What if Bill Gates decides to fuck us over and buys all of bitcoin just to sell it at $1?
buy the dip
>>3401210
>buys my bitcoin at $4000
>sells it back to me at $1
What's the problem here?
>>3401210
this... would be the best possible scenario
i dont get it
Alternatively I'd be scared if he bought at $4000 and sold at $100,000
>>3401275
This. Fucko partners up with rich jew families and then sells each bitcoin for 100x he bought it for. He only does this though when mining as the little guy is impossible. It's still feasible depending on your setup.
if bill gates tried to buy all btc youd have like 20k per btc at least
What wrong here? I get 4000 Yu-Es-Dee per coin and the possibility to buy back my coins at a massive discount?
>>3401366
A fork for btc would obliterate the economy of it, so he wouldn't even have to just buy btc at face value. He could work with pushing a fork and buy when it crashed. Alternatively those with malicious intent could create a "hack" that would resemble the scenario of mgtox and destroy Coinbase/other exchanges. There are so many ways to shit on bitcoin if you're in these positions of power, it's not even funny. Look into where the founders of mgtox went too (kraken and bittrex) and you will see how easy it can be to poop on the price.