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Topic: London Stock Exchange fighting against Bitcoin and Cryptocurrency - page 2. (Read 348 times)

hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
I was wondering if these big companies could actually pose a risk to the future of Bitcoin and other cryptocurrencies? Do they have enough power?
It is a common worry by most nations who think that the investments that could be made in government controlled sectors and finances are driven away because of the attractive crypto currency market with bitcoin as the leader and that is the case with the national stock exchanges around the world, since you said that you work for these companies you might know that they have the powers to pull the strings from a government aspect and they can impose restrictions.
hero member
Activity: 686
Merit: 500
Remember that Jamie Dimon, CEO of JPM Bank declared that he would have fired every employee who had been hired to deal with cryptocurrencies. Months later he regretted having called bitcoin a fraud. We will see many other changes in the coming months.
newbie
Activity: 280
Merit: 0
There is nothing new about it. Both banks and stock exchanges are insecure about cryptocurrency and fight against it. As soon as cryptos will have mass adoption (among merchants), this will be harder for governments, but it will be possible still.
sr. member
Activity: 350
Merit: 250
- "Bitcore (BTX) - Airdrops every Monday"
They have the money and power to make it very hard for crypto to get a real foot on the ground. If you know anything about lobbying you know that is something that will happen. But you shouldn't be that scared , i think most people that invest in crypto are not people really invested in stock. i still think it is a good bet to be invested in both right now.
hero member
Activity: 2842
Merit: 772
Hello,

I work for a company associated with the London Stock Exchange and I thought to share this information with you.

Recently during a ceremony, one of the officials announced that they will do everything possible to stop people from investing in CryptoCurrencies. Not just the London Stock Exchange, but other major stock exchanges are threatened. They are worried people are not investing in the stock market and are moving towards cryptocurrencies. Therefore they said that they will take measures to drive people away by emphasizing different risks associated with cryptocurrencies.

I was wondering if these big companies could actually pose a risk to the future of Bitcoin and other cryptocurrencies? Do they have enough power?

Short term, yes, this, Long term I doubt that can pose a risk. Of course they have the power, however, it will not be enough to stop bitcoin and crypto currency. What they can do is put a reminding to people, however, do you think that they will heed their call? I don't think so.

This is a free market and everyone in stocks or crypto is in for the profit, how can you stop guys in making more money? I'm seeing that the more they try to stop people from investing, the more it will generate enough buzz and curiosity that will resulted in more people pouring cash into the ecosystem.
hero member
Activity: 742
Merit: 500
Hello,

I work for a company associated with the London Stock Exchange and I thought to share this information with you.

Recently during a ceremony, one of the officials announced that they will do everything possible to stop people from investing in CryptoCurrencies. Not just the London Stock Exchange, but other major stock exchanges are threatened. They are worried people are not investing in the stock market and are moving towards cryptocurrencies. Therefore they said that they will take measures to drive people away by emphasizing different risks associated with cryptocurrencies.

I was wondering if these big companies could actually pose a risk to the future of Bitcoin and other cryptocurrencies? Do they have enough power?
Banks don't want you to use the bitcoin for the same reason the stock exchange not support btc. I see a lot of people who are stock trader or even not come to this industry I think it's all about popularity and bitcoin is pretty much popular to attract people to get into it. They have to fight harder to make their industry keep exist since our young generation and even next generation are more interested in crypto and the number is counting.
hero member
Activity: 1442
Merit: 629
Vires in Numeris
Nothing in this information is surprising and new. Banks are interested in fighting cryptocurrencies because they pose a threat of capital outflows. Stock exchanges have the same reason. But they have the main enemy is the ICO. So we saw an active campaign to discredit and ban all ICO. Investing in cryptocurrencies is more profitable than investing in stocks so they have become the next goal. Governments take a neutral position because they are afraid that cryptocurrencies will go into the shadows and they will lose control over them. The only thread that holds all coins under the control of the government is the ability to exchange cryptocurrencies for Fiat. That is why this opportunity is not closed.
This is my opinion as well. As long as people sell their fiat to buy cryptos, governments are not interested. While people are trading bitcoin for alts and vice versa they are still not interested, because nowdays people can do nearly nothing with alts and bitcoin, only if they exchange it back to fiat. And this is where governments are interested in the story, because they can regulate the exchanges and they can stop people exchanging cryptos back to fiat. Also they can make banks stop and reverse wire transfers if they are coming from crypto exchanges (cashing out to fiat). As soon as cryptos will have mass adoption (among merchants), this will be harder for governments, but it will be possible still.
member
Activity: 672
Merit: 32
I was wondering if these big companies could actually pose a risk to the future of Bitcoin and other cryptocurrencies? Do they have enough power?
I think that just one company that does so is not enough to bring down Bitcoin unless the world government is taking part in making decisions that Bitcoin may decline, in fact this negative issue that makes Bitcoin so slightly downtrend that Bitcoin Starter Holder Panic Sell ​​and suffer losses due to it.
sr. member
Activity: 635
Merit: 251
The rocket has taken off, without the fraudulent bankers, all they can do is use dirty tactics to delay things until the inevitable Wink
sr. member
Activity: 434
Merit: 252
Nothing in this information is surprising and new. Banks are interested in fighting cryptocurrencies because they pose a threat of capital outflows. Stock exchanges have the same reason. But they have the main enemy is the ICO. So we saw an active campaign to discredit and ban all ICO. Investing in cryptocurrencies is more profitable than investing in stocks so they have become the next goal. Governments take a neutral position because they are afraid that cryptocurrencies will go into the shadows and they will lose control over them. The only thread that holds all coins under the control of the government is the ability to exchange cryptocurrencies for Fiat. That is why this opportunity is not closed.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
We're already seeing figures coming out of Brazil and Indonesia that demonstrate more people are registered on crypto exchanges there than are signed up for stock trading.

On one hand that's cool. On another that's a little alarming. Whether we like them or not, stocks have fundamentals and earnings that crypto never will. As things mature hopefully people will realise that they're different on numerous levels.

If I were running a stock exchange I'd let it all run. Opposing it may end up making them look stupid, embracing it similarly. They should concentrate on making their service the best it can be and nothing else.

And we've had so many attempted scares rolled out by the establishment that I really don't think anyone's interested in listening any more. They all look, sound and smell the same and the market keeps on rolling anyway.
hero member
Activity: 924
Merit: 512
Hello,

I work for a company associated with the London Stock Exchange and I thought to share this information with you.

Recently during a ceremony, one of the officials announced that they will do everything possible to stop people from investing in CryptoCurrencies. Not just the London Stock Exchange, but other major stock exchanges are threatened. They are worried people are not investing in the stock market and are moving towards cryptocurrencies. Therefore they said that they will take measures to drive people away by emphasizing different risks associated with cryptocurrencies.

I was wondering if these big companies could actually pose a risk to the future of Bitcoin and other cryptocurrencies? Do they have enough power?


They were opposite together bro. That is the reason they both will not attract each other mate like newton's thrid law. If people goes to invest on cryptocurrency to make the profit obviously number investors on Forex will attract the bitcoin trading and goes towards.
That is reason for all these happening from the London stock exchange dude.
There are centralized crypto currency trading sites are there but still forex will damage partially.
sr. member
Activity: 672
Merit: 271
Hello,

I work for a company associated with the London Stock Exchange and I thought to share this information with you.

Recently during a ceremony, one of the officials announced that they will do everything possible to stop people from investing in CryptoCurrencies. Not just the London Stock Exchange, but other major stock exchanges are threatened. They are worried people are not investing in the stock market and are moving towards cryptocurrencies. Therefore they said that they will take measures to drive people away by emphasizing different risks associated with cryptocurrencies.

I was wondering if these big companies could actually pose a risk to the future of Bitcoin and other cryptocurrencies? Do they have enough power?
Its pretty obvious that people who will once begin trading in cryptocurrencies and begin to earn a return rate of 20-30% daily will never trade in stock exchanges which too are quite manipulated. Surely people will begin to leave stock exchanges as they  are too much centralized and people too are obliged to pay taxes on it. So naturally exchanges around the world will be afraid of bitcoin.
newbie
Activity: 210
Merit: 0
Hello,

I work for a company associated with the London Stock Exchange and I thought to share this information with you.

Recently during a ceremony, one of the officials announced that they will do everything possible to stop people from investing in CryptoCurrencies. Not just the London Stock Exchange, but other major stock exchanges are threatened. They are worried people are not investing in the stock market and are moving towards cryptocurrencies. Therefore they said that they will take measures to drive people away by emphasizing different risks associated with cryptocurrencies.

I was wondering if these big companies could actually pose a risk to the future of Bitcoin and other cryptocurrencies? Do they have enough power?
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