Post
Topic
Board Speculation
Re: Long term, massive scale manipulation
by
istar
on 23/02/2013, 21:21:01 UTC
In a way, it doesn't matter who controls what and who manipulates what. There is one aspect of Bitcoin that makes it a bit like a Ponzi. Once you are in (but not before that), you have a financial incentive to attract as many new users as possible, to drive the price up. Aliens? Fine, I'll help them spread the word. Some rich guy? Fine, I'll help him spread the word.

You mean it work exactly like stocks? Have you heard about this apple stock.