Satoshi, bitcoin is extremely volatile and run by organizations now, not the people.
Bitcoin volatility is well documented, but do you have a source in saying that Bitcoin is being run by an organizations?
There's constant forks such as Bitcoin Cash and other garbage that shows just how jokey the coin is.
I actually think forks show the exact opposite; it makes a great foundation for some shitcoin some random person is trying to launch. Fact of the matter is, most altcoins were based off Bitcoin, which is a testament as to how solid it is.
The only thing worthwhile is the blockchain itself and I honestly believe this was not meant to function as a method of payment, but as a method of storage(Bitcoin's constant dramatic price changes, good and bad, show this)
It was meant as a method of payment. Whether it is
ideal as a form of payment is up in the air. I personally believe it could be, and that its value will settle down once it actually gets a good chunk of adoption.
My resolution? Dump all your bitcoins on the biggest exchanges and destroy the currency, then start over.
I'm not sure this will destroy Bitcoin. It will cause a massive slide, yes, but recovery isn't out of the question. Not to mention that this will never happen; Satoshi has had every opportunity to be a billionaire and has never taken it. He's not going to take it now.
That will indeed shook some of the foundation but it is a mere 5% of the total amount of bitcoins to be mined and so it will not be able to completely render it useless if he dumps them but rather it will be cheap and others will buy at this time and join so the price will likely rise back up.
