Banks and Bitcoin

[Happy Smile]

Do banking corporations will create a formula to kill Bitcoin?

[aintnopassincraze]

Do banking corporations will create a formula to kill Bitcoin?

Ah how naive we all once were. Nah dude it cant happen banks can try doing whatever they wish but they will ultimately fail. Bitcoin is now too big to be stopped and will continue to soar high imho

[fiulpro]

Obviously without a doubt.. some people are even thinking that segwit2x is something that was formulated by banks to corrupt the bitcoin system, and also to split the cryptocurrencies Crowd in two.

Bitcoin is something that is hampering the existence of banks and that too in a big way, and also its not easy..to get rid of bitcoins as a whole thus the banking system is considering making a move to kill the bitcoin economy, who knows what they will do next.. also banks supports corruption in a big way and Bitcoins are proving to be really incompatible for this thus there are lots of people holding grudge against them especially the banks.

[Ucy]

Not only the banks and corporations but crooks & insecured elites (aka governments).. They will certainly continue to try but won't succeed atall.
Bitcoin has some of the best developers on the planet that will continue to ensure its continuous existence and growth.

[ugr_erkn92]

It is not possible for the banks to completely block Bitcoin. Naturally, banks want to block an investment market that is in conflict with their interests. Sometimes the bank accounts of the Bitcoin stock exchanges are blocked and the banking activities of the Bitcoin stock exchanges are blocked.

[Cragghack]

if banks soon themselves do not start working with bitcoin, then they are waiting for them too, as the oil company, when the electric car appeared

[worldofcoins]

Do banking corporations will create a formula to kill Bitcoin?

a formula is possible since banks and government work hand to hand.  Governments borrow from banks so is very possible banks will try to crush bitcoin.  Also big govs cant tolerate Bitcoin, this is a currency that threatens the fiat monopolies, for example it is happening in Venezuela, we just got to hope the major super powers do not follow.

[Marry Finch]

In fact, the banks have already lost the war with bitcoin and another crypto currency. Their attempts to denigrate the crypto currency have not led to anything and can not effectively resist the spread of digital currency more effectively, more and more often individual representatives of large banks and their unions began to speak positively about the crypto currency. In addition, banks are already looking for opportunities to interact with the crypto currency in order to gain its benefits.

[KwizatzHaderach]

Banks and Bitcoin can co-exist, as banks have been here for centuries already.
Bitcoin though will cannibalize some functions of the banks as blockchains are the future for trust less institutions.

Further laws and regulations will speed up adoption in the mainstream of bitcoin, hopefully governments will implement.

[qiman]

Banks are going to be purchasing crypto and bitcoin derivatives as soon as the legislation passes, which means big money will flow into Bitcoin and alts so next year we should see explosive growth in this area. Now we have seen venture capital come in the way of blockchain run ICOS, but next year starts the big money flow. Banks will be running on the blockchain soon.

[Pfizer]

Banks are going to be purchasing crypto and bitcoin derivatives as soon as the legislation passes, which means big money will flow into Bitcoin and alts so next year we should see explosive growth in this area. Now we have seen venture capital come in the way of blockchain run ICOS, but next year starts the big money flow. Banks will be running on the blockchain soon.

Rather than using bitcoin, they will develop their own cryptocurrencies probably. Or they can simply adopt ripple and start using it in their transfer system for P2P payments at least.

They will declare this within 1 year I think. Customers are always asking for cryptocurrencies in the branches of the banks.

[Sanglotslongs2]

To avoid this you just have to see bitcoin as the new gold standart for long term investment No problems anymore!

[vaughn125]

Do banking corporations will create a formula to kill Bitcoin?

Lol. A big yes to that question.
And most certainly, they clearly are already taking action and making thousands of plans to eradicate not just bitcoims but the all of the crypto currencies as a whole that are already present together with those that are still about to go public. And it won't be surprising if one day, banks go out and make their own crypto currencies that they can regulate and tax well. Because for all we know, there may be hundreds or thousands of bank spies roaming around the forum gathering information and studying cryptos while earning at the same time. I may be too paranoid but these things really are possibilities.

[durilup]

Do banking corporations will create a formula to kill Bitcoin?

No one can kill bitcoin . If something goes bad for example China banning ICOs -> bitcoin goes up , if something goes good bitcoin is going up . So nothing have power to kill bitcoin . At least banks can link transactions with bitcoin that's all

[yoseph]

Banks and Bitcoin can co-exist, as banks have been here for centuries already.
Bitcoin though will cannibalize some functions of the banks as blockchains are the future for trust less institutions.

Further laws and regulations will speed up adoption in the mainstream of bitcoin, hopefully governments will implement.

With the statement from Goldman Sachs CEO,  it's without doubt that he has finally acknowledge that bitcoin is rather here to stay and instead of bashing it, they should take advantage of it and invest and therefore make some money off it as well and not lag behind.

[Jet Cash]

Bank deposits, Bitcoin, bonds, gold, shares, domain names, vintage cars etc. are all stores of wealth. They have their ups and downs, and their various trading methods. The important thing is that they all co-exist in the modern world

[Ris88]

It is very impossible for the Bank to kill Bitcoin, in fact everyone knows it and can not be denied again that Bitcoin is still the most powerful for financial or commercial affairs or business dealings. and that's the absolute thing. even until now the Bank can not drop Bitcoin so easily. we all know Bitcoin has an amazing community even so many investors choose to switch to Bitcoin ..

[reflector]

Banks are going to be purchasing crypto and bitcoin derivatives as soon as the legislation passes, which means big money will flow into Bitcoin and alts so next year we should see explosive growth in this area. Now we have seen venture capital come in the way of blockchain run ICOS, but next year starts the big money flow. Banks will be running on the blockchain soon.

Purchasing bitcoin by the banks are to have market place value under their name. We need to have the bitcoin to be used in the bank and if that idea comes out many people can deposit their bank account in a bitcoin.
Many Swiss centralized banks are implementing blockchain technology in the banks now. Soon they may accept bitcoin to deposit the money.

[allthingsluxury]

What is much more likely is a full embrace by the banking elites. I don't know which is more dangerous to the long term health of cryptos. It is an unholy alliance for sure.

[jekjekman]

Do banking corporations will create a formula to kill Bitcoin?

Banks really hates Bitcoin If we look at the news about this Bankers that thrown a lot of hates and bashes to Bitcoin and we can't blame them because they see the potential of Bitcoin and the effect to their businesses in the future if this thing continues to grow.

Then if some corporations try to kill Bitcoin the they are free to do it if they think they can, Bitcoin is modern digital currency that is already accepted by many and believe that it is the future of digital money so if there is one thing that can kill Bitcoin is maybe an another extraordinary technology that will offer a wonderful kind of convenience to the people that will use it.