How the bankers make billions with the Bitcoin crash.. this i want to discuss - page 2.

KingScorpio

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Quote from: ?? on ??

I think that bankers and some brokers have certain influence over the prices for crypto currency. They could make so that prices dropped down. There is also an opinion that all large banks are regulated by people in an organized way

banksters are idiots they constantly just gamble with money, its time to get rid of them, they certainly have rather caused bitcoins spike rather then the drop.

LeGaulois

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I answered earlier to a thread that contains a good video about it. If Bitcoin is really a shit asset, then why do they invest in Bitcoin, directly or indirectly? I am talking about banks (like JPMorgan did), institutions, and large investors.
And this is what they're doing, buying cheap coins and they will make a lot of profits with for the long run.

franky1

legendary

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what people dont realise is that the "bankers" are these guys
www.dcg.co/portfolio

what they are doing is behind the exchanges they control
EG
bitflyer changetip coinsetter
bitoasis circle genesis
bitpesa coinbase itbit
bitso coinhouse korbit
bitwala coinjar kraken
buda coins.ph luno
......and thats just half the alphabet

they are OTC trading using reserves behind many other platforms
EG
Altonomy, Atlantic Financial, Bitbank, Bitfinex, Bitmax, BitMEX, Bitso, BTCBOX, BTSE, Buull Exchange, DGroup, Coinone, Crypto Garage, GOPAX (operated by Streami), Korbit, L2B Global, OKCoin, The Rock Trading, SIX Digital Exchange, Unocoin, Xapo, XBTO, and Zaif.

to arbitrage coins and fiat between these exchanges using a blockstream service, a variant of LN called liquid

https://blockstream.com/2018/10/10/liquid-launch/

KingScorpio

sr. member

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Merit: 325

Quote from: cypher1992 on November 20, 2018, 01:58:10 PM

Hello everybody!

In the end, it was the bankers who pulled us over the barrel.

https://medium.com/@TokrexOrg_42680/how-the-bankers-make-billions-with-the-bitcoin-crash-d702be198471

Look at that..

the bankers are the big losers of the cryptoboom, they lose all their power.

cypher1992

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Quote from: bitbunnny on November 30, 2018, 02:58:53 PM

I'm not so convinced about that. This story about bankers and Bitcoin sounds more like a conspiracy theory to me. Bankers behind Bitcoin like a group of people who is controlling it - I'm not buying it. Some would even say that the latest price dump is bankers' fault.
I'm not saying that banks are not interested in Bitcoin and blockchain technology but their influence on the market and especialy the latest events is not such as some might imagine.

Interesting. When it comes to bankers, many people think they are angels. A suit and tie is everything you need to impress people. Let's quote yesterday's news paper "Deutsche Bank hit by second day of money laundering raids". No, no! Bankers never do something illegal. That's ironic

BTV2019

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Quote from: cetald on November 30, 2018, 01:31:22 PM

Quote from: cypher1992 on November 20, 2018, 01:58:10 PM

Hello everybody!

In the end, it was the bankers who pulled us over the barrel.

https://medium.com/@TokrexOrg_42680/how-the-bankers-make-billions-with-the-bitcoin-crash-d702be198471

Look at that..

Bankers earn, because they understand the laws of the market. They understand finance. And ignorant people lose money because of their ignorance and unwillingness to learn.

I do not agree that only bankers understand the laws of the market and finance.
"Let me manage the money of the country, and I do not care who creates its laws."

bitbunnny

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I'm not so convinced about that. This story about bankers and Bitcoin sounds more like a conspiracy theory to me. Bankers behind Bitcoin like a group of people who is controlling it - I'm not buying it. Some would even say that the latest price dump is bankers' fault.
I'm not saying that banks are not interested in Bitcoin and blockchain technology but their influence on the market and especialy the latest events is not such as some might imagine.

cryptone1

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They buy now at a very low price...

cetald

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Quote from: cypher1992 on November 20, 2018, 01:58:10 PM

Hello everybody!

In the end, it was the bankers who pulled us over the barrel.

https://medium.com/@TokrexOrg_42680/how-the-bankers-make-billions-with-the-bitcoin-crash-d702be198471

Look at that..

Bankers earn, because they understand the laws of the market. They understand finance. And ignorant people lose money because of their ignorance and unwillingness to learn.

Huskarls

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Quote from: BTV2019 on November 22, 2018, 05:11:05 PM

Quote from: kissme09 on November 22, 2018, 05:02:19 PM

You believe it collapses? Big banks around the world have their ways of doing things, and many banks are supporting anonymity in the Crypto industry. The market fell without any withdrawal. I believe this is a time of considerable investment.

Chaos is the highest degree of order ..... Therefore, there is nothing in business that is not controlled by a person or a group of people. Therefore, the idea that everything is happening now according to the laws of the market is a profound delusion.

I agree, now maybe if there are still those who say that bitcoin and the crypto market are not controlled by a group of people or groups and only markets that randomly know the ups and downs of prices, then we actually turn a blind eye, some people including me are still convinced that all there are those that control the market price, they make a statement as if the market doesn't know so people don't panic when they want to enter crypto, because if they find out there are people behind this crypto business, they will definitely stay away including big companies

tokrexOrg

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tokrex.org - high-frequency DEX

Thank you for discussing our article. Meanwhile, a Russian YouTuber has taken up the topic. Here is the link to his video:

https://www.youtube.com/watch?v=IuUZmMwGKE0&t=0s

Quote from: BTV2019 on November 28, 2018, 09:11:35 AM

The idea in the article is very interesting. Not meaningless. We need to think. It is a pity that now there are no real ideas about the possibility of a crypt from a strong third-party influence

We believe that there is a solution. The decentralized exchange. In our opinion, we are still about a year away until the decentralized exchange will prevail. Tokrex is working on a high-speed DEX with real-time cross-chain-swaps. Here is our BitcoinTalk thread:

https://bitcointalksearch.org/topic/annicopresale-tokrex-the-high-frequency-dex-revolution-5078085

Your support and your feedback are welcome. Currently, there is an AirDrop.

mensahkkofie

jr. member

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This was always expected when bitcoin crashed. I believe OTC market have always exploited traders since it is very difficult to trade your bitcoin for fiat currency through the various exchanges. One can also make enough profit through the escrow services but most of these escrow services mostly turn out to be scammers so in the end, the bankers always win.

BTV2019

newbie

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Quote from: Indamuck on November 28, 2018, 12:04:23 PM

The real owners of the banking system don't need to make money off bitcoin. They essentially have unlimited money because all they have to do is type numbers into a computer. The current monetary system in place has made people into slaves. As long as people are brainwashed into thinking the dollar has value it will be business as usual.

They do not put in the forefront the task of making money on Bitcoin. I think their goal is to control the process.
If you can't win - become a leader

Indamuck

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The real owners of the banking system don't need to make money off bitcoin. They essentially have unlimited money because all they have to do is type numbers into a computer. The current monetary system in place has made people into slaves. As long as people are brainwashed into thinking the dollar has value it will be business as usual.

timotron

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Trooper Founder & CEO

It remembers me to how some people shorted the big 2008 crash haha, I just hope the next bull run don't take ages to come :S

cabron

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https://www.betcoin.ag

If this is true then we can all play along too.

But the game wouldn't end in bitcoin, the cryptocurrencies will still be here to make banks irrelevant one day. Thier plan to destroy btc isn't going to succeed as long as there is blockchain. In any condition, blockchain will survive and this is why we see more ads of banks n TV these days.

BTV2019

newbie

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The idea in the article is very interesting. Not meaningless. We need to think. It is a pity that now there are no real ideas about the possibility of a crypt from a strong third-party influence

BTV2019

newbie

Activity: 28

Merit: 0

Bankers will never give up the money. They will always support the banking system, as it gives the opportunity to control and pressure. The crypt interests bankers not only as a source of additional profit. Having missed the crypt market, they risk losing some of their influence. Perhaps it is more scary for them than the loss of part of the profits.

bling-bling

full member

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Quote from: cypher1992 on November 20, 2018, 01:58:10 PM

Hello everybody!

In the end, it was the bankers who pulled us over the barrel.

https://medium.com/@TokrexOrg_42680/how-the-bankers-make-billions-with-the-bitcoin-crash-d702be198471

Look at that..

Bankers are the smartest con around and the banking institution is the best con system ever used! Banks have been playing the monetary system for almost three centuries. They have now directed their radar towards the cryptosystem as they have seen and realized its potential to generate massive profit. These bankers are the whales (along with their government puppets) and we are just ridin' the waves!

franky1

legendary

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Quote from: M4NDELL on November 22, 2018, 04:56:41 PM

I do not really believe in this story. The operations described here relate to operations with a high degree of risk, which means banks would be forced to form a reserve for them, and therefore double the financial burden. It’s another thing if we are talking about the owners of banking groups that operate with their personal assets, then it is quite possible.

risk is banks putting their funds into other companies which then play against customers funds.
the banks DO do OTC. they only use exchanges for smaller amounts.

the volumes of exchanges cant handle real OTC trade values

Topic: How the bankers make billions with the Bitcoin crash.. this i want to discuss - page 2. (Read 945 times)