New hate wave?

[juragane]

Bitcoin (BTC) received another negative assessment from central banks, this time Benoit Kerere from the executive board of the European Central Bank (ECB), calling the original cryptocurrency “an evil offspring of the financial crisis,” reports the Financial Times. That can be found on the network recently. Bitcoin fell and fiat experts immediately started a new wave of hate, do you think bitcoin will recover soon?

bitcoin cannot be destroyed by world banks, because the existence of bitcoin is very dependent on business people who use bitcoin. so if we observe the market that will determine the fate of bitcoin. if we see countries affected by inflation that are very high such as venezuela and other countries their entrepreneurs start using bitcoin in every trade between countries, because they consider bitcoin to be safer and accepted in almost all countries. so in the future the fate of bitcoin will remain good, because it can be an alternative currency.

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[Iceblast]

Bitcoin (BTC) received another negative assessment from central banks, this time Benoit Kerere from the executive board of the European Central Bank (ECB), calling the original cryptocurrency “an evil offspring of the financial crisis,” reports the Financial Times. That can be found on the network recently. Bitcoin fell and fiat experts immediately started a new wave of hate, do you think bitcoin will recover soon?

Analysis like anything will not change BTC into the brink of collapse, because now the BTC position is good and if BTTC is destroyed I think it is just an issue that makes the atmosphere bad. You don't have to believe it and BTC will definitely go up.

[Bonsaiav]

Bitcoin (BTC) received another negative assessment from central banks, this time Benoit Kerere from the executive board of the European Central Bank (ECB), calling the original cryptocurrency “an evil offspring of the financial crisis,” reports the Financial Times. That can be found on the network recently. Bitcoin fell and fiat experts immediately started a new wave of hate, do you think bitcoin will recover soon?

I think the price of bitcoin will recover until at a time limit that we cannot determine, for 2019 maybe bitcoin will grow slowly meaning that it will not grow as fast as we expected, this's due to a prolonged decline like what happened in the year 2018 until entering the first quarter of 2019. So it's very reasonable if the wave of hatred grows in the minds of investors who have long been tired of waiting for the recovered bitcoin price.

[Kakmakr]

Jamie Dimon, the chairman and CEO of JPMorgan Chase, has been doing this for years and now suddenly his company are bringing out their own shitcoin. We seem to make enemies who admire us so much, that they need to copy us to stay competitive.    The central banks is not in any way different to any normal Bank out there, they know that fiat currencies are failing and that Bitcoin has a huge advantage over them. <Bitcoin solve inflation problems / Blockchain technologies are more flexible / Bitcoin is borderless / Cheaper to use etc.>

Let them hate all they want. We laugh at negative comments from our competition, because it's origin is based on jealousy and greed and also panic. 

[Carrelmae10]

..Bitcoin have gone so far..as days passed by,,Bitcoin suffers through a tremendous cynicism that causes distrust to the public..but this is not the hindrance for Bitcoin to achieve what it have now...the invention of Bitcoin gives treath to many banks to get rid on it..but that is the criticism and opinions of many so we should respect it..if we will defend and believe in the power of Bitcoin and on what it would give it to us,,then all these bad comments,criticism etc will be replenish by a good thoughts and positive trust to the public.

[OnceTwiceThird]

Really bad news when we faced with many most important people still keep hate with bitcoin and cryptocurrency, how ever bitcoin is really higher best option for investing at the future asset and always have chance for getting profit.

[Apes]

everyone expect btc to immediately get a bull run. but to lift BTC from the current crisis is from BTC users to be able to invest and pump together. By pumping BTC I think it can increase the price of BTC. but what must be avoided is the whale. who are looking for profit but instead dumping btc price.with the current BTC crisis. I would not be surprised if many people or news office reported negative things. which made investors hesitant.

[malikusama]

Banks never supported cryptocurrencies from the beginning and they will never support it in future because use of cryptocurrencies will leave conventional banking system useless.
This heat wave is not new one, it is old heat wave with new heating techniques  , they are trying their best to decrease the popularity of cryptos among public.
Cryptos are not related to this banking system, so there will be no effect of it, and soon bitcoin will recover the price.

[Wildwest]

I think bitcoin will recover soon in 2019, since the birth of bitcoin there have been many haters, but bitcoin is still growing and never dies. Bitcoin will be the future in digital currency, we'll see

[Canoppo99]

Bitcoin (BTC) received another negative assessment from central banks, this time Benoit Kerere from the executive board of the European Central Bank (ECB), calling the original cryptocurrency “an evil offspring of the financial crisis,” reports the Financial Times. That can be found on the network recently. Bitcoin fell and fiat experts immediately started a new wave of hate, do you think bitcoin will recover soon?

It will recover but I don't know when, I think bitcoin is not an evil offspring of the financial crisis, bitcoin has helped so many people to change their life to be better, right? Don't hear them, hater gonna hate.  Almost all of countries have debt, the crisis is happen when people use fiat money not bitcoin.

[pushups44]

Bitcoin (BTC) received another negative assessment from central banks, this time Benoit Kerere from the executive board of the European Central Bank (ECB), calling the original cryptocurrency “an evil offspring of the financial crisis,” reports the Financial Times. That can be found on the network recently. Bitcoin fell and fiat experts immediately started a new wave of hate, do you think bitcoin will recover soon?

That's funny, because with debt levels soaring among EU countries, and with the Brexit issue, many are questioning the viability of the European Central Bank and the euro. I think the ECB has bigger fish to fry than bitcoin, and I don't think bitcoin poses a risk to the euro in the near term. I think there could be a worry among central bankers as to whether it will become a significant competitor maybe five or 10 years out.

[Meysa_richa]

hatred is very influential on the price of bitcoin, but I still strongly believe in the price of bitcoin to recover with a better price.

[EriksonPartners]

This seems very logical. Banks always find a way to hate on bitcoin since they don’t like how much they are loosing their control over people and their finances. I do hope though that in future they’ll find a way to work together. I mean, they’ll have to, since times are and will be changing.

[BTMBitcoinVN]

Bitcoin (BTC) received another negative assessment from central banks, this time Benoit Kerere from the executive board of the European Central Bank (ECB), calling the original cryptocurrency “an evil offspring of the financial crisis,” reports the Financial Times. That can be found on the network recently. Bitcoin fell and fiat experts immediately started a new wave of hate, do you think bitcoin will recover soon?

The negative statements are making the image if Bitcoin taited to the public - yes.

But

The financial institutions relentless fighting and hate towards bitcoin and altcoins, could actually be a sign that we are gaining more and more traction.
It's obvious that financial institutions are gonna fight a new technology that threatens their businessmodel. A technology that gives the population power to avoid the expensive and slow shit services these institutions offer.

All that is needed is the spread of this consensus to the general population - unfortuneately institutions like ECB has an easier channel for spreading their narrative, but we have the superior tech

[greeklogos]

The main point that an opinion of such well known and powerful bank may has influence on bitcoin users and possible users (people who didnt join crypto yet). I do not understand why such big institutions as central bank sees only bitcoin's disadvantages? What about fast and cheap transactions and extra income?!

[gabmen]

Bitcoin (BTC) received another negative assessment from central banks, this time Benoit Kerere from the executive board of the European Central Bank (ECB), calling the original cryptocurrency “an evil offspring of the financial crisis,” reports the Financial Times. That can be found on the network recently. Bitcoin fell and fiat experts immediately started a new wave of hate, do you think bitcoin will recover soon?

That's funny, because with debt levels soaring among EU countries, and with the Brexit issue, many are questioning the viability of the European Central Bank and the euro. I think the ECB has bigger fish to fry than bitcoin, and I don't think bitcoin poses a risk to the euro in the near term. I think there could be a worry among central bankers as to whether it will become a significant competitor maybe five or 10 years out.

Yeah i agree. Unless they really believe these statements will shut btc down, i don't think they see it as that big of a threat yet. Though they probably know it will eventually. There will come a time when banks will stare face to face at a crypto revolution and big bankers are probably issuing these kind of statements to prepare for that time.

[idham29]

The main point that an opinion of such well known and powerful bank may has influence on bitcoin users and possible users (people who didnt join crypto yet). I do not understand why such big institutions as central bank sees only bitcoin's disadvantages? What about fast and cheap transactions and extra income?!

Opinion is okay with the analysis of their version, but the fact proves that bitcoin has started to detach from the slump which resulted in speculation that bitcoin will be destroyed. Bitcoin rose again and prices in my country today are USD 5222, certainly a happy sign for bitcoin owners.
Indeed many economists and large institutions continue to corner Bitcoin, even saying bitcoin is a financial system nightmare that exists today. They don't want to admit that bitcoin has been used by many people in the world and merchants everywhere, even countries that have legalized more than 130 countries.

[muratsink]

I think, this is old news, and Bitcoin can avoid any negative intervention from outside. there are many countries that forbid BTC transactions, Colombia banned BTC, because the fear of crypto fraud, the Indian government banned BTC because the fear of being used for criminals, Indonesia banned BTC because BTC is a bubble and will only create a loss. but the reality today, BTC will create a golden cross in the near future. BTC will rise again.

[sgenuine]

Well the hate upon bitcoin is mainly due to the loopholes in fiat cannot be exploited to such an extent like they used to do and the bitcoin has provided a mean for privacy and security without the overhead cost of the bank and its resources.

I did not mention that somebody hates Bitcoin. People can refuse to use it and invest in the cryptocurrency, but I guess, they do not show their emotions doing it. Simply traditional money seems to them more convenient.

[DreamStage]

The main point that an opinion of such well known and powerful bank may has influence on bitcoin users and possible users (people who didnt join crypto yet). I do not understand why such big institutions as central bank sees only bitcoin's disadvantages? What about fast and cheap transactions and extra income?!

Opinion is okay with the analysis of their version, but the fact proves that bitcoin has started to detach from the slump which resulted in speculation that bitcoin will be destroyed. Bitcoin rose again and prices in my country today are USD 5222, certainly a happy sign for bitcoin owners.
Indeed many economists and large institutions continue to corner Bitcoin, even saying bitcoin is a financial system nightmare that exists today. They don't want to admit that bitcoin has been used by many people in the world and merchants everywhere, even countries that have legalized more than 130 countries.

Bitcoin is part of Blockchain thus meaning it has been proven a dozen times that life itself can be helped out with such new virtual technologies.
People are starting to understand and believing that Bitcoin is in reality something that can change their lifes in the upcoming years.
We are already more new investors, adoptations, government acceptances and actions.

It's just a matter of time till we reach the full 100% usage in the real world.