Dmytri Kleiner talks about The Telekommunist Manifesto

http://www.youtube.com/watch?v=112d45b03hM

http://www.computerworld.com/s/article/9238571/Largest_bitcoin_exchange_Mt._Gox_39_throttles_39_trading_to_tame_price_swings

"Mt. Gox has put in place elastic "throttles" that will allow some small trades but automatically limit the trades depending on the needs of its trading engine.."

If the exchanges became defunct for whatever reason (legal, attacks, etc), would price discovery still be possible just from the trade between bitcoin and goods and services?

As I see it, the intrinsic value of Bitcoin is its ability to store and transmit value securely. Therefore every time the Bitcoin infrastructure hits a problem  (from the blockchain forking to exchange hacks) and survives, its demonstrable value must increase too, no?

Anyone? Just very small amounts for starters

http://www.extremetech.com/extreme/136614-researchers-create-single-atom-silicon-based-quantum-computer

Death of Bitcoin?

A Swarm is a new kind of organization, made possible by available and affordable mass communication. Where it used to take hundreds of full-time employees to organize 100,000 people, today that can be done — and is done — by somebody in their spare time from their kitchen.

http://falkvinge.net/2011/08/01/swarmwise-what-is-a-swarm/

A new economy based on generosity, not hoarding.

Here's a podcast about it:

http://nabcommunities.com/2011/05/11/nab-communities-podcast-charles-eisenstein/

Interesting.

In a scenario where the USA puts up a national firewall preventing miners/clients in the USA connecting with miners/clients elsewhere, would the blockchain fork into a USA chain and a rest of the world chain? And if so, would my current bitcoins be spendable independently on both chains? And then what would happen when the firewall came down again?

'intrinsic value'

Why has the price been hanging around $17 for so long? Is there some market fundamentals I'm missing? Is 17 some significant occult number? is Mister Seventeen toying with us?

Here we go!

http://nerdr.com/bitcoin-laws-imminent-bit-coin-soon-to-be-illegal-in-us/

This week the US courts service (UScourts.gov) has shown increasing interest in Bitcoins.  Their research is ongoing but hastily scaling-up from where it was last week.

Seems we have new orders from the top.

The question then becomes, who’s first in the Bitcoin firing line?

Bitcoin Miners.
Bitcoin Exchanges.
Bitcoin Wallet Owners.
Bitcoin Commerce.

This must have been covered before, but I cant find where.

Even tho there isn't a direct causal relationship between mining costs and bitcoin price, there is a market relationship which ensures that mining costs do tend to correlate with bitcoin prices. Correct?

If so, does that mean that when Bitcoin takes over the world and bitcoin prices increase a million fold, mining power will increase from the current 5MW to 5TW?

Dutch Royal Mint has made what appears to be world’s first coin to feature the Quick Response (QR) Code, a matrix of black and white squares, which can be scanned by a mobile phone camera and recognized by an app.

http://rt.com/news/netherlands-mint-scannable-coin/

http://bitcoincharts.com/markets/britcoinGBP.html

Is this correct info?

People may hate me for this, especially at this time, but my intentions are good so...

One of the scams that big holders of gold and other money constantly pull is fractional reserve banking. Because of this, bank runs (i.e. taking back what's rightfully yours) can cause a problem. One of the great things about Bitcoin is how easy it is to transfer bitcoins quickly. Thus, it should be possible to test the integrity of any bank's, or exchange's, bitcoin reserves by everyone quickly transferring bitcoins out then back in to an exchange.

Alas, I just realized that big withdrawals are prohibited for security reasons. Hmmm. I'll post this anyway, in case it sparks off some other ideas along the same lines.

http://www.youtube.com/watch?v=yV3W02Pf8_o

Am I the only one here thinking that the MtGox hack is actually good for Bitcoin?

The very fact that it's holding its value after something like this, having apparently plummeted down to $0.01, indicates to me that people do subjectively see 'intrinsic' value in Bitcoin, and it has resilience. One of the biggest fears I've seen is that it's purely built on 'nothing' it's like a house of cards that can come crashing down at any moment. Well now, in its first big month out in the wild, it's been through two crises and still it bounces back. There's definitely something substantial there. I really do think that every time it gets hit and bounces back, it proves its resilience and ultimately, after the FUD has cleared, will find itself in a stronger position.

Did Mt.Gox leak my details? Check here:

http://mtgoxcheck.heroku.com/

http://www.youtube.com/watch?v=T1X6qQt9ONg