Someone let him know that his comment is late. Bitcoin was created nearly a decade ago. And also someone let him know that Weight Watchers is a thing.
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Tone Vays price predictions are merely an extrapolation from the last bear market. He's admitted as much. So no genius there. Especially when he's saying the bottom lies "anywhere between $5K - $1300." Wow, such a narrow prediction. Yeah it could spike down through that entire range and back again in just one night. And people really pay money to follow this guy? But one thing he has not factored in to his prediction : the sizable $150B shitcoin market. That size a shitcoin market didn't exist back in 2014. And as Bitcoin price inches lower, more and more shitcoin money rushes back into the Bitcoin market, helping to prop up the price. It's like a hidden mega margin long, ready to rek fresh Bitcoin shorts any time.
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I just read the beginning of it and the guy is an idiot, he's a scammer and he would be correct if he was talking about 99% of the ICOs out there but his argument is analogous to sell your USD because most stocks are scams. Context is everything and he has ZERO context. Unless of course he is connected with a accumulation consort and is playing the FUD game. There's also a CNBC video somewhere (I saw it back in 2017) where Belfort says exactly this : "Well there would be no need for Bitcoin at all if you, me, anyone could download their favorite company stock and put it on a thumb drive." So much wrong with that statement it's hard to even know where to start. He's clearly an uninformed idiot when it comes to Bitcoin, not even yet at the Mt. Stupid level of knowledge. And he's confusing two very different things. Plus, you just gotta love the MSM. "Hey, let's get respected billionaires like Jamie Dimon, Warren Buffett, and Bill Gates to call Bitcoin a fraud. And if the public won't listen to them, then let's the get Wallstreet's greatest scammer Jordan Belfort to call Bitcoin a fraud too. They'll be hearing that it's a fraud from both ends of the spectrum!"
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Dan will die alone at altitude Dan's impatient to get to the summit of Ojos del Salado, Chile's mighty peak, which ~translates to Eyes of the Salty One Made a small modification to your pic, V8
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out-fucking-standing! praise Bob The guy in the middle is either a Libertarian or a Central Banker. Since he's stealing the wallets of both I'm betting on a Central Banker. Or a Media Mogul.
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feed from Breaking Bitcoin Bitcoin Splash? Crapcoin Cash? Logcoin [n] Dash?
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And that is being said by a guy that even if he's not Satoshi himself most people agrees he could perfectly had been. Additional layers are the only way to really scale orders of magnitude from here.
There has never been an IT system or application in the world that has been able to scale *without* secondary and tertiary layers. Even completely centralized ones. Any IT person, systems admin or programmer can easily tell you that. That's why these "single layer crypto" idiots need to rightly fk off. It's like arguing with a rocket scientist that rockets can be built without a propulsion system. Or that the earth is flat. It's condescension at best, lunacy and trolling at worst.
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Suffice to say, it wouldn't have become run away rampant predator capitalism if corruption hadn't be allowed to infiltrate the entire system. Even prominent hedge fund managers don't know what the fuck is going on anymore, nothing makes any sense. Some sanity would come back to the markets if:
1. Gov't needs to stop actively managing the markets through Fed and CB intervention (just look at the bond market, it's ridiculous.. comical. Who's fkn buying that shit?)
2. End stock buybacks - they used to be illegal, most people don't even know that
3. More transparency in corporate earnings reporting - end the loopholes and fuzzy accounting practices
4. CEOs and executives need WAY more accountability for company performance and earnings - quit rewarding them for bad behavior
5. Let the fucking equities market have it's bear market for gods sake. Quit propping it all up by tethering everything to FAANGs and then constantly goosing the FAANGs with CB fiat money
Confirmed : https://www.zerohedge.com/news/2018-07-01/amazon-alone-responsible-more-third-sps-return-yearAnd another striking fact: just the Top 4 stocks, Amazon, Microsoft, Apple and Netflix have been responsible for 84% of the S&P upside in 2018 (and yes, these are more or less the stocks David Einhorn is short in his bubble basket, which explains his -19% YTD return).
We're in a melt-up, and Central Banks are nationalizing the top tech corporations to keep the entire stock market propped up.
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Well, yes, sometimes the FUDster attacks can become so complicated (and possibly convincing because of it) that it confuses otherwise smart OG bitcoiners into the wrong behavior.
Considering that out of the roughly 20M+ Bitcoin owners around the world only about a couple hundred might even read this goofy WO thread (if they can even understand English). And out of those, pretty much everyone is a saavy Bitcoin vet who knows troll-created FUD when they see it. So no. The above statement is completely and patently false. Which is why the trolls here are wasting their time.
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Now I'm convinced that anunymint and realr0ach are just sock puppet accounts of the same person. Hey look, they're arguing!
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You have convinced me. I need to run the version from November 2010 when Satoshi was still involved. What version was that? Because that’s obviously the one true Bitcoin.
Sorry guys any transactions after 2010 are invalid. Anyone that says otherwise is just a Core shill.
The only version that is the one true Bitcoin is the pseudo code that Satoshi wrote in the white paper. Back when he was already mining.... in his mind. Get a version of that running and you'll have the purest form of his vision. /s P.S. - The only version of Linux that I run on my laptop is version 0.1 released on September 17, 1991 by Linus Torvalds. It's the purest form of his original vision, the one true Linux. Everything else that came after is corrupt and a piece of shit. 11 /s
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I will delete this post.
We've been waiting on you to delete all your posts. Followed by your account too.
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Blah blah blah more garbage ramblings
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The way I see it is, if you believe segwit is safe, then you have a bet opened against MP and co, anyone with power that doesn't like segwit basically, and this includes Jihan btw. On a long enough timeline if these forces collude you could lose that bet and then you are fucked, meanwhile if one holds 1coins then your btc is safe, and if Core ends up winning your btc is also safe. This gives you an incentive to keep coins in 1addresses already. Also if you need to "convince people to keep money in segwit addresses" for segwit to be safe it just shows it can't be safe, it's actually insane if that's the case. I dont know the technical details on this but i've kept my coins in 1addresses since segwit went live because of intuition. Any upgrades in bitcoin will always be controversial by default for whatever reasons, meanwhile no one is going to be able to defend going against the original format because the main point of bitcoin is always backward compatibility so who the fuck would be against that without being seen as an enemy. Therefore the default place to be is 1adrs.
Jihan Wu, Roger Ver, and the corrupt miners gang astroturfed this latest bullshit segwit FUD in order to scare Bitcoiners into using legacy addresses instead of SW. Purely because they are getting desperate now - coins aren't moving, and they need coins to move and they need all the transaction fees they can get. Plain and simple.
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Whatevs. BCH is not an attack vector. It is a Bitcoin-in-the-wings, awaiting the day that the masses realize that its fundamentals are better than BTC's. BTC zigged, BCH zagged. Neither are satoshi's immutable protocol (haha - nod to Shelby). I prefer the zag - that's all.
Ain't ever going to happen, because the fundamentals of BCH aren't better. Keep dreaming tho... unicorn fantasies are good!
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A 51% attack will never happen. The miners would never do it because they know that would be the end of the crypto world, and all their investments would turn to dust.
So.... checkmate concern trolls?
Again with the name calling. It is not useful. Not even to you. There are many powerful people who want to see bitcoin die. I know you know this. Want is a childish way to think. Which would be fine if it didn't matter, you do you etc. But emotions do not dictate physical reality. It is counterproductive.
It's so easy to destroy you with your own inane blather, Ibian.
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A 51% attack will never happen. The miners would never do it because they know that would be the end of the crypto world, and all their investments would turn to dust overnight.
So.... checkmate FUD'ing concern trolls?
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But if most altcoins are scams then that would mean there is almost 135b dollars propping up all these alt-coins. That's more than half of all the money in crypto, how am i supposed to believe that 60% of all the money in crypto is that clueless and invested in scams?
I can create a cryptocurrency with 100 million dollar market cap with $1. 1. Create crypto 2. Pre-mine 100 million coins 3. Wash trade a single coin on a shady exchange in Korea or China for $1. 4. Boom, $100M market cap.
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You’re just pissed off because the facts make you look as stupid as you are. You fell flat on your face for the Core scam.
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All shitcoins are slowly bleeding back into Bitcoin on every dip. Deal wid it.
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