It appears that Bitcoin is vulnerable to fraud known as the Pump and Dump
Pump & Dump:
"Pump and dump" (P&D) is a form of microcap stock fraud that involves artificially inflating the price of an owned stock through false and misleading positive statements, in order to sell the cheaply purchased stock at a higher price. Once the operators of the scheme "dump" sell their overvalued shares, the price falls and investors lose their money.
What will happen when addresses holding large amounts of BTC decide to sell off? Will fees skyrocket even more if this happens? I worry that the "dump" will happen so quickly that most people will get stuck holding their coins as they fall close to $0. Are Asia markets like China and Japan pumping up the price of bitcoin? It has gone from just $0.003 per coin to now $17,000 USD per coin!!! It is so scary to think about what happens when this bubble bursts and how quickly the price could tumble