Who is trying to kill Bitcoin? - page 2.

operrajunk74

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Quote from: medUSA on May 08, 2015, 07:01:55 AM

Quote from: sdmathis on May 07, 2015, 09:18:55 AM

Anybody who watches the evening news or glances at the newspaper must be aware of the negative image ...
My question is "Who is doing this?"...

The media surely, and Governments and Banks could be behind this, though not likely. Bad news travels faster than good news and more people are interested in the headlines when the word "bitcoin" is next to "drugs" and "money laundering". There are a lot of good news surrounding bitcoin on internet media, they just don't catch the light that well.

Yup, The first & foremost is Governments and they are taking support from Media. Media has also played a vital role in manipulating the society with the concept of bitcoin there are many serious issues in the country but media will not concentrated on that and that is only because government is asking them to do so.

Amph

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Quote from: Kyle1836 on May 08, 2015, 01:31:24 PM

Quote from: ?? on ??

Quote from: Kyle1836 on May 08, 2015, 08:58:37 AM

I have been studying the same question you asked, I came up with the theory that the government is trying to take control of Bitcoin by taxing it. They see Bitcoin as a profitable scenario for them and they want to take advantage of it, just like they took advantage of it when they sold all the Bitcoin they got from the Silk Road. It's always set up for the government to loose, but Bitcoin will succeed. There is no way that they can force us to show them our Bitcoin, we can just play dumb and say we don't have any.

Well, for now governments like the spanish one aren't taxing btc at least when transforming the currency into any other currency, so there's no VAT there.

Of course if they ever know you have any decent amount of money in BTC they'll want to tax your ass. Thats why it's always recommended to mix your coins before buying anything.

Well, there is no real need to mix your coins. All you need is a proxy/VPN and then your ISP won't know what your doing, or it'll at least make it very hard to figure out if you have any crypto-currency. The point of Bitcoin was to be decentralized and uncontrollable from prying eyes, and we are gonna do anything in our power to make sure it stays like that. And that's one of the things that makes Bitcoin so special, but then you get the dreamers like the government wanting to dip they're hands into Bitcoin for the money. And it's not really fair how they target Bitcoin but no other Altcoin, so worst comes to worst, if Bitcoin fails, there are many other Altcoin's that can step up and take Bitcoin's place.

the problem still remain with being anon, and it is only one(also has nothing to do with the currency itself) the main problem is that when you buy something, you need to put your residence name on their site, and it is there , that they can easily track you, no matter what payment are you doing, even cash won't save you

other coins are not a problem for the government because they have a so tiny market cap, that they look almost all dead, governments does not bother with them, to them only bitcoin represent a threat

Kyle1836

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Quote from: ?? on ??

Quote from: Kyle1836 on May 08, 2015, 08:58:37 AM

I have been studying the same question you asked, I came up with the theory that the government is trying to take control of Bitcoin by taxing it. They see Bitcoin as a profitable scenario for them and they want to take advantage of it, just like they took advantage of it when they sold all the Bitcoin they got from the Silk Road. It's always set up for the government to loose, but Bitcoin will succeed. There is no way that they can force us to show them our Bitcoin, we can just play dumb and say we don't have any.

Well, for now governments like the spanish one aren't taxing btc at least when transforming the currency into any other currency, so there's no VAT there.

Of course if they ever know you have any decent amount of money in BTC they'll want to tax your ass. Thats why it's always recommended to mix your coins before buying anything.

Well, there is no real need to mix your coins. All you need is a proxy/VPN and then your ISP won't know what your doing, or it'll at least make it very hard to figure out if you have any crypto-currency. The point of Bitcoin was to be decentralized and uncontrollable from prying eyes, and we are gonna do anything in our power to make sure it stays like that. And that's one of the things that makes Bitcoin so special, but then you get the dreamers like the government wanting to dip they're hands into Bitcoin for the money. And it's not really fair how they target Bitcoin but no other Altcoin, so worst comes to worst, if Bitcoin fails, there are many other Altcoin's that can step up and take Bitcoin's place.

Kyle1836

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I have been studying the same question you asked, I came up with the theory that the government is trying to take control of Bitcoin by taxing it. They see Bitcoin as a profitable scenario for them and they want to take advantage of it, just like they took advantage of it when they sold all the Bitcoin they got from the Silk Road. It's always set up for the government to loose, but Bitcoin will succeed. There is no way that they can force us to show them our Bitcoin, we can just play dumb and say we don't have any.

Mr Crabs

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I think the biggest threat to bitcoin is just ignorance by the masses so if anything it's them that may inadvertently kill it or at least stifle growth. This is what's holding it back from truly going global. I think it will eventually break through but it is going to be a slow and arduous process. Public opinion will hopefully be swayed eventually when they see all the good it can do (at least I hope).

gripflierGO

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Quote from: medUSA on May 08, 2015, 07:01:55 AM

Quote from: sdmathis on May 07, 2015, 09:18:55 AM

Anybody who watches the evening news or glances at the newspaper must be aware of the negative image ...
My question is "Who is doing this?"...

The media surely, and Governments and Banks could be behind this, though not likely. Bad news travels faster than good news and more people are interested in the headlines when the word "bitcoin" is next to "drugs" and "money laundering". There are a lot of good news surrounding bitcoin on internet media, they just don't catch the light that well.

I completely agree with you. The Governments and Banking systems are trying to kill bitcoins and the are taking help from media as the people of society are more influenced by media and press so they are involved in doing negative publicity of bitcoin.

JJB

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Quote from: medUSA on May 08, 2015, 07:01:55 AM

Quote from: sdmathis on May 07, 2015, 09:18:55 AM

Anybody who watches the evening news or glances at the newspaper must be aware of the negative image ...
My question is "Who is doing this?"...

The media surely, and Governments and Banks could be behind this, though not likely. Bad news travels faster than good news and more people are interested in the headlines when the word "bitcoin" is next to "drugs" and "money laundering". There are a lot of good news surrounding bitcoin on internet media, they just don't catch the light that well.

Doubt the banks really care at this point as bitcoin isn't anywhere close to being a threat to them. The media are likely just doing what they do best and fudding because that's their whole business to scare people all the time.

medUSA

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Quote from: sdmathis on May 07, 2015, 09:18:55 AM

Anybody who watches the evening news or glances at the newspaper must be aware of the negative image ...
My question is "Who is doing this?"...

The media surely, and Governments and Banks could be behind this, though not likely. Bad news travels faster than good news and more people are interested in the headlines when the word "bitcoin" is next to "drugs" and "money laundering". There are a lot of good news surrounding bitcoin on internet media, they just don't catch the light that well.

torrentheaven

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Quote from: shulio on May 08, 2015, 04:34:14 AM

Quote from: randy8777 on May 07, 2015, 12:24:52 PM

Quote from: RodeoX on May 07, 2015, 11:22:22 AM

The thing is, there is no evidence that the government has any interest whatsoever in hurting bitcoin. This forum is bat shit crazy when it comes to conspiracy theories. But no one ever presents any evidence or even a logical reason for their theories.

governments doesn't have and will not have interest in bitcoin. especially since it is not a threat for them. people here are way too paranoid.

Perhaps not now but sometimes in the future the government will have interest in bitcoin, not to control it because it cant be control by the government rather than the government will try to destroy it because it is a threat to fiat. They can control fiat but they cant control bitcoin

Yup that's true. Government would definitely try to destroy it in coming future as Govt sees Bitcoin as a threat to Banking System and Fiat money So at present the scenario says that the Govt is against the Bitcoin and they are taking support from media as people are more influence by media.

shulio

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Quote from: randy8777 on May 07, 2015, 12:24:52 PM

Quote from: RodeoX on May 07, 2015, 11:22:22 AM

The thing is, there is no evidence that the government has any interest whatsoever in hurting bitcoin. This forum is bat shit crazy when it comes to conspiracy theories. But no one ever presents any evidence or even a logical reason for their theories.

governments doesn't have and will not have interest in bitcoin. especially since it is not a threat for them. people here are way too paranoid.

Perhaps not now but sometimes in the future the government will have interest in bitcoin, not to control it because it cant be control by the government rather than the government will try to destroy it because it is a threat to fiat. They can control fiat but they cant control bitcoin

amiryaqot

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Quote from: Whitehouse on May 08, 2015, 03:37:43 AM

Quote from: maartenhaha on May 08, 2015, 03:30:07 AM

what about all those other coins popping up like shrooms everywhere? who are those people? litecoin i can understand like it's silver to gold. dogecoin haha love that dog ^^

but all the others who are they? payed by people in power to take your time away from the actual coin?
because the way i see it, the lesser time is given to something with value, the lesser value it is given over time. basic rule of giving something a value

No. They're just greedy capitalists and scammers trying to make as much money as they can by peddling crap to fools. 99.9% of alt coin devs create these crapcoins with one goal in mind and that is to make money. They create the coin, dump it and move on. The best way to deal with alts is to ignore them unless they actually offer something new and if people did that they would soon disappear.

creating new altcoin is most profitable business in these days to get bitcoins from people in the name of innovation and with attractive roadmap, every altcoin's Dev claims that his coin has most advanced and secure than bitcoin but stealing a lot of money from people they disappear and run away with this money so better thing is that keep trust in Bitcoin there is no better coin than that.

Whitehouse

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Quote from: maartenhaha on May 08, 2015, 03:30:07 AM

what about all those other coins popping up like shrooms everywhere? who are those people? litecoin i can understand like it's silver to gold. dogecoin haha love that dog ^^

but all the others who are they? payed by people in power to take your time away from the actual coin?
because the way i see it, the lesser time is given to something with value, the lesser value it is given over time. basic rule of giving something a value

No. They're just greedy capitalists and scammers trying to make as much money as they can by peddling crap to fools. 99.9% of alt coin devs create these crapcoins with one goal in mind and that is to make money. They create the coin, dump it and move on. The best way to deal with alts is to ignore them unless they actually offer something new and if people did that they would soon disappear.

maartenhaha

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what about all those other coins popping up like shrooms everywhere? who are those people? litecoin i can understand like it's silver to gold. dogecoin haha love that dog ^^

but all the others who are they? payed by people in power to take your time away from the actual coin?
because the way i see it, the lesser time is given to something with value, the lesser value it is given over time. basic rule of giving something a value

like altcoin... when i see that coin i clic away.. because of what i read about them used in ponzy and other devious shemes.

just wondering.

one other thing, people in power will never give up that status and do anything to keep that status

Kprawn

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I was acctually thinking the same thing yesterday, while I was watching a episode of Blacklist {Season 1} .... The guy had to shift $ 5 000 000 in a "un-traceable" way to another account.. and he did iit in say 5 minutes... His explanation was... I used a Ripple account and then transfered it with Bitcoin ........la la la.

I acctually laughed out load.. when I saw that... and thought to myself... "Who think up this shit?"

The corrupt side of the Bitcoin community is doing so much damage, without even thinking about the long term influence on their actions. MtGox and Silkroad being the leaders in the crowd. Angry

Ask yourself... Where would Bitcoin have been without that?

Light

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Quote from: sdmathis on May 07, 2015, 09:18:55 AM

Anybody who watches the evening news or glances at the newspaper must be aware of the negative image that Bitcoin has hovering above it.

My question is "Who is doing this?" Is it the governments because they want to control Bitcoin and have been unable to exercise full control yet? Is it the banks because they see Bitcoin as a viable threat their exclusive domain? Or are we, the Bitcoin users, simply shooting ourselves in the foot with enterprises like the Silk Road that are using Bitcoin for illicit purposes? What do you think?

It's most likely a mixture. In my opinion, most of the negative media surrounding Bitcoin is because for news outlet's they gain more attention with bad news then good news - so for them it's useful to report on events with negative outcomes. The other part is that Bitcoin hasn't actually done anything good - mainly it's been associated with buying illicit drugs and as a commodity for criminals (i.e. cryptolocker). No one wants to associate themselves with that so Bitcoin becomes an unwanted product.

louise123

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Quote from: shulio on May 07, 2015, 10:10:47 AM

Quote from: louise123 on May 07, 2015, 10:04:32 AM

Quote from: shulio on May 07, 2015, 09:58:14 AM

Quote from: RodeoX on May 07, 2015, 09:39:11 AM

Quote from: Slark on May 07, 2015, 09:32:51 AM

The answer may be simpler that you think. News companies and mass media in general need earn money and be watched to exist. And what kind of news are the easiest to sell? Of course, disasters, murders, terrorists attacks, school massacres and on top of that they found new great topic - awesome new technology - Bitcoin turns evil. It is easiest to show bitcoin in negative light, media will will find even small cases of crooked people using bitcoin and made it look like total crime and bitcoin will be viewed as a tool of satan.

That is what I think also. bitcoin is really not very interesting. But dark nets, underground drug markets, international criminal empires, terrorists. Now those words get hits! No one is trying to kill bitcoin, they are trying to make money. Who wants to read about monetary policy or fractional reserve banking?
The news could also turn unrealistically optimistic in a few months. If there were a narrative that was sexy and painted bitcoin in a good light they would go for that as quickly.

Media is controlled by the government so back at the top again it will be the goverment who want to kill bitcoin. They are afraid of something they cant controll. The media make up stories so that alot of people will see this and that is how government will kill it. They cant do it alone and they are using media to manipulate the people

Actually that would be the banks.
The government controls the media, the banks (the money) controls the government.

I dont know what country are you from but in my country, the government is in the top of the political structure and government controls the bank too. My reason was simple, because if government decide to kill bitcoin, the people will see them as the bad guy but what if they manage to get the support from the people that dont know about bitcoin? then they will be praise for doing this thing

Are you from China?
At age 25 you still have a lot to learn.
In order for a political party to become government they need money, lots of it.
Guess where that money comes from?
Those who have it.
And those who have it consider it, an investment.
I give X amount of cash, I have a president in my pocket Wink

And to answer your question, the media is doing a great job in backing up for the government.
Don't forget that Bitcoin is shown as a tool for criminals.

Amph

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Quote from: nerFohanzo on May 07, 2015, 04:36:02 PM

The corrupted Government and the Banking system are the most who are trying to kill the Bitcoin. As the banking system views it as an threat and the corrupted Government will never allow the use of bitcon into their country and the press is taking advantage of it.

i don't think so, corrupted governments are probably using it, instead normal government are trying to spread fud together with bank and trying to sink bitcoin

i'm expecting also, some group of people who are against bitcoin

BIT-Sharon

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Government and banks are one.

Slark

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Quote from: oblivi on May 07, 2015, 06:25:32 PM

People have agendas, anyone that has more than half a brain is seeing Bitcoin has the game changer of the next century, everyone is either going to be pro or anti bitcoin. Now who with enough power can hurt BTC? Governments, and individuals holding massive amounts of power outside the BTC ecosystem that do not want to put it inside the BTC ecosystem. Thats the big picture. So its not only government, but particulars too.

You can't kill progress. Bitcoin may be the first mass scale crypto in existence and genesis of all cryptocurrency in general but it won't be the last attempt to create 'virtual money'.
People are just convinced that bitcoin will succeed. I wish for it too but around the corner could be an even more awesome alternative.

TheMystic

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Quote from: gripflierGO on May 07, 2015, 07:00:33 PM

The Press & Media is over reacting on bitcoin. If little prices fall they make it an big issue which leads people to rethink that whether the decision of investing in bitcoin was good or bad. People are so influenced by media that they start believing them blindly without using own's common sense.

The written word seems to carry a lot of weight. It doesn't have to be truth. It only has to be written and it's believed.

Topic: Who is trying to kill Bitcoin? - page 2. (Read 3117 times)