Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Littleshop on November 23, 2011, 09:56:39 PM



Title: Wired article on Bitcoin : The Rise and Fall of Bitcoin
Post by: Littleshop on November 23, 2011, 09:56:39 PM
Quite interesting:

http://www.wired.com/magazine/2011/11/mf_bitcoin/all/1


Title: Re: Wired article on Bitcoin : The Rise and Fall of Bitcoin
Post by: Littleshop on November 23, 2011, 10:08:47 PM
Not a bad article, the most negative part is the title.  Seems pretty factual and avoids most sensationalism.  I wish it was on the front page of Wired though.


Title: Re: Wired article on Bitcoin : The Rise and Fall of Bitcoin
Post by: Gavin Andresen on November 23, 2011, 10:16:29 PM
Good, accurate article.

I'm still not Satoshi, though.


Title: Re: Wired article on Bitcoin : The Rise and Fall of Bitcoin
Post by: johnj on November 23, 2011, 10:17:07 PM
Good, accurate article.

I'm still not Satoshi, though.


Nice try, Satoshi!


Title: Re: Wired article on Bitcoin : The Rise and Fall of Bitcoin
Post by: adamstgBit on November 24, 2011, 12:48:23 AM
this image is labeled:

Key moments in the short and volatile life of bitcoin.

http://www.wired.com/magazine/wp-content/images/19-12/mf_bitcoin6b_f.jpg

That's it guys, bitcoin is over...
Its been a fun ride.
take-care




 ;)


Title: Re: Wired article on Bitcoin : The Rise and Fall of Bitcoin
Post by: Atheros on November 24, 2011, 04:43:46 AM
At least they're no longer saying that 'Bitcoin has been hacked' in reference to MtGox being hacked.


Title: Re: Wired article on Bitcoin : The Rise and Fall of Bitcoin
Post by: ineededausername on November 24, 2011, 04:48:10 AM
When Bitcoiners get interviewed, we should try to correct common misconceptions as well as answer the interviewer's questions. 


Title: Re: Wired article on Bitcoin : The Rise and Fall of Bitcoin
Post by: btc_artist on November 24, 2011, 04:48:30 AM
Good read.


Title: Re: Wired article on Bitcoin : The Rise and Fall of Bitcoin
Post by: finway on November 24, 2011, 05:10:38 AM
Hm, WIRED, this is huge.

and Dan Kaminsky is sitting on the comments:  ;D seems he know who Satoshi is .


quote:

Ken Simpson

I'm siding with Dan Kaminsky. There's little question that Nakamoto is not from Japan, and is not one person. Someone put this thing together and made a killing - probably far more than they had hoped.

However, unlike real Ponzi schemes, Bitcoin actually does useful things - for folks who need to move money around surreptitiously. I think it has a modest future in the medium term as a way of paying people in developing countries for out-sourcing work, where banking systems are not necessarily well established for low cost international payments.

Thus the only "fall" has been the fall of the USD-BTC exchange rate. And that doesn't matter much if your only concern is paying a Chinese developer to craft you up a new WordPress theme.


Title: Re: Wired article on Bitcoin : The Rise and Fall of Bitcoin
Post by: Littleshop on November 24, 2011, 05:25:25 AM
Yes.  It is in the December print edition.  It is not easily found on the front page of wired.com right now though.


Title: Re: Wired article on Bitcoin : The Rise and Fall of Bitcoin
Post by: cbeast on November 24, 2011, 10:40:12 AM
Someone put this thing together and made a killing - probably far more than they had hoped... However, unlike real Ponzi schemes, Bitcoin actually does useful things


That's pretty much how I feel about MS and Apple.