Bitcoin Forum

Seeing as the world governments has opened their eyes for crypto,
and now cracking down on ICOs, exchanges, and crypto in general..

I fear that crypto already has been breached, and is controlled and manipulated by the 'banks'.
Since crypto is theoretically unstoppable, instead of fighting against the system, they could simply have obtained a large amount and
can keep the price controlled, and never allowing an outbreak bad enough to damage their system?

with 'banks' I'm referring to the banking industry/very rich people in general, who one way or another
profits from the current economical model, often by being middlemen, or 'earning money from nothing'.

By ruining the reputation of bitcoin/crypto in general, the average person would likely never touch it.
If p2p currency ever was adopted worldwide, it'd be a huge change for the current economical model, which of course, many top players wants to prevent.

What are the things that could happen? What are the alternatives?
Creating a new currency wouldn't work, if we assume that the banksters would be aware of it and therefore they could get a controlling part of it.
So we're 'stuck' with bitcoin, and can only hope that the coins itself are spread enough to not be controllable?

Whatever the banksters or nouvea riche may do, it cannot stop the growth of crypto. This is just the beginning, they cannot beatit so they will be forced to join in crypto investment.

Ask yourself this one question: why would they crash the crypto market, when they could do the exact opposite with all that power? We know some of the banks own Bitcoin and are looking to acquire more, which to me implies a positive signal. I doubt they would crash their own money at that point, as they stand to gain more from making Bitcoin increase.

If you want to invest your fund on various coins do it. this will be bumped bigger in the market for sure. I really do not care about the crash because most of the time I use to hodl the bitcoins and other cryptos which have mate.

When yesterday all the cryptos turns to negative I was much panic that again we need to see the coins value cheaper than its potential but fortunately in next day itself  all the cryptos has been bumped faster.

If they were to support bitcoin in the long run, they'd also support their own doom.
We don't need banks where we're going, at least not in the way they exist today.

Banks keeps people's money, and make money off of it.
They can print money out of thin air, loan it to people, and get more money back.
They have no place in a crypto economy.
And in the end, it's still the people who has to cash them out when they enter into a crisis.

But it's clearly something the banks(and indirectly, those in power) wants to keep going, so I can not imagine that they'd roll over.
However, it takes ages for the bank industry to do stuff. It's like all the banks agree to keep everything equally shitty and therefore they don't really compete with eachother, as most choices are the same.

How much should we bet that banksters and nouveau riche are helping drive the growth of crypto. It's more likely that the old money is the only money that's not making a crypto investment play. There's certainly more groups of people that have a hand in this fun than are admitting publicly. Part of that is because no one wants to lose...so if they're making a seemingly controversial bet they're likely to keep it quiet.

The finance profession has no shortage of posts in any period of time because it is a profession closely related to the development of human society. There is no need to worry about unemployment, and there is no need to worry that this technology will suddenly not be needed.

Many government regulation in different are taking steps for improvement in Crypto World, the things will be going to better again, Blockchain technology is going to be more safer in coming so hope things are going to be normal again very soon, the only thing which we are required to carefull enough is The fake ICOs list (https://www.applancer.com/ico-list).

when the word "CryptoCurrency" lost its true meaning and started becoming a pump and dump shitshow also known as altcoin market and when a lot of shitty ICOs started coming out to scam people, that was the warning for people to put an stop to it themselves. but since they didn't and instead they started investing in ICOs and make shitcoins top2 coin then the government has to get involved and put an end to the scams.

i think government will accept cryto. i always find new advantage project to invest. i hope one day i gonna rich

That's fair, I think that at some point a large part of all the various cryptos today will die out because they don't really have a reason to exist in their current form, and hopefully we can then continue with the important parts of crypto. But, in a way, bitcoin going from $0.000x to $10,000 was maybe in a way, bad design, because money is then the primary reason for why people get into it?

Bitcoin is not manipulated by the banks. But the banks sees bitcoin as a threat and that is why they are also starting to enter into bitcoin or to create their own cryptocurrency. Sooner or later if the banks will not make some innovation they could possibly be left behind and their business will die since people will begin to shift from banks to bitcoin wallets.

If they see it as a threat, is that not a good reason for why they would be manipulating bitcoin?
for example, by dumping tons and buying back lower they'd get more power as well as damaging the reputation/possibility of being a currency?

that's where you are wrong.
when some shitcoin is created or some ICO scams people, the world in general is not going to say bitcoin is bad! bitcoin had nothing to do with it. if anything people are going to stay away from ICOs and shitcoins and in general it will ruin the reputation of altcoins. but nobody cares about that because altcoin reputation is already in ruins.

while you are right on that aspect, I'm more referring to the general market, if banksters control the price, they can potentially just make it be so unsteady that noone would use it?

neh, it's imposible that the banks can control the crypto, this is the future, no more banks, only clear transfers

The option to me is to invest in crypts because going by the past, bitcoin as the first was barely less than a dollar but today, it is a cherish coin with very high price. It is always good to invest for the future.

Improvise, adapt, overcome.

Yep, I don't agree with the original point that crypto has already been breached and even if it had, shutting the whole thing down is impossible. Look at the rise in decentralised exchanges since the turn of the year. This is just the start so if governments want to come down even harder then all they will do is push it further underground out of of sight which cant be good for them. You would rather have your enemy in your sights

That's true, and I sure hope you are right.
I just figure the part about banks actively manipulating the crypto market in a way that would drive "regular investors",
and definitely driving away regular people from using it. A lot of people got burned in the january crash.
They might see btc is on it's way back. What if, the same thing happened again? How many times can a crash happen before 'regular people' aren't interested anymore?

By 'regular people' I mean in general less technical interested people who only see it as a way to earn money, not caring or understanding about the technology.
Will bitcoin just keep coming back stronger and stronger, if this was the case?
At some point even the most hardened cryptofans probably would grow tired of the uncertainty in such a market, and no longer view it as a store of value?

I'm not sure, I'm just hoping crypto manages to break through to real world adoption, but I fear that there will be many challenges on the way,
and with what's on stake, I can't see why banks and other entities of the kind, would simply let themselves get buried. 

Most likely, banks and big players will accumulate their fortune, as they do with Fiat money. In the future, they will begin to issue loans in cryptocurrency, resell assets or simply spend them, which will spread the cryptocurrency. In General, the money flow scheme will remain the same, only the way of tracking them and implementing and conducting business and other financial institutions will change.

develop what I do and continue to explore the world of kryipto because this is very important for my future and I am sure that what I am doing today can not be stopped for a very long time

Isn't part of the whole crypto 'movement' to kinda make all middlemen irrelevant?
Loans - sure, that'll probably always exist
but that makes up a very small part of the economical industry that Are to be redundant if crypto becomes adopted?

Crypto can be stopped, not only theoretically but practically, If every government rule against Crypto currency, there will be no one to use them and the market will be disappeared as we know it.



Problem is not with the currency , or governments or banks, but the USERS, when they mis use the system governments have no option but to stop people from using it , as much advantageous that crypto is Decentralized, it also the biggest weakness, without a way to track, few people / not more than few use crypto for illegal purposes and that is wrong in every way.


The best option is make a system that is traceable by at least some responsible officials or organizations, not making a system that is completely decentralized. many people say it's a advantage, but that is the downfall of crypto , humans need some sort of control over them otherwise they are tend to go wild. so as much as we love decentralized system, there must be a way to track who used transactions for what. that way it will be positive for crypto users in the long run.

The future determines early on and may need to be able to read future opportunities for a better life in the future and bitcoin is a great opportunity for the future.

I think the best way of the banks is not to crack the crypto industtry because its already booming even without the banks in the middle of it. The best way they can do is to make another platform that also base on crypto and the concept is still a banking system with the currency of crypto at the same time fiat money and for me this is quite amazing platform.

Ask yourself this one question: why would they crash the crypto market, when they could do the exact opposite with all that power? We know some of the banks own Bitcoin and are looking to acquire more, which to me implies a positive signal. I doubt they would crash their own money at that point, as they stand to gain more from making Bitcoin increase.

Bitcoins is and always will be the future, it's designed for that purpose only. Now coming to your question governments have tried it in the past to create fud and they have failed. Bankers have stopped accepting bitcoins but then again did a U turn, so just sit back and see your coins rise. I'm not worried at all about bitcoins cause I know they're the future.

There is no time that it will be too late for anyone to buy bitcoin. Though people from the bank and some of the government official that are trying to fight bitcoin. Most of the FUD and bad news are simulated them so that those that are ignorance and do not have better understand of cryptocurrency will  dump for them to buy.

We cannot determine what is the future of bitcoin because we all know that bitcoin is designed for it's purpose only. Now we are experiencing the bad side of bitcoin, we should be wise and we should not expect on the things that we know will never happened.

There can't be an outright 'rule' against cryptocurrency. At least not a countrywide ban in most democracies. That will be against the spirit of freedom of choice and profession that democracies tout as their specialties. Using bitcoin to transact anonymously will still be limited to peer to peer transfers only. This is something that nobody should have a problem with. It is much harder than you think to contain the power of a user-generated and user-validated currency.

You are falling for the government arguments of painting bitcoin with the "money-laundering, criminal activities" button. Crime and evil will always be there. With bitcoin or without bitcoin. Do you think drug dealers and traffickers will stop operating if they can no longer use bitcoin??

I appreciate your concern but you have it totally backwards if you think solution is to enable a way to "track" the usage of crypto by some trusted/responsible officials or organization. This is not what bitcoin is about. You already have fiat for that.

The choice that crypto gives you is to make a p2p transaction to whomever you want in the world without having to go through the hoops of currency exchanges. It allows countries to come out of a perpetual cycle of debt and misery by loosening the control that the trio of Central banks, Wealthy businesses and Politicians have over the working classes. I'd suggest you to read more on these aspects than falling for the bank/ authorities created FUD (Fear, Uncertainty Doubt)

Dont worry. eventually everyone will join blockchain!

Crypto is the future currency, I do not care for its volatility and turbulence. If I can hold, if I can keep patience and do not panic when the market crashes, if I remain vigilant and gather all the knowledge how to keep it safe and how to keep it growing, surely it would mean having a secure future. Looking back at the past, how it hiked to its zenith and how it crashed and the way it recovered giving an insight into the journey of crypto world and a promising future.

I think it's a political player and not to be politically destructive. We should not hear any unpleasant news and I'm sure the government will give me a good solution. I think bitcoin will be a future investment and I'm sure the government will support our vote and not politics. to intervene

Just about your first point, sure you're right, but if something would happen that basically forces exchanges to block out a lot of people(for example this SEC-hearing that apparently was fake),
that'd do a lot of damage to crypto as a whole? Sure, if only USA was 'banned' then it'd not be too bad in the long run, short-term it'd still be very noticeable.
However, my point is just that sooner or later, after such an event, it'd possibly eventually die out?
If it one way or another became very difficult to buy crypto, that means a large part of all the regular people who just wants to 'invest', would be locked out..
what's left? the early days of BTC where people were just sending them to other "enthusiasts". It seems like long-term, such a system would die out?
Like the quote from Satoshi that in 20 years there's either lots of volume or no volume.
 :-[

Depending on the expiration cycle, some futures options expire to cash, while others expire to the underlying futures contract. Futures options will expire into cash when the options and futures expire in the same month. If the options and the future expire in different months, the options settle to the future

Our choice today determines our future therefore I choose bitcoin because it has the certainty of the future Certainty of a decent life.

there will be a similar situation with the Internet. Every year people will get used to bitcoin more and more

If a crypto stops at a point then I'm sure they do not love crypo wholeheartedly and they feel compelled to join in a crypto investment.
Crypto is ideal to be a source of income so I'm sure they can trust the crypto rules.

That was a bit confusing to me, sorry what do you mean?  :o

for the cryptomir, the future looks very promising. Soon, most companies will use blocking technology. The end of the bureaucracy is near. Therefore, the governments of many countries hate the cryptonian

Now there is a situation that everyone accepts. Bitcoin is a globally accepted material value on the world. Secondly, it is a technology worth researching and investing on blockchain. However, the other currencies we give the name of altcoin are part of a machine that processes the system. The world is now aware. Bitcoin is an important thing, and this field of research, investment and trading are increasing. Precaution has already begun on behalf of not staying back. In this environment, future state regulations will be the next stage. I do not know what happens if a new system comes up and crypto paralara supersizes. But it is already difficult to be in a short time.

the future option should be invested as the profit will be higher than you would at the low interest rate bank. if you invest twice the money will return to you

I think that the best way of the bank is to crypt on the industry so that it does not crack. Because its transaction is spreading rapidly in the bank. The best way is to use crypto base at another platform. Because the banking system is involved with Bitcoin. This is a wonderful platform for all of us.

First of all in future I will make money with Bitcoin.I think that Bitcoin is one of the important things in our world .I am very happy that I can make money with Bitcoin.

Cryptocurrencies can not be stopped worldwide and the reason is because all the countries of the world can not agree to do that since some countries already embraced it. What we can expect to see is regulations for cryptocurrencies and that may be good to take care of so many scams we see nowadays.

I believe blockchain truly is a breakthrough technology that provide plenty of benefits to society, including virtual currencies. And so this virtual, cryptoworld is already in our midst.

 It takes ages for the bank industry to do stuff. It's like all the banks agree to keep everything equally shitty and therefore they don't really compete with eachother,

the bank are already afraid of bitcoin, because they lose money, but i think bitcoin became independent from banks in near future

The crypto market is growing and developing, many are interested in its components, not only individuals, but also companies and governments of many States. Cryptocurrency has a great future.

They can't stop the rapid growth of the currency. The currency is developing and growing day by day. They will have no choice but to engaged themselves here.

They can't stop the growth of the currency. The currency is growing and developing day by day.They're left with no choice but to engaged their selves  here.

I do not think these banks can ever control crypto currencies in the future. As of now there are over 1500 crypto coins and $400billion market cap of crypto. None of these banks alone can commit to own about half to 90% of the market cap. Even if that can happen they can only control the market but not the transactions

Well most times I for once Skip my brain over thinking of government trying to buy into bitcoin and becoming major share holder there after control it, bitcoin is the highest commodity in the exchange market and the last time I check bitcoin still way above gold Euro and dollars so at that it will be an impossible mission for them.

we do not worry, although crypto is not accepted by some countries, but crypto is under the SEC, and under all instances that support crypto. and they will maintain the existence of the crypto world, the SEC always give tips to everyone, especially investors to be careful when choosing ICO as a place of investment.

when an ICO is coated with ponzi, scam, and bubble systems, then what happens is all crypto currencies will fall. downtrend, and also create an unstable market. the alternative is to always follow the direction and guidance of the SEC.

the bitcoin system will not be manageable and controlled, the regulation only regulates from outside the bitcoin system.

Accepting crypto does not mean it is controlled by banks nor governemnts but its is only allowed but still it is decentrelized.

no one can predict how the future and how the development of cryptocurrency in the future, but I think cryptocurrency has a very good potential.

Yes, the banking sector, the regulators etc. Are now into cryptocurrency and the worst thing they will do is manipulate the price just as the GOX whales does by flooding the market and we both know that something good usually come out of it for experience cryptoner. The best alternatives now is reading latest news about Bitcoin in other to know their plan so we could sell at the right time while we buy dip at the right time as well.

As Satoshi said: "I'm sure that in 20 years there will either be very large transaction volume or no volume."
If governments make it too difficult for people to obtain crypto, the general demand and therefore value obviously sinks.
I'm not saying it's likely, but it can't be ruled out!

They might access to a whole bunch of bitcoin and other crytocurrrencies which will give them a little bit of control over the whole crytocurrrency market but it's still decentralised so the can't fully regulate it

I think the best investment for the future. Because coins have now gone down, buying coins is best. It is the most suitable thing for the future. You can earn a profit later on. Your future will be very successful.

I agree with you, I choose to invest in bitcoin cause I know in bitcoin will help my future become successful and financially stable. Bitcoin gives me opportunity to achieve my goals in life and bitcoin gives me a decent life.

but you also have to know that you should never invest in bitcoin in a very long time, because the future of bitcoin we don't know when bitcoin will die and continue its career. so it is good for bitcoin investment but in the next 2 to 3 years

i have a very strong believe that the future holds greater things than are seen now for the crypto space and entirety. you can imagine what the blockchain technology has begotten and how much more will be begotten via the blockchain just as the internet made the world a global village with the click of buttons.

It's hard to determined if they will really accept and allow cryptocurrencies because until now they still against it and some countries banned cryptocurrencies. We might see that acceptance of government in cryptocurrencies in the future but now it is impossible.

We must follow the current trend, if we fight the flow, of course we will lose. Technical analysis is now unreliable, fundamental analysis is very influential now, make it a reference for moving forward

If they are buying BTC then sure they want the price to also rise. There is no stopping to crypto anymore, it banks wants to control it then they would have to control every coin that i created every now and then because that is the only they can hold. So what if the developers didn't do an ICO but just airdropped everything to certain individuals and then develop more to be utilized.

Must be optimistic that the development of crypto in the future will be more passionate and will have a large body of ico who will enliven crypto trade and many investors invest so that passion will grow again and many benefits will be received by anyone who joins and for those who have no optimism will be left behind only.

 Last year, the price of cryptocurrency increased strongly due to hyip. This year, if there are no fundamental changes in the adoption of cryptocurrency by the states, then their fate can be sad.

the wishes and expectations that you convey are very common that are said by crypto currency investors and in my opinion confidence and patience are the most important capital for that matter

I'm not sure about the future but for now and still for a little while I think it is good to invest in it but I honestly don;t know for how long. I'm afraid it won't be very stable in the future

Well it won't hurt to put in practical thinking along with your confidence and patience. For there will be a whole lot of options to be presented in the years to come with crypto but for me, just be logical with all the decisions you make. Think carefully about what the outcome of your decision may be.

My future choice is to invest in bitcoin only because I will inherit or use bitcoin as my future money so that's why I stand guard

yes we need to wait until there is a big change and the government's decision has a very big and important role to impact the movement of digital currencies globally. we will get better when the government fully supports the development of the digital currency in full.

the option of bitcoin is to build the hapiness of some people or should i say it is the way maybe to reach their goals or to overcome all trials especially to financial through bitcoin.

Future choices depend on what you are starting now, and how you try to fight for it, like some people who trade, some fail and then succeed, some fail, then just give up, it depends on whether we are right consistent with this. No need to be afraid of external factors, they are just trying to play our mentality

Futur be decided with the dependence of the future so we cannot say this will be happened in the next five years are 10 years so we can be definitely prepared for anything from today it will also be the good idea for each and every people to be get more prevented without any losses and making some huge profit.

my opinion that, next generation what can to at future we are don't know. at present bitcoin is so much popularity in world. accept also continue. so we are hoped that, bitcoin future is good. then we can do invest and earn money. i think bitcoin don't losses any one.

of Theory is difficult to believe
That banks agree to enter the BTC market to control and destroy them little by little
I do not think things are run that way
Where are the first BTC developers and innovators ?
They are still probably holding their currency.

i think By ruining the reputation of bitcoin/crypto in general, the average person would likely never touch it. thiss is the way bank will do

Nothing seems to change in the fiat world, debt keeps racking up, which to me makes it increasingly scary to hold big amounts on the bank account. They say in Europe there's a guarantee for 100k euro desposits, anything more than that is up to interpretation. So let's say that holds, you need to have a portfolio that spreads your assets around.

Property is very bad in some countries, with laws that benefit criminals jumping on it and staying on it for years while the judge delivers something. It's insane.

Bonds, well it's up to you if you think your government is going to hold up and increasing debt rates don't look to convincing.

Metals: Gold has been doing good but it's the same old thing.

Crypto: All crypto except Bitcoin is an insane gamble. Bitcoin is the sweet spot between crazy risk:reward ratios in the future without entering in asylum of altcoins.

Stocks: I would have some on S&P or your country's equivalent. Even if debt is crazy, you can't just go all in on Bitcoin.. so I don't see much else but to bet on the biggest companies still doing decent at least for a while.

In my opinion this statement is 50-50 because in some countries they can not give permission to use crypto due to non-tax and decentralization. so it is very hard to implementation is hard in future.