Post
Topic
Board Bitcoin Discussion
Re: Crypto going to DEAD
by
Mr.Smithers
on 31/01/2018, 11:18:57 UTC
No it doesn't. Bitcoin has $10k stable price and will be going up for sure.
Was 20K.  Now 10K.  Seems like it is going down to me.  Just wait until next week when Bitfinex quits sending withdrawals.  Very bad times coming soon.  BTC back to $4K. 

This is a true fact.  Get ready now.  I can't do more than warn you here.
Haha the thread is not about the price in principle, but the price is an important aspect of bitcoin being dead. I am mentally prepared for every scenario: the price going up will make me happy, but I know will endure bad times, too. And definitely it may be as RawDog sais - it used to be like this several times already, that the price suffered downhill rush of large magnitudes and for long times.

More to the point, I think the regulations are actually good for bitcoin. Regulations are usually placed to protect the society, at least in principle this is why they are introduced. It will make it harder for others to scam people, be it a malevolent exchange owner, ICO enterprenuer who executes a Ponzi scheme or a hacker hacking your laptop - the police will at least know how to categorize the theft (thanks to regulations). This list may go on...