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RE: Why Bitcoin Could Fall Lower From Here

in #bitcoin7 years ago

Just a thought, but I think the US government would like to keep bit coin below 10k and even below 5k. They do not like to see people with that much liquid asset on hand. They will flag a person who deposits more than 5k in cash into a bank account. They will also flag a person who stockpiles too much bullion. They think it is a sign of drug trafficking, terrorism or money laundering. I cant prove it and I dont know how they are doing it but I do think they are trying to influence the bitcoin price to keep it low. It is my own crypto conspiracy theory.