that any mention of bitcoin outside of bitcoin dedicated communities is met with negativity. What do you think the reasoning is? https://www.reddit.com/r/Bitcoin/comments/3od2k0/why_do_people_dislike_bitcoin/ [–]stoicbn 8 points 14 hours ago And the whole "Bitcoin will destroy banks and middle men!" And now there are dozens of Bitcoin banks and you can't spend Bitcoin at any major retailers without a middle man like Bitpay [–]alch1mista 2 points 1 hour ago This is exactly what bitcoin shillers won't say to you, this is bitcoins biggest lie. Title: Re: The Bearish News Thread Post by: RKing on October 12, 2015, 02:07:03 PM Why do people dislike bitcoin? It seems that any mention of bitcoin outside of bitcoin dedicated communities is met with negativity. What do you think the reasoning is? https://www.reddit.com/r/Bitcoin/comments/3od2k0/why_do_people_dislike_bitcoin/ [–]stoicbn 8 points 14 hours ago And the whole "Bitcoin will destroy banks and middle men!" And now there are dozens of Bitcoin banks and you can't spend Bitcoin at any major retailers without a middle man like Bitpay [–]alch1mista 2 points 1 hour ago This is exactly what bitcoin shillers won't say to you, this is bitcoins biggest lie. 1. People are ignorant of bitcoin. 2. There are too many spam crypto currencies. Title: Re: The Bearish News Thread Post by: Darkbot on October 12, 2015, 02:08:44 PM Looks like the hardcore bulltards are giving a lot of fucks about a thread that in their own opinion has zero impact and absolutely no value... ...permabulls ::) Here is Mr. Dickhead 2.0. Why do people dislike bitcoin? It seems that any mention of bitcoin outside of bitcoin dedicated communities is met with negativity. What do you think the reasoning is? https://www.reddit.com/r/Bitcoin/comments/3od2k0/why_do_people_dislike_bitcoin/ [–]stoicbn 8 points 14 hours ago And the whole "Bitcoin will destroy banks and middle men!" And now there are dozens of Bitcoin banks and you can't spend Bitcoin at any major retailers without a middle man like Bitpay [–]alch1mista 2 points 1 hour ago This is exactly what bitcoin shillers won't say to you, this is bitcoins biggest lie. So, from all the ppl in that thread you picked the 2 most dumbest posts and putted here in youre own thread.... This is a joke, OP is joke this whole tread is 1 major joke! Nitpicker! Title: Re: The Bearish News Thread Post by: ahpku on October 12, 2015, 02:20:52 PM From our bullish sister thread (https://bitcointalk.org/index.php?topic=1166428.msg12662651#msg12662651):
Weekly allowances will be in BTC (https://bitcointalk.org/index.php?topic=1191177.msg12568094#msg12568094) going forward ... any questions? With fewer and fewer greater fools to support collapsing ponzi, Bitcoiners are turning on their own children. Quote from: https://medium.com/@ginorossi/weekly-allowances-will-be-in-btc-going-forward-any-questions-b962bb7d8f68 "I spent a little time here and there explaining to my kids how bitcoins work (https://en.wikipedia.org/wiki/Ponzi_scheme), they listened and thought it made sense. They quickly asked me how they could spend their bitcoins (https://www.erowid.org/chemicals/heroin/) & before I was able to answer them they quickly went online to find out (https://www.deepdotweb.com/dark-net-market-comparison-chart/). My youngest went a different direction with his curiosity and figured out that he could play games (https://en.wikipedia.org/wiki/Prostitution_of_children) in order to earn bitcoins." Title: Re: The Bearish News Thread Post by: Tzupy on October 13, 2015, 09:40:29 AM https://www.cryptocoinsnews.com/purse-io-users-are-targeted-by-hackers-10-235-btc-stolen/
Title: Re: The Bearish News Thread Post by: ahpku on October 13, 2015, 02:37:19 PM From our bullish sister thread (https://bitcointalk.org/index.php?topic=1166428.msg12671672#msg12671672):
Bitplutos, Another Legit MLM Scheme, Joins The Bitcoin Revolution Quote from: http://insidebitcoins.com/news/you-can-earn-up-to-85-even-if-the-bitcoin-rate-drops-at-bitplutos/35276 Earning up to 85% profits is just a click away with BitPlutos -- a binary options platform owned by "Exclusive Limited d.o.o. (reg. no. 5-0668456), a Montenegro registered company whose registered address is Cetijnski put bb, 81000 Podgorica, Montenegro," a small Balkan country with rugged mountains, medieval villages and a narrow strip of scenic beaches along its Adriatic coastline. "Binary options?!" you yelp, unable to contain yourself, "those legitimate sophisticated financial instruments used by wealthy, successful men who studied moneymaking in expensive universities, those binary options?" You got it, chum! "Binary options are not gambling and Bitplutos is regulated under Montenegro law,"* explains Ace Journalist and Expert Financial Advisor at Bitcoinist.net. Nice. But wait, that's not all! Join BitPlutos Affiliates program and earn while you earn! "BitPlutos Affiliates is an aggresive affiliate program created for anyone to earn money by referring new users to BiPlutos, absolutely the first platform that trades Bitcoins. Whenever you send someone to our platform, you make money. And our strategy is simple – we take the lead, you take the profit!" (http://www.bitplutos.com/bitplutos-affiliates/) Pretty sweet. Still not convinced? "Do I look like some hayseed fresh off a turnip truck? I'm a sophisticated investor, bud, do serious due dilegence! This thing better be on the level," you mumble as you reach for your wad, "It is, right?" Sure!!! Sophisticated investors, such as yourself, are our core clientele! Just take a gander at the sidebar for a happy mess of glowing, 100% legit testimonials! * The most respectable, fully-licensed binary options platform in the Central Europe - www.exbino.com. Rapidly growing licensed sportsbook and casino - www.exbinog.com. Innovative and 100% anonymous BitCoin trading platform - www.bitplutos.com. Long term cooperation partnership model with devoted affialites - www.exbinopartners.com. All this sites guarantee customers our financial stability and solvency. Exbinol is owned by Exclusive Limited Montenegro and operated by Exclusive Gaming UK. **ahpku is not affiliated with www.exbino.com., www.bitplutos.com, www.exbinog.com, www.bitcoinist.net or www.insideBitcoins.com, but use these affiliate links anyway. Title: Re: The Bearish News Thread Post by: ahpku on October 13, 2015, 04:00:43 PM European Bitcoin Exchange Bites The Dust
'And nothing of value was lost' (No customer funds appear to be missing yet). In a desperate bid to generate volume, Yacuna waived all trading and withdrawal fees in February, but all in vain. Some things you can't even give away, apparently. Executive director and chief compliance officer Mark Caruso told CoinDesk [as he brushed away a tear --ed]: Meanwhile, back in the States, Gemini picks up the slack (http://www.urbandictionary.com/define.php?term=a+challenger+appears)."We offered the service for free since we believe in the disruptive potential of blockchain technology. However, the lack of significant volume and a growth rate that remained below expectations led to the decision of shutting down the service." What we've got here is ...failure to disrupt. Title: Re: The Bearish News Thread Post by: ahpku on October 13, 2015, 05:34:36 PM Feds Bust Florida Bitcoiner As Drug Deaths Soar
'Federal agents have busted a Miramar bitcoiner they say was part of an international drug ring that used the Internet and U.S. mail to import a so-called synthetic heroin called fentanyl that is sweeping Florida and killing hundreds of users. 'According to a criminal complaint ... [Bitcoin criminal Aldolphe] Joseph sent nearly $3,000 in Bitcoin (https://bitcointalk.org/index.php?topic=1191177.msg12568094#msg12568094)payments for one kilogram of "acetyl fentanyl" -- to be shipped to a woman in Maine.' To put the gullibility and manic optimism of bitcoin criminals in perspective, 1 kilo of fentanyl [+ 49 kilos of cut] roughly equals 50 kilos of heroin. 50 kilos of H for $3K. Not a bad deal, Bitcoin criminal Aldolphe Joseph. Not bad at all... Title: Re: The Bearish News Thread Post by: ElectricMucus on October 13, 2015, 08:02:16 PM People, all the visitors to this BS thread, neither me "Fakhoury" nor my thread "The Bullish News and Articles Thread" are related in any means to this BS thread and we are not sisters as the mentally-retarded OP says. Thank you. You shouldn't have PM'd me about creating this sock for you then. Title: Re: The Bearish News Thread Post by: ElectricMucus on October 13, 2015, 08:10:02 PM People, all the visitors to this BS thread, neither me "Fakhoury" nor my thread "The Bullish News and Articles Thread" are related in any means to this BS thread and we are not sisters as the mentally-retarded OP says. Thank you. You shouldn't have PM'd me about creating this sock for you then. PMed you for a sock, are you an idiot, drunk or both ? Now you don't complain it. Title: Re: The Bearish News Thread Post by: ElectricMucus on October 13, 2015, 08:33:09 PM Title: Re: The Bearish News Thread Post by: Dilla on October 13, 2015, 11:13:21 PM I like how the Bull thread has legitimate articles daily of bull news, and this is just a bunch of ignorance and failed attempts to bash Bitcoin.
Title: Re: The Bearish News Thread Post by: Hyena on October 13, 2015, 11:21:48 PM I like how the Bull thread has legitimate articles daily of bull news, and this is just a bunch of ignorance and failed attempts to bash Bitcoin. This thread is fabricated to its roots. OP even uses different font sizes to compensate the lack in other aspects. Title: Re: The Bearish News Thread Post by: Fakhoury on October 13, 2015, 11:28:24 PM I like how the Bull thread has legitimate articles daily of bull news, and this is just a bunch of ignorance and failed attempts to bash Bitcoin. Thank you Dilla, it's my honor to let you enjoy and educate more about the "real" face of Bitcoin. Thank you again my friend, appreciated. This thread is fabricated to its roots. OP even uses different font sizes to compensate the lack in other aspects. My old friend, Hyena. You summed it all buddy, thank you. Title: Re: The Bearish News Thread Post by: ahpku on October 14, 2015, 12:43:42 AM @Hyena; Dilla; Fakhoury: True, this thread would be substantially more readable and -- let's not mince words-- better if you faggots didn't constantly come here to bitch, whine, and shit it up.
That said, your tears are delicious, and not without a certain edifying value. Thanks for letting the world know how bitter and butthurt you bitcoin cultists really are. We now return you to our regularly scheduled program :) From our bullish sister thread (https://bitcointalk.org/index.php?topic=1166428.msg12680141): Qiwi's Bitruble Refuses To Die. "Sometimes ...dead's better."
Lel from our sister thread: Russian Payments Firm Qiwi Seeks 'Bitruble' Trademark News URL : http://www.coindesk.com/russian-payments-firm-qiwi-seeks-bitruble-trademark/ Russia's financial ombudsman, Pavel Medvedev, replies: Russian Official: Payment Giant Qiwi's Digital Currency Idea 'Illegal' " It's absolutely illegal, such technical hooliganism [is] absolutely inappropriate. The Constitution says who has the right [in] Russia to issue money - it is the central bank. The only currency in Russia is the ruble." Title: Re: The Bearish News Thread Post by: Dilla on October 14, 2015, 02:52:47 AM ^like I said, nonsense. I'm no cultist, and not even a permabull. I just see a lot more good than bad... and the bad, well it just looks like attempts to bring Bitcoin down, but aren't very good.
Title: Re: The Bearish News Thread Post by: ahpku on October 14, 2015, 04:42:14 AM ^
No cultist thinks of himself as a cultist, Dilla. Unwillingness to admit, even to oneself, just how unsane one's life has become is intrinsic to cultdom. If you understood how unwell you really are, you'd surely give up this crazy cult of yours and look for help. Right away. Then, once you're a little better, you'd find normal, healthy new friends & continue to heal :) "See[ing] a lot more good than bad" where there' only fail & AIDS is not unusual, Dilla. It's all part and parcel of being a cultist loon. Why else would you stay in your cult, hmm? You 'see a lot more good than bad' in it, that's why. Undoubtedly, you also think there's nothing wrong with you, either. It's all them, those so-called "normals," who are sick. And stupid. No wonder they laugh at you/try to avoid you/recoil in disgust! Right? Title: Re: The Bearish News Thread Post by: ahpku on October 14, 2015, 12:47:25 PM Bitcoin Startup Funding Drops For The Second-Consecutive Quarter
When the music's over/Turn out the lights. [and grab a chair --ed] "While bitcoin startup deal activity roared to an all-time high at the end of last year, financing momentum now appears to be fading. Deal activity in the bitcoin space fell to a 5-quarter low in Q3’15, as funding fell for the second-consecutive quarter to $87M, according to CB Insights data. The drop in overall deals comes in spite of larger financing deals in Q3’15 to startups focused on use cases for bitcoin’s underlying distributed ledger technology, the blockchain. Title: The Everything Bearish Thread Post by: ahpku on October 14, 2015, 01:18:02 PM [Another] Bitcoin Startup Says Bye to Bitcoin
After Tap[ping] Former Nike Exec to Help 'Democratize Money' (http://www.coindesk.com/bitreserve-executive-nike-democratize-money/), Bitreserve (https://bitreserve.org/) drops Bitcoin & the silly name to get down to business. "As of Wednesday, customers in 30 different E.U. countries can deposit [real] money into Uphold [nee Bitreserve] via bank transfer or from credit and debit cards." "Minor, too, predicts that bitcoin as a currency “will get destroyed.” He likens the coin’s current market cap—about $3.7 billion—to 'an accounting mistake or rounding error that Bank of America makes.'” Yeah whatever, technology entrepreneur & founder of CNET Mr. Halsey Minor. Sellout. Title: Re: The Everything Bearish Thread Post by: ahpku on October 15, 2015, 02:25:46 AM UK Regulator Lies To Protect Bankster Buddies,
warns against doing business with cryptosphere's leading cryptoinvestment firm, Cryptoconomist (https://cryptoconomist.biz/?a=home). "This is a firm that we have been told is either operating regulated activities without the correct authorisation, or is running a scam. We strongly suggest you avoid dealing with unauthorised firms like this," says UK Regulator--some government stooge with zero understanding of blockchain technology. Got any facts to back up those false and libelous accusations, Mr. UK Regulator? Didn't expect to be called on your bullshit ad baculum argument by a intæligent pærson, did you? No, you did not. Guys! These conniving Keynesians just wanna keep us down, under their master's thumb! Don't want us learning exciting new ways to passively >>earn 7000% profit in in just 100 Days<<*, (https://cryptoconomist.biz/?a=home) instead of watching our worthless fiat (which they print out of thin air) get worthlessier and waste away in their insecure debt-based legacy banks. *Investing with cryptoconomist.biz is a fun and family-friendly way to Stick It To The Man! Click to learn (https://cryptoconomist.biz/?a=home) how easy making positive change (and folding money!) really is! **In other news, second bitcoin ATM installed in Sofia, apparently. For an exciting interview with its Bulgarian owner, the software developer Nikolay Mitev, and ...other things, check out our sister thread (https://bitcointalk.org/index.php?topic=1166428.msg12689079#msg12689079) :) Title: Re: The Everything Bearish Thread Post by: ahpku on October 15, 2015, 01:24:22 PM New Bitcoin Ransom Virus Paralyzes Greek Networks
Bitcoin continues to solve Greece's financial problems. Quote from: http://sputniknews.com/europe/20151015/1028546975/greece-computer-virus-bitcoin-ransom.html#ixzz3odlz6YIX New ransomware, identified as CryptoWall, appears to be a successor of CryptoLocker, a computer virus active between 2013 and 2014, which is estimated to have extorted at least $3 million* in bitcoin ransoms. "In the past several days, the situation has intensified, there are thousands of messages about the infection of corporate networks," the Greek police statement said. *$3 million, but only if cryptocriminals instantly unloaded their BTC for [real] money, otherwise ~$1 million, due to BTC doing what it did for the past two years. Still, not bad! Title: Re: The Everything Bearish Thread Post by: ahpku on October 15, 2015, 03:16:32 PM From our bullish sister thread (https://bitcointalk.org/index.php?topic=1166428.msg12689048):
Coinify nominated for IFM awards in two categories (!!!) "Jeesh," you sulk, "Wish I could get MY excellence celebrated in its purest form. I so crave to be recognized by my peers, hell, even honored by way of an Award maybe, is that so much to ask? Doesn't even have to be anything fancy, like the sort that heralds the highest standards of innovation and performance. I'd settle for a used one."The IFM Awards celebrates excellence in its purest form. An event that recognizes and honours individuals and organisations in the international finance industry that make a significant difference and add value, the Award is one that will herald the highest standards of innovation and performance." News URL : https://news.coinify.com/coinify-nominated-ifm-awards-two-categories/ Fat chance tho... It all sounds so ...so complicated." Not at all, Friend! Chin up! 1. Go here: http://www.internationalfinancemagazine.com/awards/nomination 2. Fill out form 3. Click "submit" 4. You're done! Enjoy your new nomination! :) *Nothing happening. Make ur own news. Title: Re: The Everything Bearish Thread Post by: toinew on October 15, 2015, 03:40:03 PM some articles in this thread are a bit FUD
But some other are legitimate news. So please keep it constructive and avoid the trolls. Thanks OP for doing some effort to bring another point of view to this forum that is usually Bullish Biased. Title: Re: The Everything Bearish Thread Post by: talks_cheep on October 15, 2015, 04:06:43 PM @fuckhouri,
Stop your spreading your lies on this thread, go back to your "Everything Bullshit News" thread and stay there. Title: Re: The Everything Bearish Thread Post by: ahpku on October 15, 2015, 04:42:54 PM Since you visit my thread, you see how I deal with other people. You mean delete all the sane/reasonable posts, and suck up to ... Title: Re: The Everything Bearish Thread Post by: Fakhoury on October 15, 2015, 05:23:48 PM People : Don't take this thread as a serious thread, this is a FUD distributed by someone called Lamb (NCL), on the other hand, seek a real and informative threads which really shows the true face of bitcoin. PLEASE don't be fooled, those people and most the repliers here are people who are with an agenda or some losers who envy others like Holders.
Thank you. Title: Re: The Bearish News Thread Post by: ahpku on October 15, 2015, 05:24:27 PM ^^Please take your embarrassing self back to your self-moderated sandbox of shame.
Don't understand why you haven't been banned yet (but thanks for the cleanup, mods). Does Bitcoin Have an Energy Problem? Asks energy blogger Joe Carter, going on to conclude that hell yeah, it sure does! :( If we assume that all Bitcoins were mined as cheaply as $150 a coin, then it cost $3.1 billion to pay the electricity costs to put all those coins in circulation. It would also have created 31.5 million tons of CO2. Just in case you're still unsure, Joe, there's also this:You don’t have to be a hysteric about climate change to find those figures troubling. That’s a lot of wasted energy for a “make-work” project. Bitcoin Strikes Back From the dusty "How is this still news?" files: Bitcoin, backed by shamelessly wasted energy, helps fight creeping environmentalism. "Vast amounts of electricity go into feeding the Bitcoin delusion. Fortunately, it's unlikely that the digital currency will survive long enough to generate the environmental disaster that would arise if it became a major part of the financial system," writes John Quiggin, going on to explain that "The same design feature that requires the use of so much electricity is the fatal flaw in Bitcoin as a currency." Fist bump? Fist bump!Title: Re: The Bearish News Thread Post by: Darkbot on October 15, 2015, 05:26:09 PM I like how the Bull thread has legitimate articles daily of bull news, and this is just a bunch of ignorance and failed attempts to bash Bitcoin. This thread is fabricated to its roots. OP even uses different font sizes to compensate the lack in other aspects. This thread shoud be deleted ASAP! Title: Re: The Everything Bearish Thread Post by: toinew on October 16, 2015, 06:03:26 AM Bitcoin Node Numbers Fall After Spam Transaction 'Attack'
"The number of reachable nodes has declined further following an "attack" that overloaded the bitcoin network. Last week, an unknown actor sent a deluge of spam that left bitcoin's nodes – the clients that store and relay transactions – with upwards of 88,000, or 1GB worth, waiting in their collective memory pool. [...] By Thursday, node numbers on tracking service Bitnodes had dropped 10%." source: coindesk Title: Re: The Bearish News Thread Post by: RKing on October 16, 2015, 07:40:08 AM ^^Please take your embarrassing self back to your self-moderated sandbox of shame. Don't understand why you haven't been banned yet (but thanks for the cleanup, mods). Does Bitcoin Have an Energy Problem? Asks energy blogger Joe Carter, going on to conclude that hell yeah, it sure does! :( If we assume that all Bitcoins were mined as cheaply as $150 a coin, then it cost $3.1 billion to pay the electricity costs to put all those coins in circulation. It would also have created 31.5 million tons of CO2. Just in case you're still unsure, Joe, there's also this:You don’t have to be a hysteric about climate change to find those figures troubling. That’s a lot of wasted energy for a “make-work” project. Bitcoin Strikes Back From the dusty "How is this still news?" files: Bitcoin, backed by shamelessly wasted energy, helps fight creeping environmentalism. "Vast amounts of electricity go into feeding the Bitcoin delusion. Fortunately, it's unlikely that the digital currency will survive long enough to generate the environmental disaster that would arise if it became a major part of the financial system," writes John Quiggin, going on to explain that "The same design feature that requires the use of so much electricity is the fatal flaw in Bitcoin as a currency." Fist bump? Fist bump!How much CO2 do all the banks produce? Hundreds of times over!!! Title: Re: The Everything Bearish Thread Post by: Hyena on October 16, 2015, 09:59:41 AM In the meanwhile BTC reached 260$. Bitcoin doesn't care about bearish news.
Title: Re: The Everything Bearish Thread Post by: ahpku on October 16, 2015, 12:44:22 PM ^^Please take your embarrassing self back to your self-moderated sandbox of shame. Don't understand why you haven't been banned yet (but thanks for the cleanup, mods). Does Bitcoin Have an Energy Problem? Asks energy blogger Joe Carter, going on to conclude that hell yeah, it sure does! :( If we assume that all Bitcoins were mined as cheaply as $150 a coin, then it cost $3.1 billion to pay the electricity costs to put all those coins in circulation. It would also have created 31.5 million tons of CO2. Just in case you're still unsure, Joe, there's also this:You don’t have to be a hysteric about climate change to find those figures troubling. That’s a lot of wasted energy for a “make-work” project. Bitcoin Strikes Back From the dusty "How is this still news?" files: Bitcoin, backed by shamelessly wasted energy, helps fight creeping environmentalism. "Vast amounts of electricity go into feeding the Bitcoin delusion. Fortunately, it's unlikely that the digital currency will survive long enough to generate the environmental disaster that would arise if it became a major part of the financial system," writes John Quiggin, going on to explain that "The same design feature that requires the use of so much electricity is the fatal flaw in Bitcoin as a currency." Fist bump? Fist bump!How much CO2 do all the banks produce? Hundreds of times over!!! Possibly. Caveat: Banks facilitate world's commerce and are used by roughly 7 Billion people,* bitcoin enthusiasts among them.** That's a lot of people, financial visionary and disruptive technologist RKing, a whole bunch of transacting! To put things in perspective, Bitcoin Wiki (https://en.bitcoin.it/wiki/Main_Page) tells us that VISA alone handles "on average around 2,000 transactions per second (tps)," with max. capacity of 56,000tps. (https://en.bitcoin.it/wiki/Scalability) Bitcoin? Well, currently under 2tps, i.e. to match Bitcoin, VISA would have to consume not just 'Hundreds of times over!!!' but 'Thousands of times over!!!,!!!' And VISA is but a single payment processor :( *This number includes the ~2 billion 'unbanked,' who still rely on money. **See here (https://bitcointalk.org/index.php?topic=1191177.msg12594072#msg12594072)how the so-called 'bitcoin businesses' cry like little girls when real banks don't want to play with them. Title: Re: The Everything Bearish Thread Post by: ahpku on October 16, 2015, 01:27:28 PM From our bullish sister thread (https://bitcointalk.org/index.php?topic=1166428.msg12701621#msg12701621), where the news just keeps getting better:
Quote from: http://bitcoinist.net/bitmin-quarter-through-crowdfund-campaign-new-cloud-mining-company/ BITMIN Quarter of Way through Crowdfund Campaign, New Cloud Mining Company! (https://en.wikipedia.org/wiki/Ponzi_scheme) Sweet! (http://www.urbandictionary.com/define.php?term=fuck+me) Another cloud mining company (https://en.wikipedia.org/wiki/Ponzi_scheme), and already a quarter of the way through its Crowdfund Campaign (https://en.wikipedia.org/wiki/Confidence_trick)!BITMIN is a company that offers investors a platform with a lower entry barrier to mining, which is becoming more important due to the fact that the competition in Bitcoin mining has increased, and will continue to do so. The idea was conceived by Sathes Kumar, a person (http://www.merriam-webster.com/dictionary/scumbag) that wanted to give people a real chance at earning profit from Bitcoin mining after seeing the extremely high costs of competitive Bitcoin mining. BITMIN is... allowing investors to buy “shares” from their IndieGoGo Campaign page for $5, which is equivalent to 18 GH/s of SHA256 mining. Just how much has this particular titan of cloudmining industry manage to raise (http://www.merriam-webster.com/dictionary/steal)? Well... http://s1.postimg.org/i2zskgavz/Capture.png Not bad, Sathes Kumar (http://www.merriam-webster.com/dictionary/scumbag), not bad! *Math tip for our esteemed colleagues @bitcoinist.net: 20 is 1/2, not 1/4 of 40. Title: Re: The Everything Bearish Thread Post by: ahpku on October 16, 2015, 01:46:10 PM Bitcoin Node Numbers Fall After Spam Transaction 'Attack'
"The number of reachable nodes has declined further following an "attack" that overloaded the bitcoin network. Last week, an Antifragile! Title: Re: The Everything Bearish Thread Post by: Enjorlas on October 16, 2015, 01:48:46 PM Keep on truckin' ahpku. Don't let the tards get to you.
Title: Re: The Everything Bearish Thread Post by: ahpku on October 16, 2015, 04:36:11 PM Banks <3 Blockchain; Kick Bitcoin To The Curb
As brokenhearted Bitcoiners desperately try to attract Big Money & Government Regulators (https://en.wikipedia.org/wiki/Selling_out), no one's buying. 'Banks are embracing the blockchain while bitcoin is slumping. A lot. Of course, we already knew these facts, but what the State of Bitcoin report (http://www.coindesk.com/sob-q3-2015-banks-embrace-blockchain-amid-bitcoin-funding-slowdown/) shows is just how much the support for bitcoin is dwindling. @Chef: <3 (https://lh3.googleusercontent.com/-3rjR7_vanq0/VdeUP5LyP7I/AAAAAAAACY0/h7v8z8vvBHs/w320-h200/tumblr_mukxhiVRef1shlu6yo1_400.gif)(We’re surprised it’s taken this long, to be frank.) So perhaps, for now, it’s best to call things what they are: Call bitcoin, bitcoin, and blockchain, blockchain.' Title: Re: The Everything Bearish Thread Post by: Chef Ramsay on October 16, 2015, 04:40:14 PM Well, you finally have an ongoing thread that you can call your own. You've gone from creep status to burnout of the year, well done!
Title: Re: The Everything Bearish Thread Post by: Ninjahitoko on October 16, 2015, 05:31:40 PM Bitcoin is honestly starting to piss me off now >:(
Title: Re: The Everything Bearish Thread Post by: Dilla on October 16, 2015, 06:16:12 PM Bitcoin is honestly starting to piss me off now >:( Why? Title: Re: The Everything Bearish Thread Post by: ssmc2 on October 16, 2015, 06:17:26 PM Bitcoin is honestly starting to piss me off now >:( Why? He bought high and sold low. Title: Re: The Everything Bearish Thread Post by: Omikifuse on October 16, 2015, 06:23:44 PM Bitcoin is honestly starting to piss me off now >:( Why? Probably the trolls promised him sub 200 coins soon, but prices are increasing every day and he feels like he is losing money and is too scared to buy Title: Re: The Everything Bearish Thread Post by: ahpku on October 16, 2015, 06:37:51 PM @ssmc2; Omikifuse: Unlike most threads in this section, this one contains no financial advice. If you enjoy invesdting in bitcoin (http://www.urbandictionary.com/define.php?term=ass+rape) & are above the age of consent, you go right ahead, I don't judge.
Title: Re: The Everything Bearish Thread Post by: RKing on October 17, 2015, 08:58:50 AM Bitcoin is honestly starting to piss me off now >:( Why? He did not buy when the price was low. He regrets now. He wants the price to go lower so that he can buy some. Title: Re: The Everything Bearish Thread Post by: ahpku on October 17, 2015, 04:54:15 PM Yes, We Have No Bananas!
From our No News Is Good News department: In yet another probing piece of investigative reportage (https://bitcointalk.org/index.php?topic=1191177.msg12701873#msg12701873) pilfered from Bitcoinist.net, Bitcoin fandom publication Inside Bitcoin (http://insidebitcoins.com/news/ugandan-government-allegedly-uses-finfisher-spyware/35355) informs us that Ugandan Government Allegedly Uses FinFisher Spyware. Imagine?(!) If -- even after Googling up that Uganda is an impoverished landlocked African country where 37.8 percent of the population live on less than $1.25 a day -- the relevance of Ugandan FinFisher use to Bitcoin continues to elude you, fear not: there's none. Quote from: http://insidebitcoins.com/news/ugandan-government-allegedly-uses-finfisher-spyware/35355 'By the look of things, FinFisher does not seem to be designed to spy on people using Bitcoin in Uganda. With the country under tight governmental control, it wouldn’t seem unlikely that spyware could be used to monitor Bitcoin transactions within the country as well.' Title: Re: The Everything Bearish Thread Post by: ahpku on October 18, 2015, 02:08:50 PM Yo Dawg, We Heard You Like Ponzi?
MMM Global Republic of Bitcoin (http://mmmglobal.org/) added a Ponzi to your Ponzi. So's you can Ponzi (http://mmmglobal.org/) while you Ponzi (https://en.wikipedia.org/wiki/Bitcoin), apperently. Quote from: https://letstalkbitcoin.com/blog/post/mmm-global-republic-of-bitcoin-cryptos-next-scandal 'Those who follow Ponzi schemes will immediately recognize the name MMM. In the 1990s, Russian fraudster Sergey Mavrodi (https://en.wikipedia.org/wiki/Satoshi_Nakamoto) ran one of Russia’s largest Ponzai schemes with the same name. Savvy marketing and promises of 1000%+ returns suckered tens of thousands of people into investing their savings in Mavrodi’s scheme. By 1994, when MMM’s offices were closed due to tax evasion, Mavrodi owed his investors beween 100 billion and 3 trillion rubles (between tens of millions and billions of dollars). Mavrodi spent a few years in jail, but by 2011, he was responsible for at least two other pyramid schemes. Now Mavrodi is back in business, bigger and badder than ever. This time he is using Bitcoin.' Title: Re: The Everything Bearish Thread Post by: RKing on October 19, 2015, 08:10:23 AM Yo Dawg, We Heard You Like Ponzi? MMM Global Republic of Bitcoin (http://mmmglobal.org/) added a Ponzi to your Ponzi. So's you can Ponzi (http://mmmglobal.org/) while you Ponzi (https://en.wikipedia.org/wiki/Bitcoin), apperently. Quote from: https://letstalkbitcoin.com/blog/post/mmm-global-republic-of-bitcoin-cryptos-next-scandal 'Those who follow Ponzi schemes will immediately recognize the name MMM. In the 1990s, Russian fraudster Sergey Mavrodi (https://en.wikipedia.org/wiki/Satoshi_Nakamoto) ran one of Russia’s largest Ponzai schemes with the same name. Savvy marketing and promises of 1000%+ returns suckered tens of thousands of people into investing their savings in Mavrodi’s scheme. By 1994, when MMM’s offices were closed due to tax evasion, Mavrodi owed his investors beween 100 billion and 3 trillion rubles (between tens of millions and billions of dollars). Mavrodi spent a few years in jail, but by 2011, he was responsible for at least two other pyramid schemes. Now Mavrodi is back in business, bigger and badder than ever. This time he is using Bitcoin.' This Ponzi scheme will cause little damage to bitcoin. It will lead more people to bitcoin. I do not like any kind of Ponzi schemes. Title: Re: The Everything Bearish Thread Post by: ahpku on October 19, 2015, 11:40:18 AM What 2016 Holds for Bitcoin Businesses
Charlie Woolnough, the co-founder of CoinCorner, explains. http://s4.postimg.org/6k7944kcd/coal.gif 'The hard reality is, there just isn’t currently enough volume to support all the exchanges, payment gateways and wallet providers that have sprung up, let alone the number of secondary service providers, such as bitcoin compliance solutions, that have been created to support the first wave of service providers.' (http://idioms.thefreedictionary.com/no+shit) Who's paying you to spread such bilious FUD, co-founder of CoinCorner and CoinDesk contributor Charlie Woolnough? 'Many of these businesses will need to take radical steps to survive the next few years while consumer adoption catches up with service provider expectation (http://www.merriam-webster.com/dictionary/never). We are already seeing signs of this where those business that haven’t been able to reach critical mass are forced to close (http://www.coindesk.com/european-bitcoin-exchange-yacuna-announces-closure/), resize (http://url=http://www.coindesk.com/bitcoin-processor-bitpay-reduces-staff-in-cost-cutting-effort/), pivot (http://www.coindesk.com/african-remittance-beam-drops-bitcoin-pivot/)or merge with competitors (http://www.coindesk.com/bitpagos-exchange-unisend-argentina-acquisition/).' Title: Re: The Everything Bearish Thread Post by: RKing on October 19, 2015, 01:18:49 PM What 2016 Holds for Bitcoin Businesses Charlie Woolnough, the co-founder of CoinCorner, explains. 'The hard reality is, there just isn’t currently enough volume to support all the exchanges, payment gateways and wallet providers that have sprung up, let alone the number of secondary service providers, such as bitcoin compliance solutions, that have been created to support the first wave of service providers.' (http://idioms.thefreedictionary.com/no+shit) Who's paying you to spread such bilious FUD, co-founder of CoinCorner and CoinDesk contributor Charlie Woolnough? 'Many of these businesses will need to take radical steps to survive the next few years while consumer adoption catches up with service provider expectation (http://www.merriam-webster.com/dictionary/never). We are already seeing signs of this where those business that haven’t been able to reach critical mass are forced to close (http://www.coindesk.com/european-bitcoin-exchange-yacuna-announces-closure/), resize (http://url=http://www.coindesk.com/bitcoin-processor-bitpay-reduces-staff-in-cost-cutting-effort/), pivot (http://www.coindesk.com/african-remittance-beam-drops-bitcoin-pivot/)or merge with competitors (http://www.coindesk.com/bitpagos-exchange-unisend-argentina-acquisition/).' More adoption will solve that problem. The more usage of bitcoin, the higher the value of bitcoin. It can also be used as a value storage. Title: Re: The Everything Bearish Thread Post by: ahpku on October 19, 2015, 02:06:47 PM ... Sure it More adoption will solve that problem. Breaking: BTCC CEO Warns Bitcoiners about Quote from: http://cointelegraph.com/news/115425/btcc-ceo-bobby-lee-warns-bitcoin-investors-about-mmm-ponzi-scheme 'We've had reports of dubious "investments" involving #bitcoin. These may be ponzi schemes designed to steal your bitcoins.' In MY Bitcoin?! Well, I'll be... Thanks for the heads-up, Bobby Lee.Title: Re: The Everything Bearish Thread Post by: ahpku on October 19, 2015, 04:38:10 PM Pt. 2: The Goxxening
'Cryptsy may have gone full Mt Gox,' claims 'Bitcoin and altcoin exchange Cryptsy (https://bitcointalk.org/index.php?topic=1191177.msg12606606;topicseen) (Project Investors, Inc.) may be in a serious trouble with one report over the weekend claiming that the exchange is refusing to allow users to cash out.' These unsubstantiated allegations come as no surprize to Mr. Riley, 'given the company’s previous involvement with some of the worst scammers and criminals to have ever operated in the Bitcoin space.' Title: Re: The Everything Bearish Thread Post by: ahpku on October 19, 2015, 07:12:51 PM Pimp Your Bitcoin
Cointelegraph's Evander Smart explains how to make friends and build a bitcoin community (https://en.wikipedia.org/wiki/Cult). One sleazy pitch at a time. Quote from: http://cointelegraph.com/news/115431/how-to-build-your-bitcoin-community-the-elevator-pitch - victim: “Hey, Joseph, how’s it going?” [Saying 'Hello' to a bitcoiner; bleeding profusely in shark-infested waters; slowly limping past a hungry lion while smothering self in bloody steak tartare: WHY WOULD YOU DO THAT?! --ed] - you: “Oh, things are just great, Derrick. I just invested in some more bitcoin and values are on the rise (https://en.wikipedia.org/wiki/Lie). Just paid for my coffee with bitcoin.” [At this point, having often fantasized of buying coffee himself, the victim is fully enthralled. Like a hypnotized chicken. --ed] - victim: “Oh? Yeah, I’ve heard of this bitcoin. What is bitcoin again?" [Engorge to satiation --ed] http://farm6.static.flickr.com/5081/5219523155_3b3afba1e9.jpg Title: Re: The Everything Bearish Thread Post by: ahpku on October 21, 2015, 01:15:01 PM UK E-tailer Puts Up £15,000 Bounty to Nab Bitcoin Crooks
http://s22.postimg.org/iklqkbu1d/Capture.png Rat out your thieving Bitcoin buddies and earn £15,000! That's £15,000 in legal, real money you won't even need to launder. Or sell for real money to gullible rubes because you don't even care who you hurt because no scruples whatsoever. UK E-tailer Aria put a price on the heads of [the typically petty -ed] bitcoin blackmailers, and it's £15,000: more real, honest money than an average bitcoiner is likely to ever see in your life. Fun[ny] Fact: Aria PC accepts Bitcoin payments. (http://www.aria.co.uk/Support/BitCoin)Bitcoin blackmailers [who likely post on bitcointalk all the time, so you probably know them well, you fink -ed] demanded 16.66 Bitcoins to not do what comes as naturally to Bitcoiners as buying overpriced drugs, guns and CP: demanding Title: Re: The Everything Bearish Thread Post by: ahpku on October 21, 2015, 02:16:50 PM Adam Draper: Investors Don't Want to Hear the Word Bitcoin
"I say bitcoin, and they think that's the worst thing ever." No... Really?Title: Re: The Everything Bearish Thread Post by: ahpku on October 21, 2015, 05:16:14 PM 5 [Depressing] Facts from the Q3 2015 State of Bitcoin Report
CoinDesk's Grace Caffyn contributes her morbid take on Coinalytics' soul-crushing Bitcoin study. For those with no more tears left to shed, the TL;DR:
Title: Re: The Everything Bearish Thread Post by: toinew on October 21, 2015, 06:07:37 PM bitcoin has been a great experiment, but the founder left the development like a coward
Now bitcoin experiment is not moving forward, developers make wars against each other, and bitcoin itself still suffesr from inherent drawback like huge carbon footprint, increasing fees, and the impossibility to scale up for going mainstream. it's time to move on, bitcoin is just a name after all, there could be a better bitcoin, for exemple a bitcoin 2.0 Title: Re: The Everything Bearish Thread Post by: ssmc2 on October 21, 2015, 06:09:55 PM Should re-name this thread "The Everything Trollish Thread"
Title: Re: The Everything Bearish Thread Post by: ahpku on October 21, 2015, 10:53:20 PM FATF: Bitcoin Could Fuel Terrorism Financing
I <3 U, Bitcoin! Is there anything you couldn't do? CoinDesk contributor Grace Caffyn, who only hours ago left us choking back our tears with her cruel 5 [Depressing] Facts from the Q3 2015 State of Bitcoin Report (https://bitcointalk.org/index.php?topic=1191177.msg12748190), now completes her crushing combo by falsely and slanderously lying that our Bitcoin could be used to fund terrorisms! Who's paying you to lie, Grace?Why are you doing this to us, Grace? Is it possible you really didn't know that F.I.A.T. credit cards can also be used to fund terrorists? Well they could! Fund terrorists, while potentially exposing our personal infos to all sorts of East-European hackers and invading our Yeah, just something you conveniently forgot to mention. Title: Re: The Everything Bearish Thread Post by: Fakhoury on October 22, 2015, 12:15:55 AM Should re-name this thread "The Everything Trollish Thread" She enjoys stealing her thread titles from my thread, nothing new about her actually. Title: Re: The Everything Bearish Thread Post by: ahpku on October 22, 2015, 12:36:45 AM @Fakhoury: Go be a faggot elsewhere, ty.
@Fakhoury Consider returning to your self-moderated thread, no need to shit up this one too. Or back to peddling stolen MSDN keys, whichever. https://bitcointalk.org/index.php?action=trust;u=357170 Title: Re: The Everything Bearish Thread Post by: Fakhoury on October 22, 2015, 12:40:05 AM @Fakhoury: Go be a faggot elsewhere, ty. @Fakhoury Consider returning to your self-moderated thread, no need to shit up this one too. Or back to peddling stolen MSDN keys, whichever. https://bitcointalk.org/index.php?action=trust;u=357170 No need to be harsh babe, take it easy babe :-* Title: Re: The Everything Bearish Thread Post by: Cconvert2G36 on October 22, 2015, 02:36:14 AM @Fakhoury: Go be a faggot elsewhere, ty. @Fakhoury Consider returning to your self-moderated thread, no need to shit up this one too. Or back to peddling stolen MSDN keys, whichever. https://bitcointalk.org/index.php?action=trust;u=357170 No need to be harsh babe, take it easy babe :-* Just stay in your thread if it bothers you Fakhoury, there are actual risks in bitcoin investment... as you may know. The informed investor will weigh it and decide the legitimacy, relevance, and impact. The intellectual "lalalala, can't hear you", is in poor taste. One can still take the other side of the trade without acting out. "This is what gets you gay porn!!!!1!!", is also acting out, but that chapter has apparently come to a welcome close. Honestly, you would/should have to pay money for some of the satiric banter that emanates from ahpku. Title: Re: The Everything Bearish Thread Post by: ahpku on October 22, 2015, 02:53:08 PM Bitcoin Groups and Law Enforcement Unite to Form Blockchain Alliance
"And I guess that was your accomplice in the wood chipper." Quote from: http://www.coindesk.com/bitcoin-groups-and-law-enforcement-unite-to-form-blockchain-alliance/ A group of digital currency companies and organizations are establishing a new public-private forum in a bid to foster communication and education (https://en.wikipedia.org/wiki/Selling_out) between the government and industry stakeholders. "And for what? For a little bit of money. There's more to life than a little money, you know. Don'tcha know that? And here you are, and it's a beautiful day. Well. I just don't understand it..."Title: Re: The Everything Bearish Thread Post by: talks_cheep on October 22, 2015, 04:00:06 PM @Fakhoury: Go be a faggot elsewhere, ty. @Fakhoury Consider returning to your self-moderated thread, no need to shit up this one too. Or back to peddling stolen MSDN keys, whichever. https://bitcointalk.org/index.php?action=trust;u=357170 No need to be harsh babe, take it easy babe :-* What a slimeball! No wonder he's the one running the "Everything Bullshit News" thread, it takes a used car saleman to pitch for sleazy coins. Title: Re: The Everything Bearish Thread Post by: ahpku on October 22, 2015, 04:34:16 PM "Bitcoin" Startup Abra (https://www.goabra.com/) Moves to Launch Mobile Remittance App
Ways this app helps you send and receive BTC: (https://en.wikipedia.org/wiki/Money_laundering) Zero. Number of times Bitcoin is mentioned on Abra (https://www.goabra.com/) landing page: Zero. Abra (https://www.goabra.com/): 'The people's way to send and receive cash [not bitcoin -ed.]' 'Additionally, the startup is announcing a new suite of merchant APIs, dubbed Abra Pay, that will enable Abra users to make payments using their mobile devices [without ever having to use, or think about, bitcoin -ed.] Title: Re: The Everything Bearish Thread Post by: ahpku on October 23, 2015, 12:57:34 PM Famous Software School Tackles Fake Degrees Using the Blockchain
From our Bitcoin, is there anything you can't do? department. San Francisco's new software engineering school, Holberton (https://en.wikipedia.org/wiki/Diploma_mill), has announced it will tackle fake degrees using bitcoin technology. Holberton School of Computering is not associated with Betty "ENIAC Girl Gamer" Holberton, or Halliburton Company, an American multinational corporation run by The Lizard People.In partnership with Bitproof, the notary startup founded by teenager Louison Dumont, Holberton will issue every graduate with certificate that can be verified on bitcoin's blockchain using a Digital Certificate Number (DCN). "I had this eureka moment when I figured out I could sign a message with a bitcoin address," explains teenager Louison Dumont. "That just floored me, so I landed some VC bucks and figured out how to type 'Joe Schmoe haz Super Computer Scientist certificat from Holberton, the famos top computor colege you probably never heard of but is totally real.'" Creepy Bitcoin Kidnappers Keep Bullying Canadian, Demand More Coins More from our Bitcoin, is there anything you can't do? department. $50,000 actual real money reward offered for capture and conviction of Canadian expat’s kidnappers, as authorities appear no closer to busting the bitcoin bandits. Eight months have passed since Canadian expat Ryan Piercy, kidnapped by bitcoin fiends past January, was released, but his nightmare is not over. The bitcoin crooks continue to blackmail Piercy and his family with rambling, illiterate demands [shit grammar and incoherence make bitcoiners easy to spot -ed]. “Our intention will be to mame [sic] and disfigure initially. The problem is the devices and components used are not precise. … Acid is a tricky substance to control but combined explosives as a delivery system it is anybodys [sic] guess.” Top 10 Benefits Bitcoin Provides New Users Cointelegraph's elevator pitch expert Evander Smart (https://bitcointalk.org/index.php?topic=1191177.msg12730966) brings you another load of high caliber crap to unload into the unsuspecting unfortunates you've somehow managed to trap in an elevator. Our cub reporter ahkpu, in an effort to make everything look like a Red Letter Bible, experiments with fun text effects. 1. The world’s easiest bank account to open That would be Pirateat40's Bitcoin Savings & Trust (http://www.theverge.com/2012/8/27/3271637/bitcoin-savings-trust-pyramid-scheme-shuts-down). 2. Appreciate the appreciation Critics of Bitcoin are quick to point out that it has lost hundreds of dollars in value since Mt. Gox ... ...and while Bitcoin prices have tumbled over the past two years, it's worth noting that 1BTC is still worth more than nothing, its price 6 years ago. 3. Launch your Business idea without the need for bank approval Starting a new business can be very hard, financially. Because banks actually want a coherent business plan, not wanting to lend you money for a business that's sure to fail. Not so with bitcoiners. They'll even give you money to start a bank of your very own. (http://hackingdistributed.com/2014/04/05/another-one-bites-the-dust-neo-bee/) 4. Quickly gain access to the rest of the digital currencies or altcoins So you can lose money even faster. 6. Two words: Bitcoin IPOs! These are starting to become a new bitcoin financing option. One word: RUN!!! Bitcoin IPOs have been around forever. (https://bitcointalk.org/index.php?board=78.0) 99% failure/fraud rate. 7. Programmable money has its advantages over fiat currencies Having a truly digital currency means you can do many things a dollar simply can’t do. For example, you can have a family wallet with pre-set spending limits. Possible with digital currencies? Sure. Possible now, with Bitcoin? No. 8. ‘Smart contracts’ provide many business options Every day, many people worldwide use a version of the “smart contract” and don’t even know it. ... Nick Szabo coined this That's why. 8. Crowdfund your business or project even in the most remote area What if you’re in an impoverished, 3rd-world nation? You don’t live near a metropolitan city. You live 30-50-100 miles from the nearest bank. You don’t own a car. Your local dirt road is flooded out by rain 3-4 days a week. Then you (and your equally broke neighbor) just whip out your iPhones with unlimited internet, and ...and start a Bitcoin exchange. Or start selling mud from your muddy road, which you can't ship because you just dug up the road, the only avenue of egress from your impoverished hovel. Or something. 9. Don’t like your government or central banking system? Bitcoin makes a financial and political statement Maybe you or someone you know is the type of person that hates being controlled, financially or otherwise. Or how about you just grab a Che Guevara T-shirt at Hot Topic & not pay? Simpler and edgier, Wild One! 10. Bitcoin’s speed makes a wire transfer seem like a steam ship Have you ever tried to take more than US$10k out of a bank? No. I keep my hookers and blow purchases in the sub-$10k range. For everything else, there's MasterCard. The Internet started out just like this Yes, that's 11, and no, no it didn't. Most MLM and ponzi shemes did, but Internet? No. Title: Re: The Everything Bearish Thread Post by: ahpku on October 24, 2015, 01:07:26 PM It's My Coin And I'll Crime If I Want To!
Head of the morally (and fiscally, now that I think about it) bankrupt and crime-ridden Bitcoin Foundation doesn't want to cooperate with the cops. Surprisingly ::) Quote from: http://bravenewcoin.com/news/controversy-arises-as-new-blockchain-alliance-engages-with-us-law-enforcement/
Title: Re: The Everything Bearish Thread Post by: ahpku on October 25, 2015, 01:48:21 PM Everything Goes Better With Bitcoin!
"Like laundering millions I stole from your stupid granny and thousands like her," says Bitcoin entrepreneur Stephan Moskwyn, 32. From our Bitcoin, is there anything you can't do? department. Quote from: http://www.sun-sentinel.com/news/crime/fl-grandma-scam-florida-canada-20151023-story.html
Title: Re: The Everything Bearish Thread Post by: ahpku on October 26, 2015, 12:29:42 PM Rememeber when
Russian Bear Fed Up With Bitcoin Bullshit Russia's Ministry of Finance has developed a new version of its proposed law that would seek to both outlaw and apply criminal penalties for activities involving digital currencies, according to a report by Russian news source Interfax. Citing sources from within the Russian government, Interfax reports that acquiring, selling and distributing cryptocurrencies would be punishable with fines of 300,000 rubles ($4,574) or through up to 360 hours of correctional labor under the new bill. Should such infractions be committed by an agency or group, the fines for such activities would increase to 500,000 rubles ($7,623). IMPORTANT UPDATE: Quote from: https://www.cryptocoinsnews.com/russian-finance-ministry-proposes-a-4-yr-prison-sentence-for-bitcoin-users/
Bitcoin's Stupid, Says Stoner
Title: Re: The Everything Bearish Thread Post by: Tzupy on October 27, 2015, 11:33:54 AM Russia may soon ban bitcoin really hard:
https://www.cryptocoinsnews.com/russian-finance-ministry-proposes-a-4-yr-prison-sentence-for-bitcoin-users/ Title: Re: The Everything Bearish Thread Post by: Fakhoury on October 27, 2015, 01:35:10 PM Title: Re: The Everything Bearish Thread Post by: ahpku on October 27, 2015, 01:49:42 PM [rising tide of bitcoin money laundering.gif] And that's exactly why Russia's Ministry of Finance has drafted the proposal for a 4-year prison sentence for Bitcoin criminals. (https://bitcointalk.org/russian-finance-ministry-proposes-a-4-yr-prison-sentence-for-bitcoin-users/) About time, if you ask me :) Title: Re: The Everything Bearish Thread Post by: ahpku on October 27, 2015, 01:51:22 PM Russia may soon ban bitcoin really hard: The world is finally beginning to understand Bitcoin. And to ban it, naturally.https://www.cryptocoinsnews.com/russian-finance-ministry-proposes-a-4-yr-prison-sentence-for-bitcoin-users/ British Pigs Pop 15-Year-Old Bitcoin Boy In Telecom Hack From our new Bitcoin Wunderkinds department Quote from: /british-police-arrest-15-year-old-telecom-hack-ransom-demanded-bitcoin/
Title: Re: The Everything Bearish Thread Post by: ahpku on October 27, 2015, 02:19:46 PM ^^
Once we place you Pedo peso profiteers in gulags, where you belong, those numbers will plummet 8) No cell phones or WiFi in Russian jails, Fakhoury. Only big angry zeks who don't take kindly to your kind. Eager to punish you for destabilizing Mother Russia's economy and devaluing [real] money. Title: Re: The Everything Bearish Thread Post by: ahpku on October 27, 2015, 03:18:45 PM ^^Bitcoin pimps and crypto criminals such as yourself (https://bitcointalk.org/index.php?action=trust;u=357170) will be brought to justice with or without me, I'm here only to warn the unwary few who still might be stupid enough to fall for your sleazy MLM scheme. Which is already in the process of collapsing. Even as we speak.
And, won't lie, to point fingers and laugh. Bitcoin's Done. Put A fork In It. So says Daphne Howland, contributing editor of Retail Dive (http://www.retaildive.com/news/three-retail-trends-that-are-not-quite-working-out/407748/), the publication focusing on [dying] retail trends and [failing] marketing fads. Quote from: http://www.retaildive.com/news/three-retail-trends-that-are-not-quite-working-out/407748/
Title: Re: The Everything Bearish Thread Post by: ahpku on October 27, 2015, 03:39:49 PM ^^The article was published literally minutes ago. I found Daphne Howland's take on bit-coin cogent and pertinent to this, my thread. Unlike your spergy commentary.
What's wrong with you? Your assburgers acting up again? Why must this be repeated, over and over? @Fakhoury: Go be a faggot elsewhere, ty. @Fakhoury Consider returning to your self-moderated thread, no need to shit up this one too. Or back to peddling stolen MSDN keys, whichever. https://bitcointalk.org/index.php?action=trust;u=357170 From our Fun Facts department: http://assets.bwbx.io/images/iiS5isLjS97o/v1/-1x-1.png http://www.bloomberg.com/news/articles/2015-10-26/the-bitcoin-startup-boom-comes-back-down-to-earth Title: Re: The Everything Bearish Thread Post by: Zarathustra on October 27, 2015, 05:59:32 PM ^^ Once we place you Pedo peso profiteers in gulags, where you belong, those numbers will plummet 8) No cell phones or WiFi in Russian jails, Fakhoury. Only big angry zeks who don't take kindly to your kind. Eager to punish you for destabilizing Mother Russia's economy and devaluing [real] money. https://twitter.com/coindesk/status/334646859920441346 Title: Re: The Everything Bearish Thread Post by: ahpku on October 27, 2015, 06:06:31 PM ^A tweet by some bro who thinks 'critique' is a fancy way of saying 'criticized'? I see what you mean ::)
Title: Re: The Everything Bearish Thread Post by: NatoshiSakamato on October 27, 2015, 06:13:11 PM Rough days for aphku... All this effort and Bitcoin about to break 300$ anyway ::)
Title: Re: The Everything Bearish Thread Post by: ahpku on October 27, 2015, 06:39:37 PM "Bitcoin? Anti-Bank? Hehehe" Chuckles Bitcoin's Chief Sellout Bobby Lee
Quote from: http://www.ibtimes.co.uk/btcc-chief-bobby-lee-bitcoin-not-anti-bank-its-pro-innovation-1525964
Title: Re: The Everything Bearish Thread Post by: ahpku on October 28, 2015, 01:05:47 PM Frightened Man Rescued, Bitcoin Kidnappers Foiled. Again.
'His face was bruised and he was clutching his legs, which were covered in cuts. ' From our burgeoning 'Let's get sushi... and not pay!' department. Quote from: http://www.thanhniennews.com/world/kidnapped-hong-kong-tycoon-rescued-in-taiwan-53015.html
Bitcoiners Threaten 4 Thai Banks More from our burgeoning 'Let's get sushi... and not pay!' department. Quote from: http://www.nationmultimedia.com/breakingnews/Thai-banks-receive-Bitcoin-threat-30271821.html
Bitcoin CEO Bought Hookers With Your Dough 'I regret nothing' says Bitcoin CEO Mark Karpeles. Still more from our burgeoning 'Let's get sushi... and not pay!' department.
Title: Re: The Everything Bearish Thread Post by: ahpku on October 29, 2015, 11:58:30 AM Digital CC Abandons Bitcoin, Rebrands to Digital X
Bitcoin Ransoms Are Becoming More Popular The reason for the current price bubble, experts claim. From our burgeoning 'Let's get sushi... and not pay!' department.
Title: Re: The Everything Bearish Thread Post by: ahpku on October 30, 2015, 03:07:41 PM We've Got A Bigger Problem Now
Payza/Obopay civil disputes put on hold while jackbooted government thugs cook up outrageous criminal charges. From our burgeoning 'Let's get sushi... and not pay!' department.
Title: Re: The Everything Bearish Thread Post by: ElectricMucus on November 01, 2015, 07:07:29 PM Where is Fakhoury? I miss these posts.
Title: Re: The Everything Bearish Thread Post by: ahpku on November 02, 2015, 01:04:14 PM Bitcoin Banned In Taiwan
From our burgeoning 'Let's get sushi... and not pay!' department.
Title: Re: The Everything Bearish Thread Post by: ahpku on November 05, 2015, 01:38:56 PM Side-Channel Attack on Bitcoin? Sure, But Only If You Have A Gun.
Beretta-Brandishing Bitcoin Bandit Boosts Head Shop's Prized Bitcoin ATM; Flees In Chevy Cavalier Chuck-full Of Other Criminals. You got it, more from our burgeoning 'Let's get sushi... and not pay!' department. Quote from: https://www.cryptocoinsnews.com/bitcoin-bandits-hit-atlanta-smoke-shop-to-flee-with-bitcoin-atm/
Title: Re: The Everything Bearish Thread Post by: ahpku on November 08, 2015, 03:50:50 PM http://s24.postimg.org/95v15l4sl/bitcoiner.png
Be A Part Of New Zealand's Bitcoin Dragnet New Zealand Police is investigating a threatening email from Bitcoin enthusiasts claiming to be the terrorist hackers Syrian Electronic Army (SEA). The bit-coin criminals warn that unless the recipient pays $1,500 in bitcoin, the files in their computer will be lost, someone in their family will be killed and their house will be destroyed by fire. "I would suggest it's probably some form of a scam," (http://www.stuff.co.nz/national/crime/73795226/syrian-electronic-army-threat-a-scam) said the Auckland Police District Command Centre' Senior Sergeant Scott Rees, "just like pretty much everything about bit-coin." Nonetheless, New Zealand's Jackbooted Thugs are advising New Zealanders to be on the lookout for bitcoin crooks, and even set up a special email address, firescam@police.govt.nz, where you could anonymously snitch on your bitcoin buddies. In other news, ProtonMail, a bitcoin-accepting encrypted email service, coughed up $6000 in bit-coins to stop Bit-coin extortionists' DDoS attack, but DDoS carries on anyway, lol. Quote from: http://www.zdnet.com/article/protonmail-coughs-up-6000-to-stop-ddos-attack-ddos-carries-on-anyway/ In an attempt to stop the DDoS onslaught and due to "pressure by third parties," ProtonMail "grudgingly" agreed to pay the cyberattacker's $6000 ransom to "spare the other companies impacted by the attack." Nevertheless, the attack continued even after the Bitcoin-based ransom was handed over. Title: Re: The Everything Bearish Thread Post by: shamati on November 08, 2015, 06:14:59 PM Sir, delete your post.
Only good bitcoin news please. No bad new. No stop any new pump please. Title: Re: The Everything Bearish Thread Post by: ahpku on November 11, 2015, 02:44:43 PM There'll Always Be A Mourning After
http://si.wsj.net/public/resources/images/OB-DQ785_0512cq_F_20090512124702.jpg Bitcoin Price Drops to $315 As Experts Talk About Ponzi Schemes It hasn’t been long since bitcoin enthusiasts were happy to see the price reaching its peak of $500 in such international exchanges as OKCoin, BTCC, BitFinex and Bitstamp. However the success turned out to be unstable [lol -ed]. Bitcoin price began to drop to $315 this morning which means practically a 30% decline. Title: Re: The Everything Bearish Thread Post by: ahpku on November 14, 2015, 02:18:33 PM Lowered Expectations
http://s17.postimg.org/5ey3i58nz/Capture.png (http://www.coindesk.com/56-of-bitcoiners-believe-bitcoin-will-reach-10000-in-2014/) ~ time passes ~ http://s28.postimg.org/4lguue7t9/Capture.png (http://www.coindesk.com/poll-48-percet-bitcoin-price-500-2016/) Title: Re: The Everything Bearish Thread Post by: Dump3er on November 14, 2015, 10:11:40 PM Lowered Expectations http://s17.postimg.org/5ey3i58nz/Capture.png (http://www.coindesk.com/56-of-bitcoiners-believe-bitcoin-will-reach-10000-in-2014/) ~ time passes ~ http://s28.postimg.org/4lguue7t9/Capture.png (http://www.coindesk.com/poll-48-percet-bitcoin-price-500-2016/) :D Title: Re: The Everything Bearish Thread Post by: talks_cheep on November 15, 2015, 11:43:00 PM We will probably see $500 in 2016 (due to halving), but the important thing is it will drop down to $250 and will stay there the rest of the year. If you haven't learned anything about bitcoins, it is that it LOSES value CONTINUOUSLY.
Title: Re: The Everything Bearish Thread Post by: ahpku on November 16, 2015, 02:32:37 PM Bitcoin Terrorists Linked To Paris Attacks
From our burgeoning 'Let's get sushi... and not pay!' department. Ghost Security Group confirmed to NewsBTC that ISIS is “extensively using bit-coin for funding their operations” and that the group has “managed to uncover several bit coin addresses used by them.” Furthermore, bitcoin is “their prime form of currency.” No evidence was given, as the hackers “cannot go into more detail at the moment on current investigations.” Thanks, Ghost Security Group guys. Never forgive. Never forget!In other news, USD Used More often than BTC To Launder Money, Claims Researcher (http://www.newsbtc.com/2015/11/16/it-is-the-us-dollar-not-bitcoin-that-is-mostly-used-in-money-laundering/) Bitcoin scientist contends that Bit-coin, the budding currency of the underworld which accounts for as much as 0.0000000001% IRL financial transactions, is only responsible for 40% of criminal-to-criminal payments. (http://www.econotimes.com/Europol-Bitcoin-accounts-for-over-40-of-criminal-to-criminal-online-payments-97270) Title: Re: The Everything Bearish Thread Post by: worhiper_-_ on November 17, 2015, 03:03:03 AM Bitcoin Terrorists Linked To Paris Attacks From our burgeoning 'Let's get sushi... and not pay!' department. Ghost Security Group confirmed to NewsBTC that ISIS is “extensively using bit-coin for funding their operations” and that the group has “managed to uncover several bit coin addresses used by them.” Furthermore, bitcoin is “their prime form of currency.” No evidence was given, as the hackers “cannot go into more detail at the moment on current investigations.” Thanks, Ghost Security Group guys. Never forgive. Never forget!In other news, USD Used More often than BTC To Launder Money, Claims Researcher (http://www.newsbtc.com/2015/11/16/it-is-the-us-dollar-not-bitcoin-that-is-mostly-used-in-money-laundering/) Bitcoin scientist contends that Bit-coin, the budding currency of the underworld which accounts for as much as 0.0000000001% IRL financial transactions, is only responsible for 40% of criminal-to-criminal payments. (http://www.econotimes.com/Europol-Bitcoin-accounts-for-over-40-of-criminal-to-criminal-online-payments-97270) Holy shit, not to say that this was unexpected for me and I really don't see why other people in the community find this unlikely. But god dammit this is literally the worst news that could come out about bitcoin at this moment. It isn't even the first time ISIS is linked to bitcoin, terrorists have started realizing how suitable bitcoin is for their activities... And the sad thing is that this would be extremely hard to solve, perhaps even impossible under the current standards. Title: Re: The Everything Bearish Thread Post by: ahpku on November 17, 2015, 03:59:04 PM Breaking: Anonymous Fraudster Not Eligible For Nobel Prize
From our How is this even news? department
Title: Re: The Everything Bearish Thread Post by: ahpku on November 18, 2015, 07:40:26 PM G7 To Crack Down On Virtual Currencies
November 18 2015 at 08:41pm By Reuters Quote from: http://www.iol.co.za/news/world/g7-to-crack-down-on-virtual-currencies-1.1947414#.VkzStr9SOLi
Title: Re: The Bearish News Thread Post by: windjc on November 19, 2015, 09:53:45 AM This thread is pure horseschit, it has it all; trolls, fudsters and idiots. btw the Bullish version outweight this one by far. No. Negative news will always get more clicks than positive news. Fear is the strongest motivator. And it can be addictive. The ironic things about these threads is that "news" doesn't really move price. Negative news has no impact in a bull market while positive news seems to move the market. And vice versa. Sentiment of speculators is tied to technicals, while supply demand fundamentals create long term price. Everything else is just noise. If anything negative news is just a reminder that bitcoin is a disruptive technology that will be hated and disputed by many individuals, institutions and governments. Whether bitcoin succeeds as a technology will be determined over the next 5-50 years, not today. No matter what the headlines are. Title: Re: The Everything Bearish Thread Post by: Darkbot on November 19, 2015, 02:12:53 PM Bitcoin Terrorists Linked To Paris Attacks From our burgeoning 'Let's get sushi... and not pay!' department. Ghost Security Group confirmed to NewsBTC that ISIS is “extensively using bit-coin for funding their operations” and that the group has “managed to uncover several bit coin addresses used by them.” Furthermore, bitcoin is “their prime form of currency.” No evidence was given, as the hackers “cannot go into more detail at the moment on current investigations.” Thanks, Ghost Security Group guys. Never forgive. Never forget!In other news, USD Used More often than BTC To Launder Money, Claims Researcher (http://www.newsbtc.com/2015/11/16/it-is-the-us-dollar-not-bitcoin-that-is-mostly-used-in-money-laundering/) Bitcoin scientist contends that Bit-coin, the budding currency of the underworld which accounts for as much as 0.0000000001% IRL financial transactions, is only responsible for 40% of criminal-to-criminal payments. (http://www.econotimes.com/Europol-Bitcoin-accounts-for-over-40-of-criminal-to-criminal-online-payments-97270) bitcoin is “their prime form of currency'' ? This is beyond retarted, weapons cost a lot of money and the price is still around $330 per coin. IF ISIS is buying coins for weapons why i dont see moon? fcking noobs, they dont even got a decent brain to think! Title: Re: The Everything Bearish Thread Post by: anthonycamp on November 19, 2015, 02:15:21 PM terror by money its in all not just btc or euro or dollar it happens when power comes to terror
Title: Re: The Everything Bearish Thread Post by: ahpku on November 19, 2015, 02:28:31 PM Bitcoin Terrorists Linked To Paris Attacks From our burgeoning 'Let's get sushi... and not pay!' department. Ghost Security Group confirmed to NewsBTC that ISIS is “extensively using bit-coin for funding their operations” and that the group has “managed to uncover several bit coin addresses used by them.” Furthermore, bitcoin is “their prime form of currency.” No evidence was given, as the hackers “cannot go into more detail at the moment on current investigations.” Thanks, Ghost Security Group guys. Never forgive. Never forget!In other news, USD Used More often than BTC To Launder Money, Claims Researcher (http://www.newsbtc.com/2015/11/16/it-is-the-us-dollar-not-bitcoin-that-is-mostly-used-in-money-laundering/) Bitcoin scientist contends that Bit-coin, the budding currency of the underworld which accounts for as much as 0.0000000001% IRL financial transactions, is only responsible for 40% of criminal-to-criminal payments. (http://www.econotimes.com/Europol-Bitcoin-accounts-for-over-40-of-criminal-to-criminal-online-payments-97270) bitcoin is “their prime form of currency'' ? This is beyond retarted, weapons cost a lot of money and the price is still around $330 per coin. IF ISIS is buying coins for weapons why i dont see moon? fcking noobs, they dont even got a decent brain to think! Because ISIS uses bit-coin the way it has been designed to be used -- as money, not as a store of wealth. ISIS is not hoarding BTC -- criminals aren't stupid -- but rather uses it to move huge sums of money, cheaply and nearly instantaneously, anywhere in the world. And then sells it to bitcoiners (like you) for real money (like USD). Title: Re: The Everything Bearish Thread Post by: conspirosphere.tk on November 19, 2015, 05:03:45 PM Bitcoin Terrorists Linked To Paris Attacks Next we'll hear of cryptoids blowing up their ASICs in their mom's basement when surrounded. Be afraid of the cryptoids. Title: Re: The Everything Bearish Thread Post by: ahpku on November 19, 2015, 06:19:16 PM Bitcoin Terrorists Linked To Paris Attacks Next we'll hear of cryptoids blowing up their ASICs in their mom's basement when surrounded. Be afraid of the cryptoids. Oy vey! Blowing up ASICs? These bit-coiners sure start young! From their mom's basements, you say? Like this young gentleman here? http://www.barenakedislam.com/wp-content/uploads/2015/06/2015-06-11T22-37-35-933Z-1280x720-e1434237237207.jpg Amin admitted in a statement of fact as part of the plea agreement to using the twitter handle @Amreekiwitness to "provide advice and encouragement to ISIL and its supporters," according to a Department of Justice press release. Additionally, Amin taught followers how to use bitcoin to covertly send funds to the terror group. Title: Re: The Everything Bearish Thread Post by: ahpku on November 23, 2015, 02:20:40 PM Former Bitcoin Companies Erasing Their Embarrassing 'Bit's
From our Let Us Never Speak of This Again department: Quote from: http://www.theguardian.com/technology/2015/nov/23/former-bitcoin-companies-cryptocurrency
Damn you, mainstream media! Title: Re: The Everything Bearish Thread Post by: adamstgBit on November 23, 2015, 02:29:17 PM Former Bitcoin Companies Erasing Their Embarrassing 'Bit's From our Let Us Never Speak of This Again department: Quote from: http://www.theguardian.com/technology/2015/nov/23/former-bitcoin-companies-cryptocurrency
Damn you, mainstream media! :D its already sunk! 6 months ago lol! Title: Re: The Everything Bearish Thread Post by: ahpku on November 23, 2015, 02:37:57 PM its already sunk! 6 months ago lol! Chin up, there's still hope! http://www.abc.net.au/news/image/6526542-3x2-700x467.jpg Title: Re: The Everything Bearish Thread Post by: Darkbot on November 23, 2015, 02:43:27 PM This noob thread needs to be deleted!
Title: Re: The Everything Bearish Thread Post by: ahpku on November 23, 2015, 02:57:59 PM Exactly.
Not sure why noob Darkbot hasn't been banned yet. I don't report posts as a matter of principle, but this user has never contributed anything other than rage. Mods? Title: Re: The Everything Bearish Thread Post by: afbitcoins on November 23, 2015, 11:35:54 PM Terrorists using bitcoin as money means bitcoin is useful as money. Is that meant to be bearish for bitcoin which is a form of money. Or am I missing the point? To me that is bullish. (And I'm not condoning how it was used before anyone tries that card) Title: Re: The Everything Bearish Thread Post by: ahpku on November 24, 2015, 12:06:10 AM Terrorists using bitcoin as money means bitcoin is useful as money. Is that meant to be bearish for bitcoin which is a form of money. Or am I missing the point? To me that is bullish. (And I'm not condoning how it was used before anyone tries that card) Well see, you don't quite get how this world works. Sure, drug dealers using bitcoin as money gives bitcoin a temporary boost, as does its use by kidnappers and extortionists and pedophiles. Caveat: the boost is temporary, like a snort of shitty crank bought on DNM. All this monetary hooliganism doesn't win bitcoin any friends. No. It provokes righteous anger from the powers that be, the same powers-that-be which bitcoiners have been taunting from the git-go, like aspy little purse dogs yapping at a sleeping mastiff. Is it any wonder that mainstream media shows you no love? Retarded outbursts like "terrorists use our tokens? This is actually good for bitcoin!" That's why I won't shed a tear when your pedo-pesos are banned in EU, and why I'll smile while thinking about bitcoiners getting For four years. Flat time. In Siberian gulags, where y'all belong. :) Title: Re: The Everything Bearish Thread Post by: afbitcoins on November 24, 2015, 12:20:22 AM Terrorists using bitcoin as money means bitcoin is useful as money. Is that meant to be bearish for bitcoin which is a form of money. Or am I missing the point? To me that is bullish. (And I'm not condoning how it was used before anyone tries that card) Well see, you don't quite get how this world works. Sure, drug dealers using bitcoin as money gives bitcoin a temporary boost, as does its use by kidnappers and extortionists and pedophiles. Caveat: the boost is temporary, like a snort of shitty crank bought on DNM. All this monetary hooliganism doesn't win bitcoin any friends. No. It provokes righteous anger from the powers that be, the same powers-that-be which bitcoiners have been taunting from the git-go, like aspy little purse dogs yapping at a sleeping mastiff. Is it any wonder that mainstream media shows you no love? Retarded outbursts like "terrorists use our tokens? This is actually good for bitcoin!" That's why I won't shed a tear when your pedo-pesos are banned in EU, and why I'll smile while thinking about bitcoiners getting For four years. Flat time. In Siberian gulags, where y'all belong. :) Interesting and eloquent, thanks for sharing Title: Re: The Everything Bearish Thread Post by: ahpku on November 27, 2015, 04:44:44 PM Money Launderer Sues Real Company in Kenyan High Court.
Safaricom takes its toys and goes home; BitPesa cries like a little girl, runs to Nanny State to make it all better. Quote from: http://www.coindesk.com/safaricom-and-bitpesa/
Title: Re: The Everything Bearish Thread Post by: ahpku on December 02, 2015, 06:10:11 PM Good News, Everyone!
From our burgeoning 'Let's get sushi... and not pay!' department. Title: Re: The Everything Bearish Thread Post by: ElectricMucus on December 02, 2015, 07:13:27 PM Good News, Everyone! From our burgeoning 'Let's get sushi... and not pay!' department. The GAW scam is 100% a bitcoin thing, in the sense that about ever last sucker comes from this community. Bitcoiners are the most scammable people out there, except perhaps the ones responding to Nigerian prince spam. But not by much. Title: Re: The Everything Bearish Thread Post by: Bamsed on December 05, 2015, 08:29:24 AM Good News, Everyone! From our burgeoning 'Let's get sushi... and not pay!' department. The GAW scam is 100% a bitcoin thing, in the sense that about ever last sucker comes from this community. Bitcoiners are the most scammable people out there, except perhaps the ones responding to Nigerian prince spam. But not by much. It is actually good news for bitcoin if all those scammers are removed from the bitcoin world. There are too many scams out there. Title: Re: The Everything Bearish Thread Post by: ahpku on December 05, 2015, 08:21:38 PM Bitcoin Businessman Nabbed in Thailand
From our burgeoning 'Let's get sushi... and not pay!' department.
Title: Re: The Everything Bearish Thread Post by: hunnaryb on December 06, 2015, 07:31:07 AM Bitcoin Businessman Nabbed in Thailand From our burgeoning 'Let's get sushi... and not pay!' department.
This is actually some what good for Ross. And probably somewhat good for bitcoin. Title: Re: The Everything Bearish Thread Post by: ahpku on December 08, 2015, 04:41:01 PM Bitcoin Foundation 'Close To Running Out of Money'
From our 'There is no joy in Mudville' department The Bitcoin Foundation is broke, claims the foundation's alleged child molester (http://arstechnica.com/business/2014/05/some-in-bitcoin-group-resign-over-new-board-members-link-to-sex-abuse/) chairman Brock Pierce (http://www.hollywoodreporter.com/news/bryan-singer-sex-abuse-case-699828). Foundation executive director Bruce Fenton said at the October meeting: "We need to do serious fundraising ... Revenue is key, we can't do much more to cut expenses." The foundation currently employs two part-time staff. Pierce tried to rally his board, underlining the seriousness of the foundation's financial problems: "We are the Foundation, we have no resources, this is us, if you don’t like the foundation as it stands, you don’t like yourself ... each board member should be prepared to do the work themselves, to keep the Foundation going." BITCOIN FOUNDATION
The foundation currently employs 2 (two) part-time staff. Title: Re: The Everything Bearish Thread Post by: ahpku on December 14, 2015, 02:26:10 PM Bitcoin Isn’t Eliminating Intermediaries, They Said
Or how banksters waste your money to 'research' shit any child could have told them for free. A new Deutsche Bank Research report suggests the bitcoin network is in some ways failing to live up to its original vision. "The original idea of bitcoin – to create a peer-to-peer scheme that is independent of intermediaries and central agents – is to some degree being overhauled by real life. The bitcoin ecosystem now includes a number of financial intermediaries, like wallet providers and exchanges, and these show a trend towards concentration." Title: Re: The Bearish News Thread Post by: ahpku on December 16, 2015, 02:26:37 PM Two [more] Board Members Exit as Bitcoin Foundation Seeks Funding (http://www.coindesk.com/harper-janssens-exit-bitcoin-foundation/)
... After blowing through all teh doh and some high-profile resignations,[1][2][3][4] the Bitcoin Foundation is effectively bankrupt (http://cointelegraph.com/news/113873/bitcoin-foundation-is-effectively-bankrupt)... 1. "Effective immediately, Mark Karpeles has submitted his resignation from the board of directors." (https://www.cryptocoinsnews.com/breaking-mark-karpeles-resigns-bitcoin-foundation/) 2. "I can no longer have even the smallest association with the Bitcoin Foundation"--Andreas M. Antonopoulos (https://www.cryptocoinsnews.com/breaking-mark-karpeles-resigns-bitcoin-foundation/) 3. "I am guilty of nothing and have never been convicted, or even charged, with a crime."--Brock Pierce (https://www.cryptocoinsnews.com/andreas-antonopoulos-leaves-bitcoin-foundation-complete-lack-transparency/) 4. "I resigned within 2 hours of returning home from prison."--Charlie Shrem, back in prison (https://www.cryptocoinsnews.com/andreas-antonopoulos-leaves-bitcoin-foundation-complete-lack-transparency/) Bitcoin Foundation 'Close To Running Out of Money' From our 'There is no joy in Mudville' department The Bitcoin Foundation is broke, claims the foundation's alleged child molester (http://arstechnica.com/business/2014/05/some-in-bitcoin-group-resign-over-new-board-members-link-to-sex-abuse/) chairman Brock Pierce (http://www.hollywoodreporter.com/news/bryan-singer-sex-abuse-case-699828). ... BITCOIN FOUNDATION
The foundation currently employs 2 (two) part-time staff. Update: Kenyan Court Upholds Bid to Keep Bitcoin Startup Off M-Pesa (http://www.coindesk.com/kenyan-court-upholds-bid-keep-bitpesa-off-mobile-money-platform/) SFYL Elizabeth Rossiello, CEO and co-founder of BitPesa! Money Launderer Sues Real Company in Kenyan High Court. Safaricom takes its toys and goes home; BitPesa cries like a little girl, runs to Nanny State to make it all better. Quote from: http://www.coindesk.com/safaricom-and-bitpesa/
Title: Re: The Bearish News Thread Post by: ahpku on December 21, 2015, 02:34:15 PM Update to update:
Chairman Bruce Loses Faith In Public Elections. "I used to believe that public, open elections were a great thing. I'm not as convinced now." (http://bitcoinfoundation.org/forum/index.php?/topic/1370-member-elections-and-governance/) Quote from: http://bitcoinfoundation.org/forum/index.php?/topic/1370-member-elections-and-governance/ After shitcanning dissenting members and [url=http://bitcoinfoundation.org/forum/index.php?/topic/1366-board-seat-appointments/#entry14451]canceling elections[/url], Fearless Leader waxes philosophical: Shit you not, friends, that's a direct quote. "Let's take a step back and challenge our assumption that public elections are the best governance method: Do we have evidence that public elections lead to better effectiveness in organizations? Do we have evidence that our format works or has worked better than other formats? Has our structure served us and Bitcoin as effectively as it could? Are the other organizations in our industry or other industries benefited by public elections? Has our format helped us do more for btt than any other format would have? Most non-profits do not have elected boards. Are they doing the right thing or is our method better than theirs?" Two [more] Board Members Exit as Bitcoin Foundation Seeks Funding (http://www.coindesk.com/harper-janssens-exit-bitcoin-foundation/)
... After blowing through all teh doh and some high-profile resignations,[1][2][3][4] the Bitcoin Foundation is effectively bankrupt (http://cointelegraph.com/news/113873/bitcoin-foundation-is-effectively-bankrupt)... 1. "Effective immediately, Mark Karpeles has submitted his resignation from the board of directors." (https://www.cryptocoinsnews.com/breaking-mark-karpeles-resigns-bitcoin-foundation/) 2. "I can no longer have even the smallest association with the Bitcoin Foundation"--Andreas M. Antonopoulos (https://www.cryptocoinsnews.com/breaking-mark-karpeles-resigns-bitcoin-foundation/) 3. "I am guilty of nothing and have never been convicted, or even charged, with a crime."--Brock Pierce (https://www.cryptocoinsnews.com/andreas-antonopoulos-leaves-bitcoin-foundation-complete-lack-transparency/) 4. "I resigned within 2 hours of returning home from prison."--Charlie Shrem, back in prison (https://www.cryptocoinsnews.com/andreas-antonopoulos-leaves-bitcoin-foundation-complete-lack-transparency/) Bitcoin Foundation 'Close To Running Out of Money' From our 'There is no joy in Mudville' department The Bitcoin Foundation is broke, claims the foundation's alleged child molester (http://arstechnica.com/business/2014/05/some-in-bitcoin-group-resign-over-new-board-members-link-to-sex-abuse/) chairman Brock Pierce (http://www.hollywoodreporter.com/news/bryan-singer-sex-abuse-case-699828). ... BITCOIN FOUNDATION
The foundation currently employs 2 (two) part-time staff. Title: Re: The Everything Bearish Thread Post by: ahpku on January 14, 2016, 10:39:43 PM The Belated Awakening
[Ex]Bitcoin core dev Mike Hearn is done with Bitcoin. But not you. Oooh no, YOU know better ::)
Before the fiddlers have fled.. Title: Re: The Everything Bearish Thread Post by: ahpku on January 18, 2016, 02:19:25 PM Bitstamp Bans Access from Russia "Temporarily"
"Russian users of popular Bitcoin exchange Bitstamp are struggling to gain access to their trading accounts, due to the company’s decision to temporarily [Hahahahaha -ed] block access from all Russian IP addresses. According to the database of FSSCIM, as of January 18, 2016, Bitstamp is granted full access and there are no pending attempts to restrict access to the site." “To ensure compliance with the new regulatory regime, protect affiliate service providers, and most importantly – protect our valued customers in Russia – Bitstamp has decided to temporarily block access to its website from Russian IP addresses until we can assess the situation with more clarity.” It has begun! Russian Bear Fed Up With Bitcoin Bullshit Russia's Ministry of Finance has developed a new version of its proposed law that would seek to both outlaw and apply criminal penalties for activities involving digital currencies, according to a report by Russian news source Interfax. Citing sources from within the Russian government, Interfax reports that acquiring, selling and distributing cryptocurrencies would be punishable with fines of 300,000 rubles ($4,574) or through up to 360 hours of correctional labor under the new bill. Should such infractions be committed by an agency or group, the fines for such activities would increase to 500,000 rubles ($7,623). Title: Re: The Everything Bearish Thread Post by: ahpku on January 19, 2016, 01:29:21 PM So Long, And Thanks For All The Fish!
Coinbase US Government Liaison Leaves for Banking Role http://s22.postimg.org/z61hqbim9/banksyrat.jpg "It's been a fantastic opportunity working with each of you on some of the more interesting and timely issues in tech and finance today." Hahahahaha :DTitle: Re: The Everything Bearish Thread Post by: ahpku on January 19, 2016, 02:40:07 PM Not Funny, Misleadingly Titled, Not Bearish And, Worst Of All, Long.
Rad it anyhow. All the way trough. (http://www.coindesk.com/danger-blockchain-monoculture/) http://www.coindesk.com/danger-blockchain-monoculture/ Title: Re: The Everything Bearish Thread Post by: zby on January 22, 2016, 04:30:58 PM Chinese government warned about MMM: http://english.caixin.com/2016-01-19/100901352.html
Title: Re: The Everything Bearish Thread Post by: ahpku on June 06, 2016, 12:53:09 PM Bitcoin Helps The Really, Really Ill
Yet the $10,000 a month BTC limit remains a stumbling block for the critically ill sufferers who routinely smoke $10,000 of life-saving weed per week. http://www.coindesk.com/bitcoin-atms-gray-areas/ "Bitcoin seems just as popular as a payment method for marijuana purchases in Colorado. According to an associate at a dispensary in Colorado Springs, a city that only allows medical marijuana sales, one customer comes in weekly and purchases marijuana using bitcoin. Another sales associate was unclear what merchant processor the dispensary uses to accept the bitcoin payments, but she said that there’s a $10,000 limit for bitcoin transactions per month. Notably, she said the customer routinely spends this amount in a given week." One could only hope ObamaCare covers the $40,000 per months :( |
