Is Bitcoin open to value manipulation?
The current low market cap of Bitcoin means that any investor with deep enough pockets can significantly change/manipulate the rate. Is this a problem?
This is only a problem if you are investing in Bitcoin for short period of time. A manipulator can't change the fundamentals, and over a period of 5-10 years they will win over any short term manipulations.
https://en.bitcoin.it/wiki/FAQ#Is_Bitcoin_open_to_value_manipulation.3F