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Topic: Please delete this thread (Read 3948 times)

full member
Activity: 173
Merit: 104
July 14, 2014, 11:44:54 AM
#67


No one cares if your dad is CEO of so called major bank. Really.

If you provided proof to the whole forum what would change? It's still so early in the bitcoin stages banks won't get involved even if your dad says he should of invested in bitcoin awhile ago.

It seems like a lot of people DO care since they are calling me full of shit, but you have made a valid point. This is all really, really dumb.  I initially made this post because I thought that some people might be interested on how an executive banker with a 35+ year career feels about bitcoin. I wasn't trying to boast or brag.

edit: The only reason I am considering this is because of all the jackasses who assume that I am attempting to somehow manipulate the market in my favor. Yes, I'm sure there are people who come on here all the time and try to pump up the price, how often does it work, I wonder? Probably never. I just don't want to be remembered as "the guy who made up a BS story to try to pump up the price", because that is not my intention, and it never was. I plan on posting here in the future and I don't want all of my posts to be prejudiced by this thread.
oXo
full member
Activity: 182
Merit: 100
July 14, 2014, 11:30:39 AM
#66
Danny, if you are reading this and are willing to vouch for my credibility, please send me a Private message and we can maybe figure something out.

No one cares if your dad is CEO of so called major bank. Really.

If you provided proof to the whole forum what would change? It's still so early in the bitcoin stages banks won't get involved even if your dad says he should of invested in bitcoin awhile ago.
full member
Activity: 173
Merit: 104
July 14, 2014, 11:22:39 AM
#65
Danny, if you are reading this and are willing to vouch for my credibility, please send me a Private message and we can maybe figure something out.
sr. member
Activity: 338
Merit: 255
July 14, 2014, 11:06:20 AM
#64
Man can't wait what this will turn into.

*goes buy popcorn*

Eth.
sr. member
Activity: 302
Merit: 250
July 14, 2014, 10:00:08 AM
#63
Please stop arguing over whether or not I'm full of shit. I can provide proof to a single TRUSTWORTHY, vetted member of the community if they can convince me that they will not share the information that I give them that will prove I am telling the truth. Obviously, it shouldn't be anyone who has posted in this thread, yet, as there are clearly biased opinions all ready.

Provide evidence to Danny Hamilton ( https://bitcointalksearch.org/user/dannyhamilton-60820 ) he is trustworthy and will report back here with findings using terms agreed to with you.
sr. member
Activity: 266
Merit: 250
July 13, 2014, 09:39:38 PM
#62
I'd say the opposite is happening. They are staying far away from BTC, for now.
oXo
full member
Activity: 182
Merit: 100
July 13, 2014, 08:29:44 PM
#61
My father is the CEO of the biggest Internet services company and i approve this thread 100% .



My father can beat your father up.

No offense op but I call bullshit. If your father was in jeep rosy of losing his well established career because you made this post then maybe you should think about that before posting. The fact that you are so defensive makes it seem like you're lying but it doesn't really matter either way.
full member
Activity: 328
Merit: 100
July 13, 2014, 08:12:39 PM
#60
Quote

Do you want to have a grape or a slice of a melon?


depends on the weather.
hero member
Activity: 658
Merit: 500
July 13, 2014, 08:11:27 PM
#59
So you mean the bank in the us now are crashing the price by rumor in order to join the party ?

If the bank want join the party the bitcoin are not enought for them to do loan or watever in need .

explain genius, pls....  Roll Eyes
legendary
Activity: 1120
Merit: 1001
July 13, 2014, 08:05:53 PM
#58
So you mean the bank in the us now are crashing the price by rumor in order to join the party ?

If the bank want join the party the bitcoin are not enought for them to do loan or watever in need .
hero member
Activity: 658
Merit: 500
July 13, 2014, 07:58:34 PM
#57
I don't really believe OP

But anyway, I have heard multiple times that banks are warming up to bitcoin, could someone explain this to me? or is that just bs and rumors? Why would banks be "bullish" about a technology/currency that would drastically reduce the need for their companies in the longterm? If bitcoin ever went mainstream and was widely adopted, wouldn't banks suffer huge losses and have to heavily downsize?

Maybe they could "implement" it by exchanging for fiat and securely storing it for people who don't want to store it themselves. But this would only speed up their demise, it would make bitcoin more credible and trustworthy, and take away more power from fiat over time(to the point where one of their services-exchanging for fiat, is useless). In addition if it went mainstream, there would be many more startup companies to compete with, who could likely be more innovative and offer cheaper services than a traditional bank is willing to. Banks could still deal in credit, investments, and other financial services though I suppose.

First many banks dismissed bitcoin as a fad, then they realized bitcoin may play a role here, and right now many are in the stages of "researching and looking for opportunities to potentially implement digital currency"etc. I have a feeling many banks are realizing the massive threat that digital currency posses to their companies in the longterm. Do you think digital currencies are going to start seeing a pushback from major banks and probably governments soon? I only say the governments too because of the lobbying and network of connections formed between them.

Also this is kind of unrelated, but if anyone can help me out with another question I would appreciate it. If bitcoin ever did go mainstream, is there any effective way for the government to tax it? I'd imagine this would be a concern and weapon used against bitcoin if there is a large pushback from banks and the govs


Do you want to have a grape or a slice of a melon?
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
July 13, 2014, 06:47:57 PM
#56
But anyway, I have heard multiple times that banks are warming up to bitcoin, could someone explain this to me? or is that just bs and rumors? Why would banks be "bullish" about a technology/currency that would drastically reduce the need for their companies in the longterm? If bitcoin ever went mainstream and was widely adopted, wouldn't banks suffer huge losses and have to heavily downsize?

Well, if indeed bitcoin completely disrupts the entire financial industry, then the banking industry will need to downsize, yes.

So if you run a bank, and you come to a realization that such a fate is becoming more and more probable as time passes, you essentially have to choose between two alternatives.

The first is to continue doing business as usual, and resist bitcoin to the best of your ability. If you take this course, however, and bitcoin does indeed become a huge success, then you go out of business.

The second alternative is to try to find ways to use bitcoin in your own day-to-day operations, products, and services. If you are more successful than your peers in making such adaptations, you might become the dominant bank within the radically downsized banking sector. Indeed, if you plan and execute smashingly well, your enlarged slice of the smaller pie might actually result in net growth for your company.

tl; dr: adapt or die.
hero member
Activity: 560
Merit: 500
★777Coin.com★ Fun BTC Casino!
July 13, 2014, 06:20:19 PM
#55
OP is dead wrong.

Banks like Bitcoin the same way that humans like dogshit ...
hero member
Activity: 686
Merit: 500
July 13, 2014, 05:30:07 PM
#54
Yes he does. Have you ever been on finance forums? People try to pump and dump all the time. Yes, people are desperate enough to baselessly try to pump the price, and some people are gullible enough to let it cloud their judgment. Also, read what I said again, because you didn't seem to comprehend. I'm not here to "gain" anything.... Roll Eyes
Do you think that the OP really would have any kind of impact on a crypto currency that has a $8 billion market cap by posting on these forums?

Do I think that OP would really have any kind of impact (on the general exchange rate)? No. Do people still try this sort of thing? Yes. Do gullible people fall for it? Yes.

People are desperate -- they'd definitely stoop to that, haha. I remember seeing stuff like this on the Yahoo! Finance forums. Pretty blatant, but whatever. And yeah, people be falling for it. Grin
hero member
Activity: 658
Merit: 500
Buy and sell bitcoins,
July 13, 2014, 04:20:03 PM
#53
Yes he does. Have you ever been on finance forums? People try to pump and dump all the time. Yes, people are desperate enough to baselessly try to pump the price, and some people are gullible enough to let it cloud their judgment. Also, read what I said again, because you didn't seem to comprehend. I'm not here to "gain" anything.... Roll Eyes
Do you think that the OP really would have any kind of impact on a crypto currency that has a $8 billion market cap by posting on these forums?

Do I think that OP would really have any kind of impact (on the general exchange rate)? No. Do people still try this sort of thing? Yes. Do gullible people fall for it? Yes.
sr. member
Activity: 644
Merit: 260
July 13, 2014, 04:11:39 PM
#52
In reference to the OP, I would not be entirely surprised if the OPs father worked for Chase, or another Bitcoin "hostile" bank as even banks that are not friendly to bitcoin have a legit need to understand bitcoin and the bitcoin economy.
Thank God there is one person on this forum with half a brain...

I guess the rest of us don't have a brain, just because we didn't nod along with OP's storytelling.

Right? I mean, it's plausible and everything, but there's really no reason for us to eat it up with a spoon. And there's plenty of bagholders around trying to do anything they can to pump the price. Smiley
If it is plausible and you have nothing to refute the statement then why would you call BS?

There's a difference between being "plausible" and being "likely", and obviously that's further yet from being "true". And what I said was, "there's really no reason for us to eat it up with a spoon." I'm saying don't be gullible and keep an open mind. Many people would use unsubstantiated rumors to confirm their own biases. It happens every day. Smiley
But the OP really does not have anything/much to gain by people believing him, and you have nothing to gain by proving/saying he is full of BS.

Yes he does. Have you ever been on finance forums? People try to pump and dump all the time. Yes, people are desperate enough to baselessly try to pump the price, and some people are gullible enough to let it cloud their judgment. Also, read what I said again, because you didn't seem to comprehend. I'm not here to "gain" anything.... Roll Eyes
Do you think that the OP really would have any kind of impact on a crypto currency that has a $8 billion market cap by posting on these forums?
full member
Activity: 224
Merit: 100
VocalPlatform.com
July 13, 2014, 03:00:35 PM
#51

I tried to get him to invest a significant amount of money back when Bitcoin was around $100 last summer (June 2013)...by November 2013 of last year he realized he should have listened.

However it's not so late, these days are a good opportunity for investing, the time for a banking boom is near and so the prices...
full member
Activity: 173
Merit: 104
July 13, 2014, 02:45:45 PM
#50
Please stop arguing over whether or not I'm full of shit. I can provide proof to a single TRUSTWORTHY, vetted member of the community if they can convince me that they will not share the information that I give them that will prove I am telling the truth. Obviously, it shouldn't be anyone who has posted in this thread, yet, as there are clearly biased opinions all ready.
hero member
Activity: 658
Merit: 500
Buy and sell bitcoins,
July 13, 2014, 02:40:14 PM
#49
In reference to the OP, I would not be entirely surprised if the OPs father worked for Chase, or another Bitcoin "hostile" bank as even banks that are not friendly to bitcoin have a legit need to understand bitcoin and the bitcoin economy.
Thank God there is one person on this forum with half a brain...

I guess the rest of us don't have a brain, just because we didn't nod along with OP's storytelling.

Right? I mean, it's plausible and everything, but there's really no reason for us to eat it up with a spoon. And there's plenty of bagholders around trying to do anything they can to pump the price. Smiley
If it is plausible and you have nothing to refute the statement then why would you call BS?

There's a difference between being "plausible" and being "likely", and obviously that's further yet from being "true". And what I said was, "there's really no reason for us to eat it up with a spoon." I'm saying don't be gullible and keep an open mind. Many people would use unsubstantiated rumors to confirm their own biases. It happens every day. Smiley
But the OP really does not have anything/much to gain by people believing him, and you have nothing to gain by proving/saying he is full of BS.

Yes he does. Have you ever been on finance forums? People try to pump and dump all the time. Yes, people are desperate enough to baselessly try to pump the price, and some people are gullible enough to let it cloud their judgment. Also, read what I said again, because you didn't seem to comprehend. I'm not here to "gain" anything.... Roll Eyes
full member
Activity: 173
Merit: 104
July 13, 2014, 02:34:17 PM
#48
A lot of local banks are already bitcoin friendly! I just think people should stop using major banks and switch over to community banks Cheesy
GOOD CALL!!!!!! :-) (I know I said I wanted the thread to die, but anytime I see someone say something positive about community banking I have to give them a thumbs up.)
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