Post
Topic
Board Economics
Re: Does Central Bank really have impact on bitcoin?
by
nitrousteam
on 09/03/2018, 01:18:48 UTC
are the price movements related to those speeches of the central banks such as the BOE?



These speeches can cause mass manipulation of the certain group of investors. That group can be easily influenced by the media false rumors which are controlled by the government which on the other hand control the banks. Bitcoin cannot be controlled manually but with the smart manipulation people can be frustrated and the demand can lower itself for some time.
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Many have tried to destroy the Bitcoin with the false rumors and attempts for control but like we can see - Bitcoin still stands. Its value is not high as in December last year but I sincerely hope that this year will bring us the better movement of the price. People have learned something from this influences of the false speeches and that is to resist the criminal attempts to move society away from the Bitcoin. Banks should stick to their centralized field and not interfere in the decentralized blockchain that is opposing them in every way.