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Author Topic: Governments manipulating Crypto Economies!?  (Read 330 times)
Stedsm (OP)
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February 09, 2018, 05:02:01 PM
 #1

As we can see that after the overwhelming 2017 when bitcoin and alts used to rock everybody with the enormous returns that they gave, everything relevant to this caught the eyes of many Governments and bitcoin also got considered as a matter of topic to be discussed about, in many official meetings held by these governments. The way these people came up with their so-called negative comments and some very sophisticated, yet confusing statements that bitcoin is ponzi and we will not give it the position of a legal tender - made every bitcoiner think that they'll actually ban it. And such mess created a lot of panic in markets where only sells took place.

When people are looking it as a matter of worry, I think that Governments just tried to create panic in markets to purchase Bitcoins themselves at these cheaper values, and once the chaos gets settled, the value will bounce to such a level where small investors won't be able to buy Bitcoins. What do you think? Do you agree with what I think? I think buying at current rates when some "fools" are selling it is the best option to earn great profits this year alone as Investors are predicting that bitcoin may go to $25000 during mid-2018.

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February 09, 2018, 09:52:06 PM
 #2

As we can see that after the overwhelming 2017 when bitcoin and alts used to rock everybody with the enormous returns that they gave, everything relevant to this caught the eyes of many Governments and bitcoin also got considered as a matter of topic to be discussed about, in many official meetings held by these governments. The way these people came up with their so-called negative comments and some very sophisticated, yet confusing statements that bitcoin is ponzi and we will not give it the position of a legal tender - made every bitcoiner think that they'll actually ban it. And such mess created a lot of panic in markets where only sells took place.

When people are looking it as a matter of worry, I think that Governments just tried to create panic in markets to purchase Bitcoins themselves at these cheaper values, and once the chaos gets settled, the value will bounce to such a level where small investors won't be able to buy Bitcoins.

Oh, again with the tinfoil hat....
How do governments buy BTC, how can they even do that?
The US just sold 3600BTC a few days ago through the USMS, that's not in line with your theory.
And forget that, what is this "gubbermint" ?  Ten years ago we changed 3 governments in one year!! How would that work in buying bitcoins?

Quote
the value will bounce to such a level where small investors won't be able to buy Bitcoins.

One of the problem detected. "Investors". Now I start to understand a bit but unfortunately more comes to make for.

If you buy today 200$ of btc then bitcoin spikes x10 in price, tomorrow you can still buy 200$ worth of btc.
What are you afraid of? That because of this conspiracy the price will bounce to a higher level , never reached before?
I don't have a problem with it, do you?


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February 09, 2018, 09:56:07 PM
 #3

As we can see that after the overwhelming 2017 when bitcoin and alts used to rock everybody with the enormous returns that they gave, everything relevant to this caught the eyes of many Governments and bitcoin also got considered as a matter of topic to be discussed about, in many official meetings held by these governments. The way these people came up with their so-called negative comments and some very sophisticated, yet confusing statements that bitcoin is ponzi and we will not give it the position of a legal tender - made every bitcoiner think that they'll actually ban it. And such mess created a lot of panic in markets where only sells took place.

When people are looking it as a matter of worry, I think that Governments just tried to create panic in markets to purchase Bitcoins themselves at these cheaper values, and once the chaos gets settled, the value will bounce to such a level where small investors won't be able to buy Bitcoins. What do you think? Do you agree with what I think? I think buying at current rates when some "fools" are selling it is the best option to earn great profits this year alone as Investors are predicting that bitcoin may go to $25000 during mid-2018.

Government has the power to lead its territory or country in terms of using bitcoin, they can easily banned it or they can easily let people use it. Yet there are no assurance that they will be able to provide the price for each of cryptocurrency. It is still by chance, if there are so many buyers, then they might decrease the price, and then if there are no buyers, they will make the price high. It circulates like blood, they need to balance the system so that no problem might come in the future.

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February 09, 2018, 10:18:29 PM
 #4

Government  has power  to manipulate  and control  the crypto currency market, through news release related to fear of bitcoin banned  or regulations.
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February 10, 2018, 03:50:00 PM
 #5

Oh, again with the tinfoil hat....
How do governments buy BTC, how can they even do that?
The US just sold 3600BTC a few days ago through the USMS, that's not in line with your theory.
And forget that, what is this "gubbermint" ?  Ten years ago we changed 3 governments in one year!! How would that work in buying bitcoins?

Give me one reason why can't they?
And even if they are not buying it, they might be supporting some big "Industrialists" of their own country by trying to "demotivate" traders through critical statements over cryptocurrencies, which manipulates the whole economy because once Bitcoin goes down being major currency in crypto world, we see others following it through red candles be it in Bitcoins or fiat.
Changing any of them doesn't mean that they'll stop their devilish FUD activities, as they're obsessed to money.

Quote
One of the problem detected. "Investors". Now I start to understand a bit but unfortunately more comes to make for.

If you buy today 200$ of btc then bitcoin spikes x10 in price, tomorrow you can still buy 200$ worth of btc.
What are you afraid of? That because of this conspiracy the price will bounce to a higher level , never reached before?
I don't have a problem with it, do you?

I don't have any problems, but what about the future investors who will miss the train by believing in Governments or become scared of whatever they say? What if they don't invest currently thinking that a ban might come ahead in future? This is what these Officials are trying to graph it out over the markets and we literally saw its effects.

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February 10, 2018, 05:00:53 PM
 #6

Oh, again with the tinfoil hat....
How do governments buy BTC, how can they even do that?
The US just sold 3600BTC a few days ago through the USMS, that's not in line with your theory.
And forget that, what is this "gubbermint" ?  Ten years ago we changed 3 governments in one year!! How would that work in buying bitcoins?

Give me one reason why can't they?
And even if they are not buying it, they might be supporting some big "Industrialists" of their own country by trying to "demotivate" traders through critical statements over cryptocurrencies, which manipulates the whole economy because once Bitcoin goes down being major currency in crypto world, we see others following it through red candles be it in Bitcoins or fiat.
Changing any of them doesn't mean that they'll stop their devilish FUD activities, as they're obsessed to money.

Simple, because governments would need to go and buy the crypto from somewhere with money.
Now, since government A did this and government B comes to power, leaving with those cryptos would mean jail time and handling over to the next government would mean they are also in cahoots ,and all of them till the next century.

Secondary, for all this to happen you need an enormous chain, you need a bigger cover-up than area 51 , because it involves people from the outside this time and handling all this (fud,allocating funds,buying crypto,storing them, transferring them) will leak in a matter of months.

And, once the government has bought those coins....what are they going to use for?
Because it's nice to launch a theory but you must follow with it to the end.
They planned all this so they could invest the citizens money, buying low and then inflating the price to...increase the national budget?
Oh my god, I'm more than happy with that!!!!!


One of the problem detected. "Investors". Now I start to understand a bit but unfortunately more comes to make for.

If you buy today 200$ of btc then bitcoin spikes x10 in price, tomorrow you can still buy 200$ worth of btc.
What are you afraid of? That because of this conspiracy the price will bounce to a higher level , never reached before?
I don't have a problem with it, do you?

I don't have any problems, but what about the future investors who will miss the train by believing in Governments or become scared of whatever they say? What if they don't invest currently thinking that a ban might come ahead in future? This is what these Officials are trying to graph it out over the markets and we literally saw its effects.

Who cares about them? Why do we all have to "invest" in bitcoins? This is not some social experiment where all most get in.
If they are stupid enough to be influenced by some news without doing a tiny bit of research first then there is no point in getting rich, they are going to lose those money in a year and go back to poverty.

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February 10, 2018, 05:13:42 PM
 #7

Who cares about them? Why do we all have to "invest" in bitcoins? This is not some social experiment where all most get in.
If they are stupid enough to be influenced by some news without doing a tiny bit of research first then there is no point in getting rich, they are going to lose those money in a year and go back to poverty.

That's the sad thing. Even though bitcoin's sytem is decentralized and is not under the government's banking, they can still do certain steps to somehow ban bitcoin in their own country. They can do some regulations or banning. So in way they can control for their own country.  But it still depends on the government of the country.
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February 10, 2018, 06:39:55 PM
 #8

Simple, because governments would need to go and buy the crypto from somewhere with money.
Now, since government A did this and government B comes to power, leaving with those cryptos would mean jail time and handling over to the next government would mean they are also in cahoots ,and all of them till the next century.

Secondary, for all this to happen you need an enormous chain, you need a bigger cover-up than area 51 , because it involves people from the outside this time and handling all this (fud,allocating funds,buying crypto,storing them, transferring them) will leak in a matter of months.

And, once the government has bought those coins....what are they going to use for?
Because it's nice to launch a theory but you must follow with it to the end.
They planned all this so they could invest the citizens money, buying low and then inflating the price to...increase the national REVENUE?
Oh my god, I'm more than happy with that!!!!!

FTFY.
They literally know that people have gone crazy behind this. So give me one single reason for them not to take advantage of it?
Why would they ^increase their country's national REVENUES^ when they know they can fill their pockets by riding the wave that's being created by them only?


Quote
Who cares about them? Why do we all have to "invest" in bitcoins? This is not some social experiment where all most get in.
If they are stupid enough to be influenced by some news without doing a tiny bit of research first then there is no point in getting rich, they are going to lose those money in a year and go back to poverty.

I'm not talking about those who're already in Bitcoins, and why don't we need "socialism" in crypto?
What do you mean by mainstream then? Why are we trying to "gain" everybody's interest in crypto?
In the end, we all want them to "buy" because that's how it had been working since years and is going to work for decades.
I'm talking about those noobs who are trying to learn about the technology and are now scared of the same, not even taking interest in it - not because of its value but because of these non-sensical confusing announcements that people like you and me are able to understand, but they aren't.
We are losing investors. Think once! Wink
Even if you'd buy it, you'd probably do it with the purpose of selling it for higher one day considering that it's not less than an asset currently, don't you think that you'll need a "buyer" to buy at those jerky high values?

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February 10, 2018, 06:56:07 PM
 #9

I think it is not about fud, speculation, manipulation etc from a broader view, it is just the way for these cryptocurrencies to be adopted by other institutions and governments. It shakes the market but it is normal.
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February 10, 2018, 07:14:06 PM
 #10

Seems like they would have to go through a lot of effort to just change the market in an insignificant way. Reality is that they don't have any control over the market. At most, they could try to "Ban" cryptos which would drive the prices down temporarily due to FUD.

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February 10, 2018, 07:28:12 PM
 #11

I had to cut the previous answer, the text was too long and it was pain to edit it.

FTFY.
They literally know that people have gone crazy behind this. So give me one single reason for them not to take advantage of it?
Why would they ^increase their country's national REVENUES^ when they know they can fill their pockets by riding the wave that's being created by them only?

You realize that this would mean going against the law.
Filing their pockets in this fashion leads to some nasty punishments.
From a few decades in prison to a bullet in the head on a stadium in China.

And don't get me started with politicians that get away, here we have thousands of them in prison for bribery.
It's far to risky than simply do a bit of lobby and speeches around the country

The problem with this model is that they take risks, enormous risks.
Let's say Germany starts the FUD. They fill their pockets but next day they wake up and see that half of Europe has done the same and cryptos are 1/10 of the value. Do you really think they would risk their own money is such a scheme?

Now, if you say that they do this for personal gains, then there is no "government" in this equation.
You should have said politicians. Not the government body.
Some politicians do this to buy bitcoins, that would be far more appropriate to the scheme your presenting.


I'm not talking about those who're already in Bitcoins, and why don't we need "socialism" in crypto?
What do you mean by mainstream then? Why are we trying to "gain" everybody's interest in crypto?
In the end, we all want them to "buy" because that's how it had been working since years and is going to work for decades.
I'm talking about those noobs who are trying to learn about the technology and are now scared of the same, not even taking interest in it - not because of its value but because of these non-sensical confusing announcements that people like you and me are able to understand, but they aren't.
We are losing investors. Think once! Wink
Even if you'd buy it, you'd probably do it with the purpose of selling it for higher one day considering that it's not less than an asset currently, don't you think that you'll need a "buyer" to buy at those jerky high values?

Mainstream adoption is not everybody investing in it!!!!
Actually I have quite the opposite view on this.

Investors in Bitcoin might lead to slower adoption as people do more hodl than spend.
If this model goes to extreme we might end up with one hundred million bitcoin hodlers and no merchant accepting them cause it makes no sense to accept something nobody is willing to use to pay for stuff.

As for noobs interesting in technology....this forum is the best (or worse) example for it.
I really want to hear your opinion on this, in terms of percentages, how many do you think are interested in the technology and how many on grabbing 1 cent coins worth a million in a month?

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OMGyasuo
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February 10, 2018, 07:33:44 PM
 #12

As we can see that after the overwhelming 2017 when bitcoin and alts used to rock everybody with the enormous returns that they gave, everything relevant to this caught the eyes of many Governments and bitcoin also got considered as a matter of topic to be discussed about, in many official meetings held by these governments. The way these people came up with their so-called negative comments and some very sophisticated, yet confusing statements that bitcoin is ponzi and we will not give it the position of a legal tender - made every bitcoiner think that they'll actually ban it. And such mess created a lot of panic in markets where only sells took place.

When people are looking it as a matter of worry, I think that Governments just tried to create panic in markets to purchase Bitcoins themselves at these cheaper values, and once the chaos gets settled, the value will bounce to such a level where small investors won't be able to buy Bitcoins. What do you think? Do you agree with what I think? I think buying at current rates when some "fools" are selling it is the best option to earn great profits this year alone as Investors are predicting that bitcoin may go to $25000 during mid-2018.
I think those who own a large number of btc also have the ability to influence the crypto market. Governments too, if they own large amounts of btc. But only one government of a country is unlikely to do so. And we never like that.

Fennishlassy@gmail.com
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February 10, 2018, 07:34:39 PM
 #13

Yeah theyll certainly try but they wont be able to do it so easiky once crypto market is trillions of dollars, once it hits thst level it will be extremely difficult
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February 11, 2018, 12:40:29 AM
 #14

As we can see that after the overwhelming 2017 when bitcoin and alts used to rock everybody with the enormous returns that they gave, everything relevant to this caught the eyes of many Governments and bitcoin also got considered as a matter of topic to be discussed about, in many official meetings held by these governments. The way these people came up with their so-called negative comments and some very sophisticated, yet confusing statements that bitcoin is ponzi and we will not give it the position of a legal tender - made every bitcoiner think that they'll actually ban it. And such mess created a lot of panic in markets where only sells took place.

When people are looking it as a matter of worry, I think that Governments just tried to create panic in markets to purchase Bitcoins themselves at these cheaper values, and once the chaos gets settled, the value will bounce to such a level where small investors won't be able to buy Bitcoins. What do you think? Do you agree with what I think? I think buying at current rates when some "fools" are selling it is the best option to earn great profits this year alone as Investors are predicting that bitcoin may go to $25000 during mid-2018.

Really interesting theory,but i guess that the all crypto currencies aren't profitable for governments. So they can't manipulating this, but it's only my opinion.
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February 11, 2018, 12:59:20 AM
 #15

Um, of course it's profitable for governments.   It's more profitable for them to keep everything the same, with most of the money flowing through banks.   Crypto is a TAX nightmare for any government.   

IRS agent: How much money did you make this year?

bitcoiner: oh, between 1 and 300 btc, but let's just say 2 btc.   Trust me. 

 Smiley

sent from my X6
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February 11, 2018, 01:00:07 AM
 #16

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February 11, 2018, 07:27:27 AM
 #17

it is possible that what you said is true.
the government can spread issue that they will ban, and causing bitcoin and other crypto price fall.
and they buy bitcoin and other crypto as well with the low price,
and they say they dont want to ban bitcoin.  Shocked
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February 11, 2018, 07:33:58 AM
 #18

As we can see that after the overwhelming 2017 when bitcoin and alts used to rock everybody with the enormous returns that they gave, everything relevant to this caught the eyes of many Governments and bitcoin also got considered as a matter of topic to be discussed about, in many official meetings held by these governments. The way these people came up with their so-called negative comments and some very sophisticated, yet confusing statements that bitcoin is ponzi and we will not give it the position of a legal tender - made every bitcoiner think that they'll actually ban it. And such mess created a lot of panic in markets where only sells took place.

When people are looking it as a matter of worry, I think that Governments just tried to create panic in markets to purchase Bitcoins themselves at these cheaper values, and once the chaos gets settled, the value will bounce to such a level where small investors won't be able to buy Bitcoins. What do you think? Do you agree with what I think? I think buying at current rates when some "fools" are selling it is the best option to earn great profits this year alone as Investors are predicting that bitcoin may go to $25000 during mid-2018.

There is always the suspicion that the governments are panicking about the cryptocurrency situation and trying to stop it when it still hasn't grown fully mature yet. However, to be honest they're probably just sad that they aren't taxing any of this.

There is also a likelihood that they are trying to keep bitcoin's price artificially do, which they have known to do with commodities such as silver in the past (or at least a lot of people believe them to do so).

It makes sense, but there's no proof. In the end, it's your decision to invest, and bitcoin's future is bright no matter what governments say or do.
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February 11, 2018, 07:37:00 AM
 #19

Governments want to have their hand in everything in order to control the mass population. We know this is going on for so long and I wouldn't be surprised if they collude with the banks to drive the price of Bitcoin up and down at their will and in private are probably amassing tons of it. Also because most people are dumbed down by the mass media which is the organism controlling the populations used by governments, they always live in fear and thus are so quick in selling Bitcoin and panicking when the markets are moving downwards because this is what governments want. They want us always to live in fear and just hype up Bitcoin enough so we can buy in again and trapped and buy high and sell low to make them all so much richer.


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February 11, 2018, 07:43:17 AM
 #20

Indeed, if the government wants to buy the bitcoin, so the best way is to release the relevant bitcoin and cryptocurrency market of bad news, so this time a large number of purchase cost is lower, I have been in doubt the problem.

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