someone has proven beyond a shadow of a doubt that bit coin is
capable of being manipulated.
someone would do that who has it in their interests to do that.
certainly many parties would fit that bill.
i agree with the writer who said now is not the time to point fingers.
Fix the present problem. No one will remember it in a month.
But the real problem is 20 million merchants just put Bitcoin on
the back burner for the next year. Not good for Bitcoin at all.
bad press == bad price. bad price == bad investment.
of course, a couple months ago, I suggested Bitcoin should build in the
exchange process into the wallets. Bitcoin touts its "decentralized" nature
but every exchange has an easy bulls-eye on its back for governments to
take aim at. In other words, since Bitcoin's exchanges are centralized,
so therefore is Bitcoin.
Just my two cents. Hope it helps. I would like to see Bitcoin thrive. It can become
the electric car of the monetary system,
. a valuable addition.
Manipulated? It can always be manipulated with enough money... Actually, for a normal person/exchange this doesnt affect the btc, because we always waited for 3 or 6 confirms before delivering. It will clear up