Great post, man! We need more posts like this to educate and calm down newbies that are panic selling because of the lack of experience... These types of manipulation happened before, and ARE happening all the time, but sometimes they are pushed more in MSM (like these days), and all working for the same goal... To take your crypto from your hands to their...
Thanks for sharing!
I have picked this post on behalf of the @OurPick project and it will be highlighted in the next post!
Hit the nail on the head with that analysis. As always, I hope this helps turn some minds, to help some pockets, to better our world. Its up to us - Much love.
To be clear, the FBI story was a crock of shit, and had nothing to do with BTC even. The scammers were using tech the FBI had a back-door into, so even if they had used Monero or another privacy coin - the same results would have happened. It is impossible, with current tech, to even come close to hacking a bitcoin wallet.
This video does a great job of breaking down these accumulation-distribution patterns, the history of them, and so on. Definitely worth a watch!
Thank you so much for clearing up the confusion I have been experiencing about how anyone could have "hacked" a wallet, like it's somehow the blockchain's fault, or how the FBI got their master keys? I was really really confused about those particular details, but now it makes perfect sense. So not really advertising for Monero then (::edit::).
With this info in mind, it sounds more like this particular situation was more likely an orchestrated false flag, which was my original thought when I heard the "news".
What a coincidence that I've come upon your post and listened to a podcast of some friends today where they also mentioned to "not trust the millionaires". Of course we could learn a lot from them, but we should not take their word for it; always DYOR.
Great post, man! We need more posts like this to educate and calm down newbies that are panic selling because of the lack of experience... These types of manipulation happened before, and ARE happening all the time, but sometimes they are pushed more in MSM (like these days), and all working for the same goal... To take your crypto from your hands to their...
Thanks for sharing!
I have picked this post on behalf of the @OurPick project and it will be highlighted in the next post!
Posted Using LeoFinance Beta
Hit the nail on the head with that analysis. As always, I hope this helps turn some minds, to help some pockets, to better our world. Its up to us - Much love.
Great stuff brother!
To be clear, the FBI story was a crock of shit, and had nothing to do with BTC even. The scammers were using tech the FBI had a back-door into, so even if they had used Monero or another privacy coin - the same results would have happened. It is impossible, with current tech, to even come close to hacking a bitcoin wallet.
This video does a great job of breaking down these accumulation-distribution patterns, the history of them, and so on. Definitely worth a watch!
Thank you so much for clearing up the confusion I have been experiencing about how anyone could have "hacked" a wallet, like it's somehow the blockchain's fault, or how the FBI got their master keys? I was really really confused about those particular details, but now it makes perfect sense. So not really advertising for Monero then (::edit::).
With this info in mind, it sounds more like this particular situation was more likely an orchestrated false flag, which was my original thought when I heard the "news".
What a coincidence that I've come upon your post and listened to a podcast of some friends today where they also mentioned to "not trust the millionaires". Of course we could learn a lot from them, but we should not take their word for it; always DYOR.
Posted Using LeoFinance Beta