I constantly see posts and articles saying that the price of bitcoin id heavily manipulated. Would it it be fair to say that price manipulation is much more difficult on the large time scale? Would anyone be able to suppress or inflate price for years? Just in case some of you agree that TA based on longer time intervals may sometimes be more useful than based on the recent history, here is a graph of all available history of Bitcoin price.
http://i.imgur.com/myCjrkI.pngHaven't seen long term discussions here recently. Can anyone make smart guesses about long term future trends?
