Thread: Bitcoins
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Old 04-12-2013, 11:40 AM   #152
Thor
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1% though is quite small, there is lots of conspiracy theories abound though, one of the most popular is crime syndicates in eastern EU and Russia stealing and coercing exchanges like Mtgox to grab as much bitcoin as they can.

These ddos attacks target the main exchanges to cause selling panic, so there is most definitely attempts to play on the human fears of bubbles to get coins at low prices.

The only way to deal with this is to grow much more, and decentralize the exchanges, mtgox has 80% of the trading volume last year, they need to be under 20% at least if we want more stability.
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