Topic: What will governments do next to manipulate Bitcoin? (Read 539 times)

Well, the only method I can think of to actually make any sort of manipulation that they could even make a profit from is actually that doesn't require moves with money to manipulate, sure they need money for the profit part but the manipulation doesn't require any money at all.

If you are a big nation, just tell the world that you are considering banning bitcoin all together, and even have a public announcement that you want to meet other big world leaders on potentially banning or at least limiting very much with full government knowledge (like KYC but harsher) to even own bitcoins, that will drop the price a lot. Buy as many bitcoins as you can as government when the price is that low and continue to be harsh.

After a while when you have enough, tell everyone you changed your minds and you will allow bitcoiners to exist and also will support them, that will increase the price a lot. You can sell after this stage.

have i said about this? i have mentioned about the amount inside Crypto is enough to feed a third world country thats why they are eager to enter inside and take their piece of cake.
That is my clear statement and nothing else about what you are saying.

They need no money in pocket to manipulate the market and that is what they wanted to prove,they are the authority and everything is possible in their part though It is hard to do it inside crypto.

if they are rich enough why would they care for such bitcoin but even some poor or rich country do accept bitcoins too  .

 manipulation in a technincal side is more threatening than compare to a normal manipulation because price were only being affected but if its on a techy side they can destroy bitcoin literally making it obsolette  .  its hard to manipulate a market if there are many anti manipulators because the flow of the transactions will be the same or wont favor to the manipulator

   DoublerHunter some countries are financially strong and with a lot of money they can try to manipulate with crypto-market.
I don't know about manipulations from technical side, but if county is equipped and have good infrastructure with strong
computers maybe they can try to make some problems. I believe some countries tried this already, but if we are still alive and
decentralized probably they couldn't do much, and crypto-currencies are getting stronger, I believe it will be harder for them
to manipulate with crypto-markets in the future, or even impossible.
   

^ Definitely right, the decentralized asset of bitcoin it is impossible to the government manipulated bitcoin. But there are countries that classified as a bitcoin is fully restricted to their country but do you think this manipulation will not able to people accessing bitcoin? They can use a VPN if they want, even Trump nothing has to do in using bitcoin in the US. He wants to manipulate bitcoin and put it a tax. Nevertheless, I like the idea of other countries that trying to establish a legal framework for cryptocurrencies even though they know that this probably threaten when it comes as an investment asset.

Do you think they could have a branch on government to do something about crypto or is it like too small to care? I mean they have bunch of branches for everything, having one for crypto could be different and with all the tax they could get from tracking every single person and asking for tax could mean that it would be a government branch that actually profits as well and not cost money. If they do something like that, it could both manipulate bitcoin but also it could help you out as well.

So, would you prefer something that allows governments to manipulate bitcoin but can't control it (decentralized currency after all) but that would help you too, or would you want government to be out of it all together even if that means it would hurt you? I am not entirely sure but the reason why bitcoin was created was a bit of resistance towards current system so I would say latter would be better.

Could you specify what exactly have governments done against Bitcoin and which governments? When we talk like this I like to hear some concrete argumentes.
To my opinion all these stories about governments all around the world that are against Bitcoin and cryptocurrencies are exaggerated and almost sound like a witch hunt. Like Bitcoin users like to play victims and rebells but in fact the whole story about governments and Bitcoin could be put in.one word - regulation.

Or they are trying to search another way to manipulate bitcoin or spreads about the fake news related to bitcoin. We don't know what they already did because they will not tell the public, and they are using a secret way, which makes us guess. If they don't do anything and don't spread the negative side of bitcoin, I think that will be a good thing for bitcoin because that means bitcoin can spread among the people can use bitcoin without any worry of the government.

I don't know what are they thinking about cryptocurrencies.

Let's just use India for example. India is one of those countries that Bitcoin is now getting better. But their government is having thoughts about it. Now that they unbanned it, they are thinking to ban it again. We have no information about it now but let's hope they will reconsider that plan.

In my opinion, governments already have done everything that they could against bitcoin. So They don't have any way to down bitcoin again. Now if they are really interested about bitcoin & want to do something, then that will "Remove A Ban On Bitcoin & promote it". And That will be a good sign for bitcoin. Without this, they don't have anything to do

I doubt they are doing anything anymore. They probably gave up after they realized people couldnt care any less about what governments think.

There was a lot of bans and illegal laws and so forth whatever made when bitcoin first started because it was used on dark nets to buy drugs and all that, however people still continued, you can't stop people from using bitcoins at all. You can't trace a bitcoin to a person as long as they never shared their wallet address on a public place or bought it with KYC neither.

So, they wanted to destroy bitcoin but realized there is no way, so they joined. Nowadays I think governments are not after destroying bitcoin but they are after getting a piece of their own pie from it and make a profit of your profit as well.

These countries are "exotic" and I do not think that anyone seriously considers them as suitable for living.
As for sovereignty and jurisdictions, you are formally right, but in fact the United States controls global finances and those who fall under US sanctions are deprived of the opportunity to work with other countries since other countries are afraid of the corresponding sanctions.

With the "exception" contradicts your claim of "all countries".  Anyway, I think influence is much better word than Jurisdiction.  Each country have their own law, it maybe greatly influence by the US but the decision still belongs to that country.  Us cannot decide for my country on what to do or not. They may influence but the power to decide is still in my country.  Except if the case is related to US citizen and the crimes is done on the USA and the criminal is hiding here.  Same goes with Bitcoin and other cryptocurrency.

Governments are not trying to manipulate the prices, they simply don't want it to be existed because they are already making money so they have no reason to dump bitcoin after so much efforts to manipulate it, so this is done by the individuals with different strategies and some governments also helping those whales for shares in returns In my opinion.

I think that some meanings of word manipulation are being mixed
To manipulate something doesn't necessary mean to control, restrict or to ban. So in this context I don't think that US government has any of such intentions towards Bitcoin. It's really hard to figure out where such conclusions come from.
KYC is obligation by the law in most countries for all services that include any financial mean so cryptocurrencies are obviously not exception. But I don't understand why are people so afraid of it, it's actually for their own protection.

Exactly that, to manipulate doesn't mean to control it! Price will always depend on actions from masses or strong players, and US government is a strong player here. We can say the same thing for China, Russia, or any other country that has means and ways to do what they want. In that way every market is vulnerable, and can be manipulated with, with some regulations or a lot of money, either way who want's to shake the market can do that, but of course with knowledge and good organization, I don't think it's a one man job.

The governments as a whole probably aren't but certain influential people in those governments are interested, I'm sure of it!

If your average middle class worker thinks Bitcoin is a fast and easy way to make some money those high tollers also know it and they have the means to make it happen. They can change laws get their rich friends to invest and they can create FUD if they want to.

serjent05

In fact, the jurisdiction of the United States extends to all countries (with the exception of rogue states such as Cuba, NK, etc.)

ene1980

The conjuncture is always changing. If you know, once cocaine was considered a common medicine and could be bought at a pharmacy.

adzino

To manipulate does not mean to control. I think you will agree that the price of bitcoin depends very much on the actions of the US government (ban or vice versa recognition as a reserve currency)?

If they could somehow gather bitcoin by using a stablecoin that could be very scary. Think about it they could print as much stablecoin as they want, there is really no limit to it, they could just back it up with the people who buy it as well so it would be free for them and cause zero money to do that as long as people do end up buying their stablecoin and we all know people would buy it instantly, we have USDT run by a shady Bahama bank using scammy company and we already bought billions of it, if USA government does a stablecoin I can see easily 50 billion stablecoin sold.

And the government could use that 50 billion to buy bitcoin anytime it drops, they could simple crash the market and buy themselves as well and keep it low and create panic and just hoard millions of bitcoins without spending a single dollar.

They could, like what OP says they can make a fake regulation. As we all know, bitcoin price is pure based on supply and demand but we have to thinking the people who has bitcoin will always try to buy and sell based on the new or information, that is fundamental factor I guess.

I'm still remember when there a country who try to adopt/accept bitcoin then we will see the increasing price and otherwise when we get a bad information like the country A stated that bitcoin is illegal and etc. That is the factor why bitcoin price is volatile and hard to believe that bitcoin's price will remain stable although there are a lot of bitcoin future popping up.

The problem with this theory is that it is hard to prove if governments specially US is really buying and hedging bitcoin. For now we don't have solid proof that indeed US is on so called manipulation.


Bitcoin price skyrocket because of simply law of supply and demand. If retail and institutional money will flow then it will really go up. But government admitting that they are into bitcoin are rare, maybe except for those countries who are trying to circumvent any trade embargo like North Korea.

In my opinion manipulation on bitcoin price levels already happening like some governments are secretly buying bitcoins and to buy cheaper they might be manipulating bitcoin markets. If more governments are involving into bitcoin markets then we can obviously expect prices to go up but if one or tow countries try to grab cheaper bitcoin then they may go for manipulating prices to fish for cheaper. There are whales hence we can expect sharp down fall at anytime before we start travelling to moon and stars.

When more government start participating into bitcoin or different busies level which means we even considering such participation/suggestion as manipulation, bitcoin prices will definitely skyrocket. Government manipulation will be good whereas individual or corporate' manipulation should be avoided or need to approach them with more care.

Like why do you think the US government can manipulate bitcoin? It is a decentralized network and coin. No one can control it. Stop listening to those stupid conspiracies and educated yourself .
Yeah, exchanges implements the KYC function so that their user database remains clean.

If the US government wanted to restrict bitcoin they could have already done that as it is over 11 years now and the authorities started confiscating bitcoin from criminals for a long time and selling them at auctions. When it comes to exchanges enforcing KYC is because they do not want to get into trouble from the authorities if some hacked coins are cashed using their exchanges.

Nope, I do not think that the US government can manipulate Bitcoin.  In terms of US country yes, they can in their own jurisdiction but outside the US territory, it cannot manipulate Bitcoin.  That is why they can only limit the ban of participating in crowdfunding in their country alone.

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I think this regulation thing is the way of the government to manipulate Bitcoin since they require cryptocurrency exchanges to submit reports to them.

Few years (or maybe months) ago USA dumped too many seized coins several times and AFAIK that leaded to a price drop and that was one of its interference with bitcoin. Otherwise I doubt they will go further as a government.

The only government that can manipulate bitcoin is the US government  But I see no reason to believe that they are doing this because there is no need for it. Bitcoin has actually been entered into the legal field - everywhere it requires KYC, exchanges track suspicious transactions, etc. Bitcoin does not represent anything dangerous for the government.

Government isn't banning cryptocurrencies because if they ban it then the userbase will automatically increase, just have a look at history every time governments ban anything its users always increase like alcohol, any drugs or narcotics. So this is the reason that there isn't any ban on crypto yet as its market is very low as compared to other things. Government just want time to have regulations in place on this unregulated market.

Unless a single country started mining and controlling more than 51% of the activities I don't see how a single government could manipulate bitcoin.

Of course, they can't win over us. https://www.cnbc.com/2019/11/04/study-single-anonymous-market-manipulator-pushed-bitcoin-to-20000.html
In fact, powerful countries tried to control crypto and manipulate the system but they don't succeed because crypto is different, unlike the stock market. Satoshi has got this thing anonymously and crypto must live that way. May the government could ban crypto and impose taxes for every holder but it never comes into a moment that they would control the market and prices.

I don't think we ask for them this thing( manipulation) in order to stabilize the market. But only we need is their support and allow the people to use this.

They have tried several methods but they failed. I think next they will try to track down all the BTC transaction and they are going to introduce a special tax system for bitcoin.

In my opinion, governments already have done everything that they could against bitcoin. So They don't have any way to down bitcoin again. Now if they are really interested about bitcoin & want to do something, then that will "Remove A Ban On Bitcoin & promote it". And That will be a good sign for bitcoin 

In other words, from your point of view. Governments are behind the price manipulation of bitcoin price in the market?
I don't think any government have any control of bitcoin. Seems that there is a possibility that when legislators create fuds about the cryto regulations, there will be a fomo and panic. But I do not think most of the lawmakers will gonna buy bitcoin if they are not interested about it. Unless they have a plan of buying a huge amount of btc for that purpose.

You already answered your own question, OP.
The government will keep doing this cycle, over and over again.
My fear is they might be using bitcoin to be able to print money indefinitely, without any consequence (such as inflation). They print trillions of dollars, use it to pump bitcoin, then dump when inflation hits. Bitcoin, being deflationary, can be used as a hedge by governments against inflation, which is caused by money printing.
Right now I think investors will pump it hard, using the "incentives" coming from the printing machines. Then governments will pass some laws to prohibit it, so that the cucks sell, crashing the market. Then governments buy it cheap (using their own resources this time) and relax these measures, while printing even more money (and with more incentives, new pandemics, etc). Bitcoin might also be used to fuel national cryptocurrencies, issued by central banks. In fact, central banks have been buying bitcoin since 2017, or even earlier.
There is nothing we can do about it. Bitcoin was already captured by paper speculation, with derivatives taming the price, and the correlation with the stock markets shows its just another asset for pump and dump schemes. However, it is clear by now a new price level might come, which could bring it to 50k in the next year.

Smartest decision would be to sneaking up on bitcoin without letting anyone know. However there is a dilemma here, the government has to be transparent on where the tax payers money goes, now they are not always doing that but they have to, that is their duty. So, right now if they want to sneak up and buy a bunch of bitcoin and be manipulative, they have to do that without letting anyone know. Could they do that? Easily, they have done it on other stuff all the time. Hell governments pay 10000x more for a product just because it is their friends company and that is common in probably in all of nations governments.

However will they risk getting caught doing something like this when the topic is crypto? I am not entirely sure, I feel like they do not care about it enough to do something like this.

They could create their own digital currencies? Or they could even create their own centralized exchanges. Think about it, having a website like binance but that is run by USA government for example. You are capable of buying, selling many altcoins and you could do that with sending money from your bank account to that exchange and start trading however you want and when you want to withdraw you do it to your bank account there.

It is basically coinbase+binance combined with the trust of american government which would be awesome. They could however control the price of bitcoin that way, with all the money they make from trading fee's they would own most of it eventually and could ruin the price whenever they want or increase it whenever they want to manipulate for having more of it themselves.

If we believe that the government are interested with bitcoin, then they might think they are manipulating it.
However, we are talking of the government here, it's not only one person, it's a state that is making a decision for bitcoin, so it's not likely that they will do it.

Government give their opinion, and then give their decision, it's just us who are speculating and even mixing their worlds so we can create some FUD or panic, I believe only whales can manipulate the market because they are holding a big portion of the total supply.

Which governments are you talking about?USA and China?
Each government has completely different views about how to regulate the cryptocurrency industry.
I don't think that there's a government in the world,that actually manipulates the prices of Bitcoin or any other cryptocurrency.This would be totally illegal and it might cause a decrease in the trust that people have in cryptocurrencies.If you have insider information,that some big country is manipulating the prices of Bitcoin,would buy consider buying some BTC?I would definitely refuse to buy BTC,it there's a small possibility that Bitcoin is under the control of some centralized power.

As if that's the main agenda of the governments that want to get inside to bitcoin. They're in it because there's money and it doesn't matter to them if it's for the sake of their people or for personal interest, it's the reality which we knew about governments.

That's the point and do you think they can shake or manipulate the market without anything inside their pockets? You can't shake the entire bitcoin market or any market without any huge fund involved.

Talking about influencing or manipulating as Op puts it, I think Nigeria can influence things   but maybe not necessarily on the crypto kind of things because is not a high tech country. It can be a contributor to manipulation however in crude oil production too. I think as the 6 largest oil producing nation with OPEC, manipulation is also not far from Nigeria too  

On the part of adoption, I believe that Nigerians are part of the highest hodlers of btc in Africa at least. Therefore, a bill in the National Assembly for adoption of btc will cause a major spike in btc price across board IMO , even if it does not scale through (as part of manipulation)  

I don't think governments really care about bitcoin anymore to be honest. I think the days when they became regulated on exchanges like Coinbase and Gemini and after the launch of the CME futures, governments have learned to accept it for the way it is.

Generally there will be more KYC enforcement but for the most part, its here to stay. Basically you can't kill off bitcoin just not possible and its nothing no harm. Currently its mostly used for speculation and criminals moved on to privacy based coins.

You're making here big statements like your conspiracy theory is a proven fact, but it's not. You even speak very vaguely, saying "government" and "legislators" without naming any countries or names. You show zero proof of government trading Bitcoin, which is necessary to prove your theory. And the price actually very rarely changes just because a country makes a statement about crypto.

Its something we give them a hint of what they'll do next?
Well, I don't really want the government to control us and much more if they are going to manipulate the market. For many years that crypto has existed, it for sure that the government will work on it but that diverted due to the pandemic. If they have a plan for a market monopoly in crypto, it probably will be taking another year to come.

One way or another, a totalitarian state will always find ways to influence the activity of the cryptocurrency market and prohibit the cryptocurrency, as well as how to punish its citizens for using the cryptocurrency. As an example, we can take Russia, where the State Duma is preparing to adopt a number of amendments that provide for administrative and criminal liability for violation of the new cryptocurrency ban. The government’s actions initially already indicate that the state policy regarding cryptocurrencies will be very strict, since the legislator does not undertake to discuss issues related, for example, to regulating the activities of cryptocurrency exchanges, but first of all they began to discuss the amount of fines and terms of imprisonment for violation of a specific prohibition.

The issue on it is that the government see how decentralized bitcoin is , that people won't be stopped for using it. The government is stocked with the kind of direction they want to go, therefore then such statements might not be intentional to stop, increase or cause panic to influence price in their own direction. Bitcoin is 10years plus now and is going to continue being an option in the financial problem solving.

Well, that is a common tactic for me because I am in no doubt that some of them also own one or a huge number of bitcoins and this could be their strategy to have control over the price of bitcoin. I am afraid that in the future if fiat currencies will be phase out and bitcoin will take it to place then the government will do anything whatever it takes just to have jurisdiction on bitcoin for they are the government, --perhaps they are made by people to govern its people in all aspect. Who knows that these ever-changing outlook of the government to bitcoin is there way to arrogate and make bitcoin on their hand to manipulate it as the primary form of exchange in the economy.

When you say government of different countries I just had to laugh as I just tried Imagining the government of my country "Nigeria" trying to pass a bill that'll influence the market globally either by creating FOMO or FUD which sounds unachievable. The top world power countries like China and US just like others have highlighted are the only countries which can successfully influence the market as they have done exactly that in the past.

Although, judging from current market reaction to such news don't think they'll have as much influence as they previously did in regards to negative news but the positive ones like adopting or recognizing bitcoin as an asset or currency will definitely have a impact on the market as it'll act as a catalyst that spikes the price in anticipation for future profits.

looks like the government now taking their piece of cake?but what government would not want to gain?looks how much money is now inside this market?the amount that inside crypto is enough to feed the whole 3rd world country.



actually what OP is saying is those government is making issues to shaken the market and not manipulating with Big budget.

Definitely we can expect governments to spread FUDs against crypto currencies just for the reason of cryptos are threats for their traditional banking system. Other than that, if countries plan to switch to bitcoin for their federal reserve from gold, then they may try to manipulate bitcoin prices to buy cheaper. If governments start realizing the benefits of having bitcoin as a reserve instead of gold then we can expect them to compete against bitcoin-whales and institutional funds to grab cheaper prices. I could not imagine about the possible consequences if government backed traders start manipulating bitcoin markets.

All the above, in long run if governments start manipulating bitcoin market, that will end up benefiting all of bitcoin adopters. One day are other we can expect all the governments to be working on/for bitcoins for whatever reason because bitcoin is definitely having some answer/solution for every human including governments and corporate.

In my opinion, the next step for the government to manipulate bitcoin is not to re-create regulations that would prohibit the use of bitcoin. Because even the government has embraced the reasons why so many people use bitcoins. And the only thing their government can do is try to grow and justify the use of bitcoin and blockchain because we all know that using bitcoin is really helping people who use it. I guess this is even more helpful for increasing bitcoin usage.

Putting bitcoin and crypto in the mainstream is a good achievement and the government has nothing to do.

They have already figure it out that bitcoin is working for their citizens so it's now time to take advantage of that use. They won't ban bitcoin, as a matter of fact only few countries did banned it because they don't understand it. The only thing they know about bitcoin is it's the money of criminals and illegal transactions but they don't see the usefulness of it.

How much money does it require for them to manipulate bitcoin? I don't think that they'll go with that game but instead take the advantage and pay attention to their citizens that's making money out of it and tax them because it's volatile for them  to play bitcoin's game of manipulation.

I don't know. But I am sure that the government have unlimited time and resources and they can delegate to other parties to do that thing. The government will get the report from them so they can decide what they will do with the crypto.

We don't know what the government did so far with the bitcoin because I think they can act by secretly, and they can get so many info related to the crypto. They can collect anything they want without a problem because their resources are at everywhere.

Sorry but there is no point at time that Government is manipulating Bitcoin(My own Opinion regarding my Government)
 because so far our country is fair in regards to Cryptocurrencies
 though we have a strict fight against abusive and scammers and the Authority has already proven by putting in jail
even those Big fishes that involves in illegal crypto activities.
i believe that you should Give some links about those claims
 about Russia and USA haw they are manipulating Crypto because if you cannot prove this?then it will be a hearsay
and a nonsense thread.

I honestly don't see how you came to that conclusion. If governments did that then the bitcoin price would not reach $9000 and it would be the biggest pump and dump scheme the world has ever seen and bitcoin would die. Imagine how much money the US government has and if the US government did this scheme that you said and the government of France, Italy, United Kingdom, Germany also make this scheme... how long do you think Bitcoin would survive?

Another thing, we cannot underestimate the power of governments, if governments really wanted to end bitcoin they would be able to reduce the price of bitcoin to less than $ 500 and reduce their users, for that it would be enough for all countries in the world to ban bitcoin


you are exaggerating in your imagination


the government does not need to manipulate bitcoin


you should not compare russia (has dictatorship disguised as democracy) to the USA a great country that has laws and a good example of democracy. I believe that in the US there are a lot of people who are bitcoin supporters and who can influence lawmakers to create laws that are good for bitcoin. But in russia, honestly, you can't expect a good thing from that country

Nah, that's totally waste of their time and resources. There are still a lot of things that the government is doing other than trying to milk and f*ck the people in crypto space.

The OP might be over thinking the situation between cryptocurrency and the legalities. How do you expect a government to focus their attention in messing around with Bitcoin, if they don't even have the central authority to manipulate this currency?

I wonder if the government really love bitcoin and they will do anything with the price. I don't think that will easy to playing with the price since their opposite is not just from the other government, but their opponents can be from the whales, the trader, or the other rich people who have a large amount of fiat money. Besides that, I don't think the government can manipulate the bitcoin price since the bitcoin price cannot be controlled by one government, so we will still see the price fluctuated.

The Government is basically try harding in trying to assert dominance in most cases, and let's be honest, they aren't going at it in the most intelligent ways. It's more like the Government is a collection of people who want to be in control, but that's it, they can't actually put something in control, they just "look" like they are in control. Not to mention that the Government is unable to fully affect the usage of BTC, that is unless, ofc, they take hold of the entirety of the internet and somehow one way or another, trace each wallet back to their owners. It's basically like drugs, no matter how much the Government moves their asses about, they can't really do anything to it.

China used to threaten BTC but didn't they pretty much give up recently? Not give up obviously but rather they just put their attention to better use ( in which case, I think, most Governments should follow, that is unless it's positive attention rather than a negative one). With them trying to push for their own cryptocurrency development and all of that.

I don't think governments care about Bitcoin that much as it represents a very small number of users and market cap, when compared with global markets... I think they do want to have the possibility of control but they seem to be more interested in developing their own government controlled cryptos... let's not forget that people will use what they are told to use, and a government issued crypto would have a user base and market cap that would obliterate the whole crypto market in an instant...
In my oppinion BTC prices are under whale control, market makers that hold tons of BTC, most of them being early miners... these guys just take advantage of the flow and keep on getting profit...

The multitude of the global powers have their attention shifted on who gets to be the next world's reserve currency. They care little about bitcoin and other cryptocurrencies' existence, and I can even go so far as to saying that their efforts to legislate bitcoin and crypto are at a bare minimum, just so people can tell that they are doing some things to get involved in the scene. Perhaps they are influenced by some rich elites to lay their hands off of bitcoin as most reports to countries banning and fining people for using crypto usually came with little to almost no materialization whatsoever.

Russia's crypto activity remains high, while China, albeit the various threats on bitcoin, mining and general crypto usage still sees tons of people using the aforementioned digital currency.

Like this one from a few days ago? Russia Proposes 2M Rub Fine and 7 Years in Jail for Illegal Crypto Use

I remember a similar bill was circulating in India's parliament last year too. Nothing ever came of it. Full on bans and criminalization like this never seem to actually become reality (even in totalitarian China) which tells me there are generally opposing forces in governments on this question. One side (like the central bank) tries to push a ban, but then runs into a wall of political opposition.

Government support for bans will become even more divided as the years go by and politicians and elites invest more and more in BTC.

You got some point which i do highly agree on this one.Crypto market is still not really that big for government to sit it but somehow i do presume that they are already including it into their watchlist.
We know on whats the capability of crypto market in terms of decentralization which is totally opposes centralization and if this market would make out that much noise then it wont be a surprising
thing if they would really make that involvement when it comes to manipulation but actually its not really that easy to do in a free market like this one.For centralized like forex and stocks they
can do things easily but for crypto? it wont really be that easy.

Bitcoin fans love to see persecution wherever they look.

I cannot see a 'let's fuck with BTC' committee in the back of every parliament building. Government is chaotic. Bitcoin is something ever changing with multiple developments that'll either alarm or intrigue lawmakers. There are also untold amounts of potential consequences for every decision they make.

And of course there are countless levels of government. Local authorities may have many more dealings with crypto than other ones.

Most of the time the stuff that people perceive as some killer move was usually spun out of nothing by some crypto press prick.

They do not want to ban it because they know people will just use it anyway and will find a way. Plus they are making tax income from it so they do not want to ban it and lose money as well. But they do not like it when they are not in charge neither, they want to control all of bitcoin which they can't which upsets them.

So, the closest thing they could do to manipulate crypto world would be starting a stablecoin backed by the governments. Think about USA creating something like USDT but its backed by the federal bank, that would be super strong and would be preferred method and all of other stablecoins will be gone for sure. That way they could control a part of the crypto world while still in charge and making profit and allowing people to use it as well without banning it.

I doubt that governments are into bitcoin and manipulating it on their favour. Perhaps there are few countries who are into investing just to test the waters so to speak. But to invest their funds and manipulate it? Nah.

Besides, there are a lot of governments who wants to put heavy regulations on bitcoin, so they are just contradicting themselves here. Yes, they love blockchain technology, in fact China and the US are the leading blockchain patent applications but it doesn't mean that they are going to ease up their framework as far as regulating bitcoin.

They are looking on it but they have different perspective that's why there are some countries who banned bitcoins in their country, but other than that I don't see any counter action towards the bitcoins since there's no any legal actions has been done towards on it even if bitcoins existing and trading in open market, Maybe they doesn't see it as an reliable asset compare to what you have mentioned. As well they don't know about the technology since most of the politician are so old and outdated.

If the government is pursuing such intention, they actually make a push on it earlier. But we are already at 10 years of existence quite to see that they are giving up, instead, they look ways in order to give support and give safety assurance to the community. The government will certainly not going to after crypto being controlled but only they ask for the people to include this as an asset for them they could pay taxes.

Maybe we are so lucky and crypto community that Bitcoin will remain to decentralize market and in such a thing, small investors and traders will not be outplayed by whales.

Personally, it does not seem to me that governments are too interested in BTC at the moment, for the simple reason that it is a very small market in terms of value. If you just look at how much money is at stake when it comes to stocks, bonds, real estate or gold compared to Bitcoin, then it is pretty clear that we have not yet joined the club of big players. If someone manipulates the price of Bitcoin, I don't think it's about governments, because let's be honest, politicians are not very intelligent people (with rare exceptions), but various rich individuals and companies that invest in crypto.

Governments, on the other hand, are interested in something else when it comes to crypto - and that is the identification of those who use Bitcoin. Snowden has released documents showing that some security agencies have worked very seriously on developing tools to track users and their transactions on blockchain. I have no doubt that these programs have reached a very high level of success to date, with of course all that has been developed in the meantime.

Hi Everyone!
It seems to me that people in the government love Bitcoin and love playing with it by controlling its price with different ways.

First they make a suggestion that it needs more regulation, or start a rumor that it will be illegal to mine, or even make a motion to pass a law restricting or forbidding Bitcoin.
People freak out, price drops, lawmakers buy.

Then they ease off regulation, maybe even admit that blockchain is cool and let people use it, make it okay to mine, and stop the law about restricting or forbidding Bitcoin.
People relax, price goes up, lawmakers hold.

Next level the regulations not just relaxed but favorable, regions with cheap electricity lure miners with favorable terms and credit, mining encouraged, trading is relaxed.
People go nuts, price MOONS, lawmakers DUMP  

...and the cycle repeats...

Question to you:
What, do you think, the governments of different countries will do next to manipulate Bitcoin? Will it be to drive the price up or down?

For example Russia and USA are making some noise about hostile legislature... What will happen next?

Lets hear you! Will be fun to come back later and see who was right and who was wrong and who got rich  

Good Luck and God Bless,
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