The red pill

[Anonymous No.11436343]

Here's some facts for you faggots:

1. BTC hasn't been decentralized for years now. It is being manipulated to ensure that there are no crazy pumps or dumps in order to create a 'stablecoin'. The (((foundation))) themselves coming out and saying that BTC should be a 'store of value' and that you shouldn't be using it for what it's intended is evidence for this.

This will only benefit people who bought in extremely early as they are now protected from losing their millions/billions from any crazy price fluctuations as they slowly exit the market and use the money to make proper investments.

2. All coins are dependent on BTC. There isn't a single coin out there that has decoupled from BTC and there never will be. With this being the case, there's no hope of any alt ever pumping to any crazy level because BTC will prevent it from doing so.

3. The only real contender to replace BTC is XRP, but XRP is worse than BTC in that the 'crypto' part of the coin is completely lost. So you either have the option of continuing with a 'stable coin' like BTC that allows some degree of anonymity for payments or replacing it with XRP which is yet another 'stablecoin' minus the anonymity. You're fucked either way.

4. SHA-256 was literally created by the NSA. Do you really think the infinite supply 'bug' that was 'found' in BTC recently that supposedly had no influence in crashing the price but was 'discovered' and 'fixed' when BTC finished crashing down to yearly support levels, was really a bug?

5. Do you really think the US would be okay with some dodgy exchange printing billions in fake USD with Tether and using it to make billions in untaxed gains from BTC?

6. Do you really think that all these shitcoins that are popping up now that claim to 'revolutionize the world as we know it' truly do anything other than what BTC, ETH and Monero could have done if it was something actually demanded by the markets?

This is nothing more than a giant ponzi scheme now.

[Anonymous No.11436358]

>>11436343

[Anonymous No.11436383]

>>11436358
>PORJECTING!
>DUNNING KRUGER!

Ironically you most likely meet the criteria.

[Anonymous No.11436387]

>>11436343
Heres the only fact worth knowing
1. Nobody knows anything about crypto, just enjoy the ride and dont dump all your money

[Anonymous No.11436400]

>>11436387
The foundation for all crypto is Bitcoin Core. The foundation for Bitcoin Core is an algorithm written by the NSA.

...

[Anonymous No.11436406]

>>11436400
>calling it Bitcoin Core
Lmao what a loser

[Anonymous No.11436697]

So i'm not getting my money back

[None !HYDash.K6Y No.11436838]

Another red pill fact.

Artificial Intelligence will hack the financial system and make the stock market crash and tons of investors will jump ship and put it into Bitcoin. Bitcoin will then rise to 100k in Q4 2019. Then even higher.

2021 , The singularity occurs. Bitcoin is now the worlds global reserve.

[Anonymous No.11436894]

>>11436400
sha256 is used as a government standard for nearly every country and is used all accross the web. if there is a backdoor, a lot worse things will happen than crypto "crashing".

>BTC hasn't been decentralized for years now
decentralisation means any node can verify transactions. this is still true. your just a retard that thinks decentralisation means no market manipulation.

>2. All coins are dependent on BTC. There isn't a single coin out there that has decoupled from BTC and there never will be. With this being the case, there's no hope of any alt ever pumping to any crazy level because BTC will prevent it from doing so.
i see your also a newfag who probably bought in 2018/q4 2017.

>3. The only real contender to replace BTC is XRP
lolwut. no.
>but XRP is worse than BTC in that the 'crypto' part of the coin is completely lost.
lmao no.
>BTC that allows some degree of anonymity for payments or replacing it with XRP which is yet another 'stablecoin' minus the anonymity
lmfao. bitcoin and ripple are equally anonymous you retard. addresses are derived from serialised pubkeys.

xrp is shit because it is centralised and the only ones that can validate transactions are UNL's that have been """approved""" by ripple.

fucking retard. kys. i will post this pic again so you can get it through your dense skull that you know next to nothing about this space or how any of it works.

[Anonymous No.11436978]

explain how btc isn't decentralized you Brainlet

[Anonymous No.11437032]

>>11436894
see how triggered you are? the truth hurts doesn't it.

not gonna respond to any of that shit.

oh and i got in the game in mid 2013. 2018? give me a fucking break faggot. keep buying more and more and see what happens. enjoy

>>11436978
i'm the brainlet? the information has been infront of you for years now you stupid faggot. do you really think me explaining this shit to someone who hasn't picked up on this by now is going to bring about any positive result?

[Anonymous No.11437119]

>>11436343
>1. BTC hasn't been decentralized for years now. It is being manipulated to ensure that there are no crazy pumps or dumps in order to create a 'stablecoin'

do you know what decentralized means? you are too stupid, my friend.

[Anonymous No.11437146]

The only truth is deception.

[Anonymous No.11437155]

kek. the story of bitcoin is the most retarded shit ive ever read in my life.

>anonymous guy with pseudonym satoshi buys a fucking domain
>starts shitposting in it and leaves the code there
>later he transfers the domain to another guy through legal means
>WE DONT KNOW WHO THIS GUY IS

and on top of that this whole stupid fucking decentralization bullshit that makes even a kid laugh.

>what is blockstream

theres literally a team working on the software and its not open source in a way that you can change the network by changing the software like an open source p2p application. every fucking cryptocurrency has a team working on it who decides what to do to it and this means centralization. true decentralization is only possible through p2p open source software that anyone can compile and doesnt need an authority. fuck this bullshit made by NSA.

[Anonymous No.11437170]

>>11436838
Are you kidding just 100k you are talking worlf economy will be in this shit at least 100 trillion global market cap

[Anonymous No.11437172]

>>11437032
it's apparent you haven't the first idea how bitcoin actually works if you think it's centralized
in one sentence give me a reason why you think it is. if you fail to do this in your next post I'm just going to quit this thread and forever think of you as a dumb ass

[Anonymous No.11437191]

>>11437155
blockstream developers contribute the least to bitcoin code, most contributions are by people with zero affiliation to blockstream
again, decentralization has nothing to do with development and validaters of the network have the final say in what happens

[Anonymous No.11437194]

>>11436838
>alernative 'fact'

[Anonymous No.11437346]

>>11437191
>>11436894

Open your ears you stupid cunts. The organization who is in charge of changing the codes can turn your so called decentralized network into a centralized one anytime they want. And no, decentralization that is accepted in peoples mind is not just some shitty technical trick. People hearing decentralization actually believe that its a network with no central authority something that is absent on any cryptocurrency network. They all have a central authority. This is the first incentive for any normie lured into crypto. What the fuck is it good for if this is not true? Fucking retards.

[Anonymous No.11437634]

>>11436343
yes this is true

the last bull run was the last one

shits different now

[Anonymous No.11437647]

>>11437155
yes this is true

only grown adult men will see this

[Anonymous No.11437653]

>>11436343
Don't forget about the AI in the blockchain

[Anonymous No.11437678]

>>11437172
one sentence? Core is a subsidiary of multiple corporations with a corporate heirarchy now.

there. that good enough?

[Anonymous No.11437726]

BTC is a beast that must be slain.

[Anonymous No.11437772]

Great post and ty anon. This is what I have been thinking fo the last couple of months. I just wonder what are your thoughts about LINK? Do you see it to be extensively used by banks and financial institutes and other firms?

[Anonymous No.11437889]

>>11437772
i don't hold any link, but link is targeting an interesting segment in the market (middleware).

so link is basically saying 'look we'll let you guys link up all your scams with each other).

link's business strategy is good in that it's targeting a segment that hasn't been targeted seriously before, BUT it's success depends entirely and wholly on whether banks even end up actually adopting crypto in any meaningful form.

if link were to be successful, it's more likely that the banks end up using the underlying technology behind it which would result in the price of link not really being affected to any significant degree.

[Anonymous No.11437945]

>>11436343
If a scam makes you millions of dollars, then it isn't a scam. It's only a scam to the people that lose money or don't sell in time.

[Anonymous No.11437989]

>>11437945
yeah, but if you're someone who bought in any time recently hoping to make a million dollars, you're just hoping the greater fool theory works out in your favour..

i.e. you're gambling

[Anonymous No.11438004]

>>11437989

jews want to eliminate cash so they can tax everyone. the real anonymous money is the cash not retarded shit that runs on the internet. anything on the internet is trackable literally anything. internet belongs to america dont forget that.

[Anonymous No.11438027]

>>11438004
oh yeah the jews right.

the jews, niggers etc etc right? fuck off

[Anonymous No.11438038]

>>11437889

Thanks and it makes sense. I also believe the whole idea of BTC and other cryptocurrencies is a Ponzi scheme and people just but those bits in hoping could sell it to another one. Just think what is the rationality of one BTC be $6k let alone 1mil and above. The NSA guys and early adopters just blowing into the Ponzi scheme.

But I believe the idea of blockchain is an interesting and it might be useful in some practical cases and applications like LINK, but again as you mentioned it wholly depends on how much the banks will trust to such technology for their daily transactions and even if they do, how long it going to take for such adaptation which makes me a bit suspicious about LINK and other meme coins shilled in biz.

[Anonymous No.11438043]

>>11438027

kys

[Anonymous No.11438050]

>Mentioning XRP (lol) as the only real contender to replace BTC

>He doesn't know about the new rising king which invented revolutionery scaling model that can scale up to 10k+ with 5000+ nodes and that it's structure eliminate the need for pooling


I really don't know how this thing keep floating under most people radar

[Anonymous No.11438054]

>>11438038

>BTC is scam
>LINK is not

you autistic subhumans take autism to a whole new level

[Anonymous No.11438057]

>>11436387

This comment is both unironically helpful and Reddit-tier at the same time. My brain hurts.

[Anonymous No.11438080]

>>11438054

Crypto as the currency is scam, period. No government will let crypto take place of their own controlled currencies and otherwise you are delusional. But there is chance for other tokens like LINK which based on blockchain to be useful and adopted in industry or finance and etc. Two quite different stories.

[Anonymous No.11438086]

>>11438038
i don't think BTC started off as a ponzi, but the exchanges and devs and early adopters themselves turned it into one. it's a great example of human greed destroying something that was originally intended to free as many people from the shackles of financial slavery as possible.

the thing with link and any other crypto and potential connections to the banks is, you can't outsmart the banks. if a bank can use the technology behind link by, say, paying sergey and co. a certain sum of money, the banks get to use the tech to make even more money without bothering with actually buying any link.

[Anonymous No.11438092]

>>11438080

>there is a chance that banks would use this shitty token running on another shitty token framework built by a literal autist instead of making their own blockchain


everything i think ive seen the most retarded person on 4chan you faggots surprise me

[Anonymous No.11438104]

>>11438086

BTC was not intended to free of anything anyone you god damn retard. At least read about what youre going to shitpost about fucking idiot.

[Anonymous No.11438116]

>>11438104
really? satoshi didn't want to free people of the banking cartels?

have you read the whitepaper? did you just wake up out of a coma?

your mother should have swallowed you...

[Anonymous No.11438118]

>>11438092

Dude are u unironically an autist faggot? it is not about LINK and I don't hold. Just as an example of a practically application instead of just a currency like BTC.

[Anonymous No.11438122]

>>11438118

your example was shit and you should refrain from posting

[Anonymous No.11438135]

>>11438116

>a team has access to code and edits the so called blockchain as they want
>retard thinks its some decentralized shit that would free humanity

[Anonymous No.11438140]

>>11438135
lol sure man you do realize i'm the OP right?

[Anonymous No.11438150]

>>11438122

Fuck off then and suck my dick faggot!

[Anonymous No.11438155]

>>11438140

whoever the fuck you are, you are a braindead retard who dont know shit about what he is talking about

[Anonymous No.11438175]

>>11438155

Then ask you mother.

[Anonymous No.11438177]

>>11438155
i almost have 1k XRP
when will 1 xrp be 500

[Anonymous No.11438184]

>>11438155
sure man okay. you must've got liq'd with how mad you are.

don't worry arthur hayes will use that $20 to get a good nickel bag

[Anonymous No.11438192]

>>11438184

read about crypto before coming this board shitposting retarded shit like a fucking noob you god damn idiot

[Anonymous No.11438202]

>>11438192
if this is all i have to do to trigger you to such a degree, i will do no such thing, good sir!

[Anonymous No.11438373]

>>11438155
you had a chance at getting something reasonable across but all anyone sees is an insecure and easily triggerable idiot. try again next time bud

[Anonymous No.11438618]

>>11438027
You're in the wrong neighborhood, boy...

[Anonymous No.11438639]

>>11438618
no you need to fuck off back to /pol/ retard. why must you come here, isn't that festering shitpool enough for you? go back and stay there..

literally no one wants you here

[Anonymous No.11438740]

>>11438639
Kek, make me!

[Anonymous No.11438761]

Crypto will retain its value and keep gaining value as long as there's no better alternative to create scarcity. Either you convince me that there's another viable currency which can be protected from inflation caused by continuous money printing or you admit that Crypto still attends a demand which no one else does.

[Anonymous No.11438806]

>>11436343
>only real contender to replace BTC is XRP

[Anonymous No.11438838]

>>11436343
". All coins are dependent on BTC. There isn't a single coin out there that has decoupled from BTC and there never will be. With this being the case, there's no hope of any alt ever pumping to any crazy level because BTC will prevent it from doing so"

Yes thats the case now. but why exacly? what exacly is stopping other counts from being bought with fiat directly?

wouldnt a coin that allows that fix this problem? excuse my ignorance, educate me please

[Anonymous No.11438844]

>>11436343
Posts like this make me question why I bother with /biz/ at all. This place is just one post after another with idiots like OP talking out of their ass, always with some ulterior motive

>This is nothing more than a giant ponzi scheme now
This I agree with

[Anonymous No.11438897]

>>11436406
>Lmao what a loser

[Anonymous No.11438986]

>>11438135

This. If we're actually being honest here nothing about bitcoin is centralized. Mining has been centralized since ASICs came out, Development is centralized to a small number of people, most of the supply is owned by a couple of exchanges etc etc.

[Anonymous No.11439199]

>>11438844
what's the ulterior motive here faggot? this is coming from someone who's been in the scene since 2013 and seen it turn into the giant cesspool it is right now.

you think i want crypto to fail? i don't, but jimmy song and co. have laid the foundation for failure..

>>11438806
you think a bunch of neckbearded basement dwellers are capable of keeping BTC afloat if the US government decides to shut down Core? who do you think would swoop in to take BTC's place? fucking chainlink? give me a break..

>>11438838
it's not about other coins having fiat pairs, it's about how since BTC is the backbone of crypto, all coins are priced relative to bitcoin regardless of whether you buy in fiat or not. so if bitcoin dumps, alts dump.

think about it. if there's a group of people who want to take control of crypto, they don't have to get into each and every single coin, all they have to do is take control of BTC and everything else will fall like dominoes.

[Anonymous No.11439211]

>>11436343

> BTC hasn't been decentralized for years now. It is being manipulated to ensure that there are no crazy pumps or dumps in order to create a 'stablecoin'. The (((foundation))) themselves coming out and saying that BTC should be a 'store of value' and that you shouldn't be using it for what it's intended is evidence for this.


I say this since march and no one was listening.

[Anonymous No.11439228]

>>11439211
OP here.

it's not that they don't know, they just don't want to believe. when jimmy song and co. comes out straight up advocating for credit card usage, they say 'LALALALALA I CAN'T HEAR YOU BTC IS KING MOON MOON'

[Anonymous No.11439247]

>>11439199
>you think a bunch of neckbearded basement dwellers are capable of keeping BTC afloat if the US government decides to shut down Core? who do you think would swoop in to take BTC's place? fucking chainlink? give me a break..

>Monero
>Eth
and a bunch of other actual high quality alts that are launching in 2019.

[Anonymous No.11439250]

>>11438116
>your mother should have swallowed you...
someone out there has this fetish

[Anonymous No.11439258]

>>11439247
>high quality alts that are launching in 2019
X Doubt

[Anonymous No.11439263]

>>11439247
Monero? You think Monero stands a chance of surviving if it becomes as big as BTC? It's a coin that HAS to be in the shadows for it to continue to exist and function.

ETH? You mean the same ETH that played a huge part in crypto being widely perceived as a ponzi thanks to skeletor letting thousands of scam ICOs run on the chain? The same ETH that skeletor himself is detaching himself from?

Ah yeah high quality alts sure man. May as well say Chainlink is gonna take over..

You don't realize how big XRP is do you? You don't realize what they're attempting to do by siding with Trump either do you?

[Anonymous No.11439273]

>>11439263
>xrp
2017 buyer please leave

>skeletor letting
he didnt "let" anything happen. the EVM is a turing complete machine. anyone can build whatever they want on top of it. at least eth is somewhat decentralised in comparison to XRP. xrp is literally no different than using HSBC online banking since ripple has the power to control who gets to validate transactions

[Anonymous No.11439276]

>It is another BCH thread disguised as something else
I guess they realized just shouting BCH or putting picture of Craig in the OP causes people to ignore the thread.

[Anonymous No.11439288]

>>11439273
ETH isn't decentralized you stupid fuck. How easily deluded are you? ETH is about as decentralized as XRP, the leadership just has different priorities.

You think I fucking like XRP? No. But when the people who are supposed to be for furthering BTC's original vision themselves are going against it and selling out to the banks, who the fuck do you think is most likely to take over? Are you thick?

>muh turing complete

yeah keep buying up that shit

[Anonymous No.11439294]

>>11439276
BCH is no different. the whole space is fucked, but eth and BTC led the way.

the solution? kill jimmy song and co and send vitalik to some eastern european shithole

[Anonymous No.11439310]

>>11439288
this is shit bait. kys

[Anonymous No.11440148]

>>11439273


>rippl can freeze muh coins

>rippl decide if your coin or not


Lmao

[Anonymous No.11440172]

>>11436343
So youre saying BTC was their test phase and USA will just launch its own national crypto?

[Anonymous No.11440223]

Fuck but why would (((they))) not pump crypto one more time to squeeze money out of us retards and from even more retarded normies? I think theyll push crypto more into mainstream once more then kill bitcoin and launch government crypto currency.

[Anonymous No.11440232]

>>11440172
the conspiracy theorist in me thinks that BTC was actually created by the US government as a way to fund the less than ethical international ops the US might be engaged in (regime change, spy ops, etc etc) which is why the US has let Finex and the Tether printing machine get away with it when the US could EASILY take the whole operation down since Tether was never proven to be actually backed by anything (an EX FBI guy 'auditing' the place doesn't count). also that it may have been seen as a social experiment to some degree to see if humanity is actually ready for a communist system, which failed horribly obviously lol.

the realist in me thinks that the US will definitely NOT let crypto die, but as with everything else that is revolutionary in the world, the US will want to ensure that the leader in the industry during the initial stages (where it's most profitable) is a US company. i feel like china taking control of the BTC mining was almost an unforeseen event because no one thought of the fact that china has such cheap electricity or that ASICs would perform as well as they do.

now the US may achieve this by simply cracking down on BTC to force the market onto XRP as a transition phase before it introduces its own state backed crypto or let ripple become something like the fed to control the crypto part of the US economy (unlikely)..

[Anonymous No.11440245]

>>11440148
thanks for the rare pepe fren

[Anonymous No.11440326]

>>11440232
>unlikely

Very likely you underestimate the ties of ripple

[Anonymous No.11440352]

>>11440232
>>11440326
This is so much like mr robot. I'm completely clueless as to what to di. Only thing I can safely say is bear market will last some 4-6 more months at least.

[Anonymous No.11440357]

>>11436343

everything you said about shitcoins is correct

everything about bitcoin is incorrect

[Anonymous No.11440375]

>>11440352
split your stack into two. go half in BTC and half in XRP. it's the perfect hedge. if XRP ends up making a significant move, the gains you stand to make will significantly outweigh any losses you might make with BTC crashing, and if BTC pumps, you stand to make money from both as XRP will pump along with it.

basically you're investing in the market leader and the coin trying to overthrow the market leader and has the strongest chance of actually doing so. you literally cannot lose.

>>11440326
that would be fucking insane if it happens huh? wonder if everyone here will start changing their tune then lol

[Anonymous No.11440401]

>>11440375
I think most people here would go batshit crazy this board would be full of scam accusations and grab every straw they can think of to discredit the ripple.

Could be the same as in Mr.Robot where they force e-coin to the gov ;)

[Anonymous No.11440415]

>>11440401
If this comes true this was the biggest chess game ever.

[Anonymous No.11440464]

>>11440415
lol the levels of rage if btc literally dies and XRP coin burns most of their supply and pumps to 20k ahahaha

[Anonymous No.11440481]

Guess you better sell your stack OP

[Anonymous No.11440763]

>>11436978
centralized development
centralized currency printing ..ehh mining, goy
semi-centralized verification of transactions
exchanges are mostly centralized

[Anonymous No.11440788]

>>11436343
>This is nothing more than a giant ponzi scheme now.
Fiat is an even bigger ponzi pyramid with extreme cheat codes for governments and banks.

I'll take the crypto ponzi. much better.

[Anonymous No.11440797]

>>11438027
OYY VEY

[Anonymous No.11440811]

>>11440788
yeah except crypto doesn't have the biggest fucking military in the world backing it.

wtf is core going to do if swat teams kick down their doors? is jimmy song gonna throw his fucking faggot hat at them?

you conspiracy theory faggots are beyond deluded..

[Anonymous No.11440847]

>>11440172
So it seems
Muh early adopters were rewarded for being beta testers
Open source community faggots are just a glorified codemonkeys fixing the bugs, while Core dev team points the way
Seems it was a giant testnet / social experiment

[Anonymous No.11440859]

>>11440811
Well if the chinks have most of it... Then it does because they have the biggest army.

[Anonymous No.11440866]

>>11440811
my dubs > your dubs.

you have no clue about why crypto was invented in the first place.

Also Bitcoin core is shit, only retards don't know that. doesn't mean the whole space is shit. only 90% is.

youza tard boomer if you think having a bank account saving up dollars and euros is a smart move. A npc boomer .

[Anonymous No.11440876]

>>11440859
do you know how far ahead the US is in terms of military technology compared to literally any other country in the world?

do you know how fucking ancient china's standard military issue shit is? or how most of china's shit that is 'new' are reverse engineered plans stolen from the US that the US already knows the ins and outs of?

[Anonymous No.11440992]

>>11436343
Seems like you only just heard of the block stream vs bch debate. Sha256 isn't going anywhere either and quantum soi boi theoretical algorithms will not break it eitherm stop listening to the jew and keep forging the aryan future by doing what is true and right.

[Anonymous No.11441004]

>>11440992
yeah yeah yeah i know the jews are keeping me poor. ok man. here's your attention. now go back to /pol/ please

[Anonymous No.11441022]

Welcome to the block stream enlightenment. Now you see why corporations shouldn't have sole development access to a decentralized currency. Jews and their ilk will use much or their energy to convince you otherwise and will always get very emotional about it.

[Anonymous No.11441108]

>>11441004
You're a weak boi