30 Best Bitcoin & Cryptocurrency WordPress Themes 2020

Reminder: Jews have real life time machines and want me to think that particle accelerators are time machines

Helloooooooo, it's me Satan/the devil again. Thought I would post another reminder about the jews having real life time machines which they have been showing off to me using their "media" (mostly).
Here's the documentary again, which I found on amazon primevideo after already coming to the conclusion that particle accelerators might actually be time machines.
https://www.imdb.com/title/tt0867212/
If particle accelerators are actually time machines, my mother may have actually received a tour of the large hadron collider, because she has been to both France and Switzerland during the same trip and my brother even lives in one of ze countries now. The official reason for her visit was to attend a "patent" conferance. 🤷‍♂️
Dialogue from the Ark Society level of Hitman 2 which mentions "patents" - https://streamable.com/chxs6p
"You see they are sitting on some patents that will knock your socks off."
"Weather control systems."
"Recycling pollution as fuel."
"Cold fusion. You name it."
Satan is naming their time machines too. 🤣
Anyway, she visited one of zose countries again (to visit my brother) and that too without telling me. I told her not to go because of the expensive plane tickets (she has been pretending to be "poor" all these years. well, not THAT poor. "middle class" poor. 🤣). I certainly considered the plane tickets expensive. It cost more than 1 lakh rupees (1,00,000) for a two way trip (which I considered to be a lot at that time). So if I would have gone too, it would have been more than 2 lakh rupees ( rupees are also jewish apparently ). Money that could have been spent on other things (jews have been emailing Satan recently with suggestions like "spend money on experiences, not things". 🤣). Of course, now I think money and the financial system is fake and designed exclusively for Satan but only YOU will know whether that is the case or not. 🤷‍♂️
Oh, and because she was planning on going without telling me, she even agreed to give me some "mummy money" (20,000 rupees) to buy some "pyramid scheme money" (bitcoin) which I then used to buy an antminer s1. Pretty neat pyramid scheme, huh? Has cool miners and everything. 🤣
Anyway because they have time machines, jews not only know what I am "sinking about" right now, but they also know what I will be "sinking about" in the future. 🤣 Check my previous posts and reminders about their mass surveillance tech if you don't know what I am talking about (once again assuming/pretending that everyone in the world doesn't already know who I am and already know about the existence of time machines and other advanced tech). 🤷‍♂️

Moar Satanic Rambling

I mentioned amazon above. They recently VERY actively participated in the "Q psyop" by showing the following riddle to Satan/me in a "riddle quiz" (or whatever you want to call it) that they had in the "fun zone" section of their app. Here's the riddle as I remember it.
"I usually follow Q. But not in QATAR. I come twice in queue. What letter am I?"
I bet they were hoping that I would correctly answer it, but I unintentionally answered it incorrectly as "E". Otherwise it was supposed to be "U". You know, "QU". "Q you". Calling me Q. Q from LGBTQ. 😐
Anyway, I didn't even look at the list of answers properly and had very quickly decided that the answer was "E" because in my mind I imagined the letters going from left to right (in a queue 🤣) and the answer would have been "E" in that case. The letter "E" would have been following "Q". By the way, there is no "E" in any of my real life names but there is one in "JEW". 🤣 Maybe that's why a jewess was pretending to be a bot and other jews were referring to her as EBOT in the Q research 8chan board (mentioned in one of my old posts). They were spelling "ABOT" as "EBOT". 🤣🤷‍♂️
I am also guessing that "QATAR" in the above riddle is supposed to mean something since it was in all caps. "Q a rat" maybe (country names are fake apparently, as I mentioned in my previous post)? Like the rat from the movie Ratatouille? 🤣 Even my mother was once mispronouncing Qatar as "Quatar", and I corrected her saying it's QAtar and not QUatar. But yes, once again, "QU" or "QUA" (Q you, A). 😐 Like I mentioned in my previous post, I now believe she is also a "psyop" participant and she continues to actively participate in the psyop.
Just recently she threw away a pack of masala powder just to make me angry. I had already started cooking when I realized that the pack was missing. At first I thought she may have just hidden it, so I searched everywhere but when I couldn't find it I realized she had mostly likely thrown it away. I am not talking to her at all right now (for obvious reasons 😐) but did manage to indicate that I was angry because of the missing masala powder (not that she didn't already know. it was part of the "plan". trust the plan. 🤣) and she eventually admitted that she had thrown it away, apparently because the pack was "completely open". There were long expired packs of various masala powders lying around (still are) that were actually "completely open" that she didn't bother to throw out but she threw away a brand new pack that I had bought. 🤷‍♂️
Should also mention that everytime I brought up the "psyop", her dialogue was something like, "Internet people are tricksing you-internet people are tricksing you". 🤣🤷‍♂️ "Internet people" are "tricksing" me apparently. 🤣 Well, I am translating but she was using the word "tricks". 🤷‍♂️
I believe I have also figured out what one of my real life names actually means. One is supposed to be calling me an "objectophile" (like "QU". "Objectophile U".) and the other one (the one in my birth certificate, ID cards, etc.) is supposed to mean something like "You are a fool/simpleton, devil". Any jew here willing to confirm? 🤣
Anyway, as jews already know, I think it's okay to be a fool/simpletion but not okay to be evil. Who goes to hell? A fool/simpleton or someone who is evil? <- "Q" style questions. 🤣
As I mentioned in my previous posts, I believe ALL jews are evil. Especially if all of them indeed know who I am and have been watching me all these years. 😐 Someone was even posting on 8chan saying something like, "we are not evil. promise...". Watch a compilation of everything you have done to Satan all these years if in doubt about the fact that you are evil. I am assuming you have recordings. Or did the jewesses who run the jew world delete them from the face of the Earth and are now claiming that some of the things that I have been "sinking" about never happened?
Other than that they have continued to do shit like male genital mutilation and abortions despite having time machines and knowing in advance that Satan will be anti-male genital mutilation and anti-abortion. Assuming that abortion is real of course. I haven't seen it with my own eyes after all (just like my mother says that she DOES NOT believe that god exists just because she hasn't seen god with her own eyes. heard the same thing from others. 🤣). I even remember someone posting pro-abortion shit in the 8chan Q research board. Something along the lines of "if you want to buy a gun, do it. your choice, pro-choice...". How about "if you want to do the apocalypse, do it. your choice pro-choice", hmmm? Besides, jewesses who have had abortions could have "chosen" to not have sex. If abortions are real, I am guessing there are many jewesses out there who have had abortions by the time they were 30.
Satan is 30 years old in his current human form and is a virgin. 🤣 Even the "Virgin" brand is referring to Satan. Yes? Also figured out recently that the "Coca Cola" brand is referring to Satan also. Bought an "(allocacoc)[https://www.allocacoc.com] powercube" and found the name odd initially but realized that it was Coca Cola spelled backwards with an extra "L" and knew it was supposed to mean something. Later saw one of those "coke and mentos" videos on youtube again and finally realized what it is supposed to mean. "Coca Cola" is supposed to be "A Cola Coc". "Cola" is supposed to be "কলা". It's supposed to be referring to Satan's dick. That's why there were those "muh dick-muh dick-muh dick" posts on the 8chan Q research board. Yes? 😐
Anyway, if the "Coca Cola" brand was indeed established in the year stated in wikipedia then it would seem that the jews have had time machines for the past 100 years at least.
I have also realized that "muh dick" is also partially mutilated and my mother lied to me about that also. Claimed to have taken me to the nurse because she noticed "pus" was coming out of my dick and the nurse did some "cutting". Said that there would have been "कष्ट" after marriage otherwise. Had no idea at the time what she was talking about, but perhaps she meant that a lesbian jewess might have found my unmutilated dick "ugly"? 🤣 Watch that "Nip/Tuck" episode#Episodes) and that "South Park" episode defending male genital mutilation if you have no idea what I am talking about.
What if jews force their senior citizen parents to get a face lift, nose job, liposuction, or whatever without anaesthesia? And say shit like "we are only doing it to make you look beautiful so that you don't have any "कष्ट" if you decide to get married/remarried or so that you are invited to more lemon parties"? 🤣 They can use their mind control tech to wipe the memory of the surgery afterwards if necessary (or use roofies if they are real 🤣). Can even invite people to witness the surgery and they can say "mazel tov", "oy vey", or whatever it is they say after a "bris".
Now, I don't know if "brises" are real because I haven't seen one with my own eyes. I have however seen a "fully mutilated" dick when I was a kid (3rd grade). It was in the school (a different school, not the one I mentioned in my previous post) bathroom which was just a "shed" with a drain in it (was the female bathroom also just a shed with a drain in it? There was even a South Park episode about school bathrooms but in their case the bathroom wasn't just a "shed" now, was it? 🤣). Anyway, I assumed that I had seen a catheter "wrapped" around his dick as I had heard about catheters by then but did not know what they looked like or how they worked. I asked the kid why his dick looked different assuming that he would confirm my theory that he was peeing using a catheter. But he replied saying that it's because he is "muslim". It was an odd explanation I thought, and even asked my mother that day and she didn't bother to explain it either.
Even after that incident I didn't know about "male genital mutilation" for years. But eventually "real time" told me. But even then I didn't know that even my dick was partially mutilated but "real time" has now told me about that too. 🤷‍♂️
Well, jews were also posting a "render" (I think) of an unmutilated dick on 8chan and someone on voat replied to a comment of mine saying something like "No one actually knows what an unmutilated dick looks like" which I only recently saw. Could have just said something like, "Your dick is mutilated too, Satan" but whatever. 🤷‍♂️

Video games

Already mentioned a video game above, but will be mentioning moar video games here under this heading. As I mentioned in my previous post, they are also using their time machines when making video games. I also mentioneded that I could be living in a simulation for all I know and you could all be NPCs. Later I remembered a video game that I didn't play just because the story/plot had "simulation" in it. I then checked out the plot again on wikipedia and noticed that it mentions "time travel" also. 🤣
https://en.wikipedia.org/wiki/Saints_Row_IV
The game's loyalty missions impact the ending of the story: if a number of these are not completed, the Boss makes plans for the Saints to take over more planets and expand their new empire; however, if all are completed, the Saints learn that they can restore Earth using time-travel, discovering that Zinyak captured several historical figures and placed them in suspended animation. The Boss soon discovers one of them to be 19th century writer Jane Austen, whom they are a fan of, and who reveals herself as the narrator of the game's story once she is awaken her from stasis.
There's also the following DLC where Satan is mentioned. 🤣
https://en.wikipedia.org/wiki/Saints_Row:_Gat_out_of_Hell
I have both the game and the DLC in my Steam library but have never played them. I bought them during a sale or something. They were being sold as a bundle (Humble Bundle maybe) but I was only interested in Saints Row The Third.
I should also mention The Witcher 3: Wild Hunt. The game has some cannibal witches who eat kids (they ate grown ups too; they didn't discriminate. 🤣). And the witches were shown to possess "mass surveillance" capabilities, but they were using magic. They would nail human ears to trees or something. Satan chose to free that tree spirit the first time he played that mission but later noticed the tree spirit did not get rid of those "ladies" for some reason. Plot hole?
Anyway, I read right here on /conspiracy that jews apparently eat aborted babies. It was the "Robert David Steele AMA" I believe.
Were you jews hoping to tell me that you don't really eat aborted babies and I only believed it because I am gullible? There was even a South Park episode recently where there was the dialogue "well, we don't eat them...", but they were talking about cows. Were they actually talking about aborted babies? There was also the dialogue "...nobody wants to do it...". Nobody wants to do abortions but do them anyway because jewesses auto-magically get pregnant (like Satan used to think when he was a kid)? Also, there is a dialogue in a "Penny Dreadful") episode where a witch who does abortions and is called a "cut-wife" says something like "this village needs its cut-wife...". Why did the village need a "cut-wife"? Because the jewesses living there were auto-magically getting pregnant even though they didn't have sex? 🤔
Unforuntately for the jewesses who run the jew world (who are no doubt like those "ladies" of the wood), there are also stories like (Hansel and Gretel)[https://en.wikipedia.org/wiki/Hansel_and_Gretel]. Even my own mother used to try and scare me when I was a kid saying things like "juju buris (বুড়ি) kidnap kids in burlap sacks..." or something. 🤷‍♂️

TV Shows

Already mentioned TV Shows above, but will mention more here.
I recently remembered the cartoon "Pinky and the Brain" and realized they are also supposed to be depicting Satan. Check out the opening theme and the lyrics - https://www.youtube.com/watch?v=qzZmU0aGmcc
They even show Saturn crashing into Earth during the part where they sing "by the dawning of the sun, they will take over the world". 🤣 There's also "to prove their mousey worth, they will overthrow the earth...". 🤣 Satan is dinky apparently. 🤷‍♂️
At the end of the opening theme there is even the name of an openly-jew jew mentioned ("Steven Spielberg"). If you are a "poor" jew who doesn't know about the existence of time machines and other advanced tech that "rich" jews have, maybe you can ask him what he knows.🤷‍♂️
Also mentioned in my previous posts that I am also supposed to be Jesus and there is this scene from an episode of The Simpsons - https://streamable.com/oumsad
The scene was actually censored when airing on a local TV channel and I even mentioned it to a desi jewess who was "sent" to chat with me. Looking at "muh chatlogs" is how I remembered that scene. 🤣
The jewess was trying to pretend to be psychic or something. She was even telling me about my future which I had totally forgotten about. I did remember that she asked me if I believe in "astral projection". I said no, so she dropped the subject. Otherwise I am guessing she would have claimed to be able to see me using "astral projection" and not because all jews are watching me like Truman from The Truman Show.
I also remember another jewess who was "sent" to chat with me and she was asking me if I had read Harry Potter and knew what a "prophecy" was. When I said yes and used "भविष्यवाणी " to define "prophecy" she dropped the subject. 🤣 She was claiming to be studying to be a psycho-logist and was repeatedly asking me "How do you feel-How do you feel". 🤣 I had no idea what she meant at the time, but now I know (thanks to "real time") that it's just something that psycho-logists say. 🤣 No doubt that was the first thing she learnt at "psycho-logy school". 🤣 Satan is a psycho apparently. 🤣🤷‍♂️
Oh yes, I was talking about The Simpsons. I remember seeing posts right here on /conspiracy speculating whether The Simpsons creators know about the existence of real life time machines because many episodes seem to depict future events. Well, no need to speculate any longer, they do have real life time machines. But it's not just The Simpsons creators. It's all jews. Be it Hollywood, Bollywood, Tollywood, etc. Maybe you can even ask them during comic-con or something if you are a "poor" jew and do not know about the existence of real life time machines.
I now also believe that the boat painting in The Simpsons living room is based on something that Satan painted not long after the shit stick incident. After the shit stick incident that I mentioned in my previous post, my mother agreed to reconnect our TV cable connection on the condition that I attend a religious summer school. That's where I painted a ship which was supposed to be like the ships from Assassins Creed Black Flag. It was supposed to be an art "class" but there was only one and they were like "paint whatever you want to paint". Were they expecting Satan to paint something Satanic? 🤣 I remember the kid next to me was painting an alien. Large sheet of paper but he was painting a small alien in the middle of it leaving the rest of the sheet blank. 🤷‍♂️
Anyway, in case of The Simpsons, the painting is that of "a boat" (wink-wink-nudge-nudge?) but it's very similar to the ship painting that I painted. If you really do not know about the existence of time machines and other advanced tech maybe you can even ask the creators of The Simpsons (in the next comic con or something). You can say something like "a conspiracy nut on /conspiracy claiming to be Satan was also claiming that you have real life time machines and the boat painting is based on something he painted at a religious summer school after a shit stick incident and that you got rid of the Apu character because he wanted The Simpsons cancelled because he got the impression that you were being anti-Trump and pro-Hillary...". 🤣🤷‍♂️
Anyway, there was even a kid at the above mentioned summer school who was pronouncing "cheat codes" incorrectly. He was pronouncing "cheat" as "kheat". Was he acting like the actors from Truman Show and reading his lines from an "eyephone" teleprompter? Or was it intentional? 🤷‍♂️ By the way, the downstairs neighbours' kids were also there in that summer school and they would have at least heard the shit stick incident. Yes? I believe they also knew about the "psyop" and could have told Satan but didn't. How are you jews trained to participate in the "psyop" anyway? Are you sen't to special "psyop schools"? 🤣🤷‍♂️
In one of my previous posts that was deleted by a mod, a jew had commented asking me whether I was a little girl because I had used so many "emojis", so let me mention the cartoon "The Grimm Adventures of Billy and Mandy" also. All three of the main characters are also supposed to be depicting Satan, including Mandy. Check out her devil horns like hairstyle. 🤣
There is also this song from the show. https://www.youtube.com/watch?v=yui4zkZQwCA
It has the lyrics "if at first they think it's strange, they wont think twice once I've eaten their brains".
Jews thought that if Satan thinks all the evil shit they do is "strange", Satan wont think twice after they manage to figuratively eat his brain? They were also posting this image on 8chan. Yes, Satan has been "fucked by psyops" because physical wounds heal apparently. Not that jews haven't caused physical wounds also but they always end up healing. 🤣

Movies

Scene from the movie "My Favorite Martian" referring to Satan's zipper incident - https://streamable.com/n3e30i
Was four or five years old when it happened. The zipper of the shorts that I was wearing, got stuck on my partially mutilated foreskin. I was crying in pain even though there was no bleeding. Jews most likely have a recording of this incident also (if they haven't deleted). Later the same nurse who most likely mutilated my dick was telling me to wear underpants as if I could conjure them out of thin air.
I didn't wear underpants back then and didn't even for years after that incident. Now I wear "square" underpants, which is why there is "Spongebob Squarepants" (I am also supposed to be Patrick). 🤣
Anyway, jews know about the zipper incident too but are continuing to perform male genital mutilations anyway. Yes? Perhaps they are like, "another benefit of having a fully mutilated dick is that you don't have to worry about zipper issues". 🤣🤷‍♂️

Music

Jews are using their time machines even in the music they produce.
My motorcycle that I mentioned in my previous post was seized by the cops (I used to think that the local cops are useless but now I think that they are just fake) using "Coronavirus" as an excuse. And when recently looking at the details of the "Foghat" album "The Best of Foghat", I noticed the song with the title "Third Time Lucky (First Time I Was A Fool)". I have been to the cops twice to get back my seized motorcycle. First time I went was on April 1 (april fools day). I was planning on not going a third time and just let the fake cops keep my motorcycle. After all, they are jews, the motorcycle was made by jews and even the money I used to buy the motorcycle was "jew money". And I noticed that there is also the song with the title "Take It Or Leave It". 🤣 Oh, and now I see that there is also one with the title "Easy Money". 🤣
The name "Foghat" itself is most likely referring to how Satan's helmet gets foggy sometimes. Yes? 🤔🤷‍♂️
Anyway, wasn't able to pass much time with the bike anyway. It was only making me spend fake jew money on fake expensive fuel. Not to mention the trips to the service center. It needs servicing every three months apparently. So, I am thinking I will leave it with the fake cops. What do you jews think? Is it a good plan? Trust the plan? 🤔
Oh yes, the second time when I went to the cops, they gave me a phone number and asked me to call it (I didn't) and also gave me a fake name when I asked for one. Which I now think is supposed to mean "You are Satan, pal", kinda like that South Park episode about mormonism ("moronism"; Satan is a moron apparently; Amaron) where Cartman was like "My name is Yura, Yura Fag". 🤣 If yes, then here is a message for the fake cop who gave Satan the fake name, "Satan is not your pal, gal". 🤣
Yes, the second time the fake male cops were gone and there were only two jewesses. The male cops are in "isolation" apparently. 🤣 I was wondering if I should have shown them that clip from The Simpsons where Chief Wiggum says something like, "look at my badge. cash bribes only..." because most of them are fat or chubby. And because I used to think that all the local cops were good for was scaring and threatening people and asking for bribes. 🤣 The second time there was only one male cop (a gatekeeper or something, who got brave and was rude to Satan) and this time they made sure that it was not a fat one. 🤣 Anyway, I can make fun of the fake fat cops (many of whom have "pregnant" bellies. men and women are equal so men are also able to get pregnant. those cops were actually pregnant. yes? 🤣) just by "sinking" about it. How cool is that? 🤣
I also remember that South Park episode now where they were calling bikers "fags"). Original air date is 2009 whereas Satan bought his bike in 2019. So yes, you can ask them about the existence of real life time machines and other advanced tech also. 🤷‍♂️
Recently Satan has been passing the time "code monkeying". That's why the 8chan administrator is called "code monkey", yes? I have been playing with "CodeIgniter" and there is "psyopy" content even in the "CodeIgniter" documentation.
use CodeIgniter\Controller;
class Helloworld extends Controller { public function index() { echo 'Hello World!'; }
public function comment() { echo 'I am not flat!'; } }
Yeah, the world is not flat apparently but since I haven't seen it with my own eyes I probably should not believe that it's round. Yes? 🤣🤷‍♂️
Well it doesn't really matter if the world is round or "flat". What matters is that if everyone in the world knows me then unfortunately for you, you are all evil. And it's actually more unfortunate for you if you are not NPCs. You know what I am sayin'?
By the way, is Satan's "Mann ki Baat" being broadcast to everyone in the world uncensored or should he write down more of his "mann ki baat"? 🤔 Like how he has been "sinking" to Ubisoft whether the "apocalypse" comes under "everything is permitted". Feel free to comment here with your reply Ubisoft.
Mind-wiped Satan now thinks total apocalypse (get it? total apocalypse. kinda like total eclipse but apocalypse instead of eclipse) is necessary and since he is addicted to TV shows, movies, video games and the internet apparently (all jew media), it would be the unselfish thing to do (assuming it's up to him to do the apocalypse). Yes?
Satan has been trying to be "sober" though. No TV shows, movies or video games for the past two months. Did not renew his 100mbps internet connection either. Let's see how long the lockdown can continue. 🤣🤷‍♂️
It's Saturday and Satan managed to spend hours writing the above post. 🤣
submitted by rcspy to conspiracy [link] [comments]

MeWe: A trip report

Among the more frequently mentioned G+ alternatives at the Google+ Mass Migration community, and others, is MeWe with over 250 mentions. The site bills itself as "The Next-Gen Social Network" and the "anti-Facebook": "No Ads, No Political Bias, No Spyware. NO BS. It is headed by professed Libertarian CEO Mark Weinstein.
As the site reveals no public user-generated content to non-members, it's necessary to create an account in order to get a full impression. I thought I'd provide an overview based on recent explorations.
This report leads of with background on the company, though readers may find the report and analysis of specific groups on the site of interest.

Leadership

Founder & CEO Mark Weinstein.
Co-Founder & Chief Scientist, Jonathan Wolfe (no longer with company).
Weinstein previously founded SuperFamily and SuperFriends, "at the turn of the millennium". Weinstein's MeWe biography lists articles published by The Mirror (UK), Huffington Post, USA Today, InfoSecurity Magazine, Dark Reading, and the Nation. His media appearances include MarketWatch, PBS, Fox News, and CNN. He's also the author of several personal-success books.
His Crunchbase bio is a repeat of the MeWe content.

Advisory Board

Ownership & Investment

MeWe is the dba of Sgrouples, a private for-profit early-stage venture company based in Los Angeles, though with a Mountain View HQ and mailing address, 11-50 employees, with $10m in funding over five rounds, and a $20m valuation as of 2016.
Sgrouples, Inc., dba MeWe Trust & Safety - Legal Policy c/o Fenwick West 801 California Street Mountain View, CA 94041
Crunchbase Profile.
Founded: 2012 (source)
Secured $1.2M in seed funding in 2014.
2016 valuation: $20m (source]
Backers:
Despite the business address, the company claims to be based in Los Angeles County, California and is described by the Los Angeles Business Journal as a Culver City, CA, company.

Business

Policy

In an August 6, 2018 Twitter post, Weinstein promotes MeWe writing:
Do you have friends still on Facebook? Share this link with them about Facebook wanting their banking information - tell them to move to MeWe now! No Ads. No Spyware. No Political Agenda. No Bias Algorithms. No Shadow Banning. No Facial Recognition.
MeWe provide several policy-related links on the site:
Highlights of these follow.

Privacy

The privacy policy addresses:

Terms of Service

The ToS addresses:
Effective: November 6, 2018.

FAQ

The FAQ addresses:

Values

This emphasises that people are social cratures and private people by right. The service offers the power of self expression under an umbrella of safety. It notes that our innermost thoughts require privacy.
Under "We aspire...":
MeWe is here to empower and enrich your world. We challenge the status quo by making privacy, respect, and safety the foundations of an innovatively designed, easy-to-use social experience.
Totalling 182 words.

Privacy Bill of Rights

A ten-item statement of principles (possibly inspired by another document, it might appear):
  1. You own your personal information & content. It is explicitly not ours.
  2. You will never receive a targeted advertisement or 3rd party content based on what you do or say online. We think that's creepy.
  3. You see every post in timeline order from your friends, family & groups. We do not manipulate, filter, or change the order of your content or what you see.
  4. Permissions & privacy are your rights. You control them.
  5. You control who can access your content.
  6. You control what, if anything, others can see in member searches.
  7. Your privacy means we do not share your personal information with anyone.
  8. Your emojis are for you and your friends. We do not monitor or mine your data.
  9. Your face is your business. We do not use facial recognition technology.
  10. You have the right to delete your account and take your content with you at any time.

Press

There are a few mentions of MeWe in the press, some listed on the company's website, others via web search.

Self-reported articles

The following articles are linked directly from MeWe's Press page:
The page also lists a "Privacy Revolution Required Reading" list of 20 articles all addressing Facebook privacy gaffes in the mainstream press (Wired, TechCrunch, Fortune, Gizmodo, The Guardian, etc.).
There are further self-reported mentions in several of the company's PR releases over the years.

Other mentions

A DuckDuckGo search produces several other press mentions, including:

Technology

This section is a basic rundown of the user-visible site technology.

Mobile Web

The site is not natively accessible from a mobile Web browser as it is overlayed with a promotion for the mobile application instead. Selecting "Desktop View" in most mobile browsers should allow browser-based access.

Mobile App

There are both Android and iOS apps for MeWe. I've used neither of these, though the App store entries note:
Crunchbase cites 209,220 mobile downloads over the past 30 days (via Apptopia), an 80.78% monthly growth rate, from Google Play.

Desktop Web

Either selecting "View Desktop" or navigating with a Desktop browser to https://www.mewe.com your are presented with a registration screen, with the "About", "Privacy Bill of Rights", "MeWe Challenge", and a language selector across the top of the page. Information requested are first and last name, phone or email, and a password. Pseudonymous identities are permitted, though this isn't noted on the login screen. Returning members can use the "Member Log In" button.
The uMatrix Firefox extension reveals no third-party content: all page elements are served from mewe.com, img.mewe.com, cdn.mewe.com, or ws.mewe.com. (In subsequent browsing, you may find third-party plugins from, for example, YouTube, for videos, or Giphy, for animated GIFs.)
The web front-end is nginx. The site uses SSL v3, issued by DigiCert Inc. to Sgrouples, Inc.

Onboarding

The onboarding experience is stark. There is no default content presented. A set of unidentified icons spans the top of the screen, these turn out to be Home, Chats, Groups, Pages, and Events. New users have to, somehow, find groups or people to connect with, and there's little guidance as to how to do this.

Interface

Generally there is a three panel view, with left- and right-hand sidebars of largely navigational or status information, and a central panel with main content. There are also pop-up elements for chats, an omnipresent feature of the site.
Controls display labels on some devices and/or resolutions. Controls do not provide tooltips for navigational aid.

Features

Among the touted features of MeWe are:

Community

A key aspect of any social network is its community. Some of the available or ascertained information on this follows.

Size

Weinstein claims a "million+ following inside MeWe.com" on Twitter.
The largest visible groups appear to have a maximum of around 15,000 members , for "Awesome gifs". "Clean Comedy" rates 13,350, and the largest open political groups, 11,000+ members.
This compares to Google+ which has a staggering, though Android-registrations-inflated 3.3 billion profiles, and 7.9 million communities, though the largest of these come in at under 10 million members. It's likely that MeWe's membership is on the whole more more active than Google+'s, where generally-visible posting activity was limited to just over 9% of all profiles, and the active user base was well under 1% of the total nominal population.

Active Users

MeWe do not publish active users (e.g., MUA / monthly active users) statistics.

Groups

MeWe is principally a group-oriented discussion site -- interactions take place either between individuals or within group contexts. Virtually all discovery is group-oriented. The selection and dynamics of groups on the site will likely strongly affect user experience, so exploring the available groups and their characteristics is of interest.
"MeWe has over 60,000 open groups" according to its FAQ.
The Open groups -- visible to any registered MeWe user, though not to the general public Web -- are browsable, though sections and topics must be expanded to view the contents: an overview isn't immediately accessible. We provide a taste here.
A selection of ten featured topics spans the top of the browser. As I view these, they are:
Specific groups may appear in multiple categories.
The top Groups within these topics have, variously, 15,482, 7,738, 15,482 (dupe), 7,745, 8,223, 8,220, 1,713, 9,527, 2,716, and 1,516 members. Listings scroll at length -- the Music topic has 234 Groups, ranging in size from 5 to 5,738 members, with a median of 59, mean of 311.4, and a 90%ile of 743.5.
Below this is a grid of topics, 122 in all, ranging from Activism to Wellness, and including among them. A selected sample of these topics, with top groups listed members in (parens), follows:
To be clear: whilst I've not included every topic, I've sampled a majority of them above, and listed not an arbitrary selection, but the top few Groups under each topic.

Google+ Groups

The Google Plus expats group seems the most active of these by far.

Political Groups

It's curious that MeWe make a specific point in their FAQ that:
At MeWe we have absolutely no political agenda and we have a very straightforward Terms of Service. MeWe is for all law-abiding people everywhere in the world, regardless of political, ethnic, religious, sexual, and other preferences.
There are 403 political groups on MeWe. I won't list them all here, but the first 100 or so give a pretty clear idea of flavour. Again, membership is in (parentheses). Note that half the total political Groups memberships are in the first 21 groups listed here, the first 6 are 25% of the total.
  1. Donald J. Trump 2016 - Present (11486)
  2. The Conservative's Hangout (8345)
  3. Qanon Follow The White Rabbit (5600)
  4. Drain The Swamp (4978)
  5. Libertarians (4528)
  6. United We Stand Trump2020 (4216)
  7. The Right To Self Defense (3757)
  8. Alternative Media (3711)
  9. Hardcore Conservative Patriots for Trump (3192)
  10. Bastket Of Deplorables4Trump! (3032)
  11. Return of the Republic (2509)
  12. Infowars Chat Room Unofficial (2159)
  13. Donald Trump Our President 2017-2025 (2033)
  14. Berners for Progress (1963)
  15. Sean Hannity Fans (1901)
  16. The American Conservative (1839)
  17. I Am The NRA (1704)
  18. Tucker Carlson Fox News (1645)
  19. We Love Donald Trump (1611)
  20. MAGA - Make America Great Again (1512)
  21. Q (1396)
  22. ClashDaily.com (1384)
  23. news from the front (1337)
  24. Basket of Deplorables (1317)
  25. Payton's Park Bench (1283)
  26. Convention of States (1282)
  27. Britons For Brexit (1186)
  28. MoJo 5.0 Radio (1180)
  29. MeWe Free Press (1119)
  30. The Constitutionally Elite (1110)
  31. Libertarian (1097)
  32. WOMEN FOR PRESIDENT TRUMP (1032)
  33. AMERICANS AGAINST ISIS and OTHER ENEMIES (943)
  34. #WalkAway Campaign (894)
  35. ALEX JONES (877)
  36. The Lion Is Awake ! (854)
  37. We Support Donald Trump! (810)
  38. The Stratosphere Lounge (789)
  39. TRUMP-USA-HANDS OFF OUR PRESIDENT (767)
  40. Official Tea Party USA (749)
  41. Mojo50 Jackholes (739)
  42. Yes Scotland (697)
  43. "WE THE DEPLORABLE" - MOVE ON SNOWFLAKE! (688)
  44. Judge Jeanine Pirro Fans (671)
  45. Anarcho-Capitalism (658)
  46. Ted Cruz for President (650)
  47. No Lapdog Media (647)
  48. Q Chatter (647)
  49. Daily Brexit (636)
  50. Tucker Carlson Fox News (601)
  51. The Trumps Storm Group (600)
  52. QAnon-Patriots WWG1WGA (598)
  53. 100% American (569)
  54. Ladies For Donald Trump (566)
  55. Deep State (560)
  56. In the Name of Liberty (557)
  57. Material Planet (555)
  58. WikiUnderground (555)
  59. Trump NRA Free Speech Patriots on MeWe Gab.ai etc (546)
  60. Magna Carta Group (520)
  61. Constitutional Conservatives (506)
  62. Question Everything (503)
  63. Conspiracy Research (500)
  64. Bill O'Reilly Fans (481)
  65. Conservative Misfit's (479)
  66. Canadian politics (478)
  67. Anarchism (464)
  68. HARDCORE DEPLORABLES (454)
  69. Deplorable (450)
  70. Tampa Bay Trump Club (445)
  71. UK Politics (430)
  72. Bongino Fan Page (429)
  73. Radical Conservatives (429)
  74. RESIST THE RESISTANCE (419)
  75. The Deplorables (409)
  76. America's Freedom Fighters (401)
  77. Politically Incorrect & Proud (399)
  78. CONSERVATIVES FOR AMERICA ! (385)
  79. Political satire (383)
  80. RISE OF THE RIGHT (371)
  81. UK Sovereignty,Independence,Democracy -Everlasting (366)
  82. The Patriots Voting Coalition (359)
  83. End The Insanity (349)
  84. Coming American Civil War! (345)
  85. Constitutional Conservatives (343)
  86. United Nations Watch (342)
  87. A Revival Of The Critical Thinking Union (337)
  88. The New Libertarian (335)
  89. Libertarian Party (official ) (333)
  90. DDS United (Duterte Die-hard Supporters) (332)
  91. American Conservative Veterans (331)
  92. Anarchism/Agorism/Voluntaryism (328)
  93. America Needs Donald Trump (326)
  94. The UKIP Debating Society (321)
  95. Coalition For Trump (310)
  96. Egalitarianism (306)
  97. FRIENDS THAT LIKE JILL STEIN AND THE GREEN PARTY (292)
  98. 2nd Amendment (287)
  99. Never Forget #SethRich (286)
  100. Green Party Supporters 2020 (283)
It seems there is relatively little representation from the left wing, or even the centre, of the political spectrum. A case-insensitive match for "liberal" turns up:
Mainstream political parties are little represented, though again, the balance seems skewed searching on "(democrat|republic|gop)":
The terms "left" and "right" provide a few matches, not all strictly political-axis aligned:
Socialism and Communism also warrant a few mentions:
And there are some references to green, laboulabor parties:

Conclusion

Whilst there may not be a political agenda, there does appear to be at least a slight political bias to the site. And a distinctive skew on many other topical subjects.
Those seeking new homes online may wish to take this into account.

Updates

submitted by dredmorbius to plexodus [link] [comments]

"Code is Law": Comedy Gold Survey on Ethereum

Survey ID: 00001 Coin: Ethereum Client: Tyler Durden

Executive summary:

Ethereum is almost certainly the number 2 coin in comedy gold. It will likely surpass Bitcoin in comedy gold long before it passes it in market cap. Thanks in large part to a spam-based marketing campaign on Reddit, it also has a dedicated base of critics.
After its IPO, it was known as “Inthereum” for a while, infinitely powerful of course, as vaporware can do anything. It had a major version release, then another. Finally, a major smart contract, in terms of valuation, came along: The DAO. Not to be confused with other DAOs, before and after. The DAO was the biggest. It was going to be the best; it already was the best! Euphoria was off the charts.
Until just a few months in, a bug was found. And the killer app became the flash point. What could they do? Well, hard fork and give the money back, of course! And so they did.
“Code is Law”; but this is actually good for Ethereum because “[a]lthough some do question the analogy ‘code is law’. I do not. We just found out that we have a supreme court, the community!” [1]
After the D'OH, Ethereum struggles to top its ATH comedy gold, but there is still a bright future for popcorn and comedy gold from Ethereum.

5 Largest Veins of Comedy Gold

Here are the largest comedy gold veins in Ethereum in potential reserves in our estimation in approximately descending order:
  • Cultlike euphoria - Now, this can certainly be said to be common to almost all cryptocurrencies. But Ethereum seems special here, even more than Bitcoin's community. There is a real belief here that this coin is going to change the world. This helps play into a "this is very good for Ethereum" mindset, wherein even the D'OH fork was a great success!
There is no greater terror than a fiend on ether.
  • Vitalik Buterin - The best name in cryptocurrency! Young genius central to Ethereum and almost universally seen as the most important leader in the project. In our view, his endorsement and leadership during the D'OH fork led to that route being taken. That is, we believe if he had opposed it from the start, he may have been able to prevent it or at least have led to what is now called ETC being the dominant of the two.
And so in our view, Mr. Buterin runs a billion dollar cryptocurrency right now. He and his team seem to have done reasonably well so far; it seems likely they'll continue to thrive. To the best of my knowledge, confirmed on /ethereum, there hasn't been a drug market implemented in Ethereum or trading with ETH so far. But while it seems like a terrible idea, because of the lack of privacy and proven mutability of contracts, it seems like eventually there's going to be a major drug market accepting ETH just because it has such a high value. And, they point out, monero and zcoin’s core privacy feature will apparently be available on ETH after this next fork, so look forward to anonymous ETH fueling drug markets!
And then the interesting question will be raised of how Chief Justice Buterin will rule on the case, whether it is worthy of an intervention or not. If not a drug market, then another buggy and hacked contract. Or a hacked exchange, and the question of whether to make it or its users whole, or "let the hacker win".
  • DAOs - From the beginning, it was proposed that Ethereum itself and its reserve fund would be turned into a DAO. How exactly this was going to happen would be figured out later of course. There was an initial estimate of 2016 for the transition.
Of course, in 2016, The DAO and the D'OH happened. I'm not aware of a current further push to put all of ETH's future funding into a DAO. But I'm sure the topic will resurface. And it will be hilarious on so many levels. The DAO actually collapsed too soon for peak comedy gold extraction. It had been predicted that there would be no consensus on any proposals and that nothing would be funded, and that there would be gold from that. But it was just a few months in when the bug was found. And while the D'OH fork was certainly a rich vein of comedy gold, it wasn't as rich as what the DAO could have been if it had floundered around for a year or so before the hack.
Surprisingly, there's actually a running, apparently working DAO on ETH that was started even before The DAO: digixDAO. If it keeps on running, it will continue to be hilarious as other DAOs fail to learn from it. If it fails, there's all the more hilarity for Ethereum, making it the platform where anything complicated enough to look like an original use case will break. The very existence of digix is proof-of-comedy-gold.
  • Immutability - The whole central notion of immutability is going to be a recurring question for Ethereum after the D'OH. While there was a lot of sentiment of "just this once and never again" at the time, there will someday be another major issue, and the precedent will mean that at least a major debate among the community will be had. Ethereum is "mostly immutable". Bitcoin is far better protected here, because while it's true they've hard forked to fix a bug before, that was years ago and the community is far more fractured now. Ethereum has a demonstrated capacity to do both routine and controversial hard forks. This strength is also a challenge, as it will invite constant legal and ethical questions about when it's appropriate to modify the chain itself with a fork: that is, rolling back some or all transactions after major bugs, thefts, frauds, and so forth.
  • Concentration of funds - This one I'm just guessing at. Although rich lists do exist, obviously one entity like an exchange could pool funds in an address without one person owning that much, or one person could splits their coins among many accounts. But it gives a rough guide. In Bitcoin, the top 113 addresses, having more than 10,000 BTC, in total are 17.46% of the current supply [ 2 ]. And in Ethereum, it's true that the top two accounts are marked as exchange accounts [ 3 ]. Still, having lots of funds concentrated in a single exchange wallet seems to still have some potential for comedy gold. In Ethereum, the top 50 addresses have more than double the proportion of the top 113 in Bitcoin, a bit over 40% of the current supply. My guess would be there are still a lot of people who invested heavily in the initial ICO who have held onto a significant portion of their initial ETH. While some of these top addresses are exchanges, I think there are probably many individuals represented in here as well, and every one of them is a multimillionaire from this account alone.
Of course, so far, because ETH is still smaller than BTC in overall market cap, these top addresses aren't as huge as the top addresses in Bitcoin in current market value. But if ETH were to overtake BTC's current position with a relatively unchanged distribution, there would be some real comedy gold coming off this factor. Cribs could have a spin-off Ethereum series.
This concentration was a part of making The D'OH what it was in my view as well: in Bitcoin, there would never have been so much of the coin tied up in one particular venture, at least not now. But in Ethereum, this concentration and groupthink can combine to hilarious effect.

A Brief History of Comedy Gold in Ethereum:

“Laws, like sausages, cease to inspire respect in proportion as we know how they are made” - John Godfrey Saxe
In the beginning, there was an offering. The greatest coin the world had ever seen; step right up and buy it! There was even code; this is no vaporware! Sure, there was more work to be done, but the ICO would fund that work, the founders would get a little, and create a reserve for the future and the rest would be mineable.
There was also some of the most vociferous objections on BCT, declaring that the stake allocated to the founders was too large, pointing to other coins which had done smaller or done without. Arguing against the reserve; arguing against having a presale at all. Some people, of course, completely failing to read the documentation accurately to see what was even being proposed. And an almost complete radio silence from this large team working around the clock on Ethereum.
It took some months from when the initial ANN was made until the sale actually started, but by the time they had their sale, they had perhaps the best documentation at launch to-date. Of course, there were some areas which seemed to lack some detail, like the budgeting, but never mind that, it was finally launching!
Launching the sale, at least. In July and August of 2014, Ether was first sold. It was described as “fuel” for the virtual machine they were going to build [ 4 ].
And then, a year later, Ethereum was released live. By July 2016, it had already had its first major crisis after The DAO was hacked and the D’OH fork introduced in response.
But the fact that Ethereum was ever released, and that it was released so quickly, is truly incredible. There was more than one person who thought that the stated goals of Ethereum were not possible. And, of course, many initial goals and deadlines didn’t happen. But unlike the railbirds on BCT were convinced, the team did not fail nor did it run off with the money. They were given a blank check, and they actually delivered a working product which has been successful so far financially.
Of course, having its flagship smart contract go belly-up quite so quickly after having finally gotten a “killer app” seems rather unfortunate. The oracle problem (the question of how to reliably relate smart contracts to the outside world) seems unresolved, but partial solutions are inevitable and can only serve to make increasingly complex and thus popcorn-loaded contracts possible.
Right now, all seems relatively quiet. But rest assured, there remains plenty of euphoria and gas to drive many more cycles of comedy gold production. Ether huffers need something to throw their ETH at. The more complicated; the better! Given some of the creations that have been made in NXT, for instance, a few more years of creativity on ETH should yield some very complicated and pop-corn rich smart contracts.

Researcher’s Narrative:

I was relaxing in my office, waiting for business. It was a dingy little one-room affair, but it would serve for now. Particularly with no clients. I had poured myself a double shot, and was about to enjoy it, when suddenly the door opened.
A man walked in, familiar somehow although I couldn't place him. I reached out my hand instinctively, and instead of shaking it, he handed me a dollar.
"Hello?"
He pointed at the sign in the window, advertising a promotional one dollar gold survey for the first client. Always astute, I quickly surmised he wished to hire me.
"Of course, sir! What coin would you like?"
"Ethereum."
"Certainly! And may I have your name for the log?"
"Tyler Durdan."
And with that, my newest client left. I downed my double and poured a generous triple to follow it. This was going to be a long day.
Ethereum was the ultimate prize in my line of work. The coin which proved the adage that truth is stranger than fiction; which had proved itself a lucrative source of comedy gold.
And who am I? Guy Noir, private comedy gold surveyor. I've seen things you people wouldn't believe. Premined scamcoins crashing on noname exchanges. I watched popcorn glitter in the dark on forgotten the BCT threads. Popcorn junkies strung out on a high, and I've delivered them more comedy gold, popcorn, salt and butter. There is never enough.
A dark night in a world that never sleeps and knows how to keep its secrets...But on the 12th Floor of the Acme Building, one man is still trying to find the answers to life's persistent questions: Guy Noir, private comedy gold surveyor.
Thank you, Narrator. Now, as I was saying, Ethereum is overloaded with gold. But the core is pretty straightforward:
Ethereum promised "smart contracts". Immutable. Turing-complete. This was what Bitcoin lacked. The bee's knees. Crypto 2.0. What could go wrong?
We'll skip over the "Inthereum" period. Perhaps the vaporware criticism was never fair: from their version, they had Proof-of-Concept code; they went through some iterations and eventually got to release.
Let's note clearly that there was plenty of time to determine some sort of official policy for what to do about a buggy or improperly written contract losing money. In Bitcoin, every hack has been a SFYL event, although it’s true that a bug in the coin itself was hard forked away before. Mt. Gox tried to blame malleability, but there was never a fork to try to recover funds. In Ethereum, immutability was often talked about. So far as I saw in skimming, “what if” scenarios to undo bugs wasn’t brought up front-and-center. Nor was immutability being debated that I saw.
So Ethereum releases. A major contract is launched, The DAO, which gets an astonishing portion of ETH invested. The world's largest crowd sale as they ultimately called it. All the major players in ETH buy into it, including Vitalik Buterin, the creator of Ethereum and the best name in cryptocurrency.
Just as they're starting to get into the comedy gold that The DAO doesn't really have a purpose, a bug is discovered. And just as its leader is assuring everyone that no funds are at risk, the funds start being drained out of the contract by an unknown party.
And suddenly immutable means "immutable unless we screw up on the biggest contract which everyone important has invested in heavily". Ethereum ultimately hard-forks to return investor funds and basically unwind The DAO. After claiming that the bug was in the contract, the coin itself is hard forked to fix the issue. And the first Ethereum clone results, one which simply does not follow the new hard fork.
So the natural question is: when can a contract be changed? In the first page of the Ethereum launch, this question was implied by asking about what would happen if there were an assassination market hosted by a smart contract on Ethereum. Of course, in reality, Ethereum is not really functional enough at present to enforce such a contract, but the question remains in case Ethereum were to actually attain a functioning smart contract platform.
Attempted reference to Tears in rain monologue, credit to Rutger Hauer
Guy Noir and narrator text lovingly stolen from Prairie Home Companion's Guy Noir, by Garrison B. Keillor.

Researcher’s Rant

Filed for psych eval
Twenty pages into the BCT ANN, I believe I have contracted cancer, again. I’m reminded of why I don’t generally go on BCT. As bad as altcoin forums tend to be for their circlejerking, it’s almost better than the, well, there’s really no way to put it other than FUD that inevitably appears in response to anything. Of course, it’s not paid shilling so much as it is willful and vocal ignorance. For all the critiques in that thread, most of them are utter nonsense and simply are misreading the initial information. On the other hand, it’s January 27th in the thread by now, with February 1st and the pre-sale start, and they don’t have their “prospectus” up yet. I also haven’t seen the change in mining rate yet.
Side note: eMunie; wtf? I guess I missed something? Either it’s gone through a namechange or it’s dead, because a quick coinmarketcap search didn’t find anything. A comedy gold mining project for another day.
Great; spoiler alert: fundraiser delayed apparently, so even more cancer to read through in that thread on the way to getting to a prospectus!
The first 44 pages of the thread was summarized thus: “I want to believe. Why are you not speaking to us? Throw me a bone. Just tell me what I want to hear, and I'll gladly throw my money in.” [ 5 ] Would that I had only had to read that quote rather than all 44 pages, and facing many more.
Pages and comments dragged on as I waded through the low-grade popcorn. When would this prospectus be released, so my torment would end? Oh god: a side-thread shows that by the time they get to April, there’s still no prospectus or presale date or estimate of when there may be a date [ 6 ]. It’s time to give up on reading through the cancerous mainthread on BCT and start jumping ahead pages to find the pre-sale and prospectus.
Okay, finally, in July, they release documents and start the sale [ 7 ]. Good enough.
I have mountains of links on my desk. Comedy gold is overflowing, but this is a survey expedition, not a mining operation. But by the time it’s surveyed, there’s always so much gold lined up to mine it gets hard to leave it behind and leave with the samples.
It’s time to hammer out some copy and close this file.
Folks, we hope you’ve enjoyed this descent into madness and comedy gold brought to you by the Comedy Gold Survey Company and our patron Tyler Durden. Do you need more comedy gold in your life? Of course you do! So please donate today; every $1 helps! I’ve added a new special: $5 lets you choose the next coin to be surveyed!
Thanks again to Tyler Durden, and I will now be re-watching Fight Club and questioning my sanity. Cheers y’all!
Resources:
Edit: 3/26/2020: Removed a link to a comment per request from the user.
Footnotes and other links:
submitted by coinaday to Buttcoin [link] [comments]

Bitcoin Segwit 2x Fork Speculations and Tin Foil Hat Theories.

https://steemit.com/bitcoin/@golden.parazyth/6tz1dz-bitcoin-segwit-2x-fork-speculations-and-tin-foil-hat-theories#
Bitcoin Segwit 2x Fork Speculations and Tin Foil Hat Theories.
This article summarises the current theories of what will happen after the Bitcoin Segwit 2x fork from the most likely and sensible outcomes to currently circulating conspiracy theories. Facts regarding the coming fork (somewhere around the 16th of November) are nicely summarized by the tenmillionsterling , therefore they are not repeated in this article as this is a summary of potential ‘What will happen to the price and bitcoin?’ OPINIONS and by no means it’s a financial advice. For the readers who don’t know what is the coming fork, please follow this link. I would like to stress out one more time that this article is a collection of opinions based on facts, feelings, bias, and pure human idiocy so please use your own critical thinking in making life decisions.
https://steemitimages.com/DQmUQs6f2j8Ee9yuEaehtFyCeGndHGVnuvjN2K89nMof7GY/4140332263_6e88268e80_z.jpg
Terminology. Current Bitcoin (core) is called 1x or core. The updated/forked (Segwit2x)is referred as 2x or B2X. Alts – alternative crypto currencies also widely known as shitcoins. Double spending Replay protection
Theory number 1. No split occurs and life goes on. Probably the best outcome (not necessarily the most likely) is to avoid the blockchain split altogether. In this scenario all miners update the protocol to Segwit2x (or abandon 2x) and Bitcoin does not split. Therefore, the second chain does not occur and Segwit2x protocol gets successfully activated. As a result, there is only one Bitcoin (2X or 1X) and every exchange calls 2x (or 1X) as a Bitcoin, there is no network disruption, no double spending. In this scenario Bitcoin price should continue its uprising trend and altcoins would continue to be suppressed. The likelihood of every miner achieving consensus is moderate. Currently 83% of miners signal for 2x and 33.2 percent signal for 1x coin (reference). It is possible for no split to occur, although I think, there is going to be a split. Theory number 2. Bitcoin splits into 2 coins (1x and 2x). Bitcoin core developers are unlikely to give in and split occurs. Peter Todd (core developer) said Segwit2x is a fraud. As a result all hell breaks loose, a disaster, since there is no replay protection and no consensus of what will be called Bitcoin. Opinion alert! In my humble opinion this is the most likely scenario. First of all, there are no consensus among exchanges and various service providers of what is going to be Bitcoin and what is going to be called B2X as each company want to call Bitcoin with their own names. Table 1 shows summary of what each coin after split is being called, taking into the consideration that B2X will have the most hash.
Table 1
Table 1 shows the decision of crypto service providers regarding the naming of split coins. Bitcoin is going to be called a chain with the majority of hash power and only 1 coin listed. In case B2X is called Bitcoin, it is not clear how the original coin is going to be named. *Opinion alert! I think they name Bitcoin with the most hash power. References: 1) https://bitcoinmagazine.com/articles/b2x-or-not-b2x-how-exchanges-will-list-segwit2x-coin/ 2) http://nob2x.org/ 3) https://cointelegraph.com/news/xapo-on-segwit2x-we-might-not-treat-btc-chain-as-real-bitcoin 4) https://blog.bitpay.com/segwit2x/ 5) Peter Todd calling Segwit2x a fraud
As the table 1 indicates, there is no consensus of what is going to be Bitcoin, the lack of replay protection specifies that spending Bitcoin you will also spend the B2X and vice versa. It will cause madness. For example, if you spend Bitcoin to pay for the game on Steam which effectively will name B2X (Bitpay) as Bitcoin, your money may be lost or transferring BTC from one exchange to the other when the same name Bitcoin is used while indicating 2 different chains! On the other hand, a lot of miners may switch back to support the 1x chain (or they may not). Opinion alert!!! What does this mean and what to do? In this scenario until the consensus is reached (and it will be reached), price of 1x and 2x plummets, while money flows back to dirty, disgusting, filthy fiat and glorious alternative crypto currencies. All major alts should experience the price boom against the Bitcoin and depending how low the Bitcoin drops, possibly against the fiat. I think DASH, LTC, ETH, NEO will be the major gainers. I deliberately left BCH out of this. Depending to the miners support, original Bitcoin will become vulnerable to the double spending attack. High difficulty and low mining profitability may lead to the remaining miners to switch to the most profitable coin (BCH or B2X), in fact potentially exposing 1x and 2x chains to double spending attacks (probably unlikely scenario). All depends on how fast the emergency protocol is released to adjust the difficulty for the Bitcoin Core (1x) chain to avoid exodus of the miners. In case of the double spending attack 1X would loose all the confidence, generally would die. However, the emergency protocol may be released quickly, difficulty adjusted really fast and enough of miners will remain mining 1X to prevent any potential attacks. The uncertainty about the support for each chain (1x or 2x), lack of consensus of what is what, logically should cause the BTC price to drop. However, this is crypto, logic does not work all the time, why else bitconnect exist?
This leads us to the conspiracy. AND WE ALL LOVE CONSPIRACY, JET FUEL CANT MELT STEAL ! For the following theories please put your tin foil hats.
![tinfoilhat.gif](https://steemitimages.com/DQmVyacpCN4YrKHDt4KqBRyXk6We93hxcrK9uSTrurJXJnH/tinfoilhat.gif)
For readers that don’t have one here is the link why you should have one and how to make one.
Theory number 3. Destruction of Bitcoin and rise of B2X. Overtake by the bankers.
Split occurs and majority of the hash power supports B2X. The 1x chain becomes laggy and slow, and hence experience the dump by people and groups interested in killing core. The large sums of 1x gets dumped while B2X is being equivalently bought while cheap. All big holders (hedge funds, whales, bankers buy a large sums of B2X while the price is low) and increase the total Bitcoin stake (2X), rich get richer and now have the absolutely majority of the coins hence can do various price manipulations and steer the direction of the Bitcoin. This theory is provided by the poorbrokebastard. This article about Segwit2x and its threat. And here the most highly controlled Brokerage service Coinbase says that Bitcoin Core are the biggest threat.While Coinbase itself may freeze your account at any time due to any reason they want (bitcoin you own previously was used in a gambling or any other activity they don’t like), Coinbase is happy to hand all the customer info to the government at any time and yet still, they see volunteer developers as a threat.
**
Theory number 4. BCH becomes Bitcoin as Jihan Wu will take over the world!
**
![DCZY16tUMAAw7kc.jpg](https://steemitimages.com/DQmUPVk9G2RdYD7DYu59Jcx7NDzK1SFr5NmgqtcGMve2Ycz/DCZY16tUMAAw7kc.jpg)
The lack of reply protection and deliberate attack on 1x chain by the major hashing power would lead to the loss of confidence in 1x and 2x chains. Price would plummet of 1x and 2x coins, while at the same time BCH would be pumped leading to the miners and herd of people flocking to the BCH. Jihan Wu and Roger Ver with the power of lobbying persuade business to call BCH as Bitcoin. We need very thick hat to understand this! Bitcoin cannot be destroyed, however it can be changed. Hundreds of millions have been invested in Bitcoin mining operations. Hence Bitcoin will prevail, however it may be core,B2X or BCH. As noted by the tenmillionsterrling, it is possible for the BCH to overtake Bitcoin name in the case of 1x and 2x destruction. That does not mean that people will start using BCH over the much better alternative crypto currencies. I would like to add to the tenmillionsterrling comment, in support of the BCH take over. Jihan Wu and Bitmain is the major supplier of BTC miners, they only accept BCH as a payment option, and hence have enough power and influence to blackmail the community and stir the Bitcoin future to their own benefit. Jihan Wu is very smart and he rightly deserves applause for being the best in the mining business. I don’t believe in this theory at all and don’t want to support the BCH, although BCH may increase in price significantly.
Other theories will be added later as they appear. Please share and I will add them giving you credit.
Summary. OPINION ALERT.
The most likely scenario is that split occurs. Exchanges will disable BTC deposits and Withdrawals 24 hours before the fork and will enable only when its save. Various service providers such as Bitpay (that supports major businesses as Steam) will suspend the service. Therefore BTC price should drop as people will still need to perform transactions. Consequently, the transactions will be performed using altcoins. The biggest gainer is LTC as this coin is universally accepted by every exchange and is frequently used to transfer BTC from one exchange to the other due to smaller fees and shorter block generation time. However, second contender is DASH and several businesses already accept DASH over Bitcoin (BitCart – save on your amazon vouchers), or via the use ShapeShift integration as popular amazon discount provider states that DASH is the most popular altcoin used on the site. Which coin will prevail (1x or 2x) as Bitcoin, I don’t know, but tend to think it will be B2X as currently it has the majority hash supply. Secondly, the massive split in the hash power would lead to Bitcoin core being vulnerable to the double spend attack at any point and lead to the loss of confidence, hence disappearance. However, anything is possible and it all depends on the intentions of the participating groups. Are all the miners evil and mine what is the most profitable disregarding the technology? Have the core developers ditched the vision of Satoshi and are closed to the public opinion? Does Jihan Wu seek to replace Bitcoin with BCH? Do the bankers and governments want to control the Bitcoin or perhaps even destroy it? There are plenty of arguments for and against, while answer to each question directly correlates to the quality of foil used to make the hat.
But hey– money talks. As much as I would like to see the decentralization the trend is set not by the early and crazy libertarian adopters, but by the herd of newcomers, who don’t really care about escaping the system. How can unpaid volunteers (Bitcoin core) compete with billionaires such as Jihan Wu? Masses and Bankers seek stability which is in their opinion only achieved by the regulations and control. It is possible for B2X take over the core, also possible for Bitcoin Core (1x) to prevail and B2X being listed as an altcoin. The month after the fork (in case of the split) will be turbulent, and as I expressed earlier, its probably best to stay out of bitcoin and keep fiat or alts (again OPINION so you are free not to listen at all and do whatever the hell your heart desires).
NOTE: I generally don’t like the control and centralization, monopoly. Otherwise I would stick with the fiat and would lead the life of a slave, take a mortgage, and would demand Bitcoin to be banned or at least regulated by the government. Maybe also become a communist too or at least highly aggressive socialist and a vegan. If you are looking for the more serious predictions, please read these articles 1 2.
Disclaimer. I don’t own any LTC, well I do, but cant remember the password I set 4 years ago, and 200 LTCs are locked forever. Perhaps someone knows how I could reach into my consciousness and help remember it? Also, I don’t like BCH, I don’t use it, I hate it. I did my best to make this article entertaining and informing at the same time. The tinfoil hat theories, well you need a hat to understand them.For the more comprehensive theories you should read Jimmy Song and other highly influential people.
submitted by Golden_parazyth to CryptoCurrency [link] [comments]

What's Driving the Bitcoin Revolution: Why $100 worth of Bitcoin is worth more than 100 US Dollars

Those skeptical of bitcoin have a tendency to view it as analogous to certain historical currency manias. Just about every commodity you can think of has been used as money at some point, famously including the giant stone money of Yap island, and Dutch tulipomania.
Tulipomania created economic-history's most famous case of a speculative bubble that went sour. Many, including my own brother, continue to paint bitcoin with the tulip-moniker. A speculative bubble occurs when an asset's price deviates from its intrinsic value.
But because bitcoin is not a stock or a company, people seem to have trouble realizing why bitcoin should have any value at all, and that's what I want to focus on.
The stunning fact is that $100 worth of bitcoin (0.699 BTC as of this writing) is worth more than $100 in any other fiat currency in the world. One way we know this is that people continue to pay fees between 1% - 4% to purchase bitcoin with fiat currencies. Thus, people would rather have $96 - $99 worth of bitcoin than $100 of fiat currency.
The underlying reasons for this are bitcoin's killer features:
This is the economic case for bitcoin, that because bitcoin transactions are irreversible and can be conducted at the cost of pennies, or even for free (if time is no object), regardless of the value being transferred, the result is that retailers find bitcoin extremely attractive--they can improve their profits by nearly the same percentage that they no longer pay Visa/MC/PayPal for payment processing and transaction insurance.
I recently had someone argue that they didn't consider this a killer feature because they believed that Visa could simply lower their transaction fees to remain competitive. This person simply didn't get it. When Visa charges you ~$200 on a $10,000 transaction and a typical bitcoin transaction for the same amount costs $0.13 cents, there's not much room for Visa to lower fees and remain profitable, unless they want to fire 99% of their workforce, sell off every single one of their commercial properties, and abandon fraud protection and a hundred other things they do to remain profitable. Bitcoin defeats the credit card companies on a structural basis which constitutes a classic case of market disruption for which the companies being disrupted have no effective defense.
Because of bitcoin's lower transaction costs, both buyer and retailer should receive and offer better deals of existing goods. At first, retailers will keep prices the same in dollar terms, just price them in bitcoin, and enjoy a significant profit advantage, which their competitors will have to replicate to compete, creating a virtuous cycle of bitcoin adoption among retailers.
But, as retailers in general complete this adoption cycle and begin competing on a bitcoin-basis, they will lower their prices in bitcoin to reflect the lower transaction costs and consumers will begin to benefit directly.
The value of bitcoin to humanity is directly tied to this feature of lower transaction costs which improves the marginal profitability of every single transaction it's used in, meaning in the end lower prices for consumers and raising everyone's standard of living.
That's why bitcoin deserves a market cap of many trillions of dollars, because it has inherent financial advantages in its use, and everyone in the world could profit by using it, making everyone's lives better.
We live in an age where governments believe they have a right to take whatever amount of wages from you that they decide is fair, and to ban the ownership of drugs and weapons they (foolishly) decide they don't want you to own. Bitcoin offers an easy way to circumvent government payment-snooping and ethical gray-markets like Silk Road.
But even if you, like me, have no interest in gray-market transactions, you can take financial privacy that your bank will not give you. By law banks must inform on you to the government, and chances are your purchases are crawled by government computers every single day.
With bitcoin you can conduct as anonymous a transaction as currently possible, connecting to retailers via the TOR network, keeping wallets no one knows you own, etc., etc. Privacy in the bitcoin ecosystem is a topic worth of study to itself.
What I still remember to this day are the words of certain German anarchs I'd met once whom refused to show their face in public anymore or give out their real name--they believe that privacy needed to be taken by each person, not merely expected of other people to give to them.
Perhaps bitcoin's more controversial feature is the expectation of continual deflation over time. Many don't understand how or why this works or what effect it would have on an economy, and some (Keynesians) even think it would harm an economy. Nothing could be further from the truth.
Bitcoin will grow in value as more people begin to demand it as they learn of it. Some have accused bitcoin therefore of being little more than a speculative tulip-bubble. Frankly I would agree with them if it weren't for the fact of lower transaction costs. But it's also true that even without having the lowest transaction costs, bitcoin would probably still be able to survive as a currency in its own right simply from its deflationary policy.
Even after everyone on earth knows about and even uses bitcoin, it would continue to deflate and gain in price as workers became more productive overall, generating more wealth, demanding more goods, and as the population of the planet grows so too will the value of bitcoin.
This makes it good to hold bitcoin for future purposes, which encourages savings, which means people have bitcoin to invest when a really good opportunity comes around, which is how the modern world was built.
Economies become rich the same way people do: by producing more than they consume (and saving it). All the people who say it's good to get rich by borrowing rather than saving ignore that without the savers there would be no one to borrow from.
We are living in a period of historic value-gain that will not often be repeated, and by the time bitcoin's market cap reaches $100 billion would never occur again, so the people who worry about continual volatility should not worry. When bitcoin becomes the native unit of account, volatility (as measured in other currencies) becomes a non-issue.
Much has been made of bitcoin's vulnerability to hackers and the like. But what of the risk of politicians hyperinflating a currency and destroying its value thereby, such as has happened in so many countries around the world.
Bitcoin was founded with the idea of ending the necessity for 3rd party trust in a currency. There's no bitcoin central bank, no equivalent of Bernanke setting fiscal policy, no government controlling supply of bitcoin or abusing it to pump the market on an election year.
Bitcoin replaces the existential risk of a fiat currency with the existential risk of a hacker, or of trusting the robustness of the bitcoin program.
Of the two scenarios, I think it better to risk facing the hacker, because there are very good steps a person can take to be quite sure that a hacker cannot take their bitcoin, and with the advent of hardware wallets this won't even be a big concern anymore.
And as for the robustness of the bitcoin program itself, trust in that can only build with time and use. I think the price increases starting in January are in part a reflection of growing confidence in bitcoin, that it had passed the first big test, the June '11 crash, that the block reward halving experience had proved that mining would continue despite the halving, and the recent blockchain fork showed how the network responds to an emergency bug. Now all we need is someone to attempt a 51% attack and find themselves almost immediately defeated and the stress test will be complete :P
So when you tell someone about bitcoin, when you tell them about the massive uptake in users and the resulting price increase as a result of growing demand, they will imagine it a bubble, but remember to tell them the fact of lower transaction costs. It is the heart of bitcoin adoption.
People want bitcoin because $100 worth of bitcoin is actually worth at least $135 (if you factor in future expected value increases via deflation and discount it to present value, and existing and expected inflation in fiat currencies, and lower overall transaction costs generally which make things cheaper to buy in bitcoin than in dollars). That figure could vary significantly from person to person depending on how fast they think bitcoin adoption will take place (if they do at all), how much they value personal privacy, etc., but this is why people are going to continue to prefer bitcoin over fiat, and move into it slowly but surely.
If this is not a bubble, then it is the world waking up to the true valuation of bitcoin and slowly realizing that this idea is set to change the world.
We live in a historic epoch, and finance will never be the same again.
submitted by Anenome5 to Bitcoin [link] [comments]

Bitcoin Segwit 2x Fork Speculations and Tin Foil Hat Theories.

https://steemit.com/bitcoin/@golden.parazyth/6tz1dz-bitcoin-segwit-2x-fork-speculations-and-tin-foil-hat-theories# Please use steemit link as images there are posted properly.
Bitcoin Segwit 2x Fork Speculations and Tin Foil Hat Theories.
This article summarises the current theories of what will happen after the Bitcoin Segwit 2x fork from the most likely and sensible outcomes to currently circulating conspiracy theories. Facts regarding the coming fork (somewhere around the 16th of November) are nicely summarized by the tenmillionsterling , therefore they are not repeated in this article as this is a summary of potential ‘What will happen to the price and bitcoin?’ OPINIONS and by no means it’s a financial advice. For the readers who don’t know what is the coming fork, please follow this link. I would like to stress out one more time that this article is a collection of opinions based on facts, feelings, bias, and pure human idiocy so please use your own critical thinking in making life decisions.
https://steemitimages.com/DQmUQs6f2j8Ee9yuEaehtFyCeGndHGVnuvjN2K89nMof7GY/4140332263_6e88268e80_z.jpg
Terminology. Current Bitcoin (core) is called 1x or core. The updated/forked (Segwit2x)is referred as 2x or B2X. Alts – alternative crypto currencies also widely known as shitcoins. Double spending Replay protection
Theory number 1. No split occurs and life goes on. Probably the best outcome (not necessarily the most likely) is to avoid the blockchain split altogether. In this scenario all miners update the protocol to Segwit2x (or abandon 2x) and Bitcoin does not split. Therefore, the second chain does not occur and Segwit2x protocol gets successfully activated. As a result, there is only one Bitcoin (2X or 1X) and every exchange calls 2x (or 1X) as a Bitcoin, there is no network disruption, no double spending. In this scenario Bitcoin price should continue its uprising trend and altcoins would continue to be suppressed. The likelihood of every miner achieving consensus is moderate. Currently 83% of miners signal for 2x and 33.2 percent signal for 1x coin (reference). It is possible for no split to occur, although I think, there is going to be a split.
Theory number 2. Bitcoin splits into 2 coins (1x and 2x). Bitcoin core developers are unlikely to give in and split occurs. Peter Todd (core developer) said Segwit2x is a fraud. As a result all hell breaks loose, a disaster, since there is no replay protection and no consensus of what will be called Bitcoin. Opinion alert! In my humble opinion this is the most likely scenario. First of all, there are no consensus among exchanges and various service providers of what is going to be Bitcoin and what is going to be called B2X as each company want to call Bitcoin with their own names. Table 1 shows summary of what each coin after split is being called, taking into the consideration that B2X will have the most hash.
Table 1
Table 1 shows the decision of crypto service providers regarding the naming of split coins. Bitcoin is going to be called a chain with the majority of hash power and only 1 coin listed. In case B2X is called Bitcoin, it is not clear how the original coin is going to be named. *Opinion alert! I think they name Bitcoin with the most hash power. References: 1) https://bitcoinmagazine.com/articles/b2x-or-not-b2x-how-exchanges-will-list-segwit2x-coin/ 2) http://nob2x.org/ 3) https://cointelegraph.com/news/xapo-on-segwit2x-we-might-not-treat-btc-chain-as-real-bitcoin 4) https://blog.bitpay.com/segwit2x/ 5) Peter Todd calling Segwit2x a fraud
As the table 1 indicates, there is no consensus of what is going to be Bitcoin, the lack of replay protection specifies that spending Bitcoin you will also spend the B2X and vice versa. It will cause madness. For example, if you spend Bitcoin to pay for the game on Steam which effectively will name B2X (Bitpay) as Bitcoin, your money may be lost or transferring BTC from one exchange to the other when the same name Bitcoin is used while indicating 2 different chains! On the other hand, a lot of miners may switch back to support the 1x chain (or they may not). Opinion alert!!! What does this mean and what to do? In this scenario until the consensus is reached (and it will be reached), price of 1x and 2x plummets, while money flows back to dirty, disgusting, filthy fiat and glorious alternative crypto currencies. All major alts should experience the price boom against the Bitcoin and depending how low the Bitcoin drops, possibly against the fiat. I think DASH, LTC, ETH, NEO will be the major gainers. I deliberately left BCH out of this. Depending to the miners support, original Bitcoin will become vulnerable to the double spending attack. High difficulty and low mining profitability may lead to the remaining miners to switch to the most profitable coin (BCH or B2X), in fact potentially exposing 1x and 2x chains to double spending attacks (probably unlikely scenario). All depends on how fast the emergency protocol is released to adjust the difficulty for the Bitcoin Core (1x) chain to avoid exodus of the miners. In case of the double spending attack 1X would loose all the confidence, generally would die. However, the emergency protocol may be released quickly, difficulty adjusted really fast and enough of miners will remain mining 1X to prevent any potential attacks. The uncertainty about the support for each chain (1x or 2x), lack of consensus of what is what, logically should cause the BTC price to drop. However, this is crypto, logic does not work all the time, why else bitconnect exist?
This leads us to the conspiracy. AND WE ALL LOVE CONSPIRACY, JET FUEL CANT MELT STEAL ! For the following theories please put your tin foil hats.
![tinfoilhat.gif](https://steemitimages.com/DQmVyacpCN4YrKHDt4KqBRyXk6We93hxcrK9uSTrurJXJnH/tinfoilhat.gif)
For readers that don’t have one here is the link why you should have one and how to make one.
Theory number 3. Destruction of Bitcoin and rise of B2X. Overtake by the bankers.
Split occurs and majority of the hash power supports B2X. The 1x chain becomes laggy and slow, and hence experience the dump by people and groups interested in killing core. The large sums of 1x gets dumped while B2X is being equivalently bought while cheap. All big holders (hedge funds, whales, bankers buy a large sums of B2X while the price is low) and increase the total Bitcoin stake (2X), rich get richer and now have the absolutely majority of the coins hence can do various price manipulations and steer the direction of the Bitcoin. This theory is provided by the poorbrokebastard. This article about Segwit2x and its threat. And here the most highly controlled Brokerage service Coinbase says that Bitcoin Core are the biggest threat.While Coinbase itself may freeze your account at any time due to any reason they want (bitcoin you own previously was used in a gambling or any other activity they don’t like), Coinbase is happy to hand all the customer info to the government at any time and yet still, they see volunteer developers as a threat.
**
Theory number 4. BCH becomes Bitcoin as Jihan Wu will take over the world!
**
![DCZY16tUMAAw7kc.jpg](https://steemitimages.com/DQmUPVk9G2RdYD7DYu59Jcx7NDzK1SFr5NmgqtcGMve2Ycz/DCZY16tUMAAw7kc.jpg)
The lack of reply protection and deliberate attack on 1x chain by the major hashing power would lead to the loss of confidence in 1x and 2x chains. Price would plummet of 1x and 2x coins, while at the same time BCH would be pumped leading to the miners and herd of people flocking to the BCH. Jihan Wu and Roger Ver with the power of lobbying persuade business to call BCH as Bitcoin. We need very thick hat to understand this! Bitcoin cannot be destroyed, however it can be changed. Hundreds of millions have been invested in Bitcoin mining operations. Hence Bitcoin will prevail, however it may be core,B2X or BCH. As noted by the tenmillionsterrling, it is possible for the BCH to overtake Bitcoin name in the case of 1x and 2x destruction. That does not mean that people will start using BCH over the much better alternative crypto currencies. I would like to add to the tenmillionsterrling comment, in support of the BCH take over. Jihan Wu and Bitmain is the major supplier of BTC miners, they only accept BCH as a payment option, and hence have enough power and influence to blackmail the community and stir the Bitcoin future to their own benefit. Jihan Wu is very smart and he rightly deserves applause for being the best in the mining business. I don’t believe in this theory at all and don’t want to support the BCH, although BCH may increase in price significantly.
Other theories will be added later as they appear. Please share and I will add them giving you credit.
Summary. OPINION ALERT.
The most likely scenario is that split occurs. Exchanges will disable BTC deposits and Withdrawals 24 hours before the fork and will enable only when its save. Various service providers such as Bitpay (that supports major businesses as Steam) will suspend the service. Therefore BTC price should drop as people will still need to perform transactions. Consequently, the transactions will be performed using altcoins. The biggest gainer is LTC as this coin is universally accepted by every exchange and is frequently used to transfer BTC from one exchange to the other due to smaller fees and shorter block generation time. However, second contender is DASH and several businesses already accept DASH over Bitcoin (BitCart – save on your amazon vouchers), or via the use ShapeShift integration as popular amazon discount provider states that DASH is the most popular altcoin used on the site. Which coin will prevail (1x or 2x) as Bitcoin, I don’t know, but tend to think it will be B2X as currently it has the majority hash supply. Secondly, the massive split in the hash power would lead to Bitcoin core being vulnerable to the double spend attack at any point and lead to the loss of confidence, hence disappearance. However, anything is possible and it all depends on the intentions of the participating groups. Are all the miners evil and mine what is the most profitable disregarding the technology? Have the core developers ditched the vision of Satoshi and are closed to the public opinion? Does Jihan Wu seek to replace Bitcoin with BCH? Do the bankers and governments want to control the Bitcoin or perhaps even destroy it? There are plenty of arguments for and against, while answer to each question directly correlates to the quality of foil used to make the hat.
But hey– money talks. As much as I would like to see the decentralization the trend is set not by the early and crazy libertarian adopters, but by the herd of newcomers, who don’t really care about escaping the system. How can unpaid volunteers (Bitcoin core) compete with billionaires such as Jihan Wu? Masses and Bankers seek stability which is in their opinion only achieved by the regulations and control. It is possible for B2X take over the core, also possible for Bitcoin Core (1x) to prevail and B2X being listed as an altcoin. The month after the fork (in case of the split) will be turbulent, and as I expressed earlier, its probably best to stay out of bitcoin and keep fiat or alts (again OPINION so you are free not to listen at all and do whatever the hell your heart desires).
NOTE: I generally don’t like the control and centralization, monopoly. Otherwise I would stick with the fiat and would lead the life of a slave, take a mortgage, and would demand Bitcoin to be banned or at least regulated by the government. Maybe also become a communist too or at least highly aggressive socialist and a vegan. If you are looking for the more serious predictions, please read these articles 1 2.
Disclaimer. I don’t own any LTC, well I do, but cant remember the password I set 4 years ago, and 200 LTCs are locked forever. Perhaps someone knows how I could reach into my consciousness and help remember it? Also, I don’t like BCH, I don’t use it, I hate it. I did my best to make this article entertaining and informing at the same time. The tinfoil hat theories, well you need a hat to understand them.For the more comprehensive theories you should read Jimmy Song and other highly influential people.
submitted by Golden_parazyth to Bitcoincash [link] [comments]

Bitcoin Segwit 2x Fork Speculations and Tin Foil Hat Theories

https://steemit.com/bitcoin/@golden.parazyth/6tz1dz-bitcoin-segwit-2x-fork-speculations-and-tin-foil-hat-theories# Please use steemit link as images there are posted properly.
Bitcoin Segwit 2x Fork Speculations and Tin Foil Hat Theories.
This article summarises the current theories of what will happen after the Bitcoin Segwit 2x fork from the most likely and sensible outcomes to currently circulating conspiracy theories. Facts regarding the coming fork (somewhere around the 16th of November) are nicely summarized by the tenmillionsterling , therefore they are not repeated in this article as this is a summary of potential ‘What will happen to the price and bitcoin?’ OPINIONS and by no means it’s a financial advice. For the readers who don’t know what is the coming fork, please follow this link. I would like to stress out one more time that this article is a collection of opinions based on facts, feelings, bias, and pure human idiocy so please use your own critical thinking in making life decisions.
https://steemitimages.com/DQmUQs6f2j8Ee9yuEaehtFyCeGndHGVnuvjN2K89nMof7GY/4140332263_6e88268e80_z.jpg
Terminology. Current Bitcoin (core) is called 1x or core. The updated/forked (Segwit2x)is referred as 2x or B2X. Alts – alternative crypto currencies also widely known as shitcoins. Double spending Replay protection
Theory number 1. No split occurs and life goes on. Probably the best outcome (not necessarily the most likely) is to avoid the blockchain split altogether. In this scenario all miners update the protocol to Segwit2x (or abandon 2x) and Bitcoin does not split. Therefore, the second chain does not occur and Segwit2x protocol gets successfully activated. As a result, there is only one Bitcoin (2X or 1X) and every exchange calls 2x (or 1X) as a Bitcoin, there is no network disruption, no double spending. In this scenario Bitcoin price should continue its uprising trend and altcoins would continue to be suppressed. The likelihood of every miner achieving consensus is moderate. Currently 83% of miners signal for 2x and 33.2 percent signal for 1x coin (reference). It is possible for no split to occur, although I think, there is going to be a split. Theory number 2. Bitcoin splits into 2 coins (1x and 2x). Bitcoin core developers are unlikely to give in and split occurs. Peter Todd (core developer) said Segwit2x is a fraud. As a result all hell breaks loose, a disaster, since there is no replay protection and no consensus of what will be called Bitcoin. Opinion alert! In my humble opinion this is the most likely scenario. First of all, there are no consensus among exchanges and various service providers of what is going to be Bitcoin and what is going to be called B2X as each company want to call Bitcoin with their own names. Table 1 shows summary of what each coin after split is being called, taking into the consideration that B2X will have the most hash.
Table 1
Table 1 shows the decision of crypto service providers regarding the naming of split coins. Bitcoin is going to be called a chain with the majority of hash power and only 1 coin listed. In case B2X is called Bitcoin, it is not clear how the original coin is going to be named. *Opinion alert! I think they name Bitcoin with the most hash power. References: 1) https://bitcoinmagazine.com/articles/b2x-or-not-b2x-how-exchanges-will-list-segwit2x-coin/ 2) http://nob2x.org/ 3) https://cointelegraph.com/news/xapo-on-segwit2x-we-might-not-treat-btc-chain-as-real-bitcoin 4) https://blog.bitpay.com/segwit2x/ 5) Peter Todd calling Segwit2x a fraud
As the table 1 indicates, there is no consensus of what is going to be Bitcoin, the lack of replay protection specifies that spending Bitcoin you will also spend the B2X and vice versa. It will cause madness. For example, if you spend Bitcoin to pay for the game on Steam which effectively will name B2X (Bitpay) as Bitcoin, your money may be lost or transferring BTC from one exchange to the other when the same name Bitcoin is used while indicating 2 different chains! On the other hand, a lot of miners may switch back to support the 1x chain (or they may not). Opinion alert!!! What does this mean and what to do? In this scenario until the consensus is reached (and it will be reached), price of 1x and 2x plummets, while money flows back to dirty, disgusting, filthy fiat and glorious alternative crypto currencies. All major alts should experience the price boom against the Bitcoin and depending how low the Bitcoin drops, possibly against the fiat. I think DASH, LTC, ETH, NEO will be the major gainers. I deliberately left BCH out of this. Depending to the miners support, original Bitcoin will become vulnerable to the double spending attack. High difficulty and low mining profitability may lead to the remaining miners to switch to the most profitable coin (BCH or B2X), in fact potentially exposing 1x and 2x chains to double spending attacks (probably unlikely scenario). All depends on how fast the emergency protocol is released to adjust the difficulty for the Bitcoin Core (1x) chain to avoid exodus of the miners. In case of the double spending attack 1X would loose all the confidence, generally would die. However, the emergency protocol may be released quickly, difficulty adjusted really fast and enough of miners will remain mining 1X to prevent any potential attacks. The uncertainty about the support for each chain (1x or 2x), lack of consensus of what is what, logically should cause the BTC price to drop. However, this is crypto, logic does not work all the time, why else bitconnect exist?
This leads us to the conspiracy. AND WE ALL LOVE CONSPIRACY, JET FUEL CANT MELT STEAL ! For the following theories please put your tin foil hats.
![tinfoilhat.gif](https://steemitimages.com/DQmVyacpCN4YrKHDt4KqBRyXk6We93hxcrK9uSTrurJXJnH/tinfoilhat.gif)
For readers that don’t have one here is the link why you should have one and how to make one.
Theory number 3. Destruction of Bitcoin and rise of B2X. Overtake by the bankers.
Split occurs and majority of the hash power supports B2X. The 1x chain becomes laggy and slow, and hence experience the dump by people and groups interested in killing core. The large sums of 1x gets dumped while B2X is being equivalently bought while cheap. All big holders (hedge funds, whales, bankers buy a large sums of B2X while the price is low) and increase the total Bitcoin stake (2X), rich get richer and now have the absolutely majority of the coins hence can do various price manipulations and steer the direction of the Bitcoin. This theory is provided by the poorbrokebastard. This article about Segwit2x and its threat. And here the most highly controlled Brokerage service Coinbase says that Bitcoin Core are the biggest threat.While Coinbase itself may freeze your account at any time due to any reason they want (bitcoin you own previously was used in a gambling or any other activity they don’t like), Coinbase is happy to hand all the customer info to the government at any time and yet still, they see volunteer developers as a threat.
**
Theory number 4. BCH becomes Bitcoin as Jihan Wu will take over the world!
**
![DCZY16tUMAAw7kc.jpg](https://steemitimages.com/DQmUPVk9G2RdYD7DYu59Jcx7NDzK1SFr5NmgqtcGMve2Ycz/DCZY16tUMAAw7kc.jpg)
The lack of reply protection and deliberate attack on 1x chain by the major hashing power would lead to the loss of confidence in 1x and 2x chains. Price would plummet of 1x and 2x coins, while at the same time BCH would be pumped leading to the miners and herd of people flocking to the BCH. Jihan Wu and Roger Ver with the power of lobbying persuade business to call BCH as Bitcoin. We need very thick hat to understand this! Bitcoin cannot be destroyed, however it can be changed. Hundreds of millions have been invested in Bitcoin mining operations. Hence Bitcoin will prevail, however it may be core,B2X or BCH. As noted by the tenmillionsterrling, it is possible for the BCH to overtake Bitcoin name in the case of 1x and 2x destruction. That does not mean that people will start using BCH over the much better alternative crypto currencies. I would like to add to the tenmillionsterrling comment, in support of the BCH take over. Jihan Wu and Bitmain is the major supplier of BTC miners, they only accept BCH as a payment option, and hence have enough power and influence to blackmail the community and stir the Bitcoin future to their own benefit. Jihan Wu is very smart and he rightly deserves applause for being the best in the mining business. I don’t believe in this theory at all and don’t want to support the BCH, although BCH may increase in price significantly.
Other theories will be added later as they appear. Please share and I will add them giving you credit.
Summary. OPINION ALERT.
The most likely scenario is that split occurs. Exchanges will disable BTC deposits and Withdrawals 24 hours before the fork and will enable only when its save. Various service providers such as Bitpay (that supports major businesses as Steam) will suspend the service. Therefore BTC price should drop as people will still need to perform transactions. Consequently, the transactions will be performed using altcoins. The biggest gainer is LTC as this coin is universally accepted by every exchange and is frequently used to transfer BTC from one exchange to the other due to smaller fees and shorter block generation time. However, second contender is DASH and several businesses already accept DASH over Bitcoin (BitCart – save on your amazon vouchers), or via the use ShapeShift integration as popular amazon discount provider states that DASH is the most popular altcoin used on the site. Which coin will prevail (1x or 2x) as Bitcoin, I don’t know, but tend to think it will be B2X as currently it has the majority hash supply. Secondly, the massive split in the hash power would lead to Bitcoin core being vulnerable to the double spend attack at any point and lead to the loss of confidence, hence disappearance. However, anything is possible and it all depends on the intentions of the participating groups. Are all the miners evil and mine what is the most profitable disregarding the technology? Have the core developers ditched the vision of Satoshi and are closed to the public opinion? Does Jihan Wu seek to replace Bitcoin with BCH? Do the bankers and governments want to control the Bitcoin or perhaps even destroy it? There are plenty of arguments for and against, while answer to each question directly correlates to the quality of foil used to make the hat.
But hey– money talks. As much as I would like to see the decentralization the trend is set not by the early and crazy libertarian adopters, but by the herd of newcomers, who don’t really care about escaping the system. How can unpaid volunteers (Bitcoin core) compete with billionaires such as Jihan Wu? Masses and Bankers seek stability which is in their opinion only achieved by the regulations and control. It is possible for B2X take over the core, also possible for Bitcoin Core (1x) to prevail and B2X being listed as an altcoin. The month after the fork (in case of the split) will be turbulent, and as I expressed earlier, its probably best to stay out of bitcoin and keep fiat or alts (again OPINION so you are free not to listen at all and do whatever the hell your heart desires).
NOTE: I generally don’t like the control and centralization, monopoly. Otherwise I would stick with the fiat and would lead the life of a slave, take a mortgage, and would demand Bitcoin to be banned or at least regulated by the government. Maybe also become a communist too or at least highly aggressive socialist and a vegan. If you are looking for the more serious predictions, please read these articles 1 2.
Disclaimer. I don’t own any LTC, well I do, but cant remember the password I set 4 years ago, and 200 LTCs are locked forever. Perhaps someone knows how I could reach into my consciousness and help remember it? Also, I don’t like BCH, I don’t use it, I hate it. I did my best to make this article entertaining and informing at the same time. The tinfoil hat theories, well you need a hat to understand them.For the more comprehensive theories you should read Jimmy Song and other highly influential people.
If you liked this article, feel free to ejaculate some love to me: BTC: 1PAqkfqmLTUpoZym6fYvHvWGiFpnmzazjv DASH: Xgk8Zd54fTA8E5ksq7fvnbSnTDJp5zgQFP LTC: LabkB7APZB2KMhPEaCcZzbHJyLDk36cnom
submitted by Golden_parazyth to CryptoMarkets [link] [comments]

Bitcoin - Wiki bitcoin wiki How Does Bitcoin Reach $100k Getting Rich With Bitcoins! 4 REASONS why Bitcoin CRASHED!

OneCoin, Dr Ruja told the Wembley audience, was the "Bitcoin Killer". "In two years, nobody will speak about Bitcoin any more!" the shadowy parallel world where criminals and the super-rich Brian Cochran is a drug trafficker, proxy killer, gangster, and the corrupt leader of the Libertad Cartel, who appears in the Season Eleven episode "Internal Affairs". Little is known about Cochran, other than he became the director of the NSA and worked with the U.S. government for an amount of time beforehand. Secretly, he was moonlighting as the leader of the Libertad Cartel, a drug cartel Ignatova even told a crowd one evening that Onecoin was a “Bitcoin killer” and that someday it would eclipse the cryptocurrency in value. Ruja told me she knew someone very rich and The killer did not take Rich’s wallet or cell phone. Rich’s father, 68-year-old Joel Rich, said in an interview with The Washington Post that his son’s killing was “a waste.” “He wanted to make a difference,” Joel Rich said. “Politics was in his blood.” The very same thing could happen to bitcoin and the crypto economy to where the poor, middle class and even the rich can participate in hiding money from big brother’s watchful eyes.

[index] [28551] [2154] [2998] [15321] [22131] [2945] [30054] [17874] [1507] [19484]

Bitcoin - Wiki

Bitcoin is a cryptocurrency and a digital payment system invented by an unknown programmer or a group of programmers under the name Satoshi Nakamoto It was released as open source software in The s... Hello guys and gals, it's me Mutahar again! We spent over two years browsing the dank web and looking at its currency of choice... before you pump money into these dolans, be a bit careful! Thanks ... The Rich Dad Channel 412,965 views. 44:47. ... Anthony Pompliano says get ready for the bitcoin halving and price escalation to $100k - Duration: 13:28. Kitco NEWS 83,121 views. The Bitcoin 1% - How Much Do You Need To Be "Bitcoin Rich"? - Duration: 11:46. The Modern Investor 34,248 views. 11:46. How Rich People Invest Their Money - Duration: 1:21:33. Anthony Pompliano 21,039 views. 1:21:33. ... Bitcoin Price Falls on Panic over Quantum Computers, Bakkt Failure, ...

Flag Counter