Quote from: m0gliE on August 04, 2016, 01:27:30 PM

Quote from: DeathAngel on August 04, 2016, 12:53:00 PM

Quote from: ekissane on August 03, 2016, 10:05:27 AM

Nearly 120,000 bitcoins stolen. Stuff like this happening does not instill confidence in bitcoin. I worry about the future of bitcoin. Seriously thinking of selling mine.

This is an unlicensed exchange, I don't think it will do anything to harm bitcoin's attractiveness to new or current investors.

Doesn't matter. It means that most of the people who were holding some btc here are not going to use it anymore. We lost thousands of users because of the hack, it will hurt btc and a lot.

You're absolutely right. I did a search on acceptance of different payment systems like PayPal, Amazon Payments, Apple Pay and so on. Bitcoins acceptance rate is at best one fourth that of other systems and at worst one 50th. Apple Pay is only used by a small group (24 million iPhone users), has been out for less than 2 years and already has 4 million users. Bitcoin has been out 6 years, can be used by everyone in the world and only has roughly 1.2 million users. Bad press has been crushing Bitcoin since its inception.

The idiots on this forum 3-4 years ago used to say, "any press coverage is good". Ask any businessman in charge of marketing and they'll tell you that good press coverage is good and bad press coverage is murder.