Quote from: w1R903 on May 06, 2013, 01:16:39 PM

I've been involved with Bitcoin since early 2011 (registered here in June 2011). A dump wouldn't surprise me at this point, but I'm honestly perplexed as to why the price is not skyrocketing now. So many of the things we dreamed of in 2011 are happening:

1. Bitcoin has gotten serious and very favorable attention from a number of extremely well-known VCs

"Extremely well-known VCs"? Acronym search for "VC" yields nothing meaningful in a list of 50. In other words, extremely well-known, when applied to "VC," (virtual currency? Virtual credit? Virtual company?) doesn't mean much?

Quote

2. As a result of (1), a number of amazing new Bitcoin businesses are being built as we speak.

Could you name a couple you are convinced will still be around in a few months & are not related to currency exchange? (SR is already built--doesn't count.)

Quote

3. Bitcoin has gotten explicit legal recognition from the US (Fincen)

Heroin has "explicit legal recognition" -- as a CI drug. What's Bitcoin recognised as?

Quote

4. Bitcoin is routinely covered in mainstream financial news (WSJ, Forbes, Economist). Much of the coverage is positive.

Sounds better than "Bitcoin occasionally appears in newsy financial publications (WSJ, Forbes, Economist). Much of the coverage is negative." Both say the same thing.

Quote

5. Bitcoin is gaining adoption as a payment system by more and more "regular" business each day. Watch r/bitcoin for a few days and see.

Again, could you point me to a few companies of any size which accept Bitcoin? Exclusively? A sub sub reddit is the pinnacle of success for Bitcoin entrepreneurs?

Quote

6. The CEOs of both Paypal and Western Union have said that they're seriously thinking about integrating Bitcoin into their businesses.

In other words, you honestly believe that Paypal or Western Union is likely to offer bitcoin transactions? You don't even need to convince me, just tell me that you think it likely.
If you do not, why even mention it?