In his characterization of it. You can say the exact same things about good old cash. The two links provided are from the silk road seizure which actually had no real impact on bit coin's value. I think it's a bit of a gamble and I wouldn't bet my life savings on them, but I see enough upside to throw some money at it and let it ride. It's nearly doubled in value since I purchased around 10 days ago. Bubble? yeah, good possibility. the question is when the current bubble pops, how low will it drop and will it resume the steady climb in value it's had for the last 3 years?