Post
Topic
Board Bitcoin Discussion
Re: What would happen if the banks take control of Bitcoin?
by
MadonnaLover
on 14/01/2018, 02:22:18 UTC
IMO. The bankers have most of the XRP, they are going to take advantage of the BTC correction to put it in first place and create FOMO, lower even more to BTC, sell XRP and buy all the BTC. The ALTS will die with the lowering of BTC and the subsequent unchecked rise of BTC. Controlling the BTC would have control of the rest of the coins. No ALT can go up faster than the BTC and create more BTC.

Am I crazy? I promise you that I had that vision last night

Sorry for me English

This is quite an interesting view. I cannot rule out that there is something true. But they won't be able to get many BTCs because BTC whales are whales exactly because they don't sell. They won't get enough BTCs to make a real difference.