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A comment on High-Speed Traders Are Taking Over Bitcoin. Parent comment

Re:High-Speed Traders Are Taking Over Bitcoin by dwaltrip on Wednesday January 18, 2017 @10:23AM (#13426926)
Quick summary on why you think it will fail catastrophically in the long run?
[ Parent | on HN ]
Re:High-Speed Traders Are Taking Over Bitcoin by gcb0 on Wednesday January 18, 2017 @11:29AM (#13427559)
because it is only used for what this article describe and to smuggle money out of china.

both uses can be crushed very easily and then you will end up with a highly devalued good.

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