Bitcoin Forum

Economy => Speculation => Topic started by: Biodom on February 25, 2014, 05:58:33 AM



Title: "Old" bitcoin vs newcomers (Second market)
Post by: Biodom on February 25, 2014, 05:58:33 AM
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.


Title: Re: "Old" bitcoin vs newcomers (Second market)
Post by: DieJohnny on February 25, 2014, 06:00:24 AM
going lower.... it is 1 AM Eastern time right now. Next 24 hours is gonna be insane.


Title: Re: "Old" bitcoin vs newcomers (Second market)
Post by: N12 on February 25, 2014, 06:01:06 AM
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.