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Submission + - Bitcoin's Mt. Gox Shuts Down, Loses $409,200,000 Dollars (forbes.com)

satuon writes: Mt. Gox’s shutdown is circulating like wildfire. Its repercussions are being felt throughout the world. Mt. Gox was the most public and well-known brand that represented Bitcoin’s exchange market. The company’s shutdown is rumored to be caused by a “hack” or “security breach” that resulted in a loss up to 744,000 BTC or $409,200,000 Dollars. (Based on the approximate value just hours ago from Coindesk.com) This is truly an unfortunate event that has caused the international community to shake its trust in Bitcoin as evidenced by the massive price drop. This is par the course, when a pillar in the community falls in such a funeral pyre. The best parallel would be the Bear Stearns’ failure during the 2008 global financial crisis. Hopefully, Bitcoin won’t follow in the financial system’s footsteps post-Bear Stearns.

Comment Re:You Don't (Score 1) 384

What is your problem with this? Nobody said you should work for peanuts, and more important, nobody said you want to take advantage of the situation. It's just easier to get the client's attention about the idiot expert's failures when they cost money. Also, you shouldn't be paying for the expert's failures with your own time. If your client trusts you and you manage to structure contracts like this, the problem might even take care of itself.

Comment Re:You Don't (Score 5, Insightful) 384

A lot of times there is NO solution:
- problem is badly described,
- idiot expert promises quick, simple solution and explaining why it won't work takes an excessive amount of time or knowledge that the client doesn't have,
- idiot expert knows client from college,
- idiot expert lives next door and you work offshore from South America,
- client company is populated by alpha males who like quick decisions and never back down,
- a combination of the above (I have first hand knowledge about this situation).

Sometimes the best option is to watch the explosion from far away enough that you're not killed and near enough to be the first responder.

Comment Beta protest (Score 1) 144

How about protesting (and not commenting) on even days and commenting normally on odd days? That way, Dice will be able to gauge how much of their so called "audience" that creates the actual deliverable of the site is leaving for good, while still preserving some value just in case they see the error of their ways soon.

Comment I hope you meant "Community responds" (Score 1) 2219

"User base responds", "Commenters respond" would also have been good options. Audience is a passive crowd, which might be what Dice wants to monetize, but they better make sure the "product" (the active part of the user base) doesn't jump off the new shelves. So please, change the title to show that you understand. Otherwise, this spontaneous protest will not stop, because everybody will remain pissed off.

TL;DR: Apology not accepted because of your choice of words.

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