Bitcoin Forum
June 22, 2024, 11:54:03 PM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 [44] 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 ... 111 »
861  Economy / Speculation / Re: Anonymous trader buys $400 million in bitcoin on: February 23, 2018, 05:58:12 PM
It looks like the rags can't even connect the dots between two articles they published:

http://bitcoin-newswire.com/2018/02/16/anonymous-trader-buys-400-million-in-bitcoin/

From two years ago, here's an article espousing the wallet address that initially funded the anonymous trader in question: http://bitcoin-newswire.com/2016/06/23/the-mysterious-19000000-litecoin-address-and-some-bitcoin-news/
862  Economy / Speculation / Re: Anonymous trader buys $400 million in bitcoin on: February 23, 2018, 05:41:01 PM
It's actually Huboi according to this - https://bitcointalk.org/index.php?topic=2966235.msg30473511#msg30473511

I doubt the real pros make such obvious moves. There'll be all types of autists watching wallets.
Wow, thanks for this information. I really think that this would be a great news to bitcoin and cryptocurrency. And right now, good things are coming. And those bad things, bitcoin is about to forget that. I can say that bitcoin is now recovering.
A lot of people are claiming this to be an exchange and on some other thread, some are claiming it to be one of those bitfinex ways, if you know what I mean. Well, people will say so many things, but the thing is they are all speculations and we cannot really trace the account to anyone. If it is an exchange like some people are saying, which I want to believe it to be, no shit, but for a single person, I totally doubt and like someone said, pro investors will never draw attention to themselves that way.

Looks like Daddy Bitcoinbucks decided to liquidate some of his holdings ...

https://www.walletexplorer.com/wallet/e8fb61953c163500?from_address=3Cbq7aT1tY8kMxWLbitaG7yT6bPbKChq64



"Fuckin little bitch now wants a dolden pony, so I had to spend some of my bitcoins."
863  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency on: February 23, 2018, 05:28:51 PM
Meanwhile, it must be a slow day for the mods, given that the following TAME post penned weeks ago was deleted moments ago ...

Quote from: Bitcoin Forum
A reply of yours, quoted below, was deleted by a Bitcoin Forum moderator. Posts are most frequently deleted because they are off-topic, though they can also be deleted for other reasons. In the future, please avoid posting things that need to be deleted.

Quote
jesus....this is getting sick in here....some people saying that it doesn't matter that it was a huge scam??...it will still have value??....wow!!....this is like a bunch of people with a horrible zombie-like disease that they can only cure by getting someone else to voluntarily contract the disease...."it's good to be a zombie"...."in the future, everyone will want to be a zombie"....Its like watching an orphanage burn down and you just cant look away


"Mortgaged the home so to purchase BCC. BCC tanked. Burned down the home so to collect the insurance money to start anew ... perhaps to purchase RegalCoin. Parents!"
864  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency on: February 23, 2018, 05:09:34 PM

If actual people not bots are currently using their BCC to purchase BCCX on an the BCCX exchange then why is this volume not being reported on CoinMarketCap?

Why does Coinmarketcap still list BCC if they are not reporting on their actual trading data are they in on the scam as well?  
Will Coinmarketcap ever list BCCX?
If BCCX is also a scam like BCC as written about in this thread repeatedly how is the BCCX group still even operational?
Why dont the authorities just get a court order invade the BCCX offices and shut them down?

BCCX doesn't even have a blockchain, let alone a proper exchange.

What offices? Are you new here?

BCCX's main spokesperson, AGM76, already explained that they do have a blockchain but it's not public-facing. As for not having offices, did you forget about parallel universes? I'm heavily leaning toward the BitConnectX Breakfast Club meets regularly at Milliways.

Meanwhile, Jrevon Tames is still enjoying the high life while singing ...

Tonight we sleep on silken sheets
We drink fine wine and eat rare meats
On carousel and gambling stake
Our fortunes speed, and dissipate.
It's candlelight and chandelier,
It's silver plate and crystal clear.
The nights we stay at hotel grand

Tonight we dine at hotel ritz.
(a golden dish with every wish ).
It's mirrored walls, and velvet drapes,
Dry champagne, and bursting grapes.
Dover sole, and oeufs mornay,
Profiteroles and peach flambe,
The waiters dance on fingertips
The nights we dine at hotel ritz

One more toast to greet the morn
The wine and dine have danced till dawn
Where's my continental bride?
We'll continental slip and slide
Early morning pinch and bite -
(these french girls always like to fight)
It's serenade and sarabande,
The nights we stay at hotel grand
Les nuits qu'on passe а l'hotel grande.

Fuck it! I'm gonna include the link to Fanfare for the BitConnect Man.
865  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency on: February 23, 2018, 06:25:05 AM

BITCONNECT-X ROADMAP SHOWS WALLET DOWNLOAD IN FEBRUARY 2018:

https://bitconnectx.co//themes/default/images/road-map-bccx2018.png?v=3965987

BITCONNECT-X TWITTER IS ACTIVE BUT NO INFORMATION ON THE NEW WALLET:
https://twitter.com/bitconnectx/status/955451843735375872


https://www.youtube.com/watch?v=QY4yv7awsTI




Wanna see their real roadmap? Then take a ride on the BCCx railroad ...

866  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🔴 [ICO] YuTü.Co.in: First Cryptocurrency to Commoditize YouTube Channels 🔴 on: February 23, 2018, 06:20:19 AM
is there any info where can i trade this coin?

With apologies, not yet, as we're still waiting for two exchanges to get back with us before we fire up the easy-to-implement EtherDelta.

Meanwhile, YTC are still available for purchase at a low price point where astute speculators are bound to make an excellent ROI. Read our latest posts above the fold to get up to speed as what returns are expected once Beta and beyond.

Bruno
867  Economy / Speculation / Re: Anonymous trader buys $400 million in bitcoin on: February 22, 2018, 09:41:11 PM
We're gonna try this again. The story isn't who or what entity recently amassed a huge amount of bitcoins. The REAL story is who the fuck is controlling the narrative?


https://www.infowars.com/bitcoin-surging-after-mystery-trader-buys-344-million-in-cryptocurrency/


Quote
“Not sure who that big buyer was but many have bought this dip and have added since the rebound and additional regulatory clarity in the US and Asia,” Alex Sunnarborg, founding partner of Tetras Capital said, as quoted by Marketwatch.

Seriously? InfoWars quoted MarketWatch?

https://www.marketwatch.com/story/anonymous-trader-buys-400-million-of-bitcoin-2018-02-16


That's odd. My sources, the same FUCKIN INTERNET they use, contributes the source two days priors to ...

https://www.investopedia.com/news/anonymous-cryptocurrency-enthusiast-bought-400-million-bitcoin/


It gets better ...


First, Alex Sunnarborg is quoted by Investopedia, then two laters, MarketWatch picks up the story and sites Alex verbatim. Now, its SiliconANGLE Media stating that Alex told MarketWatch the exact same phrase two days after it was first penned by Investopedia. What next? Satoshi rising from the grave so to quote Alex's comments that was given to SiliconANGLE during an inclusive interview?

http://www.coindaily.co/2018/02/17/trader-btfd-and-scoops-up-400-million-in-bitcoin/


Yep, another blockchain expect advancing the truism sans doing one iota of research like the astute posters on this thread have done.

Imagine, if you will, some bitcoin scientist on the top floor of some London office building, let's say, muses about who the whale in question is after giving Satoshi head after Satoshi proved beyond doubt to said scientist that he is indeed Satoshi regardless if some future Russian clown cites signalling theory in proving that he's not.
868  Other / Off-topic / Re: Flat Earth on: February 22, 2018, 08:52:42 PM
brains also flat.

Dude, I now have a taste for scrabbled brains and eggs with a side of grits ...


The last time I enjoyed them was at the restaurant located here: https://www.google.com/maps/place/1244+Hwy+70+W,+Camden,+TN+38320/@36.0538784,-88.1201097,17z/data=!3m1!4b1!4m5!3m4!1s0x887b79c793f36f53:0x5dfe545535a24259!8m2!3d36.0538784!4d-88.117921


"Let me guess. You wanna eat my fuckin tail for dessert."

Actually, that's not a bad idea. Yummy! <and yes, I've eaten both, albeit never at one sitting but would enjoy both at the same time with a slab of smoked bacon>


"FUCK YOU! What next? Pickled pigs feet?"

Dude, that's where I draw the line. Now show me your balls. I wanna try out a new recipe. BTW, do you have a couple dude friends who don't have any plans for the rest of their lives? I don't wanna make a third of the dish depicted below ...


911: 911. State your emergency.
Mr. Pig: Some dude on the Internet wants to eat me.
911: Is that you again, Mr. Pig.
Mr. Pig: Ummm, no. This is Bob. The Internet dude wants to eat my brains, feet, tummy and now my balls.
911: You sure do sound like Mr. Pig.
Mr. Pig: Look bitch! Oink. This is Bob. Oink.
911: Okay, Bob. What's your address?
Mr. Pig: Inside Framer Joe's big red barn. Second stall on the right; fifth stall on the left if you enter from the rear. And please HURRY! I think this is the same dude who stalked Josh Zerlan of BFL in KC.
911: KC as in Kansas City Slab-O-Rama-Ding-Dong BBQ Festival host by David McClain and his Our Gang of Thieves?
869  Economy / Speculation / Re: Anonymous trader buys $400 million in bitcoin on: February 22, 2018, 07:40:31 PM
For the idiots here: https://www.walletexplorer.com/wallet/e8fb61953c163500?from_address=3Cbq7aT1tY

Now scroll down that list, look at the big transactions, see who the sender is. Now click on such a big transaction and see how every and each time it's tons of sources addresses moving coins into 1 single address, exactly like an exchange would do when it moves coins into its cold wallet.

Dude, you're buckin' for a lawsuit if you're claimin' that Nathan of Investopedia is full of shit, basing his prowess and venerable research on FACTS gleaned from reliable source in penning the tour de force article now picked up by other [financial-based] rags.

https://www.investopedia.com/contributors/54684/

Quote
Nathan Reiff is a writer and musician based in the New York City area. He holds degrees from Yale University and the University of Michigan. Nathan has previously worked for Orion Consultants and Partners in Performance and has written for Internet Brands on subjects ranging from money matters to personal and home development. His interests include technology, travel, and food.

https://www.linkedin.com/company/orion-consultants/

Quote
Established in 1974, Orion is a small, dynamic company specializing in consulting for prominent Wall Street and international investment banks.  By using systematic qualitative methods, Orion presents its clients with in-depth market research and offers strategic performance analysis and recommendations.  For more than twenty years, Orion has established a niche in the domestic and European fixed income area.


In the spirit of who's pulling the strings, let's revisit the article partially quoted in the OP, specifically this [quoted verbatim from the original article] ...

https://www.investopedia.com/news/anonymous-cryptocurrency-enthusiast-bought-400-million-bitcoin/

Quote
"Not sure who that big buyer was, but many have bought this dip and have added since the rebound and additional regulatory clarity in the U.S. and Asia," said Tetras Capital founding partner Alex Sunnarborg.

Who is Alex Sunnarborg?

https://www.coindesk.com/author/alexsunnarborg/

Quote
Alex Sunnarborg

Alex is a research analyst at CoinDesk. Previously, Alex was a founder and the CFO of Lawnmower, a blockchain investment and market research firm acquired by CoinDesk in January 2017. Prior, Alex was a debt investment banking analyst at Raymond James. Alex’s research has been featured in publications including The New York Times, Bloomberg, CNBC, Fortune, Forbes, Quartz, Yahoo! Finance and VentureBeat. Alex has invested in numerous digital assets including BTC, ETH, ZEC, REP, GNT, and MLN (See: Editorial Policy). Email Alex: alex@coindesk.com. Follow Alex: @alexsunnarborg.

https://www.token2049.com/speakers?gclid=Cj0KCQiAzrTUBRCnARIsAL0mqcwR0T43shwNmB6q9k_L4EmnUDlFAM4ahm5MyLki9E2h3S_TtF6QUAYaAkfKEALw_wcB


Before continuing, look who else is scheduled to speak at the alluded to TOKEN2049 conference in Hong Kong (20-21 March 2018) ...

https://www.token2049.com/speakers?gclid=Cj0KCQiAzrTUBRCnARIsAL0mqcwR0T43shwNmB6q9k_L4EmnUDlFAM4ahm5MyLki9E2h3S_TtF6QUAYaAkfKEALw_wcB


Now, you tell me how it's fuckin humanly possible for a former Orion Consultants, Nathan Reiff, to seek out Alex Sunnarborg who is a professed blockchain research analyst but couldn't connect the simple dots like us mere mortals were able to do literally within seconds - a couple minutes if you're slow or was distracted precisely when three flies were performing a ménage ŕ trois on your ceiling, a forth fly joined in to form a ménage ŕ quatre.

https://twitter.com/alexsunnarborg/status/958761507596263428


Translated: I don't have a fuckin clue on how to read them blockchain thingies but I'm a sought-out guru in the crypto space in knowing when and where Investards should funnel their moneys cuz I'm a blockchain analyst expert recently instrumental in pumping the shit outta Bitcoin prior to speaking at the upcoming Asian dog-and-pony-show conference. Speaking of canines, rumor has it that the following is on the menu ...



"What is this dog shit? I want a pony!!!"

Follow this link to see ALL the [financial-based] rags that picked up on the original story, none of which even remotely fact-checked like astute posters in this thread et al. have done to date: https://www.google.com/search?q=Anonymous+trader+buys+%24400+million+in+bitcoin&rlz=1C1CHBF_enUS727US727&source=lnms&tbm=nws&sa=X&ved=0ahUKEwijvq6KuLfZAhVnh1QKHYU6BYYQ_AUICigB&biw=1164&bih=537

In re the last paragraph, I nailed it! --> https://www.youtube.com/watch?v=UQcCIzjz9_s&feature=youtu.be&t=498
870  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency on: February 22, 2018, 05:13:14 PM

Forget BitConnect. It's All About The BlockchainConnect.

U.S. Olympians Turn to BitConnect to Fund Cost of Competing

Project Platypus: Jimmy Song's Plan to Fund Unpaid BitConnect Coders

BitConnect: More Trustworthy than Some Academic Critics

Inside Uncle Sam's Secret BitConnect Hoard

Here's What BitConnect Must Prove Before Goldman Sachs Would Invest

How to calculate the exact amount of BitConnect riches you've missed out on
871  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency on: February 22, 2018, 06:23:56 AM
These fusking scammers will find their day later, they will pay for their crimes of stealing other's money. Let the DAVOR coin dev follow their fate and put them together in jail to serve the punishment for their crimes.

Posting under this specific thread using the name Crypto Girl !!!
Now that's gonna be interesting ... let me get my popcorn !!! :p


Dude, don't fuck with one of the most beautiful girls in the world who lives in the Philippines and speaks fluent Spanish.
872  Alternate cryptocurrencies / Bounties (Altcoins) / Re: 🔴 $ [AIRDROP] YTC (YuTüCoin) Airdrop to BCT U$er$ with YouTube Channel($) $ 🔴 on: February 22, 2018, 01:46:52 AM
Read the latest post on our ICO thread: https://bitcointalk.org/index.php?topic=2580003.msg30799141#msg30799141

Bruno
873  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🔴 [ICO] YuTü.Co.in: First Cryptocurrency to Commoditize YouTube Channels 🔴 on: February 22, 2018, 01:45:17 AM
hi bruno! how are you? very fine i guess!

Our Yutucoin ICO's will end Today and i am very happy to have take part to the token sale of yhis big project and i wish too much success to this one. However it will be possible to get currently a certain details concerning YTC token sale( total raised), the number of PAQS sold, yutu-sox etc...

god bless you! and give long life for achieve the project!

   

The total amount of YTC sold can be seen here: https://etherscan.io/token/0x22049267fe48041e88835755bd61ec81e8fc7ebb?a=0xebc162b00f817010457b69eea3971e46799cd4ce

There was only 1 PAQ sold during the interim. That doesn't mean they're not worth much because that will be YuTü.Co.in's primary source of revenue once Beta. We will not have any problem selling them once we go mainstream, for it's the PAQs that will be mining/hashing shares (yaltz) of the myriad yAltcoins pegged to YouTube channels.

More about the earning potential for PAQs et al. on our platform below the horizontal line originally posted here: https://bitcointalk.org/index.php?topic=2580003.msg29824872#msg29824872

Anybody else ready to purchase YTC in supporting YuTü.Co.in? If so, head on over to http://yutubopolis.center/ico/ and fill out the simple form. Thank you in advance for considering supporting YuTü.Co.in.



As one can clearly deduce from the following schedule, the selling of PAQs (virtual miners/hashers) will constitute the majority of our coffer once YuTü.Co.in is fully operational. And that's only Phase 1 of what's plan, Phase 2 commencing once all 1M PAQs are distributed in satisfying a max 10K YouTubers recognized as Lynspinz on our platform.

Phase 2 will consist of dividing the Lynspinz into two sectors - English-speaking and non-English-speaking - forming a second entity. Ergo, the same number of PAQs is needed in satisfying, again, another 10K max Lynspinz.

Phase 3 will consist of further dividing Lynspinz according to which continent their channel is most associated with or where the YouTuber calls home.

Phase 4, even further down the pike, will consist of yet another division, listing Lynspinz on corresponding platforms according to their country or sub-region of a continent/subcontinent of origin.

Phase 5, if not sooner, implementing the business model for other video-sharing platforms, e.g. Vimeo, most likely with different branding but still under the auspices of YuTübopolis.

PAQ Pricing:

PAQs will be offered according to the following schedule, never to exceed U$500 each:

- U$25:  PAQ ID numbers 10,001 – 20,000
- U$50:  PAQ ID numbers 20,001 – 30,000
- U$75:  PAQ ID numbers 30,001 – 40,000
- U$100:  PAQ ID numbers 40,001 – 50,000
- U$125:  PAQ ID numbers 50,001 – 60,000
- U$150:  PAQ ID numbers 60,001 – 70,000
- U$175:  PAQ ID numbers 70,001 – 80,000
- U$200:  PAQ ID numbers 80,001 – 90,000
- U$225:  PAQ ID numbers 90,001 – 100,000
- U$250:  PAQ ID numbers 100,001 – 110,000
- U$275:  PAQ ID numbers 110,001 – 120,000
- U$300:  PAQ ID numbers 120,001 – 130,000
- U$325:  PAQ ID numbers 130,001 – 140,000
- U$350:  PAQ ID numbers 140,001 – 150,000
- U$375:  PAQ ID numbers 150,001 – 160,000
- U$400:  PAQ ID numbers 160,001 – 170,000
- U$425:  PAQ ID numbers 170,001 – 180,000
- U$450:  PAQ ID numbers 180,001 – 190,000
- U$475:  PAQ ID numbers 190,001 – 200,000
- U$500:  PAQ ID numbers 200,001 – 1,000,000

First 10K PAQs were previously sold for less than U$25 each or allocated during campaigns, documented on this forum.

Some PAQs having ID numbers in the low-10K range were, and continue to be, allocated as bonuses during our ICO, 1 PAQ per each U$100 purchase of 4000 YTC (U$0.0025 each; U$10 minimum purchase).

Purchase YTC here: http://yutubopolis.center/ico/
Purchase PAQs here: http://yutubopolis.center/paqs/

And, yes, owners of PAQs will have the ability to freely mine/hash Lynspinz yAltcoin yaltz on all YTC-Sox exchanges of subsequent Phases (see above the fold) once introduced.

Lower ID number PAQs will have advantages over higher number ID PAQs when it comes time to jockey for position in mining/hashing extremely favorable YouTubers-cum-Lynspinz yAltcoin yaltz.

Once Beta launch, you'll be able to purchase PAQs with YTC, with each YTC valued no less than U$1.00 each. I'll leave it to astute investors in figuring out the potential; less astute investors may or may not figure it out, but we'll eventually provide them clues along the way because that's how we roll.  Kiss

Earning Potential per PAQ:

Each PAQ is capable of generating no less than U$2,628 worth of yaltz per year – EVERY YEAR. The calculation is based on a PAQ hashing one yaltz exactly every 2 minutes, each valued no less than U$0.01 when trading on our exchange – YTC-Sox.

The minimum exchange rate will double from U$0.01 up to U$2.56 per yaltz according to the following schedule:

  • U$0.02*after trading above the previous minimum benchmark for at least 24 hours (1 day)**
    - at the latest, in 30 days if the channel reaches and maintains a TBD bar
  • U$0.04 after trading above the previous minimum benchmark for at least 2 days**
    - at the latest, in 60 days if the channel reaches and maintains a TBD bar
  • U$0.08 after trading above the previous minimum benchmark for at least 4 days**
    - at the latest, in 120 days if the channel reaches and maintains a TBD bar
  • U$0.16 after trading above the previous minimum benchmark for at least 8 days**
    - at the latest, in 240 days if the channel reaches and maintains a TBD bar
  • U$0.32 after trading above the previous minimum benchmark for at least 16 days**
  • U$0.64 after trading above the previous minimum benchmark for at least 1 month**
  • U$1.28 after trading above the previous minimum benchmark for at least 2 months**
  • U$2.56 after trading above the previous minimum benchmark for at least 4 months**
  • (Subject to change, adding U$5.12 and beyond accordingly, predicated on demand/consensus)**

*Four (4) decimal places apply when trading on YuTü.Co.in’s YTC-Sox, e.g. U$0.0187, U$0.6219, U$3.1415, etc.

**Predicated on a minimum of TBD trades to deter gaming the system.

Disclaimer:

YuTü.Co.in et al. nor any of its team members, employees, etc., will own PAQs unless fully declared, verified by an in-place oversight committee – YuTüFoundation (YTF) – chiefly consisting of [priorly] non-crypto-enthusiast YouTubers who we'll have no say in its makeup nor dictate as to what or what not to convey.

As always, please inquire if having any questions or concerns.

Bruno

PS: Yes, there will be faucets, known as yaltzet on our platform. Sign up here so to be made aware once a new yAltcoin is introduced in earning free yaltz: http://yutubopolis.center/yaltzet/ (maintaining a YouTube channel regardless its reach is required so to subscribe to the various YT channels prior to the rewarding of yaltz).

PSS: We will support at least one charitable organization, extremely most likely a predominate one which combats hate. Another cause/venture which we will fully fund is the building of, and maintaining a physical YouTube Hall of Fame (YHoF), location TBD, albeit ideally close to our YuTübopolis Center complex. In mind to handle the development of YHoF is New Media Rockstars. Yaltz generated per yAltcoin will automatically flow to corresponding yaltz wallet addresses solely controlled by NMR where progress of the endeavor will be made available on their site.

I'll save for another day as to which [envisioned] no-longer-with-us YouTuber will be represented in stone as a Buddhaesque effigy at the entrance of the YHoF so that attendees can rub her tummy for good luck.

One day, perhaps, this crypto dude will be inducted into the YouTube Hall of Fame:

http://joecephus.com/about/


Included in the YHoF will be a secluded wing (The Wailing Room) where fans could keen over lost [renown] YouTubers listed here: http://youtube.wikia.com/wiki/Deceased_YouTubers.

Outside of the YHoF will be the YouTube Walk of Fame, a YouTube logo replacing the star as depicted in the Hollywood Walk of Fame.

Close by will be the Madame Tussaud Museum of YouTubers and a world-class eatery, tentatively named Auntie Fee's Café (AFC), offering up dishes from around the world previously uploaded by venerable YouTubers (living or deceased).

Damn, I now have a taste for Auntie Fee's Chicken Crab Croquettes: https://www.youtube.com/watch?v=Jnr_hD4CsS0
874  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency on: February 21, 2018, 10:09:54 PM
A Bitconnect exchange bug sees one user try to cash out $20 trillion worth of BCC
875  Alternate cryptocurrencies / Announcements (Altcoins) / Re: — LOCA - League of Crypto Assassins — WAR!!! on: February 21, 2018, 10:01:04 PM
Wtf did I just read....... why would you even need donations for this?

Isn't it clear? To destroy shitcoins once and for all!

This guy gets it.

Time to clean up crypto!!! 


"The time is now to destroy all them shithole cryptocurrencies.
TrumpCoin to da moon!"

Hahaha.  You sumbitch.  If you didn’t make me laugh so much...




"I love Romania! I have a lot of friends in Romania. Friends like a crypto dude name Vlad and a sweet little old lady who sells apples from her balcony."
876  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency on: February 21, 2018, 08:28:39 PM
Yeah it generated demand because bitconnect had profits from it and could market the coin. If they didn't make any profits from it and just stole it from investors, then it would have been a Ponzi. It would only collapse if people didn't want to pay X amount for the BCC coin but there would be no reason for them not to. Lenders didn't mind what price the coin was. Only when people started getting nervous about lending, for example if they started going into reserves without reducing the interest rates,  could it collapse. They could have easily found other ways to keep demand for the coin while they reduced the interest rates because most of the coins would be locked in lending and couldn't be sold.

"Could have easily" but didn't? How is that not a scam even if you truly believe all that garbage that you're making up?

Bitconnect didn't have any real business or any other kind of revenue to back the scheme so they relied on people bringing in more money. That can't last forever and it didn't. They closed their scheme once the amount of new money started tapering off. It's a classic ponzi scheme. Having profits and doing marketing is irrelevant. Of course scammers have profits and of course they want to market their scheme to make more money. It's still an illegal unsustainable scheme.

The lending itself was profitable for them without them stealing from investors. The coin price is based on the demand for the coin which had a large community of people. Many didn't lend and just staked the coin as that normally paid quite a lot more than lending. If more people did lending, bitconnect would have been able to do more marketing with the extra profits.

Lock the thread! It was just proven that BitConnect wasn't a Ponzi because if more people came onboard to lend back their BCC, they wouldn't have collapsed because they would've have more funds in their marketing coffer, thus not needing to consider dipping into their profits coffer consisting of tens of millions of dollars saved for a rainy day on some private beach, enjoying pińa colada complete with tiny umbrellas.
877  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency on: February 21, 2018, 08:20:43 PM
It's very simple. The whole time bitconnect ran, the BCC price went up a lot faster than the interest they were paying. Including the capital releases, the lending was profitable for bitconnect as they were accumulating more and more BCC coins and paying out less BCC than the amount loaned to them. Assuming they had zero BCC reserves (although they actually had millions) they wouldn't need to use BCC from new investors to pay the interest so it wasn't a ponzi! The lending was like the reverse of staking coins in that people got back less BCC and not more for lending (including capital release) just because of the coin price growth. If they ever needed to use their reserves, it would mean that they'd be adding coins to the market and reducing the real value of BCC but this never happened! This proves all the coins they sold were legitimate profits from the lending system which they could use to market the coin (NO DUMPING OR STEALING FROM INVESTORS). The lenders didn't mind paying this as they still made good interest on the investment. How anyone understanding this can think this was a Ponzi is beyond me. For example, if they had web staking (which they were going to have and not just in the desktop wallet), that would pay extra BCC coins and cause inflation... the lending didn't even get to that point and was the reverse of staking so was nowhere near a ponzi!

The whole lending scheme was a sham designed to create artificial demand for their useless token. That was the reason BCC went up. Until it didn't and collapsed just like all ponzis do. It's an unsustainable and illegal scheme.

Yeah it generated demand because bitconnect had profits from it and could market the coin. If they didn't make any profits from it and just stole it from investors, then it would have been a Ponzi. It would only collapse if people didn't want to pay X amount for the BCC coin but there would be no reason for them not to. Lenders didn't mind what price the coin was. Only when people started getting nervous about lending, for example if they started going into reserves without reducing the interest rates,  could it collapse. They could have easily found other ways to keep demand for the coin while they reduced the interest rates because most of the coins would be locked in lending and couldn't be sold.

To be fair, I forgot all about that part where Investards lent their BCC to BitConnect knowing full well that it would be utterly impossible for BitConnect to liquidate Investards' BCC in BitConnect's complete control because, perhaps, of some code thingy written in the blockchain like ...

Code:
	if lent != no touch {
log.Fatal(err if moved)
}
878  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency on: February 21, 2018, 07:38:53 PM
The bitconnect website is still up and running. The exchange I'm pretty sure is running as you can see here: https://bitconnect.co/user/trade?Market=BCC    (there was only a few bitcoins in 24hour volume so most people probably don't realise they can still use the exchange there - also this makes a mockery of how others thought they were inflating their volume before when now they only list $40k worth)

It costs very little to leave a website up and running, but that doesn't change anything about whether Bitconnect's lending platform was a Ponzi or not. What point are you trying to make?

The BCC token was only created for the purpose of running a Ponzi scheme. Now that the Ponzi has shut down there's no remaining use for the token. Sure you can still buy and sell it in various places. You can still trade Paycoin too if you want to.

Their roadmap is still up. Are they going to abandon it now? Not heard anything about it. They haven't updated any news on the site since January 19th, I think.

I've no idea. I suspect they will do whatever they think will net them the biggest return from new victims. If they can find some way of extracting more value from idiots then I guess they'll do so.

What I said about the devs not being able to dump their coin is true and not nonsense as they can only take profits from the lending rates as otherwise it is counterproductive to the whole system to take more profits.

They created a huge number of BCC tokens, and used them to create a Ponzi scheme. What makes you think that they didn't sell any of those tokens when the price was high? Why on earth would they create a massive Ponzi if the exit strategy was to end up with nothing but a bag of worthless BCC tokens? It makes no sense at all. Of course they sold some of their tokens.

There was no evidence they dumped coins when they cancelled the lending either and they still had over 2million coins out of 10million last time I looked .

So they only dumped 80% of them? Such saints!


It's very simple. The whole time bitconnect ran, the BCC price went up a lot faster than the interest they were paying. Including the capital releases, the lending was profitable for bitconnect as they were accumulating more and more BCC coins and paying out less BCC than the amount loaned to them. Assuming they had zero BCC reserves (although they actually had millions) they wouldn't need to use BCC from new investors to pay the interest so it wasn't a ponzi! The lending was like the reverse of staking coins in that people got back less BCC and not more for lending (including capital release) just because of the coin price growth. If they ever needed to use their reserves, it would mean that they'd be adding coins to the market and reducing the real value of BCC but this never happened! This proves all the coins they sold were legitimate profits from the lending system which they could use to market the coin (NO DUMPING OR STEALING FROM INVESTORS). The lenders didn't mind paying this as they still made good interest on the investment. How anyone understanding this at the SEC can think this was a Ponzi is beyond me. For example, if they had web staking (which they were going to have and not just in the desktop wallet), that would pay extra BCC coins and cause inflation... the lending didn't even get to that point and was the reverse of staking so was nowhere near a ponzi!

Regarding affiliates, remember the BCC loaned to bitconnect could also be staked by them (8% a month or so). Affiliates could easily be paid with this without causing damage to investors. Remember that all coins investors bought could also be staked the same way so it's not like they are being disadvantaged by the inflation as they would get the same staking rate too. This doesn't even consider all the millions of BCC reserves that bitconnect could have staked, which I don't even think they did much as it probably would have made staking more difficult for coin holders.

FTFY
879  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency on: February 21, 2018, 06:13:58 PM
*nonsense*

I am absolutely amazed at how one can keep on shilling for lending platforms when these are obviously schemes meant to defraud gullible investards.

I really hope they find out who is behind this bought AGM76 account.

One suspects it might be Trevon James himself perhaps?... Roll Eyes

Would you call those who followed Trevon's advice a Trevonstry?
880  Alternate cryptocurrencies / Announcements (Altcoins) / Re: — LOCA - League of Crypto Assassins — WAR!!! on: February 21, 2018, 05:51:13 PM
Wtf did I just read....... why would you even need donations for this?

Isn't it clear? To destroy shitcoins once and for all!

This guy gets it.

Time to clean up crypto!!! 


"The time is now to destroy all them shithole cryptocurrencies.
TrumpCoin to da moon!"
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 [44] 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 ... 111 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!