The only reason why anyone would want to see Bitcoin fail

[nuff]

is because they did not get into Bitcoin when it was in the pennies and missed the boat.

[falllling]

is because they did not get into Bitcoin when it was in the pennies and missed the boat.

no one wants to see bitcoin 's failure unless bitcoin itself is going to fail

i mean bitcoin is dropping to the final capitulation and i am ok to watch that, i won't cover my eyes / bury my head in the sand and say it isn't happening

[counter]

Or it threatens your current model of banking and control over the financial institutions over the world in one way or another.

[Dalmar]

Many banks make annual profits that are higher than bitcoin's entire market cap. I doubt they feel like they 'missed the boat'.

[nuff]

Or it threatens your current model of banking and control over the financial institutions over the world in one way or another.

If banks are smart, they would ride on the inevitable evolution of money - that money, in order to have value, cannot be infinitely created out of thin air.

[counter]

Many banks make annual profits that are higher than bitcoin's entire market cap. I doubt they feel like they 'missed the boat'.

Many bankers have been committing suicide so who knows how they feel about Bitcoin or their jobs.  I do understand your point and can't help but imagine some over privileged banker not being very concerned and this is how I'd imagine them reacting..

[Habeler876]

Or it threatens your current model of banking and control over the financial institutions over the world in one way or another.

Oh, SNAP! That was my thought exactly when reading the OP. There are some pretty powerful people who wouldn't mind seeing BTC fail. And in these early days, it is possible that it will fail on its own. For now, the protocol is strong. Onwards and upwards!

(Okay, maybe we go down first )

[Brewins]

is because they did not get into Bitcoin when it was in the pennies and missed the boat.

They want to fell superior by saying it would fail anyway, and that things that they can't understand are indeed junk that will never succed.


It is more about ego than regret

[EternalWingsofGod]

Or it threatens your current model of banking and control over the financial institutions over the world in one way or another.

This if it can outmode and compete a traditional banking system as a mechanism of exchange and payments.
Then it would be of concerns to them
That and jealous folks seems about right.

[InwardContour]

is because they did not get into Bitcoin when it was in the pennies and missed the boat.

There are two type of bicoin users, the first are the ones who hold to get rich, the others are the ones who sells to buy more at a cheaper price.

[antibitcoinconsortium]

we have done a great deal of research and of course as hackers we want the bitcoin to succeed, but its chances have gone by. we can no longer support a system where over 50% of the currency is in the hands of US government. the around 40% in the hands of big speculators and manipulators and 10% in the hands of the real users.

it is a speculative bubble that is about to collapse at this very moment.

[inca]

we have done a great deal of research and of course as hackers we want the bitcoin to succeed, but its chances have gone by. we can no longer support a system where over 50% of the currency is in the hands of US government. the around 40% in the hands of big speculators and manipulators and 10% in the hands of the real users.

it is a speculative bubble that is about to collapse at this very moment.

Activity 18. Another ignore!

[KJO]

we have done a great deal of research and of course as hackers we want the bitcoin to succeed, but its chances have gone by. we can no longer support a system where over 50% of the currency is in the hands of US government. the around 40% in the hands of big speculators and manipulators and 10% in the hands of the real users.

it is a speculative bubble that is about to collapse at this very moment.

The equity and bond markets are speculative bubbles that are about to collapse at this very moment.

FIXED!

[pork pie]

.......... over 50% of the currency is in the hands of US government.

That's rubbish. Where did you hear 50% of bitcoins are in the hands of US government? The remaining silk road bitcoins are nowhere near 50% of the coins in existence.

[jjacob]

Governments could be uncomfortable about losing their hold over the money supply.
They may not be prepared to ban bitcoin, but they would love to see it fail. 

[Habeler876]

Governments could be uncomfortable about losing their hold over the money supply.
They may not be prepared to ban bitcoin, but they would love to see it fail. 

I'd say it's very premature to be talking about "losing their hold over the money supply." Bitcoin is a drop in the bucket in terms of money supply. Maybe, maybe, decades down the road, if bitcoin becomes massively successful.... maybe....

[falllling]

we have done a great deal of research and of course as hackers we want the bitcoin to succeed, but its chances have gone by. we can no longer support a system where over 50% of the currency is in the hands of US government. the around 40% in the hands of big speculators and manipulators and 10% in the hands of the real users.

it is a speculative bubble that is about to collapse at this very moment.

agreed, however hackers have 5% too, i say real users only have 5%

[nuff]

we have done a great deal of research and of course as hackers we want the bitcoin to succeed, but its chances have gone by. we can no longer support a system where over 50% of the currency is in the hands of US government. the around 40% in the hands of big speculators and manipulators and 10% in the hands of the real users.

it is a speculative bubble that is about to collapse at this very moment.

nonsense, do you even know what you're talking about or you just post for the sake of posting?

I've been trying to tell you people, bitcoin is not something that can fail or die off. Like internet, once it's invented, it's here to stay. Bitcoin is not merely new digital money, it's a whole new concept of money. I can foresee fiat money would have to be backed by Bitcoin in order for fiat to have value, when the words of the government is no longer enough to back a currency.

[yokosan]

And if those fuckers bought now they could realise the same gains in less than 12 months from now.

They want to see it fail for one reason and one reason only: They dont have any balls and will forever see the price go up and are too scared to invest.

[Hyena]

is because they did not get into Bitcoin when it was in the pennies and missed the boat.

They want to fell superior by saying it would fail anyway, and that things that they can't understand are indeed junk that will never succed.


It is more about ego than regret

+1

Think about all these people with reputation and who haven't believed in bitcoin, their ego is getting a real beating soon. I wonder if warren buffer can handle being wrong on something so important. Bitcoin is such a nice ego trap for so many people, I love it because I hate that perverse egomania.