Quote from: thepianoguy on May 03, 2014, 11:16:19 AM

Quote from: Sibolacre on May 02, 2014, 09:57:04 PM

That btw terminate my BTC travel here.... was a fun experience... lost a lot of money, not willing to try it again. Eventually once BTC gets better "securities" with a more trustworthy community i guess i ll try again.

Bitcoin has nothing to do with btc-arbs. Bitcoin with its blockchain is a great piece of technology and I'm sure it has a bright and a long future ahead. Will the value of BTC rise? Who knows, personally I bet it will. Will BTC die as a payment method? Never. Maybe in a long-term future when another crypto will take over.

Exactly. The idea of bitcoin is to have a trust-less payment method where you don't need to trust the bank or government. Trusting your bitcoins with a pretty obvious ponzi site operated by complete anonymous strangers, is pretty much the opposite of the principles of bitcoin.