Reply to post:

Chinese Bitcoin farms: From scuzzy to sci-fi

Anonymous Coward
Anonymous Coward

"The price has been pretty stable for the last six months."

But in a non-transparent market and potentially illiquid market it is at risk of massive volatility. And that could come from any one of a number of causes:

Crims decide that Bitcoin transactions don't give anonymity in an NSA world

Big institutions find Bitcoins not worth the work after compliance and capital reserve needs

Somebody comes up with a better way of mining coins, and supply expands


Bitcoin will remain a boom and bust economy whilst it remains part of the shadow financial system.

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