Or if it doesn't come true, he lets the thread die and no one remembers it after a week.  Like they say, if you're going to forecast, forecast often.  This is just a smarter way of covering your ass from ridicule.

Yeah I remember them but they seemed to be more contained back then.  We had some good discussions in the economics section.  Either that or I'm just getting old and have forgotten all the bad stuff.  I did take a bit of a hiatus from Bitcoin so maybe I missed the peak of the negativity.

I thought there was a lot more substance in the discussions back in 2011.  I hope those make a return and all the gloating posts die down.  

No, they were hacked and someone sold off a ton of stolen BTC's crashing the market.  They were at the epicenter but it wasn't a DDoS.

You speak with your wallet by moving to a different exchange.  That's how it's free market. 

My thoughts is the writing has been on the wall, people just chose not to look.  Gox has shown time and time again the inability to handle large volume.  Perhaps this will finally cause some diversification into other exchanges.  We need to decentralize away from Gox.

The "crash" is only a crash if you have a very short memory.  Speculators lost a lot of money and I don't see that as a bad thing nor do I see the bad press as inherently bad.  Bitcoin is so new that any news is good news.  I found out about Bitcoin back in 2011 after a guy got his personal computer hacked and lost hundreds of thousands of dollars.  It was a short-term tarnish, but it turned me on to Bitcoin a lot sooner than had that article never been printed.

This is not a get rich quick scheme.  For Bitcoin to succeed, it's going to take work, not pipe dreams of the price going up 10% per day to infinity while you sit on the couch eating potato chips.  Those of us that have been around for a while know this.  Those new to Bitcoin, well, you just got your first lesson.  Now those weak hands get shaken out and the strong hands help to continue to build Bitcoin to its potential.

One of the most common misconceptions about Bitcoin and the author makes it.  These are not the only ways you can hold Bitcoins.  Paper wallets are a classic example that need neither a third-party nor any sort of electrical device.

Ditto.

Yeah it's down.  Funny thing is I put in a request to move 90% of my funds a few days ago.  Think I'll take out the remaining 10% when I can.  I'm so done with Gox.

The fact that they're using share price ("Bitcoin was a modest $32 a share") indicates the author is clearly uninformed.  However, I think any news is good news at this point.  Word needs to get out and whether that be by Bitcoin surprassing $100 per coin or $1 billion in circulation or a substantial correction or hack, the point is people are talking and that's really what matters right now.

The negative connotations can be dealt with, right now it's about getting more and more people to talk about Bitcoin.  Even if it is at the most basic and erroneous level.  

I got into Bitcoin after hearing about the major spike and the guy who had hundreds of thousands stolen from his wallet in 2011.  It was bad press but you know what?  If it wasn't for that article, I never would have been around back then.  It opened the door for me, the next step was to walk through.  It's all baby steps right now.  Let the press talk and keep on talking, they're our best PR right now.

More than likely it would blow up within a few thousand feet after launch all on its own.  They don't have the tech to launch a ICBM with a nuclear payload.

They're just desperate.  Yesterday they showed a bunch of hovercrafts storming beaches in a show of force.  Turns out all of them were photoshopped.

This.  A healthy market needs to correct.  Nothing goes straight up and if it does, it comes down real quick (i.e. tulip mania).  Just because price declines, even a substantial amount from where we are, that doesn't mean it was a bubble.  It's a correction and those happen and will continue to happen.  Every investment that has had a long and strong sustained level of growth correct along the way.  They're called channels and not rocket ships for a reason.  People thinking this will go to the moon nice and smooth are not being realistic.

0.1BTC for how long?  One month?  Forever?

Any plans on carrying Elixir?

All people learn differently, sometimes you need to change your approach.  Generally an individual's learning style will fall into a certain category such as visual, auditory, kinesthetic, etc.

If you're not getting through to someone, try a different angle.  It sounds like you're an auditory learner but your audience may not be.  Perhaps they're visual.  You could use a prop, say for instance, a $100 trillion Zimbabwe bill to demonstrate the "value" of fiat money.  As Mr. Miyagi would say, "no such thing bad student, only bad teacher."

I struggle at times teaching people about Bitcoin but ultimately I know that's my shortcoming.  Just keep trying to think of new ways to reach people, different analogies, different "props", etc.  The Zimbabwe one has worked rather well for me.  Maybe others can share what has and hasn't worked for them.

The only way I've been able to do it is set a lowball bid (15-20% below spot or whatever) beforehand.  Once the run is on, Gox is useless for trading.  Seriously thinking about moving to Tradehill but I don't know if they've fared any better during high volatility.

In your situation I would just hold.  $300 isn't going to change your life.  If it goes to zero, no big deal.  If it goes to the moon, congrats.  You have very little skin in the game so you may as well hang on unless you really need the cash to get by.

The EU guarantees too much of Cyrpus' debt for them to default.  It's a tiny country but unlike Iceland, if they default the ripples will go a lot further.  It will happen in time, if not them then one of the PIIGS but the troika will do everything in their power to stop it.

The future of Bitcoin is with all of us who are still, despite the price rise, early adopters.  That being said, Bitcoin won't get to where everyone wants it to go by sitting on our hands and staring at the ticker screen.  If everyone did that, rather than investing in improving the infrastructure or increasing the amount of products/services available, we wouldn't get very far.  Better to be the casino than the gambler. 

Great analogy.