New hate wave?

[iTradeBit]

 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?

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[Oguzksk]

There was always fucking hate! in 2017 every single bank was against to Bitcoin. Therefore, I was very skeptical about Bitcoin. None of the banks supported Bitcoin. There were always haters out there but Bitcoin has seen 19K ATH.

In 2013 Bitcoin has seen $1045 and next year Bitcoin was $207. Thats right!

2017 Bitcon was 19K and this year Bitcoin is $5,500.

You can youtube bitcoin 2013 vs 2014. You will understand what I am talking about.

[NeuroticFish]

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 price is not related to how much love it gets from banks.
As said, Bitcoin was never loved much by banks, since it makes them work more for their money.

Now the new crisis is at the horizon. So what could be the perfect target for the banks to claim as the cause for the crisis? Themselves or something they hate anyway?

[dothebeats]

These centralized financial institution would always find reasons to hate and shit on bitcoin, and there's nothing we can do about that. As bitcoin takes a huge beating on the prices, the same dudes would be too quick to lash out on the imperfections and insecurities they see on bitcoin without any regard for their own flaws. We've experienced worse cases before compared to what we're having right now, and I'm pretty sure we'll recover from this flash crash.

[aoluain]

Anything a 'central bank' says about bitcoin should be taken extremely lightly
and should be looked at as a kind of curiosity of sorts.

So this Benoit Kerere, i cannot find anything online for this person, or statement?
Can the OP post a link?

[Nissan-GTR]

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?

To be honest this is not new for everyone, starting from media to bank analysts and supporters we heard so much hate and subjective opinions which disregards the essential perspective of this community and it doesnt affect it though, the price of the cryptocurrency will never be based on the how much banks and analysts observe the success of this cryptocurrency, the mass that will believe is that matters.

[eternalgloom]

For anyone who's interested, this is the article that mentions this:
https://cointelegraph.com/news/european-central-bank-exec-calls-bitcoin-the-evil-spawn-of-the-financial-crisis

Next time, maybe add it to your post, OP.

Also interesting, from the article:

The ECB official’s stance is at odds with remarks from International Monetary Fund (IMF) managing director Christine Lagarde just yesterday. Speaking at the the Singapore Fintech Festival Nov. 14, Lagarde urged the international community to “consider” endorsing central bank-issued digital currencies (CBDC), arguing they “could satisfy public policy goals,” specifically “financial inclusion.”

[mwaqar17]

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?

Whenever there is any change in crypto related rule any where in the world, it use to effect crypto market in both ways. Well this downfall is due to this culprit bank. Now whole market will be waiting for the change in any rule on positive side. May be some other bank announce any thing in favour of crypto market, then it will be boosting whole market.

[kvipcn]

This is not something new to the Bitcoin ecosystem. If people don't understand something, they say all sort of things because of their ignorance and their inability to adapt to new technological changes. Its quite unfortunate that people who are regarded as financial experts and gurus speculate negative vibes about Bitcoin and crypto space in general. This brings about fear and panic to newbies in the crypto space.

[KingScorpio]

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 not, its not a good crypto but the encription services will remain and continue and the central banks will get into bigger and bigger pressure.

because they cause a lot of poverty

[DooMAD]

There wouldn't even be a spawn from the financial crisis, "evil" or otherwise, if the reckless banksters hadn't caused the crisis in the first place.   

To the ECB, I say don't hate Bitcoin, hate yourselves for helping to destroy the global economy.  This is on you.  If you screw it up, you need to accept the repercussions.  Bitcoin is merely the natural reaction to your ineptitude.  Cause and effect.

[ShadowBits]

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?

There will always be hate for the things they would know that would make their businesses go down someday. But I do know that somehow Banks and Cryptocurrencies would make something to collaborate both of them together.

[tomahawk9]

Don't be surprised if you start seeing some articles poping up lately hating on Bitcoin, everytime there's a big downward movement, some people take advantage of the situation and start spreading FUD everywhere, right in the middle or after a big drop, this is to futher spread pessimism around the crypto market. So, don't fall for obvious fud.

About what OP posted, it's not a surprising statement since it's coming from a centrak bank, the simply don't like the idea behind Bitcoin and what it could represent to the world economy in the future.

[hanifhadzar]

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?

Actually not something new if individuals or bank agencies criticize the performance of cryptocurrency, they even criticize more severely than this. criticism from them actually has no effect on crypto prices but it affects some investors to make panic sales. so the core of this problem is the belief of investors in adopting crypto so that prices return stable and crypto can rise again.

[enhu]

There was always fucking hate! in 2017 every single bank was against to Bitcoin. Therefore, I was very skeptical about Bitcoin. None of the banks supported Bitcoin. There were always haters out there but Bitcoin has seen 19K ATH.

In 2013 Bitcoin has seen $1045 and next year Bitcoin was $207. Thats right!

2017 Bitcon was 19K and this year Bitcoin is $5,500.

You can youtube bitcoin 2013 vs 2014. You will understand what I am talking about.

They can hate it but thay can't kill it

Yes. They can hate it all they like. But the fact that finance firms are already confirming about them investing in crypto is just a vindication for the blockchain pro.
There is no Jaime Dimon this time so they are using someone else now and yes we'll probably seeing reputable finance blogger will publish BTC hate articles soon while the price dips this low.

[XCANA]

Gotten to know that the more they hate Bitcoin, the more it price drop was unfortunate but inevitable in cryptoshere. The fact that many companies are using the coin (Bitcoin) as a form of payment has actually conquer them all. They hate Bitcoin but they love the platform that brought inn Bitcoin into power, so, they can't destroy it!.

[jabardastkid2002]

There was always fucking hate! in 2017 every single bank was against to Bitcoin. Therefore, I was very skeptical about Bitcoin. None of the banks supported Bitcoin. There were always haters out there but Bitcoin has seen 19K ATH.

In 2013 Bitcoin has seen $1045 and next year Bitcoin was $207. Thats right!

2017 Bitcon was 19K and this year Bitcoin is $5,500.

You can youtube bitcoin 2013 vs 2014. You will understand what I am talking about.

Bitcoin and virtual cryptocurrencies have been banned by my country's central bank. Every statement I get from my local bank carries a warning that any trades conducted for buying/selling crypto are liable to be withheld.

Given that this is the world's second largest country by population, it basically means that Bitcoin adoption will suffer

It also makes me think that Bitcoin is a real gamechanger. There are parts of this country that still don't have a bank for miles, but they all have smartphones. If Bitcoin was irrelevant, the banks wouldn't have been running so scared.

[Reatim]

We should get used to it by now. Because there will be someone who's always going to bash and attack bitcoin specially when we're on the downside. Similar to what Jamie Dimon last year.

But behind those guys are simply accumulating and taking advantage of this dips to get more bitcoin at a cheap price.

[Peacemaker1994]

This would not be the first time or neither would it be the last time bitcoin would be criticized when ever there is a drop it's kind of becoming and expected after math of a fall in price but the real truth is that bitcoin has the to bounce back and it would

[Slow death]

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.

Of course he will speak bitcoin badly because he must defend the rotten system that is the banks, I think it's unbelievable how these guys can be cynical and speak these things to defend their own interests, they're not worried about people, everything they want is profit from the suffering of other people. Banks encourage people to make loans so that they can make a profit, but they know that people who are borrowing will pay a very high price when they make these loans, there comes bitcoin that somehow gives more freedom to people, banks start spreading their venom against bitcoin

Bitcoin fell and fiat experts immediately started a new wave of hate

Oh, this has become something normal and I wonder if they should have this title of "experts"

do you think bitcoin will recover soon?

the price will recover