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Author Topic: Everyone who profits on Bitcoin is going to jail (split from Mike's blacklist)  (Read 1094 times)
AnonyMint (OP)
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November 19, 2013, 12:58:44 AM
Last edit: November 20, 2013, 07:48:31 PM by Maged
 #1

I don't know if Coin Validation was mentioned on this thread. Mike Melon is a $4.5 billionaire.

Any way, I think Bitcoin is fucked because we don't have any anonymity any way, and everyone who profits on Bitcoin is going to jail. Read my posts at the following thread to entertain my logic. Yeah it sounds ludicrous, but read and ye shall be rewarded with new insight and truth:

https://bitcointalk.org/index.php?topic=323988.msg3625475#msg3625475

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AnonyMint (OP)
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November 19, 2013, 02:35:09 AM
 #2

I don't know if Coin Validation was mentioned on this thread. Mike Melon is a $4.5 billionaire.

Any way, I think Bitcoin is fucked because we don't have any anonymity any way, and everyone who profits on Bitcoin is going to jail. Read my posts at the following thread to entertain my logic. Yeah it sounds ludicrous, but read and ye shall be rewarded with new insight and truth:

https://bitcointalk.org/index.php?topic=323988.msg3625475#msg3625475

Now your prediction is that everyone who profits on Bitcoin is going to jail?

Are you doing this for kicks, or do you really not realize that your multitude of negative predictions aren't even compatible with one another?

And what's this "we" stuff?

If you can't see the big picture, you are going to be honeypotted (bitCON is their honeypot) right into their dragnet. In other posts, I have detailed technically why you don't have anonymity even if you use a coin mixer, Tor, and a VPN. I have also detailed how the government can take over mining via the Transactions Withholding Attack. No one has been able refute my technical arguments.

Everyone is blinded by the greed. They can't see (because their pre-frontal cortex has been turned off by the greed) they are being sucked in by the elite via Bitcoin.

Read my posts to educate yourself.

Or die. (I am not committing any violence)

It is your choice. It is a free market.

From a neuro-biologist:

Quote
Absolutely correct!  This is proven with neuroeconomic studies using PET and fMRI
scans.
I recall that subjects selecting the long term investment model used their
pre-frontal cortex and tended to be good in math. Those who were greedy and chose
instant gratification used the emotive primitive parts of their brain, i.e. limbic
system.  (I've read some of the published scientific papers on this.  Not sure if I
can find one quickly though.)
Just think of the nucleus accumbens dopamine spikes occurring on in the brains of
Bitcoin holders!  Must be like a meth hit - super big spike.
The Wiki neuroeconomics description is pretty
good:http://en.wikipedia.org/wiki/Neuroeconomics

Central bankers now pushing Bitcoin and electronic currencies:

http://www.businessinsider.com/ben-bernanke-on-bitcoin-2013-11

Summers (candidate for Fed, Treasury official, adviser to Presidents) wants to enslave us in negative interest rates on an electronic currency:

https://bitcointalk.org/index.php?topic=323988.msg3626642#msg3626642

Seems the pre-frontal cortex on Bitcoiners has shut-down due to greed:

https://bitcointalk.org/index.php?topic=337291.msg3632324#msg3632324

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November 19, 2013, 02:42:25 AM
 #3

I don't know if Coin Validation was mentioned on this thread. Mike Melon is a $4.5 billionaire.

Any way, I think Bitcoin is fucked because we don't have any anonymity any way, and everyone who profits on Bitcoin is going to jail. Read my posts at the following thread to entertain my logic. Yeah it sounds ludicrous, but read and ye shall be rewarded with new insight and truth:

https://bitcointalk.org/index.php?topic=323988.msg3625475#msg3625475

Now your prediction is that everyone who profits on Bitcoin is going to jail?

Are you doing this for kicks, or do you really not realize that your multitude of negative predictions aren't even compatible with one another?

And what's this "we" stuff?

If you can't see the big picture, you are going to be honeypotted right into their dragnet

For what? There's nothing illegal about making profits. Or greed, for that matter.

Read the thread I linked to, and then you will know.

Hint: $1 trillion in investor wealth will go poof, and Bernie Madoff only took $billions. Public will demand clawbacks and jail time.

And this BS about the USA has no control in China and the rest of the world... well if you like fairytales just go ahead on your blissful way to prison...

I'm certainly not stopping you all from it enjoying your greed for a few months before you learn the lesson the hard way.

And I am not a goldbug! So don't think I am trying to get you to leave BitCON for gold and silver.

Here I refuted all the goldbugs (they are such math retards):

https://bitcointalk.org/index.php?topic=222998.msg3615848#msg3615848

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November 19, 2013, 02:47:47 AM
Last edit: November 19, 2013, 02:57:57 AM by AnonyMint
 #4

For what? There's nothing illegal about making profits. Or greed, for that matter.

Read the thread I linked to, and then you will know.

Hint: $1 trillion in investor wealth will go poof, and Bernie Madoff only took $billions. Public will demand clawbacks and jail time.

Jail time for what? The public can demand all it wants. I'm not breaking any laws. Profits and greed aren't illegal. They're what make the world go 'round.

Okay smarty pants. Don't read the detailed thread. And continue to believe that. You obviously have not studied world history very well.

The law won't help you, because it can be changed to anything the angry public wants as they are manipulated by the economic implosion coming (both to general global economy and ponzi failure of BitCON) and the mass media which is controlled by the powers-that-be.

You haven't studied how situations like the current global sovereign debt crisis (e.g. 550% total debt-to-GDP ratio in the UK, and 300+% for every major country, including USA, China, Japan, etc) resolve historically in a Dark Age, because the public demands the government to go bezerk and hunt down all wealth. Law won't mean shit.

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November 19, 2013, 02:51:30 AM
 #5

I did read the detailed thread. And I have studied world history.

Not read and studied very well apparently.

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November 19, 2013, 02:59:23 AM
 #6

What accomplishes good is knowing how much BTC there's going to be at some time in the future, and what accomplishes good is knowing that governments can't mess with that.

You are highly ignorant.

And ignorant people don't realize they are ignorant.

I already detailed technically how the government can take over. And if you doubt my logic, it is because you don't have the technical capacity to understand, even though you think you do.

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November 19, 2013, 03:02:45 AM
 #7

What accomplishes good is knowing how much BTC there's going to be at some time in the future, and what accomplishes good is knowing that governments can't mess with that.

You are highly ignorant.

And ignorant people don't realize they are ignorant.

I already detailed technically how the government can take over. And if you doubt my logic, it is because you don't have the technical capacity to understand, even though you think you do.

This is known as the Dunning-Kruger effect

I already enlightened in my numerous posts. You can refer to them by clicking my name. I am not going to repeat again or spoon feed it for you. Do some research if you want. Or don't. It is your life to lose, not mine.

Don't ask me to do more work for you. I am done. Readers can be lazy if they want to.

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November 19, 2013, 03:04:17 AM
 #8

re-read this post, I added to it just for you:

https://bitcointalk.org/index.php?topic=333824.msg3633339#msg3633339

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November 19, 2013, 03:08:27 AM
 #9

re-read this post, I added to it just for you:

https://bitcointalk.org/index.php?topic=333824.msg3633339#msg3633339

Nothing but more baseless and incorrect assumptions. *yawn*

You are a good sheep, well fed, and entirely asleep. Soon to be harvested.

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November 19, 2013, 03:17:00 AM
 #10

re-read this post, I added to it just for you:

https://bitcointalk.org/index.php?topic=333824.msg3633339#msg3633339

Nothing but more baseless and incorrect assumptions. *yawn*

You are a good sheep, well fed, and entirely asleep. Soon to be harvested.

Wow man, why are you so mean?

I am being nice. Trying to save you from what is going to be very mean. But you don't want to be saved, so go ahead and when the government puts you in jail for profiting on a ponzi scheme and bankrupting the public with $1 trillion stolen from the public, don't come whining to me. I tried to tell you, but you don't believe it. So go ahead, and then you will find out.

Since it is decentralized, they can't put the ring leader in jail. Thus you are one of the ring leaders, by profiting on it and encouraging others to join it.

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November 19, 2013, 03:22:23 AM
 #11

the argument you're making: http://en.wikipedia.org/wiki/Slippery_slope
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November 19, 2013, 03:28:28 AM
 #12

Again you're contradicting yourself. First you say "Do some research if you want. Or don't. It is your life to lose, not mine." Then you say you're trying to save me.

If you really want to save me, you're going to need to make a better argument.

And that demonstrates your weak logic skills.

Trying to save you and others, doesn't require me to conquer your ignorance and misconceptions. I put the seed out there. That is up to you to nurture and accomplish, and doing research may be the only way to dislodge your mind from where it currently is.

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November 19, 2013, 03:31:54 AM
 #13


Essentially that is correct in a general way. But I went into great detail in my posts, over the past 2 weeks especially. And I really want to stop now.

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November 19, 2013, 03:34:48 AM
 #14

That is up to you to accomplish, and doing research may be the only way to dislodge your mind from where it currently is.

Well, as you pointed out, I'm ignorant about my ignorance.

What research should I do, exactly?

Read everything Martin Armstrong has written on his blogs over the past year:

http://armstrongeconomics.com/armstrong_economics_blog/

Analyze it all in detail, but not just one-by-one, read a few months worth, then start analyzing after you have a big picture how it all fits together.

Ignore his spelling errors. The man is a genuis. He managed the largest hedge fund ever at $3 trillion. That is not a misprint, nor a joke.

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November 19, 2013, 03:37:32 AM
 #15

Do you really think there's any chance I'm going to do that just based on your request?

He managed the largest hedge fund ever at $3 trillion. That is not a misprint, nor a joke.

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November 19, 2013, 03:42:49 AM
 #16

Do you really think there's any chance I'm going to do that just based on your request?

He managed the largest hedge fund ever at $3 trillion. That is not a misprint, nor a joke.

OK. I'm sure he's a smart guy. And I'm sure there are hundreds of thousands of people in the world smarter than he is. I don't have time to read everything written by every one of them.

You are so sure of so many things.

I did not request, you did. You asked me where you should research. Clearly you've been paid to come here and obfuscate the discussion. I know the elite are sending their gatekeepers here. Deny it all you want. I am very familiar with the pattern. Tell your boss to kiss my ass.

I will not reply to you again.

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November 19, 2013, 04:04:41 AM
Last edit: November 19, 2013, 04:18:48 AM by AnonyMint
 #17

Here is some nonsense from him which I refuted as part of my argument of why BitCON is a ponzi scheme and those who profit on it will go to jail. You managed to hide that post of mine 2 pages upthread with all your disingenuous, nonsense tit-for-tat.

Any way, let's explore your illogic below...

The main LTC advantage I see is that theirs not ASIC induced difficulty spiral and that's creating a more stable valuation similar to what we saw in the 2012 time frame for BTC in which Hash rates were growing at a stable Moore's law pace.  Stability has been held up as a holy-grail for long-term adoption so logically LTC has an advantage now.  Oddly though people seem to forget all about stability when their becoming 'rich' from a bubble.

LTC is worth more because it isn't going up in value? That's a goofy argument.

You are saying buying low and selling high is not investing for value. Any way, that is not as goofy as what you wrote below...

The value of BTC will stabilize when there is a consensus on how much it will be used in the future. Almost all answers to that question other than "it won't be used [much] at all" will result in stabilization at a much higher value than current.

Now let me quote from the reasons BitCON is a ponzi scheme:

...some of my reasons where snipped...click the link above on the quote to read all of them...

It can't change. It is not like all of sudden those who are expecting exponential gains will decide they want to use Bitcoin as a steady savings account. If Bitcoin stops appreciating, then they won't be asking for merchants to add Bitcoin so they can slowly spend their Bitcoins. They will exit and try to find a new investment. And one day we will hear this giant sucking sound and this 21st century tulip mania will be completed.

Obviously the ideas in Bitcoin are revolutionary. But the execution is horrible. That is why I am thinking Satoshi put a good Trojan inside of an evil one. And I am trying to prove it in reality (very soon).

Clear thinking is very important to success. I intend to make it my hallmark.

BitCON investors are expecting exponential gains, not a stabilized value. Talk about contradictions.

Your logic is incredibly non-existent.

It is clear from your very first posts that you joined a few days ago to come pump up BitCON.

Who is paying you?

And they are wasting their money. You are not very good at it.

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November 19, 2013, 04:20:56 AM
 #18

Quote
You are saying buying low and selling high is not investing for value.

I don't know where you're getting that from.

Guess you don't have sufficient intellect then. Other readers can see very easily how that follows from what you wrote.

Quote
BitCON investors are expecting exponential gains, not a stabilized value. Talk about contradictions.

1) I assume you mean Bitcoin.
2) Some investors might be expecting exponential gains. Some aren't.
3) How is that contradictory?

All are expecting exponential gains.

Btw even 1% per year is an exponential gain. I know your knowledge of math is weak, so I figured I better point that out.

1.01 ^ 28 years = 1.32 not 1.28

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November 19, 2013, 04:27:19 AM
Last edit: November 19, 2013, 04:41:50 AM by AnonyMint
 #19

Again you demonstrate your ignorance of math.

A gain of specific number of BTC every year is not exponential gain and is actually monotonically decelerating. A percentage gain is "exponential" with constant velocity and no acceleration.

It not contradictory because no one is expecting to keep owning huge amount of BTC once the value is stabilized, i.e. stop growing as you claimed it could. They will move into new investments that can grow.

Most people that own BTC, own 10 to million times more than they would keep in a checking account. When it stops growing in value, they will reduce to what they would keep for spending, and invest the lion's share in something that can grow.

Thus BitCON is a ponzi scheme and will implode to 1/10 to 1/millionth of its peak price.

So don't tell me that my thread is baseless. Your intellectual capacity is incapable of understanding.

Readers, I linked to my thread about 3 pages back in this thread, before anth0ny cluttered this thread with 3 pages of nonsense tit-for-tat.

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November 19, 2013, 04:44:49 AM
 #20

AnonyMint:

You need to organize your argument into one place that is clear and concise, and avoid the logical fallacies you seem to resort to when trying to get your point across to people who don't understand you. If the average person can't understand your train of thought, your efforts are futile.

I feel like you think we are all jumping aboard a train that everyone reasons(perhaps falsely) is going to a better place while you're yelling from the side of the tracks with a bull horn saying its really going to crash. If you are right, you're doing everyone a disservice by trying to solve the problem this way. To them you seem like some crazed doomsayer there to steal their dreams.

If you are really convinced that you are right, arguing with people on this forum will get you nowhere. Make some videos like this guy did http://www.youtube.com/channel/UCgo7FCCPuylVk4luP3JAgVw/videos that are clear, concise and everyone can follow. If people can understand them, the arguments are valid and you can sway them, it will spread further and you will make much more of an impact.

Right now my initial gut feeling upon digging through your old posts is that you're a conspiracy theorist suffering from conformation bias.

Prove me wrong.
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