Originally Posted by crockett

Bitcoins are just way too sketchy, specially at its current prices. Govt could still at anytime deem them illegal and it would crush the market. A added issue, is the electronic money market, can only work if there is places to spend that money.. That's the only way to create a real value that isn't just speculative. The people that have a lot of BC can't even cash them in, so the large gains they made from its spike are really nothing more than vaporware until they can exchange it for something of real world value.. Be that products or other currency.

This whole thing reminds me so much of pump and dump penny stocks.. Sure you can make some extra money on the side in small amounts, with a large risk, but any serious amount is extremely foolish.