Re:Bitcoin faces a crossroads, needs an effective decision-m...
by nosuchthing on Monday May 11, 2015 @05:19PM
(#9527920)
The greater issue of BTC is the odds between hording speculators who "believe" the "rarity" of Bitcoin will increase the market price. Currency should be predictably stable as a medium to facilitate exchange of other goods and services. Currency should also be encouraged to recirculate back into the economy, rather than sit around doing nothing.
There's also a huge issue of people dedicating effort to form price manipulator syndicates and HFT bots within the cryptocoin communities [1]
There's also a huge issue of people dedicating effort to form price manipulator syndicates and HFT bots within the cryptocoin communities [1]
[1] https://news.ycombinator.com/item?id=7126153