No one has had to make Paypay look bad, they have a long history of doing it too themselves. Just spend a little time reading these forums about Paypal which have NOTHING to do with bitcoins buys most are ebay, I know people who have experienced these scams first hand so they are REAL and do happen everyday!!

The first link is the latest forums the second link is an older forum from 5-6 years ago so you can see this has been going on since Paypal was started.

http://paypalsucks.com/newforums/

http://www.paypalsucks.com/forums/

You can blame proudhon, as long as he keeps posting we will continue to hit record highs. $240 was a given with his recent rash of posts, one more post from him will guarantee $250.

Looks like the price rise has died.  

Thank You proudhon, I knew when you made this post that we would easily smash through $150 this weekend. You ALWAYS come through for us, you are the best!!!

Thank You proudhon, please tell us that it will not make $125 now.   

New ATH of $98.10 on the gox??

Thank You proudhon, I knew you would not let us down. 

Proudhon confirmed yesterday that it would happen, so I suspect in the next few hours it will hit it on gox, he has never been wrong yet!

I guess it is official,  $80 this week for sure.

Thanks proudhon, I knew you would come through again!

I have said it once and I will say it again, Proudon is the most accurate financial analyst in WORLD HISTORY!!!!!   

He may have an unorthodox way of doing it but he is ALWAYS right.

+100,000,000,000,000,000,000,000,000,000,000,000

That was a very easy question to answer, who ever sold YOU the coins is the one who lost out on the profit that you gained.

I think I will continue to follow proudhon's advice, he is by far the most accurate financial analyst in world history even though he does not technically follow his own advice.

I was starting to worry about the price going up so fast again but now we can all rest easy now that proudhon has spoken. 70 here we come!!!

^ +1 ^ for both of the above posts.

The fork that happened the other day was probably a good thing as it not only reminded developers that there are still a few issues that need to be taken care in future updates as Bitcoin evolves but also slowed down the run away price increase which was well on its way to spiking to high to fast which would have probably ended up crashing down pretty hard. Now that it has stabilized in the mid 40's it has a better chance of building a could base before it moves up higher.

Aww come on take a Wild Guess.

You may think being a troll is all fun like sitting on the beach drinking beer but it is actually hard work so they are taking the rest of the week off so they can be rested up and ready for the next move up.

Bitcoin has uses that Silver does not, I am sure it is safe to say that most people on here especially those early adopters have access to Paypal and credit cards but there are MANY people out there who do not and probably never will which means they have a very hard time buying through the Internet.

   Well bitcoin is a new way for those shut out of the traditional banking system to have a way to shop online, obviously there is a long way to go in terms of more businesses accepting Bitcoins but as they do more people will seek to acquire bitcoins which in turn will increase demand and most likely price.

  Is Bitcoin mostly an investment type of thing now? I think it is safe to say yes but that is starting to change and as it does more demand usually translates into higher values for Bitcoins.

If it stays here for a while and then crashes down to 20ish and the new businesses that have started excepting bitcoin take a financial hit then YES it will be harmful and may prevent other companies who are watching to see how things go before they decide to get on board by accepting bits. If it just floats around the 35-45 price for a while before it goes back up then it should not hurt bits reputation.