Their plan is to announce a new post-POW protocol to replace BTC after it dies.
I got this info from someone named "Geo Star" in the Advanced Crypto Asset Trading group on Facebook.
Another person named Sean Ironstag, one of the founders of the group, backed her up. He wrote a long post about it. I'll excerpt it below.
"The recent occurrence of the 10 year anniversary of the Bitcoin protocol poetically marks the death of itself, as the many who serve the one will soon be greedily cashing out “Satoshi’s Million.”
“The Council” has been convening (and luxuriating) in the crystalline turquoise waters of the Mediterranean Sea for some time now, making moves to capitalize off the losses of the masses, while pushing an ideal of decentralization and goodwill—operating in the shadows of a "transparent" realm, perpetuating the greed, materialism, and corruption of the very models the blockchain was meant to make irrelevant.
This is why Satoshi is burning it all to ashes. The flooding of the market with Satoshi’s million will cause an entire crypto economic collapse, as the streets run red with the blood of Bitcoin.
The only tokens that will be safe, as Geo stated, are asset backed tokens (since they will never fall below the value of the assets backing them). All the vapor tokens, the utility tokens, the protocol tokens—prepare for the onslaught.
Why?
So a new and -better- protocol can emerge, that moves BEYOND materialistic greed and transactionality, while resetting the financial markets, and teaching the world a lesson in the process."
THANKS FOR THE BCASH SHILL NIGGER
You're welcome, but I'm pretty sure they're not referring to bcash, nigga
Intredasting.
is that a trap?
Can you link to the video?
Fucking dicks do they hate neets or something
>facebook crypto group
looks like the cryptoniggers and pajeets found their way to biz
Satoshis dead retard
>cashing out
Kek
>facebook
>assuming anything of importace is discused there
user, I wasn't born last night.
facebook/100015013749124/videos/502030240307430/
obviously
facial structure and shoulders
bet the hands are giant
I tried posting it as a regular link by Jow Forums kept filtering it as "spam"
So 0xbitcoin? Thx just traded 100k
Haha no. My totally speculative guess is bitlattice
>I got this info from someone named "Geo Star" in the Advanced Crypto Asset Trading group on Facebook.
the absolute state of Jow Forums in 2018
Some spastic on Yahoo Answers told me it will be 50k by march, so what?
This bitch is lying. Doesn't even provide proof.
Alright guys, I have been thinking about this concept for a long time, probably longer than is healthy.
Here is what I think:
Proof of Work is outdated and must die.
it leads to a situation where there is a constant never-ending arms race for hashpower accumulation.
It is a never ending situation that if left to its natural conclusion will lead to all energy and all resources being used to mine Bitcoin. This is not good.
This doesn't even take into account the idea that there might be breakthroughs in energy technology in the future that lead to almost free energy.
What would this do for POW systems that rely on energy as their backing?
It would definitely be problematic.
So POW must die.
Now onto Bitcoin BTC. It too must die, and it will, even if just through its war with BCH.
If Satoshi supports BCH and not BTC, which would make sense given what the whitepaper says,
and if Satoshi is still able to sell his 1 million coins like the video says,
then at the very least I'd predict Satoshi selling his BTC to support BCH in some way.
So at the very least BTC will die.
But what about BCH, since it runs on POW?
I already said that I think POW should die due to the fact that it is non sustainable - that it does not lead to any good potential final outcome.
So does this mean that BCH too should die?
Hmm.. this is where it gets tougher.
Let's pretend that some alternative coin were launched, right now.
Non-POW, some advanced system that was super amazing and perfect, and allowed decentralization, security, scalability, etc.
Solved the trinity.
Then what?
We'd have to wait another 10 years before there were enough coins in circulation to power the global economy.
And that just won't do with the current state of the world and its old economy that is ready to burst at any moment.
We need something that is well known NOW, that is distributed ALREADY, that is able to bear the load NOW.
Only Bitcoin can claim that it is properly positioned at the current moment.
(1/2)
But Bitcoin BTC must die due to the issues I outlined above.
So that just leaves BCH as the only possible coin that can survive and power the global economy in the future.
We can't wait another 10 years for some new coin to plant itself into people's minds and distribute itself.
BCH is perfectly positioned NOW. There are enough coins in circulation to power the global economy,
and still enough left in future emissions to attract people who want to mine with whatever system is used.
But I said that POW must die, and BCH uses POW.
So what does this mean for the future?
Is there an upgrade coming to this coin? Will the entire world and crypto economy be reset from square one?
Will we be stuck using POW and all that that means?
I think the video posted above is partially right and partially wrong.
BTC will die.
POW will die.
But BCH might just survive this fiasco.
thanks just bought 100k
just buy xrp...dood
Yeah... doesn't know who satoshi is but knows how much and when they will sell btc.
I'm watching the video now.
Pic related is the woman.
Notice her necklaces.
what about the asset backed coins she advised to buy
got a chub
inb4 CSW is a massive LARPer
thanks just liked 100k facebook pages
her twitter @GeoStar79705164
user I saw on twitter that satoshi likes us so much he's going to buy a million bitcoin so it cancels out
the real satoshi would release 2.0 without being dramatic.
the real satoshi would know that bitcoin can't be killed by a massive selloff. people would just buy it cheap and continue using and developing on the main chain.
Interesting link there to the luminous codex.
Recommended reading for all.
Here is my take on all of this:
Either Bitcoin 3.0 survives and is the phoenix
Or it is something completely new, completely different.
Something that can't be bought.
Because if you can buy it, then it is exactly what we already have now.
Next few months should be interesting.
Bitcoin 2.0 was already released.
We are waiting on 3.0
All I get from watching her video is that she suffers from mental illness. I'm not even joking, she is acting like someone in the midst of psychosis.
That's her attempt to seem other-worldy and of the divine.
Ignore that and focus on the words.
She's obviously acting.
Pick up the message.
mmm geo star hippy yes mmm ok mmmm
Right, but how can we really trust what she's saying? It strikes me as odd that someone with access to this information would release it in the context of a video on social media.
And that she is a filthy disgusting new ager
You can't trust anyone except yourself.
And not even then.
I suggest reading the luminous codex.
It will become clear that she is just a pawn.
what is it with Jow Forumsraelites falling for absolute dogshit pseud fuckery
This world is rotten.
I'm trying to dig my way out.
Somehow.
You can come, or you can stay.
It makes no difference to me.
I still doubt satoshi is dead. I honestly believe he forgot/lost his wallet
srsly all the BTC and alike fags would be better off just forking Ripple/XRP (cobalt) and calling it BTC 2.
but the satoshi btc didnt move since the release of the video..humm
NANO
I think Satoshi glows in the dark desu
I was thinknig about cashing out at new years eve since some months ago
Nah the CIA wouldn't have been as autistic
I looked into Sean Ironstag.
Interesting character.
Says he is about 'light'
But instagram is full of the same shallow bullshit as everyone else.
I must spend time.
Looking it all over.
Many red flags
Many interesting ideas.
Wrong agency.
Bitch please, only the CIA glows in the dark
holy nocoiner the delusion in this one
The CIA glows blue.
But there is an agency that glows green.
>(1/2)
oh no nooooo no no haaaaahahahahahhahahahahahahahahahhahahahahahahahahahahahhagagagagaggagagagaggahahahahahahahghagagagaggagagagagalalalalalallakalalalamallalalalalalallllololololololoooolooooooolooooolelelelelelelelelellelelelelelellelelelelelleemmemememeememememmemmememememmoooomooooomooooororororororororoooroooroorooorooroooroooroooowoofwooofoowoooooooooooooofhahahahahhahaha
>muh hashpower arms race and unbridled capitalism are bad
That is the whole point of bitcoin, faggot hippies.
>that moves BEYOND
I see what you did there, and I agree, since he announced it himself.
The Codex is the future.
Even if these guys are bullshitters, their ideas are where things are headed.
I've done what I can for this thread.
See you guys in the next one.
The real Satoshi doesn't care about price.
The next Bitcoin will be more anonymous with smart contract and fully scalable with PoW.
Stop following these fucking false prophets, stop following facebook groups, mainstream news, twitter predictors, pump n dump groups, they are all the same: the scum that tries to eat off your ignorance.
Learn maths, learn game theory, learn programming. Study economical history and cycles. Find communities and outlets that give you news before it reaches msm and is used to dump on you. Listen to the greatest investors, study what they did to become rich. Discuss with likeminded people. Anything, but follow these fucking snakes.
The rumor is true the dump is coming
What coin will you buy with your gains satoshi
F r e e m a s o n pendant for the uninformed. One of their symbols. Idk the others.
>anyone can join
>anyone can buy a necklace
Fuck you retards are stupid
t. mason
>doesn't care about price
false, and stupid.
Value is everything.
>The next Bitcoin
yes, Bitcoin 3.0
Either it is forked off the current Bitcoin 2.0
Or launched as a new coin.
I lean towards the former.
The latter seems like a temporal regression.
>But what about BCH, since it runs on POW?
You never outlined why BCH shouldn't die even though it uses PoW. You said multiple times PoW is NOT an option, period. That means BCH automatically disqualifies no matter how you much you obfuscate your answer with vague rhetoric questions.
>Sean Ironstag
he's obviously trolling, how can't you see that his argument is complete nonsense.
Very true.
In my second post I said this (quoted almost exactly):
>But I said that POW must die, and BCH uses POW.
>So what does this mean for the future (of BCH)?
>Is there an upgrade coming to this coin (BCH)?
The only way I see BCH surviving is if it is SIGNIFICANTLY upgraded, and soon.
It needs to be completely transformed.
if he has 980,000 btc, doesn't he have 980,000 btrash as well?
Here is what might happen:
POW is kept in place long enough for the hashwars to play out
For those in control of the market to kill off EVERY SINGLE COIN
Except the one they back, or two, or three.
Not many.
Then once the market is fully controlled,
And the 'selected' coins are secured.
They will completely upgrade everything.
Wipe the slate with the new tech.
And grandfather the 'selected' coins in.
This is how I see things going.
It is a brave new world.
Someone should make a gif of her jumping in front of the camera, kek.
Makes sense, but there's one thing you're not taking into account: the fact that you are a niggerfaggot with trisomy 21. Kill yourself.
this is all smoke and mirrors + 4d chess and psyop to make people put money where ((they))) want
when stocks and economy will start to collapse they want people to spend rest of their cash in fear and emotions to something they can't understand
it will be harsh ride guys
next 3-6 months will make previous two years look like a joke
Stop being such a bagholder, let it go, unless you are willing to hold for at least 2 years.
2017 was the year of the bullrun, not 2018, 2019 or 2020.
Twenty fucking seventeen
You guys are real morons if you believe this garbage. Even if a million btc were dumped, the price wouldn't go below the price of bcash. Pow is here to stay and is the fairest method of confirming transactions.
Nah. There is a artificial intelligence that is built into Bitcoin which causes it to go up in value. We'll see 100k next year. See u all there.
Also anyone that says "to be honest" is normally lying. Beware of this shill. She is pushing an agenda.
There is so much institutional money now in btc that it cannot fail. If they thought he would dump they would torture and kill him for the keys. If he did manage to dump, the controlled media would announce the firesale and the price would rocket back up in two days.
What is this retarded LARP shit? How many zoomers have fell for this cringe shit so far?
I bet this bitch thinks putting a crystal up my ass is foreplay.
It's just a ploy to get more followers on social media.
>has 1 million bitcoin
>sells the bottom
satoshi must frequent Jow Forums
I heard Sean Ironstag put his antlers up her during a particularly tantric incense session.
So why do you think that BCH can be transformed but BTC can't?
The people in control of BTC (Core) have spent the last 4 years fighting any changes.
That's the whole reason BCH exists in the first place.
bch only exists because Craig and Co want control themselves
it has nothing to do with "taking back satoshis vision" or whatever puke is being pushed
Proof of work is genius and people who say it is a waste of energy haven’t thought it through. It’s called Social scalability.
If something is easy to change it’s a bad store of value. And something has to be a good store of value before it can become a medium of exchange and then a unit of account. Study evolution of money.
Buy chainlink and hedge with monero.
about as real as the time travellor from 2013 u fucking faggot
This. Link, Monero and REQ. The Patrician's folio.
Bitcoin is a fucking mess. Decentralising didn't work. Leaving things to the community didn't work.
With that ugly face, her mission should be to kill herself, not bitcoin.
>post-POW
You mean POS?
fuck off normie.
the only smart person in this thread.
PoW is valuable and anyone who disagrees needs to go take economics 101.
The historical basis of money is controversial.
Centralised currency is an apparatus of the state and its military.
>burning man sparkle pony
Nice LARP OP
saged for fake and gay
>Advanced Crypto Asset Trading group on Facebook
>Facebook
Stopped reading there.
>on Facebook.
bump this shit