[bdcravens]

Of course its gain has been news.

http://news.ycombinator.com/item?id=5262120 (when it broke $30)

http://news.ycombinator.com/item?id=5144181 (when it broke $20)

etc, plus the many stories about ability to pay for things like Reddit Gold, domain names, and more with Bitcoin.

1) You may hold Bitcoin, and talk from detractors is always frustrating.

2) Many Bitcoin advocates (I've mined and held Bitcoin, so I'll count myself in this crowd) tend to extoll Bitcoin's virtues, while downplaying or explaining away downturns

3) Even if it were true that the drop were news while the gain wasn't, that's how things work around here. Much has been made of Apple's stock drops, but in every case, Apple was actually up year-over-year, and it's 3 and 5 year price was way up.