Bitcoin is a legitimate threat to the banking establishment. My personal belief is that bitcoin is being set up as a store of value akin to gold. It is this idea that leads me to believe that the bankers are going to, if they aren't already, amass bitcoins just like they did with gold. Sure, some people own pieces of gold but that is the scraps that they allowed out there. The vast percentage has been hijacked by the banks. I think we will see the same thing with bitcoin (and any other crytocurrencies that start to make progress. The banks will simply go out on the open markets and start buying.
I find it interesting that the massive run up coincides with the bankers adding legitimacy to this sector. Perhaps it is the skeptic in me but I dont think they are doing this because they readily admit this is good for humanity and that their corrupt system is in need of changing. Instead, I think they realize it is a valid threat of which they intent to control. The reason why many project $100K or $1M per coin is the same reason they can assert control: there are only 21M bitcoins total.
Seriously, how difficult would it be for Goldman, Citi, CS, Barclays, and JPM to get together and go on a bitcoin buying spree? If they cant kill something through legislation then they will simply buy it up. At this point, we are past the point of intimidation and propaganda eliminating the cryptocurrency world. Hence, they resort the other part of the plan; use their fiat currency to fund the buying up of all the assets that they want or are a threat.
Hopefully this is just the conspiracy theorist in me.
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