It's dangerous to think that bankers kill crypto currency. Seems like they are trying to pull it down so thal we cannot benefit fom it. And with that, we'll definitely go against it for we want all this coins to give pleasure to us.
I do not think that it is so easy to do. Because the user of cryto currency is now increasing tremendously, no one can stop it. In modern time we can say that peole will give more preference to cryto currencies and so the use of fiat currency will gradually decrease. Because it is more easy to use bitcoin or any other altcoin for shopping and trading puroses as compare to fiat currency. 
Topic: Bankers are killing the cryptocurrency market (Read 958 times)
Banks in general control the level of prices. The hate towards bitcoins by bankers is acceptable since their work of nature is about regulation. Bitcoin is decentralized and unregulated therefore bankers are skeptical about its price. Furthermore, bankers are there to ensure the flow of money is safe and is working fine. They are also there for loan management. Bankers play a big role that people always gloss over.
It's dangerous to think that bankers kill crypto currency. Seems like they are trying to pull it down so thal we cannot benefit fom it. And with that, we'll definitely go against it for we want all this coins to give pleasure to us.
Don't panic.
Fluctuation like this is normal given that cryptocurrency is so volatile.
Fluctuation like this is normal given that cryptocurrency is so volatile.
i wouldnt be surprised if bankers soon lead the market. there is time for everything
And I would not be surprised if soon we learn the information that the biggest bankers are the richest cryptocurrency holders. They also invest money into altcoins and Bitcoins, and they earn much more than the average traders.
naturally the bank is afraid because if we keep the money in the bank every month must be cut our balance while in blockchain there is never any cuts unless we transact, so people will be attracted to the full blockchain in the bank.
That is true that banks are afraid but they their own startegies how to cope up with these. But at this point banks are trying to handle. For now they can't kill easily cryptocurrencies because many people prefers bitcoin as their job and cryptocurrencies as the formation of transaction. Aside from easy way to transact it is also an advantages for all.
How can it possibly be so? Apart from cryptocurrencies, there are a lot of other investment options like stocks, bonds, ETF's, derivatives, and many others which I'm simply not familiar with. It is said the whole derivatives market is mindbogglingly huge and estimated at over a quadrillion dollars. The whole cryptomarket with its cap around half a trillion dollars is simply minuscule beside these markets. But they didn't kill banks somehow, so why should crypto? Bitcoin and others aren't used as currencies anyway, so what real impact could they produce on the banking system?
Here you can see big Bitcoin is in comparison with other markets. The chart is somewhat dated, I know, but still:
But if im not mistaken, Central Bank of the Philippines announced that they acknowledge bitcoin as an investment. Banks has nothing to do with the manipulation of the bitcoins price nor killing the cryptocurrency market. Actually, they can add bitcoin on their investment list and they are the no. 1 qualified channnel of bitcoin exchanges around the world.
Bankers really need to protect their assets and they are experienced ones so they know what they are doing, They did it because they smell something will happen very worse or they call it a big bubble. Price of bitcoin and altcoins will increase soon as decrease is part of fluctuation and so the increase are coming for it. Let us just wait for another happenings its too early to predict and january is a moth of decreasing value of coins as i study it.
Finally, it is February now in which i heard lot of good bitcoin news and development around the world like South Korea will not ban digital currencies, The Netherlands will focus on digital currencies , Japan regulations to ensure stable Bitcoin and etc. But still the Bitcoin value is slow moving or looks like to consider no movement at all in the market. Is this still a price corrections or a market conspiracy in which the banks are behind of this crash?
I don't think that the bankers are the killers here because in fact, the cryptocurrencies are the killers here because they are killing the bankers slowly but surely which i agreed about because this is the time for the centralized people to get off from our economy and let us, the decentralized people be the superior because it is about being equal and not depending on those centralized organization.
It is unlikely that anyone is going to get destroyed, banks cannot destroy bitcoin, they must realize that bitcoin is resistant to any kind of control, but bitcoin cannot kill banks either they are too powerful and they are not going to lose everything they have fought for just because something better came along. naturally the bank is afraid because if we keep the money in the bank every month must be cut our balance while in blockchain there is never any cuts unless we transact, so people will be attracted to the full blockchain in the bank.
That is true that banks are afraid but they their own startegies how to cope up with these. But at this point banks are trying to handle. For now they can't kill easily cryptocurrencies because many people prefers bitcoin as their job and cryptocurrencies as the formation of transaction. Aside from easy way to transact it is also an advantages for all.
Look op, judging by your rank, i think that you have also been here for quite some time also. And if i am not mistaken, you should've already read a lot about not just bitcoins but also about most crypto currencies existing. And i honestly think that someone like you have at least looked at the history of cryptos at least once or twice on how they move every month of every year. Which is why i do not understand the reason for your worries. I mean, don't you see that this corrections are healthy for the world of crypto as a whole?
Unless, you can show things that prove your claim, i really wouldn't be worried. Instead, i would be happy since this is a great opportunity to invest amd gain more profits. Just sayin'.
Unless, you can show things that prove your claim, i really wouldn't be worried. Instead, i would be happy since this is a great opportunity to invest amd gain more profits. Just sayin'.
I dont think op did the research in the movement of cryptocurrency in the past years. As what i have seen is history repeating itself, having a dip in the first month of the year then rise in later part of the year. Though op has a point in his post but it did not justify on how banks manipulate the price of cryptos. To take control over it they need to buy a lot of coins and not just bitcoin to manipulate cryptocurrency.
If they can send it into oblivion, they don't need to buy any coins of any cryptocurrency. The bankers and the governments which are their puppets have enough resources to do essentially the same without buying anything. Buying coins would actually be counterproductive because that would mean accepting crypto. The governments can just ban it directly or if they can't, they can make it legal first and then regulate the hell out of it until no one uses it.
Bankers really need to protect their assets and they are experienced ones so they know what they are doing, They did it because they smell something will happen very worse or they call it a big bubble. Price of bitcoin and altcoins will increase soon as decrease is part of fluctuation and so the increase are coming for it. Let us just wait for another happenings its too early to predict and january is a moth of decreasing value of coins as i study it.
Well it was bound to happen today or tomorrow! The elite rich group don't want to give power to others and distribute powers to the commoners! They want everything to themselves and for obvious reasons would do everything in their power to stop the powers that may take away their wealth. Eventually I am sure they will use the blockchain technology and their own powerful mainstream media to deviate people from the actual areas to where they want people to be! Thus retaining their wealth and power 
I am sorry but this is how it is going to be for the remaining days of this planet 
I am sorry but this is how it is going to be for the remaining days of this planet naturally the bank is afraid because if we keep the money in the bank every month must be cut our balance while in blockchain there is never any cuts unless we transact, so people will be attracted to the full blockchain in the bank.
That is true that banks are afraid but they their own startegies how to cope up with these. But at this point banks are trying to handle. For now they can't kill easily cryptocurrencies because many people prefers bitcoin as their job and cryptocurrencies as the formation of transaction. Aside from easy way to transact it is also an advantages for all.
Bankers are just doing this to blackmail bitcoin and altcoins to force governments around the world ban cryptocurrencies.
Banks will always fight with cryptocurrencies because they lose the opportunity to make a profit. They do not make money on granting loans, they have no control over the flow of money. That's why they can not accept it.
Exactly, but it can't help them because already cryptocurrencies are ruling the world and already many companies are making the partnership with other vendors by paying them through the cryptocurrencies. Still, bankers are forcing the government to ban the cryptocurrencies.
It is expected that bankers would try spread FUD to the people because they can see that in the near future when they would not do anything to prevent it then their business would just crumble. They are trying to manipulate the market now by shorting in every possible bad news so that those people who are encouraged to invest would just back out and just let their money sit in the bank since they would think that it is not profitable to invest on it. When we watch television, the ones who are speaking or being invited to discuss about cryptocurrency are those who are just recently involved in it (familiar with Tai Lopez) and those bankers who just say every thing negative just to discourage others.
When you look at the history of crypto currencies you'll know that corrections are for the good health for crypto market. It is not always in a state of going up even other resources such as gold falls down. From your rank a senior member you should know, that the world of crypto currency is very volatile that's why it enables us to make profit from dips.
Unless you could show us that bankers are really behind all this then thanks to them we can buy cheap coins.
It is not that corrections are good or bad, corrections are necessary, many people think of corrections only as the price going down after a pump, but corrections happen in the other direction as well, when there is a dump most of the time it goes below the floor of the coin and after some time the price recovers, so corrections are necessary since the distortions of the market are eliminated through it. Unless you could show us that bankers are really behind all this then thanks to them we can buy cheap coins.
The truth is Bankers are really in trouble. They are so scared that someday fiat will be trash and people will jump to crypto currency. So some of them are paying a huge to make a hype that crypto market will crash. Some of them are so wise that they are investing Bitcoin. Look what JP Morgan did.
If not bankers, who would do such a thing?
What is happening right now is far beyond the whales.
PLEASE, TAKE A LOOK AT THE MARKET TODAY!
Bankers are just doing this to blackmail bitcoin and altcoins to force governments around the world ban cryptocurrencies.
What is happening right now is far beyond the whales.
PLEASE, TAKE A LOOK AT THE MARKET TODAY!
Bankers are just doing this to blackmail bitcoin and altcoins to force governments around the world ban cryptocurrencies.
If not bankers, who would do such a thing?
What is happening right now is far beyond the whales.
PLEASE, TAKE A LOOK AT THE MARKET TODAY!
Bankers are just doing this to blackmail bitcoin and altcoins to force governments around the world ban cryptocurrencies.
What is happening right now is far beyond the whales.
PLEASE, TAKE A LOOK AT THE MARKET TODAY!
Bankers are just doing this to blackmail bitcoin and altcoins to force governments around the world ban cryptocurrencies.
Sometimes I feel, what you say is the right thing.
But I have my own suspicions, other than bankers 'could it be The Global Elite' who did this? ...
Because as far as i know Elite Global is able to do everything including Cryptocurrency.
I mean The Global Elite is the world's No.1 richest person.
People think of Bill Gates, but it's just a target for distraction...while those who have REAL money can operate without being detected.
it's a pitty but it's real life. A NEW CRYPTOCURRENCY IS COMING AND CAN KILL BITCOIN.
The cryptocurrency was created by UBS, a Swiss global financial services company. The currency is based on Clearmatics Technologies‘ product to make financial markets more efficient. The purpose of the new virtual currency is to enable financial groups to pay each other and buy securities using a cryptocurrency, which can then be exchanged for cash directly in banks. This would reduce the need for traditional transfers. The cryptocurrency would be stored in a blockchain system and could be exchanged for different national currencies.
Maybe it’s best we stop blaming banks for the going down price of Bitcoin. I don’t think banks has anything to do with this. It is caused by people who are withdrawing their investments, and not banks. And for the new cryptocurrency that is coming, I’m not really sure how that is going to work 😇😇 but I’m very sure that Bitcoin will be able to compete. The cryptocurrency was created by UBS, a Swiss global financial services company. The currency is based on Clearmatics Technologies‘ product to make financial markets more efficient. The purpose of the new virtual currency is to enable financial groups to pay each other and buy securities using a cryptocurrency, which can then be exchanged for cash directly in banks. This would reduce the need for traditional transfers. The cryptocurrency would be stored in a blockchain system and could be exchanged for different national currencies.
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