Huge Bitcoin Publicity?

[wobber]

Was reading these local newspapers and news sources. Something very small. Guess what, all were talking about bitcoin. Nothing too bad, they were saying biggest website for trading is closed and "investors panicked and sold". Price went down.

My point is, these newspaper had 3 or 4 articles altogether about bitcoin and only when it's price was over 1000. Seems like a lot of publicity went these days and people hear more and more of it.

Also, a good thing it's that MtGox went finally down. (at least trading halted, those prices were really bad). I don't really care if it comes back, zombies are not grandpa I used to play with.

So, new rally upcoming?

[CrusaderTim]

Yes, even it's on 9gag today ( http://9gag.com/gag/av0RLe5 )

And on some printed news all over the world:
https://fbcdn-sphotos-c-a.akamaihd.net/hphotos-ak-frc1/t1/1623621_10151699713372537_577862051_n.jpg

Just wait for people to decide investing in it and send their money on exchanges

To da moon

[smoothie]

haha I see LITECOIN was mentioned.

[the_sunship]

Bitcoin is bigger than a  protocol. The mt gox fiasco brought out the best and brightest in the community to defend BTC. It's also clear that lying and cheating will not hold up in the community for very long. This will be even more so as the bitcoin  protocol is used to create decentralized exchanges.

Transparency isn't only the block chain, but it's the entire community checking itself so that it can continue to grow in trust. Reporters used to have newspaper scoops, but we now have people on reddit posting leaked documents with commentary by everyone - from new users to seasoned programmers. More and more the news media is coming to the community for the real "story". They didn't stay with the "bitcoin is broken" story for very long only because of the community interaction.

This is a self cleaning mechanism. That's why bitcoin gets stronger after each one of these instances. The system is finding its legs in an organic way.

[wobber]

Bitcoin is bigger than a  protocol. The mt gox fiasco brought out the best and brightest in the community to defend BTC. It's also clear that lying and cheating will not hold up in the community for very long. This will be even more so as the bitcoin  protocol is used to create decentralized exchanges.

Transparency isn't only the block chain, but it's the entire community checking itself so that it can continue to grow in trust. Reporters used to have newspaper scoops, but we now have people on reddit posting leaked documents with commentary by everyone - from new users to seasoned programmers. More and more the news media is coming to the community for the real "story". They didn't stay with the "bitcoin is broken" story for very long only because of the community interaction.

This is a self cleaning mechanism. That's why bitcoin gets stronger after each one of these instances. The system is finding its legs in an organic way.

+1.

And a decentralized exchange is a must. I really want to see one soon.

[ThatDGuy]

This is a self cleaning mechanism. That's why bitcoin gets stronger after each one of these instances. The system is finding its legs in an organic way.

Well said.  Let's see if Bitcoin wants to try jumping on those new legs like it did after the SR bust.

[DPoS]

And a decentralized exchange is a must. I really want to see one soon.

so where is the fiat kept?  if you are just trading btc for doge or whatever who cares

decentrailzed exchange is just a buzzword not accomplishing anything

[Mythul]

Another article: http://www.theverge.com/2014/2/26/5449218/bitcoins-too-big-to-fail-moment

[Ibian]

Bitcoin is bigger than a  protocol. The mt gox fiasco brought out the best and brightest in the community to defend BTC. It's also clear that lying and cheating will not hold up in the community for very long. This will be even more so as the bitcoin  protocol is used to create decentralized exchanges.

Transparency isn't only the block chain, but it's the entire community checking itself so that it can continue to grow in trust. Reporters used to have newspaper scoops, but we now have people on reddit posting leaked documents with commentary by everyone - from new users to seasoned programmers. More and more the news media is coming to the community for the real "story". They didn't stay with the "bitcoin is broken" story for very long only because of the community interaction.

This is a self cleaning mechanism. That's why bitcoin gets stronger after each one of these instances. The system is finding its legs in an organic way.

About time for an upvote button to be added.