Topic: Banks do not want bitcoin to become popular - page 3. (Read 987 times)
Shows me good picture of how terrified the CEO's and founders of banks are at this very movement. Bitcoin does not need any sort of publicity anyways because from making brighter bitcoin hub cities to using bitcoin for donations at various causes (floods, wars, fire etc.) it has already proven its way to the hearts of people. The good thing is, millionaires also know banks are using their money to to do their business if someday they decided not to save their money into the banks then dam they will have nothing but empty pockets. On the other hand they know very well if they put everything into bitcoin then its gonna stay there forever, under their own control and nobody's gonna use it except the key holders. So these kind of news are really child's play. THey mean nothing.
has become commonplace. all that is centralized will vilify that which is not. and Banks is one of them. Fud news continues to spread throughout the bear market. but believe me it's even possible that this news was deliberately spread by those who actually deliberately wanted the price of bitcoin to fall. so they can buy more bitcoin from the bottom price. it doesn't even rule out the possibility that the government is busy shopping for bitcoin now secretly.
Tell us something we don't know!
It's an well established truth that banks don't like bitcoin or any other cryptocurrencies. Because cryptocurrency system has the power to directly challenge bank's dominance. So it's no wonder that banks do not like it in any shape or form.
Warren Buffet, Jemie Dimon and many other central banks have always raised their voice against cryptocurrency and it will continue to happen! We just need to ignore such things!
It's an well established truth that banks don't like bitcoin or any other cryptocurrencies. Because cryptocurrency system has the power to directly challenge bank's dominance. So it's no wonder that banks do not like it in any shape or form.
Warren Buffet, Jemie Dimon and many other central banks have always raised their voice against cryptocurrency and it will continue to happen! We just need to ignore such things!
This is true- banks want their clients to keep and store their resources inside their institutions for their own profit/gain. While there may be some offers of interest rates and returns, some people are now becoming more aware of the existence of cryptocurrencies and the way it can change and alter the usage of banks.
But in all honesty, cryptocurrency and banks can co-exist with each other. They do not have to be so against to the point that they will make each other obsolete- maximize each usage and choose the most convenient method in a given circumstance.
Bank scared when bitcoin becoming popular where all people interested with hold or saving their money trough in Bitcoin assets than use Bank as their placed for money saving. I don't think with Bank quit silent when looking how Bitcoin become popular day by day and try several way how to make fud and bad news will impact many people scared with Bitcoin price drop before saving all their money in the bank
Right now many people have been smart, not any beneficial when saving our money in the bank without increase up yet, different when holding in Bitcoin assets, when price going up many people get much profit and have freedom for cashing out without need regulation from Bank with limited withdrawing in daily day.
I agree with you that holding bitcoins is much more profitable than depositing money in a bank. But unlimited withdrawals are not quite right as we will eventually have to exchange bitcoins for fiat money if we want to use it for our daily spending. When bitcoin becomes world currency or means of payment, then we can withdraw unlimited with bitcoin. Right now many people have been smart, not any beneficial when saving our money in the bank without increase up yet, different when holding in Bitcoin assets, when price going up many people get much profit and have freedom for cashing out without need regulation from Bank with limited withdrawing in daily day.
it's no longer a secret if the bank refuses bitcoin to become popular, there will always be negative news about this I think,
but bitcoin holders will always believe in bitcoin even though negative news always comes, actually it is the potential and benefits of bitcoin that indirectly prevent the power and opportunities of banks in institutions over people's funds, right? bitcoin gives freedom in thinking patterns of financial problems without being regulated by anyone
Bank scared when bitcoin becoming popular where all people interested with hold or saving their money trough in Bitcoin assets than use Bank as their placed for money saving. I don't think with Bank quit silent when looking how Bitcoin become popular day by day and try several way how to make fud and bad news will impact many people scared with Bitcoin price drop before saving all their money in the bankbut bitcoin holders will always believe in bitcoin even though negative news always comes, actually it is the potential and benefits of bitcoin that indirectly prevent the power and opportunities of banks in institutions over people's funds, right? bitcoin gives freedom in thinking patterns of financial problems without being regulated by anyone
Right now many people have been smart, not any beneficial when saving our money in the bank without increase up yet, different when holding in Bitcoin assets, when price going up many people get much profit and have freedom for cashing out without need regulation from Bank with limited withdrawing in daily day.
it's no longer a secret if the bank refuses bitcoin to become popular, there will always be negative news about this I think,
but bitcoin holders will always believe in bitcoin even though negative news always comes, actually it is the potential and benefits of bitcoin that indirectly prevent the power and opportunities of banks in institutions over people's funds, right? bitcoin gives freedom in thinking patterns of financial problems without being regulated by anyone
but bitcoin holders will always believe in bitcoin even though negative news always comes, actually it is the potential and benefits of bitcoin that indirectly prevent the power and opportunities of banks in institutions over people's funds, right? bitcoin gives freedom in thinking patterns of financial problems without being regulated by anyone
I think people are giving banks too much credit. Banks will do anything to make money, and if they finally realize that Bitcoin cannot be stopped, their policy will be "if you can't beat them, join them". The proof is already out there. We have some smaller banks already become crypto abled. We have other banks allowing crypto payments. We even have banks now being custodians for Bitcoin including some form of deposit protection, under national bank license in the US.
If collecting NFTs becomes so popular one day banks will also store and issue NFTs. Believe me!
Just like hungry person wants food
Bank would like not to be... bankrupt.
Yes.
If only media outlets were not owned by their representative governments.
Bank would like not to be... bankrupt.
Yes.
If only media outlets were not owned by their representative governments.
Tell us something we don't know!
Banks do not care about Bitcoin, because Bitcoin have limited popularity, and secondly transfer time and fees. Altcoins now are much faster and with lower fees.
Banks are very interested in bitcoin, I believe they are watching bitcoin daily and they hope bitcoin will drop more and maybe die so that they are no longer a threat to them. Bitcoin is threatening their position for users but they have no way to stop bitcoin, the only thing they can do is spread Fuds to keep people away from bitcoin.
I came across this news on CNBC where standard chartered bank claims that bitcoin will reach 5000$. Being a bank, this can be their wish and not a reality. Banks do not want bitcoin to become popular and therefore they spread this negative information so people panic sell and do not adopt bitcoin.
The banking system will not fully recognize such a complex investment in Bitcoin. Because Bitcoin works against the entire banking system. Moreover, another issue is that banks cannot control the complex problem of high price declines in Bitcoin. Moreover, the banking authorities cannot blame the government entirely if there is a major price fall in the banking sector. Moreover, if the government and banking system could control the complete control system of bitcoin, then the bank and government would take responsibility for bitcoin. Banks and governments don't want to accept Bitcoin easily because the whole system of Bitcoin is not controlled by governments and banks. We already know about the Salvadoran government's investment in bitcoins and their falling price. No country's government would want to invest so much in Bitcoin with so much risk. 
Banks do not care about Bitcoin, because Bitcoin have limited popularity, and secondly transfer time and fees. Altcoins now are much faster and with lower fees.
Now I wonder, if banks do not care about Bitcoin, why are banks releasing blogs and statement that tackles Bitcoin being a negative thing? Every event and movement of Bitcoin, the financial institution releases negative statements that discourage people to participate in Bitcoin adoption. Now if banks do not care about Bitcoin why do they need to do that length in order to demerit Bitcoin?
Btw, Altcoins may be faster and with lower fees but they compromised security. I'd rather have an ok speed of transaction but have high security.
They care about Bitcoin, because it is the leading cryptocurrency in the market and even one which have influence over the price of other assets in the market.
Banks and lobbyist won't waste their time and money targeting a random altcoin instead Bitcoin. It is not about transaction fees, or efficiency or block times.
They may have bad intentions but they are not stupid when comes to their objectives.
They are interested in bitcoin not because it is the leading cryptocurrency or affecting the rest of the market but simply because bitcoin is decentralized, if people use bitcoin, they will leave the bank. The bank is government, so the only thing they care about is bitcoin, not crypto, rest of the cryptocurrencies are centralized, so they are under their control. Bitcoin is no longer affected by news like this since we are all so familiar with it, and it is not new news.
it's no longer a secret if the bank refuses bitcoin to become popular, there will always be negative news about this I think,
but bitcoin holders will always believe in bitcoin even though negative news always comes, actually it is the potential and benefits of bitcoin that indirectly prevent the power and opportunities of banks in institutions over people's funds, right? bitcoin gives freedom in thinking patterns of financial problems without being regulated by anyone
but bitcoin holders will always believe in bitcoin even though negative news always comes, actually it is the potential and benefits of bitcoin that indirectly prevent the power and opportunities of banks in institutions over people's funds, right? bitcoin gives freedom in thinking patterns of financial problems without being regulated by anyone
Banks do not care about Bitcoin, because Bitcoin have limited popularity, and secondly transfer time and fees. Altcoins now are much faster and with lower fees.
Now I wonder, if banks do not care about Bitcoin, why are banks releasing blogs and statement that tackles Bitcoin being a negative thing? Every event and movement of Bitcoin, the financial institution releases negative statements that discourage people to participate in Bitcoin adoption. Now if banks do not care about Bitcoin why do they need to do that length in order to demerit Bitcoin?
Btw, Altcoins may be faster and with lower fees but they compromised security. I'd rather have an ok speed of transaction but have high security.
They care about Bitcoin, because it is the leading cryptocurrency in the market and even one which have influence over the price of other assets in the market.
Banks and lobbyist won't waste their time and money targeting a random altcoin instead Bitcoin. It is not about transaction fees, or efficiency or block times.
They may have bad intentions but they are not stupid when comes to their objectives.
The shine of bitcoin cannot be stopped by banks or governments, which is a universal truth. No matter how they try. They can keep throwing scrap as far as they can, but nobody can predict what price bitcoin will reach next during the bull market. Such information is only intended to mislead those who are unfamiliar with bitcoin. Those of us who are aware of what bitcoin can become in the future will ignore this information and buy more of it. The time is not right to accept or believe any unfavorable messages coming from the bank.
Basically, some Banks or would I say most banks are not well pleased with the existence of BTC.
Bitcoin has opened a lot of investors eyes, as how inflation and Banks slowly robbs off people their money that is deposited in the bank with charges , restrictions on account and pay customers small interest on loaning their money.
While this has made investors start moving their attention into BTC, Thus resulting in banks seeing Bitcoin as business enemy.
Not just about the investment opportunities, but it have served as an alternate that fulfill all that can't be done by the traditional system. Fiat system is developed for a purpose same is with bitcoin. People find bitcoin to be better in all means. This had moved lot of people towards bitcoin for their transaction needs causing loss to the banking network. This is the reason why banks wants bitcoin usage stopped. Bitcoin has opened a lot of investors eyes, as how inflation and Banks slowly robbs off people their money that is deposited in the bank with charges , restrictions on account and pay customers small interest on loaning their money.
While this has made investors start moving their attention into BTC, Thus resulting in banks seeing Bitcoin as business enemy.
Banks do not care about Bitcoin, because Bitcoin have limited popularity, and secondly transfer time and fees. Altcoins now are much faster and with lower fees.
Banks are very interested in bitcoin, I believe they are watching bitcoin daily and they hope bitcoin will drop more and maybe die so that they are no longer a threat to them. Bitcoin is threatening their position for users but they have no way to stop bitcoin, the only thing they can do is spread Fuds to keep people away from bitcoin.
Basically, some Banks or would I say most banks are not well pleased with the existence of BTC.
Bitcoin has opened a lot of investors eyes, as how inflation and Banks slowly robbs off people their money that is deposited in the bank with charges , restrictions on account and pay customers small interest on loaning their money.
While this has made investors start moving their attention into BTC, Thus resulting in banks seeing Bitcoin as business enemy.
Bitcoin has opened a lot of investors eyes, as how inflation and Banks slowly robbs off people their money that is deposited in the bank with charges , restrictions on account and pay customers small interest on loaning their money.
While this has made investors start moving their attention into BTC, Thus resulting in banks seeing Bitcoin as business enemy.
I came across this news on CNBC where standard chartered bank claims that bitcoin will reach 5000$. Being a bank, this can be their wish and not a reality. Banks do not want bitcoin to become popular and therefore they spread this negative information so people panic sell and do not adopt bitcoin. 
What else do you expect? Banks and Bitcoin are not friends so it's normal that they won't help it to become popular. By the time BTC came out, banks are in fact in a critical position and im afraid that they will lose their fame pretty soon. No need to help BTC but their own self are the ones that they must help to retain their position in the financial industry.A bank that gives a statement about BTC doesn't make BTC become less popular but it will actually help BTC to become more popular because they are exposing it or advertising it indirectly. People who aren't yet into BTC, will be curious and might end up trying and liking it. Telling that BTC will drop won't also cause a FUD but it will only help people to get excited of buying it.
We can't remove such negative approach to BTC especially coming from the banking system.
They can say all they want, but those who are already into crypto know what they need to do.
On the other hand, for those non-crypto users, they may really get curious to what their bank is spreading.
And it may indeed pave the way for these non-crypto people to dig about BTC and crypto market.
They may give their lowest price prediction but in reality, we may never get to that price level.
Also, they can't stop people from searching the truth, remember, anyone can basically do their search over the net these days.
I came across this news on CNBC where standard chartered bank claims that bitcoin will reach 5000$. Being a bank, this can be their wish and not a reality. Banks do not want bitcoin to become popular and therefore they spread this negative information so people panic sell and do not adopt bitcoin.
What else do you expect? Banks and Bitcoin are not friends so it's normal that they won't help it to become popular. By the time BTC came out, banks are in fact in a critical position and im afraid that they will lose their fame pretty soon. No need to help BTC but their own self are the ones that they must help to retain their position in the financial industry.A bank that gives a statement about BTC doesn't make BTC become less popular but it will actually help BTC to become more popular because they are exposing it or advertising it indirectly. People who aren't yet into BTC, will be curious and might end up trying and liking it. Telling that BTC will drop won't also cause a FUD but it will only help people to get excited of buying it.
$5k is unfair still there's some even forum members who predicted btc at $3k but I don't think they are a btc hater. They are just telling what they think they can happen according to their analysis. We shouldn't be angry whenever we see such predictions but we should be open minded and face the reality that anything can happen in btc including harder dips and not just hard pumps.
Am not always angry whenever I hear people saying bitcoin will dump to $5k or even below, I always get angry whenever I see people saying bitcoin will soon die, and funniest part is that some people will still believe those people that are saying bitcoin will die, I don't really like people saying bitcoin will die because it scares away newbies that are planning to invest in bitcoin, but if you have being in crypto space for long term am sure those people won't care about news like that. If people keep on saying bitcoin will dump more, it's really possible for bitcoin to dump and its possible that bitcoin wont dump, I always tell people that want to invest in bitcoin to always ignore most of the news they see on social media, if you keep on waiting for bitcoin to dump more, then you might miss the opportunity to invest now that the price is already down because you might be waiting for more dump until you see bitcoin price at the top before you start regretting why you didn't buy when the price was low.
Banks do not care about Bitcoin, because Bitcoin have limited popularity, and secondly transfer time and fees. Altcoins now are much faster and with lower fees.
Now I wonder, if banks do not care about Bitcoin, why are banks releasing blogs and statement that tackles Bitcoin being a negative thing? Every event and movement of Bitcoin, the financial institution releases negative statements that discourage people to participate in Bitcoin adoption. Now if banks do not care about Bitcoin why do they need to do that length in order to demerit Bitcoin?
Btw, Altcoins may be faster and with lower fees but they compromised security. I'd rather have an ok speed of transaction but have high security.
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