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Bitcoin => Bitcoin Discussion => Topic started by: wave06 on March 22, 2018, 01:24:08 PM



Title: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: wave06 on March 22, 2018, 01:24:08 PM
Hi everyone! I found this quite overly dramatic article on forbes and was wondering what you think. https://www.forbes.com/sites/jasonbloomberg/2018/03/10/we-need-to-shut-bitcoin-and-all-other-cryptocurrencies-down-heres-why/#4662eb0c1bca

Anyone seen it? What's your thoughts? Fair point or total bullocks?


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: Xester on March 22, 2018, 01:29:47 PM
Whatever kind of news being thrown to bitcoin I will not falter but support bitcoin. There are many kinds of news being thrown to bitcoin and cryptocurrency but most of them are FUD and manipulated with the purpose of creating panic to the public so that people will leave behind cryptocurrency. With the rise of cryptocurrency many banking systems are being affected since many people have used their wallet address as their bank instead of the banks. Cryptocurrency has saved my life from drowning in debt and thus I will be loyal to cryptocurrency and never believe such hoax news.

They say that bitcoin is being used for illegal activity but all currencies are like that even fiat currency. Anything that has value can be used in anyway a person like. So there is nothing wrong with cryptocurrency at all.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: Rath_ on March 22, 2018, 01:46:12 PM
We can't stop only because there are people who are going to use Bitcoin and other cryptocurrencies for illegal activities. The same thing is with guns. The ban of guns won't be a problem for a criminals because they can always buy one on a black market. Average citizens wouldn't be able to defend themselves. This article looks like a clear advertisement of Ripple, especially this quote:

Quote
However, as long as permissionless-based coins have value, illicit miners will favor those over Ripple and its brethren anyway.

I'm not surprised that they are also trying to convince people to buy Ripple, but it is slowly getting more and more ridiculous. I hope that we won't have any threads in Bitcoin discussion like: "WILL RIPPLE SURPASS BITCOIN" etc. We had enough fun with Bitcoin Cash.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: dothebeats on March 22, 2018, 01:47:11 PM
I've read the article, and the only thing I can make out of it is that the writer is promoting a society where everything is under surveillanve and under control. The idea conveyed in the article, especially the 'know your miner' is nothing short of dumb and pointless. The purpose of such a blockchain is to be decentralized and for the users to be somehow anonymous, and not be subject to manhunts and mugging in case someone wants to get their riches out of them. Websites not exerting the extra effort to check for mining malware isn't a problem created by crptocurrencies; such attacks are also present in fiat and cyberbanking by means of credit card fraud and phishing but these 'experts' don't want to ban fiat even if it causes many problems for people and the society as well. As for morality talks, how could you expect money to be surrounded by morality if everyone and their mothers want to get a piece of it?


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: HasHe on March 22, 2018, 01:53:52 PM
Its like saying that we need to shut down the internet completely since there are viruses and malwares found in the internet instead of using antivirus or anti malware softwares.

We could keep our web filtering tool up to date.We could update our browser extentions since some atackers use malicious browser extentions for illicit crypto mining.

An anti crypto mining or ad blocking extention could be installed in web browsers to avoid cryptojacking scripts being delivered through web ads.

Exentions like MinerBlock or No Coin could be used to block crypto mining scripts.

More details could be found on the links below.

http://www.thewindowsclub.com/block-websites-using-cpu-mine-cryptocurrency

https://www.csoonline.com/article/3253572/internet/what-is-cryptojacking-how-to-prevent-detect-and-recover-from-it.html


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: CHENIEN on March 22, 2018, 01:58:39 PM
This is something a form of criticism, many people now criticize about cryptocurrency business, and they don't think on what good contributions and benifits from bitcoin, they are people destructs on what others property. Hopefully bitcoin would have a strong defense against those people plan to destructs the total operations of bitcoin. And we all know that sometimes people makes any negative fake news about cryptocurrency especially bitcoin, and those negative fake news against bitcoin would affects the price value of bitcoin.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: jseverson on March 22, 2018, 02:00:25 PM
Oh, I've read this before. It's an extremely pointless article. The author basically argues that illicit cryptomining will take over the world, so cryptocurrencies should be made illegal before things get that bad. Well, illicit cryptomining is really just another form of cyber attack, so why focus solely on it? While we're at it, why don't we take things a step further and make the internet illegal so no one gets their data and/or processing power stolen?

But yeah, that's just about how stupid his logic is. You don't burn your house down just to get rid of a few vermin. I don't even think the author is stupid. He probably just really needed to write something controversial about crypto and this is the most original thing he came up with.

I would also like to note that the author forgot a dead simple way to stop most illicit crypto mining attacks: the NoScript browser extension (or ScriptSafe for Chrome), which everyone who wants to be safe on the internet should be using anyway.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: cynical on March 22, 2018, 02:07:20 PM
didnt even read the full article, its not "bullocks", what is stated is happening
and by shutting bitcoin and crypto down (if that was possible and its not) wont stop hackers and scammers from hacking and scamming.

this article is just designed to scare the general public and was conjured up by the author to fill space for him to get paid.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: J Gambler on March 22, 2018, 02:08:16 PM
Hi everyone! I found this quite overly dramatic article on forbes and was wondering what you think. https://www.forbes.com/sites/jasonbloomberg/2018/03/10/we-need-to-shut-bitcoin-and-all-other-cryptocurrencies-down-heres-why/#4662eb0c1bca

Anyone seen it? What's your thoughts? Fair point or total bullocks?

Shutting down cryptocurrency would actually being more harm then good. As first there is a sudden drop in the market for everything then there would come a time that those who integrated itself to bitcoin forstly would have this backfire at them. I think that the best way would be to have it regulated and this would actually make bitcoin more palatable to everyone


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: richminded on March 22, 2018, 02:08:51 PM
Why do we need to shut down bitcoin if its offer a great technology for everyone and a good opportunity to make money. A lot of criticism but I still believe in bitcoin and I will never sold my bitcoin base on this kind of speculation.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: Snarks on March 22, 2018, 02:18:58 PM
Look in his post history. What does he even get out of it? Why is he so obsessed with Bitcoin?

Those kind of articles are what motivated me to open this thread:

Matthew 7:12 - Whatever they do to you, you shall also do to them
https://bitcointalk.org/index.php?topic=3149611.0


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: krauzzer02 on March 22, 2018, 02:24:18 PM
Hi everyone! I found this quite overly dramatic article on forbes and was wondering what you think. https://www.forbes.com/sites/jasonbloomberg/2018/03/10/we-need-to-shut-bitcoin-and-all-other-cryptocurrencies-down-heres-why/#4662eb0c1bca

Anyone seen it? What's your thoughts? Fair point or total bullocks?
The article spins all around Permissioned blockchain and crypto mining (mining without permission of the owner), yeah discussing the problems and negative traits of the Permissionlessness blockchain without explaining the downfall of the other one bias on the other side, yeah you want to shut down all cryptocurrency but not the websites, emails and programs which contains spyware and malware? all of them comes from the internet right? you can also detect some illicit mining activity on your devices by simply monitoring the CPU and GPU usages there are tons of apps and extensions to block them anyway.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: AVAMONEY on March 22, 2018, 02:27:31 PM
There a lot of people out there are still skeptical with Blockchain technologies while other party such as Bank are ready to seek opportunities adopt it.
Quote
The Utility Settlement Coin

Six of the world’s largest banks, Barclays, CIBC, Credit Suisse, HSBC, MUFG, and State Street, have announced backing of the UBS and Clearmatics-spearheaded Utility Settlement Coin, joining other industry heavyweights who have already pledged their support for the project, including BNY Mellon, Deutsche Bank, and Santander.
sources: https://techcrunch.com/2018/01/28/bank-based-blockchain-projects-are-going-to-transform-the-financial-services-industry

Do we make decision to invest Bitcoin based on their opinion, I don't think so. Many parties are worried by Bitcoin popularity, it has become commonplace that the party will make FUD news to create negative opinion in market.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: Golftech on March 22, 2018, 02:37:04 PM
Funny thing is they are also promoting ripple, I don't know if how far fud can go to avoid bitcoin to be more adopted in the whole world, many
negative news has been created just to attack bitcoin growth, I know that it will bring to attentions of many investors specially those new comers
and those who are just planning to start investing we should be more keen to understand all around the chain and see the potential.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: seoincorporation on March 22, 2018, 02:38:09 PM
The whole article is completely pointless. Under the authors perspective, all fiat should be shut down. His arguments walk around the control of the crypto in order to stop money laundery and other illegal activities. His concern is basically that the blockchain is supported by the people instead of corporations, and he presumes that behind the blockchain system there are many bad people. To me, this is but a child's speech, based on the authors fear towards the new technology.
What he basically proposes is that the money, every type of it, needs to be controlled by corporations in order to have a "good use", for his arguments doesn't pay attention to the money laundery or illegal activities in general, but those made with crypto. Well, then, what happens with money laundery on fiat or paper money? He seems to forget about it.
Pointless, completely pointless and misinformed article. Even his proposal is brainless: to stop everything new, everything whose control does not reside on corporations, for the humanity, as some stupid child, needs to be taken care. His presumption is based on this whole idea: most of the humanity is bad, but corporations. Corporations are good and clean from his point of view, no matter, though, tax evasion, money laundery, even slave traffic, no, that doesn't matter, this is not even mentioned, for the most important problem is for corporations to have control over the people. Besides, he seems to forget how many big corporations are already into crypto. Are they wrong too? His beloved corporations?...
Nasty.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: MoonJeina on March 22, 2018, 02:50:10 PM
Is this something new and extravagant ? No .
Such allegations , assumptions and all those over the top words have been put up against bitcoin and crypto currencies in the pas too  . Don't you think that all these opinions comes out from some people who have a good influence of government and the government which is always opposing bitcoin ? Well you have my answer now .


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: stompix on March 22, 2018, 02:52:01 PM
Well, to be honest a few lines in the article got me thinking.
Not about shutting down bitcoin (lol), or that miners might use txs for drugs crime terrorism...that's the usual crap.

But miners nowadays are acting selfishly and instead of a a company like Visa that imposes taxes on the payments we have ended up with miners who are rejecting txs under a certain value and are preferring to mine empty blocks even while the mempool was full.
I was so pissed at some of the pools in December I wished that there would be a way to have your tx included in a block mined by a certain pool, or prevent your tx to be included in a block mined by pool x so I wouldn't contribute to their mining operation.

We need  a system which allows us to send free tx, unlimited transactions and high security with no chances of a 51% attack on the network.... a bit too much to ask unfortunately right now.
And of course ripple which is a bit too much pumped in this article isn't even close to being a solution.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: BrewMaster on March 22, 2018, 02:53:33 PM
Hi everyone! I found this quite overly dramatic article on forbes and was wondering what you think. https://www.forbes.com/sites/jasonbloomberg/2018/03/10/we-need-to-shut-bitcoin-and-all-other-cryptocurrencies-down-heres-why/#4662eb0c1bca

Anyone seen it? What's your thoughts? Fair point or total bullocks?

this is already 12 days old. and it was created at that time to spread FUD and create panic so that price falls more. now it is over.

and i have only 1 thought about this and it is an interesting one:
bitcoin is a decentralized currency, which as you may know it is called as censorship resistance. what i am trying to point out is that bitcoin is not something that anybody can shut down. so saying "we need to shut it down" only shows that the person saying it has no understanding of what bitcoin is.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: crimsongoth on March 22, 2018, 02:53:54 PM
If they had the power to do such a thing, they'd already done it. Since Bitcoin first appeared, we've seen bans, blocks and regulates. The result is obvious.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: tomahawk9 on March 22, 2018, 03:02:21 PM
Are we supposed to take seriously an article that promotes: 1) absolute control over cryptocurrencies, 2)the centralized bankers coin known as Ripple? the article mentions the issue with illicit cryptomining thanks to undetected softwares, and I agree it's a problem but, they forgot (did they?) to say that there are several ways to stop these softwares from running on your computer.

To me this is nothing more than another article trying to scare people away from Bitcoin and other cryptocurrencies...and I thought these kind of scare tactics from the media was over.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: Snarks on March 22, 2018, 03:03:24 PM
Hi everyone! I found this quite overly dramatic article on forbes and was wondering what you think. https://www.forbes.com/sites/jasonbloomberg/2018/03/10/we-need-to-shut-bitcoin-and-all-other-cryptocurrencies-down-heres-why/#4662eb0c1bca

Anyone seen it? What's your thoughts? Fair point or total bullocks?

this is already 12 days old. and it was created at that time to spread FUD and create panic so that price falls more. now it is over.

and i have only 1 thought about this and it is an interesting one:
bitcoin is a decentralized currency, which as you may know it is called as censorship resistance. what i am trying to point out is that bitcoin is not something that anybody can shut down. so saying "we need to shut it down" only shows that the person saying it has no understanding of what bitcoin is.

It doesn't matter what the truth is. They don't need to shut down Bitcoin to stop it from becoming more popular. They are spreading doubt and fear to scare investors out of Bitcoin.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: drm on March 22, 2018, 03:03:39 PM
Are we supposed to take seriously an article that promotes: 1) absolute control over cryptocurrencies, 2)the centralized bankers coin known as Ripple? the article mentions the issue with illicit cryptomining thanks to undetected softwares, and I agree it's a problem but, they forgot (did they?) to say that there are several ways to stop these softwares from running on your computer.

To me this is nothing more than another article trying to scare people away from Bitcoin and other cryptocurrencies...and I thought these kind of scare tactics from the media was over.

He is just trying to spread fud.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: dsaijz03 on March 22, 2018, 03:07:45 PM
Bitcoin cannot be down by just that kind of article.  A big and well stablished supermarket cannot be stop on giving people there needs by just an article telling bad about the stablishment same with bitcoin bitcoin is a well stablish cryto currency and supported by the big community because it gives profit satisfaction. Bitcoin holders will definitely support bitcoin rather than get panic ang leave.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: zelenkova on March 22, 2018, 03:08:21 PM
Yes, no one will deal with the closure of bitcoins and crypto currency, if only because they themselves bring this money.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: nara1892 on March 22, 2018, 03:45:04 PM
I read the article and I failed to see it as a strong reason to shut bitcoin down. Just because there are many attackers, it doesn't mean that bitcoin is not save. There is a tech so-called security that is able to save our bitcoin. We just need to follow the steps to keep our bitcoin save.

However there are so many smart hackers, but not all of hackers are bad. Good ones or white hat will work in security side to keep security system is able to protect our bitcoin from hackers. So I just don't think it is a good idea to shut bitcoin down because of bad hackers.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: wave06 on March 22, 2018, 05:05:19 PM
Oh, I've read this before. It's an extremely pointless article. The author basically argues that illicit cryptomining will take over the world, so cryptocurrencies should be made illegal before things get that bad. Well, illicit cryptomining is really just another form of cyber attack, so why focus solely on it? While we're at it, why don't we take things a step further and make the internet illegal so no one gets their data and/or processing power stolen?

But yeah, that's just about how stupid his logic is. You don't burn your house down just to get rid of a few vermin. I don't even think the author is stupid. He probably just really needed to write something controversial about crypto and this is the most original thing he came up with.

I would also like to note that the author forgot a dead simple way to stop most illicit crypto mining attacks: the NoScript browser extension (or ScriptSafe for Chrome), which everyone who wants to be safe on the internet should be using anyway.

Great points! I couldn't agree more! Regulation and control is certainly not the answer to a few bugs which can be solved fairly easily. I'm all for controversial articles but having credible arguments is essential there.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: cryptojohnstone on March 22, 2018, 05:07:22 PM
I do not believe everything I read on a screen. You have to find out answers for yourself instead of letting other people tell you what to think.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: wave06 on March 22, 2018, 05:11:24 PM
Well, to be honest a few lines in the article got me thinking.
Not about shutting down bitcoin (lol), or that miners might use txs for drugs crime terrorism...that's the usual crap.

But miners nowadays are acting selfishly and instead of a a company like Visa that imposes taxes on the payments we have ended up with miners who are rejecting txs under a certain value and are preferring to mine empty blocks even while the mempool was full.
I was so pissed at some of the pools in December I wished that there would be a way to have your tx included in a block mined by a certain pool, or prevent your tx to be included in a block mined by pool x so I wouldn't contribute to their mining operation.

We need  a system which allows us to send free tx, unlimited transactions and high security with no chances of a 51% attack on the network.... a bit too much to ask unfortunately right now.
And of course ripple which is a bit too much pumped in this article isn't even close to being a solution.

I agree, the current system is certainly not perfect and there is quite some room for improvement. But then again there will always be advantages and disadvantages and I don't think it will ever hit perfection - particularly because that means something different for everyone.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: franky1 on March 22, 2018, 06:23:10 PM
bitcoin already solved the issue around employees using their works network to CPU/GPU mine bitcoin

its called ASICS
just 1 ASIC has the hash power of 13,000 high end PC's, so no one is stupid to risk their job mining bitcoin using insufficient hardware(pc's)

most of the illicit mining is from the altcoiner penny grabbing dim whits, not bitcoin community.

as for permissioned vs permissionless.. well fiat has been a permissioned system for decades, and in 2007 shown even those at the top of the permission list ended up being the most corrupt, thieves of them all


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: pleght on March 22, 2018, 06:56:03 PM
These kinds of articles seem to me a lot of conspiracy theories.Of course, security will be at the top level when depositing investments.Security is important for every investment, not just the crypto money.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: Snarks on March 24, 2018, 10:34:18 PM
Do you think there's a possibility this author has been hired to write such articles? Or why does he spend so much time attacking Bitcoin and cryptocurrencies?


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: Pursuer on March 25, 2018, 06:02:24 AM
in my opinion things like this article are quite good. the more the attack bitcoin the more resilient it will get. we have had a lot of these idiotic attacks against bitcoin in the past 9 years and you can see that every time people realize a little more that bitcoin is much stronger than they thought.

I know the article is mostly bullshit but I hope that they actually do try to shut down bitcoin some day. maybe some people need proof that a decentralized network can not be shut down by anyone ever! their failure will make bitcoin even stronger.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: Kakmakr on March 25, 2018, 06:18:02 AM
The guy is obviously an idiot, because he wants to stop Crypto mining with Permissioned Blockchains like Ripple. This is a push for centralization in both Crypto currencies and Crypto mining, which is totally against what this technology was meant for. Crypto currencies was not developed for Permissioned access and centralized control.

The biggest risk of Permissioned Blockchains is centralized authority. <They decide what transactions are mined and reversed and blocked from being mined> Is this what we want?


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: leonair on March 25, 2018, 06:19:00 AM
in my opinion things like this article are quite good. the more the attack bitcoin the more resilient it will get. we have had a lot of these idiotic attacks against bitcoin in the past 9 years and you can see that every time people realize a little more that bitcoin is much stronger than they thought.

I know the article is mostly bullshit but I hope that they actually do try to shut down bitcoin some day. maybe some people need proof that a decentralized network can not be shut down by anyone ever! their failure will make bitcoin even stronger.

Yes it is, Good or Bad publicity, Publicity is Publicity.

Guess what, the article was on www.Forbes.com a well known website and company that the only intention is to get people's attention for the sake of advertisement and just to make a noise that will benefit them, no more, no less. They also don't care if they make things exaggerated most of the time for as long as they made a story out of everything.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: zaytsevsasha654 on March 25, 2018, 09:54:47 PM
Until 2016, the rate slowly recovered to the previous price, and then in 2017 sharply accelerated, setting records almost every month.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: bearexin on March 26, 2018, 08:07:04 AM
Are we supposed to take seriously an article that promotes: 1) absolute control over cryptocurrencies, 2)the centralized bankers coin known as Ripple? the article mentions the issue with illicit cryptomining thanks to undetected softwares, and I agree it's a problem but, they forgot (did they?) to say that there are several ways to stop these softwares from running on your computer.

To me this is nothing more than another article trying to scare people away from Bitcoin and other cryptocurrencies...and I thought these kind of scare tactics from the media was over.

He is just trying to spread fud.
There is no way that you start agreeing to what all you hear. It is not necessary that all the things which you hear are true. In fact, there are so many things which are nothing but just rumors and that it is not a good thing to agree to those news. Bitcoin and all other crypto coins are doing exceptionally well and that there is no such solid reason to shut down any of the crypto coin.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: Ummirity on April 09, 2018, 02:33:39 AM
Is this something new and extravagant ? No .
Such allegations , assumptions and all those over the top words have been put up against bitcoin and crypto currencies in the pas too  . Don't you think that all these opinions comes out from some people who have a good influence of government and the government which is always opposing bitcoin ? Well you have my answer now .


Many negative issues and criticism against Bitcoin, but it will never be shutdown because Bitcoin is getting more popular and a lot of people posted testimonies that truly it changed their life. It's one of the leading digital cryptocurrency in the digital industries that provides good investment. Just spread good vibes in Bitcoin.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: Ummirity on April 09, 2018, 02:53:58 AM
Are we supposed to take seriously an article that promotes: 1) absolute control over cryptocurrencies, 2)the centralized bankers coin known as Ripple? the article mentions the issue with illicit cryptomining thanks to undetected softwares, and I agree it's a problem but, they forgot (did they?) to say that there are several ways to stop these softwares from running on your computer.

To me this is nothing more than another article trying to scare people away from Bitcoin and other cryptocurrencies...and I thought these kind of scare tactics from the media was over.

He is just trying to spread fud.
There is no way that you start agreeing to what all you hear. It is not necessary that all the things which you hear are true. In fact, there are so many things which are nothing but just rumors and that it is not a good thing to agree to those news. Bitcoin and all other crypto coins are doing exceptionally well and that there is no such solid reason to shut down any of the crypto coin.

Negative harsh comments against Bitcoin, they don't realized the importance of Bitcoin in the future on how it will bring benefits in the society. Hopefully people will recognize the corresponding principles in a modern form of transaction via internet in a decentralized currency. It will never be shutdown and it will continue to progress in the future.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: cpoer2011 on April 09, 2018, 03:00:37 AM
Iam wondering why now is there are many organization or some countries that don't want bitcoin and other cryptocurriencies is growth :). For my opinion because they got bother with the bitcoin or crypto existience that will change the entirely financial system and they will got no advantange from it like they always got. They spread FUDS to stop the growth of btc or cryptos (also the technology/blockchain). That's what I thought so far. Thanks


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: Walang-kekek on April 09, 2018, 03:04:03 AM
after massive increasing price on bitcoin and all other cryptocurrencies in this past years, there are so many FUD coming up out there. believing this will making market more even worse into big correction. bitcoin grows because the belief in their community. thus, believing FUD will destroy themself.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: yugyug on April 09, 2018, 03:08:43 AM
The article is about permissioned and permissiomless blockchain which is synonymous to decentalized and centralized cryptocurrency. What lies beneath that the government and large corporations are the one who wants to shut down bitcoin as it may attract to some criminals to do mining to funds their illegal activities,  once a criminal is always a criminal. Anything that has monetary benefits are also attracting the criminals. Mining and trading cryptocurrnecy opens a door of oppurtunity to some citizens where you can transact minimal amount compare to stock market which require large amount of money to trade and invest. Cryptocurrency is a big threat to many large corporations, if they can't beat them, join them that is plain and simple.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: Rustamm on April 09, 2018, 04:29:27 AM
Nothing new in this article contains. The same charges against the crypto currency that it can be used for criminal purposes. And what can not be used for criminal purposes? Terrorists now use cars to crash into the crowd to sow panic in Europe. Maybe we will give up cars? Or here in London they attacked passers-by with knives. Will we ban knives? All these attacks on the crypto currency are stupid to impossible. Of course, many people do not like the development of the crypto currency, it violates the established system of profit distribution and therefore a lot of money is spent to discredit the crypto currency. This was to be expected.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: rommelzkie on April 09, 2018, 05:43:13 AM
Hi everyone! I found this quite overly dramatic article on forbes and was wondering what you think. https://www.forbes.com/sites/jasonbloomberg/2018/03/10/we-need-to-shut-bitcoin-and-all-other-cryptocurrencies-down-heres-why/#4662eb0c1bca

Anyone seen it? What's your thoughts? Fair point or total bullocks?
\

Its a FUD sir, There is no way that bitcoin can be shutted down. If it is way back 2010 then its possible but with the massive adoption of blockchain technology on every sectors in our world (financial, healthcare, sports, entertainment etc..) shutting down or stopping the crypto is impossible


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: KesoNie on April 09, 2018, 05:49:49 AM
Hi everyone! I found this quite overly dramatic article on forbes and was wondering what you think. https://www.forbes.com/sites/jasonbloomberg/2018/03/10/we-need-to-shut-bitcoin-and-all-other-cryptocurrencies-down-heres-why/#4662eb0c1bca

Anyone seen it? What's your thoughts? Fair point or total bullocks?
\

Its a FUD sir, There is no way that bitcoin can be shutted down. If it is way back 2010 then its possible but with the massive adoption of blockchain technology on every sectors in our world (financial, healthcare, sports, entertainment etc..) shutting down or stopping the crypto is impossible
Everyone of us have different perspectives about how the cryptocurrency adopt in their life. And we know that all things have metit and demerit. So for me, criminals are always in the sorroundings they find a good timing to do crime or baf things. We can't shutdown the cryptocurrency radily because we know all of us was have benefit in the cryptos. So my only suggestion is always be ready for what happen and secure your coins for all people that make bad things


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: Dudeperfect on April 09, 2018, 05:18:33 PM
First of all, we should understand that it's not just something about Bitcoin but the fundamentals of money and control of values.  It doesn't make any sense to me to hire/appoint someone to manage my values for me if I am not willing to do so. When it comes to the innovation of Bitcoin/blockchain, it is happening first time in the history of mankind that we are able to trust a group of unknown people more than the familiar faces and we know they can't cheat each other. Freedom is life and everyone should respect it everywhere.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: illnino on April 10, 2018, 05:38:30 PM
Hi everyone! I found this quite overly dramatic article on forbes and was wondering what you think. https://www.forbes.com/sites/jasonbloomberg/2018/03/10/we-need-to-shut-bitcoin-and-all-other-cryptocurrencies-down-heres-why/#4662eb0c1bca

Anyone seen it? What's your thoughts? Fair point or total bullocks?
\

Its a FUD sir, There is no way that bitcoin can be shutted down. If it is way back 2010 then its possible but with the massive adoption of blockchain technology on every sectors in our world (financial, healthcare, sports, entertainment etc..) shutting down or stopping the crypto is impossible

Yes, man, this is a FUD. Bitcoin will have no shutdown. People will understand (most of them have got it already) that the cryptocurrency is the way to improve their financial situation and start to deal with it.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: Dapper on April 10, 2018, 05:50:38 PM
To keep it real though, no one on this board or even all of the boards members combined likely has the power or influence to shut down a local Arby's or 7-11, much less an entire currency.  


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: pumbum on April 11, 2018, 04:37:44 PM
as said Vitaly Buterin you can't chase the wolves from this region. The point is not that those who write so - wolves, but that the society of people in itself is, and it does not matter what is based on paper money, or cryptocurrency


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: Aragorn_125 on April 11, 2018, 05:17:27 PM
In the world there is a huge number of opinions. Someone thinks that the Internet is from the devil. So do not listen to everyone. For crypto currency, the future as it simplifies payment on the Internet. And Behind this is our future


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: KingScorpio on April 11, 2018, 05:21:55 PM
Hi everyone! I found this quite overly dramatic article on forbes and was wondering what you think. https://www.forbes.com/sites/jasonbloomberg/2018/03/10/we-need-to-shut-bitcoin-and-all-other-cryptocurrencies-down-heres-why/#4662eb0c1bca

Anyone seen it? What's your thoughts? Fair point or total bullocks?

you would need an adolf hitler style holocaust to seriously remove and damage cryptocurrencies.

nevertheless i can imagine that there are forces trying to do exactly that soon anyway, as there are many powerful people losing their power and wealth due to cryptocurrencies and they will try to keep it.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: liamnorthcoins on April 11, 2018, 05:33:27 PM
Hi everyone! I found this quite overly dramatic article on forbes and was wondering what you think. https://www.forbes.com/sites/jasonbloomberg/2018/03/10/we-need-to-shut-bitcoin-and-all-other-cryptocurrencies-down-heres-why/#4662eb0c1bca

Anyone seen it? What's your thoughts? Fair point or total bullocks?

If this has been true a lot of big companies or govenrment files or private files has been a victim of this said cryptomining criminals or cyberspace criminals already. Having said so it it really occured this will surely make headlines in the local and international media. So far there has been no reports whatsoever linking to this speculative article over any crimes committed all over the world. These of which I believe is another form of attact against bitcoin. Again and again bitcoin and many other popular altcoins will encounter such negative speculations to alter the mind of the people to stray away from cryptocurrencies this way they can cut their loses. Eversince cryptocurrencies has boom the banks has been hit significantly and they were hit hard. So for me this is just to spread panic and there is no truth in this article.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: brickafterbrickwalldpt on April 11, 2018, 05:42:16 PM
Good luck for them. It won't be possible to shutdown cryptocurrencies now, simply because they are decentralised. Their arguments are getting more and more ridiculous.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: KingScorpio on April 11, 2018, 06:13:07 PM
Good luck for them. It won't be possible to shutdown cryptocurrencies now, simply because they are decentralised. Their arguments are getting more and more ridiculous.

you remember how the last decentralised financial market got shut down?

it is called today:

"the holocaust"


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: daarul50 on April 11, 2018, 06:32:55 PM
Hi everyone! I found this quite overly dramatic article on forbes and was wondering what you think. https://www.forbes.com/sites/jasonbloomberg/2018/03/10/we-need-to-shut-bitcoin-and-all-other-cryptocurrencies-down-heres-why/#4662eb0c1bca

Anyone seen it? What's your thoughts? Fair point or total bullocks?
Why is bitcoin always suspected as a tool to launder money? Initially, I also think that way because of the anonymity of bitcoin users and the technology. However, it can not be used as collateral because during this time money laundering always happens by using fiat currency through transaction system service used by existing banks. Instead, I see that the emergence of bitcoin technology can be a solution to the weakness of the transaction system in the form of fiat currency. So, the conclusion is that no system is perfect for us to believe because crime always harnesses from imperfect a system and that can happen to bitcoin depending on the purpose of each user.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: Carmen01 on April 11, 2018, 10:24:56 PM
No one will listen to you here even you post a lot of negative about bitcoin because first a lot of users use this for so conveniece in life and no one force you here to do some business so if you experience bad or not good in bitcoin better for you to leave then after that find other that good for your life and actually bitcoin brings so much convenience so better to look what it's worth


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: wave06 on April 13, 2018, 09:32:22 PM
First of all, we should understand that it's not just something about Bitcoin but the fundamentals of money and control of values.  It doesn't make any sense to me to hire/appoint someone to manage my values for me if I am not willing to do so. When it comes to the innovation of Bitcoin/blockchain, it is happening first time in the history of mankind that we are able to trust a group of unknown people more than the familiar faces and we know they can't cheat each other. Freedom is life and everyone should respect it everywhere.

Wise words you all, thanks! I agree, bitcoin (or cryptocurrencies in general) offer something we haven't known for a long time which is not to rely on institutions for representing my financial interests or being able to totally intrude and affect processes in my daily life. I don't think it will be stoppable and quite frankly I think our technological developments will change the world as we know it today fundamentally.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: coinwizard_ on April 13, 2018, 09:42:16 PM
They are just scaremongering to either sell their article to the masses or FUDing under the instructions of scared governments. Bitcoin and other crypto-currencies will not go down (at least not any more!)


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: Bloodseekers on April 13, 2018, 09:55:20 PM
All bad news about bitcoin such shut down, bitcoin is scam, bitcoin is bla bla.. etc, that news only create to make people panic then start to sell their bitcoin, when the price goes down so all "whales" traders using that moment to buy bitcoin at the cheap price. But i think now all people already now about that


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: peter0425 on April 13, 2018, 10:08:31 PM
All bad news about bitcoin such shut down, bitcoin is scam, bitcoin is bla bla.. etc, that news only create to make people panic then start to sell their bitcoin, when the price goes down so all "whales" traders using that moment to buy bitcoin at the cheap price. But i think now all people already now about that
They have their reasons why they keep on attacking bitcoin or the whole crypto. Maybe they wanted to buy at low price or they are just simply a hater because they don't know what crypto is.

But the good thing about bitcoin is that as much as they wanted to bring it down, the more people become interested about it so its still publicity to us. That's why up to know, the market is not that affected significantly and bitcoin still enjoys the support of a lot of people around the globe.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: dvillier on April 16, 2018, 06:10:56 AM
The article is about consent ed and authorizations blockchain which is synonymous to decentralized and unified cryptographic money. What lies underneath that the administration and substantial enterprises are the person who needs to close down bitcoin as it might pull in to a few crooks to do mining to stores their unlawful exercises, once a criminal is dependably a criminal. Anything that has financial advantages are additionally drawing in the hoodlums. Mining and exchanging cryptocurrnecy opens an entryway of chance to a few nationals where you can execute insignificant sum contrast with securities exchange which require extensive measure of cash to exchange and contribute. Digital money is a major danger to numerous substantial companies, in the event that they can't beat them, go along with them that is plain and basic.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: 1C6fV5DtakfKANLJ8GUV7hCaA on April 20, 2018, 11:58:05 AM
Ignore. These people are being paid to write articles to put Bitcoin down. Obviously the banks are now trembling in fear and they aren't playing fair. We will support Bitcoin to the death.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: Linhkej on April 20, 2018, 12:03:42 PM
Hi everyone! I found this quite overly dramatic article on forbes and was wondering what you think. https://www.forbes.com/sites/jasonbloomberg/2018/03/10/we-need-to-shut-bitcoin-and-all-other-cryptocurrencies-down-heres-why/#4662eb0c1bca

Anyone seen it? What's your thoughts? Fair point or total bullocks?
This problem has been mentioned for a long time, but bitcoin still works well. Everything is recovering and there are many new born altcoins. The future of bitcoin is bright but it will not last forever. We should understand bitcoin is a bubble and do not trust it for a long time.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: Saisher on April 20, 2018, 12:04:13 PM
Hi everyone! I found this quite overly dramatic article on forbes and was wondering what you think. https://www.forbes.com/sites/jasonbloomberg/2018/03/10/we-need-to-shut-bitcoin-and-all-other-cryptocurrencies-down-heres-why/#4662eb0c1bca

Anyone seen it? What's your thoughts? Fair point or total bullocks?

If you are going to believe what that this idiot will say in his article might as well sell all your coins and leave the cryptocoin why we are having a great day everyday in this business, this kind of news are nonsense to me, meant to give Bitcoin a bad reputation.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: wave06 on April 25, 2018, 09:34:41 PM
Hi everyone! I found this quite overly dramatic article on forbes and was wondering what you think. https://www.forbes.com/sites/jasonbloomberg/2018/03/10/we-need-to-shut-bitcoin-and-all-other-cryptocurrencies-down-heres-why/#4662eb0c1bca

Anyone seen it? What's your thoughts? Fair point or total bullocks?
This problem has been mentioned for a long time, but bitcoin still works well. Everything is recovering and there are many new born altcoins. The future of bitcoin is bright but it will not last forever. We should understand bitcoin is a bubble and do not trust it for a long time.

Why do you think it wont last? Are you referring to bitcoin or cryptocurrencies in general when you say that? ???


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: thorvald on April 26, 2018, 05:11:02 AM
Looks like grade A FUD to me. I don't know why they even bother with this. The technology is sound and is not going anywhere, and the man who wrote the article is probably buying BTC himself!


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: wave06 on April 27, 2018, 09:46:47 PM
Hi everyone! I found this quite overly dramatic article on forbes and was wondering what you think. https://www.forbes.com/sites/jasonbloomberg/2018/03/10/we-need-to-shut-bitcoin-and-all-other-cryptocurrencies-down-heres-why/#4662eb0c1bca

Anyone seen it? What's your thoughts? Fair point or total bullocks?
i dont know why people post all such bullshit on bitcointalk because i dont understand why people have to post all negative about bitcoin because i guess people dont understand the potential of bitcoin and people have to understand the potential because i am definitely sure bitcoin will replace the paper currency in future.

Well I agree with you. But I am a big fan of open platforms in general to be honest and I don't mind reading these articles even if I think its total bullocks. But then I'm interested to see what the guys on here think about it. Always better to have an argument then just not criticise at all in my opinion.   


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: AurumService on April 28, 2018, 10:39:50 AM
Moral panic isn`t good. So for instance if terrorists use phones, cars, air should we ban it? ;D Every invention and every good thing can be turned into evil. As proverb states - there`s no good without evil. It`s up to cryptocommuite to bust myths about it by launching projects and startups that matter!


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: stayeduptolate on April 29, 2018, 04:49:23 AM
Hi everyone! I found this quite overly dramatic article on forbes and was wondering what you think. https://www.forbes.com/sites/jasonbloomberg/2018/03/10/we-need-to-shut-bitcoin-and-all-other-cryptocurrencies-down-heres-why/#4662eb0c1bca

Anyone seen it? What's your thoughts? Fair point or total bullocks?
i dont know why people post all such bullshit on bitcointalk because i dont understand why people have to post all negative about bitcoin because i guess people dont understand the potential of bitcoin and people have to understand the potential because i am definitely sure bitcoin will replace the paper currency in future and moreover bitcoin has reduced poverty to a global level and more and more people have to understand this fact because in the future at last bitcoin will be the base of the economics and all people will transacts in the form of bitcoin only.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: wave06 on April 29, 2018, 08:48:26 PM
Moral panic isn`t good. So for instance if terrorists use phones, cars, air should we ban it? ;D Every invention and every good thing can be turned into evil. As proverb states - there`s no good without evil. It`s up to cryptocommuite to bust myths about it by launching projects and startups that matter!

Couldn't agree more, well put!


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: Numir on April 29, 2018, 09:42:05 PM
Hi everyone! I found this quite overly dramatic article on forbes and was wondering what you think. https://www.forbes.com/sites/jasonbloomberg/2018/03/10/we-need-to-shut-bitcoin-and-all-other-cryptocurrencies-down-heres-why/#4662eb0c1bca

Anyone seen it? What's your thoughts? Fair point or total bullocks?

My brain hurts on so many levels right now. First of all, you could read something useful for starters. Second, if we shut down cryptocurrency then you should shut down all other useful things that people were afraid of, but today they can't live without them. Stop calling crypto the witch and stop trying to burn it. Learn the history and maybe you will see that humans go forward no matter what and not backward.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: pedropendukot on April 29, 2018, 10:11:10 PM
This is ridiculous,completely worthless article!that is complete a biased,cryptocurrencies has some shortcomings but it doesnt mean that it can be used to most of the crimes,he is just looking into something that the cryptocurrencies are aware of,using cryptocurrencies but using it in a certain crime makes cryptocurrencies only a tool.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: ashlyvash00 on April 29, 2018, 10:23:48 PM
8 think its only a fake news there are lot of blog , topic and news that tell bitcoin is bad. But i dont think so because for me bitcoin helps me to reach my goal. As long you did not do anything wrong i will not gonna quit


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: maaydin on April 29, 2018, 10:25:49 PM
it is not logical to shut down the whole market for the possibility of the bad usage than they should also shut all the weapon shops in the world as they can do a lot more harm than btc.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: cryptoalfs76 on April 29, 2018, 10:36:28 PM
Hi everyone! I found this quite overly dramatic article on forbes and was wondering what you think. https://www.forbes.com/sites/jasonbloomberg/2018/03/10/we-need-to-shut-bitcoin-and-all-other-cryptocurrencies-down-heres-why/#4662eb0c1bca

Anyone seen it? What's your thoughts? Fair point or total bullocks?

Actually its unfair and very unreasonable  to shutdowm the whole market  of cryptocurrency,and those link that you give is untrusted  or fakenews it can only make chaos to the group of this community,however maybe they have a reason why they doing this dramatic article in forbes magazine,but in order to make a fair judgement into the mind of the people ,they must just put the reason with probality why they doing this,because its can creates FUD.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: Grechkatx on May 09, 2018, 04:37:46 PM
Hi everyone! I found this quite overly dramatic article on forbes and was wondering what you think. https://www.forbes.com/sites/jasonbloomberg/2018/03/10/we-need-to-shut-bitcoin-and-all-other-cryptocurrencies-down-heres-why/#4662eb0c1bca

Anyone seen it? What's your thoughts? Fair point or total bullocks?
didnt even read the full article, its not "bullocks", what is stated is happening
and by shutting bitcoin and crypto down wont stop hackers and scammers from hacking and scamming.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: alexa1515 on May 12, 2018, 07:50:48 AM
Hi everyone! I found this quite overly dramatic article on forbes and was wondering what you think. https://www.forbes.com/sites/jasonbloomberg/2018/03/10/we-need-to-shut-bitcoin-and-all-other-cryptocurrencies-down-heres-why/#4662eb0c1bca

Anyone seen it? What's your thoughts? Fair point or total bullocks?

I will still not go for that fud like about bitcoin . as a matter of fact bitcoin is unstoppable and I can see it with my own eyes
and cryptocurrency  is the new way of paying , many people are looking forward for a much more updated way of that,
and bitcoin do always influences FUTURE this is it hahahah no one can stop.
I am a little bit worried but hey lets take advantage of it as of now


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: daxiake on May 12, 2018, 09:02:20 AM
We can't stop only because there are people who are going to use Bitcoin and other cryptocurrencies for illegal activities. The same thing is with guns. The ban of guns won't be a problem for a criminals because they can always buy one on a black market. Average citizens wouldn't be able to defend themselves. This article looks like a clear advertisement of Ripple, especially this quote:

Quote
However, as long as permissionless-based coins have value, illicit miners will favor those over Ripple and its brethren anyway.

I'm not surprised that they are also trying to convince people to buy Ripple, but it is slowly getting more and more ridiculous. I hope that we won't have any threads in Bitcoin discussion like: "WILL RIPPLE SURPASS BITCOIN" etc. We had enough fun with Bitcoin Cash.


Very good point. Ripple is centralized currency and many among crypto community does not recognize it as a cryptocurrency. The objective of cryptocurrencies dies when we make it centralized, as it inherits all features of fiat currency.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: Nilda on May 12, 2018, 09:08:06 AM
Good luck to those people who keep on wishing for bitcoin to die. Not even the combined comments of some billionaires can do something to prevent cryptocurrency from going mainstream.  :)


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: carlisle1 on May 12, 2018, 09:11:52 AM
Hi everyone! I found this quite overly dramatic article on forbes and was wondering what you think. https://www.forbes.com/sites/jasonbloomberg/2018/03/10/we-need-to-shut-bitcoin-and-all-other-cryptocurrencies-down-heres-why/#4662eb0c1bca

Anyone seen it? What's your thoughts? Fair point or total bullocks?
I will revised the title for you OP'we need to shut up youre mouth'so theres no fud spreading here,youre type is those kind that seeking for issues that might affect this cryptocurrency specially bitcoin.

If only i can throw you away from this forum,i will gladly donit for the peace and progress of cryptoworld


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: elygil2022 on May 13, 2018, 02:19:37 AM
Why only now? What to him do long to decide? He should have proposed it when bitcoin was barely a year old. Not now when it is an unstoppable force. Nice try, though.  :)


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: HSRP on May 13, 2018, 09:59:19 AM
In my opinion, you should not post this information, because they affect the psychology of some new investors. They fear and do not dare invest in BTC, some people are afraid and sell them. This will make the BTC more and more collapsed.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: SivaSankarSMS on May 19, 2018, 05:40:28 AM
 Well, to be honest a few lines in the article got me thinking.
Not about shutting down bitcoin (lol), or that miners might use txs for drugs crime terrorism...that's the usual crap.
We need  a system which allows us to send free tx, unlimited transactions and high security with no chances of a 51% attack on the network.... a bit too much to ask unfortunately right now.
And of course ripple which is a bit too much pumped in this article isn't even close to being a solution.
I don't even think the author is stupid. He probably just really needed to write something controversial about crypto and this is the most original thing he came up with. :)


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: mkhadazz on May 19, 2018, 06:25:12 AM
it seems you will never be able to make the price of bitcoin or other cryptoccurency to decrease in price because I see bitcoin and other cryptocurrency have very high demand which makes it difficult to decrease the price.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: jamisky on May 29, 2018, 08:45:00 PM
Media outlets have been used by some international organisations to stop bitcoin trading. Even though the market is highly unstable nowadays bitcoin is here to stay and a good form of investment for anybody who is good in market analysis and trading.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: senin on June 02, 2018, 04:48:57 AM
Hi everyone! I found this quite overly dramatic article on forbes and was wondering what you think. https://www.forbes.com/sites/jasonbloomberg/2018/03/10/we-need-to-shut-bitcoin-and-all-other-cryptocurrencies-down-heres-why/#4662eb0c1bca

Anyone seen it? What's your thoughts? Fair point or total bullocks?
I think that such topics will periodically appear, where insignificant reasons will be given out for global problems. This should be reacted calmly, everyone after all has the right to express their views. Well, in fact, then there is nothing to say. All this is stupid and nonsense.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: DannyMarco on June 03, 2018, 06:17:03 AM
This article is not giving us information but only scaring us.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: upinros on June 03, 2018, 07:43:41 AM
You have read the article and the only thing you can get is that the author promotes people where everything is under supervision and control. The idea is conveyed in articles, especially those who know miners. Yes any kind of news thrown into my Bitcoin will not waver but support Bitcoin. There are many types of news being thrown into Bitcoin and Cryptocurrency but most of them are FUD and manipulated with the aim of creating panic to the public so that people will leave Cryptocurrency.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: taiwww on June 03, 2018, 08:05:12 AM
Hi everyone! I found this quite overly dramatic article on forbes and was wondering what you think. https://www.forbes.com/sites/jasonbloomberg/2018/03/10/we-need-to-shut-bitcoin-and-all-other-cryptocurrencies-down-heres-why/#4662eb0c1bca

Anyone seen it? What's your thoughts? Fair point or total bullocks?

I dont agree with any of the statements made in the article. They are straight forward mentioning that blockchain will be kind of threat to the humans in future as it is filled with decentralised nature which can lead towards the hacks, leaking of the data etc (my guess is that).

But I think through there is decentralisation of the blokchain which literally means that everything is based on the public ledger as open source doesn't mean that it is not secure at all. Every bit of info is irreversible in the blockchain and thus it become the strong link towards the protective layer. May be its just attempt to show how blockchain is bad.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: MISERICORDAE PROJECT on June 03, 2018, 08:07:29 AM
Blockchain technology is here to stay. Cryptocurrencies are based on Blockchain.
To shutdown cryptocurrencies, blockchain technology must be shutdown first.  
Shutting down Blockchain technology will make a nation to become a big 'loser'.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: sonofliberty on June 05, 2018, 10:15:23 AM
i think it is two in one) some facts are true, some are wrong. But if to see tendentions in the world of bitcoin it is bad idea for the future


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: PurpleNights on June 05, 2018, 12:42:41 PM
For all we know this could be attempts by the banks and government using the media to sabotage bitcoin. We all know how bad our freedom is for them.


Title: Re: We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Post by: Bile123 on June 09, 2018, 05:40:54 AM
Personally, I do not see the point of closing bitcoin. He does not give peace of mind to many))) While the entire population it will be convenient and needed I do not think that it is worth closing it, you need to take into account not only political views but also human thoughts on this matter