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Author Topic: I may be wrong, thinking about the gov intervention  (Read 523 times)
baghdatis1990
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November 26, 2018, 07:06:51 PM
 #61

              The government in my country is so corrupt that it does nothing but steal with both hands. That's their only goal 24h / day. Reported to other governments, I do not think they will get involved in cryptocurrency, because it's too small a business for them. Bitcoin's price has dropped, as this is the strategy of big investors. Every four years they buy massively, the price increases, then sell and the price gradually decreases. The oldest on the crypto market are sure they have realized this. Whatever happens, the crypto market will not die definitively, as long as coins are using decentralized platforms.

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November 26, 2018, 07:36:30 PM
 #62

I'm not sure, but in such a market condition, who else does agree that the government used a hidden identity and joined the crypto market to accumulate a large number of bitcoins, then sold it to affect its price? Or can the gov hires a couple well known personality to rule the every day news and kill it slowly?
for one thing, we never know what's going on behind the curtains so anything is possible. but as we are normal human beings, our task is to find a way out no matter who rules the party

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November 26, 2018, 07:57:42 PM
 #63

What government do you mean? World?)
There are many big players that manipulate the market. They are forming the trend line and maybe even have the same interests.
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November 26, 2018, 08:03:41 PM
 #64

Maybe not government maybe some enemies of bitcoin and cryptos, it's obvious that some people are not happy that cryptos is making the people rich, so they will try everything possible to take it down.

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Fu Mei Mei
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November 26, 2018, 08:06:03 PM
 #65

I'm not sure, but in such a market condition, who else does agree that the government used a hidden identity and joined the crypto market to accumulate a large number of bitcoins, then sold it to affect its price? Or can the gov hires a couple well known personality to rule the every day news and kill it slowly?
some economists expert have said that cryptocurrency has a unique character and anonymous than fiat, of course this can disrupt the continuation of fiat currency. Because this is related to business and the financial future, it is not impossible if the government interferes in the development of the cryptocurrency market
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November 26, 2018, 08:48:10 PM
 #66

I certainly don't think there is any wrong for a crypto enthusiast to wish for some form of intervention for the crypto industry. With the wealth of experience gathered in this field, I am of the strong opinion that intervention in form of regulations is what this industry needs to actually build a proper adoption and utilization roadmap. Crypto is highly manipulated due to the fact that it is unregulated, there are more than enough scams already going on in the industry leading to a wide scale devaluation of the technology. It remains to be seen how the authorities react to these issues but I strongly believe regulations or interventions will come in quicker than we thought.
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November 30, 2018, 05:49:07 PM
 #67

I'm not sure, but in such a market condition, who else does agree that the government used a hidden identity and joined the crypto market to accumulate a large number of bitcoins, then sold it to affect its price? Or can the gov hires a couple well known personality to rule the every day news and kill it slowly?
anything is possible. we can't really catch it at soing so, and suppose we did, what's next? to whom we are going to complain aboit it? who is above the government? so, we should mind our own business, literally Wink
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November 30, 2018, 05:57:44 PM
 #68

Most bitcoin users are anynomous, things that you have said can happen. But to make the cryptocurrency not function properly they are actually enough to reject everything about bitcoin and if someone who still uses bitcoin they can be processed legally. In other wood they don't need to hire someone and indulge in ugliness about bitcoin or buy bitcoin and sell it to reduce prices.
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November 30, 2018, 06:07:36 PM
 #69

Well its not the govt but some tycoons which we know as whales. They are manipulating the market and trying to get seriously big profits. They are doing whats good for them but that is not so good for the small fishes like us "The bounty hunters".
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November 30, 2018, 06:42:14 PM
 #70

Maybe, there are some countries that do that tactic. Because crypto investment is considered promising and has the opportunity to provide capital to develop the economy. I believe many stakeholders are involved.
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November 30, 2018, 07:04:32 PM
 #71

I don't believe in such conspiracy. This is current situation and market already is finally green
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November 30, 2018, 09:27:50 PM
 #72

We always have our wrong thought about crypto. Government plans better than we think. Some government dislike crypto, don't get any profit and also has risk.
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November 30, 2018, 09:40:19 PM
 #73

What government do you mean? World?)
There are many big players that manipulate the market. They are forming the trend line and maybe even have the same interests.

That was also the first thing that came to my mind. There's no world government and if a single government is buying then what? There are many governments that are very supportive and politicians who said that they own cryptocurrencies. Id wouldn't come as a surprise if some countries were buying to have it as a reserve currency. If we assume that 1 Bitcoin can one day be worth more than 100 thousand dollars it's a worthy investment, especially for a small country like Malta.
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November 30, 2018, 09:42:24 PM
 #74

I'm not sure, but in such a market condition, who else does agree that the government used a hidden identity and joined the crypto market to accumulate a large number of bitcoins, then sold it to affect its price? Or can the gov hires a couple well known personality to rule the every day news and kill it slowly?
I think the second option working right now for certain countries, maybe they are not intrested at cryptocurrencies and trying to lowball them with buying huge amount of tokens and then sell them, any scenario possible in my opinion depending on goverment, maybe some of them trying to buy and sell tokens which are created at their country to make the price lower and create smaller interest to the token, making the risk of getting illegal transactions at country impossible


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ivanleon
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December 02, 2018, 08:22:38 PM
 #75

I'm not sure, but in such a market condition, who else does agree that the government used a hidden identity and joined the crypto market to accumulate a large number of bitcoins, then sold it to affect its price? Or can the gov hires a couple well known personality to rule the every day news and kill it slowly?

That's one of the conspiracy theories, I think. With such large-scale manipulations on the part of the government, which squanders people's money, wrongly spends them? And what government do you think is doing all this? What country?
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December 12, 2018, 11:51:13 AM
 #76

I'm not sure, but in such a market condition, who else does agree that the government used a hidden identity and joined the crypto market to accumulate a large number of bitcoins, then sold it to affect its price? Or can the gov hires a couple well known personality to rule the every day news and kill it slowly?

I think you are watching or reading way too many conspiracy theories, The governments are not trying to crash the coins, the prices are low because investors who actually invested in the coins way earlier have made a lot of money and they are taking out their earnings. You are just going to have to wait out the resulting bear market before you can get anything better

 
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December 13, 2018, 02:31:30 PM
 #77

I'm not sure, but in such a market condition, who else does agree that the government used a hidden identity and joined the crypto market to accumulate a large number of bitcoins, then sold it to affect its price? Or can the gov hires a couple well known personality to rule the every day news and kill it slowly?
that's a question that requries some facts, some evidences, and though we may feel that something suspicious is going on we still need to be careful with such accusations. so, let's just be watchfull

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