Quote from: Vladimir on June 20, 2011, 03:07:08 PM

Quote from: lardycake on June 20, 2011, 03:03:43 PM

http://blogs.forbes.com/timworstall/2011/06/20/so-thats-the-end-of-bitcoin-then/

Was a good run guys.

Quote

Bitcoins arent secure, as both the recent theft and this password problem show.

Is this dude really that stupid or just a shill? Bitcoin exchange is hacked therefore bitcoin is not secure, published it in Forbes no less.

If anything, persistent attempts, whether successful or not, to steal bitcoin demonstrates exactly the opposite i.e. that bitcoins are very valuable. Criminals do not steal worthless stuff.

That is correct. And if it's easy to get robbed blind or exchanges keep getting hacked because of their incompetence - it will be just as easy to lose confidence in BitCoin, despite its solid technical foundation. Ultimately, you're dealing with people's nerves, trust, confidence, fear.... That overrules anything else, including rationality.