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Title: According to TechCrunch - We FAIL Post by: impulse on January 20, 2012, 03:17:41 AM This is pretty priceless, Bitcoin shows what, like a 1500% increase in value from the beginning of 2011 to the end, and we get classified as a failed business model in 2011. Nice!
http://techcrunch.com/2012/01/19/failure-is-an-option-7-businesses-that-tanked-in-2011-slides/ Title: Re: According to TechCrunch - We FAIL Post by: bittenbob on January 20, 2012, 03:25:23 AM Clearly they do not understand what bitcoin is. They must have thought it was a stock or something and that the price dropping meant the business was failing. It's kind of funny really.
Just because it went from $9 to $30 and came down afterwards this is a failure? How about the fact we are almost back at the value 8 days before the peak again which is impressive. Not to mention the fact it is up a significant percentage year over year right now. I like how they also did not show any of the parabolic recovery we have had for the last several weeks on their chart. Title: Re: According to TechCrunch - We FAIL Post by: Littleshop on January 20, 2012, 03:27:14 AM Also FAIL: Their website.
Noscript would have to allow 17 different addresses for the whole page to load. While on the page I got the first clickjacking attempt I have seen in months as reported by noscript. Title: Re: According to TechCrunch - We FAIL Post by: julz on January 20, 2012, 03:36:27 AM It's not actually techcrunch - source is: http://www.boardofinnovation.com/2012/01/19/learn-from-the-7-business-models-that-failed-in-2011/
Title: Re: According to TechCrunch - We FAIL Post by: PatrickHarnett on January 20, 2012, 03:54:00 AM They list one of the businesses as a success in 2010 and a failure in 2011 - random :)
Title: Re: According to TechCrunch - We FAIL Post by: RaggedMonk on January 20, 2012, 04:03:36 AM Ugh, so ugly I couldn't even get to the Bitcoin part. This is NOT a threat, whatsoever.
Title: Re: According to TechCrunch - We FAIL Post by: impulse on January 20, 2012, 04:04:25 AM It's not actually techcrunch - source is: http://www.boardofinnovation.com/2012/01/19/learn-from-the-7-business-models-that-failed-in-2011/ :) I blame them anyway! Title: Re: According to TechCrunch - We FAIL Post by: Serge on January 20, 2012, 04:49:31 AM well at least they've mentioned in the slideshow that Bitcoin is recovering in 2012 =)
Title: Re: According to TechCrunch - We FAIL Post by: evoorhees on January 20, 2012, 05:28:44 AM LOL... not only did bitcoin NOT fail in 2011, it was a better investment than anything else on the planet - up over 1,400% for the year.
Hopefully we'll fail again this year! Title: Re: According to TechCrunch - We FAIL Post by: Rassah on January 20, 2012, 05:42:05 AM Calling Bitcoin a business = FAIL
Title: Re: According to TechCrunch - We FAIL Post by: notme on January 20, 2012, 06:01:18 AM Even most of their other cases are full of BS.
Title: Re: According to TechCrunch - We FAIL Post by: Gabi on January 20, 2012, 11:17:57 AM So much fail
Title: Re: According to TechCrunch - We FAIL Post by: Fizzgig on January 20, 2012, 02:59:41 PM They didn't say bitcoin failed, they just said bitcoin got shot in the pancreas, it happens.
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