Would the central banks even have a reason NOT to manipulate

Give me one way they could "manipulate bitcoin into the ground".

>>2687245
ov vey it's crashing, get while you can, goyim

>>2687245
accumulate butt coins over a long period of time
sell at a massive loss (they have enough not to care)
absolutely destroy consumer confidence with a "bitcoin crash" every few years

>>2687216
Arguably it's crypto's volatility that makes it so attractive to people buying in just to gamble, so it could be counter-productive. In any case
>>2687245
This. Are they just going to print money to spend on BTC to then later sell for pennies, causing a crash? Not realistic.

>>2687261
>tfw the central bankers are our only hope of enjoying the pre-Mt. Gox or April/May 2017 bubbles all over again
Please, Jews, make me rich

>>2687216
they are trying to buy a lot of it, but they are trying to do so in a way that they don't drive the price up.

>>2687263
there are plenty of banking institutions that would be better off half killing themselves on bitcoin then letting people know how superior it is to fiat and destroying their industry

Oh, and let's not forget the propaganda element it would create. Every AM radio show would ditch their gold and private safety deposit box commercials in favor of crypto investments, "It's the deal SO good, the central bankers don't want you to know about it! But it's ENCRYPTED, PRIVATE, and SAFE, so there's absolutely NO risk! If you care about your family's financial safety, buy JonesCoins!"

Really, they have two options
1) Ignore it
2) Lobby the government to make trading in crypto illegal

>>2687289
You've definitely got a point, bank profit margins are obscene, but some banks are more forward-thinking than others. USAA, for example, was the first to adopt crypto support, and they're also less connected to the bigger banks. It's kind of like record labels and the RIAA; no one wanted mp3 sales, they'd rather sell overpriced practice, but once one gets on board, the others have no choice but to go along with them to stay competitive. Private groups can't be inefficient in a capitalist society, so they're only hope is sudden stringent government regulation. Thankfully, the Republicans are actually doing a fair bit to fight regulation there, and as long as Congress is a clusterfuck of no compromise, it may stay that way.

>>2687286
That is not possible. You are underestimating just how scarce bitcoin is.

>>2687216
So. Much. Retardation. On. This. Thread. Read a book fellas, read a book.

>>2687375
>x amount of coins in the world
>he has no idea who holds what portions
>trades happening constantly with no downtime
>he suddenly claims its impossible that a certain group has many of them or is accumulating them slowly
why?

>>2687471
Yea ok. Keep believing your jewspiracies bro.

>>2687527
you argue like a social sci major

They're going to have to offer a lot more than $2500/btc to get people to sell them off and stop buying on dips.

Anyway, they destroy one coin, another takes it's place. It's a game they can't win. Crypto is simply too attractive a concept to be extinguished. All they can do is propagandise to stop 95% from throwing their money into it.

>>2687216
That would be extremely complicated because you know where the money goes and lot of people would have interest to find out.
It's more straightforward to just regulate.

>>2687289
Banks are outjewing each others since forever, Goldman Sachs shamelessly gutted its rivals in 2008, it's survival on the fittest for them, not survival of the afraid.
The banking system is probably the most adaptative sector in the world behind tech, where there is money there are bankers.
If anything I see them buying the big trading and buy/sell hubs like Bittrex/Coinbase and incorporate them to their portfolio.