Quote from: mintybits on April 14, 2013, 04:29:37 AM

I'm actually quite suprised there hasn't been any posts about this. It's funny, the day before the recent "crash" I read an article somewhere about how the Government was going to do exactly what the OP of that petition wrote. Honestly tho, it makes total sense. We had a huge jump from 140-190, then 240... Somone spent a lot of fiat to blow this thing up, and the coordinated news stories are just too damn "coincidental" to believe. They don't mention that on the whole bitcoin is up A LOT on the year, even after the "crash".

Let's not pretend that bitcoin doesn't pose a huge threat to TPTB, and trying to stomp it out before it even starts is just a no brainer. They'll do it again too...

First they ignore you, then they laugh at you, then they fight you, then you win.

Quote

04/10/2013

The Plot to Criminalize Bitcoin

How do you criminalize bitcoin? The same way you get guns banned: Plan an attack, make sure lots of people get hurt, roll out all the victims in front of the cameras, then use the sob stories as moral justification to crack down with oppressive new laws.

This is the agenda being planned right now with bitcoin. The recipe works like this:

Step 1) Central banks buy up massive quantities of bitcoin currency, driving the prices into the stratosphere and encouraging millions of people around the world to jump on board the get rich bandwagon.

Step 2) Once bitcoin valuations reach a sufficient level of insanity, start a massive selloff by dumping the bitcoins you already bought onto the market, offering them for sale at any price (i.e. sell into falling prices, accelerating the loss in valuations).

Step 3) Watch panic take hold as the bitcoin crash accelerates, ending in a catastrophic wipeout of valuation of all bitcoins.

Step 4) Find victims of the bitcoin crash who can tell a good sob story for the mainstream media about how they invested little Johnnys college money in bitcoin and lost it all. Roll them out on CNN and MSNBC where they cry on camera and talk about how they were ripped off by bitcoin and now they only trust the government from now on.

Step 5) Demonize bitcoin by characterizing it as a libertarian pyramid scheme. Lash out against both decentralized currencies and libertarians.

Step 6) Once the demonization gains traction, have traitors in the U.S. Congress announce a Consumer Currency Protection Act that outlaws non-central bank currencies such as bitcoin. Its all for your safety, of course. Shut down all online bitcoin wallets and exchanges, calling them criminal pyramid schemes and arrest a few people using bitcoin to send a warning message to the rest.

Mission accomplished! Youve now made bitcoin look like a pyramid scheme, youve scared the public into being wary of anti-government currencies, and youve criminalized their use by consumers.

read the rest here: https://leaksource.wordpress.com/2013/04/10/how-the-looming-bitcoin-crash-will-be-exploited-by-globalists-to-outlaw-decentralized-crypto-currencies/

Sounds pretty solid, of course they could do this in a more cheaper/simple way. Just plan another shooting, the gun was bought using bitcoins, "anti-terrorist" laws etc.