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RE: Bitcoin gives back the $10 000 mark ... Time to get long?

in #bitcoin6 years ago

Exactly! My theory in this is that the mass media spreads FUD because they are controlled by the government and central bank. As you know, most (if not all) cryptocurrencies are decentralized. Meaning, no one control these coins. And what do banks and government want? That is to control everything. Creating a system which cannot be controlled by the banks or governments and is FREE create conflicts with these organizations. Banks and government want a piece of commission from everything (in the form of taxes and fees). That is one reason why I think that media spreads FUD. FUD confuses the people so that they stop using cryptocurrencies and return to using banks so that they keep a portion of your wealth. Another reason I am thinking of is that this is for the benefit of the few. What I mean by that is those in higher position in banks and governments also invest in cryptocurrencies. What I think they do is they spread FUD so that the value of cryptos will fall, then they buy. After some time, the value will go up, and then they sell. The cycle will repeat and just use your imagination how much money they make by doing this scheme. So I wish people don't immediately believe in FUD, do their own research, make their stand firm, and eventually they will earn what is due to them.

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