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I would disagree. I think a event like a major exchange being raided would cause a mass selling panic. When megaupload was raided, it wasn't the only one that

I would disagree. I think a event like a major exchange being raided would cause a mass selling panic. When megaupload was raided, it wasn't the only one that was effected. Almost all of the other file lockers shuttered/closed immediately. Its foolish to think other exchanges would not follow suit if one was taken down. If there is no way to turn your bitcoins into another currency, you would be silly to think you could still buy goods that cost someone else money with them. Whos going to spend money to lose money?

scotty79 14y ago
> I think a event like a major exchange being raided would cause a mass selling panic. I agree. I just don't think it would kill bitcoin. Because killing one exchange would just make others more popular. That's what happened when most popular bitcoin exchange in my country lost their wallet. :-) World consists of many countries with many laws. I just don't see all of them cooperating in killing bitcoin. Besides how well megaupload raid worked for Hollywood people?