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Topic: If bitcoin has enemy (except altcoin) what is it? (Read 3172 times)

crismass1225

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Re: If bitcoin has enemy (except altcoin) what is it?

September 17, 2017, 04:55:19 AM

#101

Like everybody worst enemy it is our self and bitcoin worst enemy is bitcoin, if there no development improvement and innovation in bitcoin it will stuck on it and users will switch to other crypto. I dont think that government are one of the worst enemy of bitcoin as the government duty is to make and impose the law for the better of a nation. Banks are not the enemy also as bank has establish their reputation long time ago.

cryptopass

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Re: If bitcoin has enemy (except altcoin) what is it?

September 17, 2017, 05:12:33 AM

#102

Bitcoin is a currency that has gained a lot of enemies. Companies that want to operate using the virtual currency struggle to create bank accounts, as a result. Especially, Banks and other financial institutions are seeing it a threat to their existence, because big transactions and fund transfer and investment are also possible via bitcoins right now.Banks and financial institution are thinking that their business is going to be scaled down. This type of phobia is meaningless.If banks & financial institutions become bitcoin exchanger and allow bitcoin as medium of transaction, their business will be scaled up.

endlasuresh

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Re: If bitcoin has enemy (except altcoin) what is it?

September 17, 2017, 05:15:44 AM

#103

Even I had my own enemies that are adjacent to my home and few of them are related to my business as they don't want me to grow rich. This happens everywhere in this world and we have to take steps follow on instead of giving answers to those people.

Bitcoin has grew up and no one can kill it as years has been over and running.

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Omega Weapon

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Re: If bitcoin has enemy (except altcoin) what is it?

September 18, 2017, 05:26:38 AM

#104

Quote from: xdev on September 10, 2017, 03:24:08 PM

Bitcoins biggest enemy isn't the banks IMO. Its governments and corporations wanting to control the Internet. Bitcoin doesn't threat the elite as much as an open internet does. On the internet you can discuss and do anything you want, you can even make anonymous untracable transactions with the help of cryptocurrency. Making sure the internet is no longer as open as it is today by inflicting surveillance and censorship would probably spell the end of Blockchain technology. Maybe the tech will live on, but the whole purpose of Blockchain and Bitcoin is to give more freedom and power to the people, if that was to be controlled and centralized alot of people would give up on the tech and move on to something new

Well, the Internet is a big threat to those in power, that is why you see countries like Venezuela forcing censorship in facebook and similar websites, a government only cares about maintaining its own power and anything that threatens that is treated as something highly illegal, but Venezuelan people just want to get out of the difficult economic situation they are facing and that is impossible to resolve if the same people remain in power.

johnarce

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Re: If bitcoin has enemy (except altcoin) what is it?

September 18, 2017, 11:20:28 AM

#105

It would be the countries that bans Bitcoin (eg. Iceland, France, Bangladesh, Bolivia.) They're banning transfers between fiat and Bitcoin for their citizens. And even that is almost impossible to enforce.

StonedWolf

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Re: If bitcoin has enemy (except altcoin) what is it?

September 18, 2017, 09:58:56 PM

#106

It will definitely be hackers, do to the fact that they threat the security of funds of bitcoin, by their virus and their websites, while security is the key of people's trust in bitcoin.

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Re: If bitcoin has enemy (except altcoin) what is it?

September 23, 2017, 02:59:21 AM

#107

Quote from: crismass1225 on September 17, 2017, 04:55:19 AM

Governments are the worst enemies of bitcoin, while in theory governments should strive to improve the country, the truth is that most governments only exists to serve themselves and they are trying to impose their rules not to benefit the population but to benefit themselves, this is why they do not like bitcoin, because bitcoin benefits the population but not them.

ipanks

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Re: If bitcoin has enemy (except altcoin) what is it?

September 23, 2017, 08:34:33 AM

#108

Quote from: Omega Weapon on September 23, 2017, 02:59:21 AM

Quote from: crismass1225 on September 17, 2017, 04:55:19 AM

i imagine if government is accepting bitcoin and they can learn and they can integrate with blockchain technology into their technology, it would be great for people. governments can fix the economy to the better system while people can solve the poverty beside that with bitcoin, i think in the end, both government and people can be grow to the better system economy.

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severaldetails

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Re: If bitcoin has enemy (except altcoin) what is it?

September 23, 2017, 08:46:24 AM

#109

I see naivety as a problem of bitcoin.
Many people believe all the rumors and fake stories that occure over and over again without using their heads.
That brings them to make impulsive moves on the markets which sometimes trigger a domini effect.
And that is bad for all the bitcoin users.

Sweetbtc

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Re: If bitcoin has enemy (except altcoin) what is it?

September 23, 2017, 10:20:37 AM

#110

Quote from: ipanks on September 23, 2017, 08:34:33 AM

Quote from: Omega Weapon on September 23, 2017, 02:59:21 AM

Quote from: crismass1225 on September 17, 2017, 04:55:19 AM

I agree with you that government is the worst enemy of bitcoin more than the alt coin. Due to the opposite vision of government in terms of economic status and money generating, so government really hate bitcoin because they cannot get anything in every transaction done with it

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hajimasan

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Re: If bitcoin has enemy (except altcoin) what is it?

September 23, 2017, 10:30:53 AM

#111

Quote from: MarkAvatar on September 03, 2017, 03:34:47 PM

You can tell me anything what's bitcoin worst enemy is...

Mine is, government!

In my opinion government is nit the enemy but the main enemy are only selected people who are using bitcoin for money laundering ,for ilegal activities , for earnings without paying tax , transfer of money without record to have , dark web to steal data deal payment .
So here you can understand well that why the government take action against the bitcoin and taking action also against to those people.
And I think it is duty of the government to make the better combination to use bitcoin and another cryptocurrency for Better thing and honestly ways .
Well here everyone is intelligent and also knows that in which way we should use and also in these days every country is looking to make better rules and not going to ban bitcoin at any condition Because they can ban but can't stop people to use bitcoin .

erickkyut

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Re: If bitcoin has enemy (except altcoin) what is it?

September 24, 2017, 01:40:51 AM

#112

Right now I think it is the government who are against Bitcoin. They are doing anything they could to make Bitcoin go down. They don't like it because they have no control over it and tey cannot get from it. Aside from them, the bashers of Bitcoin are also its enemy. They keep on telling that Bitcoin is a FUD or SCAM. They are just bitter because they can see a lot of people who are changing their lifestyle because of Bitcoin.

zarados

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Re: If bitcoin has enemy (except altcoin) what is it?

September 24, 2017, 01:52:11 AM

#113

Quote from: MarkAvatar on September 03, 2017, 03:34:47 PM

You can tell me anything what's bitcoin worst enemy is...

Mine is, government!

I cant say that the government are the main enemy for bitcoin. Though there's a group of government who support it in many ways. There will be no legalization in country without governments take place in it. In case of china, the governments are view bitcoin as a threat to economic crime. So I thought perhaps the altcoin is the main threat for bitcoin, not governments. And I also looking a bank as the bitcoin enemy because I've heard that they already declare a war againts cryptocurrency.

Nerman

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Re: If bitcoin has enemy (except altcoin) what is it?

September 24, 2017, 02:03:59 AM

#114

I truly believe that the government is the number one enemy of not just Bitcoin but all cryptocurrency. As we see on China they have banned ICO and right now the market have recovered. But what if all government follows China our coins will be considered on the black market.

Next enemy are scammers, they take advantage of people who are not yet familiar with Bitcoins.

if you are just a new investor and you have invested with a scammer and lose all your money then you will believe Dimon that Bitcoin is a fraud and lose interest or hate Bitcoin.

Polonium

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Re: If bitcoin has enemy (except altcoin) what is it?

September 24, 2017, 03:04:07 AM

#115

The ultimate enemy for bitcoin will definitely the central bank which bitcoin is designed to topple. Bitcoin is designed to replace the current system of currency which the banks are part of, so they would definitely do whatever it takes to stop bitcoin advances to maintain the status quo. The question is how long.

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crypto4lambo

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Re: If bitcoin has enemy (except altcoin) what is it?

September 24, 2017, 03:35:28 AM

#116

As for me, bitcoin's worst enemy is the bank or any financial institutions who regulate fiat currency. They can't control it.It will be a real threat for them if bitcoin will dominate the financial market. Less money for them, more freedom for the users. But as the saying goes, Be close to your friends, but closer to your enemies. Let us see what will they do to deal with it.

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Re: If bitcoin has enemy (except altcoin) what is it?

September 24, 2017, 03:55:43 AM

#117

Altcoins don't even qualify as the enemy of Bitcoin. They have far few users and acceptability to qualify as the enemy of Bitcoin. IMO, the real enemy of the Bitcoin is the central banks and the government authorities. They have the power to greatly harm the adoption and expansion of Bitcoin. What happened in China recently is a perfect example for this.

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Re: If bitcoin has enemy (except altcoin) what is it?

September 24, 2017, 03:58:05 AM

#118

INTERNET AND ELECTRICITY Roll Eyes

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Re: If bitcoin has enemy (except altcoin) what is it?

September 24, 2017, 04:04:42 AM

#119

Quote from: Bizrenz on September 24, 2017, 03:58:05 AM

INTERNET AND ELECTRICITY Roll Eyes

LOL. totally TRUE that's Stronger Enemies Grin

without internet you cant earn bitcoin and without electricity you cant connect to internet.

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Re: If bitcoin has enemy (except altcoin) what is it?

September 24, 2017, 04:51:22 AM

#120

Quote from: MarkAvatar on September 03, 2017, 03:34:47 PM

You can tell me anything what's bitcoin worst enemy is...

Mine is, government!

Haha.. Jamie Dimon from JP Morgan... I think Bitcoin will have to cross many hurdles and challenges..
And these resistance will come from the Banks and Governments Alike:
Banks because Bitcoin is an parallel currency will be in direct competition to the fiat
Government because of the Decentralized and Private Nature of Bitcoin transaction.. They will have a had time tracking tractions and taxation will be difficult

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