I am sick of how black people in Africa use excuses for their laziness and corruption. The evil white man didn't rob your societies blind - your leaders did. That's your fault. The evil white people didn't throw their trash in your cities - you did and still do. That's your fault. Killing each other over stupid shit is not the evil white man's fault. The white man is not obligated to take care of you.
In the thousands of years of African history only one black civilization had great acomplishments - Nubia. No other have been found. That's 5000 years of history.
Why didn't the black man colonized Europe? Because he was busy eating the black man from another tribe, sеw his wife's vagina, etc barbaric rituals.
Everyone blames christianity, but it's a form of political control. Fact is - you are unable to govern yourself, and without the help of the UN, Unicef, Doctors without borders etc all African countries, incl. RSA which is hands down the strongest economy, would extinct. You have to stop using slavery as an excuse for everything. A large part of Europe was under slavery for 500 years and got free way after blacks in the US and Africa. And yet those countries are ages before you.

PS: Saying the truth isn't racism.

Was it this:


Note: I dont know if the guy is a scammer, I just stumbled upon this. I cannot neither confirm, nor deny what has been claimed here.

Easiest (fastest) way - money order, or Payoneer (or similar) prepaid debit card that could be debited through Paypal or similar service.

OK a 6TB hard drive is barely worth 2BTC...

Converted to decimal its:

13012 - 11001011010100
12172 - 10111110001100
13142 - 11001101010110
8692 - 10000111110100

Otherwise binaries would be:

101011010011 - 2771
10111110001100 - 12172
1101010110011 - 6835
101111100001 - 3041

I know that when there are zeros as first digits in binaries you have to turn them backwards. Basically every 1 represets an exponent of 2.

so 1001 is 1*2^1 + 1*0^2+ 1*0^3 + 1*2^4  = 9.

The transaction history is very strange though. Seems like it was created this year. So it's possible exchange or an early bitcoiner transferring his coins to a new wallet.

Wow, that is some website you got there! Much african many scams.

Absolutely. My point exactly. Bitcoins themselves might be anonymous, but I don't think exchanges should be such. Exchanges must have some backup. Otherwise a 13yo scammer might create a web-based exchange with no cash and steal millions from dumbasses.

I just don't believe that you're the real Albert Gonzalez, bro.
Him being in prison for the next 11 years and all.

Agreed. Although people like to overbuy non-markets (such as CFDs and cryptos) I also think that no one in their right mind would buy at the top and everyone would sell. That would be the problem. Theoretical huge profits, that cannot be withdrawn. And god knows how many exchanges will follow the path of MtGOX under the pressure of FED.

Wait... Do you claim to be the real Albert Gonzalez? I don't believe you.
Prove it if you are - post a photo of yourself with today's date and username on this forum.

Reason (as per Wikipedia): "...Gonzalez is currently serving his 20-year sentence at the USP Leavenworth, A medium security U.S. penitentiary. He is scheduled for release in 2025.[30]..."

Difference is that with a price of 10k exchanges wouldn't be able to hold the BUY positions. Everyone will be bearish. And there won't be anyone buying at that price. And then what?

Remember Nasdaq's Bernard Madoff? He conveyed a 30 year ponzi-scheme worth billions. He declared profits out of thin air. Profits that did not exist. And when people tried to cash them in - turned out their investments werent real and they had nothing.

What will happen if say BTC reaches 10 grand/btc? Everyone will start selling. However, at some point exchanges will stop, because supply will be astounding and there will be no more demand. So there goes open market for bitcoins.

Those price fluctuations are possible only because very few people have large amounts of bitcoin.

1. Why? All you hypocrites spread this liberal socialist propaganda, about decentralization, and yet all of you are greedy. Everyone expects 1 billion percent increase in price so that they can become a millionaire without a drop of sweat. Well if bitcoin is driven by greed and insanity I don't think it will succeed.

2. I agree - price will stabilize. But I don't think it will increase. I think price needs to drop significantly, in order for the market to grow. Once it reaches 200 million people, even if price is at 25$ stable, there will be ways to buy bitcoin with a credit card and trade on the real forex market - not just market makers. Then an increase of 2$ in price would bring you 1000%. The difference - vast liquidity, making the market move up and down faster and with better predictability and stability. Right now the bullcrap behind it shows.

Wow, two newbies vouching for ya. Seems legit.

He wants you to send first. Guaranteed.

I try to explain as simple as possible, but its hard to argue with people, stubborn for god knows what. I understand that you love Bitcoin. So do I. But that has nothing to do with it.

Lets face facts. No one gets paid in Bitcoin. And no one probably will. At least on paper. So Bitcoin is not a real factor on the market. Bitcoin can only be mined, exchanged or bought. It cannot be worked for, it cannot be used for buying property (theoretically there is such possibility, but due to IRS complications I don't think anyone would risk it).

Second - paper money have been around for hundreds of years. And coins (silver, gold, copper, nickel etc.) for even more. Even If we get back to basics - gold coverage of money etc. There will be stable world currencies. Bitcoin wouldn't be one of them. It has absolutely no value.

The USD is only legal tender - true. However, a lie is not exactly a lie, when 7.8 billion people believe in it. Simply put.

What do I mean - although most of the money are not in existence today, they will exist 20 - 30  years from now. How? Well easy - USD (for instance) has at least 400 million people worldwide using it (not counting banks, IMF, World Bank, BIS etc.). Not only - it is traded against properties with real value - real estate, cars, Oil rigs, and all kinds of stuff, that actually is worth something. It also has so many regulations and institutions working 24/7 to keep it stable, and a whole country, whose entire policy is to keep it safe at any cost.

Bitcoin has no back up. NONE. NADA. ZERO. It has nothing. It has no real value. It's all speculation. That doesn't necessarily mean that it will die, but If we have to be real - it cannot outstand fial currencies. Why?

Lets say that fiat currencies disappear - banks worldwide go bankrupt blah, blah. OK. So now the only real currency is gold, and the few left banks are minting gold coins. Now how exactly will anyone convince me to exchange my gold coins for a currency that I wouldn't be able to use. I wouldn't be able to use it, because in the current situation banks will absolutely forbid anything that inflates currencies. Since they won't be doing it, the only thing left is speculation. And since there won't be any global stock market, forex market etc. the only thing that will keep inflation going are cryptos.

Why wouldn't banks keep inflating it? Because most people, driven by their insane, insatible greed don't keep in mind that the whole thing is a house of cards, and don't want to believe that one day they might wake up with no money. Same thing as the guy in Cyprus, who had 800,000 EUR in his bank account only to wake up one beautiful morning and find that his bank has frozen 700,000. Imagine how he felt...

In conclusion - and although very few people will admit that, I am 100% sure, that if you ask all users of the forum if they would prefer a million dollars (cash) or ~3,300 BTC they will take the dollars.


Just a few words - quantity (users) over quantity (per user). In order for the market to grow, there is no need of more people owning full %s of the market. Exactly the opposite - the more people owning bitcoin, the better for the currency. Why? Because right now a person with 20000 bitcoins should he decide to sell will devaluate the price significantly. It might be irreversible for years. Or forever. No one can really say. If the market corrects itself to more realistic values, say 25$/BTC it will gain huge popularity, and if people are not driven by greed - 10000% profits, but really by their desire for better currency, then it could reach 200 million users worldwide in a few years. When you have so many people demanding and using it (even for coffee, breakfast, cigarettes, tamponts etc.) that is what creates liquidity. And every store will want to join in. Then the large ATM manufacturers will create proper (secure) ATMs, and banks will start to adopt it. But no bank is going to take seriously a currency with a few million users, most of which - whales with huge market share; no transaction security; huge fraud risk etc. etc.

Again - I like Bitcoin, but get real.

Quicker - yes, flexible - yes, secure - NO. Someone can steal millions of dollars worth in a matter of minutes without even knowing who you are, only using your Wallet ID and password (mnemonic on blockchain).
And you need the internet to use bitcoins - a network that might not exist in the future. However, banks have and will exist as long as people live in this political reality.

And again - the more it gets integrated the more the price will devaluate. Otherwise it wouldn't be profitable for businesses. Too few use it today, because of price fluctuations and difficulties thereof - mainly tax based and cashflow projection based.

And yet, although "laughable" it has very solid ground. Bitcoin doesnt. It only has value, until it is traded for USD. If there were no currencies bitcoin wouldn't have any value. Worst thing - currencies have existed since the dark ages, and bitcoin depends on computers and the internet. Without it this currency would cease to exist.

S&P companies have MA (Material Assets) worth Billions including buildings, machines, vehicles, planes, power-plants etc. They have huge personnel of people creating wealth.
It's an indice created by the largest companies in the US. They are backed up by banks, USD as a currency and a huge community with 300+ million people, who makes sure of the currency's liquidity, which secures bank liquidity, which secures the market as a whole.

Bitcoin is invented by an unknown soft dev and businesses accept bitcoin as long as it can be traded for USD and other regular currencies. If exchanges stop their business through fiat currencies, there is no way to calculate a price for it anymore.

Ignorance is bliss. The S&P depends on US economy - large scale businesses. Bitcoin is 100% speculation.
There is the difference. Not only - the more it gets integrated as a payment method, the more merchants would benefit from lower values. When prices boomed it was because Chinese speculants drove it way over the line of resistence and market was severely overbought.