Post
Topic
Board Speculation
Re: This is just the beginning of the end.
by
uki
on 16/01/2016, 11:51:09 UTC
-25% in 48 hours. No investment other than bitcoin will get rid of your money this fast!

With Mike Hearns revelation to the public the collapse has only started.
In the coming weeks more dirt will be revealed and the price can easily go down another 50-75%.
Remember Mikes blog is only now starting to gain attention. This is a small thing compared to what's coming.
Mike's blog is a must read for everyone interested in Bitcoin: https://medium.com/@octskyward/
It is also quite clear for people who knew him and read his blog earlier than two days ago (the famous post) that he has already been quite negative about Bitcoin for a longer time. that is why, his last post is not that surprising and shouldn't have that much impact.
Plus, the core of the idea behind Bitcoin is to be decentralised, meaning it can leave well without Mr. Hearn, as well as with him.