Quote from: iamnotback on April 14, 2017, 06:36:08 PM

Quote from: thejaytiesto on April 14, 2017, 01:13:06 PM

How can they find out I own bitcoin?

You have no secrets from the national security agencies. I don't care how many mixers you use, you have no secrets from them. Find old discussions between @smooth and myself on that topic.

Quote from: thejaytiesto on April 14, 2017, 01:13:06 PM

Why doesn't MP dump too? he is a public figure so he will be the first to get trapped by the anti bitcoin government control operation.

He is already one of the $billionaires (will probably be $trillionaire by 2030). He is a member of their shadow elite's club named The Most Serene Republic.

Do you need the evidence. MP alerted the TMSR which controls Wikileaks and this is why Wikileaks destroyed Hillary's campaign. Do some research on the connection between Rothschild and Julian Assange. Btw, Julian was a cyberpunk (the mailing list discussions) before he launched Wikileaks of which so were other players such as Hal Finney and James A. Donald (see my quotes of him in the Dark Enlightenment thread and note he was first person to respond to Satoshi on the metzdown mailing list whet Bitcoin was announced Nov. 1, 2008).

Quote from: thejaytiesto on April 14, 2017, 01:13:06 PM

It's harder to trap the small guy that only owns a couple 5-21 BTC, it's not public, uses Tor etc.
If by 2030 I have several million dollars that I cannot enjoy because I can't even cash them out because the fee is higher than the million dollars I have im going to be pissed.

They don't need to trap you. You'll get caught in their regulations because you will get kicked off the blockchain by the exorbitant transaction fees due to the constrained block size.

Also they can create war and other problems for us that cause us to need to spend our BTC sooner than we anticipated.

Quote from: thejaytiesto on April 14, 2017, 01:13:06 PM

If by 2030 I have several million dollars that I cannot enjoy because I can't even cash them out because the fee is higher than the million dollars I have im going to be pissed.

You'll be forced to cash out of BTC before that (to some regulated financial system such as Lightning Networks, SEPA, etc) or hold your BTC a regulated exchange.

Or possibly there will be another blockchain choice such as yours truly. Wink

Ethereum is also attempting to scale the blockchain. I will make a post comparing Ethereum's technology to mine in Altcoin Discussion soon...

So let me get this straight.

Even people holding millions of dollars worth of bitcoin, will see their bitcoins trapped because transaction fees will be worth millions of dollars? What fees are we talking about by 2030? (at supposedly around $500k price)

And how do we know when we start losing money (aka when is the time to dump?)

You say now is too early because the price will go higher and the fees will still be affordable.

How does one calculate when you start losing money in relation to the amount of BTC you are holding, the price, and the fees so you know the ideal time to dump?

Is rpietila also part of that group? what will happen to him? he seemed like a cool guy.
You paint a scary picture where there is an Illuminati elite of BTC holders. I am just a hard working poor guy hustling for BTCs, made a decent portfolio (not even yet 21 BTC group) and you are saying these guys will make my wealth useless because the fee will be so high by 2030 that even if you are holding something decent like 10-20 BTC, your wealth will be stuck, so you are forced to eventually sell before the fee is higher than your wealth. This is just nuts man, what the fuck? Fucking billionaires. Fuck all of you!! I only wanted to make a couple million dollars from my hard working and hustling and long term vision to hodl BTC and retire peacefully and now I will get fucked by insane fees. Fuck this trash, fuck their group, pussies. I was excited to see BTC at 6 figures in 10 years, but I will not be part of it even if i have 10 million worth of BTC because fees will be higher than 10 million BTC? this is insane. When the fuck do I dump this garbage? im too pissed, im going to the gym.