Well, I bought the coins for "research" just to learn more about how it works but putting some equity in the spot so I could stir it around and see what happens.
I got in a 134.99 earlier this morning for 2.06 units.
* It's simply the first viable platform for a currency outside of a fiat currency.
* It's the only electronic cash that is possible to use without paying any fees or overhead to anyone
* It's gives you speculative power to go in and out without worry for overhead and fees related to trading (or excessive trading if you like to gamble by trading)
* It's open and the author continues to be anonymous and the code is open and available
* It's decentralized
To everyone else:
* It's easily "hacked" -- (wrong really at least depending on how you define "hacked")
* It isn't really a "safe" place to put your money (So far at least it has been from my perspective!)
* It's too complicated to get coins (I had to dig a little bit, but I figured out how to get set up for $6.00 taking cash to a bank where I don't even have an account!)
* It can't possibly work long term
What I predict is that soon, more and more people will start telling the real story about bitcoin and as more people realize that technology is a better way to have a currency than a government or even gold, all money will go towards technology (maybe even ala Revelations in the Bible?)
Anyway, I may start putting more of my short-term free cash into BitCoin just for shits and giggles because it's sort of fun to do.
Right now, it seems like the media wants to write it off as sort of "hackable" .. but the prices will be more stable as the network gets more tolerant of attacks.
I'm not worried about the hacks. I think those that are just aren't that smart about the long term viability of bitcoin.
There are some interest analysis on the system here that are worth a read on the technical side of things. So much of the mass media has done a crappy job of explaining how it all works.http://ftalphaville.ft.com/2013/04/03/1425292/the-problem-with-bitcoin/?