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29
Bitcoin just reached $1 Trillion Market Cap
posted 5 years ago by CoolAsACucumber 5 years ago by CoolAsACucumber +29 / -0
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– Heckles 12 points 5 years ago +12 / -0

I don't trust a purely digital currency.

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– bezzle 2 points 5 years ago +2 / -0

The only one worth dabbling in is the one that you can't lose your shirt on.

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– bezzle 1 point 5 years ago +1 / -0

Goodness gracious, you could lose everything! ...0 - 0 = how much again?

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– bezzle 1 point 5 years ago +1 / -0

THERE IS NO OPEN SOURCE CODE OF THE PI NETWORK

Duh. The blockchain hasn't been announced yet. It tells you this shocking revelation right in the white-paper. (And how would a schlep like you or I know how to read "source-coude" anyway? It might as well be a corporate yearly filing with the SEC, because god knows companies never fudge their accounting. We can only rely on "reliable sources" who are all too often corrupt.)

EVALUATE IF THEY'RE DATA IS BEING STOLEN

The only thing Pi requires is a phone number, same as EVERY other crypto traded on a mobile app. Or your bank.

~ ~ ~

All this ALL-CAP screaming to shut down a coin faucet that doesn't cost a dime. You're not a very cool cucumber today.

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– deleted 1 point 5 years ago +1 / -0
... continue reading thread?
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– OiDubb 1 point 5 years ago +1 / -0

How do they work when those that rule you introduce a social credit score in order for you to be able to spend said crypto currency?

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– RachelkillsBam 7 points 5 years ago +7 / -0

That's ok, it's hard to trust something you don't understand.

Bitcoin's ledger for transactions is open and public.

If someone knows your wallet, they 100% know everything you have purchased.

Period.

A digital currency can lead to a totalitarian regime faster than paper ever could.

Why do you think that everyone in China is basically forced to use WePay or Alipay? Why do you think it is that only foreigners in China temporarily are allowed to use cash?

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– bezzle 5 points 5 years ago +5 / -0

Rachel gets it.

Bitcoin is the digital mark of the beast.

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– Heckles 3 points 5 years ago +3 / -0

Ok Mr. Robit.

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– Heckles 2 points 5 years ago +2 / -0

domo arigato

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– SmartGuy 4 points 5 years ago +4 / -0

Dorsey is mindfucking people to link their actual real world bank accounts to his app. The same people who probably think Elon Musk is coming out with a sweet brainchip for them pretty soon.

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– bezzle 5 points 5 years ago +5 / -0

There are 9000 cyptos, most of which have code similar if not identical to Bitcoin. Why is Bitcoin "special" and worth $50k+?

Because they're suckering you into chasing the laser-pointer dot on the wall, that's why.

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– bezzle 2 points 5 years ago +2 / -0

You'll notice that Bill Gates is off buying land while you still haven't cashed out, and you're on a Q board no less, where the general gist of the theory is that the patriots are going to seize cabal assets.

If and when financial exchanges are shut down overnight to enact such seizures, if any held theory that Bitcoin is not cabal-manipulated turns out to be wrong, you're horsefucked.

(And yes, I just got Byrne's telegrams banging off my mobile devices, and my level of trust in him took an immediate dive.)

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– AmericanRaised 1 point 5 years ago +1 / -0

100% you think they would have let bitcoin get this big if they thought it would really hurt them? When it comes to money they don't play! Just ask Gadaffi!

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– AmericanRaised 1 point 5 years ago +1 / -0

So they can't track the big wheels in charge of it?

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– colinsackorpick 3 points 5 years ago +3 / -0

I'm not sure why they can't control it. They own bitcoin.

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– colinsackorpick 1 point 5 years ago +1 / -0

"they" own at least 64% and can wipe an account at any moment. Don't take my word for it, look into the owners and their backgrounds/connections.Then there's problems like losing your account forever of your own volition:

https://www.cbc.ca/radio/asithappens/as-it-happens-friday-edition-1.5875363/this-man-owns-321m-in-bitcoin-but-he-can-t-access-it-because-he-lost-his-password-1.5875366

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– colinsackorpick 1 point 5 years ago +1 / -0

Wow. ultra defensive and for no reason at all. Very suspicious and quite stupid. The article is to highlight what can go wrong with an electronic system.

You don't wonder why the 'Federal Reserve' is in crypto currency? Do you even know who THEY are?

As for ownership, I did the research for myself and your lazy ass should do the same thing. Go ahead and buy into the imaginary currency, and watch them short it. I don't give a shit.

Stupidity is expensive.

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– colinsackorpick 1 point 5 years ago +1 / -0

Ok, now this is comical. Just stop. Insulting me doesn't make you look smart.

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... continue reading thread?
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– bezzle 1 point 5 years ago +1 / -0

Nobody has any clue who owns most BTC, or who's issuing all the tethers.

This all smacks of blow-off phase distribution to Johnny-come-lately FOMOs.

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– bezzle 2 points 5 years ago +2 / -0

With cryptocurrency YOU ARE THE BANKER!

"Banks" aren't the problem with crypto, it's the exchanges -- and you better believe that they're tattling on you. Just look at PayPal, etc, all jamming in for their greedy little skims (and MasterCard has the patent on such things). They can't wait until you're all fully electronic and totally under their control.

Sure: you can park crypto in a hardware wallet. But then it's no different than any other stacked physical commodity that you buried in a hole.

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– ecomwel2021 2 points 5 years ago +2 / -0

unless you leave it on a US exchange. Once you move it into cold storage it literally does not exist. Or am I oversimplifying?

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– bezzle 2 points 5 years ago +2 / -0

Binance is essentially keeping Tether going. Because Binance is the biggest volume crypto exchange and they use Tether to buy everything, then it props up the market cap of Tether.

In other words, Bitcoin is stuffed full of the same kind of number fuckery as the stock-market.

God help you all when it blows up.

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– GoldenFlame 2 points 5 years ago +2 / -0

POG should be used as a new Physical currency. Slammers can be worth more.. I have a shit ton of that stuff left from the 90s.

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– SmartGuy 2 points 5 years ago +2 / -0

AKA I bought bitcoin please buy some Im scared about my investment into a scam

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– OiDubb 1 point 5 years ago +1 / -0

“Dumb dumb”? go eat a dick faggot.... if the world goes crypto there will be credit score.

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– OiDubb 1 point 5 years ago +1 / -0

Crypto is not anonymous. Haven’t been paying attention to what China has been implementing have you?

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– OiDubb 1 point 5 years ago +1 / -0

Nothing is anonymous, if it’s digital it is traceable.

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– OiDubb 1 point 5 years ago +1 / -0

Back doors in EVERYTHING, down to the microprocessors in your devices... everything is traceable....

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... continue reading thread?
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– bigger_bunz 1 point 5 years ago +1 / -0

Nice pyramid scheme you have there.

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– bigger_bunz 1 point 5 years ago +1 / -0

When the dollar collapses, I strongly suspect power outages, communications infrastructure collapse. I expect that society is on the verge of collapse. If this happens how are you going to use bitcoin? we need the gold standard, and that is not going to happen now that the usa is a third world banana republic.

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