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Topic: Is Bitcoin be able to Kill the Bank-System ? (Read 1608 times)

brand new
Activity: 0
Merit: 0
December 31, 2013, 01:36:18 PM
#50
btc should be 35-50k$ to impresive mondial banks
newbie
Activity: 22
Merit: 0
December 31, 2013, 01:23:58 PM
#48
I feel with the impending regulation btc will lose it's "anonymous" status and become linked to the wallet owners somehow in order for governments to be able to tax the funds each contains/received throughout the year. But I feel it will keep its decentralized status. Major changes are on the horizon, hold on tight it's gonna be a bumpy ride.
hero member
Activity: 756
Merit: 500
December 31, 2013, 01:04:37 PM
#47
Maybe... All we know is that it is winning so far. That's the good part!

I wouldn't say we're winning yet, but we are definitly the underdog that people like to back Smiley
newbie
Activity: 2
Merit: 0
December 30, 2013, 06:48:17 PM
#46
Maybe... All we know is that it is winning so far. That's the good part!
newbie
Activity: 22
Merit: 0
December 30, 2013, 06:29:09 PM
#45
Central banks and gov'ts are happy people are getting used to digital currencies... their fantasy is to land on a centralized, trackable, flexible currency... easy to tax.
newbie
Activity: 14
Merit: 0
December 30, 2013, 06:01:55 PM
#44
emails were the first revolution. now we enter the second revolution with 38 g/hash overclocked  Grin

Quote
If btc gets too large the government will make it illegal

curious to see that.
hero member
Activity: 756
Merit: 500
December 30, 2013, 04:44:47 PM
#43
I think it has a chance to but maybe not in are lifetime.
newbie
Activity: 13
Merit: 0
December 30, 2013, 03:31:51 PM
#42
The more embracement from bankers, the more effort to regulate the bitcoin. But bitcoin born to be de-regulated.
sr. member
Activity: 812
Merit: 250
December 30, 2013, 11:45:34 AM
#41
Sure. In case of a inflation everything is possible.
global moderator
Activity: 3990
Merit: 2717
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December 30, 2013, 11:44:23 AM
#40
This thread is about possibilitys. So EVERYBODY can only guess and share opinions. You should learn th open your eye and your mind.

They are both open. So it is possible that one Bitcoin will be worth one hundred trillion dollars also?
sr. member
Activity: 812
Merit: 250
December 30, 2013, 11:42:49 AM
#39
This thread is about possibilitys. So EVERYBODY can only guess and share opinions. You should learn to open your eye and your mind. BTW, if you read in internet, you will found, that i am not alone with my opinion. Many owner of BTC thinking same me, not only BTC hater.
global moderator
Activity: 3990
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December 30, 2013, 11:39:30 AM
#38


No, you just don't get the point. I talk about a possible future scenario. This point you wont or can't figure out.

I get your point, it's just based on nothing but your own opinion and is fundamentally flawed.
sr. member
Activity: 812
Merit: 250
December 30, 2013, 11:37:32 AM
#37
No, you just don't get the point. I talk about a possible future scenario. This point you wont or can't figure out. But never mind, is not my job to teach a BTC fanboi about economy or what is a possible worst case scenario.

I like BTC too, but i watch everything with open eye and open mind.

BTW, take your BTC tmr, and try to pay for your expenses, bills, food and so on. Can you? Grin
global moderator
Activity: 3990
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December 30, 2013, 11:35:15 AM
#36
Just found a reason, easy as that! Money laundering, drug currency whatever! WHAT they found to ban make no matter, the reason WILL be easy to found.

Official exchanger are all the exchanger, which you can found now. Easy to ban the handful. And if they forbidden by law there will not be much underground exchanger, who want get in trouble with law or go to jail for this little profit.

Apply all those reasons to fiat currency and drugs.

Again, we don't need exchanges.
For a price at this level now, you need big exchanger worldwide. Take tmr all of the big exchanger out the game, 1BTC is $0.0000000001 worth, like many other worthless alt coins. What you think, why alt coins are so cheap? It's just about attention and acceptance. If BTC would not have that much exchanger, the price would be the same like devcoin, shitcoin, lickmyasscoin or many other.

Alt coins are worthless for many reasons, mainly because you can't buy shit with them. It's not because they're not on exchanges because many are. You can get many crapcoins on exchanges like Doge. You're just making figures up out of thin air based on your own naive and misinformed logic.
sr. member
Activity: 812
Merit: 250
December 30, 2013, 11:35:01 AM
#35
That is right, NextGenBit. Right now bankers are not really much worry about the BTC, because they not lost money.

Take a look.

http://www.cryptonews.biz/what-banks-should-do-to-save-their-business-from-bitcoin/
newbie
Activity: 22
Merit: 0
December 30, 2013, 11:34:38 AM
#34
So it essentially a consensus that btc has a certain value based on market value, (what people perceive btc is worth depending on demand) if more online merchants and the possibility of local merchants to accept btc then the demand to own btc will be more. It's basic supply and demand, the more places that accept btc as a form of payment the better for the market. The issue comes with it's variability in price daily, merchants that operate on constant monthly payments or recurring transactions will be skeptical since the ability to write a contractual agreement is gonna be hard. Ehh it's all speculation really.
sr. member
Activity: 812
Merit: 250
December 30, 2013, 11:28:26 AM
#33
Just found a reason, easy as that! Money laundering, drug currency whatever! WHAT they found to ban make no matter, the reason WILL be easy to found.

Official exchanger are all the exchanger, which you can found now. Easy to ban the handful. And if they forbidden by law there will not be much underground exchanger, who want get in trouble with law or go to jail for this little profit.

Apply all those reasons to fiat currency and drugs.

Again, we don't need exchanges.
For a price at this level now, you need big exchanger worldwide. Take tmr all of the big exchanger out the game, 1BTC is $0.0000000001 worth, like many other worthless alt coins. What you think, why alt coins are so cheap? It's just about attention and acceptance. If BTC would not have that much exchanger, the price would be the same like devcoin, shitcoin, lickmyasscoin or many other.
sr. member
Activity: 812
Merit: 250
December 30, 2013, 11:27:16 AM
#32
It all depends on how much people and businesses will use BTC in the future. If people are able to pay their groceries and tuition with BTC it might have a chance. One big problem imo is that it'll probably never replace USD/EUR because banks will still demand the mortgages and loans to be payed in these currencies.
That is absolute right! Its 100% depend on that. And if BTC grows to much, without the control of the FED and central banks, they will found a reason. It's just the matter of attention, now BTC is still not interesting enough.
global moderator
Activity: 3990
Merit: 2717
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December 30, 2013, 11:26:32 AM
#31
Just found a reason, easy as that! Money laundering, drug currency whatever! WHAT they found to ban make no matter, the reason WILL be easy to found.

Official exchanger are all the exchanger, which you can found now. Easy to ban the handful. And if they forbidden by law there will not be much underground exchanger, who want get in trouble with law or go to jail for this little profit.

Apply all those reasons to fiat currency and drugs.

Again, we don't need exchanges.
newbie
Activity: 1
Merit: 0
December 30, 2013, 11:25:25 AM
#30
It all depends on how much people and businesses will use BTC in the future. If people are able to pay their groceries and tuition with BTC it might have a chance. One big problem imo is that it'll probably never replace USD/EUR because banks will still demand the mortgages and loans to be payed in these currencies.
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