If bitcoin would crash the whole crypto market would probably follow. But we all know that it's not going to happen anytime soon. Price always goes up and down, it's natural in this market.
Nothing goes to zero, but lets be honest the majority of ppl here are get rich quick traders and once the 'easy money' gravy days of btc are over they will move along, how low will it go? Will it go to zero? Probably not, say 50% of the bTC out there came for free, so why sell for those folks? Lot's of the day trader' just came in during the last few years, thus btc could retrench to the $1000 low days, or $500, The +2000 other shit-coins, most likely 99% will go away, and only leave the strong, those with a good team and a good story, good code, and a good argument for existence, Right now is just like 1999 dot-com bust, +90% will be gone in a year BTC has too many problems to continue, but it can remain as a bank of the rich, where transaction are minimal and expensive, Easy money days are over, move along day traders find a new host to parasite. |
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The Sharks we're buying cryptos for quite a while now. They have positions large enough to affect the price in the short-term.
Once the options became available they bought the short side and then started dumping their crypto holdings.
They're probably making money on both ends. They bought below where they started selling, so that's a profit being booked.
Then they will make more on the contracts.
Their selling was enough to push the price downward and start a panic amongst retail holders.
IMHO now is NOT a good time for MORONS to be playing with 'fire'.
...
Like I keep saying the only sad outcome of all this is that the morons, will demand that the GOV protect the, and that will be the kiss of death for crypto's is having the cops run all the on-ramps and exits.
Given that BTC is NSA, and given that they have made it all too easy for idiots to make money in crypto, and now the same idiots will demand GOV to 'fix' the problem, GOV wanted to go to a cash-less society, planned all along, now they have proof of concept that nobody can deny, all they need now is Goldman-Sachs to step in and offer to 'police' btc and make it 'fair' for everyone.
It's time to move-along and play with crypto's that are not in the headlights of GOV or Zionist banks
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Two weeks ago Goldman Sachs took over BTC by way of introducing 'futures trading' which allows major sellers to cover losses when they sell billions of dollars of BTC.
All along it was predicted it would take 2+ weeks for the 'big whales' to figure out the 'futures' deal, and start exiting from BTC, in the past everybody feared a singularity exit would cause a collapse, now with 'insurance', nobody cares if the price drops, as you still get big money from your covered short on the futures market.
In the past 3-6 months many newbie morons have sold their houses, cars, and used the credit-card to BUY BTC, that's always telling when the morons step-in that its' over, and the guys holding this shit since 2012+ are not going to HODL forever.
Some transaction costs now approaching $150 to get out of BTC, it was only a year ago that the 'leaders' of BTC we're talking free transaction fee's for the world and that bitcoin would be the bank of the poor.
Now BTC is just a haven for the rich, and only the rich ( ppl with enough money that losing don't hurt ) can play.
***
Now to XMAS BTC will go down, next year it all depends how many ppl were HURT and how loud they complain for government regulation to make it all 'even'.
PPL who want to play BlockChain musical chairs ought to find a coin that is out of GOV GAYDAR, and just accumulate and wait/watch.
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was down at least 4 times today, avoid that pool... Why all the TZC pools are so terrible ? Is this the blockchain again ? blah blah blah This pool is pretty good http://pool.hashrefinery.com/Nice, really nice like nicehash, where they pay you in bitcoin ( which U will never see cuz u don't got the private key ), ... yep 99.9% of all the mining-pools on the NET are 100% scams This pool is a pool that only a mother that feeds shit to her own children could love. He they don't call them shit-coins, and shit-mining-pools for nothing  So why doesn't suprnova.cc support this shit-coin? Why has it been 5/10+ days and not a peep about supporting this shit coin? Is it because he doesn't like to diss ppl, but also he don't want to support criminal coins on his site? |
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was down at least 4 times today, avoid that pool... Why all the TZC pools are so terrible ? Is this the blockchain again ? VALID question. All the pools that support this coin are super sucky, and two mentioned here appear to be same,as they both generate the exact same ping sequence over ten runs, ;: hmmm aikia & xyz Been fussing with this coin for weeks, prefer to use suprnova.cc, but they appear to have dropped this coin, and don't appear to have any interest in making it work, Makes you think the core daemon has some serious problems? Right? Then u see all these storys here about wallets going zero, probably because the staking algo appears to write the wallet as its left open, some dangerous stuff here, have too assume the hackers are going crazy over this open-door looting center, I just want to mine some of this coin, I let the aika run a full 24 hours on a full rig, and got zero, coin and quit; never seen anything like this, its sort of like a black-hole to redirect mining power for lyra, which could explain why the 1/2 dozen bogus pools are really all the same person, and no legitimate pool seems to want to touch this coin, nor legitimate exchange, ;.... again hmmmmmmmmmm The DEV here seems to have THIN skin, and not want to take responsibility, IMHO POS always sucks, why even bother just to differentiate, or is this open wallet pos-pow two way door a future? Seems like the most common game these days is to just steal mining power, that's why I generally just stick with suprnova.cc they always pay out and never play games, like NICEHASH which was outright criminal, and now gone, ... DEV here better go honest with these problems, or he too will go nicehash |
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Please everybody knows that this is a BTC forum, and that ETH is a piss-poor clone of BTC, that is created by a 16 year old man-child with no hair between his legs. Then marketed by HUGE corporations that used the man-child as an icon;.
Let it go, downgrading the thread by mentioning Ether is like some kind of Scientology BS, again the thread here is about BTC, and ether is not, nor will it ever be BTC.
For the simple reason that good people created BTC, and BTC had no pre-mining, nor marketing, BTC is an organic evolution.
Ether on the other hand pre-mined 10Million coins, and has them all in a few hands, all the ppl who develop on github get nothing from GETH, yet on BTC the orginal ppl have been generous as 1,000's of people have coin on BTC, but again because all the ETH coin is in a few greedy hands, they have not even been willing to share with their own dev's, thus today the dev on GITHUB for ETH has been dead for years, while for BTC its flourishing.
The pre-mining model doesn't work, the bounty model, and mlm model, and all the token's is all bullshit, you want BTC, then U follow the BTC organic evolution by allowing 1,000's of people to do early mining and get coin, and share that coin with others.
Today all clones are greedy pre-mined BS,
If cloners really want to get rich, and duplicate the success of bitcoin, then they ought consider not to be greey and follow the ethererum model of greed, its clear that the Satoshi model if making ALL rich, and not a few is why BITCOIN is #1.
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That is not the problem of bitcoin, but the wallet's. Blockchain.info puts really high fees sometimes and there is no explanation why sometimes it is low and why it is not normal high. But just like the other people said already - Etherum is going to be better decision for transactions for you. I think soon all transactions are going to be provide in ETH due it's loyal fees.
Please everybody knows that this is a BTC forum, and that ETH is a piss-poor clone of BTC, that is created by a 16 year old man-child with no hair between his legs. Let it go, downgrading the thread by mentioning Ether is like some kind of Scientology BS, again the thread here is about BTC, and ether is not, nor will it ever be BTC. For the simple reason that good people created BTC, and BTC had no pre-mining, nor marketing, BTC is an organic evolution. Ether on the other hand pre-mined 10Million coins, and has them all in a few hands, all the ppl who develop on github get nothing from GETH, yet on BTC the orginal ppl have been generous as 1,000's of people have coin on BTC, but again because all the ETH coin is in a few greedy hands, they have not even been willing to share with their own dev's, thus today the dev on GITHUB for ETH has been dead for years, while for BTC its flourishing. The pre-mining model doesn't work, the bounty model, and mlm model, and all the token's is all bullshit, you want BTC, then U follow the BTC organic evolution by allowing 1,000's of people to do early mining and get coin, and share that coin with others. |
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https://bitcoin.org/en/faqWho is correct BTC.ORG the mother of BTC, or the shill whores trying to rob newbs and steal all their money?? Who is correct the people who spent 10 years creating bitcoin, or the assholes who just showed up in the past year to get rich??
Who is correct.?
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North Korean Govt have worlds best hackers and they might be holding huge amount of bitcoin also power hunger nation will try to be strong in Crypto space as well
They also printed the 'super dollar' the best counterfieiters on earth, Thus given their tech, why would they not clone BTC, and crack/hack and solve the NSA puzzle, Here's the deal NSA - ZOG banking created BTC, and they used it get FRB liquidity out in the world of the $20 Trillion since 2007 only $350 Billion USD went to BTC, IF&WHEN NK kills BTC, pulls the switch they could seriously destroy the uncle-sam, aunt-zoggie infinity printing press, and of course kill funding of Israel. No doubt that NK & IRAN are number one enemys on earth of ZOG? WHY cuz they're the only countrys that are NOT owned by goldman-sachs, the same GS that own TRUMP-POTUS. All the bots here on THIS FORUM are great at the normal ZOG demonization, but only morons buy their narrative. Hasbara paid college students, send them home. Please. .... What's the deal? Saudi/Israel OIL is gone, and that means PETRO-DOLLAR is dead, which means no more ZOG-BUCKS for Israel; North-Korea is sitting on oil reserves exceeding saudi, and rare earth minerals that create high-tech some 90% of the world arsenic/gallium is sleeping in NK. Thus all the worlds criminals are salivating on NK. |
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From the beginning of the year, bitcoin started with around $1,000 and it is about $17,400 now. Analysts have been busy trying to give reasons why bitcoin has continued to rise all these while not minding the kicks and attack it has been getting from different world personalities and countries. Having proved many financial pundits wrong all these while, it makes one believe that bitcoin is actually unstoppable.
Do you think that bitcoin will break another record of reaching $20,000 before the end of the year?
Just a few days ago on one of the exchanges it was trading at $22k, get a life, $20k btc, done that been there, |
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A Ponzi scheme is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned through legitimate sources
Is Bitcoin a giant Ponzi Scheme?
Another complete bull shit argument, do you know what a ponzi scheme is, when they sell you a product or a tree model how in the world is bitcoin a ponzi scheme, no one tells you to invest money, you do it for your personal greed and then come up with false argument that it's a ponzi, this is often spread by centralized banker's to keep Bitcoin enthusiastic away from it, stop falling prey to it. The bankers OWN BITCOIN, why would they tell U not get involved in the 'ponzi' The entire narrative of BTC is that it is anarchist, crypto, and anti-banker when in fact it is owned 100% by GOLDMAN-SACKS, aka ZOG IMF-BIS INTL BANKING, truth be told the entire narrrative by people like U is the big lie of BTC. |
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Here is the best answer, it might be, or it might not be, thanks might as well lock the thread I took care of it
Say it isn't true locked the thread?? BITCOIN SCAM 2018 Would even Make PONZI & MADOFF blush, there fixed it for you. PONZI was a local Boston operation, BITCOIN-BUBBLE is the worlds first "South Sea Bubble" mania to make the entire world insane all at once. |
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Bitcoin is not a ponzi scheme in the sense that bitcoin is an asset it have a value just like gold and other real estate. A ponzi is a scheme has no value and is a scam who are out to DUP their members. Bitcoin is a secondary currency and it value in the exchange market is rising on daily basis. You can use bitcoin to pay for goods and services.
You are absolutely right, we cannot say bitcoin a ponzi scheme it does not exists to scam people or users. It is a digital currency were we can use online it is not use to fraud. Though also most users interest in bitcoin to invest because of price increasing. Ponzi was a person, BITCOIN is software. What we can say is that 1,000's or PONZI-ACTORS are orchestrating a HUGE fraud in order rob millions of world citizens using BITCOIN as the conduit. PONZI traded stamps, and nobody blamed 'stamps' for his fraud, they blamed Ponzi, BITCOIN is anonymous so no person can be blamed this is why every criminal on earth is involved the "BITCOIN FRAUD BUBBLE" There fixed it for you. |
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There is no person or a company that controls bitcoin so it is not a ponzi scheme. There is no pyramid and referrals so there is no reason to be a scam. People are just investing because they want to. The cause of making it look like a bubble are those who panic selling for profitand it greatly affects the bitcoin reputation again.
It's parabolic since summer, experts call this a bubble, and they never end well. U can deny reality if you wish, but reality will still run you over like a deer in your headlights on the road BTC is a HUGE pyramid scam of bringing in newbs with bountys', MLM campaigns from 100's of exchanges, Everything about BITCOIN SMELLS like the 'historical shit' of all great bubbles before The defense of BITCOIN here by morons is like listening to scientologists defend their faith and LRon Hubbard |
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Tom, I expect more from an insurance salesman like you.
We all know that owing 21 bitcoins doesn't make anyone a millionaire. At today $1300, one would need 760.23076923 bitcoins.
The fact that people keep thinking about it terms of being a "millionaire" is a clever way to make people feel good about their 20 or less bitcoins. If you all want to become millionaires get out there and earn you money, and then buy bitcoin with it!
Most USA ppl have less than $500USD in bank Here on this forum "Millionaire" means >$500 USD in bank or bitcoin, ergo 'milonair' normal spelling here is just an indication of the level of stupidity. |
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Will Ethereum be able to do it?
Dude here is the Bitcoin section! Haven't you read that? Shill and discuss your altcoins somewhere else, but not here! No other coin will be able to catch up with Bitcoin! Were HTTP or TCP/IP the best protocols back in the days? No! But they were the first! Therefore first mover advantage, network effect play a very significant role here. It's the same with Bitcoin. Most of these will disappear over the next couple of years. And with sidechains, drivechains, Lightning network, cross chain atomic swaps most of the features of altcoins can esily be implemented and used for Bitcoin, with messing up the base protocol! Altcoins were and mostly testnets for Bitcoin in terms of the technological perspective! And from financial perspective they exist to make Bitcoin holders more Bitcoin! Simple is that. The sooner you realize that, the better! If the ethereum shills sent all their bots to code rather than shill ether would be #1, but sadly ethereum is 90% marketing, 5 % yellow'piss'white paper, and 5% code, and thats the problem, BTC didn't come #1 from marketing or bullshit, they were first, but mainly cuz 100's of guys worked their ass off for free long before anyone had any notion of getting rich. Problem folks is when a person works for riches, his heart is never in the game, good code comes from the heart not the greedy moron. The next BTC must be the same, it must come from Dev's on github that are serious about teamwork and resolving what ails bitcoin, with no pre-mining, and may the best software win. |
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maybe some new coin in the future which is laying low but it certainly wouldn't be ethereum or most of the coins that are currently on top of the market cap list because they are all with big supplies which is why they are on top.
but it is not impossible to see an altcoin that nobody hyped ever to grow big. maybe some new project that is not created yet.
I think bitcoin-z fits your bill, its got solid support on github, and native to this forum, and it can only go up, its bTC based with equihash mining, its everything a mother could want and no pre-mine, and no marketing cuz its a SW geek creation. |
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There was this guy which I think was a BBC staff. He went to Nort Korea to experience and see things. In the heart of the city condominiums also exist. What struck me is people use stairways as electricity is very unstable and they have bad experiences being stranded in elevators. Well actually it's been known even before that they don't have enough power supply and it includes Pyongyang. It is still possible that they are funding to mine cryptocurrencies but it should be outside Nokor.
i think that may be media FUD I concur, same ppl here say 'china banned bitcoin', same ppl here say NK bans laptops, ... Listen up, NK wants to modernize and over take the west, just like SK has already done with Samsung, Kim ain't stupid, Besides its too easy to hack BTC, kim is smart the achilles heal of US is to break the BTC machine right about the time the US Gov demands upon it for this new form FRB welfare redistribution of ZOG fiat. |
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Ethereum is over hyped and dead tech,
Most interesting are the z-coins, zen-cash is my favorite, easy to mine, which means, its like 2011 right now
BTG will be supported by china forever and its easy to mine
Sure LTC will be around, but not likely to go up much,
Lot's of good penny coin's, but most are just single guys in moms basement
Zen-Cash has really good marketing, and its founders have all been around the block, they're serious about solving problems,
BITCOIN Classic doesn't give a shit about the problems, these ppl are in denial, they're all rich, and they follow "if it work, then don't fix it model', which means that BTC is now just a bank for rich ppl, and will never be a micro-payment system.
There are +2,000 alt-coins, most are garbage and bullshit,
If you discount the ICO's and BOUNTY's and all the bullshit MLM shit you can cut out 90% of the shit, .. that leaves with a few solid people that are serious about scaling & privacy.
Team BITCOIN-CORE doesn't give a shit about privacy, they know that when google or FANG buys them out the entire reason is to SPY on ppl, thus they work hard to keep BITCOIN open for easy forensic spying.
Monero is cool, but its ECDSA is weak by design, if I wasn't bored of this shit I would fix MONERO problems and deliver a real privacy box that had equihash algo, ...
Enough said, is there a horse that will drink the water if I hold the bucket?
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I don't think there is any currently but the one that will be able to oust bitcoin from the throne would have to come with a different approach and technology maybe so that people would want to try them out than all the other altcoin variants of bitcoin and bitcoin itself.
Problem right now is that all the first gen crypto DEV-Man-Kids are fat dumb and lazy, somewhere in south-africa, or myanmar, is a child with a computer, who is willing to work, and he'll resolve the problem ( privacy and scaling ) and shoot crypto to the moon, .... until then we'll just along with btc the little train that couldn't go very fast |
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