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121  Alternate cryptocurrencies / Mining (Altcoins) / Re: GPU miners still buying cards? on: June 07, 2021, 03:14:31 AM
the 3070ti and 3080ti come out today.

they are crippled for mining eth.

so maybe don't buy cards for a while.


the NewEgg Shuffle is all 3080ti's

https://www.newegg.com/product-shuffle
Years ago we really have some professional modders that can make quadro cards works like normal gtx970 or so with just normal driver modding why is this difficult today? I don't know why Nvidia is doing all this when GPU mining is the main reason they are selling hard

Well the reason is that 'gamers' are the 'marketed' reason for the GPU boards, they're essentially designed to game, that why they have 3-6 HDMI ports on the card; Right now the gamers are pissed, they can't find a GPU on earth at any price, the miners don't care because they only  see ROI; So essentially the entire hobby, and the entire food-chain of developers of games goes on hold, which means that an entire multi-billion USD industry is destroyed. Certainly would have been better if some six years ago that NVIDIA just came out of 'gpu mining' cards but they didn't they stayed with the gaming roots.

Now everybody is pissed off at NVIDA,

Of course intentionally crippling cards is really bad business, this is going to hurt the gamers eventually as they cards will have no value, so the upgrade path for gamers will essentially be destroyed, its almost like the US-GOV is making decisions for NVIDIA, I mean its that incompetent, like as if FAUCCI ran NVIDIA at night after managing COVID by day.
122  Alternate cryptocurrencies / Mining (Altcoins) / Comparing HDD mining to GPU mining - Manufacturing Demolition is about Same-Same on: June 07, 2021, 03:04:57 AM

Right now its comparable with mining ETH; Say right now for every 400 plots you can make $10/day, about the same as  +200MH rig of gpus, 1-2 weeks ago chia was $20/day, but so was ETH now its $10/day

Seems like all crypto is quickly less profitable this is not about price drop, as its the coin amount that has gone down, for instance +2 weeks ago my rigs did 0.01 ETH per day now its 0.005, nothing to do with price, the ETH just simply reduced miner fee's

WRT to chia the space growth has finally dropped from 8%/day to now 1%/day, but still not in decline.

Certainly if you don't have +500 plots your not in game, also lots of FUD right now with the 'portable plot' kluster-f*ck, the lies about pools, the new scam pools like chia-core, or just core-pool, as chia-net says nobody on earth can say 'chia seed' but them,

Well with GPU's your income comes & goes with miners moving around, but with chia, certainly space will continue to grow, first they said 'your plots are forever', now they say 'time to replot', this kills our nvme drives to re-plot, so certainly this scam will never end the rules will change by the hour, and when bram&hoffman are having their periods.

***

Comparing GPU to HDD mining, well GPU mining doesn't kill your hw ( keep it clean, dry, dust free , and keep power/temp < 70C )

HDD mining kills NVME drives, kill HDD drives which constantly have to be 'tested' everything about HDD mining well at least the 'chia model' is destruction of drives so that manufacturers can sell more product, funny thing as most have already excluded warranty for HDD-mining, but paid for the practice, most CHIA influencers on YT are paid by WD, ... Just like NVIDIA there cards sell out, so they punish miners by down-grading MH, go figure 'do what we say, so we may then punish you', this is of course psychotic.

If you 'plot' ( make a plot file ) on a HDD, you will kill the drive, so we use NVME drives pcie-4x16, nearest cpu; If you plot with SSD-sata you will kill them, chia is an enterprise business, yet the influencers still say 'bring your old hw to be destroyed, and then buy new', whats a mother not to like about the biggest multi-billion USD tech-scam to come along?

Once you have a 'plot' ( 108gb file of binary crap ), then you store on a 7200rpm enterprise grade HDD, because the process of mining ( farming they call it ) also destroys drives as they must be stress tested often to validate 'signature' of the plot, in fact already on HPOOL ( largest & only real pool, based in china ), they have found 500PB ( PB 1E15, about 100xch/day )  of 'fake plots', which have been banned.

Early plotting showed that NVME's could be destroyed with as little as 25% of TWB, so your 5 yr warranty for $200 NVME is kaput in 2 weeks. To date +2 months of dabbling in Chia, I have killed 2 HDD's, and 2 NVME's, about $600 USD loss in hw, funny if you think about hw death, then this scam is really a loss, the only winner is the HD manufacturers. I say this because its difficult to earn more than $500/month as a chia plotter/farmer. The problem to date was at a 8%/day growth rate of space now 18.1EB ( EB-1E18 ), that if you make say 24 new plots a day, then every week you fall behind 2x, the only way you can stay even is to grow your plot-farm 8%/day, which means that you would need to double your number of NVME drives every 9 days. Of course this isn't possible, because you can only say have one-thread ripper class machine to two NVME's @pcie1x16, random access. Which means 16-48 plots per day, but to stay even, you would have to buy third-ripper ( 32core, 64gb ram ) class machines to stay even, and the SSD's for OS,

I think most people set a goal of 100 plots, 500 plots, or 1,000 plots and then just quit. The 1,000 plot ppl can enjoy $30/day, which is comparable to one mining rig last month, but the problem is EB will grow, expect 100EB, but 1,000EB is possible. Which means that even the data-center people will end up with no ROI, and millions of $$$'s of dead hardware, that cannot be resold as everybody knows that anything 'chia farmed' is DOA, KAPUT, and Moidered.
123  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: See why most bounty hunters get scammed on: June 03, 2021, 10:22:32 AM
I believe the mistake most bounty hunters make is the failure to do research about a project. Most bounty hunters have favorite bounty mangers, so they just blindly trust this managers and participate in any project they release without doing research about the project.
You're right about hunters blindly trusting their research decision to managers they think they trust to do the due process for them. Sadly, truth remains that most of those managers don't do any due diligence on projects they take on, provided they're sure their fees will be paid. In fact, most times these BMs have even had to commence the job of managing the bounties upfront without getting payment. It's an act of desperation. This shouldn't be so. And these same ones will be quick to condemn Esau who sold his birthright over a pot of porridge. These managers who don't do due diligence and take up bounties because of the financial reward also have sold their dignity for a pot of porridge.

Do you believe in the free lunch? Certainly scammers know that only suckers think about the free-lunch;

Scammers need morons, and suckers always looking for 'free shit'; match made in heaven

FREE BITCOIN, ... yep, there's a guy handing out FREE BTC, all you got to do is send him your btc first, and he'll send you back 10x, works everytime
124  Alternate cryptocurrencies / Altcoin Discussion / CHIA NETWORK - Has Gone FULL RETARD Now Banning People for Posting GITHUB Bugs on: June 03, 2021, 10:15:08 AM
https://github.com/Chia-Network/chia-blockchain/issues

Well it had to happen, +1200 bugs not being addressed more coming in daily, what would a sw management team do? Hell yes, ban the bug reporters, problem solved.

https://github.com/Chia-Network/chia-blockchain

I know everybody is bored with this crypt shit-coin, but its fascinating, they're now paying for 1,000's of chia-influencers on youtube, and 100's of languages all claiming that you can get rich, using old hard-disks.

just search 'youtube' "chia mining", "Chia plotting", "Chia pools"; you will find 1st class production quality videos in every known language all on the same script

90% of the people using CHIA are new to crypto, this thing is a huge new scam opportunity for scammers, crypto the scam that never quits giving

Your telling me there is 'porn' on bit-torrent? Where do I signup?

https://github.com/Chia-Network/chia-blockchain/discussions/5837?sort=new

say what? The founders are hairballs?

https://github.com/Chia-Network/chia-blockchain/discussions/6359

Then there is this from porn king Bram Cohen ( godfather of CHIA ) - "Chia Miners aren't entitled to anything", when asked about where his 21M pre-mine went? and why to date that 'solo-miners' after two months have gotten ZERO XCH;

"Bram said he would take you places, he never said they would be good places"


https://www.reddit.com/r/chia/comments/nq0z97/decided_to_return_my_remaining_180_tb_of_drives/
125  Bitcoin / Bitcoin Discussion / Re: JP Morgan Likens "BITCOIN to FOOLS-GOLD" Say's $20k todays value on: June 03, 2021, 10:04:30 AM
In six months, they will say the opposite, I am sure of it.

WHY? IN the days BTC went down -50%, GOLD is up +10%; JPM muppets move like lemmings with the tide of 'winners', BTC is so yesterday, they had their day in the sun, the house will always win, don't worry about JPM,

HEADS they WIN, TAILS YOU LOSE
126  Bitcoin / Bitcoin Discussion / Re: JP Morgan Likens "BITCOIN to FOOLS-GOLD" Say's $20k todays value on: June 03, 2021, 10:01:02 AM
Did the quote in red was really said by JP Morgan? Because I am pretty sure that he was already dead before Michael Jackson was born. Also, don't believe what JP Morgan says because they are a bandwagon that doesn't really care about the people, they just want to manipulate the market.

Yes, JPM said I think 1907 during the great panic of that time that "ONLY GOLD IS MONEY, ALL ELSE IS CREDIT"


But I know the nimrods here think that btc is both gold&fiat, I had to make it clear that bitcoin's big 2^256 digits come from MJ's neverland.

In actuality it comes from the book ( also now a movie ) "the Little Prince", about an accountant who puts a number on every star, and then sells the stars, becomes the richest person in the universe, but I just thought to make it clear where those funny btc numbers come from ( ps I'm a computational math crypto physics person )

Mass insanity is not new, just study "Grand Popular Delusions and Madness of the Crowds" about bubbles from 300+ years ago, and the book was written in the 1800's

The greatest  story is sir issac newton himself was anti south-sea bubble first phase ( like first ten years of btc ), then he finally capitulated and went all in, lost his family fortune, and became a pauper, his dying words were "I can calculate the distance to the sun, but I fell for a common fools scam", during his day he was considered the most intelligent man alive.
127  Bitcoin / Bitcoin Discussion / Re: Bitcoin Exceptionalism: Why Should this Pyramid-Ponzi Not end Like all Others?? on: June 03, 2021, 09:53:36 AM
Mostly people see that alts is better than bitcoin because sometimes there are some projects that really performing in the market and can actually gives good returns in just a short period of time but not all always remember that mate..

This the common problem actually and  they don't see the difference and what opportunities that bitcoin have and how very skeptical it's when it comes making investment in alternative coins. For short they're blinded because of greediness.

Yes of course there are some alts that really make good profits than bitcoin.. But the question is how long it will last? Wherein despite you don't even know how genuine and strong its if we will make a comparison between bitcoin and alternative coins. for me its literally a gamble mate in my personal opinion..

No its like this BITCON at $38k  aint' gong to go 10x, or even 2x, but DOGE or SHIBA can easily 2x from 0.38; so the pools go for the penny stocks, while certainly in the scam land of BTC cultists, bitcoin is the BRK.A ( berkshire $3,000 stock )

U don't see the robinhood boyz play BRK.A, you see them play the small-caps where they can manipulate the price

Please don't mix the word investment & bitcoin, btc is gambling, during the COVID bull-run int-rates near zero lots of people moved into btc because it only went up, now it only goes down, so game is over until the next 4 year cycle bubble, if the shit-coin lasts that long ( I think not )
128  Bitcoin / Bitcoin Discussion / Re: Bitcoin Exceptionalism: Why Should this Pyramid-Ponzi Not end Like all Others?? on: June 03, 2021, 09:49:55 AM
Bitcoin has been around for over ten years and institutions are now starting to believe in it and they have also started to invest their money in it. We have seen a few of them investing their money in it and this is just the beginning of it. As time goes on we are going to see more and more of them that are going to start investing their money and the market will keep on growing. So I don't think what you have said here is going to be the fate of bitcoin.

Of course we do know that there are shit coins being developed almost every day, but that doesn't have anything to do with bitcoin, and it is even the more reason why a lot of people are going to be choosing bitcoin since it is one of the best cryptocurrencies that can be reliable. That's why it has the largest market cap and doesn't seem to be going down.

South-Sea bubble and Mississippi bubble also around +10 years, and then they weren't

Institutions have just took a -50% loss on BTC, and the quarter ain't over the suicides haven't begun, just wait.

Lastly the SSB, and MB, all resulted in 1,000's of promoters being murdered, and hung for promoting the bubbles.
129  Other / Meta / Re: Whats the point of this website? on: June 03, 2021, 09:46:18 AM
This website seems to be similar to reddit except with an older UI. It's obviously more focused on the topic of bitcoin but I can easily find a group on reddit to talk about bitcoin.

The forum is different from Reddit. The forum already has it name as bitcointalk. So it here we talk and promote Bitcoin. As a newbie it is important that you post this kind of trends in beginners and have. It is there before will be very patient to answer your question. But to see this kind of topic in meta will make some people not to be patient with you, even if you ask the question to learn. Finally, this forum is all about Bitcoin and other topics. There are many things to learn and to donate here about bitcoin, altcoins and other topics. Here you will also know the ideology of Bitcoin in other countries because many countries are here, contributing and promoting bitcoin business.
this website is very different from the others and this is clear if we can examine it, no excuse if on Reddit or other web/social media we can also get a discussion about bitcoin; then we likened the website to another website... come on friends.... try to think and be more mature so that we can know and understand better

Given the amount of censorship on this site, and given that the gods are bitcoin cultists, if not just plain nutz and defensive, I would say that essentially this site is  a circle-jerk, and they don't tolerate ppl who don't provide positive feedback of the mother shit-coin btc.
130  Other / Meta / Re: Who is the Last BTC developer left standing? on: June 03, 2021, 09:40:36 AM
All the developers moved on to other forums for discussion because Bitcointalk is full of spam and nonsense.
The forum is really not the best venue for development of software. A venue such as GitHub is really better that can track things such as Issues and improvement requests (pull requests). GH doesn’t have the ability to track things such as BIPs, but the Dev mailing list is a good venue to discuss these. If receiving emails from the Dev mailing list, you can pretty easily filter out messages from people who you don’t want to talk to, can filter so you only receive messages from who you believe are experts, and there is not the same incentive to write many messages/posts.

Yep, right, during the bitcoin-gold deployment I got banned for reporting bugs.

Now on CHia-Net I have been banned for reporting bugs, I enjoy rolling up my sleeves on these new shitcoins, and running them down.

Both of these above projects are same-same western management, chinese owned, and they all used indian sub-contractors in bangalore, the problem with github, as that the incompetent management simply silences 'bugs' when it cannot solve them.

I also disgree that finney and satoshi (NSA) used this forum, they were on usenet crypto-graphic forums, that was always the place for the experts.

This forum is a  honey pot for noobs and nothing else,




Well they still use github, and its the repository, and people can still shit-post on dicussions, and/or bug reports at github; I really don't think that many people are working on BTC anymore, most people have moved on to BTC 2.0, or 3.0

and what is BTC 2.0, or 3.0 if I may ask?

What in the hell is 'meta', this post was on bitcon-talk-discussion, but got moved to no-where, is this shadow ban, or is this where the gods go to retire?


Bitcoin Forum > Other > Meta

IMHO btc 2.0, is ETH, and BTC 3.0 is IPC ( newer internet protocol ), however they being better than btc, they still have lost track of the orginal finney-satoshi libertarian bent of btc

The general trend of all crypto is to suck phalloc of IRS, BIS, IMF, and KYC; Hell it appears that BTC-CORE can't get enough of uncle-scams back rubs.

[moderator's note: consecutive posts merged]
131  Alternate cryptocurrencies / Mining (Altcoins) / Re: GPU miners still buying cards? on: June 03, 2021, 09:33:38 AM
Smart people selling gpus now. Newbies buying it now. Then newbies will sell those cards later because it will paying pennies and not worth spending time. in this market is important entry time and exit time. it same like this you are carring bag and sell to another stupid Smiley and continues it then reverse it you buy same bag from stupid.It is same market like on the street you buy cheap on time you sell expensive on time. This rule of demand and supply.

Yes true, i sell some of my old cards for good money at the moment. I can´t understand people who bought cards for the double price, this cards will ROI in 2 or 3 years maybe, if you calculating right  Wink
In September 2020 i get 13x P106-100 for 700€, now i can sell it for 2500€  Cheesy

Well last summer I bought a RTX-3070's sets @less than $500 each, and I was making $20/day on each for awhile on ETH, so I was definitely getting paid back, and all my gtx-1060, I bought for $100 new ( mostly galax +3 years ago, all still running like champs ) of course at 25MHS paid themselves off very well, at $5/day, only took 20 days to pay off.

Again the problem is that none of this stuff is available anymore

I still run rigs, but the payoff now is 1/2 what it was two months ago, so even though ETH price is down, obviously tons of people are now mining ETH. But's still worthwhile to get a few ETH every month, ... why not.
132  Alternate cryptocurrencies / Mining (Altcoins) / Re: GPU miners still buying cards? on: June 03, 2021, 09:28:44 AM
Anyone still buying new GPUs on here? What's the actual price you are buying lately? I heard rtx3080ti and 3070ti are in the way, would make lots of sense if there is a way to get for MSRP or not too far from MSRP, right now I expect GPU demand to be lower compare to past months or am I wrong?

Yep, since I only buy RTX-3070's for $500, I buy all day long (NOT)


I only buy RTX cards, all else are now obsolete, people are now asking $2,000 for a $500 card and most of the time they are used with no warranty.

Now is the time to take  up a new hobby. Since I can no longer mine ETH with cards less than 5gb I use them to hack bitcoin.

Now the creeps have done the same thing to hard-disks, they have gone up 4x, and the ones you can buy are already dead 50% of the time.
133  Alternate cryptocurrencies / Mining (Altcoins) / Re: Obsolete gtx1060-3gb GPUS can find valuable BTC keys 250 MH/Sec, 1000TH on: June 03, 2021, 09:22:52 AM
You guys should stop whining, and start listening to him, his work is fine, and he is to,
start learning to program, or start providing answers, and stop banning him, and deleting his thread like that,
nough said


Amen to this.  Not sure why there is so much hate for btc-room's posts.  Clearly they are more technical and over a lot of peoples' heads, yet many people love to argue.  None of these concepts are new, this isn't an invention of his imagination.  For people who are interested in learning, stuff similar to this has been discussed for years:  https://youtu.be/foil0hzl4Pg

https://github.com/brichard19/BitCrack
https://github.com/Telariust/pollard-kangaroo

And for anyone who doubts what he says, here is a 67 page post on bitcointalk:  https://bitcointalk.org/index.php?topic=4453897.0   Maybe go take out your aggression on these guys too.




NOT TRUE, bitcrack, and kangaroo search for ONE address ( private key pair ) at a time, here using the 8gb bloom filter, all 300MILLION BTC addresses are scanned on each cycle at 250MH/sec, so 250MH * 300M is 1,000TH equivalent of the other methods.


Nobody is doing this anywhere, the bitcrack method is 1 in 10e77 odd's of hitting a private-key match



This method is down to 1 in 10E18, if you apply a mining rig then you can find btc addresses in days, solo 1060-3 is weeks

If you run this method on racks of RTX-3070's can you can find btc priv-key pairs all day long.

...

SO bitcrack just randomly (guesses) a private-key, and then looks to see if it hit the address your looking for, your odds are the same as finding a lost electron in the known universe.

Pollard-Kangaroo requires that you estimate  the correct key with a space of 2^40, in essence you must already known some 80% of the private keys leading digits, otherwise it is useless, again it can only search for one private-key pair address at a time.
134  Bitcoin / Bitcoin Discussion / Re: You basically have to believe that JPM is behind the sale on: June 02, 2021, 08:38:26 AM
Isn't it weird that JPM embraced Bitcoin in June but has now changed its mind? Isn't it funny that this so-called expert predicted a collapse and then it occurred? Is it a coincidence? Not at all!
We think that JPM, with its massive financial resources, enforced a Death Cross and began a sell-off in order to get a cheaper price. Now, their so-called expert in London has claimed that the sell-off is not done and that he would buy-in at $25,000 per share. JPM appears to be manipulating.

Your thoughts?

Well this is what they do, and they should buy at $20k, but I think its going back to the pre-COVID price of $10k and even then it might not find support.

Somebody who bought at $66k is in a world of hurt right now, and at $22k, that's massive sucide, and at $10k, it will be full denial mode.

BITCOIN is worth what its backed by, which is bullshit.

...

Everybody knows that March 2000 to March 2021 rise was COVID stimmy check, and Musk types seeking >0 int-rates, ... and pension funds testing the waters, all the big-players having entered +$42K, have gotten their asses handed to them, their praying it comes back before end of quarter, of course if it goes down tons of head will roll all over insitutional finance worldwide, and they ain't coming back for more.

The soy-boys on this site with their 0.05BTC holdings is not what sent btc to $66k, and certainly guys like Musk used corporate loans to buy btc, so the losses are just loss of cash, its debt that isn't going away. Now everybody is expecting interest rates to rise, so there is no longer an argument to 'plug your money into btc for the rise', as the bear market is now a known-known, and it ain't going away. So its just a slow implosion now towards low $20's, then to the $10k's as seen last spring pre-covid trillions of easy&free money, which much flowed to bitcoin.

With no more 'free-money' on the horizen, sheep have no choice but to sell btc to buy beer&chips, an toilet-paper, and pay rent. HODL is the biggest lie in the Bitcoin scam vernacular.
135  Bitcoin / Bitcoin Discussion / Re: Tesla Competitor to Launch First Electric Car That Mines Bitcoin and Dogecoin on: June 02, 2021, 08:34:54 AM
Canadian electric vehicle maker Daymak has announced that Spiritus, the company's futuristic car that has not yet been launched, will be able to mine Bitcoin and Dogecoin while parked.
The 20-year-old also says it accepts pre-order payments in several cryptocurrencies, including Cardano. The investment financing campaign for this car, which started in March, was more than $ 350 million.
The cryptocurrency infrastructure awaiting Daymak registration will be integrated into the car's user interface.
The Daymak Spiritus, which has many features, in addition to being the first electric car to add cryptocurrency mining, also aims to become the world's fastest tricycle. Its first delivery is expected to begin in 2023.
Daymak co-founder Aldo Baiocchi says his company envisions a future secured by cryptography:
"We envision a future where your highway tolls, your parking, and your drive-thru order will be paid directly on the fly with crypto. Your online bills and your banking can be handled through the same software platform paid in crypto."
According to U. Today, Tesla CEO Elon Musk has recently shown interest in recycling the heat generated by extracting cryptocurrencies.
Last month, leading electronics maker Tesla suspended Bitcoin payments due to environmental concerns and met with public outcry.

Source: https://u.today/tesla-competitor-to-launch-first-electric-car-that-mines-bitcoin-and-dogecoin

The premise here is electricity is free. Sound's Italian, let's see already 0.30 $-KHW (europe), after resell to the 'charging-station' it will be $1-kwh, or more. Now Canada has cheap electricity, but not everywhere, but they already have plugs in the parking lots to keep you engine warm in the winter, so running a miner while parked, is not a new idea in Alaska, or Canada, or anywhere freezing cold in the winter. Hell the bitmain miner is a heater for the interior, besides being used  to commercially 'dry' cannabis in Canada.

There's a guy already doing this, has a whole rig (6+) RTX-3090's in his trunk, over a year ago, you can google / youtube it, I think this is a very old idea, probably as old as btc, given that you have to plug the bitch in when your not using it, I guess why not suck more power, can you imagine, say running a S19 (80THS) bitmain miner for BTC at 3,000-KWH, what the actual 'fueling' charge would be if you fact sucked the power to 'mine' btc, you know they charge more for power, cuz they can, and its how they make money, by reseller power as charging, via your credit card.

As always these types of articles say 'bitcoin' but by that they mean crypto, and most likely its a single toy GPU mining ETH Smiley Hell it would take a diesel generator to do 3,000KWH like you see on portable welding-trucks.
136  Bitcoin / Bitcoin Discussion / JP Morgan Likens "BITCOIN to FOOLS-GOLD" Say's $20k todays value on: June 02, 2021, 07:51:46 AM
https://finance.yahoo.com/news/bitcoin-price-crash-isnt-over-jp-morgan-105555648.html

They also say that institutions are done with btc, so that means now that only soi boyz with the 0.05 btc allowance,  can hodl, but no new money to raise the ponzi.

JPM also says that most people now trust only gold, because while btc lost +50% of value, GOLD actually went up.

"There is little doubt that the boom and bust dynamics of the past weeks represent a setback to the institutional adoption of crypto markets and in particular of Bitcoin and Ethereum. We note that the mere rise in volatility, especially relative to gold, is an impediment to further institutional adoption as it reduces the attractiveness of digital gold vs. traditional gold in institutional portfolios,"

"Only Gold is Money, All Else is Credit, but BITCOIN is an ethereal number in  Michael Jackson's 'Neverland'" - JP Morgan
137  Bitcoin / Bitcoin Discussion / Re: Bitcoin Exceptionalism: Why Should this Pyramid-Ponzi Not end Like all Others?? on: June 02, 2021, 07:47:29 AM
If you replaced the word "Bitcoin" with "Bitconnect" from your original post. Then this would make sense. Bitconnect was the first major ponzi scheme in the crypto space.

The only way Bitcoin becomes a ponzi is:
if Satoshi Nakamoto owns 51% of Bitcoin, he doesn't.
If 51% of the world's Bitcoin miners were controlled by one person or group, it hasn't.
If quantum computers attacked the network, no such computers until past estimated 2030.
If all of the world's governments banned cryptocurrency, it hasn't.
If we ran out of electricity, not in our lifetime.

SatoashiNAkamoto is NSA, believe me, they own btc

90% of btc is mined in CHINA, by the same ant-pool, running the same ant-miners, on the same ant-bitmain hw, but keep it up the 51% BS

QC don't exist

They don't ban, they just send the value to zero, and people flee btc

If the SHTF, there would be no power for anything, including your mobile to call your BF.
138  Bitcoin / Bitcoin Discussion / Re: Bitcoin Exceptionalism: Why Should this Pyramid-Ponzi Not end Like all Others?? on: June 01, 2021, 02:51:51 PM
Exceptional ponzi my arse, this is a run-of-mill, suckers ponzi, just like PT Barnum talked of how stupid the USA public is/was
139  Bitcoin / Bitcoin Discussion / Re: Is bitcoin difficult to understand on: June 01, 2021, 02:41:10 AM
At the beginning of my contact with Bitcoin I think it is very difficult to understand, because it is completely different from the current fiat currency system, breaking people's traditional ideas, for me, the best entry level method is to see the white paper written by Satoshi Nakamoto.

Clarification the 'white paper' was written in 1997 by BIS/IMF and called "How to build a digital bank"


The question begs to be asked, why didn't NAkamotoSatoshi (NSA) cite the 99% basis of his white paper? He doesn't even mention the mother paper, yet its 99% the same exact material, the only new was the solution to the double-spending problem.
140  Bitcoin / Bitcoin Discussion / Re: Everybody talking about digital currency like btc will replace fiat but question on: June 01, 2021, 01:42:31 AM
Based on the fact that gold is not easy to carry, gold cannot be cut indefinitely, "Bitcoin" transactions are all carried out online without being carried, and "Bitcoin" can be split indefinitely, the conclusion that "Bitcoin" can be used as a future digital currency is not To change the mechanism of the instability of the intrinsic value of "Bitcoin", it cannot be logically concluded that "Bitcoin" will be a currency or digital currency in the future.

"Only gold is money, all else is credit" - jp morgan

Today FIAT is GOV force, aka MURDER to back  the currency;

Largely the entire US-MIL, CIA, ... were all designed to enforce world wide exchange of the USD, its why you see panama, Iraq, Libya, columbia all taken out, their crime? Its always because they quit using the US Dollar for exchange.

Bitcoin is backed by nothing but bullshit, its a number, and the number is just like any other number, read the book the 'little prince' there's a whole chapter in there about a guy who sells numbers and is the richest man in the universe.

Now the bad news, BITCOIN is NSA; It's now 10+ years old the world now accepts digital-currency as a given, so yes the UN-NWO will soon release a FED-COIN, to the world for the 'children'.

How they will 'ban' bitcoin, its easy, NSA just publishes the backdoor info, or seeds it to hackers, like a Snowden release and overnight all 10K of the shit-coins evaporate, as they all essentially use the same NSA derived algos as BTC, e.g. SHA256, ... Secp256k1;

Most shit-coins today bend over back wards to WASH-DC to comply with KYC, like coinbase;

U think this wasn't all planned all along? These people MIL-INTEL plan out +40 years to stay in power.
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