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Bitcoin Sperg
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January 17, 2015, 04:06:33 PM
 #1

A year or so ago, I remember bitcoin being above $1000, the Guardian ran many positive stories. It seemed every day bitcoin had a positive spin - bitcoin million dollar thumbdrive found, bitcoin beer sold, bitcoin hoarded by Chinese. I mentioned the obvious fact - that bitcoin was a (pointlessly) elaborate Ponzi scheme, whose obfuscations and complexities only served to mask the extremely obvious truth - the vast majority of bitcoin is valued 1 cent or lower, and the only job of the founders (Ponzi leaders) is to in entice new users (dumb money) into the bottom of the Ponzi pyramid. It does't matter at what point the dumb money came in - $1 or $1000, to the tip of the pyramid it's pure profit, even if they manage to liquidate only a few bitcoin to actual money (a difficult task even in the most stable periods) they would reap pure profit and the dumb money would instantly (I mean instantly) become permanent bagholders (once a ponzi begins unraveling, the momentum is always down).

When I pointed out the simple truth (truth is always simple, unlike fraudulent bitcoin) of the ponzi scheme, I was shouted down by waves of scheming pump boilers. They all came out of the woodwork at once. "You don't understand X" "The protocol means Y" "Satoshi and Ayn Rand told me Z" on and on and on. Wow, I was shocked, I'd never seen such coordinated efforts to boil up a price. I only hope that those guys were near the original buy in, otherwise they became suicidally trapped bagholders. $300? $500? $1200? Who knows the depth of their ruination.

Moral of the story - to the founders, congratulations, you defrauded, and continue to defraud, tens of thousands of people who I'm sure thought they were very clever and ahead of the game (usually the dumbest people in the room). And to the bagholders - I won't say it's not too late, because at this point liquidating any bitcoin volume in any meaningful significance will lock up the remaining "market" and lead to an instant crash or more likely simply the termination of "market" function in totality. But you can resolve today to put your savings in actual assets valued in actual money, money backed by hundreds of trillions of physical assets, enforcement agencies, and transparent, fraud resisting systems that are continuously improved day by day. You've been victimized, but you can learn from your mistakes and make sure other friends and family are not defrauded by cyber criminals and ponzi pumpers. Cheers!  Grin

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January 17, 2015, 04:07:56 PM
 #2

You clearly have no idea how Bitcoin or Ponzi's work. Well done, you are twice as stupid as everyone here. Wink

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January 17, 2015, 04:12:45 PM
 #3


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January 17, 2015, 04:48:08 PM
 #4

When I pointed out the simple truth (truth is always simple, unlike fraudulent bitcoin) of the ponzi scheme, I was shouted down by waves of scheming pump boilers.
You are lying: you have a post count of 1 which means that you never posted before.
Unless of course you are using a sock puppet account to troll safely.
Noob or troll? This is the question.
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January 17, 2015, 04:56:10 PM
 #5

A year or so ago, I remember bitcoin being above $1000, the Guardian ran many positive stories. It seemed every day bitcoin had a positive spin - bitcoin million dollar thumbdrive found, bitcoin beer sold, bitcoin hoarded by Chinese. I mentioned the obvious fact - that bitcoin was a (pointlessly) elaborate Ponzi scheme, whose obfuscations and complexities only served to mask the extremely obvious truth - the vast majority of bitcoin is valued 1 cent or lower, and the only job of the founders (Ponzi leaders) is to in entice new users (dumb money) into the bottom of the Ponzi pyramid. It does't matter at what point the dumb money came in - $1 or $1000, to the tip of the pyramid it's pure profit, even if they manage to liquidate only a few bitcoin to actual money (a difficult task even in the most stable periods) they would reap pure profit and the dumb money would instantly (I mean instantly) become permanent bagholders (once a ponzi begins unraveling, the momentum is always down).

When I pointed out the simple truth (truth is always simple, unlike fraudulent bitcoin) of the ponzi scheme, I was shouted down by waves of scheming pump boilers. They all came out of the woodwork at once. "You don't understand X" "The protocol means Y" "Satoshi and Ayn Rand told me Z" on and on and on. Wow, I was shocked, I'd never seen such coordinated efforts to boil up a price. I only hope that those guys were near the original buy in, otherwise they became suicidally trapped bagholders. $300? $500? $1200? Who knows the depth of their ruination.

Moral of the story - to the founders, congratulations, you defrauded, and continue to defraud, tens of thousands of people who I'm sure thought they were very clever and ahead of the game (usually the dumbest people in the room). And to the bagholders - I won't say it's not too late, because at this point liquidating any bitcoin volume in any meaningful significance will lock up the remaining "market" and lead to an instant crash or more likely simply the termination of "market" function in totality. But you can resolve today to put your savings in actual assets valued in actual money, money backed by hundreds of trillions of physical assets, enforcement agencies, and transparent, fraud resisting systems that are continuously improved day by day. You've been victimized, but you can learn from your mistakes and make sure other friends and family are not defrauded by cyber criminals and ponzi pumpers. Cheers!  Grin


TLDR

https://www.cryptocoinsnews.com/bitcoin-dead-dumb/ - All you need to read is the title of this article - BITCOIN IS DEAD BECAUSE YOU ARE TOO DUMB
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January 17, 2015, 05:04:57 PM
 #6

SA Goons really come out of the woodwork during a price drop, don't they? Someone should do a study of the amount of crap posts from new accounts relative to price swings.

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January 17, 2015, 06:15:26 PM
 #7

A year or so ago, I remember bitcoin being above $1000, the Guardian ran many positive stories. It seemed every day bitcoin had a positive spin - bitcoin million dollar thumbdrive found, bitcoin beer sold, bitcoin hoarded by Chinese. I mentioned the obvious fact - that bitcoin was a (pointlessly) elaborate Ponzi scheme, whose obfuscations and complexities only served to mask the extremely obvious truth - the vast majority of bitcoin is valued 1 cent or lower, and the only job of the founders (Ponzi leaders) is to in entice new users (dumb money) into the bottom of the Ponzi pyramid. It does't matter at what point the dumb money came in - $1 or $1000, to the tip of the pyramid it's pure profit, even if they manage to liquidate only a few bitcoin to actual money (a difficult task even in the most stable periods) they would reap pure profit and the dumb money would instantly (I mean instantly) become permanent bagholders (once a ponzi begins unraveling, the momentum is always down).

When I pointed out the simple truth (truth is always simple, unlike fraudulent bitcoin) of the ponzi scheme, I was shouted down by waves of scheming pump boilers. They all came out of the woodwork at once. "You don't understand X" "The protocol means Y" "Satoshi and Ayn Rand told me Z" on and on and on. Wow, I was shocked, I'd never seen such coordinated efforts to boil up a price. I only hope that those guys were near the original buy in, otherwise they became suicidally trapped bagholders. $300? $500? $1200? Who knows the depth of their ruination.

Moral of the story - to the founders, congratulations, you defrauded, and continue to defraud, tens of thousands of people who I'm sure thought they were very clever and ahead of the game (usually the dumbest people in the room). And to the bagholders - I won't say it's not too late, because at this point liquidating any bitcoin volume in any meaningful significance will lock up the remaining "market" and lead to an instant crash or more likely simply the termination of "market" function in totality. But you can resolve today to put your savings in actual assets valued in actual money, money backed by hundreds of trillions of physical assets, enforcement agencies, and transparent, fraud resisting systems that are continuously improved day by day. You've been victimized, but you can learn from your mistakes and make sure other friends and family are not defrauded by cyber criminals and ponzi pumpers. Cheers!  Grin



great point. same as mine explained over and over again here Smiley  

I read here about people who lost their jobs, houses, families because they "played" in Bitcoin. Ruined lives whereof the Bitcoin media doesn't say any word (how else?!) and the others users are blinds/do not care.

brainwashing ! Smiley



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January 17, 2015, 06:41:40 PM
 #8

i've noticed a big series of people coming here as new users and posting 1 long ass FUD post out of nowhere. What a coincidence!

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January 17, 2015, 06:47:58 PM
 #9

SA Goons really come out of the woodwork during a price drop, don't they?

It's gotten to the point where I would be concerned if they didn't!

Yeah, I guess that's the real indicator. You know you're screwed when they leave you alone. Wink

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January 17, 2015, 06:54:46 PM
 #10

SA Goons really come out of the woodwork during a price drop, don't they?

It's gotten to the point where I would be concerned if they didn't!

Yeah, I guess that's the real indicator. You know you're screwed when they leave you alone. Wink

It's hormonal, SA's spawning season is countercyclical with Bitcoin price action.
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January 17, 2015, 06:56:16 PM
 #11

SA Goons really come out of the woodwork during a price drop, don't they? Someone should do a study of the amount of crap posts from new accounts relative to price swings.

If we had some kind of fund where we could go long on idiotic n00b posts, we could stabilise price with it Cheesy

TL;DR See Spot run. Run Spot run. .... .... Freelance interweb comedian, for teh lulz >>> 1MqAAR4XkJWfDt367hVTv5SstPZ54Fwse6

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January 17, 2015, 09:17:29 PM
 #12

SA Goons really come out of the woodwork during a price drop, don't they? Someone should do a study of the amount of crap posts from new accounts relative to price swings.

If we had some kind of fund where we could go long on idiotic n00b posts, we could stabilise price with it Cheesy

being "old" on a forum, it doesn't mean that you know everything, grandpa Smiley
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January 17, 2015, 09:22:17 PM
 #13

A year or so ago, I remember bitcoin being above $1000, the Guardian ran many positive stories. It seemed every day bitcoin had a positive spin - bitcoin million dollar thumbdrive found, bitcoin beer sold, bitcoin hoarded by Chinese. I mentioned the obvious fact - that bitcoin was a (pointlessly) elaborate Ponzi scheme, whose obfuscations and complexities only served to mask the extremely obvious truth - the vast majority of bitcoin is valued 1 cent or lower, and the only job of the founders (Ponzi leaders) is to in entice new users (dumb money) into the bottom of the Ponzi pyramid. It does't matter at what point the dumb money came in - $1 or $1000, to the tip of the pyramid it's pure profit, even if they manage to liquidate only a few bitcoin to actual money (a difficult task even in the most stable periods) they would reap pure profit and the dumb money would instantly (I mean instantly) become permanent bagholders (once a ponzi begins unraveling, the momentum is always down).

When I pointed out the simple truth (truth is always simple, unlike fraudulent bitcoin) of the ponzi scheme, I was shouted down by waves of scheming pump boilers. They all came out of the woodwork at once. "You don't understand X" "The protocol means Y" "Satoshi and Ayn Rand told me Z" on and on and on. Wow, I was shocked, I'd never seen such coordinated efforts to boil up a price. I only hope that those guys were near the original buy in, otherwise they became suicidally trapped bagholders. $300? $500? $1200? Who knows the depth of their ruination.

Moral of the story - to the founders, congratulations, you defrauded, and continue to defraud, tens of thousands of people who I'm sure thought they were very clever and ahead of the game (usually the dumbest people in the room). And to the bagholders - I won't say it's not too late, because at this point liquidating any bitcoin volume in any meaningful significance will lock up the remaining "market" and lead to an instant crash or more likely simply the termination of "market" function in totality. But you can resolve today to put your savings in actual assets valued in actual money, money backed by hundreds of trillions of physical assets, enforcement agencies, and transparent, fraud resisting systems that are continuously improved day by day. You've been victimized, but you can learn from your mistakes and make sure other friends and family are not defrauded by cyber criminals and ponzi pumpers. Cheers!  Grin



Nice first post, congrats Tongue



LOL me too.

Seriously, what is the point of creating newbie accounts to attack bitcoin? Are these people getting paid or something?

If I had a bitcoin for every ponzi post in the gambling section and every FUD post here, I'd be rich.
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January 17, 2015, 09:26:50 PM
 #14

OP, tell us _your own_ story, pls!
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January 17, 2015, 09:31:35 PM
 #15

SA Goons really come out of the woodwork during a price drop, don't they? Someone should do a study of the amount of crap posts from new accounts relative to price swings.

If we had some kind of fund where we could go long on idiotic n00b posts, we could stabilise price with it Cheesy

being "old" on a forum, it doesn't mean that you know everything, grandpa Smiley

No dickweed, it means we've heard it all before so jackoffs like you are just wasting their time. I bet I'm one of only a few people on the forum that doesn't already have you on ignore. You couldn't possibly be stupid enough to think you've posted an original thought somewhere that would scare us all away from Bitcoin, could you?

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January 17, 2015, 09:33:48 PM
 #16

A year or so ago, I remember bitcoin being above $1000, the Guardian ran many positive stories. It seemed every day bitcoin had a positive spin - bitcoin million dollar thumbdrive found, bitcoin beer sold, bitcoin hoarded by Chinese. I mentioned the obvious fact - that bitcoin was a (pointlessly) elaborate Ponzi scheme, whose obfuscations and complexities only served to mask the extremely obvious truth - the vast majority of bitcoin is valued 1 cent or lower, and the only job of the founders (Ponzi leaders) is to in entice new users (dumb money) into the bottom of the Ponzi pyramid. It does't matter at what point the dumb money came in - $1 or $1000, to the tip of the pyramid it's pure profit, even if they manage to liquidate only a few bitcoin to actual money (a difficult task even in the most stable periods) they would reap pure profit and the dumb money would instantly (I mean instantly) become permanent bagholders (once a ponzi begins unraveling, the momentum is always down).

When I pointed out the simple truth (truth is always simple, unlike fraudulent bitcoin) of the ponzi scheme, I was shouted down by waves of scheming pump boilers. They all came out of the woodwork at once. "You don't understand X" "The protocol means Y" "Satoshi and Ayn Rand told me Z" on and on and on. Wow, I was shocked, I'd never seen such coordinated efforts to boil up a price. I only hope that those guys were near the original buy in, otherwise they became suicidally trapped bagholders. $300? $500? $1200? Who knows the depth of their ruination.

Moral of the story - to the founders, congratulations, you defrauded, and continue to defraud, tens of thousands of people who I'm sure thought they were very clever and ahead of the game (usually the dumbest people in the room). And to the bagholders - I won't say it's not too late, because at this point liquidating any bitcoin volume in any meaningful significance will lock up the remaining "market" and lead to an instant crash or more likely simply the termination of "market" function in totality. But you can resolve today to put your savings in actual assets valued in actual money, money backed by hundreds of trillions of physical assets, enforcement agencies, and transparent, fraud resisting systems that are continuously improved day by day. You've been victimized, but you can learn from your mistakes and make sure other friends and family are not defrauded by cyber criminals and ponzi pumpers. Cheers!  Grin



You really lack any intelligence, even though you want to act like you are.... Look op ponzi, and you will see how stupid your post is, let me guess, you own ripple Wink
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January 17, 2015, 09:37:06 PM
 #17

Everyone needs to calm down, it's pretty clear the OP has some mental health issues which is shown by the fact that he really believes everything is out to ruin him. Lol, get help OP.
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January 17, 2015, 09:38:10 PM
 #18

Reminds me of that Washington Post article.  Roll Eyes

OP should read this
http://coinbrief.net/washington-post-bitcoin-wonkblog/














 

 

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January 17, 2015, 10:03:45 PM
 #19

...where's flipstyle ?

on a break ?
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January 17, 2015, 10:15:49 PM
 #20

Everyone needs to calm down, it's pretty clear the OP has some mental health issues which is shown by the fact that he really believes everything is out to ruin him. Lol, get help OP.

some people from here are not related with BTC (they are writing to have fun) that's why they may have a clear vision about what Bitcoin is .

what if you some mental health issues and you don't know? it is a possibility.  Smiley


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