Bitcoin Forum
May 08, 2024, 03:22:15 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [Conspiracy theory] Banks in Crypto Market  (Read 228 times)
Naida_BR (OP)
Member
**
Offline Offline

Activity: 980
Merit: 62


View Profile
June 25, 2018, 08:01:23 AM
Merited by ImHash (1)
 #1

After the recently drops in crypto prices i have started thinking the reasons that this happens. Of course we could blame the decentralization of the system and that it's why the volatility of the market is normal.
However, as a conspiracy guy i think that this war that institutions have started against cryptos may be for their own good. My point is that governments,banks and financial institutions have begun to be strict in order to drop down the prices and eventually buy coins in lower prices.

I believe that blockchain technology would be omnipresent in all organizations. In this way, cryptos would follow this trend as well and banks know that.
1715138535
Hero Member
*
Offline Offline

Posts: 1715138535

View Profile Personal Message (Offline)

Ignore
1715138535
Reply with quote  #2

1715138535
Report to moderator
The trust scores you see are subjective; they will change depending on who you have in your trust list.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
joniboini
Legendary
*
Offline Offline

Activity: 2184
Merit: 1792



View Profile WWW
July 01, 2018, 04:03:20 AM
Merited by paxmao (1)
 #2

-snip-
rather some big manipulators like the ones mentioned could cause this effect or maybe it is just the people involved in crypto are losing their fate? In my opinion, both are equally probable  Huh

Increasing more than $400 or dropping $400 only in around 1 hour without any fundamental changes is more likely done by the whales though. Lots of good news are coming up last week but it seems that it doesn't bring a lot of effect to bitcoin prices. Probably there is a lot of hodl-er who sit still on the sideline waiting for the bear to go away.

You might wanted to read this: https://medium.com/@super.crypto1/4th-dimension-bitcoin-manipulation-cartel-can-it-be-burnt-no-way-c53de65c166a
QuadeBarrier
Newbie
*
Offline Offline

Activity: 70
Merit: 0


View Profile
July 02, 2018, 02:46:42 AM
 #3

I'm not a conspiracy guy, but I think it's just common sense that such large and powerful entities will try to control it in such a way. Have the upper hand.
Easteregg69
Sr. Member
****
Offline Offline

Activity: 1443
Merit: 264



View Profile
July 02, 2018, 03:22:37 AM
 #4

After the recently drops in crypto prices i have started thinking the reasons that this happens. Of course we could blame the decentralization of the system and that it's why the volatility of the market is normal.
However, as a conspiracy guy i think that this war that institutions have started against cryptos may be for their own good. My point is that governments,banks and financial institutions have begun to be strict in order to drop down the prices and eventually buy coins in lower prices.

I believe that blockchain technology would be omnipresent in all organizations. In this way, cryptos would follow this trend as well and banks know that.

Does not make sense. Buy at regular price. Dump and buy at lower price..

See if the boss likes the idea. You can call it swing trading.


Naida_BR (OP)
Member
**
Offline Offline

Activity: 980
Merit: 62


View Profile
July 03, 2018, 11:46:10 AM
 #5

After the recently drops in crypto prices i have started thinking the reasons that this happens. Of course we could blame the decentralization of the system and that it's why the volatility of the market is normal.
However, as a conspiracy guy i think that this war that institutions have started against cryptos may be for their own good. My point is that governments,banks and financial institutions have begun to be strict in order to drop down the prices and eventually buy coins in lower prices.

I believe that blockchain technology would be omnipresent in all organizations. In this way, cryptos would follow this trend as well and banks know that.

Does not make sense. Buy at regular price. Dump and buy at lower price..

See if the boss likes the idea. You can call it swing trading.




I agree with your strategy. However, whales are the first movers so they can caught you off guard.
crypto_nd
Jr. Member
*
Offline Offline

Activity: 140
Merit: 1

Less troubles


View Profile
July 03, 2018, 12:45:55 PM
 #6

if bank are involved in the downward spin of the cryptomarket i don't think they are doing it to buy at a low price, i think if they are involve they must be doing it to make a point.
telling every prospective buyer that you may lose money hugely, and also that the market can be manipulated. Huh Huh
Sanjeewa101
Newbie
*
Offline Offline

Activity: 280
Merit: 0


View Profile WWW
July 08, 2018, 05:02:44 PM
 #7

Until now a lot of banks not really like to involve with blockchain and cryptocurrency for their applications, Becuase they wan't to decentralization, I think near future bank will involve with new technology
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!