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Author Topic: Government Conspiracy To Kill Bitcoin?  (Read 1640 times)
JessyMatt
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April 02, 2014, 03:38:58 AM
 #1

Am I paranoid or are government around the world are conspiring to kill bitcoin as an alternate currency? Bitcoin value is down to 477.71. That's from 600+ less than two weeks ago.






















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Dalmar
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April 02, 2014, 03:41:01 AM
 #2

Bitcoin was just simply overvalued by crazy Chinese gamblers... it went from 100ish to 1000 in a month. Now it is going back to its market value. Nothing special about it. No need to think of conspiracy theories.

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romang
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April 02, 2014, 03:43:41 AM
 #3

Government does no want it to pan out just like they made gold and silver stay low for years around $300 and silver $3

Dalmar
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April 02, 2014, 03:55:02 AM
 #4

Government does no want it to pan out just like they made gold and silver stay low for years around $300 and silver $3

Pathetic gold bugs. Roll Eyes Gold and silver are just unattractive investments in certain market cycles, their prices do not always involve government shenanigans but simply the market deciding there are better investments out there.

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aminorex
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April 02, 2014, 03:58:37 AM
 #5

Government does no want it to pan out just like they made gold and silver stay low for years around $300 and silver $3

Pathetic gold bugs. Roll Eyes Gold and silver are just unattractive investments in certain market cycles, their prices do not always involve government shenanigans but simply the market deciding there are better investments out there.

You don't have to be invested in PMs to see the manipulation.  It's not really a secret.  I suggest that you learn a bit about PM markets and the history of gold manipulation before further comment.  Such manipulations create some predictable and hence exploitable price moves.

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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April 02, 2014, 04:05:09 AM
 #6

Government does no want it to pan out just like they made gold and silver stay low for years around $300 and silver $3

Pathetic gold bugs. Roll Eyes Gold and silver are just unattractive investments in certain market cycles, their prices do not always involve government shenanigans but simply the market deciding there are better investments out there.

You don't have to be invested in PMs to see the manipulation.  It's not really a secret.  I suggest that you learn a bit about PM markets and the history of gold manipulation before further comment.  Such manipulations create some predictable and hence exploitable price moves.


+1
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April 02, 2014, 04:23:31 AM
 #7

What about the Government Conspiracy To Promote and spread Bitcoin?

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April 02, 2014, 04:31:45 AM
 #8

Not really, they are just taking the standard defensive positions
The ecosystem needs to find a way around these obstacles

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April 02, 2014, 11:03:13 AM
 #9

Bitcoin on free market won't have firms or corporations as rivals, it will have countries as rivals.

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April 02, 2014, 11:31:18 AM
 #10

<paranoid_commie>
Bitcoin is a gift from heaven for the US, It advances globalization and the leveling of the economic/political field for large corporations and other decentralized power entities to exert their dominion to the rest of the world with zero friction.
Not before long states/nations/goverments will be replaced by lobbing interests.
</paranoid_commie>
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April 02, 2014, 05:07:46 PM
 #11

If anything the gov. conspiracy is to trick everyone into pouring energy and hash power into sha256 ..
murraypaul
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April 02, 2014, 05:09:05 PM
 #12

Am I paranoid or are government around the world are conspiring to kill bitcoin as an alternate currency?
You are paranoid.

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Equate
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April 02, 2014, 05:18:33 PM
 #13

If government wanted to kill Bitcoin,they had already done it earlier.
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April 02, 2014, 05:53:56 PM
 #14

As to how much actual strategy and action is in place I cannot guess. however, make no mistake about it the NSA, CIA, FBI, all have evaluated Bitcoin and its risks to the USA.

There is no scenario where Bitcoin has the potential to impact the US economy or financial stability that these groups have not fully considered. ANY risk that they will have discovered in their analysis will be accompanied by an action plan to mitigate that risk.

If you don't think the government has done things and will continue to do things to reduce the risk of Bitcoin having a negative impact on our current way of life, THINK AGAIN.

What it means is that the Bitcoin foundation better not be revealing their whole hand, and better be planning on features that thwart future attacks from a technology point of view. It is happening and will continue to happen.

The #1 thing the government is doing now is to spread Fear and erode trust.

Those who hold and those who are without property have ever formed distinct interests in society
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April 05, 2014, 05:07:38 PM
 #15

Government creation or not, everyone loves bitcoin, which is bad news for the money launderers and anarchists.
 http://webzinenow.wordpress.co... Read more conspiracy theories

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April 05, 2014, 05:31:52 PM
 #16

Government has no stance on Bitcoin. Not even many individuals have a stance on Bitcoin.

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April 05, 2014, 05:35:13 PM
 #17

OP...I suggest you not live under a rock. 

Knowledge is power. Reading is not hard and this forum is free.
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April 06, 2014, 02:47:21 AM
 #18

Government Conspiracy To subdue and "control" the Bitcoin ecosystem is much more likely.
Just look...They are all around us...

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April 06, 2014, 01:13:58 PM
 #19

Government Conspiracy To subdue and "control" the Bitcoin ecosystem is much more likely.
Just look...They are all around us...

+1
Besides, how many millions does the Federal Reserve "print" each day?
Imagine if they used some of those IOUs and purchased a HUGE amount of coins.
They win!
And the price goes up of course  Grin but that means they win twice....  
So they will change IOUs with something of REAL value - because to me the Bitcoin platform offers real value.

That's just my opinion.

EDIT: $1Bn = BTC2222222.222222222 @ $450
The price would sky rocket and they would be the majority.

 
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April 06, 2014, 02:55:28 PM
 #20

One can only hope, that the agents and officials set on the task of Learning, understanding and infiltrating the Bitcoin world has the self-preservation, economic Insight, hope for mankind of breaking free and brain to buy a few coins and shutting the fk up about the real threat to the Rothchild bank empire.

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