Is Bitcoin for the people or for the corporations? - page 4.

kodtycoon

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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?

Not at all worried, I believe that large financial institutions will take over, so at least that is a bigger crypto growth process, because after all that change must be done so that crypto doesn't become obsolete in the future.

millionaireshs

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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?

I don't think so. Because even the business world are adapting the current system. They realize that they can earn even bigger if they use this opportunity to apply to their old system. We should not be amazed that this is happening today for we all know that the businessman and entrepreneur will continuously adapt so that they can earn money!

darkr

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Quote from: Jose Rizal on November 30, 2018, 08:55:01 AM

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?

Well I think this is a win-win situation for us which both sides were gaining and losing as well it just that corporations by then is having a bigger amount than us who were just a bitcoin hunter in this forum, we can say that in a say that this is made just for the sake of one in those choices and I guess we should see this as a new thing since in this world there's no such thing as fairness when it comes to business.

We all know that the more you invest in Bitcoin, the better returns you will have. Naturally, the corporations make much, while the simple BTC holders (now!) just have minimal profits. Meanwhile, Bitcoin is for all.

cryptobulls.exchange

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Bitcoin to other cryptocurrency are designed for different objectives. Every cryptocurrency holds its unique service to offer. So on that basis it makes clear whether for which purpose it is made. Rest anyone can begin trading in cryptocurrencies.

Sexie

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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?

I think there is nothing to worry about how the corporations get into bitcoin. These big companies are the life of bitcoin. It helps a lot for the bitcoin revolution. They are the part of it . The difffence is just that they have big capital compares to ordinary people. Big companies or the coprporations make the price of bitcoin into the highest peak. Once they are ready for investment , prices will jump up immediately.

alex_gr_cc

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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?

As before, bitcoin remains decentralized. The fact that corporations are interested in bitcoin is very good. This will help stabilize the course and will attract more community attention.

trauchot

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No one can forbid us to use bitcoin, even if any government passes such laws, we will still use bitcoin for our needs. Most likely, bitcoin was created entirely for everyone, for people, for a corporations, and for everything where we can use bitcoin and its technology, so you shouldn’t think about such a question because no one will forbid you to use bitcoins for your purposes. Everyone uses bitcoin as he needs and where he needs it.

BlackPanda

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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?

Don't worry because with this happening, it proves that bitcoin has many functions, large companies have now begun to apply bitcoin to their financial systems. When more elements use Bitcoin then it is positive and can have a very good impact on the overall development of Bitcoin and cryptocurrency.

sgenuine

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Quote from: uotbtc8611 on November 29, 2018, 03:02:11 AM

well, I think its for both, people and corporation both can use it..people can use it for consumption purpose while corporations and other business can use it as investment as we can see the fluctuate price of it and corporations can also use it for dividends..

Bitcoin was created as a perfect currency. This digital money can be used by any person, who has a computer (or any mobile device) and the Internet. BTC is for poor and rich, it is for millionaires and usual workers.

JealousCup

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Quote from: Sawadekub on November 30, 2018, 05:12:16 PM

Quote from: freightjoe on November 30, 2018, 08:54:39 AM

Quote from: Sawadekub on November 30, 2018, 08:51:49 AM

Unfortunately, our world is designed in such a way that the strong and the rich get everything.
Yes, Bitcoin was created for people (as we assume). But when the rich realized that it was possible to earn excellent money (at the expense of ordinary people), then Bitcoin turned into a means of manipulation.
Now the situation is such that the market is controlled by corporations, they are whales, and ordinary people are forced to simply adapt to their games.

Bullshit.

Bitcoiners in here were too stupid to see Bitcoin for the scam that it is, and now they have lost most of their money to the early Bitcoin scammers

I don’t know ... Of course, I’m thinking that bitcoin is possible from the beginning, this is a scam, and it is designed to “give” people faith in phantom freedom and security. In fact, behind the development of Bitcoin, anyone can stand and his real goals are unknown to us.
But the fact that now many have lost their money is only an indication that people don't know how to properly dispose of them.
And whatever the true essence of Bitcoin would be, anyone who really wants it can earn on it now. It is only necessary to adapt to the game of these manipulators, whoever they are.

No dude, we lost to the banks. Now they're buying all the coins out there to sell them later at higher prices. The main problem? centralized transaction systems!

JealousCup

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Quote from: Sawadekub on November 30, 2018, 08:51:49 AM

Unfortunately, our world is designed in such a way that the strong and the rich get everything.
Yes, Bitcoin was created for people (as we assume). But when the rich realized that it was possible to earn excellent money (at the expense of ordinary people), then Bitcoin turned into a means of manipulation.
Now the situation is such that the market is controlled by corporations, they are whales, and ordinary people are forced to simply adapt to their games.

I m quite puzzled by people's tendency to act like it is natural for a small group of people to have all the power. I used to think that bitcoin was free from being manipulated by big banks, but it seems like I was wrong.

Sawadekub

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Quote from: freightjoe on November 30, 2018, 08:54:39 AM

Quote from: Sawadekub on November 30, 2018, 08:51:49 AM

Unfortunately, our world is designed in such a way that the strong and the rich get everything.
Yes, Bitcoin was created for people (as we assume). But when the rich realized that it was possible to earn excellent money (at the expense of ordinary people), then Bitcoin turned into a means of manipulation.
Now the situation is such that the market is controlled by corporations, they are whales, and ordinary people are forced to simply adapt to their games.

Bullshit.

Bitcoiners in here were too stupid to see Bitcoin for the scam that it is, and now they have lost most of their money to the early Bitcoin scammers

I don’t know ... Of course, I’m thinking that bitcoin is possible from the beginning, this is a scam, and it is designed to “give” people faith in phantom freedom and security. In fact, behind the development of Bitcoin, anyone can stand and his real goals are unknown to us.
But the fact that now many have lost their money is only an indication that people don't know how to properly dispose of them.
And whatever the true essence of Bitcoin would be, anyone who really wants it can earn on it now. It is only necessary to adapt to the game of these manipulators, whoever they are.

deppil

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Quote from: JealousCup on November 28, 2018, 05:39:41 PM

Quote from: FedorIzmailov on November 28, 2018, 05:28:03 PM

I think that everything that is being done now will lead us to the best, and if it is necessary for bitcoin to take control of financial institutions, then let them take, there is no problem

If that's what you wish, okay, but then, don't complain about about crypto transactions taking so long to be processed.

Not only that there will be many restrictions, taxes, and controls. honestly I don't want that to happen. let bitcoin remain decentralized without the control of any institution and corporation. is it many people interested in adopting bitcoin because of the decentralization factor?

Jose Rizal

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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?

Well I think this is a win-win situation for us which both sides were gaining and losing as well it just that corporations by then is having a bigger amount than us who were just a bitcoin hunter in this forum, we can say that in a say that this is made just for the sake of one in those choices and I guess we should see this as a new thing since in this world there's no such thing as fairness when it comes to business.

freightjoe

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Quote from: Sawadekub on November 30, 2018, 08:51:49 AM

Unfortunately, our world is designed in such a way that the strong and the rich get everything.
Yes, Bitcoin was created for people (as we assume). But when the rich realized that it was possible to earn excellent money (at the expense of ordinary people), then Bitcoin turned into a means of manipulation.
Now the situation is such that the market is controlled by corporations, they are whales, and ordinary people are forced to simply adapt to their games.

Bullshit.

Bitcoiners in here were too stupid to see Bitcoin for the scam that it is, and now they have lost most of their money to the early Bitcoin scammers

Sawadekub

full member

Activity: 350

Merit: 102

Unfortunately, our world is designed in such a way that the strong and the rich get everything.
Yes, Bitcoin was created for people (as we assume). But when the rich realized that it was possible to earn excellent money (at the expense of ordinary people), then Bitcoin turned into a means of manipulation.
Now the situation is such that the market is controlled by corporations, they are whales, and ordinary people are forced to simply adapt to their games.

JealousCup

newbie

Activity: 28

Merit: 1

Quote from: South Park on November 29, 2018, 03:55:23 PM

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?

This should not worry us it was natural that corporations will take an interest in bitcoin after they discovered its potential, it is the same that happens with fiat, corporations use it and in some cases they have become so big they can manipulate it somehow, the same will happen with bitcoin in the future but their influence is going to be very limited since they will not be able to influence the developers as they do with politicians.

It won't happen if we use other circuits for crypto exchange. I 'm talking about independent platforms like Virie.

South Park

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I am terrible at Fantasy Football!!!

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?

This should not worry us it was natural that corporations will take an interest in bitcoin after they discovered its potential, it is the same that happens with fiat, corporations use it and in some cases they have become so big they can manipulate it somehow, the same will happen with bitcoin in the future but their influence is going to be very limited since they will not be able to influence the developers as they do with politicians.

saumang2m

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Yes Bitcoin is the helpful platform for people. Because in Bitcoin we can earn money without investing. And to work in Bitcoin, we do not need to go anywhere. From which we can work with Bitcoin in our business as well. This is the reason. That bitcoin is becoming so famous in today's time.

JMD07

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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?

It's because people are greedy to own many bitcoin as they can to take the control of the market and those people at middle class will just go with the flow or might get trap with those manipulators. I think the solution here is the mass adoption as many people will utilize crypto then the ownership will spread worldwide.

Topic: Is Bitcoin for the people or for the corporations? - page 4. (Read 3088 times)