The Everything Bearish Thread - page 13.

ahpku

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Chinese Auto Giant Wanxiang Plans $50 Million Crypto 2.0 Fund
(Sit down bitcoin, this ain't about you.)

Quote from: http://www.coindesk.com/china-wanxiang-blockchain-50-million-fund/

"About two years ago, we saw the rise of blockchain technologies, and we started research and we were very optimistic about their prospects. We know that blockchain tech has a wide range of applications. We don't have any specific goals set yet, but we see opportunities."

The $50m fund, which had recently completed a purchase of 416,000 ETH (~$500,000), the native token on the Ethereum blockchain, will seek to support "all crypto 2.0 projects."

ahpku

sr. member

Activity: 294

Merit: 250

Dutch Bank’s Innovation Chief: Bitcoin Obsolete

Quote from: http://www.coindesk.com/dutch-banks-innovation-chief-dismisses-bitcoin/

"We want to prevent bitcoin's poor image reflecting on what we do with the blockchain, its underlying technology. We see many opportunities [in the blockchain]. Bitcoin itself is outmoded."

ahpku

sr. member

Activity: 294

Merit: 250

R3CEV Blockchain Project Adds 13 Banks

Quote from: http://www.coindesk.com/citi-hsbc-partner-with-r3cev-as-blockchain-project-adds-13-banks/

R3 CEO David Rutter suggested in statements that the startups approach to collaborating with the market to lower the cost of delivering new blockchain initiatives was a factor in the deal.
"The addition of this new group of banks demonstrates widespread support for innovative distributed ledger solutions across the global financial services community, and we’re delighted to have them on board."

inb4 'what does this have to do with bitcoin': Nothing. Nothing at all. Bitcoin is not even mentioned.
'Blockchain,' 'innovative,' and 'distributed ledger solutions' once meant bitcoin. Not anymore.

Darkbot

newbie

Activity: 59

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Quote from: rebuilder on September 29, 2015, 10:39:50 AM

Hey Lambie, how's it feel like acting like a human being for a change? Congratulations on your personal growth!

This guy is a bloody retard, no one shoud take him, his posts ore this thread for granted.

Karma is a bitch Kiss

ahpku

sr. member

Activity: 294

Merit: 250

Blockchain-Based Digital Cash Platform Raises $1.2 Million
*Bad news: Wrong Blockchain.

Quote from: http://www.coindesk.com/blockchain-based-digital-cash-platform-raises-1-2-million/

"Our platform is a permission-based blockchain that's licensed to and controlled by banks. We are not a technology service provider for banks and we don't handle any money – that's up to our bank partners, licensed money businesses and licensed exchanges."

ahpku

sr. member

Activity: 294

Merit: 250

Quote from: knight22 on September 29, 2015, 10:28:52 AM

What Ethereum has to do with bitcoin again?

I dunno.
Just assumed that the flounderings of the biggest bitcoin-financed crowdfunded project, the 'blockchain-based decentralized application platform [which] raised 31,529 BTC,' and is now struggling due to its failure to dump the raised BTC when said BTC was actually worth money, and the fact that most Bitcoin publications have covered this tasty morsel...
...well, I just thought this was somehow relevant to BTC Undecided

@rebuilder: This is a thread for posting/discussing 'bearish' news related to bitcoin. Much like our 'bullish' sister thread, though sans the self-moderation.
If you need to troll/incite/air your dirty laundry, please do it elsewhere.

rebuilder

legendary

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Hey Lambie, how's it feel like acting like a human being for a change? Congratulations on your personal growth!

knight22

legendary

Activity: 1372

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What Ethereum has to do with bitcoin again?

ahpku

sr. member

Activity: 294

Merit: 250

Tough Times For Ethereum; Frolics Canceled
Second-largest crowdfunded project in history, nonprofit Ethereum Foundation, faces financial woes, cuts jobs; Declining Bitcoin price to blame.

Quote from: http://www.coindesk.com/ethereum-bitcoin-decline-9-million-funding-shortfall/

"It is indeed true that the foundation’s finances are limited, and a large part of this was the result of our failure to sell nearly as much of our BTC holdings as we were planning to before the price dropped to $220; as a result, we suffered roughly $9m in lost potential capital."
--Vitalik Buterin, inventor of Ether (Not the the stuff that permeates all of space but really doesn't exist. That other stuff that doesn't exist.)

ahpku

sr. member

Activity: 294

Merit: 250

Quote from: ahpku on September 28, 2015, 07:32:43 PM

From our 'Bullish News' sister thread:
Good News Everyone!
There Is No Bitcoin Ban In Mexico
Actual headline, not even kidding.

Quote from: Fakhoury on September 28, 2015, 05:15:28 PM

Mr. President, SECURE THE BORDER!
News URL : http://bitcoinist.net/no-bitcoin-ban-mexico/

...

Jubilation premature.
Update:
Mexico Cracks Down On Bitcoin Use

Quote from: http://www.coindesk.com/mexicos-payment-restrictions-now-cover-bitcoin/

Following the Bank of Mexico's warning about the use of virtual currencies last year, the Secretariat of Finance and Public Credit stated that bitcoin will be subject to the same restrictions placed on some transactions involving cash or precious metals.

"... the use of virtual goods on an international level has resulted in a new way of transferring value via the Internet. For this reason, it is necessary to take action on a national level to identify and lessen the risks that any of these instruments be used to launder money or finance terrorism."

knight22

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Quote from: Fakhoury on September 28, 2015, 07:17:51 PM

Quote from: knight22 on September 28, 2015, 10:52:29 AM

Quote from: Paashaas on September 28, 2015, 10:13:29 AM

This thread is pure horseschit, it has it all; trolls, fudsters and idiots.

btw the Bullish version outweight this one by far.

Unfortunately bitcoin doesn't scale and gives no signs to get resolved. This is a bearish fact that outweight any possible bullish news IMO.

Maybe you don't have enough patience ?

Patience? Fidelity and NASDAQ are currently being pushed away and Core devs don't give a damn. Can't be more bearish IMO. I don't see why waiting forever will solve anything.

ahpku

sr. member

Activity: 294

Merit: 250

DigitalBTC Bids Adieu To BTC

Quote from: http://www.coindesk.com/digitalbtc-bows-out-of-bitcoin-mining-race-2/

"When we saw the big drop in the value of bitcoin, just like a traditional miner, we had to look for something else to do. We have been slowly winding down our bitcoin mining operations and we will be progressively moving away from using it as a currency."

Lol no, not with a name like DigitalBTC you don't.

ahpku

sr. member

Activity: 294

Merit: 250

From our 'Bullish News' sister thread:
Good News Everyone!
There Is No Bitcoin Ban In Mexico
Actual headline, not even kidding.

Quote from: Fakhoury on September 28, 2015, 05:15:28 PM

Mr. President, SECURE THE BORDER!
News URL : http://bitcoinist.net/no-bitcoin-ban-mexico/

@Fakhoury
Consider returning to your self-moderated thread, no need to shit up this one too.
Or back to peddling stolen MSDN keys, whichever. https://bitcointalk.org/index.php?action=trust;u=357170

Fakhoury

legendary

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Permabull Bitcoin Investor

Quote from: knight22 on September 28, 2015, 10:52:29 AM

Quote from: Paashaas on September 28, 2015, 10:13:29 AM

This thread is pure horseschit, it has it all; trolls, fudsters and idiots.

btw the Bullish version outweight this one by far.

Unfortunately bitcoin doesn't scale and gives no signs to get resolved. This is a bearish fact that outweight any possible bullish news IMO.

Maybe you don't have enough patience ?

ahpku

sr. member

Activity: 294

Merit: 250

Quote from: Mickeyb on September 28, 2015, 04:44:58 PM

...
What could we expect more from the nation where financial freedom doesn't exist. Where everything regarding finances is strictly controlled and where in order to move freely your money, you need to be a member of the rich oligarchy and then, after you pay to somebody surely, you are free to move your money out of the Russia and buy real-estate in London and Cote d'Azur.

Are you suggesting that the Russian proles lack sufficient 'financial freedom' for moving their money offshore? Were I to point out that said poor and downtrodden have no such money to move, due to being poor and downtrodden... no, that's beneath me.
Or are you bemoaning the plight of Russian upper crust, those who've accumulated sufficient sums to afford a modest 50-footer and a shanty on the French Riviera, but find their efforts repeatedly (and unjustly!) thwarted?

Regardless, a ban on bitcoin by a major power seems to fall squarely into the 'bearish news' category.
Oh wait... 'this is actually really good for bitcoin^TM"?

Mickeyb

hero member

Activity: 798

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Move On !!!!!!

Quote from: ahpku on September 26, 2015, 09:55:43 AM

Russian Bear Fed Up With Bitcoin Bullshit

Quote from: http://www.coindesk.com/russian-ministry-correctional-labor-penalty-bitcoin-crimes/

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).

What could we expect more from the nation where financial freedom doesn't exist. Where everything regarding finances is strictly controlled and where in order to move freely your money, you need to be a member of the rich oligarchy and then, after you pay to somebody surely, you are free to move your money out of the Russia and buy real-estate in London and Cote d'Azur.

OSCA

newbie

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Quote from: Paashaas on September 28, 2015, 10:13:29 AM

This thread is pure horseschit, it has it all; trolls, fudsters and idiots.

No wonder you're so angry...

Quote from: Paashaas on November 26, 2013, 12:07:19 PM

Hello all,

I never invested money in a company ore something else, untill today.. ... i just bought 3 BTC for around 1900 Euro witch i believe it is still a good price for a early adopter.

If i lose that money its hurting me a little bit of my own savings, i grinded that money by working in a fish company. No, i didn't went to a master economics school but my energy was exploding when i knew what BTC contains. I invested in BTC because it is really good for humanity in general. (i really hate banks)
...

You're not angry at the right people tho. You should be angry at the bitcoin pimps -- the ones who convinced you that buying their tokens at the height of the Bitcoin fad was a super good idea.

knight22

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Activity: 1372

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Quote from: Paashaas on September 28, 2015, 10:13:29 AM

This thread is pure horseschit, it has it all; trolls, fudsters and idiots.

btw the Bullish version outweight this one by far.

Unfortunately bitcoin doesn't scale and gives no signs to get resolved. This is a bearish fact that outweight any possible bullish news IMO.

ahpku

sr. member

Activity: 294

Merit: 250

Quote from: Paashaas on September 28, 2015, 10:13:29 AM

This thread is pure horseschit, it has it all; trolls, fudsters and idiots.

btw the Bullish version outweight this one by far.

For those incapable of finding positive articles in bitcoin publications and/or preferring to read such articles in .png format, the thread you mention is invaluable.
It's ideal for those who prefer to live in an echo chamber, abhor critical thinking, enjoy herd mentality, adore censorship, and seethe with hatred at dissenting opinions.

There's enough room in this forum for both threads. Vive la difference. Different strokes, as they say.

Paashaas

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Activity: 3463

Merit: 4429

This thread is pure horseschit, it has it all; trolls, fudsters and idiots.

btw the Bullish version outweight this one by far.

Topic: The Everything Bearish Thread - page 13. (Read 19457 times)