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Topic: If banks start to talk about Bitcoin ... - page 2. (Read 2340 times)

sr. member
Activity: 350
Merit: 250
The bank can try as hard as they want to, to clone bitcoin in the future but they cannot touch the beauty of bitcoin, they can never screw bitcoin up as long as it has millions and millions of supporters, backing it up, using it and trading with it everyday. Refusal of their currency and using bitcoin will be an economic revolt and I hope that happens soon Wink
hero member
Activity: 546
Merit: 501
And then I have no idea if the Blockchain technology in the banks version is a good news to their customers or not.

The original will still be better. They can observe and learn about it however in the end they will be just making another useless clone. However this is not something bank would do unless BTC become a threat to them. BTC has shown some potential of becoming a threat but only a few people noticed it

I think we can't predict accurately what the banks have done, what they are still doing, and what they will do. Although bitcoin hasn't been a threat to them yet, but I guess banks have noticed the potentials of bitcoin and are observing the bitcoin development in world now.


Banks are still skeptical about Bitcoins as many countries are still believe that it wouldn't do them any good. Somewhere the thought that the Banks still considers losing its own power over the currency and profiting out of it would be ruled out. Their fears are quite obvious.
hero member
Activity: 994
Merit: 1000
I think the banks are studying about what bitcoin is and what the technologies behind it, then develop it with their own way. I'm sure banks don't want to adopt bitcoin, since they can't control it.

Yes, all these banksters are trying to develop their own crypto currency on the down low and force citizens to adopt it, forcing their opinion down everybody's throat and taking money out of their asses. Fucking cunts have no respect for anything. They won't adopt bitcoin because they can't control it, they will never be able to control it and they wouldn't adopt anything they can't have some personal share of its own.
legendary
Activity: 2982
Merit: 1506
Pie Baking Contest: https://tinyurl.com/2s3z6dee
And then I have no idea if the Blockchain technology in the banks version is a good news to their customers or not.

The original will still be better. They can observe and learn about it however in the end they will be just making another useless clone. However this is not something bank would do unless BTC become a threat to them. BTC has shown some potential of becoming a threat but only a few people noticed it

I think we can't predict accurately what the banks have done, what they are still doing, and what they will do. Although bitcoin hasn't been a threat to them yet, but I guess banks have noticed the potentials of bitcoin and are observing the bitcoin development in world now.
legendary
Activity: 2562
Merit: 1414
Bank are becoming afraid now of Bitcoin and it was a great concern in some countries.

Due to the previous hype about Greece + BTC then most bank could have been monitoring the situation about this but leaving that aside, for now I could say that BTC is not a threat yet for bank. Unless we could have more people (adoption) to use it, BTC will just serve as a tool for some minority

And another main factor while banks are afraid is because their investors might invest in bitcoin and bank wont have much income.

You should probably learn on how banks make their profit (Hint : use google ) . Regarding the investor, I believe there has been quite a number of people shifting to BTC especially with the recent news of Greece and some fact that BTC has been rallying for few times ever since the past few weeks and that serve as a good sign that some people is actually getting into this

And then I have no idea if the Blockchain technology in the banks version is a good news to their customers or not.

The original will still be better. They can observe and learn about it however in the end they will be just making another useless clone. However this is not something bank would do unless BTC become a threat to them. BTC has shown some potential of becoming a threat but only a few people noticed it


legendary
Activity: 2982
Merit: 1506
Pie Baking Contest: https://tinyurl.com/2s3z6dee
Well, I had a interesting discussion with a investment banker a while ago... In our first discussion he said, "On a global scale, Bitcoin has no impact, it's just too small" He was comparing it to other commodities and other fiat currencies.

He seemed to change his mind lately... He now says.. "Bitcoin is still small, but the Blockchain technology has a lot of potential"

Now, take note... He did not say, "...the Blockchain has a lot of potential" ...rather "...the Blockchain technology has a lot of potential."

He did not respond to my question... if they would invest in the Blockchain or in a similar type of technology... He just smiled.

My guess is, they will come out with their own version of the Blockchain and they will get governments to back their version of it. 

And then I have no idea if the Blockchain technology in the banks version is a good news to their customers or not. If they really adopt the technology, I think the bank will take higher fee to any transaction in it. They are really hardworkers to gain much profit from society.
hero member
Activity: 490
Merit: 500
37iGtdUJc2xXTDkw5TQZJQX1Wb98gSLYVP
Bank are becoming afraid now of Bitcoin and it was a great concern in some countries. Since bitcoin offers alternative ways than conventional banking systems, lots of people are having advantage with bitcoin. And another main factor while banks are afraid is because their investors might invest in bitcoin and bank wont have much income. Actually, some of the companies who are good in selling and buying golds are now interested and made anouncement that they will be expanding to bitcoin. The mergence of cryptocurrencies like bitcoin has the potential to change on how people buy and sell services.
member
Activity: 117
Merit: 10
Chase bank is well aware of cryptocurrency.
legendary
Activity: 1904
Merit: 1074
Well, I had a interesting discussion with a investment banker a while ago... In our first discussion he said, "On a global scale, Bitcoin has no impact, it's just too small" He was comparing it to other commodities and other fiat currencies.

He seemed to change his mind lately... He now says.. "Bitcoin is still small, but the Blockchain technology has a lot of potential"

Now, take note... He did not say, "...the Blockchain has a lot of potential" ...rather "...the Blockchain technology has a lot of potential."

He did not respond to my question... if they would invest in the Blockchain or in a similar type of technology... He just smiled.

My guess is, they will come out with their own version of the Blockchain and they will get governments to back their version of it. 
legendary
Activity: 2982
Merit: 1506
Pie Baking Contest: https://tinyurl.com/2s3z6dee
I dont see them studying bitcoin for positive purposes most likely they would try to bring it down some how or try to make money of it, either way banks don't like loosing money all they want is a win win situation.

Well the banks is studying it for their own purposes, which they want to know how get higher profit with it. They won't bring it down, because they can't control it. Maybe the best way for them to bring it down is spread negative issue that related to bitcoin to make their customers avoid it.
legendary
Activity: 3248
Merit: 1070
is this something new? they were adopting blochchain technology since months already, at least those bank should know what is bitcoin and talking about it should be a thing of the past for them

i think the recent greece crisis boost that a bit, and now the talking about it has ramped to other places, fairly quickly..
hero member
Activity: 686
Merit: 500
I think the banks are studying about what bitcoin is and what the technologies behind it, then develop it with their own way. I'm sure banks don't want to adopt bitcoin, since they can't control it.

I dont see them studying bitcoin for positive purposes most likely they would try to bring it down some how or try to make money of it, either way banks don't like loosing money all they want is a win win situation.
legendary
Activity: 2982
Merit: 1506
Pie Baking Contest: https://tinyurl.com/2s3z6dee
I think the banks are studying about what bitcoin is and what the technologies behind it, then develop it with their own way. I'm sure banks don't want to adopt bitcoin, since they can't control it.
legendary
Activity: 1554
Merit: 1026
★Nitrogensports.eu★
Unless you're not aware, it already started. On a slow phase, eventually they will scale it up and integrate with bitcoin then that "big reset" will happen.

Yes, they are still 'fighting' Bitcoin. When they start scrambling to adopt Bitcoin, we will know that the reset is about to happen. Citi has made a start with citicoin.
hero member
Activity: 658
Merit: 500
Buy and sell bitcoins,
Unless you're not aware, it already started. On a slow phase, eventually they will scale it up and integrate with bitcoin then that "big reset" will happen.
newbie
Activity: 34
Merit: 0
some funny peeps up in this thread. love the humor Smiley
legendary
Activity: 1153
Merit: 1012
Yes, it seems that this year banks talks about bitcoin much more than before.
Here is recent update from Hungarian central bank: https://bitcointalksearch.org/topic/m.11615268
What can we conclude from that?
If banks start to talk about Bitcoin... it's time to buy bitcoin Smiley

Not necessarily - maybe they just want to liquidate their position... Wink

I think the reason banks are starting to talk about Bitcoin is that they are afraid of it. They are afraid that Bitcoin could push them out of business or at least destroy their main sources of income. So they will try to integrate it somehow into their business model. But I don't think they will have much success, because Bitcoin already contains everything the average Joe needs - there not much room for profitable banking services in addition to that.

Regarding the BIG RESET (sorry for not writing it big enough Grin): It will come, but it's difficult to estimate the exact time...
legendary
Activity: 3374
Merit: 1824
Yes, it seems that this year banks talks about bitcoin much more than before.
Here is recent update from Hungarian central bank: https://bitcointalksearch.org/topic/m.11615268
What can we conclude from that?
If banks start to talk about Bitcoin... it's time to buy bitcoin Smiley
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
a big reset in slow motion maybe - but not this year my friend.
legendary
Activity: 1512
Merit: 1012
and specially, the BIG RESET is this year : http://waldenlabs.com/the-big-reset/
others people can heard "nWo" instead of big-reset ...  Roll Eyes
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