Stevey recommends to set the following command to .bashrc
TERM=xterm-256color
I put the code to the top of my .bashrc and I have now a flashing black green terminal. The font color in my terminal switches from black to green and vice versa periodically.
What did I do wrong?
Simply put, the Mac’s terminal app doesn’t support 256 color. See here: http://news.ycombinator.com/item?id=443769
From the same link, it looks like there may be other terminals that do. Good luck!