Bitcoin is an NSA psyop

There are many reasons for this. The first is that this individual "Satashi Nakamoto" has never been located, and owns 1 million bitcoins, but has never cashed them in, and yet is completely unidentifiable. Also, it is a matter of public record that the CIA with Gavin Andereseen took over the project in 2011. As to the why, it is to familiarize the public with the idea of electronic currency, which gives central authorities enormous power, far more so than in a cash based system, for every transaction is recorded. Also, it is not really hackable except for experts and super computers.

The bitcoin market is insane and a speculative bubble. Bitcoin should be "worth" about $50 to $200 based on their principal function as an electronic Western Union. If the user wishes to hedge against inflation, China and Russia buy gold and silver, and artificial constraints on the price don't change its true value.

With Wall Street getting into bitcoin futures, it will only be a timed for plan Bitcoin crash. The market currently is insane, with "Sex coin" up 300 times, "exclusive coin" 1000 times, "dope coin" 200 fold and "Pepe coin" up 800 fold. In other words, pure speculation with no utility at all. Bitcoin transactions have only increased 3-4 fold since when the price was $700.

Basically, bitcoin serves like 5-8 purposes of the CIA/NSA all at once. If it were really against the powers that be, it would be outlawed and criminalized quite quickly, as counterfeiting money is a felony.

you know how fucking stupid you shills look when you make 15 anti bitcoin threads a day?

reverse psychology shill. clever girl.

actually, I'm not a shill, I though of putting about $2000 in bitcoin in the fall of 2013 when it was about $700. I concluded that it had nothing behind it and because it was not essential for any necessary purpose, it was basically backed by nothing and thus there was no reason to speculate on it. Basically, it stayed at about $1000 more or less until May of this year.

I wrote now because it has gone up like crazy, though not as fast as such gems as "sex coin" up 300 fold in one year, Ganja coin up 200 fold in one year. It is mostly idiot millenials with no money or common sense who are into this now.

Having said that the crypto-currency eco system can be a decent way to raise money for a business that is related to the blockchain. But 90% of the coins out there are basically garbage.

...

In 2012 hiddenserver was busted and the bc grow up.... Opva2 and other shit was bc washed shit.

Other evidence that it is a CIA/NSA psyop
1) It has been official recognized as currency in Japan, which is currently occupied by the US
2) India has declared an official war on cash. Both India and Japan are test cases to see how the public responds to the attempt of a government to ban cash
3) Bitcoin algorithm was created by the NSA in the late 90s and has a backdoor that they can easily access
4) It also provides a very convenient way to monitor and control opposition the Federal Reserve system and infinity money printing
5) It accustoms the public to the idea of a digital currency, before they can manipulate the price and crash it and then "save" people by enforcing a government backed MANDATORY crypto-currency
6) Again, it was an overt CIA project for years, but I repeat myself
7) If it were an actual threat, it would be immediately seized. It is a threat to the fee structure of certain banking elites, who would be displaced in a mandatory crypto-currency, but generally speaking elites would favor this.

So you're a jealous nocoiner. Gotcha.

OP is a crackpot

Not really, fall 2013 is not that new in Bitcoin terms. But still, I don't think it had any real worth then as a store of value, and I don't disagree with my conclusions before now. Still, I am jealous that I could not time the speculation, but that is a matte of insider trading and crowd psychology and those who work for a living can't do this full time. My point in bringing up the shit coins and their growth was that yes, 30 times growth is a huge bubble but nowhere near the growth of shit coins, so it is just as artificial and will crash just as badly, I will be sad to see people lose money, but want to make some myself.

Take what conclusion you want, but deal with my facts and Google what happened to bitcoin in 2011.

Ripple. 300% last week, made a fucking killing. Stop being a faggot and take a risk OP, or stay a poorfag forever.

Makes sense.

Nakamoto, SAtoshi

Bitcoin is a CIA OP. Look up the meaning of the names Nakamoto and Satoshi.

dude, I have an MS in math. Just Google 3 to the 52nd power. That is what you would make from just $1 at the end of the year if that rate of increase continued. To speculate now based on "it went up, etc" is just to put yourself at the mercy of Wall Street futures speculators, and besides these exchanges are unregulated and many things can happen for you to lose all of your money easily.

What I will get into is ICO for legit companies and put some in now and hugely more in when the crypto-currency market crashes for whatever reason.

Wow. So blatant.

Satoshi = central origin
Nakamoto = thinking

Thank you.

All other coins are growing because there is room. Bitcoin will become the “DOW” of crypto currency. Because it’s back by ABC’s why would they make it drop, they can hold it at whatever price they want until they get more companies on board to support it as payment or NYSE to allow them to cash it. Bitcoin is here to stay for a long time it’s the beginning of the mark of the beast

Everything is an NSA psyop on this site. Find some new ideas pol.

KEK

When Niggers are making THOUSANDS

you know something is going on

Yes, that is what I mean, the point, is it is under their control probably more so than the dollar is, because the exchanges are basically unregulated. If they get it to spread as a method payment, then yes, it is a good intro step to the mark of the beast as you say, but it will take some time for people to become accustomed to it. God willing this won't be in my lifetime. It could be generations before it becomes more formalized but the technology is there.

>Bitcoin is here to stay for a long time it’s the beginning of the mark of the beast
Self fulfilling prophesies. How many retards who are in positions of authority allow society to continue to deteriorate because "it is written".

It is worth noting that the irony in all of this is that many people get into Bitcoin because it is "anti-establishment" If it were really anti-establishment why would it be so well-publicized and held in such high esteem by ultra-insiders like the Winkelvoss twins? The real threat to the system is physical gold, and if they can get foolish money pouring into an asset they can control and crash at will, they can take the money and try to compete with China in stockpiling actual physical gold. The gold-backed renmimbi is a serous threat to their control and it might take place in 10-20 years. Bitcoin is designed as a cash grab in addition to an introduction to a method of social control.

read the thread
he stole it
just a typical nigger

so are you saying he was legit not lying about his ethnic background as evidenced by his claims?

Governments across the the world must have a serious hatred of the banking establishments, for this to be allowed.

I'm not sure if there are any biz fags here but if you are holding bitcoin......
>Please lookinto us dollar tether and >bitconnect
shady shady shit going on to pump the price people are going to be liquidated when it crashes

Also bitfinex has ties to jp morgan chase

ahh shit
normies jumping on the btc train are going to get raped

If it all goes tits up just sell into XMR

...

>Central
>Intelligence

its a form of digital currency that exists outside of government. that's a good utility if you ask me.

>hiddenserver
>Opva2
wat r these

It's just a ponzi scheme, they got busted running their usual scams and moved into tech.

LOL

wrong, its the new anti establishment movement, google neo nazi bitcoin support, its like star wars, its true, all of it , join us