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Author Topic: fall of bitcoin Necessary............bitcoin is a threat For the dollar  (Read 2491 times)
Lyancy001
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August 18, 2017, 06:32:50 PM
 #21

People must understand that Bitcoin isn't anymore the plaything that it was years ago. Every exchange will face difficulties if they don't properly register their activities - especially when it comes to allowing people to exchange/trade crypto versus USD. If an exchange isn't willing to go through whatever is needed to be allowed to run a platform that involves USD, it will experience what BTC-E has gone through, what Bitfinex is, or will go through, Poloniex, etc. BTC-E however is reported to be involved in the MtGox theft back in the days. I don't like the government shutting exchanges down, but in case of BTC-E, if they are really one of the master mind behind the MtGox theft, may all involved entities burn in hell.

Creating fear would really make Bitcoin down. So relax dude.
player514
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August 18, 2017, 06:46:57 PM
 #22

Bitcoin will never fail because bitcoin network will remain healthy because it is self stable. All of the bitcoin trading platform are centralized one so government can easily shutdown or monitor them and it is quite risky to save your bitcoin/crypto there. So what we need now is decentralized exchange that can work as perfect as current centralized exchange platform and can handle large trading volume. We have bitsquare which is decentralized exchange platform but it is still in development.

I think your first statement here is quite naive. Everything can rise up and everything can fall. Bitcoin is a very unstable currency, as we can tell from the initial rise a couple years ago to about 1000$ and then the insane drop that occurred right after. Bitcoin was close to 200$ then. If this currency can depreciate so quickly, I don't think it's fair to say that it will never fail.

This area is up for grabs! PM me if you're interested.
Kevin77
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August 18, 2017, 08:59:08 PM
 #23

The biggest threat to bitcoin is from within, groups trying to hijack its brand and its development, first already done and goes by the name of "Bitcoin Cash", the next is planned for a few months from now and goes by the name of "Bitcoin SegWit2X".

Governments and banks will embrace bitcoin because of its property, much like gold.

1000% agree... this is what can kill all cryptoworld ("forking") ... GO and start forging your own coin! some little group of ppl "just cutting own peace of cake", but this "cake" not belongs to anyone... It's valuable until it's decentralized!!!

No one can encourage his friends,colleagues to invest in BTC while it's can be "forked" at any time:(
It's like you have some gold coins and someone came and "cut little peace" from it... nobody, from "real world" ,may accept,such eventuality...

"Go, and start forging your own coin"... this must be ,only answer for all, future, " wanna fork BTC " guys...
Fellow, not "peace", it must be piece. Don’t mind me. I just can’t stop myself sometimes from correcting. No matter how many groups hijack BTC and release crap like BCC, none can take place of the classical Bitcoins. BTC has a large community and it is attracting masses over the world. So, no need to worry. BTC is safe and it is the real King. Everyone knows. Stay calm and love the KING!
weblouartisan
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August 26, 2017, 09:50:00 AM
 #24

I do not think that it will fall, If your going to look at the announcement section here in the forum, There's a lot of startup company that needs advertisement and if there is a lot of mining hardware that is running to day it will still not fall because it's not getting a flat value. Just enjoy gaining money today while the value of bitcoins is still on fire.

streazight
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August 28, 2017, 05:42:29 PM
 #25

I do not think that it will fall, If your going to look at the announcement section here in the forum, There's a lot of startup company that needs advertisement and if there is a lot of mining hardware that is running to day it will still not fall because it's not getting a flat value. Just enjoy gaining money today while the value of bitcoins is still on fire.
Bitcoin will never fall. Don’t think about it relax. It is so because of the reason that so many new companies are doing mining, hundreds of businesses are trading in bitcoins, people are investing more and more, whales are there to make everything up Tongue bitcoin is in moon and it will never fall aback. Just invest and enjoy the life.
barota (OP)
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September 16, 2017, 12:11:29 PM
 #26

JPMorgan CEO Jamie Dimon says bitcoin is a 'fraud' that will eventually blow up

nbc.com/2017/09/12/jpmorgan-ceo-jamie-dimon-raises-flag-on-trading-revenue-sees-20-percent-fall-for-the-third-quarter.html
streetlight
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September 16, 2017, 04:57:59 PM
 #27

JPMorgan CEO Jamie Dimon says bitcoin is a 'fraud' that will eventually blow up

nbc.com/2017/09/12/jpmorgan-ceo-jamie-dimon-raises-flag-on-trading-revenue-sees-20-percent-fall-for-the-third-quarter.html

Jamie Dimon is a fraud that will eventually blow up. He created that fake news and bought the dip himself. What a guy. Can't wait to see his systems get hacked.
danherbias07
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September 16, 2017, 05:12:23 PM
 #28

Then stop trading. That is all the answer you need.
Why tell people to stop using this currency. Not all of us here have the same experience as you did or your friend that tells you it is not good.
People trade at their own risk. They want faster money so they look for more options on how to make their coins grow in a faster way. No one told you here that you should do that. As I also invite more people I just say to buy bitcoin not go risk it more in trading. If you lose some then why leave your coins in an exchange?

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nskendrovic
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September 16, 2017, 05:18:44 PM
 #29

JPMorgan CEO Jamie Dimon says bitcoin is a 'fraud' that will eventually blow up

nbc.com/2017/09/12/jpmorgan-ceo-jamie-dimon-raises-flag-on-trading-revenue-sees-20-percent-fall-for-the-third-quarter.html

This is comical because he has skin in the crypto game more than you would believe. He bought the dip like crazy so don't listen to this guy for a second. He's invested in blockchain tech as well!
fullypak
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September 16, 2017, 05:29:19 PM
 #30

Then stop trading. That is all the answer you need.
Why tell people to stop using this currency. Not all of us here have the same experience as you did or your friend that tells you it is not good.
People trade at their own risk. They want faster money so they look for more options on how to make their coins grow in a faster way. No one told you here that you should do that. As I also invite more people I just say to buy bitcoin not go risk it more in trading. If you lose some then why leave your coins in an exchange?
yes you can express your feelings but don't say stop using it. People are using it at their own risk even I also tell people to invest on bitcoins. but I will tell them first you study about this bitcoin if you like invest or else no. you are right you don't like to lose your bitcoins means don't use it in trading just hold in your wallet you will get profit
GoodLuck2
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September 17, 2017, 03:44:06 PM
 #31

Then stop trading. That is all the answer you need.
Why tell people to stop using this currency. Not all of us here have the same experience as you did or your friend that tells you it is not good.
People trade at their own risk. They want faster money so they look for more options on how to make their coins grow in a faster way. No one told you here that you should do that. As I also invite more people I just say to buy bitcoin not go risk it more in trading. If you lose some then why leave your coins in an exchange?
yes you can express your feelings but don't say stop using it. People are using it at their own risk even I also tell people to invest on bitcoins. but I will tell them first you study about this bitcoin if you like invest or else no. you are right you don't like to lose your bitcoins means don't use it in trading just hold in your wallet you will get profit
Risk is always there either in business or in physical, the legality of bitcoin often make it some non-acceptable in our society. Just like you I always telling people about bitcoins and asking them haven’t they started in it? More methods of getting profits are here. Just need to open your eyes.

barota (OP)
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September 17, 2017, 05:29:41 PM
 #32

JPMorgan CEO Jamie Dimon says bitcoin is a 'fraud' that will eventually blow up

nbc.com/2017/09/12/jpmorgan-ceo-jamie-dimon-raises-flag-on-trading-revenue-sees-20-percent-fall-for-the-third-quarter.html

Jamie Dimon is a fraud that will eventually blow up. He created that fake news and bought the dip himself. What a guy. Can't wait to see his systems get hacked.


He was bought lot of bitcoin at 3000 usd

JPMorgan CEO Jamie Dimon  You must sell your bitcoin  Grin
It will fall  because it needs correction at 1800usd ----2000usd  Grin Grin
You may sell later at  2000 usd  Grin Grin Grin Grin
barota (OP)
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September 23, 2017, 10:53:49 PM
 #33

Governments will close down bitcoin and cryptocurrencies if they get too big, warns Jamie Dimon

https://www.cnbc.com/2017/09/22/bitcoin-jpmorgans-jamie-dimon-lays-into-bitcoin-again.html
socks435
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September 23, 2017, 11:16:06 PM
 #34

Governments will close down bitcoin and cryptocurrencies if they get too big, warns Jamie Dimon

https://www.cnbc.com/2017/09/22/bitcoin-jpmorgans-jamie-dimon-lays-into-bitcoin-again.html
I think it can be only happen in country china. not here in other country.. Honestly why we care about china.. since bitcoin is decentralized we do not need china to support bitcoin if their government don't let people to trade or ban china it is ok we don't need them..
We can hold our bitcoin safety even the price are getting low i can hold them and sell them for the right time ..
Jamie Dimon is already announce this for a long time..

but bitcoin are still level at 3k value.

Solving blocks can't be solved without my rigs.
palle11
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September 23, 2017, 11:21:22 PM
 #35

well well well well....that why everyone kept repeating it over and over again.....it a risk and you are advice to always keep you coin in your personal wallet unless you are ready to trade...be advice and reduce the risk of losing everything when an exchange closed.....the legal battle can be another headaches 

You have a valid point, I think is not wise to throw up everything you have into trade but small percentage because closure of exchange site and the legal battle... Is going to be really funny that is if they have "license " to make matter worse.
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September 23, 2017, 11:42:26 PM
 #36

Bitcoin is not a threat to the dollar like cars were not a threat to horses. When something is no match, it is not a threat, but a revolution.

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September 23, 2017, 11:44:47 PM
 #37

Governments will close down bitcoin and cryptocurrencies if they get too big, warns Jamie Dimon

https://www.cnbc.com/2017/09/22/bitcoin-jpmorgans-jamie-dimon-lays-into-bitcoin-again.html

I wouldn't be that much worried about this, because we gladly don't have a world filled with countries such as China prohibiting anything they can't control. At worst, I see significant regulations being put to work in order for the government to have at least some degree of control, which is basically unavoidable if we're completely honest. Back in the days we could do anything we wanted, but with the crypto market growing and growing, we'll be facing quite some serious effects of governments wanting to see what's going on. Nowadays its almost impossible to deposit/withdraw fiat without any verification due to KYC and AML and such. I am fairly sure that this is just the beginning -- at some point this verification will also be required when you just try to deposit/withdraw crypto currencies.
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September 24, 2017, 01:18:41 AM
 #38

btc e.com closed

All exchange sites started cheating

bad commentaire  in  poleinex ( more than 35 days no Reply from support)

New scams  in lot of sitetrade and exchange exchange


In the end .......Things are not safe... all   can lose all his money in scammer site trade

You must stop little not all Smiley investing in this currency           
There is no probkem with this currency,  the problem is on that exchange site. 

reliable
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September 24, 2017, 02:57:47 AM
 #39

Governments will close down bitcoin and cryptocurrencies if they get too big, warns Jamie Dimon

https://www.cnbc.com/2017/09/22/bitcoin-jpmorgans-jamie-dimon-lays-into-bitcoin-again.html

I think this is what exactly government would also be thinking if you look from Government perspective. When every country have their own currency why will they also something which is not much in their control and still its called currency. Might be a real big country if bans it others may just follow as they will get a reason to do the same.

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September 24, 2017, 03:08:34 AM
 #40

I don't think bitcoin is going to fall, but I agree that it is necessary for bitcoin to correct a bit, to shrug off weak hands, and start heading towards new highs. I do not think bitcoin is a threat for the dollar..
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