Too many retards move BTC out to cold storage. An exchange or two goes bust. I'm sure you know what effect this will have on BTC price? Well, at least historically we saw big exchanges going out of business but never 2 or 3 of them simultaneously. BTC price plummets to double digits.
Great job guys, it was a good cause and stuff and we proved rehypothecation etc but there are no winners and there's price to pay. Is it worth it?
Abso - fucking - lutely.
For to continue on under partial reserve scams makes us all losers. Rip off that damned bandage.
Frankly, I think the price would not be negative. We would have demonstrated a purge of the bad actors, leaving only proven honest dealers. This is good.