Post
Topic
Board Speculation
Re: The future of Bitcoin
by
Jasad
on 22/08/2016, 23:49:37 UTC
Im exited as i saw a thread from the owner of megaupload and he is coming with a new project related to bitcoin, this thread has raised my expectations about bitcoin on the next year, if bitcoin achieves more people, milions extra people demand and supply will start working at bitcoin, and price will raise fast and keep stable.

The price would surely rise when the community gets new investors in a large number but i guess it wont be able to make the price stable, because if new investors buy bitcoin which will make it rise on the other side a lot of people will sell their coins when they see a rise so that will not let it be stable.
but with the number of auctions conducted that the steps taken by the investors to buy bitcoin cheap, hopefully hackers will not be using bitcoin so the price can easily go up.

For the bitfinex exchange hack, the bitfinex has reported to law enforcement, so there is a possibiity that the hacker will be caught.
i highly doubt, bitcoin thieves are really hard to catch and i doubt that this case is going to be different though i hope that he will get cought
bitcoin still as destination for people who have a bad intentions ,
a lot of people trying to create a big bitcoin company and ended it run away with customer money ,
we have seen a drama like mt.gox, cryptsy and the latest bitfinex ,
it is showing how the bitcoin future will run , yes a dark future waiting for bitcoin.