The Everything Bearish Thread

[ahpku]

Bitcoin Terrorists Linked To Paris Attacks
From our burgeoning 'Let's get sushi... and not pay!' department.

Ghost Security Group confirmed to NewsBTC that ISIS is “extensively using bit-coin for funding their operations” and that the group has “managed to uncover several bit coin addresses used by them.” Furthermore, bitcoin is “their prime form of currency.” No evidence was given, as the hackers “cannot go into more detail at the moment on current investigations.”

Thanks, Ghost Security Group guys. Never forgive. Never forget!
In other news,
USD Used More often than BTC To Launder Money, Claims Researcher

Bitcoin scientist contends that Bit-coin, the budding currency of the underworld which accounts for as much as 0.0000000001% IRL financial transactions, is only responsible for 40% of criminal-to-criminal payments.

[1715603795]

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[1715603795]

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[worhiper_-_]

Bitcoin Terrorists Linked To Paris Attacks
From our burgeoning 'Let's get sushi... and not pay!' department.

Ghost Security Group confirmed to NewsBTC that ISIS is “extensively using bit-coin for funding their operations” and that the group has “managed to uncover several bit coin addresses used by them.” Furthermore, bitcoin is “their prime form of currency.” No evidence was given, as the hackers “cannot go into more detail at the moment on current investigations.”

Thanks, Ghost Security Group guys. Never forgive. Never forget!
In other news,
USD Used More often than BTC To Launder Money, Claims Researcher

Bitcoin scientist contends that Bit-coin, the budding currency of the underworld which accounts for as much as 0.0000000001% IRL financial transactions, is only responsible for 40% of criminal-to-criminal payments.

Holy shit, not to say that this was unexpected for me and I really don't see why other people in the community find this unlikely. But god dammit this is literally the worst news that could come out about bitcoin at this moment.

It isn't even the first time ISIS is linked to bitcoin, terrorists have started realizing how suitable bitcoin is for their activities... And the sad thing is that this would be extremely hard to solve, perhaps even impossible under the current standards.

[ahpku]

Breaking: Anonymous Fraudster Not Eligible For Nobel Prize
From our How is this even news? department

Since UCLA Professor of Finance Bhagwan Chowdhry suggested nominating supposed Bitcoin creator Satoshi Nakamoto for the 2016 Nobel Laureate in Economic Sciences, a lot of questions have come up. Namely, whether the Nobel Committee could award the prize to someone who might not even exist. It looks like the answer is no. In a terse statement, the organization's press officer, Hans Reuterskiöld, explained that the Sveriges Riksbank Prize in Economic Science in Memory of Alfred Nobel is never awarded anonymously nor posthumously. Also, claim sources close to the story, 'Dr. Bhagwan Chowdhry will not be invited to make any more crazy nominations.'

First Ross doesn't get the Nobel Peace Prize but life in poison instead, and now this...

[ahpku]

G7 To Crack Down On Virtual Currencies
November 18 2015 at 08:41pm
By Reuters

Berlin - The Group of Seven industrial nations plan to tighten the regulation of digital currencies such as bitcoin, which they suspect Islamic State is using to move funds secretly, the German magazine Der Spiegel reported on Wednesday. Stung by last week's Paris attacks, which Islamic State has claimed, the G7 finance ministers discussed the regulation of the so-called “fintechs” or financial technology firms on Monday at a private meeting during a Group of 20 summit in Turkey, the magazine said. The German Finance Ministry declined to comment, saying that G7 ministerial meetings were confidential [but if you did nothing wrong, you got nothing to worry about -ed].

[windjc]

This thread is pure horseschit, it has it all; trolls, fudsters and idiots.

btw the Bullish version outweight this one by far.

No. Negative news will always get more clicks than positive news. Fear is the strongest motivator. And it can be addictive.

The ironic things about these threads is that "news" doesn't really move price. Negative news has no impact in a bull market while positive news seems to move the market. And vice versa.  Sentiment of speculators is tied to technicals, while supply demand fundamentals create long term price. Everything else is just noise.

If anything negative news is just a reminder that bitcoin is a disruptive technology that will be hated and disputed by many individuals, institutions and governments.

Whether bitcoin succeeds as a technology will be determined over the next 5-50 years, not today. No matter what the headlines are.

[Darkbot]

Bitcoin Terrorists Linked To Paris Attacks
From our burgeoning 'Let's get sushi... and not pay!' department.

Ghost Security Group confirmed to NewsBTC that ISIS is “extensively using bit-coin for funding their operations” and that the group has “managed to uncover several bit coin addresses used by them.” Furthermore, bitcoin is “their prime form of currency.” No evidence was given, as the hackers “cannot go into more detail at the moment on current investigations.”

Thanks, Ghost Security Group guys. Never forgive. Never forget!
In other news,
USD Used More often than BTC To Launder Money, Claims Researcher

Bitcoin scientist contends that Bit-coin, the budding currency of the underworld which accounts for as much as 0.0000000001% IRL financial transactions, is only responsible for 40% of criminal-to-criminal payments.

bitcoin is “their prime form of currency'' ?

This is beyond retarted, weapons cost a lot of money and the price is still around $330 per coin. IF ISIS is buying coins for weapons why i dont see moon?

fcking noobs, they dont even got a decent brain to think!

[anthonycamp]

terror by money its in all not just btc or euro or dollar it happens when power comes to terror

[ahpku]

Bitcoin Terrorists Linked To Paris Attacks
From our burgeoning 'Let's get sushi... and not pay!' department.

Ghost Security Group confirmed to NewsBTC that ISIS is “extensively using bit-coin for funding their operations” and that the group has “managed to uncover several bit coin addresses used by them.” Furthermore, bitcoin is “their prime form of currency.” No evidence was given, as the hackers “cannot go into more detail at the moment on current investigations.”

Thanks, Ghost Security Group guys. Never forgive. Never forget!
In other news,
USD Used More often than BTC To Launder Money, Claims Researcher

Bitcoin scientist contends that Bit-coin, the budding currency of the underworld which accounts for as much as 0.0000000001% IRL financial transactions, is only responsible for 40% of criminal-to-criminal payments.

bitcoin is “their prime form of currency'' ?

This is beyond retarted, weapons cost a lot of money and the price is still around $330 per coin. IF ISIS is buying coins for weapons why i dont see moon?

fcking noobs, they dont even got a decent brain to think!

Because ISIS uses bit-coin the way it has been designed to be used -- as money, not as a store of wealth.
ISIS is not hoarding BTC -- criminals aren't stupid -- but rather uses it to move huge sums of money, cheaply and nearly instantaneously, anywhere in the world. And then sells it to bitcoiners (like you) for real money (like USD).

[conspirosphere.tk]

Bitcoin Terrorists Linked To Paris Attacks

Next we'll hear of cryptoids blowing up their ASICs in their mom's basement when surrounded.
Be afraid of the cryptoids.

[ahpku]

Bitcoin Terrorists Linked To Paris Attacks

Next we'll hear of cryptoids blowing up their ASICs in their mom's basement when surrounded.
Be afraid of the cryptoids.

Oy vey! Blowing up ASICs? These bit-coiners sure start young! From their mom's basements, you say? Like this young gentleman here?

Amin admitted in a statement of fact as part of the plea agreement to using the twitter handle @Amreekiwitness to "provide advice and encouragement to ISIL and its supporters," according to a Department of Justice press release.

Additionally, Amin taught followers how to use bitcoin to covertly send funds to the terror group.

[ahpku]

Former Bitcoin Companies Erasing Their Embarrassing 'Bit's
From our Let Us Never Speak of This Again department:

As the cryptocurrency loses favour, it looks like some companies may be rewriting history to explain away their names. We’ve all been there: sometimes you start a company, run it successfully for a few years, and then realise you hitched your horse to a slowly dying technology and there’s nothing you can do about it. So spare a thought for the companies scrabbling to jump off the bitcoin ship before it sinks. The currency’s value has been static for months (except for a brief boom and bust in early November when it was caught up in a Chinese ponzi scheme), but perhaps more damningly still, the hype has all but disappeared.

Damn you, mainstream media!

[adamstgBit]

Former Bitcoin Companies Erasing Their Embarrassing 'Bit's
From our Let Us Never Speak of This Again department:

As the cryptocurrency loses favour, it looks like some companies may be rewriting history to explain away their names. We’ve all been there: sometimes you start a company, run it successfully for a few years, and then realise you hitched your horse to a slowly dying technology and there’s nothing you can do about it. So spare a thought for the companies scrabbling to jump off the bitcoin ship before it sinks. The currency’s value has been static for months (except for a brief boom and bust in early November when it was caught up in a Chinese ponzi scheme), but perhaps more damningly still, the hype has all but disappeared.

Damn you, mainstream media!

its already sunk! 6 months ago lol!

[ahpku]

its already sunk! 6 months ago lol!

Chin up, there's still hope!

[Darkbot]

This noob thread needs to be deleted!

[ahpku]

Exactly.
Not sure why noob Darkbot hasn't been banned yet. I don't report posts as a matter of principle, but this user has never contributed anything other than rage.
Mods?

[afbitcoins]

Terrorists using bitcoin as money means bitcoin is useful as money. Is that meant to be bearish for bitcoin which is a form of money. Or am I missing the point? To me that is bullish.

(And I'm not condoning how it was used before anyone tries that card)

[ahpku]

Terrorists using bitcoin as money means bitcoin is useful as money. Is that meant to be bearish for bitcoin which is a form of money. Or am I missing the point? To me that is bullish.

(And I'm not condoning how it was used before anyone tries that card)

Well see, you don't quite get how this world works.
Sure, drug dealers using bitcoin as money gives bitcoin a temporary boost, as does its use by kidnappers and extortionists and pedophiles.
Caveat: the boost is temporary, like a snort of shitty crank bought on DNM. All this monetary hooliganism doesn't win bitcoin any friends.
No.
It provokes righteous anger from the powers that be, the same powers-that-be which bitcoiners have been taunting from the git-go, like aspy little purse dogs yapping at a sleeping mastiff.

Is it any wonder that mainstream media shows you no love? Retarded outbursts like "terrorists use our tokens? This is actually good for bitcoin!"

That's why I won't shed a tear when your pedo-pesos are banned in EU, and why I'll smile while thinking about bitcoiners getting assraped reeducated by big burly zeks with deceptively sweet names, like Sereja and Volerachka.
For four years.
Flat time.
In Siberian gulags, where y'all belong.

[afbitcoins]

Terrorists using bitcoin as money means bitcoin is useful as money. Is that meant to be bearish for bitcoin which is a form of money. Or am I missing the point? To me that is bullish.

(And I'm not condoning how it was used before anyone tries that card)

Well see, you don't quite get how this world works.
Sure, drug dealers using bitcoin as money gives bitcoin a temporary boost, as does its use by kidnappers and extortionists and pedophiles.
Caveat: the boost is temporary, like a snort of shitty crank bought on DNM. All this monetary hooliganism doesn't win bitcoin any friends.
No.
It provokes righteous anger from the powers that be, the same powers-that-be which bitcoiners have been taunting from the git-go, like aspy little purse dogs yapping at a sleeping mastiff.

Is it any wonder that mainstream media shows you no love? Retarded outbursts like "terrorists use our tokens? This is actually good for bitcoin!"

That's why I won't shed a tear when your pedo-pesos are banned in EU, and why I'll smile while thinking about bitcoiners getting assraped reeducated by big burly zeks with deceptively sweet names, like Sereja and Volerachka.
For four years.
Flat time.
In Siberian gulags, where y'all belong.

Interesting and eloquent, thanks for sharing

[ahpku]

Money Launderer Sues Real Company in Kenyan High Court.
Safaricom takes its toys and goes home; BitPesa cries like a little girl, runs to Nanny State to make it all better.

Elizabeth Rossiello, CEO and co-founder of BitPesa, said in a statement to CoinDesk: "I do not wish to comment much on a matter in court. BitPesa has been wronged, which is why we have referred the matter to court. I am deeply disappointed that the media continues to publish incorrect information that diverts from the evidence submitted to the court, but we will let the court determine the matter. We remain confident that even a small company like BitPesa will gain a fair trial and look forward to the court's decision."

[ahpku]

Good News, Everyone!
From our burgeoning 'Let's get sushi... and not pay!' department.