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Title: 2013-02-28 Slashdot: Bitcoin hits new all-time high of 32 Post by: payb.tc on February 28, 2013, 09:42:47 PM http://slashdot.org/story/13/02/28/1958208/bitcoin-hits-new-all-time-high-of-32
Quote "Bitcoin tops its previous all-time high of $31.91 and in doing so it proves to be quite a resilient virtual currency. To the supporters of Bitcoin this does not come as a surprise, since we have seen the likes of WordPress, Reddit and Mega embrace it. Recently Namecheap also confirmed that they will start accepting bitcoins. The new record price was reached on the same day that Mt. Gox, the world's largest Bitcoin exchange, reached an agreement with CoinLab to manage the exchange's operations in the U.S. and Canada." Title: Re: 2013-02-28 Slashdot: Bitcoin hits new all-time high of 32 Post by: Luno on February 28, 2013, 09:48:18 PM And the comments are so /.'ish!
Title: Re: 2013-02-28 Slashdot: Bitcoin hits new all-time high of 32 Post by: Technomage on February 28, 2013, 10:17:01 PM This was posted by yours truly. I've submitted a Bitcoin related post 5 times, 3 of them have made it to the front page. :)
Title: Re: 2013-02-28 Slashdot: Bitcoin hits new all-time high of 32 Post by: Mike Christ on February 28, 2013, 10:21:40 PM Naysayers gonna say nay 8)
Title: Re: 2013-02-28 Slashdot: Bitcoin hits new all-time high of 32 Post by: nobbynobbynoob on February 28, 2013, 10:24:28 PM Let's not be critical of Slashdot, they made Bitcoin "famous" to begin with. :)
Title: Re: 2013-02-28 Slashdot: Bitcoin hits new all-time high of 32 Post by: 21after2 on February 28, 2013, 10:31:02 PM Just posted today and it's already out-of-date, lol! $33.49 according to my client... who'd have thunk it? Other than, of course, the entire Bitcoin community. :)
Title: Re: 2013-02-28 Slashdot: Bitcoin hits new all-time high of 32 Post by: TraderTimm on February 28, 2013, 10:37:51 PM I doubt I'll get voted up as a "Anonymous Coward" - but here's my reply:
====================================================== Valuation of bitcoin, or BTC, in other sovereign currencies isn't the point here - neither is 'cashing out' or any of that nonsense. The end-game here is to supplant and possibly replace sovereign currencies entirely. It may seem overly ambitious, but from all the financial scandals and other daily scams that are perpetuated by the banking and financial industry - people are getting *sick* of how the current system operates. Edge exchanges will dominate for a while, but as things change, and end-to-end supply chains form that are BTC denominated, the conversion demand will change and people will be able to keep their entire activity within the BTC realm. This is important, because then true monetary freedom has been achieved. Nobody telling you what you can spend your money on, or stipulations as minimum balances or hours of operation. This is the biggest revolution in finance taking place right in front of you, and most commenters here dismiss it out-of-hand. Title: Re: 2013-02-28 Slashdot: Bitcoin hits new all-time high of 32 Post by: payb.tc on March 01, 2013, 12:10:53 AM meanwhile, this stupid got up-voted:
Quote Right now the problem is the increasing value of a bitcoin - at $30 each, 1 bitcoin is seriously going to overpay for a lot - I mean, if 1 bitcoin buys you a 2 year domain registration, that's about 50% more than what it would cost regularly. Or say I ran a store offering 10 music tracks per bitcoin or 2 albums. Now with it going higher, it would mean having to let customers overpay, or give them stuff they don't want (e.g., 25 tracks, or 2 albums + 5 tracks), which if you only want ONE song, is kind of annoying. to misquote john lennon: 1 is the smallest number that he's ever seen Title: Re: 2013-02-28 Slashdot: Bitcoin hits new all-time high of 32 Post by: TraderTimm on March 01, 2013, 12:28:41 AM Oops, I mis-spoke -- it got upvoted to "3, Interesting"!
I'm nerd-famous, woo... Title: Re: 2013-02-28 Slashdot: Bitcoin hits new all-time high of 32 Post by: imanikin on March 01, 2013, 03:25:23 AM Let's not be critical of Slashdot, they made Bitcoin "famous" to begin with. :) That's why there will probably be more anti-B astroturf than anywhere else. I don't know why you guys even bother wasting time interacting with trolls and astroturfers in such places, unless it's just fun for you. :)Title: Re: 2013-02-28 Slashdot: Bitcoin hits new all-time high of 32 Post by: marcus_of_augustus on March 01, 2013, 11:39:25 AM meanwhile, this stupid got up-voted: Quote Right now the problem is the increasing value of a bitcoin - at $30 each, 1 bitcoin is seriously going to overpay for a lot - I mean, if 1 bitcoin buys you a 2 year domain registration, that's about 50% more than what it would cost regularly. Or say I ran a store offering 10 music tracks per bitcoin or 2 albums. Now with it going higher, it would mean having to let customers overpay, or give them stuff they don't want (e.g., 25 tracks, or 2 albums + 5 tracks), which if you only want ONE song, is kind of annoying. to misquote john lennon: 1 is the smallest number that he's ever seen This is just hilarious ... it really goes to show that big numbers can explode small minds! Title: Re: 2013-02-28 Slashdot: Bitcoin hits new all-time high of 32 Post by: Atruk on March 01, 2013, 11:50:24 AM Let's not be critical of Slashdot, they made Bitcoin "famous" to begin with. :) That's why there will probably be more anti-B astroturf than anywhere else. I don't know why you guys even bother wasting time interacting with trolls and astroturfers in such places, unless it's just fun for you. :)/. is only the worst place on the internet if you forget every other place... Thank chance I had mod points to burn on that post. Title: Re: 2013-02-28 Slashdot: Bitcoin hits new all-time high of 32 Post by: Technomage on March 01, 2013, 01:35:14 PM I have to say this: Excellent work guys! Some people in the Bitcoin community really stood up to the trolls this time. I read through all the enlarged comments and they were pretty good on average. Much better than on the other recent Bitcoin submissions.
The work some of you put to the comments DOES matter. Most people only read either the submission itself (which was good;) or the highlighted comments as well. This time the comments weren't all that bad. Good work. Title: Re: 2013-02-28 Slashdot: Bitcoin hits new all-time high of 32 Post by: epetroel on March 01, 2013, 04:08:21 PM I could never figure out why the slashdot crowd seems so hostile on Bitcoin.
Was good to see another Bitcoin article there though (was in there moderating up some good posts yesterday) |