Quote from: rapazev on December 16, 2016, 05:35:36 PM

Quote from: manbitcoinlover on December 16, 2016, 01:57:11 AM

Quote from: Conus on December 16, 2016, 01:46:49 AM

It is bad for business that this company is out. It is bad for bitcoin in general, for if a number of companies like this go out, then others will get scared and follow to collect while they can. Just IMO

Maybe, but for right now there is no reason to panic or worry about financial institution investing in bitcoin. Just because circle decided to bail out with its +100 million dollars and stop bitcoin transactions does not mean other businesses will follow.
For example, in South Korea a new blockchain, consortium launched. Where many South Korean financial firms invested in the creation of it. So, back to circle, just because one big player went out, does not mean other worldwide businesses will stop meddling with BTC.

no need to panic, but still not good for bitcoin.
circle isnt a small company going out of crypto market... we are talking about a considerable amount of money. so, at least in a short term, it's bad for bitcoin. especially because every time a company stop using bitcoin, the media does not waste the opportunity.

As an investor things like this should not be taken lightly.

Between this and the IRS thing with Coinbase it would be wise to stay on your toes.

If I didn't know any better I would say exits are being eyeballed.