Jamie Lannist...i mean Jamie Demon warns once again that Bitcoin is a fraud
Yup. Listen to the banker everyone. Listen to the guy that has the biggest reason of them all to hate Bitcoin. When he says Jump, you jump!
Luckily for me, I just left the market with after a cool ride from $1200 to $3950 BTC ETF´s. Wanting to get mo´money into the real thing - Bitcoin, I'm hodling both Bitcoin AND cash at the moment. So thanks Demon. Thanks for scaring off unenlightened kids and noobies, so I can get a cheap price!
Listen to this idiot;
" Bitcoin is a fraud and will blow. Right now these crypto things.." (what? Crypto things? You don't have ANY clue do you, Jamie?) are kind of a novelty. (Yes, Jamie..Bitcoin is in just another regular ol´9 year old bubble) "People think they're kind of neat." (Yes, Jamie. They ARE kind of neat. They solve a big problem for people, and they make YOU obsolete, you fucktard) "But the bigger they get, the more governments are going to close them down." (No, Jamie. You can't close down Bitcoin.)
Jamie however offers an alternative scenario suggesting that governments could attempt to curb the growth of Bitcoin by threatening anyone who buys or sells Bitcoin with prison.
Yes..this is how insane, evil, violent and fortunately for all of us..DESPERATE these people are.
I sodleded my Bitcoin ETF´s yesterday. When will I receive my money to invest further? MONDAY. 4 fucking days. And idiots like Demon wonder why people want decentralized currencies. Right there fucker. FOUR FUCKING DAYS.
Except for some robotics ETF's I'm done with centralized exchanges and banks. Sure, I'll continue to buy my bread with fiat, but trust me..my buffer account and stock accounts will be decentralized, and in crypto currencies.
Good luck Demon. You old fart. We don't need you anymore. Soon you'll be irrelevant.
Nice post. It is going to be impossible to make BTC illegal I think. It would be like saying: Hey, maths, electricity and internet is illegal unless it is not used for BTC, then it is fine and human progress. I have no doubt that blockchain technology is going to replace the banking industry which is: 1. inefficient (the capital get allocated in the wrong places). 2. dangerous (support money laundering like our good old DNB, while frowning down on a $100 BTC account). 3. nontransparent (do most people know how the money is made (fractional reserve banking) and how the owners of institution like the FED are (some wealthy WS bank). 4. fragile (needs to get bailed out from time to time because of its ponzi like/ scammish nature. 5. ruled by Dark triad infested people like JD. Some arguments against BTC is that it consumes a lot of energy, not really decentralised (a few big mining corporations decides everything) and we do not really know to big fat whales in BTC are, and what they want. At least we know who JD wants, that is something. Anyway, sign this whale up for Bitcoin jail!
Thanks! Nice comment :) I could be a bit too positive on Bitcoin. That is absolutely possible. The Blockchain technology however is pretty revolutionary. Imagine it being here for almost 8 years? and it has been kept almost as a secret. Media has utterly failed (or probably with intention) to inform the public about this technology that is up there with Electricity or the Internet itself.
This tells me that authorities and pretty much the establishment in general has been clueless about what to do. You can't ban it. You can't really start putting people in jail for sending codes to each other. You can't stop it or turn it off. And also, like Vitalik Buterin has showed us with Ethereum (and other crypto currencies as well, but Ethereum specially) it is like digital robotics (AI) with sets of rules that make so many people obsolete.
With industrial robots it is something we "just have to accept" because that only affects the common man. Who gives a shit about them right? But with BlockChain, we make the banker obsolete. Fuck you too. Now, that poses a problem for the powers that be :) They are starting to feel how it feels to be fucked in the ass. It could be a veeeeery long awaited ass fuck.
That's why I'm so excited about crypto currencies. Bitcoin? Unless they screw it up too much, Bitcoin has the advantage of being the original whitepaper on BlockChain. It is a legend out of a comic book, almost to epic for reality. An unknown figure called Satoshi Nakamoto creates this brilliant thing called the BlockChain that will revolutionize the world.
It could absolutely "just" end up as digital gold..and some other currency(ies) will stand out as a much better payment system(s)
But that is just investment strategy IMO. I buy the most Bitcoins, then Ethereums, then Litecoins..then I try to consider which other coins have potential. I 'm sure there will be a lot of good coins surviving this phase.
After the dot.com bubble, a lot of companies failed..many who people had great expectations for. But they weren't good enough. Same with Crypto currencies. Some will just keep going like Google, Apple, Facebook, Nvidia etc.
Which coins do you see the most potential in @whalereward @janusface
Difficult to say. Before, I have mostly invested in stocks where my maths skills and intuition can help me a lot. I am not very tech savvy. I guess BTC is here to stay. I mostly use LTC for transaction: It is much faster. I think of the blockchain technology as kind of an ecosystem where you should be a little diversified. I have Ehtereum, Waves, Eos, Neo++. And as for the decentralised TV and music industry, I bought some Singular DTV. The artist Gramatik just signed up. I also participated in the KIN ICO, which is one of the few ICOs I have seen where an ICO make sense (most of them seem to be semi-scammish). I have never really tried to hype Steem so much although I have invested a lot. So far, it seems like it is much more lucrative to just post without investing in Steem Power. I guess we need some external revenues (in the crypto market) to really talking business. But I am not an expert by any means. Just here to learn:)
nice post yea allot people whit weak hands ,)))
greetings @scandinavianlife
Thanks brother!
Bankers attack bitcoin... China attacks bitcoin... but bitcoin be like:
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@scandinavianlife thanks for sharing your thought on this continuos fight from bankers and government. This are just kicks on the air from them, they will continue doing this until they see they are loosing their time because sooner all later all industries will be disrupted by the blockchain desebtralized technology. Just upvoted. @gold84
Great post! Thanks!
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