comment by mk

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comment by mk

mk · 4000 days ago · link · · parent · post: Bitcoin seems to me to be in some sort of a crisis but reddit/r/bitcoin does not even flinch.

/r/bitcoin has a large contingent of speculators, libertarians, and kids. That said, the recent crisis is MTGox's crisis. If they had been more responsible (less criminal?) like the other exchanges appear to be, the current crisis wouldn't really exist. I think most assume that bitcoin will survive the demise of MtGox.

Bitcoin will need regulation. It's too easy to steal people's money.

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JakobVirgil · 4000 days ago · link ·

Wasn't MTGox supposed to be the big stable one?

Bitcoin will skid on for a while longer. This will be seen as the second wildcat bank era.

+discuss