Speaking at the World Economic Forum, George Soros, said it was a speculation based on misunderstanding of bitcoin.

“Crypto currency is a wrong name, and always some kind of misunderstanding, which is based on a typical balloon. Bitcoin is a currency. A currency is supposed to be a stable store of value. In a day and a currency that can show a 25 percent surge, for example, cannot be used to pay. This is a speculation based on misunderstanding.”

Us we'll have to wait and see,what's gonna happen@zer0hedge