Bitcoin is basically destroyed now with 70% of the mining controlled by China, soon to be 98+%, and with Blockstream implementing their SegWit soft fork Trojan Horse so as Matonis admits can end up increasing the 21 million coins limit.
The entire ecosystem is headed for a clusterfuck.
I honestly believe this is the truth. What is there to add ?
~CfA~
UPDATE: https://bitcointalk.org/index.php?topic=1465136.msg14789764#msg14789764Well I honestly believed that this a real false statement where bitcoin is 70% destroyed, you've got to be kidding me. Now is almost 2017 and the price value was almost 1200$, is this the kind that bitcoin is basically destroy. Though the volatility is being happened in the ecosystem in the market but still remained closed at the price of bitcoin not reaching below 1200$.