Trump Says China Controls Bitcoin—Yet His Administration
Twitter lost control of its internal systems to Bitcoin
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Bitcoin - The Internet of Money
/btc was created to foster and support free and open Bitcoin discussion, Bitcoin news, and exclusive AMA (Ask Me Anything) interviews from top Bitcoin industry leaders! Bitcoin is the currency of the Internet. A distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without the need for any central authority whatsoever.
Bitcoin and most cryptocurrencies expose your entire payment history to the public. Zcash is the first open, permissionless cryptocurrency that can fully protect the privacy of transactions using zero-knowledge cryptography.
Has anyone sued Reddit to regain /r/bitcoin control?
The modes at /bitcoin and their censorship is utterly distructful to Bitcoin. Any newbie or casual bitcoin holder always just joins /bitcoin without knowing the history and the control blockstream is trying to hold over bitcoin. It's doubtful in future we will see the improvements we want to see in bitcoin. There is no way bitcoin will see it's block size increased in the next 10-20 or even 50 years.
Bitcoin being controlled by China is what President Donald Trump believes, but still, his administration supports it. How is that? https://www.financebrokerage.com/bitcoin-controlled-by-china-trumps-suspicions-continue/
The miserable reality is that who controls GitHub/bitcoin controls Core. It's Wladimir who is the real Bitcoin Judas behind so-called BS devs. As evil as theymos.
Gavin make a huge error in judgement by passing on the torch to Wladimir Thats the root of all this issue. Wladimir refused to return github/bitcoin back to Gavin, although many Bitcoiners urged him to do so. (Search and you will find) Wladimir admitted that he supported the ridiculous UASF to attack Bitcoin. From his twitter, he could find good excuses for BS, such as those SW related patents. Meanwhile, this guy could find bad excuses for any anti-Core, such as that Bitmain ASIC patent. This guy is always self-contradictory. He sees any hard fork as unacceptably contentious, while he supports contentious SW, as well as 'permanent 1mb limit'. ** Bashco is the pawn of theymos. Its Bashco who censors posts and bans Bitcoiners. Thus, theymos can always be 'neutral & quiet'. Theymos can add/remove any mods as he likes, and claim it as 'the will of all Core contributors'.** Similarly, those notorious BS devs and Todd are pawns of Wladimir. Its BS devs who spam lies regularly. Thus Wladimir can always be 'neutral & quiet'. Wladimir can add/remove any commit access for anyone as he likes, and claim it as 'the will of all sub users'. Power tends to corrupt and absolute power corrupts absolutely. Especially for a key position that one person can easily impose his own opinion into others by expelling dissenters such as Gavin and claim his own opinion as the only ~possible consensus~, without any power balance. Worse, they wont be responsible for the crime they carry out, because they have such abnormal excuse
We are decentralized group.
Return GitHub/Bitcoin back to Gavin before saying this, Mr. Wladimir. You can always create another GitHub sub easily and freely and build your own Core group upon it. Don't experiment your freak philosophy with Bitcoin. Satoshi spent years to design Bitcoin. He is much more more sagacious than you. It's Satoshi's vision that we believe in, not yours. Changing Satoshi's vision without any consensus is absolutely not acceptable. No thanks.
Anniversary of September 4,2017 Bitcoin control policy in China
Comments from Bidream, about the anniversary of implementation of the Bitcoin control policy by Chinese government What a magical history! September 4, 2017, fall of China. Chinese government began to implement bitcoin control policy. People in this industry joked: "We have to jump off the building!" While some people who don't understand the situation said: "Bitcoin is a liar!" Who on earth is right and who is wrong? Surprisingly, in the past year, we have experienced a year of wealth in this industry. Bitcoin soared from $3,000 to $20,000. All of this happened after the launch of Chinese government's control policy. Why is this happening? If you have to get an answer, I can only say: " Thank to Freedom !" Looking back at what happened in the past year, Chinese philosophy tells us: Don't despair! Because despair often turns into hope. We are Bidream, we are waiting for you with the new market! https://preview.redd.it/tobsi5kj26k11.jpg?width=750&format=pjpg&auto=webp&s=4458ebfa11beaa520e1ba051cc930b0420c095eb
Here is a scenario I am thinking of and they have the capital to do it: - Buy 500,000 Bitcoin off market at $5,000, not affecting price wildly. - Then, buy an additional 500,000 Bitcoin on markets driving price up to $20,000, averaging buy in cost much lower than $20,000. - Place short bets on CME, but not actually owning nor borrowing the digital asset. - Mass sell off starting around $20,000. - Profit on the way up, and then also on the way down. If they somehow lost money on the selling side (which they shouldn't anyway) but if they somehow did, it would count as taxable write off which can further protect their position. I feel like it's only "fair" if CME holds Bitcoin in cold storage. Just curious of the communities thoughts on this?
With control of over 51% of the bitcoin or Ethereum network, China could direct miners to enter malicious blocks onto the chain, ban certain payments, reverse transactions and generally wreak havoc. The same goes for the Bitcoin network, except instead of “several smaller places,” the control of the system is delegated to thousands of nodes - people who choose to run the Bitcoin software on their computers. No central authority makes SpectraMining is the most trusted cloud bitcoin mining company in the world. Gain the highest profits with our top bitcoin mining pool. Get Started Today! Bitcoin has continued to push higher after Wednesday’s rally. The asset trades around $9,650 as of this article’s writing. Bulls expect the asset to continue to gain strength as Ethereum, which leads the crypto market, and other markets like precious metals rally. There are technicals Bitcoin Script and Onchain Contracts: Two High-Level Programming Languages for Bitcoin Cash Last May, the software developer and creator of revoke.cash, Rosco Kalis, released Cashscript version 0
Bitcoin Control: How the Elite control the market - fundamentals don't matter - let's profit
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