Actually he is just stressing out volatility and he even says that the price might return soon to pre  crash levels. Pretty descent article from someone that obviously thinks of bitcoin as something that it's not going to happen.

Yes, the forces of Francisco Franco eventually won the Spanish civil war, leading to the dictatorship. But my point is, it didn't fail because of a lack of internal organization. It, as well as other similar movements throughout Europe (in Greece, Italy, etc.) in the period immediately after the Second World War, failed due to external attacks. In Spain mainly because of the Fascists and Communists, in other parts of Europe they were "liberated" (read "slaughtered") by the Allied forces.

I 'll share the same surprise if the price stabilizes or even better if the downtrend gets reversed. For now i 'm still kinda scared.  

In the long run, as long as major network problems don't ruin it,  bitcoin should continue to rise because it's supply is defined and actually decreasing.  This is because it's the first of its kind and the crypocurrency that people have heard of.  Alt coins have really never been in the news.   If only I bought when I saw it at $500 last night.

Oh, they were pretty well organized alright. In fact, in many ways much better than the government they had. Take a look at the 6 part BBC documentary "The Spanish Civil War". You have to understand, this wasn't chaos and "survival of the fittest" we're talking about, it really was a well organized society... it just so happened that it had no central government, and still worked.

That is my biggest concern with trading as well.

The article is not so bad. I mean clearly the writer doesn't believe in bitcoin but it's an article focuses on volatility and volatility is a fact in bitcoin.
Apart from the title everything else is fine with me.

Hmm, haven't relatively large anarchic communities already existed? For example, those in the regions of Catalonia and Aragon in Spain, 1936.

1.  Talk with a CPA or the equivalent, and get a professional opinion about the tax situation coming up next year.  Don't do something because of rumor or a mistake.
2.  Read about the Winklevoss SEC filing.  In particular, see if it is possible to put a lot of the bitcoins into a fund that in turn can be put into a tax sheltered retirement account.
3.  Do something good and important with some of the coins.  This depends on your own personal interests.  Perhaps help a college, or a charitable foundation that works for some cause that you think is important.  My own cause is related to domestic violence / violence against women because my daughter was murdered by her boyfriend.  
4.  Again, talk to the CPA and find a way to withdraw the money over a period of years with careful attention to the tax situation, but enough money to pay your minimum food and shelter, but no frills.  Get a job for the frills, let the bitcoin keep growing.
5.  Don't try to do currency exchange.  If you ignore this, get a practice account and after you lose all that money then do not try to do currency exchange.
6.  Invest in something that will help the bitcoin community.  Pay to develop software that does something important, or help start a bitcoin economy in a small town.  For example, I live in an isolated town of about 5,000 people with about 1,800 students in it.  A donation of a few hundred bitcoin spread among several merchants and all the students could dramatically increase the future value of bitcoin.  Find a similar situation and support it.

It was almost established beyond doubt that the Czech guy Tomas was the one who stole USD 100 million worth of BTCs. The evidence was so overwhelming. I think the online tracking process is over and the drug vendors are planning their physical actions.

Glad to hear you're leaving the system! A big part of my traveling will be getting in touch with my spiritual side. I just can't find the peace/time to do that in the city. Good luck to you

Well, gas can be expensive over long periods of time. Plus I feel like taking my time. But thanks for the link! Will definitely have to check that out.

Funny you should mention that; with the cloud mining I have, I can just have all the bitcoins sent to my tablet. And I make a decent amount per day; enough to feed a family of three. So my plan for the most part is to basically live off of bitcoins, by selling them on gyft.com for restaurant and store gift cards.

Maybe the person overdosed on the drugs they bought from DPR. It was a very large quantity!

Then again it's very likely it is DPR due to the fact development stopped as soon as the silk road market opened. In fact it is probably more realistic that the bitcoins were seed capital for the drug market, not for purchasing drugs.

I don't know much about SR (was never a member). But even at its peak, less than 50% of the merchandise items were drugs, weapons and other illegal stuff. The rest consisted of Bullion, BTC to Cash offers, Bitcoin miners.etc

I think the switch is confusing, unnecessary, and stupid. Most people aren't good at maths. They've heard of bitcoin, heard the price is going up and up, and then go to a site displaying the (m)btc price and see "$0.80 per mBTC'.

Any switch to mBTC should have been (a) agreed by the community and (b) implemented with an education program.

This adhoc approach  where some sites switch and others don't just leads to confusion.

Whether it contributed to the crash in the last 24 hrs or it was pure coincidence, who knows. What I do know is I don't believe in coincidence  

I also know that the bitcoin price was still doing great at "over $1000 a coin", people were still buying ........ mBTC is a damaging solution. to a non-existent problem.