Judea decares war on cryptocurrency

heidinger 2017-07-13 12:53:39 UTC #1

Here's the theory (according to realfuhrer on twitter):
Many (most?) altcoins are just Jew scams. Ones that start out clean and good end up being destroyed because Jews buy out the development team of any cryptocurrency that looks good, that gives them control over it.

In Bitcoin's case, it started out as something to fight bankers, but Jews bough the dev team (and even multiple competing teams) and they are turning it into a settlement layer. This means normal people will not be able to use Bitcoin directly but have to go through a (((third party))) and use "off-chain" transactions. So basically it's fucked.

I'm a software developer myself and have been following this for a while but haven't looked at this aspect in enough depth yet to say if it's anything better than just interesting, so I'm reading about how (or if) this actually in reality prevents (((fuckery))) and will report back, this appears to be the crux of it but there's more stuff on the forum as they recently actually did come under attack and discussed how to deal with it.

colonial_german 2017-07-16 01:19:35 UTC #2

I sold off all my crypto currency when it started crashing. I was starting to get the feeling jews were manipulating the market and robbing me of my money.

Vorginia 2017-07-16 01:26:24 UTC #3

It was fucked from the beginning and I can prove it.

It was fucked from the beginning because some white people dont know how to tell jews to go fuck themselves and instead become sellouts.

I win.

putinpepe 2017-07-16 01:29:57 UTC #4

Ya I sold 80 or 90% out of my bitcoins at $2300 (I can't remember exactly). I still have some bitcoins, and I think bitcoin will out survive the other coins in the medium term (but in the long term @heidinger is right, it's probably doomed), but I would not be surprised that most of the altcoins go to zero. Ethereum especially since all of the coin offerings mean that a lot of new ethereum holders are going to want to sell as fast as possible. I's say it's never too late to sell ethereum.

I'm not convinced of adolph coin either to be honest. I'd say just use fiat to make transactions like a filty normie for now, and dump extra disposable income into owning your own house and making more white babies.

Plato_Hates_You 2017-07-16 01:33:12 UTC #5

RIP Bitcoin, 2012 (well, earlier I suppose, but I bought late '12) - 2015.

Had a good run till the Jews started publicly backing, and thus manipulating, it.

Such potential, now it's just another pump and dump scam, or a way for people to move funds they'd rather not have easily tied to their persons (even this is more difficult with increased requirements to purchase).

heidinger 2017-07-16 17:05:35 UTC #6

Absolutely. Convert (((fiat))) into something real.

Adolfcoin is just an experiment and very early/immature anyway, it can't be compared to anything that actually has monetary value (and as far as I can see that's not the point, it started to get value before so they nuked it).

Turd_Ferguson 2017-07-23 16:23:20 UTC #7

Anything fungible is exploitable; informal labor exchange.

Individualist 2017-07-25 23:14:48 UTC #8

How is Bitcoin subject to being forced to be used only through (((their))) exchanges?

pepesdisciple 2017-07-26 06:40:32 UTC #9

Bitcoin is unlikely to die completely. There probably will remain a market in the long term, too. It won't replace Fiat or even VISA but it will fill some niche or two. Similar to PGP encryption not being used in every email, does not make it dead.

The drama is entertaining at times: r/btc and r/Bitcoin. Haven't been following for at least a year though, no time with all the DS perusal.

heidinger 2017-07-26 09:22:44 UTC #10

It's not about their exchanges, it's about "off-chain" transactions and extremely high "on-chain" fees. Things are morphing into a situation where you have to pay for an (((off chain))) transaction and it just gets settled to real bitcoin later via a (((third party))).

Just look at who is pushing (((segwit))), that's all you really need to know.

StLouis 2017-07-27 18:20:23 UTC #12

I don't know about that, segwit looks like a good technical solution solving the malleability issue, that's something.
The scaling issue has always be there, and the '2 level' solution is promising. It should also solve the other big issue : instant transactions.
Yeah bitcoin is immature, but it is still alive. Better than every other solution.

thorson 2017-07-28 12:51:31 UTC #13

This thread is retarded. Btc will be around for the rest of our lives. Adolfcoin is a ridiculous scam, just click the links and see jibberish.

Bitcoin was taken over by a pack of autistic, righteous developers, sort of like the righteous autistes that populate these forms. But the real Bitcoin, BCC, will fork on Aug 1. You will want to own that.

Drallod 2017-07-28 14:22:05 UTC #14

Yeah, I don't understand what Adolfcoin is trying to do besides troll. If they are serious, they should peg the value of one coin to something stable and meaningful to the masses, like the median hourly wage of the American worker. When the value goes above this have the algorithm mint more and when it goes under have it mint less.

heidinger 2017-08-12 15:40:01 UTC #15

Yep BCC has a chance if they can actually accomplish their goal of decentralized development, and they want on chain scaling. I'm 100% against anything that doesn't intend to do scaling on the actual blockchain itself, that's just fuckery. BCC is way more in line with the original vision than everything else.

I really don't see how adolfcoin is a scam. A waste of timer perhaps, but a scam? I also don't know what jibberish you're talking about. I'm interested to hear why you think this though since I've started mining it myself. The fuhrerprocess is a work of genius and looks to be heavily influenced by actual NS policies from the 30s.

Not possible. How do you 'peg' the value of a cryptocurrency when you don't control the supply? The only way I can think of is premining (scam) and selling for a fixed price (scam).

Also not possible, not with a decentralized trustless system. And if it's not decentralized and trustless it will last 2 seconds before being taken over or shut down (if it works anyway).

Drallod 2017-08-12 15:59:00 UTC #16

Currencies can be pegged in value. This is certain.

My assumption is new coin creation (amount per new block) can be adjusted based on exchange rate, thus effecting supply. This will be hardcoded in the algorithm. It doesn't sound like this has been tried yet.

Getting and maintaining a trusted exchange rate is probably the hardest part since it requires trusting third parties to a certain extent.

I don't see how Adolfcoin can be practical without any value.