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Question: Banks will be obsolete in how many years from now?  (Voting closed: November 12, 2017, 11:21:50 AM)
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15 years from now - 3 (21.4%)
20 years from now - 6 (42.9%)
Total Voters: 14

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Author Topic: Why banksters are now in war with bitcoin?  (Read 1103 times)
cybersofts (OP)
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September 13, 2017, 11:21:50 AM
 #1

In reference to what Jamie Dimon (JP Margan CEO) says, calling bitcoin as a fraud.
https://www.bloomberg.com/news/articles/2017-09-12/jpmorgan-s-ceo-says-he-d-fire-traders-who-bet-on-fraud-bitcoin

We know for sure these days will come when banks and bankers will start the war with bitcoin.
So why these banksters started their war this time while bitcoin is recovering from the Chinese nightmare?
Bankers want to kill bitcoin for what reason? Perhaps, they see bitcoin provides more promising future compare to their nasty banking system.

Share your thoughts on this matter, please? thanks.
bakkang
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September 13, 2017, 11:25:00 AM
 #2

In reference to what Jamie Dimon (JP Margan CEO) says, calling bitcoin as a fraud.
https://www.bloomberg.com/news/articles/2017-09-12/jpmorgan-s-ceo-says-he-d-fire-traders-who-bet-on-fraud-bitcoin

We know for sure these days will come when banks and bankers will start the war with bitcoin.
So why these banksters started their war this time while bitcoin is recovering from the Chinese nightmare?
Bankers want to kill bitcoin for what reason? Perhaps, they see bitcoin provides more promising future compare to their nasty banking system.

Share your thoughts on this matter, please? thanks.
Bankers and Banks has starting their war to bitcoin because they observe that bitcoin has become more utilized by a lot modern countries such as Russia. So Banks has been threatened that they've loss by bitcoin. Bitcoin has now more clients than other banks.
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September 13, 2017, 11:27:02 AM
 #3

If they were at war with bitcoin they would have cut the wire deposits and bank accounts of all the exchanges.
There is no "war" and there was no war.

And unfortunately, although I understand your motive and reason for this your topic is actually doing exactly the opposite right now. And this is what you spread right now... FEAR.
Sorry to say it but you are just two letters away from full FUD.

There is no war and there will never be.
Keep calm and hold buy sell exchange, whatever you like.

Bitcoin has now more clients than other banks.

This is bs.
In my country alone there are over 25 milion debit and credit cards out of 29 million inhabitants.
Bitcoin has 300k transaction a day or maximum usage of 10 million a month.

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AtheistAKASaneBrain
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September 13, 2017, 11:28:56 AM
 #4

In reference to what Jamie Dimon (JP Margan CEO) says, calling bitcoin as a fraud.
https://www.bloomberg.com/news/articles/2017-09-12/jpmorgan-s-ceo-says-he-d-fire-traders-who-bet-on-fraud-bitcoin

We know for sure these days will come when banks and bankers will start the war with bitcoin.
So why these banksters started their war this time while bitcoin is recovering from the Chinese nightmare?
Bankers want to kill bitcoin for what reason? Perhaps, they see bitcoin provides more promising future compare to their nasty banking system.

Share your thoughts on this matter, please? thanks.

Jamie Dimon has been attacking bitcoin for years now. Looks like all the idiots that aren't cut to hold Bitcoin got scared because this dumbass said it is a "fraud". Well let them sell, we don't need them on board. We need strong people, not faggots that panic everytime CEO-of-whatever speaks against Bitcoin. Once only real holders are on board these things will not happen anymore.
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September 13, 2017, 11:31:07 AM
 #5

That is the case. The banks have declared war on us, the people, the hodlers. They want us to put money in their banks. But instead we pull money out of the banks and secure them in bitcoins and other cryptos
Mandoy
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September 13, 2017, 11:36:18 AM
 #6

In reference to what Jamie Dimon (JP Margan CEO) says, calling bitcoin as a fraud.
https://www.bloomberg.com/news/articles/2017-09-12/jpmorgan-s-ceo-says-he-d-fire-traders-who-bet-on-fraud-bitcoin

We know for sure these days will come when banks and bankers will start the war with bitcoin.
So why these banksters started their war this time while bitcoin is recovering from the Chinese nightmare?
Bankers want to kill bitcoin for what reason? Perhaps, they see bitcoin provides more promising future compare to their nasty banking system.

Share your thoughts on this matter, please? thanks.

The banks are against bitcoin or cryptocurrency as a whole since it is one of their biggest competitor. When bitcoins have entered the market more and more people are now leaving the banks which means a decrease in the number of clients. Though they only felt it slightly but they knew for a fact that the masses will use it in a wider scale this will imply closure and bankruptcy of banks in the future. The only way to make their future and profit safe is to kill and destroy cryptocurrency today.

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pawanjain
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September 13, 2017, 11:45:13 AM
 #7

People are making good profit out of Bitcoin and I think the bankers are against it because they know that people won't keep their money in banks.
People are making use of Bitcoins and its technology is making many people to invest in it. So I think bankers are spreading rumors so that Bitcoin's price fall down and people lose their money. But we should not rely on these rumors and not get panic attacks. We should try to hold our coins as we know Bitcoin will soon go to very high price.

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September 13, 2017, 11:48:18 AM
 #8

In reference to what Jamie Dimon (JP Margan CEO) says, calling bitcoin as a fraud.
https://www.bloomberg.com/news/articles/2017-09-12/jpmorgan-s-ceo-says-he-d-fire-traders-who-bet-on-fraud-bitcoin

We know for sure these days will come when banks and bankers will start the war with bitcoin.
So why these banksters started their war this time while bitcoin is recovering from the Chinese nightmare?
Bankers want to kill bitcoin for what reason? Perhaps, they see bitcoin provides more promising future compare to their nasty banking system.

Share your thoughts on this matter, please? thanks.

Jamie Dimon has been attacking bitcoin for years now. Looks like all the idiots that aren't cut to hold Bitcoin got scared because this dumbass said it is a "fraud". Well let them sell, we don't need them on board. We need strong people, not faggots that panic everytime CEO-of-whatever speaks against Bitcoin. Once only real holders are on board these things will not happen anymore.
Agree with you, some people have entered this market not so long ago and they are getting paniced because of such news and they dump their coins for foolish price. The price will be over 5000$ at the end of the month, after this small price correction.

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cybersofts (OP)
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September 13, 2017, 11:50:37 AM
 #9

In reference to what Jamie Dimon (JP Margan CEO) says, calling bitcoin as a fraud.
https://www.bloomberg.com/news/articles/2017-09-12/jpmorgan-s-ceo-says-he-d-fire-traders-who-bet-on-fraud-bitcoin

We know for sure these days will come when banks and bankers will start the war with bitcoin.
So why these banksters started their war this time while bitcoin is recovering from the Chinese nightmare?
Bankers want to kill bitcoin for what reason? Perhaps, they see bitcoin provides more promising future compare to their nasty banking system.

Share your thoughts on this matter, please? thanks.

Jamie Dimon has been attacking bitcoin for years now. Looks like all the idiots that aren't cut to hold Bitcoin got scared because this dumbass said it is a "fraud". Well let them sell, we don't need them on board. We need strong people, not faggots that panic everytime CEO-of-whatever speaks against Bitcoin. Once only real holders are on board these things will not happen anymore.

Easy my guy, not everybody is panic to the level of selling their bitcoins.  
I think only newcomers will try to sell all their bitcoins because of what JP Morgan CEO said.
People are currently dumping their bitcoins and altcoins because they don't understand bitcoin is competition to banks.
And bankers will try everything possible to destroy bitcoin because bitcoin is slowing taking over their business. Grin
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September 13, 2017, 01:36:13 PM
 #10

because for some group, their monopoly will remain going down, so the need to act with bitcoin.

But we are community here stand to support bitcoins yeah Cheesy
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September 13, 2017, 01:59:16 PM
 #11

Banks have always been this way to bitcoin. They either attack with these kind of articles or create a their own coin to challenge bitcoin. Either way they all want the same thing, to get, if not all, the majority of bitcoin users to go back and use banks to keep their money. Best thing to do is to ignore them and hole while other people fall for these FUDs.
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September 13, 2017, 02:02:02 PM
 #12

Banks wont get obsolete, the system is to reliable in some countries.

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September 13, 2017, 02:20:42 PM
 #13

I don't think it's a declaration of war, it's the opinion of this one guy, maybe the opinion of that bank.
That is what that organisation does. It looks at businesses and gives an evaluation. And not every evaluation is positive.
It is up to the bitcoin community to prove him wrong.
Nobody is forcing anybody to sell, all the owners sell on their own free will.

  It's me!!!
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September 13, 2017, 02:34:20 PM
 #14

Because "fakecurrency" bitcoin detracts from their racket of issuing their own fake money that makes them rich off the ignorance of the masses.
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September 13, 2017, 02:39:24 PM
 #15

Sure banks and banksters don´t like btc. Its out of their control and they can´t make income. The biggest fear is that more use btc every where for buying goods every day. This will be the end of credit cards and bank accounts.

Forget what Jamie Dimon says. Its pure propaganda. You can see it if you look exactly.
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September 13, 2017, 02:43:37 PM
 #16

In reference to what Jamie Dimon (JP Margan CEO) says, calling bitcoin as a fraud.
https://www.bloomberg.com/news/articles/2017-09-12/jpmorgan-s-ceo-says-he-d-fire-traders-who-bet-on-fraud-bitcoin

We know for sure these days will come when banks and bankers will start the war with bitcoin.
So why these banksters started their war this time while bitcoin is recovering from the Chinese nightmare?
Bankers want to kill bitcoin for what reason? Perhaps, they see bitcoin provides more promising future compare to their nasty banking system.

Share your thoughts on this matter, please? thanks.

Jamie Dimon has been attacking bitcoin for years now. Looks like all the idiots that aren't cut to hold Bitcoin got scared because this dumbass said it is a "fraud". Well let them sell, we don't need them on board. We need strong people, not faggots that panic everytime CEO-of-whatever speaks against Bitcoin. Once only real holders are on board these things will not happen anymore.

Easy my guy, not everybody is panic to the level of selling their bitcoins.  
I think only newcomers will try to sell all their bitcoins because of what JP Morgan CEO said.
People are currently dumping their bitcoins and altcoins because they don't understand bitcoin is competition to banks.
And bankers will try everything possible to destroy bitcoin because bitcoin is slowing taking over their business. Grin
Weak hands are selling our their bitcoins as of now when the price is bitcoin is falling gradually checking it we are already on $3700 price and still lowering down.Instead of panic im really excited on the best possible lowest price on this kind of rally.Im excited to buy cheap bitcoins and talking about bankers they would really do anything just to take down bitcoin because sameas you said it is the reasons why their business is being slowed down.lol

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September 13, 2017, 02:44:01 PM
 #17

There is no open war because that way, banks would immediately raise a lot of attention for Bitcoin, and achieve the exact opposite.

So they lobby against BTC openly and covertly. In this case openly.

Jamie has made over 1000 000 000 in the fiat banking system (that is defrauding hard working people by design) and now has the nerve to claim that Bitcoin "is created from thin air"!!!!!!!!!!!!!

What  a dirty lie, BTC is proof-of-work. FIAT IS CREATED FROM THIN AIR.

Disgusting, dirty banksters, make me sick to the stomach  Tongue Tongue Tongue Tongue Tongue

Truth is the new hatespeech.
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September 13, 2017, 02:46:01 PM
 #18

A very obvious reason to this thing is the effect of bitcoin on the shares and capital markets. Bank FD, bonds ,shares, MF there is nothing in this world that could provide return that has been provided so far by bitcoin. This has attracted a lot of people towards this market of cryptos. As this market grows the ordinary share market would eventually collapse. This is the reason that top knotch investors and bankers criticize bitcoin. Warren Buffet too once said bitcoin is mirrage. Reason is their insecurity towards money.
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September 13, 2017, 02:53:25 PM
 #19

In reference to what Jamie Dimon (JP Margan CEO) says, calling bitcoin as a fraud.
https://www.bloomberg.com/news/articles/2017-09-12/jpmorgan-s-ceo-says-he-d-fire-traders-who-bet-on-fraud-bitcoin

We know for sure these days will come when banks and bankers will start the war with bitcoin.
So why these banksters started their war this time while bitcoin is recovering from the Chinese nightmare?
Bankers want to kill bitcoin for what reason? Perhaps, they see bitcoin provides more promising future compare to their nasty banking system.

Share your thoughts on this matter, please? thanks.

Apparently some banks see Bitcoin as a threat to their business. I'm sure part of this is because of some of the features of Bitcoin as follows:

1) Bitcoin can be used to store money without using a bank.

2) Bitcoin allows you to send money anywhere in the world without using a bank

3) There is potential for Bitcoin to be used as a method of payment so you wouldn't need bank checks or bank credit cards.

I think this third point may be the most damaging to banks because most people in my country use credit cards issued by big banks to make purchases and the banks get a percentage of the purchase price in a fee and collect interest from the card holder. This part of their business could be threatened by Bitcoin.
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September 13, 2017, 03:11:00 PM
 #20

They are afraid  of losing their job because of bitcoin
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