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Author Topic: The Rogue Wave  (Read 1626 times)
Traxo (OP)
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June 24, 2019, 03:16:53 PM
 #1

A post in the subject: 

https://steemit.com/bitcoin/@anonymint/ptlyfl

The post is a follow up on the discussion about increasing volatility and a collapse of the Bitcoin (Core), 
comments about x100 leverages and calm before the storm (charts included).

Quote
I now posit that cryptocosm will appear to be nearly dead from 2024.35 – 2028.65.

Following up the discussion above and in further support of this conceptualization of increasing volatility and collapse for the fake Core BitcOn (which everyone thinks is Bitcoin) whilst the legacy, real, immutable, Satoshi “v0.1” Bitcoin will continue rising but most people having been fooled and thought Bitcoin had died as the price and the Bitcoin forgery named Bitcoin Core craters to ~$775, it appears that crypto is being intentionally pumped up now for a big crash (perhaps May 2020 at the halving) so that public confidence can be directed towards Facebook’s 666 Libra as the 2020.05 – 2024.35 private wave gives way to the 2024.35 – 2028.65 public wave before the final phase transition moonshot private wave peak in 2032.95

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June 24, 2019, 07:37:19 PM
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 #2

This guy is a crackpot. His bizarre conspiracy theories should be contained to one thread. As you know, there is already a thread dedicated to his Alex Jonesesque theories as well as those of the BSV'ers.

Let's keep the lunatic fringe all in one place rather than polluting Speculation with new threads about altcoins overtaking Bitcoin. Thanks in advance.

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June 25, 2019, 09:05:05 AM
Last edit: June 25, 2019, 10:20:50 AM by Traxo
 #3

I received a rebuttal which I am sharing without taking sides on the issue.

Quote from: Shelby
This guy is a crackpot.

Do you have a proof of that? By the way, I put my real name on my posts. What is your real name? Who is paying you to spread disinformation to fool the readers?

His bizarre conspiracy theories should be contained to one thread. As you know, there is already a thread dedicated to his Alex Jonesesque theories as well as those of the BSV'ers.

Thanks for linking to the thread where I wiped your face in the facts after you accused me of being a “nutjob”. Readers can read and decide for themselves who is correct, based on the facts that have been presented.

Let's keep the lunatic fringe all in one place rather than polluting Speculation with new threads about altcoins overtaking Bitcoin. Thanks in advance.

The altcoin is “Core BitcOn” (aka Bitcoin Core developed by Blockstream), because “soft forks” do not exist except in the minds of people who think the game theory of proof-of-work has anything to do with anything other than Nick Szabo’s unforgeable costliness. The original, immutable, 1 MB blocks Satoshi “v0.1” Bitcoin is the and will forever be the only real Bitcoin that has unforgeable costliness. All forks of Bitcoin do not have this property. Core will be forced to hard fork and admit it has been an impostor. And then it will die along with all the other Bitcoin impostor forks such as BSV, BCH and perhaps also LTC. There is only one Bitcoin. And sheepeople love to be manipulated by propaganda and thus separated from their wealth. Cast your pearls at swine and you can join them when pigs get slaughtered. This is not anger. This is just reality. How I wish I could teach sheep to not be fools. As the Bible says, get some salve and apply it on your eyes so you can see more clearly. You have expressed your unsubstantiated derogatory character assassination opinion of me. Whereas, I have written diligently to explain the facts for those who want truth.
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June 25, 2019, 03:15:43 PM
 #4

Wtf is this guy rambling about? what is he saying is the "real" bitcoin if it's not core ("the one everyone thinks is the real bitcoin"), BCH or BSV? Is this some shitcoin he came up with or something else?  Huh
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June 25, 2019, 03:29:24 PM
 #5

Wtf is this guy rambling about? what is he saying is the "real" bitcoin if it's not core ("the one everyone thinks is the real bitcoin"), BCH or BSV? Is this some shitcoin he came up with or something else?  Huh


From what I understood, he is referring to the Segwit soft fork from 2017, which would be "bitcoin core" and which addresses start with 3, whereas the old addresses starting with 1 would be the "real bitcoin". However, both adresses formats are bitcoin, because the miner majority signalled Segwit in 2017. Bitcoin is P2P, meaning it need consensus to run. If there is no consensus, we have hard forks, like BCH and BTG for example.
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June 25, 2019, 07:30:34 PM
 #6

Quote from: Shelby
Do you have a proof of that? By the way, I put my real name on my posts. What is your real name? Who is paying you to spread disinformation to fool the readers?

"My real name?" This is a forum, you pathetic mouth breather.

Quote from: Shelby
Thanks for linking to the thread where I wiped your face in the facts after you accused me of being a “nutjob”. Readers can read and decide for themselves who is correct, based on the facts that have been presented.

LOL, I invite anyone to read and find out for themselves. Anyone with basic intelligence can see I picked apart your completely illogical and baseless conspiracy theory. Every time I poked holes in your irrational game theory, you refused to address any of the points I made and proceeded to keep repeating yourself over and over. Your whole method of debate is intellectually dishonest. You merely repeat your baseless, unproven theories ad nauseam then pat yourself on the back for it.

Extremely few nodes exist on the network that would view your chain as valid, yet you keep peddling insane theories like "everyone is secretly running the version I'm clinging to from ages ago that can barely even sync with the network anymore." No, barely anyone is running 0.5.3 or earlier and you have absolutely no data to prove otherwise. You only have your own insane ramblings to offer as "proof." You bizarrely think just because coins are held in legacy addresses that everyone is running 0.5.3 or earlier and therefore wouldn't see your fork as a hard fork. You, of course, are completely fucking wrong, and now just look like a deranged homeless person in the street yelling nonsense at passersby.

Anyone with a basic technical understanding of hard forks knows the vast majority of the network will ignore your stupid fork. This is not only because their nodes would literally ignore the fork, but because very, very few Bitcoin users have any interest in opting into a hard forked chain where miners stole half of the BTC supply. You have no rational game theory that supports this logic. There are no economic actors on the network except for the attacking miners that are interested in playing out your conspiracy theory.

Not only do you not have any network evidence for your assertions, but you haven't begun to establish logically from a game theory perspective why the vast majority of users and BTC holders would fork their own software to join the miner attack on Segwit outputs.

The fact that you speak with authority while peddling complete nonsense is only enough to impress the dumbest of people, the lowest hanging fruit. You vastly overestimate the effects of your attitude on winning arguments.

Quote from: Shelby
The altcoin is “Core BitcOn” (aka Bitcoin Core developed by Blockstream), because “soft forks” do not exist except in the minds of people who think the game theory of proof-of-work has anything to do with anything other than Nick Szabo’s unforgeable costliness. The original, immutable, 1 MB blocks Satoshi “v0.1” Bitcoin is the and will forever be the only real Bitcoin that has unforgeable costliness. All forks of Bitcoin do not have this property. Core will be forced to hard fork and admit it has been an impostor.

These irrational ramblings speak for themselves. You just repeat this baseless, unproven bullshit over and over. Why would you expect anyone to keep engaging you? Why do you expect anyone to believe this as truth while simultaneously refusing to address the massive holes poked in your conspiracy theory?

You are not a respectable opponent. Your arguments are laughable, prima facie. No one in their right mind would keep arguing with someone who can be debunked by a small child.

Quote from: Shelby
And then it will die along with all the other Bitcoin impostor forks such as BSV, BCH and perhaps also LTC. There is only one Bitcoin. And sheepeople love to be manipulated by propaganda and thus separated from their wealth. Cast your pearls at swine and you can join them when pigs get slaughtered. This is not anger. This is just reality. How I wish I could teach sheep to not be fools. As the Bible says, get some salve and apply it on your eyes so you can see more clearly. You have expressed your unsubstantiated derogatory character assassination opinion of me. Whereas, I have written diligently to explain the facts for those who want truth.

And there you have it, folks. More irrational ramblings from an unhinged lunatic. This shit speaks for itself......

And LOL....."facts?" Holy fuck, if anyone thinks anything you've said is in the remote vicinity of fact then they clearly haven't learned the very basics of logic and epistemology.

You might as well add reptilian aliens to your conspiracy theory too. It wont take away a smidgen of validity at this point.

Anyone with a brain can see you are a) an unhinged lunatic, b) extremely intellectually dishonest, or c) both.

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June 25, 2019, 09:09:29 PM
 #7

Wtf is this guy rambling about? what is he saying is the "real" bitcoin if it's not core ("the one everyone thinks is the real bitcoin"), BCH or BSV? Is this some shitcoin he came up with or something else?  Huh


From what I understood, he is referring to the Segwit soft fork from 2017, which would be "bitcoin core" and which addresses start with 3, whereas the old addresses starting with 1 would be the "real bitcoin". However, both adresses formats are bitcoin, because the miner majority signalled Segwit in 2017. Bitcoin is P2P, meaning it need consensus to run. If there is no consensus, we have hard forks, like BCH and BTG for example.

So basically this nutjob is rambling about a version of bitcoin that doesn't even exist.
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June 25, 2019, 11:55:34 PM
 #8

Bitcoin is P2P, meaning it need consensus to run. If there is no consensus, we have hard forks, like BCH and BTG for example.
Bitcoin doesn't have a problem with consensus. It have always been scammers like Roger and Bitmain who decided to fork off because they were greedy and found a way to easily make hundreds of millions in profit.

Bitcoin is a powerhouse. You're either part of it or go your scammy own way. All forks we have seen chose the scammy way and paid the price for it. Never did the far majority of this economy doubt about what coin to support.

BSV is not the real Bcash. Bcash is the real Bcash.
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June 26, 2019, 08:22:51 AM
 #9

I received a rebuttal which I am sharing without taking sides on the issue.

Quote from: Shelby
This guy is a crackpot.

Do you have a proof of that? By the way, I put my real name on my posts. What is your real name? Who is paying you to spread disinformation to fool the readers?

His bizarre conspiracy theories should be contained to one thread. As you know, there is already a thread dedicated to his Alex Jonesesque theories as well as those of the BSV'ers.

Thanks for linking to the thread where I wiped your face in the facts after you accused me of being a “nutjob”. Readers can read and decide for themselves who is correct, based on the facts that have been presented.

Let's keep the lunatic fringe all in one place rather than polluting Speculation with new threads about altcoins overtaking Bitcoin. Thanks in advance.

The altcoin is “Core BitcOn” (aka Bitcoin Core developed by Blockstream), because “soft forks” do not exist except in the minds of people who think the game theory of proof-of-work has anything to do with anything other than Nick Szabo’s unforgeable costliness. The original, immutable, 1 MB blocks Satoshi “v0.1” Bitcoin is the and will forever be the only real Bitcoin that has unforgeable costliness. All forks of Bitcoin do not have this property. Core will be forced to hard fork and admit it has been an impostor. And then it will die along with all the other Bitcoin impostor forks such as BSV, BCH and perhaps also LTC. There is only one Bitcoin. And sheepeople love to be manipulated by propaganda and thus separated from their wealth. Cast your pearls at swine and you can join them when pigs get slaughtered. This is not anger. This is just reality. How I wish I could teach sheep to not be fools. As the Bible says, get some salve and apply it on your eyes so you can see more clearly. You have expressed your unsubstantiated derogatory character assassination opinion of me. Whereas, I have written diligently to explain the facts for those who want truth.


But it IS game theory that's keeping everything in Bitcoin together. If there's really a group of bad actors willing to shoulder the loss to take Bitcoin down, then there's also a group of miners who's willing to protect it because it aligns with their self-interests. What would the bad actors rather do?

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Traxo (OP)
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June 26, 2019, 10:34:43 AM
Last edit: June 27, 2019, 02:36:25 PM by Traxo
 #10

Forwarding as an impartial messenger. Readers should have all arguments at their disposal so they can make an informed decision.


Quote from: Shelby
All [hard] forks we have seen chose the scammy way and paid the price for it. Never did the far majority of this economy doubt about what coin[hard fork] to support.


That’s correct.

But alas all the other fools in this thread forget that this “economic majority” (i.e. the ones with private keys hodling BTC) have not yet been asked to decide between Legacy and Core yet. That is because Core did a scammy “soft fork” pretending that miner signaling is equivalent to the economic majority. Those are not the same given that miners follow the economic majority because the coin with the greatest value can pay the most minted rewards and fees to miners for security.

That economic majority “vote” is coming soon. The impostor Core “soft fork” will be forced to defend its scam protocol by hard forking when the SegWit booty piles so high (millions of BTC in non-Legacy addresses) that some miners are incentivized to take the SegWit donations, which are “anyone can spend” (i.e. lacking a signing key for spending) in the Legacy protocol. At that juncture (which Craig Wright claims will be at the halving May 2020) everyone must decide which fork (Legacy or Core) to support.

Yet those who have been hodling their BTC in Legacy addresses anticipating this event, will receive a free airdrop of Core shitcoins for dumping (so we can buy moar Legacy BTC) while retaining their Legacy BTC. Whereas those idiots hodling their fake “BTC” in Core addresses will only receive Core shitcoins after this hard fork, so they will have no Legacy tokens to sell, Tongue. The Legacy miners will receive all of those idiots’ BTC in exchange for the miners protecting Satoshi’s immutable protocol from attempted forgeries such as Core.

Remember the value of Bitcoin only exists because of Nick Szabo’s unforgeable costliness. For Bitcoin to have any value going forward, the unforgeability must be defended and thus Core and its mutation of the protocol must be defeated. Bitcoin is not destined to be a transaction system for the masses. The powers-that-be have put Facebook Libra here for that. The powers-that-be (who may be indirectly paying some of these trolls in this thread to lie to you, because fleecing the minions is an integral part of their master plan of how to transition the world to Libra) put Bitcoin here to ultimately be a store-of-value only for the uber wealthy and reserve asset for the “stablecoin” Libra system after they destroy the value of the dollar with Bitcoin. The uber wealthy do not give a fuck about the “cute bunny rabbit”, witless minions and will gladly slaughter all of you taking the SegWit donations for themselves and kicking all you fools off onto the Libra 666 enslavement system. Get a fucking clue people. This snowflake world does not exist and was only propped up with debt. Now we head into the Grim Reaper payback period of misery and gnashing of teeth:

https://steemit.com/money/@anonymint/rise-of-hard-money-is-a-harbinger-of-misery

All the fools who think I am a nutjob are going to lose all their BTC. That’s going to be very funny. I tried to warn them, and they were too stupid to understand English. Lol.

Of course the paid trolls will reply with more vitriol because they’re very angry if they can’t achieve their objective to slaughter all the greater fools. They hate me for telling the truth. Of course they will spin it the other way. Readers just need to go read the entire linked discussion and think clearly.

Remember I told you so. And remember these other trolls tried to fool all of you. I will be vindicated as I always am.

P.S. A couple of weeks ago I predicted this:



And voila correct again:







Wtf is this guy rambling about? what is he saying is the "real" bitcoin if it's not core ("the one everyone thinks is the real bitcoin"), BCH or BSV? Is this some shitcoin he came up with or something else?  Huh

From what I understood, he is referring to the Segwit soft fork from 2017, which would be "bitcoin core" and which addresses start with 3, whereas the old addresses starting with 1 would be the "real bitcoin". However, both adresses formats are bitcoin, because the miner majority signalled Segwit in 2017. Bitcoin is P2P, meaning it need consensus to run. If there is no consensus, we have hard forks, like BCH and BTG for example.


 “Soft forks” via miner signaling just delay the decision of the economic majority about the consensus.

When Core is forced to fork off after the Legacy protocol takes the SegWit UTXO as donations, then the economic majority will finally vote on the Core hard fork which has been masquerading as Bitcoin when in fact it has no claim to be Bitcoin, because the economic majority has not voted yet.





Quote from: Shelby

Thanks for linking to the thread where I wiped your face in the facts after you accused me of being a “nutjob”. Readers can read and decide for themselves who is correct, based on the facts that have been presented.
LOL, I invite anyone to read and find out for themselves.


Indeed. I invite readers to re-read the linked thread where I already refuted your vacuous posturing. Some idiots who lack the ability to think clearly may be convinced by your nonsensical points, but that is okay because those idiots will lose all their BTC because they lack the intelligence to be worthy investors.


Anyone with basic intelligence can see […]


Anyone with above average intelligence can see that you’re not very intelligent.



Extremely few nodes exist on the network that would view your chain as valid


You continue to use this vacuous nonsense even though I already refuted in the cited thread. No need for me to repeat all my arguments again here.

The Legacy nodes can be turned on in 1 minute when the time comes. Miners go where the money and economic majority go. There is no technological difficulty in enforcing the Legacy protocol. Seesh there’s $10+ billion at stake here. You think the powers-that-be can’t afford programmers and a secret testnet that you can’t see.



Anyone with a basic technical understanding of hard forks knows the vast majority of the network will ignore your stupid fork.


The economic majority always sells the protocol which has mutated from Satoshi’s protocol and hard forked away from Satoshi’s immutable protocol. Because unforgeable costliness is the only attribute that gives Bitcoin any value. Without immutability, then politics could create unlimited forks of Bitcoin diluting the money supply. Also politics could potentially even raise the money supply limit of a fork. Politics is a slippery slope and reduces trust. That is why Satoshi locked the protocol at “v0.1” as he wrote. We discussed that already in the linked thread and quoted Satoshi. I will not rehash all of that again here. The readers can go to the linked thread instead.



This is not only because their nodes would literally ignore the fork, but because very, very few Bitcoin users have any interest in opting into a hard forked chain where miners stole half of the BTC supply.


Correct. The economic majority will not opt for the Core fork when it finally is forced to hard fork off from Satoshi’s Legacy protocol, because Core is a bug that enabled miners to spend Core’s “anyone can spend” BTC (presumably to themselves) and the only way to permanently repair that bug is to “burn their fingertips up to their armpits” of those foolish enough to hold Core addresses which donates their BTC to the future security of Bitcoin gained by punishing those fools who use buggy client software that spends their BTC to “anyone can spend” addresses. Who is foolish enough to be scammed by Core into spending their BTC to a “soft fork” that does not exist? Apparently we have a lot of fools in this world.

In short, the Core scam Bitc0n-job has caused BTC to be lost by convincing people to spend their BTC to “anyone can spend” addresses. How foolish is that?

Even Trezor still supports Legacy addresses. If users are foolish enough to configure their wallet to use Core’s scam, they deserve their fate.


Anyone with a brain can see you are a) an unhinged lunatic, b) extremely intellectually dishonest, or c) both.


Anyone with above average intellect can see that you are not the sharpest tool in the shed.




What the Shelby character didn't put into consideration was that his "Real Bitcoin" will split from Bitcoin, forking into a new chain, which has Segwit as "anyone" can spend.


Incorrect. Satoshi’s immutable protocol can’t fork from itself. Blockstream invented this term “soft fork” which really means:

Quote from: Blockscream Scam
Be a fool, trust us, and misconfigure your wallet to spend to addresses which Bitcoin can’t recognize and thus are spendable to anyone. Wink

And then tell all your worthless comrades to trade their lunch money on exchanges which also use similarly misconfigured clients and we’ll huddle together near the cliff as one-for-all-and-all-for-one sheepeople, so we can safely and assuredly fall over the cliff into the woodchipper together.


The “soft fork” exists only as an illusion for obedient idiots who huddle together in bankrupt “democracy” to destroy themselves as per the following depicted example (click the image to read about it):





What exchanges, which are part of the economic majority, would be stupid enough to give that chain the ticker "BTC", or stupid enough to list it?


The uber wealthy who control most of the BTC don’t give a fuck about your worthless lunch money exchanges. They trade on the OTC markets in size. The exchanges exist only to take BTC from greater fools.



A chain which miners can steal Bitcoins? Will the community let this happen?


Indeed! Core is effectively stealing your BTC (and eventually forcing miners to take it as donations for the defense against Core’s political corruption) by convincing you to spend your BTC to unrecognized addresses. The Core protocol is not Bitcoin. It is a hard fork masquerading as a “soft fork”. Only worthless fools incorrectly hallucinate to imagine and profess to the faithful that “really this is Bitcoin because we all voted and we will stand together near the cliff when the hard fuck/fork off comes”.  

The economic majority decide. And you worthless fools are not the economic majority.


[…] if the forkers[Satoshi’s protocol] 51% attacked[defended] b[B]itcoin to promote their [existence of a] fraud[ulent imposter] chain, they'd need to expend huge[normal ongoing level of mining] resources on an ongoing basis. not gonna happen. everyone[worthless fools] knows bitcoin users can [not] just wait out the attack[removal of the scammers from the ecosystem and restoration of Nash equilibrium] at no cost.


ftfy. Kiss


the more you feed him the more he is going to create alt-accounts and post his crap here. just let his topics die since mods don't remove them.


So you’re calling for censorship.  

You want to force everyone to trust Core. Bitcoin is a trustless system, not a system that relies on politics for its survival.  

Note @Traxo and myself “arguing” about religion as some evidence that he is not my sockpuppet. You may also ask mods to check my IP address (I still login in the account in my real name) and note that both of our IP addresses are ISPs (mine in Philippines and his in Eastern Europe) so it’s impossible we are both places at the same time.

You’re dumber than a decaying tree stump.


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June 27, 2019, 08:28:40 AM
 #11

Quote from: Shelby

The economic majority will not opt for the Core fork when it finally is forced to hard fork off from Satoshi’s Legacy protocol, because Core is a bug that enabled miners to spend Core’s “anyone can spend” BTC (presumably to themselves) and the only way to permanently repair that bug is to “burn their fingertips up to their armpits” of those foolish enough to hold Core addresses which donates their BTC to the future security of Bitcoin gained by punishing those fools who use buggy client software that spends their BTC to “anyone can spend” addresses. Who is foolish enough to be scammed by Core into spending their BTC to a “soft fork” that does not exist? Apparently we have a lot of fools in this world.


What the Shelby character didn't put into consideration was that his "Real Bitcoin" will split from Bitcoin, forking into a new chain, which has Segwit as "anyone" can spend. What exchanges, which are part of the economic majority, would be stupid enough to give that chain the ticker "BTC", or stupid enough to list it?

A chain which miners can steal Bitcoins? Will the community let this happen? A call for a POW change would be most probable.

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June 27, 2019, 08:50:12 AM
 #12

A chain which miners can steal Bitcoins? Will the community let this happen? A call for a POW change would be most probable.

i doubt a POW change would be necessary. if the forkers 51% attacked bitcoin to promote their fraud chain, they'd need to expend huge resources on an ongoing basis. not gonna happen. everyone knows bitcoin users can just wait out the attack at no cost.

if the forkers don't 51% attack bitcoin, the whole thing will literally go unnoticed. removing segwit would be an incompatible change for the vast majority of the network---not just users but exchanges, services. the fork would probably just be treated as an obscure shitcoin like "bitcoin god" or "bitcoin diamond".

at most, bitfinex would give the fork an alternate ticker and let the market sort it out. most exchanges would just ignore it. good luck to the miners.......i can't imagine anyone in the world that would buy the mining rewards on their fork.

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June 27, 2019, 09:14:05 AM
 #13

why do you guys keep feeding the trolls? the first reply by exstasie  was more than enough. the more you feed him the more he is going to create alt-accounts and post his crap here. just let his topics die since mods don't remove them.

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June 27, 2019, 02:17:15 PM
 #14

His rebuttals were inserted.
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June 28, 2019, 06:02:49 AM
 #15

Quote from: Shelby

What exchanges, which are part of the economic majority, would be stupid enough to give that chain the ticker "BTC", or stupid enough to list it?


The uber wealthy who control most of the BTC don’t give a fuck about your worthless lunch money exchanges. They trade on the OTC markets in size. The exchanges exist only to take BTC from greater fools.


Roll Eyes

Of course they do. Without those exchanges, the "uber wealthy" would only be trading among themselves, which would be so stupid. The "worthless lunch money exchanges" are what circulate cryptocurrencies to the masses. The "uber elite" wouldn't want to scam each other, do they? Cool

Quote


A chain which miners can steal Bitcoins? Will the community let this happen?

Indeed! Core is effectively stealing your BTC (and eventually forcing miners to take it as donations for the defense against Core’s political corruption) by convincing you to spend your BTC to unrecognized addresses. The Core protocol is not Bitcoin. It is a hard fork masquerading as a “soft fork”. Only worthless fools incorrectly hallucinate to imagine and profess to the faithful that “really this is Bitcoin because we all voted and we will stand together near the cliff when the hard fuck/fork off comes”.  

The economic majority decide. And you worthless fools are not the economic majority.


Anyone that buys, or sells are part of the economic majority.

Plus good luck to your "Real Bitcoin", your transactions/blocks will be rejected, https://coin.dance/nodes

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June 29, 2019, 06:26:21 AM
 #16

A post in the subject: 

https://steemit.com/bitcoin/@anonymint/ptlyfl

The post is a follow up on the discussion about increasing volatility and a collapse of the Bitcoin (Core), 
comments about x100 leverages and calm before the storm (charts included).

Quote
I now posit that cryptocosm will appear to be nearly dead from 2024.35 – 2028.65.

Following up the discussion above and in further support of this conceptualization of increasing volatility and collapse for the fake Core BitcOn (which everyone thinks is Bitcoin) whilst the legacy, real, immutable, Satoshi “v0.1” Bitcoin will continue rising but most people having been fooled and thought Bitcoin had died as the price and the Bitcoin forgery named Bitcoin Core craters to ~$775, it appears that crypto is being intentionally pumped up now for a big crash (perhaps May 2020 at the halving) so that public confidence can be directed towards Facebook’s 666 Libra as the 2020.05 – 2024.35 private wave gives way to the 2024.35 – 2028.65 public wave before the final phase transition moonshot private wave peak in 2032.95


What's the point of promoting a "pseudo-analysis" FUD article posted on Steemit?
The article author might get a few Steemit shitcoins and we might start a pointless discussion arguing with a flawed theory posted by a BSV supporter,but it's a waste of time.

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June 29, 2019, 08:08:48 AM
Last edit: June 30, 2019, 04:40:39 PM by Traxo
 #17

Supplement


Quote from: Shelby
Quote from: Shelby
What exchanges, which are part of the economic majority, would be stupid enough to give that chain the ticker "BTC", or stupid enough to list it?


The uber wealthy who control most of the BTC don’t give a fuck about your worthless lunch money exchanges. They instead trade on the OTC markets in size. The exchanges exist only to take BTC from greater fools.



Of course they do.

Absolutely not. You didn’t even grok the holistic meaning, implications and implied context of what I wrote.

Without those exchanges, the "uber wealthy" would only be trading among themselves, which would be so stupid. The "worthless lunch money exchanges" are what circulate cryptocurrencies to the masses. The "uber elite" wouldn't want to scam each other, do they? Huh

Wealth, money, and even cryptocurrency (as well as all fungible resources) are power-law distributed. This means roughly that 80% of the people have less than 20% of the wealth. And the top 20% have more than 80%. The top 1% has nearly 33% of all wealth, money and cryptocurrency.

Thus for liquidity, the wealthy must trade between themselves, because the minions don’t have enough. That is why OTC markets exist, so the wealthy can find the liquidity they need, with a broker that matches wealthy clients for trades. It’s as if you don’t even know what distinguishes an OTC exchange from a “lunch money” exchange.

The wealthy own the “bucket shop”, lunch money exchanges which are the “casinos” for the minions. They create these gambling “casinos” so as to siphon off the meager 20% from the minions so that minions are entirely enslaved. This has always been the reality of the human civilization. Most people are destined to be slaves, because they are retarded.

Any exchanges hodling their BTC in Core addresses will be destroyed. And then the wealthy will replace them with new exchanges. Wash, rinse, repeat.

Even you can imagine that some huge wallets stored in Core addresses will be donated to the miners wherein surreptitiously the miner taking a SegWit donation is the original owner of those SegWit (UTXO) tokens. So in that way the wealthy owner of the exchange is able to surreptitiously steal everyone’s tokens back to himself without anyone being capable of knowing he did this. The wealthy are cunning and not retarded. Then create a new exchange. Wash. Rinse. Repeat. You fucking retard, do you have no clue about the way the real world actually functions. Your retarded snowflake fantasy does not exist except as an illusion in your 95 IQ brain.

Also not every exchange uses Core addresses. For example Bitfinex hodls their main wallet in Legacy address, not Core shitcoins.

I’m warned to never argue with an idiot because they’re incapable of perceiving (or even being embarrassed of and circumspect even to limit) the blight and wastage of the retardolade they spew:



Quote from: Shelby
A chain which miners can steal Bitcoins? Will the community let this happen?

Indeed! Core is effectively stealing your BTC (and eventually forcing miners to take it as donations for the defense against Core’s political corruption) by convincing you to spend your BTC to unrecognized addresses. The Core protocol is not Bitcoin. It is a hard fork masquerading as a “soft fork”. Only worthless fools incorrectly hallucinate to imagine and profess to the faithful that “really this is Bitcoin because we all voted and we will stand together near the cliff when the hard fuck/fork off comes”.

The economic majority decide. And you worthless fools are not the economic majority.

Anyone that buys, or sells are part of the economic majority.

The word ‘majority’ is not the word ‘whole’.

The economic majority is not the same as the economic whole.

The distribution of token hodlings is not uniform and thus the demographics have different vested interests. The economic minority which includes 80+% of the people (i.e. the retarded sheepeople) want a snowflake fantasy life which does not and can not exist.

The smaller number of individuals who comprise the economic majority want to protect the unforgeable costliness of Bitcoin because otherwise they and Bitcoin would fall into the woodchipper of politics (which would ultimately lead to debasing the token supply, stealing tokens such as Theymos’ proposing to nuke Satoshi’s tokens, and competing forks with no Schelling point nor Nash equilibrium). And by now the wealthy love to enslave all of you retards, because you retards always want to destroy everything. Besides it’s so easy to do, so entertaining, and because if they didn’t do it, someone else would.

Plus good luck to your "Real Bitcoin", your transactions/blocks will be rejected, https://coin.dance/nodes

Foolish bunny brain, you’re going to fall into the woodchipper. I already explained numerous times why your node counting nonsense is retarded. There is no need for me to repeat my slam dunk arguments over and over again.

You retards simply will never be capable of grokking how empty your brains are.



What's the point of promoting a "pseudo-analysis" FUD article posted on Steemit?

No one is promoting. Do you see a fucking advertisement for a shitcoin such as that one on your forum signature?

I am pointing out facts for benefit of intelligent people who do not want to lose all their BTC.

You’re a retard who is going to lose all your BTC. You have not understood anything you have read here. How low does your IQ need to be in order to be so incapable of assimilating logic.

The article author might get a few Steemit shitcoins and we might start a pointless discussion arguing with a flawed theory posted by a BSV supporter,but it's a waste of time.

Hey idiot, the real Bitcoin I am referring to is not BSV. I have many times made that clear. You fail to even fucking read, and then you fall into the woodchipper because you do not understand what you are attempting to read. The real Bitcoin I am referring to is Satoshi’s immutable “v0.1” protocol which contrary to your retarded bunny brain illogic, is still running as Bitcoin. The Core “soft fork” is compatible with the real Bitcoin until the SegWi booty piles up high enough, then it becomes a threat to the Nash equilibrium which provides a single longest chain. And the Schelling point becomes to take those donations to restore the security of the chain. That P2SH (i.e. 3 addresses) booty is already 6 million BTC! At $50,000 that will be a $300+ billion booty dangling in front of the miners’ faces. You retards are delusional if you think the miners are not going to take it. They can for example with $300 billion buy all the ASIC production for the foreseeable future to make it so.

If you think my purpose is to earn STEEM tokens or argue with retards, then you’re not very astute.

Do you fail to understand that I have been sent here to warn you, because the wealthy have a code of honor and must warn the minions before they fleece them. So that there is no fault on their side when you retards destroy yourselves as you always do.

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July 01, 2019, 06:12:11 AM
 #18

Shelby, good luck to your "real Bitcoin". I hope it will happen the way you have described it, which it won't, because I'm so curious. Hahaha!

Plus I'm very confident nothing of what you campaign for and FUD, about will happen because it would be more profitable to continue on if the miners remain honest.

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July 01, 2019, 08:35:56 PM
Last edit: July 01, 2019, 08:51:45 PM by THX 1138
 #19

Posted as an impartial messenger, which means don’t presume I agree with the choice of wording or even the points made. Nevertheless the forum benefits from hearing all sides of an argument.

Quote from: shelby

Plus I'm very confident nothing of what you campaign for and FUD, about will happen because it would be more profitable to continue on if the miners remain honest.

You seem to not understand after all that I wrote and explained, that Core is the dishonest scam that lied to all of you. And the miners will be honest by protecting Bitcoin’s immutability and thus its only means of having any value after this scam.

You guys who perpetuate the lie are the dishonest scammers.

It’s analogous to Hellary Clinton claiming that Trump is dishonest. The scammer is claiming the honest one is the dishonest one.

Try to wrap your limited mind around this. I doubt you can. And that is why democracy sucks, because fools can be manipulated.

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July 01, 2019, 09:18:50 PM
 #20

Quote
You seem to not understand after all that I wrote and explained, that Core is the dishonest scam that lied to all of you. And the miners will be honest by protecting Bitcoin’s immutability and thus its only means of having any value from this scam.

It was Satoshi's fault Segwit was compatible with Bitcoin's protocol rules. That's why updating clients wasn't required to activate it....forward and backward compatibility between legacy and Segwit nodes. It was how Satoshi purposefully designed Bitcoin.

If Bitcoin's design is a scam, take it up with Satoshi.

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