Bitcoin Forum

Government & banks understand they could defeat something that is decentralised. Therefore, they went to this way: they created FUD, limiting access for people who buying crypto so that they have no /less competitors later when Crypto's price go to bottom later. That way, government & Banks could buy them all , leaving less coins for us.

Govt creates Fud and once market boom coin prices increases then again govt will raise question for taxing and saying illegal and ponzi and collect money in form of tax

Government and banks are the primary effected by crypto currency market since they lose control over fiat because of the idea that cryptos are decentralized, and since they cannot make any regulations to control this market what they can do is to limit the access of people in this kind of economy as they set limitations for those who wants to make transactions with cryptos. They will continue this as long as they don't find their ways to regulate cryptos.

I am convinced all the wealthy people with contradictory statements are at the end buying as much bitcoins as they can. Those people are maybe those who created Bitcoin, who knows...

i just think its funny how so many said govs couldnt stop crypto. the last month have proved that statement false.

they can't defeat crypto even if they would buy all bitcoin available,

because its a movement, not just a currency, a decentral movement in the internet,

if all bitcoin would be owned by the banksters and their corporate slave masters, the internet would create new coins and propagate those

its therefore a neverending nightmare for them

regards

It's very possible. Governments are playing a double game and this is a fact. They understand better than others that crypto-currencies and digital products are a huge pie, thanks to which it is possible to break out and take the leading positions in power between the countries.

Government will not invest in this market because they will see it as risky.

While it is technically possible why on gods green Earth would they do that? That is like literally shooting yourself in the foot like my man Plaxico Burress did with the Giants. You know they aren't that stupid now cmon ;)

I think its pretty obvious that this tactics was made famous by Jamie Dimon himself, he continues to attack bitcoin when there was so much FUD coming from China, but from behind they bought tons of bitcoin and sold them with the price recovered. But we all know that they can't really defeat crypto. The more negative things they say against it, the more people becomes curious and bought it.

But I don't think that they can buy everything here. One way or another there's some equal distribution of bitcoins and crypto's globally. So maybe they have investing on it secretly but I doubt that they want it everything for themselves.

I wouldn't necessarily say that governments make their decisions with the intention of crashing the price and investing themselves, I think it is more a case of they are being strong armed by many powerful individuals and corporations. Let's take banks for example, they have huge influence over governments and their decisions and it's in their best interests that regulation against cryptocurrencies is strong and damaging.

I don't think governments are interested to invest in bitcoin. It does not work. Because bitcoin is not the only cryptocurrency. They know that even if they can defeat bitcoin, another cryptocurrency will appear.

And even if you are right and they want to collect bitcoins, less bitcoins will be available and it will cause the price to rise.

well, of course, the government needs a very large fund if this is indeed happening. The opponent is a society around the world and it will be very difficult for banks to win because most of the funds in the bank are public funds even though all the banks in the world join, the power of society was too big for banks.

Definetly we could not know  the main image of those group called the big whales or big player in the world of cryptocurrency,because all of us here is anonymous even those we called the father of bitcoin,nakamoto satoshi we cannot stripped of his own identity but ,maybe your statement and guessing is true that this group of big player are those the government and the banks,they want that this cryptocurrency income are the  group benefited much more,they hide there identity and they are the one who manipulated the circulation of cryptocurrency and maybe they are the one who play a big rule in this dropping of value of bitcoin.

Or maybe we sometimes seek the answers and find them by blaming goverments, bad news whatever it may be. Markets and investing is complex and it is not some easy thing to see why something is happening. If price are falling more people are selling and reverse. Every single time I hear people blame the news and FUD etc. But there could be more than just that and I strongly believe there is more than that.

This is a very good idea that I thought before. The government has the strongest economic potential, so if it is to dominate any kind of property, then the government is the biggest whale. Many countries are seriously studying cryptocurrency, so their manipulation of a few crypto coins to control their mind is very easy to understand.

i still believe that the power of crypto is held by the people who get into mining first. Government and banks may have the FUD but still, whales of bitcoin hold the control of the market. Banks can't do anything but to join cryptocurrencies.

Governments can't be involved in bitcoin trading as they have regulations regarding how to spend the funds which can't be used to invest in a speculative object.
Even the US authority has held several auctions for bitcoin that ever seized, don't want to hold it for long-term :D
Furthermore, it should work the other way around, why buy bitcoin after created FUD? They can make huge profits if buy bitcoin and then create a FUD.

Yes we already saw Chinese government taking different stands over bitcoin and making its market highly unstable last time.But i think that banks and governments would not go to the extent of buying all crypto coins.Also there is no assurance that all of the crypto holders would sell all of their holdings.They have tried their best against bitcoin but could not defeat it.