mal, the negative sites and stories you are putting up are a dime a dozen on the internet. There are literally hundreds of such stories, which reached a crescendo when Mt Gox exchange collapsed recently.
They may be right, I don't know. As I posted earlier, initially there will be a wave of skepticism. There was in the US, which has since died down, especially once the big banks and hi-frequency traders got on board.
It it were not hi-risk the price would be a lot higher than 5 cents. If I were you I would have a dabble...
Those who took the risk early yesterday on opening, are ahead by 47%. My case rests.
MEJ Price at posting:
5.0¢ Sentiment: Buy Disclosure: Held