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New York Times Bombshell announcement from Mike Hearn, Bitcoin Developer: I sold all my coins, Bitcoin has failed

1/15/2016

New York Times has grabbed on to the Hearn announcement which was made where he declared Bitcoin has failed and sold all his coins.

You can read the article here. You can bet that when New York Times is running the story, everyone else in the Mainstream Media (MSM) will be grabbing on too. This is already leading to some market activity (if you believe there is an effect):

This could only be the beginning of the market reaction to the drama between bitcoin development camps. Last time this happened we had a major selloff in the summer of 2015.

If China doesn't bring price back up with some capital controls panic buying of bitcoin, this could be a nasty weekend for price.

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