/biz/ - Business & Finance

protip: it never will

I'm Roger Ver, long time Bitcoin advocate and investor. Today I'm at the Mt. Gox World Headquarters in Tokyo, Japan. I had a nice chat with Mt. Gox CEO Mark Karpeles about their current situation. He showed me multiple bank statements, as well as letters from banks and lawyers. I am sure that all the current withdrawal problems at Mt. Gox are being caused by the traditional banking system, not because of a lack of liquidity at Mt. Gox.

The traditional banking partners that Mt. Gox needs to work with are not able to keep up with the demands of the growing Bitcoin economy. The dozens of people who make up the Mt. Gox team are hard at work establishing additional banking partners that eventually will make dealing with Mt. Gox easier for all their customers around the world. For now, I hope everyone will continue working on Bitcoin projects that will help make the world a better place.

Jul 17, 2013
https://www.youtube.com/watch?v=UP1YsMlrfF0

>>9283064
It looks like they were holding a gun to his head

the sooner the better and with God and Roger on our side we will win.

>>9283029
Never

>>9283064
Roger, unplug your buttplug, please.

I wonder what would happen if bitcoin really did die...

>>9283116
More like holding a couple of grand in his face.

>>9283029
When it diverges in price from BCH by 6.6666666666666666% percent per day for six days.

>>9283252
BCH would just take over. Bitcoin didn't fail, core did, and the people who bought their bullshit.

>>9283029
never, just admit you are too late

>altcoins

>>9283696
You cashies are 100% delusional if you think that people (read: normies, mainstream money, institutional money, whales. You know, the people who actually keep the market afloat while you idiots trade your lunch money) will just switch over to something else with a Bitcoin name if Bitcoin were to fail. There is no way that that would happen, at least not for the next 5-10 years. I love how you cashies co-opted the Bitcoin name so that you could ride the coattails of its success, yet you somehow think you would be immune from the reverse if Bitcoin were to fail. Cashies truly are brainlets

The real answer is that *IF* Bitcoin were to fail, it would take the whole crypto market down with it, and it would take at least a decade to recover.

>>9284386
So much this.

Roger Ver, FakeSatoshi und bcash are just a cringefest at this point.

>>9284386

>When corecucks have run out of arguments and say the cryptomarket is 100% dependent on their shitcoin

>>9284458
You can greentext and image macro all you want, but to suggest otherwise is to simply ignore the reality of the present market.

BTC's market dominance has been well-documented. I'm not saying it's necessarily a good thing. I'm not even saying that it will always have the sort of dominance that is currently has, but now, in 2018, you are either ignorant or fooling yourself if you think the market doesn't currently depend on Bitcoin.

Why are people so against an untainted attempt at fulfilling Satoshi's Vision? Makes you wonder about their ulterior motives.

>>9283029
N E V E R
E
R

>>9283064
He was right about the fiat withdrawal problems. They went insolvent because they lost all the Bitcoin later, but that had nothing to do with the statement.

>>9284386
You may be right, but you fags will continue to fomo and trade your btc for bch. This is a slow process but will inevitably happen.

>>9284691
Wrong, they were already insolvent

>>9285112
>Inevitable
This is why you have already lost.

>>9283064
Not related to solvency.

>>9283252
THE KING IS DEAD
LONG LIVE THE KING

>>9284458
kek, saved

>>9284519
BTC dominance is down from 80% to 40% in a little over a year. Sure the market is pegged to BTC at the moment, but If Bitcoin was to fail it would be a fairly slow death, as we are seeing now, and certified shitcoins will be hit the hardest. Coins like Ethereum, Monero, Ripple and dare I say BCH are more than capable of recovering and thriving without BTC.

just imagine being so cucked that you've been tricked into buying a chink clone of bitcoin for the sole purpose of miner profit, when every early adopter got airdropped that same exact coin for free.

no wonder you guys are so desperate to spread the "truth" or you'll start to realize what you've done.

>>9285411
>its afraid

>>9284386
What you think will happen
> OH MY GOD THE ONE TRUE CHURCH HAS FALLEN WE MUST IMMEDIATELY STOP GOING TO ANY CHURCH AT ALL
What will actually happen.
> So those core fuckers were heretics all along eh? I knew it, didn't I say it sally? Tell em, can't fool me. I know the real mccoy when I sees it, I profited handsomely from the ignorance of the masses.
I'd wager even *you* will be spouting the above shit as vigorously as possible so you don't look like a complete moron with egg on your face who lost everything forever on a frozen chain.

>>9284519
> BTC's market dominance has been well-documented
Don't you mean the fall of BTC's market dominance?

BCore will soon be just another Saltcoin.

BTC is like the annoying Orange on Youtube.

It's a shit tier product, but it's one of the first successful implementations of said products. Being that it's the first, it has the charm of the masses behind it.

Normies barely understand how crypto works in the first place. They only care about it because of the money involved.

Do you have any idea how hard it will be to convince non-technical people to move into another coin?

Sure you have your "IM AN INVESTOR REE" tier people that buy into every shitcoin because they think it'll make money, but you have to convince powerful business entities (read "old people") that this emerging tech is worth a shot.

Bitcoin will continue to improve, at a slower rate than every other coin, but will continue to hold the market.

>>9283252

A million smug boomers

>>9285385
Ethereum Is not a coin.