Quote
Then there's "Girls Gone Bitcoin." In this reddit subforum
Reddit is offended.
Topic: 2012-06-08 Arstechnica.com - Bitcoin as the Net's Wild West (Read 1297 times)
Reddit is offended.
Disclosures: The author owns some Bitcoins.
Typical pump and dump ?
Typical pump and dump ?
He's a little late on the pump. Maybe he's trying to keep the price up while he dumps.
Disclosures: The author owns some Bitcoins.
Typical pump and dump ?
Typical pump and dump ?
This is a great article. It's definitely the most positive Bitcoin article from Ars Technica so far. The tide is changing.
Quote
Future Bitcoin clients will support multisignature transactions, in which a user's private key is split up among multiple devices.
With this feature enabled, compromising any single device won't allow an attacker to spend the Bitcoins in a user's wallet.
With this feature enabled, compromising any single device won't allow an attacker to spend the Bitcoins in a user's wallet.
That's an inaccurate description of what multisignature does, but great to see the purpose of multisignature be described to a wider audience from this article.
GASP! Arstechnica about face?
Linky.
Quote
On June 8, 2011, the same day Ars Technica ran its first story about Bitcoin, the peer-to-peer digital currency's value jumped to an all-time high of $32. Bitcoins had been worth less than $1 just two months earlier, and that day proved to be the peak of the bubble. The value of a Bitcoin fell below $20 within a week, and by November it had fallen to $2.
But since it hit bottom late last year, the cryptocurrency has defied skeptics (including me) who predicted it would prove to be a passing fad. The currency regained some of its lost value, and the price has become much more stable in recent months. In the last three months, the value of a Bitcoin fluctuated in a narrow band from $4.50 to $5.50. As this is being written, the currency has just hit a 3-month high of $5.60.
...
But since it hit bottom late last year, the cryptocurrency has defied skeptics (including me) who predicted it would prove to be a passing fad. The currency regained some of its lost value, and the price has become much more stable in recent months. In the last three months, the value of a Bitcoin fluctuated in a narrow band from $4.50 to $5.50. As this is being written, the currency has just hit a 3-month high of $5.60.
...
Jump to: