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Soon enough some of the whales that own tens of thousands of bitcoins will start to think:
"Hmm, i see that this lottery ticket is on a bear trend since 1 year and a half, going strong on 2. Are the potential millions of dollars worth the wait (extremely risky) or i should just cash out and enjoy my life while i'm on my 20's-30's ?
This is a scenario to take in consideration. If this mentality sets in, goodbye Shi...Bitcoin! It's done...
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SOON...  DOOOOOM! And the DOOM has cameth... $10-$13 in the shitter Edit:  |
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Wake the fuck up and start dumping!!  |
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Bitcoin has taught me to hate money and want to die ... seriously ... i pray for cataclysm ...
Went long at $263 with 20x leverage ? |
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I did read the white paper back in 2013.
Sorry for going off-topic, I will stop this now.
You are being ignorant. Bitcoin became obsolete the moment Leocoin hit the market. Leocoin's anonymity is extremely advanced and if you didn't get to read Nisanth Chandran's Whitepaper on Ring Signatures of Sub-linear Size Without Random Oracles, then you have no right to even form an opinion. Technology advances very fast in the cryptocurrency space, so you probably missed the announcement of the decentralized market that is being currently integrated in Leocoin's cryptographic functions. A pseudonymous trust system for a decentralized anonymous marketplace. As you can clearly see here: "Trust transitivity As topological knowledge is partial, we resolve the projected trust between nodes through induction. Let t(A, B) denote the projected trust as seen by node A towards node B. Projected trust is then defined as follows: t(A, B) = w(A, B), if w(A, B) is defined t(A, B) = a Σ w(A, C) t(C, B) / |N(A)|, for C in N(A), if w(A, B) is undefined and w(A, C) > 0" These lines of code will change the aspect of trading goods and services forever. Buy Leocoin, shut down your computer and return after 2 years. I will be glad to welcome you to a whole new era. |
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Bull, it's for your benefit...  |
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Are the Bitcoin criminal scums done ?   |
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What we have here is some nice graphics pulled from the web and the wiki definitions of cypherpunk and cyberpunk put into some weird font. Then, we have the coin specs and an ipo request. There is no substance whatsoever. No purpose, no road map. Why are people buying this? We've a roadmap, take a better look to the op. Thanks for keeping this thread up btw. People are mature enough to make their decisions, any coin it's a trouble, if you know how to play you can make profit, if you don't you're going to lose your investment, this is the market. Who has invested knows what is doing, we're not promising richness to them, but if the community is strong we're able to make good things with cypher. Hope at least you'll mine cypher so you could have a chance to make profit, but only if your a good player. And thank you even to make people aware. Op update with a new pool available at the launch https://cyp.coin-miners.info/Translation: "any coin it's a trouble, if you know how to play you can make profit" = We are a pump and dump group that contacted loljosh to make us a shitcoin. "we're not promising richness to them" (ROFL) = We will dump on your stupid heads if you become too greedy I love the honesty in the message above. |
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I start feeling that I care less and less about the daily changes in bitcoin price... I feel as though it won't matter in two years, because my coins (well, my 1/6th of a coin) will be worth at least twice what I bought them at ($280-ish). Now, I'm watching the market with not a care in the world. I feel a bit liberated. Time will tell if I'm wrong.
LOL  |
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I have yet to see the price of a Bitcoin going up organically.  Conclusion : If you are not flash buying, this shitcoin simply doesn't go up (its tendency is to go into abyss). You start to think that Tim Draper, Winkle and Friends are just pumping fiat in this so they won't lose value on their hundreds of thousands of bitcoins. |
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With the bankruptcy of the Bitcoin Foundation i can definitely picture Gavin Andresen and Gregory Maxwell producing some of the best pump and dump pyramid/ponzi schemes around the altcoin sphere. Don't underestimate the power of hunger and the temptation of getting rich over night. Coding for second hand patatas fritas and rancid beer while looking like you had your last shower on New Year's Eve can only take you so far...  DigiDashNautilusBitcoinDarkLite is getting closer and closer to reality |
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SOON... DOOOOOM! |
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^^^^  |
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"Even before this, David Chaum, an American cryptographer, had been investigating what it would take to create electronic cash. His views on money and privacy led him to believe that in order to do safe commerce, we would need a token money that would emulate physical coins and paper notes: specifically, the privacy feature of being able to safely pay someone hand-to-hand, and have that transaction complete safely and privately.
All of this interest and also the Netherlands’ historically feverish attitude to privacy probably had a lot to do with David Chaum’s decision to migrate to the Netherlands. When working in the late 1980s at CWI, a hotbed of cryptography and mathematics research in Amsterdam, he started DigiCash and proceeded to build his Internet money invention, employing amongst many others names that would later become famous: Stefan Brands, Niels Ferguson, Gary Howland, Marcel “BigMac” van der Peijl, Nick Szabo, and Bryce “Zooko” Wilcox-Ahearn.
The invention of blinded cash was extraordinary and it caused an unprecedented wave of press attention. Unfortunately, David Chaum and his company made some missteps, and fell foul of the central bank (De Nederlandsche Bank or DNB). The private compromise that they agreed to was that Digicash’s e-cash product would only be sold to banks. This accommodation then led the company on a merry dance attempting to field a viable digital cash through many banks, ending up eventually in bankruptcy in 1998. The amount of attention in the press brought very exciting deals to the table, with Microsoft, Deutsche Bank and others, but David Chaum was unable to use them to get to the next level. At one point Microsoft offered Chaum $180 million to put DigiCash on every Windows PC. But Chaum that it was not enough money, and the deal fell through, and Digicash ran out of money.
Second Wave – Web Based Money
On the coattails of Digicash there were hundreds of startups per year working on this space (ROFL @ the similarities), including my own efforts. In the mid 1990s, the attention switched from Europe to North America for two factors: the Netscape IPO had released a huge amount of VC interest, and also Europe had brought in the first regulatory clampdown on digital cash: the 1994 EU Report on Prepaid Cards, which morphed into a reaction against DigiCash.
Yet, the first great wave of cryptocurrencies spluttered and died, and was instead overtaken by a second wave of web-based monies. First Virtual was a first brief spurt of excitement, to be almost immediately replaced by PayPal which did more or less the same thing."
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Not the first time i'm reading this story, but now it makes much more sense.
Edit: Dgicash started in 1990 and died in 1998 (bankruptcy), because nobody gave a shit about it, other than some companies like Microsoft and Friends.
Grandpa Bitcoin is celebrating almost 7 years of existence and from what i see, it lives in the same obscure environment as Digicash.
Maybe you should start realizing that 7 Billion people really don't give a fart about cryptocurrencies.
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This Trojan Bull was filled with Bears...  We'll meet at the bottom, you bunch of failures. DOOOOOM! |
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How does this service work? They don't explain it in their site. Are they using BTC and then converting it to fiat again? Are they just using the blokchain without touching BTC? They just say "we use the blockchain", do you have more details on how this all works? Looks like a shitier version of paypal |
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