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<p>[QUOTE="Prime Mover, post: 2661091, member: 38783"]Thanks. My apologies if my post quoting you came across as combative or aggressive against your statement. 'Twas not my intention.</p><p><br /></p><p>Your post was what I feel is a common perception about how most view Bitcoin, and sadly, it certainly did earn it's bad reputation in the beginning by being used quite a lot for illicit means. The whole Silk Road situation was probably one of the lowest PR points for Bitcoin because that spawned a lot of the news about Bitcoin being used as a currency for thieves, drug dealers and generally unsavory people. </p><p><br /></p><p>Mt. Gox (the japanese exchange that was hacked and caused the first major price tumble) was another case of bad PR, because it shook the very foundations of what Bitcoin stood for - anonymity and security. If someone could hack a major exchange like that, which was supposed to be like Fort Knox, how could anyone's "coins" be safe?</p><p><br /></p><p>Both of those things have taken quite a while to recover from, and there are certainly still many cases of growing pains, but so far, the community has found mainly common ground and pulled through. Now it's up to them to continue to trumpet the positives, and hopefully through that it becomes more stable and continues its sticking power.[/QUOTE]</p><p><br /></p>
[QUOTE="Prime Mover, post: 2661091, member: 38783"]Thanks. My apologies if my post quoting you came across as combative or aggressive against your statement. 'Twas not my intention. Your post was what I feel is a common perception about how most view Bitcoin, and sadly, it certainly did earn it's bad reputation in the beginning by being used quite a lot for illicit means. The whole Silk Road situation was probably one of the lowest PR points for Bitcoin because that spawned a lot of the news about Bitcoin being used as a currency for thieves, drug dealers and generally unsavory people. Mt. Gox (the japanese exchange that was hacked and caused the first major price tumble) was another case of bad PR, because it shook the very foundations of what Bitcoin stood for - anonymity and security. If someone could hack a major exchange like that, which was supposed to be like Fort Knox, how could anyone's "coins" be safe? Both of those things have taken quite a while to recover from, and there are certainly still many cases of growing pains, but so far, the community has found mainly common ground and pulled through. Now it's up to them to continue to trumpet the positives, and hopefully through that it becomes more stable and continues its sticking power.[/QUOTE]
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