Topic: Could Governments & Banks manipulate the price like this? - page 5. (Read 573 times)
Nobody can kill Bitcoin now considering what Bitcoin has passed through untill now however manipulation of price of Bitcoin can be done by whale's in this game which can be banks, government and individual.
This is an interesting point of view, and I think you could be right.
However, they can kill the interest of LAMBO people, but we shouldn't care about them, since these are the guys who could possibly create value bubbles.
They cannot kill belief in decentralization and crypto / BTC. This community has grown from people who had and held BTC worth less than a dollar, based purely on their beliefs and idealism. No government rules will kill this, because these guys don't care about BTC's value, only about its concept.
However, they can kill the interest of LAMBO people, but we shouldn't care about them, since these are the guys who could possibly create value bubbles.
They cannot kill belief in decentralization and crypto / BTC. This community has grown from people who had and held BTC worth less than a dollar, based purely on their beliefs and idealism. No government rules will kill this, because these guys don't care about BTC's value, only about its concept.
This is exactly their goal, to stop Bitcoin from growing. They know they will not break the confidence of the true Bitcoiners and these people will Hodl on until the end. They are targeting the "Lambo hunters" that are pushing up the price and the demand for the coin. Once you kill the demand, then the technology will lose it's appeal in the public market.
Nobody in his right mind will invest in a commodity that are constantly losing value and that is exactly the market that they would want to create with this strategy.
I am sure that someone with big pockets are behind a strategy like this. Bitcoin is spreading day by day and we are constantly seeing good news about adoption and Bitcoin ATM's popping up everywhere and new Merchants accepting Bitcoin, but the price are not reflecting this. It is actually doing the exact opposite, which tells me that large scale manipulation is going on in the background.
Price can be manipulated only by big holders of btc, and if some of governments have big amount of btc they can do this
Other manipulations dont work there
Other manipulations dont work there
This is an interesting point of view, and I think you could be right.
However, they can kill the interest of LAMBO people, but we shouldn't care about them, since these are the guys who could possibly create value bubbles.
They cannot kill belief in decentralization and crypto / BTC. This community has grown from people who had and held BTC worth less than a dollar, based purely on their beliefs and idealism. No government rules will kill this, because these guys don't care about BTC's value, only about its concept.
However, they can kill the interest of LAMBO people, but we shouldn't care about them, since these are the guys who could possibly create value bubbles.
They cannot kill belief in decentralization and crypto / BTC. This community has grown from people who had and held BTC worth less than a dollar, based purely on their beliefs and idealism. No government rules will kill this, because these guys don't care about BTC's value, only about its concept.
I don't know if what you are describing is actually the reason why the price is falling, but it makes a lot of sense as a strategy employed by big investors. And, certainly, such market manipulations happen all the time. The behavior of the masses is well known to them: in essence, the masses buy when everyone's buying (during bullish market) and panic sell during bearish market. The big players wouldn't be big if they didn't know how to make money using this fact. But for us, as you said, hodling long term is the only viable strategy.
Let's consider this :
Governments cannot stop Bitcoin by stopping the technology, but they can kill the interest that people have in buying bitcoins. Could governments with the help of Banks, be behind this falling price?
Last year we saw a huge increase in the price and I was thinking that it could have been a collective buying strategy by Banks to buy a lot of coins for a synchronized dump in 2018.
If the Banks bought a lot of coins last year at the beginning of the spike from $1000 and they triggered a buying frenzy, then most of the more expensive coins would have been bought by the public. So they might just have bought coins to trick other investors into buying more coins.
So what is their goal? Their goal will be to break the demand for Crypto currencies and Bitcoin, by gradually dumping the cheap coins that they bought at the start of last year and pushing the price down.
They know investors will have bought at the higher end, say $10 000 to $19000 and these people would probably have lost money, when they started dumping in 2018. They saw that "demand" for Crypto currencies increased, when there is a constant increase in the price and they are now creating a constant decrease in the price to break people's confidence in the technology and also the demand for the coins.
They will obviously use untraceable methods to do this, because the Banks are helping to hide the origin of this money.
They can only print a few Billions more to execute this strategy and this will go unnoticed, because it is toilet paper money. 
This is the only logical reason why we are seeing a constant decrease in the price, in spite of all the good progress that we have made. It also explains the large spike in the price in 2017.
Hodl on guys and gals, do not be tricked by these cheap tactics. 
Governments cannot stop Bitcoin by stopping the technology, but they can kill the interest that people have in buying bitcoins. Could governments with the help of Banks, be behind this falling price?
Last year we saw a huge increase in the price and I was thinking that it could have been a collective buying strategy by Banks to buy a lot of coins for a synchronized dump in 2018.
If the Banks bought a lot of coins last year at the beginning of the spike from $1000 and they triggered a buying frenzy, then most of the more expensive coins would have been bought by the public. So they might just have bought coins to trick other investors into buying more coins.
So what is their goal? Their goal will be to break the demand for Crypto currencies and Bitcoin, by gradually dumping the cheap coins that they bought at the start of last year and pushing the price down.
They know investors will have bought at the higher end, say $10 000 to $19000 and these people would probably have lost money, when they started dumping in 2018. They saw that "demand" for Crypto currencies increased, when there is a constant increase in the price and they are now creating a constant decrease in the price to break people's confidence in the technology and also the demand for the coins.
They will obviously use untraceable methods to do this, because the Banks are helping to hide the origin of this money.
They can only print a few Billions more to execute this strategy and this will go unnoticed, because it is toilet paper money. This is the only logical reason why we are seeing a constant decrease in the price, in spite of all the good progress that we have made. It also explains the large spike in the price in 2017.
Hodl on guys and gals, do not be tricked by these cheap tactics.
Jump to: