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Author Topic: What are the options for the future?  (Read 20156 times)
bedford1972
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April 29, 2018, 10:15:57 PM
 #21

Seeing as the world governments has opened their eyes for crypto,
and now cracking down on ICOs, exchanges, and crypto in general..

I fear that crypto already has been breached, and is controlled and manipulated by the 'banks'.
Since crypto is theoretically unstoppable, instead of fighting against the system, they could simply have obtained a large amount and
can keep the price controlled, and never allowing an outbreak bad enough to damage their system?

with 'banks' I'm referring to the banking industry/very rich people in general, who one way or another
profits from the current economical model, often by being middlemen, or 'earning money from nothing'.

By ruining the reputation of bitcoin/crypto in general, the average person would likely never touch it.
If p2p currency ever was adopted worldwide, it'd be a huge change for the current economical model, which of course, many top players wants to prevent.

What are the things that could happen? What are the alternatives?
Creating a new currency wouldn't work, if we assume that the banksters would be aware of it and therefore they could get a controlling part of it.
So we're 'stuck' with bitcoin, and can only hope that the coins itself are spread enough to not be controllable?
Most likely, banks and big players will accumulate their fortune, as they do with Fiat money. In the future, they will begin to issue loans in cryptocurrency, resell assets or simply spend them, which will spread the cryptocurrency. In General, the money flow scheme will remain the same, only the way of tracking them and implementing and conducting business and other financial institutions will change.

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April 29, 2018, 10:31:33 PM
 #22

develop what I do and continue to explore the world of kryipto because this is very important for my future and I am sure that what I am doing today can not be stopped for a very long time
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May 01, 2018, 01:31:46 AM
 #23

Seeing as the world governments has opened their eyes for crypto,
and now cracking down on ICOs, exchanges, and crypto in general..

I fear that crypto already has been breached, and is controlled and manipulated by the 'banks'.
Since crypto is theoretically unstoppable, instead of fighting against the system, they could simply have obtained a large amount and
can keep the price controlled, and never allowing an outbreak bad enough to damage their system?

with 'banks' I'm referring to the banking industry/very rich people in general, who one way or another
profits from the current economical model, often by being middlemen, or 'earning money from nothing'.

By ruining the reputation of bitcoin/crypto in general, the average person would likely never touch it.
If p2p currency ever was adopted worldwide, it'd be a huge change for the current economical model, which of course, many top players wants to prevent.

What are the things that could happen? What are the alternatives?
Creating a new currency wouldn't work, if we assume that the banksters would be aware of it and therefore they could get a controlling part of it.
So we're 'stuck' with bitcoin, and can only hope that the coins itself are spread enough to not be controllable?
Most likely, banks and big players will accumulate their fortune, as they do with Fiat money. In the future, they will begin to issue loans in cryptocurrency, resell assets or simply spend them, which will spread the cryptocurrency. In General, the money flow scheme will remain the same, only the way of tracking them and implementing and conducting business and other financial institutions will change.


Isn't part of the whole crypto 'movement' to kinda make all middlemen irrelevant?
Loans - sure, that'll probably always exist
but that makes up a very small part of the economical industry that Are to be redundant if crypto becomes adopted?

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Lakshitha1977
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May 01, 2018, 01:49:48 AM
 #24

I fear that crypto already has been breached, and is controlled and manipulated by the 'banks'.
Since crypto is theoretically unstoppable, instead of fighting against the system, they could simply have obtained a large amount and
can keep the price controlled, and never allowing an outbreak bad enough to damage their system?

Crypto can be stopped, not only theoretically but practically, If every government rule against Crypto currency, there will be no one to use them and the market will be disappeared as we know it.


with 'banks' I'm referring to the banking industry/very rich people in general, who one way or another
profits from the current economical model, often by being middlemen, or 'earning money from nothing'.

By ruining the reputation of bitcoin/crypto in general, the average person would likely never touch it.
If p2p currency ever was adopted worldwide, it'd be a huge change for the current economical model, which of course, many top players wants to prevent.

Problem is not with the currency , or governments or banks, but the USERS, when they mis use the system governments have no option but to stop people from using it , as much advantageous that crypto is Decentralized, it also the biggest weakness, without a way to track, few people / not more than few use crypto for illegal purposes and that is wrong in every way.

What are the things that could happen? What are the alternatives?
Creating a new currency wouldn't work, if we assume that the banksters would be aware of it and therefore they could get a controlling part of it.
So we're 'stuck' with bitcoin, and can only hope that the coins itself are spread enough to not be controllable?

The best option is make a system that is traceable by at least some responsible officials or organizations, not making a system that is completely decentralized. many people say it's a advantage, but that is the downfall of crypto , humans need some sort of control over them otherwise they are tend to go wild. so as much as we love decentralized system, there must be a way to track who used transactions for what. that way it will be positive for crypto users in the long run.

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May 01, 2018, 03:09:19 AM
 #25

The future determines early on and may need to be able to read future opportunities for a better life in the future and bitcoin is a great opportunity for the future.
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May 01, 2018, 03:26:35 AM
 #26

I think the best way of the banks is not to crack the crypto industtry because its already booming even without the banks in the middle of it. The best way they can do is to make another platform that also base on crypto and the concept is still a banking system with the currency of crypto at the same time fiat money and for me this is quite amazing platform.


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johncartersr
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May 01, 2018, 03:33:46 AM
 #27

Ask yourself this one question: why would they crash the crypto market, when they could do the exact opposite with all that power? We know some of the banks own Bitcoin and are looking to acquire more, which to me implies a positive signal. I doubt they would crash their own money at that point, as they stand to gain more from making Bitcoin increase.
Juggy777
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May 01, 2018, 03:34:15 AM
 #28

Bitcoins is and always will be the future, it's designed for that purpose only. Now coming to your question governments have tried it in the past to create fud and they have failed. Bankers have stopped accepting bitcoins but then again did a U turn, so just sit back and see your coins rise. I'm not worried at all about bitcoins cause I know they're the future.
realcrypto
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May 01, 2018, 03:46:00 AM
 #29

There is no time that it will be too late for anyone to buy bitcoin. Though people from the bank and some of the government official that are trying to fight bitcoin. Most of the FUD and bad news are simulated them so that those that are ignorance and do not have better understand of cryptocurrency will  dump for them to buy.

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May 01, 2018, 03:46:55 AM
 #30

We cannot determine what is the future of bitcoin because we all know that bitcoin is designed for it's purpose only. Now we are experiencing the bad side of bitcoin, we should be wise and we should not expect on the things that we know will never happened.
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May 01, 2018, 03:58:25 AM
 #31

Crypto can be stopped, not only theoretically but practically, If every government rule against Crypto currency, there will be no one to use them and the market will be disappeared as we know it.
There can't be an outright 'rule' against cryptocurrency. At least not a countrywide ban in most democracies. That will be against the spirit of freedom of choice and profession that democracies tout as their specialties. Using bitcoin to transact anonymously will still be limited to peer to peer transfers only. This is something that nobody should have a problem with. It is much harder than you think to contain the power of a user-generated and user-validated currency.

--snip--
as much advantageous that crypto is Decentralized, it also the biggest weakness, without a way to track, few people / not more than few use crypto for illegal purposes and that is wrong in every way.

The best option is make a system that is traceable by at least some responsible officials or organizations, not making a system that is completely decentralized. many people say it's a advantage, but that is the downfall of crypto , humans need some sort of control over them otherwise they are tend to go wild. so as much as we love decentralized system, there must be a way to track who used transactions for what. that way it will be positive for crypto users in the long run.
You are falling for the government arguments of painting bitcoin with the "money-laundering, criminal activities" button. Crime and evil will always be there. With bitcoin or without bitcoin. Do you think drug dealers and traffickers will stop operating if they can no longer use bitcoin??

I appreciate your concern but you have it totally backwards if you think solution is to enable a way to "track" the usage of crypto by some trusted/responsible officials or organization. This is not what bitcoin is about. You already have fiat for that.

The choice that crypto gives you is to make a p2p transaction to whomever you want in the world without having to go through the hoops of currency exchanges. It allows countries to come out of a perpetual cycle of debt and misery by loosening the control that the trio of Central banks, Wealthy businesses and Politicians have over the working classes. I'd suggest you to read more on these aspects than falling for the bank/ authorities created FUD (Fear, Uncertainty Doubt)

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May 01, 2018, 04:05:22 AM
 #32

Dont worry. eventually everyone will join blockchain!
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May 01, 2018, 11:08:25 AM
Last edit: May 01, 2018, 01:45:51 PM by maxim000
 #33

Crypto is the future currency, I do not care for its volatility and turbulence. If I can hold, if I can keep patience and do not panic when the market crashes, if I remain vigilant and gather all the knowledge how to keep it safe and how to keep it growing, surely it would mean having a secure future. Looking back at the past, how it hiked to its zenith and how it crashed and the way it recovered giving an insight into the journey of crypto world and a promising future.
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May 05, 2018, 05:02:22 PM
 #34

I think it's a political player and not to be politically destructive. We should not hear any unpleasant news and I'm sure the government will give me a good solution. I think bitcoin will be a future investment and I'm sure the government will support our vote and not politics. to intervene
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May 08, 2018, 02:40:07 AM
 #35

Crypto can be stopped, not only theoretically but practically, If every government rule against Crypto currency, there will be no one to use them and the market will be disappeared as we know it.
There can't be an outright 'rule' against cryptocurrency. At least not a countrywide ban in most democracies. That will be against the spirit of freedom of choice and profession that democracies tout as their specialties. Using bitcoin to transact anonymously will still be limited to peer to peer transfers only. This is something that nobody should have a problem with. It is much harder than you think to contain the power of a user-generated and user-validated currency.

--snip--
as much advantageous that crypto is Decentralized, it also the biggest weakness, without a way to track, few people / not more than few use crypto for illegal purposes and that is wrong in every way.

The best option is make a system that is traceable by at least some responsible officials or organizations, not making a system that is completely decentralized. many people say it's a advantage, but that is the downfall of crypto , humans need some sort of control over them otherwise they are tend to go wild. so as much as we love decentralized system, there must be a way to track who used transactions for what. that way it will be positive for crypto users in the long run.
You are falling for the government arguments of painting bitcoin with the "money-laundering, criminal activities" button. Crime and evil will always be there. With bitcoin or without bitcoin. Do you think drug dealers and traffickers will stop operating if they can no longer use bitcoin??

I appreciate your concern but you have it totally backwards if you think solution is to enable a way to "track" the usage of crypto by some trusted/responsible officials or organization. This is not what bitcoin is about. You already have fiat for that.

The choice that crypto gives you is to make a p2p transaction to whomever you want in the world without having to go through the hoops of currency exchanges. It allows countries to come out of a perpetual cycle of debt and misery by loosening the control that the trio of Central banks, Wealthy businesses and Politicians have over the working classes. I'd suggest you to read more on these aspects than falling for the bank/ authorities created FUD (Fear, Uncertainty Doubt)



Just about your first point, sure you're right, but if something would happen that basically forces exchanges to block out a lot of people(for example this SEC-hearing that apparently was fake),
that'd do a lot of damage to crypto as a whole? Sure, if only USA was 'banned' then it'd not be too bad in the long run, short-term it'd still be very noticeable.
However, my point is just that sooner or later, after such an event, it'd possibly eventually die out?
If it one way or another became very difficult to buy crypto, that means a large part of all the regular people who just wants to 'invest', would be locked out..
what's left? the early days of BTC where people were just sending them to other "enthusiasts". It seems like long-term, such a system would die out?
Like the quote from Satoshi that in 20 years there's either lots of volume or no volume.
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May 12, 2018, 04:33:26 PM
 #36

Depending on the expiration cycle, some futures options expire to cash, while others expire to the underlying futures contract. Futures options will expire into cash when the options and futures expire in the same month. If the options and the future expire in different months, the options settle to the future
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May 12, 2018, 04:40:47 PM
 #37

Our choice today determines our future therefore I choose bitcoin because it has the certainty of the future Certainty of a decent life.
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May 12, 2018, 04:45:17 PM
 #38

there will be a similar situation with the Internet. Every year people will get used to bitcoin more and more
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May 12, 2018, 04:45:39 PM
 #39

Whatever the banksters or nouvea riche may do, it cannot stop the growth of crypto. This is just the beginning, they cannot beatit so they will be forced to join in crypto investment.
If a crypto stops at a point then I'm sure they do not love crypo wholeheartedly and they feel compelled to join in a crypto investment.
Crypto is ideal to be a source of income so I'm sure they can trust the crypto rules.
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May 17, 2018, 08:36:04 AM
 #40

Depending on the expiration cycle, some futures options expire to cash, while others expire to the underlying futures contract. Futures options will expire into cash when the options and futures expire in the same month. If the options and the future expire in different months, the options settle to the future

That was a bit confusing to me, sorry what do you mean?  Shocked

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