I don't agree that bitcoin is pump and dump scheme.These price fluctuations are normal and can happen with any coin or stakes in any market.The prices are not overly increasing or decreasing rather it is gradual dip.Every time the prices gets the big correction the people tends to go negative rather thinking of making something out of every situation that they get.
The company had promised up to 40% returns on investments the police further claimed. The gang has duped the investors of over Rs 300 crores. We are verifying the documents,” a police officer was quoted as saying by News 18. Rahul Dravid, former Indian cricket team captain, alongside badminton icons Saina Nehwal and Prakash Padukone are among the high-profile individuals who have been allegedly tricked by a Bengaluru-based Ponzi scheme, according to News18. The high profile athletes are among 800 others, including well-known figures from the field of art, cinema, politics and commerce; all of whom seem to have been deceived by a firm called Vikram Investment Company according to the Bengaluru City Police. https://www.msn.com/en-in/money |
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The PAF fighter jet was 10 minutes away from Delhi..  |
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Agreed ,It’s very unlikely Bitcoin fits this description because Bitcoin offers value as a form of money using the, Bitcoin sufficiently solves the problem of reaching a consensus among a network of untrusted peers, allowing for funds to be quickly transferred to anyone on the planet without trusting a 3rd party. Bitcoin is the first payment system to accomplish this.
$1,000 to $20,000 in 2 years. $20,000 to $6,500 in 4 months offers what kind of value ?? |
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Looks like 300,000 Bitcoins will be sold.
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Earlier, Goldman Sachs and Bank of America, as giants of the investment banking business, negatively spoke about the crypto-currency and block-banking as a whole, and consider investing in this sphere potentially dangerous
Those investment giants were saying Silver price will fall and Silver fell to $9/ounce. They are slaves of stock markets. |
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well you are 100% correct on this, it is a common strategy in use to attract investors, and wonder why so many people who trust bitcoin, but this kind of thing has happened very often.
with $3,000,000,000,000 needed to move gold price by 10% since it is universal, gold looks the most legitimate and honest investment. See my "Twitter page" below for the fastest gold and silver price updates, news, top bullion dealers, events and more.. |
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Base on what I learned here in bitcointalk and understand, Probably not. A pump and dump scheme is a fraudulent operation where the operators own lots of a low-valued stock or commodity, and use mass advertising to lure large amounts of money from new investors, which in turn inflates the price. Once the commodity has reached a sufficiently high price, the operators “cash out” by selling all their holdings, which causes the commodity’s price to plummet, and the later investors lose most of their invested money.What do you think ?
Yes, what you have written applies to Bitcoin 100%. Bitcoin has been choosen my rich scammers/millionaires as a means to enter the billionaires club by doing nothing. HSBC was involved in $100,000,000,000 money laundering scam so $50 billion for a pump and dump scheme/ponzi looks highly possible. Invest $10,000,000,000 illegal money, all those technology talks and hype/dreams. Bitcoin $1 to $10,000 in 9 years says everything (super-HYIP) Read my "Twitter page" below to know all the details and much more.. |
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Have many new plaftom with advanced technology than Bitcoin. Faster, cheaper, and have many application. I think Bitcoin will die next years !!!  Yes. Now there are 80% less searches for Bitcoin and crypto currencies on google and search engines. People are banning bitcoin in a way. Read my "Twitter page" below for the biggest digital currency worldwide |
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Nice point there, bitcoin was able to survive and grow even after so many accusations. This is because these are just foolish accusations. If a terrorist organisation is suing bank services, should we shut down all banks ? If criminals start using PayPal for transferring money (which is done as many illegal things are sold in dark web through PayPal) ., should we close this awesome company. There is no fault of bitcoins in any person or a particular group of person is using it for illegal activities. We should catch those people.
If terrorists buy $25,000 bitcoins and price goes up from $1,000 to $10,000, now terrorists have $2,500,000 because of greedy gamblers and rich scammers. If the price falls 10 times, terrorists will have $2500 |
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Bitcoin $1 to $10,000 in 9 years is also dangerous because terrorists, drug dealers and criminals must also be mining or buying Bitcoin since it is decentralized.
50,000 % profit for Bitcoin has given $200,000,000 to North Korea and $30,000,000 to ISIS & ISIL. Bitcoin at $100 looks OK.
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The most dangerous work is to be a bad handler like snakes and crocodiles, because the animal's emotions can vary all the time.  Fishing. That day on "River Monsters" Jeremy Wade said "a man fishing in the river was killed when he fell down after being pulled by a 25 Kilo Salmon fish. The fish dragged the man into deep waters" Look at those 100 kilos to 400 kilos big fishes (tarpans, Goliath tiger fish, Gropers, Marlin/Sword fish and many others) with all the hardware. |
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I have 11 followers on Twitter and I started posting 4 months back. How it that ?? if that is good, it is what you post/write on your Twitter page that brings followers  |
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If so, we (cryptocurrency community) should criminalize Russia and Putin!
Some day his evil regime will fall and prison of nations will collapse!
Try it |
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this ground breaking analysis is going to make a big difference.... you are the first person in over 9yrs to suggest this and give such convincing evidence.
i just sold my crypto stash thanks for the heads up. You should see my Twitter page (below) for more hypes/lies about bitcoin and final blow to bitcoin |
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So, you can trade it as a commodity, but you cannot use it as a currency? These governments need to make up their bloody
Bad days for bitcoin |
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Russian president Vladimir Putin is a bitcoin skeptic who wants cryptocurrency regulations in place “by July 1," according to the official government publication Parlamentskaya Gazeta.The regulations are part of the Digital Assets Regulation Bill, which is expected to set guidelines for cryptocurrency use in Russia. Separately, the Russian Ministry of Finance plans to introduce a law that will criminalize the use of cryptocurrencies as money substitutes.Elvira Nabiullina, head of the Bank of Russia, said she and the Russian Finance Ministry oppose the use of virtual currencies "as private money and money surrogates,” saying only the ruble can be used to pay for goods and services, Bitcoin.com reported. "There is the ruble, and everything else is a surrogate," she said. Nabiullina said the move to criminalize the use of bitcoin and other digital currencies as money substitutes is to protect the Russian ruble. "This is necessary to protect the ruble as the single legal [means of] payment in Russia," she said. https://www.investopedia.com/news |
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Yes, it's ending for you! if you guess the decrease of bitcoin price at any time and you think bitcoin will end, your frame of mind about bitcoin and crypto is still a bit.
Why did MtGox trustee sell 18,000 Bitcoins. He felt the sinking ship ?? |
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Notably, wallets associated with the Mt Gox trustee saw significant withdrawals between December and February - the period in which they were sold - including 18,000 BTC that was moved on February 5. As CoinDesk previously reported, that day saw steep declines across all cryptocurrency markets, pushing prices down roughly 50% from their 2018 highs. According to Kobayashi's report, additional liquidations could be coming, pending approval from the bankruptcy court. "I plan to consult with the court and determine further sale of BTC and BCC," he wrote. As it stands, Kobayashi is in possession of 166,344.35827254 BTC - an amount worth $1.7 billion at press time - as well as about $197 million worth of bitcoin cash. https://www.coindesk.com |
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