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Hyperinflation
Coming to countries near you first. Then your country is next on the list. None will be spared.
Buy Bitcoin if you want to live.
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Wall Street analyst unleashes on Jamie Dimon and everyone else calling bitcoin a fraudhttp://www.businessinsider.com/bitcoin-price-bubble-tulips-2017-9"If one describes Bitcoin as a fraud, how would one describe a ‘financial cloud’ that is at least 4x-5x larger than the underlying economies? It is unlikely that US$400 trillion+ of financial instruments circulating around the world would ever be repaid and most are now backed by assets that are already either worthless or are diminishing in value. How does one describe rates and the yield curve that are either directly determined by CBs (BoJ or PBoC) or heavily influenced by them (Fed or ECB)? People living in glass houses should not throw stones."
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This guy's text messages from family members pretty much PROVES that the MSM fud campaign against Bitcoin is working on Average Joe. Because sheeple are truly sheeple. https://i.imgur.com/T00xjxE.jpg |
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Just checked out r/bitcoin after about a week of nothing. Isn't it just amazing that after a long period of quiet(while the price does nothing), the price starts to move up and suddenly the "specter" of Bitcoin's supposed enemies magically reappear to rear their ugly heads (e.g., more fork FUD with Seg2X, etc.)?  Right on cue. |
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And, we actually do find that lots of people do figure this shit out, and if they want to get left behind and if demand for BTC and the price stays down (for a while) because of this, then those of us who have figured it out are going to be able to buy "cheaper coins" tm because we were willing to expend 5-30 minutes of human (rather than chimpanzee) brain power on figuring out the divisibility of unit topic.  Whether a person buys 1 btc or 0.1 btc or 0.01 btc it doesn't matter. If the price goes up 5%, 2X, 5X, or 10X the result is exactly the same with each amount regardless.  |
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While their idea has merit and could prove useful in the future, they are already being deceitful. The name is a misnomer entirely. There is no "Gold" involved, and certainly no "Bitcoin". If any coin forks off Bitcoin (contentiously) and changes configurations, algos, etc. then it is not Bitcoin TM and should in no way be associated or marketed as such. |
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This is usually dismissed by them and I suppose its human nature to want 1 or more of something rather than a piece.
Yes, human nature, but still non-sensical. Suppose I finally own 1.0 btc, but then I want to purchase something for 0.02 btc. If I purchase it, should I now be sad that I don't own a whole bitcoin anymore? See this why most average people get left behind on almost everything. Because their internal system of rationality is deeply flawed. It reminds me of the whole "Oh I want to be a millionaire TM!" saying. Like having a million dollars really means what it used to 30-40 years ago. And like you should feel sad if you only have $990K, because technically you're not a millionaire. |
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In 1994/95, really smart folks were scoffing and laughing as this newish thing called the "Internet". Even though it had been around for a few years already (mostly in Universities), it was viewed as a geeky niche thing.
By 1999/2000, the entire world was exploding to integrate the Internet into every facet of every business and personal life. I was a computer/web programmer at the time, and the amount of work and money being thrown around was absolutely mind-boggling. It took over everything.
So I give it another 4 years for Bitcoin, give or take.
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My only dream is that Altcash heads back to 0.20/btc so I can unload the rest that I have.
My dream is that Altcash will find its way into anonymous ATMs or other OTC channels so I can sell/convert mine without compromising the anonymity of the associated real bitcoins. I don't. Average Joe is going to have a hell of a time figuring out the difference between a Bitcoin TM ATM vs. a Bitcoin Cash ATM. Especially when their names sound identical and their logos are virtually identical. All by design I'm sure. Powers That Be: "If we can't block the growth of BitcoinTM, then we can slow it down or compromise it by confusing the shit out of newbs with similar forks in order to divide, dilute, and conquer. Their sorry asses won't know the difference until they try to spend it somewhere."I'm sure the next fork will be called Bitcoin Money and have just a slight turn of the logo. Maybe even upside down. |
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My only dream is that Altcash heads back to 0.20/btc so I can unload the rest that I have.
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Btw, whenever you see a interview of a Bitcoin enthusiast where the interviewer is completely skeptical of Bitcoin and crypocurrencies in general, and trying to make the interviewee feel ridiculous about their passion and enthusiasm. There's this as a reminder for you: https://www.youtube.com/watch?v=lskpNmUl8yQ |
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Honestly, its never too late to join bitcoin.
I find the whole idea of people saying that it's "too late" to join Bitcoin a ridiculous notion. To me it's like saying it's "too late to get internet", "too late to join Facebook", or "too late to get a smart phone." "Damn, I missed out on that whole Internet revolution thing!" A nonsensical phrase. At no point in time now or in the future will anyone be "missing out" on getting some Bitcoin. If they mean that it's too late to make a ton of money with Bitcoin, then they need to re-evaluate their notion of what money is. Should I say, "Well it's too late to buy Gold because I can't get it for $0.10/oz. valuation like my ancestors were able to." ? Whatever the current valuation is, someone is always buying and selling. Hopefully someday in the future with Bitcoin, there will only be buying (because we will swap it directly for goods/services and won't have to go back to fiat). |
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big money is here ... banging on the door .... big money patient 0+1 https://youtu.be/DozrRY2NENU?t=586"I can see the money moving into the space ... I've had 3 to 4 key money center banks come to me ... they want to trade it, they want to invest in it ... there are gonna be future exchanges set-up ... I've had two competing groups wanting to set that up visiting with me in my office this week ... the institutional march is well on it's way" Oh no, not Mike Novogratz! Gotta be honest, the last time I saw that guy come out to be interviewed in the MSM, it was early to mid Nov 2013. And in that video he said, no lie, that he "sees Bitcoin at $2000+ by next year. Right around the corner!" And we all know what happened shortly thereafter.  That guy is like a harbinger of doom, lol. I'm only half joking of course, I know Mike's a Bitcoin perma bull and his heart is in the right place. And of course he's saying all the right things. Just no more bullish predictions, ok Mikey?  Also, Erik Schatzker the interviewer still has on his skeptacles. One of those cocky asshats who doesn't take Bitcoin seriously, belittling and condescending the space. He has no idea what is coming. The decentralized revolution that is coming. |
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Actually yeah thinks makes a lot of sense. The South Koreans are some of the biggest online gaming fanatics in the world. Hell, didn't they basically invent the whole idea of the 'internet cafe'? So those big gaming giants are probably seeing big money in their eyes if they were to integrate in-game crypto payments for awards, accessories, and other stuff people want. Like with WoW gold or Linden dollars. But instead, let's all just use Bitcoin. Mmmkay?  |
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Ugh.. Trendon Shavers, I remember many people pointed out that this has got to be some kind of ponzi scam. Yet there were flame wars going between supporters of the scheme and more skeptical people. Not the best time in the Bitcointalk community. Yes, I do have an account from late 2012, but I am not login that in until Theymos implements some kind of 2FA or Google login. Too many people lost their accounts to hacks recently.
There's no shame in Bitcoinland. https://bitcointalk.org/index.php?topic=1847311.msg18382142#msg18382142Do the hackers think they we're going to believe that Hal was thawed out from cryo and revived? Back to the future? |
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https://finance.yahoo.com/news/paypal-ceo-expensive-poor-221202508.html
PayPal CEO Dan Schulman wants to make it easier for people, including those who live outside the financial system, to manage and move their money. “There’s a saying that it’s expensive to be poor,” Schulman told Yahoo Finance in a recent interview at PayPal’s San Jose, California headquarters. “You want to cash a check, send money to a loved one, get credit, even pay your bills. For those who are outside the financial system — and there are over 70 million adults in the U.S. and over 2 billion people in the world — those basic consumer transactions can be incredibly time-consuming — you stand in line for 30 to 45 minutes — and very expensive.”
While the dollar costs of executing a financial transaction may seem reasonable for most, they can be quite high for those with very little income.
“On average, an underserved consumer spends 10% of their disposable income on unnecessary fees and interest rates,” he added. “So democratizing financial service is basically saying the following: We want managing and moving your money to be a right for all citizens, not just the privileged, or the affluent.[/b]” Sound familiar?
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Yeah, that is gonna work well if you are parked in BULGARIA ...I mean really? they may find out stuff long after the scammers have gone to ground... but hey, it makes the USA public 'feel good' about our 'evil, dirty, sexy crypto" (did I mention the 'public' is conflicted...) whatever........ "Cyber Unit". The name alone says it all, lol. Because, y'know, "The Cyber". I wish I worked for a department that could just whip up a new unit and magically get staff funding for it, just like that. is this related to ETF in any way? does this help to bring ETF on the way?
It sounds like it is more about targeting and combating ICO token scams.
"Retail Strategy Task Force
The Retail Strategy Task Force will develop proactive, targeted initiatives to identify misconduct impacting retail investors. The Enforcement Division has a long and successful history of bringing cases involving fraud targeting retail investors, from everything involving the sale of unsuitable structured products to microcap pump-and-dump schemes." |
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If they ban it permanently they won't be able to ban it again (and again), so makes total sense. Imo they never had the plan to Bitcoin or crypto currencies! It's all just FUD again and again to get the coins from people with weak hands. And it looks like there are always enough of them to play the FUD card! And trust me, in the future they will come up with some other bs to shake the market and get your coins. This. If only people knew what was really going on. Deep pocket hedgers and investors want to take large long positions, but there aren't enough coins on the exchanges. Mining is too slow, OTC selling out constantly. So the only way is to 'shake the trees' again and hope more coins fall out from weak hands. |
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