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Title: Two reasons why "they" are pumping the price of Bitcoin. Post by: Ucy on December 05, 2017, 10:33:01 AM I am a bit convinced that government is behind the recent Bitcoin pump. Here are reasons for the pumps :
1. To buy as many Bitcoins as possible in order to fullly control it and manipulate the price in the future. 2. To buy as many Bitcoins as possible, make some profits for the "futures investors", dump them all, crash the price and create a massive chaos in Crypto World. This is to enable Regulators to step in and take full control of Bitcoin or ban it entirely. Most users will eventually welcome the moves for their investment safety. Title: Re: Two reasons why "they" are pumping the price of Bitcoin. Post by: hugeblack on December 05, 2017, 10:46:05 AM I am a bit convinced that government is behind the recent Bitcoin pump. Here are reasons for the pumps : 1. To buy as many Bitcoins as possible in order to fullly control it and manipulate the price in the future. 2. To buy as many Bitcoins as possible, make some profits for the "futures investors", dump them all, crash the price and create a massive chaos in Crypto World. This is to enable Regulators to step in and take full control of Bitcoin or ban it entirely. Most users will eventually welcome the moves for their investment safety. which government is behind the recent Bitcoin pump? USA, China,.....etc 1. you can mine bitcoin so if I have 1M bitcoin can’t have full control of bitcoin. 2. daily trading of bitcoin more than 160kBTC it is hard to be controlled by price only. Title: Re: Two reasons why "they" are pumping the price of Bitcoin. Post by: Shamie1002 on December 05, 2017, 11:00:01 AM I am a bit convinced that government is behind the recent Bitcoin pump. Here are reasons for the pumps : 1. To buy as many Bitcoins as possible in order to fullly control it and manipulate the price in the future. 2. To buy as many Bitcoins as possible, make some profits for the "futures investors", dump them all, crash the price and create a massive chaos in Crypto World. This is to enable Regulators to step in and take full control of Bitcoin or ban it entirely. Most users will eventually welcome the moves for their investment safety. At first, I was thinking the same thing. But when I have read a thread about it in the forum one thing is for sure, Government can't take control of cryptocurrencies. I think this thread would help somehow as another source of information by others perception and knowledge. https://bitcointalk.org/index.php?topic=2480424.0 It was clearly explained by some op. Title: Re: Two reasons why "they" are pumping the price of Bitcoin. Post by: JoyofCrypto on December 05, 2017, 11:03:00 AM The recent BTC pump happened because of a lot of new people hearing about crypto and wanting to get in and also new big whales throwing their money into BTC after hearing news about CBOE and Nasdaq trading Bitcoin Futures.
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