Jeff you're the first one I saw who mentions this, and it's quite possible. I have info on the below link, feel free to share it and copy it. It's public domain. People need to understand this.
https://steemit.com/bitcoin/@kareldonk/the-problem-that-bitcoin-is-trying-to-solve
You are viewing a single comment's thread from:
Even if banks buy bitcoin and lets say got 3million of them. And start a huge dump into the market at 100k level. This means they dump 300billion in this market. If 300million people are ready for this everybody needs just 1k to buy this dip. If only 30million are ready then they need 10k to buy this dip.
After banks dumped it they got no btc and can only buy again.
Please tell me if something is wrong with my calculation.