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Author Topic: I can smell the fear  (Read 3368 times)
aso118
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August 03, 2015, 05:41:39 PM
 #61

Lol if you think banks are really "afraid" of Bitcoin. Do you know how easily they could spam the network for months on end? It costs them nothing.

No particular bank is going to go ahead and do that. It would be almost accepting defeat. Smiley
When the spamming stops / block size increases, bitcoin will emerge stronger.


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August 03, 2015, 07:08:29 PM
 #62

Lol if you think banks are really "afraid" of Bitcoin. Do you know how easily they could spam the network for months on end? It costs them nothing.

the simply thing that they are interested in the blockchain technology without wanting bitcoin, mean that they are a little afraid about it, and they want to take the advantage of the benefit that this tech can provide, in the case bitcoin will be a good contender for them

Even if they aren't open about Bitcoin everyone is holding some. Even if they say "we are not interested in Bitcoin, we just want the blockchain" sort of thing, they are secretly holding lots of BTC, because at the end of the day the guys in the banking world aren't idiots, that's why they are rich.

i don't think there are enough bitcoin for every bank out there there are simply too many, so many of those bank simply don't care or they do not have any bitcoin, which are probably those bank that want to build their own crypto coin, like citycoin the last scam...
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August 03, 2015, 11:34:51 PM
 #63

Lol if you think banks are really "afraid" of Bitcoin. Do you know how easily they could spam the network for months on end? It costs them nothing.

the simply thing that they are interested in the blockchain technology without wanting bitcoin, mean that they are a little afraid about it, and they want to take the advantage of the benefit that this tech can provide, in the case bitcoin will be a good contender for them

Even if they aren't open about Bitcoin everyone is holding some. Even if they say "we are not interested in Bitcoin, we just want the blockchain" sort of thing, they are secretly holding lots of BTC, because at the end of the day the guys in the banking world aren't idiots, that's why they are rich.

Banks have very high disclosure levels / regulatory norms. So it is just not possible for them to go and buy bitcoins ( even if they do believe its price could  become 100x).


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August 03, 2015, 11:46:45 PM
 #64

Completely agree. Almost all major bank have their own "bitcoin clone" on their drawing board. Gooood. Because bitcoin will in the end be the back bone to connect all thies bank-shit-coins together.
redhawk979
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August 03, 2015, 11:50:58 PM
 #65

Lol if you think banks are really "afraid" of Bitcoin. Do you know how easily they could spam the network for months on end? It costs them nothing.

No particular bank is going to go ahead and do that. It would be almost accepting defeat. Smiley
When the spamming stops / block size increases, bitcoin will emerge stronger.

How would it be accepting defeat? If a bank were able to make Bitcoin unusable for a month, people aren't going to sit around in the meantime and just wait for it to subside.
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August 04, 2015, 12:41:01 AM
 #66

[
Paypal advertising sending money across boarders claming speed and security..
=
[/quote]

Could you give me the evidence for viewing?
thebenjamincode
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August 04, 2015, 08:46:19 AM
 #67

i think bitcoin will be more popular after 5 years or more since everyday, more and more users are being aware of what bitcoin is and i think there will be a mass adaptation if this happens. more shops and services will accept bitcoin

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