[LRoggy]

Stick to politics Steve. Bitcoin is a JOKE that will end badly. Just had a major theft earlier this week of $28 million I believe.

[oblomov]

>>Bitcoin is a JOKE that will end badly.

How many years after all of your mutual funds hold a position will this occur ?

[palmer]

Just had a major theft earlier this week of $28 million I believe.

Exchanges are prone to theft. But people who hold their own private keys and transact are pretty much immune to fraud or theft. The current price chart show it bouncing along a $6k support level since the peak. With no more ridiculous rises in sight, it is boringly stable on the downside as well.

[robroys woman]

Just had a major theft earlier this week of $28 million I believe.

---

For me, that was Bitcoin’s “Titanic” moment. I mean, the whole point of the Titanic was that it was unsinkable.

And the whole point of bitcoin is that it is secure.

Was. Was secure.

[CodeToad]

The mere fact of the computations required says it is a weak and untrustworthy currency.

The cost of the currency in computational dollars (computing systems and electricity) says it is not a profitable endeavor.