The Week In Bitcoin - Feb 28 through Mar 6, 2011.

Stephen Gornick

legendary

Activity: 2506

Merit: 1010

The Week In Bitcoin - Feb 28 through Mar 6, 2011.

Sunday Mar 6th, 2011

Next difficulty estimate, 78K, up over 40% since the last adjustment.
Daily growth rate accelerating: http://bitcoin.sipa.be/growth.png
Blog and press mentions:
- Zorinaq - mrb's blog - The Bitcoin Cryptocurrency
- "Something that is so cleverly designed, so profoundly unique, and such a polarizing concept, that when people first hear about it, they either dismiss it as something that could never work, or instantly grasp its immense potential"
- http://blog.zorinaq.com/?e=49
- The Bitcoin Report - Bitcoin top 100 'Rich List' 6th March 2011:
- At least 100 wallets contain at least 5,000 BTC. Also, a dozen w/10,000 BTC exactly.
- http://bitcoinreport.blogspot.com

Saturday Mar 5th, 2011

New ownership of Mt. Gox exchange.
MagicalTux, web hosting provider and administrator of the Bitcoin wiki will be running the exchange:
https://bitcointalksearch.org/topic/mtgox-is-changing-owners-4187
Blog and press mentions:
- News: Rinf.com - An Internet Currency Which Promises To Work
- http://rinf.com/alt-news/sicence-technology/an-internet-currency-which-promises-to-work/10796

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 28 through Mar 6, 2011.

Friday Mar 4th, 2011

s3052’s briefest update yet: “not a lot of trading going on, no changes”
https://bitcointalksearch.org/topic/m.59761
Mt. Gox service fully operational again.
New sites and other content:
Bitcoin Bulletin - Blog, Reviews, and Classifieds (gigs & services):
- http://www.BitcoinBulletin.com
- http://en.bitcoin.it/wiki/The_Bitcoin_Bulletin

Thursday Mar 3rd, 2011

New client: Pycoin - an implementation of the Bitcoin network protocol. Python 3.
http://gitorious.org/pycoin
http://en.bitcoin.it/wiki/Pycoin
Mt. Gox network server move completed, network issue persists:
- http://twitter.com/#!/MtGox/status/43238072393023488

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

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

hazek

legendary

Activity: 1078

Merit: 1003

Quote from: Stephen Gornick on March 01, 2011, 05:00:57 AM

s3052’s Technical Analysis:
“Overall, BTC/USD are in an initial uptrend after the correction phase, with potential to regain RALLY momentum.”
Long Term:
- “Most probable scenario is a break above $0.95.”
Short Term:
- Resistance: $0.95 downward sloping trendline, then $1 and $1.10 all-time high.
- Support: Strong support at $0.80, lower Bollinger band & horizontal support.]
http://mtgox.com/blog/?p=283

I wish you also included some volume numbers because prices at a low volume can be very volatile.

Stephen Gornick

legendary

Activity: 2506

Merit: 1010

The Week In Bitcoin - Feb 28 through Mar 6, 2011.

Wednesday Mar 2nd, 2011

BitPenny mining pool
Status: Reopened.
http://www.bitpenny.com
Blog post: Bitcoin Miner - Mining Pool Updates:
http://www.bitcoinminer.com/post/3598711561
s3052’s Technical Analysis:
“Overall, BTC/USD are in an initial uptrend after the correction phase, with potential to regain RALLY momentum.”
Long Term:
- “Most probable scenario is a break above $0.95.”
Short Term:
- Resistance: $0.95 downward sloping trendline, then $1 and $1.10 all-time high.
- Support: Strong support at $0.80, lower Bollinger band & horizontal support.]
http://mtgox.com/blog/?p=283
Bitcoin Charts - A sharp, brand new look and some additional features were added. Now includes a #Bitcoin-OTC ticker which includes orders in over a half dozen different currencies:
http://www.bitcoincharts.com
#bitcoin-otc ticker page: http://bitcoin-otc.com/ticker.php
Mt. Gox exchange reportedly undergoing maintenance.
Seen in #bitcoin-otc:
[13:05:25] We are moving the mtgox server to a new host. Should be back up soon
Shortly afterwards was a forum post describing the delay:
https://bitcointalksearch.org/topic/m.58721
The site is back up, but depending on your ISP’s configuration it may take up to 24 hours to access the site once again.
On a related note: If you haven’t been following the “Baron” saga, here’s a nice summary:
https://bitcointalksearch.org/topic/m.58548

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 28 through Mar 6, 2011.

Tuesday, Mar 1st, 2011

New sites and other content:
Bit QnA - a Question and Answer service powered by bitcoins.
- http://www.bitqna.com
- http://en.bitcoin.it/wiki/Bit_QnA
Added to Wiki Trade Page, Singularity Institute accepts Bitcoin.
- https://en.bitcoin.it/wiki/Trade#Donation-accepting_organizations_and_projects
Article:HTG Explains: What Is Bitcoin, the Virtual Digital Currency?
http://www.howtogeek.com/howto/44718/htg-explains-what-is-bitcoin
“Are we finally getting close to a Star Trek Credit-system, or is this thing gonna just blow over in a few years?”
Article: Bitcoin. How it works, on what appears to be a Russian tech site.
http://habrahabr.ru/blogs/crypto/114642
The article got hundreds of reads and dozens of comments, including:
“Keynesianism - the worst thing that happened with the economy for a couple of centuries.”
s3052’s Techical Analysys - Brief Update:
“BTC/USD did not go down as deep as $0.80.”
“A strong rise above the $1.0 – $1.1 area brings the bull back into the lead.”
http://mtgox.com/blog/?p=278

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 28 through Mar 6, 2011.

Sunday Mar 6th, 2011

Next difficulty estimate, 78K, up over 40% since the last adjustment.
Daily growth rate accelerating: http://bitcoin.sipa.be/growth.png
Blog and press mentions:
- Zorinaq - mrb's blog - The Bitcoin Cryptocurrency
- "Something that is so cleverly designed, so profoundly unique, and such a polarizing concept, that when people first hear about it, they either dismiss it as something that could never work, or instantly grasp its immense potential"
- http://blog.zorinaq.com/?e=49
- The Bitcoin Report - Bitcoin top 100 'Rich List' 6th March 2011:
- At least 100 wallets contain at least 5,000 BTC. Also, a dozen w/10,000 BTC exactly.
- http://bitcoinreport.blogspot.com

Saturday Mar 5th, 2011

New ownership of Mt. Gox exchange.
MagicalTux, web hosting provider and administrator of the Bitcoin wiki will be running the exchange:
https://bitcointalksearch.org/topic/mtgox-is-changing-owners-4187
Blog and press mentions:
- News: Rinf.com - An Internet Currency Which Promises To Work
- http://rinf.com/alt-news/sicence-technology/an-internet-currency-which-promises-to-work/10796

Friday Mar 4th, 2011

s3052’s briefest update yet: “not a lot of trading going on, no changes”
https://bitcointalksearch.org/topic/m.59761
Mt. Gox service fully operational again.
New sites and other content:
Bitcoin Bulletin - Blog, Reviews, and Classifieds (gigs & services):
- http://www.BitcoinBulletin.com
- http://en.bitcoin.it/wiki/The_Bitcoin_Bulletin

Thursday Mar 3rd, 2011

New client: Pycoin - an implementation of the Bitcoin network protocol. Python 3.
http://gitorious.org/pycoin
http://en.bitcoin.it/wiki/Pycoin
Mt. Gox network server move completed, network issue persists:
- http://twitter.com/#!/MtGox/status/43238072393023488

Wednesday Mar 2nd, 2011

BitPenny mining pool
Status: Reopened.
http://www.bitpenny.com
Blog post: Bitcoin Miner - Mining Pool Updates:
http://www.bitcoinminer.com/post/3598711561
s3052’s Technical Analysis:
“Overall, BTC/USD are in an initial uptrend after the correction phase, with potential to regain RALLY momentum.”
Long Term:
- “Most probable scenario is a break above $0.95.”
Short Term:
- Resistance: $0.95 downward sloping trendline, then $1 and $1.10 all-time high.
- Support: Strong support at $0.80, lower Bollinger band & horizontal support.]
http://mtgox.com/blog/?p=283
Bitcoin Charts - A sharp, brand new look and some additional features were added. Now includes a #Bitcoin-OTC ticker which includes orders in over a half dozen different currencies:
http://www.bitcoincharts.com
#bitcoin-otc ticker page: http://bitcoin-otc.com/ticker.php
Mt. Gox exchange reportedly undergoing maintenance.
Seen in #bitcoin-otc:
[13:05:25] We are moving the mtgox server to a new host. Should be back up soon
Shortly afterwards was a forum post describing the delay:
https://bitcointalksearch.org/topic/m.58721
The site is back up, but depending on your ISP’s configuration it may take up to 24 hours to access the site once again.
On a related note: If you haven’t been following the “Baron” saga, here’s a nice summary:
https://bitcointalksearch.org/topic/m.58548

Tuesday, Mar 1st, 2011

New sites and other content:
Bit QnA - a Question and Answer service powered by bitcoins.
- http://www.bitqna.com
- http://en.bitcoin.it/wiki/Bit_QnA
Added to Wiki Trade Page, Singularity Institute accepts Bitcoin.
- https://en.bitcoin.it/wiki/Trade#Donation-accepting_organizations_and_projects
Article:HTG Explains: What Is Bitcoin, the Virtual Digital Currency?
http://www.howtogeek.com/howto/44718/htg-explains-what-is-bitcoin
“Are we finally getting close to a Star Trek Credit-system, or is this thing gonna just blow over in a few years?”
Article: Bitcoin. How it works, on what appears to be a Russian tech site.
http://habrahabr.ru/blogs/crypto/114642
The article got hundreds of reads and dozens of comments, including:
“Keynesianism - the worst thing that happened with the economy for a couple of centuries.”
s3052’s Techical Analysys - Brief Update:
“BTC/USD did not go down as deep as $0.80.”
“A strong rise above the $1.0 – $1.1 area brings the bull back into the lead.”
http://mtgox.com/blog/?p=278

Monday, Feb 28th, 2011

Bitcoin pitched at The Future Of Money & Technology conference
http://twitter.com/kitode/statuses/42296171280084992
Got a bot? Gribble joins the #bitcoin-mining channel.
http://webchat.freenode.net/?channels=bitcoin-mining
http://en.bitcoin.it/wiki/Gribble
s3052’s Brief Technical Update:
No change vs. last updates (TREND is DOWN for BTC/USD towards $0.80).
https://bitcointalksearch.org/topic/m.57001
New sites and other content:
Is there a relationship between mining and the value of Bitcoin currency?
- http://www.bitcoinmoney.com/post/3573286726

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 28 through Mar 6, 2011. (Read 3167 times)