Rumor: "Satoshi" to sell a million BTC by Jan 3, crashing the market

[Anonymous No.11670327]

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.

[Anonymous No.11670354]

"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."

[Anonymous No.11670360]

THANKS FOR THE BCASH SHILL NIGGER

[Anonymous No.11670385]

>>11670360
You're welcome, but I'm pretty sure they're not referring to bcash, nigga

[Anonymous No.11670395]

>>11670327
Intredasting.
is that a trap?

[Anonymous No.11670432]

>>11670385
Can you link to the video?

[Anonymous No.11670451]

Fucking dicks do they hate neets or something

[Anonymous No.11670459]

>facebook crypto group

looks like the cryptoniggers and pajeets found their way to biz

[Anonymous No.11670469]

>>11670327
Satoshis dead retard

>cashing out

Kek

[Anonymous No.11670486]

>>11670327
>facebook
>assuming anything of importace is discused there
Anon, I wasn't born last night.

[Anonymous No.11670506]

>>11670432
facebook/100015013749124/videos/502030240307430/

[Anonymous No.11670509]

>>11670395
obviously
facial structure and shoulders
bet the hands are giant

[Anonymous No.11670512]

>>11670432
I tried posting it as a regular link by 4chan kept filtering it as "spam"

[Anonymous No.11670520]

>>11670327
So 0xbitcoin? Thx just traded 100k

[Anonymous No.11670531]

>>11670520
Haha no. My totally speculative guess is bitlattice

[Anonymous No.11670541]

>>11670327
>I got this info from someone named "Geo Star" in the Advanced Crypto Asset Trading group on Facebook.
the absolute state of /biz/ in 2018

[Anonymous No.11670568]

Some spastic on Yahoo Answers told me it will be 50k by march, so what?

[Anonymous No.11670583]

This bitch is lying. Doesn't even provide proof.

[Anonymous No.11670766]

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)

[Anonymous No.11670795]

>>11670766
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.

[Anonymous No.11670819]

>>11670795
thanks just bought 100k

[Anonymous No.11670820]

just buy xrp...dood

[Anonymous No.11670829]

>>11670327
Yeah... doesn't know who satoshi is but knows how much and when they will sell btc.

[Anonymous No.11670830]

>>11670819
I'm watching the video now.
Pic related is the woman.
Notice her necklaces.

[Anonymous No.11670842]

what about the asset backed coins she advised to buy

[Anonymous No.11670861]

>>11670830
got a chub

[Anonymous No.11670867]

inb4 CSW is a massive LARPer

[Anonymous No.11670869]

>>11670327
thanks just liked 100k facebook pages

[Anonymous No.11670896]

her twitter @GeoStar79705164

[Anonymous No.11670916]

>>11670327
Anon I saw on twitter that satoshi likes us so much he's going to buy a million bitcoin so it cancels out

[Anonymous No.11670961]

>>11670354
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.

[Anonymous No.11670980]

>>11670896
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.
>>11670961
Bitcoin 2.0 was already released.
We are waiting on 3.0

[Anonymous No.11670990]

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.

[Anonymous No.11671025]

>>11670990
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.

[Anonymous No.11671057]

>>11670327
mmm geo star hippy yes mmm ok mmmm

[Anonymous No.11671092]

>>11671025
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.

[Anonymous No.11671113]

>>11671092
And that she is a filthy disgusting new ager

[Anonymous No.11671128]

>>11671092
>>11671113
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.

[Anonymous No.11671153]

>>11671025
what is it with /biz/raelites falling for absolute dogshit pseud fuckery

[Anonymous No.11671181]

>>11671153
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.

[Anonymous No.11671201]

I still doubt satoshi is dead. I honestly believe he forgot/lost his wallet

[Anonymous No.11671208]

srsly all the BTC and alike fags would be better off just forking Ripple/XRP (cobalt) and calling it BTC 2.

[Anonymous No.11671243]

but the satoshi btc didnt move since the release of the video..humm

[Anonymous No.11671267]

>>11670766
>>11670795

NANO

[Anonymous No.11671284]

>>11671201
I think Satoshi glows in the dark desu

[Anonymous No.11671291]

I was thinknig about cashing out at new years eve since some months ago

[Anonymous No.11671299]

>>11671284
Nah the CIA wouldn't have been as autistic

[Anonymous No.11671307]

>>11670354
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.

>>11671299
Wrong agency.

[Anonymous No.11671353]

>>11671307
Bitch please, only the CIA glows in the dark

[Anonymous No.11671355]

>>11670766
holy nocoiner the delusion in this one

[Anonymous No.11671378]

>>11671353
The CIA glows blue.
But there is an agency that glows green.

[Anonymous No.11671429]

>>11670766
>(1/2)

oh no nooooo no no haaaaahahahahahhahahahahahahahahahhahahahahahahahahahahahhagagagagaggagagagaggahahahahahahahghagagagaggagagagagalalalalalallakalalalamallalalalalalallllololololololoooolooooooolooooolelelelelelelelelellelelelelelellelelelelelleemmemememeememememmemmememememmoooomooooomooooororororororororoooroooroorooorooroooroooroooowoofwooofoowoooooooooooooofhahahahahhahaha

[Anonymous No.11671631]

[Anonymous No.11671714]

>muh hashpower arms race and unbridled capitalism are bad
That is the whole point of bitcoin, faggot hippies.

[Anonymous No.11671738]

>>11670354
>that moves BEYOND
I see what you did there, and I agree, since he announced it himself.

[Anonymous No.11671739]

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.

[Anonymous No.11671758]

>>11670980
The real Satoshi doesn't care about price.
The next Bitcoin will be more anonymous with smart contract and fully scalable with PoW.

[Anonymous No.11671790]

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.

[**>Satoshi69<** No.11671815]

>>11670327
The rumor is true the dump is coming

[Anonymous No.11671855]

>>11671815
What coin will you buy with your gains satoshi

[Anonymous No.11671867]

>>11670830
F r e e m a s o n pendant for the uninformed. One of their symbols. Idk the others.

[Anonymous No.11671881]

>>11671867
>anyone can join
>anyone can buy a necklace

Fuck you retards are stupid

t. mason

[Anonymous No.11671884]

>>11671758
>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.

[Anonymous No.11671918]

>>11670766
>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.

[Anonymous No.11671944]

>>11671918
>Sean Ironstag
he's obviously trolling, how can't you see that his argument is complete nonsense.

[Anonymous No.11671954]

>>11671918
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.

[Anonymous No.11671963]

>>11670360
if he has 980,000 btc, doesn't he have 980,000 btrash as well?

[Anonymous No.11671991]

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.

[Anonymous No.11671996]

Someone should make a gif of her jumping in front of the camera, kek.

[Anonymous No.11672013]

>>11670766
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.

[Anonymous No.11672297]

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

[Anonymous No.11672339]

>>11672297
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

[Anonymous No.11672743]

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.

[Anonymous No.11672752]

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.

[Anonymous No.11672813]

Also anyone that says "to be honest" is normally lying. Beware of this shill. She is pushing an agenda.

[Anonymous No.11672834]

>>11672743
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.

[Anonymous No.11672836]

>>11670354
What is this retarded LARP shit? How many zoomers have fell for this cringe shit so far?

[Anonymous No.11672875]

I bet this bitch thinks putting a crystal up my ass is foreplay.

[Anonymous No.11672877]

>>11672836
It's just a ploy to get more followers on social media.

[Anonymous No.11672938]

>has 1 million bitcoin
>sells the bottom
satoshi must frequent /biz/

[Anonymous No.11672967]

>>11672875
I heard Sean Ironstag put his antlers up her during a particularly tantric incense session.

[Anonymous No.11673007]

>>11671954
So why do you think that BCH can be transformed but BTC can't?

[Anonymous No.11673173]

>>11673007
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.

[Anonymous No.11673215]

>>11673173
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

[Anonymous No.11673633]

>>11670766
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.

[Anonymous No.11673644]

>>11673173
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.

[Anonymous No.11673674]

Buy chainlink and hedge with monero.

[Anonymous No.11673689]

>>11670327
about as real as the time travellor from 2013 u fucking faggot

[Anonymous No.11673731]

>>11673674
This. Link, Monero and REQ. The Patrician's folio.

[Anonymous No.11673733]

>>11673215
Bitcoin is a fucking mess. Decentralising didn't work. Leaving things to the community didn't work.

[Anonymous No.11673782]

>>11670830

With that ugly face, her mission should be to kill herself, not bitcoin.

[Anonymous No.11673809]

>>11670327
>>11670354
>post-POW
You mean POS?
fuck off normie.

>>11673633
the only smart person in this thread.
PoW is valuable and anyone who disagrees needs to go take economics 101.

[Anonymous No.11673853]

>>11673644
The historical basis of money is controversial.
Centralised currency is an apparatus of the state and its military.

[Anonymous No.11673922]

>>11670830
>burning man sparkle pony

Nice LARP OP
saged for fake and gay

[Anonymous No.11674193]

>>11670327
>Advanced Crypto Asset Trading group on Facebook
>Facebook
Stopped reading there.

[Anonymous No.11674563]

>>11670327
>on Facebook.

[Anonymous No.11674681]

bump this shit