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Old 01-27-2014, 08:57 PM  
Wellness Cash
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Join Date: Nov 2013
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Quote:
Originally Posted by NEW XTC View Post
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.
Exactly, if anything it just opens up the market to a better, more well managed exchange.

Every time an exchange or BTC business gets harassed, it lets those looking to get into the business know the type of things to avoid painting a bull's-eye on their forehead inadvertently.
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