you understand that bitcoin protocol just failed right?
Wow, way to misinterpret.
Tonight was a success. Both in terms of the flexibility of the system, and the community's reaction to a bug. This just gives me more long-term confidence that bitcoin can withstand adversity, be it from a software issue (these *will* happen!) or a malicious attack. Tonight's issue was handled and resolved with remarkable speed, consensus, and effectiveness.
Agreed. Regardless of how the market reacts, this was impressive. Just about the worst case scenario happened, and it got resolved efficiently, in a matter of hours. You'd never be able to do that with an equivalent crisis in gold, stocks or any fiat currency. It was an amazing display of cool-headedness.