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Bitcoin => Bitcoin Discussion => Topic started by: Stephen Gornick on March 15, 2011, 04:08:12 PM



Title: The Week In Bitcoin - Mar 14 through Mar 20, 2011
Post by: Stephen Gornick on March 15, 2011, 04:08:12 PM
The Week In Bitcoin - Mar 14 through Mar 20, 2011.

Sunday Mar 20th, 2011

  • Press: Open source identity: Bitcoin technical lead Gavin Andresen - CIO Australia
    ”Disparate group of developers take on the established financial system”
    “The goal is to grow the Bitcoin economy so it is large enough you don’t have any exchange rate dilemma – you can buy the products and services you need using Bitcoins that you earn by providing products and services that others need.”
    http://www.cio.com.au/article/380394
  • Article: Thoughts on The Future of Money, by @webisteme
    “Suspicious of government, and equipped with the technical known how to dodge its influence, these hackers have collaboratively developed bitcoin to the point where it now stands as a viable internet currency.”
    http://www.webisteme.com/blog/?p=60


Saturday Mar 19th, 2011

  • Creator of the Liberty Dollar, Bernard Von Nothaus convicted.
    “Liberty coins were marked with the dollar sign ($); the words dollar, USA, Liberty, Trust in God (instead of In God We Trust); and other features associated with legitimate U.S. coinage.”
    “Attempts to undermine the legitimate currency of this country are simply a unique form of domestic terrorism” - US Att. Tompkins
    http://charlotte.fbi.gov/dojpressrel/pressrel11/ce031811.htm


Friday Mar 18th, 2011

  • Bounty offer: Sha256 compute shader using 100% open source video drivers on Linux.
    Approach is to load a compiled binary object from ATI’s SDK into Linux/OSS driver and execute.
    Currently at 300 BTC bounty reward, however target is 1,000 BTC.
    http://bitcointalk.org/index.php?topic=4618.0
  • Payments: Visa to roll out P2P payment network for credit cards.
    Allows one person to send money from a bank account directly to another person’s Visa credit card account (or debit card, or prepaid debit card).
    Bank-related part of transaction handled by CashEdge’s PopMoney and ZashPay.
    MSN Money article: http://on-msn.com/hIYa1D
    http://bitcointalk.org/index.php?topic=3233.msg67776#msg67776
  • New sites and other content:
    Podcast: Bitcoin – a Digital, Decentralized Currency, - omega tau
    Bitcoin technical lead Gavin Andresen is interviewed.
    http://bit.ly/g52Xap


Thursday Mar 17th, 2011

  • s3052’s Technical Analysis:
    Longterm: RALLY.
    Short-term: Poised to test and potentially break down below $0.80.
    http://www.forexfactory.com/showthread.php?p=4480537#post4480537
  • 1 BTC = $0.84 USD, Size: 5.70M BTC, Last 24h: 0.17M BTC in 3.1K trx, Difficulty: 76.2K, Forum posts/day: 535, Nodes: 1.4K
    http://bit.ly/fvyBYU
  • New sites and other content:
    Blog Entry: What the Frack is Bitcoin and Can I Use it with Drupal? - CivicActions
    http://bit.ly/er9iQ9


Wednesday Mar 16th, 2011

  • New sites and other content:
    Article: What is this beast, Bitcoin? MoneyNews Russia
    (the title was probably mangled by Google translate.)
    http://moneynews.ru/AuthorsArticle/14902


Tuesday Mar 15th, 2011

  • Meetups:
    Barcelona, Spain, Thursday, March 17th
    - Bitcoin Users and Developers Meetup & Bruce Wagner European Tour
    - http://www.meetup.com/bitcoin/events/16907703
    Geneva Switzerland, Saturday, March 19th
    - The Bitcoin Animated Movie will premiere at the event:
    - http://bitcointalk.org/index.php?topic=3216.msg45133#msg45133
    Amsterdam, Netherlands, April 4 - 6th.
    - http://bitcointalk.org/index.php?topic=3216.msg65690#msg65690
    Los Angeles, CA, USA [forming]
    - http://www.meetup.com/Los-Angeles-Digital-Currency-Innovators-Group
    Washington, DC, USA, April 4, 2011
    - http://www.meetup.com/BitcoinDC/events/wjmbqypgbgb
  • jgarzik’s CPUMiner v0.7.2 released.
    Includes sse2 implementation from ufasoft for faster mining on Intel.
    http://www.bitcoinminer.com/post/3895963752
  • Alert: Service failure by CoinTumblr.
    Reports filed on the forum describe amounts sent to the mixing service, CoinTumblr, not being remitted.
    http://bitcointalk.org/index.php?topic=4476.0
  • New sites and other content:
    MineThings - a browser-based MMO.  Bitcoins accepted to purchase in-game currency.
    - http://www.minethings.com
    - http://bitcointalk.org/index.php?topic=30.msg65850#msg65850
    Blog post: Bitcoin, The currency of the future?  in Aussie Anarchy
    - “Like most untested ideas most people will be wary using them in any large capacity, especially ideas that people don’t see a real need for and/or find it complicated.”
    - http://aussieanarchy.com/2011/03/bitcoin-the-currency-of-the-future/


Monday Mar 14th, 2011

  • Miner updates:
    - poclbm-gui for m0mchil’s OpenCL miner updated
    - Ufasoft’s miner gets OpenCL support
    http://www.bitcoinminer.com/post/3863859696
  • Bitcoin Economy Snapshot:
    1 BTC = $0.89 USD, Size: 5.68M BTC, Last 24h: 0.21M BTC in 2.7K trx, Difficulty: 76.2K, Forum posts/day: 319, Nodes: 1.5K.
    http://bit.ly/hnglAA
  • s3052’s Technical Analysis:
    - “As forecasted, prices have indeed broken out of the big triangle that formed.”
    Short Term:
    - The break […] has opened up potential to reach $0.95, $1.00 and then $1.10.
    - A break down below 0.8 $ will likely lead to a decline towards $0.40 - $0.50.
    http://www.forexfactory.com/showthread.php?p=4470542
  • Bitcoin-OTC Order Book - new feature, Filter on notes.
    This provides the ability to further filter orders for more specific criteria.
    For example:
    - Buy and Sell Orders for USD currency traded using Dwolla http://bit.ly/hdMZyH
    - Buy and Sell Orders anywhere traded using Cash http://bit.ly/gF7dny
    Full order book: http://bitcoin-otc.com/vieworderbook.php


Got a news tip, suggestion or comment?
  http://www.bitcoinnews.com/submit (http://www.bitcoinnews.com/submit)

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 - Mar 14 through Mar 20, 2011
Post by: Stephen Gornick on March 16, 2011, 10:13:34 AM
Re: The Week In Bitcoin - Mar 14 through Mar 20, 2011


Tuesday Mar 15th, 2011

  • Meetups:
    Barcelona, Spain, Thursday, March 17th
    - Bitcoin Users and Developers Meetup & Bruce Wagner European Tour
    - http://www.meetup.com/bitcoin/events/16907703
    Geneva Switzerland, Saturday, March 19th
    - The Bitcoin Animated Movie will premiere at the event:
    - http://bitcointalk.org/index.php?topic=3216.msg45133#msg45133
    Amsterdam, Netherlands, April 4 - 6th.
    - http://bitcointalk.org/index.php?topic=3216.msg65690#msg65690
    Los Angeles, CA, USA [forming]
    - http://www.meetup.com/Los-Angeles-Digital-Currency-Innovators-Group
    Washington, DC, USA, April 4, 2011
    - http://www.meetup.com/BitcoinDC/events/wjmbqypgbgb
  • jgarzik’s CPUMiner v0.7.2 released.
    Includes sse2 implementation from ufasoft for faster mining on Intel.
    http://www.bitcoinminer.com/post/3895963752
  • Alert: Service failure by CoinTumblr.
    Reports filed on the forum describe amounts sent to the mixing service, CoinTumblr, not being remitted.
    http://bitcointalk.org/index.php?topic=4476.0
  • New sites and other content:
    MineThings - a browser-based MMO.  Bitcoins accepted to purchase in-game currency.
    - http://www.minethings.com
    - http://bitcointalk.org/index.php?topic=30.msg65850#msg65850
    Blog post: Bitcoin, The currency of the future?  in Aussie Anarchy
    - “Like most untested ideas most people will be wary using them in any large capacity, especially ideas that people don’t see a real need for and/or find it complicated.”
    - http://aussieanarchy.com/2011/03/bitcoin-the-currency-of-the-future/



Got a news tip, suggestion or comment?
  http://www.bitcoinnews.com/submit (http://www.bitcoinnews.com/submit)

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 - Mar 14 through Mar 20, 2011
Post by: Stephen Gornick on March 18, 2011, 09:27:35 PM
Re: The Week In Bitcoin - Mar 14 through Mar 20, 2011


Thursday Mar 17th, 2011

  • s3052’s Technical Analysis:
    Longterm: RALLY.
    Short-term: Poised to test and potentially break down below $0.80.
    http://www.forexfactory.com/showthread.php?p=4480537#post4480537
  • 1 BTC = $0.84 USD, Size: 5.70M BTC, Last 24h: 0.17M BTC in 3.1K trx, Difficulty: 76.2K, Forum posts/day: 535, Nodes: 1.4K
    http://bit.ly/fvyBYU
  • New sites and other content:
    Blog Entry: What the Frack is Bitcoin and Can I Use it with Drupal? - CivicActions
    http://bit.ly/er9iQ9


Wednesday Mar 16th, 2011

  • New sites and other content:
    Article: What is this beast, Bitcoin? MoneyNews Russia
    (the title was probably mangled by Google translate.)
    http://moneynews.ru/AuthorsArticle/14902


Got a news tip, suggestion or comment?
  http://www.bitcoinnews.com/submit (http://www.bitcoinnews.com/submit)

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 - Mar 14 through Mar 20, 2011
Post by: Stephen Gornick on March 19, 2011, 09:20:23 PM
Re: The Week In Bitcoin - Mar 14 through Mar 20, 2011


Friday Mar 18th, 2011

  • Bounty offer: Sha256 compute shader using 100% open source video drivers on Linux.
    Approach is to load a compiled binary object from ATI’s SDK into Linux/OSS driver and execute.
    Currently at 300 BTC bounty reward, however target is 1,000 BTC.
    http://bitcointalk.org/index.php?topic=4618.0
  • Payments: Visa to roll out P2P payment network for credit cards.
    Allows one person to send money from a bank account directly to another person’s Visa credit card account (or debit card, or prepaid debit card).
    Bank-related part of transaction handled by CashEdge’s PopMoney and ZashPay.
    MSN Money article: http://on-msn.com/hIYa1D
    http://bitcointalk.org/index.php?topic=3233.msg67776#msg67776
  • New sites and other content:
    Podcast: Bitcoin – a Digital, Decentralized Currency, - omega tau
    Bitcoin technical lead Gavin Andresen is interviewed.
    http://bit.ly/g52Xap


Got a news tip, suggestion or comment?
  http://www.bitcoinnews.com/submit (http://www.bitcoinnews.com/submit)

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 - Mar 14 through Mar 20, 2011
Post by: Stephen Gornick on March 21, 2011, 01:58:27 PM
Re: The Week In Bitcoin - Mar 14 through Mar 20, 2011

Sunday Mar 20th, 2011

  • Press: Open source identity: Bitcoin technical lead Gavin Andresen - CIO Australia
    ”Disparate group of developers take on the established financial system”
    “The goal is to grow the Bitcoin economy so it is large enough you don’t have any exchange rate dilemma – you can buy the products and services you need using Bitcoins that you earn by providing products and services that others need.”
    http://www.cio.com.au/article/380394
  • Article: Thoughts on The Future of Money, by @webisteme
    “Suspicious of government, and equipped with the technical known how to dodge its influence, these hackers have collaboratively developed bitcoin to the point where it now stands as a viable internet currency.”
    http://www.webisteme.com/blog/?p=60


Saturday Mar 19th, 2011

  • Creator of the Liberty Dollar, Bernard Von Nothaus convicted.
    “Liberty coins were marked with the dollar sign ($); the words dollar, USA, Liberty, Trust in God (instead of In God We Trust); and other features associated with legitimate U.S. coinage.”
    “Attempts to undermine the legitimate currency of this country are simply a unique form of domestic terrorism” - US Att. Tompkins
    http://charlotte.fbi.gov/dojpressrel/pressrel11/ce031811.htm



Got a news tip, suggestion or comment?
  http://www.bitcoinnews.com/submit (http://www.bitcoinnews.com/submit)

Current Day (updated throughout each day):
  http://www.bitcoinnews.com (http://www.bitcoinnews.com)

Previous entries:
  http://www.bitcoinnews.com/archive (http://www.bitcoinnews.com/archive)  Follow on Twitter: @BitcoinNews (http://twitter.com/bitcoinnews)