Bitcoin Forum

is because they did not get into Bitcoin when it was in the pennies and missed the boat.

no one wants to see bitcoin 's failure unless bitcoin itself is going to fail

i mean bitcoin is dropping to the final capitulation and i am ok to watch that, i won't cover my eyes / bury my head in the sand and say it isn't happening

Or it threatens your current model of banking and control over the financial institutions over the world in one way or another.

Many banks make annual profits that are higher than bitcoin's entire market cap. I doubt they feel like they 'missed the boat'.

If banks are smart, they would ride on the inevitable evolution of money - that money, in order to have value, cannot be infinitely created out of thin air.

Many bankers have been committing suicide so who knows how they feel about Bitcoin or their jobs.  I do understand your point and can't help but imagine some over privileged banker not being very concerned and this is how I'd imagine them reacting..

http://ecx.images-amazon.com/images/I/31%2BtMAKfoWL.jpg

Oh, SNAP! That was my thought exactly when reading the OP. There are some pretty powerful people who wouldn't mind seeing BTC fail. And in these early days, it is possible that it will fail on its own. For now, the protocol is strong. Onwards and upwards!

(Okay, maybe we go down first :P)

They want to fell superior by saying it would fail anyway, and that things that they can't understand are indeed junk that will never succed.


It is more about ego than regret

This if it can outmode and compete a traditional banking system as a mechanism of exchange and payments.
Then it would be of concerns to them
That and jealous folks seems about right.

There are two type of bicoin users, the first are the ones who hold to get rich, the others are the ones who sells to buy more at a cheaper price.

we have done a great deal of research and of course as hackers we want the bitcoin to succeed, but its chances have gone by. we can no longer support a system where over 50% of the currency is in the hands of US government. the around 40% in the hands of big speculators and manipulators and 10% in the hands of the real users.

it is a speculative bubble that is about to collapse at this very moment.

Activity 18. Another ignore!

The equity and bond markets are speculative bubbles that are about to collapse at this very moment.

FIXED!

That's rubbish. Where did you hear 50% of bitcoins are in the hands of US government? The remaining silk road bitcoins are nowhere near 50% of the coins in existence.

Governments could be uncomfortable about losing their hold over the money supply.
They may not be prepared to ban bitcoin, but they would love to see it fail.  :)

I'd say it's very premature to be talking about "losing their hold over the money supply." Bitcoin is a drop in the bucket in terms of money supply. Maybe, maybe, decades down the road, if bitcoin becomes massively successful.... maybe....

agreed, however hackers have 5% too, i say real users only have 5%

nonsense, do you even know what you're talking about or you just post for the sake of posting?

I've been trying to tell you people, bitcoin is not something that can fail or die off. Like internet, once it's invented, it's here to stay. Bitcoin is not merely new digital money, it's a whole new concept of money. I can foresee fiat money would have to be backed by Bitcoin in order for fiat to have value, when the words of the government is no longer enough to back a currency.

And if those fuckers bought now they could realise the same gains in less than 12 months from now.

They want to see it fail for one reason and one reason only: They dont have any balls and will forever see the price go up and are too scared to invest.

+1

Think about all these people with reputation and who haven't believed in bitcoin, their ego is getting a real beating soon. I wonder if warren buffer can handle being wrong on something so important. Bitcoin is such a nice ego trap for so many people, I love it because I hate that perverse egomania.

People always think about the money they might lose, not how much they can make. :)

You people have all been saying since the mtgox crash, SOON IT WILL GO HIGH UP... but guess what, it didnt and it will not. only way is down.!

It doesn't go down either so you can as well as shut up. But you don't, for some reason. I wonder why? Btw your reply to my post is a bit unrelated as I was rather talking about people and their self-importance.

People in this forum are by nature expected to be bullish.
antibitcoinconsortium- Isn't it a pain logging in with such a long id? It will be tough to change your views as well, with such a user id.

It's because people don't want to risk putting money in BTC and thus rather hope for it to not succeed - in which case they haven't missed anything. It's like not going to a party and hoping that your friends don't have fun either.

They're afraid to put FIAT into it and thus hope, that Bitcoin fails. Some also got out of Bitcoin since they're afraid there won't be a recovery anymore and now convince themselves that their decision was the right one.

Exactly -- If you actively decided that you weren't going to invest, wouldn't you prefer it didn't succeed? In that case, you would have been correct rather than missing the boat. It's the easiest position, psychologically, for someone on the sidelines to take.

Maybe because they do not have BTC in the first place.

Yes. But it's even better: they consciously decided not to put money into it because they are afraid. By betting on Bitcoin failing, you don't risk anything and still come out as the winner if it fails. Although you've won nothing in this case.

Everyone is here not to see bitcoin fail. Maybe there are some non believers but mostly are soli bitcoin believers.

BoatMisserTranslatorv1.0: "I missed the boat and I will vicariously enjoy the pain of others in a crash that will only happen in my butthurt mind".
See you in one year falling, just one year.

Bitcoin falling again! You have been warned since $680!

You were warned not to buy into false rallies. I am not happy to see bitcoin failing, I am here to help cut your looses!

Maybe because they do not have the internet inorder to participate or maybe hooked up presently with the computer.

I just want to curse! Bitcoin is dropping and dropping and dropping. What is this?

Time to BUY BUY BUY