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RE: 4th Dimension: Bitcoin-Manipulation-Cartel — Price-Suppression is the Goal

in #bitcoin7 years ago

I loved your post, you have enthusiasm. It still sounds a bit conspiracy in some parts, cartels DO exist they do dumps pumps any kind of manipulation to control money and media etc

I prefer to add what they hate is not bitcoin, they hate blockchain and this decentralization possibility in different things. Bitcoin on currency...

Honestly i can't advise anyone to "hold as much and as long as you can..."
I prefer to say hold as much as you afford to see disappeared... it is possible... crypto can become a myth... history... governors, lobbyists, cartels manipulators whatever you call them, they may win this war.

Last concern of mine:
Crypto and blockchain are great ideas and inventions. History never forgets Satoshi as we never forgot Davinci!
But these extreme fluctuations threatens bitcoin's currency usability.

And one question:
How the gold became precious? This should be studied if you are determining any other thing in such standards. It should be commodity not currency, it should be limited not over the thin air, it should be accepted by several generations not only a glance in history .....