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The reason people exchange to Tether is because they can’t wait for Bitfinex and Jan Ludovicus van der Velde to fuck them out of all their money.
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Just like what i always reply to everyone's thread be patient, wait for bitcoin to comeback, and trust bitcoin. Bitcoin is making its way to comeback in 2018 for my own perspective im expecting bitcoin to rise twice as before it fall down
Come back from where? When I started mining bitcoin it was worth less than a dollar. It isn’t coming back, it’s arrived. |
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There seems a sign that central bank are currently interested in the blockchain. So what will be the effect on current cryptocurrency if central bank release their own coins? will it be a good news?  The MintChip digital currency, released by the Royal Canadian Mint, almost destroyed bitcoin. It was so popular that it lasted a whole year and a half before it failed. LOL |
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Then 3 days later no one bothered to answer or share their opinions. Hahaha.
I believe this is because of 3 things,
1. The lack of education and awareness of what is going on in the development of Bitcoin.
2. Users in the forum do not care about helping themselves by using Segwit which lowers the fees and helps with network congestion. Maybe these days, it is all about "making the money".
3. The passionate users have moved on from the forum, and we are left by people who only want to ride the bandwagon.
No one here gives a shit about bitcoin anymore. This whole forum is made up of signature campaigners that don’t care what cryptocurrency you pay them with because they immediately exchange it for fiat. Oh, and altcoin pump n dumpers. |
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You do realize banks are regulated by their country of origin, right? Do you know of a country that people would trust which would allow a bank to pass regulatory approval and not use their local fiat?
Exchanges are the closest thing you will ever see to a bank (except they don’t make loans) and you can’t trust them.
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The most interesting thing about this thread is your post count. How can you have multiple posts in this thread and only show 1 post? |
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If someone was that careless, I would search for them on this forum because they would make a thread about it. I would then began making fun of their incompetence as I eat pizza I bought with their money.
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Once again, cointelegraph prints news that’s so far from the truth it’s laughable. The non-profit Foundation for Defense of Democracies is about as biased an organization as it’s possible to make. Every report they write is directed at taking democracy and aiming it toward anarchy by fighting against the truth at all costs.
Elliptic is three former members of this forum that went on to form a “bitcoin police” agency that milks money out of ransomware victims. They are only about the cash. This is prominently placed around their website, “If you are interested in learning more about Elliptic’s products and services, please contact us.”
The US Government knows that statement isn’t true. They have taken down exchanges due to the huge volume of money laundering.
In the past it was used mainly for money laundering by drug peddlers ,i am not sure from where these statistics are taken about only one percent is used for money laundering, even i do think that the stats are flawed,there are many countries that have no regulations and anything can happen,it can be used to hide your assets and so on  .I am not sure about Elliptic you are talking about,what is their reference in terms of money laundering. FDD and Elliptic wrote the study as a joint effort. I guess they think they can just make stuff up and everyone will believe it. What they said is comparable to me saying I know what every single copper penny in existence has been used to buy. Utter nonsense. |
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I guess they think the entire world is fucking retarded.
They claim to know what everyone on the deep web and dark web is doing.
They are capable of tracking what btc is spent on even when it’s run through a mixer.
They know what is happening when two private individuals exchange coin.
They know where every coin came from that’s deposited on every exchange.
They know every transaction detail that happens on localbitcoins.
That “study” (and I’m using the term very loosely) isn’t worth the gunpowder to blow it to hell. I’ve wiped my ass on more valuable toilet paper. If they truly knew all that they’re claiming to know about every transaction made with bitcoin, then bitcoin is broken and no one should use it at all.
Surely no one here, knowing what you know about bitcoin, believes that load of bullshit is true.
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https://cointelegraph.com/news/bitcoin-laundering-less-than-one-percent-of-all-transactionsA recent report from the joint Bitcoin analysis team of FDD and Ellicit, a Bitcoin forensics company, indicates that less than one percent of all Bitcoin transactions involve money laundering.
The report, written to help analyze the flow of funds and the danger of money laundering, has indicated that money laundering isn’t nearly the problem some critics of cryptocurrency believe. The report states:
“The amount of observed Bitcoin laundering [is] small and darknet marketplaces such as Silk Road and, later, AlphaBay are [generally] the source of almost all of the illicit Bitcoins laundered through conversion services.”
The report also indicates that the vast majority of illicit transactions using Bitcoin were processed in Europe, receiving more than five times as many illicit transactions as North America. Once again, cointelegraph prints news that’s so far from the truth it’s laughable. The non-profit Foundation for Defense of Democracies is about as biased an organization as it’s possible to make. Every report they write is directed at taking democracy and aiming it toward anarchy by fighting against the truth at all costs. Elliptic is three former members of this forum that went on to form a “bitcoin police” agency that milks money out of ransomware victims. They are only about the cash. This is prominently placed around their website, “If you are interested in learning more about Elliptic’s products and services, please contact us.” The US Government knows that statement isn’t true. They have taken down exchanges due to the huge volume of money laundering.  |
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It’s not really that weird. I’m surprised it’s taken this long. You know the US government just took down BTCe in scamcashistan or wherever. The US gov starts looking at the books and realize how prolific money laundering is in bitcoinland. They contact their G20 buddies and let them know that they may need to take down a couple of exchanges in their country too. I think it’s a little too coincidental that all of the countries considering closing exchanges lately are G20 members.
I would like to know which time period that incident happened ? in last year ? I don’t know exactly when it happened. I stopped using BTCe years ago. All I know is I went there around a month ago to ask a few questions in their troll box and this image was there instead.  |
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My prediction is $100,000 by the end of the year. $40,000 will be beaten easily, maybe even in the first half of the year.
And your prediction is based on what? An attempt to increase his post count so he can join a signature campaign. I liked all the graphs in which he demonstrated his logic. Yes, they were very pretty. LOL |
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My prediction is $100,000 by the end of the year. $40,000 will be beaten easily, maybe even in the first half of the year.
And your prediction is based on what? An attempt to increase his post count so he can join a signature campaign. |
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If no one spends bitcoin then giant one winged doves will descend over every major city in the world and fly in a circle until all the planes in the world crash.
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BTC is the new gold if you can find a way for BTC to remove oxidation from printed circuit boards.
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He failed to anticipate mining pools consolidating mining power.
This is very true, but unavoidable. The only difference between Bitcoin and Ethereum is.... drum roll... Vitalik and the founders are known to the authorities. They can be corrupted, bribed, threatened or influenced to do governments bidding. Putin has already had talks with Vitalik, but he will have a hard time reaching Satoshi.  Vitalik Buterin and his boyfriend Peter Thiel have done more to hurt bitcoin in the last couple of years than all of the governments of the world combined. |
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Bitcoin is centralized, and always will be, because the great and powerful wizard of oz Satoshi was naive enough to believe bitcoins security system would always be distributed between individuals.
He designed bitcoin to be mined on a cpu by people using the client software. He failed to anticipate upgrades to the client software that would remove the mining feature.
He failed to anticipate ASIC mining.
He failed to anticipate mining pools consolidating mining power.
He failed to anticipate big business and Wall Street taking over bitcoin by hoarding millions of coins for the futures market.
He knew very little about economics and political science, didn’t understand that rampant deflation is bad and couldn’t predict how governments would respond to citizens attempting to usurp fiat controls.
I frankly think he abandoned bitcoin due to his embarrassment over failing to foresee where his creation was headed. Like all idealistic dreamers, he deluded himself into thinking that average citizens are more than a herd of cattle willing to be controlled.
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There is no way bitcoin can go below the $10k psychological barrier. The most it can drop from its current value is a little over $1,000. Within three months of today’s date the exchange rate will be above $15k. By year end it will be above $20k.
if the states come together to regulate btc it can bring down bitcoin much stronger than 10k Never gonna happen. |
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There is no way bitcoin can go below the $10k psychological barrier. The most it can drop from its current value is a little over $1,000. Within three months of today’s date the exchange rate will be above $15k. By year end it will be above $20k.
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