Author

Topic: "Old" bitcoin vs newcomers (Second market) (Read 544 times)

N12
donator
Activity: 1610
Merit: 1010
February 25, 2014, 01:01:06 AM
#3
I root for group 2, and I would add circle and coinbase to them. Time to move on and have professionals take over. Assets worth half a billion dollar have been lost because this change hasn't taken place while Bitcoin's valuation rose too rapidly.
legendary
Activity: 1639
Merit: 1006
February 25, 2014, 01:00:24 AM
#2
going lower.... it is 1 AM Eastern time right now. Next 24 hours is gonna be insane.
legendary
Activity: 3892
Merit: 4331
February 25, 2014, 12:58:33 AM
#1
From insolvency statement it is clear that Second Market CEO did not sign the doc, so in my opinion there will be a battle for bitcoin future between technocrats and financial types.

In one corner:
Coinbase
Kraken
Bistamp
BTC China
Blockchain.info
Circle

In another:
Second Market/BIT
and (possibly) Winklevii/Winkdex/winETF

I would certainly root for group#1 because Barry and his crew is same ol', same ol' financials (talk about banks doing an "exchange")
http://www.nytimes.com/2014/02/25/business/apparent-theft-at-mt-gox-shakes-bitcoin-world.html?_r=0

Will 445 low hold? I doubt it.
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