Could Governments & Banks manipulate the price like this?

[Kakmakr]

Let's consider this :

Governments cannot stop Bitcoin by stopping the technology, but they can kill the interest that people have in buying bitcoins. Could governments with the help of Banks, be behind this falling price?

Last year we saw a huge increase in the price and I was thinking that it could have been a collective buying strategy by Banks to buy a lot of coins for a synchronized dump in 2018.  

If the Banks bought a lot of coins last year at the beginning of the spike from $1000 and they triggered a buying frenzy, then most of the more expensive coins would have been bought by the public. So they might just have bought coins to trick other investors into buying more coins.

So what is their goal? Their goal will be to break the demand for Crypto currencies and Bitcoin, by gradually dumping the cheap coins that they bought at the start of last year and pushing the price down. <Like what is happening now>

They know investors will have bought at the higher end, say $10 000 to $19000 and these people would probably have lost money, when they started dumping in 2018. They saw that "demand" for Crypto currencies increased, when there is a constant increase in the price and they are now creating a constant decrease in the price to break people's confidence in the technology and also the demand for the coins.

They will obviously use untraceable methods to do this, because the Banks are helping to hide the origin of this money.   They can only print a few Billions more to execute this strategy and this will go unnoticed, because it is toilet paper money.  

This is the only logical reason why we are seeing a constant decrease in the price, in spite of all the good progress that we have made. It also explains the large spike in the price in 2017.

Hodl on guys and gals, do not be tricked by these cheap tactics. <If this is true>    

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[butka]

I don't know if what you are describing is actually the reason why the price is falling, but it makes a lot of sense as a strategy employed by big investors. And, certainly, such market manipulations happen all the time. The behavior of the masses is well known to them: in essence, the masses buy when everyone's buying (during bullish market) and panic sell during bearish market. The big players wouldn't be big if they didn't know how to make money using this fact.  But for us, as you said, hodling long term is the only viable strategy.

[friends1980]

This is an interesting point of view, and I think you could be right.

However, they can kill the interest of LAMBO people, but we shouldn't care about them, since these are the guys who could possibly create value bubbles.

They cannot kill belief in decentralization and crypto / BTC. This community has grown from people who had and held BTC worth less than a dollar, based purely on their beliefs and idealism. No government rules will kill this, because these guys don't care about BTC's value, only about its concept.

[Sevarchik]

Price can be manipulated only by big holders of btc, and if some of governments have big amount of btc they can do this
Other manipulations dont work there

[ejswift]

Let's consider this :

Governments cannot stop Bitcoin by stopping the technology, but they can kill the interest that people have in buying bitcoins. Could governments with the help of Banks, be behind this falling price?

Last year we saw a huge increase in the price and I was thinking that it could have been a collective buying strategy by Banks to buy a lot of coins for a synchronized dump in 2018.  

If the Banks bought a lot of coins last year at the beginning of the spike from $1000 and they triggered a buying frenzy, then most of the more expensive coins would have been bought by the public. So they might just have bought coins to trick other investors into buying more coins.

So what is their goal? Their goal will be to break the demand for Crypto currencies and Bitcoin, by gradually dumping the cheap coins that they bought at the start of last year and pushing the price down. <Like what is happening now>

They know investors will have bought at the higher end, say $10 000 to $19000 and these people would probably have lost money, when they started dumping in 2018. They saw that "demand" for Crypto currencies increased, when there is a constant increase in the price and they are now creating a constant decrease in the price to break people's confidence in the technology and also the demand for the coins.

They will obviously use untraceable methods to do this, because the Banks are helping to hide the origin of this money.   They can only print a few Billions more to execute this strategy and this will go unnoticed, because it is toilet paper money. 

This is the only logical reason why we are seeing a constant decrease in the price, in spite of all the good progress that we have made. It also explains the large spike in the price in 2017.

Hodl on guys and gals, do not be tricked by these cheap tactics. <If this is true>    

governments cant manipulate or cant control the price of bitcoin the investors and the demand can so the price depends on how mny investors invest bitcoin

[Kakmakr]

This is an interesting point of view, and I think you could be right.

However, they can kill the interest of LAMBO people, but we shouldn't care about them, since these are the guys who could possibly create value bubbles.

They cannot kill belief in decentralization and crypto / BTC. This community has grown from people who had and held BTC worth less than a dollar, based purely on their beliefs and idealism. No government rules will kill this, because these guys don't care about BTC's value, only about its concept.

This is exactly their goal, to stop Bitcoin from growing. They know they will not break the confidence of the true Bitcoiners and these people will Hodl on until the end. They are targeting the "Lambo hunters" that are pushing up the price and the demand for the coin. Once you kill the demand, then the technology will lose it's appeal in the public market.

Nobody in his right mind will invest in a commodity that are constantly losing value and that is exactly the market that they would want to create with this strategy.

I am sure that someone with big pockets are behind a strategy like this. Bitcoin is spreading day by day and we are constantly seeing good news about adoption and Bitcoin ATM's popping up everywhere and new Merchants accepting Bitcoin, but the price are not reflecting this. It is actually doing the exact opposite, which tells me that large scale manipulation is going on in the background.  

[Crypto11021]

Nobody can kill Bitcoin now considering what Bitcoin has passed through untill now however manipulation of price of Bitcoin can be done by whale's in this game which can be banks, government and individual.

[butka]

Bitcoin is spreading day by day and we are constantly seeing good news about adoption and Bitcoin ATM's popping up everywhere and new Merchants accepting Bitcoin, but the price are not reflecting this. It is actually doing the exact opposite, which tells me that large scale manipulation is going on in the background.  

I believe this is exactly what Bitcoin needs: steady adoption despite the price fluctuations. It doesn't have to excel all the time. It only has to endure, while proving to the world over and over again that it is a secure, flawless decentralized payment system. So far, Bitcoin has managed to do that and grow. I don't see the road ahead being any easier, though. We are probably going to see even more attacks (open or covert) in the future.

[jeffthebaker]

Sure- just like any major entity can influence any variable.

Governments, however, are likely not doing this because they stand to gain from cryptocurrency. Malta is going to see double digits GDP growth in 2018, Venezuela will be able to circumvent trade sanctions, France will lead major tech innovations. All of these advancements are happening through blockchain acceptance. Governments stand to be much bigger winners than fostering crypto businesses and activities than to try to squander the industry as a whole.

[lizardbtc]

Let's consider this :

Governments cannot stop Bitcoin by stopping the technology, but they can kill the interest that people have in buying bitcoins. Could governments with the help of Banks, be behind this falling price?

Last year we saw a huge increase in the price and I was thinking that it could have been a collective buying strategy by Banks to buy a lot of coins for a synchronized dump in 2018.  

If the Banks bought a lot of coins last year at the beginning of the spike from $1000 and they triggered a buying frenzy, then most of the more expensive coins would have been bought by the public. So they might just have bought coins to trick other investors into buying more coins.

So what is their goal? Their goal will be to break the demand for Crypto currencies and Bitcoin, by gradually dumping the cheap coins that they bought at the start of last year and pushing the price down. <Like what is happening now>

They know investors will have bought at the higher end, say $10 000 to $19000 and these people would probably have lost money, when they started dumping in 2018. They saw that "demand" for Crypto currencies increased, when there is a constant increase in the price and they are now creating a constant decrease in the price to break people's confidence in the technology and also the demand for the coins.

They will obviously use untraceable methods to do this, because the Banks are helping to hide the origin of this money.   They can only print a few Billions more to execute this strategy and this will go unnoticed, because it is toilet paper money. 

This is the only logical reason why we are seeing a constant decrease in the price, in spite of all the good progress that we have made. It also explains the large spike in the price in 2017.

Hodl on guys and gals, do not be tricked by these cheap tactics. <If this is true>    

Dude, I think that we should all stop with this BS and talk of price manipulation and who is doing this to us. Just deal with it. Price goes up good, price goes down also good. If you are for the long run and if you believe in tech you wouldn't mind about the price. Many people are just in for the sake of money I am sick of it and to hear people whining about the price doesn't make any sense either. If price is manipulated okay let it be you and me can't have huge effect on this playground. Just don't think about it.

[ahmad21]

Governments can be absolutely manipulative when it comes to their own ego. And bitcoin n other cryptos have had government on their toes. Such kind of manipulative tactics used by the government, the way OP describes is seen to be putting most drastic impact on the prices of the bitcoin. Actually the governments can use various ways to manipulate the market prices. Governments are huge bodies that have vast powers to manipulate anything according to them. But the fall in the prices this year owes to many other reasons except for manipulations by the government.

[chillitabit]

Let's consider this :

Governments cannot stop Bitcoin by stopping the technology, but they can kill the interest that people have in buying bitcoins. Could governments with the help of Banks, be behind this falling price?

Last year we saw a huge increase in the price and I was thinking that it could have been a collective buying strategy by Banks to buy a lot of coins for a synchronized dump in 2018.  

If the Banks bought a lot of coins last year at the beginning of the spike from $1000 and they triggered a buying frenzy, then most of the more expensive coins would have been bought by the public. So they might just have bought coins to trick other investors into buying more coins.

So what is their goal? Their goal will be to break the demand for Crypto currencies and Bitcoin, by gradually dumping the cheap coins that they bought at the start of last year and pushing the price down. <Like what is happening now>

They know investors will have bought at the higher end, say $10 000 to $19000 and these people would probably have lost money, when they started dumping in 2018. They saw that "demand" for Crypto currencies increased, when there is a constant increase in the price and they are now creating a constant decrease in the price to break people's confidence in the technology and also the demand for the coins.

They will obviously use untraceable methods to do this, because the Banks are helping to hide the origin of this money.   They can only print a few Billions more to execute this strategy and this will go unnoticed, because it is toilet paper money. 

This is the only logical reason why we are seeing a constant decrease in the price, in spite of all the good progress that we have made. It also explains the large spike in the price in 2017.

Hodl on guys and gals, do not be tricked by these cheap tactics. <If this is true>    

banks have the power to manipulate the prices, but that doesn't matter to be frank. It can be only short time corrections, nothing major as the community is resilient enough already

[Kakmakr]

Sure- just like any major entity can influence any variable.

Governments, however, are likely not doing this because they stand to gain from cryptocurrency. Malta is going to see double digits GDP growth in 2018, Venezuela will be able to circumvent trade sanctions, France will lead major tech innovations. All of these advancements are happening through blockchain acceptance. Governments stand to be much bigger winners than fostering crypto businesses and activities than to try to squander the industry as a whole.

That is just it. The governments and Banks are not benefiting from Bitcoin. They are benefiting from the Blockchain technology that they stole for their own Blockchain based technologies. They want to eliminate the competition, before they launch their own technologies. The R3 group with Mike Hearn is on the brink of releasing their own technologies and they want Bitcoin gone, by the time that they are ready to release that to the public. You will see a lot of BankCoins and GovCoins in the near future, just mark my words.

Let's consider this :

Governments cannot stop Bitcoin by stopping the technology, but they can kill the interest that people have in buying bitcoins. Could governments with the help of Banks, be behind this falling price?

Last year we saw a huge increase in the price and I was thinking that it could have been a collective buying strategy by Banks to buy a lot of coins for a synchronized dump in 2018.  

If the Banks bought a lot of coins last year at the beginning of the spike from $1000 and they triggered a buying frenzy, then most of the more expensive coins would have been bought by the public. So they might just have bought coins to trick other investors into buying more coins.

So what is their goal? Their goal will be to break the demand for Crypto currencies and Bitcoin, by gradually dumping the cheap coins that they bought at the start of last year and pushing the price down. <Like what is happening now>

They know investors will have bought at the higher end, say $10 000 to $19000 and these people would probably have lost money, when they started dumping in 2018. They saw that "demand" for Crypto currencies increased, when there is a constant increase in the price and they are now creating a constant decrease in the price to break people's confidence in the technology and also the demand for the coins.

They will obviously use untraceable methods to do this, because the Banks are helping to hide the origin of this money.   They can only print a few Billions more to execute this strategy and this will go unnoticed, because it is toilet paper money. 

This is the only logical reason why we are seeing a constant decrease in the price, in spite of all the good progress that we have made. It also explains the large spike in the price in 2017.

Hodl on guys and gals, do not be tricked by these cheap tactics. <If this is true>    

Dude, I think that we should all stop with this BS and talk of price manipulation and who is doing this to us. Just deal with it. Price goes up good, price goes down also good. If you are for the long run and if you believe in tech you wouldn't mind about the price. Many people are just in for the sake of money I am sick of it and to hear people whining about the price doesn't make any sense either. If price is manipulated okay let it be you and me can't have huge effect on this playground. Just don't think about it.

Dude! Just stop going through live by bending over to the people who are fuking you over. Open your eyes to the possibility that you are being controlled like a little puppet on a string. No matter what you do, you will always be the little hamster running in the wheel. Some of us are trying to analyse and question the unnatural things around us and we are trying to cut those strings and to exit that wheel.

Financial freedom will always come under attack and we should highlight possible attack vectors to reduce the impact and to open people's eyes before they fall into those traps.

[hase0278]

Governments, however, are likely not doing this because they stand to gain from cryptocurrency.

Governments sure are interested in the technology behind crypto (blockchain tech) but some of them are NOT REALLY INTERESTED INTO BITCOIN AND CRYPTO probably because of decentralization. Nevertheless, I don't see them wasting tax payer's money to do something as stupid as price manipulation. If they are really manipulating bitcoin price behind the scenes, there are only a few countries that I can think of doing this.

[kok jujung]

can be true, this pricing strategy can be regulated by the largest bitcoin shareholder investors to enjoy big profits later, the government can also do what they want

[19nataliya12]

ON THE ACCOUNT OF BANKS I CAN NOT SAY THAT, AND THERE IS ON THE ACCOUNT OF GOVERNMENTS. AS ONLY THEY DECIDE TO PROHIBIT OR LIMIT IN ACTIVITIES MINING SO IT IS IMMEDIATELY REFLECTED ON THE COURSE, BUT THIS IS EVERYTHING BEFORE TIME, SOON THE LITTLE IS GOING TO THE FINAL STAGE OF THE SETTLEMENT OF THE STATE OF THE STATE AND THEN YOU WILL NOT HAVE ANY IMPACT ON IT!

[BitcoinFX]

Price can be manipulated only by big holders of btc, and if some of governments have big amount of btc they can do this
Other manipulations dont work there

"They" wouldn't require large Bitcoin holdings to achieve this ... only an unlimited amount of FIAT currency to buy and sell BTC with ... and perhaps the assistance of some 'sheeple' investors - following the mass media effects ...

... Dance, dance, dance to the distortion ! - https://youtu.be/Um7pMggPnug

[Kotone]

Price can be manipulated only by big holders of btc, and if some of governments have big amount of btc they can do this
Other manipulations dont work there

"They" wouldn't require large Bitcoin holdings to achieve this ... only an unlimited amount of FIAT currency to buy and sell BTC with ... and perhaps the assistance of some 'sheeple' investors - following the mass media effects ...

... Dance, dance, dance to the distortion !

i hate to admit it. but there are times that i've been thinking about this thing. about the controlling and manipulating of the price of the bitcoin by the government. not only in their country but in the market and in this industry. we got be thankful because the other government freedthe bitcoin to around in our country but the negative effect of it they. regulated the entering of the bitcoin and also , they control the price of it in the market. for me, beside the government there are people who rich was partner by the government.

[BitcoinFX]

JPMorgan CEO Jamie Dimon: I Could Care Less About Bitcoin | CNBC
- https://youtu.be/40OuVyVGdIM?t=1m40s
"... this is not even a technological statement ..."

and in other news ... 'I really don't care. Do U?'.

...

So, Satoshi created decentralized cryptographic commodity-money for the internet based on solid principals of scarcity and finite value i.e. like real bits of gold.

Governments (and Banks) ended the Bretton Woods system - https://en.wikipedia.org/wiki/Bretton_Woods_system - on 15 August 1971 rendering the dollar a fiat currency, essentially backed by 'nothing'.

- Zeitgeist Addendum (HD) Part I - Federal Reserve - https://youtu.be/S0pQNkX8jLM

- The Monetary System Visually Explained - https://youtu.be/aXiNZWJKnVI

...

- https://youtu.be/A7TuFy0fcuw - The proudhon song (bitcoin is a bubble) !?!  

[Kprawn]

Damn,

This is a good observation, but the problem is that most people would disregard this as pure conspiracy theories, because this

is close to impossible to prove. Governments will not get away with this, because they are accountable to the tax payers, and

if this ever leaked out, they would lose a lot of voters. I can imagine that Banks might be involved with this type of

manipulation or one of the industries that are currently being disrupted. Front companies for MoneyGram/Western Union etc.

Kudos for making this connection, because it totally make sense to me.