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BITSCAM: If you don't need us to invest, why do you post here? Why not stay on a BTC site? Why not keep the price low and buy as much as you c

 
Anonymous Coward
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05/12/2019 05:23 PM
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Re: BITSCAM: If you don't need us to invest, why do you post here? Why not stay on a BTC site? Why not keep the price low and buy as much as you c
If GLP wants to ban words, bitcoin should be at the top of the list.

You don't see endless posts here pushing penny stocks in a pump and dump scheme. Why do we let bitcointards do this?
 Quoting: Anonymous Coward 76879092


putin-thiss
David Leakey
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05/12/2019 05:28 PM
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Re: BITSCAM: If you don't need us to invest, why do you post here? Why not stay on a BTC site? Why not keep the price low and buy as much as you c
If GLP wants to ban words, bitcoin should be at the top of the list.

You don't see endless posts here pushing penny stocks in a pump and dump scheme. Why do we let bitcointards do this?
 Quoting: Anonymous Coward 76879092


Because, it's not a pump and dump scheme...

It started at THIRD OF PENNY and now sits at $7,000...


Please explain how that's a "pump and dump."
Anonymous Coward
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05/12/2019 05:33 PM
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Re: BITSCAM: If you don't need us to invest, why do you post here? Why not stay on a BTC site? Why not keep the price low and buy as much as you c
Most here don't trust the government or banks.

A method comes out to get our money out of the corrupt system, so those of us who are paying attention want to use it.

As it becomes more mainstream it will become easier to transact and more stable. Im not trying to get rich quick on Bitcoin. I just want my saved money to be worth what it was when I made it.


Bitcoin will have some wild price swings as it is adopted by more people, but it truly is the answer to our prayers.

It takes the power away from those who would seek to control and manipulate us.

It's takes the power away from those who would have us build real wealth during bubbles only to pop them and consolidate that wealth for themselves.

Bitcoin is not a scam, it's a solution. If you're against it, then you're against people having a fair currency to trade for their labor.
 Quoting: METELLYOUNOW


You are a fucking retard. It consolidates corruption and power in the long run.
 Quoting: Anonymous Coward 73632249


Do you have any idea of how it works?

Nobody controls it. It's all based on simple math. There's no governing body that controls. The price is completely based on the amount of money invested in it. People sell their coins, price goes down. People buy coins price goes up.
 Quoting: METELLYOUNOW


Someone must have given you some bad information.

The price is not completely based on how much money is invested into it.

The price is totally based on how much people are willing to pay for it.

The price doesn’t go down when people sell it. So you’re telling us if you had 1 Bitcoin and you sold it then Bitcoins price would go down? That doesn’t make sense. Every time people buy and sell Bitcoin there is ALWAYS a buyer and a seller.
Anonymous Coward
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05/12/2019 05:33 PM
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Re: BITSCAM: If you don't need us to invest, why do you post here? Why not stay on a BTC site? Why not keep the price low and buy as much as you c
If you don't need us to invest, why do you post here?

Why not stay on a BTC site?
Why not keep the price low and buy as much as you can?
Would you tell people if you had a tree that had $100's for leafs?


OH, THAT'S RIGHT, YOU ARE RECRUITING!

You leave those forms to go to others to find other suckers such as your own selves who got scammed and trying to make their money back.
 Quoting: Anonymous Coward 77350733


Love telling people what to do? You should have been a cop..
 Quoting: Anonymous Coward 77641154


Godlike Productions - Conspiracy Forum
www.godlikeproductions.com/

Godlike Productions is a Conspiracy Forum.
 Quoting: Anonymous Coward 73632249


hesright
Anonymous Coward
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05/12/2019 05:36 PM
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Re: BITSCAM: If you don't need us to invest, why do you post here? Why not stay on a BTC site? Why not keep the price low and buy as much as you c
Most here don't trust the government or banks.

A method comes out to get our money out of the corrupt system, so those of us who are paying attention want to use it.

As it becomes more mainstream it will become easier to transact and more stable. Im not trying to get rich quick on Bitcoin. I just want my saved money to be worth what it was when I made it.


Bitcoin will have some wild price swings as it is adopted by more people, but it truly is the answer to our prayers.

It takes the power away from those who would seek to control and manipulate us.

It's takes the power away from those who would have us build real wealth during bubbles only to pop them and consolidate that wealth for themselves.

Bitcoin is not a scam, it's a solution. If you're against it, then you're against people having a fair currency to trade for their labor.
 Quoting: METELLYOUNOW


You are a fucking retard. It consolidates corruption and power in the long run.
 Quoting: Anonymous Coward 73632249


Do you have any idea of how it works?

Nobody controls it. It's all based on simple math. There's no governing body that controls. The price is completely based on the amount of money invested in it. People sell their coins, price goes down. People buy coins price goes up.
 Quoting: METELLYOUNOW


Someone must have given you some bad information.

The price is not completely based on how much money is invested into it.

The price is totally based on how much people are willing to pay for it.

The price doesn’t go down when people sell it. So you’re telling us if you had 1 Bitcoin and you sold it then Bitcoins price would go down? That doesn’t make sense. Every time people buy and sell Bitcoin there is ALWAYS a buyer and a seller.
 Quoting: Anonymous Coward 74827144


And they need the buyers from GLP to sell off their piss poor "investment"
syncro

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05/12/2019 05:38 PM
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Re: BITSCAM: If you don't need us to invest, why do you post here? Why not stay on a BTC site? Why not keep the price low and buy as much as you c
So why have the flat earthers moved over to anti-crypto? They sound very similar.
David Leakey
User ID: 76170044
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05/12/2019 05:39 PM
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Re: BITSCAM: If you don't need us to invest, why do you post here? Why not stay on a BTC site? Why not keep the price low and buy as much as you c
Most here don't trust the government or banks.

A method comes out to get our money out of the corrupt system, so those of us who are paying attention want to use it.

As it becomes more mainstream it will become easier to transact and more stable. Im not trying to get rich quick on Bitcoin. I just want my saved money to be worth what it was when I made it.


Bitcoin will have some wild price swings as it is adopted by more people, but it truly is the answer to our prayers.

It takes the power away from those who would seek to control and manipulate us.

It's takes the power away from those who would have us build real wealth during bubbles only to pop them and consolidate that wealth for themselves.

Bitcoin is not a scam, it's a solution. If you're against it, then you're against people having a fair currency to trade for their labor.
 Quoting: METELLYOUNOW


You are a fucking retard. It consolidates corruption and power in the long run.
 Quoting: Anonymous Coward 73632249


Do you have any idea of how it works?

Nobody controls it. It's all based on simple math. There's no governing body that controls. The price is completely based on the amount of money invested in it. People sell their coins, price goes down. People buy coins price goes up.
 Quoting: METELLYOUNOW


Someone must have given you some bad information.

The price is not completely based on how much money is invested into it.

The price is totally based on how much people are willing to pay for it.

The price doesn’t go down when people sell it. So you’re telling us if you had 1 Bitcoin and you sold it then Bitcoins price would go down? That doesn’t make sense. Every time people buy and sell Bitcoin there is ALWAYS a buyer and a seller.
 Quoting: Anonymous Coward 74827144


The price is based on Market Cap primarily AND scarcity of Coins...

There are 21,000,000 Bitcoins...

If there is $21 Million dollars invested, the price is $1 based on Market Cap...If an investor comes along and wants to purchase 10 million Coins and nobody is willing to sell for $1, he/she then needs to put in a HIGHER bid...That can lead to the price going up when there are a larger number of higher investors who want to aquire Coins...


Insider Trading is BIG in Bitcoin...Whales coordinate buying and selling. Which, attributes to large price fluctuations. That's I WANTED it to be when I INVENTED Bitcoin...
David Leakey
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05/12/2019 05:43 PM
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Re: BITSCAM: If you don't need us to invest, why do you post here? Why not stay on a BTC site? Why not keep the price low and buy as much as you c
Bitcoin was SUPPOSED to be Godlike Productions money, basically...



That's why I posted the idea for Bitcoin ON GLP in 2009...

I wanted everyone on GLP to be the early investors and whoever saw the idea just ran off with it without my permission. I posted HERE on GLP so that WE ALL could get invested in it and this programmer just ran off with the idea...

Do you understand???

..
David Leakey
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05/12/2019 05:47 PM
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Re: BITSCAM: If you don't need us to invest, why do you post here? Why not stay on a BTC site? Why not keep the price low and buy as much as you c
I was posting about blood drinking REPTILIANS when I posted the idea for BITcoin…

I think these people came up with the term "BITcoin" to symbolize being "Bit by a Vampire." As in Blood Drinking Reptilians...


I suggested calling them "Coins." That was my idea, but THEY added the "Bit" part in front. Possibly, symbolizing that I was "bit by a Vampire" when they stole the idea for it...
Anonymous Coward
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05/12/2019 05:53 PM
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Re: BITSCAM: If you don't need us to invest, why do you post here? Why not stay on a BTC site? Why not keep the price low and buy as much as you c
...


You are a fucking retard. It consolidates corruption and power in the long run.
 Quoting: Anonymous Coward 73632249


Do you have any idea of how it works?

Nobody controls it. It's all based on simple math. There's no governing body that controls. The price is completely based on the amount of money invested in it. People sell their coins, price goes down. People buy coins price goes up.
 Quoting: METELLYOUNOW


Someone must have given you some bad information.

The price is not completely based on how much money is invested into it.

The price is totally based on how much people are willing to pay for it.

The price doesn’t go down when people sell it. So you’re telling us if you had 1 Bitcoin and you sold it then Bitcoins price would go down? That doesn’t make sense. Every time people buy and sell Bitcoin there is ALWAYS a buyer and a seller.
 Quoting: Anonymous Coward 74827144


And they need the buyers from GLP to sell off their piss poor "investment"
 Quoting: Anonymous Coward 73632249


OP is going to have a field day with these idiots when he revisits the thread.

But it doesn't matter what logic is used to defeat bitchcoin retards, they will continue to ltell only one side while ignoring the other side and obfuscate.
David Leakey
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05/12/2019 05:54 PM
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Re: BITSCAM: If you don't need us to invest, why do you post here? Why not stay on a BTC site? Why not keep the price low and buy as much as you c
I was a 23 year old Cannabis grower, busted for growing it in 2009 AFTER I posted the idea for Bitcoin...


That's why the programmers called it "Hash Cash" verification on transactions. Everytime a transaction is made with Bitcoin there is a system of hash cash verification by the miners so they can verify that the Coins being transacted are indeed legitimate Coins and not counterfeit....


I'm the reason they called "Hash Cash" verification. I was a WEED GROWER...So, they called it Hash Cash Verification to symbolize that the creator of Bitcoin was a Weed grower...
David Leakey
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05/12/2019 05:56 PM
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Re: BITSCAM: If you don't need us to invest, why do you post here? Why not stay on a BTC site? Why not keep the price low and buy as much as you c
...


Do you have any idea of how it works?

Nobody controls it. It's all based on simple math. There's no governing body that controls. The price is completely based on the amount of money invested in it. People sell their coins, price goes down. People buy coins price goes up.
 Quoting: METELLYOUNOW


Someone must have given you some bad information.

The price is not completely based on how much money is invested into it.

The price is totally based on how much people are willing to pay for it.

The price doesn’t go down when people sell it. So you’re telling us if you had 1 Bitcoin and you sold it then Bitcoins price would go down? That doesn’t make sense. Every time people buy and sell Bitcoin there is ALWAYS a buyer and a seller.
 Quoting: Anonymous Coward 74827144


And they need the buyers from GLP to sell off their piss poor "investment"
 Quoting: Anonymous Coward 73632249


OP is going to have a field day with these idiots when he revisits the thread.

But it doesn't matter what logic is used to defeat bitchcoin retards, they will continue to ltell only one side while ignoring the other side and obfuscate.
 Quoting: Anonymous Coward 75716984


How many times have you Deep State guys accidentally shot each other posing as Anonymous guys???


Be honest...
Anonymous Coward
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05/12/2019 05:58 PM
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Re: BITSCAM: If you don't need us to invest, why do you post here? Why not stay on a BTC site? Why not keep the price low and buy as much as you c
Most here don't trust the government or banks.

A method comes out to get our money out of the corrupt system, so those of us who are paying attention want to use it.

As it becomes more mainstream it will become easier to transact and more stable. Im not trying to get rich quick on Bitcoin. I just want my saved money to be worth what it was when I made it.


Bitcoin will have some wild price swings as it is adopted by more people, but it truly is the answer to our prayers.

It takes the power away from those who would seek to control and manipulate us.

It's takes the power away from those who would have us build real wealth during bubbles only to pop them and consolidate that wealth for themselves.

Bitcoin is not a scam, it's a solution. If you're against it, then you're against people having a fair currency to trade for their labor.
 Quoting: METELLYOUNOW


Once Bitcoin was priced in fiat currencies the original intent of Bitcoin was shattered forever.

Bitcoin is just another commodity now like gold or silver.

Governments around the world have their hands in it which goes against everything Bitcoin was supposed to be.

Everyone who buys a Bitcoin is in it for the return on investment it can give them. It’s all about greed.

There’s no way the powers that be are going to let the sheep take their money out of the corrupt system they’ve created. Bitcoins price is based on fiat currencies so it is in the corrupt system the powers that be created.
David Leakey
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05/12/2019 06:02 PM
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Re: BITSCAM: If you don't need us to invest, why do you post here? Why not stay on a BTC site? Why not keep the price low and buy as much as you c
How does that work when you Deep State raid an Anonymous place?



Do you just SHOOT your own Deep State guys in hipster clothing with hipster tattoos?



You really think posing as Anonymous is the smartest idea???


I guess you're desperate...I did completely DESTROY your entire control grid by inventing Bitcoin/Cryptocurrency. Desperate times call for desperate measures...
David Leakey
User ID: 76170044
United States
05/12/2019 06:04 PM
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Re: BITSCAM: If you don't need us to invest, why do you post here? Why not stay on a BTC site? Why not keep the price low and buy as much as you c
Most here don't trust the government or banks.

A method comes out to get our money out of the corrupt system, so those of us who are paying attention want to use it.

As it becomes more mainstream it will become easier to transact and more stable. Im not trying to get rich quick on Bitcoin. I just want my saved money to be worth what it was when I made it.


Bitcoin will have some wild price swings as it is adopted by more people, but it truly is the answer to our prayers.

It takes the power away from those who would seek to control and manipulate us.

It's takes the power away from those who would have us build real wealth during bubbles only to pop them and consolidate that wealth for themselves.

Bitcoin is not a scam, it's a solution. If you're against it, then you're against people having a fair currency to trade for their labor.
 Quoting: METELLYOUNOW


Once Bitcoin was priced in fiat currencies the original intent of Bitcoin was shattered forever.

Bitcoin is just another commodity now like gold or silver.

Governments around the world have their hands in it which goes against everything Bitcoin was supposed to be.

Everyone who buys a Bitcoin is in it for the return on investment it can give them. It’s all about greed.

There’s no way the powers that be are going to let the sheep take their money out of the corrupt system they’ve created. Bitcoins price is based on fiat currencies so it is in the corrupt system the powers that be created.
 Quoting: Anonymous Coward 74827144


I'm the INVENTOR of Bitcoin and could care less if it's traded in fiat currencies...


What are you rambling about? Bitcoin was always a get rich investment plan and IT WORKED for those involved. More importantly, it was meant to gaurantee people's PRIVACY from corrupt authorities and it accomplishes regardless of the price...How do you not understand that fact?



So, you can stop rambling on about nothing...
Anonymous Coward
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05/12/2019 06:07 PM
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Re: BITSCAM: If you don't need us to invest, why do you post here? Why not stay on a BTC site? Why not keep the price low and buy as much as you c
"Deep state" is anyone into other investments and don't go along with their crap.

These idiots need to be thrown out of here on their ass.
David Leakey
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United States
05/12/2019 06:09 PM
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Re: BITSCAM: If you don't need us to invest, why do you post here? Why not stay on a BTC site? Why not keep the price low and buy as much as you c
A big part of the reason I invented Bitcoin was because of CANNABIS SEEDS I purchased with my DEBIT CARD in 2006....That transaction made me paranoid for years after...It was an illegal transaction showing up on my BANK ACCOUNT...



There are sites that sell weed seeds on the internet and I felt Bitcoin would be a good way to protect my privacy upon purchasing more CANNABIS SEEDS...Sites like this are the reason Bitcoin exist today...It was meant to help protect people's PRIVACY from fascist authority figures...

[link to www.cannabis-seeds-bank.co.uk (secure)]



Regardless of what the price sits at, Bitcoin will ALWAYS serve the purpose it was intended to serve. Which, is to keep people SAFE from corrupt bodies of political authority that seek to use the digital financial grid to enslave us...


Bitcoin set us FREE...



...
BBQ BOY™

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05/12/2019 06:10 PM
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Re: BITSCAM: If you don't need us to invest, why do you post here? Why not stay on a BTC site? Why not keep the price low and buy as much as you c
blkbll
"Never underestimate the pain of a person. In all honesty, everyone is struggling. Just some people are better at hiding it than others."

Everyone has to work out their own salvation.

Life can only be understood backwards, but it must be lived forwards.
Anonymous Coward
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05/12/2019 06:14 PM
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Re: BITSCAM: If you don't need us to invest, why do you post here? Why not stay on a BTC site? Why not keep the price low and buy as much as you c
^
Fuck off
David Leakey
User ID: 76170044
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05/12/2019 06:16 PM
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Re: BITSCAM: If you don't need us to invest, why do you post here? Why not stay on a BTC site? Why not keep the price low and buy as much as you c
"Deep state" is anyone into other investments and don't go along with their crap.

These idiots need to be thrown out of here on their ass.
 Quoting: Anonymous Coward 75716984


Bitcoin was INVENTED on Godlike Productions...


You get the fuck out...
Anonymous Coward
User ID: 75716984
United States
05/12/2019 06:20 PM
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Re: BITSCAM: If you don't need us to invest, why do you post here? Why not stay on a BTC site? Why not keep the price low and buy as much as you c
"Deep state" is anyone into other investments and don't go along with their crap.

These idiots need to be thrown out of here on their ass.
 Quoting: Anonymous Coward 75716984


Bitcoin was INVENTED on Godlike Productions...


You get the fuck out...
 Quoting: David Leakey 76170044


This is a conspiracy site, not your boiler room, you get the fuck out.
Anonymous Coward
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05/12/2019 06:25 PM
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Re: BITSCAM: If you don't need us to invest, why do you post here? Why not stay on a BTC site? Why not keep the price low and buy as much as you c
It's marketed as a currency to go against the big bad "deep state" and the average business does not accept it. The morons into it have to convert it back to their national currency.
David Leakey
User ID: 76170044
United States
05/12/2019 06:28 PM
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Re: BITSCAM: If you don't need us to invest, why do you post here? Why not stay on a BTC site? Why not keep the price low and buy as much as you c
It's marketed as a currency to go against the big bad "deep state" and the average business does not accept it. The morons into it have to convert it back to their national currency.
 Quoting: Anonymous Coward 75716984


It protects people's PRIVACY...


Converting it back to a traditional currency is irrelevant...

How do you not see that? Nobody gives a shit about converting it back and forth...That was the PLAN from day one you fuckin idiot...
David Leakey
User ID: 76170044
United States
05/12/2019 06:29 PM
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Re: BITSCAM: If you don't need us to invest, why do you post here? Why not stay on a BTC site? Why not keep the price low and buy as much as you c
"Deep state" is anyone into other investments and don't go along with their crap.

These idiots need to be thrown out of here on their ass.
 Quoting: Anonymous Coward 75716984


Bitcoin was INVENTED on Godlike Productions...


You get the fuck out...
 Quoting: David Leakey 76170044


This is a conspiracy site, not your boiler room, you get the fuck out.
 Quoting: Anonymous Coward 75716984


I think I'll stick around...


Not a fuckin thing you can do about it...
Anonymous Coward
User ID: 74827144
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05/12/2019 06:30 PM
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Re: BITSCAM: If you don't need us to invest, why do you post here? Why not stay on a BTC site? Why not keep the price low and buy as much as you c
...


You are a fucking retard. It consolidates corruption and power in the long run.
 Quoting: Anonymous Coward 73632249


Do you have any idea of how it works?

Nobody controls it. It's all based on simple math. There's no governing body that controls. The price is completely based on the amount of money invested in it. People sell their coins, price goes down. People buy coins price goes up.
 Quoting: METELLYOUNOW


Someone must have given you some bad information.

The price is not completely based on how much money is invested into it.

The price is totally based on how much people are willing to pay for it.

The price doesn’t go down when people sell it. So you’re telling us if you had 1 Bitcoin and you sold it then Bitcoins price would go down? That doesn’t make sense. Every time people buy and sell Bitcoin there is ALWAYS a buyer and a seller.
 Quoting: Anonymous Coward 74827144


The price is based on Market Cap primarily AND scarcity of Coins...

There are 21,000,000 Bitcoins...

If there is $21 Million dollars invested, the price is $1 based on Market Cap...If an investor comes along and wants to purchase 10 million Coins and nobody is willing to sell for $1, he/she then needs to put in a HIGHER bid...That can lead to the price going up when there are a larger number of higher investors who want to aquire Coins...


Insider Trading is BIG in Bitcoin...Whales coordinate buying and selling. Which, attributes to large price fluctuations. That's I WANTED it to be when I INVENTED Bitcoin...
 Quoting: David Leakey 76170044


Actually there are around 17,696,800 Bitcoins in existence right now. (if this sites stats are to be trusted. If the info is wrong just do a quick DuckDuckGo search and you can find the exact amount)

[link to www.buybitcoinworldwide.com (secure)]


At today’s prices roughly $12.8 million dollars of new Bitcoin is created every single day.

If you invented Bitcoin send me the private key to the genesis block or any of the blocks you created that you haven’t touched since they were mined.

[link to www.blockchain.com (secure)]
Anonymous Coward
User ID: 75716984
United States
05/12/2019 06:33 PM
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Re: BITSCAM: If you don't need us to invest, why do you post here? Why not stay on a BTC site? Why not keep the price low and buy as much as you c
"Deep state" is anyone into other investments and don't go along with their crap.

These idiots need to be thrown out of here on their ass.
 Quoting: Anonymous Coward 75716984


Bitcoin was INVENTED on Godlike Productions...


You get the fuck out...
 Quoting: David Leakey 76170044


This is a conspiracy site, not your boiler room, you get the fuck out.
 Quoting: Anonymous Coward 75716984


I think I'll stick around...


Not a fuckin thing you can do about it...
 Quoting: David Leakey 76170044


There's nothing you can do about being called on your bullshit. bird
Anonymous Coward
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05/12/2019 06:33 PM
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Re: BITSCAM: If you don't need us to invest, why do you post here? Why not stay on a BTC site? Why not keep the price low and buy as much as you c
Most here don't trust the government or banks.

A method comes out to get our money out of the corrupt system, so those of us who are paying attention want to use it.

As it becomes more mainstream it will become easier to transact and more stable. Im not trying to get rich quick on Bitcoin. I just want my saved money to be worth what it was when I made it.


Bitcoin will have some wild price swings as it is adopted by more people, but it truly is the answer to our prayers.

It takes the power away from those who would seek to control and manipulate us.

It's takes the power away from those who would have us build real wealth during bubbles only to pop them and consolidate that wealth for themselves.

Bitcoin is not a scam, it's a solution. If you're against it, then you're against people having a fair currency to trade for their labor.
 Quoting: METELLYOUNOW


Once Bitcoin was priced in fiat currencies the original intent of Bitcoin was shattered forever.

Bitcoin is just another commodity now like gold or silver.

Governments around the world have their hands in it which goes against everything Bitcoin was supposed to be.

Everyone who buys a Bitcoin is in it for the return on investment it can give them. It’s all about greed.

There’s no way the powers that be are going to let the sheep take their money out of the corrupt system they’ve created. Bitcoins price is based on fiat currencies so it is in the corrupt system the powers that be created.
 Quoting: Anonymous Coward 74827144


I'm the INVENTOR of Bitcoin and could care less if it's traded in fiat currencies...


What are you rambling about? Bitcoin was always a get rich investment plan and IT WORKED for those involved. More importantly, it was meant to gaurantee people's PRIVACY from corrupt authorities and it accomplishes regardless of the price...How do you not understand that fact?



So, you can stop rambling on about nothing...
 Quoting: David Leakey 76170044


How can you not understand you didn’t invent shit.

You sure made some shitty software if you were going for privacy. Every Bitcoin transaction can be tracked. FACT.
David Leakey
User ID: 76170044
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05/12/2019 06:34 PM
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Re: BITSCAM: If you don't need us to invest, why do you post here? Why not stay on a BTC site? Why not keep the price low and buy as much as you c
...


Do you have any idea of how it works?

Nobody controls it. It's all based on simple math. There's no governing body that controls. The price is completely based on the amount of money invested in it. People sell their coins, price goes down. People buy coins price goes up.
 Quoting: METELLYOUNOW


Someone must have given you some bad information.

The price is not completely based on how much money is invested into it.

The price is totally based on how much people are willing to pay for it.

The price doesn’t go down when people sell it. So you’re telling us if you had 1 Bitcoin and you sold it then Bitcoins price would go down? That doesn’t make sense. Every time people buy and sell Bitcoin there is ALWAYS a buyer and a seller.
 Quoting: Anonymous Coward 74827144


The price is based on Market Cap primarily AND scarcity of Coins...

There are 21,000,000 Bitcoins...

If there is $21 Million dollars invested, the price is $1 based on Market Cap...If an investor comes along and wants to purchase 10 million Coins and nobody is willing to sell for $1, he/she then needs to put in a HIGHER bid...That can lead to the price going up when there are a larger number of higher investors who want to aquire Coins...


Insider Trading is BIG in Bitcoin...Whales coordinate buying and selling. Which, attributes to large price fluctuations. That's I WANTED it to be when I INVENTED Bitcoin...
 Quoting: David Leakey 76170044


Actually there are around 17,696,800 Bitcoins in existence right now. (if this sites stats are to be trusted. If the info is wrong just do a quick DuckDuckGo search and you can find the exact amount)

[link to www.buybitcoinworldwide.com (secure)]


At today’s prices roughly $12.8 million dollars of new Bitcoin is created every single day.

If you invented Bitcoin send me the private key to the genesis block or any of the blocks you created that you haven’t touched since they were mined.

[link to www.blockchain.com (secure)]
 Quoting: Anonymous Coward 74827144


I didn't program the Bitcoin Core Wallet software...


I gave the programmers the idea for it and that makes me the creator of the software...The entire Bitcoin Software program was entirely my idea...

Those possessing the "private key" you're requesting STOLE the idea from ME...Do you understand? Without me providing these programmers with the idea they wouldn't possess private keys, either...


Got it?
Anonymous Coward
User ID: 75716984
United States
05/12/2019 06:36 PM
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Re: BITSCAM: If you don't need us to invest, why do you post here? Why not stay on a BTC site? Why not keep the price low and buy as much as you c
It's marketed as a currency to go against the big bad "deep state" and the average business does not accept it. The morons into it have to convert it back to their national currency.
 Quoting: Anonymous Coward 75716984


It protects people's PRIVACY...


Converting it back to a traditional currency is irrelevant...

How do you not see that? Nobody gives a shit about converting it back and forth...That was the PLAN from day one you fuckin idiot...
 Quoting: David Leakey 76170044


Nice non answer.

More haughtiness and name calling, as expected.
Anonymous Coward
User ID: 70779904
United States
05/12/2019 06:36 PM
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Re: BITSCAM: If you don't need us to invest, why do you post here? Why not stay on a BTC site? Why not keep the price low and buy as much as you c
...


Do you have any idea of how it works?

Nobody controls it. It's all based on simple math. There's no governing body that controls. The price is completely based on the amount of money invested in it. People sell their coins, price goes down. People buy coins price goes up.
 Quoting: METELLYOUNOW


Someone must have given you some bad information.

The price is not completely based on how much money is invested into it.

The price is totally based on how much people are willing to pay for it.

The price doesn’t go down when people sell it. So you’re telling us if you had 1 Bitcoin and you sold it then Bitcoins price would go down? That doesn’t make sense. Every time people buy and sell Bitcoin there is ALWAYS a buyer and a seller.
 Quoting: Anonymous Coward 74827144


The price is based on Market Cap primarily AND scarcity of Coins...

There are 21,000,000 Bitcoins...

If there is $21 Million dollars invested, the price is $1 based on Market Cap...If an investor comes along and wants to purchase 10 million Coins and nobody is willing to sell for $1, he/she then needs to put in a HIGHER bid...That can lead to the price going up when there are a larger number of higher investors who want to aquire Coins...


Insider Trading is BIG in Bitcoin...Whales coordinate buying and selling. Which, attributes to large price fluctuations. That's I WANTED it to be when I INVENTED Bitcoin...
 Quoting: David Leakey 76170044


Actually there are around 17,696,800 Bitcoins in existence right now. (if this sites stats are to be trusted. If the info is wrong just do a quick DuckDuckGo search and you can find the exact amount)

[link to www.buybitcoinworldwide.com (secure)]


At today’s prices roughly $12.8 million dollars of new Bitcoin is created every single day.

If you invented Bitcoin send me the private key to the genesis block or any of the blocks you created that you haven’t touched since they were mined.

[link to www.blockchain.com (secure)]
 Quoting: Anonymous Coward 74827144







So it is created out of thin air like fiat, which you spend fiat to buy bitcoin, only to cash out in fiat again?


epiclol





GLP