Bitcoin Forum

Economy => Speculation => Topic started by: Spekulatius on September 13, 2012, 02:16:02 AM



Title: London 2012
Post by: Spekulatius on September 13, 2012, 02:16:02 AM
http://bitcoin2012.com/

From 15th to 16th of September.

What's it's effect on price gonna be?


Title: Re: London 2012
Post by: cypherdoc on September 13, 2012, 03:52:33 AM
up?


Title: Re: London 2012
Post by: adamstgBit on September 13, 2012, 03:59:59 AM
up?

not down!


Title: Re: London 2012
Post by: cypherdoc on September 13, 2012, 04:01:47 AM

hell no!


Title: Re: London 2012
Post by: adamstgBit on September 13, 2012, 04:13:45 AM
as long as has Amir(one of the bitcoina owners) has his own personal bodyguard it should go smoothly


Title: Re: London 2012
Post by: Spekulatius on September 13, 2012, 01:52:36 PM
Does anyone dare to make a quantitative prediction?

I'd say 10% up from 14th of Sept. price till 17th is in the range of possibility. Especially because we are bound to go up anyway IMO.


Title: Re: London 2012
Post by: zby on September 13, 2012, 02:04:21 PM
Does anyone dare to make a quantitative prediction?

I'd say 10% up from 14th of Sept. price till 17th is in the range of possibility. Especially because we are bound to go up anyway IMO.

Up enough to clear 12.15 and resolve the up trend.


Title: Re: London 2012
Post by: Spekulatius on September 13, 2012, 02:23:25 PM
Does anyone dare to make a quantitative prediction?

I'd say 10% up from 14th of Sept. price till 17th is in the range of possibility. Especially because we are bound to go up anyway IMO.

Up enough to clear 12.15 and resolve fire up the up trend.


Title: Re: London 2012
Post by: thezerg on September 13, 2012, 09:37:57 PM
IDK about during it, could even be down since ppl don't have secure access to their acts.  But given current trend, the convention, and QE3 next week is looking to be pretty huge :-).


Title: Re: London 2012
Post by: Spekulatius on September 15, 2012, 09:59:57 PM
Lets sum up Day 1 of Bitcoin2012:

Any interesting announcements, news, rumors yet?

What happened during the most anticipated presentations of today (Birgitta Jónsdóttir, Richard Stallman, Mihai Alisie "Bitcoin Magazine",..)?

.
.
.

What can be expected of tomorrows presentations? Any impending announcements in the pipeline?
Pls sort by speaker (e.g. Max Keiser, David Hunter, Jeff Garzik, David Birch,..)!


Title: Re: London 2012
Post by: Spekulatius on September 15, 2012, 11:21:57 PM
Lets sum up Day 1 of Bitcoin2012:

Any interesting announcements, news, rumors yet?

What happened during the most anticipated presentations of today (Birgitta Jónsdóttir, Richard Stallman, Mihai Alisie "Bitcoin Magazine",..)?

.
.
.

What can be expected of tomorrows presentations? Any impending announcements in the pipeline?
Pls sort by speaker (e.g. Max Keiser, David Hunter, Jeff Garzik, David Birch,..)!

Ok, so based on the scarce news that trickled down into the ether and into my ear, today was kind of a disappointment when you were waiting for any announcement, projects, or news. Miss Iceland (Birgitta Jónsdóttir) just talked about the importance of privacy on the internet..<jawn>. Richard Stallmann warned of the dangers of proprietary software (nothing new here, move along!), Mihai Alisie (Bitcoin Magazine) announced that the Magazine will be carried by some large print retailer across the UK (O.K. nice progress, but nothing special) and that everybody basically had a good time but thats all.
...
I wish tomorrow will produce some exitement, something at least the big news agencies present (Reuters, BBC, Bitcoin Magazine;) ) can write about.

My biggest hopes for some action are based on David Hunter (https://sites.google.com/a/bitcoin2012.com/homepage/speakers), chief executive of Ukash. He's holding his presentation in Room C at 14:00 - 14:30 BST, "Bitcoins and Ukash, how might they work together?" Maybe he announces some cooperation with UKash and bitcoin, like you can buy UKash credit with bitcoin directly on the site and charge your CashU account with it, instead of goint through meat space retailers.


Title: Re: London 2012
Post by: ArticMine on September 16, 2012, 12:35:20 AM

...
 Richard Stallmann warned of the dangers of proprietary software (nothing new here, move along!)
...

This is not surprising and actually expected. The fact that RMS gave his speech at a Bitcoin conference is a very significant  promotion for Bitcoin. To put things into perspective.  GNU/Linux accounts for 1% of the desktop operating system market share. A similar market share for Bitcoin would require a market price for 1 BTC of approximately 10000 USD.


Title: Re: London 2012
Post by: squall1066 on September 16, 2012, 11:45:49 AM
Well not so much news on day 1, Maybe saving the best for last, I hope so, I was going to go, As I live about 2 hours away, But cant get time off work, Looks like I'm not missing anything major at this point.

Watching for end of day 2, Please update when you know anything.


Title: Re: London 2012
Post by: Spekulatius on September 16, 2012, 03:01:28 PM
So far I havent heard of anything newsworthy from the conference. I think nothing else will come off it. Some nice lectures for the attendees, yes; but nothing world changing.

Disclosure: I solld all my bitcoins just now


Title: Re: London 2012
Post by: Severian on September 16, 2012, 03:04:23 PM
The fact that RMS gave his speech at a Bitcoin conference is a very significant  promotion for Bitcoin.

Stallman putting his stamp on bitcoin removes the last of my reservations about the technical end of the protocol.


Title: Re: London 2012
Post by: thezerg on September 17, 2012, 02:07:17 PM
So far I havent heard of anything newsworthy from the conference. I think nothing else will come off it. Some nice lectures for the attendees, yes; but nothing world changing.

Disclosure: I solld all my bitcoins just now

I think you had the wrong impression the the purpose of this conference.  Big announcements at confs happen in more mature industries as the marketing dept tries to create "buzz".  Without even going, this conf seemed more like a hackerspace meetup -- where ideas and partnerships are germinated not announced.  We should have been trying to figure out whether finanicial industry reps went and if so who they work for...


Title: Re: London 2012
Post by: Sitarow on September 17, 2012, 02:31:44 PM
So far I havent heard of anything newsworthy from the conference. I think nothing else will come off it. Some nice lectures for the attendees, yes; but nothing world changing.

Disclosure: I solld all my bitcoins just now

LOL



Title: Re: London 2012
Post by: Technomage on September 17, 2012, 03:12:16 PM
What will come from the conference is mostly hidden because most of the value is in the talks between different Bitcoin pioneers. I can tell that there are potentially some big things coming from it but only time will tell really.

Personally I hope the next conference would be more business oriented. I'm planning on organizing one in Helsinki btw. It would be bigger than anything so far.


Title: Re: London 2012
Post by: Technomage on September 17, 2012, 03:38:13 PM
Indeed I had this problem that I didn't acquire enough pounds when I came to London. That was solved fairly easily, I found a buyer for my bitcoins and got plenty of pounds. It was at a decent rate as well so I didn't lose anything in the exchange. Withdrawing from an ATM would have been a losing proposition, so that worked out great. I sold some of my Casascius coins for pounds as well.


Title: Re: London 2012
Post by: cypherdoc on September 17, 2012, 04:13:05 PM
The fact that RMS gave his speech at a Bitcoin conference is a very significant  promotion for Bitcoin.

Stallman putting his stamp on bitcoin removes the last of my reservations about the technical end of the protocol.

not being in your field, just how big is Stallman?


Title: Re: London 2012
Post by: Nefario on September 17, 2012, 04:36:52 PM
Stallman was understandably sad and angry, without his gnu (which someone had taken) then it would just be linux.


Title: Re: London 2012
Post by: Spekulatius on September 17, 2012, 04:39:56 PM
So far I havent heard of anything newsworthy from the conference. I think nothing else will come off it. Some nice lectures for the attendees, yes; but nothing world changing.

Disclosure: I solld all my bitcoins just now

LOL

Yeah, I always go all in with my trades. Dont really see the merrits in wagering only fractional amounts. Because I feel the little rally that preluded the conference was based on rumor about some "exiting announcements" on the conference and a huge 1,5M USD BID wall that pushed price up at a crucial point where it could have instead broken down to 10$, I think its saver to wait for that potential correction to happen (current support at 10.50$, weak support at ~11.90$) or jump back on the up trend if we break 12$.


Title: Re: London 2012
Post by: thezerg on September 17, 2012, 05:43:24 PM
The fact that RMS gave his speech at a Bitcoin conference is a very significant  promotion for Bitcoin.

Stallman putting his stamp on bitcoin removes the last of my reservations about the technical end of the protocol.

not being in your field, just how big is Stallman?

That's a very hard question to answer.  He's the grandfather of open source software, a movement which has revolutionized the way software is developed.  At the same time he does not "come off" well to straight-laced corporate types.  Read up about him... http://www.youtube.com/watch?v=bDxMJQLXmBE (http://www.youtube.com/watch?v=bDxMJQLXmBE)

But the fact that the FSF still does not accept Bitcoin makes me go hmm....


Title: Re: London 2012
Post by: Nefario on September 17, 2012, 06:00:25 PM
What will come from the conference is mostly hidden because most of the value is in the talks between different Bitcoin pioneers. I can tell that there are potentially some big things coming from it but only time will tell really.

Personally I hope the next conference would be more business oriented. I'm planning on organizing one in Helsinki btw. It would be bigger than anything so far.

That was my impression, it was certainly worth it for me, a lot is going to come from this. I also think it's funny people were moaning about a lack of live streaming, which I think were the same people saying they were not going to boycott the conference in the first place LOL.


Title: Re: London 2012
Post by: World on September 17, 2012, 06:16:16 PM
Personally I hope the next conference would be more business oriented. I'm planning on organizing one in Helsinki btw. It would be bigger than anything so far.
+1


Title: Re: London 2012
Post by: thezerg on September 17, 2012, 06:17:14 PM
But the fact that the FSF still does not accept Bitcoin makes me go hmm....
Actually, the FSF has been accepting Bitcoin donations since May 2011.

See: Bitcoins: A new way to donate to the FSF (http://www.fsf.org/blogs/community/bitcoins-a-new-way-to-donate-to-the-fsf)

First they did, then they didn't http://www.theatlanticwire.com/technology/2011/06/bitcoin-eff-wikileaks-fsf-donations/39055/ (http://www.theatlanticwire.com/technology/2011/06/bitcoin-eff-wikileaks-fsf-donations/39055/).  But I dug deeper and it looks like they do now https://my.fsf.org/donate/other/ (https://my.fsf.org/donate/other/).  Too bad that atlanticwire article is one of the top bitcoin FSF search hits...


Title: Re: London 2012
Post by: old_engineer on September 17, 2012, 09:20:57 PM
First they did, then they didn't http://www.theatlanticwire.com/technology/2011/06/bitcoin-eff-wikileaks-fsf-donations/39055/ (http://www.theatlanticwire.com/technology/2011/06/bitcoin-eff-wikileaks-fsf-donations/39055/).  But I dug deeper and it looks like they do now https://my.fsf.org/donate/other/ (https://my.fsf.org/donate/other/).  Too bad that atlanticwire article is one of the top bitcoin FSF search hits...
FSF != EFF


Title: Re: London 2012
Post by: Stephen Gornick on September 17, 2012, 09:56:09 PM
A lot of Bitcoin-based trading was going on in the foyer. People were exchanging bitcoins for cash of course, but they were also buying T-shirts, posters, Bitcoin Magazines, Casascius coins, etc. Also people were sending and receiving BTC to settle up restaurant bills. Some were buying BFL products with Bitcoins.

For many people, it was the first time they had made mobile BTC transactions. People were generating, scanning and photographing QR codes all the time. Plenty of different mobile clients were in use, including blockchain.info and InstaWallet (whose developer, Jan, was at the conference).

Internet access was reported as being crummy, mobile phone data must have been sufficient then.

I see this same challange for other mobile payment methods, and for fraud prevention they only work with mobile signal and not Wi-Fi.   Bitcoin is one of the few that works with either mobile data or wi-fi.  (and doesn't need to be full wi-fi either, it could be locked down to just a few bitcoin wallet sites and the port left open  for bitcoin P2P.)


Title: Re: London 2012
Post by: jgarzik on September 18, 2012, 12:50:05 AM
This conference had essentially two strands: technical aspects and social aspects. This worked well, but it would be great to have business aspects as a third strand at future conferences.

+1 agreed...


Title: Re: London 2012
Post by: Sitarow on September 18, 2012, 03:54:56 AM
So far I havent heard of anything newsworthy from the conference. I think nothing else will come off it. Some nice lectures for the attendees, yes; but nothing world changing.

Disclosure: I solld all my bitcoins just now

LOL

Yeah, I always go all in with my trades. Dont really see the merrits in wagering only fractional amounts. Because I feel the little rally that preluded the conference was based on rumor about some "exiting announcements" on the conference and a huge 1,5M USD BID wall that pushed price up at a crucial point where it could have instead broken down to 10$, I think its saver to wait for that potential correction to happen (current support at 10.50$, weak support at ~11.90$) or jump back on the up trend if we break 12$.

I still think ASIC demand will make btc value to go up as people use BTC to barter with rather then speculate with.


Title: Re: London 2012
Post by: kjj on September 18, 2012, 04:30:21 AM
The fact that RMS gave his speech at a Bitcoin conference is a very significant  promotion for Bitcoin.

Stallman putting his stamp on bitcoin removes the last of my reservations about the technical end of the protocol.

not being in your field, just how big is Stallman?

That's a very hard question to answer.  He's the grandfather of open source software, a movement which has revolutionized the way software is developed.  At the same time he does not "come off" well to straight-laced corporate types.  Read up about him... http://www.youtube.com/watch?v=bDxMJQLXmBE (http://www.youtube.com/watch?v=bDxMJQLXmBE)

But the fact that the FSF still does not accept Bitcoin makes me go hmm....

Actually, he is the father of the Free Software movement.  You could say that Free Software spawned Open Source, and call him the grandfather of open source, which is sorta true.  But it also totally missed the point of everything he's been trying to say for the last couple of decades.

To be very clear, he doesn't give a crap about open source software, except when it is also Free Software, and the people that advocate OSS are doing the world a disservice by ignoring the most important stuff (freedom).


Title: Re: London 2012
Post by: Severian on September 18, 2012, 11:37:31 AM
The fact that RMS gave his speech at a Bitcoin conference is a very significant  promotion for Bitcoin.

Stallman putting his stamp on bitcoin removes the last of my reservations about the technical end of the protocol.

not being in your field, just how big is Stallman?

Stallman is to free, non-proprietary software as Tesla was to electrical engineering. That's not hyperbole. If not for Stallman, an argument could easily be made that there might not have been a bitcoin either.

The other side of that is that Richard can be really annoying and rub people the wrong way, a small tradeoff for his other gifts.


Title: Re: London 2012
Post by: thezerg on September 18, 2012, 12:35:24 PM
The fact that RMS gave his speech at a Bitcoin conference is a very significant  promotion for Bitcoin.

Stallman putting his stamp on bitcoin removes the last of my reservations about the technical end of the protocol.

not being in your field, just how big is Stallman?

That's a very hard question to answer.  He's the grandfather of open source software, a movement which has revolutionized the way software is developed.  At the same time he does not "come off" well to straight-laced corporate types.  Read up about him... http://www.youtube.com/watch?v=bDxMJQLXmBE (http://www.youtube.com/watch?v=bDxMJQLXmBE)

But the fact that the FSF still does not accept Bitcoin makes me go hmm....

Actually, he is the father of the Free Software movement.  You could say that Free Software spawned Open Source, and call him the grandfather of open source, which is sorta true.  But it also totally missed the point of everything he's been trying to say for the last couple of decades.

To be very clear, he doesn't give a crap about open source software, except when it is also Free Software, and the people that advocate OSS are doing the world a disservice by ignoring the most important stuff (freedom).

Yes, that is in fact why I said grandfather.  People have taken his baby and run in directions he disagrees with.  But Free Software is open source, and also Open Source Software (TM) whether he wants it to be or not! :-)

Thanks guys for correcting me WRT the distinction between the FSF and EFF!!!


Title: Re: London 2012
Post by: kjj on September 18, 2012, 01:18:06 PM
Yes, that is in fact why I said grandfather.  People have taken his baby and run in directions he disagrees with.  But Free Software is open source, and also Open Source Software (TM) whether he wants it to be or not! :-)

Thanks guys for correcting me WRT the distinction between the FSF and EFF!!!

Free Software is open, but Open Source isn't necessarily Free.  And in the views of many people, starting with Stallman, the important part is the Free part, not the open part.