Governments manipulating Crypto Economies!?

[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.