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TrackCoin
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June 15, 2015, 09:43:27 PM |
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Mastercard feeling unsecure of them well stabilised business for Bit coin full systems they never did faces ever until now in them economical territory. Suddenly when they can see other someone entered and doing better than them in the world economical networking systems then them headaches started and for that they decided to attack bit coin and trying to manipulation peoples for keeping far from BTC. I don't think Mastercard can be successful about attack on BTC systems.
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IDKwhatimdoing
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June 15, 2015, 10:13:35 PM |
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Mastercard just dissin on us for not having enough tps!!! The rest is pure FUD  |
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redhawk979
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June 15, 2015, 10:15:07 PM |
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Mastercard feeling unsecure of them well stabilised business for Bit coin full systems they never did faces ever until now in them economical territory. Suddenly when they can see other someone entered and doing better than them in the world economical networking systems then them headaches started and for that they decided to attack bit coin and trying to manipulation peoples for keeping far from BTC. I don't think Mastercard can be successful about attack on BTC systems.
What makes you think Bitcoin is doing better than them? Lets be realistic, Bitcoin is a blip on the radar compared to the amount of transactions they process. There are rampant issues of merchants accepting and then dropping Bitcoin payments because nobody is using it with them, but not the case with credit cards. It was also proven by the recent stress test one could effectively clog up the network for a single day for about $5,000 in transaction fees, these guys could destroy Bitcoin without blinking by clogging up the network for a month very easily. |
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johncarpe64
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June 15, 2015, 10:15:24 PM |
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Bitcoin started it..lol
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knowhow
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June 15, 2015, 10:36:10 PM |
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mastercard as visa are the kings and here already for several years.... they get a fee for all soo they are worryed that bitcoin can achieve another potencial and enter the market with cards? the big thing is why those companies that only cares about fees would press bitcoin is the future they must adapt it or some other company will do those and take the fees to them ...
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dKingston
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June 15, 2015, 11:04:45 PM |
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Mastercard's 'centralized' crypto is only going to boost bitcoin by generating mainstream attention!
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dKingston
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June 15, 2015, 11:05:31 PM |
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nobody in their right mind would adopt this mastercard scamcoin .. but plenty of people are not in their 'right mind'. Anyways, the attention can only be good for Bitcoin itself
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umaOuma
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June 15, 2015, 11:09:26 PM |
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nobody in their right mind would adopt this mastercard scamcoin .. but plenty of people are not in their 'right mind'. Anyways, the attention can only be good for Bitcoin itself
Yes I believe its a good news for bitcoin that master card is attacking it but I genuinely believe it would not make any difference to the users of bitcoin and they would continue to adopt it. |
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nerFohanzo
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June 16, 2015, 12:32:16 AM |
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nobody in their right mind would adopt this mastercard scamcoin .. but plenty of people are not in their 'right mind'. Anyways, the attention can only be good for Bitcoin itself
Yes I believe its a good news for bitcoin that master card is attacking it but I genuinely believe it would not make any difference to the users of bitcoin and they would continue to adopt it. Mastercard is a payment system and bitcoin is a currency. So even if it is attacking bitcoin it will not affect the users of mastercard as the people who have faith in mastercard would generally prefer mastercard for making payments. |
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ajareselde
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Satoshi is rolling in his grave. #bitcoin
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June 16, 2015, 12:43:29 AM |
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nobody in their right mind would adopt this mastercard scamcoin .. but plenty of people are not in their 'right mind'. Anyways, the attention can only be good for Bitcoin itself
Yes I believe its a good news for bitcoin that master card is attacking it but I genuinely believe it would not make any difference to the users of bitcoin and they would continue to adopt it. Mastercard is a payment system and bitcoin is a currency. So even if it is attacking bitcoin it will not affect the users of mastercard as the people who have faith in mastercard would generally prefer mastercard for making payments. Ofcourse MC is only payment system, but they are defending their largest client - banks, and their fiat. Anyway it's somewhat hypocritical of them, because they have contracts with some bitcoin payment processors regarding bitcoin MC debit cards, or do they want to pretend that they don't exist.. cheers |
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gentlemand
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Welt Am Draht
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June 16, 2015, 12:55:29 AM |
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Ofcourse MC is only payment system, but they are defending their largest client - banks, and their fiat. Anyway it's somewhat hypocritical of them, because they have contracts with some
bitcoin payment processors regarding bitcoin MC debit cards, or do they want to pretend that they don't exist..
cheers
It wouldn't surprise me too much if certain bitcoin companies haven't actually told them the true nature of their business. Stranger things have happened. |
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stromma44
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June 16, 2015, 01:53:21 AM |
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nobody in their right mind would adopt this mastercard scamcoin .. but plenty of people are not in their 'right mind'. Anyways, the attention can only be good for Bitcoin itself
Yes I believe its a good news for bitcoin that master card is attacking it but I genuinely believe it would not make any difference to the users of bitcoin and they would continue to adopt it. Ofcourse people having faith in bitcoin will generally show their interest in using bitcoin as a currency or a mode of payment and things will change in future as the mass adoption takes place. |
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grendel25
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June 16, 2015, 03:45:36 AM |
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Like MasterCard is more transparent than bitcoin? Bitcoin's ledger is open-sourced and owned by anyone who so cares to own it. Anyone can easily verify any transaction and there is actually privacy for the users of bitcoin. So how does it work with MasterCard? Special investigators required to detect fraud. And then let's not even get started with their executives. How many millions do they "earn" off the backs of their livable wage employees while they enjoy their lavishes?
What a bunch of hypocrites.
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subSTRATA
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:^)
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June 16, 2015, 03:54:36 AM |
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Like MasterCard is more transparent than bitcoin? Bitcoin's ledger is open-sourced and owned by anyone who so cares to own it. Anyone can easily verify any transaction and there is actually privacy for the users of bitcoin. So how does it work with MasterCard? Special investigators required to detect fraud. And then let's not even get started with their executives. How many millions do they "earn" off the backs of their livable wage employees while they enjoy their lavishes?
What a bunch of hypocrites.
exactly, with the blockchain being a public ledger, we individuals can investigate for fraud, like with the whole cryptoforcause/aahzmundus fiasco that just happened, props to QS for finding those links. we dont have to rely on the words of some company to give us the facts. |
theres nothing here. message me if you want to put something here.
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elvizzzzzzz
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June 16, 2015, 07:51:17 AM |
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Just thinking about fraud.
If fraud increases, Mastercard must charge higher fees.
Is it really in Mastercards interest to reduce fraud?
Unless, of course there is a competitor with much lower rates of fraud ...
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Amph
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June 16, 2015, 08:04:56 AM |
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Just thinking about fraud.
If fraud increases, Mastercard must charge higher fees.
Is it really in Mastercards interest to reduce fraud?
Unless, of course there is a competitor with much lower rates of fraud ...
so they actually fear the competition not bitocin itself, they don't want to lower their fee because bitcoin has a non-existing ones, it could make more sense, if you see it in this way Like MasterCard is more transparent than bitcoin? Bitcoin's ledger is open-sourced and owned by anyone who so cares to own it. Anyone can easily verify any transaction and there is actually privacy for the users of bitcoin. So how does it work with MasterCard? Special investigators required to detect fraud. And then let's not even get started with their executives. How many millions do they "earn" off the backs of their livable wage employees while they enjoy their lavishes?
What a bunch of hypocrites.
exactly, with the blockchain being a public ledger, we individuals can investigate for fraud, like with the whole cryptoforcause/aahzmundus fiasco that just happened, props to QS for finding those links. we dont have to rely on the words of some company to give us the facts. this is maybe the best reason why banks are aiming in adopting the blochchain tech, and not caring so much about bitcoin |
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knowhow
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June 16, 2015, 07:43:21 PM |
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well i got your points banks doesnt wanna be exposed ,blockhain tracks all transactions.. soo those way owners could steal money or corrupt potliticians.... soo better stay away to avoid be catched ,even mc wanna to show all transactions they made as receive .... how many payments they hide.....
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Xialla
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/dev/null
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June 16, 2015, 07:45:12 PM |
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even it may sounds crazy it is somehow good for bitcoin, that company like mastercards attacking. actually, very good.
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tommorisonwebdesign
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June 16, 2015, 07:55:26 PM |
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I agree. Any attack on Bitcloin by MasterCard is good in my books. Bitcoin has so many advantages the credit card companies are on their way out. Interest rates are lower, and blockchain is only beginning to find more uses.
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Signatures? How about learning a skill... I don't care either way. Everybody has to make a living somehow.
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mearylll
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June 16, 2015, 09:23:55 PM |
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I agree. Any attack on Bitcloin by MasterCard is good in my books. Bitcoin has so many advantages the credit card companies are on their way out. Interest rates are lower, and blockchain is only beginning to find more uses.
That is true that Bitcoin has many advantages over the Bitcoin But the main concern is Bitcoin still needs a time and support to get on the mainstream and that is only possible by the mass adoption and the awareness of the people around us. Once Bitcoins get on mainstream it would be difficult to stop it. |
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