> So far you have no flight out of BitCoin, however. The high-profile hacks do not seem to be depressing the price. Why? I dont’t know, and that’s my point. I

> So far you have no flight out of BitCoin, however. The high-profile hacks do not seem to be depressing the price. Why? I dont’t know, and that’s my point. I have the rare ability to understand that stuff really well, and it still gets over my head, everything is still based on anonymous forum speculation, and year-old leaks… Seriously? I’m not saying it’s crumbling (evidently, it's not) I’m saying people who are not invested are not going to be convinced by another layer of obfuscation. Why? I’d venture this is because whomever holds BitCoin has more to loose, namely their potential key position if the currency succeeds, than their current asset. But I don’t know these people; they only came out once, to say that MtGox was an isolated incident, crippled with cluelessness and that serious actors were not exposed, and that they are going to implement audit. I was expecting the next news cycle to be auditors with ties boasting on their portfolio of pen-test, accounting checks, etc. I was actually expecting to send an email to a couple of friends of mine (who have the perfect skill-set for that, and are both currently rotting in a soul-crunching position) to tell them to apply. Instead… The clueless club seems to enroll members, with an alarming (and admittedly anecdotal) k-factor. I do contagion studies; I don't like high k-factors. I like people who say ‘transparency is the best disinfectant’.