Post
Topic
Board Speculation
Re: Lost my faith
by
franky1
on 25/06/2013, 22:57:19 UTC
is it just me or is this the sort of reply a computer program would come up with?

Umm.. I'm not a computer program, but interesting observation.

ok now can you answer the other half of my last comment please.

I believe that central banks can buy/sell bitcoins in volume to manipulate the price, as they do with precious metals certificates. Banks have no control over physical metals.

central banks play about with investments using peoples money. they are only allowed to play about with peoples money on certain legal exchanges such as the NYSE LSE etc. they cant just withdraw peoples money, throw it into dwolla/moneygram to then play the mtgox market.

BUT private investment companies CAN play up and manipulate MTGOX/Bitstamp