Quote from: deep987 on January 31, 2013, 05:30 pmBitcoin is easy to manipulate as there's no regulation and transactions are essentially free. Pump and Dump is a possibility, especially if the stats that say the vast majority of BTC is horded, that means there is a much smaller amount of liquid BTC which makes manipulation easier. I hope that's not the case, I would much rather the reason for the rise be that the mining reward was halved a short time ago.Are you aware of the fact that there's no regulation or oversight of any kind at all in the foreign exchanges market? There are enormously wealthy individuals who take advantage of this. Except when you're fucking with the value of a third world country's dollar (or the US dollar, like those lovely banks so recently) and not a pretty little collection of 0s and 1s, people starve. At least with bitcoins chances are you aren't stealing food out of some destitute family's mouth. Maybe someday, but certainly not today.At least Bitcoin isn't possible for several entities to maintain control over. Not that I subscribe to some sort of Illuminati conspiracy babble or anything, mind you, but there's more oversight and regulation built in to Bitcoin than the entire Forex market, I think.