What if all the exchanges are infiltrated by central banks and the price and trades shown to us are completely false?
They can do this because people are still so stupid that they don't actually withdraw their coins and dollars from the exchanges. They use exchange accounts as wallets as if they never learned anything from the Gox collapse.
What if the true price is somewhat reflected only in localbitcoins?
Localbitcoins is trading at 567$ while others are at 480$!!!
See it yourself: http://bitcoinity.org/markets/localbitcoins/USD
Why no arbitrage? Suspicious....
Topic: Fed. Reserve manipulating Bitcoin price? (Read 2262 times)
Central banks could CRASH the Bitcoin price simply by slowly accumulating BTC then dumping it all at once on the open market ...
Then why haven't they done so ...? Think about that for a few minutes, will you.
I don't know who did the Mt Gox accounts, but Laurel and Hardy could have done a better job.
gold can be manipulated easily because the same bar of gold is sold over and over.
a lot of people are (believe it or not) stupid enough to buy gold and leave it in a vault, only getting a paper claim on that gold.
Since the gold is often sitting for years or decades in the same vault, they can just resell the same gold and no-one is any wiser.
However, reselling the same bitcoin is pretty much impossible, as it's widely known rule #1 of bitcoin, if you don't own the private key you don't own the bitcoin.
a lot of people are (believe it or not) stupid enough to buy gold and leave it in a vault, only getting a paper claim on that gold.
Since the gold is often sitting for years or decades in the same vault, they can just resell the same gold and no-one is any wiser.
However, reselling the same bitcoin is pretty much impossible, as it's widely known rule #1 of bitcoin, if you don't own the private key you don't own the bitcoin.
Still people lost thousands, millions of USD in Mt. Gox because they trusted them with their Bitcoins. Their account showed a certain number of Bitcoins in their possession, but in reality Mt. Gox most likely didn't even possess those Bitcoins anymore! This is a fractional reserve and people effectively only got the "I owe you" paper slips, much like with the gold...
gold can be manipulated easily because the same bar of gold is sold over and over.
a lot of people are (believe it or not) stupid enough to buy gold and leave it in a vault, only getting a paper claim on that gold.
Since the gold is often sitting for years or decades in the same vault, they can just resell the same gold and no-one is any wiser.
However, reselling the same bitcoin is pretty much impossible, as it's widely known rule #1 of bitcoin, if you don't own the private key you don't own the bitcoin.
a lot of people are (believe it or not) stupid enough to buy gold and leave it in a vault, only getting a paper claim on that gold.
Since the gold is often sitting for years or decades in the same vault, they can just resell the same gold and no-one is any wiser.
However, reselling the same bitcoin is pretty much impossible, as it's widely known rule #1 of bitcoin, if you don't own the private key you don't own the bitcoin.
Still people lost thousands, millions of USD in Mt. Gox because they trusted them with their Bitcoins. Their account showed a certain number of Bitcoins in their possession, but in reality Mt. Gox most likely didn't even possess those Bitcoins anymore! This is a fractional reserve and people effectively only got the "I owe you" paper slips, much like with the gold...
Central banks could CRASH the Bitcoin price simply by slowly accumulating BTC then dumping it all at once on the open market ...
It would be fun if Central Banks try this and fail. This due to the fact that people buy the coins at the extremely low prices.
Effectively this would be a Central Bank committing suicide and surrendering to Bitcoin (POWER TO THE PEOPLE!!!)
With all the recent positive news concerning Bitcoin, especially the announcement of Braintree payments accepting BTC, I find it particularly odd that the price has remained steady ...
The Federal Reserve and central banks around the world have been manipulating the price of gold for half a century. Since bitcoin is a FAR SMALLER market than gold, it's no surprise they are manipulating the Bitcoin price as well ...
Central banks could CRASH the Bitcoin price simply by slowly accumulating BTC then dumping it all at once on the open market ...
The Federal Reserve and central banks around the world have been manipulating the price of gold for half a century. Since bitcoin is a FAR SMALLER market than gold, it's no surprise they are manipulating the Bitcoin price as well ...
Central banks could CRASH the Bitcoin price simply by slowly accumulating BTC then dumping it all at once on the open market ...
They are too busy fixing and destroying the current financial sector and the economy, they are oblivious to the bubbles getting bigger and bigger and they are just keeping pumping money like doing more of what didn't succeed will end up having a positive result
They are not too concern with Bitcoin
gold can be manipulated easily because the same bar of gold is sold over and over.
a lot of people are (believe it or not) stupid enough to buy gold and leave it in a vault, only getting a paper claim on that gold.
Since the gold is often sitting for years or decades in the same vault, they can just resell the same gold and no-one is any wiser.
However, reselling the same bitcoin is pretty much impossible, as it's widely known rule #1 of bitcoin, if you don't own the private key you don't own the bitcoin.
a lot of people are (believe it or not) stupid enough to buy gold and leave it in a vault, only getting a paper claim on that gold.
Since the gold is often sitting for years or decades in the same vault, they can just resell the same gold and no-one is any wiser.
However, reselling the same bitcoin is pretty much impossible, as it's widely known rule #1 of bitcoin, if you don't own the private key you don't own the bitcoin.
Yep this is the reason the federal reserve doesn't allow countries to see their gold.
It's been sold again basically making the Federal Reserve a Bernie Madoff like ponzi scheme.
P.S. If the US Government disagrees i'd like a tour of the vaults. And will retract this statement
gold can be manipulated easily because the same bar of gold is sold over and over.
a lot of people are (believe it or not) stupid enough to buy gold and leave it in a vault, only getting a paper claim on that gold.
Since the gold is often sitting for years or decades in the same vault, they can just resell the same gold and no-one is any wiser.
However, reselling the same bitcoin is pretty much impossible, as it's widely known rule #1 of bitcoin, if you don't own the private key you don't own the bitcoin.
a lot of people are (believe it or not) stupid enough to buy gold and leave it in a vault, only getting a paper claim on that gold.
Since the gold is often sitting for years or decades in the same vault, they can just resell the same gold and no-one is any wiser.
However, reselling the same bitcoin is pretty much impossible, as it's widely known rule #1 of bitcoin, if you don't own the private key you don't own the bitcoin.
I think the opposite is happening, that the NSA or CIA is getting funding from the fed to keep bitcoin propped up so their project doesn't fail.
The real market value of bitcoin is much lower than what it is trading for now.
The real market value of bitcoin is much lower than what it is trading for now.
I don't think so. I believe that they simply don't care about Bitcoin at this stage. It's (still) too small, and if they wanted to shut it down, they would have already done so. It would be interesting though, if they actually got invested in Bitcoin!
The price only went to it's all time high after the US government decided not to ban Bitcoin before last Christmas. Bitcoin must be like small change to them so I doubt they could be bothered manipulating the price.
why are people so upset about price movements.. what your mindset should be is this..
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
if your mind set is
price rise: i wish i bought sooner
price drop: i wish i sold sooner
then you are in the wrong game and should try another hobby
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
if your mind set is
price rise: i wish i bought sooner
price drop: i wish i sold sooner
then you are in the wrong game and should try another hobby
I disagree.
The only strategy is...
price drop: buy more
price rise: buy
FIFY
why are people so upset about price movements.. what your mindset should be is this..
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
if your mind set is
price rise: i wish i bought sooner
price drop: i wish i sold sooner
then you are in the wrong game and should try another hobby
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
if your mind set is
price rise: i wish i bought sooner
price drop: i wish i sold sooner
then you are in the wrong game and should try another hobby
I disagree.
The only strategy is...
price drop: buy
price rise: buy
Probably they are only testing the market but I can't wait for their spectacular coming...
I don't think so. I believe that they simply don't care about Bitcoin at this stage. It's (still) too small, and if they wanted to shut it down, they would have already done so. It would be interesting though, if they actually got invested in Bitcoin!
why are people so upset about price movements.. what your mindset should be is this..
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
if your mind set is
price rise: i wish i bought sooner
price drop: i wish i sold sooner
then you are in the wrong game and should try another hobby
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
if your mind set is
price rise: i wish i bought sooner
price drop: i wish i sold sooner
then you are in the wrong game and should try another hobby
Well... I agree that it is a buy time. But standing at 600, how do u know what's your next course of action. Buy/Sell ?
If you had done this when the price was fluctuating between 500 and 530 you could have made a loss when the price suddenly crashed to 465.
why are people so upset about price movements.. what your mindset should be is this..
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
if your mind set is
price rise: i wish i bought sooner
price drop: i wish i sold sooner
then you are in the wrong game and should try another hobby
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
if your mind set is
price rise: i wish i bought sooner
price drop: i wish i sold sooner
then you are in the wrong game and should try another hobby
Well... I agree that it is a buy time. But standing at 600, how do u know what's your next course of action. Buy/Sell ?
With all the recent positive news concerning Bitcoin, especially the announcement of Braintree payments accepting BTC, I find it particularly odd that the price has remained steady ...
The Federal Reserve and central banks around the world have been manipulating the price of gold for half a century. Since bitcoin is a FAR SMALLER market than gold, it's no surprise they are manipulating the Bitcoin price as well ...
Central banks could CRASH the Bitcoin price simply by slowly accumulating BTC then dumping it all at once on the open market ...
The Federal Reserve and central banks around the world have been manipulating the price of gold for half a century. Since bitcoin is a FAR SMALLER market than gold, it's no surprise they are manipulating the Bitcoin price as well ...
Central banks could CRASH the Bitcoin price simply by slowly accumulating BTC then dumping it all at once on the open market ...
This doesn't make any sense.
Isn't BTC understood to be a free market?
I'm not going to say it not possible or not happening. I'll just say I doubt the FED is focused on Bitcoin more then they are the Stock Market at this time. Maybe it's on their radar but I tend to believe their hands are full. These days people are paying much more attention to the FED then the past.
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
price rise: profit
price drop: buy cheap coins to profit later
How dare you publish my secret method! Now you have done it. You do not know who you are messing with. Prepared to be sued into yesterday now because I have both a patent and copyright on this method.
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