For those, who wait BTC to "skyrocket" again. - page 3.

steampunkz

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Quote from: dohh on September 25, 2018, 02:26:52 AM

https://www.thesun.co.uk/tech/6531388/bitcoin-price-manipulation-crypto-scam-tether-bitfinex/

Better dont. Its just a scam, no more. It has not got any better, than mt gox. If anything, it goes only worse. BTC is possibly the biggest monetary crime of all time.

Another fake news and miss interpret by article writers and plus some FUD people who want bitcoin to dump more, This is not happening LOL! If bitcoin falls, so as the entire crypto market. Bitcoin will still rise just have faith to it.

[email protected]

newbie

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I have always liked these interesting uncertain groups people, who like and hate with approximately the same strength

TentallyMooN

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It seems to me that you are not well versed in the crypto currency. Do you think that Bitcoin might turn out to be a fraud? I can say with full confidence that you are wrong

BitcoinGuruOne

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Quote from: dohh on September 25, 2018, 02:26:52 AM

https://www.thesun.co.uk/tech/6531388/bitcoin-price-manipulation-crypto-scam-tether-bitfinex/

Better dont. Its just a scam, no more. It has not got any better, than mt gox. If anything, it goes only worse. BTC is possibly the biggest monetary crime of all time.

You can not say that BTC itself is somekind of crime.
Crime is to manipulate the price and take other peoples money , but on other hand since it is not regualted yet, one can argue that it is not a crime techniacally.

Mt,goX will be over at some point of time and BTc will go up again but it wont hapen in few months, i would say 6 months.

jagdeepjd

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Quote from: dohh on September 25, 2018, 02:26:52 AM

https://www.thesun.co.uk/tech/6531388/bitcoin-price-manipulation-crypto-scam-tether-bitfinex/

Better dont. Its just a scam, no more. It has not got any better, than mt gox. If anything, it goes only worse. BTC is possibly the biggest monetary crime of all time.

first of all The website showing porn ads in their website, I won't be taking their content seriously and for the manipulation part yes we know the price is manipulated as the crypto market is very tiny at the moment and anyone with big money can manipulate its nothing new in that.

But that does not hinder the credibility and value of bitcoin it will have its rally again not parabolic maybe but it will grow steadily for sure.

Jannn

hero member

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Wow, thanks for sharing the latest news, only half a year old. There is no evidence that Bitcoin is manipulated any more than other markets, after all, where there is an opportunity for manipulation, people will surely exploit it. Also, the website is known for extreme clickbaiting, inflating the truth and outright fabricating stories. Believe it when it's proven, not when it is rumored.

Dudeperfect

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Well, I am not expecting the skyrocket but I believe that we will see sustainable growth in the coming years considering the potential of this technology. No one is going to support overnight artificial boost by the big whales and institutional investors but sustainable growth can definitely help this industry in the long run. Legal recognization would accelerate the process but it is not the required things for it.

mk4

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Quote from: dohh on September 25, 2018, 05:18:12 AM

Quote from: talkbitcoin on September 25, 2018, 05:10:25 AM

Quote from: dohh on September 25, 2018, 04:52:01 AM

Quote from: talkbitcoin on September 25, 2018, 04:37:27 AM

the Tether nonsense FUD is starting to get too old. you should try coming up with some sort of new FUD to spread in hopes of a lower price so you can make short term profit from bitcoin.

https://www.ccn.com/tether-no-real-impact-on-bitcoin-price-university-researcher/

I recommend very strongly at least some basic source criticism! I picked very carefully to post article from more or less neutral source, You answer with a counter-argument of crypto-enthusiast source! CMON!

if you bothered enough to read the article instead of putting your head in the sand and scream your FUD some more, then you would have seen that the article is referencing an academic study done by economics department of a university in Australia and published in an economics journal.

If You gave me Nasdaq article, we would not had this issue. I dont read any pro-crypto articles, that come from crypto-enthusiast sources, that is pointless.

Well, then that only means that you're obviously just purposely blinding yourself from the actual positive characteristics of bitcoin or cryptocurrencies in general. I'd take any bitcoin skepticism any day, but that's just being a total hater. You're not going to gain anything from thinking that way, just to let you know.

burky156

full member

Activity: 658

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In last one week i have read maybe 25 news about this topic and now i don't really know what to believe. The bitcoin is a bubble and it will explode, or the bitcoin will be million dollar worth.. I don't understand why the people make too many speculation about it.. I think the best answer for my problem is not read any news anymore

GazorpPozorpec

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I think you just don't understand what blockchain is and how it works. Bitcoin simply cannot technically fool the user.

voron83-05

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Of course we are waiting !! It can not be in any other way. If you look at the statistics of past years, the more interest rises, the more will be its price. Especially now there are many bigger farms that are not just Bitcoin mines and other crypto-currencies. Wink

ambisyon

jr. member

Activity: 322

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I disagree with OP since I don't think btc is not a scam and a monetary crime as mentioned by the author. However, I respect your opinion since everyone is entitled on their own. Most of the investors are into holding btc since this will not only stay in this current level instead btc will make a rally in the coming moths where it will improve it's price value as expected. There are more btc supporters than haters and it is expanding day by day where I think it has a very brighter future ahead.

dohh

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Activity: 332

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Quote from: talkbitcoin on September 25, 2018, 05:10:25 AM

Quote from: dohh on September 25, 2018, 04:52:01 AM

Quote from: talkbitcoin on September 25, 2018, 04:37:27 AM

the Tether nonsense FUD is starting to get too old. you should try coming up with some sort of new FUD to spread in hopes of a lower price so you can make short term profit from bitcoin.

https://www.ccn.com/tether-no-real-impact-on-bitcoin-price-university-researcher/

I recommend very strongly at least some basic source criticism! I picked very carefully to post article from more or less neutral source, You answer with a counter-argument of crypto-enthusiast source! CMON!

if you bothered enough to read the article instead of putting your head in the sand and scream your FUD some more, then you would have seen that the article is referencing an academic study done by economics department of a university in Australia and published in an economics journal.

If You gave me Nasdaq article, we would not had this issue. I dont read any pro-crypto articles, that come from crypto-enthusiast sources, that is pointless.

Anyway, thanks, I will study background of this lecturer and his study more closely and leave answer to this open at the moment.

PsylockReborn

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Activity: 420

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I encourage everyone to just post valuable and positive information about bitcoin. You are not helping the community in making profit and building a good name for bitcoin. If you don't have any positive news to post just don't bother posting it. We are all here for the development of this technology and some of us are trying to destroy this awesome innovation with these kinds of negative posts. If bitcoin will skyrocket only those people who believes in the technology will surely profit.

dohh

jr. member

Activity: 332

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Quote from: DooMAD on September 25, 2018, 05:03:37 AM

Quote from: dohh on September 25, 2018, 04:58:42 AM

I dont know why BTC was created, but I know, how BTC mining was created. As a pyramid.

Put simply, mining was a crucial ingredient in solving the double spend problem without putting a centralised entity in control of the network. It also helps ensure there's always more financial incentive to follow the rules than to attack the network. It's likely we wouldn't be here having this conversation without that particular element of satoshi's creation.

Exactly. If mining is crucial ingredient, then BTC is either badly planned product or created as cheat. Because mining in this way is NOT VIABLE PROCESS. Mining ROI approaching to zero at high speed and mining complexity approaching to infinity quickly. Blockchain size doubled every 1,5 years, even with number of transactions standing at place!! If BTC will not get additional traffic, blockchain size would still be 180 TB in 15 years!!

talkbitcoin

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All I know is that I know nothing.

Quote from: dohh on September 25, 2018, 04:52:01 AM

Quote from: talkbitcoin on September 25, 2018, 04:37:27 AM

the Tether nonsense FUD is starting to get too old. you should try coming up with some sort of new FUD to spread in hopes of a lower price so you can make short term profit from bitcoin.

https://www.ccn.com/tether-no-real-impact-on-bitcoin-price-university-researcher/

I recommend very strongly at least some basic source criticism! I picked very carefully to post article from more or less neutral source, You answer with a counter-argument of crypto-enthusiast source! CMON!

if you bothered enough to read the article instead of putting your head in the sand and scream your FUD some more, then you would have seen that the article is referencing an academic study done by economics department of a university in Australia and published in an economics journal.

DooMAD

legendary

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Leave no FUD unchallenged

Quote from: dohh on September 25, 2018, 04:58:42 AM

I dont know why BTC was created, but I know, how BTC mining was created. As a pyramid.

Put simply, mining was a crucial ingredient in solving the double spend problem without putting a centralised entity in control of the network. It also helps ensure there's always more financial incentive to follow the rules than to attack the network. It's likely we wouldn't be here having this conversation without that particular element of satoshi's creation.

Also, rather than posting multiple replies in a row, it's generally considered good form to make one post with multiple quotes in it to respond to each point.

dohh

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Quote from: dablatair on September 25, 2018, 05:00:32 AM

Hello,

Really an non-sense correlation between Thether and BTC. Thether could potentially be in trouble due to lack of audits and bad use of it just to make profits.

BTC is a real technology that have much more power and interest than only his value. Yes the price has lots of volatility but this is the consequence of people and whales investing in it just to make profit without taking in consideration the use of the blockchain itself for so many uses.

It is not only a paper action or in a computer, it is a technology.

If volatility is a scam then what is classic stock exchange ??

Fair volatility is not scam, but market reaction to news, supply, demand, macro-economy etc. Systematically planned volatility always scams someone, either buy cheating their assets out at too low price or selling them something overpriced.

dablatair

member

Activity: 324

Merit: 15

Hello,

Really an non-sense correlation between Thether and BTC. Thether could potentially be in trouble due to lack of audits and bad use of it just to make profits.

BTC is a real technology that have much more power and interest than only his value. Yes the price has lots of volatility but this is the consequence of people and whales investing in it just to make profit without taking in consideration the use of the blockchain itself for so many uses.

It is not only a paper action or in a computer, it is a technology.

If volatility is a scam then what is classic stock exchange ??

dohh

jr. member

Activity: 332

Merit: 1

Quote from: DooMAD on September 25, 2018, 04:49:05 AM

A few things:

Firstly, that particular gutter rag you're linking to is not a source of journalistic integrity. You might as well just ask Rupert Murdoch what he thinks directly.

Secondly, any problems with Tether and Bitfinex are precisely that. Problems with those things and not problems with Bitcoin. Tether and Bitfinex could both disappear tomorrow and Bitcoin would continue to churn out blocks and function as normal.

Thirdly, people manipulating the price is nothing new. To be blunt, who honestly cares about people who are waiting for the fiat price to skyrocket? They're not overly important in the grand scheme of things. None of that hollow gambling detracts from Bitcoin's resilience, security, freedom and utility. Contrary to popular belief, Bitcoin was not designed as a tool for speculation. If you think it was, you're missing out.

And finally, the derivatives market is currently the biggest monetary crime of all time and you're frankly gormless if you can't recognise that.

1) I agree, I have to work further with this lead.

2) You have a lot of merit, You know very well, how things are linked and how much BTC can be manipulated via change platvorms.

3) Price manipulation combined with this easiness-anonymousness-amount is quite extraordinary. I dont know why BTC was created, but I know, how BTC mining was created. As a pyramid.

Topic: For those, who wait BTC to "skyrocket" again. - page 3. (Read 706 times)