An investigation of MMM Ponzi scheme on Bitcoin Request PDF

Back to levels before the planned Segwit2x hard fork and when bcash started becoming an annoying nuisance

I remember those days in the fall of 2017 when fees and transaction times were proclaimed as the long term negatives of bitcoin and that Segwit2x and bcash would the the new kings of the realm. Segwit2x failed... and bcash is, well, bcash. And I remember the day this happened and we cracked 8000 for a few minutes and then bitcoin started going down... to 4800 I believe. And then it went on to new highs DESPITE the growing fees and lagging confirmation times.
Wasn’t like everyday we saw someone post how their transaction had been taking days, weeks, a month even, to get confirmed? Did we forget those? Where are they now?
The current state of things would have pushed the price to 30k IF they had been a reality in the fall: increased segwit usage, lightning network going online, regulators taking a wait and see approach. Those are real things.
The factors causing it to go down haven’t been real. Classic FUD. S Korean crackdown... mmm not so much. China banning miners. Mmmmm network is still working fine. Bcash taking mining share.... lol yeah ok. Ripple becoming the latest fad.... rrrrrriiighhtttt. And a few greying senators who are in the pockets of fiat money institutions who don’t understand decentralized networks.
The ICO scams are a real thing and perhaps this price decline will weed them out. But the long term picture remains sound.
We WILL overtake visa. If we weren’t a threat, their CFO shouldn’t have anything to say. Him going public was the textbook equivalent of a central banker going on tv and saying “your fiat is safer with us. Don’t trust or transact that other evil stuff”.
HODL on everyone. HODL on
submitted by Ttatt1984 to Bitcoin [link] [comments]

Skull Fucked Magazine sits down with Elvis James Skullonavich to get his take on the new ATH.

As I await in Mr. Skullonavich's receiving wing, I am unsure what to expect - A middle aged captain of industry? Child prodigy? Cialis fueled madman two weeks into a month long coke bender? The receiving wing is lined with Big Game Trophies of all sorts - lions, tiger, zebras - One specimen catches my eyes in paticular. I wonder out loud - "Where the hell did that come from?" A voice behind me speaks
Skully: Brazil.
I had no idea he was standing behind me. Wearing only a deep tan and a set of Dong Suspenders, the powerfully built Elvis James Skullonavich stares uncomfortably into my right Eye Socket.
SFM: Mr Skullon...
Sk Please just Skully.
He motions back to his latest Big GameTrophy
Sk: I bagged him in Brazil, coming out of his Computer Science Class right when we hit the ATH - He had been a hell of an adversary. It took a while to realize with no-slip work boots I would never catch him - Jorge was too fast-...too cunning. Once I switched backed to the ole Chuck Taylors ...man....u/jstolfi never had a chance.
Skully then takes a moment to almost lovingly realign the over sized leather eyepatch on Jorge's freshly stuffed cadaver.
SFM: So is it true you stole your whole Skull Fucking Identity or "schtick" so to speak from the "Crypto_King"?
Sk Look there has been a lot of confusion about that, but basically yes. I saw massive potential in Crypto. I mean when your welcoming address to an entire sub is calling them "Spineless Faggots"...well you get the drift - pure aggressive genius. Identity theft is a problem on the internet...everyone knows that.
SFM: Anything you would like to say to Crypto?
Sk: Of course..."Sorry for your loss."
SFM How did you get into Bitcoin and why have you stuck with it? Especially during the down cycle?
Sk I needed Provigil for an upcoming pre-algebra test in oh around 2013. I went over to bitcoin to ask a few questions and was quickly banned. After a few weeks of trial and error I received my Provigil and an unknown "complimentary sample bag" of goodies and it was off to the races. How could you not see the beauty of Bitcoin? A majority of the worlds computing power dedicated to mining it...China unable to ban it.... but mostly easily accessible cheap drugs. I quickly realized it would capture a trillion dollar market cap by 2020.
SFM: Why spend so much time on this sub?
Sk: Well you'll have to remember this sub had a very brief time of relevance. There was a certain amount of denial coming out of the Bitcoin camp and for a glorius moment this sub had genuinely funny moments - I think Big Lam said it best "buttcoin, come for the devils advocate...stay for the reverse trolling."
SFM Why does sietemeles continue to deny the fact that you own any coins?
Sk Partially due to losing all his coins on Mt. Gox but mostly because he sucks. A lot of people don't know it but Siet and I went to primary school together and he was constantly getting the shit kicked out of him for wearing Dodge Coin t-shirts - Between those beatings and the ass whipping he took via Karpeles, its going to fuck with a kids psyche..you know kind of turn him into a a bit of a cunt.
SFM: u/JeanneDOrc and u/beer__warrior have been critical as of late due to the fact you claim to have sold half your stash, any words for them?
Sk Lets get to the brass tacks on these two goofs. JD has a combined 6 years of Reddit time and somewhere in the neighborhood of 40,000 posts. Can you imagine if he had put that much time into say...Match dotcom? He could of actually maybe gotten laid by now instead of being the angriest man on the internet. As far as beer worrier goes...who puts two fucking underscores in their screen name? A guy like that is never going to understand the beauty of a decentralized public ledger, how to talk to girls or take a piss standing up.
SKM u/robot_slave , u/happyscrappy and u/coinday had claimed earlier in the current rally that you had either sold your coins or had fallen down a flight of steps and hopefully died on impact. Any words?
Sk (laughing) If there are three particular twats on this sub that can fuck up the rhythm of a perfectly good circle jerk its those guys. I'll just say this.. guys you can tighten those chinstraps as hard as you can and do as much hot yoga and 40 yard dashes as you want...this skull fuckings coming no matter what...the first foggy night you hear the flat slap of my Chuck Taylors on the wet asphalt and the hollow thud of my dong bouncing off my chest...only then will you realize how hopelessly skull fucked you truly are.
SFM thisismynamefornow u/theirmoss and barkey_mcbuttstain Claim once the Chinese exchanges allow withdrawals a price collapse will occur - any thoughts?
Sk: (laughing) Dude McCumstainzs is so dumb his fellow shills had him convinced the glory hole in his cubicle was a breathalyzer set up by Rick at Corporate to see if he was drinking on the job, so yeah fuck that guy. As far as the other ones they just parrot whatever Jorge tells them like that MMM ponzi bullshit and well they ran with that so well bitcoin went to a grand.
SKM Any final thoughts?
Sk Yeah big shout out to all the counter shills that ran the price to the ATH- Especially biglambda this guys been trying to help you out for years so the least you can do is carry his bags to Rocket. Thanks guys and have a great week - Skully
submitted by Skullfukd to Buttcoin [link] [comments]

WTI LOOKS FOR $65

WTI LOOKS FOR $65
No surprise, inventories are way down in the negatives (-7.419M). WTI crude is about to clear $62 a barrel for the first time in three years, and seems it would expand drilling with prices between $61 to $65. An additional 31% would increase investment when prices top $66. Looking at Exxon and Chevron, XOM outperforms CVX, however the latter trades at a cheaper valuation. Presently we think that Exxon is the more favorable investment opportunity of the two companies, especially for a dividend investor.
ECONOMIES
Major Asian markets traded mostly higher with solid manufacturing data from the U.S. and China reinforcing optimism about the world economy.
Nikkei finished up to its highest levels since 1992.
Shortly after President Trump took aim at Pakistan, the nation seems ready to make an agreement with China, as the dollar would be replaced with the yuan for bilateral trade and investment.
Australia could become the fourth country in the world to legalize medicinal weed exports in order to score a piece of the estimated $55 billion global market.
CRYPTO
Besides the "cryptoruble," Venezuela is getting ready to release its own new digital currency, called the Petro, backed by 5.4B barrels of oil reserves valued at $267 billion, as well as gold and diamonds.
Concerns over Bitcoin's suitability as an investment, Bank of America has banned clients and financial advisers who trade on its behalf from buying the cryptocurrency.
SPOTIFY IPO
Spotify, valued at $19 billion has confidentially filed for an IPO with U.S. regulators and is targeting a direct listing in the first half of 2018, which would be the first major company to carry out a direct listing, an unconventional way to pursue an IPO without raising new capital.
THE BLACKBERRY BROTHERHOOD
Signing a deal to jointly develop self-driving technology with Baidu, BlackBerry shares are flying. Moreover, BB has similar agreements with Qualcomm, Denso, and Aptiv to develop autonomous technology with BB's QNX software, which are expected to start generating revenue in 2019.
WHAT A HELL IS GOING ON?
Tesla broke another production promise with its Model 3, pushing back an output target for the “new” vehicle after shipping fewer of the sedans than expected. Shame. Going after Tesla just because Elon’s likable won’t make you money.
AmEx PLANS FOR LESS
American Express expects to report a Q4 loss due to a $2.4B hit from the recent U.S. tax overhaul - which makes it cheaper for American firms to repatriate profits. As every company, APX is also looking at a longer term benefit from the tax cuts.
#DAILY PICK
Dialog (CHXEUR:DLGD) keeps to be the trade of the day; or even the month.
Apple (NASDAQ:AAPL) admits, all devices are bugged, fix is on the way. Look for the dip.
Nasdaq (INDEX:NASX) executives buying their own stocks like never before. You should do the same!
Goldman Sachs (NYSE:GS) is reporting ER next week, stronger by the day!
3M Co (NYSE:MMM) comes as the performance of the day! Unstoppable!
FX WORLD
It's Friday, it’s the first friday, so NFP is here. See how the fx pairs would perform today, and look for the datas coming out!
The EURUSD went on a bullish session yesterday, trying to break above the 1.21 level. For us it seems that traders are positioning for the break out since it broke above the W1 flag on the upside. Once it clears 1.21, buyers most probably will get aggressive and sent the pair much higher.
The GBPUSD added a bit on the green side, seems to trying to make its way to 1.365. When it clears the level and close the long term existing gap, it will go higher. 1.3333 continues to offer a floor, expect pull back to the area.
The USDJPY rallied a little yesterday, but what we have to look at is the consolidation area between 112 and 113.5. Breaking above would aim to 114.5, falling under, 111 is the next support.
Today's Markets
In Asia ASX +0.78% (6,124) HANG SHENG +0.14% (30,790) NIKKEI +0.37% (24,240) Shanghai +0.24% (3,554)
In Europe DAX +1.46% (13,168) FTSE +0.32% (7,695) BUX +0.62% (39,850) CAC +1.55% (5,413)
In US Dow +0.61% (25,065) S&P +0.4p% (2,724) Nasdaq +0.18% (2,078) Crude +0.29% ($61.95) Gold -0.09% ($1,321.76)
Today's Economic Calendar EUR Retail PMI EUR PPI m/m CAD Unemployment rate US NFP change US Unemployment rate
Check our blog for more information: https://www.gtc.news/single-post/DT18005EN

GTC #GTCnews #daily #dailynews #GTCdailythread #followus #dailypick #forexworld

submitted by GTCnews to STOCKMARKETNEWS [link] [comments]

WTI LOOKS FOR $65

WTI LOOKS FOR $65
No surprise, inventories are way down in the negatives (-7.419M). WTI crude is about to clear $62 a barrel for the first time in three years, and seems it would expand drilling with prices between $61 to $65. An additional 31% would increase investment when prices top $66. Looking at Exxon and Chevron, XOM outperforms CVX, however the latter trades at a cheaper valuation. Presently we think that Exxon is the more favorable investment opportunity of the two companies, especially for a dividend investor.
ECONOMIES
Major Asian markets traded mostly higher with solid manufacturing data from the U.S. and China reinforcing optimism about the world economy.
Nikkei finished up to its highest levels since 1992.
Shortly after President Trump took aim at Pakistan, the nation seems ready to make an agreement with China, as the dollar would be replaced with the yuan for bilateral trade and investment.
Australia could become the fourth country in the world to legalize medicinal weed exports in order to score a piece of the estimated $55 billion global market.
CRYPTO
Besides the "cryptoruble," Venezuela is getting ready to release its own new digital currency, called the Petro, backed by 5.4B barrels of oil reserves valued at $267 billion, as well as gold and diamonds.
Concerns over Bitcoin's suitability as an investment, Bank of America has banned clients and financial advisers who trade on its behalf from buying the cryptocurrency.
SPOTIFY IPO
Spotify, valued at $19 billion has confidentially filed for an IPO with U.S. regulators and is targeting a direct listing in the first half of 2018, which would be the first major company to carry out a direct listing, an unconventional way to pursue an IPO without raising new capital.
THE BLACKBERRY BROTHERHOOD
Signing a deal to jointly develop self-driving technology with Baidu, BlackBerry shares are flying. Moreover, BB has similar agreements with Qualcomm, Denso, and Aptiv to develop autonomous technology with BB's QNX software, which are expected to start generating revenue in 2019.
WHAT A HELL IS GOING ON?
Tesla broke another production promise with its Model 3, pushing back an output target for the “new” vehicle after shipping fewer of the sedans than expected. Shame. Going after Tesla just because Elon’s likable won’t make you money.
AmEx PLANS FOR LESS
American Express expects to report a Q4 loss due to a $2.4B hit from the recent U.S. tax overhaul - which makes it cheaper for American firms to repatriate profits. As every company, APX is also looking at a longer term benefit from the tax cuts.
#DAILY PICK
Dialog (CHXEUR:DLGD) keeps to be the trade of the day; or even the month.
Apple (NASDAQ:AAPL) admits, all devices are bugged, fix is on the way. Look for the dip.
Nasdaq (INDEX:NASX) executives buying their own stocks like never before. You should do the same!
Goldman Sachs (NYSE:GS) is reporting ER next week, stronger by the day!
3M Co (NYSE:MMM) comes as the performance of the day! Unstoppable!
FX WORLD
It's Friday, it’s the first friday, so NFP is here. See how the fx pairs would perform today, and look for the datas coming out!
The EURUSD went on a bullish session yesterday, trying to break above the 1.21 level. For us it seems that traders are positioning for the break out since it broke above the W1 flag on the upside. Once it clears 1.21, buyers most probably will get aggressive and sent the pair much higher.
The GBPUSD added a bit on the green side, seems to trying to make its way to 1.365. When it clears the level and close the long term existing gap, it will go higher. 1.3333 continues to offer a floor, expect pull back to the area.
The USDJPY rallied a little yesterday, but what we have to look at is the consolidation area between 112 and 113.5. Breaking above would aim to 114.5, falling under, 111 is the next support.
Today's Markets
In Asia ASX +0.78% (6,124) HANG SHENG +0.14% (30,790) NIKKEI +0.37% (24,240) Shanghai +0.24% (3,554)
In Europe DAX +1.46% (13,168) FTSE +0.32% (7,695) BUX +0.62% (39,850) CAC +1.55% (5,413)
In US Dow +0.61% (25,065) S&P +0.4p% (2,724) Nasdaq +0.18% (2,078) Crude +0.29% ($61.95) Gold -0.09% ($1,321.76)
Today's Economic Calendar EUR Retail PMI EUR PPI m/m CAD Unemployment rate US NFP change US Unemployment rate
Check our blog for more information: https://www.gtc.news/single-post/DT18005EN

GTC #GTCnews #daily #dailynews #GTCdailythread #followus #dailypick #forexworld

submitted by GTCnews to u/GTCnews [link] [comments]

China Bans Bitcoin... Again... China BTCChina Exchange Bans Trading Of BitCoin & How To ... China’s Crypto Ban  Facts You Need to Know - YouTube Why Does China Hate Bitcoin (BTC) Make Money in The MMM Global

In this paper, we focus on Ponzi schemes that operate on Bitcoin and perform an in-depth analysis of MMM, one of the oldest and most popular Ponzi schemes. Based on 423K transactions involving 16K ... Bitcoin has been surrounded by controversies ever since its launch in 2009. Not only, it has been a victim of critique, regulation dispute and hackers’ attacks, but now it was also hit by a China ban. While the cryptocurrency embargo does not affect Bitcoin on its own, it has indeed brought another turmoil over digital currency. China wants to ban bitcoin mining. Read full article . April 9, 2019, 4:52 AM. Small toy figurines are seen on representations of the Bitcoin virtual currency displayed in front of an image of ... mmm indonesia 6 mmm nusantara 4 mmm china 2 mmm india 2 mmm indonesia 2 mmm philippines 2 mmm russia 2 the pages to extract Bitcoin addresses and their tag information, namely their short labels, URLs, and whether a tag is verified. We ended up with 30,009 tagged Bitcoin addresses, out of which 29,643 addresses (98.78%) had verified tags. It seems unlikely that is true, with bitcoin’s marketcap currently sitting at over $6 billion, it would take a lot of investment to move the price as significantly as it did. Since at least December 25th, withdraws from MMM Global have halted. As of today, users still cannot access their funds. Nevertheless, MMM Global was successful for a while, as far as pyramid schemes go. The global ...

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China Bans Bitcoin... Again...

"Bitcoin Mining is Banned in China" - this was the headline that ran on Western media. This is far from the truth! Mining is well and alive in china, and various ASICS (Bitmain Antminer s9, L3 ... For MMM Global everything is done in bitcoin . Bitcoin is a type of digital currency. Now everywhere in this world starting to accept the bitcoin dell, microsoft already started and apple also ... Chinese law has never forbidden owning and transferring bitcoin. In this video, let's talk about crypto regulation in China. Can Chinese own and trade crypto... Facts You Need to Know about Bitcoin Ban in China - Duration: 1:52. CCTV Video News Agency 1,763 views. 1:52. We looked inside a secret Chinese bitcoin mine - Duration: 3:42. ... Visit LEDN to check out getting a bitcoin-backed loan! https://platform.ledn.io/join/0a00cca3dd61dea5909c95cd41f41685 Check out my website: http://btcsession...

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