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Showing 6 of 6 results by Name404
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Re: Does the bitcoin have a future?
by
Name404
on 15/07/2018, 17:39:18 UTC
I'm very glad to see that there are still people who remember the real idea of bitcoin. Who does not measure bitcoin in dollars. Who believes in idea. I think bitcoin are waiting for the not best times in near future. And bitcoin really needs the enthusiasm of the participants.
But ignoring the banking system is unreasonable too. Isn't it? Banks it is not only payments. It is also credit system. In first it is credit system.
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Re: Does the bitcoin have a future?
by
Name404
on 15/07/2018, 06:43:28 UTC
of course bitcoin has a good future some people mention bitcoin will die and it's been mentioned a few years ago but in fact the bitcoin is still alive and very popular it signifies that bitcoin has a good future and you can see bitcoin price increases every year.
Yes I see price. But the 10-year cycle in the world economy is now ending. And bitcoin has not been accepted by the banking system. I'm trying to understand the reasons. I have described my considerations above.
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Re: Does the bitcoin have a future?
by
Name404
on 15/07/2018, 06:28:54 UTC
Do not write insults please. I am interested in reasonable explanations of the phenomenon of bitcoin. I'm curious to know how society looks at the phenomena I have written. And why you not agree wrritten above. What are the opinions on this matter. Thank you for your opinions.
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Re: Does the bitcoin have a future?
by
Name404
on 15/07/2018, 05:42:48 UTC
Bitcoin is manipulated. This is a well-known fact. We must admit this. Manipulation began with the appearance of the first ASICs. Let's admit the bitcoin is centralized. Like LTC, BCH and other ASIC-addicted coins. Today number of largest holders of bitcoin is small. And they manipulate the market.
manipulating the price has nothing to do with ASICs nor with centralization.
just because someone has an ASIC farm and has a large portion of the current hashrate, it doesn't make bitcoin centralized. it just means he believed in bitcoin a lot more than YOU did so he invested a lot more of his money in bitcoin while you were nagging about why others are making more profit than you from bitcoin!

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Why banking corporations will never accept Bitcoin and you will never get payment gateway all-in-one?
who cares about banks accepting bitcoin?
we have bitcoin to not need banks and their acceptance anymore!!!

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Let's remember the theft of ethereum. One person made changes to the network with his decision.
this is off topic. ethereum is a centralized altcoin with a lot of bugs...

basically you are trying too hard, .... if you don't like bitcoin, you know where the door is. but I am sure you will never go away.

Of course. What else can I hear from a person who is chasing after a momentary profit in dollars? I'm not surprised by your answer. It was already included in the first post. For you are important dollars, but not bitcoin. You are here for the sake of momentary profit in dollars. So who was there talking about the door?
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Re: Does the bitcoin have a future?
by
Name404
on 15/07/2018, 05:33:12 UTC
Friends, bitcoin is not suitable for payments. Imagine that you are a banker. Will you risk the money that has been accumulating for centuries? Banks will speculate. Why not? If market participants agree. But it's not serious. Warren Buffett is right. Bitcoin will end badly. This is the first and experimental currency. The experiment showed the greed of the stakeholders. The experiment showed all the dangers of cryptocurrency. And what should be avoided when creating a really working cryptocurrency. I only recently realized the depth of thought of Warren Buffett. How did he come to this conclusion.
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Topic
Does the bitcoin have a future?
by
Name404
on 15/07/2018, 03:57:33 UTC
Dear friends! Let me remind you what is cryptocurrency is and what its purpose is. Bitcoin is the first cryptocurrency. The creator of bitcoin had the main goals of decentralization and lack of control by government. Today, all people are discreetly deceived. People are offered a chase for the US dollar. Speculators and ASIC manufacturers came to the world of cryptocurrency. They do not need a cryptocurrency. They need dollars here and now. They are old and they wouldn't like to eat own d***, you understand what I mean. People succumbed to the chase to the dollar. Bitcoin is manipulated. This is a well-known fact. We must admit this. Manipulation began with the appearance of the first ASICs. Let's admit the bitcoin is centralized. Like LTC, BCH and other ASIC-addicted coins. Today number of largest holders of bitcoin is small. And they manipulate the market.

Why banking corporations will never accept Bitcoin and you will never get payment gateway all-in-one?

Banking corporations are organizations that play an important role in the economy of states. People often blame banks for various troubles. Often this happens erroneously. Banking corporations are interested in cryptocurrency. But this should be money not dependent on a limited number of people. You want to create a currency and banks must accept it. This will not happen until the banks are equal players.
You want decentralization. You are talking about decentralization. Decentralization is good. But you do not do anything for it. Let's remember the theft of ethereum. One person made changes to the network with his decision. It is unacceptable. For banks this is unacceptable. Unacceptable theft, change of the network by one man is unacceptable, too.
Tomorrow, the largest bitcoin holders will arrange a price collusion. Who will suffer in the first place? You will suffer first of all. And who will be accused? The banking system will be blamed as usual.
No one banker will say this in an interview on TV and even in a private conversation. But it is so.
The banking system, business and society need an independent currency. A currency that will vehemently resist any attempts at centralization. You must understand this. Ideally, this currency should be independent of people, but people should serve it.
Banks have tried to develop such a currency. It did not work. This is inappropriate to do the banks for various reasons.
The decision must be made by society. By you. Banks can accept a fair and maximally decentralized cryptocurrency. But banks will never allow anyone to manipulate them.
Regards,