Quote from: Beliathon on October 23, 2014, 02:29:59 AM

Quote from: FastForwarded on October 23, 2014, 02:28:48 AM

no serious investors in for the long haul will buy into Bitcoin with the dangers of a 51% attack by the mining pools, the huge risk of Satoshi's 1million Bitcoin stash being hacked and/or sold, and the plague of negative attention on Bitcoin especially when it comes with it's own Foundation Members(Convicted felon Charlie Shrem, Accused Child Molestor Brock Pierce).

http://www.sonlte.com/wp-content/uploads/2011/05/FUD-320x240-300x225.jpg

FUD more please. I guess the current 8billion dollars invested were from "non-serious" investors like myself.

Quote from: FastForwarded on October 23, 2014, 02:28:48 AM

However Bitcoin itself will fade away.

Yeah, just like HTTP did after we developed CSS and java.. oh wait..

It's quite amusing that you classify anything that goes against your investment as FUD. I'm a Bitcoin investor too, and I have absolutely no problem with acknowleding that my investment may have been a wrong one.

Your comment of HTTP vs CSS and Java, doesn't quite make sense. Bitcoin is a supposed currency, not a coding language. Bitcoin is 5 years old and already has decent media exposure. The internet at this time(5 years with good exposure), was making enormous leaps and bounds and in the middle of a trillion dollar bubble, while Bitcoin at this time is in a series of minor pumps and dumps after it's reveal that a bot was behind all the major price rises.

Bitcoin has crutches that simply cannot be overcome, with the main 2 being the bot Willy, which fabricated Bitcoin's entire pump/dump history, as we now know it was behind All of Bitcoin's major pumps and dumps: http://willyreport.wordpress.com/2014/05/25/the-willy-report-proof-of-massive-fraudulent-trading-activity-at-mt-gox-and-how-it-has-affected-the-price-of-bitcoin/, and the 2nd being Satoshi Nakamoto stash of 1million Bitcoins. No investor in their right mind, as of now, would buy into Bitcoin with these crutches. I believe that Satoshi's stash of 1million Bitcoin's proves that this "currency" is just a test, a toy, as he surely must have known the horrible implications that his intensive mining would have caused(Complete lack of serious investments by companies and the like).