"Bitcoin is a Fraud" and "Worse than tulip bulbs"

Discussion in 'Currencies' started by TreasureHunter, Sep 15, 2017.

  1. House

    House Administrator Staff Member

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    Random thought- out of the 1,400+ “coins”, why isn’t there a crypto that doesn’t fluctuate or have limited supply? Like fiat there’d be almost an unlimited supply but the $50 you hand over now will still be worth $50 next year but with all the blockchainy benefits.
     
  2. Black Rabbit

    Black Rabbit Member Silver Stacker

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    Why do you write so big bro? You're hurting my eyes
     
  3. leo25

    leo25 Well-Known Member Silver Stacker

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    Like Tether? 1 Tether is always $1 and there is no fixed supply.
     
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  4. House

    House Administrator Staff Member

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    Hadnt heard of that one but a bit of Googling and not sure I’d enstrust $1 to them. Apparently it’s a bunch of guys with the money “stored” in shell companies and accounts in the British Virgin Islands...

    As one Redittor puts it;
    “Print tether. Buy bitcoin with tether. Move your bitcoin to gdax to sell for actual USD. Keep buying bitcoin with tether to support the price and sell pressure.

    No regulation or really any realistic way to be caught doing this in forseeable future. Profits in the millions.”

    Excellent idea!
     
  5. leo25

    leo25 Well-Known Member Silver Stacker

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    Yep Tether is as dodgy as it comes, but it does what you were talking about. I guess it's like most financial instruments in this world, it works because people believe it works.
    I guess they got the idea from central banks ;)
     
    mmm....shiney! likes this.
  6. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    down 10 percent this morning... BUY! BUY! BUY!!!
     
  7. TreasureHunter

    TreasureHunter Well-Known Member

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    ^
    I don't know if that's a good idea :)))
     
  8. alor

    alor Well-Known Member Silver Stacker

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  9. House

    House Administrator Staff Member

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  10. JOHNLGALT

    JOHNLGALT Well-Known Member

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    Just testing this website to see whether they are using the latest technology to show that the poster thinks he is posting, but no-one else can see his comments

    Call me paranoid, but on this SSHH website with the CLIQUE we have here, with everyone p ing everyone's pocket I would not be surprised _JLG.

    Fool me once, my fault. Fool me 101 times, my fault. - G. W. Bush.
     
  11. Soprano16

    Soprano16 Well-Known Member Silver Stacker

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    Unfortunately, we can all still see the tripe you're posting all over this forum

    You actually felt the need to post/ask this question in 3 separate threads? Feeling a bit unloved because nobody is responding to anything you're saying?

    Gee I wonder why that is?

    There is no clique on this forum. People are just sick of the crap you vandalise this forum with so it's easier to just ignore you in the hope that you will disappear as opposed to constantly engaging/encouraging you, but alas I have broken that rule by posting this now

    Ah well, seeing as I'm here I might as well point out that you're most recent thread on Gold Stackers was completely worthy of a new thread too. Riveting stuff

    Keep talking to yourself
     
  12. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    I dont know Sop16, if I was bored and there isnt a clique against JohnGalt, could be fun to organise one.

    Starting off with a Thread -> When did JohnGalt start losing it?
    Though I couldnt be arsed at this moment bahahahahahhha
     
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