Official Bitcoin FUD thread 2020 Q1
BitCoinHodlerHe/Him.
FUD means Fear, Uncertainty, Doubt.
FYI-Video of propaganda techniques during a bitcoin conference. The entire 36 minute long video is interesting to watch if you're into seeing how the top people of a MLM scheme behave but I have a link to 7:45 where the true MLM part of bitcoin comes up. Let me know if it gets taken off, I have downloaded a backup and will upload again to youtube.
youtu.be
Comments
last commentTherebare idiots in every incestment scheme and every business. Stay away from any MLM having to do with crypto currency. Consider them all scams. Investing on your own xan be great. Either buy and hold or learn about trading
investment
Bitcoin-be your own boss bitch!
Macktruck has a load of good advice.
Things like Bit-Coin should not exist. We have the legal ability to eradicate it. We should do so.
Same for Facebook's Libra.
SJG
^^ I agree with getting rid of Facebook's Lebra. Facebook already has too much of people's info. They don't need to have people's wallets also...
Bitcoin is priced by the free market and does not have your personal info.
We don't want corporations making their own currency. Get rid of BitCoin, and Facebooks Lebra.
SJG
TJ Street
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Steve Winwood and Eric Clapton - Dear Mr. Fantasy (HQ)(Crossroads Guitar Festival 2010)
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Little Wing
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Bitcoin is not a company
Whatever it is, it should not be creating its own currency.
SJG
Easily the worst rap song I've ever heard. It was 900k plus views LOL.
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Ponzi Schemes are illegal. The opinion was written by Chief Justice and former President William Howard Taft.
We prosecute people who run ponzi schemes.
SJG
Carlo Ponzi spent a decade in federal prison, then his natualized citizenship was revoked and he was expatriated.
He did end up working for Mussolini. But even there he got booted. He ended up in South America where he died sick and broke.
SJG
Think of the muscle control they must have to make this work hands off:
www.theadultblog.com
TJ Street
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Steve Winwood and Eric Clapton - Dear Mr. Fantasy (HQ)(Crossroads Guitar Festival 2010)
www.youtube.com
Little Wing
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Blues in 'A'
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Article about bitcoin mixers which basically makes it more difficult to track who's bitcoins are who's. Bitcoiners use this to make illegal purchases on the dark web. Simply using a bitcoin should be a crime. Please write to your congressmen asking for the use of bitcoin mixers to be outlawed.
modernconsensus.com
We should make cash illegal as well because you can do illegal things with it in person.
Bit Coin should be prosecuted and shut down because people have made their own currency, not because one might use it for illegal stuff.
SJG
Peter Frampton Do You Feel Like We Do (2019, quite interesting)
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Creedence Clearwater Revival - I Heard It Through The Grapevine
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Amy Winehouse/Paul Weller - I heard it through the grapevine.Hootynanny 2006.
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Hilarious bitcoiner gets triggered when someone says there's no reason to use his funny money.
www.reddit.com
What is this "Bitcoin" thing? Can somebody please explain it to me? What is it, and how does it work? How exactly are bitcoins produced? How do I use it? I don't know ANY of these things because I'm lazy and stupid!
... but at least I don't make judgments about things I know nothing about...
hehe :-)
Excuse me this is the meme page regarding bitcoin. Post funny media regarding bitcoin. I'll even welcome pro-bitcoin media, anything involving crypto is a meme anyways.
www.reddit.com
www.reddit.com
Whether or not BitCoin is used for money laundering or illicit commerce, it is still a ponzi scheme. Why would obviously intelligent people have any concern over it?
SJG
CNBC anchors all bullish on Bitcoin: www.reddit.com
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Are they bullish on roulette wheels?
SJG
How about Russian Roulette?
SJG
LOL @ the CNBC article. The comments on r/bitcoin are all saying it's a bearish sign. True comedy godl.
Also when crypto enthusiasts say but cash is laundered too!!! Well yes, but in terms of primary use cases cash is alot more useful then funbux. All pedo pesos are good for are illegal transactions.
Money it bitcoin, money in the Ponzi Stock Market, these are bearish signs, signs of fatalism at work.
SJG
What is bitcoin? I have no fucking idea what it is, please explain it to me! How does it work? How do I use it? Where do bitcoins come from? I don't have a clue, please explain it to me! You all know so much about it, please tell me how it works!
:-)
It's a pseudoanonymous tool to make dark web transactions. Backed by comedy godl.
I find it hilarious how butters always talk about the price when it increases but say they're in it for the tech when it decreases. The truth is butters just want to pitch their (decentralized) ponzi scheme to other people so they can sell for fiat at a higher price.
Then there's me who hated pedo pesos since it was at 200 and will continue hating no matter how many poor poor souls are tricked into trading their trusty fiat for imaginary funbucks.
www.reddit.com
Random dude on the internet talking about storing bitcoin in a hole literally in his backyard, talks about the steps he took to secure it. Be your bank! Money of the future! Below is a copy/ paste from the reddit thread.
printed paper wallet on a fresh linux install to a laser printer
this had both the QR code and a uncompressed WIF key that you can read
"laminated" the paper with packing tape
made a USB stick
the motivation was to make something that could potentially survive the loss of various digital formats - what if in the future nobody knows how to read a JPEG?
with 3 partitions
ext3
NTFS
FAT
put the private key on the USB stick in various formats
word
text file
PNG
GIF
JPEG
3d printed a QR code (public and private key)
each of these three things I sealed up with my vacuum foodsealer
"It's a pseudoanonymous tool to make dark web transactions. Backed by comedy godl."
Welcome back to Who's Bitcoin is it Anyway, where nothing is made up, but it's okay because the points don't matter! BitCoinHodler/CTLennay..... You get 1/2 point for correctly characterizing Bitcoin as pseudoanonymous. However, you lose one point for mischaracterizing Bitcoin as something that is exclusively used for dark web transactions*. You get -1 sillies for the comedy godl bit.
Congratulations, your score is -1/2 points and -1 sillies! Thanks for playing.
*How did I make an Amazon purchase a couple weeks ago by only spending my bitcoins? Is Amazon part of the dark web? Better luck next time....
The comedy godl bit always gets a few chuckles at the socialist meetings I go to.
Amazon doesn't accept bitcoin no clue what you're talking about. If you did (theoretically) use bitcoin on Amazon it's considered a taxable event. Money of the future!
When you do use bitcoin to purchase something online the system actually sells the bitcoin for cash then sends cash to the retailer so the retailer doesn't actually hodl any funbucks.
www.reddit.com
Hilarious person brags about making their first bitcoin transaction. Comments are congratulating her while also stating their first transitions were heroine/shrooms on the silk road. Then there's another comment chain on the fees involved and how easy it would theoretically be for her to scam them paying by bitcoin. Money of the future! I love holding my breath everytime I try to purchase something!!!
Also Amazon doesn't accept bitcoin.
www.reddit.com
An exchange loses this dudes money, he basically has recourse. Comedy godl ensues.
Amazon doesn't accept bitcoin.
www.reddit.com
In a move of brilliant marketing some redditor adds anime eyes to a bitcoin to make them more appealing to the basement dwellers who purchase crypto.
Amazon doesn't accept bitcoin.
People should have more important things to concern themselves with than BitCoin.
SJG
Daniel Castro - I'll Play The Blues For You
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Slow Blues/ Blues Ballads 1 - A two hour long compilation
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I agree and I don't.
The type of people who like bitcoin would probably spend their time trading stock options or penny stocks in an effort to get rich quick without doing any work if bitcoin didn't exist. The other type of people who like bitcoin would spend their time advancing libertarian ideals. Bitcoin is a good way to let undesirables waste their time.
Then there's people like me who enjoy reading bitcoin stuff when pooping cause the things these man children post is hilarious, true comedy godl.
But they shouldn't be trading stock options either. No information which they could have has any predictive value. They are just betting against the fund managers.
What they should be doing is putting their own money into their own affairs, investing in themselves and building up a brain trust.
SJG
Dude logs into check his coins from Iran, ends up losing them all. Decentralized money of the future everyone!
www.reddit.com
Some idiots just don't know how Bitcoin works.... ;-)
And some idiots actually put real money into BitCoin.
SJG
'Frampton Comes Alive II' 1995, San Francisco
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Yardbirds
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Yeah, can you believe there are people out there who think Amazon accepts bitcoin when they very clearly dont?
Really? Seems unlikely. Who thinks Amazon accepts bitcoin?
Who worries whether Amazon accepts bitcoin?
SJG
I think it's the same idiots who dont know how bitcoin works you referenced in an earlier comment.
Maybe we should ask one of those idiots....
Oh, btw, BitCoinHodler... does Amazon accept bitcoins?
Amazon doesn't accept bitcoin.
Here's a funny reddit thread about people in a mlm scheme encouraging people not to cash out their funbux
www.reddit.com
I buy all da shitcoins there ano nun left
Kang of da trolls mane. And still dumpin loads
Are you sure you're the king of the trolls? Satoshi got a bunch of losers to buy into some imaginary internet coins which turned into some weird cult. Satoshi is the greatest troll ever and creator of some of the best comedy godl.
If you told a hodler bitcoin was a scam they'd have the same reaction as someone from ISIS being told Allah wasn't real. Look at this very obvious cult like thread. This is honestly something that's very fascinating to watch in real time.
www.reddit.com
BSV is the one to jump in ASAP.
It would have been hilarious if Craig Wright had the keys to the genesis block basically proving he was Satoshi or had close ties to him. I think given his court case if he were Satoshi he'd prove his keys by now so it's safe to say he isn't.
Wright simultaneously created a coin more useful than Bitcoin yet more scammy at the same time.
In the latest episode of you cant make this shit up, Craig Wright claims attorney client privilege and points to the LinkedIn of Kenyan lawyer which reads "I am lawyer" I think I've gotten more enjoyment out of crypto laughing at the people in the space than most have gotten "investing" in it.
coinfomania.com
Reddit user starts to question whether or not bitcoin is a true store of value. This is bitcoins first true test through a global crisis, I hope it doesn't kill it forever, I still have more comedy godl I'd like to mine.
I'm kind of stuck in a weird place with bitcoin because when the price goes up the bitcoin manchildren are more likely to actually talk to me, when it goes down they stay in their caves :(.
www.reddit.com
Bit coin could have some use for paying long distance bills. But not for anything else, not for storing money in it.
SJG
Bitcoiners see its value plummeting from corona. Still desperately to spin it as bitcoin doing its job.
www.reddit.com
Sooner we can terminate bitcoin the better, and the same for facebooks cryto currency.
SJG
Crypto is down during this crisis but holy hell WTF is this meme.
i.redd.it
www.youtube.com
youtu.be
Watch the videos, then make your comments.
Sir this is not a chain to talk about blockchain fundies this is supposed to be about memes.
I'd bite if there could be higher concentration of comedy godl per minute in a video, this is just two crypto "experts" jerking each other off on how "this is good for bitcoin". See my first post on how crypto door to door salesmen are taught that no matter what everything is good is crypto.
Now having said all that, amazon doesn't bitcoin.
Raoul Pal is not a crypto expert. Why don't you get your facts straight before typing something?
Raoul Pal
CEO & Co-Founder
Real Vision
Raoul Pal – A Goldman Sachs alumni and ex-hedge fund manager from GLG Partners, Raoul also writes and publishes an elite macro investor service called Global Macro Investor (GMI) for the world’s leading hedge funds, pension funds, banks and sovereign wealth funds.
doubleline.com
Omg yes! Some fresh comedy godl!
"Creepard references Goldman sachs banker to help validate his life choices."
Please read into sarcastic quotation mark usage.
www.thefreedictionary.com
Reddit thread celebrating retailers who accept bitcoin, first comment is about how they dont actually accept bitcoin.
www.reddit.com
Post note, notice how Amazon is NOT one of them on this list. If the door to door bitcoin salesmen lie about buying something on Amazon using bitcoin what else are they lying about? Make sure to do your own research! They're trying to get you into a decentralized ponzi scheme!
Even more cult like behavior of a bitcoin hodler that calls people who own bitcoin the new global elite. Ponzi scheme and cult in one.
www.reddit.com