The Presidents pen started this crash. The moment he signed the debt deal, people suddenly realized they liked their USD alot more than Bitcoins.

Who are the bears in this market?

Is the correct assumption the miners?

I truly don't understand what drives this market other than good news / bad news.

From a short-term money making perspective it's dead. I agree with you though, that mining (even at a loss now) can render profits in the future. Which goes back to my original point of difficulty never dropping back to "easy" levels...

Why would they go out of business? They have the equipment already, and remember most people who run these big operations are most likely doing it from a place where cheap electricity is available, so even if they are breaking even after electricity, why would they sell?

I honestly just don't see difficulty dropping to a reasonable point ever...

Mining is dead...
Unless you have some customized gear, and thousands of dollars... And even then you may never pay back your equipment.

http://current.com/shows/countdown/videos/special-comment-the-four-great-hypocrisies-of-the-debt-deal

WOW!

Jesus Christ no wonder the developers threw us out to the forest...

No one in the Democratic party is suggesting that poor people and students pucker up and pay money that they don't have... Please watch this video http://www.youtube.com/watch?v=Cu5B-2LoC4s

I have no problems paying taxes... I already do so in RL...

I never said the bill was good. The tea party held us at gun point and we had to go with whatever they demanded. I am disgusted by this entire process, and the unwillingness by some of the wealthiest among us to help their country has amazed me. But yes of course I am happy that my country didn't go to default, thus causing global crisis...

It passed the house!

Are you talking about Tweetforum or Bitcoinforum? I apologize for causing confusion but I was talking about TweetForum in my post not BitcoinForum. BitcoinForum is not mine...

I think it's important to note that the TF Bitcoin forum is paid to post. I don't know what these other guys are offering you folks, but we are offering .25BTC for every 100 Posts... Don't let your ideas go for free!

http://tweetforum.com/bitcoin

As many of you already know Tweet Forum has a paid-to-post revenue sharing program, where we pay our community members real Bitcoins for good posting. This is an excellent place for new comers to get familiar with Bitcoins and earn while they ask questions! There are a few forum members already taking advantage of this opportunity!

We are currently paying 0.25 BTC for every 100 posts at Tweet Forum !

Here are the rules to the program,

1. All new members are automatically signed up for this program, however to obtain the rewards all participants of this program must abide by the rules and regulations set forth by the Tweet Forum Administrators.

2. All participants of this program must do the following to get paid,

A. Keep new topics limited to 10 new threads per day. If you are caught making more than 10 new threads per day, and/or duplicating older threads, you will be disqualified from the program.

B. Posts must be at least 3-5 sentences long (1 paragraph). This is to prevent spam and one liners!

C. Copy and pasted articles/videos should always include a 1 paragraph opinion

D. Must be in good forum standing. If you are known for trolling or simply causing problems, you will automatically be disqualified from the program and possibly even banned...

3. Payouts can be claimed as soon as a poster has earned 0.01 BTC (4 posts), and must be claimed to me. I will review your account and make sure you have been posting to these standards and you will get paid immediately.

I thank all of you for your time, and hope to see some of you earning there !

We are a new community and still have tons of growth ahead of us. This is a great way IMHO to have some fun and get some new people into Bitcoins that would have never thought of buying/mining for this asset.

http://tweetforum.com/bitcoin

No no no , I mean tweetforum..

http://tweetforum.com/bitcoin

My forum has all the features I hear every person in here complain about day in and day out..

They are smart not to associate this forum with their beautiful project.

Intelligence and goodwill will always win. I admire your professionalism Keyur.

The President wants to cut military spending by almost 1/3. Republicans would never give him that kinda bill though.
America needs to make a CHOICE IMHO. Either America chooses to embrace a liberal Agenda that's smart and progressive. Or America chooses to go into a full blown capitalistic state where social safety nets are no more. I am a bleeding heart Democratic Socialist Liberal and I don't run away from who I am. People need to stop running away from who they are, eg. conservatives voting for tax cuts they will never benefit from.

It would be really stupid of the President to come on TV and announce a deal that didn't have a 99% chance of going through. The compromise already has guaranteed support in the Senate. All that has to happen now is for Nancy Pelosi and John Boehner to whip up some support for the bill from their respective party's in the House. America is not going into default,  no matter what all of these foreign nations or other competing entity's may think.