Quote from: Armis on March 01, 2014, 11:11:43 PM

Quote from: TheBison on March 01, 2014, 10:56:45 PM

A ton of Bay Area VC money (Andreessen Horowitz, Google Ventures, Founders Fund, etc.) has been pouring into Bitcoin-related startups. Prepare for a lot more user-friendly services/products to open the door for more newbies.

Winklevoss ETF is on its way too.

I assure you that every VC in their right mind is pumping the breaks on any and all btc startup deals

The btc infrastructure took a SERIOUS hit, it's not just what actually took place with Mt Gox, however if it is allowed to go uncovered, it could be duplicated over and over again. That's a broken system, not just a bad player.

So don't expect those deals to close even if they have "commitments".

Actually this sounds more like a bad player than a broken system.

There's a lack of security and regulation right now that allows the players to be as incompetent as MtGox... that does not mean the system (bitcoin/protocol itself) is broken