Topic: Proposals for global shutdown of crypto (Read 614 times)

When I saw the title, I hastened to open the thread with the mind that I'll get a link to a proposed document or so. But I was disappointed to meet Op.
Go to your country's treasury, get money and buy a powerful system that will give you power to perfume 51% attack on Bitcoin, that's all.

Spot etf will fix the price the way it cant fall but will go up
Btc purpose is only one to be reserve asset in exchgangers to back up USDT.
Volatility will end when fed stop money printing so then all market will be stable not volatile anymore.

It is quite hard to put global shutdown on crypto, it is becoming more and more valuable day by day as more people are getting involved in it. Crypto is definitely a revolutionary platform with help of blockchain, but still, it is in the early stage.

Bitcoin has already proved its existence. And it will take the world to a new era of finance.

So my honest suggestion is rather shut down crypto, make it legal globally as a one-world currency.

No he didn't say that it was the btc's or cryptos fault but he is just saying that losses are not only happening in the mind but it's for real but what you are saying there is possible because btc is also a money and there are many crimes now being involved with btc.

There are also people that ended their lives due to losses because of btc trading, investing and gambling. He opens this thread because he wants to open up to the community and we already know why he rants but we can't help him with his request because we love cryptos and it seems that he simply hate it for the fact that its value always crash. He needs to understand that this is how they work.

More like, this is what you get buying meth 

Now i can see you need serious help more than i thought.
How do you kill something like btc, something out of your reach! in your mind you think btc is evil and want to kill it, but what if we the supporters of btc won't let you do that?  
lol, you really are funny, why not wait for a market recovery instead of this fruitless drama, this is what you get buying from ath, but don't despair because good times are coming.  

Any external intervention to regulate the cryptocurrency market will mean the end of its basic principle of decentralization. It is no coincidence that for Bitcoin and other cryptocurrencies, the source code is open to anyone who wishes to create a new cryptocurrency. This is one of the main ways to quickly improve the cryptocurrency. Of course, this process cannot do without useless and even fraudulent types of cryptocurrencies, but over time, the market removes all the ballast. Any narrowing of decentralization when creating new cryptocurrencies is unacceptable, since in this case they will acquire the disadvantages of fiat.

Urge all exchanges to disable the sell button.
Urge all internet providers to shut down the network.

Crashing is actually caused by the holder's reaction to a fundamental factor. If you want to prevent it, then convince everyone not to sell because they are the real crashers (evil) from your point of view.

peter schiff is a fame hungry midwit jewish crook with his mouth firmmly wrapped around his rabbis dick

Dude you remind of him.



Best of luck but just like the flu and COVID-19, crypto is contagious with unlimited variants that can’t be stopped no matter how hard you try.

ok nigger, your right, Theres no ssuch thing as war. you will be fine No one is going to be shot in face or have their building blown the fuck up today.

i ll just be quiet so your hype space isnt disrupted. 

Dude. You are not going to kill anything and anyone. Stop acting tough on internet. It is pathetic.
Go do something with your life instead of crying over the internet about new innovations and using racistic slurs.

The fact that most people can't get out of their safe space mentallity is because the world has become too warm and fuzzy for them and now every slight cool breeze of wind will make them whimper. A bit pathetic if you think about it.

Maybe it even adds on to the fact that lots of people are scared of anything new. This fear usually increases with age. It happens to everyone.

Bitcoin cannot be destroyed and is the future. No doubt about that. Some people just take a while to understand it.

Dude. You are not here to kill anything. Everyone knows thats impossible. It can't be killed. Only way to "kill" the demand for it is if something better comes along. Then it can be replaced. But because it is the best and most fair money we have at the moment, the demand for it will only increase. Accept it.

Money is volatile. Life is volatile. Accept it. You can't make the world flat and numb so do yourself a favor and stop trying to do impossible things. It is not good for your mental health to stay in that toxic mindset with all that hatred.

Just accept the fact that there is nothing you can do to "kill" Bitcoin. Focus on making your own life happier and for those around you too. Growth of Bitcoin does not need to be endless source of misery for you. You can choose happier things for yourself.

EDIT: This idea of yours that volatility of a known volatile asset somehow makes people suffer is not true. People take risks. If you invest your money on something, you better learn what it is. How it operats. What are the risks. If you fail to do that, you can blame only yourself. Not the asset. Be more educated next time you put your mind and energy on somethig if the last time you made bad decisions. Stupid people does stupid decisions with their money. (Not meant personally for you)

I dont blame bitcoin or any digital asset. I am not anti bitcoin. Bitcoin did not devastate my life.I understand this site is the heart of hardcore dedicated followers. I am here to kill evil. If bitcoins crashing spreads suffering I have an obligation to my fellow humans to adress that problem

1. You don't understand how Bitcoin works as an decentralized asset. You would need to go after miners to shutdown Bitcoin. You would need to kill the intener from every last piece of miners and nodes around the world to shutdown Bitcoin and you are not able to do that. Even the most powerful governments in the world are not able to do that. Bitcoin is in the hands of people. Not the governments.

2. Bitcoin being volatile just like every other new asset class when they are new, young and therefor in "price discovery" phase, is not a sign of anything bad. It is completely normal for the price to make big changes during the growth of that asset. You keep claiming that Bitcoin all the time crashes. Then why it is not valued zero but over 40K? Because it is not only crashing but growing. Have you seen the chart? Zoom out.

3. I think you have some mental problems. Maybe because of loss of loved ones. Or maybe you are just not a nice person when you blame digital asset for the misery in your life. I don't know you so I don't know. All I see is one less educated person about Bitcoin who tries to fight the progress of the world. Same as horse carriage people fought the automobiles, envelope companies tried to fight email etc. Progress always wins and Bitcoin is great progress for human kind on matter or money. More fair, more equal, finally truly limited in total amount of money and finally not in the hands of any central party like central bank or government. The power to create more and more money must be separated from the hands of central powers and governments and Bitcoin solves that. You are just mad when seeing other people make progress in their lives with new, better asset.

This man is kidding right?

The current size of Bitcoin blockchain is 324 gigabytes and do you know at what speed the currently all the miners altogether mining? 196 Million TH/s.
Dude those are so many electrons at once moving throughout the internet world wide you cant imagine in your dreams too. Moreover they creating creating nodes every single blink of an eye.

The first goal was to make integrity of chain, where transactions will be recorded forever. As far as I know, even single hard disk left over with the connected chain you can still safeguard the whole thing.

You may wanna start over with your thinking.

im not blaming anyone. Im not after miners. I am discussing social responsibility and the explicit purpose of bitcoin beieing built as a better replacement for the jewish central banking system that destroys nations. If bitcoin is causing the same devstation as the jewish criminal central banks. we have to shut it down, and try again.

advice are given in the very first post so better start it up now, I will give you a Hint , one of my neighbor  ahs  mining rig so put Him in your target list for you to succeed in this Shutdown 

But I must warn you , this will take you years to find out every single mining and will cost you at least million dollars to spend.

so the best option?  close your eyes and leave this topic alone 

obviously OP wanted to Blame the world for His failure in life 

How is that btc fault?
Did you lose a loved one as a result of btc? Did anyone demand for btc as ransome to free your child?
Maybe when you open up to the community a little more then you can find some peace    and they will understand the reason for your ranting. Just saying.

Im not trolling I am pissed off. Im sick of all the endless crashes, we are  supposed to be better than wall street devastation. Not worse. bitcoin was a response to the 2008 financial crisis and here bitcoin is making crisis every year with 50% crashes. I am not a troll or a short. I dont want to people hurt that way again. Some obscure shitcoin I understand but a trillion dollar fixed supply heavily promoted asset? Its too much crashing

Who will make this proposal? And how to shutdown crypto?
I don't think there is a way to shutdown crypto around the world, it is decentralized. So, no one will have an idea to make that proposal, except it is your own idea. I don't know why you can have this idea, but I assume you don't really know how crypto works. Crypto isn't owned by any person, it is decentralized and always unstopable.

Mmm so something that you can trace whenever you want and with the blockchain open to everyone, yeah, it definitely looks like the best way to hide something. I understand you're trolling, but you're not even trying to do a good job. Transactions crime related are pretty much irrelevant when you look at the numbers.

If you claimed that you have hope in Bitcoin and you believe it turns out to be a lie or a form of a destructive weapon than the Banks whereas it makes a lot of people who live on the street a millionaire and also proven to be the safe haven during economic breakdown etc. Then you're totally naive about the concept of Bitcoin.

I dont want anyone to ever have the life devastating impact of financial collapse. From wall street criminals, to crypto. There is a deep horror in having your life destroyed and having long term real suffering and poverty, and all the pain and crime against those who are poor.

To end financial devastation is to reduce misery on earth.

no I have not lost anything at binance and yobit. I was using those as touchstones for people who have witnessed the wide range of outcomes and the patterns that exist. I hope for everyone that bitcoin can remain part of the future. It just has a terrible track record of crashing and the technology driving bitcoin has been superceded by on chain systems. The ford model T was a great stepping stone, but would not pass modern safety standard approvals.

So I get it now. You must have invested in some shitcoins from Yobit and Binance which lead to losses.
You are here to blame bitcoin because the current market is down and you lost your money in the shitcoins.
But the thing is that there are literally thousands of cryptocurrencies that don't have any value and thus fail to gain any momentum.
If you invest in it then it's your fault. You should research well before you invest your hard earned money.
If you would have invested your money in potential coins like bitcoin and ethereum then you could have gained some nice profits just by holding it for a long term.

have you heard of yobit. that entire echange is filled with different bitcoin things that will never reemerge. Do you really think binance and yobit are any different? hint. the exact fucking same thing

IMHO, there's no way we can shut down bitcoin OP. It's like shutting an internet that would mean very impossible to shut it down, unless there will be a global blackout that will totally shut down the internet connection. But its very unlikely to happen.

Bitcoin will be here for good. The whole government may ban it, but they can't stop its emergence again and again.

OK Ill telltheguy that mined at .01 . He said you are a nigger and bitcoin is always crashing. He said no one who mined it kept it. he said bitcoin is for niggers ho dont know that bitcoin is already dead

Protect people from getting hurt?

Just like inflation is hurting every poor person as well as every low to middle income earner
in the FIAT system. What about quantitative easing in the FIAT system which devalues
everyones savings.

Lets hear what utopian financial system the OP would like us to switch to.....


This post doesnt fit right with your username.

"bitcoin has always been worth less than you mined it/bought it .  "

Sounds like someone is hurting after buying at the ATH. Tell that to the people who
mined and bought Bitcoin at $1, $10, $100, $1000 and $10000.

[ignore switched on]

nigger, the us dollar had the shittiest inflation in history and still blew btc off the map the last year. You can have your pollution crash fuckstain kikery

bitcoin has always been worth less than you mined it/bought it . 

How about you stop trolling and enjoy the best performing asset in the world?
Bitcoin is outperforming S&P500 so I don't know what "crashing" you're talking about.

As for garbage, how about you check some of the shitcoins. BTC is doing just fine compared to them.

Want to shut it down? You'd have to shut down the Internet first.

I personally feel more compelled to stop people from being hurt by scamfi. Bitcoin has failed and at a large scale. Now it is humanities obligation to protect people from jews and their financial scams. bitcoin is just another failure. no need to work on anything new until after ww3

You're asking how do you stop rain or wind, it's a pretty silly question. There are over 200 countries in the world, with billions of people and many politicians who are trying to carve out different agendas. The only slight effect you might have is by protesting or supporting crypto positive politicians within your own country and it'd probably be best to settle for that. Alternatively you could choose to participate within the developer scene, seeking out and implementing new ideas that chip away at obstacles to adoption - like figuring out ways to reduce transaction fees, increase speed or make miners less energy intensive. Maybe even work with legal services and steer them towards the best balance of laws that protect privacy as much as possible while satisfying anti-criminal action.

government may not have the knowledge to shut it down. Crypto people do. It has become the responsibilty of good men to end the bitcoin experiment. It failed. There is a better way and its not bitcoin

Pretty much sure that its been long time that government had tried to shut down bitcoin or crypto as a whole specially because of its anonymous and decentralized properties which government does really

hate up the most and speaking about global shutdown is something that is already impossible.Why? Demand is there and aside from being decentralized and anonymous then there's already a demand
and recognition on which people would really be dealing with it no matter what and we know the actual reason.

So better not to stress out yourself on how this thing should be done because it couldnt happen no matter what.

bingo. Bitcoin asics are fucking maytag dryers on full 24 hours a day.  Not only is bitcoin proven to be disastrous for crashing every single week and month, but the asics have no compute usage and no value outside of making heat and wasting. Its a fucking fail. GPU mined coins are 100000x better in hardware, the gpus are always repurposable, asics are just landfill waste

Bitcoin Nodes are irrelevant, as they can't add blocks without the ASICS.

Warehouse of ASICS are easily detected thru their massive energy consumption by energy utilities.

If the world governments agree, all they have to do is cut the power to those warehouses , and you have a bunch of paperweights.
Bitcoin Network freezes and enters a financial death spiral , as without the ability to transact, it market price falls below zero.
Therefore no financial incentive to save btc.

BTC biggest security risk , is it can't hide the asics due to their energy waste footprint.

BTC supporters all cry fud about the energy waste.
So don't expect them to do anything to fix that security vulnerability.
Just watch for it to happen one day in the not so distant future.

By the time it does happen, every other crypto will have switched to PoS, and for them it will be a non-issue.
As their staking nodes are able to add new blocks and they can hide from the world governments, if required.
But since they don't collapse power grids, odds are they will be left alone.

bitcoin faced its test this year and failed. would it actually work against inflating fiat? no, it actually was devastated and fucked up everyone who used it as FIXED SUPPLY money.  So bitcoin is a known failure and is recorded history of relentless yearly monthly and weekly crashing. It may be suitable for drug dealers and criminals and niggers, but it is not suitable for humans

Get all the governments in the world to "Ban" Crypto currencies..... but just remember one thing, before you start.... There is almost nothing that the world governments will ban... if they can benefit from it. Take Russia for instance.... they are currently using Crypto currencies to bypass the global sanctions... so good luck getting them to change their mind now.  

Also... a ban of Crypto currencies will push it underground and then it will be almost impossible to stop. (The government will also then loose millions in taxes, because these underground transactions will not be taxed)  

I hade some hope for bitcoin. Turns out its a whole lot of lies and has proven more destructive than the banks for repeated collapses every single year

The only garbage i know after I am aware of Bitcoin's potential is your so called fiat currency which was backed by the naive government that makes the same mistake that makes fiat currency lose value over and over again.
I believe you think Bitcoin is a teenage play if not you should know by now that the US or the SEC would have shut it down if they can.

bitcoin has become more destructive by far than the system it was meant to replace. It has great depression scale crashes every year. For the sake of humanity it has to be turned off

tell me when your brother is murdered or child abducted that losses are only  in your mind

The chances of doing such or taking such action is very slime so there is no space carry out there even to go round destroying mining hardware's.

Losses exist in the mind that of the greedy.  Bitcoin has no economic destruction. So far the technology  never promised  anyone wealth  or stability what we all know about bitcoin is the privacy and secure peer to peer transaction offers.  

Price fluctuations is a function  of demand and supply and since bitcoin  lacks any reserve  nor centralized back up  all investors determine what the price become through holding, buying and selling. Its safer in the hands of bitcoin than in the hands of a manipulated fiat system

You can't shut down a revolution safely. That's why it's a revolution. 

Next.

Moreover, I would say, go around the world and destroy every CPU/GPU/ASIC and other mining equipment.
As far as even a single CPU with a connection to internet is active then the bitcoin network can function.
So OP should start his journey right now because it might take a really long time before he destroys the whole bitcoin network one by one.

I dont blame bitcoin, itsd just some poorly written software written on top of a poorly written shell on top of poorly written os.

I dont blame anyone. I just say that it crashes too much to be sold to the public as anything but gambling

Op, if you just invested at a bad time and didn't wait long enough for profits but instead sold at a low point, it's not Bitcoin's fault and says nothing ill of Bitcoin. These are your mistakes, and calling Bitcoin 'endless crashing garbage' is unnecessary and unjustified. And if you are now seeking revenge and want to destroy Bitcoin, this is just childish and also impossible. It's not something one person or even a group of very powerful people can do.
And if you're interested in protecting people from losses, it probably reconfirms that you lost money and are not okay with it. In that case, abandon the market, don't get involved. If you want, you can tell others your story and let them make their own decisions.

fiat also is endlessly crashing, which makes years like the last so devastating for those who had hope in bitcoin. NOt only did you lose $ value holdingBTC, you also lost purchasing power in the fiat. So with btc you have less fiat that has less purchasing power.


Fucking shiit, its ruined

I'm a little confused, I think you probably misspelled "fiat money", or by mistake you wrote bitcoin instead, am I right? Because besides fiat money I can't think about any other "endless crashing garbage", and I'm trying hard eh, but no, nothing else comes up to my mind  

then no asics can survive due to this effect.

There is no price action that can support asics in the long run

if price goes up new asics are developed and old ones are obsolete. If price goes down o new asics are released and old asics no longer earn more than the power and shelter they need.

There can be no old asics in bitcoin they lose out to new asics if price goes up, they shut down to overhead if price goes down

Quite the logic we have here.
If the price goes up old hardware is obsolete, because it becomes far more profitable than it has ever been, why is that?
Near the end of 2020, an S9 was barely going above 1$ a day, now makes 3$, how is this real-life fact experience working with your logic?


The same goes for your current rantings, rather than coming here day after day with a new account and telling us how bad this will end, why don't you curb your sufferings too? Smash your computer and your smartphone, leave the city where everyone talks about this and go live in the forest with some friendly bears that will share your opinion.
Seriously, stop trying "to save" people this way!

It is less cruel to quickly kill an animal than it is to starve it and torture it. Bitcoin crashing at its current scale has a sadistic feel to it

I would rather hit a country with 100000 nuclear bombs and kill all instantly, then torture critters and make them suffer

Im not a quantum computing guy. quantum computing is at this point a silly pretend game of pseudoscience. As much as rotational vector math is better than binary math, programming functional quantum computers is all simulation at this point. I am stupid nnot smart, but I do have a heart for not destroying peoples lives economically

He does not have to buy it, he is so smart he can develop a quantum computer in his room and use it to hack everyone's private keys after finding out their seed phrases and then, when nobody is left any Bitcoin and the miners stop mining for free, then and only then, will he be able to destroy Bitcoin.

However even such a case is a bit unprobable in terms of probabilities...

What he should do instead is focus all that energy into making more Bitcoin. Or at least working for fiat and then investing it into Bitcoin. Either way.

how about eliminate all onramps to btc. just eliminating the one click and lose simplicity of the btc scam would stop most people from getting hurt, right?

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as you can see I am a newbie. you are a legend. Would you say there is a coin counting market making algo that makes bitcoin always drop when people buy?

Go buy everyone's BTC yourself, and send everything to a burn address. Best of luck.

NO need to destroy btc mining hardware, it becomes worthless through hasrate increase or price drops. There is no old btc mining hardware really. IF btc rises the old hardware is obsolete, if btc falls the old hardware is obsolete.

The mining hardware like most tech self destructs by market forces

. I was more considering how to begin to protect people and close off the almost guaranteed losses that come with btc pricing

Go around the world and destroy every single mining hardware and every single device running a Bitcoin full node. Best of luck.

The goal would be to end the ecoonomic destruction of bitcoin / crypto while causing the least losses possible to public.

Ideas on how to shut this endless crashing garbage down safely?