Topic: The Noose Is Tightening around Bitcoin (Read 405 times)

Obviously! Who gives a crap ass about what someone like this says anyway? He is just a definition of a witless middle aged man. At the end of it all, he will end up having to tell his kid the reason why he was busy spreading rubbish all over the internet, while his mates or those who are not even as old as him were busy investing in their future. Watch out in the next few decades, he had still be back in his panties, looking all ragged and giving us the whole story all over again.

Lol. I am sure he will be so firm in his stance until even his kids will tell him how dumb he has been one day or probably he will take his stance to his grave with his embittered soul, full of regrets of not investing in the future or being too old to be a part of it. Also, I am not surprise if he contradicts himself; they always do, since they talk most of the time without using any part of their brain. I would not blame him anyway; Rickards is just basically looking for attention.

So he does not believe but he does but then he kind of does? Yes that makes perfect sense, he is doing what every other people doing prediction does when he wants to be right, he wants to cover all the bases that way when something happen he can say he gave the right prediction and brag about it.

Well with allnthe fiasco to kick off 2018, i thinkmany people already learned their lessons, hopefully. So these types of fuds from just anyone isn't going to be taken seriously. Unless you're one of.those that didn't do your research before getting in to btc

Who on earth will listen to Rickard of all people. Even a parrot that talks a lot, still talks with a lot of sense than this guy. This is just one of those old punks who really do not even know that they have never had a single relevance and they absolutely will never have.

I wonder why people like this do not really respect themselves, hide in their towels, sit at home all day, watch the news and go to sleep until nature calls them out of this world. Oh! Of course!! He wants to gain 1 minute popularity again after a while of spewing rubbish that never happened? There! He just ended up having it.

I think it's a strategy of a frustrated individual who missed to invest bitcoin when it was still very cheap or maybe he just dishes the opportunity that time and could have bought it in volume. Sounds like he's just spreading FUD now to shaken those who are weak enough to panic sell their tokens. And with that, bitcoin will go down and this man will buy the dip.

And one thing, I think he also missed to buy the dip when bitcoin falls down to 6,000$ this month. 

Straight from when I started watching the video, I almost puked out of laughter. Look at his face like that of a kid in a confused state. Even a grain of salt has value than whatever comes out of this guy’s mouth. Hilarious indeed! There is a huge level of bitterness written all over his face.

He actually thought this recent correction could have resulted to a crash at $200, so he could manage to buy, but then, he is seeing it bouncing back strong, decided to make a stupid video and thought anyone would care what he says. He should try again.

As much as I hate it when people spread fud, I'm actually kind of grateful for it, at times, because it's a good way for the community to get together and prove fallacies in the fud itself. It's often countered with much better research and alternative links to learn more about why the fud is bullshit. As much as unwarranted fud hurts crypto, I think it helps crypto as well for two reasons:

First, it shakes out the non-believers. The greedy bitcoiners who heard about how it's going to moon, and wanted to get in before it really pumps...

Secondly, it makes the true enthusiasts that much more willing to fight to disprove the fud by providing facts, as well as opinion. But all-in-all, it allows us to come together as a whole to build up the crypto community even more.

With that said, this video is HILARIOUS. I especially love the part where he narrates the scenario:

"Your toast just popped out of the toaster... At the same time, the familiar whistle of your teakettle hints that you're ready to pour the hot water into your instant coffee... The sun is shining through your kitchen windows, casting a slight shadow across your island. It's 7:13 a.m., Tuesday, April 17. And what seems to start out like any other day of your life... Is about to take a wicked turn you'll never forget."

  HAHAHAHAHAHA oh man, this guy's life just sounds so sad.

But realistically speaking, in order for Bitcoin to hit $200? It's very unlikely that this can happen, even if the US government makes Bitcoin illegal, as this douche is claiming. He's also claiming that the entire markets will crash on this day?

I don't know about you guys, but it sounds like Bitcoin and cryptocurrency will actually THRIVE in this type of economic disaster. If and when fiat currency turns to shit, and you can't use a stack of hundred dollar bills to buy a loaf of bread, guess what will be able to be used to buy that same loaf of bread? Bitcoin.

This douche obviously has no idea what he's talking about, or the effects that Bitcoin actually has on global economy. He may know how fiat currencies operate, but he has no clue about how cryptocurrencies do.

No matter what you guys said we would still holding our coins. Many of you promoting panic news all over the Internet has one aim and that aim is for the weak hand to sell out of panic. If we continue to follow the evils news you guys are posting we would not focus our attention on the good things that bitcoin can do and were price ought to be before end of the same April.

A newbie account spreading bad news... Sounds about right.

I got curious, watched the vid:

video title said right from the start, seems legit (fingers crossed).

He has a nice haircut. Story checks out.

The American government does in fact have the power to crash its economy, they have been doing that for some decades even without even trying so if they want to do it in purpose then they will succeed, what I do not see is how are they going to crash the price of bitcoin? When the economy suffers investors look for assets not connected to the markets, so gold and real estate go up in value and since bitcoin is designed to be independent of government control I assume in an scenario like that bitcoin will gain value.

If the dollar system collapses, Bitcoin will go up. And if they try to purposely dump Bitcoin into oblivion, it doesn't matter, there are a ton of people dreaming with lower prices. It will quickly bought up again. Nobody but braindead idiots would sell their BTC for 3 figures ever again.

Once again, Bitcoin has a limited supply. The governments can't change that. There will always be a demand for a global decentralized digital gold. The governments can't change that.

Conclusion: demand + shrinking supply = price always goes up in the long term.

He not only contradicted himself, but as Giancarlo told the US Senate, it's impossible to have blockchain technology without cryptocurrency, because the purpose of the blockchain is to move coins and record cryptocurrency transactions.

If they are going to do that, they need to strengthen the dollar first.

Whoever (probably American) posting this has too much confidence in the importance of US on something as global as bitcoin. Even if US completely bans BTC, BTC is not going to usd200

I think you’re spot on. He hasn’t been able to sell his books on the end of the world to mainstream investors so he’s going to try and milk the teat of the crypto world. Well Mr. Rickards, fuck off we ain’t buyin it.

But if that doesn't happened, i think he will probably make some excuses and gradually eat his own words. He wanted to spread FUD because maybe he just missed the dip lately and so he wanted bitcoin's price to go down again.

Great catch! I really woudn't have believed it either way, but it's nice to have a peek on his motivations. He has already predicted the economy to fail quite a few times, so it only makes sense for him to jump on the bandwagon of crypto. He even (again) tied it to a global market collapse. Man this guy is hilarious.

I'm guessing he will release a book on crypto soon? I mean, he did single out Bitcoin, so he could advise his followers, if he even has any, to take shelter on other cryptos to avoid the inevitable collapse.

Look at this douche nozzle:



He’s just pissed off because he hasn’t gotten laid since 1973. He missed the bitcoin boat and now he wants to buy in cheap so he’s talking a lot of shit about bitcoin. His predictions have been wrong about 80% of the time. I don’t know why anyone would buy one of his books because he’s a known scammer.

Source: https://www.sandiegocan.org/2016/12/01/scam-alert-resisting-rickards-road-to-ruin-gold-racket/