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Title: CNBC Releases Bitcoin Article Post by: swusc2 on July 20, 2011, 10:46:24 PM CNBC just released an article about Bitcoin. The read is pretty good compared to most other articles and is fairly comprehensive for a short piece.
http://www.cnbc.com/id/43823614 (http://www.cnbc.com/id/43823614) Title: Re: CNBC Releases Bitcoin Article Post by: Oldminer on July 20, 2011, 10:53:47 PM Fair article
Title: Re: CNBC Releases Bitcoin Article Post by: MKW2012 on July 20, 2011, 11:13:19 PM That was interesting article. They had an article last month about the Bitcoin crash.
Title: Re: CNBC Releases Bitcoin Article Post by: Jered Kenna (TradeHill) on July 20, 2011, 11:26:17 PM I don't agree with how most are reporting BTC going to near 0.
With the rollback and lack of actual trades happening the value didn't really go to 0. Other than that, and I imagine that's how history will remember it. This was a great article. Jered Title: Re: CNBC Releases Bitcoin Article Post by: error on July 20, 2011, 11:33:30 PM Very bullish piece overall. And in just the right place, too.
Title: Re: CNBC Releases Bitcoin Article Post by: KaptainBlaZzed on July 20, 2011, 11:44:31 PM good article, need to send it to a few people.
Title: Re: CNBC Releases Bitcoin Article Post by: Smalleyster on July 21, 2011, 12:07:54 AM As mentioned very well done. posted it to both FaceBook and Google+.
Title: Re: CNBC Releases Bitcoin Article Post by: wormbog on July 21, 2011, 12:58:49 AM Light on the technical details and mostly accurate. Overall a good piece for CNBC.
Title: Re: CNBC Releases Bitcoin Article Post by: Smalleyster on July 21, 2011, 01:10:10 AM Light on the technical details and mostly accurate. Overall a good piece for CNBC. The reason it was good is because it was light on the technical details which John and Jane Q Public will never be interested in. Title: Re: CNBC Releases Bitcoin Article Post by: Melbustus on July 21, 2011, 01:51:55 AM Light on the technical details and mostly accurate. Overall a good piece for CNBC. The reason it was good is because it was light on the technical details which John and Jane Q Public will never be interested in. Yes, these articles should indeed explain things simply (ie, without lots of technical detail). I wish, though, that they'd emphasize quickness of transactions, the fact that the fees are extremely low or non-existent, and micro-payments are fully practical. These articles always skim over what's truly cool (from an average person's perspective) about bitcoin! Title: Re: CNBC Releases Bitcoin Article Post by: shackleford on July 21, 2011, 02:27:40 AM "Given the currency's instability, that led to rapid inflation and the currency value peaked at nearly $28 on June 9."
??? "On June 19, Mt. Gox, the most popular bitcoin exchange, saw the value of the currency drop from $17 to nearly zero in just a few minutes after hackers gained access to an account with a large number of bitcoins, and sold them all off. The site suspended trading for six days, as it upgraded security and "rolled back" exchange prices to the pre-hack level. The hack and others like it underscore the problem with the unregulated nature of bitcoins." It would be nice if they compared it to the flash crash in the highly regulated stock markets a few years back.. "The FDIC doesn't guarantee virtual currencies. " HAHA Title: Re: CNBC Releases Bitcoin Article Post by: Kermee on July 21, 2011, 02:40:06 AM "The FDIC doesn't guarantee virtual currencies."
Damn. ;D Cheers, Kermee |