Bitcoin press hits, notable sources - page 71.

slothbag

sr. member

Activity: 369

Merit: 250

First mention of Bitcoins in the Australian mainstream media that i've seen.

http://www.abc.net.au/unleashed/2754260.html

Sadly its a story about Silk Road, but Bitcoin is mentioned objectively.

SpaceLord

member

Activity: 70

Merit: 10

Cracking the Bitcoin: Digging Into a $131M USD Virtual Currency - great, balanced article on BitCoin from DailyTech.com

Garrett Burgwardt

sr. member

Activity: 406

Merit: 256

Not exactly 'press'

http://hijinksensue.com/2011/06/10/a-bit-of-confusion/

Gandlaf

newbie

Activity: 59

Merit: 0

Quote from: hal2003 on June 12, 2011, 12:12:35 PM

Chaosradio Express - Elektronisches Geld
http://chaosradio.ccc.de/cre182.html

First time senior members of the CCC publicly provide an opinion(quite positive what the technical implementation is concerned). Unfortunately only in German.

Distribution

hero member

Activity: 711

Merit: 500

Fight fire with photos.

Quote from: Neyo on June 12, 2011, 04:00:31 PM

The Guardian writes "Bitcoin: the hacker currency that's taking over the web"

http://www.guardian.co.uk/technology/2011/jun/12/bitcoin-online-currency-us-government

NPR writes "Silk Road: Not Your Father's Amazon.com"

"Silk Road buyers and sellers use TOR, a system that allows its users to use the Internet anonymously, to log on to the site and only conduct transactions in the digital currency bitcoin, which is also untraceable."

http://www.npr.org/2011/06/12/137138008/silk-road-not-your-fathers-amazon-com

Can't say that nobody saw that coming. I've been reading these articles, and of course they sound utterly ridiculous to us. But when I showed the article to someone at work, they were like, "What are you involved with?" Because to anyone who doesn't understand, this makes it seem like Bitcoins are solely used to buy drugs.

elewton

full member

Activity: 407

Merit: 100

DIA | Data infrastructure for DeFi

Bitcoin is going to be discussed at live.twit.tv, this time. I'm pretty sure. I'm going to try to correct any glaring errors.

mewantsbitcoins

full member

Activity: 126

Merit: 101

Strap on your bicycle helmets Grin

Jobbernowl

member

Activity: 222

Merit: 12

Quote from: Neyo on June 12, 2011, 04:00:31 PM

The Guardian writes "Bitcoin: the hacker currency that's taking over the web"

http://www.guardian.co.uk/technology/2011/jun/12/bitcoin-online-currency-us-government

Quote from: Guardian.co.uk

Bitcoin: the hacker currency that's taking over the web
This article was published on guardian.co.uk at 20.00 BST on Sunday 12 June 2011. A version appeared on p2 of the G2 section of the Guardian on Monday 13 June 2011.

This is by far the most high-profile story about Bitcoin in the UK so far. The Guardian is a very well respected newspaper here.

Neyo

newbie

Activity: 28

Merit: 0

The Guardian writes "Bitcoin: the hacker currency that's taking over the web"

http://www.guardian.co.uk/technology/2011/jun/12/bitcoin-online-currency-us-government

NPR writes "Silk Road: Not Your Father's Amazon.com"

"Silk Road buyers and sellers use TOR, a system that allows its users to use the Internet anonymously, to log on to the site and only conduct transactions in the digital currency bitcoin, which is also untraceable."

http://www.npr.org/2011/06/12/137138008/silk-road-not-your-fathers-amazon-com

Grant

full member

Activity: 210

Merit: 100

Guess this one would fit better under "Bitcoin press hits, factless journalism"

Wtf 1.:

Quote

One of the hottest new currency is the Bitcoin (BTC), which is a cool, online money used by Second Life users.

Wtf 2.:

Quote

When Mt. Gox opened on Friday morning, the currency was worth $28.919 USD. It fell to $20.01 USD, but by the end of the day, they were back up to $24.34.

It was lower than that, 10.3x before it rallied to almost 25

Wtf 3.:

Quote

One major reason for the Bitcoin Black Friday could be the loss of PayPal as a payment method. The group banned transactions....

What group Huh

More fantasy journalism here: http://business.gather.com/viewArticle.action?articleId=281474979436523

nqwi

newbie

Activity: 17

Merit: 0

Front page of http://smh.com.au (mainstream Sydney newspaper) has a big link (about 1/4 of the front page) to an article on Silk Road (referring to bitcoin).

timmo11

newbie

Activity: 24

Merit: 0

Quote from: S3052 on June 11, 2011, 03:17:47 AM

Quote from: Grant on June 11, 2011, 03:06:58 AM

http://www.dailytech.com/Digital+Black+Friday+First+Bitcoin+Depression+Hits/article21877.htm

Kinda, funny article, i guess the moral of the story is:

A 30% intraday correction after a week of rallies = depression
A correction is also = inflation

Agree with you, this article is just ridiculous....Nothing different, and nothing worrying for bitcoins, UNLESS BTCUSD falls through 18-20$ or 10$.

MtGox is quoting $14 now.... so is that worrying? Or does it have to fall through $10?

From my point of view none of this is worrying at all. There may have been a price bubble but bitcoin goes on...

kiba

legendary

Activity: 980

Merit: 1014

Quote from: timmo11 on June 11, 2011, 07:39:04 PM

One thing he has wrong is that "gold can be infinitely mined" - in fact there is talk that not only have we reached peak oil, we have reached peak gold.

What I find particularly ingenious about the Bitcoin system is that it mimics this whole cycle. In the beginning gold was easy to find in Australia. We are still producing but its much harder.

Mine asteroids.

timmo11

newbie

Activity: 24

Merit: 0

Quote from: JeanLucPicard on June 11, 2011, 05:14:47 PM

Quote from: zef on June 11, 2011, 04:34:42 PM

positive debunking of common austrian complaints against bitcoin
http://www.libertariannews.org/2011/06/06/libertarian-goldbugs-hating-on-bitcoin-free-market-money/

Awesome article!

One thing he has wrong is that "gold can be infinitely mined" - in fact there is talk that not only have we reached peak oil, we have reached peak gold.

What I find particularly ingenious about the Bitcoin system is that it mimics this whole cycle. In the beginning gold was easy to find in Australia. We are still producing but its much harder.

Vladimir

hero member

Activity: 812

Merit: 1001

-

also unlike gold bitcoin can be 'teleported' over the internet, can be made to be very difficult to find with metal detector, more compact, easier to measure, more difficult to make tungsten fakes, more difficult to misreport amount of it stored at Fort Knox, if public accountability is required. Wow more than one thing goes in favour of bitcoin as compared to gold.

Gold has one thing going for it big time, though, it has many thousands year history as a store of value, definitely not a 2 year old high risk 'maybe fad', but highly speculative too nonetheless.

molecular

donator

Activity: 2772

Merit: 1019

Quote from: ?? on ??

Gold's initial "use value"? was a lot more than that. Gold has over a dozen properties that make it an excellent store of value over other resources. One of them being durability. How durable is a hard drive?

A bitcoin wallet can be made quite durable by distributing an encrypted copy to many places. You can even extract the keys and print them (maybe also encrypted) on a piece of paper... or carve them in gold Wink