Re: is it possible that the bitcoin was created by governments?
According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
I think, no, the algo for Bitcoin was stealed from some banks... I think Russia was clear agains bitcoin also for a while...
If BTC would be a coin with a state or government behind, then it won't be attacked economically as strange as it can be detected:
I'm betting you're right. Altcoins I'm watching are showing lots of strength against BTC. Ethereum is looking especially strong.
Alt-BTC pairs have probably already completed the earliest phases of a Wyckoff accumulation schematic. Now we're looking for a "sign of strength" to indicate a new uptrend. Something along the lines of what we saw in the first 2 weeks of January in 2017:
Many thanks. You think a similarity (in technical viewpoint) as I see (from my fundamental viewpoint) with early 2017...... Here is the diagram:
1. accumulation phase, to have i.e. BTC's to "drop" or "invest" later...
2. the "attack". a try to break the dominance of BTC agains other crypto's (three main competitors at THAT time: USD, ETH, XRP ... I don't write for Tether: USDT, because the truth is USD with the FED of the USA)
We have 5 weeks or 7 weeks before ETH breaks the dominance of BTC? We are ahead of an interesting time I think. Be strong. Hold your coins
