Bitcoin lawsuit shakes the industry.
My advice? Don't get bit.
http://www.inc.com/eric-markowitz/a-bitcoin-lawsuit-shakes-the-industry.html?cid=ps01902money
Mt.Gox, the Tokyo-based exhange that currently handles about three-fourths of all Bitcoin trades in the world, is suing the Seattle-based Bitcoin exchange CoinLab for about $5.3 million.
Last February, the two companies announced a partnership--CoinLab would become Mt.Gox's exclusive North American agent. The deal made sense, largely because Mt.Gox couldn't serve the American market efficiently. But by May 2013, things had gone awry. CoinLab claimed Mt. Gox breached the contract. "Defendants have breached the exclusivity provisions of the Agreement by directly servicing customers in the United States and Canada since the Agreement took effect," CoinLab alleged. The exchange announed it was suing Mt.Gox for $75 million.
While that case is still pending, Mt.Gox released its countersuit earlier this week. In it, Mt.Gox argues that when the partnership was dissolved in May, CoinLab was sitting on about $12 million of its customers' money. There are 12 counterclaims in total, but the most urgent is this: Mt.Gox says that CoinLab handed over about half of the money it received from Mt.Gox customers, but is still squatting on some $5.3 million.
SNIP
Regardless of the result, the turmoil between the two exchanges is likely a roadblock to major Bitcoin adoption. In the short term, the severed partnership has essentially made it more expensive for customers to withdraw money from their Mt.Gox accounts. But the longer-term effects of the litigation will likely hit the public's perception of Bitcoin. In other words, if Bitcoin exchanges like Mt.Gox and CoinLab can't assure the public that they'll even be operational in the next year, is it really likely that large numbers of businesses--not to mention average Americans--will consider using the crypto-currency?
= new reply since forum marked as read
The Dutch couldn't even eat them when the market crashed.
Of course, BitCoins don't even exist except in the arguably murky world of Internet and mathematics.
It seems to me this is like a guy walking up to me on the street with a Juicyfruit wrapper and saying "This is going to become a new currency. Buy it from me".
I'm going to sell my stocks and precious metals and buy some math!
"With these attributes, all that is required for a form of money to hold value is trust and adoption."
"Trust us" is their backing. 
And people wonder why satire is hard to identify these days.. 
When I bought it a few years ago, it was already known to experience wild fluctuations in value. It could be worth $1 one day, $2 the next, and 50 cents the day after that. When I bought, I was more worried about what I would probably lose than what I could make. My only real goal was to buy some pot and hash oil before the value plunged again.
The fact that the price shot through the roof shocked me as much as it did anyone else. Of course, it's also a bit depressing to realize that I bought and used many hundreds of dollars worth of Bitcoins before I decided that Silk Road was getting too risky, and I spent most of those Bitcoins on pot. If you look at the potential value of those Bitcoins, and the amount of pot I got from them, even my stingiest pinners cost me hundreds of dollars. If I'd banked those Bitcoins instead of buying pot, I'd have turned a six figure profit.
Ah well. I should have bought AAPL too. Hindsight is 20/20 
Amazon, etc.
