Bitcoin press hits, notable sources - page 40.

julz

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A merchant selling bumper stickers and buttons.. for whom the volatility of bitcoin is apparently a showstopper:

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Bitcoins in Decline
JCLIFFORD
2011-08-24
http://irregulartimes.com/index.php/archives/2011/08/24/bitcoins-in-decline/

"That’s a loss of over one fifth of the currency’s value in just one month. If we had accepted 100 dollars worth of Bitcoin payments on July 15, we’d have less than 80 dollars worth of Bitcoin today."

julz

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Only one mention of bitcoin - and I'm not sure bitcoin is necessarily best suited to micropayments on a large scale.
(At least not in current form.. I gather some of the 'scripting' proposals may make it more suitable for this sort of thing)

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Credit Cards Are Killing Creativity: The Case for a New Online Payments System
Michael Moore-Jones
2011-08-24
http://www.readwriteweb.com/enterprise/2011/08/credit-cards-are-killing-creat.php

"So, what should we do to provide an alternative to the current credit card payment system? Micropayments aren't enough - we need to be talking nanopayments. There must be a ubiquitous digital payment system that gives content producers the ability to charge for their content, from amounts as small as one cent. Bitcoin is one of the key current players in this space, and the new social exchange MyCube is also working on solving this problem."

julz

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Quote from: 99Percent on August 24, 2011, 04:54:48 PM

Was surprised to see an a full two page article in this months Linux Format Magazine (UK) titled "What on Earth is bitcoin?" This is a printed magazine.

A fanciful article that seemed balanced but ended in a sour note about the EFF not accepting bitcoins for donations.

Thanks for the hit note. Good to hear about magazine articles even if they're not available on line.
Found it here but pdf available only to subscribers unsurprisingly.

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What on Earth: Bitcoin
Here's why you're unlikely to make a fortune generating your own stash of open source currency... (Graham Morrison)
http://www.linuxformat.com/archives?issue=148

99Percent

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Was surprised to see an a full two page article in this months Linux Format Magazine (UK) titled "What on Earth is bitcoin?" This is a printed magazine.

A fanciful article that seemed balanced but ended in a sour note about the EFF not accepting bitcoins for donations.

julz

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Quote

Tradehill Brightens the Bitcoin Market with E-Wallet Beta
KIT DOTSON
2011-08-24
http://siliconangle.com/blog/2011/08/24/tradehill-brightens-the-bitcoin-market-with-e-wallet-beta/

"Tradehill, for the most part, has done a solid job of trading in bitcoins and has now announced the beta release of its very own e-wallet: Bitcoin.com."

"Also in recent news, Tradehill has added Dwolla back to their funding options"

herzmeister

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Elektrischer Reporter, a professional and popular German video podcast about net culture and society now and in the future (at times ironic, exaggerated and hilarious), published a new episode about a fictional P2P cryptocurrency:

http://www.elektrischer-reporter.de/phase3/video/246/

In some years, traditional state economies as we know will run dry of money supply and will vanish, and the net citizens will fund projects like building an Eiffel Tower replica out of chocolate. Cheesy

Bitcoin is mentioned to be the foundation and role model for this fictional currency, mind you.

This show is also transmitted on mainstream TV by the German public federal broadcaster ZDF via its information channel.

netrin

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FirstBits: 168Bc

Quote from: Current-C on August 24, 2011, 08:34:25 AM

http://www.npr.org/blogs/money/2011/08/24/138673630/what-is-bitcoin

I think the podcast is a rehash but the story is on the front page of NPR.com right now.

There is a short recap of events at the end (such as Bruce's mybitcoin losses)

Current-C

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http://www.npr.org/blogs/money/2011/08/24/138673630/what-is-bitcoin

I think the podcast is a rehash but the story is on the front page of NPR.com right now.

coinhammer

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Not a bad writeup here http://www.gadgetking.com/2011/08/23/mining-bitcoin-for-fun-and-profit/

julz

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Quote

Bored With Bitcoin? BitInstant Is About to Goose the Market By Making Trading Faster
2011-08-23 Adrianne Jeffries
http://www.betabeat.com/2011/08/23/bored-with-bitcoin-bitinstant-is-about-to-goose-the-market-by-making-trading-faster/

In general I try to post blog/news items that at least appear somewhat external to what I'd call the 'bitcoin community' (or potentially have an audience that is outside it)
As part of the New York Observer.. I guess betabeat fits that bill.. although perhaps Adrianne Jeffries is in danger of being drawn in a little too close.

Not that bitinstant isn't an interesting development.. but I haven't quite grasped how it really changes things on a global scale.
I'm not sure how it is
" likely to encourage a new crop of casual traders and the Bitcoin-curious " as she states.
(From Australia - I've managed to deposit funds to MtGox within 24hrs (well once anyway) - but I don't yet see how bitinstant will improve on that for me. Perhaps there are more deposit hurdles from within the US banking system.)

I hope betabeat manages to maintain enough distance to avoid becoming a mere mouthpiece for bitcoin projects (interesting though they may be).. and focus on issues that are novel or also of wider appeal.

julz

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More from the blogger Anthony Freeman who has written a few pro-bitcoin pieces.

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Bitcoin: The Ultimate Offshore Bank Account
2011-08-23
http://economicsandliberty.wordpress.com/2011/08/23/bitcoin-the-ultimate-offshore-bank-account/

" Cultivate and utilize a personal network of exchange partners to help you move in and out of your existing national currency. As more individuals become users and exchangers individual liberty will flourish."

Intervex Digital

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Bitcoin will be a topic of discussion on NPR's Morning Edition tomorrow http://www.npr.org/programs/morning-edition/

ETA:
Here is a direct link to the player... Overall it's a good program, BUT it's a bit outdated... Mentioned using MyBitcoin, though at the very end there's a 5 second overdub saying MyBitcoin had been robbed in the time since the story was produced.
http://www.npr.org/player/v2/mediaPlayer.html?action=1&t=1&islist=false&id=138673630&m=139901524

jgarzik

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MIT Technology Review
http://www.technologyreview.com/computing/38392/?p1=Mag_story1

Cryptocurrency

The bitcoin, a virtual medium of exchange, could be a real alternative to government-issued money—but only if it survives hoarding by speculators.

jorijnsmit

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Great thread, thanks!

Grouver (BtcBalance)

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Quote from: julz on August 23, 2011, 03:21:07 AM

Posts

Your doing a great job on news reporting.
Just wanted to give you that.

julz

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I often wonder how much bitcoin interest there is in Asia..
This japanese article talking about bitcoin and Radeon cards in China and Japan suggests there is indeed some growing interest.

Though it's hard to make sense of some of it via google translate.... I have no idea what the title means!

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The reason for selling is stupid in China for 70,000 yen fine Grabowo

http://ascii.jp/elem/000/000/628/628976/

http://translate.google.com/translate?js=n&prev=_t&hl=en&ie=UTF-8&layout=2&eotf=1&sl=ja&tl=en&u=http%3A%2F%2Fascii.jp%2Felem%2F000%2F000%2F628%2F628976%2F&act=url

"Selling in China terrifying Radeon HD 6990 video card with such powerhouse. Anything, distributors and parts manufacturers, such as GIGABYTE town ASUSTeK Computer, or that the customers often come together to buy a dozen to several dozen video cards with Radeon HD 6990.

If the cause is neither imposed by increased competition from Internet cafes and online game center, not a professional gamer training institutions has increased. It "Bitcoin" that is involved."

"Bitcoin and P2P-based e-money is circulating in the world, Japanese people have become key players."

julz

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A brief case study of the recently reported GPU mining malware

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Bitcoin Mining Malware
MONDAY, AUGUST 22, 2011
http://research.zscaler.com/2011/08/bitcoin-mining-malware.html

"Recently, Symantec released a report on "Trojan.Badminer" - discovered 11 days ago, affecting most Windows systems that has the ability of running one of two Bitcoin mining programs depending on the infected host's configuration: Phoenix Miner (uses the system's GPU on graphics card) or RPC Miner -- the mined Bitcoins are then sent back to a location for the attacker to retrieve the generated currency. When you think about it, this type of revenue generation is perfect for a botnet."

"It took me virtually no time at all to find a quick case study of such a malicious Bitcoin miner in our logs from yesterday."

julz

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Quote

The New Reality of Virtual Currencies..
2011-08-22 Kris Hansen
http://www.corebankingblog.com/2011/08/the-new-reality-of-virtual-currencies/

"With Bitcoin: everyone knows what everyone else is doing — but nobody knows who anyone else is."

"What I am seeing happening is a theme of convergence: Bitcoin is a combination of technology and currency where technology is filling some of the gaps and voids previously held by clearing houses and dedicated networks."

julz

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Quote

The Future of BitCoin and Digital Currencies
Paco Ahlgren | Aug 22, 2011 |
http://www.pacoahlgren.com/the-future-of-bitcoin-and-digital-currencies/

"But for now, I see BitCoin as little more than a store-of-value — much like gold; yes, it’s valuable, but what can you do with it?"

julz

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Somehow I thought the first conference news hit might come via betabeat!

Quote

Bitcoin Enthusiasts Gather in NYC to Meet IRL and Show Off Bitcoin Start-Ups
Adrianne Jeffries
2011-08-22
http://www.betabeat.com/2011/08/22/bitcoin-enthusiasts-gather-in-nyc-to-meet-irl-and-show-off-bitcoin-start-ups/

Topic: Bitcoin press hits, notable sources - page 40. (Read 430946 times)