The only reason why anyone would want to see Bitcoin fail - page 2.

Habeler876

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Quote from: jjacob on September 07, 2014, 04:21:38 AM

Governments could be uncomfortable about losing their hold over the money supply.
They may not be prepared to ban bitcoin, but they would love to see it fail.

I'd say it's very premature to be talking about "losing their hold over the money supply." Bitcoin is a drop in the bucket in terms of money supply. Maybe, maybe, decades down the road, if bitcoin becomes massively successful.... maybe....

jjacob

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★Nitrogensports.eu★

Governments could be uncomfortable about losing their hold over the money supply.
They may not be prepared to ban bitcoin, but they would love to see it fail.

pork pie

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Quote from: antibitcoinconsortium on September 06, 2014, 05:36:44 PM

.......... over 50% of the currency is in the hands of US government.

That's rubbish. Where did you hear 50% of bitcoins are in the hands of US government? The remaining silk road bitcoins are nowhere near 50% of the coins in existence.

KJO

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Quote from: antibitcoinconsortium on September 06, 2014, 05:36:44 PM

we have done a great deal of research and of course as hackers we want the bitcoin to succeed, but its chances have gone by. we can no longer support a system where over 50% of the currency is in the hands of US government. the around 40% in the hands of big speculators and manipulators and 10% in the hands of the real users.

it is a speculative bubble that is about to collapse at this very moment.

The equity and bond markets are speculative bubbles that are about to collapse at this very moment.

FIXED!

inca

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Quote from: antibitcoinconsortium on September 06, 2014, 05:36:44 PM

we have done a great deal of research and of course as hackers we want the bitcoin to succeed, but its chances have gone by. we can no longer support a system where over 50% of the currency is in the hands of US government. the around 40% in the hands of big speculators and manipulators and 10% in the hands of the real users.

it is a speculative bubble that is about to collapse at this very moment.

Activity 18. Another ignore!

antibitcoinconsortium

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we have done a great deal of research and of course as hackers we want the bitcoin to succeed, but its chances have gone by. we can no longer support a system where over 50% of the currency is in the hands of US government. the around 40% in the hands of big speculators and manipulators and 10% in the hands of the real users.

it is a speculative bubble that is about to collapse at this very moment.

InwardContour

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Quote from: nuff on September 06, 2014, 11:38:00 AM

is because they did not get into Bitcoin when it was in the pennies and missed the boat.

There are two type of bicoin users, the first are the ones who hold to get rich, the others are the ones who sells to buy more at a cheaper price.

EternalWingsofGod

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Quote from: counter on September 06, 2014, 01:53:43 PM

Or it threatens your current model of banking and control over the financial institutions over the world in one way or another.

This if it can outmode and compete a traditional banking system as a mechanism of exchange and payments.
Then it would be of concerns to them
That and jealous folks seems about right.

Brewins

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Quote from: nuff on September 06, 2014, 11:38:00 AM

is because they did not get into Bitcoin when it was in the pennies and missed the boat.

They want to fell superior by saying it would fail anyway, and that things that they can't understand are indeed junk that will never succed.

It is more about ego than regret

Habeler876

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Quote from: counter on September 06, 2014, 01:53:43 PM

Or it threatens your current model of banking and control over the financial institutions over the world in one way or another.

Oh, SNAP! That was my thought exactly when reading the OP. There are some pretty powerful people who wouldn't mind seeing BTC fail. And in these early days, it is possible that it will fail on its own. For now, the protocol is strong. Onwards and upwards!

(Okay, maybe we go down first Tongue

)

counter

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Time is on our side, yes it is!

Quote from: Dalmar on September 06, 2014, 02:12:34 PM

Many banks make annual profits that are higher than bitcoin's entire market cap. I doubt they feel like they 'missed the boat'.

Many bankers have been committing suicide so who knows how they feel about Bitcoin or their jobs. I do understand your point and can't help but imagine some over privileged banker not being very concerned and this is how I'd imagine them reacting..

nuff

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Quote from: counter on September 06, 2014, 01:53:43 PM

Or it threatens your current model of banking and control over the financial institutions over the world in one way or another.

If banks are smart, they would ride on the inevitable evolution of money - that money, in order to have value, cannot be infinitely created out of thin air.

Dalmar

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Life is short, practice empathy in your life

Many banks make annual profits that are higher than bitcoin's entire market cap. I doubt they feel like they 'missed the boat'.

counter

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Time is on our side, yes it is!

Or it threatens your current model of banking and control over the financial institutions over the world in one way or another.

falllling

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Quote from: nuff on September 06, 2014, 11:38:00 AM

is because they did not get into Bitcoin when it was in the pennies and missed the boat.

no one wants to see bitcoin 's failure unless bitcoin itself is going to fail

i mean bitcoin is dropping to the final capitulation and i am ok to watch that, i won't cover my eyes / bury my head in the sand and say it isn't happening

nuff

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is because they did not get into Bitcoin when it was in the pennies and missed the boat.

Topic: The only reason why anyone would want to see Bitcoin fail - page 2. (Read 2849 times)