Quote from: Hydrogen on May 19, 2017, 10:36:42 PM

Quote from: python_fan89 on May 19, 2017, 07:43:38 PM

IMHO it's also important - the capitalization of Bitcoin - is only 30.000.000.000 $. There are a lot of powerful funds or some companies, how have much more money. So if they want - they can push / pump/ hold / sell. They have enough power to destroy Bitcoin.

They can destroy bitcoin.

If they want to make it obvious they oppose innovation and progress which benefit civilization & make themselves look guilty.

They usually prefer to be described as philanthropists who donate money to charity and have a net positive effect on society, rather than the opposite.

I'm not certain they want to paint themselves as being villains with mass discontent on the horizon.

There exists a great separation of powers by the users, developers, mining network in this decentralized framework of Bitcoin.

Destruction of Bitcoin need not be public nor make an organization villainous, they just need to introduce a proposal to be adopted to tilt this power structure involving change to Bitcoin's protocol (code).

A slight change of this control, and this is all about CONTROL, will open the doorway to begin the destruction of bitcoin.

Even if no change is made to code....another attack potential: central banks can sponsor (lend to "startups"/"entrepreneurs") organizations that'll cause a huge bouts of volatile events to keep away broad-mass-user-base: they would bid up prices like crazy to hold a signification portion of coins, and then unload the coins on the market either all at one time (huge drop in 1 week) or slowly to control volume over-time (ie 3 years of lower prices).