Topic: Bitcoin press hits, notable sources - page 4. (Read 430941 times)

This puzzled 'international ECommerce specialist' still hasn't understood that the utter non-reliance of bitcoin upon it's founding coder is a strength.

Forbes Still A Bitcoin Fan?

2012-04-02
Melody Wigdahl

http://www.onlinepaymentnews.com/forbes-still-a-bitcoin-fan-4922.html/

... considering that the ‘alternative’ currency is anonymous, decentralized and virtually nothing is known about the coder that originally created the system – and who now seems to have disappeared…..one has to wonder why it continues to get so much press?

It Makes Total Sense That the Bankers Who Destroyed Our Economy Are Now Trading Bitcoin

Mario Aguilar
2012-04-02


http://gizmodo.com/5898303/it-makes-total-sense-that-the-bankers-who-destroyed-our-economy-are-now-trading-bitcoin

At its core, Bitcoin is worthless.
That people continue to trade the invented digital currency is understandable because it's possible to turn a quick, risky buck.
...

Watch Bitcoin Robbery in Slow Motion

Jon Matonis
2012-04-02

http://www.forbes.com/sites/jonmatonis/2012/04/02/watch-bitcoin-robbery-in-slow-motion/

Bitcoin ‘Is a Better Form of Money Than We Have Right Now,’ Pro Trader Says

Financial traders try to avoid getting Zhou Tonged.

Adrianne Jeffries
2012-04-02

http://www.betabeat.com/2012/04/02/bitcoin-is-a-better-form-of-money-than-we-have-right-now-pro-financial-trader-says/

ahahaha. sorry to spam the thread, but this quote from above article apparently made at the Digital Money Forum in London is priceless and should go down in the history books for later reference:

Reposted on HN: http://news.ycombinator.com/item?id=3785672

Deadly drugs for sale in online universe called Dark Web

DRUG dealers are operating beyond the reach of law in a sinister parallel online universe called the Dark Web.

Brian Flynn
2012-04-01

http://www.thesun.co.uk/sol/homepage/news/4232399/Deadly-drugs-for-sale-in-online-universe-called-Dark-Web.html


...
Software diverts traffic through a chain of PCs around the globe — making it impossible to trace users. Buyers use a legal virtual currency called Bitcoins, which the website launders through a string of fake transactions to hide their origin.
...

Factbox - What is Bitcoin - currency or con?

Naomi O'Leary
2012-04-01

http://uk.reuters.com/article/2012/04/01/uk-factbox-bitcoin-idUKBRE8300JP20120401

http://www.iii.co.uk/news-opinion/reuters/news/30724

LONDON (Reuters) - Bitcoin is a mathematical money system driven by code. It allows users to send money directly from their computer to another on the other side of the world.
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Demolition Derby CTF


http://www.infosecsouthwest.com/demolitionderby.html


...
Prizes
Prizes for this competition will be based on points collected from captured flag files. Top-ranking competitors will all receive a complimentary pass to next year's conference, as well as their choice of one of the following prizes:
A 25 BTC Casascius Bitcoin, courtesy of Trammell Ventures
A Bug Hunter's Diary, The IDA Pro Book, and Gray Hat Python book bundle, courtesy of No Starch Press
wi*spy 2.4x, courtesy of Harris Crucial Security
DIY Security Camera Kit, courtesy of Harris Crucial Security
In addition to the prizes awarded for points, each flag file will contain an encrypted Bitcoin private key which will have some Bitcoin value sent to it. The list of Bitcoin addresses for the keys and their values has been posted here and can be independently verified using Block Explorer. Once the competition is complete, we will publish the encryption key used to encrypt the Bitcoin private keys here on our website. At that point, the "gold rush" phase will be on for the competitors to decrypt and import these keys into their Bitcoin wallet and "sweep" (claim) the Bitcoins for themselves. Each flag file will also contain the cleartext Bitcoin address for the encrypted private key so that competitors may verify the key's value on the Bitcoin network and keep a running total of how much BTC their flags are worth.
GOLD RUSH!!! The encryption key pair used to encrypt the Bitcoin keys included in the flag files has been posted! Grab them here!
...

Bitcoin, the City traders' anarchic new toy

(Reuters) - Financial traders have a new toy: Bitcoin, a digital currency variously dismissed as a Ponzi scheme or lauded as the greatest invention since the Internet.

Naomi O'Leary
London, 2012-04-02

http://www.reuters.com/article/2012/04/01/traders-bitcoin-idUSL6E8ET5K620120401

Bitcoin: Digital Currency Attracts Financial Traders

http://www.huffingtonpost.com/2012/04/02/bitcoin-digital-currency-traders_n_1395359.html

Maybe the dollar will fall 90% after this.

Visa and MasterCard warn of "Massive" Breach at Card Processor

http://majorgeeks.com/story.php?id=34000

No mention of bitcoin, but it's nice to see the competition have their fair share of problems.

As I’ve mentioned in previous columns, an underground economy swiftly emerged around BitCoins, which might be best described as the minimal viable model for an unregulated electronic currency.

What Does “the Market” Mean to You?

Joel Bowman for The Daily Reckoning
2012-03-28

http://www.businessinsider.com/what-does-the-market-mean-to-you-2012-3


A recent column that appeared on Forbes.com went all the way to synthesizing two aspects of this market that your editor has addressed in these pages before: System D as a market itself and Bitcoin, the bare-knuckeled cyber-cryptocurrency tapped by adherants as the answer to the tyranny of central banking, as a viable currency to carry and facilitate transactions within it.
Both topics are relatively new; Bitcoin is barely 3 years old and, although System D has been around since people first began contracting and exchanging goods and ideas — or rather, since people claiming the right to do so began trying to regulate and tax them — Neuwirth’s book, published just last year, is the first real effort at quantifying it.