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Author Topic: Is Bitcoin for the people or for the corporations?  (Read 3046 times)
asayoyaasa
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November 13, 2018, 11:45:14 AM
 #41

At the market we can see little trader and big trader, both of them have one purpose, at least they get profit from the trade. Don't worry if you just have little amount, if you can control your money management that not be the problem.

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burky156
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November 13, 2018, 11:59:07 AM
 #42

I think the bitcoin is for people and the corporations, for everyone.. Ofcourse you have to know how to use, how to evaluate and how to safe it. I am using the bitcoin beause it is good, safe and easy for me. Those corporations and companies which use bitcoin they have same answers. Ofcourse there are many companies that they don't use it because they can't have any benefits of it.
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November 13, 2018, 12:03:29 PM
 #43

Bitcoin is really meant as a way of payment for the people. Although its price has increased and demands also, anyone can use it in any way that they can. It is not just for corporations, it is for everyone, especially to those who believe in it.
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November 13, 2018, 12:11:09 PM
 #44

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 who can understand and use it with digital currencies. until now there has been no prohibition for us to buy bitcoin. it's true that many companies are currently interested in crypto currencies, in my opinion it will be better for the future

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November 13, 2018, 12:56:33 PM
 #45

On my own opinion bitcoin is for every one. Both people and corporations can have or can use bitcoin. Bitcoin can use in many aspects. In corporations I think they are more to stock as an one of their assets. They are also hoping for a good investment. But in terms of uses and function of bitcoin to people has more benefits. As a busuness investment people will have an opportunity to earn more than other business depends on what strategies that people have. Also in the mode of payment,people can use bitcois as easy and less hassle payment in every transactions that they do for more convenient transactions.

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November 13, 2018, 01:09:49 PM
 #46

BTC can be used by any individual or organization!
The biggest difference between Bitcoin and other virtual currencies is that their total quantity is very limited and extremely scarce.
People firmly believe that holding BTC will change the present life!
I think bitcoin is good for individuals and groups. there are many people who have just played and have had a long time or experience. all also have the same goal to gain profit. and many people hold bitcoin.
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November 13, 2018, 01:25:06 PM
 #47

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 the people who believes in it. We all know that there are companies who wants to take advantage of the crypto currencies but i think there just a few because no company will risk their capital in a high risk investments specially of their operation has a higher expectation in the returns.

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November 13, 2018, 01:37:44 PM
 #48

Bitcoin was created for use in the 4.0 technology, Blockchain technology. So it targets all users.
However, Bitcoin has not been legalized in some countries. So widespread use is difficult.
Bitcoin will have a bright future, so companies have invested heavily in it and hope to be rich later on thanks to it.
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November 13, 2018, 01:45:00 PM
 #49

from the beginning bitcoin is for people, but over time, because bitcoin is very potential to be developed again, many companies want to accommodate bitcoin because of their knowledge of bitcoin which is very profitable

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November 13, 2018, 02:27:17 PM
 #50

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?

simply because the targeted market are not accepting crypto as an alternative to fiat. poor and not-informed people dont even care about the differences of crypto and fiat. at the end, it taken up by big whales and institution. rebrand it and sell it to the masses. all trend starts when a group of people with enough money. poor people will just follow whatever given to them.
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November 13, 2018, 02:41:28 PM
 #51

we are not worried, even we are happy, because we can take profit when bitcoin is adopted by large companies, such as Microsoft and Samsung.

and basically, Bitcoin for everyone. not only for large companies.

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November 13, 2018, 02:46:26 PM
 #52

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?

Do you mean that financial institutions have invested in bitcoin?
What's the problem if bitcoin is more adopted? Every person, company or institution are welcome. Bitcoin belongs to every one. This is the benefit of decentalization. No one is banned.

If you mean bitcoin is controlled by some institutions, you are wrong. That's impossible.

Don't worry and enjoy the world of cryptocurrencies.
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November 13, 2018, 06:05:13 PM
 #53

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?

No matter the big financial institutions that joined Bitcoin investment, it will always and always be for everyone. All crypto enthusiasts have full right to trade and handle Bitcoin as they wish thus we have nothing to worry about.

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November 13, 2018, 06:25:16 PM
 #54

Bitcoin is mean for individual people to use but many corporations adapt and mostly make it to media.
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November 13, 2018, 06:30:10 PM
 #55

The main purpose of Bitcoin is for the people to have freedom on their funds without the need for a third party. What happened seems to be the opposite. Institutions and big players are being accused of making big moves and causing waves across the cryptosphere. Manipulation is always present when it comes to money and profit. We cannot evade those things, we just have to ride with the wave.
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November 13, 2018, 06:40:03 PM
 #56

For both! I found alot of people and companies here https://citaorguk.com/ and some good blogs too...
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November 13, 2018, 06:46:28 PM
 #57

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?
Whoever wants Bitcoin, he or it can own. The question seems very amateurish, so if you can get Bitcoin from any exchange today without any problems, so there is no difference. If the problem is related to being expensive and if you didn't get it when price was low, then you must agree that the issue is about you.
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November 13, 2018, 07:44:39 PM
 #58

Bitcoin (and cryptocurrencies really) started and became popular because of Silk Road. Galker and Slashdot both published articles explaining how to use bitcoin to make drug purchases on Silk Road. The “people” were using it to circumvent the government’s stranglehold on the purchase of controlled substances.

Massive numbers of people buying on Silk Road caused a continual increase in the exchange rate. The constantly increasing value, combined with illicit exchanges willing to ignore government regulations pertaining to money laundering, created the perfect growth medium for scammers. Fraudulent services and businesses of all kind began springing up around bitcoin. Bitcoin then evolved from a “tool of freedom for the people” to the “greatest criminal invention of all time”.

Several visionary’s understood that they could convince VC money to invest in this new profitable commodity. One of the most notorious of these new investors was the Winklevoss twins. They gave a later convicted felon a large injection of cash to operate an exchange called Bitinstant. The owner/operator of Bitinstant was summarily arrested and convicted of laundering illegal drug money. Attempting to recapture their investment, the Winklevoss twins distanced themselves from Bitinstant and went on to submit an application to the SEC to run their own exchange which was rejected twice. I suppose that makes the Winklevoss twins the dumbest VC investors in the history of the world.

Many young tech savvy bitcoin users (with dollar signs bouncing in front of their eyes) kept soliciting VC money from anyone that would listen. Because venture capital only cares about growth potential, many were drawn to the lofty promises made by starry-eyed bitcoiners. Big money was now investigating bitcoin like never before. This close scrutiny made them realize that the blockchain (distributed database) used by bitcoin was the real prize, not bitcoin the token. A frenzy began where everyone connected with databases in any form or for any purpose wanted to use “blockchain technology” to make themselves rich. Everything from smart contracts, to home sales, to chocolate pudding was going to be using “blockchain technology” from now on. I’m pretty sure Bill Cosby even used blockchain technology to rape a couple of women.

So where does that leave bitcoin? All of the media attention revolving around “bitcoin’s blockchain technology” started creating feverish buying and hoarding around the world by fools that did not realize bitcoin is unnecessary to use blockchain technology. All the while, mining scams, exchange scams, hacks, long cons, scammers and even kidnappings became a plague on bitcoin. The thieving was so good and easy that people began making their coins to recreate the good old days of bitcoin crime. Titcoin, mooncoin, dogecoin, and hundreds more sprang up in cryptoland like someone dumped a pile of manure on a Casascius Coin and grew them.

Media attention and the ETF blunders of the Winklevoss sent the money grubbing brains on Wall Street spinning with dancing sugar plums and dollar signs. This is leading us to Bakkt. Bakkt will be the final nail in the coffin of “bitcoin-the people’s decentralized money” and began the “bitcoin-the centralized pride of Wall Street”. This progression really began when unregistered money laundering exchanges were attacked worldwide. The days of TradeHill, Bitinstant, MtGox and BTCe are long behind us now. Enter the days of AML/KYC, two forms of government ID and big brother. Bitcoin is no longer the “people’s money” it fully belongs to corporations and government regulation. I shed a tear for what could have been.

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November 13, 2018, 08:29:40 PM
 #59

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?
We shouldn't have to worry about the happenings were cooperate organizations are now taken over the freedom that was meat for the people. To be frank with you mate, the freedom is still meant for us the people and not the cooperate societies. In my own view, am holding many couple of cryptocurrencies in my possession, so, am still in control and still got the freedom i needed. The power is for us both as individual and cooperate.
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November 13, 2018, 08:30:11 PM
 #60

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?

Nope. its because at the first place bitcoin is to all of us. It can be used of every individual people. I can be claimed by the financial institution. We should not be worried because it will not take over from us.Bitcoin is for everyone and not for those huge companies because we make it become known in this industry while some huge comapnies thinkin if it will help their product to grow.

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