Bitcoin believers not bothered by Mt. Gox collapse

Interesting analysis:

... When they realized the flying saucer wasn't going to come, and that Martin's prophecy had been wrong, something odd happened: Rather than giving up, the Seekers began furiously calling up newspapers and trying to spread their message as widely as possible. In order to overcome the cognitive dissonance of their situation and convince themselves their sacrifices had been worthwhile, they needed to proselytize.

This is, we now know, a psychologically normal response for prophetic groups whose central predictions fail to come true. And today, you can see something similar going on with another group of failing zealots. I'm talking about the cult of Bitcoin.
Click to expand...

http://nymag.com/daily/intelligencer/2014/03/doomsday-cult-of-bitcoin.html
 
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