I'm pretty sure that the current price surge is caused by the greatest pyramid scheme of our times in combination to the Chinese capital controls and that the collapse will be horrendous. I might be too bearish, but I don't think it'll be easy to climb back at the 450$ levels after a crash at this point.
What's the ponzi scheme you're referring to - fractional lending? How would that (this week/month) have caused the surge in price? What's happened in that world to be the catalyst? It's probably good that it's not easy to climb back...time spent at $450 will validate the rise to $450. MMM is the ponzi I'm referring to. I was right though, literally minutes after this post the price started crashing and reached bellow 400. How can a Ponzi have so much capital to control the price like that ? The only way they can pump is by buying coins, and with the amount needed to reach 500, they would have more than enough coins to sell, to make any profits out of it. You'd be surprised. https://www.youtube.com/results?search_query=MMM+seminarThe guy behind this has a long history with pyramid schemes, this time it went global, and it's using bitcoin. It has more than 50k daily active users, and more are registering each day. |
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I don't think giveaways are allowed.
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I'm pretty sure that the current price surge is caused by the greatest pyramid scheme of our times in combination to the Chinese capital controls and that the collapse will be horrendous. I might be too bearish, but I don't think it'll be easy to climb back at the 450$ levels after a crash at this point.
What's the ponzi scheme you're referring to - fractional lending? How would that (this week/month) have caused the surge in price? What's happened in that world to be the catalyst? It's probably good that it's not easy to climb back...time spent at $450 will validate the rise to $450. MMM is the ponzi I'm referring to. I was right though, literally minutes after this post the price started crashing and reached bellow 400. |
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How is the bitcoin network worth so much? Based on what premise?
If bitcoin's network is worth so much, I suppose that the net worth of mastercard's network would be more that all money and everything of value in the earth combined.
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I'm pretty sure that the current price surge is caused by the greatest pyramid scheme of our times in combination to the Chinese capital controls and that the collapse will be horrendous. I might be too bearish, but I don't think it'll be easy to climb back at the 450$ levels after a crash at this point.
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It'd be ideal if the price could stabilize on 450 but I find that unlikely. MMM is eventually going to close down and this will create enough selling pressure to take the price down, perhaps lower than the previous "support levels". I estimate that 500$ won't be reached again in the following days though.
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 Here's something from buttcoin. Wonder how long this surge is going to last. |
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OP έχουμε board για altcoins κι εδω, δεν ας μπορείς να κάνεις move το θέμα σου εκεί.
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Right n2004al,
everything in this world must me a conspiracy to verify your bias. You kinda remind me of those people that try to prove the existence of god by holy numbers that are supposedely everywhere and such imaginary things. I don't usually resort to ad hominems but I find no motivation to attempt reasoning with someone like you. Your posts are lengthy, but your ability to provide logical counter arguments is minimal, letting your racism, hate bigotry, financial and political illiteracy slip through.
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The angle the ants are walking on.
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I'd be interested to see what's going on there now that bitcoin has been "banned" but there doesn't seem to be much traffic here.
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The government is collaborating with the institutions to find a way to make deposits taken away from Greek banks by depositors to return, tax authorities are going through records to see who could have been cheating etc. It's all a very big effort to keep the banking system from collapsing, a system that has been proven to be non feasible numerous times in the past. If it weren't for the domino effect this could have caused to the rest of the world no one would have been helping Greece imo.
Who told you the part in bold and in red? Not just politicians but established economists from all over the world have agreed on this. Letting Greece go bankrupt could kick start a domino phenomenon sending ripples to worldwide financial markets. The Eurozone depends on stability to survive, if one member outright refused to pay debts and decides to exit the monetary union, it'd open up the way for more to do so. And this is what a domino effect is by definition. What do you think would happen if a Eurozone state got away from houndreads of billions in debt by exiting the monetary zone, stopping austerity and starting to print money? While there's no guarantee that this could work, there's a strong sense of euro skepticism brewing in Europe. And the evidence to back up arguements against the euro just keep growing. Just look at Wolfgang Schauble favoring a two speed eurozone while smaller countries in the euro suffer low growth rates. And at the same time, Romania ans Poland, that to this day halt adoption of the Euro, have some of the highest growth rates in Europe. Keeping Greece's banking system alive is part of an effort to keep the Euro alive. |
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The government is collaborating with the institutions to find a way to make deposits taken away from Greek banks by depositors to return, tax authorities are going through records to see who could have been cheating etc. It's all a very big effort to keep the banking system from collapsing, a system that has been proven to be non feasible numerous times in the past. If it weren't for the domino effect this could have caused to the rest of the world no one would have been helping Greece imo.
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You should also consider that there might be personal conflicts of interest involved. IMO this is more common than being paid (directly or indirectly) to troll here.
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dustdice is in my opinion the greatest graphical environment for a dice and open source too! There are other sites cooperating with moneypot that I like too but the original dust dice is my favorite. Moneypot is so innovative.
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Guys, wait until OP gives you an answer. I think they're now resorting to buying forum ads to advertise, better wait for an update. The OP seems active.
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I see alot of people looking to sell steam accounts here, as a warning to potential buyers it should be pointed out that you should not give the benefit of the doubt to people looking to sell steam accounts.
I'm not going to say much about account hacking here, but you should consider that this is also a possibility.
The reason steam account purchases aren't safe is simple, steam accounts aren't meant to be transferred. It's against the ToS to sell accounts and not supported by steam's support.
If someone tries to sell you an account, they have several ways to recover the account by contacting the support claiming they lost access. To name the ones I'm aware of, posting pictures of serial keys of physical products (activation keys on game boxes etc.), credit card information, email password recovery.
Long story short, buy spending money to "buy" a steam account you should be aware that it could be recovered by the original owner at any time and you should therefore be placing your full trust on them not doing so.
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BTC/USD already started trailing below 315$ so I guess the bull run was short lived. I wouldn't expect any ore significant price bumps from that point on, the price struggled to stay at high levels, this "bull run was very weak". If you have a fear of being left behind, then don't worry. The MMM republic of bitcoin, which is likely the sole reason this whole price bump took place, is moving with a slow pace and likely not doing so well. No matter how desperate Sergey Mavrodi is with promotion, pyramid schemes are doomed to fail and this one is taking down the bitcoin price.
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