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Author Topic: Is Bitcoin for the people or for the corporations?  (Read 3053 times)
mornabo
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December 04, 2018, 01:39:12 AM
 #221

When Bitcoin and other crypto-currencies first came out, everyone were saying that it was for the people to get their financial freedom. Now, it seems like it's being taken over by big financial institutions. Should we be worried?

I think we should not worry if finance institution investing their funds in bitcoin or cryptomarket. As long the price increasing again and make market more attractive, i think anybody or any institution can join in cryptomarket
of course we are worried because more and more institutions with unlimited capital can certainly control a market in crypto for their profit? whereas we are ordinary users with little capital, of course only as additional small players and there is no meaning in the market
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December 04, 2018, 03:28:37 AM
 #222

When Bitcoin and other crypto-currencies first came out, everyone were saying that it was for the people to get their financial freedom. Now, it seems like it's being taken over by big financial institutions. Should we be worried?
If bitcoin is for the corporation , institutions or company , .. I think it is a good sign for bitcoin and the cryptocurrency market because it is used by big organizations, in the future it will become more popular and the market participants will benefit. So why do we have to worry about that?
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December 04, 2018, 03:38:59 AM
 #223

I think there is nothing we need to worry about, because indeed bitcoin is created for everyone and anyone can use bitcoin or have bitcoin without any exceptions. Until now, I see that bitcoin is more widely used by people and many people save bitcoin, so it seems like we don't need to worry that bitcoin will be dominated by one particular company. The most important thing is how we can benefit through bitcoin, and especially how we can get big profits through bitcoin.
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December 04, 2018, 06:54:33 AM
 #224

When Bitcoin and other crypto-currencies first came out, everyone were saying that it was for the people to get their financial freedom. Now, it seems like it's being taken over by big financial institutions. Should we be worried?

I think its because people can hold their bitcoin and selling their coin at cheap price. Finance institution must be seeing this opportunity and buying bitcoin at cheap price. I think as long we are holder, we should not worry about this because it will profitable for us in the future

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December 04, 2018, 11:28:10 PM
 #225

Bitcoin is for everybody including individuals and corporations because both these entities both these entities can make transactions using bitcoins. No one entity can claim ownership of bitcoin because it is a decentralized cryptocurrency.

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December 05, 2018, 08:39:30 AM
 #226

Bitcoin was created to ease the stress financial transactions as often experienced in the banking sector, thus I can say it's for all, irrespective of your financial capabilities. But as peculiar to human, the rich always want to be in control of all situation.
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December 05, 2018, 08:51:37 AM
 #227

When Bitcoin and other crypto-currencies first came out, everyone were saying that it was for the people to get their financial freedom. Now, it seems like it's being taken over by big financial institutions. Should we be worried?
Bitcoin is for everyone not only for the corporations, wealthy individuals or big players but it is for everyone. Take note that no one has full control of Bitcoin itself but the community. Community is composed of low, medium and high class individuals that varies from an enthusiasts, investors, traders and whatever we called others in this Bitcoin community. I don't think if we need to worry about financial institutions taking over what we have started because we all know they can't even control it themselves.



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December 05, 2018, 09:13:03 AM
 #228

I think bitcoin is for everyone both individual and corporate bodies. Yes, bitcoin ensures financial freedom which is its primary purpose but the adoption of bitcoin by the corporate world will not stop it from achieving that. I believe the more corporate adoption we have the better for the bitcoin survival. We need these bodies to come into cryptocurrencies.
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December 05, 2018, 09:40:06 AM
 #229

Bitcoin is for those who strives even a people or a corporation. There are no clear spicification if whom should have a bitcoin but for those understand it.

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December 05, 2018, 02:02:18 PM
 #230

Say it again, with so many doubters and many people making bad comments on Crypto at large but now see where we are now. Everyone is yearning to get their financial breakthrough with the help of BTC and others. Bitcoin is for all, never be worried that much since individually how far can we take BTC. More hands on deck is necessary.

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December 05, 2018, 03:08:26 PM
 #231

it's useless if we worry about bitcoin. bitcoin can be used for everyone. people can earn money with bitcoin and big investors can also use bitcoin to introduce their business. so it's very wrong if someone says that bitcoin is only for entrepreneurs, who have a lot of money. Blockchain technology is made to make it easier for everyone, and everyone can adopt Bitcoin. so don't worry too much.

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December 05, 2018, 03:24:01 PM
 #232

It is good concern about the freedom offered by bitcoin is raised since financial institutions and regulatory bodies are taken over the use of bitcoin, it purpose of giving freedom  will be lost. Bitcoin is now controlled by big corporate bodies and miners.

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December 05, 2018, 04:19:06 PM
 #233

Well, in the end, the same corporations are formed by people, even if you don't want to involve the business side here, there will always be people and companies interested in getting their share, so it is inevitable, just try to superimpose our will as a community to give good use to bitcoin.

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December 05, 2018, 05:55:23 PM
 #234

When Bitcoin and other crypto-currencies first came out, everyone were saying that it was for the people to get their financial freedom. Now, it seems like it's being taken over by big financial institutions. Should we be worried?


People actually got financial freedom. Since they can now make payments in cryptocurrency. That is, without resorting to the services of the bank. Financial institutions also use cryptocurrencies for their own purposes. I see no problems.

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December 05, 2018, 06:17:38 PM
 #235

I guess it is for everyone. Except a corporation has more money to play with. Let say 4000 bucks for a person is rather big sum to loose, and not that much for a company.
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December 05, 2018, 09:45:51 PM
 #236

Well, we have nothing to worry about.If large corporations are players in this market,it will benefit everyone.And Bitcoin and its users.Price and popularity instantly rise to the desired heights.

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December 05, 2018, 09:50:14 PM
 #237

Bitcoin users will not lose anything from this.We need growth without attracting large investors, we will not be able to achieve this.Bitcoin should be available to everyone.It'll help us grow with him.The Corporation will provide a very large infusion.That's exactly what we need right now.

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December 05, 2018, 09:58:51 PM
 #238

Well, some people took it as an opportunity to make up an organization with the bitcoin opportunity. Some have even made the exchange advantage like a ponzi scheme, advertising it on air(radio and television) for people to invest and get more over certain period.
What I think is everyone who has grabbed the opportunity should do well, while it lasts, before those gluttonous so called  corporation pollute it.
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December 05, 2018, 10:09:22 PM
 #239

In my own opinion bitcoin is for everyone. Both people and corporations can benefit having it. There are different things that bitcoin can help us. It can give you extra income, invest money which make it double and transact different payments easily.
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December 05, 2018, 10:30:47 PM
 #240

When Bitcoin and other crypto-currencies first came out, everyone were saying that it was for the people to get their financial freedom. Now, it seems like it's being taken over by big financial institutions. Should we be worried?

In my opinion, we don't need to worry because a lot of bitcoin is actually not only held by companies or institutions. Indeed some companies or institutions also hold large amounts of bitcoin because they are king of capital so they can buy as much bitcoin as they want. But bitcoin is still held by people and played for trading. Indeed the bitcoin movement is not much because most people only become bitcoin holders. Although bitcoin is held by companies or institutions in large numbers but if they cannot play the bitcoin movement then the bitcoin will only become a deposit. Let bitcoin be decentralized and move accordingly. Not only as a holder but playing actively on the market. The more people playing on the market, especially playing bitcoin, the market will recover faster. Remember that the price of all crypto currencies depends on the price of the bitcoin so if bitcoin is only held then the market will also be stagnant.

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