Fun Conspiracy theory!

[adamstgBit]

Central banks don't like competition, and since it can't flat out go after bitcoin ( because that would make them look like the bad guy, and wake up too many people to the reality that fiat is actually a scam and worthless) they have taken it upon themselves to destroy bitcoin from within  . they are now in the process of acquiring a large % of bitcoin which they will use to crash the market, there by destroying confidence in bitcoin.

[Yuhfhrh]

I just don't think that's happening, sorry Adam lol

[Uncurlhalo]

Yaaaa conspiracies are fun! So how far along in this plan are they? What's the budget for buying up all the coin? Just US central banking, world banking?

[adamstgBit]

Yaaaa conspiracies are fun! So how far along in this plan are they? What's the budget for buying up all the coin? Just US central banking, world banking?

Bitcoin is a threat to the very essence of banking, and so the highest levels of banking ( world banking ) are taking care of it.

at first they thought bitcoin would implode on itself, so they didn't bother, but after the rise to 7$ they took the treat more seriously, and came up with a plan to destroy bitcoin!

the "budget" is of little concern to them, they will pay wtv it cost, but they don't want to wast money.

[knight22]

at first they thought bitcoin would implode on itself, so they didn't bother, but after the rise to 7$ they took the treat more seriously, and came up with a plan to destroy bitcoin!

the "budget" is of little concern to them, they will pay wtv it cost, but they don't want to wast money.

Any sources for what your saying?

[adamstgBit]

at first they thought bitcoin would implode on itself, so they didn't bother, but after the rise to 7$ they took the treat more seriously, and came up with a plan to destroy bitcoin!

the "budget" is of little concern to them, they will pay wtv it cost, but they don't want to wast money.

Any sources for what your saying?

http://www.libertariannews.org/2011/08/30/bitcoin-fbi-admits-to-engaging-in-infiltration-disruption-and-dismantling-of-competing-currencies/

 

[jojo69]

gawd I would love to buy illuminati BTC at pennies

[mccorvic]

Inncorrect. It's the yeti.

[nobbynobbynoob]

After they killed Kennedy, anything is possible. Regardless of who shot him.

[gmiwenht]

[deleted]

[adamstgBit]

This is actually not fun to think about. It is very troubling indeed. 

lol
right.

well the super cheep coins they sell us could be pretty funny 

[DeathAndTaxes]

I promises to not be part of the super secret cartel of banks.  If you fear you may send your coins to black flag bitcoiners you can sell them to me (10% below market price) and I will keep them safe.   Protect Bitcoin, sell me your coins!

[Hyena]

They would rather buy shit load of ASCIs with their bankster money and disturb the bitcoin network by doing that. To protect against that we should probably make bitcoin v2.0 where hash calculation changes the algorithm periodically so that such high performance devices couldn't be ever done.

[adamstgBit]

[herzmeister]

they are now in the process of acquiring a large % of bitcoin which they will use to crash the market, there by destroying confidence in bitcoin.

well apparently, "operation pirate" failed, didn't it. 

[Anon136]

this misses the point of bitcoin somewhat. In my mind (and we could probably have a debate about this) bitcoins functionality as a store of value is secondary, its primary function is to be the ultimate medium of exchange. This should mean that it shouldnt realy matter how much a bitcoin is worth, if the price drops to 1/100th of what it is today than if you want to buy something with bitcoin tomorrow than you can simply buy 100 times as many coins before you make the transaction. The only people who should really feel any pain are speculators, and speculators should always be prepared to take a loss.

[DobZombie]

well apparently, "OPERATION dupe greedy fools with obvious Ponzi scheme" failed, didn't it. 

Fixed that for ya!