mastercard attacking Bitcoin - page 5.

stromma44

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Quote from: umaOuma on June 15, 2015, 06:09:26 PM

Quote from: dKingston on June 15, 2015, 06:05:31 PM

nobody in their right mind would adopt this mastercard scamcoin .. but plenty of people are not in their 'right mind'. Anyways, the attention can only be good for Bitcoin itself

Yes I believe its a good news for bitcoin that master card is attacking it but I genuinely believe it would not make any difference to the users of bitcoin and they would continue to adopt it.

Ofcourse people having faith in bitcoin will generally show their interest in using bitcoin as a currency or a mode of payment and things will change in future as the mass adoption takes place.

gentlemand

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Quote from: ajareselde on June 15, 2015, 07:43:29 PM

Ofcourse MC is only payment system, but they are defending their largest client - banks, and their fiat. Anyway it's somewhat hypocritical of them, because they have contracts with some
bitcoin payment processors regarding bitcoin MC debit cards, or do they want to pretend that they don't exist..

cheers

It wouldn't surprise me too much if certain bitcoin companies haven't actually told them the true nature of their business. Stranger things have happened.

ajareselde

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Satoshi is rolling in his grave. #bitcoin

Quote from: nerFohanzo on June 15, 2015, 07:32:16 PM

Quote from: umaOuma on June 15, 2015, 06:09:26 PM

Quote from: dKingston on June 15, 2015, 06:05:31 PM

nobody in their right mind would adopt this mastercard scamcoin .. but plenty of people are not in their 'right mind'. Anyways, the attention can only be good for Bitcoin itself

Yes I believe its a good news for bitcoin that master card is attacking it but I genuinely believe it would not make any difference to the users of bitcoin and they would continue to adopt it.

Mastercard is a payment system and bitcoin is a currency. So even if it is attacking bitcoin it will not affect the users of mastercard as the people who have faith in mastercard would generally prefer mastercard for making payments.

Ofcourse MC is only payment system, but they are defending their largest client - banks, and their fiat. Anyway it's somewhat hypocritical of them, because they have contracts with some
bitcoin payment processors regarding bitcoin MC debit cards, or do they want to pretend that they don't exist..

cheers

nerFohanzo

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Quote from: umaOuma on June 15, 2015, 06:09:26 PM

Quote from: dKingston on June 15, 2015, 06:05:31 PM

nobody in their right mind would adopt this mastercard scamcoin .. but plenty of people are not in their 'right mind'. Anyways, the attention can only be good for Bitcoin itself

Yes I believe its a good news for bitcoin that master card is attacking it but I genuinely believe it would not make any difference to the users of bitcoin and they would continue to adopt it.

Mastercard is a payment system and bitcoin is a currency. So even if it is attacking bitcoin it will not affect the users of mastercard as the people who have faith in mastercard would generally prefer mastercard for making payments.

umaOuma

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Quote from: dKingston on June 15, 2015, 06:05:31 PM

nobody in their right mind would adopt this mastercard scamcoin .. but plenty of people are not in their 'right mind'. Anyways, the attention can only be good for Bitcoin itself

Yes I believe its a good news for bitcoin that master card is attacking it but I genuinely believe it would not make any difference to the users of bitcoin and they would continue to adopt it.

dKingston

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LAUNDER BITCOIN: https://BitLaunder.com

nobody in their right mind would adopt this mastercard scamcoin .. but plenty of people are not in their 'right mind'. Anyways, the attention can only be good for Bitcoin itself

dKingston

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LAUNDER BITCOIN: https://BitLaunder.com

Mastercard's 'centralized' crypto is only going to boost bitcoin by generating mainstream attention!

knowhow

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mastercard as visa are the kings and here already for several years.... they get a fee for all soo they are worryed that bitcoin can achieve another potencial and enter the market with cards? the big thing is why those companies that only cares about fees would press bitcoin is the future they must adapt it or some other company will do those and take the fees to them ...

johncarpe64

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Bitcoin started it..lol

redhawk979

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Quote from: TrackCoin on June 15, 2015, 04:43:27 PM

Mastercard feeling unsecure of them well stabilised business for Bit coin full systems they never did faces ever until now in them economical territory. Suddenly when they can see other someone entered and doing better than them in the world economical networking systems then them headaches started and for that they decided to attack bit coin and trying to manipulation peoples for keeping far from BTC. I don't think Mastercard can be successful about attack on BTC systems.

What makes you think Bitcoin is doing better than them? Lets be realistic, Bitcoin is a blip on the radar compared to the amount of transactions they process. There are rampant issues of merchants accepting and then dropping Bitcoin payments because nobody is using it with them, but not the case with credit cards.

It was also proven by the recent stress test one could effectively clog up the network for a single day for about $5,000 in transaction fees, these guys could destroy Bitcoin without blinking by clogging up the network for a month very easily.

IDKwhatimdoing

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Mastercard just dissin on us for not having enough tps!!! The rest is pure FUD Grin

TrackCoin

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Mastercard feeling unsecure of them well stabilised business for Bit coin full systems they never did faces ever until now in them economical territory. Suddenly when they can see other someone entered and doing better than them in the world economical networking systems then them headaches started and for that they decided to attack bit coin and trying to manipulation peoples for keeping far from BTC. I don't think Mastercard can be successful about attack on BTC systems.

gentlemand

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Welt Am Draht

I find this all somewhat strange, especially since there's been barely a peep out of Visa other than its old guard making positive noises.

They don't have to be anti it or even bother talking about it at all. Most people don't care.

If the time comes there's money to be made by them by integrating it or offering services on top of it, or it fades away and they carry on coining it. Everyone wins.

Jamil.Kamil

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Obviously Mastercard will blame Whole BTC systems it's very normal for them because them only and one headache which is BTC. Mastercard will try to manipulate people for keep and long term them business. Now they thinking BTC can easily getting all of them client which is for them becoming big headache. Any kinds of business can be beaten if other's can deployed better than that so it's obviously possible to attack Bitcoin whole systems by how.

operrajunk74

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Quote from: Herbert2020 on June 13, 2015, 09:29:37 AM

reading the other users comments, i realized that many bitcoin users believe that this was a good news and showed that they are scared of bitcoin and think it can replace them.

but my question is, how would other people who do not use bitcion or know about bitcoin will think when hearing this news? it is not going to be a positive thought as we have.

Mastecard is scared of loosing its customers to bitcoin and yes the customers who are tech advanced very well know that which product benefits them more and which is cost effective and they would switch to bitcoin once they know the benefits of bitcoin.

Xenoph0bia

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Quote from: Herbert2020 on June 13, 2015, 09:29:37 AM

reading the other users comments, i realized that many bitcoin users believe that this was a good news and showed that they are scared of bitcoin and think it can replace them.

but my question is, how would other people who do not use bitcion or know about bitcoin will think when hearing this news? it is not going to be a positive thought as we have.

Exactly there are more users of master card as compared to bitcoins. And I don't think it can make a difference to the master card customers as they are just trying to distract the mindset of people by spreading this news it will never affect the customer base of master card as a whole.

stromma44

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Quote from: Fabrizio89 on June 13, 2015, 03:39:28 PM

Because in their opinion it's much more probable that one day they will say "we told you about that btc thing, we are the only one you can trust, see?" instead of something like "we told you it was the future".

They are just spreading rumor in the blind. So that they would be on the safer side in the future if bitcoin doesn't work for the people so they want to play safe and want to tell the world that they already gave you a hint in the past no to go for bitcoins and that is the strategy master card is following right now.

Fabrizio89

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Because in their opinion it's much more probable that one day they will say "we told you about that btc thing, we are the only one you can trust, see?" instead of something like "we told you it was the future".

nerFohanzo

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Quote from: umaOuma on June 13, 2015, 02:28:30 PM

Quote from: Kaneki on June 13, 2015, 12:29:05 PM

Convenience offered Bitcoin become a serious rival to mastercard on trying than complicate bitcoin regulation,Mastercard trying better to make inovasi or new event to attract consumers.

That is true but master card is just an payment system it is not a currency like bitcoins so I do not understand why they are attacking bitcoins as the customer segments are different for both the products and people who believes in paying by card they would generally prefer master card and not bitcoins.

Yes and I don't understand why people are making issue out of it. It is not that big news that it will change the lives of the people who are using master card and bitcoins. It would sereously won't affect anyone neither the master card nor the bitcoin community as people will go with the products they are used to it.

umaOuma

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Quote from: Kaneki on June 13, 2015, 12:29:05 PM

Convenience offered Bitcoin become a serious rival to mastercard on trying than complicate bitcoin regulation,Mastercard trying better to make inovasi or new event to attract consumers.

That is true but master card is just an payment system it is not a currency like bitcoins so I do not understand why they are attacking bitcoins as the customer segments are different for both the products and people who believes in paying by card they would generally prefer master card and not bitcoins.

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