Pages:
Author

Topic: End of BitCoin Exchangers - page 2. (Read 2729 times)

sr. member
Activity: 462
Merit: 250
April 18, 2013, 04:25:40 AM
#6

Indeed, not even worth your time replying to him. I also got baited...
The troll is strong in this one!
hero member
Activity: 540
Merit: 500
The future begins today
April 18, 2013, 04:21:55 AM
#5
sr. member
Activity: 280
Merit: 250
April 18, 2013, 04:21:45 AM
#4
http://bitcoin.de is partnering with a bank as we speak.
sr. member
Activity: 462
Merit: 250
April 18, 2013, 04:08:23 AM
#3
This is the stupidest thing I have read on these forums by far. BTC will always have value, banks can never stop you from withdrawing money and trading bitcoin a OTC...

FUD!
hero member
Activity: 518
Merit: 500
April 18, 2013, 04:06:41 AM
#2
Panic!!! We will die!!! Panic!!!

Seriously, it's impossible to ALL banks in ALL countries to gang up and refuse all communications with BTC in the same way as it's impossible to censor ALL the internet in ALL countries.
full member
Activity: 182
Merit: 100
April 18, 2013, 03:55:00 AM
#1
Huge amounts of money recently got dumped into BTC at a chance to make a quick profit, and now people are racing to withdraw their money cause the exchangers are closing down.

Banks around the world are starting to refuse to do business with anyone involved with BTC. The banks are freezing and closing accounts that have anything to do with BTC.

The banks and government can't take your BTC, but you won't be able to send/receive any real money either for them.

Merchants that accept BTC for payment probably cause they can quickly convert it to cash through exchangers. What will happen to all these merchants when they can't convert to cash anymore? Will they continue to sell product and services for a BTC that can't be converted? At what personal cost are they willing to do this? Gold and Silver coins for example, are those BTC businesses going to continue shipping you gold and silver coins for BTC when they can't get any dollars for BTC?

We all knew it was going to end this way, even though most people were in denial. The big banks and government have no control over BTC itself, so they are going after the exchangers like we knew they would.

BTC will probably be around for a LONG time to come simple cause it can't be shut down. It'll just be fun and have no value real soon. And by no value, I mean not even $0.01 since there will be no more exchangers soon.

Game Over

Pages:
Jump to: