No chance it will really replace bitcoin, any attention is good news.

Ypu miss one important fact and that is most people have no idea how the monetary system is set up and why Bitcoin is different to say a government backed coin that you can print/make more of. I can see the news reports now saying this is the new safe digital currency, safe because we can control it not like Bitcoin which is too unstable etc etc.


I started a thread some time back to discuss what the authorities would probably do as Bitcoin becomes a threat. One of the obvious ones was for the government to make a fiat type coin they can control.....and here we are.


What's the saying if you can't beat them join them. Well they just did. Sorry if this sounds insulting but your point that it has positive influence on the price is like saying I want to make a few bucks but I don't care about the life my future children and family will live in.

With a strong support from the "creators" of this coin it would be harder to convert it into a pump & dump.

Don't worry about this upcoming altcoin by IBM. It's not going to be able to compete at all with bitcoin. It may explode for the first couple of weeks, then allowing IBM to make a profit.
Once they do, I suspect it's going to be a Pump and Dump from there onward. IBM is a company looking to make a profit wherever it can, just remember that.

Big government teaming up with big corporation!
Makes me want to run. Sorry Sir, I vote no and I'll stick to my BTC.

This is right the more they will try to knock and down grade bitcoin the more people will look and that is only good news because once they look i doubt they will be looking away back towards the government and its regulations. It is said a lot but i believe it all publicity is good publicity so let them do whatever they want and we just keep going

True, but there is a large number of people who don't belong to any particular crypto community at the moment. With enough resources and marketing, it's conceivable that a government or corporation with deep pockets will be able to amass a community equal to or greater in size than that of Bitcoin's or Dogecoin's. It could be the US Government or it could be IBM, or Facebook, or Apple, or an existing bank. Bitcoin has had a very early head start and is unlikely to be toppled anytime soon but with that being said, such a scenario is far from impossible.

Agree 100%
btw to main author, don't use caps its very hard to read

The community. Hahahahaha sorry that's a good one. So you think .000001 % or less of the world population will drive a new global currency.

Look if the FED implement a digital currency they can overnight make it tender alongside the dollar, kind of a digital version of it. To almost the entire world it will look smell and act like Bitcoin...so why wouldn't they just use it? Bitcoin will be made to seem like a dodgy old tech that was only used for drugs and isn't stable in price.


Why can't people see how much power the FED has if they want to pull this off? they print trillions of dollars, of they decided to make a trillion digital dollars alongside them they could...and your mothers will be using them within a week whether they know it or not. Don't forget the FED controls the banks. They can just give it out to them and then the banks provide digital currency accounts for customers, real easy spoon feed set ups they can download in a second onto their phone and computers. People will instatly feel the freedom that comes with using a digital currency but they won't care that there won't be a limited supply like Bitcoin.

People need to wake the fuck up on this forum.