The Everything Bearish Thread

[Dilla]

I like how the Bull thread has legitimate articles daily of bull news, and this is just a bunch of ignorance and failed attempts to bash Bitcoin.

[Hyena]

I like how the Bull thread has legitimate articles daily of bull news, and this is just a bunch of ignorance and failed attempts to bash Bitcoin.

This thread is fabricated to its roots. OP even uses different font sizes to compensate the lack in other aspects.

[Fakhoury]

I like how the Bull thread has legitimate articles daily of bull news, and this is just a bunch of ignorance and failed attempts to bash Bitcoin.

Thank you Dilla, it's my honor to let you enjoy and educate more about the "real" face of Bitcoin.

Thank you again my friend, appreciated.

This thread is fabricated to its roots. OP even uses different font sizes to compensate the lack in other aspects.

My old friend, Hyena. You summed it all buddy, thank you.

[ahpku]

@Hyena; Dilla; Fakhoury: True, this thread would be substantially more readable and -- let's not mince words-- better if you faggots didn't constantly come here to bitch, whine, and shit it up.

That said, your tears are delicious, and not without a certain edifying value. Thanks for letting the world know how bitter and butthurt you bitcoin cultists really are.

We now return you to our regularly scheduled program

From our bullish sister thread:
Qiwi's Bitruble Refuses To Die.
"Sometimes ...dead's better."

Seems anything with 'bit' in the name is newsworthy; repeatedly regurgitated and rechewed, like vomitous cud by a lazy cow. Such is the story of Bitruble, the brainchild of Kolstov and Arkhipov, who have been "researching cryptotechnologies for like a year, maybe a bit more" [direct quote folks, shit you not --ed.]  But this filthy filly has been flogged a few times already:

Lel from our sister thread:

Russian Payments Firm Qiwi Seeks 'Bitruble' Trademark
News URL : http://www.coindesk.com/russian-payments-firm-qiwi-seeks-bitruble-trademark/

Russia's financial ombudsman, Pavel Medvedev, replies:

Russian Official: Payment Giant Qiwi's Digital Currency Idea 'Illegal'

" It's absolutely illegal, such technical hooliganism [is] absolutely inappropriate. The Constitution says who has the right [in] Russia to issue money - it is the central bank. The only currency in Russia is the ruble."

[Dilla]

^like I said, nonsense.  I'm no cultist, and not even a permabull. I just see a lot more good than bad... and the bad, well it just looks like attempts to bring Bitcoin down, but aren't very good.

[ahpku]

^
No cultist thinks of himself as a cultist, Dilla. Unwillingness to admit, even to oneself, just how unsane one's life has become is intrinsic to cultdom. If you understood how unwell you really are, you'd surely give up this crazy cult of yours and look for help. Right away. Then, once you're a little better, you'd find normal, healthy new friends & continue to heal

"See[ing] a lot more good than bad" where there' only fail & AIDS is not unusual, Dilla.  It's all part and parcel of being a cultist loon. Why else would you stay in your cult, hmm? You 'see a lot more good than bad' in it, that's why.
Undoubtedly, you also think there's nothing wrong with you, either. It's all them, those so-called "normals," who are sick. And stupid. No wonder they laugh at you/try to avoid you/recoil in disgust!
Right?

[ahpku]

Bitcoin Startup Funding Drops For The Second-Consecutive Quarter
When the music's over/Turn out the lights. [and grab a chair --ed]

"While bitcoin startup deal activity roared to an all-time high at the end of last year, financing momentum now appears to be fading. Deal activity in the bitcoin space fell to a 5-quarter low in Q3’15, as funding fell for the second-consecutive quarter to $87M, according to CB Insights data.

The drop in overall deals comes in spite of larger financing deals in Q3’15 to startups focused on use cases for bitcoin’s underlying distributed ledger technology, the blockchain.

[ahpku]

[Another] Bitcoin Startup Says Bye to Bitcoin
After Tap[ping] Former Nike Exec to Help 'Democratize Money', Bitreserve drops Bitcoin & the silly name to get down to business.

"As of Wednesday, customers in 30 different E.U. countries can deposit [real] money into Uphold [nee Bitreserve] via bank transfer or from credit and debit cards."

"Minor, too, predicts that bitcoin as a currency “will get destroyed.” He likens the coin’s current market cap—about $3.7 billion—to 'an accounting mistake or rounding error that Bank of America makes.'”

Yeah whatever, technology entrepreneur & founder of CNET Mr. Halsey Minor.
Sellout.

[ahpku]

UK Regulator Lies To Protect Bankster Buddies,
warns against doing business with cryptosphere's leading cryptoinvestment firm, Cryptoconomist.

"This is a firm that we have been told is either operating regulated activities without the correct authorisation, or is running a scam. We strongly suggest you avoid dealing with unauthorised firms like this," says UK Regulator--some government stooge with zero understanding of blockchain technology.
Got any facts to back up those false and libelous accusations, Mr. UK Regulator? Didn't expect to be called on your bullshit ad baculum argument by a intæligent pærson, did you? No, you did not.

Guys!
These conniving Keynesians just wanna keep us down, under their master's thumb!  Don't want us learning exciting new ways to passively >>earn 7000% profit in in just 100 Days<<*, instead of watching our worthless fiat (which they print out of thin air) get worthlessier and waste away in their insecure debt-based legacy banks.

*Investing with cryptoconomist.biz is a fun and family-friendly way to Stick It To The Man!  Click to learn how easy making positive change (and folding money!) really is!

**In other news, second bitcoin ATM installed in Sofia, apparently.
For an exciting interview with its Bulgarian owner, the software developer Nikolay Mitev, and ...other things, check out our sister thread

[ahpku]

New Bitcoin Ransom Virus Paralyzes Greek Networks
Bitcoin continues to solve Greece's financial problems.

New ransomware, identified as CryptoWall, appears to be a successor of CryptoLocker, a computer virus active between 2013 and 2014, which is estimated to have extorted at least $3 million* in bitcoin ransoms.

"In the past several days, the situation has intensified, there are thousands of messages about the infection of corporate networks," the Greek police statement said.

*$3 million, but only if cryptocriminals instantly unloaded their BTC for [real] money, otherwise ~$1 million, due to BTC doing what it did for the past two years. Still, not bad!

[ahpku]

From our bullish sister thread:

Coinify nominated for IFM awards in two categories (!!!)
"The IFM Awards celebrates excellence in its purest form. An event that recognizes and honours individuals and organisations in the international finance industry that make a significant difference and add value, the Award is one that will herald the highest standards of innovation and performance."
News URL : https://news.coinify.com/coinify-nominated-ifm-awards-two-categories/

"Jeesh," you sulk, "Wish I could get MY excellence celebrated in its purest form. I so crave to be recognized by my peers, hell, even honored by way of an Award maybe, is that so much to ask? Doesn't even have to be anything fancy, like the sort that heralds the highest standards of innovation and performance. I'd settle for a used one.
Fat chance tho... It all sounds so ...so complicated."

Not at all, Friend!  Chin up!
1. Go here: http://www.internationalfinancemagazine.com/awards/nomination
2. Fill out form
3. Click "submit"
4. You're done! Enjoy your new nomination! *Nothing happening. Make ur own news.

[toinew]

some articles in this thread are a bit FUD
But some other are legitimate news.
So please keep it constructive and avoid the trolls.

Thanks OP for doing some effort to bring another point of view to this forum that is usually Bullish Biased.

[talks_cheep]

@fuckhouri,

Stop your spreading your lies on this thread, go back to your "Everything Bullshit News" thread and stay there.

[ahpku]

Since you visit my thread, you see how I deal with other people.
...

You mean delete all the sane/reasonable posts, and suck up to your own socks, who tell you how cool u r the few lonly loons anyone who gives you the time of day?

[Fakhoury]

People : Don't take this thread as a serious thread, this is a FUD distributed by someone called Lamb (NCL), on the other hand, seek a real and informative threads which really shows the true face of bitcoin. PLEASE don't be fooled, those people and most the repliers here are people who are with an agenda or some losers who envy others like Holders.

Thank you.

[ahpku]

^^Please take your embarrassing self back to your self-moderated sandbox of shame.
Don't understand why you haven't been banned yet (but thanks for the cleanup, mods).

Does Bitcoin Have an Energy Problem?
Asks energy blogger Joe Carter, going on to conclude that hell yeah, it sure does!

If we assume that all Bitcoins were mined as cheaply as $150 a coin, then it cost $3.1 billion to pay the electricity costs to put all those coins in circulation. It would also have created 31.5 million tons of CO2.
You don’t have to be a hysteric about climate change to find those figures troubling. That’s a lot of wasted energy for a “make-work” project.

Just in case you're still unsure, Joe, there's also this:

Bitcoin Strikes Back
From the dusty "How is this still news?" files:
Bitcoin, backed by shamelessly wasted energy, helps fight creeping environmentalism.

"Vast amounts of electricity go into feeding the Bitcoin delusion. Fortunately, it's unlikely that the digital currency will survive long enough to generate the environmental disaster that would arise if it became a major part of the financial system," writes John Quiggin, going on to explain that "The same design feature that requires the use of so much electricity is the fatal flaw in Bitcoin as a currency."

Fist bump? Fist bump!

[Darkbot]

I like how the Bull thread has legitimate articles daily of bull news, and this is just a bunch of ignorance and failed attempts to bash Bitcoin.

This thread is fabricated to its roots. OP even uses different font sizes to compensate the lack in other aspects.

This thread shoud be deleted ASAP!

[toinew]

Bitcoin Node Numbers Fall After Spam Transaction 'Attack'

"The number of reachable nodes has declined further following an "attack" that overloaded the bitcoin network.

Last week, an unknown actor sent a deluge of spam that left bitcoin's nodes – the clients that store and relay transactions – with upwards of 88,000, or 1GB worth, waiting in their collective memory pool.
[...]

By Thursday, node numbers on tracking service Bitnodes had dropped 10%."


source: coindesk

[RKing]

^^Please take your embarrassing self back to your self-moderated sandbox of shame.
Don't understand why you haven't been banned yet (but thanks for the cleanup, mods).

Does Bitcoin Have an Energy Problem?
Asks energy blogger Joe Carter, going on to conclude that hell yeah, it sure does!

If we assume that all Bitcoins were mined as cheaply as $150 a coin, then it cost $3.1 billion to pay the electricity costs to put all those coins in circulation. It would also have created 31.5 million tons of CO2.
You don’t have to be a hysteric about climate change to find those figures troubling. That’s a lot of wasted energy for a “make-work” project.

Just in case you're still unsure, Joe, there's also this:

Bitcoin Strikes Back
From the dusty "How is this still news?" files:
Bitcoin, backed by shamelessly wasted energy, helps fight creeping environmentalism.

"Vast amounts of electricity go into feeding the Bitcoin delusion. Fortunately, it's unlikely that the digital currency will survive long enough to generate the environmental disaster that would arise if it became a major part of the financial system," writes John Quiggin, going on to explain that "The same design feature that requires the use of so much electricity is the fatal flaw in Bitcoin as a currency."

Fist bump? Fist bump!

How much CO2 do all the banks produce? Hundreds of times over!!!

[Hyena]

In the meanwhile BTC reached 260$. Bitcoin doesn't care about bearish news.