The Everything Bearish Thread

[ahpku]

Russia may soon ban bitcoin really hard:
https://www.cryptocoinsnews.com/russian-finance-ministry-proposes-a-4-yr-prison-sentence-for-bitcoin-users/

The world is finally beginning to understand Bitcoin. And to ban it, naturally.

British Pigs Pop 15-Year-Old Bitcoin Boy In Telecom Hack
From our new Bitcoin Wunderkinds department

British police arrested a 15-year-old Bitcoin entrepreneur in relation to a massive hack of British telecom TalkTalk Group, according to Silicon Angle. The budding businessman demanded a ransom of approximately £80,000 (~USD $122,000) in Bitcoin upon h4xx0ring the company's servers, threatening to publish the TalkTalk’s customer data unless his demands were met. While the FBI is recommending that victims of Bitcoin criminals should cry like little girls and do whatever crypto-extortionists say, the Scotland Yard chose instead to nab Bitcoin Boy, and not reward him with £80,000 (~who knows how much in BTC, ~$122,000 in real money) [to prevent the precocious tyke from spending it all on candy & drugs on some sleazy DNM -ed].

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[ahpku]

^^
Once we place you Pedo peso profiteers in gulags, where you belong, those numbers will plummet
No cell phones or WiFi in Russian jails, Fakhoury. Only big angry zeks who don't take kindly to your kind. Eager to punish you for destabilizing Mother Russia's economy and devaluing [real] money.

[ahpku]

^^Bitcoin pimps and crypto criminals such as yourself will be brought to justice with or without me, I'm here only to warn the unwary few who still might be stupid enough to fall for your sleazy MLM scheme. Which is already in the process of collapsing. Even as we speak.
And, won't lie, to point fingers and laugh.

Bitcoin's Done. Put A fork In It.
So says Daphne Howland, contributing editor of Retail Dive, the publication focusing on [dying] retail trends and [failing] marketing fads.

'When Overstock’s brash CEO and chairman Patrick Byrne proclaimed last year that his company had ushered in a brave new world with its move to accept bitcoin payments, one that even Amazon would soon be compelled to join, the idea still seemed possible. These days, bitcoin is at best limping along as a viable payment, dragged down by scandal, falling value, and a split in the community that uses it over whether the crypto-currency should or shouldn’t be regulated.'

You know it, Daphne. Don't mean that ded pony ain't due a few more floggings tho.

[ahpku]

^^The article was published literally minutes ago. I found Daphne Howland's take on bit-coin cogent and pertinent to this, my thread. Unlike your spergy commentary.
What's wrong with you? Your assburgers acting up again?
Why must this be repeated, over and over?

@Fakhoury: Go be a faggot elsewhere, ty.

@Fakhoury
Consider returning to your self-moderated thread, no need to shit up this one too.
Or back to peddling stolen MSDN keys, whichever. https://bitcointalk.org/index.php?action=trust;u=357170

From our Fun Facts department:

http://www.bloomberg.com/news/articles/2015-10-26/the-bitcoin-startup-boom-comes-back-down-to-earth

[Zarathustra]

^^
Once we place you Pedo peso profiteers in gulags, where you belong, those numbers will plummet
No cell phones or WiFi in Russian jails, Fakhoury. Only big angry zeks who don't take kindly to your kind. Eager to punish you for destabilizing Mother Russia's economy and devaluing [real] money.

https://twitter.com/coindesk/status/334646859920441346

[ahpku]

^A tweet by some bro who thinks 'critique' is a fancy way of saying 'criticized'? I see what you mean

[NatoshiSakamato]

Rough days for aphku... All this effort and Bitcoin about to break 300$ anyway  

[ahpku]

"Bitcoin? Anti-Bank? Hehehe" Chuckles Bitcoin's Chief Sellout Bobby Lee

'Hell no you no be your own bank, you crazy?!' guffawed Bobby 'Face You Can Trust' Lee, CEO of bit coin mining and exchange giant BTCC. 'That joke we make up chop chop, make Bit coins sell easy to Libercrazians. My volume much real too, ha ha!'

[ahpku]

Frightened Man Rescued, Bitcoin Kidnappers Foiled. Again.
'His face was bruised and he was clutching his legs, which were covered in cuts. '
From our burgeoning 'Let's get sushi... and not pay!' department.

Taiwanese police have rescued a kidnapped old man who was held hostage for more than a month and beaten by a gang of bit coiners demanding a $9 million ransom, authorities said Wednesday. Television footage of the rescue showed the 67-year-old, also known as Wong Kwan, looking thin and frightened as he sat on the floor of a bare room with his feet shackled [shackled by heartless bitcoiners -ed]. Fifteen Bitcoiners were arrested over the abduction, including the suspected mastermind. In emails to Wong's office in Hong Kong the Bitcoiners had demanded a ransom of HK$70 million (roughly $9 million in real American money), to be paid in bitcoins, the official currency of internet criminals.

Bitcoiners Threaten 4 Thai Banks
More from our burgeoning 'Let's get sushi... and not pay!' department.

Four Thai banks have been threatened by a group of anonymous bitcoiners [as if there's any other kind -ed], demanding the payment in Bitcoins or face cyber attacks, according to a source from the IT industry. The Bitcoin extortionists called themselves "Armada Collective", the source said. "Nothing happened today," stated an executive of one of the banks, "Probably still downloading LOICs on their shitty shared dialup connection, lol!"

Bitcoin CEO Bought Hookers With Your Dough
'I regret nothing' says Bitcoin CEO Mark Karpeles.
Still more from our burgeoning 'Let's get sushi... and not pay!' department.

The head of collapsed bit-coin exchange Mt. Gox is facing fresh embezzlement charges, as local media reveal that some of the coin he 'allegedly' stole from you were spent on prostitutes, lol.

[ahpku]

Digital CC Abandons Bitcoin, Rebrands to Digital X

Former bitcoin miner and transaction processor Digital CC has terminated all bitcoin related operations by rebranding to Digital X to focus on its remittance product and blockchain-based software development AirPocket and Digital X Direct. "The rebranding represents a strategic change from a focus on bitcoin as a mechanism to store value to a focus on software development. While the company has made a strategic change towards applications within the remittance market, it is still leveraging its skills and experience gained within the bitcoin industry."

Bitcoin Ransoms Are Becoming More Popular
The reason for the current price bubble, experts claim.
From our burgeoning 'Let's get sushi... and not pay!' department.

Two different kidnappings in two different parts of the world have taken the world of illicit Bitcoin activities to a new level. Long discussed as the currency of the Silk Road, the online drug marketplace only accessible via Tor, it appears a new, more violent criminal is turning towards the digital currency to get away with kidnapping.

[ahpku]

We've Got A Bigger Problem Now
Payza/Obopay civil disputes put on hold while jackbooted government thugs cook up outrageous criminal charges.
From our burgeoning 'Let's get sushi... and not pay!' department.

The United States has opened a criminal investigation involving Ponzi-forum darling Payza, one of the first "legitimate" money transfer services integrating Bitcoin. Details of the probe are unclear, but the office of U.S. Attorney Channing D. Phillips of the District of Columbia confirms on its website that the U.S. Department of Homeland Security through Homeland Security Investigations (HSI) is involved in the investigation. So is the Washington, D.C. Financial Crimes Task Force.

[ElectricMucus]

Where is Fakhoury? I miss these posts.

[ahpku]

Bitcoin Banned In Taiwan
From our burgeoning 'Let's get sushi... and not pay!' department.

Taipei, Nov. 2 (CNA) Bitcoin is illegal in Taiwan, said Financial Supervisory Commission (FSC) Chairman Tseng Ming-chung (曾銘宗) on Monday after kidnappers in Taiwan tried to collect a ransom through the virtual currency late last month. Asked at a legislative hearing if the virtual currency can be used in Taiwan, Tseng said it was illegal and pledged that the FSC would work with the country's central bank and police to crack down any illegal act. The FSC will also publish a statement jointly with the central bank to inform other countries of such regulations, he said.

[ahpku]

Side-Channel Attack on Bitcoin? Sure, But Only If You Have A Gun.
Beretta-Brandishing Bitcoin Bandit Boosts Head Shop's Prized Bitcoin ATM; Flees In Chevy Cavalier Chuck-full Of Other Criminals.
You got it, more from our burgeoning 'Let's get sushi... and not pay!' department.

“I was like ‘what are you doing?! And that’s when he fired the shot and told me to back up,” recalled store manager Amanda McCollum, still visibly shaken by the ordeal. "I loved that Bitcoin ATM, it was seriously worth, like, $7,000! And it was full of money, too. Maybe $2,000 ...or $3,000... that's right, now that I think about it, it was  $30,000. There's no way they'll catch that hooded guy totally not my stoner boyfriend tho, which makes me sad." Atlanta Police Department Spokeswoman Elizabeth Epsy confirmed that while the firearm was drawn and shot, nobody was injured, before collapsing on the floor in fits of rollicking laughter.

[ahpku]

Be A Part Of New Zealand's Bitcoin Dragnet

New Zealand Police is investigating a threatening email from Bitcoin enthusiasts claiming to be the terrorist hackers Syrian Electronic Army (SEA). The bit-coin criminals warn that unless the recipient pays $1,500 in bitcoin, the files in their computer will be lost, someone in their family will be killed and their house will be destroyed by fire.

"I would suggest it's probably some form of a scam," said the Auckland Police District Command Centre' Senior Sergeant Scott Rees, "just like pretty much everything about bit-coin." Nonetheless, New Zealand's Jackbooted Thugs are advising New Zealanders to be on the lookout for bitcoin crooks, and even set up a special email address, firescam@police.govt.nz, where you could anonymously snitch on your bitcoin buddies.

In other news,
ProtonMail, a bitcoin-accepting encrypted email service, coughed up $6000 in bit-coins to stop Bit-coin extortionists' DDoS attack, but DDoS carries on anyway, lol.

In an attempt to stop the DDoS onslaught and due to "pressure by third parties," ProtonMail "grudgingly" agreed to pay the cyberattacker's $6000 ransom to "spare the other companies impacted by the attack." Nevertheless, the attack continued even after the Bitcoin-based ransom was handed over.

Serves you right, ProtonMail. That's what you get for cooperating with bitcoin criminals.

[shamati]

Sir, delete your post.


Only good bitcoin news please.   No bad new.   No stop any new pump  please.

[ahpku]

There'll Always Be A Mourning After

Bitcoin Price Drops to $315 As Experts Talk About Ponzi Schemes

It hasn’t been long since bitcoin enthusiasts were happy to see the price reaching its peak of $500 in such international exchanges as OKCoin, BTCC, BitFinex and Bitstamp. However the success turned out to be unstable [lol -ed].

Bitcoin price began to drop to $315 this morning which means practically a 30% decline.

[ahpku]

Lowered Expectations



~ time passes ~

[Dump3er]

Lowered Expectations



~ time passes ~

 

[talks_cheep]

We will probably see $500 in 2016 (due to halving), but the important thing is it will drop down to $250 and will stay there the rest of the year. If you haven't learned anything about bitcoins, it is that it LOSES value CONTINUOUSLY.