A fact about bitcoins
 

More than 10% created have been stolen so far.

The six biggest hacking, theft and fraud incidents involving Bitcoin exchanges, wallets, or investment vehicles have resulted in a total 1.2 million Bitcoins being stolen, out of a total of 11 million Bitcoins in existence. This means that more than 10 percent of all Bitcoin has been stolen, and this does not include many smaller thefts and losses from individual wallets. Just this week, another wallet service was shut down after suffering an attack

http://techcrunch.com/2013/04/05/why...about-bitcoin/

But don't worry. Even though nations can't keep their deepest secrets secure, your money is safe.

that's actually incorrect, it's closer to 5% according to the official thread

https://bitcointalk.org/index.php?topic=83794.0

Yup, that's what happens when you don't keep your money with you.
Reminds me of real life.

Last week i read about this thing called Phishing. Criminals use it to steal from bank accounts. Imagine that!

Before you know it there will be criminals skimming your bank card at the atm.

That would be nuts!

the big difference being with banks you get your money back. with bitcoins, no one cares.

tell that to the people in cyprus

http://gifrific.com/wp-content/uploa...yant-judge.gif

:thumbsup:thumbsup:thumbsup

:1orglaugh

:thumbsup
and for the folks not in a country torn up by a volatile currency, bitcoins is best looked at as speculation only. it's not a currency replacement and never will be, it's not a safe haven for life savings, it's not a replacement for 401k plans or for typical investment strategies.

it will more than likely fail.

i'm not sure what you mean.

economies that wouldn't exist if not for tax evaders don't apply.

dont change the rules of the game after we started playing

bitcoins bitcoins it's raining bitcoins :2 cents::2 cents::2 cents::2 cents::2 cents: