About strong move, security and responsibility.
You all know what happened right after price bump in Jun 2011.
Mtgox got hacked.
Because unknown service coded on knees was not valued in hackers while bitcoin didnt have significant value. But since bump, MtGox security gained value in hackers' eyes. They realized that there are millions of dollars located there and nobody there give a fuck to security. And we got what we got.
The same stuff with pirateat40, bitcoinica and others. Anonymouse nature of bitcoin destroys any responsibility in service owners mind.
We remind regulary to MagicalTux
about bug with price walking behind walls. This is total crap for serious marketplace. And what? And nothing. Maybe Tux relaxing on bahamas with whores and your money and dont give a fuck about such minors.
There is no central authority in Bitcoin which will force services to complete identification and force to meet security standards like PCI-DSS.
And what doing Bitcoin Foundation about that? Nothing. They just scream about bitcoin price gaining value 100500% in press release. Drones.
They dont realize that if Bitcoin will get $100 in value - 80% of bitcoin services will be hacked and fucked up people for money due lack of security and resposibility.
So i see a
strong price resistance in a form of absent security and responsibility control by some authority.
All major drops were due to some big service fuckup.
You want Bitcoin $100? Go ahead. that would be apocalypse.