Crypto-currency world needs to be able to survive this kind of behaviour. Otherwise, there is not future for this tech. Thankfully, the 'network effect' is already showing its strength. I have no fear.

The free market will solve this. People will learn.... 

There still is no alternative for Bitcoin, so pronouncing it dead at $100 is a it premature. The fun hasn't started yet.

Have some small mining power on this coin as well. Will take more than one month this way, but hell

Come over and help Feathercoin over its current dead difficulty instead.

Never a dull day in crypto currency land 

I pointed my tiny miner to this thing just helping to get over the bump in the road. With current mining power, how long will it take FTC to reach a more reasonable difficulty that matches available mining power?

I had the same problem. Let me guess: 64 bit OS? I have not found a solution yet.

Done 

The hot potatoes do not seem so hot right now 

Someone is making a go at it and then does not pay up. Meanwhile, the potato is locked for others. Abuse by one single user?

Who said that LTC is not useful...   

Great game, and only for people with balls of steel. Food for gamble addicts  

I can confirm that payments out are working fine.....

He lost his wife not too long ago and arranged for a charity collection via his blog. Although he has zillion readers, the action barely got response, quite to his surprise. I remember wanting to donate a bit more to his ALS Foundation but the payment methods did not work for me (I don't have a credit card).

It would be great if he could open a Bitcoin address for donations to this foundation. He has given the community a lot and many would like to give something in return (if only that would be easy).

Prices shouldn't be rock steady but subject to dead normal supply and demand.

Never a dull day with Bitcoin.

Flatrr is a great service; I look forward to their acceptance of BTC.

Only for the brave...

I can make this for you but not in a hurry.

What would a Bitcoin be worth then? Nothing, you could have guessed it yourself. Meanwhile, the earth kept spinning with a lot of people living in the real world wanting things now instead of never as thought out by a very clever but unpractical scientist. Perhaps in a study room people have no immediate wants and will postpone their purchases until they die, but real life works just the other way around.

Massive deflation is quite a ride (as is hyperinflation) but mild deflation is nothing to worry about. Nobody will postpone a purchase because it will be 1% cheaper next year while more than 1% of your expected years of life is gone by then. Of course, deflation is a big problem if you permitted a bubble to build up which market forces try to wipe out exactly by deflation. But deflation is not the problem then, but the solution of free market forces. The real problem is blowing that bubble in the first place. Economist who keep ignoring this, drive me crazy.

Bitcoin would not stop the economy from going on. Things will magically stabilise between consumption and savings, depending on everchanging preferences. The price of money will adapt, solving fluctuations in that balance. That's the way free markets are supposed to operate. Don't let the argument of deflation scare you from thinking about it more thoroughly.