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Topic: Banksters officially declare war on Bitcoin! (Read 876 times)

hero member
Activity: 2100
Merit: 546
Leading Crypto Sports Betting & Casino Platform
September 24, 2017, 05:19:54 AM
#31
This is happening for a period of time already. This was expected since the day 1 of crypto currency journey. They will be defeated without any doubt.
I think the users of the bitcoin is increasing now more than the banks and the banks are now afraid of the bitcoin currency it is making good place itself in the market of the trading and the investing so the banks really know about the future that what will happen if the banks will really go high a little more so they are taking it in the negative sense and they are taking it as a competition.
full member
Activity: 266
Merit: 100
September 20, 2017, 06:23:07 AM
#30
All that China could do bitcoin already done) We must wait 30.09 september. But I do not believe that there will be a bitcoin drop to 3000
full member
Activity: 322
Merit: 100
September 20, 2017, 06:00:28 AM
#29
This is happening for a period of time already. This was expected since the day 1 of crypto currency journey. They will be defeated without any doubt.
hero member
Activity: 2590
Merit: 644
September 20, 2017, 05:58:33 AM
#28
In this kind of war, the banksters have a little bit advantage on this one because they are centralized and that means that there is someone who are controlling the banks and that is the government while bitcoin is decentralized so there is no in charge to take care bitcoin. So if the banks will request the government to ban bitcoin like in China then it will be an automatic loss for bitcoin.
member
Activity: 108
Merit: 10
September 20, 2017, 04:02:10 AM
#27
These are all empty words. They will not do anything.
sr. member
Activity: 1008
Merit: 297
Grow with community
September 20, 2017, 03:49:16 AM
#26
Quote
Why Dimon has chosen to declare war now?

https://failedevolution.blogspot.gr/2017/09/banksters-officially-declare-war-on.html

If you've noticed the follow up news then you'd know the JP Morgan bought BTC during the dip.. Man!

Well, He lies to hate bitcoin but bought a lot upon dips, banks don't declare war about bitcoin,

I don't read specifically to the statements of any banks that they will go war for Bitcoin or Crypto Currencies,

besides some of them are in interest to use blockchain technology to their businesses. The blog also exaggerate some things that the reason for BTC dips claimed on what dimon says, but in reality it is also the effect of segwits and china's Banning ICO.

legendary
Activity: 1792
Merit: 1283
September 20, 2017, 03:46:33 AM
#25

If you've noticed the follow up news then you'd know the JP Morgan bought BTC during the dip.. Man!

Well he didn't actually buy any Bitcoin directly, he bought Bitcoin exchange-traded-notes. But Dimon said that anyone that has to do anything with cryptocurrencies will be fired so that is interesting.
Do you happen to have a source for that? Not that I don't believe you, but I'd like to see something more substantial than a post on a public forum to verify those claims.

It would be pretty epic if there was actual proof of this, it would almost invalidate his previous claims that Bitcoin is a fraud.
full member
Activity: 952
Merit: 104
September 20, 2017, 03:38:46 AM
#24

If you've noticed the follow up news then you'd know the JP Morgan bought BTC during the dip.. Man!

i think thats normal banksters declare war on bitcoin, understand ot that action of the bankers the why declare the war in bitcoin because of the insecurity of the bankers association may in the few years the old bank currency are closed and the bitcoin bank goes raised in the whole world iam not worrying about declaration og the bankers war for bitcoin.
full member
Activity: 1890
Merit: 101
September 20, 2017, 03:30:54 AM
#23
^ I do not bother with his statement about declaring war on Bitcoin. we'll see if he can do it because he is actually fighting with the community. Angry
full member
Activity: 350
Merit: 100
September 20, 2017, 02:35:28 AM
#22
bitcoin is rising fast and they see it as threat. they know what will happen if bitcoin surpass them and that is why bankters want them to fall. they see it as a competititon and they want to be the winner. they know they will loss a lot of money.

Because they knew that the speed at which bitcoin is increasing, with time many of the customers will decide to pull out their deposit and goes into bitcoin.
full member
Activity: 334
Merit: 110
Endless Horizons!
September 20, 2017, 02:33:28 AM
#21
I mean honestly what are they going to do? Try and outlaw an investment they have made? Then again we saw how nice they play with each other during the financial crisis (literally betting against themselves to win).
full member
Activity: 532
Merit: 100
September 20, 2017, 02:27:54 AM
#20
bitcoin is rising fast and they see it as threat. they know what will happen if bitcoin surpass them and that is why bankters want them to fall. they see it as a competititon and they want to be the winner. they know they will loss a lot of money.
full member
Activity: 1414
Merit: 228
Omicron is another FUD
September 20, 2017, 01:10:23 AM
#19
 Cheesy declare war to Bitcoin , that same as declare war to community , we see what this man can doing , Bitcoin cannot die eventhough a country make it ilegal ,
hero member
Activity: 1148
Merit: 504
September 20, 2017, 12:45:37 AM
#18
That is all they can do, attack bitcoin or call it fraud but they can never destroy it or make it stop. Bitcoin is the future and banks are like the dinosaurs they will soon stop existing because of bitcoin. You'll only hear them on history channel.
full member
Activity: 403
Merit: 100
September 19, 2017, 07:54:31 PM
#17

declaration of war? I think its not totally exist, because these two are all the same as business so how bankster can declare a war? all I can see are all fakes news, even bankers declare war to panicking their client to leave/sell their bitcoin to cut the losses but at the end those bankters who declare against bitcoin are those who are willing to buy/bought some bitcoin because those fake new they've create can cause of massive dump and to force bitcoin in to the deep and if that happen, bankster who declare against bitcoin are earn too much more from bitcoin because of these fake news, they can manipulate the price of bitcoin in the market, so instead of reading fake news, why don't you focus on what you doing before.
member
Activity: 208
Merit: 84
🌐 www.btric.org 🌐
September 19, 2017, 07:51:07 PM
#16

The CEO of one of the world's largest banks calling Bitcoin a fraud is like the Post Office calling email a fraud.

It threatens their existence in a way that nothing ever could before.

Technology can be like that sometimes.

Adapt or die.

They won't go down easily, they've had control over societies for thousands of years.

And honestly, in the end, they will adapt.  But they will be very different than they are today and change is scary for many.
full member
Activity: 294
Merit: 125
September 19, 2017, 07:47:48 PM
#15
I also have seen a news that a cryptocurrency become a threat for banks while the transaction of credit and debit card are decrease year on year. So the bank starts a new transaction method called fintech to fix the problem. How do you guys think this will weaken cryptocurrency.

Thats a good news. Way back before 2011 bank institutions are laughing at bitcoin, but now 2017 they are crying out loud. I dont think private blockchains  will weaken the bitcoin. other altcoin maybe but not bitcoin. Bitcoin is a revolutionary currency for all.

full member
Activity: 364
Merit: 130
September 19, 2017, 07:36:18 PM
#14
I also have seen a news that a cryptocurrency become a threat for banks while the transaction of credit and debit card are decrease year on year. So the bank starts a new transaction method called fintech to fix the problem. How do you guys think this will weaken cryptocurrency.
newbie
Activity: 52
Merit: 0
September 19, 2017, 07:20:15 PM
#13
I think that JP Morgan guys believe in oil and real estate, cause they made a lot of money from it. They are reluctant to new reality and they will get away like dinosaurs in years.
sr. member
Activity: 378
Merit: 250
September 19, 2017, 07:18:26 PM
#12
Banksters officially declare war on Bitcoin! so what?

Banks really must do this war because they know what is bitcoin capable of and doing nothing is not an option, so fighting will borrow more time for some other people to still trust their system instead going to cryptcurrencies at the fast rate. within only 1 year span the value of bitcoin almost reaches times 9 of its previous value last year.

And the market cap of bitcoin already surpasses paypal's market cap last 2 weeks when bitcoin reaches $5,000 per piece, so with this being said if we compare the existence of Bitcoin versus Paypal, 18 years ago(Paypal), 8 years ago(Bitcoin), so Paypal is 10 years ahead compare to Bitcoin. Imagine what would be the market cap of Bitcoin 10 years more.

Let's just wait till this banks do whatever they can to bring down bitcoin as it is a really threat on their business, let the strongest survive.
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