Topic: Citibank set to destroy Bitcoin with Citicoin - page 2. (Read 2888 times)
This thread just proves most don't understand why Satoshi built bitcoin, or don;t care and just want to make money either way very sad.
I'm quite sure a centralized bank coin won't destroy anything. or did ripple kill bitcoin yet?
everybody pretends that the altcoin bags that they are holding is precious and going to kill bitcoin to increase the price and be able to dump their bags (things like ripple).
and citicoin is just some centralized bank hype so far and will not nothing with bitcoin
I'm quite sure a centralized bank coin won't destroy anything. or did ripple kill bitcoin yet?
Are they going to post an ANN thread lol. Will it go up and down in value? Can you buy it with BTC, I think not. So meh who cares
If anything it will educate mainstream about crypto and will be good for bitcoin in the long run.
If anything it will educate mainstream about crypto and will be good for bitcoin in the long run.
Exactly what I said, and also dont forget that, alot of big people will familiarize themselves with crypto.
Now they might pull some dirty tricks on it to discredit entirely crypto currencies, but i dont think it will work in the long term
This is really good news, Citicoin will get alot of mainstream people, investors and whales, familiarize themselves with cryptocurrencies.
And then, we will see that Bitcoin will be the winner of this competition, and Citicoin will slowly erode into obscurity.
I think with this move Citicoin will involuntarly promote Bitcoin.
And then, we will see that Bitcoin will be the winner of this competition, and Citicoin will slowly erode into obscurity.
I think with this move Citicoin will involuntarly promote Bitcoin.
Nerds here believe that bitcoin is not replaceable like draghi thinks euro is forever 
I guess it depends on your definition of 'replaceable'.
Bitcoin will probably never completely disappear from the face of the earth.
At worst, it might become largely unused, 'replaced' by something completely different (something we haven't even seen yet).
Nerds here believe that bitcoin is not replaceable like draghi thinks euro is forever
Big banks/gov't have capacity to kill bitcoin. Only reason why they left the bitcoin alone is that they want to make big profits out of cryptocurrency before they bailout.
Are they going to post an ANN thread lol. Will it go up and down in value? Can you buy it with BTC, I think not. So meh who cares
If anything it will educate mainstream about crypto and will be good for bitcoin in the long run.
If anything it will educate mainstream about crypto and will be good for bitcoin in the long run.
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destroy bitcoin? best of luck with that 
Regular people will trust citicoin more than bitcoin because it's controlled by bank
That is going to make btc mass adoption harder
That is going to make btc mass adoption harder
I doubt there's any need to jump to the life boats anytime soon 
it looks like everybody wants a part of altcoin market by creating their own coin to pump and dump and make some money!
"Citibank set to destroy Bitcoin with Citicoin"
And royally tick off more than a few Silicon Valley venture capitalists? If you were a senior executive for Citicorp, would you authorize a a mission that - if successful - would permanently alienate Marc Andreessen and his many friends? Especially when they've already pegged "Citicoin" as a Bitcoin-friendly sign of blockchain tech hitting the mainstream?
I'm no fan of Citigroup, but their worst sins are sins of venality. They don't go much for deliberate destructiveness, especially when said destructiveness hurts their own interests. The first rule of marketing in general is, "don't piss off the customer base."
And royally tick off more than a few Silicon Valley venture capitalists? If you were a senior executive for Citicorp, would you authorize a a mission that - if successful - would permanently alienate Marc Andreessen and his many friends? Especially when they've already pegged "Citicoin" as a Bitcoin-friendly sign of blockchain tech hitting the mainstream?
I'm no fan of Citigroup, but their worst sins are sins of venality. They don't go much for deliberate destructiveness, especially when said destructiveness hurts their own interests. The first rule of marketing in general is, "don't piss off the customer base."
can't happen..won't happen.
bitcoin is bigger than citibank
bitcoin is bigger than citibank
the FUD will be epic..if this were to happen.......a blanket of slander/misrepresentation/etc on Bitcoin and its past etc etc
and much on trust us ...we're bankers lol use citicoin we can 'manage' crypto for you
This whole thing reminds me of AOL back in the early days of the Internet..is virtual currency gonna be 'managed' like AOL
wanted (metered by your use) or open INTERNET as it is now kinda situation
so will crypto be closed and run by the previous banks/gov't's/elite? or will crypto be open source and 'unmanageable"?
imho it will be open and unmanageable but there will be push back by the powers that be imho sometime here in the next couple years
i'm quite sure it would turn into 1000 pages of fud the day it's created on btctalk lol..could be good entertainment.
This is only for the use of the banks on their internal networks, not for general consumption
+1 if people think Citibank is going to throw an ANN up here on btctalk and ask the community to mine it I got a bridge to sell you.
I kind of wish they would, it would be fun trying a 51% attack to see just how secure their blockchain is
Banks can try to build as many centrailised shitcoins as they want but BTC already has a huge lead. I persoanlly will be staying away from this citicoin as coins owned by large corporations have historically failed, just look at what happened to paycoin.
This is only for the use of the banks on their internal networks, not for general consumption
+1 if people think Citibank is going to throw an ANN up here on btctalk and ask the community to mine it I got a bridge to sell you.
This is only for the use of the banks on their internal networks, not for general consumption
can't happen..won't happen.
bitcoin is bigger than citibank
bitcoin is bigger than citibank
the FUD will be epic..if this were to happen.......a blanket of slander/misrepresentation/etc on Bitcoin and its past etc etc
and much on trust us ...we're bankers lol use citicoin we can 'manage' crypto for you
This whole thing reminds me of AOL back in the early days of the Internet..is virtual currency gonna be 'managed' like AOL
wanted (metered by your use) or open INTERNET as it is now kinda situation
so will crypto be closed and run by the previous banks/gov't's/elite? or will crypto be open source and 'unmanageable"?
imho it will be open and unmanageable but there will be push back by the powers that be imho sometime here in the next couple years
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