Governments manipulating Crypto Economies!?

[Stedsm]

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.

[1715432388]

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[1715432388]

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[stompix]

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?

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?

[Lorence.xD]

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.

[iagyei259]

Government  has power  to manipulate  and control  the crypto currency market, through news release related to fear of bitcoin banned  or regulations.

[Stedsm]

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.

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.

[stompix]

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.

[Ahimoth]

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.

[Stedsm]

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?

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!
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?

[rayk]

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.

[CryptoJoshua]

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.

[stompix]

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!
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?

[OMGyasuo]

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]

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

[romandos86]

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.

[Dapper]

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. 

 

[Sapnuji@]

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[levvv]

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. 

[magneto]

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.

[qiwoman2]

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.

[Jimmy palumbo]

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.

[Pursuer]

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.

there are two different subjects that I feel like it should be explicitly mentioned whenever we are talking about this subject.
1. bitcoin as a decentralized currency that people can use to buy stuff whenever they want.
2. bitcoin as an investment where people go to exchanges and register, do a bank transfer and buy/sell it for profit.

the first one has nothing to do with anything the governments and all these committees are talking about. they can not do anything about that.
the second one is not directly related to what they say but it is affected by it a lot. because most people are only in it for the money so they will find it hard and even impossible to continue making money if the government banned bitcoin. which is one of the reasons why the dumps happen too.

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.

what would be the goal? to make profit from trading bitcoin? I don't think so because the profit is not that much due to size of the market (no the amount it rises).
to kill bitcoin? not at all because even if you manipulate bitcoin price as much as you can, you still won't be able to put a dent in its existence.

[savushkinTA]

It's not good business by a financial exchange to have people go by just hints or rumors. That just isn't a responsible or professional way for a financial exchange to do business by. It's fine to give hints or rumors, but once it's actually ready, you let people know of the date and time so that people can prepare and so that it doesn't adversely affect the other markets that you already offer.

[Quantumplation]

NOTE: This message was originally not posted by me, but instead by someone who compromised my account.  I have deleted the content.

[Whibu]

I really agree with your opinion, I also think that way, it's just a game of government drama to shake up the bitcoin price and lower the bitcoin price to fall in the cheap price, and it is also true that this is a very good opportunity to buy and hold up to the price reaches the peak go month, i'm sure it's all.

[rockyfeller]

I really agree with your opinion, I also think that way, it's just a game of government drama to shake up the bitcoin price and lower the bitcoin price to fall in the cheap price, and it is also true that this is a very good opportunity to buy and hold up to the price reaches the peak go month, i'm sure it's all.

All this FUD'S will gone soon. Governments should react like that so bitcoin will dump and ofcourse after many FUD news they will reverse the situation and to think they are buying on dips so better to buy on dips before it pump.

[Pattart]

Government  has power  to manipulate  and control  the crypto currency market, through news release related to fear of bitcoin banned  or regulations.

They don't have that much power over Bitcoin. Average people might think that they do though the average person is the one holding the coins.

I think indirect government can manipulate the price of cryptocurrency dude. you can see a tremendous impact on the cryptocurrency market when all governments in some countries are compact to ban cryptocurrency. and after that the cryptocurrency market becomes crazy and messed up. maybe will give a good effect to the market when the government wants to legalize cryptocurrency.

[HitbtcSCAM]

In 2013 it was public knowledge that the us government controlled 8o% of bitcoin , controlled meaning they held 80%.Why , becasue they are the inventor of bitcoin as the russian reporter said and was laughed at by the deceived people.The CIA created bitcoin, that is why it is good to invest in it.They will only grow this thing becasue it is their creation to control and spy on people finances like they can not do with cash

[DAOfan]

I don't agree that governments are manipulating the price of bitcoin, but I do believe in something much much worse. Governments can easily ban bitcoin, so it is not a real threat.

Instead, governments plan to let the cryptocurrency craze create a bunch of useful blockchain technology. They will use the blockchain to record every single transaction you make and tax you accordingly. They can analyze the data for money laundering or if they find you purchased something that wasn't government approved. Ledger technology is the government's wet dream. Why would they try to stop it?

[xieqieshangu9]

I think there is a possibility.

The government does not do these things by itself, they buy and sell digital money through the consortium they control!

Because of the hidden nature of digital currency, people have no way to find the direction of digital currency.

[Pamela Jobelle]

Every government has the power to manipulate the flow of money. There is 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.

[jrrsparkles]

I don't think governments are manipulating the crypto currencies,since it is a decentralized economy but they are trying to control it in the name of regulation,blah,blah.But still no one can control it,if prople want to use it they can but only the price may fall if more governments restricts the bitcoin.

[criticoflife]

i also have to wonder if north korea meddles with bitcoin also because it is well known that they have a quite advanced elite hacking division in there military. Every time i see an exchange got hacked like the one in Japan recently that springs to my mind. But that aside i agree with you, i am not selling i am holding at least 1 btc just in case that scenario eventuates

[captin crunch]

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.

Yeap, it is not very good scenario, but I am almost sure, that some people are manipulating with the market and try to influence the price, in order to get benefit.

[ApocalypseNow]

Because that's where they are good at. Telling their people that they are safe but they are ensuring their own families full protection when there's bad situations like terrorism is happening so whether it's true or not, it is expected.

[Walrus1]

The US alone is 20 trillion in debt. Btc to them is nothing. Tax revenue sure, I guess it's possible they could move crypto to fund black ops but history shows they like to deal cocaine and weapons to fund slush funds. Public ledgers wouldn't interest them

[Tonygold1967]

Government  has power  to manipulate  and control  the crypto currency market, through news release related to fear of bitcoin banned  or regulations.

I do not know whether all this restrictions where manipulations, but they influenced the crypto market very much.

[Fundamentals Of]

While I am also with the idea that cryptos are to a certain extent decentralized and are independent of the governments, the truth is that the governments have a lot of leeway if they want to interfere in the natural movements of cryptos. This will lead us to conclude that governments can, in one way or another, manipulate the crypto economy. There are so many alibis the governments can use in doing it. For example, they will claim that they will look into possible tax liabilities, or about it highly being used for fraud or illegal transactions, or perhaps they are just protecting the welfare of its citizens in investing in it, and so on.

[J Gambler]

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.

While I appreciate or do not dscredit the fact that I there might be a plausible chance for people to feel that some governments might be trying to manipulate the cryptocurrency stock depending on what would suit them. However, I still think that there might be a small chance that this isn’t likely because of how decentralized bitcoin currency is.

[Walrus1]

While I am also with the idea that cryptos are to a certain extent decentralized and are independent of the governments, the truth is that the governments have a lot of leeway if they want to interfere in the natural movements of cryptos. This will lead us to conclude that governments can, in one way or another, manipulate the crypto economy. There are so many alibis the governments can use in doing it. For example, they will claim that they will look into possible tax liabilities, or about it highly being used for fraud or illegal transactions, or perhaps they are just protecting the welfare of its citizens in investing in it, and so on.

the only proof we have currently is North Korea (best Korea) trying to, and having success hacking South Korea and Japan's exchanges. There have been several articles about it. Also, coins like nano and tron which are Chinese coins are not private business enterprises. The Chinese government has its hand in all major Chinese bussiness. That is why we pay was not allowed to buy western union. I think some of the smaller, poorer corrupt countries will pose a prob in this regard as well. The US government has allowed the CME and CBOE and now the Nasdaq in on the unregulated crypto market so they are definitely happy with a new revenue source. Plus the nickels and dimes they get from us. I'm still befuddled as to I will handle my crypto tax

[newguy05]

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.

Regarding your comments, I would like to say that governments can not directly buy or sell cyrpto currencies even how they are accounting it if they do not legalise it but the intellegence or speacial governmental agencies can, otherwise it is not that easy to do by the governments trade on them.

[Coinlover9]

Yes because they have the resources and are using it to extract as much profit as they can from the people.

[Stedsm]

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?

I'm not talking about other countries but India, the country where I live in as well as familiar with the same. Here, I've not seen these guys doing anything but spreading a lot of FUD by not giving straight statements like Bitcoin is illegal, but they say that it is not legal. Now tell me, what are they exactly trying to convey? Still, an enormous amount of stupid fellas show up by trying to create panic in the markets by throwing air to those "literally spoken illiterate words" and fear spreads. Who wins? Those who are in the wait of gaining these coins for least values.

Coming to the bold part, why do you think that it's a scheme itself? This is what they're also saying about Bitcoins, that it's a ponzi.

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 believe you're correct in this sense, but in the end, they're the ones running the government, and as the saying goes - A single sheep infects the whole flock.

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?

To me, this forum helps a lot of people understand Bitcoins better, or at least try to - if they are really willing to. But if we talk about %s, I believe that not more than 10% of the forum members are even completely clear to Lightning Network and many newer concepts which are very greatly explained over their website as well as online articles are also available on this. But, who cares?
As well, people who're here to make a buck in bitcoins and wait for some time to convert that buck x times are 90% IMHO.

[Whiteconjuror]

Governments control the Fiat currencies. They use central banks to manage money holdings, using so-called monetary policy. They also determine how remittances need to be implemented, which allows them to monitor the movement of the currency, and also dictate who benefits from this movement, collect taxes from it, and track criminal activities. But all this control is lost when non-governmental organizations devise their currency.

Control over the currency has many different hidden currents, especially in the framework of the fiscal policy of the country, the business environment, and, of course, crime control.

[mOgliE]

Hi,

I both agree and disagree with you.

I agree with you when you say that it is the good time to buy. Indeed, with low prices, potential profits are higher. If you are able to wait long enough, you may be able to make sizeable profits.

But I strongly disagree when you talk about government manipulation. I don't say that it doesn't exist at all, but.. I think that most government members are old. They are not ready to bet on such technology. They may see it as a threat, but not as a source of profits.

I may be naive, though!