Also, I think that the price of 1 Bitcoin will be worth several millions dollars in the distant future. It will take substantial volatility to get there. and speaking of futures.. fuck bitcoin future contracts.. When everyone just uses bitcoin as a system of measure.. and it is not traded or even used as a toll to profit, it will be a sound currency. Satoshi may be mind, we coded mind into computers.. strange.
We have been disillusioned when it comes to money, or what is defined as a medium of exchange. Money is the measurement, not the value. money is worthless... and costly Proof of Work is abnormal, because electricity should be free. These things are coming. When you can verify transactions for free.. or maybe at the cost of just noise.. ASICs running 24/7 for free... verifying our transactions.
I like EOS... an online community like steem but with ..more opportunity.
-great post
RE: Market Manipulation or Price Suppression? ... Or none of the above?