Quote from: NotLambchop on October 01, 2014, 05:13:36 PM

Quote from: BitChick on October 01, 2014, 05:11:51 PM

...
You would think that the miners could figure out a way to manipulate the price upwards then, for their own benefit? Perhaps seriously slowing down mining when the price is this low or using some cash reserves to pump up price to sell higher?

Quote from: NotLambchop on September 17, 2014, 12:20:56 PM

Quote from: NotLambchop on September 17, 2014, 11:43:19 AM

...
The miners need to unionize!

Miners, unite! You have nothing to lose but your chains! You are the Bitcoin proletariat, your struggle is the class struggle! If more than 51% of you unionize, you won't have to plead, you could DEMAND more $ per BTC, or else fork the fat, greedy oppressor! The so-called "early adopters" will HAVE TO mortgage their fancy wives and houses to to protect their ill-gotten Bitcoin spoils. The price will skyrocket, everyone will eat peaches and cream! Fight the power! UNION POOL NOW!

under pure communism money does not exist, and if this were to happen then bitcoin as money would no longer exist