- They successfully killed off Tesla's free electricity Tower -- and any other free energy sources after that. - They failed to kill off the internet - They failed to kill off Bitcoin
Things are looking good.
I have a theory that some forces out there are preventing the elites from doing everything they want.
They assassinated Lincoln when he tried to make his own currency (Greenbacks) They assassinated JFK when he tried to make his own currency (United States Note) They assassinated SAdam Husein when he tried to convert Petro-dollar (into Euros) They assassinated Gadafi when he tried to make his own currency (Gold Dinar) They assassinated Mubarak when he tried to join Gadafi They assassinated Hugo Chavez when Venezuela dared to sell their oil to China for the Yuan (not petro-dollar)
They are assassinating evry threat to the almighty Dollar. But them scratching their heads, having no idea how to kill off Bitcoin is a GREAT sign.
Long Live bitcoin!
Agreed on all this but it is very easy for the US government to control/regulate Bitcoin without needing to kill it off. It might even prove useful for them - after all, the CIA/NSA always needs an untraceable source of funding for black ops, and Bitcoin could provide that. They WILL try to manipulate the price, which is easy to do simply by buying/selling in large quantities. They MIGHT position themselves for a 51% attack should Bitcoin ever become a real threat to the dollar, which at the moment, it is not ...
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They won't kill it - they will regulate and control it. They will also try to manipulate the price (as they do with gold) to keep the value of Bitcoin 'under control'
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OP is a moron!
"bitcoin has no value, just a piece of junk number. it has no value like currency or gold, people buy it just for speculation." - Gold has no value either, fundamentally, as it isn't used in heavy industry (like platinum) or as an energy source (like oil). Gold has value simply because other people desire it - same with Bitcoin. Difference is that Bitcoin is actually USEFUL as it facilitates e-commerce, while gold is fundamentally NOT useful. Therefore, Bitcoin should be MORE valuable than gold.
"bitcoin is unsafe and easily be stolen. If someone buy some coins for invest, it may disappear or hacked." - Only if the Bitcoin holder is an idiot. It is very easy to secure Bitcoin using cold storage and paper wallets.
"Gov will ban it, because it is anonymous and can not be controlled. People can use btc buy illegal goods like drugs and guns, and may not pay tax. Or terrorists will use btc to fund terrorism activities." - Silicon valley venture capitalists are pretty much plugged into the US government, and these VC's are pumping hundreds of millions of dollars into Bitcoin startups. Doubt they would be doing this if Uncle Sam was going to ban BTC. More likely, the US government and Fed. Reserve will try to control Bitcoin by regulating the hell out of it, and manipulating the price through secret buy/sell transactions. But they will NOT ban it.
"Btc system is unsafe too, 51% attack will destroy it." - Ghash already could have launched a 51% attack in theory but they didn't. I do agree that Bitcoin needs to come to terms with mining pools and implement some failsafes against a 51% attack. Mining pools controlling more than 51% of the hashrate represent an existential threat to the cryptocurrency, indeed.
"people does not need bitcoin, they can use dollars as well." - No. You can't use 'dollars' online; you need to use paypal or credit card and those are legacy payment systems poorly suited to online transactions. Also, the Federal Reserve can simply inflate your wealth away by printing more dollars, so the US dollar is no good as a value store either.
"So I think btc will soon die"
Bollocks!
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With all the recent positive news concerning Bitcoin, especially the announcement of Braintree payments accepting BTC, I find it particularly odd that the price has remained steady ...
The Federal Reserve and central banks around the world have been manipulating the price of gold for half a century. Since bitcoin is a FAR SMALLER market than gold, it's no surprise they are manipulating the Bitcoin price as well ...
Central banks could CRASH the Bitcoin price simply by slowly accumulating BTC then dumping it all at once on the open market ...
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site has no traffic according to alexa
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bitcoin will put pp out of business...
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The fastest growing Bitcoin exchange https://CoinChimp.com has released a MOBILE APP which makes it easy for users to buy and sell Bitcoins quickly, easily and anonymously using a smartphone or tablet. The app is free. Download it here: http://tiny.cc/coinchimpapp
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I bid 0.001. Domain isn't worth more than that.
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Govt threatened him with 20+ years, what would you do? Roll the dice or take probation ...
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I warned people about CoinBase months ago .. Their fees are too low - they have ZERO profits and in fact have NEGATIVE profits due to hacking. When their Venture Capital money runs out, they will go down fast .. it will be a repeat of the MtGox fiasco, but even worse. When will Bitcoiners wise up? For a REAL EXCHANGE try https://CoinChimp.com .. ZERO PAYMENT DELAYS
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Very simple - the government can STEAL your fiat money simply by printing more of it.
They cannot steal your Bitcoin .. unless they send goons to your house with guns (as they have been known to do ..)
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As I warned last year, coinbase is a scam/ponzi and bleeding money to hackers on the daily.
When they run out of VC money to fill the holes, they will go bust - just like MtGox!
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biggest problem is impending governmen regulation
second biggest problem is SCAMS
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the myth that bitcoin is a ponzi/pyramid scheme needs to be addressed .. obviously that is the opposite of what bitcoin really is
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I don't know where this rumor started but Blockchain.info is definitely NOT for sale. I made them a rather large offer for their site a few months ago and was roundly refused.
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Hi, I have a bitcoin hosting site: http://BitWebhosting.com .. completely anonymous hosting, VPS, dedicated, Cpanel shared and all OFFSHORE
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