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Heads Up? DUMP BITCOIN

 
Sir France's Beercan

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01/19/2021 02:25 PM
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Re: Heads Up? DUMP BITCOIN
Bitcoin is unstoppable. It is decentralized and control-less.

That’s why they all talk about how angry it makes them, yet realize they can do nothing to stop it.

Banning and blocking an exchange or two will just make direct, on-chain transactions more viable.

The system is untouchable.
 Quoting: REaliZe


Well, it has already been documented as hackable, right?

So maybe untouchable is a lil too far. Just sayin

I don’t know of any financial system that isn’t touched by some government, somewhere
 Quoting: Bodiless


You are right. A 51% hostile takeover is the only way to stop it... But this has been proven to be virtually impossible, and more by each passing day.

And even then, we have enough full nodes that the community at large could easily choose to revert back before the blocks were stolen and follow a different chain of confirmations.

Plus, if the bad actor wants to spend his stolen Bitcoin, it would need to be on the new “hostile” block chain that none of us would accept in perpetuity.

And they would be stopping their own chance at profiting from Bitcoin by the mere fact that it would no longer be a trustless functioning block chain, where their stolen coins are located...

But trust me when I say, there is no way to gain 51% control of our current framework of processing power. What’s behind the network is literally millions of individually controlled ASICs, pools or otherwise.
 Quoting: REaliZe


That’s fine but most bitcoin investors aren’t interested in’ the movement’ they just want to ride the wave. As soon as another system and coin rises to the fore which is far more useable in real terms and institutional money starts flooding into it making it moon, most retail investors will cash out of BTC and jump on the new train.
Kamchatka, President-elect
Culturally outdated by choice

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01/19/2021 02:28 PM

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Re: Heads Up? DUMP BITCOIN
Bitcoin is unstoppable. It is decentralized and control-less.

That’s why they all talk about how angry it makes them, yet realize they can do nothing to stop it.

Banning and blocking an exchange or two will just make direct, on-chain transactions more viable.

The system is untouchable.
 Quoting: REaliZe


Nothing is unstoppable or untouchable. Nothing.
More deplorable all the time.
Maddrummerboy

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01/19/2021 02:28 PM

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Re: Heads Up? DUMP BITCOIN
Biden = bullish for all cryptos
Dr FossilFuel Burner

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01/19/2021 02:31 PM
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Re: Heads Up? DUMP BITCOIN
Bitcoin is unstoppable. It is decentralized and control-less.

That’s why they all talk about how angry it makes them, yet realize they can do nothing to stop it.

Banning and blocking an exchange or two will just make direct, on-chain transactions more viable.

The system is untouchable.
 Quoting: REaliZe


Riiight! They want TOTAL control...and will stop at nothing to get it. Blame it on terrorism, blame it on drugs, blame it on guns, blame it on Russia, blame it on Trump!
dsteele "Rebellion to tyrants is obedience to God" (proposed by Franklin for the motto of the Great Seal of the United States).
Trio

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01/19/2021 02:31 PM

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Re: Heads Up? DUMP BITCOIN
Bitcoin is unstoppable. It is decentralized and control-less.

That’s why they all talk about how angry it makes them, yet realize they can do nothing to stop it.

Banning and blocking an exchange or two will just make direct, on-chain transactions more viable.

The system is untouchable.
 Quoting: REaliZe


Nothing is unstoppable or untouchable. Nothing.
 Quoting: Kamchatka, President-elect


* this *

Pay attention to Quantum AI systems going online. The world is about to be dominated.
Your perception of me is a reflection of you.
I've got a front row seat to the end of the world.
my pronouns are: told/you/so
President Elect dodger007

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01/19/2021 02:33 PM

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Re: Heads Up? DUMP BITCOIN
There’s your hotlist from the Banking Overlords

Fully Digital Currencies soon to come

Now the fight is a race to who become the Worlds Reserve Currency

Yuan or Dollar
 Quoting: Bodiless


Fiery video about this from Celente

You can count on America to do the right thing after exhausting every other alternative."
Winston Churchill
BodilessModerator  (OP)
Forum Administrator

01/19/2021 02:33 PM

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Re: Heads Up? DUMP BITCOIN
Bitcoin is unstoppable. It is decentralized and control-less.

That’s why they all talk about how angry it makes them, yet realize they can do nothing to stop it.

Banning and blocking an exchange or two will just make direct, on-chain transactions more viable.

The system is untouchable.
 Quoting: REaliZe


Nothing is unstoppable or untouchable. Nothing.
 Quoting: Kamchatka, President-elect


* this *

Pay attention to Quantum AI systems going online. The world is about to be dominated.
 Quoting: Trio


Yes, I think the coiners have severely underestimated the Bankers and their expertise

Time will tell
“We have assembled the most extensive and inclusive Voter Fraud Organization in the history of America”—Joe “SippyCup” Biden

Joe Biden will never be the man Michelle Obama is

The worst thing about dying is that you become a democratic voter for eternity
The 10th Doctor

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01/19/2021 02:33 PM
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Re: Heads Up? DUMP BITCOIN
Bitcoin is unstoppable. It is decentralized and control-less.

That’s why they all talk about how angry it makes them, yet realize they can do nothing to stop it.

Banning and blocking an exchange or two will just make direct, on-chain transactions more viable.

The system is untouchable.
 Quoting: REaliZe



DUUUUUUUDE. No.


Bitcoin is a MLM scheme. Might as well invest in Beanie Babies. Horrible investment.
Fan of Trump. Fan of Freedom.
JohnDough

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01/19/2021 02:37 PM
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Re: Heads Up? DUMP BITCOIN


US payment of $1.7 billion to Iran was made entirely in cash using non-US currency

[link to www.businessinsider.com (secure)]



Last Edited by JohnDough on 01/19/2021 02:38 PM
Ivermectin is the answer...
Sanibel

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01/19/2021 02:38 PM
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Re: Heads Up? DUMP BITCOIN
There’s your hotlist from the Banking Overlords

Fully Digital Currencies soon to come

Now the fight is a race to who become the Worlds Reserve Currency

Yuan or Dollar
 Quoting: Bodiless


XRP
Sanibel
Debug

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01/19/2021 02:41 PM
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Re: Heads Up? DUMP BITCOIN
The Quantum AI will break the blockchain in mere seconds.

They will be able to rewrite it in whatever fashion they choose in a matter of mere seconds.

Watch...
M R E

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01/19/2021 02:43 PM

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Re: Heads Up? DUMP BITCOIN
There’s your hotlist from the Banking Overlords

Fully Digital Currencies soon to come

Now the fight is a race to who become the Worlds Reserve Currency

Yuan or Dollar
 Quoting: Bodiless


Fiery video about this from Celente

 Quoting: President Elect dodger007


Celente's weekly Youtube videos are great, he at times leaves me in stiches, he holds very little back!

peace
would rather have it & not need it then need it & not have it
Raintown

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01/19/2021 02:44 PM
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Re: Heads Up? DUMP BITCOIN


LOL. Dump BitCoin... Why? So you can get in at a good price?

Crypto is not and can not be controlled by any Government.

Nice try, though.
Raintown
BoatyMcBoatface

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01/19/2021 02:49 PM

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Re: Heads Up? DUMP BITCOIN
Bitcoin is unstoppable. It is decentralized and control-less.

That’s why they all talk about how angry it makes them, yet realize they can do nothing to stop it.

Banning and blocking an exchange or two will just make direct, on-chain transactions more viable.

The system is untouchable.
 Quoting: REaliZe


Well, it has already been documented as hackable, right?

So maybe untouchable is a lil too far. Just sayin

I don’t know of any financial system that isn’t touched by some government, somewhere
 Quoting: Bodiless


Digital / online wallets are hackable.. I'm not aware of Bitcoin ever being hacked. You have a link for that?
````````````````
````__/\__``````
~~~\____/~~~~
.~~..~~~....~​~~
~..~~~....~~~~

Thoughts do not come from you nor God; you do not create thoughts; you are not your thoughts; every thought is a lie.
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Bruell

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01/19/2021 02:50 PM
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Re: Heads Up? DUMP BITCOIN
When everybody sells their Bitcoin? Who is gonna pay them and with what money? It's backed bij greed, not money or gold....
"Here could have been written an quasi intelligent Latin phrase, or some shit somebody else made up"
Blenderizer

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01/19/2021 02:54 PM
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Re: Heads Up? DUMP BITCOIN
I hear the constant argument that it's decentralized and nothing 'they' can do. But what happens when quantum AI systems are in total control of the network and are able to break the blockchain?

OR what happens when the majority of miners in China are taken down by the CCP when they push their own digital currency?

People who are in bitcoin never want to answer these questions because they are currently living a casino life.
 Quoting: Trio


Or what happens when the computations necessary to mine the final few bitcoins cost more in energy than they can be sold for on the market?

The thing everyone should be thinking about is our power grid, how long is it going to last? Trump didn't pour any money into it, and Biden will spend it all on sex change operations.
Modeling reality
Violetag

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01/19/2021 02:56 PM
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Re: Heads Up? DUMP BITCOIN
Bitcoin is unstoppable. It is decentralized and control-less.

That’s why they all talk about how angry it makes them, yet realize they can do nothing to stop it.

Banning and blocking an exchange or two will just make direct, on-chain transactions more viable.

The system is untouchable.
 Quoting: REaliZe


Well, it has already been documented as hackable, right?

So maybe untouchable is a lil too far. Just sayin

I don’t know of any financial system that isn’t touched by some government, somewhere
 Quoting: Bodiless


Digital / online wallets are hackable.. I'm not aware of Bitcoin ever being hacked. You have a link for that?
 Quoting: BoatyMcBoatface


No they dont .. because its all talk .. when quantum AI takes over .. uhu AI will probably decide we are not worth it to live on this planet and kill us all .. who cares if you have BTC or USD .. and that same "Quantum IA" could manipulate the shit out of stockmarkets and the banking systems with ease.
Kryten
JGM

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01/19/2021 03:01 PM
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Re: Heads Up? DUMP BITCOIN
Bitcoin is unstoppable. It is decentralized and control-less.

That’s why they all talk about how angry it makes them, yet realize they can do nothing to stop it.

Banning and blocking an exchange or two will just make direct, on-chain transactions more viable.

The system is untouchable.
 Quoting: REaliZe


hesright
JGM

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01/19/2021 03:02 PM
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Re: Heads Up? DUMP BITCOIN
Bitcoin is unstoppable. It is decentralized and control-less.

That’s why they all talk about how angry it makes them, yet realize they can do nothing to stop it.

Banning and blocking an exchange or two will just make direct, on-chain transactions more viable.

The system is untouchable.
 Quoting: REaliZe


Well, it has already been documented as hackable, right?

So maybe untouchable is a lil too far. Just sayin

I don’t know of any financial system that isn’t touched by some government, somewhere
 Quoting: Bodiless


Digital / online wallets are hackable.. I'm not aware of Bitcoin ever being hacked. You have a link for that?
 Quoting: BoatyMcBoatface


No they dont .. because its all talk .. when quantum AI takes over .. uhu AI will probably decide we are not worth it to live on this planet and kill us all .. who cares if you have BTC or USD .. and that same "Quantum IA" could manipulate the shit out of stockmarkets and the banking systems with ease.
 Quoting: Violetag


Lol stop with your AI fear porn.

Bitcoin wallets are unhackable. There is no documentation of hacking a wallet.

Plenty of documentation of losing passphrases, losing coins, sending coins to wrong addresses, having passwords stolen, etc. But the math only goes one way.

It would take hundreds of years minimum for a single address to be "hacked" by brute force math.

Last Edited by JGM on 01/19/2021 03:05 PM
Trio

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01/19/2021 03:02 PM

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Re: Heads Up? DUMP BITCOIN
The Quantum AI will break the blockchain in mere seconds.

They will be able to rewrite it in whatever fashion they choose in a matter of mere seconds.

Watch...
 Quoting: Debug


* this *

Also this is the new cold war arms race. So this tech is going to be unleashed in a BIG WAY.

They will standardize and centralize a digital currency globally. They will decide what goods and services can be exchanged. And they will track every move you make. That has to be the plan. It's the only way to dominate the world.
Your perception of me is a reflection of you.
I've got a front row seat to the end of the world.
my pronouns are: told/you/so
Max Powers

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01/19/2021 03:16 PM
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Re: Heads Up? DUMP BITCOIN
Be careful little minnows swimming with the whales
Violetag

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01/19/2021 03:17 PM
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Re: Heads Up? DUMP BITCOIN
...


Well, it has already been documented as hackable, right?

So maybe untouchable is a lil too far. Just sayin

I don’t know of any financial system that isn’t touched by some government, somewhere
 Quoting: Bodiless


Digital / online wallets are hackable.. I'm not aware of Bitcoin ever being hacked. You have a link for that?
 Quoting: BoatyMcBoatface


No they dont .. because its all talk .. when quantum AI takes over .. uhu AI will probably decide we are not worth it to live on this planet and kill us all .. who cares if you have BTC or USD .. and that same "Quantum IA" could manipulate the shit out of stockmarkets and the banking systems with ease.
 Quoting: Violetag


Lol stop with your AI fear porn.

Bitcoin wallets are unhackable. There is no documentation of hacking a wallet.

Plenty of documentation of losing passphrases, losing coins, sending coins to wrong addresses, having passwords stolen, etc. But the math only goes one way.

It would take hundreds of years minimum for a single address to be "hacked" by brute force math.
 Quoting: JGM


thats not fear porn its sarcasm .. and that last comment you made makes clear you have no idea about quantum computing.

Last Edited by Violetag on 01/19/2021 03:17 PM
Kryten
Max Powers

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01/19/2021 03:18 PM
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Re: Heads Up? DUMP BITCOIN
The Quantum AI will break the blockchain in mere seconds.

They will be able to rewrite it in whatever fashion they choose in a matter of mere seconds.

Watch...
 Quoting: Debug


* this *

Also this is the new cold war arms race. So this tech is going to be unleashed in a BIG WAY.

They will standardize and centralize a digital currency globally. They will decide what goods and services can be exchanged. And they will track every move you make. That has to be the plan. It's the only way to dominate the world.
 Quoting: Trio


That and crack military communications.
Max Powers

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01/19/2021 03:21 PM
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Re: Heads Up? DUMP BITCOIN
The Quantum AI will break the blockchain in mere seconds.

They will be able to rewrite it in whatever fashion they choose in a matter of mere seconds.

Watch...
 Quoting: Debug


* this *

Also this is the new cold war arms race. So this tech is going to be unleashed in a BIG WAY.

They will standardize and centralize a digital currency globally. They will decide what goods and services can be exchanged. And they will track every move you make. That has to be the plan. It's the only way to dominate the world.
 Quoting: Trio


That and crack military communications.
 Quoting: Max Powers


And s.w.i.f.t., etc.....

We may have to go back to a 100% physical cash.

This is no joke. The first Q.A.I. computer will be billions of times faster then any current super computer
Pookiegus

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01/19/2021 03:24 PM
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Re: Heads Up? DUMP BITCOIN
What Yellen said has been true since the invention of bitcoin and crypto currencies. However, what his comment really means for the crypto space is that all crypto exchanges like coinbase will have to know your identity by using (KYC) before they allow you to purchase, sell or transfer bitcoin and any other crypto coins.

It's slowly been happening the last few years. It's not bitcoin that's the problem. It's anonymous transfers that could allow all the bad stuff Yellen talks about to happen.

The government knows it can't stop bitcoin unless they shut off the power grid world-wide. . . so instead they go after the places where bitcoin is bought and sold. First in this country and then overseas. Even exchanges overseas have started asking for proof of identity before they give your an account that lets you move large amounts of crypto. They have also been blocking American users from accessing their sites for the past few years. Once the exchange knows your identity the government,if it needs to, can easily find out your history and track all of your bitcoin because everything is public on the bitcoin blockchain.

With untraceable crypto privacy coins like monero this KYC plan still works. Eventually the bad guys will need to cash them in or exchange them on an exchange for Fiat currency and that's where they know your identity.

So that's how I think they will control things moving forward. The government just wants their cut of the action. For many years the crypto space has been like the wild west or like an off shore bank account. . . It has been slowly changing during Trump's presidency and I imagine it will continue with Biden's more rapidly.

Just pay your taxes on crypto when you cash in and you will be fine!
Trio

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01/19/2021 03:26 PM

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Re: Heads Up? DUMP BITCOIN
The Quantum AI will break the blockchain in mere seconds.

They will be able to rewrite it in whatever fashion they choose in a matter of mere seconds.

Watch...
 Quoting: Debug


* this *

Also this is the new cold war arms race. So this tech is going to be unleashed in a BIG WAY.

They will standardize and centralize a digital currency globally. They will decide what goods and services can be exchanged. And they will track every move you make. That has to be the plan. It's the only way to dominate the world.
 Quoting: Trio


That and crack military communications.
 Quoting: Max Powers


And s.w.i.f.t., etc.....

We may have to go back to a 100% physical cash.

This is no joke. The first Q.A.I. computer will be billions of times faster then any current super computer
 Quoting: Max Powers


Thousands of years advancement in mere months.
Your perception of me is a reflection of you.
I've got a front row seat to the end of the world.
my pronouns are: told/you/so
Sir France's Beercan

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01/19/2021 03:28 PM
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Re: Heads Up? DUMP BITCOIN
Isn’t BTC a bit clunky compared to newer coins, like bringing a 1989 VW polo to a drag race with a BMW i8?
Pymander

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01/19/2021 03:29 PM
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Re: Heads Up? DUMP BITCOIN
I'd say now is a good time to buy gold. Who knows what TF is going on with our country.
BodilessModerator  (OP)
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01/19/2021 03:31 PM

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Re: Heads Up? DUMP BITCOIN
What Yellen said has been true since the invention of bitcoin and crypto currencies. However, what his comment really means for the crypto space is that all crypto exchanges like coinbase will have to know your identity by using (KYC) before they allow you to purchase, sell or transfer bitcoin and any other crypto coins.

It's slowly been happening the last few years. It's not bitcoin that's the problem. It's anonymous transfers that could allow all the bad stuff Yellen talks about to happen.

The government knows it can't stop bitcoin unless they shut off the power grid world-wide. . . so instead they go after the places where bitcoin is bought and sold. First in this country and then overseas. Even exchanges overseas have started asking for proof of identity before they give your an account that lets you move large amounts of crypto. They have also been blocking American users from accessing their sites for the past few years. Once the exchange knows your identity the government,if it needs to, can easily find out your history and track all of your bitcoin because everything is public on the bitcoin blockchain.

With untraceable crypto privacy coins like monero this KYC plan still works. Eventually the bad guys will need to cash them in or exchange them on an exchange for Fiat currency and that's where they know your identity.

So that's how I think they will control things moving forward. The government just wants their cut of the action. For many years the crypto space has been like the wild west or like an off shore bank account. . . It has been slowly changing during Trump's presidency and I imagine it will continue with Biden's more rapidly.

Just pay your taxes on crypto when you cash in and you will be fine!
 Quoting: Pookiegus


You get it

bump
“We have assembled the most extensive and inclusive Voter Fraud Organization in the history of America”—Joe “SippyCup” Biden

Joe Biden will never be the man Michelle Obama is

The worst thing about dying is that you become a democratic voter for eternity
Pres. Elect Festus Hoggbottom

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01/19/2021 03:38 PM

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Re: Heads Up? DUMP BITCOIN
Yet the $USD is at the top of every criminal organization's Christmas list. BTC is just a means for them to pass $USDs around the globe without any gub'mint hands in the cookie jar. That part does not apply only to criminals.
I did it. I did it on purpose. And I'll do it again.





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