Bitcoin Forum
June 25, 2018, 12:47:10 PM *
News: Latest stable version of Bitcoin Core: 0.16.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: According to TechCrunch - We FAIL  (Read 1604 times)
impulse
Full Member
***
Offline Offline

Activity: 151
Merit: 100


View Profile
January 20, 2012, 03:17:41 AM
 #1

This is pretty priceless, Bitcoin shows what, like a 1500% increase in value from the beginning of 2011 to the end, and we get classified as a failed business model in 2011. Nice!

http://techcrunch.com/2012/01/19/failure-is-an-option-7-businesses-that-tanked-in-2011-slides/
1529930830
Hero Member
*
Offline Offline

Posts: 1529930830

View Profile Personal Message (Offline)

Ignore
1529930830
Reply with quote  #2

1529930830
Report to moderator
1529930830
Hero Member
*
Offline Offline

Posts: 1529930830

View Profile Personal Message (Offline)

Ignore
1529930830
Reply with quote  #2

1529930830
Report to moderator
1529930830
Hero Member
*
Offline Offline

Posts: 1529930830

View Profile Personal Message (Offline)

Ignore
1529930830
Reply with quote  #2

1529930830
Report to moderator
Automated Bitcoin Fork Extraction Tool WE DO TOUGH WALLETS: BCH | BTG | BCD | SBTC | UBTC | B2X | BCX | BTF Electrum 2FA, Trezor, Ledger, SegWit, Bech32
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1529930830
Hero Member
*
Offline Offline

Posts: 1529930830

View Profile Personal Message (Offline)

Ignore
1529930830
Reply with quote  #2

1529930830
Report to moderator
bittenbob
Hero Member
*****
Offline Offline

Activity: 560
Merit: 500


View Profile
January 20, 2012, 03:25:23 AM
 #2

Clearly they do not understand what bitcoin is. They must have thought it was a stock or something and that the price dropping meant the business was failing. It's kind of funny really.

Just because it went from $9 to $30 and came down afterwards this is a failure? How about the fact we are almost back at the value 8 days before the peak again which is impressive. Not to mention the fact it is up a significant percentage year over year right now. I like how they also did not show any of the parabolic recovery we have had for the last several weeks on their chart.
Littleshop
Legendary
*
Offline Offline

Activity: 1316
Merit: 1000



View Profile WWW
January 20, 2012, 03:27:14 AM
 #3

Also FAIL: Their website. 

Noscript would have to allow 17 different addresses for the whole page to load.

While on the page I got the first clickjacking attempt I have seen in months as reported by noscript. 

julz
Legendary
*
Offline Offline

Activity: 1092
Merit: 1000



View Profile
January 20, 2012, 03:36:27 AM
 #4

It's not actually techcrunch - source is: http://www.boardofinnovation.com/2012/01/19/learn-from-the-7-business-models-that-failed-in-2011/


@electricwings   BM-GtyD5exuDJ2kvEbr41XchkC8x9hPxdFd
PatrickHarnett
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500



View Profile
January 20, 2012, 03:54:00 AM
 #5

They list one of the businesses as a success in 2010 and a failure in 2011 - random Smiley
RaggedMonk
Sr. Member
****
Offline Offline

Activity: 308
Merit: 250



View Profile
January 20, 2012, 04:03:36 AM
 #6

Ugh, so ugly I couldn't even get to the Bitcoin part.  This is NOT a threat, whatsoever.
impulse
Full Member
***
Offline Offline

Activity: 151
Merit: 100


View Profile
January 20, 2012, 04:04:25 AM
 #7


Smiley I blame them anyway!
Serge
Legendary
*
Offline Offline

Activity: 1050
Merit: 1000


View Profile
January 20, 2012, 04:49:31 AM
 #8

well at least they've mentioned in the slideshow that Bitcoin is recovering in 2012 =)
evoorhees
Legendary
*
Offline Offline

Activity: 994
Merit: 1000


Democracy is the original 51% attack


View Profile
January 20, 2012, 05:28:44 AM
 #9

LOL... not only did bitcoin NOT fail in 2011, it was a better investment than anything else on the planet - up over 1,400% for the year.

Hopefully we'll fail again this year!

Rassah
Legendary
*
Offline Offline

Activity: 1680
Merit: 1001


Academy


View Profile WWW
January 20, 2012, 05:42:05 AM
 #10

Calling Bitcoin a business = FAIL

notme
Legendary
*
Offline Offline

Activity: 1904
Merit: 1001


View Profile
January 20, 2012, 06:01:18 AM
 #11

Even most of their other cases are full of BS.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
12jh3odyAAaR2XedPKZNCR4X4sebuotQzN
Gabi
Legendary
*
Offline Offline

Activity: 1148
Merit: 1008


If you want to walk on water, get out of the boat


View Profile
January 20, 2012, 11:17:57 AM
 #12

So much fail

Fizzgig
Full Member
***
Offline Offline

Activity: 154
Merit: 100


View Profile
January 20, 2012, 02:59:41 PM
 #13

They didn't say bitcoin failed, they just said bitcoin got shot in the pancreas, it happens.

Best Bitcoin supported browser game:
Minethings: Dig, Trade, and Fight your way to influence!
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!