RE: Question to you: Will governments and big banks beat down Bitcoin in a similar way they have been manipulating down Gold and Silver?

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Question to you: Will governments and big banks beat down Bitcoin in a similar way they have been manipulating down Gold and Silver?

in bitcoin •  7 years ago 

I think the bankers and governments do not like bitcoin and will use the new futures markets to try and keep it where they want it. If they succeed with bitcoin I think other cryptos will step up.

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I fully agree, so far only Bitcoin and Ethereum are traded as futures on the CME and CBOE, initially both went down but now both are going up again. But yes, like you I think that if banks and governments beat them to where they want them other crytos will take the lead.