CEX.io recently announced the temporary shutdown of their bitcoin mining services because at $320 per bitcoin, it is no longer profitable. Interestingly, the same happened to gold when prices dipped below $1,200.
Just as cryptography is planting the seeds of a revolution in payment systems, bitcoin and other cryptocurrencies are planting the seeds of a revolution in currency.
Bitcoin is a technological advancement that will live on regardless of Mt. Gox. And this technology is the beginning of a payment system revolution that will have profound social, economic, and cultural impact.