I have proposed an event to audit exchanges several times, however there is an alternative.
Bitcoin IS under attack, it's value does not reflect the sentiment, the network value, network cost, the usage, the user base, transaction volume, supply and demand, or any metric upon which fiat value should be measured.
Value has been disconnected, we can assert that this disconnect is for financial gain. Somewhere there is a cabal manipulating, trading bots replicate these moves throughout different exchanges. Losses and gains are magnified on leveraged trading platforms.
Our alternative, is to research, to stop worrying about price movement and start looking at where it is moving first, then why, then finally expose the who.
You, we, are being robbed, temporarily, what we have created is being undermined, hijacked, attacked.
At what difficulty/hashrate do we say enough, how big must the cold storage coffers of exchanges become, for how long do we suggest paper bitcoins and fractional reserve before we take action and prove it is so.
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