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I've been in bitcoin since 2012. Apparently, I was frightened about centralization, and I made a GitHub project in 2013 that I thought would solve this.
I know this sounds really stupid, and probably wouldn't do anything, but my idea was that when you spend the coins in any way, the value is divided by the balance squared of the address. My idea was that coins would be repelling each other like similarly charged electric particles.
I have forgotten about this for a while until reading this, but would this do anything to frustrate ASICs or disrupt centralization?
I apologize for wasting everyone's time. My programming is pretty weak and my ideas are probably fantastical.
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Doubtful. That's not how Russia works. The source is an economist in a state-controlled teaching post. You do not get such positions in Russia by acting on your own initiative. He was allowed to say what he said. As such, if you were going to end-around US sanctions with crypto, you wouldn't announce it as it would jack up your price, and since the FBI owns must of the world's coins, can track and freeze them, and the whole technology was created by NSA, so this would be stupid all around.
No, someone wanted America to believe Russia was going to try to buy coins. I actually think they're trying to get US politicians to attack bitcoins and cryptos. If Russians are buying coins to end-around sanctions, I'm sure it would be mafia handled and privacy coins. Russia and China have a very low standard of living, people make like 3 dollars. Russian "billionaires" are a drop in the bucket compared to even small-time big money in the smallest of US cities. Russia and China need and can afford coins to go very low. It's an attempt to drive the price down and take over the crypto future in my opinion.
In short, it's either irrelevant noise or a sell signal.
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Many of you know me as cryptcracker, the bounty hunter that is uncovering the truth behind the Crypty "hack" and bringing the perpetrators to justice. However I have been doing this kind of work far before the cryptsy incident, I am making this dispatch today to reveal crucial information on the sudden news about Satoshi Nakamoto's identity and the plot Gavin Andresen has been involved in.
Satoshi was the greatest mind that I have seen in ages always calm and collected a real genius. Notice that I said was, that's because I'm sorry to say Satoshi Nakamoto was murdered by Gavin Andresen and his CIA associates. The CIA saw the transparency of the blockchain and they thought this would be a good way to track their "dirty subordinates". Let me explain, the CIA gives money, guns and drugs to terrorists so they can do things like stage a coup and overthrow governments this is well documented. The CIA saw the transparency of bitcoin and got the idea to start using bitcoin as one of the ways they fund these dirty subordinates.
Gavin was given the task of identifying Satoshi and flipping on him which he did. Once Satoshi was found and about to be captured I was informed 1 of 2 things happened, Satoshi committed suicide or the authorities were successful in capturing Satoshi and Satoshi was tortured and then killed. I am sorry for not being 100% certain on which one it is but it was one of the two I know this because my sources also relayed documents to me showing Satoshis dead body and classified CIA files.
Craig Wright was chosen as the CIA's front man to act like he was the real Satoshi Nakamoto. Gavin Andresen was to use his position in the community to pass this off. However these fools completely botched there plan because 1. they don't have the keys to the best of my knowledge and 2. they over estimated their manipulative tactics. The CIA got used to pulling these tactics on the general population but they didn't understand something this transparent wouldn't work against the bitcoin Community since it's much more tech savvy.
This was one of the saddest stories that I have known about for a while and I think it needs to get out there. I am currently hesitant in releasing the confidential CIA files because if Satoshi's identity is know his friends and family will be in danger along with my sources. I will attempt to secure them so they are not in danger once that is done I might be able to release the files.
Thank you for your time, another dispatch will be coming soon.
Your tin-foil hat's on a little tight |
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it's 2018 now and bitcoin is doing really well. how about mike hearn?
2018 is the worst year bitcoin ever had. 100% of uses cases gone. All merchants gone. Lightning totally stalled. Some people don't know they are dead until long after the guillotine blade dropped. This site is an amazing example of denial - I think sometimes there will be people here 10 years from now 'hodling' sub-penny bitcoins asking, "When lambo?" |
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If Illuminati made crypto, it didn't work. They screwed up, because crypto is dead.
I'm sure there are small groups of delusional people with weird beliefs have existed in history, but their effect on history would be infinitesimal.
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Honestly, I don’t think that Bitcoin can reach $1M by the end of 2020. No doubt, the Bitcoin is such a wonderful invention which has a huge potential of growing in future but 1M is very high amount, which I don’t think can be achieved in such a short span of time. There are many factors which can prevent Bitcoin from reaching onto such heights like FUD, bans, manipulation, etc.
There's not going to be a 166% bull-run in months? No shit, sherlock. This is the least informative thing you could have said. I got a similar one: "Bitcoin is not going to be 9 Trillion dollars by the end of the day." Hopefully, you were not hoping to become a psychic, because if so, you need a new career idea. PS Markets are somewhat efficient. If there was any reason for a percentage of people to believe rationally that bitcoin could go up 167% in a year or so, the price would not be what it is now, because they'd be buying. They'd be buying at $800,000/bitcoin in this case. But they're not. So that isn't a rational belief held by anyone..... |
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Fun idea, but we live in a cold place with no heater in the ever-poor church, and I thought (this was a few years ago - of setting up a mining rig to heat the place and prevent foreclosure) but the priest then or now looked at me like I had two heads. Priests can barely use a phone or computer, let alone handle cryptocurrency. The religious are less capable than most worldly people, most of whom are incapable of understanding/using bitcoin right now. You would have to hold their hand the whole time through exchanging, depositing etc and it would have been easier for you and they to just give cash
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Your statements are obvious. Like any market it's settling down. Obviously 20K was the peak, and irrationally speculative. The only question is what is it's true value? How low? $1? $0.01? Yeah, right now the reasons stated may look obvious and they will likely be even more obvious when bitcoin hits lower thousands, but I remember people here being as obviously in denial when they claimed that bitcoin cannot drop a few times after it reached 20k in December. The forum consensus had it that with higher prices there will be less volatility. But as you said, it was only irrational speculation bundled with delusion and infantilism. Anyone who disagreed that we passed the peak would be delusional and infantile - but there are a lot of those still around here
With that agreed, I can't but still point out the possibility of the long-term, "organic" growth of a few cryptocurrencies (though not necessarily bitcoin) due to expansion in real use. After all, the advantages that decentralized coins offer are not going away, and if more people actually use these coins for purposes other than "irrational speculation", it pretty much means real, solid growth. I'm actually pretty happy with all this. I was there from the get-go (old man). It's getting back to the roots, the technology, in short, it's becoming fun again! |
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Your statements are obvious. Like any market it's settling down. Obviously 20K was the peak, and irrationally speculative. The only question is what is it's true value? How low? $1? $0.01?
Anyone who disagreed that we passed the peak would be delusional and infantile - but there are a lot of those still around here
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Bots like this will only make a profit in bull markets, and the profit they make then is less than a buy and hold strategy would do.
In bear markets like this, bots bleed worse than not trading.
You're not going to make money off a couple of mass-produced bots with simple technical analysis algorithm. Only super-fast trading on fiber optics cables with tiny profits on a massive volume of millions can make meaningful money with a bot, like Goldman Sachs or JP Morgan do.
These things are just toys for playing / experimenting with automated trading.
If you get into Monte Carlos, AI using Tensorflow and Keras with Q-learning, etc, you still won't profit, and you certainly won't beat the big guys (I've done this and more), but you won't lose money either, your account will slowly dribble.
Small investors aren't going to do anything but lose money with a bot. You can only make money reliably as a small investor with long-term trades based on fundamental value research.
These threads are to sell bots. Some people, like the poster here, run these during straight up bull markets and don't realize, as they say, "Everyone's a genius in a bull market."
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Bitcoin grew way too much, way too fast. It wasn't healthy. It wasn't natural. If you want organic growth, you have to get mass adoption. Not a ton of crazy speculators going long with X10 leverage, driving stuff up. Not an exchange printing money in the basement, (and refusing audits, etc... Who could I be thinking of.  ) Not a bunch of bitconnect peeps looking to make a fast buck. We need people buying groceries with bitcoin. We need your union to exist as a smart contract. We need your library to have all its content available on a blockchain. That's how things will advance. Hopefully we'll get there. But the clowns thinking that 1000% increases year over year are going to happen, are just crazy. I'm not sad about it, either. Shake the loose hands out. We don't need 'em anyway. Fantastic. You made my post for me. You obviously either were there in the beginning or have read about it well. |
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They know if they kick coinbase, this crypto is dead. Prices will drop so low, only those old cyberhackers among us who were there in the beginning will still be there. It will be re-marginalized to its cyber-ghetto.
Bitcoin was not designed for anything else. If it's to get 'big', it relies on hosted business, which are easily attacked. If it gets to big it'll be attacked. Therefore, bitcoin must remain small and marginalized, any apparent 'bigness' is temporary.
Bitcoin was begun due to the political idea of anarcho-communism. It cannot interface with a hostile economic system. Why should they tolerate a dissenter in their house?
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The development since late December shows very clearly what is happening.
The whales - and anyone else with half a financial brain - are slowly selling all their bitcoin. As they sell, prices begin to drop sharply. They then hold back on the selling and newbies and "HODL'ers" are foolish enough to "buy the dip". This sends the price back up.
It then repeats with rates dropping again, until the newbies and "HODL'ers" buy the dip once more.
Except on every round the dip gets deeper and deeper.
The game is over, and anyone so stupendously stupid to keep buying from the whales who are unloading are basically just throwing their money away.
Face up to reality, the party is over.
Nailed it! Don't disturb the sleeping children though, dreaming of lambos on moons..... Whale makes no money if you wake children. |
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In a few days, we will be reaching $15000 again. Those who sold dont know the game.
All this self-soothing you all are doing is very funny. Market is going below 6000 very soon, and will go well below 4000 very shortly. It is very doubtful if cryptos will survive. The market cap has gone down 40% in the year. Past crashes or dips always had growing market capitalization. No so now. It is over. Denial is deadly for a trader or investor. The party is over. |
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The only whale club is the FBI. FBI is now in control of two addresses, or wallets, holding bitcoin worth as much as $120 million, 1/50 of all bitcoins.
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Looking at the status of the world global population is still inclined towards fiats and so I would say rather spend money and time on reality
Indeed It's funny how gamblers live in denial of their losses. |
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And who gives a crap what Muslims think? There're a lot of weird cults and crazy people out there who think all kinds of things - who cares? As long as they're not hurting anyone, they can think whatever they want...
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I have many. While the masternod site says 2200% or whatever, say 1-2% a day, the coin, even before the bear market, goes down 5% or more per day. It's very similary to mining reall, stuff shows up 1/week or so when you check. If you are very lucky and skilled, you will barely recover your ROI.
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