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Topic: The Week In Bitcoin - Apr 11 through Apr 17, 2011 (Read 2295 times)

Stephen Gornick
legendary
Activity: 2506
Merit: 1010
The Week In Bitcoin - Apr 11 through Apr 17, 2011
April 18, 2011, 07:30:02 PM
#7
Sunday, Apr 17th, 2011



Saturday, Apr 16th, 2011

  • Press:
    Online Cash Bitcoin Could Challenge Governments, Banks by @JerryBrito in Time Magazine’s Techland blog
    “The good, though, turns out to be really good. Law-abiding citizens can carry on their affairs without anyone snooping on them or telling them what they can and can’t do.”
    - http://ti.me/h5Vv91



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Stephen Gornick
legendary
Activity: 2506
Merit: 1010
Re: The Week In Bitcoin - Apr 11 through Apr 17, 2011
April 16, 2011, 01:58:23 PM
#6
Friday, Apr 15th, 2011




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Stephen Gornick
legendary
Activity: 2506
Merit: 1010
Re: The Week In Bitcoin - Apr 11 through Apr 17, 2011
April 15, 2011, 01:45:51 PM
#5
Thursday, Apr 14th, 2011

  • Rally continues:
    Exceeded $1.08 intraday.  Multi-day trading volume, in dollar terms, unprecedented for this fledgling currency.
  • Bitcoin Economy Snapshot
    “1 BTC = $0.94 USD, Size: 5.92M BTC, Last 24h: 0.12M BTC in 2.9K trx, Difficulty: 82.3K, Forum posts/day: 738, Nodes: 1.7K”
    - http://twitter.com/bitcoineconomy
  • s3052’s Bitcoin Market Analysis
    “BTC/USD rallied +78% over the past 10 trading days”
    Long Term: ”The correction/consolidation from the all time high of $1.10 can be declared over.”
    Short Term: “Given the huge rally we may see some pausing.”  ”However it might be dangerous to bet on the downside.”
    - http://bit.ly/evZTaC
  • Video
    Bitcoin The Best Financial Privacy Is Here…Probably on YouTube
    “Bitcoin has instantaneous transactions.  You don’t have to worry about different timezones, or is it a holiday in that country. You don’t have to deal with going to the bank during banking hours.”
    -  http://www.youtube.com/watch?v=LSLByqTusaQ (length 6 minutes)
  • Article / Blog post:
    Money, Currency and Bitcoin by Jonathan Harris
    “We don’t know what money is. But if Bitcoin works as well as any other currency, then its fair to assume that it’s at least as real as anything else we call money.”
    - http://jonone100.blogspot.com/2011/04/money-currency-and-bitcoin.html
  • Cyber Security starts looking at Bitcoin
    “port scan for computers with an open #bitcoin port then banner scan that list of computers and wait for #0day?”
    - http://twitter.com/SecAndSecTech/status/57626593480282112
  • Milestone for Bitcoinity Wanted:
    Bitcoinity Wanted shows commitments totaling nearly $1,500 so far in sales that have been pledged towards various merchants as an incentive to persuade them to begin accepting Bitcoin as payment.
    - http://bitcoinity.org/wanted
    - http://en.bitcoin.it/wiki/Bitcoinity_Wanted
  • New site: BitcoinGamer.com
    Online gambling including Coin Toss, Roulette, Penny Slots, and Darts. Wagers from 0.01 BTC.
    - http://bitcoingamer.com



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mpkomara
full member
Activity: 183
Merit: 100
Re: The Week In Bitcoin - Apr 11 through Apr 17, 2011
April 14, 2011, 07:13:12 AM
#4
The first bitcoin put traded on January 26th, not in Bitcoin-OTC, but here in the forum!

https://bitcointalksearch.org/topic/options-trading-2986

Stephen Gornick
legendary
Activity: 2506
Merit: 1010
Re: The Week In Bitcoin - Apr 11 through Apr 17, 2011
April 14, 2011, 05:26:24 AM
#3
Wednesday, Apr 13th, 2011

  • New exchange: Bitcoil
    An exchange that trades between bitcoin and either Israeli New Shekels (ILS) or USD. The exchange rate is pegged to the market rate on Mt. Gox. This brings a total of 4 new currencies (GBP, PLN, BRL, ILS) which now have at least one Bitcoin exchanger.
    - http://bitcoil.co.il
    - http://en.bitcoin.it/wiki/Bitcoil
  • New Bitcoin Wikis recently added
    The Bitcoin.it wiki already sites for English, French/Français) and Chinese/‪中文(中国大陆) and now the wikis for additional languages have been added:
    - Italiano (Italian): http://it.bitcoin.it
    - German (Deutsch): http://de.bitcoin.it
    - Russian (Pyccкий): http://ru.bitcoin.it
    - Español (Spanish): http://es.bitcoin.it
  • Article / Blog post:
    Bitcoin, Precious Metals, and Monetary Debasement on Practical Agorism blog
    “The best part about it is there are so many ways to take advantage of the opportunity.  You can start a business that accepts Bitcoins, you can build mining rigs, you can open an exchange, or you can simply buy Bitcoins and wait for them to appreciate.”
    - http://practicalagorism.com/2011/04/12/bitcoin-precious-metals-and-monetary-debasement
  • Video:
    Using Technology to Advance Liberty presented by Eric Johnson during Agora.io unconference
    “Assault on people’s freedoms are coming from all directions.” “This presentation is about another way to fight back, by using technology.”
    Covered are i2p, tor, osiris, freenet, truecrypt, mesh technologies, and Bitcoin.
    - http://www.bitcoinmoney.com/post/4590735908
  • Article / Blog post:
    Legal Tender, Illegal Tender - will Bitcoin be banned? by Vitalik Buterin in The Bitcoin Weekly
    “The government relies on the perception of legitimacy to survive, so it will fight against such an ideology tooth and nail, and if Bitcoin is too strongly linked to agorism it will itself be persecuted.”
    The article was also published in The Monetary Future blog.
    - http://bitcoinweekly.com/articles/legal-tender-illegal-tender-will-bitcoin-be-banned
  • #Bitcoin-OTC marketplace sees first bitcoin PUT option contract traded
    “a challenge because not only might the two parties not be in the same country, they likely won’t even know each other’s true identity.”
    - http://bitcoin-otc.com
    - http://www.bitcoinmoney.com/post/4585101363
  • Market exchange rate: Parity with USD reached once again on Mt. Gox exchange
    Intraday high of $1/BTC reached, first time in nearly two months.
    - http://bit.ly/hu3aH8 (chart showing 8-day, 40%+ rally)


Got a news tip, suggestion or comment?
  http://www.bitcoinnews.com/submit

Current week (updated throughout each day):
  http://www.bitcoinnews.com   (RSS) (mobile) (email)

Previous summaries:
  http://www.bitcoinnews.com/archive  Follow on Twitter: @BitcoinNews
Stephen Gornick
legendary
Activity: 2506
Merit: 1010
Re: The Week In Bitcoin - Apr 11 through Apr 17, 2011
April 13, 2011, 03:35:21 PM
#2
Tuesday, Apr 12th, 2011

  • Bitcoin Charts - new feature, Weighted Prices table
    The weighted prices for several currencies is now displayed in table form.  The weighted prices show for 24-hour, 7-day and 30-day periods.
    - http://bitcoincharts.com/markets (viewed in column on the right hand side)
    - http://bitcoinwatch.com under the title Currencies (Weighted Prices)
    - http://bitcoincharts.com/t/weighted_prices.json (JSON feed)
  • s3052’s Bitcoin Market Technical Analysis - Special Update
    - 3rd highest trading day ever on Bitcoins (in $ terms)
    - After break out above $0.80 we immediately jumped to next resistance $0.90 as predicted.  Surprises on the upside expected.
    - http://bit.ly/fH1w5a
  • Exchange rate jump:
    BTC/USD climbs to $0.89 on heavy trading on Mt. Gox.
  • Article / Blog post:
    Bowling for Bitcoins – Meet the Trader 05 on The Bitcoin Bulletin interviews Gavin.
    “Bitcoin has to find initial market niches where it is significantly better than existing solutions.  I don’t think being less expensive than (for example) credit cards will be enough on its own”
    - http://bit.ly/eLpk6X


Got a news tip, suggestion or comment?
  http://www.bitcoinnews.com/submit

Current week (updated throughout each day):
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Stephen Gornick
legendary
Activity: 2506
Merit: 1010
Re: The Week In Bitcoin - Apr 11 through Apr 17, 2011
April 12, 2011, 06:42:50 AM
#1
Sunday, Apr 17th, 2011



Saturday, Apr 16th, 2011

  • Press:
    Online Cash Bitcoin Could Challenge Governments, Banks by @JerryBrito in Time Magazine’s Techland blog
    “The good, though, turns out to be really good. Law-abiding citizens can carry on their affairs without anyone snooping on them or telling them what they can and can’t do.”
    - http://ti.me/h5Vv91


Friday, Apr 15th, 2011



Thursday, Apr 14th, 2011

  • Rally continues:
    Exceeded $1.08 intraday.  Multi-day trading volume, in dollar terms, unprecedented for this fledgling currency.
  • Bitcoin Economy Snapshot
    “1 BTC = $0.94 USD, Size: 5.92M BTC, Last 24h: 0.12M BTC in 2.9K trx, Difficulty: 82.3K, Forum posts/day: 738, Nodes: 1.7K”
    - http://twitter.com/bitcoineconomy
  • s3052’s Bitcoin Market Analysis
    “BTC/USD rallied +78% over the past 10 trading days”
    Long Term: ”The correction/consolidation from the all time high of $1.10 can be declared over.”
    Short Term: “Given the huge rally we may see some pausing.”  ”However it might be dangerous to bet on the downside.”
    - http://bit.ly/evZTaC
  • Video
    Bitcoin The Best Financial Privacy Is Here…Probably on YouTube
    “Bitcoin has instantaneous transactions.  You don’t have to worry about different timezones, or is it a holiday in that country. You don’t have to deal with going to the bank during banking hours.”
    -  http://www.youtube.com/watch?v=LSLByqTusaQ (length 6 minutes)
  • Article / Blog post:
    Money, Currency and Bitcoin by Jonathan Harris
    “We don’t know what money is. But if Bitcoin works as well as any other currency, then its fair to assume that it’s at least as real as anything else we call money.”
    - http://jonone100.blogspot.com/2011/04/money-currency-and-bitcoin.html
  • Cyber Security starts looking at Bitcoin
    “port scan for computers with an open #bitcoin port then banner scan that list of computers and wait for #0day?”
    - http://twitter.com/SecAndSecTech/status/57626593480282112
  • Milestone for Bitcoinity Wanted:
    Bitcoinity Wanted shows commitments totaling nearly $1,500 so far in sales that have been pledged towards various merchants as an incentive to persuade them to begin accepting Bitcoin as payment.
    - http://bitcoinity.org/wanted
    - http://en.bitcoin.it/wiki/Bitcoinity_Wanted
  • New site: BitcoinGamer.com
    Online gambling including Coin Toss, Roulette, Penny Slots, and Darts. Wagers from 0.01 BTC.
    - http://bitcoingamer.com


Wednesday, Apr 13th, 2011

  • New exchange: Bitcoil
    An exchange that trades between bitcoin and either Israeli New Shekels (ILS) or USD. The exchange rate is pegged to the market rate on Mt. Gox. This brings a total of 4 new currencies (GBP, PLN, BRL, ILS) which now have at least one Bitcoin exchanger.
    - http://bitcoil.co.il
    - http://en.bitcoin.it/wiki/Bitcoil
  • New Bitcoin Wikis recently added
    The Bitcoin.it wiki already sites for English, French/Français) and Chinese/‪中文(中国大陆) and now the wikis for additional languages have been added:
    - Italiano (Italian): http://it.bitcoin.it
    - German (Deutsch): http://de.bitcoin.it
    - Russian (Pyccкий): http://ru.bitcoin.it
    - Español (Spanish): http://es.bitcoin.it
  • Article / Blog post:
    Bitcoin, Precious Metals, and Monetary Debasement on Practical Agorism blog
    “The best part about it is there are so many ways to take advantage of the opportunity.  You can start a business that accepts Bitcoins, you can build mining rigs, you can open an exchange, or you can simply buy Bitcoins and wait for them to appreciate.”
    - http://practicalagorism.com/2011/04/12/bitcoin-precious-metals-and-monetary-debasement
  • Video:
    Using Technology to Advance Liberty presented by Eric Johnson during Agora.io unconference
    “Assault on people’s freedoms are coming from all directions.” “This presentation is about another way to fight back, by using technology.”
    Covered are i2p, tor, osiris, freenet, truecrypt, mesh technologies, and Bitcoin.
    - http://www.bitcoinmoney.com/post/4590735908
  • Article / Blog post:
    Legal Tender, Illegal Tender - will Bitcoin be banned? by Vitalik Buterin in The Bitcoin Weekly
    “The government relies on the perception of legitimacy to survive, so it will fight against such an ideology tooth and nail, and if Bitcoin is too strongly linked to agorism it will itself be persecuted.”
    The article was also published in The Monetary Future blog.
    - http://bitcoinweekly.com/articles/legal-tender-illegal-tender-will-bitcoin-be-banned
  • #Bitcoin-OTC marketplace sees first bitcoin PUT option contract traded
    “a challenge because not only might the two parties not be in the same country, they likely won’t even know each other’s true identity.”
    - http://bitcoin-otc.com
    - http://www.bitcoinmoney.com/post/4585101363
  • Market exchange rate: Parity with USD reached once again on Mt. Gox exchange
    Intraday high of $1/BTC reached, first time in nearly two months.
    - http://bit.ly/hu3aH8 (chart showing 8-day, 40%+ rally)


Tuesday, Apr 12th, 2011

  • Bitcoin Charts - new feature, Weighted Prices table
    The weighted prices for several currencies is now displayed in table form.  The weighted prices show for 24-hour, 7-day and 30-day periods.
    - http://bitcoincharts.com/markets (viewed in column on the right hand side)
    - http://bitcoinwatch.com under the title Currencies (Weighted Prices)
    - http://bitcoincharts.com/t/weighted_prices.json (JSON feed)
  • s3052’s Bitcoin Market Technical Analysis - Special Update
    - 3rd highest trading day ever on Bitcoins (in $ terms)
    - After break out above $0.80 we immediately jumped to next resistance $0.90 as predicted.  Surprises on the upside expected.
    - http://bit.ly/fH1w5a
  • Exchange rate jump:
    BTC/USD climbs to $0.89 on heavy trading on Mt. Gox.
  • Article / Blog post:
    Bowling for Bitcoins – Meet the Trader 05 on The Bitcoin Bulletin interviews Gavin.
    “Bitcoin has to find initial market niches where it is significantly better than existing solutions.  I don’t think being less expensive than (for example) credit cards will be enough on its own”
    - http://bit.ly/eLpk6X


Monday, Apr 11th, 2011

  • Discussion thread on Bitcoin:
    A thread titled Bitcoins - digital currency in the forum for the TwoPlusTwo poker strategy site caught some interest.  Some excerpts:
    “It seems like exchanges are the easiest target for governments (just like with online poker)”
    “There are like 1,000 geniuses out there not sleeping at night. And you can buy “stock” in this start-up…Simply by buying the currency.”
    - http://bit.ly/f2okfe
  • Bitcoin Economy Snapshot
    1 BTC = $0.76 USD, Size: 5.89M BTC, Last 24h: 0.09M BTC in 2.0K trx, Difficulty: 82.3K, Forum posts/day: 638, Nodes: 1.8K
    - http://twitter.com/bitcoineconomy
  • s3052’s Technical Analysis
    Short term update:
    - “BTC/USD pushed through 50h moving average and short term trendline.”
    - “If 0.8 $ is broken, the 2 month downtrend is over”
    -   http://bit.ly/gONUJ8 (short term update)
    Yesterday’s “weekly edition”:
    Long term:
    - “From a technical standpoint, the correction/consolidation looks bullish, as prices have formed a down-sloping parallel trend channel, often referred to as ‘Bull Flag’.”
    -   http://bit.ly/eaK98I (weekly analysis)
  • Plato’s cross country, bitcoin-only road trip has begun
    First stop was in Quincy, MA.  Plato’s V-6 firebird was getting 30 mpg — even so that’ll be a lot of bitcoins before L.A.!  He’ll talk about Bitcoin at Union College on Thursday.
    - https://bitcointalksearch.org/topic/platos-bitcoin-road-trip-completed-june-19-bonus-round-sfo-pdx-sea-yvr-4752
    - Map: http://goo.gl/CflUH
  • PayPal applies “reserve requirement” to CoinPal
    CoinPal, one of two exchanges which accept PayPal for purchasing bitcoins, has assessed by PayPal a 5% reserve requirement.  ”They’re just being cautious” claims the exchange’s operator.
    - https://bitcointalksearch.org/topic/m.83900
  • Audio podcast / MP3:
    Cypherpunkd Episode 005: “Bitcoin Mania” Part 1 - mids from AgoristRadio.com
    On the fascination with the mining aspect of Bitcoin: “Don’t focus too much [on mining].  With gold, do you care where it came from?  It’s the scarcity of it that people value.”
    - http://agoristradio.com/?p=112
    - http://www.bitcoinmoney.com/post/4531092714
  • Article / Blog post:
    BitCoin – a monetary revolution by TerjeP on Thoughts on Freedom blog
    “Governments will always be able to shut down any serious alternate money schemes. Or at least that’s what I thought until I recently discovered BitCoin.”
    - http://blog.libertarian.org.au/2011/04/08/bitcoin-a-monetary-revolution
  • XKCD Mining Pool
    The allocation, if any, of mining proceeds that go to support XKCD has not yet been determined.
    More information from the #xkcd-bitcoin channel on irc.foonetic.net
    - http://www.bitcoinminer.com/post/4528907258
  • New mobile service: SMSBitcoins.com
    Charges for the SMS fee are billed to the mobile user’s phone bill.
    Currently Belgium and the Netherlands.  Eventually U.K., Australia and Ireland too.
    - http://smsbitcoins.com
    - http://en.bitcoin.it/wiki/SMS_Bitcoins


Got a news tip, suggestion or comment?
  http://www.bitcoinnews.com/submit

Current week (updated throughout each day):
  http://www.bitcoinnews.com   (RSS) (mobile) (email)

Previous summaries:
  http://www.bitcoinnews.com/archive  Follow on Twitter: @BitcoinNews

Each day I will post a reply with the previous day's summary, and will update this specific post to include each daily summary as well.
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