Bitcoin is an Illuminati Scam?

[Anti-Cen]

Bankers scam you mean and you can follow the path back from foreign agents: S-M from Japan
to hardware manufactures enjoying the CPU wars and big oil who like to see more electricity
wasted.

90KWH of energy per transaction (Not new coins) just to store 250 bytes of data in the
blockchain is a scam alright 

Not content with this the men with big noses want a piece directly via banking so have
taken over all the so called decentralized full nodes and created a monopoly and this
allows them to charge us $45 per transaction.

See the graph https://blockchain.info/pools
Ten big names control 90% of all transactions and the development team for BTC
acts like they can do nothing to stop this because they are paid for too.

Segwit2x here I come

 

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[Lannie25]

I don’t think so that bitcoin is an illumanti scam. All news about it is just rumours, gossips and allegations; in other words all these things are not true and they have no basis or proof to support this.
The company and management of bitcoin is a legal company and has a authority from the government to  conduct business services in the country.

[anushkasachith888]

I don’t think so that bitcoin is an illumanti scam. All news about it is just rumours, gossips and allegations; in other words all these things are not true and they have no basis or proof to support this.
The company and management of bitcoin is a legal company and has a authority from the government to  conduct business services in the country.

[[The company and management of bitcoin is a legal company and has a authority from the government to  conduct business services in the country.]]

Excuses me, are you sure about what you talking about? BTC is decentralized, bitcoin isn't regulated by any one. right? So it is not a company or Inc...

[serhishulak]

every day the theories are more strange 

[Anti-Cen]

The company and management of bitcoin is a legal company and has a authority from the government to  conduct business services in the country.

Yes and these stories we hear about google being in 90% of all pages on the internet is made up even if you can view source and see it here
and X-Boxes do not turn on every 15 minuets when the power lights off to access the disk drive plus LAN devices (DLNA) and any logs from routers that show traffic
from X-Boxes or Windows uploading content over SSL is all fake and is coming from Russian hackers who have seized control of your wifi-router 

Do not call it CPU wars between miners as they are forced to spend more and more money buying Intel chips and
all the electrical energy wasted to send and replicate data 20,000 times is produced by renewable sources.

[Virtual miner]

  out of all the theories ever heard about the origin of bitcoin this one really appeals me the most. Not because it sounds like truth but just because its the most mysterious out of all. But I think we need to call upon mighty theymos to give an exact answer to this query. Because as far as I know he knows who has started the bitcoin and its blockchain. But your points give no connection to any illuminate scheme except for the fact that its founder is anonymous.

[anushkasachith888]

out of all the theories ever heard about the origin of bitcoin this one really appeals me the most. Not because it sounds like truth but just because its the most mysterious out of all. But I think we need to call upon mighty theymos to give an exact answer to this query. Because as far as I know he knows who has started the bitcoin and its blockchain. But your points give no connection to any illuminate scheme except for the fact that its founder is anonymous.

Yeah that's why heading comes with a ? mark. 
I think this thread could create a ideal platform to launch a discussion  Bitcoin and CRYPTO as many people still suspect of CRYTP and BTC. Thanks for your participation either..

[weblouartisan]

Hi I am a newbie here in Bitcointakorg. Also I am new to Crypto trading fielding as well. While I was talking to one of my friends about Crypto Market. He doubted this new currency trend. As He said There is Illuminati behind this project.  He submitted me some facts exacting some one's article that It is a scam and that could cause to loose everything one day. I will list them here below one by one.

1. Bitcoin is not a company, It has no corporate entity..
  (You can't sue bitcoin, inc. If the promises you were made about bitcoin price valuations don't pan. There is no bitcoin, inc)

2. Bitcoin doesn't have any earnings, revenues, profits, profits or P/E ratios.

3. Bitcoin trading isn't regulated by any one.

4. If the internet goes down, Bitcoins cease to exit.

5. Very few accept bitcoins as form of payment. ( although this could grow)

6. Bitcoins transactions are not free and fee getting increased time to time.

7. You can't sue anything if you loose your bitcoins,

8. Nearly all bitcoins promoters have a conflict of interest in attracting more buyers in to bitcoins.

9. Bitcoin isn't very liquid market compare to stock market, Transactions can days to clear

10. Because of bitcoin isn't regulated by the SEC, Bitcoin promoters can claim any forward - looking estimates for future
   ( the government cannot take any legal action against them )


I would like to know you people's views regarding above facts, Really Appreciate your participation, Looking forward to learn many things from you as a newbie. Thanks in advance.

Projects are being made by developers who are creating ico's and promoting their altcoins. In this way there are a lot of people who will have a job because they need participants in their campaign to advertise their coin in order to get more investors.

[anushkasachith888]

Hi I am a newbie here in Bitcointakorg. Also I am new to Crypto trading fielding as well. While I was talking to one of my friends about Crypto Market. He doubted this new currency trend. As He said There is Illuminati behind this project.  He submitted me some facts exacting some one's article that It is a scam and that could cause to loose everything one day. I will list them here below one by one.

1. Bitcoin is not a company, It has no corporate entity..
  (You can't sue bitcoin, inc. If the promises you were made about bitcoin price valuations don't pan. There is no bitcoin, inc)

2. Bitcoin doesn't have any earnings, revenues, profits, profits or P/E ratios.

3. Bitcoin trading isn't regulated by any one.

4. If the internet goes down, Bitcoins cease to exit.

5. Very few accept bitcoins as form of payment. ( although this could grow)

6. Bitcoins transactions are not free and fee getting increased time to time.

7. You can't sue anything if you loose your bitcoins,

8. Nearly all bitcoins promoters have a conflict of interest in attracting more buyers in to bitcoins.

9. Bitcoin isn't very liquid market compare to stock market, Transactions can days to clear

10. Because of bitcoin isn't regulated by the SEC, Bitcoin promoters can claim any forward - looking estimates for future
   ( the government cannot take any legal action against them )


I would like to know you people's views regarding above facts, Really Appreciate your participation, Looking forward to learn many things from you as a newbie. Thanks in advance.

Projects are being made by developers who are creating ico's and promoting their altcoins. In this way there are a lot of people who will have a job because they need participants in their campaign to advertise their coin in order to get more investors.

Hey if someone want to be part of crypto marketing campaign of particular coin, how to join with them? do you have any idea?

[rudarrade]

Gee, I think you might be right
https://i.imgur.com/mZ2diog.jpg

[zabi446]

Totally agree

[anushkasachith888]

Totally agree

ZABI446, One question, Thanks for the response, If you agree with these points can I know why you are here? may be you got your reasons...Thanks

[anushkasachith888]

Hi I am a newbie here in Bitcointakorg. Also I am new to Crypto trading fielding as well. While I was talking to one of my friends about Crypto Market. He doubted this new currency trend. As He said There is Illuminati behind this project.  He submitted me some facts exacting some one's article that It is a scam and that could cause to loose everything one day. I will list them here below one by one.

1. Bitcoin is not a company, It has no corporate entity..
  (You can't sue bitcoin, inc. If the promises you were made about bitcoin price valuations don't pan. There is no bitcoin, inc)

2. Bitcoin doesn't have any earnings, revenues, profits, profits or P/E ratios.

3. Bitcoin trading isn't regulated by any one.

4. If the internet goes down, Bitcoins cease to exit.

5. Very few accept bitcoins as form of payment. ( although this could grow)

6. Bitcoins transactions are not free and fee getting increased time to time.

7. You can't sue anything if you loose your bitcoins,

8. Nearly all bitcoins promoters have a conflict of interest in attracting more buyers in to bitcoins.

9. Bitcoin isn't very liquid market compare to stock market, Transactions can days to clear

10. Because of bitcoin isn't regulated by the SEC, Bitcoin promoters can claim any forward - looking estimates for future
   ( the government cannot take any legal action against them )


I would like to know you people's views regarding above facts, Really Appreciate your participation, Looking forward to learn many things from you as a newbie. Thanks in advance.

Projects are being made by developers who are creating ico's and promoting their altcoins. In this way there are a lot of people who will have a job because they need participants in their campaign to advertise their coin in order to get more investors.

Hey if someone want to be part of crypto marketing campaign of particular coin, how to join with them? do you have any idea?

I think you can contact them and inform them that yor are willing  to play a role. I saw some such tweetings in twitter

[TTITA]

With many of those your reason, it won't makes bitcoin as failed coins, isn't?
Since Bitcoin was created in 2009, many investor comes and leave but Bitcoin still exist even with more higher fees transaction.

[pugman]

1. Bitcoin is not a company, It has no corporate entity..
  (You can't sue bitcoin, inc. If the promises you were made about bitcoin price valuations don't pan. There is no bitcoin, inc)

It's decentralized for that reason, thank Satoshi for not making bitcoin as a company or some thing otherwise it would have fallen by now.

2. Bitcoin doesn't have any earnings, revenues, profits, profits or P/E ratios.

It's a crypto currency, how can you expect it to have profits? It's more of an investment too, so people have got capital gains.

3. Bitcoin trading isn't regulated by any one.

Who said so? There are centralized exchanges that regulate trading and block your accounts  .

4. If the internet goes down, Bitcoins cease to exit.

If the internet goes down, the whole world will follow, not only bitcoin. So do not worry.

5. Very few accept bitcoins as form of payment. ( although this could grow)

A lot of people do accept bitcoin, you just haven't found the right person just like most people don't find their right girl. 

6. Bitcoins transactions are not free and fee getting increased time to time.

Bitcoin transactions are free, miners prefer a good fee so that they give priority to your transaction to be confirmed first.

7. You can't sue anything if you loose your bitcoins,

You can sue an exchange or the wallet creators if they play an role in stealing your bitcoins.

8. Nearly all bitcoins promoters have a conflict of interest in attracting more buyers in to bitcoins.

Everyone is greedy in this world at a certain point of time.

9. Bitcoin isn't very liquid market compare to stock market, Transactions can days to clear

You're right, bitcoin isn't that liquid. But the fucking crypto market is liquid for hell.

10. Because of bitcoin isn't regulated by the SEC, Bitcoin promoters can claim any forward - looking estimates for future
   ( the government cannot take any legal action against them )

Again who said so? SEC monitors cryptos, exchanges to avoid scams and stuff. Next time get your facts right.

[anushkasachith888]

1. Bitcoin is not a company, It has no corporate entity..
  (You can't sue bitcoin, inc. If the promises you were made about bitcoin price valuations don't pan. There is no bitcoin, inc)

It's decentralized for that reason, thank Satoshi for not making bitcoin as a company or some thing otherwise it would have fallen by now.

2. Bitcoin doesn't have any earnings, revenues, profits, profits or P/E ratios.

It's a crypto currency, how can you expect it to have profits? It's more of an investment too, so people have got capital gains.

3. Bitcoin trading isn't regulated by any one.

Who said so? There are centralized exchanges that regulate trading and block your accounts  .

4. If the internet goes down, Bitcoins cease to exit.

If the internet goes down, the whole world will follow, not only bitcoin. So do not worry.

5. Very few accept bitcoins as form of payment. ( although this could grow)

A lot of people do accept bitcoin, you just haven't found the right person just like most people don't find their right girl. 

6. Bitcoins transactions are not free and fee getting increased time to time.

Bitcoin transactions are free, miners prefer a good fee so that they give priority to your transaction to be confirmed first.

7. You can't sue anything if you loose your bitcoins,

You can sue an exchange or the wallet creators if they play an role in stealing your bitcoins.

8. Nearly all bitcoins promoters have a conflict of interest in attracting more buyers in to bitcoins.

Everyone is greedy in this world at a certain point of time.

9. Bitcoin isn't very liquid market compare to stock market, Transactions can days to clear

You're right, bitcoin isn't that liquid. But the fucking crypto market is liquid for hell.

10. Because of bitcoin isn't regulated by the SEC, Bitcoin promoters can claim any forward - looking estimates for future
   ( the government cannot take any legal action against them )

Again who said so? SEC monitors cryptos, exchanges to avoid scams and stuff. Next time get your facts right.

No 7. You can't sue anything if you loose your bitcoins,
[You can sue an exchange or the wallet creators if they play an role in stealing your bitcoins. ]
Interesting, to whom we make complaint about frauds of exchanges ?

[Good tbc]

Bitcoin is not illuminati. If anything, it is the exact opposite. The leaders of the illuminati (The Rothschilds) own all the government banks which use fiat. They would never push a currency that would make them lose money and discontinue the use of fiat. Bitcoin is decentralized which means it can't be regulated and tracked. Two of the biggest things the illuminati does to us.

I think you are correct, You know the facts.

I agree with you that Bitcoin is not illuminati. It is a digital currency that has no linkage with illuminati. If it has a link then members who have been aware of this fact and it would have been exposed long ago. To belong to such a group will require a price to be paid.Bitcoin is not an illuminati scam.

[dachrist]

Well I think there are many "secret organisations" and I think it is highly possible that they influence something somehow (stock market, ....) because why not ??

[mezzaluna]

Your points are all correct anyway. But these are few of bitcoin's advantages. However I wouldn't say it is a illuminati scam. Just because you're not that familiar to it you cannot name anything as an illuminati scam.

[Photographer]

Whatever it might be, it will never be as much a scam as the FIAT money which is created in computers with no limit no rule and then used to exercise power.