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Topic: GOVERMENTS killing CRYPTO. Back to the drawing table SATOSHI NAKAMOTO. - page 3. (Read 2449 times)

legendary
Activity: 2590
Merit: 3015
Welt Am Draht

Their main weapons are scams, frauds, ponzis, exchange manipulation and theft, ASIC pre-orders and could mining, malicious forks like XT and XPY, shit-coin scams and IPOs, association with illicit activities, pump & dump. In short anything that screws the crypto community out of their money and causes maximum fear uncertainty and doubt (FUD).


I don't think all that is down to 1%ers. The Little People are just as capable of raping the innocent if there's a flash of dollar signs in front of their eyes. Hostile brats in grandma's basement are responsible for most of that list.
legendary
Activity: 2212
Merit: 1038
Sorry dude but quantum ASICs are bullshit. Also it's not the government that trying to kill Bitcoin it's the 1% who pull the strings. The government secretly loves crypto and gold but is scared of getting shot in the head by snipers while cruising in their convertible.

Their main weapons are scams, frauds, ponzis, exchange manipulation and theft, ASIC pre-orders and could mining, malicious forks like XT and XPY, shit-coin scams and IPOs, association with illicit activities, pump & dump. In short anything that screws the crypto community out of their money and causes maximum fear uncertainty and doubt (FUD).

I'll end this post with pictures of dead presidents:



hero member
Activity: 597
Merit: 504
I'm going to assume you're trolling.  Tongue

You underestimate how far they will go.

You're actually serious.

Ok.

Well...as much as I enjoy a good conspiracy theory, yours doesn't
make sense because if governments were secretly mining, they could either:

A) Sell most of the bitcoins as normal miners would do to fund their operation,
in which case the price wouldn't be affected.

or...

B) Hoard most of the bitcoins which would reduce supply causing the price to
greatly rise.

There is really no scenario in which the government could crash the price
unless they dumped a bunch of coins on the market.  They did auction
Silk Road coins but it was done publicly.



QUANTUM technology IS TODAY. There is no QUANTUM COMPUTER YET, but the technology exists and they can EASILY make application-specific integrated circuit based  this technology to do something as simple as mine BITCOINS.

They are dumping constantly ALL THEIR BITCOINS what they mine and this is why the price keeps dropping. Any fool can understand that and in doing so they will CRASH the value of BITCOIN and people loose ALL FAITH and GOVERMENTS hold their ground.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
I'm going to assume you're trolling.  Tongue

You underestimate how far they will go.

You're actually serious.

Ok.

Well...as much as I enjoy a good conspiracy theory, yours doesn't
make sense because if governments were secretly mining, they could either:

A) Sell most of the bitcoins as normal miners would do to fund their operation,
in which case the price wouldn't be affected.

or...

B) Hoard most of the bitcoins which would reduce supply causing the price to
greatly rise.

There is really no scenario in which the government could crash the price
unless they dumped a bunch of EXTRA coins on the market.  They did auction
Silk Road coins but it was done publicly.

hero member
Activity: 597
Merit: 504
Can we see your lovely facts?

Bitcoin is quite capable of killing itself with internal squabbling executed by private individuals along with the rest of the world not giving a fuck about it.

That is PROBLEM NUMBER #2

All cryptocurrencies are CENTRALIZED THROUGH DEVELOPMENT.

Back to the drawing table SATOSHI NAKAMOTO.
hero member
Activity: 597
Merit: 504
I'm going to assume you're trolling.  Tongue

You underestimate how far they will go.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
Can we see your lovely facts?

Bitcoin is quite capable of killing itself with internal squabbling executed by private individuals along with the rest of the world not giving a fuck about it.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
I'm going to assume you're trolling.  Tongue
hero member
Activity: 597
Merit: 504
Bitcoin network Hashrate just keeps on going UP UP UP, BUT price keeps on going DOWN DOWN DOWN. This is not profitable for the miners by a longshot.

Only logical explanation is THIS: Goverments have developed HIGHTECH QUANTUM ASICS for sole purphose of killing cryptocurrencies where they stand in order to KEEP THEIR POWER GRIP.

THIS IS A FACT. Back to the drawing table SATOSHI NAKAMOTO. + CENTRALIZATION through development is also FAIL FYI (bribes on the dev team etc.)

https://blockchain.info/charts/hash-rate?timespan=2year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

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