And he's good-humored about it, since this is only Stage 1 of the competition, meaning he's no closer to actually winning the $500K for first prize to be awarded at the end of Stage 2.
Link to Original Source
So good for the ones that have been telling us that bitcoin was good to protect capital against government fiddling on currency
Here's the thing... whenever anyone tells you there's something good about bitcoin beyond its utility for gambling on the change in value between when you get buy some and when you sell some (and perhaps gambling on whether you get scammed in the process of either of those transactions)... they're lying scammers or deluded cultists.
We've had years of evidence of this but they have a stake in convincing you otherwise.
I use bitcoin to purchase stuff.
HAHAHAHAHA. Thanks for the laugh. There was a brief window where that could be practical, but now you'd just be throwing money away to use bitcoin, and in most cases also incurring extra liability over a cash or credit card transaction. With less convenience, and no anonymity.
Why on Earth would any sane person want to do any of that? It's like carrying a balance on your credit card - you're just throwing an extra portion of your wealth away with every transaction!
Wow. Modded 'flamebait'.
This is what bitcoin cultists actually believe. I swear it's like watching Scientologists attempting to interact with reality.
Fuck off with your bitcoin spam. We're not your pump-n-dump engine.
We might be. There appear to be more people with mod points voting to support the scam's narrative than those voting against it.
But then again, most people who aren't participating in the scam probably aren't interested enough to waste mod points here, or even read the discussion in the first place.
Either way, these posts are an embarrassing reflection on the userbase of this site. I can only assume they're permitted because they're generating page views and that's more important to the owners than not supporting a scam.
Nope. Bitcoin's already dead.
It died long ago, when stores stopped accepting it, when Bitcoin ATMs failed as a business, when VC smartened up and stopped throwing money at it.
You just haven't noticed yet and you're playing with the corpse.
And you don't even have enough confidence in your cult scam to post with a registered UID, which is a pretty strong indicator you know bitcoin's digital shit.
How is saying, "The price is falling!" going to pump up the price? Perhaps it's a short-n-spread-fud scheme.
After you pump the price and dump your bitcoin, you want to drop the price so you can buy more low in preparation for the next pump.
Now, it's unlikely MsMash is a top-level player in that scam, but there are lots of people who want to participate in hopes of enriching themselves.
Since the market is more or less entirely driven by fraud, this is essentially a guessing game of how far bitcoin will go during its ups and downs, so if you're NOT actually one of the big players who is moving the market through exchange fraud or controlling large amounts of bitcoin, you're probably not going to do very well... which seems to make them try all the harder.
>The People's Bank of China said its probe of bitcoin exchanges BTCC, Huobi and OKCoin was to look into a range of possible rule violations, including market manipulation, money laundering and unauthorized financing.
Wait, the price of Bitcoin was pumped by Chinese fraud? If only this had been known earlier! If only we'd noticed that every selling point of Bitcoin has actually been thoroughly debunked, that every major player in Bitcoin has been caught stealing or has failed (or both). If only we'd notice that blockchains have fundamental flaws that make them useless on any decent scale.
Oh, wait, pretty much everyone did know, but the scammers and fools yelled a lot louder and more frequently in their efforts to draw in new suckers so they could cash out.
A list is only as strong as its weakest link. -- Don Knuth