Truths, Bitcoin shills doesn't want you to know

[Progger]

Thanks,

Still more Buy than Sell - right ?

[dfiocch]

As previously stated, I'm not a so-called expert, I have someone who lives with me (Degree in Economics and Master in Stock Markets) that does TAs for me (buy/sell signals).

Trying to explain what I learnt:

If you see in your chart an high "buy pressure" that doesn't mean the price will go up (or viceversa with an high sell pressure).
A loto of traders point their "entry" (buy) and "exit" (sell) levels. If the price is near to, i.e., a big volume of "entry points" (i.e.: BTC at $9000, let's say 100 traders have they entry at $8900), the "buy pressure" will go up. Viceversa if the price is near to a big volume of "exit points"). These spikes of "buy" and "sells" are called buy or sell walls.

In order to catch a rising or falling price, you have to do a lot of researches on charts but not only: trend lines, MACD movements, momentum, rising or falling wedges and so on...

The crypto world is extremely influenced by "external news" (also by screaming frogs... FUDsters...).

That's all from my side.

Edit: sorry... writing from phone

[Roulette Zeitung]

Credit Card issuers can't take it anymore!

Bitcoin and Ether banned!

The facts speaks for themselves:

No more crypto on Credit Card!
A growing list of card issuers bans Bitcoin!

JPMorgan Chase & Co., Bank of America Corp. and Citigroup Inc. said that they will halt purchases of Bitcoin and other cryptos on their credit cards.

JPMorgan, who starts to ban today, said with spokeswomen Mary Jane Rogers, that they "doesn’t want the credit risk associated with the transactions".

As you can see with several responses here on the forum including this thread, the so called crypto "currency" is no currency but a pure speculation tool and has absolutely no value for the society. Some statements admits that.

The funny thing is, the loudest bigmouths on forums are those, who are in the small pool which is filled with only 3% of all Bitcoins, and they behave as if they are the kings. The truth is, 96 of 100 people are swimming in this small pool, and the other 4 people, the whales, they have their own big pool with drinks and babes and with 97% of all Bitcoins.

You know, what I mean?

However, also credit card issuers are now pulling the emergency brake.
Of course, one more conspiracy theory, and also the Credit Card issuers are only screaming frogs or idiots or conspiracy theorists or whatsoever.
Simply call the banks and ask them, if it's true.

Leopold

[dfiocch]

Ok, I admit it. I said to get out of the discussion but... it's always a (sadistic) pleasure to respond to the no-coiners rants.

---------------

"...has absolutely no value for the society"

1. Banco Santander to debut International Payment System Based on Ripple
https://www.newsbtc.com/2018/02/02/b...tem-on-ripple/

In fact, it's notorious that Banco Santander are not humans (society?) but bots.

2. Want to make your vote really count? Stick a blockchain on it
https://www.newscientist.com/article...nds-of-voters/

Battling electoral frauds? With blockchain would be a sure win. But it's notorious that "voters" are not humans (society?) but bots.

3. More Than Coins: Blockchain is Transforming the Way We Distribute Aid
https://www.theguardian.com/sustaina...ble-technology

Please, read carefully the first part of the title "More Than Coins". Blockchain can eliminate many problems occurring with charities, such as fund leaks. But charities, it's notorious, is done vs bots not vs humans (society?)

4. Blockchain Is Helping Us Feed the World’s Hungriest Families
https://futurism.com/blockchain-is-h...iest-families/

There are a lot of people on earth that have no access to banks and main services that could allow them to live a better life. World Food Programme (WFP) instead of giving them just food (with exorbitant operational costs), has opened up a cash assistance program "Building Blocks", based on Ethereum blockchain technology.
But it's notorious that who is hungry are bots, not humans (society?)

5. Wealth management
https://swissborg.com/en/index.html

Swissborg, a company that's created its own tokens for investment solutions , is giving investors some great opportunities to manage their wealth without boundaries or restrictions.
But it's notorious that are bots that need "good wealth conditions without boundaries or restrictions", not humans (society?)

... and more, more, more...

---------------

Someone in New York caught an opportunity of business. Maybe Mafia? Drug dealers? Oh... Washington State. Are them a criminal cartel?
https://cointelegraph.com/news/bitco...wer-allocation

The JPMorgan "ban" caught my attention, so I did my own researches. The OP missed a point (voluntarily? Or just for pre/post distraction?). This:


"Bloomberg further reported that the Bank of America cited anti-money laundering regulations for the move, as well as the potential for thieves to convert stolen credit cards into cryptocurrency stashes.

Like JPMorgan, Bank of America is also concerned with the idea customers can purchase more cryptocurrency than they can afford. Other banks have purportedly moved to increase charges for crypto transactions in recent weeks."

https://www.coindesk.com/report-bank...pto-purchases/

Just read the article and related links. Looks like not a "cryptocurrencies ban" but a way to stop "the dark side of the humans". Read and take your conclusions.

Ok, my time is left. I would just say that... ehr... I like my "small swimming pool" who gave me a 465% profit in the past 6 months (please, note as a result of extremely professional advices given by Graduate in Economics with a Master, i'm not an expert of such matter, I just see the tech side that's my own education). Whales can do whatever they want. After all... it's just the story of the world, isn't it?

Citing TheGooner (copy and paste):

I have one BIG message for readers of this thread - DO YOUR OWN RESEARCH.


Tip, definition of "nocoiner" from Urban Dictionary:

"A Nocoiner is a person who has no Bitcoin. Nocoiners (usually Socialists, Lawyers or MBA Economists ) are people who missed their opportunity to buy Bitcoin at a low price because they thought it was a scam, and who is now bitter at having missed out. The nocoiner takes out his or her bitterness on Bitcoin Hodlers, by constantly claiming that Bitcoin will crash, is a scam, is a bubble, or other types of easily refuted FUD. Nocoiners have little to no computer skills or imagination; even when they see the price of Bitcoin go up and its adoption spread they consider all Bitcoin users to be in a collective delusion, with only themselves as the ones who can see what is happening. This attitude comes from being steeped in the elitist priest cultures found at Harvard, Yale and Columbia, where anyone who is not part of their clique is treated with suspicion by default...."

https://www.urbandictionary.com/defi...?term=nocoiner


It's easy for a nocoiner to do searches on Google. Just add "scam", "crash", "ban", "bubble", "crime", "abuse" after keywords such as "Bitcoin", "Ethereum", "Cryptocurrencies". How to watch the world with a single eye...

OOOOPS! Update from Aljazeera:

Cryptocurrencies are here to stay
http://www.aljazeera.com/indepth/opi...085633760.html

[Roulette Zeitung]

Who is now the "screaming frog"?

---



Drug pusher behind bars

After a raid in the City of Mannheim in Germany a 24 years old drug pusher was arrested and put behind bars. The scapegrace hoarded mass of drugs in his apartment.

Police confiscated almost 10 Kilograms of amphetamine, 134 Ecstasy pills, other synthetic drugs and his laptop. The drug pusher ordered everything in the Darknet and paid it with Bitcoin, because it was so easy.
Administrative secretary purchased precise killer gun

In Germany it is almost impossible to get a gun. The restrictions and hurdles are very high. So Bitcoin and the Darknet are now an easy and good opportunity to kill each other with guns also here in Germany.

An 43 years old administrative secretary purchased the legendary "Glock 21" gun in the Darknet with Bitcoin, known for its deadly precision. The guy is taken to court now for the 2nd time.

The perpetrator received the gun obviously without problems, also 50 bullets ammunition, camouflage clothes, a rear shock absorber and a conversion kit to let the gun fire like a machine pistol. The gun completely disappeared without leaving any trace. He might have a buddy who hides the gun or it's already sold.

Leopold

[sweetbet]

Prior to 2009, there was no money laundering, drug trafficking or other illegal activities. Then Bitcoin came along, and now we have crime. Thanks Bitcoin

[Roulette Zeitung]

I know, that the Bitcoiners are trying to downplay the Bitcoin crimes at any costs, because this was, is, and will be the #1 unmasking argument against Bitcoin.

The point is, the "classic crimes" still exists, but there is a new generation of crimes and also a new generation of criminals that only exist due to Bitcoin. And like my prior post proves, it's now as easy as drinking water to commit a crime. And this was not the case with "classic" crimes.

Here in Germany it was almost impossible to successful commit a blackmail crime, because latest the day, when they want their cash, they get caught. And today? Not even real human were hijacked and the criminals want Bitcoin for their release. Also millions of computers are hijacked with malware and the criminals want Bitcoin. This is an important difference.

And even the worst dictators on Earth and are now using Bitcoin crimes as a weapon.

Last year the "WannaCry" cryptoworm was a massive worldwide cyberattack, initiated probably by the incest monster of North Korea. "WannyCry" infected countless computers, also in hospitals and put so the life of patients at risk. And the victims had to pay Bitcoin! This attack was targeted to hospitals with intent, because the criminals knew, that they will pay the Bitcoin price to rescue the patients.

And this would never ever happened, if Bitcoin does not exist, because with cash, goods, Gold or diamonds all these new crimes are not possible, and even the North Korean scumbags could not have a financial profit with their actions.

Again: Bitcoin is not a continuation of "classic" crimes. It has created a complete new generation of crime and criminals. And it's now more easier then ever before, even a complete moron can be a successful criminal and harm people.

The argument, we had also in the past crime, is weak, because than you can also say, who cares about the hundreds of thousands of killed people due to nuclear bombs, a result of the discovery of nuclear fission.

Argument: "We had also thousands of years ago already stones to kill each other, right? So everything is fine with nuclear bombs, and there is nothing wrong with the new threats of this new generation of weapons. Stones are stones."
But this is not a case.
Nuclear weapons are evil and only because we were unbelievable lucky, we are not already vanished from this planet, e.g. due to the "Stanislaw Petrow incident".
Nuclear weapons are like the new generation of Bitcoin criminals.

The problem, a major part in the Bitcoin community is so obsessed of Bitcoin and speculation money, that they already have forgotten, that there is also a real world with people, families, environment, charity, board games, lifetime achievement and poverty.

Some are so obsessed, they need an exorcist.
But Edward Teller would not be the right man for that job.

And also this forum proves, some of the Bitcoins not even have respect for the elderly, their behavior is complete antisocial, probably also a result, when one lives 24/7 in a bubble, not even in a virtual one.

Ask the people, who lost thousands and thousands since last Christmas as a result of Bitcoin Pusher.
Oh wait!
They are not so important.
Important are only those, who invested into Bitcoin half a decade ago.
Because with the arguing is easier.
And one must not be confronted with the sad truth, that NOW and not years ago people were trapped with quasi the insane promise, they will be rich very soon, within weeks.

Leopold

[sweetbet]

And even the worst dictators on Earth and are now using Bitcoin crimes as a weapon.

This is true as the following youtube video clearly shows.

[Roulette Zeitung]

It's not against you, but I have seen several versions of this on Youtube for some time made by complete idiots. If one makes satire, he should at least put one sentence from the original language or incident in context. Any context! But the idiotic creators of that Youtube videos doesn't understand one single word that is spoken in this best documentation-drama about Hitler ever made. So it is no satire. It is dumb.

It would be the same, as if a moron puts the words from Hitler regarding the final Battle for Berlin at the Seelow Hills from that movie into the mouth of President Trump in a speech about tax reforms. Dump!

And is it a coincidence, that a Hitler video of all videos was chosen now in this thread, dear audience?

However, The movie "Downfall" (German: "Der Untergang") with Swiss actor Bruno Ganz in the role of his life, with the best impersonation of Hitler ever in movie history is a historical masterpiece and our educated youth was very interested in that movie, that shows, what really happened in every detail during the last days, the bitter end in the Fuehrerbunker.

THIS is what the movie is about, with real English subtitles:



Bitcoin again under 8,000, at 7,935 right now.

Leopold

[ocreditor]

this is true as the following youtube video clearly shows.

lol

[Roulette Zeitung]

Howard Schultz, Starbucks' successful executive chairman and former CEO and a strong supporter of crypto and blockchain, so not a "screaming frog" or "conspiracy theorist" but a strong supporter of that technology, also he has absolutely no trust in Bitcoin.

"I don't believe that Bitcoin is going to be a currency today or in the future", the former owner of the Seattle SuperSonics says.

Bitcoin down moments ago at $7,660, far away from the "Christmas pusher surprise" of $20,000.

Leopold

[dfiocch]

Starbucks' Howard Schultz: A 'trusted' digital currency is coming, but it won't be bitcoin

https://www.cnbc.com/2018/01/26/star...e-bitcoin.html

"I don't believe that bitcoin is going to be a currency today or in the future..."

THEN

Instead, Schultz told investors he sees potential in blockchain, the online ledger technology underlying digital currencies. "I'm talking about ... the possibility of what could happen — not in the near term, but in a few years from now — with a consumer application in which there's trust and legitimacy with regard to a digital currency."

(just read the article)

Starbucks Chairman Big on Cryptocurrency, Just Maybe Not Bitcoin

https://www.bloomberg.com/news/artic...be-not-bitcoin

“The reason I mention this is not because I’m talking about Bitcoin because I don’t believe that Bitcoin is going to be a currency today or in the future, I’m talking about the new technology of blockchain and the possibility of what could happen not in the near term,” said Schultz, who helped build Starbucks into the world’s biggest coffee chain, on the company’s earnings call Thursday. "


Starbucks Chairman Says Cryptocurrency Will Be Big — Just Not Bitcoin

http://time.com/money/5121644/starbu...irman-bitcoin/

"He’s just not sure that Bitcoin, which was released in 2009 as the first decentralized digital currency, will still be around."

----------------

Bitcoin is down (due to the market), your credibility too (due to yourself, level -50, around).
At least, post the sources...

No one is saying that Bitcoin will be "the king" in the future. 1st generation blockchain, there are assets who run on 3rd generation (ADA, NEO). Ethereum, 2nd generation. You're late, dude...



"If you repeat a lie often enough, people will believe it, and you will even come to believe it
yourself."

- Joseph Goebbels


I have one BIG message for readers of this thread - DO YOUR OWN RESEARCH. (copyright, TheGooner)

[ocreditor]

That's bad for the crypto business... https://www.cnbc.com/2018/02/05/bitc...urrencies.html

The uncertain future become even more uncertain these days... as it seems the ongoing regulations talks and actions against crypto users to try to make the people use less and less the crypto coins and ICO's is starting to effect this industry...
But still I can't say with full certainty that it's going to crush and vanish so quickly !

[Roulette Zeitung]

Dfiocch, and so what?
I clearly wrote in my post, that he is a "strong supporter of crypto and blockchain" but has no trust in Bitcoin ... even if you try to suggest something different.

Put on your eyeglasses and read the title of this thread.

It's primary about the Bitcoin pushers like here on GPWA, the deceivers, the crime and all the other mess they don't want you, the audience, to know.

That's bad for the crypto business... https://www.cnbc.com/2018/02/05/bitc...urrencies.html

Bitcoin now down to 7,439!
Will the pusher pay compensation to those who now have to run after their money since last Christmas?

The only, who benefit from Bitcoin are criminals and speculators.

Bitcoin forums already installed in the last weeks new rules to protect the members from Bitcoin scammers but everywhere also new pusher treads, rallying calls. It's all about the "Polka King" show, that needs fresh blood and fresh believers, and Thank Goodness important credit card issuers banned Bitcoin now.

But still I can't say with full certainty that it's going to crush and vanish so quickly !

Governments all over the world will install their own cryptos. This will be the future. It's about abolishing cash.

Leopold

[dfiocch]

Your posts are misleading or try to be misleading.
You can't "hate" Bitcoin and "love" blockchains in the same statement. Bitcoin is the first blockchain.

If you didn't notice it, criminals (you really need an exorcist, mate... the world is not only a big crime scene and not the whole world is a mafia connection. Think positive, at least one time in your life. Don't die angry) could use another cryptocurrency instead of Bitcoin.

This let me think that you... have no clue on what "blockchain" means.
The market is the market: there are winners, there are losers. Like soccer. Can you understand or...?

[Roulette Zeitung]

"Governments all over the world will install their own cryptos. This will be the future. It's about abolishing cash."

... and the future with crypto, this will not be the Paradise.

After the fall of Bitcoin, and when the governments will install their own cryptos, when all these cryptos will finally be deanonymized, when cash is abolished, then the dreams of them become true.

They then can and will track everything, what you are purchasing, for whom you are donating, simply everything. They will know your sexual, religious and political preferences, the medicine you need and so your illnesses, every pattern of your life. And it will be all investigated, analyzed, and when an AI computer comes to the conclusion, that you are a danger to the government, then there is only God who can help you.

Most governments on Earth are no democracies. They are pseudo-democracies like Russia, pure Dictatorships like North Korea, Iran or Belarus, whacko regimes like Venezuela, Cuba or Philippines or governments that are corrupt and obviously obsessed by misogynistic demons, like most of the Arab countries.

Never ever, not even the fistful of real democracies have used personal data to the advantage of their citizens. They used them always, until today, as we can see in Germany, USA and other countries, always to their disadvantage and to spy on them.

This is the future of your grandchildren with crypto.

Leopold

[dfiocch]

Terminator
Io, Robot

... Matrix?

We will all have chips up our ass.

[dfiocch]

UNICEF Asks PC Gamers To Mine Ethereum And Donate To Syrian Children

https://cointelegraph.com/news/unicef-asks-pc-gamers-to-mine-ethereum-and-donate-to-syrian-children


I'm wondering if UNICEF is aware that "99,1%" of crypto-users are child abusers...
Criminals, criminals all around...

[Roulette Zeitung]

Today, Bitcoin crashed at $6,888!
That is a 65% loss after the last Christmas pusher show!

Bitcoin Mining - A Ponzi-Scheme?

When Bitcoin was first created, the reward was set at 50 bitcoins per block mined.
Then it was halved to 25 Bitcoin.
After that the reward was again halved to 12.5 Bitcoin.

Some say, Bitcoin mining in the meantime is a Ponzi-Scheme.
If you don't believe that, simple look at the shocking cost calculator:

===> https://www.cryptocompare.com/mining...iningPoolFee=1

Every hype and Ponzi-Scheme needs lemmings to fill the pool with fresh money, in this case whether through insane transaction fees, deception of miners who can't calculate their real costs or through fresh "investors".

Leopold

[AndyBonus]

Wow! It even dipped below $6k earlier today https://www.coindesk.com/price/

What a wild ride it has been for some of you guys!

Unfortunately I never got chance to collect any. (My wallet would never work) but I did trade on etoro for a short while, and lost $200!


Edited to add an interesting calculator
Would your graphics card be profitable mining bitcoin?
Mine https://www.nicehash.com/profitabili...0&currency=THB