[Tinfoil hat mode] Bitcoin appears to be on the verge of another bubble, possibly well into the thousands. During this bubble there will likely be a surge in tx activity on the bitcoin network, which is already at full capacity. The peak bubble price may be exacerbated because users wont be able to transfer bitcoin to the exchanges to sell in a timely manner, at least not without paying exorbitant fees.

This will be a great opportunity for attackers to further spam the network during this period. In fact, if they are really good, they may profit by transferring bitcoin to the exchanges well ahead of time and spam the network during peak prices, preventing users from transferring bitcoin to the exchanges to sell.

Many of us have been warning of this for years. The 1 mb block size limit is a joke. If segwit gets enabled, possibly combined with some form of capital controls somewhere, then this bubble could come to fruition.