Title: The Week In Bitcoin - Feb 21 through Feb 27, 2011.
Post by: Stephen Gornick on February 22, 2011, 08:40:15 AM
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:
http://bitcointalk.org/index.php?topic=3903.0 - 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
- http://bitcointalk.org/index.php?topic=3875.0 - BitMarket Square -
- http://www.bitmarketsquare.com
- http://en.bitcoin.it/wiki/BitMarket_Square - s3052’s Brief Technical Analysis:
http://bitcointalk.org/index.php?topic=1493.msg55217#msg55217
- “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
http://bitcointalk.org/index.php?topic=3846.0
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: http://bitcointalk.org/index.php?topic=3735.0
- 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.
http://bitcointalk.org/index.php?topic=2549.msg50859#msg50859
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:
- http://bitcointalk.org/index.php?topic=3704.msg52561#msg52561
- Integration and staging tree on Github: https://github.com/bitcoin/bitcoin - Mining-ready hard drives offered for sale:
http://bitcointalk.org/index.php?topic=3706.0
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 (http://www.bitcoinnews.com) Previous weekly summaries: http://www.bitcoinnews.com/archive (http://www.bitcoinnews.com/archive) Follow on Twitter: @BitcoinNews (http://twitter.com/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.
Title: Re: The Week In Bitcoin - Feb 21 through Feb 27, 2011.
Post by: Mike Hearn on February 22, 2011, 05:18:47 PM
Thanks for doing this. It's really good.
Title: Re: The Week In Bitcoin - Feb 21 through Feb 27, 2011.
Post by: Stephen Gornick on February 23, 2011, 02:20:20 PM
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 (http://www.bitcoinnews.com) Previous weekly summaries: http://www.bitcoinnews.com/archive (http://www.bitcoinnews.com/archive) Follow on Twitter: @BitcoinNews (http://twitter.com/bitcoinnews)
Title: Re: The Week In Bitcoin - Feb 21 through Feb 27, 2011.
Post by: Stephen Gornick on February 24, 2011, 08:46:26 AM
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: http://bitcointalk.org/index.php?topic=3735.0
- Project on Github: https://github.com/Fnordsoft/Bitcoin-Projects
Current week (updated throughout each day): http://www.bitcoinnews.com (http://www.bitcoinnews.com) Previous weekly summaries: http://www.bitcoinnews.com/archive (http://www.bitcoinnews.com/archive) Follow on Twitter: @BitcoinNews (http://twitter.com/bitcoinnews)
Title: Re: The Week In Bitcoin - Feb 21 through Feb 27, 2011.
Post by: Stephen Gornick on February 25, 2011, 09:35:31 AM
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
http://bitcointalk.org/index.php?topic=3846.0
Current week (updated throughout each day): http://www.bitcoinnews.com (http://www.bitcoinnews.com) Previous weekly summaries: http://www.bitcoinnews.com/archive (http://www.bitcoinnews.com/archive) Follow on Twitter: @BitcoinNews (http://twitter.com/bitcoinnews)
Title: Re: The Week In Bitcoin - Feb 21 through Feb 27, 2011.
Post by: Stephen Gornick on February 26, 2011, 09:30:14 AM
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
- http://bitcointalk.org/index.php?topic=3875.0 - BitMarket Square -
- http://www.bitmarketsquare.com
- http://en.bitcoin.it/wiki/BitMarket_Square - s3052’s Brief Technical Analysis:
http://bitcointalk.org/index.php?topic=1493.msg55217#msg55217
- “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 (http://www.bitcoinnews.com) Previous weekly summaries: http://www.bitcoinnews.com/archive (http://www.bitcoinnews.com/archive) Follow on Twitter: @BitcoinNews (http://twitter.com/bitcoinnews)
Title: Re: The Week In Bitcoin - Feb 21 through Feb 27, 2011.
Post by: Stephen Gornick on February 27, 2011, 08:50:07 AM
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://www.deepbit.net)
- http://j.mp/deepbit (http://j.mp/deepbit) - poclbm-gui GUI Frontend for poclbm python OpenCL bitcoin miner
http://github.com/Kiv/poclbm (http://github.com/Kiv/poclbm)
http://en.bitcoin.it/wiki/Poclbm-gui (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://1btchost.com)
- http://en.bitcoin.it/wiki/1BTCHost (http://en.bitcoin.it/wiki/1BTCHost)
CoinTumblr - Bitcoin mixnet, via Onion address / Tor.
- http://en.bitcoin.it/wiki/CoinTumblr (http://en.bitcoin.it/wiki/CoinTumblr) - Discuss: Upcoming feature for ClearCoin, refund to charity / mediator:
http://bitcointalk.org/index.php?topic=3903.0 (http://bitcointalk.org/index.php?topic=3903.0) - Blog post: BitcoinReport - Latest Bitcoin top 100 'Rich List':
http://bit.ly/emkNp9 (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/ezJmAv) http://bit.ly/ezdCml (http://bit.ly/ezdCml) http://bit.ly/fOvgRi (http://bit.ly/fOvgRi)
Current week (updated throughout each day): http://www.bitcoinnews.com (http://www.bitcoinnews.com) Previous weekly summaries: http://www.bitcoinnews.com/archive (http://www.bitcoinnews.com/archive) Follow on Twitter: @BitcoinNews (http://twitter.com/bitcoinnews)
Title: Re: The Week In Bitcoin - Feb 21 through Feb 27, 2011.
Post by: JesusTheCaffeine on February 28, 2011, 06:31:36 AM
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.
Title: Re: The Week In Bitcoin - Feb 21 through Feb 27, 2011.
Post by: Ricochet on February 28, 2011, 06:48:45 AM
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.
Title: Re: The Week In Bitcoin - Feb 21 through Feb 27, 2011.
Post by: Stephen Gornick on February 28, 2011, 08:43:10 AM
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 (http://www.bitcoinnews.com) Previous weekly summaries: http://www.bitcoinnews.com/archive (http://www.bitcoinnews.com/archive) Follow on Twitter: @BitcoinNews (http://twitter.com/bitcoinnews)
Title: Re: The Week In Bitcoin - Feb 21 through Feb 27, 2011.
Post by: Stephen Gornick on February 28, 2011, 08:53:55 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. 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 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.
http://c2995102.r2.cf0.rackcdn.com/junketBanner001.png (http://www.youtipit.org/en/tip.aspx?junketId=J2712&ext=1) http://www.djmick.co.uk/images/2010/12/funny-tip-jar-signs-3.jpg (http://www.youtipit.org/en/tip.aspx?junketId=J2712&ext=1) ;D
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