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Topic: According to TechCrunch - We FAIL (Read 1645 times)

full member
Activity: 154
Merit: 100
January 20, 2012, 09:59:41 AM
#13
They didn't say bitcoin failed, they just said bitcoin got shot in the pancreas, it happens.
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
January 20, 2012, 06:17:57 AM
#12
So much fail
legendary
Activity: 1904
Merit: 1002
January 20, 2012, 01:01:18 AM
#11
Even most of their other cases are full of BS.
legendary
Activity: 1680
Merit: 1035
January 20, 2012, 12:42:05 AM
#10
Calling Bitcoin a business = FAIL
legendary
Activity: 1008
Merit: 1023
Democracy is the original 51% attack
January 20, 2012, 12:28:44 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!

legendary
Activity: 1050
Merit: 1000
January 19, 2012, 11:49:31 PM
#8
well at least they've mentioned in the slideshow that Bitcoin is recovering in 2012 =)
full member
Activity: 151
Merit: 100
sr. member
Activity: 308
Merit: 250
January 19, 2012, 11:03:36 PM
#6
Ugh, so ugly I couldn't even get to the Bitcoin part.  This is NOT a threat, whatsoever.
hero member
Activity: 518
Merit: 500
January 19, 2012, 10:54:00 PM
#5
They list one of the businesses as a success in 2010 and a failure in 2011 - random Smiley
legendary
Activity: 1092
Merit: 1001
legendary
Activity: 1386
Merit: 1004
January 19, 2012, 10:27:14 PM
#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. 
hero member
Activity: 560
Merit: 500
January 19, 2012, 10:25:23 PM
#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.
full member
Activity: 151
Merit: 100
January 19, 2012, 10:17:41 PM
#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/
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