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Topic: BitBay |Decentralized Marketplace|Smart Contracts|IoT Tech|Markets Open - page 8. (Read 339485 times)

legendary
Activity: 1162
Merit: 1000
Once again I can't believe that I'm writing something defensive as far as barabbas is concerned (somewhat at least).

I think that is undoubtedly him, but why does it matter?!?!  (And the post was deleted but he's Spanish, not Mexican - that's in his post history... not hidden really).

He didn't scam anyone (at least in this particular coin... which is all this thread is about).  Quite the opposite - which is why (I presume) he was so active in it... because he did not get included.  So why the effort to find him?  If being enthusiastic about one coin's prospects while FUDing the living shit out of another coin is a crime, then basically almost all of BCT is going to jail - but it's not.  If being emotionally supportive of a coin that turned out to be a scam is wrong... then I certainly don't have the right to cast the first stone... and if you're being honest, almost no one who's really vocally supportive of crypto for very long can either.

Do I like him? Hell no! I find him a totally irritating prick... but I support that prick's right to his opinions and conspiracy theories - which in this case turned out to be completely correct thus far.

Since typing this is making me nauseous, that's all I'll write.  Then we can go back to being enemies (for the most part).

@DZimbeck I have vocally supported you in numerous threads and for some time, because I believe in the technology and I believe in the future of BC, BTC and crypto in general... but seriously?!?  You obviously see it differently, but the fact that you protected you own interests (and those of your partners... all of them) instead of the actual investors in the coin is a serious problem for me.  There is still ZERO TRANSPARENCY regarding the total number of coins you (and Steven and Lin) control.

Based on your own statements, you three had >220M coins to begin with... and Steven (and Lin?) has been using BTC to place buy support in the BAY market - so will you please post a full ledger of your coin holdings?  I, and many others I'm sure, aren't as concerned with how much BTC you have or where it's located - but if the 'team' is now in control of a third or more of the BAY in existence... that's kinda a big deal - wouldn't you agree?

The only real problem I have with the way things went down was the purchasing of BAY with investor BTC to hold yourself.  OK, that's not the only real problem, but the others are not unique to this coin - they're all over altcoins these days.  Not only was that fraud during the ICO - but if it continues to this day - then nothing has changed at all!  Can you provide full documentation that the BTC used to prop up BAY currently (by Steven) is, in fact, new BTC?  Or are you simply churning the same investor BTCs a third time?

What is not only nauseating but revolting also is that, in spite of all the facts and all the evidence presented and completely in the open, you -and others-, still continue not "getting it". In so many ways. Starting with the real numbers that have been posted numerous times. And continuing with still listening to Zimbeck the Turd, a pathological liar and proven scammer that everyone knows not only went along with the scam but made it possible and enthusiastically supported it. Not only that, along with "Steven" he continues perpetrating the pathetically insignificant version to this day.

What the fuck else do you want? ledgers to corroborate what you already know too well? what for? why do you need further corroboration, some kind of fetish? What does it matter at all, anyone with above a pea brain would run not walk from these crooks. And yet, nauseatingly, you -and others- keep insisting if "more proof"... wow. I understand the idiots that hold some bags and desperately hang on to whatever hope for another pump by "Steven" and his chinese pals to get out, at least there's a totally blind and stupid motive for their hanging on, but you? the rest able to think? come on!

Talk about beating a dead horse...

Edit to add: And just to make things perfectly clear since you have a willful selective understanding, which coins I have "...FUDing the living shit out of...", as you colorfully put it, that have not been proven -by me- to be total scams OR examples of outrageous ineptitude? Blackcoin? Total scam (The Black Hand, fully detailed in multiple threads including the officially restored one), Libertycoin? Who but me unmasked completely Carlos and proved he was a total scammer along with partner Loljosh, not just on Libertycoin but also in a dozen more? Pesa? take a look, because it surely has gone under your radar. PINK (I was so enthusiastic about it I included it in my WALL OF HONOR... only to discover that it had been a scam all along, as proven by the devs own words?
Now the obvious incompetent ones: Vericon, Nautiluscoin, Saffroncoin... not only I was modestly invested in those (I still am, albeit more modestly), but defended the fact that there were real people behind them, as a huge positive. But you can put behind any project Mother Theresa, if it doesn't know what she's doin it will remain an example of incompetence, just like those three have again and again proven to be. So exactly which coins I have FUDDED and with what purpose, since, I repeat, I am still -and have always been- invested in those?

It is, indeed, quite nauseating. Look in the mirror and vomit, I suggest.
legendary
Activity: 1162
Merit: 1000
You are VERY wrong. There's no reason for altcoins to exist, none.
(...)
I don't know if the majority of the people associate bitcoin with commodity.n If they do, that's far from bad. Personally, I see it as the best imaginable storage of value available, by leaps and bounds.

Glad you revealed your hand there. This isn't about Bitbay, it's not even about Zimbeck. It's about going after the competitors.

 No, no. This was andn is about BAY and Zimbeck the Turd. It has strayed a bit of late, towards a more significant matter. And "my hand" is and has always been, Bitcoin. Alts were interesting for a while, until I discovered most were just very rudimentary scams and those that weren't outright scams, are either ill-fated by design (DRK, etc) or totally riddled by incompetence.

There are a couple of (potential) exceptions, in Ethereum and, as a very, very distant, in fact improbable second, Supernet. The rest will simply not survive.
But that happening, or the opposite, will have nothing whatsoever to do with my opinions based on the simplest common sense, or modest investments. Or whatever else you fathom "my hand" to be.
legendary
Activity: 1162
Merit: 1000
100 wallets own 98.8% of Bitbay, is that a bad thing or a good thing? Kinda scary that we only have 100 people backing bitbay

Oh Gosh... Zimbeck the Turd alone has at least 10 different wallets, probably more. "Steven" probably has 50 or more. And Lin? who knows.

No one has any interest in BAY, no one.

As it should be being as it is a SCAM.
legendary
Activity: 1162
Merit: 1000
@LOLA, everybody who is in bitcointalk for a long time know that barabbas is iconic expert and he lives in NY.

He already posted as ie using barabbas account and also as barabbas using ie account.

He is schizophrenic and has several personalities.

Many people here also knows who he is in real life. And he isn't Jose

There you go emilio! If the narrative doesn't serve your agenda, throw it out.

Batman, I insist on Batman.
hero member
Activity: 776
Merit: 557
100 wallets own 98.8% of Bitbay, is that a bad thing or a good thing? Kinda scary that we only have 100 people backing bitbay
legendary
Activity: 2184
Merit: 1028
#mitandopelomundo
@LOLA, everybody who is in bitcointalk for a long time know that barabbas is iconic expert and he lives in NY.

He already posted as ie using barabbas account and also as barabbas using ie account.

He is schizophrenic and has several personalities.

Many people here also knows who he is in real life. And he isn't Jose
sr. member
Activity: 255
Merit: 250
So what does everyone think about the price? Think we'll see a rise soon?

to tha mooooooooooooooon
full member
Activity: 168
Merit: 100
So what does everyone think about the price? Think we'll see a rise soon?
full member
Activity: 168
Merit: 100
lol that is not barrabas... n00b account made just to post crap almost proves my point again and you guys still post pictures of other people to defend your lame accounts. I guess it makes sense, when socially conditioning people, you want to protect your 4 star accounts.

This is coming from barrabas(Bob et al) who refused to talk to me face to face over tox or skype to prove his existence and who repeating things from private convos with Bob and barrabas who repeated FUD and claimed i took source from bitxbay which is by far the dumbest of all the fud accusations ever(considering BitHalo was released May 29th in private beta).

They should limit the amount of accounts per IP

http://www.reddit.com/r/blackcoin/comments/25oda8/ie_and_barrabas_one_and_the_same/

Sound familiar?


Also LoyalToYou247 is a BRAND NEW account jumps on to post that. hahahahha. Just a big giant circle jerk you all have going on there.

By the way, the only "scams" barrabas is denouncing is ones he is personally involved with(or other people or coins he is trying to attack) because he works on the same team... duh.

That "discovery" doesn't serve you agenda ah, Turd?

It's ok, call me Batman if you think it will serve the purpose of diluting the fact that you are a confirmed and denounced scammer, long before it blew up... not by you, but by me. Or keep on calling me Bobsurplus' shill, since it appears that Bob himself, that you also tried, won't fly. Let me repeat it to you one more time: Bob is one of the most despicable individuals on the face of the earth. He deserves to be thrown in jail and get the key lost but you, little liar, scammer, you are way worse than Bob will ever be. A hundred times worse for your enthusiastic participation in the scam while being fully aware of it... by continuing participating in the attempt at scam as you continue to participate right now. You are done, Turd. A despicable, pathetic side-show. A bad memory. A Turd.  Not even worth one more second of mental time.

And yes, in your desperate attempt to deviate the obvious, you brought up something that is in general true, regarding BC. A giant scam, as depicted in THE WALL OF SHAME and in other threads. But that's just another despicable, sad, episode of the history of crypto. The crooks got away with murder, so to speak. Like Bob. So far at least. That doesn't change the fact that you are a liar and a scammer, one foot note in the most recent episode. With no future, to boot.

No one is calling you Batman, just an out of work shitty, old as dust, Mexican actor, with a terrible acting reel.

You live in Reseda, CA and your phone number is: (818) 522 5987

You are with an agency called Baron Entertainment: http://www.baronentertainment.com/
Your e-mail is: [email protected]
You own a domain called: www.estoeshollywood.com

Maybe people should call the agency up (323-969-1000) and tell them that:

SCAMMER JOSE "BARABBAS" DE VEGA FROM RESEDA CALIFORNIA WWW.JOSEDEVEGA.COM
Is a known scammer, fraudster and criminal. He has defrauded many people, and continues to do so-- people like him deserve to experience the full might of the law.


You have tried to delete the evidence trail (which is screenshotted you idiot) thus making you even more culpable (because why would JoseDeVega2009 from twitter delete anything, if it wasn't you?)

Anyway, you have a lovely day Jose.

so Barabbas is a real life actor (sort of) in his late 50s Huh I expect so much more lol

Jose is like a broken record, I wish he'd go back to acting
sr. member
Activity: 532
Merit: 250
just sue that moron Cheesy
full member
Activity: 280
Merit: 102
I love it when I wake up and the witty minds have given me new pages to soak in.
At least the topics have changed to tangible things. And yes there is a place for altcoins to coexist with bitcoin. Part of the altcoin problem is the want to dethrone bitcoin, that could only happen by chance not by design. If the alt community came together instead of flaming each other I think prosperity and adoption would take hold sooner rather than later.
sr. member
Activity: 602
Merit: 250
You are VERY wrong. There's no reason for altcoins to exist, none.
(...)
I don't know if the majority of the people associate bitcoin with commodity.n If they do, that's far from bad. Personally, I see it as the best imaginable storage of value available, by leaps and bounds.

Glad you revealed your hand there. This isn't about Bitbay, it's not even about Zimbeck. It's about going after the competitors.
full member
Activity: 134
Merit: 100
cannot believe as well.. lol
his arguments are so teenish.. i would give him less than 20 yo actually
sr. member
Activity: 1204
Merit: 486
lol that is not barrabas... n00b account made just to post crap almost proves my point again and you guys still post pictures of other people to defend your lame accounts. I guess it makes sense, when socially conditioning people, you want to protect your 4 star accounts.

This is coming from barrabas(Bob et al) who refused to talk to me face to face over tox or skype to prove his existence and who repeating things from private convos with Bob and barrabas who repeated FUD and claimed i took source from bitxbay which is by far the dumbest of all the fud accusations ever(considering BitHalo was released May 29th in private beta).

They should limit the amount of accounts per IP

http://www.reddit.com/r/blackcoin/comments/25oda8/ie_and_barrabas_one_and_the_same/

Sound familiar?


Also LoyalToYou247 is a BRAND NEW account jumps on to post that. hahahahha. Just a big giant circle jerk you all have going on there.

By the way, the only "scams" barrabas is denouncing is ones he is personally involved with(or other people or coins he is trying to attack) because he works on the same team... duh.

That "discovery" doesn't serve you agenda ah, Turd?

It's ok, call me Batman if you think it will serve the purpose of diluting the fact that you are a confirmed and denounced scammer, long before it blew up... not by you, but by me. Or keep on calling me Bobsurplus' shill, since it appears that Bob himself, that you also tried, won't fly. Let me repeat it to you one more time: Bob is one of the most despicable individuals on the face of the earth. He deserves to be thrown in jail and get the key lost but you, little liar, scammer, you are way worse than Bob will ever be. A hundred times worse for your enthusiastic participation in the scam while being fully aware of it... by continuing participating in the attempt at scam as you continue to participate right now. You are done, Turd. A despicable, pathetic side-show. A bad memory. A Turd.  Not even worth one more second of mental time.

And yes, in your desperate attempt to deviate the obvious, you brought up something that is in general true, regarding BC. A giant scam, as depicted in THE WALL OF SHAME and in other threads. But that's just another despicable, sad, episode of the history of crypto. The crooks got away with murder, so to speak. Like Bob. So far at least. That doesn't change the fact that you are a liar and a scammer, one foot note in the most recent episode. With no future, to boot.

No one is calling you Batman, just an out of work shitty, old as dust, Mexican actor, with a terrible acting reel.

You live in Reseda, CA and your phone number is: (818) 522 5987

You are with an agency called Baron Entertainment: http://www.baronentertainment.com/
Your e-mail is: [email protected]
You own a domain called: www.estoeshollywood.com

Maybe people should call the agency up (323-969-1000) and tell them that:

SCAMMER JOSE "BARABBAS" DE VEGA FROM RESEDA CALIFORNIA WWW.JOSEDEVEGA.COM
Is a known scammer, fraudster and criminal. He has defrauded many people, and continues to do so-- people like him deserve to experience the full might of the law.


You have tried to delete the evidence trail (which is screenshotted you idiot) thus making you even more culpable (because why would JoseDeVega2009 from twitter delete anything, if it wasn't you?)

Anyway, you have a lovely day Jose.

so Barabbas is a real life actor (sort of) in his late 50s Huh I expect so much more lol
newbie
Activity: 14
Merit: 0
lol that is not barrabas... n00b account made just to post crap almost proves my point again and you guys still post pictures of other people to defend your lame accounts. I guess it makes sense, when socially conditioning people, you want to protect your 4 star accounts.

This is coming from barrabas(Bob et al) who refused to talk to me face to face over tox or skype to prove his existence and who repeating things from private convos with Bob and barrabas who repeated FUD and claimed i took source from bitxbay which is by far the dumbest of all the fud accusations ever(considering BitHalo was released May 29th in private beta).

They should limit the amount of accounts per IP

http://www.reddit.com/r/blackcoin/comments/25oda8/ie_and_barrabas_one_and_the_same/

Sound familiar?


Also LoyalToYou247 is a BRAND NEW account jumps on to post that. hahahahha. Just a big giant circle jerk you all have going on there.

By the way, the only "scams" barrabas is denouncing is ones he is personally involved with(or other people or coins he is trying to attack) because he works on the same team... duh.

That "discovery" doesn't serve you agenda ah, Turd?

It's ok, call me Batman if you think it will serve the purpose of diluting the fact that you are a confirmed and denounced scammer, long before it blew up... not by you, but by me. Or keep on calling me Bobsurplus' shill, since it appears that Bob himself, that you also tried, won't fly. Let me repeat it to you one more time: Bob is one of the most despicable individuals on the face of the earth. He deserves to be thrown in jail and get the key lost but you, little liar, scammer, you are way worse than Bob will ever be. A hundred times worse for your enthusiastic participation in the scam while being fully aware of it... by continuing participating in the attempt at scam as you continue to participate right now. You are done, Turd. A despicable, pathetic side-show. A bad memory. A Turd.  Not even worth one more second of mental time.

And yes, in your desperate attempt to deviate the obvious, you brought up something that is in general true, regarding BC. A giant scam, as depicted in THE WALL OF SHAME and in other threads. But that's just another despicable, sad, episode of the history of crypto. The crooks got away with murder, so to speak. Like Bob. So far at least. That doesn't change the fact that you are a liar and a scammer, one foot note in the most recent episode. With no future, to boot.

No one is calling you Batman, just an out of work shitty, old as dust, Mexican actor, with a terrible acting reel.

You live in Reseda, CA and your phone number is: (818) 522 5987

You are with an agency called Baron Entertainment: http://www.baronentertainment.com/
Your e-mail is: [email protected]
You own a domain called: www.estoeshollywood.com

Maybe people should call the agency up (323-969-1000) and tell them that:

SCAMMER JOSE "BARABBAS" DE VEGA FROM RESEDA CALIFORNIA WWW.JOSEDEVEGA.COM
Is a known scammer, fraudster and criminal. He has defrauded many people, and continues to do so-- people like him deserve to experience the full might of the law.


You have tried to delete the evidence trail (which is screenshotted you idiot) thus making you even more culpable (because why would JoseDeVega2009 from twitter delete anything, if it wasn't you?)

Anyway, you have a lovely day Jose.
hero member
Activity: 1540
Merit: 500

Bitcoin is a monetary base......I'm in Bitcoin because of one thing and one thing only - an atrophying financial system that's on life support until something better comes along.

While I agree with you philosophically, it's pretty hard to look at the 2014 BTC chart and not say the exact same thing about it at this point.  

Don't get me wrong - the "print more/borrow more" attitudes of the major economies are definitely a losing proposition... but unless you mined/bought BTC more than a year ago (or traded alts with reasonable success) - you'd have been better off just staying in cash.  3-4% inflation (or more accurately value-depreciation) seems like a screaming deal when compared to a 60% loss of value in a single year.  Embarrassed

And BTC is one of the very best as far as coins that have survived a year or more... the rest are really scary.

This doesn't belong in here along with the nonsense and the lies of Zimbeck the Turd, but it is way more sensible and interesting that all of that crap.

A recent poll in the UK showed that more and more people is aware of the existence of BTC -first step towards actual participation- but ALL of those had heard of it mostly for the scams associated with it, which means that the adoption of BTC is progressing extraordinarily well in spite of that association, which is both remarkable and very positive for the future. A REGULATED future, mind you. There's simply no other way. Either the crooks are rooted out of digital currencies of these will cease to exist altogether within a few years. We all know the technology will indeed not just survive but thrive in fact, but no digital currency needs to be associated with it. And it won't unless the field is cleaned up in a hurry.

You're forgetting the fact that majority of those people look at bitcoin as commodiy. New buyers or not..they're not using bitcoins to buy stuff..they're using it as an investment and they convert it to fiat as soon as price has risen above their purchase price.

It doesn't fcking matter how many ATMs are created. If people can't see the technology and how it's beneficial to the world then there is no future to it. Period.

Smart thing would be to let everything survive and focus on the coin that you believe rather than trying to pull other crypto down because you believe in BTC. If yen, $, Euro, Denar and Pound can exist in the same world then there is no reason why Bitcoin, Bay, BC & DRK can't exist at the same time.





You are VERY wrong. There's no reason for altcoins to exist, none. The only "reason", the only idea behind them, ALL of them, is to bypass the rules of law. Everything else is just crap. That's on the philosophical side. In the practical side, the vast majority -I'd say 99%, are created with just one purpose: To rob investors. The technology is fully and permanently praised not just by the convinced but by everyone, from big corporations (IBM fully working on blockchain tech) to everyone even connected with banks across the planet. So no lack of recognition there.

But as long as fraud is rampant, obviously altcoins run out of cash available pretty quick, therefore the incentive disappears. If you want to identify a scam coin nowadays, you have only to watch one thing: How many BTC is invested in it. If it is over 200 BTC you can be 100% sure that the devs are "buying" their own coin, which means getting it for free. There are no exceptions to this rule, none. The last big draw offering, who sucked every coin left for VC were Ethereum and Supernet. After that, it doesn't make a difference what you put out there: Anything over a total of 200 (and that if it is wildly successful) is a scam. Period.

And that is why the alts are going to quickly disappear with very few exceptions. plus, there's nothing behind them. Those that look for (real) anon and "decentralized" shit or "smart" contracts, all gimmicks of no real value because they are hindered by something called LAW. And the LAW is created and paid to pursue and punish those who try to avoid taxes. Or contract killers. Or buy drugs or weapons. They (the LAW... or the law enforcers) want to control that shit because, obviously, it cannot let it in the hands of the crooks, even if many within the law are crooked also. So the idea of anything "decentralized" is an exercise in absurdity in the practical world -now or in the future- and, currently, just another scam tool -or gimmick, if "innocent"-. Same with anon. Same with "smart" contracts... when was the last time you heard of anyone being satisfied with purchasing anything or any service that doesn't have the other side fuming because it was "taken"? Never has worked in thousands of years. Never will. And that is besides the practical fact that leaving your money in the "hands" of a programmed algo is something that could beging to have "penetration" maybe hundreds of years into the future... to be quote optimistic.

I don't know if the majority of the people associate bitcoin with commodity.n If they do, that's far from bad. Personally, I see it as the best imaginable storage of value available, by leaps and bounds. As for people selling it when its price rebounds, it's called market place. And it is positive because it asserts the real value of the commodity all along. Do you think that the recent adoption -with many more coming- of BTC by giants like Microsoft and Time Warner happens at this point in time just by chance? If you do, you may be right but I am convinced that they are convinced the price of BTC has pretty much reached its lowest possible and that it will rebound and very significantly in the future, no matter -or perhaps because of them- how many people trade it and cash out the profits. I believe they are actually placing significant bets on it, all the more significant because they are -for them- minimal still, on one side, and on the other because, precisely because they are such big entities, they can afford to hold the BTC for a while, profitably, instead of being forced to convert to FIAT -for a price- instantly.

I could be wrong, of course. But I am betting on it.

Alright, I'll try assert my point with an example:

I as an investor finds out about bitcoin. I google it and find this forum..I look up some info and then all of a sudden I see "altcoins" section. I find lets say "DRK" and I like the technology and transaction time is faster than BTC. So, I buy some DRK and BTC. Next thing, I see some punks who thinks world revolves around BTC comes in DRK thread and start Fudding their nonsense therefore price of DRK suffers and it goes down the shithole forcing me to sell my shares.

How digusted would I feel towards the "digital currency" community as a whole?

I don't see the difference between BTC or DRK besides the name and transaction time. For you, BTC is big boy because you bought it when it first came out but for new investors it's nothing more than digital currency just like altcoins are.  I think that's what most people keep forgetting. People who become interested in digital currency would lose interest the moment they see that it's jungle and nobody is interested in technology aspect of it.

IBM is also interested in IOT and I'm sure there will be new altcoin that's developed by them. What then? Would you get all pissy at them because they developed their own altcoin and all big companies are investing in it instead of BTC?

Another example: Reddit. They're going to come with their own altcoin..Are you going to get pissy at them? How are you planning to bring them down in case they become more popular than BTC?


You're assuming that they'll invest in BTC instead of creating their own altcoin and that's too far from the truth.
legendary
Activity: 3066
Merit: 1188

I could be wrong, of course.

You are.

On just about everything you post.
legendary
Activity: 1162
Merit: 1000

Bitcoin is a monetary base......I'm in Bitcoin because of one thing and one thing only - an atrophying financial system that's on life support until something better comes along.

While I agree with you philosophically, it's pretty hard to look at the 2014 BTC chart and not say the exact same thing about it at this point.  

Don't get me wrong - the "print more/borrow more" attitudes of the major economies are definitely a losing proposition... but unless you mined/bought BTC more than a year ago (or traded alts with reasonable success) - you'd have been better off just staying in cash.  3-4% inflation (or more accurately value-depreciation) seems like a screaming deal when compared to a 60% loss of value in a single year.  Embarrassed

And BTC is one of the very best as far as coins that have survived a year or more... the rest are really scary.

This doesn't belong in here along with the nonsense and the lies of Zimbeck the Turd, but it is way more sensible and interesting that all of that crap.

A recent poll in the UK showed that more and more people is aware of the existence of BTC -first step towards actual participation- but ALL of those had heard of it mostly for the scams associated with it, which means that the adoption of BTC is progressing extraordinarily well in spite of that association, which is both remarkable and very positive for the future. A REGULATED future, mind you. There's simply no other way. Either the crooks are rooted out of digital currencies of these will cease to exist altogether within a few years. We all know the technology will indeed not just survive but thrive in fact, but no digital currency needs to be associated with it. And it won't unless the field is cleaned up in a hurry.

You're forgetting the fact that majority of those people look at bitcoin as commodiy. New buyers or not..they're not using bitcoins to buy stuff..they're using it as an investment and they convert it to fiat as soon as price has risen above their purchase price.

It doesn't fcking matter how many ATMs are created. If people can't see the technology and how it's beneficial to the world then there is no future to it. Period.

Smart thing would be to let everything survive and focus on the coin that you believe rather than trying to pull other crypto down because you believe in BTC. If yen, $, Euro, Denar and Pound can exist in the same world then there is no reason why Bitcoin, Bay, BC & DRK can't exist at the same time.





You are VERY wrong. There's no reason for altcoins to exist, none. The only "reason", the only idea behind them, ALL of them, is to bypass the rules of law. Everything else is just crap. That's on the philosophical side. In the practical side, the vast majority -I'd say 99%, are created with just one purpose: To rob investors. The technology is fully and permanently praised not just by the convinced but by everyone, from big corporations (IBM fully working on blockchain tech) to everyone even connected with banks across the planet. So no lack of recognition there.

But as long as fraud is rampant, obviously altcoins run out of cash available pretty quick, therefore the incentive disappears. If you want to identify a scam coin nowadays, you have only to watch one thing: How many BTC is invested in it. If it is over 200 BTC you can be 100% sure that the devs are "buying" their own coin, which means getting it for free. There are no exceptions to this rule, none. The last big draw offering, who sucked every coin left for VC were Ethereum and Supernet. After that, it doesn't make a difference what you put out there: Anything over a total of 200 (and that if it is wildly successful) is a scam. Period.

And that is why the alts are going to quickly disappear with very few exceptions. plus, there's nothing behind them. Those that look for (real) anon and "decentralized" shit or "smart" contracts, all gimmicks of no real value because they are hindered by something called LAW. And the LAW is created and paid to pursue and punish those who try to avoid taxes. Or contract killers. Or buy drugs or weapons. They (the LAW... or the law enforcers) want to control that shit because, obviously, it cannot let it in the hands of the crooks, even if many within the law are crooked also. So the idea of anything "decentralized" is an exercise in absurdity in the practical world -now or in the future- and, currently, just another scam tool -or gimmick, if "innocent"-. Same with anon. Same with "smart" contracts... when was the last time you heard of anyone being satisfied with purchasing anything or any service that doesn't have the other side fuming because it was "taken"? Never has worked in thousands of years. Never will. And that is besides the practical fact that leaving your money in the "hands" of a programmed algo is something that could beging to have "penetration" maybe hundreds of years into the future... to be quote optimistic.

I don't know if the majority of the people associate bitcoin with commodity.n If they do, that's far from bad. Personally, I see it as the best imaginable storage of value available, by leaps and bounds. As for people selling it when its price rebounds, it's called market place. And it is positive because it asserts the real value of the commodity all along. Do you think that the recent adoption -with many more coming- of BTC by giants like Microsoft and Time Warner happens at this point in time just by chance? If you do, you may be right but I am convinced that they are convinced the price of BTC has pretty much reached its lowest possible and that it will rebound and very significantly in the future, no matter -or perhaps because of them- how many people trade it and cash out the profits. I believe they are actually placing significant bets on it, all the more significant because they are -for them- minimal still, on one side, and on the other because, precisely because they are such big entities, they can afford to hold the BTC for a while, profitably, instead of being forced to convert to FIAT -for a price- instantly.

I could be wrong, of course. But I am betting on it.
legendary
Activity: 1162
Merit: 1000
lol that is not barrabas... n00b account made just to post crap almost proves my point again and you guys still post pictures of other people to defend your lame accounts. I guess it makes sense, when socially conditioning people, you want to protect your 4 star accounts.

This is coming from barrabas(Bob et al) who refused to talk to me face to face over tox or skype to prove his existence and who repeating things from private convos with Bob and barrabas who repeated FUD and claimed i took source from bitxbay which is by far the dumbest of all the fud accusations ever(considering BitHalo was released May 29th in private beta).

They should limit the amount of accounts per IP

http://www.reddit.com/r/blackcoin/comments/25oda8/ie_and_barrabas_one_and_the_same/

Sound familiar?


Also LoyalToYou247 is a BRAND NEW account jumps on to post that. hahahahha. Just a big giant circle jerk you all have going on there.

By the way, the only "scams" barrabas is denouncing is ones he is personally involved with(or other people or coins he is trying to attack) because he works on the same team... duh.

That "discovery" doesn't serve you agenda ah, Turd?

It's ok, call me Batman if you think it will serve the purpose of diluting the fact that you are a confirmed and denounced scammer, long before it blew up... not by you, but by me. Or keep on calling me Bobsurplus' shill, since it appears that Bob himself, that you also tried, won't fly. Let me repeat it to you one more time: Bob is one of the most despicable individuals on the face of the earth. He deserves to be thrown in jail and get the key lost but you, little liar, scammer, you are way worse than Bob will ever be. A hundred times worse for your enthusiastic participation in the scam while being fully aware of it... by continuing participating in the attempt at scam as you continue to participate right now. You are done, Turd. A despicable, pathetic side-show. A bad memory. A Turd.  Not even worth one more second of mental time.

And yes, in your desperate attempt to deviate the obvious, you brought up something that is in general true, regarding BC. A giant scam, as depicted in THE WALL OF SHAME and in other threads. But that's just another despicable, sad, episode of the history of crypto. The crooks got away with murder, so to speak. Like Bob. So far at least. That doesn't change the fact that you are a liar and a scammer, one foot note in the most recent episode. With no future, to boot.
hero member
Activity: 1540
Merit: 500

Bitcoin is a monetary base......I'm in Bitcoin because of one thing and one thing only - an atrophying financial system that's on life support until something better comes along.

While I agree with you philosophically, it's pretty hard to look at the 2014 BTC chart and not say the exact same thing about it at this point.  

Don't get me wrong - the "print more/borrow more" attitudes of the major economies are definitely a losing proposition... but unless you mined/bought BTC more than a year ago (or traded alts with reasonable success) - you'd have been better off just staying in cash.  3-4% inflation (or more accurately value-depreciation) seems like a screaming deal when compared to a 60% loss of value in a single year.  Embarrassed

And BTC is one of the very best as far as coins that have survived a year or more... the rest are really scary.

This doesn't belong in here along with the nonsense and the lies of Zimbeck the Turd, but it is way more sensible and interesting that all of that crap.

A recent poll in the UK showed that more and more people is aware of the existence of BTC -first step towards actual participation- but ALL of those had heard of it mostly for the scams associated with it, which means that the adoption of BTC is progressing extraordinarily well in spite of that association, which is both remarkable and very positive for the future. A REGULATED future, mind you. There's simply no other way. Either the crooks are rooted out of digital currencies of these will cease to exist altogether within a few years. We all know the technology will indeed not just survive but thrive in fact, but no digital currency needs to be associated with it. And it won't unless the field is cleaned up in a hurry.

You're forgetting the fact that majority of those people look at bitcoin as commodity. New buyers or not..they're not using bitcoin to buy stuff..they're using it as an investment and they convert it to fiat as soon as price has risen above their purchase price.

It doesn't fcking matter how many ATMs are created or how many people are aware of it. If people can't see the technology and how it's beneficial to the world then there is no future to it. Period.

Smart thing would be to let everything survive and focus on the coin that you believe in rather than trying to pull other crypto down. If Yen, Dollar, Euro, Denar and Pound can exist in the same world then there is no reason why Bitcoin, Bay, BC & DRK can't exist at the same time.



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