MicroGuy (OP)
Legendary
Offline
Activity: 2506
Merit: 1030
Twitter @realmicroguy
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 18, 2016, 02:22:57 PM Last edit: April 08, 2019, 11:38:15 PM by MicroGuy |
|
.
|
|
|
|
xdrpx
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 18, 2016, 02:30:58 PM |
|
I thought there were banks supporting the blockchain but not creating their own version of Bitcoin. But the question is how can Bitcoin Classic help banks? I mean weren't banks focusing on an altcoin like ripple?
|
|
|
|
Amph
Legendary
Offline
Activity: 3234
Merit: 1070
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 18, 2016, 02:38:58 PM |
|
not this again please, it would only be a centralized version of bitcoin, so basically a fiat that run on a blockchain
also the only reason for them to run one would be proof of integrity, cost and time is not a real problem they are facing with their cluster servers, right now...
|
|
|
|
Bitcoinpro
Legendary
Offline
Activity: 1344
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 18, 2016, 02:52:10 PM |
|
Hiring Mike Hearn has now turned into a liability, they really need to dump his ass quick, can you imagine being associated with the fool ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.savedbythebellreviewed.com%2Fwp-content%2Fuploads%2Fsites%2F2%2F2014%2F08%2Fvlcsnap-2014-08-29-19h39m36s69.png&t=665&c=YAUK9EbOPXDG0Q)
|
WWW.FACEBOOK.COM
CRYPTOCURRENCY CENTRAL BANK
LTC: LP7bcFENVL9vdmUVea1M6FMyjSmUfsMVYf
|
|
|
LFC_Bitcoin
Legendary
Offline
Activity: 3626
Merit: 10073
#1 VIP Crypto Casino
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 18, 2016, 02:55:11 PM |
|
This........AGAIN. The fiat banking system is too greedy to create a rival blockchain to transfer money like bitcoin. Can you imagine the fees they'd set ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) It'd be rendered useless as a direct competitor to bitcoin.
|
|
|
|
avikz
Legendary
Offline
Activity: 3178
Merit: 1522
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 18, 2016, 03:09:16 PM |
|
That's certainly worrying..But they will have many disadvantages as well.
Banks are regulated entity. so they can't create a decentralized currency. They will have to employ proper accounting system for that. They will have to keep track of every single transaction. So they will never have the anonymity what bitcoin enjoys. So a lot of people will simple not indulge in to this.
But the most worrying part is that, if the banks are started using blockchain technology to create their own currency...we will soon see an influx of fiat currency in to the organized and regulated market which will decrease the value of traditional currency which will in turn make the people poorer, especially those who have never experienced the crypto world. Bad thing for economy.
|
|
|
|
Rotator
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 18, 2016, 03:13:16 PM |
|
Is this something expected to happen or this is surprise for all?
|
|
|
|
BitcoinNewsMagazine
Legendary
Offline
Activity: 1806
Merit: 1164
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 18, 2016, 03:22:10 PM |
|
I would quit worrying about banks and concentrate on China. Chinese miners are tired of waiting for a blocksize increase and are starting to support Classic. Just may be the push core devs need to fork to 2 MB first. This may be a case of first client to 2 MB blocksize wins.
|
|
|
|
_Miracle
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 18, 2016, 03:22:51 PM |
|
Not to "TAKE OVER". but to copy. I find this news to be another example on just how long it takes big over bloated corporations to adapt in changing markets. Overdue, that's all.
|
There 'used' to be more truth in forums than anywhere else. Twitter: @cryptobitchicks Spock: "I am expressing multiple attitudes simultaneously. To which are you referring?" INTJ-A
|
|
|
BTCBinary
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 18, 2016, 03:23:29 PM |
|
I guess this is the Banks trying to inflict a final Blow onto bitcoin. It makes me think that Mike Hearn already had the Broken Bitcoin FUD planned with Banks!
|
|
|
|
hdd3go
Legendary
Offline
Activity: 994
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 18, 2016, 03:39:47 PM |
|
Millions people in the world will lost their job If Bitcoin kill banks successfully. People surely don't want that happen. However Bitcoin could serve as a kind of minority payment tool to survive. Personally I don't think Bitcoin will take place of Bank, credit card and central bank. I am a Bitcoin fan though.
|
|
|
|
InternationalBankAlliance
Newbie
Offline
Activity: 46
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 18, 2016, 03:49:51 PM |
|
Our operative My good friend Gregory Maxwell, Blockstream CTO and Bitcoin Core Developer, would like to squelch these unfounded rumors about the so-called "dangers" of small blocks, which are nothing but lies. Sincerely,
~A Friend.
|
|
|
|
xiaoyy.z
Newbie
Offline
Activity: 26
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 18, 2016, 04:02:21 PM |
|
Banks to develop their "bitcoin", it is easy to promote But we will always support bitcoin.
|
|
|
|
Come-from-Beyond
Legendary
Offline
Activity: 2142
Merit: 1010
Newbie
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 18, 2016, 04:05:34 PM |
|
I predict bank blockchain gateways will be raped ddosed to death by those who are not limited by the laws and have 100s millions dollar worth bitcoins to lose. Popcorn may rise in price, time to buy it.
|
|
|
|
n2004al
Legendary
Offline
Activity: 1134
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 18, 2016, 04:08:27 PM |
|
Cannot be possible. I cannot understand the spoken English so I am not able to hear and understand what is told in the video but creating a new FORMAL CURRENCY is not possible to be made by any kind of commercial banks. The only Authority which have such right is only a Central Bank or a similar Authority (for example FED). They can create some coin (even very complicated or using the peer to peer) but there are thousand of those in circulation beginning from the tokens of the games. Any kind of risk cannot have bitcoin from such initiatives (always if will be finalized). Bitcoin is born out of such kind of subjects and have been its activity since today without having even the minimum of need about those. So they can do what will want. Will have to do only with their world. Not with the world of bitcoin.
|
|
|
|
pinoycash
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 18, 2016, 04:09:16 PM |
|
Another news to stir people to lose hope on BTC, but they need to try harder than this.
|
|
|
|
robelneo
Legendary
Offline
Activity: 3332
Merit: 1214
Payment Gateway Allows Recurring Payments
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 18, 2016, 04:21:02 PM |
|
Now we'll see what is coming next,they have all the means to set up their blockchain this is just a proof of the quotes" if you can't beat them join them" I want to see how it will come but of course my full support are still on bitcoin still especially now
|
|
|
|
BlindMayorBitcorn
Legendary
Offline
Activity: 1260
Merit: 1116
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 18, 2016, 04:29:01 PM |
|
I would quit worrying about banks and concentrate on China. Chinese miners are tired of waiting for a blocksize increase and are starting to support Classic. Just may be the push core devs need to fork to 2 MB first. This may be a case of first client to 2 MB blocksize wins.
I'm starting to think Core would rather lose this fight than cave. It's a damn shame.
|
Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
|
|
|
mixan
Legendary
Offline
Activity: 966
Merit: 1000
TRUMP IS DOING THE BEST! MAKE AMERICA GREAT AGAIN!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 18, 2016, 04:33:34 PM |
|
So this is what this bitcoin classic was about ![Angry](https://bitcointalk.org/Smileys/default/angry.gif) I had a feeling something was going on with this mike hearn guy and all the ruckus he caused with just one statement. The banks are getting scared so this is their next move so they can sleep at night not losing anymore minute profits from people getting smart and moving their money out of their hands.
|
The parasite hates three things: free markets, free will, and free men.
|
|
|
jyakulis
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 469
Merit: 250
J
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 18, 2016, 04:51:03 PM |
|
I can see it in the media.
90% of the articles are it's BLOCKCHAIN NOT BITCOIN.
They are already trying to sell that. It's sort of like they are telling the public nothing to see over here.
|
|
|
|
|