Trading Conspiracy Theory - Bitcoin

[Kakmakr]

We have not seen bad news lately, but most Crypto currencies are losing value. We have to ask ourselves, why that might be?

The theory is that Wall Street traders are using Institutional Capital <other people's money> to create a favourable environment for them to buy bitcoins for themselves.

The South Korean clamp down is just FUD that are being used as an excuse to dump some coins. <not their own> There is no threat, because the South Korean government is just tightening regulations to protect their consumers from unregulated exchanges.

We know Wall Street traders are getting large Bonuses in January and some of them might invest some of that money into Bitcoin for themselves. Why would they not manipulate small markets like Bitcoin <with other people's money> to buy cheaper  bitcoins for themselves? <Dumping coins to push down the price and then buy cheap coins for themselves and then buying coins again with other people's money, driving the price up again and then selling their coins at a large profit?>

What do you think?  

[Dread Pirate Roberts]

We have not seen bad news lately, but most Crypto currencies are losing value. We have to ask ourselves, why that might be?

The theory is that Wall Street traders are using Institutional Capital <other people's money> to create a favourable environment for them to buy bitcoins for themselves.

The South Korean clamp down is just FUD that are being used as an excuse to dump some coins. <not their own> There is no threat, because the South Korean government is just tightening regulations to protect their consumers from unregulated exchanges.

We know Wall Street traders are getting large Bonuses in January and some of them might invest some of that money into Bitcoin for themselves. Why would they not manipulate small markets like Bitcoin <with other people's money> to buy cheaper  bitcoins for themselves? <Dumping coins to push down the price and then buy cheap coins for themselves and then buying coins again with other people's money, driving the price up again and then selling their coins at a large profit?>

What do you think?  

But now south korean already had legal new rules in their country . every exchange in there should only for korean citizen .
arbitrage in south korea not much many as we think . their bank . process withdraw not as simple normal country . i am ask about it in their korean lounge in bitcointalk and they said clearly .
i think they take advantage from fee trading not from btc price.

[coinsensus]

We have not seen bad news lately, but most Crypto currencies are losing value. We have to ask ourselves, why that might be?

The theory is that Wall Street traders are using Institutional Capital <other people's money> to create a favourable environment for them to buy bitcoins for themselves.

The South Korean clamp down is just FUD that are being used as an excuse to dump some coins. <not their own> There is no threat, because the South Korean government is just tightening regulations to protect their consumers from unregulated exchanges.

We know Wall Street traders are getting large Bonuses in January and some of them might invest some of that money into Bitcoin for themselves. Why would they not manipulate small markets like Bitcoin <with other people's money> to buy cheaper  bitcoins for themselves? <Dumping coins to push down the price and then buy cheap coins for themselves and then buying coins again with other people's money, driving the price up again and then selling their coins at a large profit?>

What do you think?  

Or maybe the Banks are trying to destabilize the markets with huge pumps/dumps attacks.

[8270thNinja]

We have not seen bad news lately, but most Crypto currencies are losing value. We have to ask ourselves, why that might be?

The theory is that Wall Street traders are using Institutional Capital <other people's money> to create a favourable environment for them to buy bitcoins for themselves.

The South Korean clamp down is just FUD that are being used as an excuse to dump some coins. <not their own> There is no threat, because the South Korean government is just tightening regulations to protect their consumers from unregulated exchanges.

We know Wall Street traders are getting large Bonuses in January and some of them might invest some of that money into Bitcoin for themselves. Why would they not manipulate small markets like Bitcoin <with other people's money> to buy cheaper  bitcoins for themselves? <Dumping coins to push down the price and then buy cheap coins for themselves and then buying coins again with other people's money, driving the price up again and then selling their coins at a large profit?>

What do you think?  

Yes, Somehow I agree on that part, They are businessmen after all and they are after the money and profit. There is a theory that i read here about Wall Street sucking out the money in Bitcoin and I think it is happening now. Maybe, they are just doing it slowly so cryptocurrency enthusiasts will not be shocked on the "possible" Bitcoin crash. Anyway, I think it still will not happen, If Bitcoin price will go down, a lot of new Investors will come in to buy it, it will be a cycle , I hope the community will do something about this if this theory is true.

[davis196]

I think that the attack isn`t coming from Wall Street.It`s coming from some group of big crypto whales,who are pumping ethereum and dumping bitcoin.The ethereum price went from 500 to 1200 USD for less than a month and i see that some people are pretty optimisitc about it.They predict that it will reach 7000 USD.
The whales are selling btc and buying eth on a massive scale.

[jseverson]

We have not seen bad news lately, but most Crypto currencies are losing value. We have to ask ourselves, why that might be?

The theory is that Wall Street traders are using Institutional Capital <other people's money> to create a favourable environment for them to buy bitcoins for themselves.

The South Korean clamp down is just FUD that are being used as an excuse to dump some coins. <not their own> There is no threat, because the South Korean government is just tightening regulations to protect their consumers from unregulated exchanges.

We know Wall Street traders are getting large Bonuses in January and some of them might invest some of that money into Bitcoin for themselves. Why would they not manipulate small markets like Bitcoin <with other people's money> to buy cheaper  bitcoins for themselves? <Dumping coins to push down the price and then buy cheap coins for themselves and then buying coins again with other people's money, driving the price up again and then selling their coins at a large profit?>

What do you think?  

Do you have a source for this? News articles are saying that the South Korean Government wants to ban trading through exchanges, which is basically what China did, and that sent Bitcoin crashing. There was also a recent raid on their biggest exchanges for apparent tax evasion.

I don't know about this conspiracy theory though. Everything is in the reds, yes, but this is not the first time that has happened. Simply saying Wall Street could be behind it just because they're about to get their bonuses feels like a stretch to me. But oh well, no one really knows the precise causes of these price swings anyway.

[HeRetiK]

Honestly? I don't see any reason to believe in an attack on Bitcoin or in a conspiracy theory to keep Bitcoin down. All I see is consolidation in an already overbought market. If anything it makes me wonder how much of the recent growth was organic. Both in regards to BTC and the alt market. I'm still fairly confident about crypto in general, I also see the South Korea headlines mostly as FUD, but a conspiracy? Nah...

[pawanjain]

I think that the attack isn`t coming from Wall Street.It`s coming from some group of big crypto whales,who are pumping ethereum and dumping bitcoin.The ethereum price went from 500 to 1200 USD for less than a month and i see that some people are pretty optimisitc about it.They predict that it will reach 7000 USD.
The whales are selling btc and buying eth on a massive scale.

This might be the thing as I was thinking the same thing. ETH recently had a good spike and went upto $1400 in a few weeks.
Bitcoin on the other hand was around $17000 a month ago and now it's just about $13000 . This couldn't be a coincidence.
We can see that the money is flowing towards Altcoins and ICOs. I think ETH is having a spike in it's price because of the ICOs.
Many people are investing in ICOs these days and many major ICO tokens are seeing a good spike. Things are being tough for BTC now and there should be a really positive news in the market for BTC to see a spike in its price.

[audaciousbeing]

We have not seen bad news lately, but most Crypto currencies are losing value. We have to ask ourselves, why that might be?

The theory is that Wall Street traders are using Institutional Capital <other people's money> to create a favourable environment for them to buy bitcoins for themselves.

The South Korean clamp down is just FUD that are being used as an excuse to dump some coins. <not their own> There is no threat, because the South Korean government is just tightening regulations to protect their consumers from unregulated exchanges.

We know Wall Street traders are getting large Bonuses in January and some of them might invest some of that money into Bitcoin for themselves. Why would they not manipulate small markets like Bitcoin <with other people's money> to buy cheaper  bitcoins for themselves? <Dumping coins to push down the price and then buy cheap coins for themselves and then buying coins again with other people's money, driving the price up again and then selling their coins at a large profit?>

What do you think?  

Like you have rightly titled, its a theory because there is no evidence to back it up. This analogy is very much reasonable as to what is going on because traders on Wall Street can go to any length to turn out profit for themselves but some part of the theory is where I am seeing some gap and would be glad if you can help fill it.

1. If the traders are expecting bonuses in January which means that some would have been collecting theirs already and they are investing in bitcoin, then price should be increasing and not what is going on now and if they are driving down the price, how exactly are they doing it?

2. Before the South Korea news which you regarded as FUD, price has been falling gradually since last year, what were the traders spreading at the time?

[Kakmakr]

What makes this even stranger is that the Ethereum price is climbing, even though several bugs has been reported in the code. The Ethereum network has several technical problems, like the "gas oracle" fee problem and also Blockchain syncing issues, but the price is still climbing.

There are even problems with the Casper test network, where nodes cannot connect to the Blockchain. <Future scaling problems>

So why are we seeing the Bitcoin price declining and the bugcoin, Ethereum climbing? Someone is definitely manipulating the markets at the moment. If these bugs were found in Bitcoin, the price would have crashed. ^hmmmmm^

[Beerwizzard]

We know Wall Street traders are getting large Bonuses in January and some of them might invest some of that money into Bitcoin for themselves. Why would they not manipulate small markets like Bitcoin <with other people's money> to buy cheaper  bitcoins for themselves? <Dumping coins to push down the price and then buy cheap coins for themselves and then buying coins again with other people's money, driving the price up again and then selling their coins at a large profit?>

What do you think?  

Those guys already have beethoven futures so they don't even need to buy BTC because those futures are in USD. The traditional investors are still too conservative to buy bitcoin by themselves. They can get the profits without buying BTC and dealing with crypto related services. They also don't need to drop the price to get  a good profit.
As you already mentioned the news from asian region are nothing more than just a fud. For example today on the reputable news website I've seen that china is trying to leave miners without electricity.

[Renal]

Many stories have been spoken and written about Bitcoin. Yet there are some story breakers that remain a mystery to everyone. No one knows for sure who the creator of Bitcoin is, or why it is designed in the way it is now. Some conspiracy theories about Bitcoin have appeared on the Internet over the past few years, some of which appear more credible than other stories.

[BrewMaster]

not only this is true but also this has been happening for a very long time. and it is not just Wall Street dudes, it is every person or group with any kind of power and the ability to manipulate the market in any way, they will take that opportunity and use it as much as they can.

bitcoin is not really that small anymore, they can buy large amounts of it and considering the potential of another huge rally this year anyone is tempted to do this kind of manipulation.

the smaller versions are idiots who create throwaway accounts to call bitcoin "Ponzi" scheme each time it gets a dip, and a bigger version is people like Jaimie Dimon calling bitcoin fraud and other stuff each time he is on...

[nikjain422]

Probably that's the nature of trading.This is not the first time that pumping and dumping has happen with bitcoin and other coin.Recent example was with bitcoin cash.This is not coincidence,it is purposely done.I don't know whether they are from wall street of from bitcoin community but one think is for sure they are very powerful.One think is for sure this people are someone who wants there ICO's to get good response  and they are successfully doing it.

[mOgliE]

Well..

I must say that I don't believe in your theory. All your arguments seem valid but... I don't know, I think that traders and institutionnal banks have other matters to deal with, before considering bitcoin. I don't say that they are not interested in it, they may even see it as a potential threat... But for the moment it is far from jeopardizing their market so I don't think they can use such strategy...

Of course, I am quite far from this environnement (and quite opposed to its "rules"), so I may as well be completely wrong.

[kaizerblitz]

I believe the Buy rumors Sell news i think others are Fake news to panic others. Like happen in South Korea just another fake news and it came to panic selling there cryptocurrency hold others traders in South Korea.

[talkbitcoin]

We know Wall Street traders are getting large Bonuses in January and some of them might invest some of that money into Bitcoin for themselves.

^^ this.

the trading volume has been high even with all the slowness that is happening in bitcoin and all the money that has been joining the altcoin pumps.
and despite all that and with all the FUD about bitcoin not only this volume didn't drop that much but also the price is holding up pretty nicely.

this can simply mean a lot of money is being injected into bitcoin from different sources.
would they spread the FUD to keep the price low that way? yes of course. that is how they have always done it.