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Topic: Reasons for a possible BTC price decline? - page 2. (Read 1503 times)

legendary
Activity: 1596
Merit: 1027
December 14, 2015, 10:31:26 PM
#8
Well I mean it seems that everyone has forgotten that there is still a blocksize debate going on, and the direction of where bitcoin goes from here doesn't necessarily matter any more because of "da halving!! Tongue".

Where the devs take it from here is very important for Bitcoins long time success, and what people are proposing from both sides on the topic of what the block size should be would be a huge change in the structure of bitcoin block chain itself...

So what I'm trying to say, is that if a bad mistake were to happen in this debate and the possible fork fails, then we would see a major decline in price because there would be no more trust in how bitcoin operates at it's most fundamental level.

Yeah, I guess you touched a sensible spot! And IMO it is the most threatening and real reason that can br4ing bitcoin down to the gutter
full member
Activity: 126
Merit: 100
December 14, 2015, 10:28:24 PM
#7
If satoshi we're to ever show his face it could mean a lot to bitcoin if he dumps but we still found no sign of him.
legendary
Activity: 1316
Merit: 1004
December 14, 2015, 10:24:33 PM
#6
Well I mean it seems that everyone has forgotten that there is still a blocksize debate going on, and the direction of where bitcoin goes from here doesn't necessarily matter any more because of "da halving!! Tongue".

Where the devs take it from here is very important for Bitcoins long time success, and what people are proposing from both sides on the topic of what the block size should be would be a huge change in the structure of bitcoin block chain itself...

So what I'm trying to say, is that if a bad mistake were to happen in this debate and the possible fork fails, then we would see a major decline in price because there would be no more trust in how bitcoin operates at it's most fundamental level.
hero member
Activity: 504
Merit: 500
December 14, 2015, 10:18:43 PM
#5
If Craig was to be Satoshi and dumped all of his coins that would be a hard blow. Besides, that would mean that all the bitcoin project had been a Ponzi scheme all along.

Other than that would be a leak coming out saying bitcoin was an NSA invention and was bugged from the start and was al part of a bigger plot: The New World Order
legendary
Activity: 1568
Merit: 1000
December 14, 2015, 10:09:40 PM
#4
I think Satoshi's identity reveal can bring some bad news in these days, however the value is rising. But just for speculation, imagine if we found out that Satoshi has millions of BTC or other bad things and it was all a dishonest endeavor from the get go. That will be a huge hit on Bitcoin image.
hero member
Activity: 770
Merit: 500
✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪
December 14, 2015, 10:06:57 PM
#3
Finding a bug in the code for example. That would make the coin go down like ligthning.


Also some kind of international banning (USA or Europe Union banning it or considering it illegal) or finding corruption among the core developers in a major scale.

But those are things that would be hard to happen.
legendary
Activity: 2142
Merit: 1065
✋(▀Ĺ̯ ▀-͠ )
December 14, 2015, 10:06:22 PM
#2
What are some of the main reasons that may put Bitcoin in danger and have a terrible effect in its price?
please comment!

in danger = computers that could find your private keys in few hours? no internet/electricity worldwide?
terrible effect in its price = sell a massive amounts with few buyers? USA/EU/JP/CHN reject its local currencies and adopt bitcoin? another mt.gox?

my guesses Tongue
legendary
Activity: 1596
Merit: 1027
December 14, 2015, 10:00:13 PM
#1
What are some of the main reasons that may put Bitcoin in danger and have a terrible effect in its price?

please comment!
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