Saudi Prince Al-Waleed: Bitcoin Is 'Going to Implode'
https://www.coindesk.com/saudi-prince-al-waleed-bitcoin-going-implode/
Topic: fall of bitcoin Necessary............bitcoin is a threat For the dollar (Read 2535 times)
October 24, 2017, 12:40:04 PM
October 13, 2017, 02:51:18 AM
To think that bitcoin has made me a millionaire in my country (a couple thousand dollars lol) makes this post untrue. Those who are losing money in the process of investing are those who don't know what they're doing but have the money to spend and those who are impatient and went along with the herd's buying decisions. The US dollar crash is inevitable with all of the scams they keep on pushing to the people, and mind you, some smart investors are trying to stay away from USD as best as they could because they know what's up. If there's anything to avoid, it must be the USD in the mean time and not BTC.
October 13, 2017, 02:14:15 AM
This sounded like jamie dimen scaring the fight out of jittery players. Of course losses are inevitable. There will be challenges along the way. A lot has happened already before and guess what? Now bitcoin is again on an all time high. People can spread doomsday scenarios for bitcoin but it will be the future
October 12, 2017, 03:03:59 PM
Let me ask you one thing here OP, is it Bitcoin's fault if people are trying to scam "for it"?
Why are you blaming Bitcoins when exchanges try to run away with your funds? Bitcoin is a currency that is under your/their possession (depends where you put them) and nothing in the world is safe and everything possess risks. About the break of the dollar, if you won't use fiat to evaluate the power of cryptocurrencies, what will you use? Metal? Gold? Maybe Silver?
People like you just try to throw sludge on Bitcoins but you should know that Bitcoin now is not what it used to be in its early days. It was a "JOKE" which is now turned into a fulfilled "WISH", a reason that helps you live on it, makes you earn it and get something in exchange.
Why are you blaming Bitcoins when exchanges try to run away with your funds? Bitcoin is a currency that is under your/their possession (depends where you put them) and nothing in the world is safe and everything possess risks. About the break of the dollar, if you won't use fiat to evaluate the power of cryptocurrencies, what will you use? Metal? Gold? Maybe Silver?
People like you just try to throw sludge on Bitcoins but you should know that Bitcoin now is not what it used to be in its early days. It was a "JOKE" which is now turned into a fulfilled "WISH", a reason that helps you live on it, makes you earn it and get something in exchange.
October 12, 2017, 02:17:57 PM
btc e.com closed
All exchange sites started cheating
bad commentaire in poleinex ( more than 35 days no Reply from support)
New scams in lot of sitetrade and exchange exchange
In the end .......Things are not safe... all can lose all his money in scammer site trade
You must stop little not all
investing in this currency
Poloniex is becoming shit by the day,scams you cannot do anything about it,its a thing/trend going on now a days I would say!! Exchanges started to cheat ,really? There are good ,bad and terrible exchanges ,depends on which one you opted to go for. You will lose your money if you're not smart and if you don't have basic common sense,obviously people will scam you and run away.All exchange sites started cheating
bad commentaire in poleinex ( more than 35 days no Reply from support)
New scams in lot of sitetrade and exchange exchange
In the end .......Things are not safe... all can lose all his money in scammer site trade
You must stop little not all
investing in this currency 
October 12, 2017, 01:01:25 PM
In past some days some news fear people that china has ban bitcoins due to which for very little moment rate of bitcoin fall but I want to tell that people who fear that now a days that rate of bitcoin reach to the level which will never in the past. So whats the china affect on bitcoin .off course nothing.
October 11, 2017, 06:12:42 PM
Vladimir Putin: Cryptocurrency Poses 'Serious Risks'
https://www.coindesk.com/vladimir-putin-cryptocurrency-poses-serious-risks/
https://www.coindesk.com/vladimir-putin-cryptocurrency-poses-serious-risks/
October 10, 2017, 08:02:52 AM
Until now I think bitcoin is not a rival for USD currency. bitcoin is a supporter of the world currency, for some people who may want easy and simple then bitcoin can be an option. see now that bitcoin prices are based on dollar, so do not worry because bitcoin is different from dollar. bitcoin has its own market and the dollar is just like that.
Yeah that's properly stated one. Bitcoin and dollar are mixed up always and they are compared but they are not meant to be compared because we measure the value of bitcoin in the form of dollars only. For the other world, the value is then converted to their local currency depending upon the dollar value for their currency. It is that simple. Bitcoin have never invaded the dollar in any sense and it will never do that because it stays in the blockchain forever and works through internet, there is no fear of it to real currency in any way.
We're having quite some issues now with bitcoin acceptance and legality with china so to consider it tp even be close to the dollar is folly. It's a good thing that btc's hanging strong at it's current rate.
If we wanted to stick with what China has always had on bitcoin for a while now, bitcoin would not even have grown to this extent. There is so little china can do and they know that. If China feels what they are doing is best for them, then so be it. They may as well just exempt themselves from the whole picture for all we care. However, we cannot always experience a bullish trend, as that in itself will be questioned and it is normal for it to come back to test support, but not because it is a threat to dollar.
October 09, 2017, 03:05:18 AM
I dont think trading platform cheating,
they are too busy now as the users are growing.
One thing that I think a platform is cheating if they do not share if a forking is released or made,
it sucks.
We all know that scams are common in the digital world and we need to be very carefully while investing money online and same is the case with trading exchanges. they are too busy now as the users are growing.
One thing that I think a platform is cheating if they do not share if a forking is released or made,
it sucks.
If the exchange you are using is keeping important information that you need secret, it is a clear indication about the scam nature of exchange. This is the reason only famous exchanges are recommended for trading such as bittrex.
October 05, 2017, 01:48:57 PM
In past some days some news fear people that china has ban bitcoins due to which for very little moment rate of bitcoin fall but I want to tell that people who fear that now a days that rate of bitcoin reach to the level which will never in the past. So whats the china affect on bitcoin .off course nothing.
October 04, 2017, 07:31:27 PM
I dont think trading platform cheating,
they are too busy now as the users are growing.
One thing that I think a platform is cheating if they do not share if a forking is released or made,
it sucks.
they are too busy now as the users are growing.
One thing that I think a platform is cheating if they do not share if a forking is released or made,
it sucks.
October 04, 2017, 03:54:20 PM
The only fall I think will be due to a minor correction. I believe bitcoin will continue its overall upward trend for a long time yet.
In the below video, it is explained how bitcoin could easily be worth $25,000 in 5 years. This is my opinion also, bitcoin and fiat currently do not threaten each others existence yet.
https://www.youtube.com/watch?v=WM0o4A_PNc0
In the below video, it is explained how bitcoin could easily be worth $25,000 in 5 years. This is my opinion also, bitcoin and fiat currently do not threaten each others existence yet.
https://www.youtube.com/watch?v=WM0o4A_PNc0
October 04, 2017, 02:07:02 PM
everything has up and down in life. so bitcoin rate has also up and down in the rate and due to this up and down people are investing in bitcoins because whenever rate of bitcoin decrease people start getting bitcoin and whenever rate of bitcoin increase trader start to sale bitcoins. and off course bitcoin will be most popular in future in the whole world which is threat for all currencies.
October 04, 2017, 10:49:14 AM
Until now I think bitcoin is not a rival for USD currency. bitcoin is a supporter of the world currency, for some people who may want easy and simple then bitcoin can be an option. see now that bitcoin prices are based on dollar, so do not worry because bitcoin is different from dollar. bitcoin has its own market and the dollar is just like that.
Yeah that's properly stated one. Bitcoin and dollar are mixed up always and they are compared but they are not meant to be compared because we measure the value of bitcoin in the form of dollars only. For the other world, the value is then converted to their local currency depending upon the dollar value for their currency. It is that simple. Bitcoin have never invaded the dollar in any sense and it will never do that because it stays in the blockchain forever and works through internet, there is no fear of it to real currency in any way.
We're having quite some issues now with bitcoin acceptance and legality with china so to consider it tp even be close to the dollar is folly. It's a good thing that btc's hanging strong at it's current rate.
If we wanted to stick with what China has always had on bitcoin for a while now, bitcoin would not even have grown to this extent. There is so little china can do and they know that. If China feels what they are doing is best for them, then so be it. They may as well just exempt themselves from the whole picture for all we care. However, we cannot always experience a bullish trend, as that in itself will be questioned and it is normal for it to come back to test support, but not because it is a threat to dollar.
October 04, 2017, 10:39:28 AM
Every currency will have a economic crisis then bounce back to the top after a bit time at the low dropping. So bitcoin isn't an exception , it was effected by too many factors and Bitcoin's price will fall for sure. But stay strong man, Bitcoin gonna be more and more popular , the day bitcoin becomes a threat to dollars is not that far.
October 04, 2017, 08:28:29 AM
The price of Bitcoin falling is indeed necessary, but not for the reason you suggest.
In fact, the price must fall for the simple reason that the exponential growth we have seen in the past few months is not sustainable over the long term. We are in what is a classic bubble - and a huge one at that.
If the price continues rising, it cannot go too much higher before ultimately crashing back to A LOT lower... close to where it started rising to begin with.
In fact, the price must fall for the simple reason that the exponential growth we have seen in the past few months is not sustainable over the long term. We are in what is a classic bubble - and a huge one at that.
If the price continues rising, it cannot go too much higher before ultimately crashing back to A LOT lower... close to where it started rising to begin with.
I completely agree with this your line of thought because we don't expect everything to just be experiencing upward trend without some form of correction that alone will send bad signal to the entire world and confirm their speculation about being a Ponzi scheme. But a situation like this teaches everyone some element of humility which you will be forced to possess if you really want to profit in this industry and that is exactly what is needed at this time.
October 04, 2017, 08:11:23 AM
The price of Bitcoin falling is indeed necessary, but not for the reason you suggest.
In fact, the price must fall for the simple reason that the exponential growth we have seen in the past few months is not sustainable over the long term. We are in what is a classic bubble - and a huge one at that.
If the price continues rising, it cannot go too much higher before ultimately crashing back to A LOT lower... close to where it started rising to begin with.
In fact, the price must fall for the simple reason that the exponential growth we have seen in the past few months is not sustainable over the long term. We are in what is a classic bubble - and a huge one at that.
If the price continues rising, it cannot go too much higher before ultimately crashing back to A LOT lower... close to where it started rising to begin with.
October 04, 2017, 06:01:12 AM
I'm sorry to say this, and I meant it with no disrespect, but what you are saying makes no sense. People should use exchanges with caution, because with the lack of regulation the possibility of a scam increases. Take a look to OKEx last hack for $3M. Although the exchange claims it was not their fault, and it was due to users not being careful enough, and didn't secure their accounts and PCs properly, so it wasn't a scam. But the problem, at least for me, is that the police simple didn't care about that, because BTC is still not regulated in China. This makes things even more insecure, since it will pass the message that crime will simple go unpunished.
So yes, I agree with you when you say things are not safe enough, and people must do all they can to make the use of bitcoin more safe, but saying that you shouldn't invest in it, makes no sense.
So yes, I agree with you when you say things are not safe enough, and people must do all they can to make the use of bitcoin more safe, but saying that you shouldn't invest in it, makes no sense.
October 04, 2017, 05:06:03 AM
I will go in all into bitcoin and to me bitcoin system is far more safer than fiat systems. We can actually see alot of financial manipulations in the fiat by politicians and bankers that lead to higher inflation we are having now. I have been holding bitcoin since I know about it and never been disappointed by the system at list it is better to be your own bank than the bankers who interest are to impoverished you.
When you have bitcoin who cares about the flat currency, bitcoin is deep inside it gives you more scope to earn faster as compare to paper currencies, and competing dollar with bitcoin is unnecessary because both are different thing and bitcoin is not effecting dollar in any sense, and falling is prices is due to Chinese rumors and other bad news. 
September 30, 2017, 11:23:46 AM
I will go in all into bitcoin and to me bitcoin system is far more safer than fiat systems. We can actually see alot of financial manipulations in the fiat by politicians and bankers that lead to higher inflation we are having now. I have been holding bitcoin since I know about it and never been disappointed by the system at list it is better to be your own bank than the bankers who interest are to impoverished you.
September 30, 2017, 09:41:47 AM
The fall of the dollar is necessary since it is a terrible form of money. It can be changed, but Bitcoin cannot be. Also BTC has a scarce amount. The dollar will fall, as it continues to fail.
The dollar currency is getting more and more inflation everywhere and this really should not happen in this financial market. I think if Bitcoin can replace USD then surely this will be the historical revolution of mankind because for the first time a virtual currency can dominate all markets.Right but I really don't think bitcoin will replace dollar, it may be of the same level but not to the extent that it will be more superior than dollar. It is difficult to take over a currency that has been here long before we were even born but I do believe bitcoin will be dominant in the future because most of our needs can just be a click away.
September 30, 2017, 09:19:56 AM
The fall of the dollar is necessary since it is a terrible form of money. It can be changed, but Bitcoin cannot be. Also BTC has a scarce amount. The dollar will fall, as it continues to fail.
The dollar currency is getting more and more inflation everywhere and this really should not happen in this financial market. I think if Bitcoin can replace USD then surely this will be the historical revolution of mankind because for the first time a virtual currency can dominate all markets.Right but I really don't think bitcoin will replace dollar, it may be of the same level but not to the extent that it will be more superior than dollar. It is difficult to take over a currency that has been here long before we were even born but I do believe bitcoin will be dominant in the future because most of our needs can just be a click away.
September 30, 2017, 07:41:55 AM
The fall of the dollar is necessary since it is a terrible form of money. It can be changed, but Bitcoin cannot be. Also BTC has a scarce amount. The dollar will fall, as it continues to fail.
The dollar currency is getting more and more inflation everywhere and this really should not happen in this financial market. I think if Bitcoin can replace USD then surely this will be the historical revolution of mankind because for the first time a virtual currency can dominate all markets. September 25, 2017, 04:28:31 AM
Until now I think bitcoin is not a rival for USD currency. bitcoin is a supporter of the world currency, for some people who may want easy and simple then bitcoin can be an option. see now that bitcoin prices are based on dollar, so do not worry because bitcoin is different from dollar. bitcoin has its own market and the dollar is just like that.
Yeah that's properly stated one. Bitcoin and dollar are mixed up always and they are compared but they are not meant to be compared because we measure the value of bitcoin in the form of dollars only. For the other world, the value is then converted to their local currency depending upon the dollar value for their currency. It is that simple. Bitcoin have never invaded the dollar in any sense and it will never do that because it stays in the blockchain forever and works through internet, there is no fear of it to real currency in any way.
We're having quite some issues now with bitcoin acceptance and legality with china so to consider it tp even be close to the dollar is folly. It's a good thing that btc's hanging strong at it's current rate.
September 25, 2017, 04:25:25 AM
Until now I think bitcoin is not a rival for USD currency. bitcoin is a supporter of the world currency, for some people who may want easy and simple then bitcoin can be an option. see now that bitcoin prices are based on dollar, so do not worry because bitcoin is different from dollar. bitcoin has its own market and the dollar is just like that.
Yeah that's properly stated one. Bitcoin and dollar are mixed up always and they are compared but they are not meant to be compared because we measure the value of bitcoin in the form of dollars only. For the other world, the value is then converted to their local currency depending upon the dollar value for their currency. It is that simple. Bitcoin have never invaded the dollar in any sense and it will never do that because it stays in the blockchain forever and works through internet, there is no fear of it to real currency in any way.
September 25, 2017, 02:16:51 AM
People must understand that Bitcoin isn't anymore the plaything that it was years ago. Every exchange will face difficulties if they don't properly register their activities - especially when it comes to allowing people to exchange/trade crypto versus USD. If an exchange isn't willing to go through whatever is needed to be allowed to run a platform that involves USD, it will experience what BTC-E has gone through, what Bitfinex is, or will go through, Poloniex, etc. BTC-E however is reported to be involved in the MtGox theft back in the days. I don't like the government shutting exchanges down, but in case of BTC-E, if they are really one of the master mind behind the MtGox theft, may all involved entities burn in hell.
Admittedly, earning bitcoin is a bit more difficult than ever before. Selling a BTC to convert to USD is almost down to price and difficult. No matter what, the money still holds steady against electronic money. Although electronic money has a strong exposure, it can not pass the dollar. September 25, 2017, 01:32:53 AM
Yes, that's the reason why they try to down BTC and other cryptocurrency because for the rich they're a threat for their business. Imagine that!?
September 24, 2017, 10:59:48 PM
I don't think bitcoin is going to fall, but I agree that it is necessary for bitcoin to correct a bit, to shrug off weak hands, and start heading towards new highs. I do not think bitcoin is a threat for the dollar..
That's quite true, a correction is always needed if an asset's value increases way too much in a short span of time. The correction is done so that the assets value increases with more stability and others get a chance to buy it a market price. Bitcoin is at reasonable price now and I think many are buying it these days.Bitcoin is never a threat to dollar, not only dollar but any currency. People who say its a threat should look at the technology it has and the way it runs.
September 24, 2017, 06:19:46 PM
I had heard this news from the economic expert and I think it is true that bitcoin can become the threat for dollar, if most of the people choosing bitcoin then transaction rate for dollar will decrease and that can caused the value to go down and bitcoin is more favorable to be used for now, so bitcoin really gives big advantage for the users and little fall will balance it all, so I dont mind with correction to make it balance
September 24, 2017, 12:03:12 PM
I don't think bitcoin is going to fall, but I agree that it is necessary for bitcoin to correct a bit, to shrug off weak hands, and start heading towards new highs. I do not think bitcoin is a threat for the dollar..
That's quite true, a correction is always needed if an asset's value increases way too much in a short span of time. The correction is done so that the assets value increases with more stability and others get a chance to buy it a market price. Bitcoin is at reasonable price now and I think many are buying it these days.Bitcoin is never a threat to dollar, not only dollar but any currency. People who say its a threat should look at the technology it has and the way it runs.
September 24, 2017, 10:22:19 AM
Until now I think bitcoin is not a rival for USD currency. bitcoin is a supporter of the world currency, for some people who may want easy and simple then bitcoin can be an option. see now that bitcoin prices are based on dollar, so do not worry because bitcoin is different from dollar. bitcoin has its own market and the dollar is just like that.
September 24, 2017, 10:02:14 AM
btc-e.com is back for now and Bitcoin isn't a threat for dollars. Bitcoin isn't a threat to golds too. They're not in the same, so they can't be compared like that. Bitcoin can raise the price and the ruler of this valuable is dollars.
September 24, 2017, 09:19:42 AM
btc e.com closed
All exchange sites started cheating
bad commentaire in poleinex ( more than 35 days no Reply from support)
New scams in lot of sitetrade and exchange exchange
In the end .......Things are not safe... all can lose all his money in scammer site trade
You must stop little not all investing in this currency
All exchange sites started cheating
bad commentaire in poleinex ( more than 35 days no Reply from support)
New scams in lot of sitetrade and exchange exchange
In the end .......Things are not safe... all can lose all his money in scammer site trade
You must stop little not all
investing in this currency new scams is in every where and we are need to be careful. i don't save the most bitcoin in exchange because its too risky and no one can guarantee that the site will still operate. its better that we can secure our balance in other wallet like in computer, android phone cellular or in blockchain itself because that place is the most safest that we can do.
Blockchain charges huge amounts for transfer I heard. And it is also a online wallet. Nobody seems to have a solution for this.
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September 24, 2017, 09:12:16 AM
btc e.com closed
All exchange sites started cheating
bad commentaire in poleinex ( more than 35 days no Reply from support)
New scams in lot of sitetrade and exchange exchange
In the end .......Things are not safe... all can lose all his money in scammer site trade
You must stop little not all investing in this currency
All exchange sites started cheating
bad commentaire in poleinex ( more than 35 days no Reply from support)
New scams in lot of sitetrade and exchange exchange
In the end .......Things are not safe... all can lose all his money in scammer site trade
You must stop little not all
investing in this currency new scams is in every where and we are need to be careful. i don't save the most bitcoin in exchange because its too risky and no one can guarantee that the site will still operate. its better that we can secure our balance in other wallet like in computer, android phone cellular or in blockchain itself because that place is the most safest that we can do.
September 24, 2017, 02:24:53 AM
So keeping bitcoin in online wallet is risky. And the bitcoin software needs hundreds of GBs disk space. Any solution for to this threat and problem?
September 24, 2017, 02:08:39 AM
This far fetched thinking I guess. Though there are many scam accusation it doesn't mean we can not rely on the bitcoin at all. When there is bad thing happening then there is good thing on the other side taking the shape. There won't be scam everywhere it's just you should be taking all the efforts in finding the good trading site, good investment site and exchangers etc. If you want to be that good investor then off ciursevtime must be spent on it.
Scams will keep happening all the time, it happens in the real world too and the real business are no more reliable sometimes. Even with that reluctance bitcoin is survived for so long and we should keep faith in it.
Scams will keep happening all the time, it happens in the real world too and the real business are no more reliable sometimes. Even with that reluctance bitcoin is survived for so long and we should keep faith in it.
Even if scammers are leveling up there game, as common user, we should also be smarter and more wise when encountering anything that could actually help us in our investing strategy. There always be time where we will be outsmarted but only on how much and how long. We may say we were careful but in the end we were just one of there victims. It is not new that there a lot of sites are appearing but it is also on there own discretion if they were caught in the bad act.
September 24, 2017, 01:59:54 AM
This far fetched thinking I guess. Though there are many scam accusation it doesn't mean we can not rely on the bitcoin at all. When there is bad thing happening then there is good thing on the other side taking the shape. There won't be scam everywhere it's just you should be taking all the efforts in finding the good trading site, good investment site and exchangers etc. If you want to be that good investor then off ciursevtime must be spent on it.
Scams will keep happening all the time, it happens in the real world too and the real business are no more reliable sometimes. Even with that reluctance bitcoin is survived for so long and we should keep faith in it.
Scams will keep happening all the time, it happens in the real world too and the real business are no more reliable sometimes. Even with that reluctance bitcoin is survived for so long and we should keep faith in it.
September 24, 2017, 12:50:33 AM
Actually " bitcoin is a threat for the dollar" and since is a threat it activities from mining, exchange and introduction of new projects has to be regulated in others to enable regulatory authority to stop the activities of scammers and evil people who may use the flexibility of bitcoin system to actualize they evil intentions. If nothing serious is been done we may actually witness the fall of this beautiful system.
September 24, 2017, 12:48:46 AM
I don't think bitcoin is going to fall, but I agree that it is necessary for bitcoin to correct a bit, to shrug off weak hands, and start heading towards new highs. I do not think bitcoin is a threat for the dollar..
That's quite true, a correction is always needed if an asset's value increases way too much in a short span of time. The correction is done so that the assets value increases with more stability and others get a chance to buy it a market price. Bitcoin is at reasonable price now and I think many are buying it these days.Bitcoin is never a threat to dollar, not only dollar but any currency. People who say its a threat should look at the technology it has and the way it runs.
But the thing its not the people but the government who think bitcoin is a threat to them, financially and in the economics of their country. But if they would just look closer at how bitcoin works, they can find positive thing about it and it is not threatening anyone. But they think otherwise, they consider bitcoin's decentralized as one of the factors that they are afraid of. No one is in control, no regulations whatsoever. But they really deny that fact that bitcoin is taking the world by storm.
If a country chooses to ignore bitcoin, then they will be left behind. Bitcoin is not fiat's enemy, but they can work together to improved the lives of many people that depend on bitcoin.
September 24, 2017, 12:25:34 AM
The dollar is slowly collapsing and Bitcoin is a new and revolutionary type of currency that has superior qualities to any other form of money out there, so it'll naturally be the standard one day.
September 24, 2017, 12:07:44 AM
The fall of the dollar is necessary since it is a terrible form of money. It can be changed, but Bitcoin cannot be. Also BTC has a scarce amount. The dollar will fall, as it continues to fail.
The dollar currency is getting more and more inflation everywhere and this really should not happen in this financial market. I think if Bitcoin can replace USD then surely this will be the historical revolution of mankind because for the first time a virtual currency can dominate all markets. September 23, 2017, 11:54:12 PM
I don't think bitcoin is going to fall, but I agree that it is necessary for bitcoin to correct a bit, to shrug off weak hands, and start heading towards new highs. I do not think bitcoin is a threat for the dollar..
That's quite true, a correction is always needed if an asset's value increases way too much in a short span of time. The correction is done so that the assets value increases with more stability and others get a chance to buy it a market price. Bitcoin is at reasonable price now and I think many are buying it these days.Bitcoin is never a threat to dollar, not only dollar but any currency. People who say its a threat should look at the technology it has and the way it runs.
September 23, 2017, 11:33:56 PM
The fall of the dollar is necessary since it is a terrible form of money. It can be changed, but Bitcoin cannot be. Also BTC has a scarce amount. The dollar will fall, as it continues to fail.
September 23, 2017, 10:44:00 PM
I don't think bitcoin is going to fall, but I agree that it is necessary for bitcoin to correct a bit, to shrug off weak hands, and start heading towards new highs. I do not think bitcoin is a threat for the dollar..
That's quite true, a correction is always needed if an asset's value increases way too much in a short span of time. The correction is done so that the assets value increases with more stability and others get a chance to buy it a market price. Bitcoin is at reasonable price now and I think many are buying it these days.Bitcoin is never a threat to dollar, not only dollar but any currency. People who say its a threat should look at the technology it has and the way it runs.
September 23, 2017, 10:28:16 PM
Bitcoin is not a threat to the dollar like cars were not a threat to horses. When something is no match, it is not a threat, but a revolution.
That is beautifully statedIts regulators who need to bow down and adapt, not other way around.
September 23, 2017, 10:14:40 PM
People must understand that Bitcoin isn't anymore the plaything that it was years ago. Every exchange will face difficulties if they don't properly register their activities - especially when it comes to allowing people to exchange/trade crypto versus USD. If an exchange isn't willing to go through whatever is needed to be allowed to run a platform that involves USD, it will experience what BTC-E has gone through, what Bitfinex is, or will go through, Poloniex, etc. BTC-E however is reported to be involved in the MtGox theft back in the days. I don't like the government shutting exchanges down, but in case of BTC-E, if they are really one of the master mind behind the MtGox theft, may all involved entities burn in hell.
Yep. The wild west has a sheriff now. It's time to get used to it. If an exchange decides they aren't going to bother with regulations they'll be shut down very quickly.
September 23, 2017, 10:08:34 PM
I don't think bitcoin is going to fall, but I agree that it is necessary for bitcoin to correct a bit, to shrug off weak hands, and start heading towards new highs. I do not think bitcoin is a threat for the dollar..
September 23, 2017, 09:57:47 PM
Governments will close down bitcoin and cryptocurrencies if they get too big, warns Jamie Dimon
https://www.cnbc.com/2017/09/22/bitcoin-jpmorgans-jamie-dimon-lays-into-bitcoin-again.html
https://www.cnbc.com/2017/09/22/bitcoin-jpmorgans-jamie-dimon-lays-into-bitcoin-again.html
I think this is what exactly government would also be thinking if you look from Government perspective. When every country have their own currency why will they also something which is not much in their control and still its called currency. Might be a real big country if bans it others may just follow as they will get a reason to do the same.
September 23, 2017, 08:18:41 PM
btc e.com closed
All exchange sites started cheating
bad commentaire in poleinex ( more than 35 days no Reply from support)
New scams in lot of sitetrade and exchange exchange
In the end .......Things are not safe... all can lose all his money in scammer site trade
You must stop little not all investing in this currency
There is no probkem with this currency, the problem is on that exchange site. All exchange sites started cheating
bad commentaire in poleinex ( more than 35 days no Reply from support)
New scams in lot of sitetrade and exchange exchange
In the end .......Things are not safe... all can lose all his money in scammer site trade
You must stop little not all
investing in this currency September 23, 2017, 06:44:47 PM
Governments will close down bitcoin and cryptocurrencies if they get too big, warns Jamie Dimon
https://www.cnbc.com/2017/09/22/bitcoin-jpmorgans-jamie-dimon-lays-into-bitcoin-again.html
https://www.cnbc.com/2017/09/22/bitcoin-jpmorgans-jamie-dimon-lays-into-bitcoin-again.html
I wouldn't be that much worried about this, because we gladly don't have a world filled with countries such as China prohibiting anything they can't control. At worst, I see significant regulations being put to work in order for the government to have at least some degree of control, which is basically unavoidable if we're completely honest. Back in the days we could do anything we wanted, but with the crypto market growing and growing, we'll be facing quite some serious effects of governments wanting to see what's going on. Nowadays its almost impossible to deposit/withdraw fiat without any verification due to KYC and AML and such. I am fairly sure that this is just the beginning -- at some point this verification will also be required when you just try to deposit/withdraw crypto currencies.
September 23, 2017, 06:42:26 PM
Bitcoin is not a threat to the dollar like cars were not a threat to horses. When something is no match, it is not a threat, but a revolution.
September 23, 2017, 06:21:22 PM
well well well well....that why everyone kept repeating it over and over again.....it a risk and you are advice to always keep you coin in your personal wallet unless you are ready to trade...be advice and reduce the risk of losing everything when an exchange closed.....the legal battle can be another headaches
You have a valid point, I think is not wise to throw up everything you have into trade but small percentage because closure of exchange site and the legal battle... Is going to be really funny that is if they have "license " to make matter worse.
September 23, 2017, 06:16:06 PM
Governments will close down bitcoin and cryptocurrencies if they get too big, warns Jamie Dimon
https://www.cnbc.com/2017/09/22/bitcoin-jpmorgans-jamie-dimon-lays-into-bitcoin-again.html
I think it can be only happen in country china. not here in other country.. Honestly why we care about china.. since bitcoin is decentralized we do not need china to support bitcoin if their government don't let people to trade or ban china it is ok we don't need them.. https://www.cnbc.com/2017/09/22/bitcoin-jpmorgans-jamie-dimon-lays-into-bitcoin-again.html
We can hold our bitcoin safety even the price are getting low i can hold them and sell them for the right time ..
Jamie Dimon is already announce this for a long time..
but bitcoin are still level at 3k value.
September 23, 2017, 05:53:49 PM
Governments will close down bitcoin and cryptocurrencies if they get too big, warns Jamie Dimon
https://www.cnbc.com/2017/09/22/bitcoin-jpmorgans-jamie-dimon-lays-into-bitcoin-again.html
https://www.cnbc.com/2017/09/22/bitcoin-jpmorgans-jamie-dimon-lays-into-bitcoin-again.html
September 17, 2017, 12:29:41 PM
JPMorgan CEO Jamie Dimon says bitcoin is a 'fraud' that will eventually blow up
nbc.com/2017/09/12/jpmorgan-ceo-jamie-dimon-raises-flag-on-trading-revenue-sees-20-percent-fall-for-the-third-quarter.html
nbc.com/2017/09/12/jpmorgan-ceo-jamie-dimon-raises-flag-on-trading-revenue-sees-20-percent-fall-for-the-third-quarter.html
Jamie Dimon is a fraud that will eventually blow up. He created that fake news and bought the dip himself. What a guy. Can't wait to see his systems get hacked.
He was bought lot of bitcoin at 3000 usd
JPMorgan CEO Jamie Dimon You must sell your bitcoin
It will fall because it needs correction at 1800usd ----2000usd
You may sell later at 2000 usd
September 17, 2017, 10:44:06 AM
Then stop trading. That is all the answer you need.
Why tell people to stop using this currency. Not all of us here have the same experience as you did or your friend that tells you it is not good.
People trade at their own risk. They want faster money so they look for more options on how to make their coins grow in a faster way. No one told you here that you should do that. As I also invite more people I just say to buy bitcoin not go risk it more in trading. If you lose some then why leave your coins in an exchange?
yes you can express your feelings but don't say stop using it. People are using it at their own risk even I also tell people to invest on bitcoins. but I will tell them first you study about this bitcoin if you like invest or else no. you are right you don't like to lose your bitcoins means don't use it in trading just hold in your wallet you will get profit Why tell people to stop using this currency. Not all of us here have the same experience as you did or your friend that tells you it is not good.
People trade at their own risk. They want faster money so they look for more options on how to make their coins grow in a faster way. No one told you here that you should do that. As I also invite more people I just say to buy bitcoin not go risk it more in trading. If you lose some then why leave your coins in an exchange?
September 16, 2017, 12:29:19 PM
Then stop trading. That is all the answer you need.
Why tell people to stop using this currency. Not all of us here have the same experience as you did or your friend that tells you it is not good.
People trade at their own risk. They want faster money so they look for more options on how to make their coins grow in a faster way. No one told you here that you should do that. As I also invite more people I just say to buy bitcoin not go risk it more in trading. If you lose some then why leave your coins in an exchange?
yes you can express your feelings but don't say stop using it. People are using it at their own risk even I also tell people to invest on bitcoins. but I will tell them first you study about this bitcoin if you like invest or else no. you are right you don't like to lose your bitcoins means don't use it in trading just hold in your wallet you will get profit Why tell people to stop using this currency. Not all of us here have the same experience as you did or your friend that tells you it is not good.
People trade at their own risk. They want faster money so they look for more options on how to make their coins grow in a faster way. No one told you here that you should do that. As I also invite more people I just say to buy bitcoin not go risk it more in trading. If you lose some then why leave your coins in an exchange?
September 16, 2017, 12:18:44 PM
JPMorgan CEO Jamie Dimon says bitcoin is a 'fraud' that will eventually blow up
nbc.com/2017/09/12/jpmorgan-ceo-jamie-dimon-raises-flag-on-trading-revenue-sees-20-percent-fall-for-the-third-quarter.html
nbc.com/2017/09/12/jpmorgan-ceo-jamie-dimon-raises-flag-on-trading-revenue-sees-20-percent-fall-for-the-third-quarter.html
This is comical because he has skin in the crypto game more than you would believe. He bought the dip like crazy so don't listen to this guy for a second. He's invested in blockchain tech as well!
September 16, 2017, 12:12:23 PM
Then stop trading. That is all the answer you need.
Why tell people to stop using this currency. Not all of us here have the same experience as you did or your friend that tells you it is not good.
People trade at their own risk. They want faster money so they look for more options on how to make their coins grow in a faster way. No one told you here that you should do that. As I also invite more people I just say to buy bitcoin not go risk it more in trading. If you lose some then why leave your coins in an exchange?
Why tell people to stop using this currency. Not all of us here have the same experience as you did or your friend that tells you it is not good.
People trade at their own risk. They want faster money so they look for more options on how to make their coins grow in a faster way. No one told you here that you should do that. As I also invite more people I just say to buy bitcoin not go risk it more in trading. If you lose some then why leave your coins in an exchange?
September 16, 2017, 11:57:59 AM
JPMorgan CEO Jamie Dimon says bitcoin is a 'fraud' that will eventually blow up
nbc.com/2017/09/12/jpmorgan-ceo-jamie-dimon-raises-flag-on-trading-revenue-sees-20-percent-fall-for-the-third-quarter.html
nbc.com/2017/09/12/jpmorgan-ceo-jamie-dimon-raises-flag-on-trading-revenue-sees-20-percent-fall-for-the-third-quarter.html
Jamie Dimon is a fraud that will eventually blow up. He created that fake news and bought the dip himself. What a guy. Can't wait to see his systems get hacked.
September 16, 2017, 07:11:29 AM
JPMorgan CEO Jamie Dimon says bitcoin is a 'fraud' that will eventually blow up
nbc.com/2017/09/12/jpmorgan-ceo-jamie-dimon-raises-flag-on-trading-revenue-sees-20-percent-fall-for-the-third-quarter.html
nbc.com/2017/09/12/jpmorgan-ceo-jamie-dimon-raises-flag-on-trading-revenue-sees-20-percent-fall-for-the-third-quarter.html
August 28, 2017, 12:42:29 PM
I do not think that it will fall, If your going to look at the announcement section here in the forum, There's a lot of startup company that needs advertisement and if there is a lot of mining hardware that is running to day it will still not fall because it's not getting a flat value. Just enjoy gaining money today while the value of bitcoins is still on fire.
Bitcoin will never fall. Don’t think about it relax. It is so because of the reason that so many new companies are doing mining, hundreds of businesses are trading in bitcoins, people are investing more and more, whales are there to make everything up 
bitcoin is in moon and it will never fall aback. Just invest and enjoy the life. 
August 26, 2017, 04:50:00 AM
I do not think that it will fall, If your going to look at the announcement section here in the forum, There's a lot of startup company that needs advertisement and if there is a lot of mining hardware that is running to day it will still not fall because it's not getting a flat value. Just enjoy gaining money today while the value of bitcoins is still on fire.
August 18, 2017, 03:59:08 PM
The biggest threat to bitcoin is from within, groups trying to hijack its brand and its development, first already done and goes by the name of "Bitcoin Cash", the next is planned for a few months from now and goes by the name of "Bitcoin SegWit2X".
Governments and banks will embrace bitcoin because of its property, much like gold.
Governments and banks will embrace bitcoin because of its property, much like gold.
1000% agree... this is what can kill all cryptoworld ("forking") ... GO and start forging your own coin! some little group of ppl "just cutting own peace of cake", but this "cake" not belongs to anyone... It's valuable until it's decentralized!!!
No one can encourage his friends,colleagues to invest in BTC while it's can be "forked" at any time:(
It's like you have some gold coins and someone came and "cut little peace" from it... nobody, from "real world" ,may accept,such eventuality...
"Go, and start forging your own coin"... this must be ,only answer for all, future, " wanna fork BTC " guys...
August 18, 2017, 01:46:57 PM
Bitcoin will never fail because bitcoin network will remain healthy because it is self stable. All of the bitcoin trading platform are centralized one so government can easily shutdown or monitor them and it is quite risky to save your bitcoin/crypto there. So what we need now is decentralized exchange that can work as perfect as current centralized exchange platform and can handle large trading volume. We have bitsquare which is decentralized exchange platform but it is still in development.
I think your first statement here is quite naive. Everything can rise up and everything can fall. Bitcoin is a very unstable currency, as we can tell from the initial rise a couple years ago to about 1000$ and then the insane drop that occurred right after. Bitcoin was close to 200$ then. If this currency can depreciate so quickly, I don't think it's fair to say that it will never fail.
August 18, 2017, 01:32:50 PM
People must understand that Bitcoin isn't anymore the plaything that it was years ago. Every exchange will face difficulties if they don't properly register their activities - especially when it comes to allowing people to exchange/trade crypto versus USD. If an exchange isn't willing to go through whatever is needed to be allowed to run a platform that involves USD, it will experience what BTC-E has gone through, what Bitfinex is, or will go through, Poloniex, etc. BTC-E however is reported to be involved in the MtGox theft back in the days. I don't like the government shutting exchanges down, but in case of BTC-E, if they are really one of the master mind behind the MtGox theft, may all involved entities burn in hell.
Creating fear would really make Bitcoin down. So relax dude.
August 18, 2017, 08:53:38 AM
The biggest threat to bitcoin is from within, groups trying to hijack its brand and its development, first already done and goes by the name of "Bitcoin Cash", the next is planned for a few months from now and goes by the name of "Bitcoin SegWit2X".
Governments and banks will embrace bitcoin because of its property, much like gold.
Governments and banks will embrace bitcoin because of its property, much like gold.
1000% agree... this is what can kill all cryptoworld ("forking") ... GO and start forging your own coin! some little group of ppl "just cutting own peace of cake", but this "cake" not belongs to anyone... It's valuable until it's decentralized!!!
No one can encourage his friends,colleagues to invest in BTC while it's can be "forked" at any time:(
It's like you have some gold coins and someone came and "cut little peace" from it... nobody, from "real world" ,may accept,such eventuality...
"Go, and start forging your own coin"... this must be ,only answer for all, future, " wanna fork BTC " guys...
August 18, 2017, 07:12:05 AM
I do agree that some try to scam the bitcoin investors.But we should also agree that bitcoin is a new innovative currency and that it has just passed its initial eight years successfully.We should be very much careful in this crypto world.Since it is a decentralized currency,many peple try to scam others.They have not contributed any thing for the progress of bitcoin and what they need is just money even by spoiling the reputation of bitcoin.So.its true that some awareness must be created among bitcoin community and a website should be formed giving ratings for bitcoin exchanges and platforms based on customer reviews like survey police in internet which shows ratings of websites which provide online jobs and clearly shows the scam websites and companies.
August 18, 2017, 04:21:45 AM
Hey mate how about you start using DEX from now on instead of trusting total strangers over the internet without them being physically accessible
To you? none of the current exchanging service providers are trustworthy, no one should ever trust them with even $10 bucks, I am confused about
The fact that people are too blinded by greed or are just stupid to give their money hard earned or otherwise to others, no one would give me any thing
If I ask them to so why would they give exchanges? decentralized exchanges work this way; you import your address and private key in which you are
Holding your balance, and when you complete an order the exchange acts as an escrow automatically without any human involvement. you should
Always consider everyone else other than yourself as thieves and your enemies mate.
To you? none of the current exchanging service providers are trustworthy, no one should ever trust them with even $10 bucks, I am confused about
The fact that people are too blinded by greed or are just stupid to give their money hard earned or otherwise to others, no one would give me any thing
If I ask them to so why would they give exchanges? decentralized exchanges work this way; you import your address and private key in which you are
Holding your balance, and when you complete an order the exchange acts as an escrow automatically without any human involvement. you should
Always consider everyone else other than yourself as thieves and your enemies mate.
August 18, 2017, 03:41:31 AM
Exchanges suddenly turning into a scam is surely a bad thing for btc but it is not compulsory for you to lose tradimg is not important you can make good money but if it's risky then you are blindly gambling here and assuming the site won't scam you. Just store your btc trading isn't a must.
Speaking of threats to dollar no it isn't dollar is controlled by us as everyone knows that and they are the current world power. There are very less countries like Iran, russia, north korea who will actually be a threat to dollar otherwose dollar is safe.
Speaking of threats to dollar no it isn't dollar is controlled by us as everyone knows that and they are the current world power. There are very less countries like Iran, russia, north korea who will actually be a threat to dollar otherwose dollar is safe.
August 18, 2017, 12:17:57 AM
Bitcoin will never fail because bitcoin network will remain healthy because it is self stable. All of the bitcoin trading platform are centralized one so government can easily shutdown or monitor them and it is quite risky to save your bitcoin/crypto there. So what we need now is decentralized exchange that can work as perfect as current centralized exchange platform and can handle large trading volume. We have bitsquare which is decentralized exchange platform but it is still in development.
August 18, 2017, 12:09:46 AM
People must understand that Bitcoin isn't anymore the plaything that it was years ago. Every exchange will face difficulties if they don't properly register their activities - especially when it comes to allowing people to exchange/trade crypto versus USD. If an exchange isn't willing to go through whatever is needed to be allowed to run a platform that involves USD, it will experience what BTC-E has gone through, what Bitfinex is, or will go through, Poloniex, etc. BTC-E however is reported to be involved in the MtGox theft back in the days. I don't like the government shutting exchanges down, but in case of BTC-E, if they are really one of the master mind behind the MtGox theft, may all involved entities burn in hell.
While I really sympathized with members of BTC-e because they the ones carrying the burden by losing their funds, I am also concerned about the illegal activities rampant online victimizing many people. There has to be a balance between allowing cryptocurrency related businesses to flourish and the need to also regulate so that illegal activities can be controlled if not totally eliminated.
And I think there are now many regulations in place that crypto entities have to go through especially in registering their business and making sure that they followed what should be followed. As for exchanges, they should make sure that they are above the board and not hiding anything that can in the end endanger the funds of their trusting members.
August 18, 2017, 12:03:02 AM
People must understand that Bitcoin isn't anymore the plaything that it was years ago. Every exchange will face difficulties if they don't properly register their activities - especially when it comes to allowing people to exchange/trade crypto versus USD. If an exchange isn't willing to go through whatever is needed to be allowed to run a platform that involves USD, it will experience what BTC-E has gone through, what Bitfinex is, or will go through, Poloniex, etc. BTC-E however is reported to be involved in the MtGox theft back in the days. I don't like the government shutting exchanges down, but in case of BTC-E, if they are really one of the master mind behind the MtGox theft, may all involved entities burn in hell.
While I really sympathized with members of BTC-e because they the ones carrying the burden by losing their funds, I am also concerned about the illegal activities rampant online victimizing many people. There has to be a balance between allowing cryptocurrency related businesses to flourish and the need to also regulate so that illegal activities can be controlled if not totally eliminated.
And I think there are now many regulations in place that crypto entities have to go through especially in registering their business and making sure that they followed what should be followed. As for exchanges, they should make sure that they are above the board and not hiding anything that can in the end endanger the funds of their trusting members.
August 17, 2017, 11:57:36 PM
People must understand that Bitcoin isn't anymore the plaything that it was years ago. Every exchange will face difficulties if they don't properly register their activities - especially when it comes to allowing people to exchange/trade crypto versus USD. If an exchange isn't willing to go through whatever is needed to be allowed to run a platform that involves USD, it will experience what BTC-E has gone through, what Bitfinex is, or will go through, Poloniex, etc. BTC-E however is reported to be involved in the MtGox theft back in the days. I don't like the government shutting exchanges down, but in case of BTC-E, if they are really one of the master mind behind the MtGox theft, may all involved entities burn in hell.
You are absolutely right mate, Most of the person in this industry they don't know the deepest meaning of bitcoin. Those exchange too must realize how to do proper requirements to make their activities be well organize,. That's why there is a big possibility that bitcoin can be a threat to dollars because of its criteria it has which is bitcoin. August 17, 2017, 11:55:06 PM
Yeah just because of this behaviour of the exchanges and trading platform government might just take over the business of bitcoin and shut it or may make it centralised one. We are freely exchanging a virtually currency with USD or local currency as per the country and then the bank have to pay that to us. This on mass scale is difficult as big wallets, exchangers and trading platforms are raising more than billion to trillion dollars each year. This will ultimately make unhealthy economy for our government because they will need to print more money of Ron taxes really.
It is literally open fraud if exchangers keep doing big scams and make peoples money unsecured. Many sites closed like this and feds has ceased the money from them which is also affecting the bitcoin circulation because that money will be kept in the fed security or will be auctioned in cheapest possible price. Thats aint good for the bitcoin.
August 17, 2017, 10:41:48 PM
me i sel my btc at 2500
there, there.
i am sorry you missed the chance to buy bitcoin when it was cheap and also fell for the FUD and sold what you had in the last dip when price was low and everyone was buying the dip.
don't stress yourself out too much over it. next time learn from your mistake and don't fall for the FUD and buy when everyone is talking out of their behind about selling.
August 17, 2017, 10:20:55 PM
People must understand that Bitcoin isn't anymore the plaything that it was years ago. Every exchange will face difficulties if they don't properly register their activities - especially when it comes to allowing people to exchange/trade crypto versus USD. If an exchange isn't willing to go through whatever is needed to be allowed to run a platform that involves USD, it will experience what BTC-E has gone through, what Bitfinex is, or will go through, Poloniex, etc. BTC-E however is reported to be involved in the MtGox theft back in the days. I don't like the government shutting exchanges down, but in case of BTC-E, if they are really one of the master mind behind the MtGox theft, may all involved entities burn in hell.
You are absolutely right mate, Most of the person in this industry they don't know the deepest meaning of bitcoin. Those exchange too must realize how to do proper requirements to make their activities be well organize,. That's why there is a big possibility that bitcoin can be a threat to dollars because of its criteria it has which is bitcoin. August 17, 2017, 07:14:10 PM
well well well well....that why everyone kept repeating it over and over again.....it a risk and you are advice to always keep you coin in your personal wallet unless you are ready to trade...be advice and reduce the risk of losing everything when an exchange closed.....the legal battle can be another headaches
August 17, 2017, 05:43:33 PM
People must understand that Bitcoin isn't anymore the plaything that it was years ago. Every exchange will face difficulties if they don't properly register their activities - especially when it comes to allowing people to exchange/trade crypto versus USD. If an exchange isn't willing to go through whatever is needed to be allowed to run a platform that involves USD, it will experience what BTC-E has gone through, what Bitfinex is, or will go through, Poloniex, etc. BTC-E however is reported to be involved in the MtGox theft back in the days. I don't like the government shutting exchanges down, but in case of BTC-E, if they are really one of the master mind behind the MtGox theft, may all involved entities burn in hell.
Its true that the coming days will be difficult consodering the attention and the law making process that is in process at this time but at the same time, its does not mean the end of bitcoin because most of the laws being referenced to, are talking about regulation rather than shutting down which means that a lot of people will still very much involved while those who are fond of using the technology for illegal means will have to look for something else. It might not be black and white as painted but its a possibility.
August 17, 2017, 05:08:49 PM
People are kidding themselves if they think bitcoin is going to die.
in 2100 there will be NO currency.
in 2100 there will be NO currency.
In 2100 there wont be anyone (or at least the majority) from this forum.
Soon, there will be a private key written down in the last will and testament of some crypto billionaire.
No more fiat to the heirs.
August 17, 2017, 04:58:39 PM
People are kidding themselves if they think bitcoin is going to die.
in 2100 there will be NO currency.
in 2100 there will be NO currency.
August 17, 2017, 04:13:29 PM
The biggest threat to bitcoin is from within, groups trying to hijack its brand and its development, first already done and goes by the name of "Bitcoin Cash", the next is planned for a few months from now and goes by the name of "Bitcoin SegWit2X".
Governments and banks will embrace bitcoin because of its property, much like gold.
Governments and banks will embrace bitcoin because of its property, much like gold.
This forking business 'Bitcoin SegWit2x' or the next one after that will be the end of Bitcoin and cryptos. This idea of creating valueless forked versions of an intrinsically valueless and intangible 'coin' is dangerous and once the market catches on and the bubble bursts, no crypto will recover and go above $1 in my opinion. This idea of undermining currencies every couple of months will prove fatal.
August 17, 2017, 04:04:05 PM
The biggest threat to bitcoin is from within, groups trying to hijack its brand and its development, first already done and goes by the name of "Bitcoin Cash", the next is planned for a few months from now and goes by the name of "Bitcoin SegWit2X".
Governments and banks will embrace bitcoin because of its property, much like gold.
Governments and banks will embrace bitcoin because of its property, much like gold.
August 17, 2017, 03:41:44 PM
People must understand that Bitcoin isn't anymore the plaything that it was years ago. Every exchange will face difficulties if they don't properly register their activities - especially when it comes to allowing people to exchange/trade crypto versus USD. If an exchange isn't willing to go through whatever is needed to be allowed to run a platform that involves USD, it will experience what BTC-E has gone through, what Bitfinex is, or will go through, Poloniex, etc. BTC-E, however, is reported to be involved in the MtGox theft back in the days. I don't like the government shutting exchanges down, but in case of BTC-E, if they are really one of the master mind behind the MtGox theft, may all involved entities burn in hell.
You're 100% right.. as an aspiring crypto lawyer, I have been reading findings from the SEC, UK and EU regulatory authorities which suggest that the starting point towards regulating cryptocurrencies is to monitor all the possible exchanging avenues from crypto to fiat. Governments have entire departments ready to implement new directives and strict laws could be in place very soon announcing that trading cryptos over a certain amount per year (as an unlicensed individual) is a crime (with mandatory minimums) thus rendering services like localbitcoins illegal. Meanwhile, they'll set strict AML, KYC and fiduciary obligations on the established and new exchanges making it 'safer' for the people and a lot more beurocratic (going against the very principle of cryptocurrencies).
August 17, 2017, 03:29:57 PM
People must understand that Bitcoin isn't anymore the plaything that it was years ago. Every exchange will face difficulties if they don't properly register their activities - especially when it comes to allowing people to exchange/trade crypto versus USD. If an exchange isn't willing to go through whatever is needed to be allowed to run a platform that involves USD, it will experience what BTC-E has gone through, what Bitfinex is, or will go through, Poloniex, etc. BTC-E however is reported to be involved in the MtGox theft back in the days. I don't like the government shutting exchanges down, but in case of BTC-E, if they are really one of the master mind behind the MtGox theft, may all involved entities burn in hell.
August 17, 2017, 03:02:57 PM
btc e.com closed
All exchange sites started cheating
bad commentaire in poleinex ( more than 35 days no Reply from support)
New scams in lot of sitetrade and exchange exchange
In the end .......Things are not safe... all can lose all his money in scammer site trade
You must stop little not all investing in this currency
All exchange sites started cheating
bad commentaire in poleinex ( more than 35 days no Reply from support)
New scams in lot of sitetrade and exchange exchange
In the end .......Things are not safe... all can lose all his money in scammer site trade
You must stop little not all
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