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1  Alternate cryptocurrencies / Altcoin Discussion / Hack any wallet? on: June 01, 2019, 03:54:01 PM
So there are 12 words chosen from thousands to recover any wallet.

If you iterate through random word combinations you will eventually generate a wallet that exists, correct?

I know the number of combinations is astronomical. But in theory if you keep generating random phrases, you might eventually stumble upon a wallet holding millions?

2  Alternate cryptocurrencies / Altcoin Discussion / Top 3 Reasons To DUMP Binance Coin (BNB) on: May 31, 2019, 12:12:30 PM
1. It is centralized

BNB is centralized.

It's minted by a single guy sitting in a cubicle somewhere.

It is nothing at all of what makes cryptocurrencies special.


2. If Binance goes down, so does BNB

This stems from point 1.

If Binance is hacked (?) again like they were a couple weeks ago, BNB goes to shit. All it takes is one issue with Binance and BNB goes kaput.

BNB depends 100% on a central institution which can be the next Bitconnect



3. Exchanges are commodities

There are TENS of large exchanges and hundreds of smaller ones.

You can shapeshift any crypto into any other crypto any time you want.

Being part of an exchange does not make BNB special at all. Getting listed on large exchanges is a matter of making a $$ deposit. Any serious crypto can afford to be listed on top exchanges.


So that's it my friends. Don't believe the hype. Look at fundamentals always.

Most top 10 coins do nothing.

BTC and ETH actually have a purpose. The others are either vaporware or 100% hype.

Ahoy!
3  Alternate cryptocurrencies / Speculation (Altcoins) / Is someone really behind the Bitcoin SV pump? on: May 24, 2019, 09:43:02 PM
A Reddit user suggested there may be someone behind the Bitcoin SV pump.

Personally...IMO this does look a bit coincidental... I think 99% agree there was someone behind it but I've heard as many names as there are Bitcoin SV supporters so....

Is there someone behind the SV pump? And do you think it'll fly?
4  Alternate cryptocurrencies / Altcoin Discussion / Does a cross-chain DEX exist? on: May 24, 2019, 03:35:51 PM
I just went through several pages about DEX'es here on bitcointalk.

My question is: does ta truly cross-chain DEX exist? If so, can you point me to where I can read more about them?

How do they exchange cryptos from different blockchains under one smart contract?
5  Bitcoin / Bitcoin Discussion / Only 1.6% (!!!) of USD Bitcoin trading volume is real. 98.4% dollar volume fake! on: May 23, 2019, 01:41:24 PM
Perhaps some of you might have seen this Reddit discussion about fake volume?

The data is extracted from CoinMarketCap. Simply by removing all "stablecoins" and adding up only U$ volumes, you arrive at 1.6% Bitcoin volume traded in actual cash. Everything else is stablecoins.

What do you think about this? Seems like obviously something's wrong here? Why are stablecoins even being called dollars? Makes no sense. This is a time bomb and gonna explode at some point.
6  Economy / Economics / Asset multiples at highest since two previous global crashes on: May 01, 2019, 11:11:57 PM
"Bitcoin is a bubble". O really?! What is this then?!

7  Economy / Economics / Bitcoin is urgent. Argentina is printing free money too on: April 21, 2019, 10:04:08 AM
After the Fed, ECB, BoJ and PBoC printed over U$ 300 trillion in debt (free money because this debt will never get paid) now non-reserve currency countries want to join the party too.

Argentina is printing free money for their own purposes: https://twitter.com/dlacalle_IA/status/1119660655005634565

"The big guys are doing it, why can't we do it too?"

Why does the US get to print money to save their banks? Why does China pump their stock market by printing more money whenever the stocks dip?

This may be the beginning of the new crash: every country out there decides they want to do quantitative easing too.

US banks got bailed out, why can't governments get bailed out?

See where this is going?
8  Alternate cryptocurrencies / Altcoin Discussion / BAT on the move on: April 20, 2019, 05:12:17 PM
You guys monitoring BAT?

Seems like Brave browser installations are over 10 million on app store.

What's your opinion on BAT?
9  Economy / Economics / Just a friendly reminder.... on: January 18, 2019, 11:47:11 AM
...that your everyday money is toy money printed by bankers, for bankers.

Your entire professional existence revolves around getting paid in a little green token that bankers can print for themselves freely.


10  Economy / Economics / You were warned on: January 09, 2019, 03:53:42 PM
Remember 2008?

People lost their homes, cars, savings, some lost everything. Lots committed suicide, others got in to drugs or heavy drinking.

The 2008 banker heist destroyed thousands of lives and totally slowed down millions of others.

The corrupt system went and made YOU pay for their theft. The People paid the bill against their will, because no one chooses to pay tax.

Get ready for the new cycle

A lot of people have been trying to warn about what's going on now right under our noses.

The FED has printed over U$ 22 trillion since 2008. The only reason the markets went up is because the FED printed all this money to pump it up.

There is no economic recovery, there is no real growth. There is no demand for oil or gasoline which are the main fuel for the economy. Nobody's buying gas, it's building up in repositories. If nobody's buying gas, nobody's driving, products aren't moving, the economy is NOT growing. The only reason oil goes up is when OPEC agree to use their monopoly powers to cut production. There is no demand.

Same thing with the FED, there is no real valuation in the markets, the FED is simply helping their banking buddies pump the markets.

When the FED says "we'll stop printing money for just a bit" the markets crash 5% in one session. There is no real value.

Everyone's in denial right now

People are in denial. There is U$ 250+ trillion in debt floating around. Nobody's going to pay this debt.

The crash is imminent.

When it crashes there won't be time to get out.

What should I do then?

Pay up your credit card debt and any other debt immediately. You will be crushed if you're caught in debt when this new crisis arrives.

If you were planning on spending big on something new, reconsider.

Buy Bitcoin or gold or something that should survive the coming crash.

The banking system is one big ponzi scheme and if the economy slows down the crash is inevitable. The whole system is based on the premise of exponential growth. Growth upon growth, year upon year, quarter upon quarter of composite growth.

There is no way this can work. It's been pushed forward for 10 years now since the 2008 banking heist and now the signs are everywhere. The new crash is imminent. May happen now or in a year, you never know, but it's upon us.

When it happens, do not go to Wall Street with a camping tent and your hippie beard and pretend you weren't warned. "We are the 99%". No shit sherlock, the system is a ponzi meant to enrich the 1% not for you. You were warned.
11  Economy / Economics / Low demand for gasoline on: January 09, 2019, 03:40:58 PM
While crude oil was a draw this week, EIA numbers were WAY lower draw (-1.6 million) than API numbers published last night (-6 million).

https://www.investing.com/news/commodities-news/us-crude-oil-inventories-fell-by-168-m-barrels-last-week-eia-1742347

Why is oil dropping from its daily high?

Because gasoline inventories built up like crazy.

Today's crude draw becomes tomorrow's gasoline build. If there is no demand for gasoline, then soon crude will build up again.

What does this tell us?

The economy is slowing fast. First thing people stop doing when money's tight is stop driving long, start saving up gas.

YET the debt keeps growing. The fraudulent scheme keeps rolling, central banks keep printing money. Bankers are already fleeing the markets, YOU will be the last to know. Then when it crashes you lose your home, your car, your college tuition and so on. You were warned.

The financial system is a ponzi scheme. It's gonna crash.


PS. For extra bonus, just a small detail about our ponzi fraudulent economy: Last night's crude inventory numbers leaked during the day. Oil shot up with no reason midway through the session. After the close the numbers came out. As always, market manipulation is rampant. Today's much more trustworthy EIA numbers are totally skewed from the API data. Individual investors are the last to know. It's a corrupt system with no future.

12  Economy / Economics / USD will crash before BTC on: January 06, 2019, 01:04:21 PM
Read this very carefully https://www.marketwatch.com/story/stock-market-investors-its-time-to-hear-the-ugly-truth-2019-01-05

For years critics of U.S. central-bank policy have been dismissed as Negative Nellies, but the ugly truth is staring us in the face: Stock-market advances remain a game of artificial liquidity and central-bank jawboning, not organic growth. And now the jig is up.


It's a ponzi scheme, stupid!

They can't keep printing money forever. The markets are pumped by the FED.

World debt sits at U$ 250 trillion (!!!) right now:

https://www.cnbc.com/2018/07/11/global-debt-hits-a-new-record-at-247-trillion.html

https://www.bloomberg.com/graphics/2018-lehman-debt/?srnd=premium

Nobody is going to pay this debt, EVER. It's never going to get paid. They will roll over, print more money, throw this to the next generation (it's a ponzi, new people need to keep coming in).

By the time our grandsons read this they will be working most their lives just to pay the FED balance sheet.

13  Economy / Economics / Rigged markets: Only the FED can save the stock market on: December 27, 2018, 07:27:29 PM
Do you realize that actions by a single bank which is run by bankers is the only way the stock markets can rebound?

It's not the productivity, it's not about value, it's not about sales, jobs or about the general economy.

The FED must print more debt in order to pump the markets. THAT is the state of the world today. It's unreal.

A single bank.

One. Single. Bank. Crashed the world markets because they wanna.
14  Economy / Economics / US markets have 2nd biggest pump in history on: December 26, 2018, 09:57:01 PM
US markets displayed all the power of printing over 200 trillion U$ in debt

Banks have so much free money they can pump trillions of U$ in a single day.

This is the heavily regulated FED money phony capitalism they say is better than crypto.

Petroleum 10% pump



Dow jones 1000+ points pump in a single session.



This is the effect of inexistent value being printed into money. The markets go on without fundamentals, nobody knows why everything went up 10% today and nobody will know why the next crash will break a whole generation of market participants.

It's a ponzi scheme, new participants must work exponentially more to keep the system afloat.

Worse: these same people from the banking mafia say cryptos are a bubble!
15  Economy / Economics / The markets are rigged on: December 26, 2018, 02:32:02 PM
If you've read any stock market literature then you've likely heard of "The Random Walk" and similar texts.

Basically the idea is that the markets are chaotic. You know the old story of how air moved by a butterfly in Tokyo become a thunderstorm in Los Angeles?

It turns out markets are NOT chaotic at all. In fact, it's quite the contrary. The markets are rigged.

While ups and downs seem kind of random in the short term, in the long term you can see that markets are absolutely linear and predictable.

Have a look at this 30+ year chart of the Dow Jones Industrial Average 30.



Does anything strike you as odd in this image?

Note the red line I drew on the chart.

It doesn't matter what happens, the FED keeps printing money and the markets are ALWAYS rising linearly.

2008 subprime crisis, 1999 dotcom bubble? Doesn't matter. Right after these maket turbulences, the trend resumes because the FED simply prints more money.

Doesn't it seem strange to you that a "random" walk has such a linear trend over 30 years?

It'd be expected if this trend happened over a few weeks or months. But over 30 years? 3 decades of almost linear growth?

The crashes happened and bubbles burst, but the linear pattern returned to its trend. How?

How come major market turmoil didn't completely shift this long term trend?

It doesn't matter what happens, the US can print money using its power projection in the world. Every single time there was a crisis after abandoning the gold standard in the early 1970's, the FED simply printed more money and pumped the markets back artificially.

But shouldn't this cause inflation? Monetary inflation, yes. Price inflation? Well, here's the catch: they don't print this money for YOU! They print this money for bankers. That way you can't spend any of this money, but bankers bought more and more equities in the stock market.

Thus, the FED simply keeps printing money to keep the stock market growth linear. No matter what happens in the short term, in the long term the markets are completely controlled by the FED.

But you and others who put their money into savings are simply being robbed. Banks buy all the equities using their free printed money while you save up and work 9-5 for decades to build savings. It's a ponzi scheme, new blood, new generations keep working more and more and more to buy a fraction of what people could buy 30 years ago. Banks keep printing money and robbing 99.9% of the world's population who work for a little over a dozen people.

It's phony capitalism. The markets are rigged and 7 billion people on this planet pay the bill for a dozen people controlling the banks.

16  Economy / Exchanges / What's up with the BitMex volume last 24 hours? on: December 19, 2018, 06:29:57 PM
Over 10X more volume than all other exchanges?

Volume claimed to be in USD.

Does this seem right to you?
17  Economy / Economics / Today the FED will decide what the markets should do on: December 19, 2018, 12:54:52 PM
What kind of capitalism is it when the markets depend on the FED?

It doesn't matter if 300 million Americans and billions of Asians work today or not.

It doesn't matter if a meteorite falls on Earth right now.

All that matters is whether the FED will print more FED-money to pump the markets or not!!!

All that you do, all your work, all the world's production is worthless because the FED/BCE/BOJ can simply print more money.

Everyone must work more and more to sustain a system that is absolutely unreal and illogical.

Everything we do, every single thing of value that is produced is subject to the valuation of a token that the FED prints at will. An inventor spends decades researching, files a patent, sells his patent for 100k dollars. The FED simply prints a trillion U$. That's the proportion we have right now.

For how long will The People of the world continue to accept this system?
18  Other / Politics & Society / The FED's game - for newbies on: December 14, 2018, 12:18:21 PM
If you're into crypto then you probably hold the same values most cryptocurrency enthusiasts do: personal freedom, less bureaucracy and...taking control over your money back from the broken FED system.

This last idea cannot be stated enough. The FED system is broken and not for the usual things you hear about it, but because of their evil monetary inflation system that works 100% against The People.

In simple terms: the FED prints money that never reaches you. If this money reached The People, price inflation would happen. It's the FED's job to keep price inflation low.

And here's the catch: if the FED prints money for their banking buddies, and this money never reaches you, then you are unable to inflate market prices.

What do the banking buddies do?

Buy equities.

The FED has been printing basically free money for bankers who inflate the stock markets artificially for their own gain.

The prices you see on the stock market are rigged. The FED can print one trillion dollars overnight if they want to pump a certain stock. This, of course, would be highly monitored within well regulated markets such as the US and EU. BUT. The bankers have one evil genius card up their sleeve: emerging markets.

Here's how the global stock markets work today:

1) The FED/BOJ/ECB print one trillion dollars.
2) This trillion is sent to Brazil, India, China or whoever. Emerging markets. Here the trillion dollars is celebrated as incoming investments. But it's a Trojan Horse.
3) The hot money, lent at ridiculously low interest rates to FED banking buddies, enters the emerging market and makes prices jump.
4) The victims believe the pump and go in buying as well. Euforia takes over.
5) The FED banking buddies start to slowly dump the initial investment. They do it slowly, after all time is on their side (ridiculously low interests).
6) The one trillion becomes 5 trillion dollars which is sent back to the original bankers.
7) The original trillion is paid back to the FED. Bankers keep 4 to 5 trillion profits.
Cool Months later the emerging market notices that the foreigners have already left.
9) The emergin market collapses 10, 20% or more.

This is how you play the world markets when you can freely print money.

If you look at the Dow Jones Industrial Average since 1981 you'll see a permanent positive slope. The DJIA may have collapsed in 2008 but if you take a ruler and draw a line from 40 years ago, you'll see the US markets only grew in the long run.

Now take a chart from Brazil or Turkey from 40 years ago and you'll see it's a zig zag. Historical pumps and dumps.

That's the difference when you print money and when you're subordinate to printed money.

Well I hope this short brainstorm about how the completely immoral FED system works has given you a better idea at the fake virtual finance that runs the world today. You work 9-5 to earn some fake money that the FED can print at will. When bankers need some money for their yacht parties they don't need to work even a minute longer for it, they can pull money out of thin air. While you work harder and harder for the same purchasing power.
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