Quote from: enhu on April 19, 2017, 03:15:56 PM

Quote from: choppork on April 19, 2017, 03:06:44 PM

Quote from: mharz on April 18, 2017, 09:34:48 AM

Possibly happen if the government joined to Bitcoin, also if they seems that Bitcoin will earn a lot, they can use them power to manipulate the Bitcoin live in the market. Because if the price in the market were high, government will gained them.

If the government comes in to the situation, the price of bitcoin will even increase. The more coins that they buy, the more the price will increase. It becomes harder and harder for them to buy more bitcoins. That's the only way for the government to manipulate the bitcoin price other than spreading FUD about bitcoins. They have to accumulate bitcoins first before they can manipulate the price.

But who knows? Maybe the government has a huge part in the bitcoins of circulation. Maybe they bought the majority of bitcoins right from the start when it's still cheap so they can take down bitcoins at the right time.

Its not impossible for them to buy thousands of bitcoin using the money of the people but I don't think the government will try to get involve unless they can collect taxes to exchanges and bitcoin businesses in the country. Japan I think had made it possible. Tracking users who don't want to be tracked is a big problem.

I agree with you. Perhaps some government officials have long bought thousands of bitcoins. They can affect the price of bitcoin. Simple people who have several coins do not have this opportunity