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Qoheleth
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August 22, 2017, 10:14:58 PM
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(Who am I talking about? Bulls? Bears? BitcoinCasheers? That's for you to decide Wink)

If there is something that will make Bitcoin succeed, it is growth of utility - greater quantity and variety of goods and services offered for BTC. If there is something that will make Bitcoin fail, it is the prevalence of users convinced that BTC is a magic box that will turn them into millionaires, and of the con-artists who have followed them here to devour them.
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Torque
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August 22, 2017, 11:46:07 PM
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Central bankers? The Fed? The world oligarchs?
matuson
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August 23, 2017, 04:28:31 PM
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It's really funny, but we haven't seen war of bankers against bitcoin. I'm sure it will be. Never underestimate the enemy. Besides the internal contradictions which are now torn apart from the inside bitcoin very much weaken bitcoin.
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August 23, 2017, 05:23:37 PM
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Yeah, that's my concern that banks will start a war against btc and probably will win. Btc still will exist but just as an useless coin for fanboys.
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August 23, 2017, 05:43:28 PM
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It's really funny, but we haven't seen war of bankers against bitcoin.

Are you seriously shitting me? It's happening covertly right now. They've been behind every attack on Bitcoin since the early hacking days. This whole fork FUD drama is just the latest iteration.

I guess you're waiting for the seminal moment when a prominent central banker goes on CNN live and says, "We've decided to wage war against Bitcoin."  Yeah, that's how they will do it. Roll Eyes Roll Eyes
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August 23, 2017, 05:55:36 PM
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It's really funny, but we haven't seen war of bankers against bitcoin. I'm sure it will be. Never underestimate the enemy. Besides the internal contradictions which are now torn apart from the inside bitcoin very much weaken bitcoin.

If you really think that banks and other big guys from the old system are not involved in the recent attacks against Bitcoin you're extremely naive.
I can assure the "then they will fight you" stage is happening! Right now and probably since a much longer time as many expect. Think about Andresen, Hearn, Wright, XT, BU, Classic, Cash and now 2x!! All this the attempt to disrupt the community from the inside, supported and financed by guys and institutions from the old system outside. Maybe governments, agencies, or big tech institutions are/have been involved in one way or the other as well?!
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August 23, 2017, 05:56:43 PM
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Banks weren't behind that.  They're not going to look to destroy bitcoin, but rather profit from it.  And BCC is turning out to be a turd that no one wants anyway.  Banks would have done a better job.  If they were looking to kill btc, they would do it through lobbying for laws to outlaw it--that's how the banks roll.  Not by starting a fork.

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August 23, 2017, 06:11:33 PM
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It's really funny, but we haven't seen war of bankers against bitcoin. I'm sure it will be. Never underestimate the enemy. Besides the internal contradictions which are now torn apart from the inside bitcoin very much weaken bitcoin.

If you really think that banks and other big guys from the old system are not involved in the recent attacks against Bitcoin you're extremely naive.
I can assure the "then they will fight you" stage is happening! Right now and probably since a much longer time as many expect. Think about Andresen, Hearn, Wright, XT, BU, Classic, Cash and now 2x!! All this the attempt to disrupt the community from the inside, supported and financed by guys and institutions from the old system outside. Maybe governments, agencies, or big tech institutions are/have been involved in one way or the other as well?!
I think that the banks have nothing to do with. They and the government don't really advantageous to have such a serious competitor as bitcoin, but they will use other methods. Now they are just an information war. Forks happen because of the greed of the people themselves. It's probably even worse than the war with the banks and the government.
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August 23, 2017, 06:32:47 PM
 #9

I think that the banks have nothing to do with.

You just saying this doesn't make it true. Think whatever you want. Others like Denker know what's really going on.
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August 23, 2017, 06:56:23 PM
 #10

Banks weren't behind that.  They're not going to look to destroy bitcoin, but rather profit from it.  And BCC is turning out to be a turd that no one wants anyway.  Banks would have done a better job.  If they were looking to kill btc, they would do it through lobbying for laws to outlaw it--that's how the banks roll.  Not by starting a fork.

I'm not sure if banks would have done a better job, but I agree that they would have definitely done it differently.

Also I'm pretty sure that banks are not out to destroy Bitcoin at all. Not the ones that matter anyways. If anything they will try to subvert crypto-currencies and remake them in their image. Case in point: https://www.jpmorgan.com/country/US/EN/Quorum

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August 23, 2017, 07:56:52 PM
 #11

Central bankers? The Fed? The world oligarchs?

The oligarchs can easily make the cryptocurrency space their favourite playground. Even if they are late into the game, if they have money, it doesn't matter. Central Bankers have reason to be afraid of Bitcoin.
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August 23, 2017, 08:52:13 PM
 #12

It's really funny, but we haven't seen war of bankers against bitcoin.

Are you seriously shitting me? It's happening covertly right now. They've been behind every attack on Bitcoin since the early hacking days. This whole fork FUD drama is just the latest iteration.

I guess you're waiting for the seminal moment when a prominent central banker goes on CNN live and says, "We've decided to wage war against Bitcoin."  Yeah, that's how they will do it. Roll Eyes Roll Eyes

But how sure are you really that the banks are behind those and not just some fanatics wanting major control of bitcoin? Not that I find it far fetched but really, there isn't a solid connection that the banks are the guys who made ordered these folks to create a fork and to hack several exchanges.

I just see some rogue hackers wanting a quick buck and some developers who have other things in mind for bitcoin.

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CryptoBry
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August 24, 2017, 05:38:21 AM
 #13

It's really funny, but we haven't seen war of bankers against bitcoin. I'm sure it will be. Never underestimate the enemy. Besides the internal contradictions which are now torn apart from the inside bitcoin very much weaken bitcoin.

Yes, there can be a big war coming but nobody knows for sure if that can happen because banking can also adopt with the cryptocurrency platform anytime they want to. Compare to the volume of transactions handled by the baking sector, Bitcoin is just a small peanut (though of course it can disrupt this market). It is not yet time to have this war as Bitcoin is now also having its own internal war happening. It is a small shame to be shouting to the whole world that we are the best but we could not contain the bickering in our own backyard.
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August 24, 2017, 12:26:16 PM
 #14

It's really funny, but we haven't seen war of bankers against bitcoin. I'm sure it will be. Never underestimate the enemy. Besides the internal contradictions which are now torn apart from the inside bitcoin very much weaken bitcoin.

Yes, there can be a big war coming but nobody knows for sure if that can happen because banking can also adopt with the cryptocurrency platform anytime they want to. Compare to the volume of transactions handled by the baking sector, Bitcoin is just a small peanut (though of course it can disrupt this market). It is not yet time to have this war as Bitcoin is now also having its own internal war happening. It is a small shame to be shouting to the whole world that we are the best but we could not contain the bickering in our own backyard.
What do you mean with bitcoin is much weaker? I guess banks can have a collaboration with bitcoin I think there's a bank already that joint with it. I can see how good it is to be part of bitcoin's group. Maybe sooner or later banks will all adapt bitcoin as means of investment and trading also. Most probably it will gain prestigious name of their company even more and at the same time the name of bitcoin will be recognized. This will give a big impact of each country if ever it is freely accepted and there's nothing to worry about that anymore.
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