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Author Topic: Bitcoin report from Citibank- Bitcoin will die  (Read 296 times)
mashort (OP)
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January 15, 2018, 06:26:36 PM
Last edit: February 26, 2019, 03:36:08 PM by theymos
 #1

have you guys seen the latest report from CitiReasearch 'experts' claiming that Bitcoin will die, titled' How Bitcoin is bad for the world'
here is the link <mod: link removed, DMCA'd>
heringasem
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January 15, 2018, 06:28:18 PM
 #2

Do not click the link guys, no one knows if that link could have malicious code inside, and nowadays, it is very risky to click on external links, specially on this forum, where there is targetted traffic.
Just an advice, if you want to post it, just quote.

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January 15, 2018, 06:35:04 PM
Last edit: February 26, 2019, 03:36:16 PM by theymos
 #3

have you guys seen the latest report from CitiReasearch 'experts' claiming that Bitcoin will die, titled' How Bitcoin is bad for the world'
here is the link <mod: link removed, DMCA'd>


They are pointing to some concerns on which some of those have basis. But on the other hand, those are already on table and there are thing on how we can deal on it. Just let them spread what's on their mind as we are used to encounter FUD. Generally at the end of the day, it's up on hand of the community if they will leave or stay in the world of cryptocurrencies.

I have several friends working at Citibank but never did they encountered some warning or noticed about using cryptocurrencies.

Do not click the link guys, no one knows if that link could have malicious code inside, and nowadays, it is very risky to click on external links, specially on this forum, where there is targetted traffic.
Just an advice, if you want to post it, just quote.


The link is safe no worries.


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fiulpro
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January 15, 2018, 06:36:31 PM
 #4

Well besides this report I have heard dozens of reports about how bitcoins will fluorish very nicely in the market this year..
Well you cannot.. always believe the report, you need to have a solid support argument not some random theory based on the past experience of things like tulip.

It's not something that one can decide if it dies or not it's the time and the people thus Better make our choices ourselves instead of getting influenced.

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tomahawk9
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January 15, 2018, 07:22:19 PM
Last edit: February 26, 2019, 03:36:22 PM by theymos
 #5

have you guys seen the latest report from CitiReasearch 'experts' claiming that Bitcoin will die, titled' How Bitcoin is bad for the world'
here is the link <mod: link removed, DMCA'd>

Saying that Bitcoin is bad for the world is a bit extreme, but honestly, they're just following the same script that every financial corporation in the US has been getting from the govt over the past year. And I didn't know these 'experts' were so good at what they do that they can actually predict the future and know what will happen to Bitcoin.
But nowadays, it's not surprising to see such statements coming from the banking system, they've been against Bitcoin for quite some time now.

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TheCoinGrabber
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January 15, 2018, 07:26:47 PM
 #6



Do not click the link guys, no one knows if that link could have malicious code inside, and nowadays, it is very risky to click on external links, specially on this forum, where there is targetted traffic.
Just an advice, if you want to post it, just quote.


The link is safe no worries.



I also didn't open it. Weird looking link, I would say. Jeesh, all these talks about stuff like Spectre, etc is really feeding into people's paranoia.
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January 15, 2018, 07:29:29 PM
 #7

I never read news from so called experts, all they do are writing irrational nonsense and then in month or 2 they write opposite opinion.
cryptoquality
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January 15, 2018, 09:26:28 PM
 #8

Do not click the link guys, no one knows if that link could have malicious code inside, and nowadays, it is very risky to click on external links, specially on this forum, where there is targetted traffic.
Just an advice, if you want to post it, just quote.


Link is safe, it is just opening the report.

I didn't get surprised honestly. As we all know that there is a huge battle s going on between central banks and bitcoin. so they are using all their power, money and social media to influence public about cryptos.
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January 15, 2018, 09:54:09 PM
 #9

I've just read the report and it looks like usual bitcoin news/article which mention bitcoin advantage/FUD. I'm sure the CitiReasearch experts isn't expert in cryptocurrency world or bother to do detailed research.
I think the report is classified as Hate Speech.
Or maybe they're just want to move the market to catch some decent entry points, and after they can make some profit for themselves... They (banks) won't let people buy bitcoins, I'm sure, but I'm not really sure that behind the scenes they don't invest into risky things (or their venture capital companies, because they don't have as much regulations as the banks itself).
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January 15, 2018, 09:57:44 PM
 #10

This is only beginning and of course it's in their best interest to knock it down tbh. I don't blame them but soon they won't deny it, but join this movement.
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January 15, 2018, 09:58:12 PM
 #11

I think BTC dying is an overexagguration. They're not in a position to call themselves experts on the topic anyways. Even if they were, lots of disagreement between 'experts' here.
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January 15, 2018, 10:05:07 PM
 #12

This is only beginning and of course it's in their best interest to knock it down tbh. I don't blame them but soon they won't deny it, but join this movement.

Yes, join right now that it is EXTRA cheap, i think that they are just losing another opportunity, but what can we expect from banks? They are always going to try to do everything in order to rip-off bitcoin.

There is nothing new in here, this is just any of those brand new FUD's that we are seeing everyday in here.

I am not surprised anymore with this kind of news.


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Tenderino
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January 15, 2018, 10:05:45 PM
 #13

If you have interest to discuss the article with us how Bitcoin is bad for the world, why not post some key phrases here and we can discuss directly instead of clicking on your curious link? And do you know who citibank is? It is one of the largest system banks in the US! What do you think will they tell about their biggest competitor bitcoin?
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January 15, 2018, 10:10:08 PM
 #14

Citibank? what is it? i never hear about this company and i think this is

another bitcoin's new FUD's. just ignore it you will be fine
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January 15, 2018, 10:14:19 PM
 #15

Do not click the link guys, no one knows if that link could have malicious code inside, and nowadays, it is very risky to click on external links, specially on this forum, where there is targetted traffic.
Just an advice, if you want to post it, just quote.

it's just an unreasonable fear.
it is just a reference link you may be too worried so you do not dare and speculate that a link to be dangerous,
preferably before expressing an opinion.
first check what you are going to say

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January 15, 2018, 10:27:10 PM
 #16

Do not click the link guys, no one knows if that link could have malicious code inside, and nowadays, it is very risky to click on external links, specially on this forum, where there is targetted traffic.
Just an advice, if you want to post it, just quote.


Actually i dont know how to identify malicious link or not because it is just look the same for me. However i always take care about any link since i dont know its malicious or so i simply not click to prevent something i dont want.
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January 15, 2018, 10:29:35 PM
 #17

there are so many other reports stating that btc will die and it is a bubble than when people read it they withdraw their money and dump btc making the rich to collect from bottom.
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January 15, 2018, 11:00:52 PM
 #18

I saw that already but you know buddy banks hate cryptocurrency that's why they are issuing news like that o matter what happens never stop dreaming and always find your solution that will give you a sweetest dream you will have in cryptocurrency.
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January 15, 2018, 11:08:16 PM
 #19

Of course Bitcoin will die... one day in the future. And also the Citibank will day... one day in the future. There are no immortal entities here.
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January 15, 2018, 11:10:25 PM
 #20

Even it said in news still we can enjoy now so better to forget that news because nothing gonna happen
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