Topic: Has anyone informations about opinion-manipulation campaigns against bitcoin? (Read 1671 times)

It would be interesting to know in what phase we are now. You remember Ghandi saying: "First they laugh at you,then they ignore you, then the FIGHT you..then you win?

And the second thing is: Is it professionally organized(by a specialized company) or are they some ultra-fanatic bears with to much time.I'd say that both is possible even though there speaks a lot for professionals. I spent a lot of time with promoting Bitcoin myself. I talk to friends, tell them what advantages it has and why we should use it rather than fiat. My motivation is to do the "right thing" and because i may profit from an rise in value But what motivation could the trolls have? Profit from falling prices, want to buy low, competing crypto-currencys? Competing crypto's would be possible too. Also some popular members of the bitcoin community did altcoin-bashing in the past. But most reasonable, in points of resources and motivation, are the big-money-corps and gov's.

Also the last Bter-hack is suspicious to be an attack on Bitcoins credibility! The price was rising..bter got hacked..what a surprise!

Yeah, I don't bother responding to them either, but I find the timing of their posts and account creation interesting, the writing styles are very similar too and they all use the same talking points.

I think most of those people are just sad trolls with nothing better to do, though I wouldn't be surprised if there was some paid trolls or people just trying to spread fud to manipulate the price though I don't think they're very effective but maybe they think they are. I just ignore them either way.

Absolutely, I have actually noticed an easily identifiable pattern on Bitcoin articles for you guys to take a look at if you can be bothered, there are often brand new accounts being made whenever something is posted and these people find articles within hours or them being posted compared to the rest of us. Don't get me wrong, I'm not a Bitcoin fanboi or anything and I'm aware there are people like Warren Buffet and Paul Krugman trying to attack us but it seems there's a definite effort to try and make the critics of Bitcoin a bigger movement than it actually is.

You don't even need to look very far, here on Bitcoin talk it's always the same pattern of posting, something negative is posted it's all "Hahahah, Bitcoin is going to die, it's a failure, it's going to go back to $10" and then when Bitcoin goes up "This can't go on, it's a ponzi scheme, it's a scam, it was made by the CIA to control other people" and when I say the same patterns, I mean the exact same posting. It's a bit like how you see a person complaining about harassment then when you actually look at it more carefully it's really just about four or five people at most trying to spam in an effort to mask how many of them there really are.

I'd be interested in seeing if any security experts would like to poke around with this because if they all came from similar I.P addresses that would be very interesting to know, normally I wouldn't bother trying because everyone has a right to their opinion but this seems like a more concentrated attack to harass people away from Bitcoin related discussions.

BCT has always been a stick of dynamite for lazy law enforcement. Do you know how to fish with a stick of dynamite? Take your boat to the middle of the lake and throw a stick of dynamite in the water. After the explosion scoop the floating fish off the surface. The internet is the lake and this forum is the dynamite.

Sometimes it is very strange! You say to yourself: What are these people doing here? They join a forum about a specific issue, such as Bitcoin, and then talk of how bad Bitcoin is and that it is dead, dangerous, criminal or whatever. I cannot understand, what motivates people to do this? Because there is no "bitcoin-hatetalk.org" ?

A market niche?

If you assume the total money circulation and their distribution, you'll see that private households still control much more money, than any government does. If 2 percent of all people decide to get out of euros by taking their whole cash of the bank an burn it for burn-coins. The Euro would be done. The can print what they want, when this hyper-inflation starts to run, there is nothing they could do!

And it's the best people can do. There is a nice example from Brasil! I read it in a newspaper. There was a time, when the real had up to 40 percent inflation/month. There were some residents that made a fake paralel-currency called "Surreal". That automatically established a market competition!

Link: http://www.theguardian.com/world/shortcuts/2014/feb/02/rio-residents-fighting-inflation-fake-currency

Create a burning-coin and i'll burn 50 Euros!

I never saw them , lucky you
But it really sounds a little bad to me

LOL no it's not , i would love to see a video of you burning them

I've watched conversations on this forum over the years that I was sure was two fed agents talking to each other (or maybe one posing as two). The things they said were too canned and definitely not the way real people talk. The answer to your question is yes. I've seen it here.

Very well said.
Central banks in each country can publish as much money as they decide, there is no limitations here.
Only question in this process is what is the real value of this money.

Even if you are done burning all the paper money, there will be even more that gets printed to replace the one getting lost. And no matter how much that gets burned or thrown away forever, there will be even more around. So How much more can you actually afford to get all the paper money to do for the film stunt.

Can you remember Eric Cantona's project in 2010? He tried to organize a bank-run. All you had to to, was enter the serial-number of one 5-Euro Note on a web page. It's wasn't very successful.

Burning Fiat will have the same effect as this project. At the moment when you buy (for example) Bitcoins with Fiat, you only trade the Fiat for Bitcoins. The Fiat will maybe be deposited somewhere and is therefor still laying around on any bank. It is not out of circulation. Cantona tried to bring the money out of circulation. This is exactly how a bank run happens! So what will happen if you burn Fiat for Crypto's?

Link:
http://www.theguardian.com/world/2010/nov/20/eric-cantona-bank-protest-campaign

Bitcoin is valuable as it is, there is no need to destroy fiat in order to increase its value, actualy, by destroying fiat, lets say usd, you would only increase
the value of it, because there would be less of it in circulation.
Same thing would happen if you were to "destroy" bitcoin by sending it to non existant address.
I believe it is illegal, since its representation of a country, a symbol, like a flag, but u would probably get soone in financial problems than legal, i think.

cheers

I said, we need a fiat-burn-coin, like Counterparty did it with btc.

To get some, you could burn 5 fiat-notes at home and make a video of it.

Is money burning illegal?

Didn't got that

Burn 5 xxx-notes at home, catch it on video, and get 1000 fiat-burn-coins!


Aahahhahahahahaaahah!!! I would die, due to an extreme laughing flash..

This might be true but it's all about manipulation and am not that easy anyway
Though hopefully someone else interested might give better opinion to you

I saw a interesting presentation organized by an economist. He stated that normal banks usually have only 2% of their total liabilities available in liquid reserves.Once there were depot-banks and credit-banks now it is a mixture of both. One that allows banks to instantly invest the money you deposited in whatever they want. You don't have your money laying around there. At the moment of your deposit, the bank OWE's you this money. The second point is fractural reserve. Only 10 percent of the sum banks lend you need to be owned by themselves. It is this a giantic house of cards, where only 2 cards out of hundred needs to be "withdrawn" anywhere! So Bitcoin does not only affect payment processors, it also is a competing currency. It is a decentralized free-market currency, that gets it value through free interactions of market members. It has in fact many advantages over Fiat including anonymity.

If enough people decide to use Bitcoin..fiat is done!

We need a fiat-burn-coin! Like counterparty, while burning fiat