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Topic: Who is Behind The Conspiracy to attack Bitcoin ? (Read 449 times)

legendary
Activity: 3472
Merit: 10611
February 17, 2018, 10:31:43 PM
#42
it doesn't have to be one person or group behind these bullshits that we keep hearing. it is because of the fact that almost everyone has already realized that the news can affect bitcoin price a lot.
as a result many of them try spreading what suites their needs. for example if they want to sell at a profit they spread good news about how bitcoin is awesome. and those who want to buy back at the bottom or short bitcoin spread the FUD.
many of these idiots go against the market and spread their bullshit and obviously fail but those who do it with the market trend win.
sadly there are enough weak hand idiots who are affected by this!
sr. member
Activity: 728
Merit: 263
I think this is the market mechanism and in this way, the market is getting spread out around the world. Not only that but also a lot of information is also liable for this situation. I think some countries are trying to create some policies for regulation of this platform so that Bitcoin and virtual market faces some difficulties now and then.
newbie
Activity: 278
Merit: 0
It is very clear that banks and some governments are attacking Bitcoin for its fall. This is due to the fact that these entities do not have control of the transactions that are carried out, in addition to the commissions that the banks will stop earning.
full member
Activity: 378
Merit: 100
Media is fueled with money and when the prices increase they announce that btc brings too much profit so we may as why ? To break the sell walls put by whales ? and when it is decreasing they say it will be worthless but media has this job since centuries and we as people must not fall for this kind of manipulations
legendary
Activity: 1596
Merit: 1034
I also suspect that this decline is due to the conspiracy of the bitcoin millionaires who want the price to fall deeply. This conspiracy caused some false news in various countries to make bitcoin holders panicked and sell their assets. I never trusted the news because although it will not affect the bitcoin movement because bitcoin with decentralized is only controlled by its users. This downturn is purely due to the conspiracy of the bitcoin millionaire.
hero member
Activity: 2110
Merit: 502
Whether it's from a private bank bank, which makes a conspiracy to drop bitcoin so everyone does not use bitcoin as their economic handle, and certainly the bank does not want it if bitcoin later drops many banks of the world banks just shut ...
full member
Activity: 266
Merit: 151
First crypto index traded as a token!
It's very tempting to think of a conspiracy against bitcoin. The FUD about a week and a half ago came from different sources, together with the US Senate hearing on cryptocurrencies. Bankers spreading negative news, talking about a bubble, hacks on exchanges, governments banning cryptocurrencies, all this FUD caused a serious price fall. But a week later the price started to increase and bitcoin is now reaching 10K.
member
Activity: 196
Merit: 15
now when bitcoin breaks through the 10,000 level the forum is flooded with stories attacking the minds of bitcoin users.This gossip is false and is a sign that there is some organized conspiracy to manipulate bitcoin price.I say to everyone stay focused on the fundamentals and dot listen to the little devils who want to spread fud

Today they say
bitcoin is dying
bitcoin is a scam or ponzi
bitcoin hated by government
bitcoin going to 0
even false stories are being posted. Is it really that all the idiots and liars come out when the bitcoin price goes up or is there some office somewhere that has people fighting the movement of financial freedom
full member
Activity: 658
Merit: 102
All these truthful and untrue news so synchronously and amicably appear, which really allows to assume the existence of a certain conspiracy in order to lower deeper the bitcoin in price so that some weak-minded people in a panic sell their bitcoins and some people could buy them at a cheap price. And the low cost of bitcoin is also deliberately kept too long. Whatever it was, but such actions only testify to one thing: they are conducted in order that in the future it would be possible to earn money on this, that is, bitkoin should soon rise in price, including those who will Now they keep bitcoin on its price day.
full member
Activity: 427
Merit: 100
Media is under influence of people who want to buy Bitcoin cheap. And they are using their power really well since they were able to pull the price down from 20k to 5.9k. They actually believe in Bitcoin and just wait for few days and internet will be filled with only good news about Bitcoin. Also, sometimes media wants to pull out some bad ass news for viewership and so they misinterpret the news.
full member
Activity: 269
Merit: 102
I am not sure whether there is such a thing as conspiracy in what is happening right now. The policies of certain countries are very exclusive decisions that came about from their own set of policy makers. They are not created out of connivance and agreements with other countries. That is for sure out of the picture. The whole picture is basically a normal movement in the prices of cryptocurrencies. After all, we have seen this over and over again in the past.
member
Activity: 64
Merit: 10
Why are there all these news stories that are not true.Worst thing is these stories are being used as the excuse for the falling bitcoin price.
1  saying South Korea is banning exchanges and that was a lie people are still trading
2 people spreading lies on the forum saying india banned bitcoin and bitcoin will die and that was 100% a lie
3 people talking about government regulation and saying it will end bitcoin and they ahve said that for years and it grows like crazy

why not? news cycles tend to follow market cycles. at the top, the media was reporting about $500,000 price targets and telling you how to buy ripple. naturally retail buyers bought the top and are getting completely rekt right now. during the bear trend and near the bottom, expect the media to be especially harsh.

the "professor bitcorns" tend to come out at these times, gloating about how the end is nigh and they were right that the BTC price is headed to $10. that goes hand in hand with bad news (even inaccurately reported news), as media sources search for reasons to explain the falling price. as usual, their explanations are ridiculous and sometimes downright inaccurate. the price fell because demand dried up and people who bought significantly higher began to feel squeezed into selling. falling price begets falling price, panic develops......and here we are. same shit, different day. bitcoin will be back.

I agree that news cycles tend to follow market cycles, and to further give emphasis on how these elements involved with "VALUE" itself affect the BTC(its present as well as future), it would be highly essential to be aware that it is also true that market cycles get a manipulative benefit from following news cycle. All of these, are part of any market and every "merchandise or item (including the BTC", and act as elements that would make sure transactions happen (of whether to buy or sell)....keeping the market alive.
sr. member
Activity: 560
Merit: 260
It's the market.   The whales are not a single unified team, no more than the plankton are. 
full member
Activity: 812
Merit: 101
very interesting, and I also feel doubt about the actions of the Indian government against bitcoin users, is it true that Indian government discriminates bitcoin users? I think we should be smart when taking information. do not immediately we spread in the forum about information that has not been clear the source and the truth.

when a lot of lying information about bitcoin, then the crypto world will be weaker, and even death.

I think this lie is a conspiracy committed by those who hate crypto and bitcoin.
member
Activity: 266
Merit: 10
The possible attackers of bitcoin are the ones who are not gaining anything from it. They are the competitors of bitcoin. One possible example is a  bank. We know that people are paying fees when transacting with bank. With bitcoin we also pay fees but it's very minimal. So which one would you choose to transact with ? With bitcoin your money may grow very fast but with bank the interest you're earning is lower than inflation.
full member
Activity: 476
Merit: 103
homt.net
In this world most dangerous thing is half knowledge the people who is involved in crypto currency with half knowledge they are spreading this rumour as well well as big investors.
sr. member
Activity: 644
Merit: 261
There are many speculations as to whoever spread the bad news about bitcoin so that people would panic. Some say it is the banks, the government, or the whales trying to bring down the price of bitcoin because they would accumulate more of it. Well it might be true or not and you being not a whale should just do something to protect yourself from getting rekt and not being controlled by your emotions like panic sell when the price is low and then when it goes back up again you panic buy.

If you look at the world market as a whole not just the crypto markets, it is having a correction as well so in times like this if you are invested in various investment vehicle like stocks and mutual funds then you should have other source of income otherwise you would just be at a total loss if you sell now assuming you bought higher. This is where the multiple source of income is ideal and having an emergency fund.

Many are saying 2018 may be the next 2008 recession and this is the reason why Satoshi created bitcoin so this time around we will see how will cryptocurrency battle the recession and see the fruition of Satoshi's vision. This might be the time the government will see the true essence of cryptocurrency and then maybe totally accept it.
member
Activity: 102
Merit: 14
I think the main impact is that the government's policy on the prohibition of bitcoin, which affects the consumer psychology by affecting the market price, brought news of bitcoin's death, which is not true.
member
Activity: 192
Merit: 11
These conspiracies, or these so-called bad news, can have a huge impact on the digital currency.

These plots will not be the news of Wall Street, in this capital market, only the interests are unique!

They are giving out these schemes to rob some investors of their money!
full member
Activity: 210
Merit: 106
I dont know who is behind this conspiracy but i am sure that they are whales.
Whales want to take advantage of this situation. They will buy bitcoin with a lot of money to grow bitcoin  from its lowest price.
So i always said to people to never sell their coin in panic.
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