A real cartel will be bad for the price but the final bitcoins will go away for very high prices. They can decide the price.
This is a real problem and I really don't understand how is that you can't see you're transforming
BTC in fiat!!
What is this obsession a lot of users here have with fixed value?Why does it have to be fixed, why must we put barriers so the value can't go down.You're acting exactly like the central banks that people criticize.
Was this the purpose of bitcoin? To make everybody who holds coins for decade rich?
I think I somehow missed that in the whitepaper Satoshi wrote....