Mr. Robot talking about Ethereum (E-Coin)
https://youtu.be/ONHLZ1dnKLI
Topic: Do you think bankers will destroy block chain tech, decentralization, bitcoin? - page 4. (Read 4062 times)
September 20, 2016, 10:11:16 AM
September 20, 2016, 09:30:05 AM
If you haven't noticed already, the two coins below Bitcoin, Ethereum(ETH) , Ripple (XRP) have forged theier way into crypto with massive fundings from bank, backed by bankers, both Ethereum and Ripple have second and third market capitalization respectively after Bitcoin, Do you think the bankers who manipulated the global market and caused the global crash of 2008 which led to suicide of thousands of innocent people for making bankers profit, will bring down bitcoin, block chain tech and decentralization?
1. How are you going to stop the bankers trying to dictator crypto?
2. Are you fully aware of things that are going on?
3. What measures are you taking now?
Best Regards
Bitcoins are the main father of that two alt coin where ethereum are the second one high price in cryptop currency which is i dont know if Ripple are forge their way to crypto to have massive funding from investors and banks also1. How are you going to stop the bankers trying to dictator crypto?
2. Are you fully aware of things that are going on?
3. What measures are you taking now?
Best Regards
1.Are the bankers have connection on cryptocurrency?
2.No im not fully aware why ? because im not a trader
September 20, 2016, 09:20:46 AM
of couse bankers don't like decentralization . Decentralization is a threat to that power. It's kind of difficult to have power over something you don't have direct control over. That's why so many wars are being faut in countries that don't yet have central banks and why Brexit was so reviled in the media.
September 20, 2016, 08:31:35 AM
The blockchain is growing the more popular it get the quicker it grows, so all they have to do is just wait and gradually build there super nodes with states and a few giant companies. To what I am hearing that is not very far off.
The development of bitcoin need to find a way to scale and fast. the governments wants control, they are exploring, splitting the teams up to reduced there effectiveness.
The development of bitcoin need to find a way to scale and fast. the governments wants control, they are exploring, splitting the teams up to reduced there effectiveness.
Yes, not very far off they are almost there. Ethereum (ETH) is one such coin which is backed by giant companies and banks, the Ethereum foundation who govern the coin had bailed out a group of third party investor who failed on a bad choice of investment. ETH is also backed by government controlled banks and large companies who are only in it for profit.
It is getting bad for such government controlled coins to become big fast, Bitcoin took 4 years and 4 months (52 months) to reach 1 billion usd market cap, bankers backed Ethereum took just 6 months to reach 1 billion usd market capitalization, which is likely a big bubble and overvalued, and we have to keep an eye on it, as for profit government entities are trying to take over block chain tech.
Yes not looking good for decentralized and for people crypto, corporate and government goonies are trying to take over, we need to fight them tooth and nails.
September 20, 2016, 06:48:33 AM
Bankers won't destroy blockchain tech and crypto currency and I'll write my opinion here.
1. With bitcoin, we can make anonymous transactions, no one can to easily investigate real information of sender and receiver. This is also good for goverment because they laundering money.
2. Banker's are trying to dictator crypto because some banks offer us bitcoin online wallet, bitcoin exchange tu usd or other currency and etc.
This thread's author is true, bankers want to control bitcoin and other crypto currency but there are also many "big players".
1. With bitcoin, we can make anonymous transactions, no one can to easily investigate real information of sender and receiver. This is also good for goverment because they laundering money.
2. Banker's are trying to dictator crypto because some banks offer us bitcoin online wallet, bitcoin exchange tu usd or other currency and etc.
This thread's author is true, bankers want to control bitcoin and other crypto currency but there are also many "big players".
September 20, 2016, 06:37:02 AM
The blockchain is growing the more popular it get the quicker it grows, so all they have to do is just wait and gradually build there super nodes with states and a few giant companies. To what I am hearing that is not very far off.
The development of bitcoin need to find a way to scale and fast. the governments wants control, they are exploring, splitting the teams up to reduced there effectiveness.
The development of bitcoin need to find a way to scale and fast. the governments wants control, they are exploring, splitting the teams up to reduced there effectiveness.
Yes, not very far off they are almost there. Ethereum (ETH) is one such coin which is backed by giant companies and banks, the Ethereum foundation who govern the coin had bailed out a group of third party investor who failed on a bad choice of investment. ETH is also backed by government controlled banks and large companies who are only in it for profit.
It is getting bad for such government controlled coins to become big fast, Bitcoin took 4 years and 4 months (52 months) to reach 1 billion usd market cap, bankers backed Ethereum took just 6 months to reach 1 billion usd market capitalization, which is likely a big bubble and overvalued, and we have to keep an eye on it, as for profit government entities are trying to take over block chain tech.
September 20, 2016, 01:37:37 AM
I don't think they would be able to bring Bitcoin down completely but then they wouldn't really want to do that anyway. After all Bitcoin is really just money and anything and everything within the world of money can be manipulated. Big money influences small money and Bitcoin's $10 billion market cap is nothing compared to the amount these guys can draw on.
September 20, 2016, 01:35:52 AM
If you haven't noticed already, the two coins below Bitcoin, Ethereum(ETH) , Ripple (XRP) have forged theier way into crypto with massive fundings from bank, backed by bankers, both Ethereum and Ripple have second and third market capitalization respectively after Bitcoin, Do you think the bankers who manipulated the global market and caused the global crash of 2008 which led to suicide of thousands of innocent people for making bankers profit, will bring down bitcoin, block chain tech and decentralization?
1. How are you going to stop the bankers trying to dictator crypto?
2. Are you fully aware of things that are going on?
3. What measures are you taking now?
Best Regards
1. How are you going to stop the bankers trying to dictator crypto?
2. Are you fully aware of things that are going on?
3. What measures are you taking now?
Best Regards
If bankers try to destroy bitcoin,we can`t stop them,unfortunately.
Yes,i`m aware of things that are going on.
I can`t take any measures about that.
September 20, 2016, 01:34:22 AM
Why bankers want to destroy blockchain?? 
Banks use blockchain service and are now hyping blockchain technology. Ripple, nem, factom and so on. Blockchain will help bank, bank will promote bitcoin and blockchain technology.
Banks use blockchain service and are now hyping blockchain technology. Ripple, nem, factom and so on. Blockchain will help bank, bank will promote bitcoin and blockchain technology.The answer is simple, Bitcoin pose a threat to them, because it is a technology that can be used to bypass them. Possibly not entirely, but to a certain extent. Bitcoin has cheaper transactions and we have a faster network for global money transfers. The banks only target people with money, where Bitcoin can be used by everyone, so this also threatens their profits.
Do not for one moment think the Blockchain technology the banks are investing in, is anything like Bitcoin. It will be a private ledger in a decentralized < in house > form, which they will manipulate at will. ^hmmmmm^
September 20, 2016, 01:13:51 AM
Why bankers want to destroy blockchain?? Banks use blockchain service and are now hyping blockchain technology. Ripple, nem, factom and so on. Blockchain will help bank, bank will promote bitcoin and blockchain technology.
Banks use blockchain service and are now hyping blockchain technology. Ripple, nem, factom and so on. Blockchain will help bank, bank will promote bitcoin and blockchain technology. 
September 20, 2016, 12:45:20 AM
I think bankers are not going to be able to destroy the network for blockchain because it is really strong and no one is going to destroy it. But with the decentralization of bitcoin, banks are able to make it centralized if they are going to adopt it and the government is going to allow it and it is going to happen when banks sees a threat to their industry.
September 19, 2016, 10:17:22 PM
Yeah its interesting that all these banks are investing big money in blockchain.
Most of them are pretty quiet about what they are doing with this technology, so its hard to say if they are trying to build a technology for their own use,
or studying the technology to find the holes in it.
Either way its scary, because it would be nothing for a bank or invest a couple billion dollars and totally shift the direction of any coin, even Bitcoin.
Most of them are pretty quiet about what they are doing with this technology, so its hard to say if they are trying to build a technology for their own use,
or studying the technology to find the holes in it.
Either way its scary, because it would be nothing for a bank or invest a couple billion dollars and totally shift the direction of any coin, even Bitcoin.
September 19, 2016, 10:10:44 PM
No ,in fact many news about blockchain technology innovation of usage they keep improving blockchain to use in many sectors online.
Recently IBM and Japans biggest bank shakes on about this matter .they will ise bitcoins blockchain for their special project and they will spend more billions of dollars to research and to improve it.
Recently IBM and Japans biggest bank shakes on about this matter .they will ise bitcoins blockchain for their special project and they will spend more billions of dollars to research and to improve it.
September 19, 2016, 09:16:48 PM
The blockchain is growing the more popular it get the quicker it grows, so all they have to do is just wait and gradually build there super nodes with states and a few giant companies. To what I am hearing that is not very far off.
The development of bitcoin need to find a way to scale and fast. the governments wants control, they are exploring, splitting the teams up to reduced there effectiveness.
The development of bitcoin need to find a way to scale and fast. the governments wants control, they are exploring, splitting the teams up to reduced there effectiveness.
September 19, 2016, 08:50:00 PM
Absolutely not.
There is a lot of talk about the banks destroying bitcoin, yet no one has even shown me a method for doing this. Until someone can show how this could be done, I don't think it will be done.
1. How are you going to stop the bankers trying to dictator crypto? - I don't have to. There is no way to do it.
2. Are you fully aware of things that are going on? - Um. you mean in the bitcoin world? Sure, more than most I suppose.
3. What measures are you taking now? - I only use BTC online and dumped my credit cards. The banks are only powerful because you keep giving them your money. I do not do that.
Aagree with you, there is no way to fo it, we are just a civilians and there is no way for taking any act till just avoiding their service just preventing the bank with a little effort.There is a lot of talk about the banks destroying bitcoin, yet no one has even shown me a method for doing this. Until someone can show how this could be done, I don't think it will be done.
1. How are you going to stop the bankers trying to dictator crypto? - I don't have to. There is no way to do it.
2. Are you fully aware of things that are going on? - Um. you mean in the bitcoin world? Sure, more than most I suppose.
3. What measures are you taking now? - I only use BTC online and dumped my credit cards. The banks are only powerful because you keep giving them your money. I do not do that.
Bank just focussing their viewpoint in bitcoin and just harness the blockchain for threatening bitcoin
September 19, 2016, 07:52:55 PM
i dont think that it is possible, bitcoin seems to be going really strong and i think that it should not go down because a few banks want that
September 19, 2016, 07:12:14 PM
bankers don't like decentralization is because centralization = power of the few, (at the expense of the many.) Decentralization is a threat to that power. It's kind of difficult to have power over something you don't have direct control over. That's why so many wars are being faut in countries that don't yet have central banks and why Brexit was so reviled in the media.
September 19, 2016, 07:02:29 PM
I think the bankers should have to create their own wallet where they will serve those customers who will like to put their money in bitcoin so that the bankers will not lose their profit with the success of bitcoin and bitcoin will also get a stronger support and people will put more and more money in bicoin as banks will give guarantee for their money.
Maybe it would be worth it for them to go and make their own wallets, but I personally don't think that it is important at all for them to design their own wallets and customize them according to what the want to give to their customers.Banks are not required to develop anything, and if they can use what already exists then good fo them. Additional developments and so just aren't things that are necessary all the time.
September 19, 2016, 06:52:03 PM
I fully agree, however I think in the case of Hearn and Andresen it's also quite possible, that governments were behind it. Especially considering the fact that Andresen without hesitation visited a well-known three letter agency and met with other representatives of the status quo. Later he tried a power grab by founding the infamous Bitcoin Foundation to open the door to political influence on Bitcoin development. Either he truly was naively under the impression that "negotiating" with governments is advantageous for Bitcoin or it was just plain collaboration with the establishment because of full affiliation.
It's difficult to be sure about the exact details, we have circumstantial evidence only. But it's a reasonable assumption that Hearn and Andresen were not too stupid to understand that their 20 MB block proposals were reckless beyond belief, it's just not possible that they didn't know.
September 19, 2016, 06:36:09 PM
The Gavin Andresen/Mike Hearn hard fork proposals were very likely bankster moves against Bitcoin (as both have connections with either the banking or corporate establishment). They proposed to put huge unnecessary loads on the network, and dialed back the size of the extra load they proposed by several factors, several times, and still their plans were rejected.
The hard fork mechanism is important if there is a genuine disagreement on direction, or if the ethics of the repo maintainers become significantly questionable. We don't have that problem though. The problem was hard fork proposals that intend to install rogue development teams, not the current dev team.
What did we do? We argued against it, successfully, against an army of shills. They're re-mobilising right now, and it's hilarious.
The hard fork mechanism is important if there is a genuine disagreement on direction, or if the ethics of the repo maintainers become significantly questionable. We don't have that problem though. The problem was hard fork proposals that intend to install rogue development teams, not the current dev team.
What did we do? We argued against it, successfully, against an army of shills. They're re-mobilising right now, and it's hilarious.
I fully agree, however I think in the case of Hearn and Andresen it's also quite possible, that governments were behind it. Especially considering the fact that Andresen without hesitation visited a well-known three letter agency and met with other representatives of the status quo. Later he tried a power grab by founding the infamous Bitcoin Foundation to open the door to political influence on Bitcoin development. Either he truly was naively under the impression that "negotiating" with governments is advantageous for Bitcoin or it was just plain collaboration with the establishment because of full affiliation.
At least Hearn and Andresen showed significant signs of a narcissistic personality, a feature often encountered inside the gov officialdom and among bankers.
In my view, the guy coming closest at being a prototypical banker type Bitcoin destroyer is Roger Ver, who was also in full support of the unbearably dumb and dangerous big block scheme and is now spreading his propaganda via Bitcoin.com.
The brave and intelligent have won a battle for now, but the war is far from over...
ya.ya.yo!
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