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Author Topic: The fight against Bitcoin is coming. Are we ready?!  (Read 1589 times)
pundit
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December 28, 2019, 04:01:27 PM
 #121

Why only Brett Sherman, I think many countries, big banks and other financial institutions are behind Bitcoin. There are so many hypes being created in the market by these big fishes but Bitcoin is still surviving and trading at a very good price. We just need to get together to support Bitcoin bring it to the scope of common people. I think there is nothing to worry about it. Lets take Bitcoin to another level.

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December 28, 2019, 04:37:13 PM
 #122

Why only Brett Sherman, I think many countries, big banks and other financial institutions are behind Bitcoin. There are so many hypes being created in the market by these big fishes but Bitcoin is still surviving and trading at a very good price. We just need to get together to support Bitcoin bring it to the scope of common people. I think there is nothing to worry about it. Lets take Bitcoin to another level.

They are just doing this as they have seen the potential of Bitcoin in the future and they know that the price of Bitcoin is too high now, so they wanted to bag more, so let's not get manipulated with what they are doing  in the crypto space, they are just doing this for their self interest and not for the majority.
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December 28, 2019, 04:55:13 PM
 #123

Never give up to support bitcoin in any way, because the good of bitcoin for everyone and to be the best there will definitely be obstacles and efforts to bring down bitcoin.
so far a lot of bad news or various attacks on bitcoin including fraud does not make us weak or afraid and we must prove that bitcoin is strong and will continue to survive to achieve a better future and ignore everything that tries to knock down bitcoin and adopt it in any way so bitcoin continues to grow well.
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December 28, 2019, 10:21:27 PM
 #124

There are many volunteer supporters for Bitcoin. However, bitcoin can no longer be stopped. Because it proved to everyone. There were people who didn't know Bitcoin before. Now the world heard the name of bitcoin. He won't stop.
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December 29, 2019, 08:41:06 AM
 #125

It doesn't matter at all, previously this platform faced this type of challenge a lot of times but nothing could bring anything harmful to this system, It's true that we have to raise our voice in order to give support properly and in this way, the forum would work more than any other way, I believe that Bitcoin community could take the best role regarding this issue but I do believe that Bitcoin will not face anything serious issue which is harmful to its image, let's see what will happen.

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December 29, 2019, 09:30:47 AM
 #126

Since 2017, there have been many countries and governments that have been opposing bitcoin and the cryptocurrency market, but until now, no country has actually banned cryptocurrencies because it is really difficult to control this market. And now many countries have embraced blockchain and they are researching to develop their own cryptocurrency, so I believe this market will grow strongly in the future and will be accepted by many governments

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December 29, 2019, 02:42:08 PM
 #127

This has been expected, more topics about the opposition to bitcoin will come due to its trend and the capability to have control over it. The government will soon again make their activities and create different issues about bitcoin. There is no need for preparation, we just have to stay cool and let bitcoin to make its own name.
Since 2017, there have been many countries and governments that have been opposing bitcoin and the cryptocurrency market, but until now, no country has actually banned cryptocurrencies because it is really difficult to control this market. And now many countries have embraced blockchain and they are researching to develop their own cryptocurrency, so I believe this market will grow strongly in the future and will be accepted by many governments
Because they don't have the capability to do it. Those countries just wanted to take bitcoin into their hands but no one actually succeeds. It is not about the difficulty to control it, it is because bitcoin was created to be decentralized and they don't have the capability and rights to do it.


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December 29, 2019, 03:30:55 PM
 #128

The fight was already on from before there was never a period when it was accepted as it is , the government and all they have been making a fuss out if everything since the begining therefore I do not that it would make any difference , whatever we know is that it would all come down to this only whatever we are facing.
Therefore people can see it and it will be true too since it is like a universal truth.

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December 29, 2019, 03:36:37 PM
 #129

No government of any government agency or financial institution can actually hinder or stop us or the growth of Bitcoin or us using and adopting it because that was the whole reason why Bitcoin and blockchain was created, to create transparency, less corruption and freedom.
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December 29, 2019, 03:39:17 PM
 #130

Recently Brett Sherman was nominated to chair of Investor Protection, Entrepreneurship and Capital Markets. He will surely have the power to influence bills that can get introduced into Congress. He has been incredibly anti-bitcoin and will surely try to pass bills that will stifle the growth of the industry. Also recently BIS head has been advocating Central Banks begin to use digital currencies for themselves. This will surely play out as a way to out-compete crypto.

https://www.bloomberg.com/news/articles/2019-12-05/bis-wants-central-banks-at-center-of-digital-cash-revolution

Discussion: How can they community rally together for what is to come? Are we ready for when governments restrict / sanction any capital flow into exchanges? How prepared are we for these things?
Bitcoin has always been descriminated by the government since it's feature offers decentralization making it run free without any involvement from the authority. I think we are already battling with it for long since there are some certain countries that has banned bitcoin. We already won for some reasons I guess, considering the fact that there are growing numbers of countries that are tolerating and regulating the use of cryptocurrency, regardless of planning or already implementing, like India and Venezuela.
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December 29, 2019, 04:19:41 PM
 #131

No need to worry about bitcoin, because right now bitcoin is too strong and the price is already expensive. So any attack
bitcoin will not be able to kill bitcoin. Moreover, the adoption of bitcoin every year is growing, and the number of countries
which legalize bitcoin also continues to grow. I am very sure that in the future bitcoin will be more popular and more people
who want buy bitcoin. That way the price of bitcoin will also be more expensive.

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December 29, 2019, 04:32:30 PM
 #132

No need to worry about bitcoin, because right now bitcoin is too strong and the price is already expensive. So any attack
bitcoin will not be able to kill bitcoin. Moreover, the adoption of bitcoin every year is growing, and the number of countries
which legalize bitcoin also continues to grow. I am very sure that in the future bitcoin will be more popular and more people
who want buy bitcoin. That way the price of bitcoin will also be more expensive.
The current conditions are good enough and are already very high for the price, bitcoin will continue to grow and I believe this is because growth every year keeps new people coming in and I think user growth will continue.

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December 29, 2019, 04:45:33 PM
 #133

No need to worry about bitcoin, because right now bitcoin is too strong and the price is already expensive.
price is not expensive anymore because btc is still on a dump mode  . if its price is low that also mean that it got weaker  compare to when it is on its peak  . this is bothering and many are worried  .

So any attack bitcoin will not be able to kill bitcoin.
luckily any attacks didnt kill bitcoin but those attacks only have an impact on btc  .  hopefully btc  can still endure all those future attacks that will come  .

i am worried but im still ready if someting happen to btc but the real question is , is btc itself ready for those attacks  ?
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December 29, 2019, 05:15:40 PM
 #134

luckily any attacks didnt kill bitcoin but those attacks only have an impact on btc  .  hopefully btc  can still endure all those future attacks that will come  .
i am worried but im still ready if someting happen to btc but the real question is , is btc itself ready for those attacks  ?

When we are in the old times such as being in a 2012 time frame, then we could say, that should be the time they attacked bitcoin the most when it is still weak. Because as of now, with all the nodes around the world distributed, and all the people who supports bitcoin around the world. An attack from one company or jurisdiction will not make bitcoin fall. It will just test how strong bitcoin is to resist persecution and manipulation. We all know now the capabilities of bitcoin, and for me, I can say it could withstand even a war as I've read an article stating it could withstand even nuclear attacks
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December 30, 2019, 11:46:13 AM
 #135

Recently Brett Sherman was nominated to chair of Investor Protection, Entrepreneurship and Capital Markets. He will surely have the power to influence bills that can get introduced into Congress. He has been incredibly anti-bitcoin and will surely try to pass bills that will stifle the growth of the industry. Also recently BIS head has been advocating Central Banks begin to use digital currencies for themselves. This will surely play out as a way to out-compete crypto.

https://www.bloomberg.com/news/articles/2019-12-05/bis-wants-central-banks-at-center-of-digital-cash-revolution

Discussion: How can they community rally together for what is to come? Are we ready for when governments restrict / sanction any capital flow into exchanges? How prepared are we for these things?
The fight against Bitcoin has already started since the governments realized how powerful is Bitcoin. However Bitcoin is still alive and grown up. Bitcoin cannot be defeated as long as we keep using it.
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December 30, 2019, 11:51:22 AM
 #136

He's not the first one to hold a chair and influence government against crypto and he'll surely not be the last. Until people are in support of crypto these bills can't have widespread effects.
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December 30, 2019, 11:54:04 AM
 #137

There's nothing we can do but still use the site. It is quite impossible to implement true censorship by restrictions. At the most basic level, it's just a mesh network of interconnected nodes that has the power tore-route in various ways such as proxies and virtual private networks, and similar to the internet, it won't go down as long as there's still a single node running unless every country have imposed an outright ban on internet access




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cryp24x
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December 30, 2019, 02:54:03 PM
 #138

It doesn't matter at all, previously this platform faced this type of challenge a lot of times but nothing could bring anything harmful to this system, It's true that we have to raise our voice in order to give support properly and in this way, the forum would work more than any other way, I believe that Bitcoin community could take the best role regarding this issue but I do believe that Bitcoin will not face anything serious issue which is harmful to its image, let's see what will happen.
I totally agree! We have already experienced tremendous trials and difficulties but Crypto world still remains. Some spread FUD so that people will be scared and give up their Bitcoin and sell it on its lowest price. Let us continue with our journey and help each other as a community.
tambok
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December 30, 2019, 05:09:55 PM
 #139

It doesn't matter at all, previously this platform faced this type of challenge a lot of times but nothing could bring anything harmful to this system, It's true that we have to raise our voice in order to give support properly and in this way, the forum would work more than any other way, I believe that Bitcoin community could take the best role regarding this issue but I do believe that Bitcoin will not face anything serious issue which is harmful to its image, let's see what will happen.
I totally agree! We have already experienced tremendous trials and difficulties but Crypto world still remains. Some spread FUD so that people will be scared and give up their Bitcoin and sell it on its lowest price. Let us continue with our journey and help each other as a community.

We've experienced a lot of roller coaster in the past, Bitcoin died many times, a lot of influence people telling the world that Bitcoin was a great scam, we've been upside down already and we've seen this so far, so I think we are all ready for what will happen and for sure that no matter what we will be not manipulated with those who will try to FUD again.
MarioV
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December 30, 2019, 08:26:24 PM
 #140

I think that to be truly ready against these dangers there must be real pure, ready and easy to use, DEX.
Technology and development go on, like LN for scalability and the rest for privacy.
But you really need DEX in order to completely detach from the KYC, a real brake on the diffusion of bitcoins!
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