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RE: 1897 - Bitcoin Down - Coinbase Down
Ok, governments around the world cannot touch the blockchain that is clear, BBBUUUUUTTTT after today it is not needed. The way you crash this market is hit about 10 sites at the same time. Coinbase Poloniex Kracken Bittrex BTC-E and the other top 5. Keep them down for 2 days, you would be able to buy bitcoin for under $50 when everything came back up. People panic very quickly!
How would the price drop if the exchanges are all down? A shift to alt coins?
Panic would ensue everything would plummet! When the exchanges were brought back up there would be no bids, only asks.
This is why decentralized exchanges are the future.