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The founder of Reddit did a good job in analyzing Bitcoins, he's down on bitcoins mostly because the BTC scene has a large contingent of libertarian kooks ranting about central banks, Illuminati and the rest that will scare away the large mainstream companies who might have gotten behind Bitcoin. The shit show at Mt Gox really hurt too. I downloaded a wallet, also created one at an online wallet site, it's way too complicated and risky for the average Joe, password for this, address for that, download a paper wallet, etc not a chance in hell I could get my middle aged family members and friends to use Bitcoins at this point. So it remains the domain of speculators, kooks and drug dealers.
Bitcoin needs some good news in a big way. This is a big buying opportunity for the speculators, let's see how many of them have lost their belief now.
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I moved my sites to Vacares Hosting. I've saved money, my hair is thicker, lost some weight too! Thanks Sly!
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