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Topic: When will banks start a war against bitcoin - page 10. (Read 16230 times)

member
Activity: 189
Merit: 10
February 21, 2018, 07:38:02 AM
It depends what the big banks will do. Because some motnh ago you heard rumors that jp morgan already buyed bitcoin over a subsidiary company. So if this true, banks want to take profit from cryptocurrencies too. I dont think that other banks will now start a war against cryptocurrencies when already such a big bank like jp morgen are invested in bitcoins.
full member
Activity: 238
Merit: 100
February 21, 2018, 07:18:45 AM
Yes, banks to some extent hate the crypto currency, they are worried that they do not receive any interest from the transaction. When in the real world for any transaction, banks take a percentage
newbie
Activity: 196
Merit: 0
February 21, 2018, 07:09:47 AM
Banks think and throw in the yellow press news about the fact that bitcoin will die and bitcoin will not survive. They have already started the war. It is not necessary to follow their course of thoughts and to understand what is happening on the exchange and in general in life.
legendary
Activity: 1596
Merit: 1061
Smile
February 21, 2018, 06:49:30 AM
It's already happening. Just the other day it was revealed that a Polish bank was paying YouTubers to make critical videos about cryptocurrency.

https://cointelegraph.com/news/polish-central-bank-secretly-funds-anti-crypto-youtube-propaganda-videos



while you obtain your crypto and help support the community to grow

these banks and governments are affecting the price resulting in fear, anxiety, suicide, death

who is the real enemy of the people?

copper member
Activity: 405
Merit: 0
Verasity is a Protocol and Product Layer Platform
February 21, 2018, 06:26:09 AM
It's already happening. Just the other day it was revealed that a Polish bank was paying YouTubers to make critical videos about cryptocurrency.
legendary
Activity: 1596
Merit: 1061
Smile
February 21, 2018, 04:20:50 AM
The war has already begun. Here in my country, if the bank detected that your money is from bitcoins, they will freeze your account and you wont be able to get your money back. That's why I dont use banks to get my earnings.
What country you are in? Here in my country we are allowed to encash my money through banks. There are just times that banks are having an error transaction but they will still refund our money or bitcoin. There is also a lot of transaction we can use here, so I have a lot of option if there is an error through bank.

Nope no war on bitcoin

https://www.express.co.uk/finance/city/906189/Bitcoin-price-latest-value-crashing-stock-EU-European-Union

jan 18th

who do you think donates to the policy makers


shame about brexit if i may assume - 2 years and still the banks got you hostage
hero member
Activity: 1078
Merit: 501
February 21, 2018, 03:39:06 AM
The war has already begun. Here in my country, if the bank detected that your money is from bitcoins, they will freeze your account and you wont be able to get your money back. That's why I dont use banks to get my earnings.
What country you are in? Here in my country we are allowed to encash my money through banks. There are just times that banks are having an error transaction but they will still refund our money or bitcoin. There is also a lot of transaction we can use here, so I have a lot of option if there is an error through bank.
sr. member
Activity: 331
Merit: 250
Personal Text: Blockchain with a Purpose
February 21, 2018, 03:32:54 AM
The war in bitcoin has already begun. The past years banks already starts war against bitcoins because they are afraid of it. Probably if bitcoins continuously rising banks will lose.
full member
Activity: 364
Merit: 100
February 20, 2018, 10:43:19 PM
I know we are still at a start of cryptocurrencies, but bitcoin is growing with lightning speed right now and some banks already see it as a potential threat.
There has been a lot of accusations form banks, that bitcoin is perfect for money laundering and is used for supporting crime.
I think they can do a lot of harm to bitcoin market and they will eventually start with harsh campaign against it.
Do you think it will happen and when?
I think now banks are starting to fight bitcoin in a subtle way so as not to be seen by investors. They lobbied with government to create policies that curb the spread and use of bitcoin.
But it has not been able to make the bitcoin unstoppable from circulation and make people avoid bitcoin.
full member
Activity: 546
Merit: 100
February 20, 2018, 09:56:40 PM
I think there is no time and date when the bank will start war on bitcoin. Because bitcoin can affect their bank loans activity. Their client did not invest money to their bank anymore because clients are now investing their money at bitcoin and the most disadvantage of it the client will withdraw all they investment at the bank and invest it to bitcoin because all we know that in bank investment you will get small amount of interest compare when they invest their money to bitcoin it will grow so fast and in a big interst so the banks are so much bothered at bitcoin so anytime they will start a war against bitcoin.
sr. member
Activity: 545
Merit: 250
Colletrix - Bridging the Physical and Virtual Worl
February 20, 2018, 09:46:17 PM
What worries me though is that bitcoin is still a currency, money, and government would find ways on how to make it centralized, let's see how banks will make their move.
Yes while they still don't have any solution for it, they are banning it from their country to avoid any unwanted situations from cryptocurrencies. That is their move because we all know that it will be hard to make bitcoin centralized because it is build for decentralization. That is one of the reason why people like using bitcoin because there is no any third party involved.
There's no way they can regulate it, it is decentralized, all they can do is to tax those built establishments may it be they accepting bitcoin or not, those ICO and exchanges or websites but not literally the crypto people, they can tax them when the money is already in their fiat.
full member
Activity: 167
Merit: 105
February 20, 2018, 09:27:27 PM
What worries me though is that bitcoin is still a currency, money, and government would find ways on how to make it centralized, let's see how banks will make their move.
Yes while they still don't have any solution for it, they are banning it from their country to avoid any unwanted situations from cryptocurrencies. That is their move because we all know that it will be hard to make bitcoin centralized because it is build for decentralization. That is one of the reason why people like using bitcoin because there is no any third party involved.
full member
Activity: 266
Merit: 101
February 20, 2018, 08:21:13 PM
What worries me though is that bitcoin is still a currency, money, and government would find ways on how to make it centralized, let's see how banks will make their move.
legendary
Activity: 1596
Merit: 1061
Smile
February 20, 2018, 07:32:36 PM
Let's not hope that war between banks and bitcoin would start anytime soon. We all know that banks is acknowledged by corrupt governments unlike bitcoin. It will be a long process before bitcoin can be legalized free to use in several countries unlike banks who are essential part allowed to print free money and increase interest rates of every countries' economy.

fixed it


Let's not hope that war between banks and bitcoin would start anytime soon. We all know that banks is acknowledged by corrupt governments unlike bitcoin. It will be a long process before bitcoin can be legalized free to use in several countries unlike banks who are essential part allowed to print free money and increase interest rates of every countries' economy.

sr. member
Activity: 462
Merit: 252
February 20, 2018, 07:07:28 PM
i suppose it has already started , remember doing a bitcoin transaction does not  necessarily require a bank or financial institution thereby bypassing it resulting in a loss of fees (income)for the bank what we would have is a situation where monies would be leaving the traditional banking platform into the bitcoin ecosystem , this will continue to spell disaster for banks as profits will go down in a number of ways as there will less money to lend and you might also find that the number of borrows may also be limited , because your able to use bitcoins to raise start up capital for your business.So if bitcoins is allowed to continue in its present form i can understand the sleepless nights the banking industry must be experiencing because their is no stopping bitcoins , more-so as prices are trending upwards.
jr. member
Activity: 193
Merit: 1
February 20, 2018, 06:53:28 PM
Let's not hope that war between banks and bitcoin would start anytime soon. We all know that banks is acknowledged by governments unlike bitcoin. It will be a long process before bitcoin can be legalized in several countries unlike banks who are essential part of every countries' economy.
jr. member
Activity: 35
Merit: 4
MORPHEUS LABS
February 20, 2018, 06:40:07 PM
The war has already begun. Here in my country, if the bank detected that your money is from bitcoins, they will freeze your account and you wont be able to get your money back. That's why I dont use banks to get my earnings.
full member
Activity: 966
Merit: 104
February 20, 2018, 05:55:49 PM
The war between banks and bitcoins has been going on for a long time and we can see it on the example of a recent report that the banks of Poland ordered videos on social networks with fictional negative information about the crypto currency, while paying for such information about $ 30,000. We also could see the appearance in January and the first half of February of many different fabrications about crypto currency and bitcoin, and it was with this in mind that bitcoin and other crypto currency fell so low in its value and stayed on the price for so long.
jr. member
Activity: 101
Merit: 3
February 20, 2018, 05:27:51 PM
I know we are still at a start of cryptocurrencies, but bitcoin is growing with lightning speed right now and some banks already see it as a potential threat.
There has been a lot of accusations form banks, that bitcoin is perfect for money laundering and is used for supporting crime.
I think they can do a lot of harm to bitcoin market and they will eventually start with harsh campaign against it.
Do you think it will happen and when?
Bitcoin is illegal most of the country all over the world.Bank already starting war against bitcoin and as a result bitcoin buy sell on black market.Some asia country illegal bitcoin ,if you use bitcoin than you have to go to jail.Bitcoin is a most powerful and valuable currency so it will legal all over the world.
legendary
Activity: 1596
Merit: 1061
Smile
February 20, 2018, 05:21:35 PM
I believe it will happen why? Some goverment in other countries they have study now how to given a tax and control this cryptocurrency because if you sell a bitcoin i. A high amount they will give you a tax. So the goverment now is studying this particular situation. It will happen because in thier side people need to pay a tax. Which is so unfair.


waiting for the new law that will somehow tax, regulate or criminalize peer to peer buying

tried it with
music sharing
file sharing
encryption


anything peer to peer

watch them attack it



we all welcome the new peer to peer king

Bitcoin



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