Bitcoin Forum

Satoshi embedded this in BTC code.  “Chancellor on brink of second bailout for banks”.

Satoshi was no fan of banks. And now we have Goldman Sachs coming to BTC's rescue via the futures.

This is for the CME only,

"In summary, here we have a new Bitcoin futures contract, a derivative on the global phenomenon that is Bitcoin, whose settlement price is based on a reference rate calculated in London by an unknown company whose sole director is from Goldman Sachs."

Goldman gonna be making any settlement price they want.

http://www.zerohedge.com/news/2017-12-09/new-cme-bitcoin-futures-and-goldman-sachs-connection

This is quite contradictory, because nakamoto projected bitcoin as a revolutionary trade system operated peer to peer without a third part to regulate and tax the transactions. But what we see today are exchanges that soon or later Will be heavely regulated and Banks willing to profit from something designed to exclude them... what a turnaround in history!

Well I dont like the fact that the futures got introduced, this will mean that the institutions will no longer buy bitocin but some stupid contracts on cme which i dont like at all and it will be a huge dissapoitment,

Wow, why there are so many newbie accounts creating fear over the price?


Maybe this is a complot of Roger Ver and all the bcash lovers in order to bring down the price of bitcoin one more time.
It is very strange, on the main page of Bitcoin Discussion, ten of twenty threads are just talking about fear over the futures.
I really want it to be tomorrow, i will close the asses of all you who are talking about futures and that bitcoin will be killed.

There is never going to be a war against btc.

Yeah, Roger Ver is clearly against Bitcoin sabotaging all the way in favor of Bitcoin Gold. He is insisting in a complo with some miners to create this instability and fears among people. 

Well he said no one could regulate Bitcoin (of course without controlling the network with the miners) but that doesn't mean that people can't regulate the purchasing of Bitcoin with fiat, so it's not like Bitcoin is REALLY being regulated with these new laws and such. It's the means of using your fiat currency to buy Bitcoin, which is being regulated. Evidently, this does make buying Bitcoin and getting more people, involved with Bitcoin much harder. As a lot of people aren't going to want to join into a project that the government isn't HAPPY with and is actively trying to hurt through regulation.

Bank war is inevitable, we're fighting them and they WILL fight back.

Somehow today banks and bitcoin has a good relationship but I think sooner or later in future they will collide and sparks a fire between them.
Many commercial banks in the whole country or the world sees the great potential of bitcoin which can be threat from their success.

Many are uncomfortable with the introduction of futures. This is because Bitcoin was designed not to have any ties with banks or have a central regulation system.

In the future we will use decentralized exchanges, if you use fiat then you need to follow the rules of fiat and their creators, governments and banks, but if you use crypto you do not have to follow their rules, so whenever you can use only crypto and pay with it when you can.

This is a propaganda to destroy public confidence in Bitcoin. Bitcoin was created against the dominance of corrupt banks, and the work system of Bitcoin and Bank is different. how can Bitcoin and Bank work together?

Why would there be any war, While losing field (the bank), is a question that in any market there is competition, should only raise their options and improve

 Banks that are presently clamouring for the ban of Bitcoin have suddenly fallen
 in love with it and doesnt really have any option than to adopt it fully in their
 operation. Bitcoin is the only miracle that banks need to meet up with their
 financial obligation to their customers.

I agree! The higher BTC price, the more attacked it will be. Banks will never accept BTC. This is competition.

Banks will never gonna make negative impact into Bitcoin. It might be the other way round. Which means, buying, selling and trading bitcoins will be much more easier in a regulated way.

Moreover, banks might have other intentions by entering into Bitcoin and that is, by studying the blockchain technology and building their own blockchain based crytocurrency. Just like what ripple did.

no way how may u say that . i dont think that There is never going to be a war against btc.

I think that despite the war between banks and bitcoins, banks can not beat bitcoin, because banks can not do much, even though banks will raise interest rates for savings to attract people, even the bank itself will go bankrupt, because the bank will not be able to beat the bitcoin in terms of investment. i think bank should be cooperate with bitcoin, and utilize bitcoin, that's will be better

Banks don't care bitcoin, they care about their own system, and the development of an own blockchain system to cut the costs. Bitcoin is not yet the real competitor to them, but it can be in a few years time. As soon as the Lightning Network goes live (I don't mind if it lasts longer, there should be enough tests on the mainnet, or a bit more tests, because here we talk about huge amount of money), it will start to change the way people transfer money (there will be no need to use banks but the p2p solution with bitcoin will be easier and quicker). Of course, at first, the companies won't change, just the people, but that will have a huge impact on banks. That time they will realize the real potential in bitcoin.

I highly doubt that it may be paid posts by the team against bitcoin.They just want to spread FUD against bitcoin.One interesting thing to note is that most of such posts against bitcoin are from newbie accounts.All they want is just to give a negative publicity to bitcoin.

Even now,recently we could see the altcoin ripple increasing in its market cap highly which is supported by almost most of the banks all around the world.

But still bitcoin continues to survive despite having a poor core team.

They are trying to pull the same trick they pulled on gold, they are trying to make the price of bitcoin to go lower, but there is a key difference between gold and bitcoin, bitcoin is an online currency so selling it and buying it is a lot easier than gold and so their plan is going to fail.

Its not yet possibility for that because without bank we cannot earn money for bitcoin. Because we are using bitcoin to exchange it into a cash and buy some other things. After 10yrs maybe were using now btc for all currency but we still have also the cash.

the war has already started with the XRP

In ten years from now the size of Bitcoin ledger would be dozens of terabytes, some miners would also keep spamming the network with thousands of transactions and would constantly spend some coins over and over to keep the fees high, Bitcoin is not going to be a currency of every day lives and purchases. imagine 300K full nodes each of them with 50 terabytes of data, normal people already can't afford a full node now, in 10 years only miners will run full nodes.
OP, I'm ready for the big crash of alts, big investors are pumping alts to get more cash when they would dump them for Bitcoin, even if my activity tokens were listed on 2 exchanges, they would've pumped them as well to dump for Bitcoin.

Well banks are old wolfes of the market and they would find a way to implement btc or similar tech into their system which can make later in future btc to swift hands.

I think the possibility of this happening is high because Bitcoin doesn't rely on banks during their transactions plus they are independent with the market prices.

Hold on a second !

Satoshi knew from day one that Bitcoin would not scale and the mining using CPU-Wars and Pow
would only lead to keeping Intel and AMD in profit by selling hardware to be wasted plus a waste
of energy to keep big oil happy

Fast forwards nine years and the bankers themselves want some exposure and Lightning Network
uses these things that they call hubs that hold a private balance sheet and charges fees, in other
words banks.



The same names keep always popping up and they all have something in common so we
sure that Satoshi is not a double agent because he is no hero in my book

the war is started many government makes plan to regulate bitcoin.
they will try to make bitcoin so weak after than make it under control