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Topic: Is Bitcoin be able to Kill the Bank-System ? - page 2. (Read 1608 times)

sr. member
Activity: 812
Merit: 250
December 30, 2013, 11:22:49 AM
#29
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.

How many of the bear coverings will keep they fiat money within btc, what you guess? If you guess right, then you will understand, how the price of BTC will crash. Or WHAT you guess, is the reason of 1BTC=800USD? The comunity/geeks/nerds? Hahahaha you are naive mate.
global moderator
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December 30, 2013, 11:19:29 AM
#28
I wrote it already how. Just ban the official exchanger, and the BTC price will crash to USD0.0000001 per BTC.

You saw what is happen in china a few days ago? They DON'T forbidden anything, JUST make it more difficult to exchange the FIAT in BTC.

BTC was falling about 50% within hours.

Can you imagine if they ban BTC worldwide, what gonna happen?

BTC will be a underground currency use by some geeks and nerds. Sure. But with a worth of $0.000000001.

Tell me how they will ban it? The world cannot ban BTC. It would be foolish to even try. What do you mean official exchanger? You're just making up numbers now. The value fell and it has now risen back with or without China.
sr. member
Activity: 812
Merit: 250
December 30, 2013, 11:16:24 AM
#27
I wrote it already how. Just ban the official exchanger, and the BTC price will crash to USD0.0000001 per BTC.

You saw what is happen in china a few days ago? They DON'T forbidden anything, JUST make it more difficult to exchange the FIAT in BTC.

BTC was falling about 50% within hours.

Can you imagine if they ban all BTC exchanger worldwide, what gonna happen?

BTC will be a underground currency use by some geeks and nerds. Sure. But with a worth of $0.000000001.
global moderator
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December 30, 2013, 11:11:58 AM
#26
Dude, honestly: Are you really so naive?

since when need the government of the united state for example a reason to forbidden something? Or any other government of all this "democracy" governments in the world?

And the other point, this is ridiculous and funny together! Grin

What is the sense of a internet currency, if i have to go on the road, to found somebody (geek or nerd) to exchange my worthless BTC in a useful currency? You are funny dude. Really funny. Grin

Even if they ban BTC and forbidden by law, you want found some "private" exchanger on the road? It's like deal with drugs...hahaha cool idea! And i am sure MANY exchanger will wait on the road, always worry to get catched and go straight on to the jail.

Probably there will be for sure some, but try to imagine HOW many ppl would like to use that difficult and dangerous service...and how much will 1BTC be worth in this future scenario? Per mill of a $ cent...as i wrote above.

I think you're the one being naive here. Tell me how would the governments ban Bitcoin without banning the internet or computers? You wont have to "go on the road". You'll deal with it on the internet, like you do already. It's funny you mention drugs, they're banned but look how easy I can buy them online and on the streets. Prohibition or bans wont work, but you're a funny dude.
sr. member
Activity: 812
Merit: 250
December 30, 2013, 11:01:42 AM
#25
Dude, honestly: Are you really so naive?

since when need the government of the united state for example a reason to forbidden something? Or any other government of all this "democracy" governments in the world?

Remember what was happen with JF after he try to change the money printing and want to establish a own $$ without the FED control? And you really believe, that they need a reason? I guess you are really young, right? Young and naive. Wink

And the other point, this is ridiculous and funny together! Grin

What is the sense of a internet currency, if i have to go on the road, to found somebody (geek or nerd) to exchange my worthless BTC in a useful currency? You are funny dude. Really funny. Grin

Even if they ban BTC and forbidden by law, you want found some "private" exchanger on the road? It's like deal with drugs...hahaha cool idea! And i am sure MANY exchanger will wait on the road, always worry to get catched and go straight on to the jail.

Probably there will be for sure some, but try to imagine HOW many ppl would like to use that difficult and dangerous service...and how much will 1BTC be worth in this future scenario? Per mill of a $0.01...as i wrote above.
global moderator
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December 30, 2013, 10:55:38 AM
#24
Interesting. And what you do with your BTC if you can't exchange in a currency, which you can use somewhere in the world?

You can't buy food in supermarket or pay any bill with your BTC if forbidden by government. Thinking before posting. Wink

It's you that isn't doing the thinking. You don't need to use exchanges to exchange the money. People were trading in BTC long before the exchanges. You can meet people on the street or trade it online.

And under what legal grounds will the government be able to ban it? Regardless of "bans" or regulations, people will still use it
sr. member
Activity: 812
Merit: 250
December 30, 2013, 10:48:51 AM
#23
Interesting. And what you do with your BTC if you can't exchange in a currency, which you can use somewhere in the world?

You can't buy food in supermarket or pay any bill with your BTC if forbidden by government. Thinking before posting. Wink
global moderator
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December 30, 2013, 10:39:06 AM
#22
Money =/= Bitcoin.

If BTC is forbidden to exchange, the worth of 1 BTC will falling far under 1 USD Cent, because only a handful geeks and nerds use it for nostalgia reason...

So if you want send me 100USD you must send me the entire amount of 21Million BTC. Yeah!

BTC is nothing worth, only what ppl are willing to exchange. And without exchanger= no ppl= no worth anymore.

You are ridiculously wrong. People don't have to use exchanges to trade the currency. As long as people believe it has worth and are willing to use it as a payment medium, then it will be valuable.
sr. member
Activity: 812
Merit: 250
December 30, 2013, 10:33:41 AM
#21
Money =/= Bitcoin.

If BTC is forbidden to exchange, the worth of 1 BTC will falling far under 1 USD Cent, because only a handful geeks and nerds use it for nostalgia reason...

So if you want send me 100USD you must send me the entire amount of 21Million BTC. Yeah!

BTC is nothing worth, only what ppl are willing to exchange. And without exchanger= no ppl= no worth anymore.
hero member
Activity: 840
Merit: 509
December 30, 2013, 10:29:12 AM
#20
No, is not able to do. The jewish bank owner of FED and all other central banks will prevent, that this gonna happen. Be 100% SURE about this!

Now BTC is just not importend and to small for them to care about. Let BTC grow up, and we got the attention.

How will they prevent it? You can't really stop people from using it.
True. But they can stop every exchanger worldwide or any outlets who accept bitcoin payments. And then? You can use it for what exactly?

They might be able to put restrictions or block exchanges, but they cant stop me sending money to you.
global moderator
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December 30, 2013, 10:27:04 AM
#19
No, is not able to do. The jewish bank owner of FED and all other central banks will prevent, that this gonna happen. Be 100% SURE about this!

Now BTC is just not importend and to small for them to care about. Let BTC grow up, and we got the attention.

How will they prevent it? You can't really stop people from using it.

Can't stop people from using it? Isn't that exactly what China did? They basically crashed btc value by more than 40% by doing that!

Nope, the majority of the coins traded are still going into China. And China didn't Crash the market; idiots did panic selling.
sr. member
Activity: 812
Merit: 250
December 30, 2013, 10:23:36 AM
#18
No, is not able to do. The jewish bank owner of FED and all other central banks will prevent, that this gonna happen. Be 100% SURE about this!

Now BTC is just not importend and to small for them to care about. Let BTC grow up, and we got the attention.

How will they prevent it? You can't really stop people from using it.
True. But they can stop every exchanger worldwide or any outlets who accept bitcoin payments. And then? You can use it for what exactly?
full member
Activity: 666
Merit: 108
December 30, 2013, 10:01:54 AM
#17
No, is not able to do. The jewish bank owner of FED and all other central banks will prevent, that this gonna happen. Be 100% SURE about this!

Now BTC is just not importend and to small for them to care about. Let BTC grow up, and we got the attention.

How will they prevent it? You can't really stop people from using it.

Can't stop people from using it? Isn't that exactly what China did? They basically crashed btc value by more than 40% by doing that! And let's face it, China might seem like the evil communist regime that is backwards and ruthless but I live in the U.S. and our government isn't that far off from theirs. Ever since 9/11, America has been a police state. Oh you need to send money to someone? ID PLEASE. "Oh your bank account is showing that you're receiving cash deposits from all over the States. Guess I need to file a Suspicious Activity Report on you now". I can't even sell bitcoin without raising red flags, it's pathetic how paranoid the U.S. has become and continues to become. Land of the free baby.
hero member
Activity: 840
Merit: 509
December 30, 2013, 09:24:54 AM
#16
No, is not able to do. The jewish bank owner of FED and all other central banks will prevent, that this gonna happen. Be 100% SURE about this!

Now BTC is just not importend and to small for them to care about. Let BTC grow up, and we got the attention.

How will they prevent it? You can't really stop people from using it.
sr. member
Activity: 812
Merit: 250
December 30, 2013, 09:18:09 AM
#15
No, is not able to do. The jewish bank owner of FED and all other central banks will prevent, that this gonna happen. Be 100% SURE about this!

Now BTC is just not importend and to small for them to care about. Let BTC grow up, and we got the attention.
hero member
Activity: 840
Merit: 509
December 30, 2013, 09:14:37 AM
#14
The answer is no, because Bitcoin's value is linked to USD/EUR or other currencies.
If this link did not exist, then the bitcoin has no value.
Imagine you can no longer exchange your bitcoins for USD/EUR or orther currencies.
How will you know how much your car is worth in bitcoins? Would you sell your car for 20 bitcoins, knowing you cannot exchange them for USD/EUR?
When we trade, we trade in $, even if it's just in our head. You would not trade a normal car for a normal bicycle, because the value of the two objects are not the same in $.

I hate banks, but yet we still need them.
If you send bitcoins to the wrong address, then it's lost forever (or someone else is happy). You will never get these bitcoins back.
With banks, you can just cash back your money.

If bitcoins are made to avoid taxes, then how does a country pay for his bills? Healthcare/Education/Mobility Network etc.

Bitcoin is not a solution to a fair and equal world. It makes the big hardware companies more wealthy, some other people more wealthy, and all the bitcoin-hungry-people-who-are-too-late less wealthy.

But that is my opinion.

It's only linked because people peg the value to fiat. It can easily breakaway. Maybe USD will be pegged to BTC in the future.
newbie
Activity: 21
Merit: 0
December 30, 2013, 09:10:57 AM
#13
The answer is no, because Bitcoin's value is linked to USD/EUR or other currencies.
If this link did not exist, then the bitcoin has no value.
Imagine you can no longer exchange your bitcoins for USD/EUR or orther currencies.
How will you know how much your car is worth in bitcoins? Would you sell your car for 20 bitcoins, knowing you cannot exchange them for USD/EUR?
When we trade, we trade in $, even if it's just in our head. You would not trade a normal car for a normal bicycle, because the value of the two objects are not the same in $.

I hate banks, but yet we still need them.
If you send bitcoins to the wrong address, then it's lost forever (or someone else is happy). You will never get these bitcoins back.
With banks, you can just cash back your money.

If bitcoins are made to avoid taxes, then how does a country pay for his bills? Healthcare/Education/Mobility Network etc.

Bitcoin is not a solution to a fair and equal world. It makes the big hardware companies more wealthy, some other people more wealthy, and all the bitcoin-hungry-people-who-are-too-late less wealthy.

But that is my opinion.
global moderator
Activity: 3990
Merit: 2717
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December 30, 2013, 07:38:33 AM
#12
Heard there is a bitcoin atm. Maybe in a few decades banks will start using their own crypto

Why would people use them?
newbie
Activity: 22
Merit: 0
December 30, 2013, 07:36:29 AM
#11
Heard there is a bitcoin atm. Maybe in a few decades banks will start using their own crypto
global moderator
Activity: 3990
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December 30, 2013, 07:28:04 AM
#10
Bitcoin can do nothing but as it was programmed to do; the only force of this world who can do anything you've mentioned is people.

This. Could it topple the banks? Absolutely. Will it? Probably not. Most people just don't care enough unfortunately. Apathy is such a human disease.
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