Post
Topic
Board Speculation
Re: The Bullish Media Center (The 1 stop Bullish BTC news source)
by
JayJuanGee
on 08/12/2016, 22:13:12 UTC


I really think that bitcoin atms and Circle are like comparing apples and oranges.. .sure they are both fruit, but they are different.

It is likely that Circle created a model that was not sufficiently profitable, which may make it a bit difficult for some service to come into their space and to take over the services that Circle was providing at the approximate rate that they were providing.

I don't give a single shit about Circle, it's a startup like any startup, by time, we will have 100x Circle-like Startups Wink

Maybe on a personal level, Circle may not matter too much, but the fact of the matter was that there were a lot of folks who were using Circle, and their surprise announcement was a bit of a shock for a lot of folks.. and will likely have several repercussions in the coming months (at least for some folks to seek out other reasonable means to buy and sell coins), and maybe even some folks will get out of bitcoin out of frustration.  Sure, we may consider some of the Circle folks (seeking user-friendliness) as weak hands, but in the end, I find the abruptness of Circle's change and their announcement to be a bit disingenuous and a spitting in the face of a large number of smaller potato bitcoin users... so some of these folks may get confused by this and frustrated with bitcoin because of the seemingly disingenuous actions of Circle.