Who is Behind The Conspiracy to attack Bitcoin ?

[HitbtcSCAM]

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

Bitcoin has been hated by governments for years and there have been counties that have banned it and the price keeps going up. The price has dropped much for no real reason.
The only story is that there is some conspiracy by large money whales who are driving the price down so the little people loose and they make money.Do not sell or you will fall in the trap, fight the powers of conspiracy which are trying to control this movement

Look at the us stock market and how it is so overvalued even wallstreet bankers say the market will crash any time, what will happen with bitcoin
Look at how the us dollar is almost without value and the power is dying, what will happen to bitcoin when people run away from the dollar

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[figmentofmyass]

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.

[HitbtcSCAM]

the sellers now are the loosers, should be only buyers

[Baimovic]

bitcoin today has great challenges from the world and also in the future, I did not think a child born in 2009 and today has 9 years can to shake the world, make the world is afraid and worried bitcoin will dominate global finance. so I think this conspiracy is made by all those who dislike and hate bitcoin. they do so many ways that bitcoins die and are buried.

[benalexis12]

Yes it's a market cycles. remember we can see a good pump for next few weeks and months. Technology won't stop and cryptos will eventually pump like it's hot so hold your coins my friend.

[lizardbtc]

Fake news will always exit, you can't deny that it is hard to trust anybody nowadays from the influential media to social media websites as they all can twits their stories a bit. It is usual to see these things as people often use click bait headlines to lure more people to read their content and why not click on few ads along the way.

Yes it's a market cycles. remember we can see a good pump for next few weeks and months. Technology won't stop and cryptos will eventually pump like it's hot so hold your coins my friend.

What does hot even mean? Its like you are doing some marketing or something, you can say it is a current trend or something... We don't know for sure if there iwll be a good pump even. We can hope for one and some indicators are showing that it could be good and nothing else. Yet you see price is falling and dumping due to newcomers who see their loss for the first time and because they are second questioning and dubting themselfs.

[HasHe]

Yes these FUD spreaders would never stop.Earlier they used China to create FUD that it would ban bitcoin and when now, it's no more they try newer things to make new investors panic. This is an ongoing process.We being bitcoin holders for years could fight the conspiracy powers from making influence but we could not stop newbies getting panic for even small dips and destabilizing the bitcoin market as a whole.But this time after the entry of big firms through bitcoin futures,some suspicious movements are found in bitcoin price and no body could deny that.

[Rozita]

Whales are manipulating the market and they themselves are making some rumors, spreading bad news. They want prices to fall and more people to panic. Soon they will start to spread good news after they fill their pocket.

[ladydark]

Big whales usually use such tactics to make bitcoin price fall. They usually zoom any of negative news even if it is older to create uncertainty in the market. Also this time we could see something suspicious which has made abnormal fluctuations in the bitcoin price.This time might be wall street fat boys behind the scenes.

[Nfp]

Whales are manipulating the market and they themselves are making some rumors, spreading bad news. They want prices to fall and more people to panic. Soon they will start to spread good news after they fill their pocket.

Yes its probably true. I agree that those big time holders are the one who's manipulating the market value of bitcoin and spreading those FUD, to create a panic selling for those small time holders that causes of price dropping.

[Cryptoman69]

Conspiracy and confound would be a reason and use them to continue to manipulate, and also compete with the news to win prize so ultimately they have success.

[Beefcake]

I just want to point out that most of the news stories I see are written by people who obviously don't know a thing about bitcoins.  So take it with a grain of salt.

An article comes to mind.  There was an article about George Soros, the famous investor, saying bitcoin was in a bubble.  But he also admitted he knew nothing about cryptos.  This is the kind of nonsense I am talking about.  Price movement alone is meaningless.  What is driving the price move?  In this case we are seeing institutional investors such as hedge funds starting to get involved in crypto.

To understand the significance of institutional investors, you must also understand the scarcity of bitcoins.  XOM is a good example because its market cap is sometimes similar to bitcoin.  But it has over 4 BILLION shares outstanding, and more are printed all the time.  Bitcoin has a theoretical maximum of 21 million coins, with about 17 million already created.  That is the limit.  As many as 4 million bitcoins may be lost as well.

It used to be that $10k would move the bitcoin market, so what happens when a hedge fund managing 100 billion decides to put a small wager of 50 million into bitcoins?  And what happens when other hedge funds, seeing the price rise, also want to get in on the action?  The scale of assets available to market participants is worth knowing.

That being said I strongly suspect that the new wall street players are suppressing bitcoin prices ahead of certain actions.  Goldman is opening a bitcoin trading desk for example.  I don't have any proof, but the markets have been behaving differently the last month or so, and the big variable is wall street.  But anything is possible, it could be that Bitmain is up to no good again, or some governments are acting to control bitcoins.  Now that it is in the main stream, the game is changing.

[tomahawk9]

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

There's a good explanation for 1 and 2: the media. All these FUD comes from the media, they are the ones spreading lies, and misinformation, the media is being used by the 'big players' as tools to shake up the market whenever they want. These people have realized the power a headline from the news has over the entire cryptocurrency market (just look at what happened with the US regulators subpoena Bitfinex and Tether, the whole thing was an coordinated FUD attack since the news was 2 months old, but Bloomberg made it look like it was something recent, they had to edit the article with the correct date but, let's be honest, they released the original article on purpose to see how the market reacts, they're just following orders). And let's not forget the big whales, they're also part of the FUD campaign we've seen over the past few weeks.

And there's an incentive behind all of this, the media is trying to scare people off from cryptocurrencies while also helping the big players get cheap coins from the weak hands called panic sellers.

About the last point you mentioned, that's something that we've been hearing for a very long time, though lately, the majority of cryptocurrency users have reach a conclusion: regulations are needed, asap! so I'd say that nowadays people see regulations as something positive for cryptocurrencies, and they actually are because regulations will help give cryptos a lot more legitimacy in the eye of the general public.

[ncryptorai]

I just want to point out that most of the news stories I see are written by people who obviously don't know a thing about bitcoins.  So take it with a grain of salt.

There's your answer.

I have worked in various news media jobs in several countries and in my experience:

• Journalists often have little to no specialist knowledge of the subject they are reporting on
  
• They are under pressure to report headlines that get clicks on their websites, or viewers on tv
  
• Because of this they will sometimes ignore facts that dilute the impact of the headline (or disprove it)
  
• Because of a lack of knowledge they basically just regurgitate what 'experts' have said, which tends to favour the received wisdom (read: establishment viewpoint) of the age
  
• There does not have to be an organised conspiracy to create an observable phenomenon

That does not mean that some actors (whales) are not trying to manipulate via the media (oc they are)

[Dummsaus]

Maybe...Jesus?

[fogocut21]

But there is also alot of real news also. I agree though that people are overreacting now and that every bad news create a new panic. This however doesn't look like normal dips we have seen in the past, it looks like big forces are manipulating the market again.

[kioicoin]

Yes it's a market cycles. remember we can see a good pump for next few weeks and months. Technology won't stop and cryptos will eventually pump like it's hot so hold your coins my friend.

Some people are not optimistic about bitcoin because they are completely impatient. Things take time, waiting is the hardest part. It takes patience to make things happen naturally. They do not have the patience to wait for bitcoin to grow up step by step. So they also enjoy the fruits of waiting.

[HitbtcSCAM]

yes but the question is what group is trying to manipulate the price.2 months ago it was all good news and then when the price comes up high many people start talking about FUD false stories and then suddenly the price drops 60% on lies? Let us be realistic

[Pinoyfan]

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

Bitcoin has been hated by governments for years and there have been counties that have banned it and the price keeps going up. The price has dropped much for no real reason.
The only story is that there is some conspiracy by large money whales who are driving the price down so the little people loose and they make money.Do not sell or you will fall in the trap, fight the powers of conspiracy which are trying to control this movement

Look at the us stock market and how it is so overvalued even wallstreet bankers say the market will crash any time, what will happen with bitcoin
Look at how the us dollar is almost without value and the power is dying, what will happen to bitcoin when people run away from the dollar

Those group attacking bitcoin are those companys that are stepened when bitcoin rise. We all know that it is more wise to buy bitcoin than investing too much time or count years in  lifetime insurance company. In bitcoin you can see your outcome fast than those companys that making bad rumors about bitcoin.

[AltcoinAuthority]

What are you saying is true because the governments dont really have the time to bann bitcoin and anyway that would be a pretty hard thing for them tp do and it will waste a lot of time wich they can use for more important problems. We dont know who is behind those people that dump and bump bitcoin but we doare know one thing and that's that everytime the price went down it came up and rised even higher than ever. Thats what ALWAYS happened if you check the market in the periods that bitcoin dropped. So, we just have to wait dont know how much time but I think pretty soon the price will blow up and increase to a value of over 15.000$

It's not impossible to know who or what is behind the conspiracy of Bitcoin. The person or thing needs to show the proof and we'll get the answer. As for now, we do not know.