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I would blow Dane Cook
Dec 26, 2008
So tether has got to be a scam right? There's no way they can be backing this with real money properly.

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I would blow Dane Cook
Dec 26, 2008


https://web.archive.org/web/20180117034728/https://www.reddit.com/r/bitconnect

I would blow Dane Cook
Dec 26, 2008






I would blow Dane Cook
Dec 26, 2008
There is no way that tether is legit, but people don't care because it's pushing up the price of Bitcoin.

I would blow Dane Cook
Dec 26, 2008
https://twitter.com/BTCUniversityS/status/954005633073782784

I would blow Dane Cook
Dec 26, 2008

and the bitcoin price spikes above 10k again lol.

I would blow Dane Cook
Dec 26, 2008
Tether has got to be the best bitcoin related scam yet.

I would blow Dane Cook
Dec 26, 2008

Adar posted:

Anyway here's an alternate explanation for Tether printing:

https://twitter.com/ummjackson/status/955642994811576320

So basically, the options are 1)Bitfinex is running a massive money printing scam OR 2)all of the other exchanges EXCEPT Bitfinex are running the scam.

I know you're wondering "why not both?" An excellent question that I will answer just as soon as

Must be 1 because we know that Bitfinex and tether are run by the same people.

I would blow Dane Cook
Dec 26, 2008

I would blow Dane Cook
Dec 26, 2008
HODLing

https://www.youtube.com/watch?v=h7h6oWYYius

I would blow Dane Cook
Dec 26, 2008
https://twitter.com/Bitfinexed/status/956053106516688898

So Bitfinex's accountants have dropped them as a client. No audit for you!

I would blow Dane Cook
Dec 26, 2008
I am currently living on $22 dollars a day, and now 2 weeks behind on rent. This is the story of how I ended up where I am. I first heard of Bitconnect through a friend, we'll call him Jim. Jim was making hundreds of dollars daily through the platform and crypto in general. I had been given 20k for living costs/partial tuition payments by my family. Life was good. Although I knew I'd plunge into debts because of tuition fees, things aren't as bad as they are now. Perhaps the most crippling thing about this scam was it's aggressive affiliate marketing strategy. While Jim was out making hundreds, my money sat in the bank doing nothing whilst I worked as a waiter part time. So I decided to ask him about it. Jim told me about the trading bot and all. Now I know you guys are going to be like " It's was so obvious that it was a scam, It was too good to be true". There was no hard evidence it was a scam, there were general statements that it was a scam however it was devoid of ANY evidence that it was a ponzi scheme because they made us made us believe it was a legitimate company with all these events in Asia, and the mass promotion of the site by affiliates that made the dream seem deal. IT WAS FEASIBLE , if you consider the volatility of bitcoin, the mass amount that was traded ( even with slippage) it could still work. It was feasible that it could produce such large sums of money daily, maybe not forever, but in the current market it seemed possible. He was actually getting paid out and highly recommended the site. Thats the problem with these sites, they don't promote the platform by themselves through adverts ... Its the people closest to you who was telling you and your peers to invest. Users of the site are doing the marketing. Its a spineless strategy that hurts entire communities. All promotors have to do is convince one person. And that one person who believes tells the people who trust him and they all invest. And thats exactly what I did. I admit I got greedy... On Dec 7 I put in 16k, everything I had. The lock-in period wasn't too long and I intended to perform the 60/60 strategy to maximise profit. I was earning an Average of $200 daily and I was living the dream. I could afford to spend more and I didn't have to work part-time because I took out enough from my daily interest to sustain me as I reinvested( not exactly 60/60 but The best thing I could afford). It was a month of Bliss. I had referred others. I felt like I was helping people be more financially independent. In total I had only referred 2 people, however each person took out a 10k loan. One sold their car to go into this. by the time I had my second referral put in It was 2018 already. The was about 2 weeks were they were earning some money and we all went out a lot because we thought we could afford it. Me, Jim and my other two friends were living the high life we were worry free and we maintained a positive attitude because the sponsorship system brought us together and we were able to ignore the FUD as a group. During the cease and desist and Ddos attack we had faith that the platform would pull through like they always did. The night before the shutdown we were out partying. I met probably the hottest girl I had seen in my entire existence, I was telling her how I was a crypto entrepreneur and stuff( yes I was acting like a wanker), but she seemed impressed. Bitconnect gave me so much belief in myself, I had the courage to speak to this beautiful woman knowing I was financially able to support another person as well as myself. We exchanged contact details during the party then parted ways after a night of meaningful talks, hookups and talks about the future. I woke up the next morning with that smug look on my face. The kind of look you give when you feel at your best in a super cocky way. I felt like the Leo Decaprio, in The Wolf of Wall Street. Here was this cheeky kid meeting beautiful women, partying hard, succeeding and having his friends succeed alongside him. As i did routinely, I'd check my lending wallet balance so I could withdraw some and put it in the bank. Halfway through loading the webpage, the groupchat goes off. An article from one of my friends. The end of lending had come. Worried and but reluctant that I was reimbursed in my wallet I proceeded to send them to an exchange. But I was late to the party. Within hours the price had dropped from $400 to $12. Not only had I been screwed by Bitconnect. I was screwed by the market. But more importantly I was screwed by Jim, my close friend. And I had convinced others to lend over 20k in total. I haven't seen or heard from Jim since, He decided to dropout after his girlfriend broke up with him and go work fulltime instead. Am I as guilty as those who promoted to the masses online? My friends feel cheated, Like I had deceived them for commissions. In the end Bitconnect was able to steal over 1 billion dollars in investor's money as well as ruin the lives of 1.5 million of it's users. Were we all simply a tool to allure others into getting scammed. I'm working two jobs now, one for rent and food. And other for tuition. There are many people suffering out there because of the damage Bitconnect has done. But there are many In this very community that have profited massively from the shortcomings of people like myself and my peers. I'm on a major budget, $5 bucks is enough for a box of noodles that could feed the 3 of us for about 2 days. I know begging is not allowed in this subreddit, so I won't. But if you have profited substantially from this ponzi scheme I urge you to do the right thing and reimburse the newer investors( the people) whose money that was stolen and given to you by the platform due to the nature of the ponzi scheme. It doesn't have to be me, but if you wish to do so please indicate in the comments below. I hope you all learn from the mistake I made. NEVER put all your eggs in one basket. and NEVER tell your friends to place their eggs in the same basket as your own. My last hope is for BCC to moon.

I would blow Dane Cook
Dec 26, 2008
https://twitter.com/CarlosMatos80/status/956661760328654848


In case you don't know who this is:

https://www.youtube.com/watch?v=lCcwn6bGUtU

I would blow Dane Cook
Dec 26, 2008
https://twitter.com/Nouriel/status/956477828974784512

I would blow Dane Cook
Dec 26, 2008
https://twitter.com/coindesk/status/957400074329448448

I would blow Dane Cook
Dec 26, 2008
This is good:

https://twitter.com/ButtCoin/status/957419586709872640

I would blow Dane Cook
Dec 26, 2008

quote:

Korea’s workers becoming bitcoin zombies

South Korea's unemployment woes are driving its younger workers to obsessing over virtual currencies.





Almost a third (31%) of South Korea’s workers have invested in bitcoin and other cryptocurrencies.

According to a recent survey by South Korean job portal Saramin, respondents had invested an average of 5.66 million won (~S$7,000) in virtual currencies.

The survey – which involved almost 1,000 South Korean workers, most of whom were in their 20s to30s – also found that more than eight of out 10 of these investors had made money off of trading bitcoin.

More than half of respondents (54%) felt that cryptocurrency trading was “the fastest way to earn high profits”.

With South Korea’s graduates struggling to find jobs in a bleak economic landscape, many have turned to virtual currencies as an alternative pathway to assure their futures.

The country is now one of the hottest markets for cryptocurrencies, ranking third behind the US and Japan. It is also home to Bithumb, one of the world’s largest cryptocurrency trading exchange.

Bitcoin trading has become so ubiquitous in South Korea that the phrase “bitcoin zombie” is now commonly used to refer to people who constantly check the token’s price through day and night, whether at work or at play.

The cryptocurrency investment frenzy has become chaotic enough for even the country’s prime minister, Lee Nak-yeon, to weigh in. Last year, he warned that it could “lead to serious distortion or social pathological phenomena, if left unaddressed”.

The South Korean government recently implemented restrictions and measures to curb the intensity of speculative investments into bitcoin and other cryptocurrencies -- leading more than 200,000 people signed a petition protesting these measures.



http://www.hrmasia.com/content/korea-workers-becoming-bitcoin-zombies

I would blow Dane Cook
Dec 26, 2008

I would blow Dane Cook
Dec 26, 2008
Down 16% in 24 hours lol.

I would blow Dane Cook
Dec 26, 2008

Liquid Communism posted:

DIVE DIVE DIVE

What's the over/under on Tether printings today? I'm going to call $150m USDT, but I might have to take the over.

I think it ran out of ink.

I would blow Dane Cook
Dec 26, 2008
https://www.gdax.com/trade/BTC-USD

watch the meltdown in real time

I would blow Dane Cook
Dec 26, 2008
https://www.youtube.com/watch?v=NNB1x0TYxy8

I would blow Dane Cook
Dec 26, 2008
7.5k lol

I would blow Dane Cook
Dec 26, 2008
https://imgur.com/gallery/xbInQ

I would blow Dane Cook
Dec 26, 2008
https://twitter.com/btc_fuckhyip/status/939873928717131776

https://twitter.com/tibikojo/status/939873508070322181

https://twitter.com/AuroraKamboh/status/939891105553825792

https://twitter.com/z1564011001/status/939893079376461824


Look at the replies here for more hideous rigs

https://twitter.com/NiceHashMining/status/939865768099045376

I would blow Dane Cook
Dec 26, 2008

I would blow Dane Cook
Dec 26, 2008

I would blow Dane Cook
Dec 26, 2008
Almost down 20% in the last 24 hours.

I would blow Dane Cook
Dec 26, 2008
Down 21.23% over the last 24 hours lol.

I would blow Dane Cook
Dec 26, 2008
Can someone explain what XIV is all about and why it's melting down?

I would blow Dane Cook
Dec 26, 2008
Just checking in with the tether printer:

https://twitter.com/tetherprinter/status/960523514884243457


https://twitter.com/tetherprinter/status/960528217042862085

I would blow Dane Cook
Dec 26, 2008

I would blow Dane Cook
Dec 26, 2008

Serak posted:

See, while I appreciate that telling me that it squawks 'gently caress off' is useful to help me determine if this is your budgie, it also guarantees that if I find it, i'm definitely keeping it, so have you REALLY helped yourself here?

Somehow, this is probably yet another an analogy for why cryptocurrency is loving stupid.

Sorry i posted it in the wrong thread.


This is good for bitcoin!

I would blow Dane Cook
Dec 26, 2008
I can't cum until bitcoin goes under 6000.

I would blow Dane Cook
Dec 26, 2008
Bitfenixed got banned on twitter (not Bitfenix).


quote:

This is Bitfinexed.

My Twitter account is currently suspended, earlier I had about 20 tweets that were considered 'private' despite the fact that it's all public information (and some stuff that even the NY times has along with bloomberg, yeah so private), so they've been using bots to mass report my tweets.

If anyone has some sort of direct contact with Twitter that'd be handy. Likely just temporary.

Some people just don't like their scams being exposed.

https://www.reddit.com/r/Buttcoin/comments/7vv1gc/after_failing_to_spam_my_twitter_with_400000_fake/

I would blow Dane Cook
Dec 26, 2008

I would blow Dane Cook
Dec 26, 2008

Minimalist Program posted:

Cramer is on CNBC shouting about my rear end and he has little stockboard graphs and a laser pointer that he is pointing directly at a picture of my rear end and he is going ballistic, telling people to buy , buy, BUY! ( my rear end).

Sounds more intelligent than what you usually get on his show.

I would blow Dane Cook
Dec 26, 2008

I would blow Dane Cook
Dec 26, 2008
Guys I don't think that BepisCoin article is real I can't find it anywhere.

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I would blow Dane Cook
Dec 26, 2008
https://twitter.com/officialmcafee/status/961662994374692864

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