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Topic: Who Killed Bitcoin?? Greed? Government? Fraud? Idiocy? (Read 602 times)

sr. member
Activity: 481
Merit: 251
No one killed Bitcoin. What is happening now is a natural process and many advanced traders understand this.
full member
Activity: 252
Merit: 100
The Standard Protocol - Solving Inflation
It is not easy to kill bitcoin. It is also not easy to achieve this. I think there is no question of destroying bitcoin. Everyone tried to hurt bitcoin by doing a lot of disparaging fraud, but they did not succeed. Governments cannot attempt to destroy it either. millions of people are in this market. these people cannot be ignored. bitcoin is a technology. ignoring technology does not make much sense to oppose. Opposing technology means falling behind. Recently, governments want to prepare the ground for bitcoin. because a substantial mass is involved in this business. There is no such thing as the disappearance of bitcoin. unless it perishes itself.
full member
Activity: 532
Merit: 104
The more Bitcoin-related scandals, the more people know about Bitcoin.
For years Bitcoin has been reported on the internet, television, MLM investment sites ... Bitcoin is criticized by economic experts, criticized by the government ...
Bitcoin is not dead, bitcoin is stronger and we currently see a value of 57k $ per Bitcoin.
full member
Activity: 420
Merit: 100
 think the killer of ether and bitcoin is doge coin 😅 Although it's no joke, the bnb coin and their blockchain perform well on the market! So soon, bnb may be the new bitcoin.
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
I would be honest if I say that your post is a bit disconcerting and it frustrates me that you have downplayed this coin that has already made miracles in the fintech industry. First of all, by calling it "King of all Shit-coins" you are already alienating yourself to so so many people, and I really think that you do not care about that anymore. Maybe it would be better if you can try to lay down your proof of this madness that you are talking about and maybe we will try to listen.
member
Activity: 149
Merit: 12
Bitcoin is still here, why you decided that someone killed it? Yes, there are a lot of greed people but bitcoin is here to stay
sr. member
Activity: 882
Merit: 269

They won't do it. If they want to ban Bitcoin around the world, they should already do it from the beginning. Not all countries hate Bitcoin, some countries are even quite friendly with Bitcoin because it can provide jobs for society. It means Bitcoin is helpful for people since it offers income. In fact, more people are trying to join Bitcoin trading and investment nowadays.


Shutting down bitcoin was so impossible know why because the good thing about it was not all the government or country are against with cryptocurrency. The mere fact that there are countries who open for the adoption of crypto especially bitcoin was enough that the government has nothing to do with killing or to shutting down the cryptocurrency. And also there are more investors to come and big investors who discovered bitcoin as a good investment too like Tesla.
legendary
Activity: 3122
Merit: 1140
I just afraid about Government, i think if they want they can shutdown bitcoin anytime with ban it in all countries
They won't do it. If they want to ban Bitcoin around the world, they should already do it from the beginning. Not all countries hate Bitcoin, some countries are even quite friendly with Bitcoin because it can provide jobs for society. It means Bitcoin is helpful for people since it offers income. In fact, more people are trying to join Bitcoin trading and investment nowadays.

Banned in all countries? It wont be possible because not all government would really be having the same mindset towards bitcoin and they would really differ on that part which means

there might be some who would ban but there would be some who would accept and theres no such thing about some unity on agreeing the same thing.Some will really be
prioritizing its benefits rather than actually seeing into its con's which some government do really been afraid of.
legendary
Activity: 2422
Merit: 1140
duelbits.com
I just afraid about Government, i think if they want they can shutdown bitcoin anytime with ban it in all countries
They won't do it. If they want to ban Bitcoin around the world, they should already do it from the beginning. Not all countries hate Bitcoin, some countries are even quite friendly with Bitcoin because it can provide jobs for society. It means Bitcoin is helpful for people since it offers income. In fact, more people are trying to join Bitcoin trading and investment nowadays.
full member
Activity: 644
Merit: 101
Ecowatt.io
Hello everybody. Perhaps I missed something - but at any price, Bitcoin will be one of the most attractive projects in the world. It may seem strange - but everyone is just trying to make money on Bitcoin, even scammers. No one killed Bitcoin, and there is not even such an opportunity, and not good luck in trading or the loss of deposits is not a reason to pour out your worries on the entire forum - you need to gain strength, revive Bitcoin in your head and revive faith in yourself and everything will work out. Good luck everyone.
full member
Activity: 1638
Merit: 167
Buzz App - Spin wheel, farm rewards
The number of bitcoin users is increasing every day. there are millions of people who use bitcoin to make a living. It is very unlikely that Bitcoin will die bitcoin will not die even if the government and country forbid it.
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
Bitcoin is almost unkillable. Unless there's no more electricity to be use. Also If it's already dead then it goes without saying that the price value will be Zero. But the currest price indicate the opposite.
OP is just probably trying to spread FUD about bitcoin and you are right that bitcoin is virtually unkillable since there is electricity. To OP, how is bitcoin dead to you? Is the pump in the prices a sign that spells the death of bitcoin? If yes then probably not a lot is going to agree with you.
full member
Activity: 616
Merit: 102
Bitcoin is almost unkillable. Unless there's no more electricity to be use. Also If it's already dead then it goes without saying that the price value will be Zero. But the currest price indicate the opposite.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
Lol how did you come up with all these bullshits? Lmao, I really laughed reading most of the things you just said. You should stop reading conspiracy theories. Not good for people like you. Messes with your brain.
Greed - It goes without saying that the original satoshi-btc, was about privacy, anonymity, and being your own bank. Today BTC (core old farts) have sold us out, and bent over to every request by GOV to track bitcoin, and make it into a 'chain', be your own bank my ass. Why did they sell us out, because they got rich, they were promised riches BTC to the moon, if you cooperate with the FBI, CIA, IRS, FATCA, ...
Uhh.. what? You make no sense at all. You do realize that bitcoin was always trackable? It was never meant to keep us anonymous.

But BTC is dead, its just the King of All Shit-Coins, and its utility by the people who created it, no longer need it, now they're desperate to get the other 9,000 alt-cryptos under control. The early logical move was to get all the 'sheep' in one place say 'bitcoin' that has failed, while lots of people are dumb, lots of people made side bets on real alt-privacy coins.
In the recent years the alt-privacy coins have made much more ROI than BTC, but these are things that go unsaid in the world of BTC bullshit.
Then what are you doing over here? Trying to shill for altcoins? So according to you, coins that make "much more ROI" is a good coin? Then what about those shit coins that gets manipulated and pumped 100x in a day? They all better than bitcoin?
hero member
Activity: 2184
Merit: 531
if you must know the cause of the BITCOIN failure,

What? Bitcoin is up 5x since last year!

Are you trying to tell us that this great thing that is making us filthy rich every 3 years is a failure? Good joke man!

I also like when people say fraud and money laundering all the time.

Listen up. Every teenager has done some money laundering in his time. You are supposed to tell the government about every money that you earn. If you get a summer job and don't report it it's a tax fraud. Who really reports that they earned some money mowing lawns or selling lemonade? Cheesy
legendary
Activity: 1974
Merit: 2124
There are many like you who post such things on forum on frequent basis and main reason for your frustrations is that you have invested in bitcoin at wrong time when prices were higher in search for high profit and were being too greedy and when prices fluctuates or dump then you try to create FUD and negativity like that Bitcoin is dead and all other nonsense talks.It just took 12 years for Bitcoin to reach $60k mark and market cap of $1 trillion and now major banks, government and institutions are investing in bitcoin as they know Bitcoin is becoming main store of value and payment method for digitalization.Bitcoin don't need you or your stupid thinking so just move away from the market if you don't like bitcoin or crypto market then you are free to move away with your thoughts.We all know that you want to invest at early stage but now you regret in frustration.
hero member
Activity: 1344
Merit: 502
Shut coin by cause the Bitcoin flash crashes. Billions of dollars have been put in to 'shitcoins' with absolutely no use case away from genuine projects that have been developed over years. The space has gone from an impactful creative financial market to a market full of cash greedy people with almost no concept of Cryptocurrency never mind a Whitepaper.

Buy now. If lower later, buy more. It won't matter when btc is $500k+. 21 million for the entire world to share...to escape the constant devaluation of fiat currency. If per say, the world wants to maintain the value of $1T, that's $47k per coin. How many trillions in wealth is there on the entire planet? Easily $5T to $10T in wealth to be protected imo. Think about that...
jr. member
Activity: 180
Merit: 5
How many times BTC was"killed"? Lol. It's always funny to read this treads and news.
sr. member
Activity: 668
Merit: 257
There are really some sort of individuals who will arise and state that Bitcoin will die sooner or later and some will state that Bitcoin is already dead when in reality Bitcoin is alive and kicking and is still into a wide use by many of us here in crypto space. Bitcoin will not be dead due to those reasons like greed, government, fraud and idiocy because all of those reasons are problems within people so such things are being carry out only by people and that will make no sense to kill Bitcoin because of those.

It is not so far-fetched that one day Bitcoin will be history. It is as true as on day paper money will be history and maybe even FIAT money. Almost any technology gets outdated some time in the future. There are very few that are extremely resistant to change, such like the wheel. Bitcoin may be such a resistant technology.
legendary
Activity: 2674
Merit: 1226
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You know now I just think about it. Greed, government, fraud and idiocy actually didn't kill Bitcoin but helped make it stronger.

If we didn't have greedy speculators entering the market, we wouldn't have demand.

If we didn't have governments banning it, many more wouldn't have heard about it.

If we didn't have fraud, we wouldn't have people looking deeper to understand fraud-free networks.
full member
Activity: 564
Merit: 100
I think the greed and fraud are Bitcoin killers. Investors are fearful if they give up a large amount to buy Bitcoin but encounter scammers, they will lose them all. We all hope everyone entering the Bitcoin market is both true and intellectual business people.
sr. member
Activity: 1274
Merit: 293
No one can kill bitcoin, bitcoin will still be there forever, the government always tried to do things that can kill bitcoin but they end up giving up, maybe the internet would be the only reason to kill bitcoin, if there is no internet worldwide then no one can access b bitcoin. People are the who died because of bitcoin, greediness makes them died or lose their money in bitcoin, there are a lot of people especially who lose money because of being greedy in a way that they easily believe on a scam website or sometimes on day trading.
No one has killed bitcoin but saying that it will still be here forever is pretty far fetch concept since it is really difficult to wrap our heads in terms of time. I don't think that there is any way to kill bitcoin because our civilization is entirely dependent on electricity and Internet where bitcoin resides and Internet is dependent on electricity so the only way to kill bitcoin is to basically turn us back into a stone age living condition.
member
Activity: 182
Merit: 30
No one can kill bitcoin, bitcoin will still be there forever, the government always tried to do things that can kill bitcoin but they end up giving up, maybe the internet would be the only reason to kill bitcoin, if there is no internet worldwide then no one can access b bitcoin. People are the who died because of bitcoin, greediness makes them died or lose their money in bitcoin, there are a lot of people especially who lose money because of being greedy in a way that they easily believe on a scam website or sometimes on day trading.

NSA created SHA256&SECp256k1, anytime that the NSA releases the info on the 'back-door' into the wild, absolute pandemonia would result in Bitcoin being broken up into a quadrillion little pieces over night,

Not saying they'll do this anytime soon, MIL is loving this; They're getting rich too like everybody;

Every GOV on earth is making money off BTC, FBI/IRS stealing BTC from silk-road and various other 'mixers', its endless law-enforcement see's bitcoin as a permanent xmas party fund for life. LEO used to have to stop car's and look for cash to steal money, now they can go online and 'steal' just like a common criminal.

'They' can shutdown BTC anytime they wish, now is NOT the time;

Today BTC is "Too Big To Fail", I suspect they'll let another $10T flow into BTC before they pull the plug, remember; They want a 'reset', but they don't want GOLD to go astro, because that would enable the 'little people'

The entire operation of BTC is to funnel excess cash-wealth away from gold and real-assets into intangible IMF-BIS funny-money, where it can be evaporated.

Post reset will be CBDC, with China having the most 'Gold Backing'; The masses in the USA who manage to stay alive will get CBDC deposited to their ATM-cards, just like stimmy-checks today, who will the blame on the bTC collapse?? Probably Russia, that's generally been the WOKE-CIA narrative all along. Russia doesn't care, they're just happy to see the US-Dollar Reserve system implode.
full member
Activity: 574
Merit: 125
No one can kill bitcoin, bitcoin will still be there forever, the government always tried to do things that can kill bitcoin but they end up giving up, maybe the internet would be the only reason to kill bitcoin, if there is no internet worldwide then no one can access b bitcoin. People are the who died because of bitcoin, greediness makes them died or lose their money in bitcoin, there are a lot of people especially who lose money because of being greedy in a way that they easily believe on a scam website or sometimes on day trading.
sr. member
Activity: 1918
Merit: 370
Bitcoin already died a few hundred times in the span of 11 years. To say that it will die off forgotten on this one is a huge fallacious insight. Thing is, as long as people are aware of what bitcoin is, it will persist to exist and be there for the people, regardless of how many supports it or not, as long as there is someone out there with a mining rig, or perhaps a person on reddit making a long post about why bitcoin is the future, there will be people who will buy and support bitcoin.
member
Activity: 182
Merit: 30

Just like what Pmalek stated, it is just people saying that Bitcoin died just because the bubble bursted.
Same could be said when Bitcoin declined back to 4k from 7-8k.



PRICE is not how you measure anything, even a human-life (human slavery #3 biz for CIA) or a kitten is not-pronounced dead if its trade value drops

Gold has dropped 90%, and nobody said 'gold was dead'

I'm talking about the fact that bitcoin has been stolen by criminals both in the wild, and in the GOV.

All the original libertarians 'promises' of bitcoin have turned out to by LIES, that's what killed bitcoin, not a damn thing about price.

It's no longer private, it ain't anonymous, its nothing but a 'racket' for street criminals to rob morons; Its nothing but a front for the tax-collector (IRS-COINBASE) to rob morons

It's nothing but a racket where the IMF re-directs infinite FIAT away from GOLD into funny-money, aka virtual-currency.

It's nothing but a racket, where fee's of $150 to transfer $1 are common, and all fee's are kept by Chinese miners, in CHina; Just a transfer of wealth racket.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
There are really some sort of individuals who will arise and state that Bitcoin will die sooner or later and some will state that Bitcoin is already dead when in reality Bitcoin is alive and kicking and is still into a wide use by many of us here in crypto space. Bitcoin will not be dead due to those reasons like greed, government, fraud and idiocy because all of those reasons are problems within people so such things are being carry out only by people and that will make no sense to kill Bitcoin because of those.
sr. member
Activity: 1218
Merit: 279
Bitcoin is not dead. But the Government is just trying to put an end to it, which I don't think can be possible because Bitcoin is not controlled by  anybody. Government placing a ban on bitcoin literally means they are creating negative image about it. The price of Bitcoin just dropped, which has been happenig. And with time, it will surely bounce back.

Even with Government banning it, buyer and seller have been trading with P2P.
sr. member
Activity: 1848
Merit: 341
Duelbits.com
therefore Bitcoin cannot be controlled by anyone, be it governments, institutions, and certain large companies. so we need to fight those who are trying to control Bitcoin, because that way Bitcoin remains decentralized and not centralized by any party.
sr. member
Activity: 1610
Merit: 264
Nobody can afford to kill Bitcoin, even when governments oppose it, bitcoin thrives.
A few days ago Bitcoin made an all-time high when it reached a price of $ 60000.
So what makes you think that BTC is dead?
Well Bitcoin would still be Bitcoin in the end.
We already got Orbituary of it of course.
I believe someone even made another website of that but with more relevant info. Cheesy

Just like what Pmalek stated, it is just people saying that Bitcoin died just because the bubble bursted.
Same could be said when Bitcoin declined back to 4k from 7-8k.

I just afraid about Government, i think if they want they can shutdown bitcoin anytime with ban it in all countries and people only can use it by P2P and no more exchanges that can be opened because no permission from Government. Although people still can use it and can use it P2P but it will really affect on bitcoin community itself.
VPNs are there, mate. You don't need to be afraid of everything.
Pretty sure social groups would form composing of Bitcoiners if that happened.
sr. member
Activity: 903
Merit: 391
I just afraid about Government, i think if they want they can shutdown bitcoin anytime with ban it in all countries and people only can use it by P2P and no more exchanges that can be opened because no permission from Government. Although people still can use it and can use it P2P but it will really affect on bitcoin community itself.
full member
Activity: 325
Merit: 101
Bitcoin is not dead, never! how long have you known bitcoin ?? look what happened to him? Governments and certain groups that are trying to attack their bitcoin development are swallowing their own saliva. The pros and cons are always there will never end, but the strength is in the hands of each of us and that is what keeps bitcoin alive today.
full member
Activity: 759
Merit: 105
OP is in trouble for sure because how the way he almost curse bitcoin to the point that it would crash instantly. Grin
You shouldn't be here in the first place if you think bitcoin is for something like that and go invest to whatever shit coin you think you could invest. Whatever fud or hate you make bitcoin will still be the same and the price will continue to grow in the coming years. Wink
legendary
Activity: 2030
Merit: 1189
As evidence, the collapse of the Bitcoin market over the past two days is largely due to the impact of Joe Biden's proposed bitcoin tax.
I wouldn't yet term BTC's market volatility a collapse. Yeah, you could say that the MIGHT increase in capital gain tax proposed by Biden has had some contribution to the market spiralling but let's not forget that with BTC ~50K we can't really say its collapsing...
member
Activity: 238
Merit: 54
I think only transaction price can kill bitcoin. I know there are many ways to make transactions. But one day it will cost a lot and it will not have any sense make bitcoin payment.
sr. member
Activity: 481
Merit: 251
Bitcoin is not dead. Don't think like that. The price drop occurs periodically. Look at the graphs.
full member
Activity: 994
Merit: 105
Are you new to trading?
Are you panicking? If you panic, sell immediately then don't have to follow suit. Bitcoin is only for people who are interested in buying it.
Don't assume that Bitcoin is regulated by someone. Don't create information that makes people panic, causing prices to drop further. But I think the information you provide is interesting too hmmm Huh Huh
legendary
Activity: 3234
Merit: 5637
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I'm just saying this "Sell Out" is the death of the BITCOIN Satoshi Mythology. Compeche?

Of course I understand what your agenda is on this forum, the same one that people like Roger Ver or Faketoshi (CW) have been trying to implement for years - Bitcoin is no longer what Satoshi imagined, let's make our own Bitcoin. Experts like you have been attacking Bitcoin since day one and have achieved nothing, you are just one in a series of trolls whose opinion can only be appreciated by those who have no idea about anything.
member
Activity: 182
Merit: 30
I suggest that the OP add its contribution to the "Bitcoin is dead" agenda, and to try to educate himself in some serious places than those he visits regularly. Some people sometimes promote conspiracy theories, others obviously live in them constantly.





I suggest that you not respond like a bot with non-contextual generality, I suggest you respond to the premise; That weak minded men running btc-core, have sold out to the ptb to get rick quick.

I didn't say "Bitcoin Dead" I said the bitcoin team Evangelism/Marketing sold us out to IRS, FBI, IMF, in exchange for some USD fiat, something that they claimed in 2009 to hate.

They killed Bitcoin, by making it into just another virtual-gimmick found on the stock-market like "GLD" that doesn't even represent real gold, as they trade 100X their holdings.

Now BTC is represented by futures, and ETF's so it to will have its price-discovery made by Wall-Street, but you will all agree this is a good thing, cuz it makes you all rich.

I'm just saying this "Sell Out" is the death of the BITCOIN Satoshi Mythology. Compeche?
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
bitcoin is not dead, at this point there is a lot of bad news that can destroy the popularity of bitcoin so that the price goes down. investors greatly influence the price of bitcoin in the crypto market, I think all of these problems start with investors who want to buy bitcoin at a lower price. at this time we are just being patient and waiting for the price of bitcoin to rise instead of selling it at a cheap price and we will regret it at a later date.

Indeed. Best to keep your asset and let this downtrend to pass after while those bad news will changed to a better
one and it will bring the hype back.

A lots of people lose their money by following fuds and regret when the bull pump bounce back and make another
huge run inside the market.
hero member
Activity: 2268
Merit: 588
You own the pen
Your post is very informative and most useful for the present time.  Every issue you mention is enough to stifle Bitcoin.  If the government of a country wants, it can destroy Bitcoin.  Greed is enough to destroy bitcoin.  As evidence, the collapse of the Bitcoin market over the past two days is largely due to the impact of Joe Biden's proposed bitcoin tax.

They rush to proposed to get tax on it which likely the result of panic selling these last few days. now no one knows when will the price of bitcoins in the market stop dropping. This time it's all the big whales shot. if one of them will sell, the price will more likely go back to under $20,000 again or worse. we should know that before we reached this high we had lots of tragedy and disappointment, it's so sad that the price is dropping again in uncertainty.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
There are several flaws in your post.. OP.

The developers of Bitcoin (BTC) never gave up ANY of the core principles of Satoshi Nakamoto. When you use it without third party services, those principles are still in tact. Yes, some developers like Gavin and Mike tried to sabotage it, but they failed.

Governments have always had the upper hand, because they make the laws, but people still have power. (Use your vote and creativity to get around some of the restrictions)

You know the saying... "Shit draws flies" ..... well "currency" has value and it will attract the attention of criminals. (Nothing with value has escaped that)

Lastly, you talk about other Alt coins giving a higher Return on investment than Bitcoin.... well that would be right, if you are focused on profits and not using this technology as a currency. (None of these shitcoins has the network of services that accepts it as a payment option, so BTC care less about being the top PROFIT maker, but rather being the most widely used coin)  Wink
full member
Activity: 550
Merit: 100
No one will kill Bitcoin!

Only bitcoiners kill themselves by their decisions. They can make suicides by themselves and believe me, before they self-experience something bad, they won't listen to opinion, advice of the others.

If all people are open-minded and readily to learn from the others, especially from senior and experienced people, the world does not have different classes, the rich and the poor.

Bitcoin and bitcoin market are mirrors of real life and they reflect how the Bitcoin ownerships are changed hands, switched from the poor to the rich. The rich get richer and love Bitcoin more. At the same time, the poor get poorer and might hate Bitcoin.


Back to the first sentence. It is because where is electricity, internet connection and rigs, anyone can set up rigs and mine Bitcoin. Mining is the core element for Bitcoin network operations. Is it a Proof-of-Work network, isn't it?

No one will put you into jail if you set up your rigs to mine Bitcoin.
sometimes there are many people saying a statement as if someone is trying to kill bitcoin or the like, basically bitcoin character is strong in the crypto market. It's not easy for bitcoins to be killed or destroyed. the most appropriate is that someone was killed because of bitcoin, usually because of the loss factor against bitcoin.
hero member
Activity: 1778
Merit: 722
Leading Crypto Sports Betting & Casino Platform
What do you mean by killing bitcoin? none killed bitcoin and I sure none can do such thing at lest since this time I'm writing this post due to several reasons you can't kill/shut down it and no matter how strong you are. By killing bitcoin if you mean the recent price correction, I should say that's really normal because after each bullish price movement the market the price need to do a correction according to the market situation to save some more potential and reach higher levels. In other words, you can't expect the price to always rise and reach a new ATH. sometimes it need a correction and it's totally normal, none killed anything.
member
Activity: 182
Merit: 30
I think the killer of ether and bitcoin is doge coin  Although it's no joke, the bnb coin and their blockchain perform well on the market! So soon, bnb may be the new bitcoin.

Historically to 2009 BTC was a nerd coin, then post 2014 became a scam-coin, then post 2020 became a mainstream 'Goldman Sacks' shit-coin

It's no joke that the robin-hood traders think that BTC is orchestrated, & pumped by old farts. Boring, and when things get boring, expect for a new kid on the block to rule the roost.

Given that the geriatrics controlling bitcon.org have slept with the IRS, FBI, and NSA; Given that post-millenials don't trust post COVID, they know that the agenda is euthanasia, I think that the smarter survivors will adopt a coin for long-term survival.

The old farts running BTC think that they're going to live forever on the blood of children, think MUSK&Thiel, google "parabiosis" don't have to make this stuff up, modern vampires.

Remember, the reason Thiel(palantir-cia) and Musk Paypal, are the leaders of BITCOIN in public is they're the poster boys for the new normal. Think "Matrix"



Your post is very informative and most useful for the present time.  Every issue you mention is enough to stifle Bitcoin.  If the government of a country wants, it can destroy Bitcoin.  Greed is enough to destroy bitcoin.  As evidence, the collapse of the Bitcoin market over the past two days is largely due to the impact of Joe Biden's proposed bitcoin tax.

All of these things are not able to destroy the bitcoins. News like bitcoin ban in certain countries or tax being imposed on bitcoin may have a temporary negative impact but in the long run no one can stop the growth of bitcoin. I prefer to listen to good news about bitcoin adoption and ignore all the negativity which is being spread about bitcoin.

Satoshi(NSA) specially chose weak parameters for Bitcoin, both SHA256&Secp256K1, have limited lifetimes before they can be broken by the general public, then BTC goes to zero.

The CHINESE cbdc will have explicit expiration dates, BTC its sort of hidden, even the NSA didn't know for sure when SHA256 & SECp25K1 would be broken by public.

BITCOIN allowed the GOV ( BIS-NSA-IMF) to normalize crypto-currency, now that its an accepted thing, GOV all over the world will release their own crypto's into the wild. Not unlike today where all gov's unleash their own FIAT to infinity.




Why is it that every time the charts are in red, someone comes along claiming the bubble is finally bursting because of [insert reasons]? When the price is rising, it's all good, but when it's going down we are all going to die.

Many factors have contributed to the recent decline in BTCs value:
  • The flooding in China that put some miners out of power and unable to mine.
  • The money laundering investigation announced by the US government.
  • Biden's plan to increase taxes on those earning over $1 Million/year.
  • Just a normal correction following months of positive price movements.

All this will pass and be forgotten, and so will the stories of bitcoin being dead.

Well its back up to $52k, so somebody is buying.

Does anybody think the FED will bail out BTC? Now given that so many institutions are using BTC as 'cash savings account', and the past weeks loss of -25%, and now -20% at $52k

The pain is going to be felt Monday AM in NYC. Right now, its denial 'HOPE' that BTC goes back up, before the 'investors' are told of their losses, for right now, nobody knows really which large institutions are setting on the losses.

This  post isn't even about BTC price, its about why the BTC-ORG chose to get in bed with the US-GOV? Defying the very reason for BTC being born in the first place.

[moderator's note: consecutive posts merged]
full member
Activity: 640
Merit: 104
bitcoin is not dead, at this point there is a lot of bad news that can destroy the popularity of bitcoin so that the price goes down. investors greatly influence the price of bitcoin in the crypto market, I think all of these problems start with investors who want to buy bitcoin at a lower price. at this time we are just being patient and waiting for the price of bitcoin to rise instead of selling it at a cheap price and we will regret it at a later date.
newbie
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Market may move up or down based on trading volumes and other factors.
full member
Activity: 854
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Trident Protocol | Simple «buy-hold-earn» system!
Fear of not being able to control money in governments hurt bitcoin. But they too will now admit that bitcoin is a reality. They have to. At first, the US government will accept this.
sr. member
Activity: 2030
Merit: 356
Your post is very informative and most useful for the present time.  Every issue you mention is enough to stifle Bitcoin.  If the government of a country wants, it can destroy Bitcoin.  Greed is enough to destroy bitcoin.  As evidence, the collapse of the Bitcoin market over the past two days is largely due to the impact of Joe Biden's proposed bitcoin tax.

All of these things are not able to destroy the bitcoins. News like bitcoin ban in certain countries or tax being imposed on bitcoin may have a temporary negative impact but in the long run no one can stop the growth of bitcoin. I prefer to listen to good news about bitcoin adoption and ignore all the negativity which is being spread about bitcoin.
legendary
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I suggest that the OP add its contribution to the "Bitcoin is dead" agenda, and to try to educate himself in some serious places than those he visits regularly. Some people sometimes promote conspiracy theories, others obviously live in them constantly.



member
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Let's create the Indie Metaverse!
Bitcoin is not dead yet. However, a decentralized currency will always be viewed as a threat by all governments who are not able to control it. Given, that few countries are in the process of issuing a centralized cryptocurrency of the state, such as China with the Digital Yuan, it is likely that Bitcoin will be outlawed by the governments (in a phased manner with window for conversion).

Further, Bitcoin doesn't have an identity apart from being a currency whereas cryptocurrencies like Ethereum also work as a coin of a blockchain to create something on the blockchain.

I believe that the aforementioned reasons would be primary reasons for the demise of Bitcoin.
hero member
Activity: 1288
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Quite an informative posts that makes an interesting read @OP. In as much as, I don't accept most of the supposed stated facts, I like the way you pointed them out and related it to actual scenarios and with dates. It would have been more appreciated should you have put links to your research source because, I doubt you got all thses informations from your memory only.

Well, no one is killing bitcoin and bitcoin still rains supreme amongst other coins because, it’s actually what paves the way for other coins to make the charts and some interesting numbers. Bitcoin going bloody means almost 90% of altcoins going bloody as well. This is not statistically proven but from personal observation of the moves in the coins on coinmarketcap.com.

Its normal in times like this to get some insight as to why bitcoin and other coins are on the down side and most times, the analysis becomes wrong. Sadly when bitcoin finally booms again, the same analysts won't be so kind to come and withdraw or give us a detailed reason as to why!

There is always going to be a cry chicken when the clouds go dark and should you choose to sell, it could be at the receiving end and the promoted phobia continues. Only bitcoiners or crypto enthusiasts can stop bitcoin, its a very difficult or impossible task for this to happen so, let's keep faith.
legendary
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Your post is non-sense. What does BTC have in common with the shitcoins when all shitcoins are just BTC copycats? Stop spreading FUD, BTC is very valuable and its price is awesome. HODL!
legendary
Activity: 2730
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Why is it that every time the charts are in red, someone comes along claiming the bubble is finally bursting because of [insert reasons]? When the price is rising, it's all good, but when it's going down we are all going to die.

Many factors have contributed to the recent decline in BTCs value:
  • The flooding in China that put some miners out of power and unable to mine.
  • The money laundering investigation announced by the US government.
  • Biden's plan to increase taxes on those earning over $1 Million/year.
  • Just a normal correction following months of positive price movements.

All this will pass and be forgotten, and so will the stories of bitcoin being dead.
sr. member
Activity: 307
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Why you decided that someone killed btc? The king is still here, just another correction. Even not the first in this year
hero member
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Greed - It goes without saying that the original satoshi-btc, was about privacy, anonymity, and being your own bank. Today BTC (core old farts) have sold us out, and bent over to every request by GOV to track bitcoin, and make it into a 'chain', be your own bank my ass. Why did they sell us out, because they got rich, they were promised riches BTC to the moon...

To be honest I sincerely don't know what you are so pissd about! If btc is not anonymous enough for you anymore and you are afraid your privacy is at stake then look for alternative or better yet create your own anonymous coin to solve this problem for you ( that way you can be hidden from the rest of the world, be your own bank, your own island as well) am sure nobody will miss you  Wink.

For as long as I have exited people have been leaving with their identity known, I can't seem to recognise anything bad happening to them, people have their identity all over the Internet, they are still breathing just fine, have not been taken to the darkest pit, lol,  I don't know why people crave for anonymous so badly when in reality nothing is anonymous, whenever you make use of any public services, you reveal your identity except you plan on staying away from all this services and leave in a cave somewhere in the deep forest, that way your anonymity will be ensured, dude, go clear your head.
full member
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Bitcoin isn't dead,
We(Bitcoiner) are the one who is killing it (If you think that it is dying).
We are the one who is responsible for it's movement we shouldn't blame it on other we who hold Bitcoin contributes to every Bitcoin movement.
If it goes down it is because we or other holders sell their coin if it goes up it is because some bought it, It is as simple as it.
And AFAIK Bitcoin is pretty much strong and kicking how could you say that it is dead and king of shit-coin?

The $1T that came into BITCOIN from Summer 2020 $10k to Spring 2021 $63k, that money didn't come from johhny-HODLR, and to suggest such is 100% bullshit.

The money came in from institutional investors, in search of a place to 'park' their cash, lieu of the bank or money-market. Given institutional investors could only get 0.01% for a bank deposit, and most conservative people were in 'cash' and out of the stock market, ton's of 'cash' got parked in BITCOIN Sad

It was good while it lasted, now as of yesterday ASIAN time, the west has lost 25% of  their cash, that was invested in this ponzi. Head's will roll come monday at Wall-Street, people will suicide, the FED will step to and buy BTC-ETF's, anything that can get humpty-dumpty back up on the wall.

The important thing to realize is that if the FED doesn't step in and spend $500B to bring BTC back up to $65K and keep it there, then it will free-fall back to $10k and the US-Economy will be in a state of shock, as the losses will exceed the Bernie Madoff scandal, or LTCM


Talking of Johnny Hodl'er, he owns on average 0.05BTC, he's about as important to BTC as a flea on a beach.
Well that doesn't mean that Bitcoin is dead or King of shit does it?
Well yeah the institute invested,huge and well known companies invested on it but that doesn't mean that it's dead if they decided to pull out,
Right before they invested crypto has already been living more than a decade they just strengthen it but that doesn't mean without them it would die or would be dead.
It could drop down to where it was before they invested but I believe that it wouldn't end or kill Bitcoin.
full member
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Bitcoin isn't dead,
We(Bitcoiner) are the one who is killing it (If you think that it is dying).
We are the one who is responsible for it's movement we shouldn't blame it on other we who hold Bitcoin contributes to every Bitcoin movement.
If it goes down it is because we or other holders sell their coin if it goes up it is because some bought it, It is as simple as it.
And AFAIK Bitcoin is pretty much strong and kicking how could you say that it is dead and king of shit-coin?
Exactly, we are the lifeblood that keeps the .arket alive and volatile. I think that bitcoin is functionally immortal as long as people are trading and hodling bitcoin and the only way to dispel that immortality is either we as a human race gets wiped out or there is a god snet alternative that is far better.
member
Activity: 182
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Nobody can afford to kill Bitcoin, even when governments oppose it, bitcoin thrives.
A few days ago Bitcoin made an all-time high when it reached a price of $ 60000.
So what makes you think that BTC is dead?

It reached $63k a few days ago, mostly because of the COVID plan-demic.  Easy money, cheap loans, stimmy-checks to all breathing. Many reasons why excess fiat capital flowed to btc, mostly because the financial media was calling btc the 'new cash', with banks paying 0.01% interest, post summer 2000, $1T (trillion USD) was moved to BTC, and sure it rose 600%, and now its down 25% a loss of $350B in a week.

Yes, I agree exactly. Nobody can afford to kill  BTC, now that $1T that came in was mostly loans ( think Musk ), or OPM, the recent loss of $350B will send shock-waves through the financial USA system, so the FED will have no choice but to 'bail out' BTC, because its now too big to fail.

The problem with this is then BTC becomes just branch of US-FIAT Murder, Inc., exactly what "Satoshi" was against  in the first place, so now BTC is an enabler of the Fiat-to-Infinity USA Ponzi that is robbing the world of tangibles, but only leaving toilet-paper as collateral.

This is the death of Bitcoin. The fact that BITCOIN will now be TBTF, and bailed out by FED, means that BIS-FED must take over complete control of BTC, 100% KYC.

Now you see this as a good thing, that so long as the price is stable, or up - you get richer, that's all the majority care about; Biden can & will send the majority of you off to a new war to kill for bitcoin. You will buy into the new paradigm, cuz it makes you rich.

The fact that BITCOIN is no longer enabling freedom, the fact BITCOIN is now just another Wall-Street Shell-Game is what I mean that Bitcoin is Dead, as we knew it.



Bitcoin isn't dead,
We(Bitcoiner) are the one who is killing it (If you think that it is dying).
We are the one who is responsible for it's movement we shouldn't blame it on other we who hold Bitcoin contributes to every Bitcoin movement.
If it goes down it is because we or other holders sell their coin if it goes up it is because some bought it, It is as simple as it.
And AFAIK Bitcoin is pretty much strong and kicking how could you say that it is dead and king of shit-coin?

The $1T that came into BITCOIN from Summer 2020 $10k to Spring 2021 $63k, that money didn't come from johhny-HODLR, and to suggest such is 100% bullshit.

The money came in from institutional investors, in search of a place to 'park' their cash, lieu of the bank or money-market. Given institutional investors could only get 0.01% for a bank deposit, and most conservative people were in 'cash' and out of the stock market, ton's of 'cash' got parked in BITCOIN Sad

It was good while it lasted, now as of yesterday ASIAN time, the west has lost 25% of  their cash, that was invested in this ponzi. Head's will roll come monday at Wall-Street, people will suicide, the FED will step to and buy BTC-ETF's, anything that can get humpty-dumpty back up on the wall.

The important thing to realize is that if the FED doesn't step in and spend $500B to bring BTC back up to $65K and keep it there, then it will free-fall back to $10k and the US-Economy will be in a state of shock, as the losses will exceed the Bernie Madoff scandal, or LTCM


Talking of Johnny Hodl'er, he owns on average 0.05BTC, he's about as important to BTC as a flea on a beach.

[moderator's note: consecutive posts merged]
full member
Activity: 1274
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★Bitvest.io★ Play Plinko or Invest!
Bitcoin isn't dead,
We(Bitcoiner) are the one who is killing it (If you think that it is dying).
We are the one who is responsible for it's movement we shouldn't blame it on other we who hold Bitcoin contributes to every Bitcoin movement.
If it goes down it is because we or other holders sell their coin if it goes up it is because some bought it, It is as simple as it.
And AFAIK Bitcoin is pretty much strong and kicking how could you say that it is dead and king of shit-coin?
hero member
Activity: 2478
Merit: 695
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I didn't realise btc is dead! When did that happen! must have miss the memo  Grin
Lol, @op why so sentiment on this issue! Nobody kill btc only you fail to realise that a technology like this cannot be left alone to just be dormant, do you know why btc is this popular? It is because it has a fiat value, otherwise btc will still remain unknown to millions till date, why do you think institutional investors are suddenly interested in btc after a decade? You think it is because of technology! Lol,

If you think you are late to the party, don't fret, there are still many opportunities for you from all the many btc 'shitcoins' you mentioned  Grin,  
No need to analyse the issue here, if you think btc is dead and you are so concerned about your freedom,  you are free to leave. Plus I don't know what freedom you are aiming to get, freedom comes with a price, careful what you wish for.
legendary
Activity: 3080
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Lol! I have always seen kids get frustrated whenever bitcoin's price goes down and they come up with theories that either promotes confusion or some other altcoins where they have invested heavily. This is another prime example of such frustration and just another rant. No need to take these seriously! Because none of the factors mentioned here, can kill bitcoin! The foundation of bitcoin is far more stronger than this kids can think of. Yes, if someone is looking at bitcoin as a pure and simple investment, they will be frustrated when they don't get desired result. That happens every time we experience a bull run. A lot of people start complaining about bitcoin because they didn't get profit out of it.

No need to take this seriously! Bitcoin can't be killed that easily!
sr. member
Activity: 939
Merit: 256
Nobody can afford to kill Bitcoin, even when governments oppose it, bitcoin thrives.
A few days ago Bitcoin made an all-time high when it reached a price of $ 60000.
So what makes you think that BTC is dead?
member
Activity: 182
Merit: 30


It has been said over 1001 times that bitcoin has died in the media but yet it still rises to live again for some strange reason.
I just can't put my finger on it yet. Undecided

Let's just face it: Crypto can never die as it is the future.
Only those who fear the future are saying it is dead time and time again so to brainwash others who not in the know.

Well of course, BTC will be around in a 1,000 years, just like some old book, it will be a collector's item, not unlike an old dried tulip from that most famous mass-hysteria.

Note sure what the MSM 'media' (CIA controlled) can mean when they said 'btc is dead', I know what I mean. I'm not even sure they even said it was dead. What's been said is a lot 'chatter' to keep it in the news, to keep traction, as its in FED-BIS interest to keep excess US-dollars out of physical-gold and in FIAT-virtual-crypto aka BTC. The scam wouldn't be credible if there weren't team-HODL, and team-Hater.

BTC is dead because Satoshi's 2009 Mythology has evolved into a pack of lies, propagated by professsional liars, now the only outstanding justification for BTC is "Getting rich quick". and that was not even on the original list of goals, nobody early joined btc-mining to get rich, most really bought into the narrative of bypassing the Federal-Reserve System. Now today of course we find out that IRS controls all the BTC exchanges in the USA with KYC. Game-Over for BTC freedom, and if you don't think freedom is important then stay with BTC, but freedom/privacy loving people are moving to privacy-oriented alt-coins.
member
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Nobody killed Bitcoin, Government didn't kill Bitcoin, fraud tried to kill Bitcoin, but it didn't succeed, people are trying to accumulate as much Bitcoin they could accumulate and hold so they could get Rich.
legendary
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That's really hurting post. Lolz. The end is very aggressive though, I hated when he mentioned "BTC is dead, its just the King of All Shit-Coins". I am pretty sure you have lost way more than you can afford in the current dip and now you are not able to tackle it. That's pretty sad man but you should not be getting angry about it. In fact you must re-consider your field of expertise and then based on it make your investments.

We have seen people breaking apart all the time due to lost mind and lost investments but does not means that you should go crazy about it like this.

Bitcoin is still very healthy. It's liquidity is stronger than Gold and other stocks! You can surely get more out of it if you keep patience, proper understanding about the bitcoin world / crypto world man.

It has been said over 1001 times that bitcoin has died in the media but yet it still rises to live again for some strange reason.
I just can't put my finger on it yet. Undecided

Let's just face it: Crypto can never die as it is the future.
Only those who fear the future are saying it is dead time and time again so to brainwash others who not in the know.
hero member
Activity: 2114
Merit: 603
That's really hurting post. Lolz. The end is very aggressive though, I hated when he mentioned "BTC is dead, its just the King of All Shit-Coins". I am pretty sure you have lost way more than you can afford in the current dip and now you are not able to tackle it. That's pretty sad man but you should not be getting angry about it. In fact you must re-consider your field of expertise and then based on it make your investments.

We have seen people breaking apart all the time due to lost mind and lost investments but does not means that you should go crazy about it like this.

Bitcoin is still very healthy. It's liquidity is stronger than Gold and other stocks! You can surely get more out of it if you keep patience, proper understanding about the bitcoin world / crypto world man.
legendary
Activity: 3472
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So far it is you killing the brain sells of whoever reads the nonsense you post everyday on this forum and unfortunately bitcointalk rules allow trolling since people like you aren't banned! lol

But BTC is dead, its just the King of All Shit-Coins,
Then what the eff are you doing on a bitcoin forum?
legendary
Activity: 2310
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Farewell o_e_l_e_o
No one will kill Bitcoin!

Only bitcoiners kill themselves by their decisions. They can make suicides by themselves and believe me, before they self-experience something bad, they won't listen to opinion, advice of the others.

If all people are open-minded and readily to learn from the others, especially from senior and experienced people, the world does not have different classes, the rich and the poor.

Bitcoin and bitcoin market are mirrors of real life and they reflect how the Bitcoin ownerships are changed hands, switched from the poor to the rich. The rich get richer and love Bitcoin more. At the same time, the poor get poorer and might hate Bitcoin.


Back to the first sentence. It is because where is electricity, internet connection and rigs, anyone can set up rigs and mine Bitcoin. Mining is the core element for Bitcoin network operations. Is it a Proof-of-Work network, isn't it?

No one will put you into jail if you set up your rigs to mine Bitcoin.
member
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Like V for Vendetta, if you must know the cause of the BITCOIN failure, you need only look into the mirror. So say 'V'

Greed - It goes without saying that the original satoshi-btc, was about privacy, anonymity, and being your own bank. Today BTC (core old farts) have sold us out, and bent over to every request by GOV to track bitcoin, and make it into a 'chain', be your own bank my ass. Why did they sell us out, because they got rich, they were promised riches BTC to the moon, if you cooperate with the FBI, CIA, IRS, FATCA, ...

Government- The USA gov is the mafia; They control the planet, and force it to accept their worthless toilet-paper, also known as saudi-petro-dollar; The original satoshi coin understood all this well, the entire premise of early adopters of BTC was to bypass the "EVIL FIAT SYSTEM"

Fraud- While once upon a time all of us early crypto people were indeed 'programmers', roll our own, rolled up the sleeves, we could all not only read C++, but we could write it too. Most programmers of the era, came out knowing well about crypto, in those times prior, even owning 'cryptography' software the GOV couldn't break, as on the books as same owning a 'bomb', you were a terrorist, if you even wrote crypto that the NSA couldn't break, if you exported that software, you could spend the rest of your life in a small box.

Then something magic happened post 2014, all the worlds criminal's, con-artists, and scammers, and just common-evil people learned about bitcoin, and how it could  make you rich. Now the fact that US-GOV is composed of the most evil people on earth, its not a jump to conclude that most of the greed on BITCOIN evolved from GOV operations to pump&dump, and bring it to the  outcome we see today, which is a loss of privacy, and that BITCOIN has just become another 'commodity-virtual' like GLD on the stock market, just another way to siphon wealth out of weak-hands.

The history of BTC of course goes back to 1997, when the BIS-IMF released the original white-paper 'how to make a digital bank', then in 2009 Satoshi released his white paper, which is 90% the same paper, but satoshi doesn't even cite this paper. Then Satoshi releases 'his' software, which uses SHA256, and SECP256k1, both NSA algo's, of which NSA holds the keys, as since 1950's, NSA has never made an algo public, where they didn't hold the back-door key. Fact.

Then the mythology continued, not surprisingly given that all this crap came from BIS, that it had to be sold as 'anti-bank' even though it was created by the bank of all banks, the BIS in Switzerland, a private group of people going back to the 1920's, same group that setup the FED-RES-BANK in the USA in first place in 1911. ( Bank of International Settlements )

So then you had the good years 2009-2012 where only geeks played BTC, then of course 2014 it went Fraud-SCAM, and then 2016 it went super-scam, robbing exchanges, ... 2017 parabolic & collapse, to today rinse & repeat, parabolic & collapse.

...

The good news is the BTC SW was open-source, and it got hacked, and out came ETH, and lots of privacy coins like Monero, and zSnark, so all it not lost

There is still time to have a real 'crypto' that say's F*CK You to the BIS/IMF, & NSA; There is still time to have a private crypto to say F*ck-You to the exchange gate-keepers that now control the on/off-ramps of crypto.

But BTC is dead, its just the King of All Shit-Coins, and its utility by the people who created it, no longer need it, now they're desperate to get the other 9,000 alt-cryptos under control. The early logical move was to get all the 'sheep' in one place say 'bitcoin' that has failed, while lots of people are dumb, lots of people made side bets on real alt-privacy coins.

In the recent years the alt-privacy coins have made much more ROI than BTC, but these are things that go unsaid in the world of BTC bullshit.
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