In the first days of January the Bitcoin community experienced the painful departure of one of it’s core developers. This small community has been creating the code and systems that the rest of us rely on for our transactions. In his blog post explaining his thoughts, Mike Hearn suggested that Bitcoin has now failed.
His departure, combined with the announcement of problems at one of Bitcoin’s exchanges, lead to a sudden drop in price and considerable volatility for the rest of the month. Some of December 2015’s bullish price predictions have been made to look a little silly in the short-term, but given the extreme nature of BTC price movements, anything could be possible for this year.
http://news.mywebpal.com/business/4-reasons-why-bitcoin-didnt-die-in-january/
