{quote} Hi, George! And I do appreciate your irony...but I Am intelligent
Let's talk! Here's some new food for thought: Ok, if we talk safety is simple. BAM, everything is hackable! Yes, everything./...except the blockchain
I've already said it here, blockchain is a rock-solid block, the ultimate cyber vault! All hackable, the banks data, social networks data, corpo. data, govs. data, user accounts, all personal terminals, phones, wallets, desktops, all gadgets... all but not the blockchain!
Does crypto have some bright future?
The most controversial question is "Do we need thissecurity privacy?".
Let's talk...
I invite you to read my point of view, related to the human psychology and behavior.
The seeking of each person to keep a privacy starts from our ancestors when people lived in danger and were afraid of the attack of dangerous predators.
Those who were smarter were hiding in caves or building barriers, and those who were stupid were becoming dead.
The ancestors quickly understood this principle and soon the “housing” and the conditions of privacy, became associated with security.
Later, people will begin to build castles and high walls in order to protect themselves from enemies, creating privacy and, as I said earlier, security.
But the rate of deaths from thugs who attack within these walls has not diminished. Then, people began to build mansions and houses with fences and security systems. (in order to gain privacy and protect yourself).
The time has passed, the technologies of fighting crime have improved ...
In wealthy countries where crime rates are low, people stopped building fences because they are not afraid for their safety and no longer need privacy.
But the criminals did not stand still and now, they are ready to attack from anywhere in the world, using only their computers ...
This is a new step on the path of humanity. And the very first thing we did was give in to the old instinct ... We began to look for security in privacy (I mean Bitcoin). And now, this privacy leads to the fact that bad guys use it for bad purposes.
The most controversial question is "Do we need this
Let's talk...
I invite you to read my point of view, related to the human psychology and behavior.
The seeking of each person to keep a privacy starts from our ancestors when people lived in danger and were afraid of the attack of dangerous predators.
Those who were smarter were hiding in caves or building barriers, and those who were stupid were becoming dead.
The ancestors quickly understood this principle and soon the “housing” and the conditions of privacy, became associated with security.Later, people will begin to build castles and high walls in order to protect themselves from enemies, creating privacy and, as I said earlier, security.
But the rate of deaths from thugs who attack within these walls has not diminished. Then, people began to build mansions and houses with fences and security systems. (in order to gain privacy and protect yourself).
The time has passed, the technologies of fighting crime have improved ...
In wealthy countries where crime rates are low, people stopped building fences because they are not afraid for their safety and no longer need privacy.
But the criminals did not stand still and now, they are ready to attack from anywhere in the world, using only their computers ...
This is a new step on the path of humanity. And the very first thing we did was give in to the old instinct ... We began to look for security in privacy (I mean Bitcoin). And now, this privacy leads to the fact that bad guys use it for bad purposes.
#Anthonywins
- #64
- Jul 8, 2019 11:17am Jul 8, 2019 11:17am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
Does crypto have some bright future? The most controversial question is "Do we need this security privacy?". Let's talk...
I'm on vacation and I'll put it very simple(lol):
- Transparency = Safety
- Excessive Privacy = Fraudulent Environment
Member
- #65
- Jul 9, 2019 5:15am Jul 9, 2019 5:15am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
Bitcoin, extremely disappointing last week...
That 12-13K resistance is holding way too long, what's the matter with this rocket???
Just look at December 2017 !!! from 13K to 19K in just 2 weeks!!!!!!!!!! ...why is bitcoin lagging now??? 
FAKE?
That 12-13K resistance is holding way too long, what's the matter with this rocket???
Just look at December 2017 !!! from 13K to 19K in just 2 weeks!!!!!!!!!!
...why is bitcoin lagging now??? FAKE? Member
- #67
- Edited 7:29am Jul 10, 2019 2:51am | Edited 7:29am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
That's why I never own anything like crypto currency, I couldn't understand the whole idea that's why I am not using them at all really. Only possible things like Paypal and maybe some proven electronick money systems, all those crpyto are very unstable, they really come and go and that's really it and no more than that for sure. So how I should understand what will work for me ? And also have you heard all these horror stories about exchanges being hcked and etc ? I bet you do.
It's all a hype, it's all social-bullshit !
Now, simple view at the surface, traders can make a lot of money from this pump and dump action, but the holders are risking big because the huge volatility;
Hacking the terminals is a never ending social phenomenon, regardless cryptocurrencies ...but that's not the main issue with the cryptocurrencies.
Going deep, paradoxically, the real problem of the cryptocurrencies is their main "strength", the anonymity!
A world with unknown financial actors it's inconceivable!
A world without governments, no state, no institutions, no police, no army, no national security, no state minimal transport infrastructure, no social security, no minimal education, no minimal health security............ this is the most crazy utopia ever!!! It's totally childish
That's why is just a matter of time until the society will realise the bitcoin is a trap for fools!
......meantime, we can make a lot of money trading this mess
...take care though, retail people don't stand a chance if they don't belong to the crooks' private groups who make sell offs all at once, robbing the noobs I took part at one of these groups with crooks like NOT-KPMG-MOFO-GURUz and I know how it's working... in fact, the periodic massive sell offs after accumulations are visible on the chart.
Member
- #68
- Edited 6:42am Jul 10, 2019 3:13am | Edited 6:42am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
Guys, guys, I'm on vacation now, and it just occured to me ...I have a revolutionary vision... 
Look, I got vouchers for restaurant !
Here in the pic, I'm in vacation with some friends at the restaurant having lunch ...see those meal-vouchers?!
They are like bitcoin!
Hey people, buy Tudor-vouchers! I just invented a new altcoin!
Examples:
USD=>Tudor-vouchers=>restaurant meal, hotel accommodation!
USD=>bitcoin=>coffee, big house,
woah!
USD=>video game coin=>video game stuff, video game weapons, ...even multiple video game hero lives
...all toy coins!
Look, I got vouchers for restaurant !
Here in the pic, I'm in vacation with some friends at the restaurant having lunch ...see those meal-vouchers?!
They are like bitcoin!
Hey people, buy Tudor-vouchers! I just invented a new altcoin!
Examples:
USD=>Tudor-vouchers=>restaurant meal, hotel accommodation!
USD=>bitcoin=>coffee, big house,
woah!USD=>video game coin=>video game stuff, video game weapons, ...even multiple video game hero lives
...all toy coins! 
Member
- #69
- Jul 10, 2019 5:43am Jul 10, 2019 5:43am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
Ok, it's clear now, this man is sick.... whatta clown! 
Member
- #70
- Jul 11, 2019 8:06am Jul 11, 2019 8:06am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
11500 weekly important resistance! Greedy zone hazard! Extreme volatility above 11500!!! 9950 support. {image}
Despite incantations from crypto liars and crooks?!? They still praise for this manipulated asset!
Look, December 2017 took only 2 weeks from 12K to 19K!
What's the matter with this sham??? ...woooah, bitcoin very, very disappointing!
Member
- #71
- Edited 2:56am Jul 12, 2019 2:23am | Edited 2:56am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
Oh, ...and our Lord DJT can see the future! 
...
"I am not a fan of Bitcoin and other Cryptocurrencies, which are not money,
and whose value is highly volatile and based on thin air.
Unregulated Crypto Assets can facilitate unlawful behavior,
including drug trade and other illegal activity"
True, Mr. President!
... "I am not a fan of Bitcoin and other Cryptocurrencies, which are not money,
and whose value is highly volatile and based on thin air.
Unregulated Crypto Assets can facilitate unlawful behavior,
including drug trade and other illegal activity"
True, Mr. President!
Member
Oh, ...and our Lord DJT can see the future!
A snails pace wins the race :-)
- #74
- Edited 2:55am Jul 12, 2019 2:35am | Edited 2:55am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
{quote} He’s a murderer
{quote} He’s pissed there’s no Trumpcoin
...BTW, there is (or was) some Putincoin! Member
- #76
- Edited 6:32am Jul 12, 2019 6:21am | Edited 6:32am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
BTW.........
Guys, guys, why not start a cryptocoin of our own!
Let's say a White Chocolate Mocha is $5 at the top coffee shops.
But the top coffee shops wants more customers. And they are willing to make discounts...
You promise to bring them more customers but you want something like 2 dollar commission at every White Chocolate Mocha sold.
For every 3 dollars you give to the coffee shop, the coffee shop allows you by contract to issue a voucher of 5 dollars called FCV.
You sell the 5 dollars worth FCV voucher for 4 dollars to more and more customers happy to get discounts...
The customers are happy because they can have now a 5 dollars White Chocolate Mocha for $4, and buys more...
You also get your 1 dollar profit....
Everybody happy:
- the coffee shop sells and profits more
- customers get discounts
- you get profit
So we put our money in a box.
We get some squint coders to encrypt our shit and we will come up with some crypto-FCV-vouchers and some Android WalletApp...
Our agents will go (online) to the top coffee shops offering dollars for contracts to issue the corresponding amount of FCV-vouchers...
We sell online our crypto-FCV-vouchers to the coffee lovers...
Coffee lovers' money goes in our box.
Everyone of us will take profit proportionally with the business growth.
...if business grows with 10% and you have invested 100 dollars you'll get $10 profit ...if you have invested 1M, you'll get 1K
Yupieeeeee, guys, it's just a matter of time until we will launch our FCV Coin (Free Coffee Voucher)
We can have both a business and a private coin! Libra is shit! The Holy-Fckn-Ghost-Sato-Shit is ...nobody!
FCV market cap. will grow, top coffee business will grow, we will be even able to control the coffee industry, people will be happy, we will get rich,
...and the whole world will be a better place
Guys, guys, why not start a cryptocoin of our own!
Let's say a White Chocolate Mocha is $5 at the top coffee shops.
But the top coffee shops wants more customers. And they are willing to make discounts...
You promise to bring them more customers but you want something like 2 dollar commission at every White Chocolate Mocha sold.
For every 3 dollars you give to the coffee shop, the coffee shop allows you by contract to issue a voucher of 5 dollars called FCV.
You sell the 5 dollars worth FCV voucher for 4 dollars to more and more customers happy to get discounts...
The customers are happy because they can have now a 5 dollars White Chocolate Mocha for $4, and buys more...
You also get your 1 dollar profit....
Everybody happy:
- the coffee shop sells and profits more
- customers get discounts
- you get profit
So we put our money in a box.
We get some squint coders to encrypt our shit and we will come up with some crypto-FCV-vouchers and some Android WalletApp...
Our agents will go (online) to the top coffee shops offering dollars for contracts to issue the corresponding amount of FCV-vouchers...
We sell online our crypto-FCV-vouchers to the coffee lovers...
Coffee lovers' money goes in our box.
Everyone of us will take profit proportionally with the business growth.
...if business grows with 10% and you have invested 100 dollars you'll get $10 profit ...if you have invested 1M, you'll get 1K
Yupieeeeee, guys, it's just a matter of time until we will launch our FCV Coin (Free Coffee Voucher)
We can have both a business and a private coin! Libra is shit! The Holy-Fckn-Ghost-Sato-Shit is ...nobody!
FCV market cap. will grow, top coffee business will grow, we will be even able to control the coffee industry, people will be happy, we will get rich,
...and the whole world will be a better place
Member
- #77
- Jul 14, 2019 3:10am Jul 14, 2019 3:10am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
False. So it was the Eastern Soviet Bloc. Tooooo big...
And they had great math too, great science, great soil resources, great war chess game.......
Something wrong can't last too long.
All stups in bitcoin!
And they had great math too, great science, great soil resources, great war chess game.......
Something wrong can't last too long.
All stups in bitcoin!
Member
- #78
- Jul 14, 2019 9:45pm Jul 14, 2019 9:45pm
- Joined Dec 2015 | Status: Trader | 14,257 Posts
OMG, what's the matter with this sham???
Everybody expected 20K in 2 weeks like the glorious December 2017, and now we see a lag at 10K??? );-)))
Extremely disappointing!
Everybody expected 20K in 2 weeks like the glorious December 2017, and now we see a lag at 10K??? );-)))
Extremely disappointing!
Member
- #79
- Edited 10:04am Jul 15, 2019 5:45am | Edited 10:04am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
Another... and another... and another scam!.......
The word scam seem attached more and more on the crypto domain
Sure it's a scam. It's made up from thin air!
They are only some encrypted files!
Only the imbeciles have the nerve to pretend that bitcoin can mean something only because they have decided to stop at 21M );-))) ...how stupid is that?!?! );-)))
The word scam seem attached more and more on the crypto domain
Sure it's a scam. It's made up from thin air!
They are only some encrypted files!
Only the imbeciles have the nerve to pretend that bitcoin can mean something only because they have decided to stop at 21M );-))) ...how stupid is that?!?! );-)))
Member
- #80
- Edited Jul 17, 2019 4:03am Jul 16, 2019 6:11am | Edited Jul 17, 2019 4:03am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
Another... and another... and another scam!....... The word scam seem attached more and more on the crypto domain
Ok, so we all agree on anonymity's "virtues", now can we talk crypto-no-inflation-fallacy ? They say 21M bitcoin sort of scarcity will save the world from the infamous inflation! Really?
...again
Scarcity concept versus monetary policy incentive
(for the aggressive imbeciles, simplest level version)
If the economy slumps (say, Zimbabwe) the value of the constant amount of Bitcoin in circulation in Zimbabwe will start to fall,
simply because the same number of bitcoins (money) will chase a smaller and smaller number of things to buy, in that particular country.
Simple, for dummies! See the pic below!
There will be the same constant amount of "money" about, but it doesn't buy you the same, ...it just pushes up prices!
The same 100% hyper-inflationary result ...even if nobody prints (mine) more bitcoin
_____________________________________________________________
Scarcity can't help nobody if they don't ...work and trade, work and trade, work and trade, work and trade! Dig, dumbo?
Scarcity can't save the nation (world) from inflation.
Scarcity can't save the nation (world) from failed stupid policies!
Scarcity can't replace work, productivity, business!
Because the REAL VALUE doesn't lie in money, gold, platinum, oil, physical precious commodities, checks, credit cards, video game coin, social network coin, jelly beans, shit, chocolate, champagne...! ...doesn't lie in things, ...doesn't lie in material stuff !!!!!!!!!!!!!!!!!!!!!!!!!!!!
Inflation (value) is not a money endogenous phenomenon!
That's why crypto domain is not superior to fiat ! Crypto is not a more solid instrument to preserve value!
Simply because the VALUE doesn't lie in INSTRUMENTS.
Come on, VALUE it's WORK+BUSINESS!
Economic activity, not THINGS, ...FFS!
___________________________________________________________________
The crypto freaks don't understand value of money and economy!
No-inflation fallacy proves the crypto freaks dream at some sort of unrealistic financial world!
___________________________________________________________________
Note: bitcoin utility is just a matter of time and general acceptance, but the "virtues" of the scarcity concept is the main joke here ... it simply sucks, won't work!
Second note: It's true, Nixon was a crook, whatever ...but coincidentally, dropping the gold fkn standard was an epochal correct measure for the economy.
Economists of the world couldn't have been accept it if it was not right, dumb KPMGollum!
...this kind of conspiracy is your illness deep in your losers' soul, ...oh!
Your miserable life, hate and frustration makes you blind and stupid!
Member