Post
Topic
Board Speculation
Re: Banks going full blockchain
by
makeacake
on 21/11/2015, 15:00:48 UTC
So it seems more and more clear every day that big banks are fully integrating blockchain tech to reduce costs.  
"Fully integrating"? WTF does that mean?
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What sort of affect will this have on bitcoin price?
Just can't wait to sellout to the banksters, can you, sellout? Anything for extra shekels Roll Eyes
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I know some banks are exploring private chains and all this crap,
Yes, it's called 'permissioned blockchain'. That's what all the buzz is about.
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but the Nasdaq realized that bitcoin blockchain is best and I assume the other banks will come to that realization in time.
No, NASDAQ realized no such thing. Thus, the conclusion you draw is also incorrect. Sellout.
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Buti wonder how this will impact price.  Anyone thought of this yet and plugged any numbers in?
Already asked that. There are no 'numbers [to] plug,' just hodl.

First of.all, nasdaq has confirmed that they are using the bitcoin blockchain.  
Wrong.
"On Tuesday, at the Money 20/20 conference in Las Vegas, Nasdaq CEO Robert Greifeld will conduct the first-ever demonstration of Linq, a platform for managing shares of private companies using technology derived from that which powers Bitcoin, which was announced earlier this year." -- http://www.forbes.com/sites/laurashin/2015/10/27/nasdaq-unveils-blockchain-enabled-platform-linq-announces-6-inaugural-clients/
Second of all, I will never trade my bitcoins in for us dollars.  I would just like their purchasing power to be increased in the future  
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Second of all, I will never trade my bitcoins in for us dollars.  I would just like their purchasing power to be increased in the future  
Hoping to profit from banks using Bitcoin is like hoping to profit from terrorists and child molesters using bitcoin. No blood money 4 U Angry