Is it possible that the $1200+ bitcoin peak was a result of some organized manipulation?

The dramatic volatility created in the wake of that peak has caused many speculators to be skeptical of bitcoins value.

Rather than viewing the short term volatility, it must be recognized as having increased over 1000% percent in the last year.

Compared to other investments this is extraordinary.

The depth of "incompetence" that Mt Gox has perpetrated is disturbing.
They had an extremely profitable business model, with expert consultants.
Why would they allow it to fall apart?

Is it possible that they are functioning as a front for a covert attack on the bitcoin economy?
Any organized attack would most likely focus on the exchanges and would by nature have to be covert.
It's hard to imagine a planned attack being any more damaging.

How can the bitcoin community decouple it's reliance on centralized exchanges and associated vulnerabilities?

Hello bitpeople

time to introduce
I learned of bitcoin early on but like most never bothered much
it is still hard to fathom, because we are on the cusp of a revolutionary epoch changing paradigm, or it will be outlawed
either way it will continue to exist
all they can do is rush to adopt it or introduce an official cybercurrency that crowds it out


it's not like the Rothchilds invented money or gold, they were just the smartest at capitalizing on it
they will do the same with this

in the meantime maybe I can make a little return
its investing like any other
it can be a stressful job
stability is important in life
especially for investors
diversify

greetings