ðºÞæ (OP)
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May 26, 2019, 09:19:41 PM Merited by 100bitcoin (1) |
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This 2018 post will be entertaining when it happens. Capital C for capitalism. BitCoin.
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"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling." Satoshi Nakamoto, April 2009 Avoiding taxes is totally legal if you consider and respect the law.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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exstasie
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May 26, 2019, 09:31:05 PM |
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What makes you believe Wright and company have the means to do that? Just because he says so? They may have thousands of coins to dump and a non-negligible amount of hash rate, but I think the market will roundly reject their attempts to push the price down. Like 2012 and 2016, there will probably be a selloff near the halving and they may push the market even further down, but I'm confident their sells will be absorbed (like the last two halvings) and miners will continue to invest in BTC mining. These guys are just like any other whales that try to manipulate the market in the wrong direction. The market will chew them up and spit them out if they try.
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1Referee
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May 26, 2019, 09:40:31 PM |
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CSW is a meme. I read through his posts just for entertainment purposes.
Nothing of what he has said in the last two or so years has been followed up by actions. I honestly would love to see all these big block fuckers to unload their coins if they have any left, but they may already have done so with little to no effect. All they are left with are empty threats and an infinite amount of lies. They already forked off, now they need to fuck off.
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Herbert2020
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May 27, 2019, 06:07:54 AM |
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they already did this, if i recall correctly this FUD was spread before they forked BSV and caused the panic in bitcoin which led to crash from $6k to $3k. in fact the main reason for that crash was: 1. the market was still undecided and the fear was present, 2. the whales took the opportunity to manipulate the market and crash the price.
as you can see CSW's only achievement was a short term drama that succeeded only because it was timed correctly and the market was in the same direction. this won't be repeated for at least another 2 years because we have entered the bull market and FUD like that can not change this direction anymoer.
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
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ðºÞæ (OP)
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May 27, 2019, 06:16:56 AM |
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they already did this, if i recall correctly this FUD was spread before they forked BSV and caused the panic in bitcoin which led to crash from $6k to $3k. in fact the main reason for that crash was: 1. the market was still undecided and the fear was present, 2. the whales took the opportunity to manipulate the market and crash the price.
as you can see CSW's only achievement was a short term drama that succeeded only because it was timed correctly and the market was in the same direction. this won't be repeated for at least another 2 years because we have entered the bull market and FUD like that can not change this direction anymoer.
It does not say which reward halving, but at the time of the BTC airdrop no halving took place.
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"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling." Satoshi Nakamoto, April 2009 Avoiding taxes is totally legal if you consider and respect the law.
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hv_
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May 27, 2019, 06:56:25 AM |
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Carpe diem - understand the White Paper and mine honest. Fix real world issues: Check out b-vote.com The simple way is the genius way - Satoshi's Rules: humana veris _
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adaseb
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May 27, 2019, 07:23:45 AM |
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I don't think he was the reason for the dump all the way to $3100 from $6500 back in November 2018. I think its just a coincidence that it happened at the time of the fork.
The most likely cause of that massive sell-off was due to over-leveraged longs. Everybody assumed that $6000 support has held, which was proven multiple times in 2018 and rather than have a 1x profit in Bitcoin they went 5x or higher. And at that point pretty much anyone with a leverage position (unless they added margin) was liquidated sometime prior to the $3100 low.
Pretty much just as most of the bears that shorted $3500 or $4000 also most likely just got liquidated in the past couple of weeks.
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Cryptotourist
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May 27, 2019, 07:27:09 AM |
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Hey, if that happens, I'm gonna eat my dick off.
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I have come here to chew bubblegum and kick ass ... and I'm all out of bubblegum.
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nc50lc
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May 27, 2019, 08:00:32 AM |
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Do any of you have a link to the original post? I like to read the complete context and replies ( For Research/Entertainment purposes), TIA. Hey, if that happens, I'm gonna eat my dick off. Lol, I'm still waiting, 7 months to go! BTW, it's John McAfee not Craig Wright
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. .HUGE. | | | | | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . CASINO & SPORTSBOOK ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | |
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LFC_Bitcoin
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May 27, 2019, 08:20:23 AM |
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CW is really scraping the barrel now. He’s desperate & everybody knows it, don’t take anything he says as truth or fact. I think BSV is failing & they’re probably under water, imagine how many bitcoin’s they’ve sold to continue to prop up that piece of shit coin.
It won’t be long before CW & Ayre are a blip on bitcoin’s radar. They’re getting desperare & it’s becoming increasingly obvious.
Edit - Btw, CW also said last year that they had the capability to make bitcoin drop to $1,000. That didn’t happen, nor will this latest bull shit.
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sheenshane
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May 27, 2019, 04:33:12 PM |
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CW is really scraping the barrel now. He’s desperate & everybody knows it, don’t take anything he says as truth or fact.
Oops! This is smelly. This Craig Wright is really thirsty of attention. There is something I can see with his statement. It seems like he wants to control the mind of the readers and control their actions with these types of notices. This guy is maybe a frustrated superstar. I guess it is his passion to get the crowd's attention without caring about if it is a good thing about him or worse. In short, a fame whore. I think John McAfee and Craig Wright are in the same illness.
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. .HUGE. | | | | | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . CASINO & SPORTSBOOK ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | |
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Cryptotourist
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May 27, 2019, 05:24:46 PM |
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BTW, it's John McAfee not Craig Wright Oh I'm sorry, they are both clowns, so...
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I have come here to chew bubblegum and kick ass ... and I'm all out of bubblegum.
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figmentofmyass
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May 27, 2019, 05:38:36 PM |
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It does not say which reward halving, but at the time of the BTC airdrop no halving took place. he's obviously referring to the 2020 halving, because that would follow the supposed unlocking of the "tulip trust"..... say what you will about craig wright, but i'm thoroughly enjoying watching him make an ass of himself. he will get his comeuppance someday. for now, i eat popcorn.
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Naida_BR
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May 27, 2019, 06:17:06 PM |
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This 2018 post will be entertaining when it happens. Capital C for capitalism. BitCoin. I cannot trust this guy and I wonder why we give him attention anymore. If he had the chance to do that, he will do it without posting it. He just want to scare bitcoin holders and spread them or attract them to their project. ...And one more point, if he was the real Satoshi, why would he ever to that to Bitcoin?
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ðºÞæ (OP)
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May 27, 2019, 07:08:35 PM |
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This 2018 post will be entertaining when it happens. Capital C for capitalism. BitCoin. I cannot trust this guy and I wonder why we give him attention anymore. If he had the chance to do that, he will do it without posting it. He just want to scare bitcoin holders and spread them or attract them to their project. ...And one more point, if he was the real Satoshi, why would he ever to that to Bitcoin? Legally he must inform in advance if he indents to sell large amounts. What someone does with the information is entirely up to each individual. If someone is of the opinion it is fud, so be it. He did not create segwit and got airdroped over 1 million BTC, so its only natural to dispose of it over the years, starting in earnest sometime next year. His only interested is BitCoin.
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"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling." Satoshi Nakamoto, April 2009 Avoiding taxes is totally legal if you consider and respect the law.
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exstasie
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May 27, 2019, 07:19:57 PM |
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Legally he must inform in advance if he indents to sell large amounts. According to what laws? BTC isn't a security and Craig Wright is not a company insider. He doesn't need to disclose anything under any law I've ever heard of. There's no such thing as "insider trading" with BTC so he doesn't need to use a 10b5-1 plan or anything like that. And if he were trying to comply with Rule 10b5-1, his little social media FUD doesn't meet the requirements.
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ðºÞæ (OP)
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May 27, 2019, 07:35:22 PM |
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Not disclosing large sales of an assets is a crime, this is long term warning ⚠️, anyone is free to make of it what they what.
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"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling." Satoshi Nakamoto, April 2009 Avoiding taxes is totally legal if you consider and respect the law.
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exstasie
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May 27, 2019, 07:41:50 PM |
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Not disclosing large sales of an assets is a crime, this is long term warning ⚠️, anyone is free to make of it what they what. A crime, according to what law? The link you provided only says the Israeli Central Bank considers BTC an asset instead of a currency. What does this have to do with public disclosure requirements for selling large amounts of BTC? Wright said he made this announcement to comply with UK and US laws, nothing to do with Israel. He's just talking out of his arse as usual and you, amazingly, believe him.
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pushups44
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May 27, 2019, 09:53:28 PM |
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This 2018 post will be entertaining when it happens. Capital C for capitalism. BitCoin. I cannot trust this guy and I wonder why we give him attention anymore. If he had the chance to do that, he will do it without posting it. He just want to scare bitcoin holders and spread them or attract them to their project. ...And one more point, if he was the real Satoshi, why would he ever to that to Bitcoin? Legally he must inform in advance if he indents to sell large amounts. What someone does with the information is entirely up to each individual. If someone is of the opinion it is fud, so be it. He did not create segwit and got airdroped over 1 million BTC, so its only natural to dispose of it over the years, starting in earnest sometime next year. His only interested is BitCoin. Aren't you the same person who claimed a while back that Roger Ver would be forced to surrender Bitcoin.com to CSW in a matter of "weeks?" I'm still waiting for the transfer of the domain - I won't be holding my breath.
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ðºÞæ (OP)
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May 28, 2019, 05:42:55 AM |
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I ask what will happen to Bitcoin.com and if Roger will lose it. The chances of it happening are high, unlikely in weeks.
It is fair to say there is great confusion at current time of what is "Bitcoin". Bitcoin is what is described in the white paper, the building plan. We all can agree (feel free to disagree) Craig did not create SegWit and there is no mention of it in the white paper. If someone has a building plan of a bridge and he builds a house, he will have a hard time convincing someone with brains that he build according plan.
What I say or anyone else on the net is irrelevant, everyone has his own brain to use.
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"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling." Satoshi Nakamoto, April 2009 Avoiding taxes is totally legal if you consider and respect the law.
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