Is Bitcoin for the people or for the corporations? - page 2.

EmJay

full member

Activity: 563

Merit: 102

Quote from: JealousCup on November 12, 2018, 07:06:50 PM

When Bitcoin and other crypto-currencies first came out, everyone were saying that it was for the people to get their financial freedom. Now, it seems like it's being taken over by big financial institutions. Should we be worried?

Bitcoin is for everyone and mostly for the people. Things now are not good because of the decline in market prices. Before we investes into cryptocurrency especially bitcoin we all know that it is risky because of its volatibility and no one is in control of bitcoin.So I think this is the reason why market price of cyrptocurrency is falling down. normally the bearish months are not that it long but 2018 has the longest bearish months so people are getting worried and its normal to feel that.

Inosend

copper member

Activity: 299

Merit: 1

Bitcoin is obviously for the people not just for organization, I call it a global currency, time will tell the real worth of bitcoin watch out

Bitfling

member

Activity: 602

Merit: 10

Quote from: JealousCup on November 12, 2018, 07:06:50 PM

When Bitcoin and other crypto-currencies first came out, everyone were saying that it was for the people to get their financial freedom. Now, it seems like it's being taken over by big financial institutions. Should we be worried?

Its true that right now many people transfer their bitcoin at cheap price to people with huge money or finance institution. Its happen because people panic with market condition. They should not panic and selling their bitcoin at cheap price because bitcoin is good long term investment

Mondinic

full member

Activity: 434

Merit: 102

correctly. first they still ignored it because maybe they thought the crypto currency would not mean anything to them but now it is the big institutions that manage whether maybe they have enough capital to manage, I don't have a problem with that but are they not ashamed it was just licking their own saliva right.

Escf4

jr. member

Activity: 364

Merit: 3

GIGZI - INDEPENDENT WEALTH MANAGEMENT

As a general cryptocurrency, altcoins or bitcoins it is open to all not just for the people, customer, investors , but also for corporations and industry, company and any establishment that adopt and accept bitcoin, for cryptocurrency is an open digital currency for those who are interested to have bircoin, and one or many altcoins.

pinoyden

full member

Activity: 756

Merit: 102

Quote from: ?? on ??

In the end Bitcoin belongs to those who trusted in it more... To the big companies.

No . companies werent easily trust crypto's because it is still new to their eyes . what will only trust crypto the most is a single individual or person because he/she is always willing to take risk just to improve its life and he doesnt risk big when compared to companies .

But bitcoin/cryptos were built for all . anyone or everyone can use it , no matter what is their status in life but as long as you can afford it and you can afford to loose . your always good to go .

wewe123

member

Activity: 322

Merit: 11

🚀🚀 ATHERO.IO 🚀🚀

Bitcoin is a currency that is popular among all the altcoins , it is for all not only for business and corporations but also for the ordinary prople, the adoption of corporation and other related business is good for bitcoin and crypyocurrency because it will bring large market that benefits also everybody that joins cryptos and bitcoin , so stay beside with bitcoin and have a good future.

crypture

newbie

Activity: 48

Merit: 0

Quote from: minhlee95 on December 07, 2018, 05:22:44 PM

I share your confusion about the fact that large organizations can exert their influence on the cryptocurrency due to the fact that they have large bitcoin investments. But it seems to me that on the contrary it has only a positive impact on bitcoin, its scaling and development. So I see no cause for serious concern. Bitcoin will still remain independent.

I agree with you. The only thing is that bitcoin has lost its original ethos and spirit IMO, this tech was supposed to be an alternative to the big banks and corps who all jumped on the bandwagon once its trendy enough for them.

The tech and development is great but it feels too contrived sometimes.

minhlee95

full member

Activity: 527

Merit: 101

DIA | Data infrastructure for DeFi

I share your confusion about the fact that large organizations can exert their influence on the cryptocurrency due to the fact that they have large bitcoin investments. But it seems to me that on the contrary it has only a positive impact on bitcoin, its scaling and development. So I see no cause for serious concern. Bitcoin will still remain independent.

Keeminakar

member

Activity: 299

Merit: 14

Of course, we are afraid that large corporations can control bitcoin, but I do not think that this will happen. Investing in bitcoin is distributed across different parts of the world and among a wide variety of people, so it is unlikely that large organizations can really seize control of bitcoin and make it to some extent centralized.

rtm125

member

Activity: 434

Merit: 10

No one can say for sure what percentage of bitcoins are owned by ordinary people, and what percentage belongs to corporations. So I think we should not worry about that. Bitcoin is used by anyone who has the financial ability to do so.

White Christmas

sr. member

Activity: 882

Merit: 258

★Bitvest.io★ Play Plinko or Invest!

Quote from: ?? on ??

Bitcoin is for everyone but not eveyone feels at home in this sphere and does not want to dig deep in it.

Bitcoin was made not for a specific person or people but for all of us who wants to use it. It depends on you if you will going to use it or not, but yes sadly not all of us feel at home because of the capability to have it. Most of the time corporation has more power on hsing it because they have can afford the standard of bitcoin. Especially in investment.

Raidal

full member

Activity: 560

Merit: 100

Quote from: JealousCup on November 12, 2018, 07:06:50 PM

When Bitcoin and other crypto-currencies first came out, everyone were saying that it was for the people to get their financial freedom. Now, it seems like it's being taken over by big financial institutions. Should we be worried?

In my opinion, we don't need to worry because a lot of bitcoin is actually not only held by companies or institutions. Indeed some companies or institutions also hold large amounts of bitcoin because they are king of capital so they can buy as much bitcoin as they want. But bitcoin is still held by people and played for trading. Indeed the bitcoin movement is not much because most people only become bitcoin holders. Although bitcoin is held by companies or institutions in large numbers but if they cannot play the bitcoin movement then the bitcoin will only become a deposit. Let bitcoin be decentralized and move accordingly. Not only as a holder but playing actively on the market. The more people playing on the market, especially playing bitcoin, the market will recover faster. Remember that the price of all crypto currencies depends on the price of the bitcoin so if bitcoin is only held then the market will also be stagnant.

ratatat bangbang

jr. member

Activity: 308

Merit: 1

In my own opinion bitcoin is for everyone. Both people and corporations can benefit having it. There are different things that bitcoin can help us. It can give you extra income, invest money which make it double and transact different payments easily.

TIDOVEE

sr. member

Activity: 1246

Merit: 255

Well, some people took it as an opportunity to make up an organization with the bitcoin opportunity. Some have even made the exchange advantage like a ponzi scheme, advertising it on air(radio and television) for people to invest and get more over certain period.
What I think is everyone who has grabbed the opportunity should do well, while it lasts, before those gluttonous so called corporation pollute it.

SventraPapere

full member

Activity: 410

Merit: 100

Bitcoin users will not lose anything from this.We need growth without attracting large investors, we will not be able to achieve this.Bitcoin should be available to everyone.It'll help us grow with him.The Corporation will provide a very large infusion.That's exactly what we need right now.

delphic

full member

Activity: 378

Merit: 100

Well, we have nothing to worry about.If large corporations are players in this market,it will benefit everyone.And Bitcoin and its users.Price and popularity instantly rise to the desired heights.

Scharfenberger

full member

Activity: 186

Merit: 100

I guess it is for everyone. Except a corporation has more money to play with. Let say 4000 bucks for a person is rather big sum to loose, and not that much for a company.

cetald

member

Activity: 434

Merit: 10

Quote from: JealousCup on November 12, 2018, 07:06:50 PM

When Bitcoin and other crypto-currencies first came out, everyone were saying that it was for the people to get their financial freedom. Now, it seems like it's being taken over by big financial institutions. Should we be worried?

People actually got financial freedom. Since they can now make payments in cryptocurrency. That is, without resorting to the services of the bank. Financial institutions also use cryptocurrencies for their own purposes. I see no problems.

irenegaming

full member

Activity: 476

Merit: 102

Kuvacash.com

Well, in the end, the same corporations are formed by people, even if you don't want to involve the business side here, there will always be people and companies interested in getting their share, so it is inevitable, just try to superimpose our will as a community to give good use to bitcoin.

Topic: Is Bitcoin for the people or for the corporations? - page 2. (Read 3099 times)