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Title: 2012-06-08 Arstechnica.com - Bitcoin as the Net's Wild West Post by: proudhon on June 08, 2012, 01:42:51 PM Linky. (http://arstechnica.com/business/2012/06/porn-gambling-and-malware-bitcoin-as-the-nets-wild-west/)
Quote On June 8, 2011, the same day Ars Technica ran its first story about Bitcoin, the peer-to-peer digital currency's value jumped to an all-time high of $32. Bitcoins had been worth less than $1 just two months earlier, and that day proved to be the peak of the bubble. The value of a Bitcoin fell below $20 within a week, and by November it had fallen to $2. But since it hit bottom late last year, the cryptocurrency has defied skeptics (including me) who predicted it would prove to be a passing fad. The currency regained some of its lost value, and the price has become much more stable in recent months. In the last three months, the value of a Bitcoin fluctuated in a narrow band from $4.50 to $5.50. As this is being written, the currency has just hit a 3-month high of $5.60. ... Title: Re: 2012-06-08 Arstechnica.com - Bitcoin as the Net's Wild West Post by: Piper67 on June 08, 2012, 02:21:33 PM GASP! Arstechnica about face?
Title: Re: 2012-06-08 Arstechnica.com - Bitcoin as the Net's Wild West Post by: Stephen Gornick on June 08, 2012, 06:33:16 PM Quote Future Bitcoin clients will support multisignature transactions, in which a user's private key is split up among multiple devices. With this feature enabled, compromising any single device won't allow an attacker to spend the Bitcoins in a user's wallet. That's an inaccurate description of what multisignature does, but great to see the purpose of multisignature be described to a wider audience from this article. Title: Re: 2012-06-08 Arstechnica.com - Bitcoin as the Net's Wild West Post by: Technomage on June 08, 2012, 07:36:37 PM This is a great article. It's definitely the most positive Bitcoin article from Ars Technica so far. The tide is changing.
Title: Re: 2012-06-08 Arstechnica.com - Bitcoin as the Net's Wild West Post by: bulanula on June 09, 2012, 12:14:04 AM Disclosures: The author owns some Bitcoins.
Typical pump and dump ? ;) Title: Re: 2012-06-08 Arstechnica.com - Bitcoin as the Net's Wild West Post by: proudhon on June 09, 2012, 12:56:15 AM Disclosures: The author owns some Bitcoins. Typical pump and dump ? ;) He's a little late on the pump. Maybe he's trying to keep the price up while he dumps. Title: Re: 2012-06-08 Arstechnica.com - Bitcoin as the Net's Wild West Post by: TehZomB on June 09, 2012, 02:33:36 AM Quote Then there's "Girls Gone Bitcoin." In this reddit subforum Reddit is offended. |