[unpopular opinion] Rich people buying and selling bitcoin to make profit isn't "mAnIpUlaTiNg" it is just a Free-Market.

as compared to actual manipulationEDIT:For clarity, If they can lose their own money they are risking they are not mAnIpUlaTiNg.What Is Rent-Seeking?Rent-seeking happens when a person or business uses their position or resources to get some additional benefit from the government. The most common occurrence is when a company or industry lobbies the government to receive special subsidies, grants, and tariff protection. The term "rent" in economics means receiving a payment that is over the costs involved in the production of the item or keeping the item in service. These actions do not produce any benefit for the community-at-large but only redistribute taxpayer's resources.How Rent-Seeking WorksPoliticians decide the laws and regulations that govern the industry and how government subsidies are distributed. If a firm succeeds in getting laws passed to limit their competition or create barriers to entry to others, the firm will increase its share of available wealth. Moreover, it has earned income without being productive or putting its capital at risk.Politicians decide the laws and regulations that govern the industry and how government subsidies are distributed. If a firm succeeds in getting laws passed to limit their competition or create barriers to entry to others, the firm will increase its share of available wealth. Moreover, it has earned income without being productive or putting its capital at risk. via /r/Bitcoin http://bit.ly/2wCF4WK