Bitcoin Forum

(From the Willy Report) In the interest of full disclosure: I’ve known of everything I wrote in this report since basically a day after the database was leaked, well over 2 months ago. I’m sure there are at least some other people that knew about it – I mean, it’s there in plain sight, in publicly available data, so it surprises me that no one else has come out with it until now. I specifically waited for the Goxless, free market to finally break the ongoing downtrend on its own strength before releasing it. Barring similar shenanigans at other exchanges (looking at you China) I think this means we may be at a “fair” valuation now, and that this knowledge will not hurt the price all that much. That said, despite everyone’s expectations, it seems unlikely that there will be another huge “bubble”, seeing as they were never “real” in the first place. Hopefully, price can rise at a more controlled pace as more and more good news comes out; it will be much better for Bitcoin as a technology than the crazy volatility and outrageous valuations we’ve seen last year.