Topic: Central Banks in the Bitcoin Markets? (Read 642 times)

God bless terrorists, drug dealers and money launderers

Yeah it'll settle at the price where an economics support it.  Without a bitcoin only market like silk road who knows where that would be.  Probably zero

The bubble burst 75% ago. But thanks for stopping by

Haha I know right?  Why not just go for the most simplest explanation.  That it is a speculative asset that bubbled and now the bubble is bursting as people are waking up from euphoria

No proof either I'd be amazed if they aren't manipulating bitcoin price at strategic moments. I think the timing of attacks on silk road and other dark web markets is also strategic and part of it..

>paradigm shift
>missing on the train [sic]
>bad grammar/spelling

Another batshit crazy bitcoiner.

could be any or all of the old businesses which will be replaced by bitcoin - mastercard, western union, banks, anything. pretty cheap and simple to wreak havoc now - ten million $, buying coins on OTC and then offloading at key price points, exploiting the fact that there is no market controls and no body to take financial countermeasures.

whatever it is, it's just a temporary problem with exchange rate, nothing else is affected. in fact, the network is growing at an amazing pace; attacking bitcoin through 51% is an order of magnitude harder now than price manipulation.

Price being pushed down so certain people with agendas can get in big time before mainstream consolidation. We'll see 100 easily. Big fortuness being too old to understand a paradigm shift and missing on the train, then creating a fictional second train so they can pick up a first class citizen ticket while peasants sell in panic. Classic scenareo.

It is certainly manipulation. The only real question is who.

This whole move has only required a few tens of thousands of coins, probably only two weeks supply.

Timed selling on a weekend to have most impact.

With all the attention that bitcoin gained in 2013 and the huge increase in merchant adoption in 2014, the bitcoin price really should be doing better than it is right now. We are currently skirting the bottom, worryingly close to an important long term support line, and each attempt at a breakout of the current price trend has been punished severely over recent months.

Given all of the evidence that has been gathered over the past 10 years or so on Precious Metals price suppression by the central banks and large investment banks, is it possible that they are now starting to turn their focus to financial repression in the bitcoin and altcoin markets? It doesn't require a huge amount of bitcoin to paint the charts, if the right moment is chosen in which to sell through a slew of bid orders. Governments have been seizing huge stashes of bitcoin from various criminal activities over the past few years. Could they have leased this to the central banks to carry out their same old tricks? Virtual currencies are now squarely in the targets of the central banks all around the world. If they didn't care about it 5 years ago, they certainly do now.

If the central banks are now in the game, then the resistance to the upside may be much much greater going forwards than it has been in the past. And it might explain the some of market price action. This is all pure speculation, which is why I have posted this thread in this subforum. I have done zero research and have no evidence for this whatsoever. But it is not a huge leap of the imagination, that something which poses such a significant threat to the existing monetary paradigm would face intense resistance from the financial hegemon.

Are we now starting to come face to face with the behemoth?

Thoughts? Comments?