unamis76
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January 18, 2016, 05:04:09 PM |
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Well, they can develop whatever they want, nobody will even touch it with a stick. Probably only banks and those who are affiliated with them would use such a centralized currency.
Also, this has nothing to do with Bitcoin, Core, XT, Unlimited, Classic or any other Bitcoin implementation or any altcoin, for that matter, this is about a centralized currency backed by banks which has a blockchain that can be run privately.
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Tacalt
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January 18, 2016, 05:16:50 PM |
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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. If their fee is too high, nobody will use the bank coin. However, if the coin is GPU mineable, I will mine the coin to earn some fees.
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Kprawn
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January 18, 2016, 05:44:28 PM |
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I doubt that the banks will rely on private individuals to do the mining for them. One of the risks identified so far with Bitcoin seems to be the anonymity of the miners. The policymakers do not want to run a whole financial system on a decentralized network consisting of a bunch of unidentifiable nodes. They will most probably use decentralized data centers situated within banks distributed within different countries. They need to know who to trust, if something goes wrong. If they want to make a change to the protocol, they do not have to wait for consensus, they can just distribute the new client and it's done. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) ... Time will tell, if I am right or wrong.
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arlene05973
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January 18, 2016, 06:55:32 PM |
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Now, i know the reason behind the sudden decrease in price of bitcoins!
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akumaburn
Sr. Member
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The Gold Standard of Digital Currency.
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January 18, 2016, 10:34:19 PM |
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Same old same old ![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
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jonald_fyookball
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Core dev leaves me neg feedback #abuse #political
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January 19, 2016, 03:13:30 AM |
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Also, this has nothing to do with Bitcoin, Core, XT, Unlimited, Classic or any other Bitcoin implementation or any altcoin, for that matter, this is about a centralized currency backed by banks which has a blockchain that can be run privately.
You are right. They want to bring distributed ledgers to the financial world. They have no interest in creating a peer to peer currency. It is going to be a LONG time before Bitcoin is any real threat to established financial institutions.
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croTek4
Sr. Member
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the Cat-a-clysm.
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January 19, 2016, 03:18:11 AM |
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Simon Dixon, CEO & co-founder at BnkToTheFuture.com, says a syndicate of major banks are attempting to develop their own version of bitcoin, the online crypto-currency, which would benefit banks rather than consumers. Hmmm, ever heard of Bitcoin Classic? Must see TV >>> http://video.cnbc.com/gallery/?video=3000482701You know what he's talking about is not bitcoin classic. Stop trying to spread fud.
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Catether is an open source mineable ERC20 Token, powered by Cates.
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Bitcoinpro
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January 19, 2016, 04:48:46 AM |
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Also, this has nothing to do with Bitcoin, Core, XT, Unlimited, Classic or any other Bitcoin implementation or any altcoin, for that matter, this is about a centralized currency backed by banks which has a blockchain that can be run privately.
You are right. They want to bring distributed ledgers to the financial world. They have no interest in creating a peer to peer currency. It is going to be a LONG time before Bitcoin is any real threat to established financial institutions. Bitcoin is the established financial institutions
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WWW.FACEBOOK.COM
CRYPTOCURRENCY CENTRAL BANK
LTC: LP7bcFENVL9vdmUVea1M6FMyjSmUfsMVYf
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smoothie
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LEALANA Bitcoin Grim Reaper
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January 19, 2016, 04:51:20 AM |
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What a joke. These "Banking syndicates" can't even tie their own shoelaces let alone secure their email and create a new revolutionary "bitcoin". ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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Bitcoinpro
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January 19, 2016, 05:08:31 AM |
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Mark Karpeles magical number 42 rears its head again ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fimages.dailytech.com%2Fnimage%2FMt_Gox_CEO_Mark_Karpeles_Wide.jpg&t=665&c=9NNuEM_EVMo2xg)
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WWW.FACEBOOK.COM
CRYPTOCURRENCY CENTRAL BANK
LTC: LP7bcFENVL9vdmUVea1M6FMyjSmUfsMVYf
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disclaimer201
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January 19, 2016, 07:33:53 AM |
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The troll is strong in this thread. What the heck does Bitcoin Classic have do with the banks' plans to copy blockchain technology???
Either an increasing portion of the BitcoinTalk users have their brains turned to mash, care very little about Bitcoin's future or this forum has become entirely useless. I wouldn't be surprised if banks actually paid for trolls to derail any signs of community and co-operation that might (have) grow(n) here. In fact, with the amount of FUD spread here Bitcoin price is going to tank much more before a consensus can be found on such a small issue as block sizes. Actually, at this point - screw consensus. If it gets to the point of decision I'll switch my miners and my node to Classic. Done. You do what you'll see fit. I bet most of these trolls don't even run a full node.
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jbreher
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lose: unfind ... loose: untight
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January 19, 2016, 07:47:47 AM |
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What the heck does Bitcoin Classic have do with the banks' plans to copy blockchain technology???
Absolutely nothing. And MicroGuy knows it, too. Fucking liar lying to try to sway any who don't bother to think things through.
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Anyone with a campaign ad in their signature -- for an organization with which they are not otherwise affiliated -- is automatically deducted credibility points.
I've been convicted of heresy. Convicted by a mere known extortionist. Read my Trust for details.
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BlindMayorBitcorn
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January 19, 2016, 09:50:55 AM |
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What the heck does Bitcoin Classic have do with the banks' plans to copy blockchain technology???
Absolutely nothing. And MicroGuy knows it, too. Fucking liar lying to try to sway any who don't bother to think things through. I was waiting for someone to say something sane. Thank you.
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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.
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okae
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northern exposure
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January 19, 2016, 11:42:08 AM |
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Based on the blockchain? mmm how secure will be "his" blockchain? how many hashpower will they have?, they must change lot of things from blockchain if they want to made "his own version", i think that this will never have success... 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.
Yes, there is nothing new about it, from my point of view they are just trying to distracting people from bitcoin, while they..... buy and buy ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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Lutzow
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January 19, 2016, 12:15:32 PM |
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Based on the blockchain? mmm how secure will be "his" blockchain? how many hashpower will they have?, they must change lot of things from blockchain if they want to made "his own version", i think that this will never have success... 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.
Yes, there is nothing new about it, from my point of view they are just trying to distracting people from bitcoin, while they..... buy and buy ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Yes they will buy while the prices are low. They're just in it for the money--- cause stir, price dips then buy. rinse then repeat. bummer
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CuntChocula
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January 19, 2016, 12:20:19 PM |
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What the heck does Bitcoin Classic have do with the banks' plans to copy blockchain technology???
Absolutely nothing. And MicroGuy knows it, too. Fucking liar lying to try to sway any who don't bother to think things through. Wrong. Private blockchains are like 1990's intranets. They're peanuts compared to Bitcoin which threatens the bank's financial monopoly. Stick your head in the sand and resort to name-calling if you wish. That won't wash away the current reality. +1 100% behind MicroGuy. Not to suggest he's right and/or sane, but I like what he's doing.
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DooMAD
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Leave no FUD unchallenged
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January 19, 2016, 12:34:34 PM Last edit: January 19, 2016, 12:49:34 PM by DooMAD |
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What the heck does Bitcoin Classic have do with the banks' plans to copy blockchain technology???
Absolutely nothing. And MicroGuy knows it, too. Fucking liar lying to try to sway any who don't bother to think things through. *attention seeking rambling in the hope that someone takes notice of his scamcoin* +1 100% behind MicroGuy. Not to suggest he's right and/or sane, but I like what he's doing. You like people using manipulation and deceit to influence the gullible whilst simultaneously pimping their scummy crapcoin? Well at least you're honest about it. CoinDesk: Bitcoin Farewell Post Was No 'Banker Conspiracy'. You can all take off your tinfoil hats now.
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DooMAD
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Leave no FUD unchallenged
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January 19, 2016, 01:24:38 PM |
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You like people using manipulation and deceit to influence the gullible whilst simultaneously pimping their scummy crapcoin? Well at least you're honest about it.
We need multiple blockchains to mitigate the risks of having a single point of failure. Altcoins provide yet another layer of decentralization. ~~ Maybe a little off topic but this is a nice read: https://medium.com/@beautyon_/this-is-just-my-opinion-44d2baa037dbI've got no problems with altcoins in general. I just happen to prefer the reputable ones that didn't have a massive premine and aren't designed to completely shaft latecomers. As for the article/blog, I'm up to the part about how money printing and quantitative easing is supposedly a socialist concept. This doesn't match up particularly well with the reality that all the western governments I'm familiar with engaging in quantitative easing are decidedly neoliberal and more economically to the right. I might read the rest later, but what I've read so far doesn't bode well for making valid points.
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MicroGuy (OP)
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January 19, 2016, 01:41:40 PM Last edit: January 19, 2016, 02:02:25 PM by MicroGuy |
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You like people using manipulation and deceit to influence the gullible whilst simultaneously pimping their scummy crapcoin? Well at least you're honest about it.
We need multiple blockchains to mitigate the risks of having a single point of failure. Altcoins provide yet another layer of decentralization. ~~ Maybe a little off topic but this is a nice read: https://medium.com/@beautyon_/this-is-just-my-opinion-44d2baa037dbI've got no problems with altcoins in general. I just happen to prefer the reputable ones that didn't have a massive premine and aren't designed to completely shaft latecomers. As for the article/blog, I'm up to the part about how money printing and quantitative easing is supposedly a socialist concept. This doesn't match up particularly well with the reality that all the western governments I'm familiar with engaging in quantitative easing are decidedly neoliberal and more economically to the right. I might read the rest later, but what I've read so far doesn't bode well for making valid points. Not sure why you want to derail this thread, but I will be glad to discuss Goldcoin in private or in a separate thread. It wasn't pre-mined and none of the original team/devs remain. This is a coin we revived. I'm a "latecomer" who arrived in June 2013 and purchased each and every coin I own on the open market, fair and square. So your later-comer "shaft" comment is misguided at best. Glad you are enjoying the article. I disagree with much of it wholeheartedly but always enjoy a good read by egomaniacal coders who think of themselves as the divine incarnate - aka banks are dumb, users are dumb, windows sucks, & programmers are God! ~~
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pooya87
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January 19, 2016, 01:46:51 PM |
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the important keyword in this issue is "their own version" so i doubt if it ever can "take over" bitcoin. what the banks create is going to be a centralized altcoin which would serve their purpose and defeat the main purpose of bitcoin or any other altcoin for that matter.
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