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

by mattquiroson 11/18/2013, 5:35:58 AM with 2 comments
  • by a3voiceson 11/18/2013, 5:40:28 AM

    The biggest risks are these:

    1. Strong U.S. or Chinese regulation

    2. An irreversible, fatal flaw in the Bitcoin protocol is discovered

    3. A competing cryptocurrency, or other emerging form of money, manages to outpace it in growth and steal its thunder

  • by actionbrandonon 11/19/2013, 3:34:29 AM

    if more people try to sell bitcoins than want to buy them, the price will decline. possibly rapidly.