Government Conspiracy To Kill Bitcoin?

[JessyMatt]

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.

[1715059868]

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[1715059868]

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[Dalmar]

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.

[romang]

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]

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. 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.

[aminorex]

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. 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.

[DianaLime]

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. 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

[Bit_Happy]

What about the Government Conspiracy To Promote and spread Bitcoin?

[Sindelar1938]

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

[BitOnyx]

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

[thaaanos]

<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>

[BlackMarketKarma]

If anything the gov. conspiracy is to trick everyone into pouring energy and hash power into sha256 ..

[murraypaul]

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

You are paranoid.

[Equate]

If government wanted to kill Bitcoin,they had already done it earlier.

[DieJohnny]

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.

[zolace]

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

[lnternet]

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

[atp1916]

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

Knowledge is power. Reading is not hard and this forum is free.

[Bit_Happy]

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

[S4VV4S]

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   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.

[NationOwnedCCNow]

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.

[NewLiberty]

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.

Bitcoin is always at its market value.  

It doesn't take a conspiracy among governments, merely commonality of interest.   To the extent that governments are beholden to banking and to the extent that bitcoin presents competition to banking in both cost reduction and transparency you will see what looks like conspiracy but no conspiracy is needed to do this.  So whether there is or not the same effect should be expected until some smart banks break ranks and want to be the leaders in the new model.
Then you will see the real action... when banks compete to adopt it.

[johnytelevision]

How government affect price of bitcoin, except some random legislation, recently ?

Besides bitcoin is international, usa have only as big influence on it as we want it to be.

[aminorex]

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.

Bitcoin is always at its market value.  

But that market value (i.e. price) can deviate substantially from its fundamental value, and from it's discounted risk-adjusted expected future market value.

[cooltoadfrommoon]

What about the Government Conspiracy To Promote and spread Bitcoin?