Post
Topic
Board Bitcoin Discussion
Re: Why do countries and banks keep dumping on Cryptocurrency?
by
faithupgrade
on 20/03/2018, 14:20:08 UTC
Banks wants crypto to collapse because they fear Bitcoin of killing the value of fiat. Some investors particularly the stock owners.. Wants crypto to collapse because they want to enter crypto on its lowest value.

All the news we read nowadays is basically about Countries banning cryptocurrency or high level bank officials dumping on cryptocurrencies calling them lousy mode of pay, fad etc.

Why are they trying so hard to kill cryptocurrency? I recently got into trading myself and absolutely love it, but it seems a lot of the opportunities to trade successfully are killed by these people.

I agree that there should be regulations to curb crypto use with criminal activity but not if it puts a leash on prices.

It just seems there's a lot of insecurity after the great year cryptos had last year, it's almost as though authorities expected it to die by itself but it grew into a monster and now they're trying to do it themselves.