Bitcoin Forum

Economy => Speculation => Topic started by: GigaCoin on February 08, 2014, 06:39:12 PM



Title: Should miners HOADR their BTC?
Post by: GigaCoin on February 08, 2014, 06:39:12 PM
Miners, be it gold, silver, iron, oil or whatever have been known for HOADRING by forming cartels.

HOADRING is executed by cartels to inflate prices when the price of a certain scarce commodity isn't profitable anymore or due to pure greed.

Do you think if large Bitcoin miners form a cartel and HOADR Bitcoin will the price go up or lack of supply cause panic in markets and ppl sell thinking bitcoin is done for.

Would you support HOADRING of Bitcoin?