should we be happy or stay alert because of some foul play?

rosepetals

full member

Activity: 650

Merit: 100

Financial aid for users: https://bit.ly/2SMY8gi

Quote from: posi on November 02, 2018, 04:01:15 AM

We both know the purpose of bitcoin creation was to give people financial free and liberation from the government which is the reason why it was decentralized in natiure. But, lately more banks are stepping in into Bitcoin and block chain despite they knew Bitcoin and block chain systems are their competitors.
The question is should we be happy or stay alert because of some foul play?

Well we must be alert because once banks can step up in the world of blockchain and be able to know the weakness of it most probably they can create a plan on how to bring it down.There is also advantage if they would study on how to use the blockchain technology and combined with banks concepts,there adoption happens.

Dexion

full member

Activity: 812

Merit: 101

I think we should be happy, because at least crypto legalization can have a positive impact on the crypto market. and we hope the government can make regulations about crypto.

and that will make BTC create a good stability, and can protect every investor, even can minimize crime with using crypto.

jemarleon

member

Activity: 420

Merit: 13

Silence

Quote from: sunsilk on November 02, 2018, 04:16:50 AM

Happy and alert at the same time.

Same in my opinion happy because they know they cant beat bitcoin in the future thats why they collaborate on cryptocurrency but stay alert because if banks hold a huge amount of BTC they can manipulate the price.

Vills21

newbie

Activity: 16

Merit: 0

Ofcourse you have to be alert of some foul play. Because if your not alert you will be loosing everything in this world.
Some people used to do the foul play purposely because their work is to do the same.

Mhd-Bobbi

member

Activity: 434

Merit: 13

Quote from: onrise on November 02, 2018, 05:39:29 AM

Quote from: hastag_80 on November 02, 2018, 04:41:12 AM

Quote from: posi on November 02, 2018, 04:01:15 AM

We both know the purpose of bitcoin creation was to give people financial free and liberation from the government which is the reason why it was decentralized in natiure. But, lately more banks are stepping in into Bitcoin and block chain despite they knew Bitcoin and block chain systems are their competitors.
The question is should we be happy or stay alert because of some foul play?

will,in this situation we must stay alert,of what maybe happen in the crypto in the near future ,because we already know before that the banks is threaten from the coming out of block chain and bitcoin system,thats why ,otherwise in my own opinion there is a good and bad effect of bitcoin for the stepping into the crypto worlds,because maybe it is the threat or good to the worlds of cryptocurrency investment.

People must always have a backup plan and do invest only upto the risk you can take it. Do not go all in crypto considering that every time you will end up making money. If market do not follow what you expect and falls then you end up losing the money and may be you would have to suffer if you were depend upon that money only.

All have their own plans, but future plans must have meaning and always be vigilant, because we also have to have reserves in the future.
So to make investments do not have to be fully spent, but also need to be supported as guards if they experience a decline.
And they will not feel disappointed if their long-term investments make a lot of money.

bitcoindusts

sr. member

Activity: 1092

Merit: 271

I am glad that these government institution are beginning to acknowledge bitcoin. I don't mind them regulating stuff with regards to cyptocurrency, I can see it as steps to remove fraud and scams in cryptocurrency sphere. Besides if they are here to tax us, I do not object.

Banks have seen blockchain tech as innovation, so they will definitely jump to it sooner or later. As for them getting involved in cryptocurrency, it is all business and they saw cryptocurrency market as very potential business.

burky156

full member

Activity: 658

Merit: 112

We should feel both at the same time. Unfortunately i can see that the bitcoin went out from its purpose.. The rich people and families and banks using the bitcoin for their benefits. We (the small investors) usually lost money and they always have the winning hand. Sadly i can't see any cure for this big problem.

Phildo

legendary

Activity: 1526

Merit: 1000

We must remain vigilant because they are commercial institutions that will certainly do various ways to bring profits even if it require victims.

Quote from: 131tc01n on November 02, 2018, 06:07:54 AM

because they are only a small number of people who don't like the many people who support bitcoin

They are few but they are powerful, they also have smart people and maybe also governments and other world financial institutions.

posi

hero member

Activity: 2268

Merit: 579

DGbet.fun - Crypto Sportsbook

Quote from: xuan87 on November 04, 2018, 06:16:28 PM

Both of them , because we don't really know the real intention of the bank to try to adopt, and I don't think the intention is to spread awareness and to promote crypto at all, but it will have some effect on crypto, if the bank try to adopt crypto,it will increase the investors' trust

Youre right when you said more investor will trust in crypto currency which I think Bitcoin ETF alone is enough to do that.. In Israel the banking sector were the one behind the Bitcoin restriction and for banks to get much involved in Bitcoin could lead to the act of making Bitcoin centralized.

xuan87

legendary

Activity: 1666

Merit: 1001

Both of them , because we don't really know the real intention of the bank to try to adopt, and I don't think the intention is to spread awareness and to promote crypto at all, but it will have some effect on crypto, if the bank try to adopt crypto,it will increase the investors' trust

posi

hero member

Activity: 2268

Merit: 579

DGbet.fun - Crypto Sportsbook

Quote from: syarifbitcoinishack on November 02, 2018, 12:25:29 PM

I think you are wrong, the Bank is only interested in blockchain technology not Bitcoin
because Blockchain has unique features so they intend to adopt and implement it into their system to make Fiat better so my answer is "Stay Alert"

You definitely don't do any research or stay update with with what's going on in the crypto sphere before saying I'm wrong concerning some banks interest in Bitcoin because the last time I checked Chase, BOA and Citi Bank were actually involved in Bitcoin.

Cryptrx

jr. member

Activity: 498

Merit: 1

Worlds Simplest Cryptocurrency Wallet

I think we should be alert but I doubt the banks have foul intentions for adopting blockchain technology but it's only time that will tell.

DJ_Rick

member

Activity: 241

Merit: 10

In my opinion, no foul play should prevent you from having your plans and intentions. To my mind, you should think of the happy life with the possibility to earn good money with time by investing in crypto

sublime5447

legendary

Activity: 966

Merit: 1000

Quote from: eternalgloom on November 02, 2018, 08:13:51 AM

They still need you to make use of all the services they're offering.

I hope your message will not only stop in this thread or even just in this forum, i hope it spread like a wildfire. what I'm afraid of is something like this, they are like pointing a gun from the front while behind us is a chasm, so we can't help but have to follow where they will take us. it is not impossible that they will popularize cryptocurrency in the community but they will force people to use their platform.

aray80

member

Activity: 420

Merit: 10

I am happy with the financial freedom that Bitcoin has given me but I also remain vigilant so as not to be emotional about the bad news about bitcoin that might be from some dirty game and threaten the peace of my soul

Wong Kalong

member

Activity: 377

Merit: 10

We remain vigilant about this, for the security of our assets and for the future, so that banks feel rivaled with bitcoin. Bitcoin will remain good and will continue to grow, I think the bank will start looking for loopholes to be able to work and provide benefits to its customers.

gesdan

full member

Activity: 616

Merit: 100

I don't know, this question can be answered with both option, happy, and stay alert because something can happen in bitcoin world and I think we should happy and stay alert in the same time. am I right?

sheenaedago

member

Activity: 262

Merit: 10

I think we should be alert in the presence of downtrend, alert in terms of playing this game, as it was been part of the essence on gaining the success. And it may also be a good aspect so we could take advantage and deal with it fairly.

KenChanYu

hero member

Activity: 1139

Merit: 500

The rescent happenings in the world of crypto was acceptedly being a foul play which we should be more competitive and wise enough dealing this kind of game. In order to achieve the great thrives, we should be alert for the enormous profits we could gain when stability has occur.. And I believe that blockchain will develope bountifully and bitcoin will excel promisingly by the near future.

MAJICOIN

full member

Activity: 364

Merit: 100

The main purpose of bitcoin is to facilitate the financial systems and to eliminate the monopoly of some institutions so we should alert for their turn but it has recorded that bitcoin will will rise more in the coming era and those who are now in bitcoin they would be more rich than those who would then join and i am happy with it's present value and the true picture of this currency and it is the main investment strategies of the wise investors just buy and use it for online casino and betting if you want with out any trouble.

Topic: should we be happy or stay alert because of some foul play? (Read 723 times)