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Old 01-27-2014, 08:39 PM  
NEW XTC
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Quote:
Originally Posted by jscott View Post
Funny how people attacking bitcoin as if it was the problem. This arrest was based on 1 guys bad decisions. It's like if US dollar was being attacked because of Kenneth Lay and the Enron scandal LOL
Well said.

It's goes deeper - the press coverage of this is obviously slanted to fool people like ADG into thinking these guys are actually involved or in control of Bitcoin. The financial sector has a lot of status quo players who will jump on anything that may undermine confidence in cryptos.

BTC has a very precarious confidence curve still (that will go away eventually) - so anything even slightly threatening to the system will cause a crash in confidence (and price) - these guys getting arrest won't slow the train down one bit.
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