to say this right away:
I'm not planning anything of this kind and I would never do such a thing myself.
This is merely a creative exercise and maybe an opportunity for some to share some wild dreams.
So the creative exercise goes like this: Suppose you are a group of well-established bitcoiners who have great reputation in the community. Specifically the group consists of:
- several members who are "celebrity personalities" who have up to this point been real fundamental perma-bulls on bitcoin
- several early adopters with pockets full of coins
- several individuals who run well-established successful bitoin businesses
- several individuals that have influence in the non-bitcoin media sphere
Your goal is to drive the price down to the teens or even single digits in order to shake out some weak hands and get more coins. (you are in reality thinking that bitcoin will change the world, but you want a bigger chunk of the action so you can pass on incredible wealth to your clan for generations to come)
You get to choose the specific members of the group in this thought experiment.
What would you do?Describe your group, how you would go about the rolling out the campaign and the consequences. Also describe how you would avoid doing too much damage (you want bitcoin to regain strength after your acquisition of loads of coins)
