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It started happening after a system reinstall . Haven't had a problem with that video before with the same version of vlc ( 1.0.5 )
It crashes even on normal play , it just takes longer before it does
Here's the log :

18.03.10 16:31:07 [0x0-0x1a01a].org.videolan.vlc[173] m_el[mi_level] == NULL
18.03.10 16:31:07 [0x0-0x1a01a].org.videolan.vlc[173] arrrrrrrrrrrrrg Up cannot escape itself
18.03.10 16:31:07 [0x0-0x1a01a].org.videolan.vlc[173] m_el[mi_level] == NULL
18.03.10 16:31:07 [0x0-0x1a01a].org.videolan.vlc[173] arrrrrrrrrrrrrg Up cannot escape itself
18.03.10 16:31:08 VLC[173] unlockFocus called too many time.
18.03.10 16:31:07 [0x0-0x1a01a].org.videolan.vlc[173] [0x11b18a8] equalizer audio output error: equalizer preset 'Нулиране' not found
18.03.10 16:31:07 [0x0-0x1a01a].org.videolan.vlc[173] [0x11b18a8] equalizer audio output: full list:
18.03.10 16:31:07 [0x0-0x1a01a].org.videolan.vlc[173] [0x11b18a8] equalizer audio output: - 'flat'
18.03.10 16:31:07 [0x0-0x1a01a].org.videolan.vlc[173] [0x11b18a8] equalizer audio output: - 'classical'
18.03.10 16:31:07 [0x0-0x1a01a].org.videolan.vlc[173] [0x11b18a8] equalizer audio output: - 'club'
18.03.10 16:31:07 [0x0-0x1a01a].org.videolan.vlc[173] [0x11b18a8] equalizer audio output: - 'dance'
18.03.10 16:31:07 [0x0-0x1a01a].org.videolan.vlc[173] [0x11b18a8] equalizer audio output: - 'fullbass'
18.03.10 16:31:07 [0x0-0x1a01a].org.videolan.vlc[173] [0x11b18a8] equalizer audio output: - 'fullbasstreble'
18.03.10 16:31:07 [0x0-0x1a01a].org.videolan.vlc[173] [0x11b18a8] equalizer audio output: - 'fulltreble'
18.03.10 16:31:07 [0x0-0x1a01a].org.videolan.vlc[173] [0x11b18a8] equalizer audio output: - 'headphones'
18.03.10 16:31:07 [0x0-0x1a01a].org.videolan.vlc[173] [0x11b18a8] equalizer audio output: - 'largehall'
18.03.10 16:31:07 [0x0-0x1a01a].org.videolan.vlc[173] [0x11b18a8] equalizer audio output: - 'live'
18.03.10 16:31:07 [0x0-0x1a01a].org.videolan.vlc[173] [0x11b18a8] equalizer audio output: - 'party'
18.03.10 16:31:07 [0x0-0x1a01a].org.videolan.vlc[173] [0x11b18a8] equalizer audio output: - 'pop'
18.03.10 16:31:07 [0x0-0x1a01a].org.videolan.vlc[173] [0x11b18a8] equalizer audio output: - 'reggae'
18.03.10 16:31:07 [0x0-0x1a01a].org.videolan.vlc[173] [0x11b18a8] equalizer audio output: - 'rock'
18.03.10 16:31:07 [0x0-0x1a01a].org.videolan.vlc[173] [0x11b18a8] equalizer audio output: - 'ska'
18.03.10 16:31:07 [0x0-0x1a01a].org.videolan.vlc[173] [0x11b18a8] equalizer audio output: - 'soft'
18.03.10 16:31:07 [0x0-0x1a01a].org.videolan.vlc[173] [0x11b18a8] equalizer audio output: - 'softrock'
18.03.10 16:31:07 [0x0-0x1a01a].org.videolan.vlc[173] [0x11b18a8] equalizer audio output: - 'techno'
18.03.10 16:31:07 [0x0-0x1a01a].org.videolan.vlc[173] [0x1d09a048] equalizer audio filter error: No preset selected
18.03.10 16:31:07 [0x0-0x1a01a].org.videolan.vlc[173] [0x11b18a8] main audio output error: cannot add user filter equalizer (skipped)
18.03.10 16:31:13 com.apple.launchd[122] ([0x0-0x1a01a].org.videolan.vlc[173]) Exited abnormally: Bus error

This log doesn't really make any sense.

Could delete both a folder called "VLC" and a file named "org.videolan.vlc.plist" in ~/Library/Preferences and see if it still crashes? In case it does, give more details about the file in question please. Additionally, do other files play?

If VLC is indeed crashing, then please send the crash log as documented here: What to do when VLC crashes.