The Week In Bitcoin - Feb 21 through Feb 27, 2011.

Stephen Gornick

legendary

Activity: 2506

Merit: 1010

Quote from: Ricochet on February 28, 2011, 02:48:45 AM

See: CoinTumblr, which the wiki states as being mentioned first on the 26th though the link shows the 12th as its post date.

Fixed.

Quote from: Ricochet on February 28, 2011, 02:48:45 AM

Perhaps I should create an account on the wiki to correct this...

You could even earn bitcoins for helping! https://en.bitcoin.it/wiki/Bitcoin:Contributors_award

Quote from: Ricochet on February 28, 2011, 02:48:45 AM

Of course that's not to say that I don't appreciate the news postings. I (and I'm sure others as well) are very glad of your efforts.

Stephen Gornick

legendary

Activity: 2506

Merit: 1010

The Week In Bitcoin - Feb 21 through Feb 27, 2011.

Sunday Feb 27th, 2011

s3052’s Technical Analysis
http://mtgox.com/blog/?p=274
“The further downward correction has materialized, with HUGE selling volume today.”
Difficulty adjustment. Total network hashing strength: 398 Ghash/sec, difficulty 55590. Bitcoin mining activity consumes 6 mWh electricity per day. [Edit: 6 mWh per day]
http://www.bitcoinminer.com/post/3359058885/hashing-difficulty-55590
DeepBit adds “Pay-Per-Share” reward distribution mode.
http://en.bitcoin.it/wiki/DeepBit

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

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

Ricochet

sr. member

Activity: 373

Merit: 250

I see that most of these newly-created Wiki pages use Feb 26th as an origin date even when the actual date was much earlier. See: CoinTumblr, which the wiki states as being mentioned first on the 26th though the link shows the 12th as its post date. Perhaps I should create an account on the wiki to correct this...

Of course that's not to say that I don't appreciate the news postings. I (and I'm sure others as well) are very glad of your efforts.

JesusTheCaffeine

newbie

Activity: 35

Merit: 0

Explaining bitcoin to /g/ with their paranoia was hard.

Did you know they really think google chromium is a botnet?

By the way, linking links to 4chan threads isn't the best idea as they expire when the thread goes past page 10.

Stephen Gornick

legendary

Activity: 2506

Merit: 1010

The Week In Bitcoin - Feb 21 through Feb 27, 2011.

Saturday Feb 26th, 2011

DeepBit.net mining pool. Currently in open beta test.
- Summary: "proportional reward distributioin", 3% fee, daily payout.
- http://www.deepbit.net
- http://j.mp/deepbit
poclbm-gui GUI Frontend for poclbm python OpenCL bitcoin miner
http://github.com/Kiv/poclbm
http://en.bitcoin.it/wiki/Poclbm-gui
New sites and other content:
1BTCHost Simple and easy web hosting, from 1.0 BTC per month.
- http://1btchost.com
- http://en.bitcoin.it/wiki/1BTCHost
CoinTumblr - Bitcoin mixnet, via Onion address / Tor.
- http://en.bitcoin.it/wiki/CoinTumblr
Discuss: Upcoming feature for ClearCoin, refund to charity / mediator:
https://bitcointalksearch.org/topic/new-clearcoin-feature-refund-to-charity-3903
Blog post: BitcoinReport - Latest Bitcoin top 100 'Rich List':
http://bit.ly/emkNp9
Hope this doesn't come as a shock to anyone. Those at the top? They aren't selling, they're buying: http://bit.ly/ezJmAv http://bit.ly/ezdCml http://bit.ly/fOvgRi

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

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

Stephen Gornick

legendary

Activity: 2506

Merit: 1010

The Week In Bitcoin - Feb 21 through Feb 27, 2011.

Friday Feb 25th, 2011

Bitcoin network reaches size half that of Tianhe-1A, quarter of Folding@Home: http://bit.ly/f9czvM
New sites and other content:
CoinCard - Sell bitcoins for PayPal or prepaid stored value cards delivered instantly.
- Fees: Using “best bid” market exchange
- PayPal: Under $50, 3% fee. $50 and over, $1 + 1%
- Domino’s virtual gift card: 1% fee.
- http://coincard.ndrix.com
- http://en.bitcoin.it/wiki/CoinCard
BitcoinCrypto - a very lightweight Bitcoin crypto library for Android and JVM.
- https://en.bitcoin.it/wiki/BitcoinCrypto
- https://bitcointalksearch.org/topic/a-lightweight-bitcoin-crypto-library-for-javaandroid-3875
BitMarket Square -
- http://www.bitmarketsquare.com
- http://en.bitcoin.it/wiki/BitMarket_Square
s3052’s Brief Technical Analysis:
https://bitcointalksearch.org/topic/m.55217
- “Head and shoulders bearish pattern has been invalidated with the break above $0.95”
- “The intermediate correction is probably not over”
- “There is a strong likelyhood that we see another leg down toward $0.80 , or even $0.50”

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

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

Stephen Gornick

legendary

Activity: 2506

Merit: 1010

The Week In Bitcoin - Feb 21 through Feb 27, 2011.

Thursday Feb 24th, 2011

s3052's Technical Analysis: (from Yesterday)
http://mtgox.com/blog/?p=262
"Key indicators continue to be strongly bearish"
- Long Term: "We remain in a correction"
- Short Term:
- Resistance: $0.95 Right shoulder of head and shoulders (bearish).
- Support: $0.80 This level needs to hold to invalidate bearish pattern.
New sites and other content:
- Bitmarket: Buy, sell and trade goods and services with bitcoins.
- http://www.BitMarket.ca
- http://en.bitcoin.it/wiki/Bitmarket
NO CASH DAY 2011 - The first international event against cash.
http://www.nocashday.org/?p=1
https://bitcointalksearch.org/topic/no-cash-day-2011-3846

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

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

Stephen Gornick

legendary

Activity: 2506

Merit: 1010

The Week In Bitcoin - Feb 21 through Feb 27, 2011.

Wednesay Feb 23rd, 2011

Freenet now accepts Bitcoin as a donation method
https://freenetproject.org/donate.html
New sites and other content:
- Video: Bitcoin presentation at NYC Bitcoin User Group
- http://www.youtube.com/watch?v=YakSbM2u8KM
- Video: Bitcoin presentation at Ignite D.C.
- http://ignite-dc.blip.tv/file/4801077
- Slides: http://bitcoinbasics.com/ignitedc
- Article: Anonymous money needs an anonymous exchange
- http://bit.ly/hngU78
- Bitcoin.local: Trade, buy and sell Bitcoins locally
- http://www.tradebitcoin.com
- http://en.bitcoin.it/wiki/Bitcoin.local
- Wiki Articles:
- How to accept Bitcoin, for small businesses
- http://bit.ly/gGDmWK
- Why a GPU mines faster than a CPU
- http://bit.ly/hhanjK
Seen on #bitcoin-bitpenny the second round of testing will begin in days
http://en.bitcoin.it/wiki/BitPenny
WalletBuddy: Open source wallet manager (encrypted backup) for Windows.
Uses GPG (gpg4win) encryption. Built with .Net Framework 4.
- Announcement: https://bitcointalksearch.org/topic/walletbuddy-secure-wallets-storage-and-backup-3735
- Project on Github: https://github.com/Fnordsoft/Bitcoin-Projects

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

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

Stephen Gornick

legendary

Activity: 2506

Merit: 1010

The Week In Bitcoin - Feb 21 through Feb 27, 2011.

Tuesday Feb 22nd, 2011

New sites and other content:
- BitYacht, an online Yatzee-like dice game:
- http://www.bityacht.com
- http://en.bitcoin.it/wiki/BitYacht
- Blog post: Stubborn Mule (Sydney, AUS)
- http://www.stubbornmule.net/2011/02/virtual-currency

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

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

Mike Hearn

legendary

Activity: 1526

Merit: 1129

Thanks for doing this. It's really good.

Stephen Gornick

legendary

Activity: 2506

Merit: 1010

The Week In Bitcoin - Feb 21 through Feb 27, 2011.

Sunday Feb 27th, 2011

s3052’s Technical Analysis
http://mtgox.com/blog/?p=274
“The further downward correction has materialized, with HUGE selling volume today.”
Difficulty adjustment. Total network hashing strength: 398 Ghash/sec, difficulty 55590. Bitcoin mining activity consumes 6 mWh electricity per day. [Edit: 6 mWh per day]
http://www.bitcoinminer.com/post/3359058885/hashing-difficulty-55590
DeepBit adds “Pay-Per-Share” reward distribution mode.
http://en.bitcoin.it/wiki/DeepBit

Saturday Feb 26th, 2011

DeepBit.net mining pool. Currently in open beta test.
- Summary: "proportional reward distributioin", 3% fee, daily payout.
- http://www.deepbit.net
- http://j.mp/deepbit
poclbm-gui GUI Frontend for poclbm python OpenCL bitcoin miner
http://github.com/Kiv/poclbm
http://en.bitcoin.it/wiki/Poclbm-gui
New sites and other content:
1BTCHost Simple and easy web hosting, from 1.0 BTC per month.
- http://1btchost.com
- http://en.bitcoin.it/wiki/1BTCHost
CoinTumblr - Bitcoin mixnet, via Onion address / Tor.
- http://en.bitcoin.it/wiki/CoinTumblr
Discuss: Upcoming feature for ClearCoin, refund to charity / mediator:
https://bitcointalksearch.org/topic/new-clearcoin-feature-refund-to-charity-3903
Blog post: BitcoinReport - Latest Bitcoin top 100 'Rich List':
http://bit.ly/emkNp9
Hope this doesn't come as a shock to anyone. Those at the top? They aren't selling, they're buying: http://bit.ly/ezJmAv http://bit.ly/ezdCml http://bit.ly/fOvgRi

Friday Feb 25th, 2011

Bitcoin network reaches size half that of Tianhe-1A, quarter of Folding@Home: http://bit.ly/f9czvM
New sites and other content:
CoinCard - Sell bitcoins for PayPal or prepaid stored value cards delivered instantly.
- Fees: Using “best bid” market exchange
- PayPal: Under $50, 3% fee. $50 and over, $1 + 1%
- Domino’s virtual gift card: 1% fee.
- http://coincard.ndrix.com
- http://en.bitcoin.it/wiki/CoinCard
BitcoinCrypto - a very lightweight Bitcoin crypto library for Android and JVM.
- https://en.bitcoin.it/wiki/BitcoinCrypto
- https://bitcointalksearch.org/topic/a-lightweight-bitcoin-crypto-library-for-javaandroid-3875
BitMarket Square -
- http://www.bitmarketsquare.com
- http://en.bitcoin.it/wiki/BitMarket_Square
s3052’s Brief Technical Analysis:
https://bitcointalksearch.org/topic/m.55217
- “Head and shoulders bearish pattern has been invalidated with the break above $0.95”
- “The intermediate correction is probably not over”
- “There is a strong likelyhood that we see another leg down toward $0.80 , or even $0.50”

Thursday Feb 24th, 2011

s3052's Technical Analysis: (from Yesterday)
http://mtgox.com/blog/?p=262
"Key indicators continue to be strongly bearish"
- Long Term: "We remain in a correction"
- Short Term:
- Resistance: $0.95 Right shoulder of head and shoulders (bearish).
- Support: $0.80 This level needs to hold to invalidate bearish pattern.
New sites and other content:
- Bitmarket: Buy, sell and trade goods and services with bitcoins.
- http://www.BitMarket.ca
- http://en.bitcoin.it/wiki/Bitmarket
NO CASH DAY 2011 - The first international event against cash.
http://www.nocashday.org/?p=1
https://bitcointalksearch.org/topic/no-cash-day-2011-3846

Wednesday Feb 23rd, 2011

Freenet now accepts Bitcoin as a donation method
https://freenetproject.org/donate.html
New sites and other content:
- Video: Bitcoin presentation at NYC Bitcoin User Group
- http://www.youtube.com/watch?v=YakSbM2u8KM
- Video: Bitcoin presentation at Ignite D.C.
- http://ignite-dc.blip.tv/file/4801077
- Slides: http://bitcoinbasics.com/ignitedc
- Article: Anonymous money needs an anonymous exchange
- http://bit.ly/hngU78
- Bitcoin.local: Trade, buy and sell Bitcoins locally
- http://www.tradebitcoin.com
- http://en.bitcoin.it/wiki/Bitcoin.local
- Wiki Articles:
- How to accept Bitcoin, for small businesses
- http://bit.ly/gGDmWK
- Why a GPU mines faster than a CPU
- http://bit.ly/hhanjK
Seen on #bitcoin-bitpenny the second round of testing will begin in days
http://en.bitcoin.it/wiki/BitPenny
WalletBuddy: Open source wallet manager (encrypted backup) for Windows.
Uses GPG (gpg4win) encryption. Built with .Net Framework 4.
- Announcement: https://bitcointalksearch.org/topic/walletbuddy-secure-wallets-storage-and-backup-3735
- Project on Github: https://github.com/Fnordsoft/Bitcoin-Projects

Tuesday Feb 22nd, 2011

New sites and other content:
- BitYacht, an online Yatzee-like dice game:
- http://www.bityacht.com
- http://en.bitcoin.it/wiki/BitYacht
- Blog post: Stubborn Mule (Sydney, AUS)
- http://www.stubbornmule.net/2011/02/virtual-currency

Monday, Feb 21st, 2011

AurumXChange adding features useful to Bitcoiners
- We will begin offering automated exchanges between bitcoin and LR
- We are working with mtgox on this.
- LR to bitcoin exchange will be instant.
- Bitcoin to LR will be automated, but not instant.
https://bitcointalksearch.org/topic/m.50859
https://en.bitcoin.it/wiki/AurumXchange_Company
Bitcoin classic client, v0.3.20 is now available for all supported platforms.
- http://sourceforge.net/projects/bitcoin/files/Bitcoin/bitcoin-0.3.20
- Announcement and release notes:
- https://bitcointalksearch.org/topic/m.52561
- Integration and staging tree on Github: https://github.com/bitcoin/bitcoin
Mining-ready hard drives offered for sale:
https://bitcointalksearch.org/topic/for-sale-a-mining-drive-overnight-shipping-anywhere-in-the-us-3706
Video: http://www.youtube.com/watch?v=FThX1cDg-tg
New sites and other content:
- Daily and Weekly summaries of Bitcoin-related developments:
- http://www.BitcoinNews.com
4Chan discovers Bitcoin: http://boards.4chan.org/g/res/16063169
If you aren’t familiar with 4Chan: http://en.wikipedia.org/wiki/4chan
Some interesting comments:
- “Long story short: Creating monopoly money with GPU, neckbeards believe this monopoly money actually has value.”
- “the software to mine are all open source. so there’s no CRACKING SEKRIT PASSWORDS”
- “Meanwhile, people are dying of cancer and you aren’t helping research the cure”
- "Do not underestimate the nuttiness of internet libertarians”

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

Previous weekly 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.

Topic: The Week In Bitcoin - Feb 21 through Feb 27, 2011. (Read 2473 times)