Topic: Bankers are killing the cryptocurrency market - page 7. (Read 958 times)
If you are a banker you will agree that BITCOIN is not used because it threatens you as a banker, so people do not want to keep money in the bank, because they have their own wallet. They will not use the bank transfer service because they easily move their funds from their wallet to someone else's wallet. And you as a banker can not arbitrarily print money while BITCOIN the number is limited and no parties are arbitrarily printing. Obviously this is dangerous, more or less so assumed.
People make too much of a problem out of this market pull back. I too find that it's an extremely exaggerated market reaction, but it's still something that we shouldn't really be shocked about with no proper buy support.
I am sure that if there was more liquidity available, these panic sellers wouldn't be able to dump the price below the $10,000 mark. Let the market find out its bottom, and we'll be shooting up right after that.
If turns out that we have already reached the bottom, then the coming few days will be dedicated to people buying back. Fiat deposits posting in people's accounts will spark the buying process even more.
I am sure that if there was more liquidity available, these panic sellers wouldn't be able to dump the price below the $10,000 mark. Let the market find out its bottom, and we'll be shooting up right after that.
If turns out that we have already reached the bottom, then the coming few days will be dedicated to people buying back. Fiat deposits posting in people's accounts will spark the buying process even more.
it's not bank I think it's the government of different countries who decided to banned bitcoin exchanges that resulted to a huge drop in bitcoin demand that apparently affects the value of bitcoin. Another thing is that all other coins decreases in value which maybe a price correction but I am hoping this will recover soon and give a much higher price to all coins
Why do you say it is because of banks? Yes it is true that banks are making black propagandas against bitcoin but i dont think that is enough reason for cryptocurrency to fall right now. There must be some factors though, i am not good in cryptocurrency but i noticed that everytime bitcoin is fluctuating along with it other coins are also doing the same. But i am not sure with my opinion but i dont think it is because of banks.
As it's hard to track Bitcoin users, we can't say with sure if the banks are behind this big recent drop. I think that is unlikely, the only way they could cause a big problem like that would be by holding a large amount of coins and selling it in mass to scare investors, only negative propaganda wouldn't be enough.
The prices are already recovering themselves, so it was probably just more one strategy from traders to dump prices, buy again and pump over again. The question is, who are the traders?
Why do you say it is because of banks? Yes it is true that banks are making black propagandas against bitcoin but i dont think that is enough reason for cryptocurrency to fall right now. There must be some factors though, i am not good in cryptocurrency but i noticed that everytime bitcoin is fluctuating along with it other coins are also doing the same. But i am not sure with my opinion but i dont think it is because of banks.
Though I share the suspicion towards bankers, I don't think they have anything to do with the recent drop. It is more an effect of the recent FUDs plus the market in Europe with the EU dropping from a 3-year high. Or at least those are a factor. Only just seen this in the news earlier.
The most that bankers would probably do with bitcoin is to try to get a share of it.
of course, this has nothing to do with bankers. all this decline can be said reasonable because there is the impact of a drastic increase in late 2017. bankers are only those who want to take advantage of the fall in prices so that it can buy back when bitcoin down more deeply because of panic investors. The most that bankers would probably do with bitcoin is to try to get a share of it.
it is not the banks I guess. something is happening in the market but I don't think its because of banks though we know they are one of those you will really got affected of having crypto currencies in the market but I don't think they can make such move to dump the value of cryptos this low maybe there is a market enhancement or correction that is happening now but sooner I know this will recover and we will be having a much appreciated coins in due time
there are whales, in the market that trigger many other people to sell when they sell, first the fud and then the stop lost commands, this is going to return to normal very soon
What would be the consequence if Wall Street poured so much money on Bitcoin? I wonder if so much downpour of money led to the crash or maybe that too many investors are overwhelming the market that the market cannot take in so much.
Bankers has already continuing to waged war against bitcoin and crypto, but I don't know if they had a hand on the current market crash. This correction is deemed to happened, no need to over think what's the cause of all of this. Just don't get worried to much mate, its not good for your health. 
We have seen this kind of event before, bitcoin crashed, bitcoin rebounded, bitcoin getting all time high. Rinse and Repeat.
The crash has something to do with the Asian market market. Some say its because of the Chinese New Year, China and South Korea banning everything crypto related. But as I have said, bitcoin's been there, done that already. Just have faith it in you will, and soon the price will many times, as we have witness in the past.
We have seen this kind of event before, bitcoin crashed, bitcoin rebounded, bitcoin getting all time high. Rinse and Repeat.
The crash has something to do with the Asian market market. Some say its because of the Chinese New Year, China and South Korea banning everything crypto related. But as I have said, bitcoin's been there, done that already. Just have faith it in you will, and soon the price will many times, as we have witness in the past.
I don't think so. Bankers and crypto exist at parallel world. Bankers - it's real money under local and global laws. Cripto - it's pseudo money. Everyone can start his crypto money. Why not?
Of course bankers - and governments - are trying to kill cryptocurrency market: they just realized that the situation is not under their control, and they are just reacting.
Btw, they can just create some difficulties, but they can't stop crypto: the only way is to shut down the net...
Btw, they can just create some difficulties, but they can't stop crypto: the only way is to shut down the net...
Nope. I do believe that whatever is happening is just because of two major bans currently that is China and Korea related. The whole world knows that in perfect sense and no one can change that fact. I don’t think bankers have to do anything about it really because they just don’t care about the decentralisation as it’s more unreliable according to them. We could have said that they are affecting it currently if crypots had to do anything with banking stuff. They all know how bitcoin is worst in case of transactions and transfers etc. so better to focus on our world of crypto in different way.
Though I share the suspicion towards bankers, I don't think they have anything to do with the recent drop. It is more an effect of the recent FUDs plus the market in Europe with the EU dropping from a 3-year high. Or at least those are a factor. Only just seen this in the news earlier.
The most that bankers would probably do with bitcoin is to try to get a share of it.
The most that bankers would probably do with bitcoin is to try to get a share of it.
Another conspiracy theory.
Bankers would probably be proud that you are giving to them such super powers to manuipulate the Bitcoi market but they have anything to do with Bitcoin price.
I suggest that you learn something more about cryptocurrencies.
Bankers would probably be proud that you are giving to them such super powers to manuipulate the Bitcoi market but they have anything to do with Bitcoin price.
I suggest that you learn something more about cryptocurrencies.
News of China banning bitcoin exchanges and Korean government banning bitcoin shacked the cryptocurrency market resulting in major fall downs in their prices. Banks are not killing the cryptocurrency market. Mostly all the major banks are governed and regulated by the governments of the respective countries. They want to restrict the growth of decentralised currencies. These governments don’t want to lose their hold on economies. So these governments with the help of banks banning bitcoin exchanges.
The main reason authorities banning crypto currency is to keep their currency value high always. If crypto value goes high obviously fiats value would go down and the banks will be in chaos. These are all inter related with the current issues and dump in altcoins value being in red. Few banks have tried creating its own crypto currencies and this is the indication of business men finding the best source to gain more profits from the sources available. Does not matter what business it is.
It is easy to blame others for their misfortunes. I agree that the bankers are afraid of cryptocurrency. They will do everything that the government has blocked the possibility of their use. But this is not enough. We are to blame for the fact that bitachon can not become a full-fledged currency. They all want to earn a lot of money and not think about the future. The main problem is the lack of agreement within the bitcoin community. When bitcoin will have the properties of the currency it will be impossible to deny.
100% Agreed. That is far beyond the whales. I also believe bankers are somehow involved in this fall, but cryptocurrency will rise a lot until the beginning of February/18. We will see...
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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.
Source: my imagination.
Very reliable source, oh yeah!
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'.
He just thinks like that and wants to persuade us about it just by looking at cmc. Don't believe everything you read on forums. I suppose this post will get many shitreplies: "Oh yeah! ****ing banksters!"
Nonsense. It's totally normal for bitcoin to drop like this. It has happened many, many times. Until we get down to $5000, it's barely even a crash.
Totally agree.
You can beat it to the dead but can't kill it, what doesn't kill you will make you stronger
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