Pages:
Author

Topic: Guy admits it is his job to destroy Bitcoin. (Read 9184 times)

vip
Activity: 1428
Merit: 1145
January 13, 2015, 03:17:34 PM
#78
When this guy's done destroying Bitcoin, he'll be able to demand high consultant fees to destroy various altcoins.

Will this be his next target?: Greek Town Develops Bartering System Without Euro

Or?: What's Minted in Berkshire County Stays There: Finding Reward in Local Currency
legendary
Activity: 840
Merit: 1000
He's not doing a very good job if he's letting us know in advance...
lol...yeah.!! but probably he's getting better at it.!!
vip
Activity: 1428
Merit: 1145
On a recent survey about Bitcoin I found a person who admitted that it's his job to destroy Bitcoin within a team of people, probably to protect the current financial system:

"It's my job to assist in the destruction of the Bitcoin network. Currently we are researching various methods that will be used to attack the network in the near future. Previous attacks have resulted in price drops, but we will not be content until Bitcoin has been driven completely underground to a very small amount of fanatics with no chance of taking off into the main stream financial world."

"I want the network destroyed. It's not personal, this is just a requirement of the project for which I have been assigned to."

What would you like to see in the future of bitcoin in general?
Answer: "More bank account closures on the exchanges"

see more of his answers:
http://www.kwiksurveys.com/results-overview.php?mode=5&survey_ID=OHKDGN_329545e7&session_ID=CKJIGJM_e611c8d

Recently nearly all bank accounts of exchanges in Europe (SEPA-zone) were closed within one week. So this fits with what he says.
Also he admits that one goal is to drive the price down, which is also happening now.





'nough said!
hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
Well, Bitcoin's a fragile environment.
Wrong, bitcoin is extremely anti-fragile. Think of it like an organism or a virus. Mutating open-source decentralized network software. It's a hydra.

The more people trying to break bitcoin the better. Anyone who thinks that challenging and hacking protocols is a bad idea, go Wiki "Linux".
This.
hero member
Activity: 1666
Merit: 513
Leading Crypto Sports Betting & Casino Platform
Well, Bitcoin's a fragile environment.

They might be able to take down bitcoin but Cryptos are here to stay.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
It took me some time to realize, that this is an old thread.
This part is interesting. Seems to be true for this time again.

The selling pattern is not that of someone who wants to make money, but of someone who purposefully wants the price of Bitcoin to go down.

Someone who had a lot of Bitcoin that they would want to maximize their profits from would sell at times when people have money in their Dwolla/MtGox accounts that could put money into BTC to buy up their coins.

Instead they do huge sells on Sunday night/Monday morning when people have gone all weekend without having their accounts re-upped with cash.

Someone wanting maximum return would also sell in small quantities in order to avoid panic selling before they can get the maximum amount from their sales.

The person who currently has a $50,000 wall at $2.10 is the person driving the price down.

I just wish I had bought his $50,000 wall.
hero member
Activity: 714
Merit: 500
It took me some time to realize, that this is an old thread.
This part is interesting. Seems to be true for this time again.

The selling pattern is not that of someone who wants to make money, but of someone who purposefully wants the price of Bitcoin to go down.

Someone who had a lot of Bitcoin that they would want to maximize their profits from would sell at times when people have money in their Dwolla/MtGox accounts that could put money into BTC to buy up their coins.

Instead they do huge sells on Sunday night/Monday morning when people have gone all weekend without having their accounts re-upped with cash.

Someone wanting maximum return would also sell in small quantities in order to avoid panic selling before they can get the maximum amount from their sales.

The person who currently has a $50,000 wall at $2.10 is the person driving the price down.
sr. member
Activity: 406
Merit: 250
And this thread was revived after more than 3 years lying dormant and coincidentally today is one of the biggest price drop in bitcoin history. And seriously, they need that long to destroy bitcoin? I always have the feeling corporations, banks, huge financial institutions have the means to destroy the coin so if we survive this round of onslaught, we should rise up stronger than before.  

I don't think he or any other negative blogger or forum poster is needed to drop the price of bitcoin.  The scamming exchanges and imprisoned Torah lords are doing more than enough to handle that task. 
Q7
sr. member
Activity: 448
Merit: 250
And this thread was revived after more than 3 years lying dormant and coincidentally today is one of the biggest price drop in bitcoin history. And seriously, they need that long to destroy bitcoin? I always have the feeling corporations, banks, huge financial institutions have the means to destroy the coin so if we survive this round of onslaught, we should rise up stronger than before.  
hero member
Activity: 658
Merit: 500
Bitcoin is tipping the financial systems over, it has many enemies, some very powerful too. PayPal, Western Union, credit card companies, banks, the list goes on. Any one of these companies are willing to pay for a anti-bitcoin campaign.

What this means is, bitcoin is fundamentally so sound that corporations feels threatened.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
At this point, it is the job of every alt coin holder to destroy Bitcoin.
legendary
Activity: 1246
Merit: 1016
Strength in numbers
November 19, 2011, 05:58:48 PM
#67
I admit that I'm handsome, charming, wealthy, and smart. There ya go, forced it outta me. Admitting is so much better than claiming, eh?

vip
Activity: 490
Merit: 271
November 19, 2011, 05:22:23 PM
#66
On a recent survey about Bitcoin I found a person who admitted that it's his job to destroy Bitcoin within a team of people, probably to protect the current financial system:

"It's my job to assist in the destruction of the Bitcoin network. Currently we are researching various methods that will be used to attack the network in the near future. Previous attacks have resulted in price drops, but we will not be content until Bitcoin has been driven completely underground to a very small amount of fanatics with no chance of taking off into the main stream financial world."

"I want the network destroyed. It's not personal, this is just a requirement of the project for which I have been assigned to."

What would you like to see in the future of bitcoin in general?
Answer: "More bank account closures on the exchanges"

see more of his answers:
http://www.kwiksurveys.com/results-overview.php?mode=5&survey_ID=OHKDGN_329545e7&session_ID=CKJIGJM_e611c8d

Recently nearly all bank accounts of exchanges in Europe (SEPA-zone) were closed within one week. So this fits with what he says.
Also he admits that one goal is to drive the price down, which is also happening now.




Sounds like "JOB SECURITY", pardon the pun. hehehe...


BitCoin welcomes attacks.... Unlike other institutions... What doesn't hurt it makes it stronger...
hero member
Activity: 527
Merit: 500
November 19, 2011, 05:17:19 PM
#65
Double facepalm. You fell right into it.

What? Was that (original quote I responded to) an obvous troll?

I think his point was not to ridicule the legitimacy of the attack, but the idea of the attack itself, real or not: Bitcoin is as impervious to such threats as Linux. The Microsoft case that you mentions is exactly what the PP was alluding to.
legendary
Activity: 1008
Merit: 1001
Let the chips fall where they may.
November 19, 2011, 03:49:01 PM
#64
Double facepalm. You fell right into it.

What? Was that (original quote I responded to) an obvous troll?
legendary
Activity: 1623
Merit: 1608
November 19, 2011, 08:32:00 AM
#63
There may be lots of deluded people with the intention, but lacking the means to destroy Bitcoin.

Some others may have a real interest, the knowledge and the financial means to try it. If that is the case, I trust our governments to prosecute those guilty of such heinous actions.

I enclose a link to the US Pentagon stand on cyber-attacks:

US Pentagon to treat cyber-attacks as 'acts of war':
http://www.bbc.co.uk/news/world-us-canada-13614125
member
Activity: 112
Merit: 10
November 19, 2011, 07:14:19 AM
#62
just to illustrate how ridiculous these claims are, I created this little parody:

"It's my job to assist in the destruction of the Linux operating system. Currently we are researching various methods that will be used to attack free software in the near future. Previous attacks have resulted in usage drops, but we will not be content until Linux has been driven completely underground to a very small amount of fanatics with no chance of taking off into the main stream software world."

"I want Linux to be destroyed. It's not personal, this is just a requirement of the company I work for."



The problem with your parody is that there is evidence supporting it. Microsoft extended support for Windows XP after netbooks threatened to prove that GNU/Linux is more versatile, yet still usable by the average person. As a result of Microsoft pressure, netbooks moved from Solid-State disks to spinning disks in  order to have enough space to install Windows XP. This results in a slower, more power hungry computer that is simply less functional, other than in storage capablility.

Microsoft also charges manufacturers approximately the same license fees for both Windows Mobile and Android handsets. At the same time, Microsoft limits what features the Android phones are allowed to have. You can thank software patents for this situation.

TL;DR: Your parody does nothing to prove one way or another whether this annonymous person is telling the truth.


Double facepalm. You fell right into it.
legendary
Activity: 1764
Merit: 1007
November 19, 2011, 07:07:07 AM
#61

Now it sounds like me  Grin Grin Grin


as above, so belowShocked
legendary
Activity: 910
Merit: 1001
Revolutionizing Brokerage of Personal Data
November 18, 2011, 06:16:07 PM
#60
The problem with your parody is that there is evidence supporting it.
So you've never seen any evidence that banks and credit card companies might try to squelsh their competition?

You really think they are so much different from pretty much any other large company out there?

I'm not saying that anybody is perceiving Bitcoin as an actual threat right now and this guy's survey was a joke for sure, but you don't have to be paranoid to bet on Bitcoin being actively worked against _if_ it was seen as a real threat by a large company.
legendary
Activity: 1008
Merit: 1001
Let the chips fall where they may.
November 18, 2011, 05:15:08 PM
#59
just to illustrate how ridiculous these claims are, I created this little parody:

"It's my job to assist in the destruction of the Linux operating system. Currently we are researching various methods that will be used to attack free software in the near future. Previous attacks have resulted in usage drops, but we will not be content until Linux has been driven completely underground to a very small amount of fanatics with no chance of taking off into the main stream software world."

"I want Linux to be destroyed. It's not personal, this is just a requirement of the company I work for."



The problem with your parody is that there is evidence supporting it. Microsoft extended support for Windows XP after netbooks threatened to prove that GNU/Linux is more versatile, yet still usable by the average person. As a result of Microsoft pressure, netbooks moved from Solid-State disks to spinning disks in  order to have enough space to install Windows XP. This results in a slower, more power hungry computer that is simply less functional, other than in storage capablility.

Microsoft also charges manufacturers approximately the same license fees for both Windows Mobile and Android handsets. At the same time, Microsoft limits what features the Android phones are allowed to have. You can thank software patents for this situation.

TL;DR: Your parody does nothing to prove one way or another whether this annonymous person is telling the truth.
Pages:
Jump to: