Bitcoin not yet proven as credible currency: Aso

Just showing that Aso is the wrong guy for the job.

Yep, BITCOIN is as dodgey as the people in the know say. I know many that have fallen for BITCOIN and have lost small fortunes. Definitely stay away from it.

I know many that have fallen for BITCOIN and have lost small fortunes. 

And there's the other side of the coin (pun intended) where people have made a ton of money from Bitcoin!

A friend of mine bought 1,000 of them several years ago at $5 each. He offered to sell me 100 at $12 each. I scoffed. Now he's laughing all the way to the bank!

I know many that have fallen for BITCOIN and have lost small fortunes.

Really? How? Did they panic and sell when it had a minor drop in price? I have a hard time seeing how anyone up until now could have lost money on bitcoin unless they grossly mismanaged it and/or panicked. It's been on a consistent climb upwards in value basically since it was released, so only someone extremely bad with investments could have lost a small fortune at this point. Conversely, pretty much anyone who has invested in it until this point will have made money - there just have not been opportunities to lose money yet.

I guess they could have had their bitcoins stolen in one of the many heists by Hackers over the past few years.

I doubt it - the poster said they 'know many that have fallen for BITCOIN and have lost small fortunes'. Not many people have actually been hacked. Very few in fact.

I think the poster was likely just blustering, without thinking through that it's pretty easy to point out the flaw in their theory.

I just got a "wallet"

I know zero about bitcoin.

A well meaning friend deposited 0.1 of a bitcoin into my account.

I'm on the rollercoaster guys!

A well meaning friend deposited 0.1 of a bitcoin into my account.

Nice guy, considering that's around $1750ish right now. Very well meaning friend indeed.

You wouldn't have just made that up, right?