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Bitcoin 11 Years - Achievements, Lies, and Bullshit Claims So Far - Tooootally NOT a SCAM !!!!

That's right folks, it's that time again for the annual review of how Bitcoin is going: all of those claims, predictions, promises .... how many have turned out to be true, and how many are completely bogus ???
Please post / link this on Bitcoin (I am banned there for speaking the truth, so I cannot do it) ... because it'a way past time those poor clueless mushrooms were exposed to the truth.
Anyway, without further ado, I give you the Bitcoin's Achievements, Lies, and Bullshit Claims So Far ...
Bitcoin Achievements so far:
  1. It has spawned a cesspool of scams (2000+ shit coin scams, plus 100's of other scams, frauds, cons).
  2. Many 1,000's of hacks, thefts, losses.
  3. Illegal Use Cases: illegal drugs, illegal weapons, tax fraud, money laundering, sex trafficking, child pornography, hit men / murder-for-hire, ransomware, blackmail, extortion, and various other kinds of fraud and illicit activity.
  4. Legal Use Cases: Steam Games, Reddit, Expedia, Stripe, Starbucks, 1000's of merchants, cryptocurrency conferences, Ummm ????? The few merchants who "accept Bitcoin" immediately convert it into FIAT after the sale, or require you to sell your coins to BitPay or Coinbase for real money, and will then take that money. Some of the few who actually accept bitcoin haven't seen a customer who needed to pay with bitcoin for the last six months, and their cashiers no longer know how to handle that.
  5. Contributing significantly to Global Warming.
  6. Wastes vasts amounts of electricity on useless, do nothing work.
  7. Exponentially raises electricity prices when big miners move into regions where electricity was cheap.
  8. It’s the first "currency" that is not self-sustainable. It operates at a net loss, and requires continuous outside capital to replace the capital removed by miners to pay their costs. It’s literally a "black hole currency."
  9. It created a new way for people living too far from Vegas to gamble all their life savings away.
  10. Spawned "blockchain technology", a powerful technique that lets incompetent programmers who know almost nothing about databases, finance, programming, or blockchain scam millions out of gullible VC investors, banks, and governments.
  11. Increased China's foreign trade balance by a couple billion dollars per year.
  12. Helped the FBI and other law enforcement agents easily track down hundreds of drug traffickers and drug users.
  13. Wasted thousands if not millions of man-hours of government employees and legislators, in mostly fruitless attempts to understand, legitimize, and regulate the "phenomenon", and to investigate and prosecute its scams.
  14. Rekindled the hopes of anarcho-capitalists and libertarians for a global economic collapse, that would finally bring forth their Mad Max "utopia".
  15. Added another character to Unicode (no, no, not the "poo" 💩 character ... that was my first guess as well 🤣)
  16. Provides an easy way for malware and ransomware criminals to ply their trade and extort hospitals, schools, local councils, businesses, utilities, as well as the general population.
Correct Predictions:
  1. 2015-12: "1,000 dollar in 2015", u/Luka_Magnotta, aka time traveler from the future, 31-Aug-2013, (Technically, this prediction is WRONG because the highest price reached in 2015 was $495.56 according to CMC. Yes, Bitcoin reached $1,000 in 2013 and 2014, but that's NOT what the prediction says).
  2. 2017-12: "10,000 in 2017", u/Luka_Magnotta, aka time traveler from the future, 31-Aug-2013,
  3. 2018-04: $10,000 (by April 2018), Mike Novogratz, link #1:, link #2:
  4. 2018-12: $10,000 (by 2018), Tim Draper, link #1:, link #2:
  5. Any others ? (Please tell me).
Bitcoin Promises / Claims / Price Predictions that turned out to be lies and bullshit:
  7. SAFE
  10. NOT A SCAM
  15. Be your own bank
  16. Regulation-proof
  19. Instantaneous transactions
  20. Fast transactions
  21. Zero / No transaction fees
  22. Low transaction fees
  23. A store of value
  24. A deflationary digital asset
  25. "A deflationary digital asset that no single human being can destroy."
  26. "an asset that is equally as dual use as a car, water, or any other traditional element that has existed."
  27. "Digital gold"
  28. Easy to use
  29. Cannot be stolen
  30. Cannot be hacked
  31. Can be mined by anyone
  32. Can be mined by anyone, even with an old computer or laptop
  33. Cannot be centralized
  34. Will return power back to the people.
  35. Not a Ponzi scam
  36. Not a Pyramid scam
  37. Never pay tax again
  38. Your gains cannot be taxed
  39. A currency
  40. An amazing new class of asset
  41. An asset
  42. A means to economic freedom
  43. A store of value
  44. The best investment the word has ever seen
  45. A great investment
  46. Efficient
  47. Scalable
  48. Stable
  49. Resilient
  50. Reliable
  51. Low energy
  52. Low risk
  53. Redistribute wealth to everybody
  54. No more have's and have not's
  55. No more US and THEM
  56. No more disadvantaged people
  57. No more RICH and POOR
  58. No more poor people
  59. Uses amazing new technology
  60. Uses ingenious new technology
  61. Satishi Nakamoto invented ...
  62. Segwit will solve all of Bitcoin's woes
  63. Lightning Network will solve all of Bitcoin's woes
  64. Limited by scarcity
  65. Can only go up in value
  66. Price cannot crash
  67. Has intrinsic value
  68. Value will always be worth more than cost to mine
  69. Adoption by investors is increasing exponentially
  70. Adoption by investors is increasing
  71. Adoption by merchants is increasing exponentially
  72. Adoption by merchants is increasing
  73. You are secure if you keep your coins on an exchange
  74. You are secure if you keep your coins in a hardware wallet
  75. You are secure if you keep your coins in an air-gapped Linux PC
  76. Will change the world
  77. "the next phase in human evolution"
  78. "Blockchain is more encompassing than the internet"
  79. Blockchain can solve previously unsolvable problems.
  80. "The only regulation we need is the blockchain"
  81. "Bank the unbanked"
  82. "To abolish financial slavery and the state's toxic monopoly on money."
  83. "To have better tools in the fight against the state violence and taxation."
  84. "To stamp information on a blockchain forever so we can bypass state censorship, copyrights, patents(informational monopolies) etc."
  85. Will destroy / overthrow FIAT
  86. Will destroy / overthrow the world's governments
  87. Will destroy / overthrow the banking system
  88. Will destroy / overthrow the world economies
  89. Will free people from tyranny
  90. Will give people financial freedom
  91. Will bring world peace
  92. Never going below $19K again
  93. Never going below $18K again
  94. Never going below $17K again
  95. Never going below $16K again
  96. Never going below $15K again
  97. Never going below $14K again
  98. Never going below $13K again
  99. Never going below $12K again
  100. Never going below $11K again
  101. Never going below $10K again
  102. Never going below $9K again
  103. Never going below $8K again
  104. Never going below $7K again
  105. Never going below $6K again
  106. Never going below $5K again
  107. Never going below $4K again
  108. Is NOT a Scam
  109. Hashing Power secures the Bitcoin network
  110. Untraceable, private transactions
  111. Guaranteed privacy
  112. Not created out of thin air
  113. Not created out of thin air by unregulated, unbacked entities
  114. Totally NOT a scam
  115. Is not used primarily by crimonals, drug dealers, or money launderers.
  116. 100% secure
  117. 2010 will be the "Year of Crypto"
  118. 2011 will be the "Year of Crypto"
  119. 2012 will be the "Year of Crypto"
  120. 2013 will be the "Year of Crypto"
  121. 2014 will be the "Year of Crypto"
  122. 2015 will be the "Year of Crypto"
  123. 2016 will be the "Year of Crypto"
  124. 2017 will be the "Year of Crypto"
  125. 2018 will be the "Year of Crypto"
  126. 2019 will be the "Year of Crypto"
  127. 2010: MASS ADOPTION any day now"
  128. 2011: MASS ADOPTION aany day now"
  129. 2012: MASS ADOPTION aaany day now"
  130. 2013: MASS ADOPTION aaaany day now"
  131. 2014: MASS ADOPTION aaaaany day now"
  132. 2015: MASS ADOPTION aaaaaany day now"
  133. 2016: MASS ADOPTION aaaaaaany day now"
  134. 2017: MASS ADOPTION aaaaaaaany day now"
  135. 2018: MASS ADOPTION aaaaaaaaany day now"
  136. 2019: MASS ADOPTION aaaaaaaaany day now"
  137. "Financial Freedom, bro."
  138. no single entity, government or individual, can alter or reverse its transactions
  139. insurance against the tyranny of state
  140. Bitcoin has come to destroy all governments and bring about the libertarian utopia of my dreams.
  141. The major issues in Bicoin's network will be fixed. This is still early days, Bitcoin has only been around for 2+ years.
  142. The major issues in Bicoin's network will be fixed. This is still early days, Bitcoin has only been around for 5+ years.
  143. The major issues in Bicoin's network will be fixed. This is still early days, Bitcoin has only been around for 7+ years.
  144. The major issues in Bicoin's network will be fixed. This is still early days, Bitcoin has only been around for 9+ years.
  145. 1,000's of predictions of skyrocketing and/or never falling prices
  146. Escape the petty rivalries of warring powers and nation states by scattering control among the many. The Bitcoin Cash debacle proves that even the most cryptographically secure plans of mice and men often go awry. Ref:
  147. People will NEVER be able to welch out of bets or deals again. Nov-2018, Ref:
  148. "Everything will be better, faster, and cheaper.", Brock Pierce, shill video.
  149. "Everything will be more connected.", Brock Pierce, shill video.
  150. "Everything will be more trustworthy.", Brock Pierce, shill video.
  151. "Everything will be more secure.", Brock Pierce, shill video.
  152. "Everything that exists is no-longer going to exist in the way that it does today.", Brock Pierce, shill video.
  153. "Everything in this world is about to get better.", Brock Pierce, shill video.
  154. You are a slave to the bankers
  155. The bankers print money and then you pay for it
  156. Bitcoin is The Peoples Money
  157. Bitcoin will set you free
  158. Bitcoin will set you free from the slavery of the banks and the government Ref:
  159. ~~Bitcoin is "striking fear into the hearts of bankers, precisely because Bitcoin eliminates the need for banks. ~~, Mark Yusko, billionaire investor and Founder of Morgan Creek Capital,
  160. "When transactions are verified on a Blockchain, banks become obsolete.", Mark Yusko, billionaire investor and Founder of Morgan Creek Capital,
  161. SnapshillBot quotes from delusional morons:
  162. "A bitcoin miner in every device and in every hand."
  163. "All the indicators are pointing to a huge year and bigger than anything we have seen before."
  164. "Bitcoin is communism and democracy working hand in hand."
  165. "Bitcoin is freedom, and we will soon be free."
  166. "Bitcoin isn't calculated risk, you're right. It's downright and painfully obvious that it will consume global finance."
  167. "Bitcoin most disruptive technology of last 500 years"
  168. "Bitcoin: So easy, your grandma can use it!"
  169. "Creating a 4th Branch of Government - Bitcoin"
  170. "Future generations will cry laughing reading all the negativity and insanity vomited by these permabears."
  171. "Future us will thank us."
  172. "Give Bitcoin two years"
  173. "HODLING is more like being a dutiful guardian of the most powerful economic force this planet has ever seen and getting to have a say about how that force is unleashed."
  174. "Cut out the middleman"
  175. "full control of your own assets"
  176. "reduction in wealth gap"
  177. "no inflation"
  178. "cannot print money out of thin air"
  179. "Why that matters? Because blockchain not only cheaper for them, it'll be cheaper for you and everyone as well."
  180. "If you are in this to get rich in Fiat then no. But if you are in this to protect your wealth once the current monetary system collapse then you are protected and you'll be the new rich."
  181. "Theres the 1% and then theres the 99%. You want to be with the rest thats fine. Being different and brave is far more rewarding. No matter your background or education."
  182. "NO COINERS will believe anything they are fed by fake news and paid media."
  183. "I know that feeling (like people looking at you as in seeing a celebrity and then asking things they don't believe until their impressed)."
  184. "I literally walk round everyday looking at other people wondering why they even bother to live if they don't have Bitcoin in their lives."
  185. "I think bitcoin may very well be the best form of money we’ve ever seen in the history of civilization."
  186. "I think Bitcoin will do for mankind what the sun did for life on earth."
  187. "I think the constant scams and illegal activities only show the viability of bitcoin."
  188. "I think we're sitting on the verge of exponential interest in the currency."
  189. "I'm not using hyperbole when I say Satoshi found the elusive key to World Peace."
  190. "If Jesus ever comes back you know he's gonna be using Bitcoin"
  191. "If this idea was implemented with The Blockchain™, it would be completely flawless! Flawless I tell you!"
  192. "If you're the minimum wage guy type, now is a great time to skip food and go full ramadan in order to buy bitcoin instead."
  193. "In a world slipping more and more into chaos and uncertainty, Bitcoin seems to me like the last solid rock defeating all the attacks."
  194. "In this moment, I am euphoric. Not because of any filthy statist's blessing, but because I am enlightened by own intelligence."
  195. "Is Bitcoin at this point, with all the potential that opens up, the most undervalued asset ever?"
  196. "It won't be long until bitcoin is an everyday household term."
  197. "It's the USD that is volatile. Bitcoin is the real neutral currency."
  198. "Just like the early Internet!"
  199. "Just like the Trojan Horse of old, Bitcoin will reveal its full power and nature"
  200. "Ladies if your man doesnt have some bitcoin then he cant handle anything and has no danger sex appeal. He isnt edgy"
  201. "let me be the first to say if you dont have bitcoin you are a pussy and cant really purchase anything worldwide. You have no global reach"
  202. "My conclusion is that I see this a a very good thing for bitcoin and for users"
  203. "No one would do such a thing; it'd be against their self interests."
  204. "Ooh lala, good job on bashing Bitcoin. How to disrespect a great innovation."
  205. "Realistically I think Bitcoin will replace the dollar in the next 10-15 years."
  206. "Seperation of money and state -> states become obsolete -> world peace."
  207. "Some striking similarities between Bitcoin and God"
  208. "THANK YOU. Better for this child to be strangled in its crib as a true weapon for crypto-anarchists than for it to be wielded by toxic individuals who distort the technology and surrender it to government and corporate powers."
  209. "The Blockchain is more encompassing than the internet and is the next phase in human evolution. To avoid its significance is complete ignorance."
  210. "The bull run should begin any day now."
  211. "The free market doesn't permit fraud and theft."
  212. "The free market will clear away the bad actors."
  213. "The only regulation we need is the blockchain."
  214. "We are not your slaves! We are free bodies who will swallow you and puke you out in disgust. Welcome to liberty land or as that genius called it: Bitcoin."
  215. "We do not need the bankers for Satoshi is our saviour!"
  216. "We have never seen something so perfect"
  217. "We must bring freedom and crypto to the masses, to the common man who does not know how to fight for himself."
  218. "We verified that against the blockchain."
  219. "we will see a Rennaisnce over the next few decades, all thanks to Bitcoin."
  220. "Well, since 2006, there has been a infinite% increase in price, so..."
  221. "What doesn't kill cryptocurrency makes it stronger."
  222. "When Bitcoin awake in normally people (real people) ... you will have this result : No War. No Tax. No QE. No Bank."
  223. "When I see news that the price of bitcoin has tanked (and thus the market, more or less) I actually, for-real, have the gut reaction "oh that’s cool, I’ll be buying cheap this week". I never knew I could be so rational."
  224. "Where is your sense of adventure? Bitcoin is the future. Set aside your fears and leave easier at the doorstep."
  225. "Yes Bitcoin will cause the greatest redistribution of wealth this planet has ever seen. FACT from the future."
  226. "You are the true Bitcoin pioneers and with your help we have imprinted Bitcoin in the Canadian conscience."
  227. "You ever try LSD? Perhaps it would help you break free from the box of state-formed thinking you have limited yourself..."
  228. "Your phone or refrigerator might be on the blockchain one day."
  229. The banks can print money whenever they way, out of thin air, so why can't crypto do the same ???
  230. Central Banks can print money whenever they way, out of thin air, without any consequences or accounting, so why can't crypto do the same ???
  231. It's impossible to hide illegal, unsavory material on the blockchain
  232. It's impossible to hide child pornography on the blockchain
  233. Fungible
  234. All Bitccoins are the same, 100% identical, one Bitcoin cannot be distinguished from any other Bitcoin.
  235. The price of Bitcoin can only go up.
  236. "Bubbles are mathematically impossible in this new paradigm. So are corrections and all else", John McAfee, 7 Dec 2017 @ 5:09 PM,
  237. Scarcity
  238. The price of Bitcoin can only go up because of scarcity / 21 million coin limit. (Bitcoin is open source, anyone can create thir own copy, and there are more than 2,000+ Bitcoin copies / clones out there already).
  239. immune to government regulation
  240. "a world-changing technology"
  241. "a long-term store of value, like gold or silver"
  242. "To Complex to Be Audited."
  243. "Old Auditing rules do not apply to Blockchain."
  244. "Old Auditing rules do not apply to Cryptocurrency."
  245. "Why Bitcoin has Value: SCARCITY.", PlanB, Coin Shill, 22-Mar-2019,
  246. "Bitcoin is the first scarce digital object the world has ever seen, it is scarce like silver & gold, and can be sent over the internet, radio, satellite etc.", PlanB, Coin Shill, 22-Mar-2019,
  247. "Surely this digital scarcity has value.", PlanB, Coin Shill, 22-Mar-2019,
  248. Bitcoin now at $16,600.00. Those of you in the old school who believe this is a bubble simply have not understood the new mathematics of the Blockchain, or you did not cared enough to try. Bubbles are mathematically impossible in this new paradigm. So are corrections and all else", John McAfee, 7 Dec 2017 @ 5:09 PM,
  249. "May 2018 will be the last time we ever see $bitcoin under $10,000", Charlie Shrem, bitcoin advocate and convicted felon, 11:31 AM 3-May-2018,
  250. "Last dip ever.", AngeloBTC, 14 Oct 2018,
  251. "Bitcoin May Have Just Experienced its Final Shakeout Before a Big Rally", Joseph Young, coin shill, October 15, 2018 22:30 CET,
  252. Bitcoin would be a buy if the price fell under $5,000., Mohamed El-Erian, chief economic advisor at Allianz, 29-Jun-2018,
  253. 2013-11-27: ""What is a Citadel?" you might wonder. Well, by the time Bitcoin became worth 1,000 dollar [27-Nov-2013], services began to emerge for the "Bitcoin rich" to protect themselves as well as their wealth. It started with expensive safes, then began to include bodyguards, and today, "earlies" (our term for early adapters), as well as those rich whose wealth survived the "transition" live in isolated gated cities called Citadels, where most work is automated. Most such Citadels are born out of the fortification used to protect places where Bitcoin mining machines are located. The company known as ASICminer to you is known to me as a city where Mr. Friedman rules as a king.", u/Luka_Magnotta, aka time traveler from the future, 31-Aug-2013,
  254. 2018-02: Bitcoin price to hit $27,000 by February 2018, Trace Mayer, host of the Bitcoin Knowledge Podcast, and self-proclaimed entrepreneur, investor, journalist, monetary scientist and ardent defender, Link #1:, Link #2:
  255. 2018-06: "Bitcoin will surpass $15,000 in June [2018]." John McAfee, May 25, 2018,
  256. 2018-07: Bitcoin will be $28,000 by mid-2018, Ronnie Moas, Wall Street analyst and founder of Standpoint Research,
  257. 2018-12: Bitcoin to reach a price of between 40,000 and 110,000 US dollars by the end of the 2017 bull run ... sometime before 2019, Masterluc, 26-May-2017, an anonymous "legendary" Bitcoin trader, Link #1:, Link #2:
  258. 2018-12: "There is no reason why we couldn’t see Bitcoin pushing $50,000 by December [2018]", Thomas Glucksmann, head of APAC business at Gatecoin, Link #1:
  259. 2018-12: Listen up you giggling cunts... who wants some? you want some?...huh? Do ya? Here's the deal you fuckin Nerds - Butts are gonna be at 30 grand or more by next Christmas [2018] - If they aren't I will publicly administer an electronic dick sucking to every shill on this site and disappear forever - Until then, no more bans or shadow bans - Do we have a deal? If Butts are over 50 grand me and Lammy get to be mods. Deal? Your ole pal - "Skully" u/10GDeathBoner, 3-Feb-2018
  260. 2018-12: 1 bitcoin = 1 Lambo. Remind me on Christmas eve [2018] u/10GDeathBoner, 3-Feb-2018,
  261. 2018-12: Been in BTC since 2014 and experienced many "deaths" of BTC... this too shall pass... $10k end of the year. [2018] u/Exxe2502, 30-Jun-2018
  262. 2018-12: "Yale Alumni prediction - 30 Grand by Christmas [2018] - and you my friend... you will be the one eating Mcafee's dick in 2020. :) -:", u/SirNakamoto, 15-Jun-2018,
  263. 2018-12: "Impossible For Bitcoin Not to Hit $10,000 by This Year (2018)", Mike Novogratz, a former Goldman Sachs Group Inc. partner, ex-hedge fund manager of the Fortress Investment Group and a longstanding advocate of cryptocurrency, 22-Sep-2018,
  264. 2018-12: "[Bitcoin] between $13,800 and $14,800 [by end of 2018]", Fundstrat's Tom Lee, 13-Dec-2018,
  265. 2018-12: "Bitcoin is going to be $15k-$20k by the end of the year (2018)", Didi Taihuttu, 1-Nov-2018,
  266. 2018-12: 2018 bitcoin price prediction reduced to $15,000 [was $25,000], Fundstrat's Tom Lee, 16-Nov-2018,
  267. 2018-12: "I want to be clear, bitcoin is going to $25,000 by year end (2018)", Fundstrat's Tom Lee, 5-Jul-2018,
  268. 2018-12: "Bitcoin could be at $40,000 by the end of 2018, it really easily could", Mike Novogratz, a former Goldman Sachs Group Inc. partner, ex-hedge fund manager of the Fortress Investment Group and a longstanding advocate of cryptocurrency, 21-Sep-2018,
  269. 2018-12: "Bitcoin will be priced around $50,000 by the end of the year (2018)", Bitcoin bull Arthur Hayes, co-founder and CEO of BitMEX, 29-Jun-2018,
  270. 2018-12: "Bitcoin could definitely see $50,000 in 2018", Jeet Singh, cryptocurrency portfolio manager, speaking in January 2018 at the World Economic Forum in Davos,
  271. 2018-12: "Bitcoin will hit $100,000 this year (2018)", Kay Van-Petersen, an analyst at Saxo Bank, 17-Jan-2018,
  272. 2018-12: "Bitcoin price to surpass the $100,000 mark by the end of 2018", Tone Vays, 21-Sep-2017,
  273. 2018-12: "Bitcoin’s Price Will Surpass the $100,000 Mark by the End of 2018", Anonymous ("author" obviously too embarrassed to put his name to such bullshit "articles"), Oct-2018,
  274. 2018-12: "Our [2018] year-end bitcoin target is $7700.", James Stefurak, Founder at Monarch Research. See article: "Experts Forecast Bitcoin will rise by 2019", REF:
  275. 2018-12: "... we’ll see the price rally reaching its all-time of high of around $20K before the end of 2018", Khaled Khorshid, Co-Founder at Treon ICO. See article: "Experts Forecast Bitcoin will rise by 2019", REF:
  276. 2018-12: Bitcoin will end 2018 at the price point of $50,000, Ran Neuner, host of CNBC’s show Cryptotrader and the 28th most influential Blockchain insider according to Richtopia,
  277. Plus a whole host of wrong 2019 predictions (could not be included here because of post character limit issues), so please see my earlier post from 4 days ago: Ummm, remember those "Expert" Bitcoin Price Predictions for 2019 ..... ohhhhh dear .....,
But it's NOT all bad news, some claims and promises are yet to be determined:
  1. Never going below $3K again
  2. Never going below $2K again
  3. Never going below $1K again
  4. Any others ? Please let me know.
submitted by Crypto_To_The_Core to Buttcoin [link] [comments]

Bitcoin's specification (eg: Excess Blocksize (EB) & Acceptance Depth (AD), configurable via Bitcoin Unlimited) can, should & always WILL be decided by ALL the miners & users - not by a single FIAT-FUNDED, CENSORSHIP-SUPPORTED dev team (Core/Blockstream) & miner (BitFury) pushing SegWit 1.7MB blocks

The market will inevitably prefer:
This means that the market of Bitcoin users and miners will reject Core/Blockstream's SegWit (with its centrally-planned 1.7MB blocksize and dangerous "anyone-can-spend" soft-fork semantics) - and the market will prefer Bitcoin Unlimited, which supports market-based (user-configurable) blocksize based on a much simpler & safer hard fork - allowing essentially "unlimited" growth in Bitcoin adoption and price.
Seriously folks, think about it:
How many successful broad-based socio-economic disruptive technologies allow their "community debate" about the high-level system specification to be centrally controlled and censored by a bunch of low-level (C++) implementation providers (and a bunch of central bankers funding them with fiat)?
The Bitcoin community never really asked for SegWit-as-a-soft-fork. It's being forced on us.
SegWit has been the horrendous misbegotten result of years of trolling from three stubborn out-of-touch devs who happened to get millions of dollars in fiat from central bankers: u/nullc and u/adam3us and the odd u/luke-jr who they carefully keep at arm's length - and a tiny army of lesser trolls, trotting out the same-old tired totally debunked, massively downvoted arguments - all supported by central banker trolls who provided $76 million in fiat to fund this misguided mess.
Many people in the Bitcoin community have never really participated in or even seen a serious, open, and honest debate about SegWit versus Bitcoin Unlimited - because there are basically only two kinds of people in the Bitcoin community now:
Bitcoin development used to be dominated by forward-thinking, community-responsive, devs supporting simple and safe on-chain scaling like Satoshi Nakamoto (whose quotes are banned on r\bitcoin), Gavin Andresen (ceaselessly hounded and attacked by an army of trolls) and Mike Hearn (whose greatest invention may have been the forgotten Lighthouse project - which could have given us bitcoin-funded ie non-fiat-funded development).
Now Bitcoin development is dominated by Debbie Downers and Dead Enders like u/nullc and u/adam3us and u/luke-jr who have never really believed that Bitcoin can scale on-chain and succeed the way that Satoshi said it could.
They've been doing everything they can to destroy Satoshi's successful experiment - refusing to remove Bitcoin's temporary 1MB anti-spam kludge for purely political and not technical reasons, and now trying to force everyone to adopt SegWit - the final, fatal kludge.
If it wasn't for the massive censoring on r\bitcoin, then a tsunami of true cypherpunk freedom and real community consensus would wash that cesspool clean, and the fiat-funded voices of u/nullc and u/adam3us and u/luke-jr (and the tiny minority of their vocal but misguided supporters) would sink the the bottom of every thread, a forgotten footnote of history with their shitty soft kludgy centrally-planned anyone-can-spend 1.7MB 1-to-4-discount SegWit soft-fork poison pill.
If Bitcoin gets upgraded the way Satoshi said it would (via flag days and/or hard forks - also known as a simple protocol upgrade or a full node referendum), then the community would reject Core/Blockstream's shitty centralized SegWit spaghetti-code soft fork, and Core/Blockstream would be forgotten - and their investors would be furious.
The Bitcoin community isn't stupid.
Economically intelligent Bitcoin users and miners will not vote against our own economic interests.
We will not "upgrade" to dangerous, messy, dead-end technology (SegWit) which needlessly overcomplicates our codebase and needlessly suppresses Bitcoin's userbase and price - when we can just as easily updrade to something clean and simple and growth-oriented like Bitcoin Unlimited, which keeps our codebase clean and simple and safe, while providing an open-ended, market-based, long-term solution for blocksize, supporting long-term (essentially "unlimited") growth in Bitcoin's userbase and price.
Everyone (ie, everyone who gets their information on uncensored forums like btc and who isn't getting millions of dollars in fiat from central bankers) knows by now that:
It is the very softness (ie: kludginess) of SegWit which would make future upgrades to Bitcoin so much more difficult and complicated (aka "technical debt").
Worst of all: SegWit would introduce a radical, unknown, untested exotic new threat vector: a totally new type of "51% attack" where old coins would now also be at risk (due to SegWit's "anyone-can-spend" semantics - which would be totally unnecessary to use if SegWit had been done as a clean and safe hard fork, instead of a messy and dangerous soft fork).
The stubbornness (and recklessness) of insisting on doing SegWit as this kind of dangerous and messy soft fork is 100% because Blockstream is afraid to do a clean and safe "hard" fork - because a hard fork lets Bitcoin users and miners actually have an explicit "vote" - or a "full node referendum" - and Core/Blockstream knows that the result would most likely be that Bitcoin users and miners would "dump" Core/Blockstream's shitty code with its centrally-planned 1.7MB blocksize and its dangerous anyone-can-spend soft-fork hack.
So Core/Blockstream are trying to force more dangerous, less useful code on the network, using the toxic tools of fiat and censorship, purely for their own selfish "political" and "economic" reasons.
Core/Blockstream has millions of dollars in fiat now so they don't care if they continue to suppress the Bitcoin price like they have since they came on the scene in late 2014.
This trader's price & volume graph / model predicted that we should be over $10,000 USD/BTC by now. The model broke in late 2014 - when AXA-funded Blockstream was founded, and started spreading propaganda and crippleware, centrally imposing artificially tiny blocksize to suppress the volume & price.
Also see a similar graph in u/Peter__R's recent article on Medium - where the graph clearly shows the same Bitcoin price suppression - ie price uncoupling from adoption and dipping below the previous tightly correlated trend - starting right at that fateful moment when Blockstream came on the scene and told Bitcoiners that we can't have nice things anymore like on-chain scaling and increasing adoption and price: late 2014.
So, Core/Blockstream offers inferior, centrally planned, dangerous messy code - and they are responsible for not only splitting the community but also even arguably suppressing Bitcoin adoption and price - and now they're such bold arrogant fuckheads that they want to make their hegemony permanent by monopolizing Bitcoin governance forever in the future by sneaking in their shittier and shittier code starting with the Trojan Horse of SegWit-as-a-soft-fork with its centrally-planned hard-coded parameters and radical dangerous new anti-security model making all UTXOs "anyone-can-spend" - recklessly and needlessly exposing Bitcoin to exotic, unknown attack vectors which have never existed before in its 8 years of safe and successful growth.
Core/Blockstream don't give a fuck if they hurt us Bitcoin users and miners in the process - because they don't care about you - they only care about themselves - and the central bankers who are paying them.
Bitcoin Unlimited isn't influenced by censorship or fiat.
The bottom line is:
Evaluating our "upgrade options" in those (technological and economic and "governance") terms is the right way to evaluate these things - indeed it is the only way to evaluate these things - and everybody (except a bunch of unpopular out-of-touch devs and shills sucking the dicks of central bankers) knows that SegWit's messy technology, economic and scaling dead-end, and centralized governance is totally inferior to Bitcoin Unlimited, on all three counts.
Everyone knows that:
With Bitcoin Unlimited, the community continues to be in control - of our code, our governance, and our blocksize - not a tiny handful of fiat-funded devs and miners like Core/Blockstream and BitFury and a tiny minority of their outspoken supporters (who are well-known on this forum - just look at the bottom of every thread, where they are massively downvoted - but never censored! - after spouting their tired, tedious, repeatedly debunked astroturf arguments).
The next time those people try to attack the idea of market-based blocksize, we know how to make their heads explode, just by asking them:
If the users the miners shouldn't decide the blocksize - then who the fuck should??
And if that kind of conversation were to continue, it might go like:
Who should decide the blocksize - you or me?
_"Small-blockers" Blocksize central planners are satisfied with a centrally planned one-time hard-coded bump to 1.7MB blocks via a dangerous messy convoluted "soft" fork called SegWit which actually centralizes and suppresses Bitcoin by pricing most people off of the blockchain. Fine, that's your opinion and you're free to say it and we're free to downvote it and to reject your poorly written code with its centrally-planned 1.7MB blocksize and its anyone-can-spend hack.
Meanwhile, the vast majority of Bitcoin users and miners want to be free - and we want our code to be simple and safe. We support market-based blocksize so our code and our markets can be free of some ridiculous arbitrary centrally planned hard-coded 1MB 1.7MB blocksize - and we want our code to be fred of messy, dangerous hacks and kludges lke SegWit. Instead, we support decentralized governance and market-based, non-centrally-planned, open-ended Bitcoin debate and open-ended Bitcoin economic and social growth and adoption.
The Bitcoin community can and should and therefore eventually (inevitably) will adapt the software solution which explicitly supports users and miners deciding the blocksize in a clean, safe, future-proof "hard" fork called Bitcoin Unlimited.
In the end, the market will choose the approach (SegWit or Bitcoin Unlimited) which provides the most economic incentives, using the simplest and safest technology.
Economic incentives, based on using the simplest and safest technology, are what drives Bitcoin and makes it succeed.
  • Blockstream/Core and BitFury can "afford" to ignore the will of the Bitcoin community, and can "afford" to ignore their own economic incentives - because they have millions of dollars in fiat, and they communicate on censored forums. They're fiat-funded, centralized, censored, and fragile. They're fine with making their codebase even more centralized and fragile - by adopting SegWit.
  • The rest of the Bitcoin community communicates on non-censored forums, and we want to maximize the value of our investments in Bitcoin. We're community-oriented and our code supports market-based blocksize using simple and safe and flexible and upgradeable code - so we're adopting Bitcoin Unlimited.
You are free to choose between these two options - based on your own economic incentives, and based on your understanding of the best technology roadmap:
How rich are you gonna get with SegWit, now and in the long term?
  • SegWit is dangerous and messy, fiat-funded, censorship-supported centrally-planned soft-fork spaghetti code - creating zombie nodes and requiring millions of lines of risky code changes in all wallets, exchanges and business software - and in the end only offering an arbitrary pathetic 1.7MB blocksize - and recklessly making all transactions anyone-can-spend - while increasing "dev team lock-in" and continuing to centrally suppress Bitcoin's adoption and price. ... versus:
How rich are you gonna get with Bitcoin Unlimited, now and in the long term?
  • Bitcoin Unlimited is clean & safe community-supported non-fiat-funded, non-censorship-based code, providing a long-term scaling and governance solution offering market-based blocksize, where users and miners will continue to determine the size of blocks (as they actually quite successfully and profitably have for the past 8 years), based on our understanding of current financial and technological conditions, while continuing to support unlimited growth in Bitcoin's adoption and price (as we've also seen for the past 8 years).
The market of Bitcoin users and miners (ie, you) can and should (and therefore will) decide!
submitted by ydtm to btc [link] [comments]

I think there's a bitcoin miner on my PC.

Hi Guys.
I was just trying to make some space on my PC for Fallout 4. I ran WinDirStat to determine what applications were taking up the most space on my PC, when low and behold I find about 15GB of files stored in the folder /AppData/Local/ethash.
Looking up ethash online, and the only thing that comes up is a bitcoin mining library. Further investigation revealed another folder AppData/Roaming/eth that seems to contain libraries and executables for the miner.
Now, I've run both malwarebytes and Avira scans on my PC but both report no issues. I'm just wondering what to do next.
I can delete both folders but if my PC is infected they will probably just get reinstalled. My larger worry is that neither of my antivirus/malware solutions detected the issue. I cannot even identify the trojan to search for a specific virus removal tool. Has anyone any advice?
Thanks in advance for any response...
Edit - OK, finally got it using Kaspersky Virus Removal Tool. I am however quite suprised that both Avira and Malwarebytes missed it. Might be time to reconsider the security software I use.
Thanks for your help...
submitted by DecentCriminal to techsupport [link] [comments]

Constant Malware problems recently despite (what I thought was) solid defense measures. Also, suggestions for security suites.

Firstly, I should point out that I am by no means any sort of computer expert so even though I think I am practicing some pretty safe internet usage there is the possibility I am very wrong.
Over the last month or so, I have been having a lot of problems with malware. At first, my laptop's fan starting running at top speed and it sounded like it would take off like a helicopter. I found that there was a bitcoin miner in my system. Removed that and now Malwarebytes keeps finding a trojan in the Firefox.exe which is sucking up all the cpu usage. I remove the problem then in a day or two it comes back again. Needless to say, my internet and laptop in general is running extremely slowly and is crashing a lot. I have no idea how or why.
Let me explain my current practices to keep my laptop safe:
On top of these programs I RARELY use P2P programs, I don't open attachments from people I don't know (I rarely open them even when I do know them) and I don't use porn websites (I know it's hard to believe but am lucky enough to have an amazing girlfriend!).
My laptop is only 1.5 years old. I keep Windows 10 and all my programs up to date.
I really have no idea what I am doing wrong or why this problem has only just come up recently after have no problems whatsoever for over a year.
Also, am not sure if this is connected or not, but in the last couple of days, have been having some problem with my battery. It is plugged in but the system is saying it is not charging, however, the percentage isn't going down. It has been stuck on 98% for the last few hours now. Not going down, not going up.
I am starting to think that I will dish out some money and grab a proper internet security suite. So advice of which is best? Was thinking Bitdefender Total Security 2016 for anti-virus, Malwarebytes for Anti-malware. Any suggestions for the firewall?
So yeah, sorry for the very long post but I would really appreciate any advice.
submitted by Matt_Ee to techsupport [link] [comments]

How to Find and Remove a Hidden Miner Virus on Your PC 🐛🛡️🖥️ Bitcoin Miner Malware  Incredibly Stealthy! - YouTube How to Remove Trojan:Win32/CoinMiner Virus Manually ... Remove Program:Win32/CoinMiner How to Remove BitcoinMiner

Findet sich auf Ihrem Rechner der Trojaner, sollten Sie ihn entfernen. Wahrscheinlich haben Sie ihn als Teil eines Bundles mit einem anderen Tool aus dem Internet geladen. Der Virus kann Ihre Browsersuche umleiten und persönliche Daten sammeln. Trojan.BitCoinMiner is a detection name of a type of malware that belongs to the Bitcoin virus category. These types of computer infections are programmed to utilize hardware such as CPU or GPU in order to perform complex mathematical calculations, generating cryptocurrency in the process. While the practice itself is not malicious, and many users can run such operations on their systems if so ... To learn more about this malicious software removal tool, we recommend you to read and follow the guide or the video guide below. Get rid of Trojan.BitCoinMiner.BatBitRst from Internet Explorer The IE reset is great if your browser is hijacked by Trojan.BitCoinMiner.BatBitRst or you have unwanted add-ons or toolbars on your web-browser, that installed by a malware. Download Free Removal Tool Also read- How to remove ads. BE ON ALERT with RiskWare.BitCoinMiner trojan. Take utmost care when clicking anything that this parasite may bring to your PC screen. If you’re seeing a certain pop-up or commercial, you’re only seeing it because hackers want you to. In other words, crooks are attempting to trick you into clicking the web links open ... BitCoinMiner virus removal guide What is BitCoinMiner? BitCoinMiner is a generic name for various cryptocurrency-mining viruses. On first glance, the name suggests that these viruses mine only Bitcoin cryptocurrency, however, cyber criminals also attempt to mine other cryptocurrencies, such as Monero, Ethereum, etc. Research shows that most BitCoinMiners are distributed using spam emails and ...

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How to Find and Remove a Hidden Miner Virus on Your PC 🐛🛡️🖥️

👍 Watch how to remove a hidden Bitcoin mining virus from your computer. If you noticed that your computer – while you’re not using it - still behaves as if i... It is important to remove this malware from windows PC with the help of Program:Win32/CoinMiner Removal Tool and its easy to use UI. Category Science & Technology How to diagnose and remove a bitcoin miner trojan - Duration: 4:57. EZOVERDOSE 191,913 views. 4:57 . How to be anonymous on the web? Tor, Dark net, Whonix, Tails, Linux - Duration: 23:59. The ... Bitcoin Miner Malware Incredibly Stealthy! - Duration: 3:58. The PC Security Channel 71,629 views. 3:58. Como remover o webhelper (vírus incluso no utorrent e bittorrent) - Duration: 4:07 ... Bitcoin Miners can tax your CPU and use up your system resources without you even knowing. When you open task manger to investigate, the malware process stea...