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Topic: I am a time-traveler from the future, here to beg you to stop what you are doing - page 2. (Read 493 times)

full member
Activity: 966
Merit: 153
Lol...the post title made me open the thread but seeing that its Reddit  Roll Eyes oh Lord...will they never cease to amaze me. I read the whole article. I don't believe in time travellers though but the way the guy seems to lay down his claims might force some people to believe him and whoever backed out from bitcoin because of these is just a confuse being. True, we don't know what the future hold, we'll just wait to see it.
hero member
Activity: 3080
Merit: 603
I've seen this again and I thought before he's really from the future but I like the idea on how he gives his positive speculation to bitcoin. But if this for real then we just have to hold until 2021 so basically next year $100,000 = 1 bitcoin. Dang, I was near on believing again after reading this and seen those figures.
full member
Activity: 350
Merit: 110
Oh great! another Nostradamus wannabe in the community. I didn't even bother to read the whole story, reading the first few words, I already figured how the story will go. Here is a fun fact for all of you guys for those who are always getting carried away by this kind of predictions that causes FUDs all over the community. There are tons of people in the crypto world that is doing baseless predictions and claiming what will happen to the future of cryptocurrencies without any conclusive evidence, and chances are, a few of those people will somehow get a correct prediction at some point then he/she can continue to live and pass on the tale. I hope you guys get my point.
hero member
Activity: 3150
Merit: 937
Quote
Economic growth today is about -2% per year. Why is this? If you own more than 0.01 Bitcoin, chances are you don't do anything with your money. There is no inflation, and thus no incentive to invest your money. Just like the medieval ages had no significant economic growth, as wealth was measured in gold, our society has no economic growth either, as people know their 0.01 Bitcoin will be enough to last them a lifetime. The fact that there are still new Bitcoin released is what prevents our world from collapse so far it seems, but people fear that the decline in inflation that will occur during the next block halving may further wreck our economy.

This is ridiculous.This guy doesn`t know anything about how the economy works.The lack of inflation doesn`t mean that there`s no incentive to invest your money.We will use our bitcoins to buy food and clothes,pay the bills and fuel our cars with gas.The only thing that drives an economy to grow is the demand for goods and services.This guy thinks that all goods and services will disappear in the future.
The meadieval ages had no economic growth because of other reasons,not because of the gold ,being used as the main currency.
member
Activity: 154
Merit: 10
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Quite accurate vision of the futures darkest scenario. I recognized many parts of it, that make me despise bitcoin and bitcoiners surrounding it.
      
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Why didn't we abandon Bitcoin, and move to another system? Well, we tried of course. We tried to step over to an inflationary cryptocurrency, but nobody with an IQ above 70 was willing to step up first and volunteer. After all, why would you voluntarily invest a lot of your money into a currency where you know your wealth will continually decline? The thing that made Bitcoin so dangerous to society was also what made it so successful. Bitcoin allows us to give into our greed.

Luckily, people with this level of stupidity aren't the majority, so this scenario still has low probability to come true.
I bet that the worst of people here are cheering for the scenario to come true though. Most of the people here don't give a crap what happens to the rest, just as long they get rich.
hero member
Activity: 672
Merit: 526
Quote
In my world, soon to be your world, most governments no longer exist, as Bitcoin transactions are done anonymously and thus most governments can enforce no taxation on their citizens. Most of the success of Bitcoin is due to the fact that Bitcoin turned out to be an effective method to hide your wealth from the government. Whereas people entering "rogue states" like Luxemberg, Monaco and Liechtenstein were followed by unmanned drones to ensure that governments know who is hiding wealth, no such option was available to stop people from hiding their money in Bitcoin.

That part is sensational. One of the biggest reasons when the debate is put on the existence of the dollar is about that function is unique to it. You can only pay taxes with the currency issued by your country. We may soon have citizens questioning the need to use only the currency issued by the central bank to pay taxes and fees. Since many people can regularly use Bitcoin to pay for their goods, for their food, to receive their salary etc.
hero member
Activity: 1022
Merit: 564
Need some spare btc for a new PC
I think this is cute and all but I really don't believe it. The account was deleted right after, and there is little to no proof behind his statements. If he actually is from the future why wouldn't he be afraid to prove it? It seems so odd that I actually have to prove that this guy isn't from the future, but people here are willing to believe almost anything. Bitcoin reaching 10k in 2017 is a very common prediction. Furthermore, if he knew how the trend would actually be going, why wouldn't he mention that it actually reached 19k in 2017 instead? Too many holes in this story for me...

Damn, I really thought he really was from the future. :/ Why do you have to prove it? No one said they believe he actually is from the future. Grin It's alright, I think most of us know that he isn't really from the future but thanks for the info.
legendary
Activity: 1414
Merit: 1039
member
Activity: 140
Merit: 13
Thanks for you sharing this post. Probably people were kidding with this guy at 2015 Smiley But in 2017-2018 predictions come true.
legendary
Activity: 2352
Merit: 6089
bitcoindata.science
This is Reddit post, originally posted in 2014 by  Luka Magnotta
https://www.reddit.com/r/Bitcoin/comments/1lfobc/i_am_a_timetraveler_from_the_future_here_to_beg/

I think the most impressive is the date. How come 4 years ago this guy predicted bitcoin price would reach 10k USD in 2017?

This is a very good reading, hope you guys enjoy. Some people may have read it already.



Quote
I am sending this message from the year 2025. Things are looking bleak here, and some of you will carry blood on your hands.

If you don't believe me, please move on, as I have no way of proving to you I'm really who I claim to be.

I don't want to waste any of your time, so I'm merely going to explain what happened.

On average, every year so far, the value of Bitcoin has increased by about a factor ten. From 0.1 dollar in 2010, to 1 dollar in 2011, to 10 dollar in 2012, to 100 dollar in 2013. From now on, there's a slight slowdown, as the value increased by a factor ten every two years, to 1,000 dollar in 2015, to 10,000 in 2017, 100,000 in 2019, and 1,000,000 in 2021. From here onwards, there's no good way of expressing its value in dollars, as the dollar is no longer used, nor is any central bank issued currency for that matter. There are two main forms of wealth in today's world. Land and cryptocurrency.

There are just over 19 million Bitcoin known to be used in the world today, as well as a few hundred thousand that were permanently lost, and we're still dealing with a population of just over 7 billion people today. On average, this means the average person owns just under 0.003 bitcoin. However, due to the unequal distribution of wealth in my world, the mean person owns just 0.001 bitcoin. That's right, most of you reading this today are rich. I personally live next to an annoying young man who logged into his old Reddit account two years ago and discovered that he received a tip of 0.01 Bitcoin back in 2013 for calling someone a "faggot" when he was a 16 year old boy. Upon making this discovery he bought an airline ticket, left his house without telling anyone anything and went to a Citadel.

"What is a Citadel?" you might wonder. Well, by the time Bitcoin became worth 1,000 dollar, services began to emerge for the "Bitcoin rich" to protect themselves as well as their wealth. It started with expensive safes, then began to include bodyguards, and today, "earlies" (our term for early adapters), as well as those rich whose wealth survived the "transition" live in isolated gated cities called Citadels, where most work is automated. Most such Citadels are born out of the fortification used to protect places where Bitcoin mining machines are located. The company known as ASICminer to you is known to me as a city where Mr. Friedman rules as a king.

In my world, soon to be your world, most governments no longer exist, as Bitcoin transactions are done anonymously and thus most governments can enforce no taxation on their citizens. Most of the success of Bitcoin is due to the fact that Bitcoin turned out to be an effective method to hide your wealth from the government. Whereas people entering "rogue states" like Luxemberg, Monaco and Liechtenstein were followed by unmanned drones to ensure that governments know who is hiding wealth, no such option was available to stop people from hiding their money in Bitcoin.

Governments tried to stay relevant in my society by buying Bitcoin, which just made the problem worse, by increasing the value of Bitcoin. Governments did so in secret of course, but my generation's "Snowdens" are in fact greedy government employees who transferred Bitcoin to their own private account, and escaped to anarchic places where no questions are asked as long as you can cough up some money.

The four institutions with the largest still accessible Bitcoin balance are believed to be as following:

-ASICminer - 50,000 Bitcoin

-The IMF's "currency stabilization fund" - 70,000 Bitcoin

-Government of Saudi Arabia - 110,000 Bitcoin

-The North Korean government - 180,000 Bitcoin

Economic growth today is about -2% per year. Why is this? If you own more than 0.01 Bitcoin, chances are you don't do anything with your money. There is no inflation, and thus no incentive to invest your money. Just like the medieval ages had no significant economic growth, as wealth was measured in gold, our society has no economic growth either, as people know their 0.01 Bitcoin will be enough to last them a lifetime. The fact that there are still new Bitcoin released is what prevents our world from collapse so far it seems, but people fear that the decline in inflation that will occur during the next block halving may further wreck our economy.

What happened to the Winklevoss twins? The Winklevoss twins were among the first to die. After seeing the enormous damage done to the fabric of society, terrorist movements emerged that sought to hunt down and murder anyone known to have a large balance of Bitcoin, or believed to be responsible in any way for the development of cryptocurrency. Ironically, these terrorist movements use Bitcoin to anonymously fund their operations.

Most people who own any significant amount of Bitcoin no longer speak to their families and lost their friends, because they had to change their identities. There have been also been a few suicides of people who could not handle the guilt after seeing what happened to the bag-holders, the type of skeptical people who continued to believe it would eventually collapse, even after hearing the rumors of governments buying Bitcoin. Many people were taken hostage, and thus, it is suspected that 25% percent of "Bitcoin rich" actually physically tortured someone to get him to spill his password.

Why didn't we abandon Bitcoin, and move to another system? Well, we tried of course. We tried to step over to an inflationary cryptocurrency, but nobody with an IQ above 70 was willing to step up first and volunteer. After all, why would you voluntarily invest a lot of your money into a currency where you know your wealth will continually decline? The thing that made Bitcoin so dangerous to society was also what made it so successful. Bitcoin allows us to give into our greed.

In Africa, surveys show that an estimated 70% of people believe that Bitcoin was invented by the devil himself. There's a reason for this. It's a very sensitive issue that today is generally referred to as "the tragedy". The African Union had ambitious plans to help its citizens be ready to step over to Bitcoin. Governments gave their own citizens cell phones for free, tied to their government ID, and thus government sought to integrate Bitcoin into their economy. All went well, until "the tragedy" that is. A criminal organization, believed to be located in Russia, exploited a hardware fault in the government issued cell phones. It's believed that the entire continent of Africa lost an estimated 60% of its wealth in a period of 48 hours. What followed was a period of chaos and civil war, until the Saudi Arabian and North Korean governments, two of the world's major superpowers due to their authoritarian political system's unique ability to adapt to the "Bitcoin challenge", divided most African land between themselves and were praised as heroes by the local African population for it.

You might wonder, what is our plan now? It's clear that the current situation can not be sustained, without ending in a nuclear holocaust. I am part of an underground network, who seek to launch a coordinated attack against the very infrastructure of the Internet itself. We have at our disposal about 20 nuclear submarines, which we will use to cut all underwater cables between different continents. After this has been successfully achieved, we will launch a simultaneous nuclear pulse attack on every densely population area of the world. We believe that the resulting chaos will allow the world's population to rise up in revolt, and destroy as many computers out there as possible, until we reach the point where Bitcoin loses any relevance.

Of course, this outcome will likely lead to billions of deaths. This is a price we are forced to pay, to avoid the eternal enslavement of humanity to a tiny elite.

This is also the reason we contacted you.

It doesn't have to be like this. You do not have to share our fate. I don't know how, but you must find a way to destroy this godforsaken project in its infancy. I know this is a difficult thing to ask of you. You believed you were helping the world by eliminating the central banking cartel that governs your economies.

However, I have seen where it ends.
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