Could Governments & Banks manipulate the price like this?

BitcoinMarketer39

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Quote from: Ikay on July 18, 2018, 06:03:27 PM

I don't think that governments and banks can manipulate the bitcoins price because government didn't have access of bitcoin even china the most many people around the world they didn't in touch of bitcoin because of that but banks and government can up higher the price of bitcoin if they promote it by their self and get it in stable price.

The only thing that a bank and government can do is to create fud or fake news in order to lessen the market price of cryptocurrency or make it grow even more.

Ikay

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I don't think that governments and banks can manipulate the bitcoins price because government didn't have access of bitcoin even china the most many people around the world they didn't in touch of bitcoin because of that but banks and government can up higher the price of bitcoin if they promote it by their self and get it in stable price.

BitcoinFX

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https://youtu.be/DsAVx0u9Cw4 ... Dr. WHO < KLF

Let's not forget the corporations in all of this - after all the corporation is a Psyco Path ...

The Corporation - Full Movie
- https://youtu.be/xHrhqtY2khc

...

Example - case in point ...

Citadel CEO Says Bitcoin Is Still a ‘Head Scratcher,’ Tells Young Generation to Stay Away
- https://cointelegraph.com/news/citadel-ceo-says-bitcoin-is-still-a-head-scratcher-tells-young-generation-to-stay-away

“There’s no need for cryptocurrencies. They’re a solution in search of a problem.”

...

I know, bitcoin is really complex, right! ... What kind of future do you want? ...

- https://youtu.be/KgzQuE1pR1w

LuciferEveningStar

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Quote from: Kakmakr on June 24, 2018, 01:45:18 AM

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. Huh

They can only print a few Billions more to execute this strategy and this will go unnoticed, because it is toilet paper money. Tongue

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. Roll Eyes

In my own opinion, government cannot manipulate the price of cryptocurrency because it will always depending on the people if they will invest even more then the price will grow due to high demand.

BitcoinFX

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BIS Chief Bashes Cryptocurrency Again in Scathing Review of Its ‘Failure’ as Money
EDIT:
- https://www.coindesk.com/bis-chief-says-stop-trying-to-create-money-in-new-crypto-critique/
- https://cointelegraph.com/news/bis-chief-bashes-cryptocurrency-again-in-scathing-review-of-its-failure-as-money

Hiring ...
The Internet of Money: Five Years Later
- https://youtu.be/6xIq0FdmsIA

Firing ...
- https://www.zerohedge.com/news/2018-05-08/purge-expands-deutsche-bank-planning-fire-20-us-workers

...

- https://youtu.be/q4P3pvKmbsg - Hitchhikers Guide - Marvin waits millennia getting depressed

- https://youtu.be/sw9wMH62h7I - Governing People Huh

BitcoinFX

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Galactic Tax Hole
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BitcoinFX

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https://youtu.be/DsAVx0u9Cw4 ... Dr. WHO < KLF

~ Nope. Bitcoin manipulation is clearly impossible and unlikely. Banks cannot and do not manipulate entire countries ...

Hotspots: Greece (1/2)
https://youtu.be/bISfaVkszo0

Hotspots: Greece - (2/2)
https://youtu.be/LnsWEXqhd7M

BitcoinFX

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** This post is satire **

FAKE NEWS !!! FAKE NEWS !!! It's all just FAKE NEWS !!! - SWIM

Soros: Facebook & Google manipulate users like gambling companies
https://youtu.be/zltbyo-TDyc

Nigel Farage unveils George Soros corruption with EU
https://youtu.be/Y6uCGuVXBwo

...

NSFW - Vic Mensa - U Mad ft. Kanye West - NSFW
- https://youtu.be/fP8FMdVcCQQ

"Like I don't owe nobody"? , "Oh, you mad huh"?
- https://en.wikipedia.org/wiki/Citizen's_dividend ?

BitcoinFX

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Quote from: Kakmakr on July 03, 2018, 12:42:25 AM

Quote from: BitcoinFX on July 01, 2018, 05:33:42 AM

Bitcoin, Gold-Backed Currency Can Coexist in Free Society: Ron Paul
- https://www.ccn.com/bitcoin-gold-backed-currency-can-coexist-in-free-society-ron-paul/

I.O.U.S.A.: Byte-Sized - The 30 Minute Version
- https://www.youtube.com/watch?v=O_TjBNjc9Bo

- https://en.wikipedia.org/wiki/National_debt_of_the_United_States
- https://en.wikipedia.org/wiki/Government_debt
- https://en.wikipedia.org/wiki/National_debt_of_China
- https://en.wikipedia.org/wiki/Causes_of_the_European_debt_crisis

Money vs Currency - Hidden Secrets Of Money Ep 1 - Mike Maloney
- https://youtu.be/DyV0OfU3-FU
Seven Stages Of Empire - Hidden Secrets Of Money Ep 2 - Mike Maloney
- https://youtu.be/EdSq5H7awi8
Death Of The US Dollar On A Timeline - Hidden Secrets Of Money Ep 3- Mike Maloney
- https://youtu.be/y-IemeM-Ado
The Biggest Scam In The History Of Mankind - Hidden Secrets of Money 4
- https://youtu.be/iFDe5kUUyT0
Where Does Money Come From? - Hidden Secrets Of Money Ep 5 - Mike Maloney
- https://youtu.be/OQWMd_NPSBA
Top 4 Reasons For Deflation BEFORE Hyperinflation - Hidden Secrets Of Money 6 (Mike Maloney)
- https://youtu.be/8GP87dgTqF8
The Money Illusion - Hidden Secrets Of Money 7 - Mike Maloney
- https://youtu.be/P4_1pwsm5LY
The Bitcoin Revolution (Documentary) Hidden Secrets Of Money Ep 8
- https://youtu.be/SF362xxcfdk

Ah, Thank you for the valued contribution to this discussion and the good resources that you linked too. I think once we dig a little deeper into this, we will see that this is not just a conspiracy theory, but rather an accurate reflection of what is going on at the moment.

I gave you 1 sMerit for the constructive resources that you provided to this discussion. Wink

Lots of people are saying the same things - the effects can be seen throughout the world, reflected by the current socio-economic climate ...

kangen riko

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People continue to make speculation and blame each other, as if by looking for the cause the value of bitcoin can rise again. Pumps can be done by anyone who has a lot of money and people always identify that whales are price breakers. Just like us, whales also trade, also want a profit and they have the right to sell their bitcoin for profit.

ParadoxXx

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I read about this hypothesis by the end of 2017 when bitcoin start to fall, and i'm sure of one thing: if the so called establishment, banks or the state find threatened by some currency, digital or not, actions will be taken in order to supress it. And like mentioned, its just print some more billions.

nickwen

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If the government and the bank control bitcoin prices then I think bitcoin and the crypto market will never be manipulated. Because the government will probably manage to keep the bitcoin prices stable

coinwizard_

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I think it is unlikely that banks and governments will work together, especially across borders. If anyone wishes to do this the governments would ask their secret services department to break bitcoin and they will then find a way to do this.

billsted86

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Governments can not manipulate or control the price of bitcoin. If The holders or investors are more and more and the demand will increase in the market can so the price depends on how many investors invest bitcoin.

RasicaOla12

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I am afraid that the government and the bank will not act because they are state regulators that they want the market to be stable and they want good things to happen to people and their country.

Yatsan

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Quote from: Kakmakr on June 24, 2018, 01:45:18 AM

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. Huh

They can only print a few Billions more to execute this strategy and this will go unnoticed, because it is toilet paper money. Tongue

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. Roll Eyes

Probably of the government was holding a huge value of bitcoin they can manipulate the value of it, but if they do that it may seems that they uses money for nothing. They can't manipulate the bitcoin itself or the cryptocurrency because it is the technology who runs it not some person, even hackers can't interfere to the said currency, but the government can poison investors mind. Moreover investors that are afraid to take risk are not edible to be investor so the crypo world needed an investors who are willing to wait.

soltantgris

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Quote from: avadonne on July 02, 2018, 08:13:03 AM

It can be. Because the government can use their money to buy Bitcoin and play it on the crypto exchange. Since the owners are not being shown in public, they can buy and sell Bitcoin without notice by the public. Banks also can play it, they all have the resources. So this is possible.

I agree with you because they have a lot of money. But if to look at European countries, the government's are controlled by people, so they can do their things. The reason for that banks can do it. They hello closed system of payments and control of money.

Darklinkz

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I know that in some way they have succeeded and sometimes they don't. But this drastic fall that we are experiencing for almost half a year is because of them. A normal market would go down but it will also go up between months and not just a complete bearish dominating the market.

Ankhang2016

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If prices have only increased and there is no reduction then it is not the market. The manipulators are the ones who benefit from them

Kakmakr

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Quote from: BitcoinFX on July 01, 2018, 05:33:42 AM

Bitcoin, Gold-Backed Currency Can Coexist in Free Society: Ron Paul
- https://www.ccn.com/bitcoin-gold-backed-currency-can-coexist-in-free-society-ron-paul/

I.O.U.S.A.: Byte-Sized - The 30 Minute Version
- https://www.youtube.com/watch?v=O_TjBNjc9Bo

- https://en.wikipedia.org/wiki/National_debt_of_the_United_States
- https://en.wikipedia.org/wiki/Government_debt
- https://en.wikipedia.org/wiki/National_debt_of_China
- https://en.wikipedia.org/wiki/Causes_of_the_European_debt_crisis

Money vs Currency - Hidden Secrets Of Money Ep 1 - Mike Maloney
- https://youtu.be/DyV0OfU3-FU
Seven Stages Of Empire - Hidden Secrets Of Money Ep 2 - Mike Maloney
- https://youtu.be/EdSq5H7awi8
Death Of The US Dollar On A Timeline - Hidden Secrets Of Money Ep 3- Mike Maloney
- https://youtu.be/y-IemeM-Ado
The Biggest Scam In The History Of Mankind - Hidden Secrets of Money 4
- https://youtu.be/iFDe5kUUyT0
Where Does Money Come From? - Hidden Secrets Of Money Ep 5 - Mike Maloney
- https://youtu.be/OQWMd_NPSBA
Top 4 Reasons For Deflation BEFORE Hyperinflation - Hidden Secrets Of Money 6 (Mike Maloney)
- https://youtu.be/8GP87dgTqF8
The Money Illusion - Hidden Secrets Of Money 7 - Mike Maloney
- https://youtu.be/P4_1pwsm5LY
The Bitcoin Revolution (Documentary) Hidden Secrets Of Money Ep 8
- https://youtu.be/SF362xxcfdk

Ah, Thank you for the valued contribution to this discussion and the good resources that you linked too. I think once we dig a little deeper into this, we will see that this is not just a conspiracy theory, but rather an accurate reflection of what is going on at the moment.

I gave you 1 sMerit for the constructive resources that you provided to this discussion. Wink

Moiyah

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If we just have to sort things out, thingking widely over this issues. This is quite true and will agree with. I, sometimes be under review about who actually manipulates the market. Somehow, when I watched the news covering bitcoin, governments vs cryotocurrencies adoptation or banned, it made me think about the governments behind the price effect.

I cannot understand why some do not agree with this but for me, it has something that makes sense if you can just look at the whole picture of it.

lamcouz

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factually, bitcoin will not be banned. On the contrary, cryptocurrencies will be accepted worldwide. But for a very high price: governments will regulate and cryptocurrencies will no longer be decentralized.

BitBite5

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Quote from: avadonne on July 02, 2018, 08:13:03 AM

It can be. Because the government can use their money to buy Bitcoin and play it on the crypto exchange. Since the owners are not being shown in public, they can buy and sell Bitcoin without notice by the public. Banks also can play it, they all have the resources. So this is possible.

It's possible but I don't think it's very likely. This sounds more like a conspiracy theory to me than a real scenario.
The role of governements and banks in the crypto world is exaggarated and you can ask a question why would any bank or governement spend much of their resources for such manipulation activities and what is their actual use of that?

Oasisman

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Quote from: syaripudin on July 02, 2018, 08:09:13 AM

Quote from: Kakmakr on June 24, 2018, 01:45:18 AM

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. Huh

They can only print a few Billions more to execute this strategy and this will go unnoticed, because it is toilet paper money. Tongue

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. Roll Eyes

although what you say makes sense but there is not a strong enough proof that the decline in botcoin prices is caused by the intervention of the government and the bank. I think this is happening because purely from declining market demand this may be caused by the many negative news about bitcoin that is often heard.

Government and banks could be a huge factor in price movement and even manipulation, but basically, price movements are caused by declining market demand as you said, and this is because of the people who dump their alts and bitcoin. As much as I want to believe that whales cannot manipulate the prices, but it is actually happening in the market today.

Dswaggers

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Quote from: Sevarchik on June 24, 2018, 02:28:42 AM

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

Government can't be manipulate the price of bitcoin because they not athorize to change or to be involve in price of bitcoin.And I think it difficult to manipulate the price of bitcoin because its decentralized and have some high technology to protect their system.

avadonne

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It can be. Because the government can use their money to buy Bitcoin and play it on the crypto exchange. Since the owners are not being shown in public, they can buy and sell Bitcoin without notice by the public. Banks also can play it, they all have the resources. So this is possible.

syaripudin

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Quote from: Kakmakr on June 24, 2018, 01:45:18 AM

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. Huh

They can only print a few Billions more to execute this strategy and this will go unnoticed, because it is toilet paper money. Tongue

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. Roll Eyes

although what you say makes sense but there is not a strong enough proof that the decline in botcoin prices is caused by the intervention of the government and the bank. I think this is happening because purely from declining market demand this may be caused by the many negative news about bitcoin that is often heard.

Doterti

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Quote from: BitcoinFX on July 02, 2018, 07:04:01 AM

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This issue is very helpful to the society because for me that it gives information and awareness to those who are into it to the bitcoin or in this industry and with that I think for now the government can't manipulate because many who are facilitating in this industry to avoid conflict.

BitcoinFX

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DEF CON 18 - Moxie Marlinspike - Changing Threats To Privacy
- https://youtu.be/DoeNbZlxfUM?t=17m

Ronald J Deibert at TEDxToronto
- https://youtu.be/yAJ6BtZDhUk

MainIbem

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You have presented a wonderful perspective to this bitcoin and market situation. But it leaves so many questions. Which bank will be doing this? How long will they continue to suppress this phenomenon? I see bitcoin and blockchain as a phenomenon. Now that volumes are drying up, what other tactics will they bring? And can all lovers of bitcoin come together to counter this move, supposing it is true?

Maiscoinyelo

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Quote from: Kakmakr on June 24, 2018, 01:45:18 AM

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. Huh

They can only print a few Billions more to execute this strategy and this will go unnoticed, because it is toilet paper money. Tongue

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. Roll Eyes

For me, I think governments and banks can not manipulate the bitcoin price because bitcoin is decentralized so how can they manipulate the price. And also governments and banks are afraid of bitcoin because they can not do anything with bitcoin so how can they manipulate the price?

BitcoinFX

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MISERICORDAE PROJECT

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Quote from: Kakmakr on June 24, 2018, 01:45:18 AM

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. Huh

They can only print a few Billions more to execute this strategy and this will go unnoticed, because it is toilet paper money. Tongue

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. Roll Eyes

This assumption cannot be ruled out as the cause of falling Bitcoin price. It is also important to take into account the fact that Bitmain, the manufacturer of ASICs, controls more than 65% of total Bitcoin's pooling hashrates (directly & through pool networks) which generate bitcoins and therefore can have stockpiles of bitcoins to influence market pricing.

BitcoinFX

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Crazy, right!

- http://www.znakovi-vremena.net/en/illuminati.htm

"There are three main factions of the Illuminati: Rothschilds faction, Rockefeller faction, and the Jesuit faction.
Rothschilds control Europe, Canada and the U.S. Democratic Party, the Rockefellers control the U.S., especially the Republicans, and the Middle East, while the Jesuits are in charge for the rest of the world. In the beginning, not to be mistake, all three factions operate in coordination.

Rothschilds, the Jews who financed Hitler, are ideologically inclined left, they support atheism, the Gnostics. Soros is their pawn.
There is nothing wrong with the left ideas, but let's look at Italian Prime Minister Monti and former Greek Prime Minister Papademos. Or another quasi-leftist, French President Hollande. Everyone are Bilderbergers, and everyone are resigned vassals of the Rothschilds.

How to identify vassals?
They push for the privatization of everything that normal society would never privatize; they are in favor for austerity measures, for the abolition of workers rights, dismissal of workers. They resignedly worship criminal banking system. They do not question the justification of the attack on Libya. They accept the official version of the 911, they accept deception in the form of "global warming" and "carbon tax". They accept vaccinations with poisoned vaccines. They devotionaly worship the idea of the EU, which is horribly orwellian creation. They accept "Agenda 21", which is too obvious orwellian plan under the auspices of the United Nations. They push for GMO foods, proved to be dangerous.

Rockefellers act on the Christian platform, although they have with Christianity the same as the Rothschilds with the Gnostics. These are Nazi bullies who aims to bombard all non-white nations. In a strange symbiosis together with Israel, which is a private country of the Rothschilds, they are fighting against Muslims. Among other things, their duty is to prevent the development of science and technology.

Jesuits are behind the killings of many leftist politicians in South America and Africa, and behind establishment of the military junta. Jesuits murdered Russian Tsar Nicholas II Romanov and put Lenin. They are also responsible for killing over 200 Japanese politicians. Jesuits also control China. However, in recent time the politicians of China and Japan are increasingly encouraged to disobedience. Although the Rothschilds are cheifs on the physical level, Jesuits are still superior to them. Even their Black Pope, Jesuit General, have above himself Grey Pope, one of the Ptolemaic Papal bloodline, who operate from the etheric level. But, by recent channeled information, this figure is removed from this planet since 2010.

God of the Illuminati is neither Christ nor Satan, or Lucifer. Their God is the material world. Fear, based on a tight mind awareness, they seek to alleviate by mad desire for control and domination. Anyone who tries to ajar that tight mind awareness towards the infinite consciousness - which is our true nature - for them is a mortal enemy. Intellect is the God of the Illuminati, and the love for them is something completely unknown.

The Illuminati are not at risk. They always control both sides. In 2004 Republican Party candidate George W. Bush defeated Democratic Party candidate John Kerry. Each candidate was initiated into Skull and Bones Illuminati secret society.
In every country in Europe the Illuminati control left and right political wings, there is no exception.

And finally, for the Illuminati plan to be successfully carried out, it is necessary to convince people that they are lazy, incompetent and thieves. Although there is only a small percentage of these, but by the Illuminati's dominance over the media, all media are unanimously working to convinced us in our laziness, corruption and incompetence."

...

Clearly, no regard for true democratic process or for the will of the people?

- Soros Calls Trump Administration a 'Danger to the World'
- https://youtu.be/ux-_UdJyzJo

shackleford

full member

Activity: 281

Merit: 100

Quote from: Kakmakr on June 24, 2018, 01:45:18 AM

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. Huh

They can only print a few Billions more to execute this strategy and this will go unnoticed, because it is toilet paper money. Tongue

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. Roll Eyes

I really liked your point of view. I agree with you that the banks could manipulate the price of bitcoin. Everyone knows that there are banks that have bought currency exchanges and they tried to influence the situation with bitcoins last year. Created a stir with the price and bots raised the price to buy and sell.

dungthuy

newbie

Activity: 224

Merit: 0

I think Government's movement of regulation somehow could affect the price of crypto currency but about manipulate I don't think it is possible because the crypto currency is defined as a decentralize currency, if the government can manipulate it then that make it no sense

richpham

newbie

Activity: 80

Merit: 0

But what is our solution here? Do you have any plans for the upcoming?

Gramna

member

Activity: 197

Merit: 16

Possible. I know that with how much Bitcoin has affected their businesses and kick backs, they would stop at nothing to destroy it, without looking bad in the public's eyes of course. It would be no surprise if they are one of those we call "whales" those who tries to manipulate or control the market, they are doing that so the people would lose trust and interest because of the low or downtrend value. Unfortunately for them, there are some people in the community who knows better, those who cannot be swayed by FUDs or downward trend, if we will all be strong and unite as one in believing in Bitcoin, its technology and future, I am sure this devious plan of this whales will not succeed at all.

Kakmakr

legendary

Activity: 3542

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Leading Crypto Sports Betting & Casino Platform

Quote from: WARlrus on July 02, 2018, 01:28:20 AM

wow! that's amazing! I am very interested with your point of view. I always ask my self about the situtation now and I have the answer from you. So, if your idea is right, what can we do now? When does the market recover?

The answer is simple. Wink

DO NOT fall into their trap, by selling coins and exiting the scene, because this is what they want. Stay strong and hoard about 80% of all the coins you have bought. The other 20% of your coins must be used on a daily basis to support the merchants that are supporting Bitcoin payments.

When you go shopping, ask the clerk if they accept Bitcoin as payment. < Even if they do not advertise it, because it creates Bitcoin awareness > If every Bitcoiner does that, then merchants will see that there are a demand for that. < Do this for services that are provided online too >

Spread as much information as possible to people who does not know about Bitcoin.

DO NOT vote for a political party that does not support Bitcoin. Your collective vote can influence the future of Crypto currencies. Wink

Burogh

member

Activity: 644

Merit: 10

COVIR.IO

We already knew that central banks not like with cryptocurrency and bitcoin. Bitcoin can disrupting banks bussiness and they will do anything to stop bitcoin growth. Bitcoin price falling recently, i think its because peoples panic with negative news and selling their bitcoin with cheap price.
Indeed, we should keep faith on bitcoin because bitcoin is good long term investment

WARlrus

member

Activity: 110

Merit: 10

wow! that's amazing! I am very interested with your point of view. I always ask my self about the situtation now and I have the answer from you. So, if your idea is right, what can we do now? When does the market recover?

richardsNY

legendary

Activity: 1232

Merit: 1091

Quote from: taiwww on July 01, 2018, 04:01:43 AM

I guess same thing can reverse in case if the government involves with the crypto. I guess that is positive manipulation of bitcoin! What do you think!

Indeed. Manipulation works both ways. We have already seen that government officials in South Korea have been abusing their position to shake up the market, and it didn't even surprise me. I have always had the feeling that there is government level manipulation going on, and that just confirmed it. We have also had the central bank of Poland try to make crypto look bad by financially sponsoring social media characters to cause confusion and fear. It only points out that what we believe in makes the traditional system feel uncomfortable, and when you realize that, you understand how much power we have with Bitcoin.

WaffleMaster

hero member

Activity: 966

Merit: 546

It's been a theory of mine that that is exactly what has been happening for some time in this bear market, because wall street has opened up futures trading on Bitcoin recently. There's no real proof, but those same people will get terribly burned when they have margin calls because Bitcoin is so volatile. The price can effect interest to a certain degree, but nothing really major. If interest drops too low, then it becomes very easy to manipulate the market in a positive way.

cpoer2011

full member

Activity: 560

Merit: 108

I think there are many players that manipulate the bitcoin price like this, not just the governments and banks. They are doing this because they threaten with bitcoin and altcoins with the blockchain behind it.

isabuhay

newbie

Activity: 27

Merit: 0

These information were juicy. This helps me a lot. Thank you guys

Swanh

newbie

Activity: 138

Merit: 0

Quote from: Kakmakr on June 24, 2018, 01:45:18 AM

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. Huh

They can only print a few Billions more to execute this strategy and this will go unnoticed, because it is toilet paper money. Tongue

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. Roll Eyes

Partially governments can impose several restrictions in order to regulate it's use through controlling exchanges and making red lines that shouldn't be surpassed by Bitcoin users inside the state ,but I think they will find some difficulties because, practically Bitcoin is a decentralised money transferring technology.

BitcoinFX

legendary

Activity: 2646

Merit: 1722

https://youtu.be/DsAVx0u9Cw4 ... Dr. WHO < KLF

Bitcoin, Gold-Backed Currency Can Coexist in Free Society: Ron Paul
- https://www.ccn.com/bitcoin-gold-backed-currency-can-coexist-in-free-society-ron-paul/

I.O.U.S.A.: Byte-Sized - The 30 Minute Version
- https://www.youtube.com/watch?v=O_TjBNjc9Bo

- https://en.wikipedia.org/wiki/National_debt_of_the_United_States
- https://en.wikipedia.org/wiki/Government_debt
- https://en.wikipedia.org/wiki/National_debt_of_China
- https://en.wikipedia.org/wiki/Causes_of_the_European_debt_crisis

Money vs Currency - Hidden Secrets Of Money Ep 1 - Mike Maloney
- https://youtu.be/DyV0OfU3-FU
Seven Stages Of Empire - Hidden Secrets Of Money Ep 2 - Mike Maloney
- https://youtu.be/EdSq5H7awi8
Death Of The US Dollar On A Timeline - Hidden Secrets Of Money Ep 3- Mike Maloney
- https://youtu.be/y-IemeM-Ado
The Biggest Scam In The History Of Mankind - Hidden Secrets of Money 4
- https://youtu.be/iFDe5kUUyT0
Where Does Money Come From? - Hidden Secrets Of Money Ep 5 - Mike Maloney
- https://youtu.be/OQWMd_NPSBA
Top 4 Reasons For Deflation BEFORE Hyperinflation - Hidden Secrets Of Money 6 (Mike Maloney)
- https://youtu.be/8GP87dgTqF8
The Money Illusion - Hidden Secrets Of Money 7 - Mike Maloney
- https://youtu.be/P4_1pwsm5LY
The Bitcoin Revolution (Documentary) Hidden Secrets Of Money Ep 8
- https://youtu.be/SF362xxcfdk

colkcolk

jr. member

Activity: 128

Merit: 1

Hmm, interesting topic dude. I just do a trial for a simple math. 1 BTC ~ 6000 USD. Current circulating is around 16 million, so it can be converted into USD: 16.10^6 x 6.10^3 = 96.10^9 (USD 96 billion). This figure is not much referring to the richest man around the world, top 10 rich man around the world such as Jeff Bezos, Bill Gates, Mark Zuckerberg until Larry Ellison collected they have fund around USD 747 billion. So bitcoin just less than 15% of their funds, I can't believe all governments are scared with this bitcoin fund around the world. Better data from Forbes, Bill Gate money will be in similar amount to Bitcoin circulating funds that is around USD 90 billion, check this link: https://www.cbsnews.com/news/forbes-2018-list-of-worlds-billionaires/.
Bitcoin fund are spread around the world, so it is not a big money for a government. Why are governments so busy to take care bitcoins holder money rather than those top rich people?

I prefer to think that some of those top rich people are entering this crypto world and they are making some situation for their own benefit in their business. I think this is more reasonable, to take advantage of the business.

taiwww

sr. member

Activity: 588

Merit: 257

I guess this topic can be best explained with an example that is going on right now. The event in the India where Reserve Bank of India stated that they will be abandoning the crypto to INR withdrawals and thus no more crypto currencies in India led to panic attack in India and all the exchanger suffered from this leading to the price manipulation all the way down to -2000 USD price change in a single day! I guess this is what happens whenever the government publishes something negative about the crypto's.
I guess same thing can reverse in case if the government involves with the crypto. I guess that is positive manipulation of bitcoin! What do you think!

Kakmakr

legendary

Activity: 3542

Merit: 1965

Leading Crypto Sports Betting & Casino Platform

Quote from: Dudeperfect on June 30, 2018, 08:54:50 AM

Well, it is true that governments cannot destroy Bitcoin as a technology but the government can definitely pressurize the users and this industry indirectly using the platforms like banks. However, the best way to deal with this situation is to build mass awareness about the technology where the users won't have to rely on the third party for the information. As the users, we can always spend our crypto coins without relying on others.

That would be the ultimate goal, not to deal with third parties and not to deal with fiat conversion. The only problem is that we should have mass adoption on both consumer and merchant sides. The government will definitely be involved and the attacks will not stop, but it will become unstoppable, once we get to a level where multiple countries have mass adoption.

You can then pick and choose, where you want to spend and earn your bitcoins, even if it is banned in your country. Wink

Dudeperfect

hero member

Activity: 1190

Merit: 534

Well, it is true that governments cannot destroy Bitcoin as a technology but the government can definitely pressurize the users and this industry indirectly using the platforms like banks. However, the best way to deal with this situation is to build mass awareness about the technology where the users won't have to rely on the third party for the information. As the users, we can always spend our crypto coins without relying on others.

BitcoinFX

legendary

Activity: 2646

Merit: 1722

https://youtu.be/DsAVx0u9Cw4 ... Dr. WHO < KLF

Then the better question to ask is perhaps ... "Could Governments & Banks (and markets) stabilize the price like this?".

Seemingly not - Because they would rather try to stabilize their 'To Big to fail' - https://en.wikipedia.org/wiki/Too_big_to_fail - 'Zombie' - https://en.wikipedia.org/wiki/Zombie_bank - institutions.

...

True Austerity is when you apply a weighted (tax) model to redress the balance between the rich and poor in society.

- https://en.wikipedia.org/wiki/Austerity

You cannot fix the 'problem' by continuing to tax everyone the same, and then simply allow the 'money' to flow back to the very institutions which caused the situation in the first place. That is false austerity.

...

Did Satoshi in fact warn us all from day 1 ?

- https://www.thetimes.co.uk/article/chancellor-alistair-darling-on-brink-of-second-bailout-for-banks-n9l382mn62h

...

Truth, Knowledge and Blockchain.

bachus

member

Activity: 226

Merit: 10

I think any person who has the significant amount of any cryptocurrency, can affect the price of it by selling or buying a great amount and the market is fluctuating reacting by those things happening,

bettercrypto

sr. member

Activity: 1498

Merit: 271

DGbet.fun - Crypto Sportsbook

I don't think that there is a manipulation in the side of the government when it comes to the price. But I think the officials are always make a way to invest their money without any risks. Some corrupt government officials might also exchange their money to cryptocurrency in order to hide their assets. However, it will become possible to them to manipulate the market since they are also rich people due to the fact the most of the are corrupt.

dutchkay

full member

Activity: 434

Merit: 100

From what i can see you said what if meaning your just taking a wild guess. Too many assumptions from different individual because bitcoin is falling. Believe me we will still see another assumption crazier than yours. You are just trying to justify the bitcoin fall i get it, so we are all looking for who to put the blame and take the fall. Bitcoin will never keep going up and market tends to retrace and its natural. Many things contributed to this fall and banks are not even close.

BitcoinFX

legendary

Activity: 2646

Merit: 1722

https://youtu.be/DsAVx0u9Cw4 ... Dr. WHO < KLF

Quote from: BitcoinFX on June 24, 2018, 07:25:21 AM

...

So, Satoshi created decentralized cryptographic commodity-money for the internet based on solid principals of scarcity and finite value i.e. like real bits of gold.

Governments (and Banks) ended the Bretton Woods system - https://en.wikipedia.org/wiki/Bretton_Woods_system - on 15 August 1971 rendering the dollar a fiat currency, essentially backed by 'nothing'.

- Zeitgeist Addendum (HD) Part I - Federal Reserve - https://youtu.be/S0pQNkX8jLM

- The Monetary System Visually Explained - https://youtu.be/aXiNZWJKnVI

...

- https://cointelegraph.com/news/report-central-bank-digital-currency-could-provide-stability-but-crypto-is-too-volatile

It's only when you know that failed monetary policy within heavily centralized institutions is largely what causes price instability and volatility across global markets in the first place, that this report becomes hilarious.

Truly autonomous and decentralized systems (and free markets) do not require this problematic centralized approach.

Now calculate the volatility for swapping an Apple for an Orange. Oh, wait you need currency to do this, right?

- https://en.wikipedia.org/wiki/Swap_(finance)

... cash flows is determined by an uncertain variable such as a floating interest rate, foreign exchange rate, equity price, or commodity price.

The Apple is a commodity. The Orange is a commodity. The only thing that creates volatility are the mechanism's of centralized control and the games played with them.

levvv

member

Activity: 532

Merit: 17

Kakmakr

legendary

Activity: 3542

Merit: 1965

Leading Crypto Sports Betting & Casino Platform

Quote from: BitcoinFX on June 24, 2018, 02:03:03 PM

Let me put this into some perspective ...

The slush fund of some three letter agencies is said to be well in excess of trillions of dollars. That alone is a lot more than Bitcoin's highest market capitalization. If you can't 'kill' a robust decentralized financial technology, the easy option is to manipulate the price.

Remember that this is potentially about ownership of the commodity. It is a zero sum game in terms of the markets. They don't care if you win or lose. I think the worst factor of this is that any manipulation is potentially made simpler when the BTC price is higher.

Remember : First they take it away from you, then they sell it back to you.

or

Buy, Buy, Buy Bitcoin, then Bye Bye Bitcoin ?

...

The OP's assertion is therefore valid and the answer is yes (considering all other price factors, actors, variables etc.,)

Excellent. This is what I was looking for, someone that can see the bigger picture. I would just change this part, " First they take it away from you, then they sell it back to you." and replace it with " First they will take it away from you at a low price and then sell it back to you at a high price."

To rinse and repeat this strategy, they have to buy low and dump it at a higher amount than what they bought it at. Their actions is just the trigger for the "hype" and then the "panic" reaction in the market, when they dump again. Roll Eyes

BitcoinFX

legendary

Activity: 2646

Merit: 1722

https://youtu.be/DsAVx0u9Cw4 ... Dr. WHO < KLF

Let me put this into some perspective ...

The slush fund of some three letter agencies is said to be well in excess of trillions of dollars. That alone is a lot more than Bitcoin's highest market capitalization. If you can't 'kill' a robust decentralized financial technology, the easy option is to manipulate the price.

Remember that this is potentially about ownership of the commodity. It is a zero sum game in terms of the markets. They don't care if you win or lose. I think the worst factor of this is that any manipulation is potentially made simpler when the BTC price is higher.

Remember : First they take it away from you, then they sell it back to you.

or

Buy, Buy, Buy Bitcoin, then Bye Bye Bitcoin ?

...

The OP's assertion is therefore valid and the answer is yes (considering all other price factors, actors, variables etc.,)

Vart4varta

member

Activity: 238

Merit: 10

There is no transparency in this market, everything should go public in the securities market. In the world of crypto currency it is very difficult to understand what is happening at all.

AK47-

sr. member

Activity: 644

Merit: 250

I simply don't believe in this theory. Banks would never put such a huge amount of money in something to just dump it off. That would be mere stupidity. There are tons of other way to stop people from investing if countries seriously put some strict regulations at place. Price is being manipulated by the whales and exchanges itself. There is no link between price manipulation and banks. Volume is so low that it have become easy for whales to manipulate price. When big financial firms are ready to enter the market, I don't think they won't know any bank relation with this dump before investing.

farosa

full member

Activity: 506

Merit: 101

1 & 0 😏

I think the same as you. Because governments can not do anything in this matter, they can only effect from the edge. The best way to do this is to panic the people.
But, we know that some governments support the cryptocurrency, and if the governments want to end Bitcoin, why do some still support it?
Maybe it is a money game the governments play against people.

hacker1001101001

sr. member

Activity: 1288

Merit: 415

I think bitcoin community is very widespread around the world and many people have gained faith and intrest in bitcoin and they are using it as a currency in many ways. Most of the people use bitcoin as a investment but they are now turning to use it as a digital currency and in future, it will surely become a global currency. Due to the huge intrest of peoples all around the world, it is very difficult for any government or bank to affect the price of bitcoin.

Nosequired

newbie

Activity: 12

Merit: 0

Yeah I believe they can. Stories about whales aside (could be both, who knows), they could have a bunch of people privately messing around with the tides for them. What people more capable of doing this than the banks themselves who is the center of cash flow in the world?

BitcoinFX

legendary

Activity: 2646

Merit: 1722

https://youtu.be/DsAVx0u9Cw4 ... Dr. WHO < KLF

Quote from: BitcoinFX on June 24, 2018, 07:25:21 AM

JPMorgan CEO Jamie Dimon: I Could Care Less About Bitcoin | CNBC
- https://youtu.be/40OuVyVGdIM?t=1m40s
"... this is not even a technological statement ..."

and in other news ... 'I really don't care. Do U?'.

...

So, Satoshi created decentralized cryptographic commodity-money for the internet based on solid principals of scarcity and finite value i.e. like real bits of gold.

Governments (and Banks) ended the Bretton Woods system - https://en.wikipedia.org/wiki/Bretton_Woods_system - on 15 August 1971 rendering the dollar a fiat currency, essentially backed by 'nothing'.

- Zeitgeist Addendum (HD) Part I - Federal Reserve - https://youtu.be/S0pQNkX8jLM

- The Monetary System Visually Explained - https://youtu.be/aXiNZWJKnVI

...

- https://youtu.be/A7TuFy0fcuw - The proudhon song (bitcoin is a bubble) !?! Cool

I thought it important to further clarify the disparity of their 'illusion' (or perhaps it's just a misunderstanding?) ...

FIAT currency is backed by 'nothing' (except central bank bonds and debt) and is effectively created out of thin-air. Pieces of paper have little intrinsic value! FIAT currency is therefore Representative Money (at best) - https://en.wikipedia.org/wiki/Representative_money - "Representative money is any medium of exchange that represents something of value, but has little or no value of its own (intrinsic value)."

- What does "I promise to pay the bearer a sum of" mean? - https://www.quora.com/What-does-I-promise-to-pay-the-bearer-a-sum-of-mean

Bitcoin is backed by cryptographic function and the issuance is finite within the prescribed rule set. Take a piece of paper and write your private key on it. Now hold this intrinsic value in your hand!
Bitcoin is therefore a Commodity Money - https://en.wikipedia.org/wiki/Commodity_money and the commodity is Math - "Commodity money is money whose value comes from a commodity of which it is made. Commodity money consists of objects that have value in themselves (intrinsic value) as well as value in their use as money."

...

- https://cointelegraph.com/news/tulips-bubbles-obituaries-peering-through-the-fud-about-crypto

This common misrepresentation of intrinsic value is very disturbing. They are literally trying to tell you that their Representative Money is in fact a Commodity Money - clearly FIAT has not been a Commodity Money since 15 August 1971.

BitcoinFX

legendary

Activity: 2646

Merit: 1722

https://youtu.be/DsAVx0u9Cw4 ... Dr. WHO < KLF

In broad global economic terms, it might be argued that Bitcoin has in fact become a replacement 'safety net', for what was the Bretton Woods system.

One wonders if; (1) Bitcoin is an 'accident' of design through necessity? or (2) Bitcoin is an intentionally designed fail safe (beta!), running in parallel to a 'known-to-be-broken' financial system (insert conspiracy theories here)? or (3) Elements of both?

...

Either way, what would appear to be a massive price manipulation does seem to be indicative of classic bait and switch tactics by 'Big Players'. Hell, one could even utilize coins from the fork of a parallel chain for leverage instead of BTC ! Roll Eyes

...

I do know one thing; True wealth equality is the last bastion of all humanity.

- "You will not have peace until I will not have the money!" - https://en.wikipedia.org/wiki/Luther_Blissett_(nom_de_plume) Cheesy

What is becoming increasingly clear is that the folks who really pull the strings, seemingly don't care about us or for true democratic process ...

"Permit me to issue and control the money of a nation, and I care not who makes its laws. - Mayer Amschel Rothschild.

- https://youtu.be/fregObNcHC8 ?

gabmen

hero member

Activity: 1246

Merit: 529

CryptoTalk.Org - Get Paid for every Post!

Quote from: Kotone on June 24, 2018, 05:38:20 AM

Quote from: BitcoinFX on June 24, 2018, 05:34:49 AM

Quote from: Sevarchik on June 24, 2018, 02:28:42 AM

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

"They" wouldn't require large Bitcoin holdings to achieve this ... only an unlimited amount of FIAT currency to buy and sell BTC with ... and perhaps the assistance of some 'sheeple' investors - following the mass media effects ...

... Dance, dance, dance to the distortion !

i hate to admit it. but there are times that i've been thinking about this thing. about the controlling and manipulating of the price of the bitcoin by the government. not only in their country but in the market and in this industry. we got be thankful because the other government freedthe bitcoin to around in our country but the negative effect of it they. regulated the entering of the bitcoin and also , they control the price of it in the market. for me, beside the government there are people who rich was partner by the government.

Well manipulation isn't limited to simply selling a lot of btc by whales through pump and dumps. Spreading negative rumors and news can be considered as manipulation as well causing people to panic and sell. And i think that's well happening right now

Kprawn

legendary

Activity: 1904

Merit: 1074

Damn,

This is a good observation, but the problem is that most people would disregard this as pure conspiracy theories, because this

is close to impossible to prove. Governments will not get away with this, because they are accountable to the tax payers, and

if this ever leaked out, they would lose a lot of voters. I can imagine that Banks might be involved with this type of

manipulation or one of the industries that are currently being disrupted. Front companies for MoneyGram/Western Union etc.

Kudos for making this connection, because it totally make sense to me. Wink

BitcoinFX

legendary

Activity: 2646

Merit: 1722

https://youtu.be/DsAVx0u9Cw4 ... Dr. WHO < KLF

JPMorgan CEO Jamie Dimon: I Could Care Less About Bitcoin | CNBC
- https://youtu.be/40OuVyVGdIM?t=1m40s
"... this is not even a technological statement ..."

and in other news ... 'I really don't care. Do U?'.

...

So, Satoshi created decentralized cryptographic commodity-money for the internet based on solid principals of scarcity and finite value i.e. like real bits of gold.

Governments (and Banks) ended the Bretton Woods system - https://en.wikipedia.org/wiki/Bretton_Woods_system - on 15 August 1971 rendering the dollar a fiat currency, essentially backed by 'nothing'.

- Zeitgeist Addendum (HD) Part I - Federal Reserve - https://youtu.be/S0pQNkX8jLM

- The Monetary System Visually Explained - https://youtu.be/aXiNZWJKnVI

...

- https://youtu.be/A7TuFy0fcuw - The proudhon song (bitcoin is a bubble) !?! Cool

Kotone

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Quote from: BitcoinFX on June 24, 2018, 05:34:49 AM

Quote from: Sevarchik on June 24, 2018, 02:28:42 AM

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

"They" wouldn't require large Bitcoin holdings to achieve this ... only an unlimited amount of FIAT currency to buy and sell BTC with ... and perhaps the assistance of some 'sheeple' investors - following the mass media effects ...

... Dance, dance, dance to the distortion !

i hate to admit it. but there are times that i've been thinking about this thing. about the controlling and manipulating of the price of the bitcoin by the government. not only in their country but in the market and in this industry. we got be thankful because the other government freedthe bitcoin to around in our country but the negative effect of it they. regulated the entering of the bitcoin and also , they control the price of it in the market. for me, beside the government there are people who rich was partner by the government.

BitcoinFX

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https://youtu.be/DsAVx0u9Cw4 ... Dr. WHO < KLF

Quote from: Sevarchik on June 24, 2018, 02:28:42 AM

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

"They" wouldn't require large Bitcoin holdings to achieve this ... only an unlimited amount of FIAT currency to buy and sell BTC with ... and perhaps the assistance of some 'sheeple' investors - following the mass media effects ...

... Dance, dance, dance to the distortion ! - https://youtu.be/Um7pMggPnug

19nataliya12

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ON THE ACCOUNT OF BANKS I CAN NOT SAY THAT, AND THERE IS ON THE ACCOUNT OF GOVERNMENTS. AS ONLY THEY DECIDE TO PROHIBIT OR LIMIT IN ACTIVITIES MINING SO IT IS IMMEDIATELY REFLECTED ON THE COURSE, BUT THIS IS EVERYTHING BEFORE TIME, SOON THE LITTLE IS GOING TO THE FINAL STAGE OF THE SETTLEMENT OF THE STATE OF THE STATE AND THEN YOU WILL NOT HAVE ANY IMPACT ON IT!

kok jujung

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can be true, this pricing strategy can be regulated by the largest bitcoin shareholder investors to enjoy big profits later, the government can also do what they want

hase0278

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Quote from: jeffthebaker on June 24, 2018, 02:55:46 AM

Governments, however, are likely not doing this because they stand to gain from cryptocurrency.

Governments sure are interested in the technology behind crypto (blockchain tech) but some of them are NOT REALLY INTERESTED INTO BITCOIN AND CRYPTO probably because of decentralization. Nevertheless, I don't see them wasting tax payer's money to do something as stupid as price manipulation. If they are really manipulating bitcoin price behind the scenes, there are only a few countries that I can think of doing this.

Kakmakr

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chillitabit

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ahmad21

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Governments can be absolutely manipulative when it comes to their own ego. And bitcoin n other cryptos have had government on their toes. Such kind of manipulative tactics used by the government, the way OP describes is seen to be putting most drastic impact on the prices of the bitcoin. Actually the governments can use various ways to manipulate the market prices. Governments are huge bodies that have vast powers to manipulate anything according to them. But the fall in the prices this year owes to many other reasons except for manipulations by the government.

lizardbtc

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jeffthebaker

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Sure- just like any major entity can influence any variable.

Governments, however, are likely not doing this because they stand to gain from cryptocurrency. Malta is going to see double digits GDP growth in 2018, Venezuela will be able to circumvent trade sanctions, France will lead major tech innovations. All of these advancements are happening through blockchain acceptance. Governments stand to be much bigger winners than fostering crypto businesses and activities than to try to squander the industry as a whole.

butka

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Quote from: Kakmakr on June 24, 2018, 02:40:37 AM

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. Angry

I believe this is exactly what Bitcoin needs: steady adoption despite the price fluctuations. It doesn't have to excel all the time. It only has to endure, while proving to the world over and over again that it is a secure, flawless decentralized payment system. So far, Bitcoin has managed to do that and grow. I don't see the road ahead being any easier, though. We are probably going to see even more attacks (open or covert) in the future.

Crypto11021

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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.

Kakmakr

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Quote from: friends1980 on June 24, 2018, 02:27:27 AM

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.

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. Angry

ejswift

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Sevarchik

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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

friends1980

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nutildah-III / NFT2021-04-01

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.

butka

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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.

Kakmakr

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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. Huh

They can only print a few Billions more to execute this strategy and this will go unnoticed, because it is toilet paper money. Tongue

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. Roll Eyes

Topic: Could Governments & Banks manipulate the price like this? (Read 601 times)