Topic: The Bitcoin environment seems toxic right now... has it felt like this before? - page 3. (Read 11044 times)

oh for fucks sake, really?!?. If I'm falling for the trolls,... it's indeed a pleasure.

As disillusioned as I may be, you are topping it.


Dude, I think I've been where you're coming from, but you need to get a grip on things. It's you! Those Joes around you... they are actually you, just in disguise...

change shit.. it's the only way.

At first I thought it was the zombie apocalypse, but now it looks like there are ulterior motives at play.

HASHBAG YOUR BACK!!!! SWEET!
How are the cointerras going?
Dude you just made yourself look like a real nob!
Am I surprised - hardly!

For those not familiar with advanced trolling tactics,
Anonymint is the same poster as Mattboldfield.

@AnonyMint

I think you seriously need a dam good holiday! I mean great observation, dialect and proposition but the "what if" factor is obviously consuming you.
Also being on this criminal site will drag anyone down!
I went through a stage of hopelessly thinking the world is doomed, made me depressed and think what's the point of it all,  I also thought about the solutions of survival.

BUT theirs not much you can do about it. All this things were put in place a very long time ago. Its really ends up coming down to being stronger and not letting these things get to you.
Don't join in on the hopelessness of it all, you need to clarify yourself, get back to nature or something, feel like a kid again, uknow what I mean? Be your old self again! Turn off that shit on the monitor!

I found anger a great release, yes I know your all laughing their haha, but the frustration of how incompetent people are becoming, well it just started pissing me off!
I just decided to make my own stand again and not be caught up in this evolution of anything goes and re-establish the principles that make me me.
Just because people are turning into lost souls, well screw that, I'd rather go down fighting for my principles than be a spineless jellyfish like most are now days.

You must breath and get off this channel of uncertainty and realize their are a lots of people thinking the same as you, but an observation you must leave it at. Be grateful you were born with insight.
The average Joe hasn't got a bloody idea about anything anymore, but man if you have half a brain, and its working its a walk in the park out their today!
But you must be confident and know where your coming from.

It can also take some time to feel that way when you've been fucked over too! But stay good and it will all work out. That's what I like about life!


Arrr come on man, Billie Ocean told us years ago remember.....
"When the going gets tough.......well you know the rest......


To my new band of trolls following, hi guys! please die painfully!

"mirage" is a close cousin to "miracle"

Sounds fearful. His slip is showing. Very surprising for an old card player.

"Bitcoin is a mirage." Warren Buffet

"Be greedy when others are fearful." Warren Buffet

I'm a bit frustrated to see it so quiet, since I like a certain amount of movement in the markets.
BTC is getting close to $550, maybe we can see a good bounce to ~$700?

there's a lot of negative vibes coming from BTC all of time

mattboldfield, I'd like to hear your reaction to the following even if you disagree with me?

I'm obsessed because if you read my Mad Max and CoinCube's Economic Devastation threads, I believe we are going into a very severe, global economic implosion starting around 2016ish to worsen until 2020 and beyond, due to precisely $223 trillion in global total debt (not including China's huge shadow debt economy backed by copper, etc and other off balance obligations in every country that are lurking) i.e. 313% of global GDP, very roughly a $quadrillion in derivatives ("weapons of mass destruction"- Buffet), and very roughly a $quadrillion of unfunded social welfare promises made by governments. According to the IMF, this is at least a 200 year high in debt-to-GDP ratio, and I am confident it is the worst ever in recorded history since Mesopotamia when all factors mentioned above are included.

Because of the coincident and concomitant technological unemployment (predicted by the prestigious Oxford University at Cambridge, England to destroy 47% of all existing jobs before 2032), there is no way to grow GDP to pay this off. I explained that those who argue that debt is merely an accounting ledger item and thus can be quickly erased and restarted anew are ignorant. So the only choice we have is which sector of society to charge this write-down to. The governments have made it clear with their actions of austerity, increased taxes, and depositor bail-in plans, that they intend to charge the $quadrillions of write-downs to private wealth and not to the elite who own most of the wealth who run the bankster usury system (which is also the government via power vacuum capture of democracy). Imploding private wealth means the government won't have anything remaining to tax. Do you remember what Hitler did (and many other examples in history) when he couldn't raise revenues to pay for his universal health care system? Euthanasia. Y'all do know I hope that Hitler was printing his own money and doing massive public works programs such as the Autobahn.

This looks like it can downward spiral into a Dark Age. That affects all of us.

The only solution I see is for there to be a way for the entrepreneurs who make the world prosperous to have a way to hide their wealth from government so they can continue generating prosperity. Gold won't work, because gold can't be transacted very anonymously over distance nor without being snooped on by those you are transacting with, and this is why every move away from fractional reserves to gold always implodes the economy as the velocity of money plummets (it is down by 50% since 2007). Even the 1800s gold standard was based on fractional reserves at the private unregulated banks (and no Andrew Jackson didn't stop this and concomitant frequent bank runs which is why we ended up with a central bank later), we were not using physical gold as money.

So I devised a (as of yet unimplemented, unpublished) solution for crypto-currency that is reliably anonymous and fixes many of the other problems that I mentioned about Bitcoin.

I believe this solution might save us. And so thus I am obsessed with surviving. I hope you are too.

That makes me a troll?

P.S. On the more conspiratorial perspective, I also see that Bitcoin's design takes us directly to a world government digital fiat which is the 666 tracking system. Not that I necessary believe the Bible's Revelation, but I don't want to live in a world where we are slaves to a top-down control from Brussels.

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Again I pointed out that this is not applicable to the masses.

Besides, by the time you can get the masses to adopt anything it will be owned by the government through regulation.

There is no way to get the masses to help you the millionaires. You are trapped. I am trying to help you, but you are obstinate (because you are not a polymath). And thus deserve your fate.


Since you are a Christian, I will explain from that perspective (I could also explain from an atheist perspective too).

Huh, your Bible in Proverbs says "borrower is slave to the lender".

Do you really think the masses can run up this huge debt which enabled them to abandon God and run abortions to 40 million a year, birth control to pervasive from age 15, and for women to no longer need men because they are supported by the state, and for there to be no enslavement?

I suggest you (re-)read carefully 1 Samuel 8 then 1 Samuel 15.


Simpleton mistake. Complete failure to understand economics of fitness, c.f. this post:

https://bitcointalksearch.org/topic/m.5837161


I am talking about what the masses will do.

If you want something only for us, then Bitcoin has the wrong design and can't protect our anonymity.

If you want to fight in the open, then you need the masses on your side. And the masses always go to the side of the banksters and the leaders of the power vacuum of democracy.

Again read 1 Samuel 8, so you can understand.

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The time of BTC is upon us if we accept that the masses will use it if offchain regulated businesses provide fixes to all the useability problems with Bitcoin onchain (e.g. 10 - 60 minute transactions, private keys stolen, etc).

But then we give up decentralization and have a global fiat- the antithesis of the idealism purported to be the reason we are investing.

And if we are investing simply to get rich, note that if the regulators can track everything, this is no solution to the coming massive confisations 2016ish as we descend into the global economic conflagrapocalpyse.

Oh I know you don't care as long as you can make a speculative buck in the meantime, who cares if it is all going to be taken from you in a couple of years any way.

Hamster much.  

P.S. I know there are other possible outcomes. The global debt could just disappear. You could hide your gold deep in the forests of Finland. And all other such illogical fantasies.

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http://blog.mpettis.com/2014/03/will-emerging-markets-come-back/#comment-22366

It did, the first time it received media coverage and popularity among the general public everyone thought it was a ponzi scheme and anybody who talked about Bitcoin was kinda discriminated

I don't think it's so much the toxicity right now as much as lack of any major positive news. We haven't really had anything like "Overstock accepts Bitcoin" or "famous enterpreneur announces his support of Bitcoin" for quite a while. To be fair we haven't had that much bad things either since the Gox fiasco, but right now BTC is just really really quiet and I think some people are getting a bit frustrated.

Mate get some rest, wake up and stay away from your monitor for a good week.

This "game" of "wanna be' investor/tycoon really is just wasting your life and money!

You know like me its all B.S. so why even be absorbed in this hypothetical monitory race.

The real world doesn't give a shit about cryptocurrency, it is simply fly shit on a basketball and always will be.

Use your god given talents for something positive for yourself and those close to you.

The rewards are tenfold that of this daydream payout that unfortunately most people around here are obsessed in!

All BITRIP is, is one giant poker machine! The more you put in the more you lose!

Follow up on my prior post above...


My 0.01% - 0.03% guesstimate was 600,000 to 1.8 million based on world population of 6 billion.

Dogecoin (why don't they pronounce it "doggiecoin" or "dog-ecoin" ) claims 100,000 users yet the mcap is only $43 million. Apparently it is the copper-zinc penny coin (feel good marketing, donations, cute dogs) and Litecoin is the current silver to Bitcoin's gold.

Isn't market cap more relevant+concrete than the nebulous concept of "users" (not all types of users are the same).

Feel free to copy or reply to this on your other thread that is relevant to this issue.

We are clearly in investment only stage, because who can use a daily currency that is taxed for capital gains on every spend. That will block any major application as a currency until governments bless it as legal tender. But why would governments ever bless it since it removes their authority to control the money supply?

At some point the reality of that has to hit the investment demand. But I guess we have a lot of myopia to go before the "stampede to the exits" realization.

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1. The hassle of recording and paying tax for numerous daily tidbit transactions is far outweighed by the insignificant value loss of holding $500 in your checking account (exhibit my prior post that average Dogecoin holding is claimed to be $430 per user).

2. You are not thinking like the masses who are not the rich precisely because they don't have a lot of savings to invest. And thus they don't have the same priority set as you. But you as an investor in what you want them to use, need to think like them to understand this investment.

I saw this within my initial study of Bitcoin yet Risto (and you?) apparently haven't registered this in your consciousness yet after years of being invested.

The wildcard is if there could be an application (other than investing) that targeted the rich demographic which is investing in Bitcoin. Well that is...anonymity. They will need it to survive what is coming! And Bitcoin doesn't have it.


You just proved my point.

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Again you misjudge the masses, because you are not one. You can't put yourself in their mindset and priority set. I can.


In theory yes, but in practice no. I detect you don't have real world experience doing technical support for a software company. I do.

You don't have every user using the same application and tax regime. Some tax regimes are not even efile yet.

And users will avoid something with no advantages which carries the stigma of needing to pay a tax. If they are using it as a currency, they aren't paying attention to gains, and see the tax only as a burden and risk (what if they automation fails, they lose their backup copy, then can't comply with the tax filing!)

Eventually you could get there, but long before that the government will have taken over the exchanges, the pools, and the coin. Or simply offered a digital fiat which doesn't have Bitcoin's problems.

And btw, what is the advantage for the average person to use Bitcoin and go through this hassle to set up this software? None that I can see.

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For those in the 3rd world, they use cash and the vendors they buy from will not be accepting Bitcoin any time soon. Simply worse for them in every way.

There is nothing they can gain from being banked with Bitcoin that they couldn't get with cash.

Even money transfer using Bitcoin is stupid, since they need to convert to cash any way.

For those minority who don't (a super majority does) file taxes in the developed countries, I still don't see what is the reason for them to use Bitcoin?

Most in USA file a tax return to get their payroll deductions refund, or their Child Tax credit, etc.. I don't know about Europe?


For example, localbitcoins doesn't have an app for that.  They would need to customize the app for every tax regime too.


Capital gains is one of them as this scales away from investors to consumers.

Indeed there are many other problems that make Bitcoin impractical. The argument is always offchain services, but those are a problem too or bring us right back to fiat.

I just don't see the big idealistic win. If you are just hoping to help the government create a digital fiat, and get rich on that investment, I doubt it will work out, because of the $223 trillion debt the government is going to confiscate all the wealth it can find. And remember Bitcoin isn't anonymous so you can't reliably hide in it.

P.S. if the quality of my prose is declining, it is because I've been awake for 20 hours and forehead is ready to meet keyboard.

The "waves of these feelings and events" are part of human nature/market cycles, or...
...is the Gov/MSM intentionally making BTC volatility more extreme with good media/bad media cycles?

From what I have seen, there are waves of these feelings and events. It appears that all of the good talk and vibes about Bitcoin come, then bad news comes, then good news, and so on. Almost like the modern economy, just a lot more drastic at times.