The four horsemen of the Bitcoin apocalypse

Wouter Schut Blocked Unblock Follow Following Apr 8, 2016

All these things will happen within one to three months:

In the most optimal case Segregated Witness prevents us from hitting the hard-limit, and the release of new chips keeps difficulty rising despite the halving. The best case scenario would see Bitcoin chug along without any disruption whatsoever.

But there seems to be a calm before the storm, with difficulty and price flatlining. And whatever side you are on, you can’t be certain what is going to happen next. Because we are going where no man has gone before.

For a currency which we invested billions of dollars into, that should make any Bitcoiner feel at least a bit uneasy. If that wasn’t yet the case, then read on.

The worst case scenario would be that these four big events don’t cancel each other out, but that together they become even worse. That could go something like this: