I am thinking about how bitcoin will be killed. Ultimately making bitcoin popular. Failure to earn income from bitcoins will end up eventually attacking Bitcoins. Think bad about it and get positive from it.
i am running currently a thread with 6 identified columns that i think are vital for bitcoins survival. |
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What keeps bitcoin alive and stable, and what in its core might completely destroy it. i thought about that and found 6 columns that keep the system bitcoin up here they are:  Nr.1 Gambling Central Banksters or Institutional Gamblersthese are mostly american Investmentbanks, like goldman sachs or jp morgan, that now also trade with bitcoin like with stocks and use software traders additionally to them there are east Asian state funds, that are gambling around with us american, foreign debt. together they put regularily funds into the cryptomarket especially into bitcoin that funds the lambos of many crypto and bitcoin speculators. the ordinary person cant supply the market with funds and capital with such a strength like they do. Nr. 2 Still Existing US DollarBitcoin Jepordises the Concept of the Humanist national state in which money and power is supposed to be created for the common good, now we can have a dispute here about how efficient the central banks did that job, and how greedy the monarchs were before them, however, the private creation of money, is systematically causing a domino process that will likely destroy the enlightened reason based nation state democracy concept in the short to long term. you think i am far away? nope just watch the recent nobel price winner paul krugman an economist saying bitcoin destroy 300 years of evolution of money, what was 300 years ago? right the french revolution that removed religion and nobility out of the state. https://www.ccn.com/bitcoin-taking-money-back-300-years-nobel-economist-paul-krugman/Nr. 3. decentralisation mythpeople think bitcoin is decentral still but its, not: huge miner asociations, and bitcoin owners are actually a hidden unaware centere of bitcoin as they are bitcoins supporting interest group. additionally there is the systematic pow doom that bitmain a huge miner producer already shows us all Nr. 4 disappointment with banking cartelsjes the anger with the banking cartels that systematically enrich the rich into neofeudal landlords while delivering them the nationstate population as money earning cattle for private enrichment is a huge problem, that systematically was supporting bitcoin in the beginning many people the so called working poor now are speculating their income in order to try to free themselves from the trap that their countries banking cartel poses on them. Nr. 5 protesting media attentionmost of the media in many of the worlds national state are highly interconnected with the nations central bank, so they sing the song of their master, the people realised that, and the media kept bitcoin in attetion. would the media however started talking about all cryptocurrencies they would have kept their potential popularity and power. but they instead opposed and fought bitcin. combined with the disillusionment of nr. 4 a toxic micture that powered bitcoin even more. Nr. 6 viral ponzi scheme delivering viral social media marketingbitcoin reached many as a social media development. and many people initially supported bitcoin considering the rough state banking cartel like in simbabwe that absolutely scammed their population. at the beginning it was about improvement of the financial systgem see simbabwe case, but today its mostly about keep ing a ponzi scheme style speculation intact that is supposed to deliver lambos for the gamblers. these 6 columns are vital for bitcoin, i doubt bitcoin can seriously keep its power if one of those columns fades away in the comming years. join to improve this theory if you are capapble to. i will improve this thread over time and explain the columns better if there interest on bitcoins (socioeconomic) vital powersources are there regards |
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ah come on those follower numbers are artificial bots |
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its when the us dollar disappears and you become nothing but one of million cryptosects, trying to figure out wich form of money does work for getting money earning cattle to do something for you
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I think OP's image is a bit of an exaggeration, as is the thought that BTC "is going to be the monopolistic future world currency", in my opinion it is unrealistic simply because not everyone in the world has access to computers, internet, etc. (there are still communities out there who have no access to those resources). I do believe that cryptocurrencies do have the potential to reach the masses at some point, but I am not sure if BTC will be the one to do it.
no its not an exaggeration it is the depcting the absurd reality of the exaggeration of bitcoin being a dominant world currency |
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Now, bitcoin has become a global currency, but bitcoin hasn't gotten legal status from all countries. Only countries that have legalized bitcoin can feel the benefits of transacting bitcoin freely and openly. I'm sure if more people feel the ease of transactions with bitcoin, the more people love bitcoin. If this happens then bitcoin is easier to get legal status from the state government.
each country that accepts bitcoin as cryptocurrency has to accept each other cryptocurrency as well there is no way the can say which they can and which not. |
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I've vowed that I will never participate in voting or election till eternity. Politicians were wicked.
nonvoting is also a form of voting, you cant escape politics and reality, you cant escape people that seek to gain and abuse power. which you clearly can observe on bitcoin. the power grab by the bitcoiners, was a power grab against all others. it was a decentral power grab by an actor not possible to remove anymore. now you get powergrabs from all over the world also from the royal palace in uk which will deal with arrogant user popcorn1 sooner or later The royal palace in uk which will deal with arrogant user popcorn1 sooner or later  I DOUBT IT  .. They have no power the law is the law no one is above it not even the queen and cronies  You mean play dirty tricks? well 2 can play that game .. the uk palace and king harry, will punish and enslave you by creating a prinzharry universal ico how it was in britain since 1066 muhahahaha Arrogant maybe but at least i am not a pompous robbing scumbag who as robbed his own peoples life blood and souls..
whats that? |
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I know will refer to the constitution and human rights on this matter but If a citizen does not contribute to society, how can that citizen have an opinion on it? Ultimately if you do not pay tax, you have no need to affect the political process, and your impact will be negative to others because you will be uninformed on how to vote to improve things.
WHAT DO YOU THINK?
historically voting rights were always interlinked with taxes. this was especially the case when there was no banking cartel. universal voting rights came also with universal enslavement by a banking cartel. |
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One of the founders of Apple, Steve Wozniak, said that he agreed with what had been revealed by Jack Dorsey, CEO of Twitter, about Bitcoin not long ago. At that time, Dorsey believed that Bitcoin would be the single currency in the world, and Wozniak also wanted it to happen.
"I agree with what Jack Dorsey said without needing to hope that it will happen, but because I want it to come true, it is a very pure thought," he said, as quoted by CNBC, Tuesday (5/6/2018).
"Bitcoin can be mathematically defined, there is a definite quantity, there is how it is distributed, it is very pure and there is no human behind it, no company runs it, it just keeps growing, growing and trying to survive," he added.
Wozniak himself had bought the most popular cryptocurrency when the price was still equivalent to USD 700 per chip, or USD 6,700 cheaper when compared to its value now referring to data from Coindesk. Even so, Wozniak is not interested in becoming a Bitcoin investor.
He also has sold all of his Bitcoin assets with only one chip left. The man who is often referred to as The Woz said he only wanted to do experiments on the technology.
In addition to having a piece of Bitcoin, the man who founded Apple with Steve Jobs in 1976 also has two Ethereum. Both Wozniak's cryptocureency is the owner of the largest market capitalization among other digital currencies. Bitcoin's market capitalization is almost touching USD 127 billion, while Ethereum is at USD 58 billion.
In addition to these two virtual currencies, there are more than 1,000 cryptocurrencies circulating in the world. Even so, Wozniak says Bitcoin is the only natural because it has aspects that make it a status, one of which has been decentralized.
wozniak is an old man, he cant think clearly what consequenses his thoughts bring. he wants to enslave the world to the bitcoin miners asosiation, and waste the entire world electricity production for bitcoin mining, how stupid can someone be that says stuff like that.? |
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The article says banks have lost the war to crypto and fintech companies. If you read through it, it mostly talks about how fintech companies are making fiat redundant. Crypto's potential, although praised, was mostly mentioned in passing because you can't really talk digital money without having it come up. Saying the article is about banks losing to fintech companies is more appropriate considering the content.
It's still nice I guess, but we have to take into consideration the fact that fintech companies are also in competition against Bitcoin as far as cashless payments go. They're payment processors, something which Bitcoin is supposed to render obsolete.
why are you supporting bitcoin particularily at all do you have an economic stake? regards |
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I would be amazing at rating ICO's. Heres the real problem though
1. MOST people are terrible investors, and the people who won't admit it and doge a finanical advsior buy shit projects. If you only post HQ ico's or projects, the terrible investors will be less willing to invest. Most good ICO's are extremely rare ( 1/500) and most good coins or projects have high evaluations so terrible investors are not interested. They want the cheap hot alts, or the bitconnects.
(Posting good ICO's wont get much traffic because you wont be posting a review every week since only a few ICO's have really shown to be good investments long term )
2. If you post reviews on new and upcoming ICO's you are wasting your time. 99% of ICO's and coins are bad investments, even if they are profitable. ( look at bitconnect ) A good investor knows that a profitable coin doesnt mean it was a good investment. Which is why you shouldnt short a cryptocurrency ( different lesson ) So by posting reviews of shit projects you are wasting your time because there won't be much content in the review since it is a terrible coin.
Summary: ICO review sites suck with content because a good investor will do research on their own. Bad investors will go to the sites to look for investments, but if you are looking to make benificial work and profit for your efffort then it's not a good idea.
ratins in financial systems are 100% always somehow biased. because power effects asymetrically, the more power someone gets the better he can improve the quality of his institution, if you give someone no power he cant develop the best institution even if he is the most intelligent person in the world. because the needed work is undoable by a single person, you will in the end, end up running a corrupt rating system that is biased towards something. so you should better play with open card. like the islamic halal rating does. |
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I don't think Uncle Sam will allow that. A lot of countries even prohibit the use of Bitcoin, so it is impossible that it would be a world currency.
Bitcoin's nature itself will not make it a world currency. As we all know Bitcoin is decentralized, and governments will not allow something that they cannot control.
you see i almost 100% agree with like 70% of the people in this forum bitcoin indeed isnt capable running the whole worlds financial system, even if someone would impose it with violence on the world which no one does, bitcoin would have imense resistances, world would rather be ruled by a galactic empire's currency, than by bitcoin |
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~ for the bitcoinsect to evaluate yourself in a comparision with other cryptocurrencies.
the dollar is still your master which the bitcoin cult is using to define themselves as more valuable.
it is funny how you are blaming others for the things you are doing yourself for example it has always been the other way around meaning shitcoins that you bag hold are always being compared with bitcoin to "evaluate" themselves and they never compare on things that matter such as their decentralization, their merchant adoption,... instead they compare on things they can manipulate such as market capitalization, time between blocks,... no one compares altcoin with bitcoins people still calculate in us dollar, the game resets with the us dollar gone. then you will have to lay the arguments for bitcoin plain on the table 1. electricity waste 2. ressource waste. 3. low tech quality 4. high transaction costs. 5. long time to transact. no usdollar measurement that will keep bitcoin alive, and keep the attention focused on it, especially with the diversification of cryptoindexes. that are getting more and more. |
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Indian exchanges have announced that no crypto-fiat exchanges will be allowed till further RBI notice.So now the future of Crypto in india is in dilemma.
indians might actually even accept and live with that, at least thats how i estimate the character of the people there. |
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CMC sucks. its extremly corrupt and the exchanges they orient bitcoin on have a low volume the time this forum dominated cryptocurrencies worldwide is fading away, glens coinmarketcap isnt dominating the attention and market definiton today anymore as there are countless alternative cryptoindexes. i bet soon they all will have completely different coins i think CMC is among those whales whom change the prices, maybe they did mistake by showing future prices yes, what they desire, but decentralisation of the market indexes is also progressing wont be that easy in the future, especially with this lost of trust that echoed all over social media |
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A couple days ago I posted here because of a transaction stuck in the void for which I paid 30 dollars fee.
Now, one hour ago, I sent a transaction with a 130 dollars fee.
ONE HOUR, STILL ZERO TRANSACTIONS, 130 DOLLARS FEE.
I'm sorry to write this, but Bitcoin is DEAD.
I've been a defender of it up until now, but we've gone too far.
Who the hell is going to buy Bitcoin when the word will spread?
When people will try to get their Bitcoins from the exchanges, they'll meet this reality, and Bitcoin will be dead in DAYS, after the word will begin spreading.
Just please don't go on BCH, let's try to move onto better technologies like Byteball.
BTW can anyone tell me what should I pay to move my Bitcoins now?
I have now 4 Bitcoins stuck in the void.
you guys are so damn tech fixed, there is an alternative for evolving currencies, that are opperated by an institution |
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It's just a technical problem which can happen to any index. Don't you think if it was really hacked, the guy would have better to do than that? It doesn't worth to hack the website just to change some values, come on. Don't spread this kind of rumor
jes ohm deliberate technical issues to manipulate the market according to ones interests. you know what we should have for each coin its own index. wher the coin takes only those exchanges where it is traded for the proper expensive price. so the masses think the coin is still valuable  |
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I don't know what you guys are seeing but it seems to be back to normal now. CMC probably included/excluded some exchanges on the markets tab of certain coins/tokens hence there was a huge fluctuations in price.
it should be a warning for all that coinmarketcap manipulated the prices by defining where a legit transaction happened and where not. |
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 CMC sucks. its extremly corrupt and the exchanges they orient bitcoin on have a low volume the time this forum dominated cryptocurrencies worldwide is fading away, glens coinmarketcap isnt dominating the attention and market definiton today anymore as there are countless alternative cryptoindexes. i bet soon they all will have completely different coins |
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This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?
it would be if the people worldwide will start considering bitcoin not as money but as scam and joke. |
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