What events in the near future might take place and cause the Bitcoin value to crash? Planning to buy me some, but right now, the price is too high. Or is the only way up right now, really?
It seems that Bitcoin will have a hard time recovering in the first two scenarios, yes? And I looked at the other cryptocurrencies but I'm not sure they're gaining any traction. If they do, however, why can't they just co-exist with Bitcoin without necessarily harming its value?
[+] [-] a3voices|12 years ago|reply
1. Strong U.S. or Chinese regulation
2. An irreversible, fatal flaw in the Bitcoin protocol is discovered
3. A competing cryptocurrency, or other emerging form of money, manages to outpace it in growth and steal its thunder
[+] [-] mattquiros|12 years ago|reply
[+] [-] actionbrandon|12 years ago|reply