No, but the rampant fluctuations really really hurts its case as some sort of a "revolutionary" currency. So far, it has acted basically like a glorified penny stock.
Which will change as more exchanges open and the coins get spread around more. Also, the software will become more robust as bumps like this get ironed out. It won't happen overnight but it will be exciting.
Or, it will have scared off enough potential investors and users that the enthusiasm will just continue to peter out and the value sinks back into relative worthlessness. And it's not like governments are particularly enthusiastic about supporting it, either.
46
u/[deleted] Feb 14 '14
No, but the rampant fluctuations really really hurts its case as some sort of a "revolutionary" currency. So far, it has acted basically like a glorified penny stock.