I just read on Btcjam blog that they are closing down:
https://blog.btcjam.com/2017/05/25/btcjam-is-closing/, now I am just wondering if big players in thebitcoin industry are closing down, is there any future for bitcoin really.
I came to know about bitcoin through btcjam when i was introduced there to borrow. Eve in this forum, looks most signature campaigns might close down because of the ever rising price of bitcoin. Most of them have reduced their payout amounts for posting by more than 50%. Is this a good sign or a bad sign for the bitcoin development?
Bitcoin is too big to lose so don't be discourage about the news. In fact, Bitcoin has large volumes and demands around the world. It's just a matter of waiting for the perfect timing for the Bitcoin to rise up again in the market. In fact, many countries have adapted in using Bitcoin as alternative mode of payment thru online that has no/less fee and hassle free. Today, we should better to invest now and hold and wait for the price to rise up again.
If the government want to use cryptocurrency like the new payment method, they should to use Ripple or Ethereum instead of Bitcoin. Even dogecoin is more better than Bitcoin at current. The Bitcoin system must to improve before it continue raise more.