Hey Bulltards, read this thread if you dont wanna end up like the one who sold his house for bitcoin at 600$
You'll thank me and OP later,
for now,
see you.
ps: no fud intended
Topic: The Everything Bearish Thread - page 10. (Read 19530 times)
US Government to Sell 44,000 BTC in Final Silk Road Auction
The US Marshals Service (USMS) has announced it will sell 44,341 BTC, worth approximately $10.6m at press time [but not for long --ed], in an online auction due to take place on 5th November.
IBM Cooking Up Crypto 2.0 From Bitcoin's Good Bits
'You know how you buy bitcoin with money, then look for a merchant who accepts bitcoin, who, in turn, has to sell that bitcoin to get real money? Now imagine not having to do that' explained a source who declined to be identified due to lack of authorization to discuss the project in public.
News of serious blockchain research by a major corporation met with a lukewarm welcome from the bitcoin community.
'You know how you buy bitcoin with money, then look for a merchant who accepts bitcoin, who, in turn, has to sell that bitcoin to get real money? Now imagine not having to do that' explained a source who declined to be identified due to lack of authorization to discuss the project in public.
News of serious blockchain research by a major corporation met with a lukewarm welcome from the bitcoin community.
"When somebody wants to transact in the system, instead of you trying to acquire a bitcoin, you simply say, here are some U.S. dollars," the source said. "It's sort of a bitcoin but without the bitcoin."
Twisted Math Teacher Tries To Lure Tykes Into Bitcoin
Sick predator offers children $5 in bitcoin [to hook 'em on Dark Web drugs, no doubt --ed] Kids too smart; fiend finds no takers. Then he tries to cover his tracks, the monster, deletes everything.
How would the kid convert it back to real money? He'd need parental help for that and if his parents were anything like mine, they'd kick his ass for getting involved in shady shit.
SealsEvolutionary2 4 points 10 hours ago
You should be fired as a teacher for pushing your ideology during a math class. Waste of taxpayer money.
Sick predator offers children $5 in bitcoin [to hook 'em on Dark Web drugs, no doubt --ed] Kids too smart; fiend finds no takers. Then he tries to cover his tracks, the monster, deletes everything.
Quote
Bitcoin in the classroom (follow up) (self.Bitcoin)
submitted 23 hours ago by [deleted]
[deleted]
satoshi_pokemoto 2 points 9 hours ago submitted 23 hours ago by [deleted]
[deleted]
How would the kid convert it back to real money? He'd need parental help for that and if his parents were anything like mine, they'd kick his ass for getting involved in shady shit.
SealsEvolutionary2 4 points 10 hours ago
You should be fired as a teacher for pushing your ideology during a math class. Waste of taxpayer money.
Ukraine's National Bank Issues Bitcoin Warning
"Ukraine's National Bank has warned against the associated risks that come with digital currencies such as bitcoin.
A statement from the bank ... said it should not be held liable for any losses incurred by consumers using digital currencies to settle transactions.
Instead, it urged banks, consumers and payment organisations to use approved payment systems [i.e. 'real money' --ed] that guarantee consumer protection."
A statement from the bank ... said it should not be held liable for any losses incurred by consumers using digital currencies to settle transactions.
Instead, it urged banks, consumers and payment organisations to use approved payment systems [i.e. 'real money' --ed] that guarantee consumer protection."
Australian Banks Boot 'Bitcoin Business'; [Real] Businesses Ditch Bitcoin
Quote from: https://www.cryptocoinsnews.com/australian-businesses-ditch-bitcoin-banks-act-bitcoin-exchanges/
"The development is a blow to bitcoin’s chances of becoming a mainstream currency since Australia was considered one of its most promising bitcoin markets. Australia is estimated to hold 7 percent of bitcoin’s $3.5 billion global value, a sizeable figure in a country of just 24 million people."
Used a bitcoin ATM for first time. Was longest, most invasive, and ultimately failed experience ever.
https://www.reddit.com/r/Bitcoin/comments/3nj2zb/used_a_bitcoin_atm_for_first_time_was_longest/
Some shady bitcoin operators are demanding users to input too much personal info according to this poster. Maybe ATM installations aren't the best way to increase adoption.
https://www.reddit.com/r/Bitcoin/comments/3nj2zb/used_a_bitcoin_atm_for_first_time_was_longest/
Some shady bitcoin operators are demanding users to input too much personal info according to this poster. Maybe ATM installations aren't the best way to increase adoption.
Federal Investigations of Cryptsy Underway
Multiple agencies, including the Securities and Exchange Commission, the Internal Revenue Service, and the Criminal Investigation Division of the Internal Revenue Service, among others, learn of yet another cryptocurrency exchange engaging in 'failure to report gains appropriately, market manipulation, the sale of unlicensed securities, money laundering, and more."
Belize-registered Cryptsy International, managed by Project Investors, Inc out of Suite 101 Delray Beach, FL, purports to focus on the 'exchange of Crypto-Currency commonly known as “BitCoin” and it's [sic] derivatives' [the other 200 'different types of crypto-currency' traded by Cryptsy --ed].
Belize-registered Cryptsy International, managed by Project Investors, Inc out of Suite 101 Delray Beach, FL, purports to focus on the 'exchange of Crypto-Currency commonly known as “BitCoin” and it's [sic] derivatives' [the other 200 'different types of crypto-currency' traded by Cryptsy --ed].
From our sister thread:
Entertaining the goofy premise that 'ad-supported web' ain't working just fine and somehow needs to be saved:
If 21 gizmo preforms as advertised, it will mine $0.105 per day. A dime's worth of micropayments per diem ain't nothin' to sneeze at ...or is it? Sending that dime you've spent a day mining ain't free -- the tx fee, remember?
Find out more about 21 Inc Disruptive Device at CNN, a leading cryptocurrency news source (which is also for sale).
News URL : https://www.reddit.com/r/Bitcoin/comments/3ni092/how_bitcoin_could_save_the_web/
How Bitcoin could save the web
[With 21 Inc Bitcoin computer], micropayments become possible. Perhaps this will be the saviour of the ad-supported web. ...
Perhaps that 2 cent micropayment actually costs 3 cents in electricity...would you care or even notice?
How Bitcoin could save the web
[With 21 Inc Bitcoin computer], micropayments become possible. Perhaps this will be the saviour of the ad-supported web. ...
Perhaps that 2 cent micropayment actually costs 3 cents in electricity...would you care or even notice?
Entertaining the goofy premise that 'ad-supported web' ain't working just fine and somehow needs to be saved:
If 21 gizmo preforms as advertised, it will mine $0.105 per day. A dime's worth of micropayments per diem ain't nothin' to sneeze at ...or is it? Sending that dime you've spent a day mining ain't free -- the tx fee, remember?
Find out more about 21 Inc Disruptive Device at CNN, a leading cryptocurrency news source (which is also for sale).
Before The Fiddlers Have Fled: CCN is Looking for a New Strategic Owner
After two years in the trenches, the leading cryptocurrency news outlet CryptoCoinsNews is searching for an exit strategy 'a new strategic owner.'
With the current strategic owner unavailable for comment, your intrepid reporter ahpku, unschooled in the ways of high finance, sets out to learn just WTF a 'strategic owner' is.
Do you know, dear Reader? I bet you don't! What if you're an SBO and don't even know it? Many people are, you know!
Take this exciting quiz & find out!
Quiz provided courtesy of The Growth CoachⓇ Driving Success. Balancing Life™
Strategic Business Owners do:
(answer 1 for yes, 2 for no; add your answer to the previous sum, you may use pencil and paper.)
Answer [SPOILER, NO PEEKING!]:
If your answered 33, you may be an SBO! There's also a chance that you're not, and simply got a few of the answers wrong, because that would do it too. Or you can't do basic math amd just messed up on addition, who knows? The point I'm trying to make here is if you didn't answer 33, you're not an SBO, and CCN ain't for you. Or maybe it is, but not because you're an SBO. Now that I think about it, there must've been a better, terser way of saying this thing that I was trying to... Anyhow, 33 is the correct answer, and all other answers are wrong.
Also: absolutely nothing happening in bitcoinosphere, nothing. Might as well try to improve your quiz score.
After two years in the trenches, the leading cryptocurrency news outlet CryptoCoinsNews is searching for
With the current strategic owner unavailable for comment, your intrepid reporter ahpku, unschooled in the ways of high finance, sets out to learn just WTF a 'strategic owner' is.
Do you know, dear Reader? I bet you don't! What if you're an SBO and don't even know it? Many people are, you know!
Take this exciting quiz & find out!
Quiz provided courtesy of The Growth CoachⓇ Driving Success. Balancing Life™
Strategic Business Owners do:
(answer 1 for yes, 2 for no; add your answer to the previous sum, you may use pencil and paper.)
| 1 Have the mentality of an “I’ll do it myself” martyr 2 Embrace the critical word “leverage” 3 Dictate or scream 4 Leverage marketing and others’ talents 5 Expect to be a jack-of-all trades 6 Consider themselves workaholics 7 Achieve greater results with less time and effort 8 See themselves as a hands-on technician 9 Operate as control freaks 10 Work smarter, not harder 11 Work more effectively, productively, and strategically _____________________________________________________ | 12 Focus on the entire business 13 Focus only on the technical work of the business 14 Use only a time management system 15 Micromanage 16 Lead effectively 17 Develop business plans and procedures 18 Trust in their people and systems 19 Have a strategic mindset 20 Focus only on the technical work of the business 21 Use only a time management system 22 Utilize a priority management system _____________________________________________________ |
Answer [SPOILER, NO PEEKING!]:
If your answered 33, you may be an SBO! There's also a chance that you're not, and simply got a few of the answers wrong, because that would do it too. Or you can't do basic math amd just messed up on addition, who knows? The point I'm trying to make here is if you didn't answer 33, you're not an SBO, and CCN ain't for you. Or maybe it is, but not because you're an SBO. Now that I think about it, there must've been a better, terser way of saying this thing that I was trying to... Anyhow, 33 is the correct answer, and all other answers are wrong.
Also: absolutely nothing happening in bitcoinosphere, nothing. Might as well try to improve your quiz score.
Someone call the CEO of Bitcoin and ask why all those bearish news lately.
lol'd
From our bullish sister thread:
How did these criminal fiends bypass BitPay's 'high-tech security far superior to the traditional banking methods of today'?
Well, by offering CTO some concert tickets, and, subsequently, by asking the CEO to send them millions via email.
-Hello, CEO? It's me, CTO! Listen, need you to send some coin to this addy double quick, no time to explain!
-No prob, CTO, you're a standup guy, how much, bro?
-A million dollars.
-A million dollars?!
-What? It's not for me, it's for a client.
-Dunno, CTO, seems like alotta money...
-OK ok, how about 500K and we'll take it from there? Just hurry up, K?
*cough*
News URL : http://bitcoinist.net/bitcoin-superior-cashless-systems-used-today/
TL;DR: Bitcoin businesses [buzzword filler] offer high-tech security far superior to the traditional banking methods of today.
Uh huh...TL;DR: Bitcoin businesses [buzzword filler] offer high-tech security far superior to the traditional banking methods of today.
Bitcoin payments processor BitPay Inc. is the latest victim in a series of massive hacking scandals that have rocked the cryptocurrency community. The Atlanta-based Bitpay was hacked on three separate occasions in December of 2014. More than 5,000 bitcoins were stolen. Subsequent to this, BitPay sent a claim to its insurer Massachusetts Bay Insurance Company, and the latter declined to pay. The matter is now in court.
How did these criminal fiends bypass BitPay's 'high-tech security far superior to the traditional banking methods of today'?
Well, by offering CTO some concert tickets, and, subsequently, by asking the CEO to send them millions via email.
-Hello, CEO? It's me, CTO! Listen, need you to send some coin to this addy double quick, no time to explain!
-No prob, CTO, you're a standup guy, how much, bro?
-A million dollars.
-A million dollars?!
-What? It's not for me, it's for a client.
-Dunno, CTO, seems like alotta money...
-OK ok, how about 500K and we'll take it from there? Just hurry up, K?
*cough*
Die, Bankster, Die!
"Banks won't even help us drive them out of business! It's like they don't even care how we feel! They act like they don't owe us nothing, which they totally do!"--Australian bitcoiner who, predictably, requested to remain anonymous [the coward that he is --ed].
"Banks won't even help us drive them out of business! It's like they don't even care how we feel! They act like they don't owe us nothing, which they totally do!"--Australian bitcoiner who, predictably, requested to remain anonymous [the coward that he is --ed].
Bitcoin Criminals Target Australian Financial Sector
Banks Respond: GTFO Scumbags!
Banks Respond: GTFO Scumbags!
Quote from: http://insidebitcoins.com/news/bitcoin-criminals-target-australian-financial-sector/35055
Australian executives in the traditional finance are starting to get a bad taste in their mouths concerning Bitcoin. It seems that cyber-attacks involving digital currency ransoms are on the rise in the Aussie region, and banks are taking them seriously. On September 21, 2015, Australian banks sent letters to 17 native Bitcoin companies explaining that they would be terminating the companies’ bank accounts. The news came unexpectedly, and the banks gave no reasoning to why they sent these letters. We now know.
Russian Bear Fed Up With Bitcoin Bullshit
Russia's Ministry of Finance has developed a new version of its proposed law that would seek to both outlaw and apply criminal penalties for activities involving digital currencies, according to a report by Russian news source Interfax.
Citing sources from within the Russian government, Interfax reports that acquiring, selling and distributing cryptocurrencies would be punishable with fines of 300,000 rubles ($4,574) or through up to 360 hours of correctional labor under the new bill.
Should such infractions be committed by an agency or group, the fines for such activities would increase to 500,000 rubles ($7,623).
Citing sources from within the Russian government, Interfax reports that acquiring, selling and distributing cryptocurrencies would be punishable with fines of 300,000 rubles ($4,574) or through up to 360 hours of correctional labor under the new bill.
Should such infractions be committed by an agency or group, the fines for such activities would increase to 500,000 rubles ($7,623).
Dude... you've literally posted that damn picture in every single thread. How many places have you posted that thing? 10? 15?
Someone call the CEO of Bitcoin and ask why all those bearish news lately.
Hey, Bruce "Bruce Fenton" Fenton why all those bearish news lately?
Someone call the CEO of Bitcoin and ask why all those bearish news lately.
After blowing through all teh doh and some high-profile resignations,[1][2][3][4] the Bitcoin Foundation is effectively bankrupt. Who's left to call, Hyena? 
1. "Effective immediately, Mark Karpeles has submitted his resignation from the board of directors."
2. "I can no longer have even the smallest association with the Bitcoin Foundation"--Andreas M. Antonopoulos
3. "I am guilty of nothing and have never been convicted, or even charged, with a crime."--Brock Pierce
4. "I resigned within 2 hours of returning home from prison."--Charlie Shrem, back in prison
Someone call the CEO of Bitcoin and ask why all those bearish news lately.
Bitcoin [Still] Under Malleability Attack, Claims Coinkite CTO; Urges Caution
'This ... does not put [our customer's] funds at risk.' - Peter, CTO
'This ... does not put [our customer's] funds at risk.' - Peter, CTO
Quote from: https://www.cryptocoinsnews.com/bitcoin-attack-coinkite-reports-malleability-attack-urges-caution/
Transactions have been modified and rebroadcast with new transaction numbers, indicating a malleability attack. The attacks have occurred over the last 24 to 48 hours. Almost all transactions on the network have suffered the attacks.
Sure It's Awful, But Is It News?
Well... Here's what our cub reporter, Colin Mortimer, has to say on the matter:
'After analyzing the facts, it becomes apparent that Bitcoin is not destined to grow and mature beyond what it is today. Without a major overhaul of Bitcoin’s system and values, it is naïve to think that there will be widespread adoption.'
It's getting harder and harder to source top-notch Bitcoin reportage, dear Reader; not because nobody cares about bitcoin anymore -- for other reasons.
Well... Here's what our cub reporter, Colin Mortimer, has to say on the matter:
'After analyzing the facts, it becomes apparent that Bitcoin is not destined to grow and mature beyond what it is today. Without a major overhaul of Bitcoin’s system and values, it is naïve to think that there will be widespread adoption.'
Quote from: http://dailycampus.com/stories/2015/10/2/why-bitcoin-isnt-the-wave-of-the-future-after-all
Mainstream adoption is increasingly unlikely. Bitcoin originated in, and is still most popularly used by, illegal online businesses. Due to the lack of centralization and general anonymity, it is the currency of choice for the online sale of drugs, fake IDs and weapons. Bitcoin played a role in the emergence of the dark net – a “hidden layer” of the Internet whose illegal trades are fueled by the ability for Bitcoin to hide the actions of involved parties.
Concerns have also been repeatedly raised about its potential use to wire money to terrorist and criminal organizations. Bitcoin’s questionable and dark history gives it a negative reputation. These problems are due to Bitcoin’s lack of centralization, a characteristic that the currency desperately needs to shed if there is to be any chance of widespread adoption. In its current state, no government would adopt Bitcoin as a major currency.
Concerns have also been repeatedly raised about its potential use to wire money to terrorist and criminal organizations. Bitcoin’s questionable and dark history gives it a negative reputation. These problems are due to Bitcoin’s lack of centralization, a characteristic that the currency desperately needs to shed if there is to be any chance of widespread adoption. In its current state, no government would adopt Bitcoin as a major currency.
It's getting harder and harder to source top-notch Bitcoin reportage, dear Reader; not because nobody cares about bitcoin anymore -- for other reasons.
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