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Ask HN: Events in the near future that can crash Bitcoin's value?

2 pointsby mattquirosover 11 years ago
What events in the near future might take place and cause the Bitcoin value to crash? Planning to buy me some, but right now, the price is too high. Or is the only way up right now, really?

2 comments

a3voicesover 11 years ago
The biggest risks are these:<p>1. Strong U.S. or Chinese regulation<p>2. An irreversible, fatal flaw in the Bitcoin protocol is discovered<p>3. A competing cryptocurrency, or other emerging form of money, manages to outpace it in growth and steal its thunder
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actionbrandonover 11 years ago
if more people try to sell bitcoins than want to buy them, the price will decline. possibly rapidly.