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1  Bitcoin / Hardware / Butterfly Labs finally ship their first batch of Jalapenos on: April 23, 2013, 01:09:48 PM

My order number for Jalapeno is 14852 not sure when I will be able to touch my hand on it. Also 3 Single SCs ordered few weeks after the Jalapenos.
2  Other / Beginners & Help / I lost $50,000 in Bitcoin crash, but I’m still a believer on: April 19, 2013, 09:46:09 AM

Good experience to read through
3  Bitcoin / Bitcoin Discussion / Bitcoin as Zimbabwe's official currency + Prince of Sealand interest in bitcoin on: April 17, 2013, 07:51:53 AM

News about new official currency for Zimbabwe sounds very interesting but not much information provided yet. If you know anything more, please comment.
4  Economy / Service Discussion / IG Offers Clients the Opportunity to Deal on Bitcoin on: April 16, 2013, 03:18:57 PM


Happy trading and profiting
5  Other / Beginners & Help / Good article for Bitcoin newbies - Everything you need to know about BTC on: April 16, 2013, 02:43:28 PM

6  Other / Beginners & Help / Using Bitcoins on the Murky Silk Road on: April 12, 2013, 08:58:23 AM
Read more here:

What do you do if you want your illegal substance of choice home delivered quickly and cheaply? With the digital age there are hidden nooks on the Internet that make it simpler and more anonymous to buy and sell drugs. The old way was to ask a friend of a friend that knew where to get some ‘stuff’. You would be whisked away with promises of ‘the best’ while being subtly reminded that they are helping you and it would only be fair if you shared just a little bit. A drive to a dilapidated house in a dilapidated suburb where you meet ‘the man’ who is barely conscious of what decade it is. Yes, fun times, why use an impersonal website when you can go to a house full of people growing, manufacturing or cutting enough drugs to earn a visit from the DEA and they have premium security allowing you and your new best friend to just walk on in. I am much happier clicking on what I want and getting a delivery sent to a friend’s business under an anonymous made up name. While there are many marijuana seed suppliers that will send the product to you getting the actual drug or many of the other recreational drugs available is not something that you want to do on an open internet web site. This is where a site called Silk Road, which is not as hidden as it once was, becomes an ideal way to do a deal, straight from your computer. Silk Road has had a lot of unwelcome publicity and a US Senator named it as a “one stop shop for you illegal drug needs”. Surprisingly, the Senator is correct once you have logged onto Silk Road you are in the Amazon of illicit substances with different sellers offering products that vary in cost and potency. As with its book selling sales machine customers can rate their experience which gives you a good idea if they are reliable or not. Some of the sellers have a lot of products and a lot of happy customers so this not just a hobby for at least some of the people that are providing these services. There are two ways that Silk Road protects itself, its sellers and its buyers from prosecution by the world police forces. They use the Tor system, which anonymously connects you to the internet via an encrypted network of servers and the use of Bitcoins to make the tracing of transaction almost impossible. This is truly a total separate internet that has some darker edges and is hidden from most people that use the internet every day.

Read more here:
7  Economy / Marketplace / BOTDICE online simulator – Satoshidice progression strategy for up to 100k bets on: April 12, 2013, 08:56:16 AM

A Satoshidice simulator, where you can test various betting strategies for up to 100.000 bets (100 sessions 1000 rounds each).

Satoshi Dice is a bitcoin game where a random lucky number between 0 and 65535 (both inclusive) is drawn. If the lucky number is smaller than your Game type, you win a predefined percentage.

Gamble Satoshi on Botdice without losing your precious bitcoins. Stay tuned for more cool features.
8  Other / Beginners & Help / Interview with Amagi Metals’ Stephen Macaskill on: April 11, 2013, 12:19:55 PM
Initially, Amagi Metals had joined the Bitcoin community with little fanfare. When four-year-old company first started accepting payments in Bitcoin in December 2012, it made no attempt to advertise the fact; indeed, the first time that the company received any significant attention from the Bitcoin community at all was when a visitor stumbled upon the site and created a Reddit forum thread in January. Even after that, for the first three months the Bitcoin option saw little usage, and after the forum thread came and went most of the Bitcoin world did not know that the company even existed.

Read more here

Note: The price is still low due to panic sale as mt.gox experiences overloading issue. Time to buy before price catching up again at $200+
9  Economy / Service Discussion / IGMarket provides trades for Bitcoin on: April 09, 2013, 12:22:51 PM
IGMarket is a leading financial company specialises in CFD trading, provides 4 options for traders to bet on the future exchange rate of bitcoin vs USD. See screenshot for more information. This opens a new way to invest on Bitcoin. Currently you can purchase bitcoin from bitcoin exchange such as mt.gox or btc-e or mine bitcoin using computer, graphical cards or ASIC mining devices.

The price has surpassed $200 and there is no sign of stopping. The trend attracts large amount of amateur and professional investors and the daily trading volume exceeds 100 000 BTC on mt.gox exchange.
10  Other / Off-topic / Most expensive bitcoin ever sold in history (£50 for 1 bitcoin satoshi) on: April 08, 2013, 04:39:16 PM

2 people have paid for 1 bitcoin satoshi (0.00000001 BTC) for £20 ($30) and £50 ($75) so far.

Do you think this is stupid. Some people know nothing about bitcoin.
11  Bitcoin / Hardware / GX Mining Ltd announced the launch of their GX-100 a 100 GH/s ASIC Bitcoin miner on: April 08, 2013, 08:54:11 AM

Can anyone confirm this is not scam? This is a UK company I think.
12  Economy / Economics / Why venture capitalists love the bitcoin market on: April 06, 2013, 01:29:55 PM

As a VC, my interest in the Bitcoin ecosystem is not ideological but mercenary. I see the opportunity for Bitcoin to disrupt multi-billion-dollar markets, but in doing so also create new big markets. There are three key markets in Bitcoin:

Wallet. Holding your Bitcoins for you, serving some of the checking account functions of a bank.

Exchange. Converting from USD to Bitcoins and back.

Payments. Helping merchants accept Bitcoins for their transactions.

As a rule of thumb, VCs like to see billion-dollar markets to get excited. How can each of these markets get to be a billion dollars in size?

Read more here
13  Other / Off-topic / Super Mario Bros explans what bitcoin is in a short video ;) on: April 06, 2013, 01:26:17 PM
14  Other / Beginners & Help / [Tutorial] New cheapest way to buy Bitcoin if you are in the UK on: April 05, 2013, 04:10:29 PM
I have received several emails asking how to purchase bitcoin from UK since blockchain stopped their bank transfer service, mtGox disabled GBP deposit and also Intersango.

Here is step by step how to do so
15  Bitcoin / Bitcoin Discussion / Reddit user said he spent all his retirement and saving to buy bitcoin since $25 on: April 05, 2013, 03:17:41 PM

I wish I did the same 2 months ago...
16  Other / Beginners & Help / Interview: Hack Proves Bitcoin More Secure Than The Wallet That Holds It on: April 05, 2013, 11:53:24 AM
View the video here:

Bitcoin's are making a splash in the market, but are they a safe investment? Joining us now to provide his breaking analysis on the state of this cyber-currency is SiliconANGLE Founding Editor Mark "Rizzn" Hopkins.

Earlier this week the Bitcoin wallet company Instawallet has suspended its service "indefinitely" after falling victim to a hack. Can you briefly explain what Instawallet did and how the site was compromised?

What will happen to Bitcoin holders who had their funds in Instawallet?

Following the Instawallet shut-down, Tokyo-based Mt. Gox, the world's largest Bitcoin exchange, says it's been hit by a major DDoS attack that's causing lengthy trading lags, 502 errors, and in some cases, preventing people from logging into their accounts. Mark, why do you think Bitcoin has been targeted recently?

Mark Tuesday, we spoke with you on Bitcoin and we briefly touched on the pros and cons of such an investment. Michael Pento, a CNBC investment analyst, warned his viewers of "significant inherent dangers" to using Bitcoin. Pento's definition for money is that it must have four elements: it must be rare, indestructible, divisible without losing purchasing power, and cannot be increased by fiat. He said that Bitcoin fails on the first two points. Given these latest developments would you say he was right in his assessment of Bitcoin?

Many investors have been leary of Bitcoin due to security concerns, the Instawallet attack is proof that this type of investment faces the dangers of the internet. Tuesday the value of Bitcoin was $100 per coin and yesterday it reached as high as $145, however now the price reportedly sits below $117. Do you think this scare is the end of the Bitcoin bubble?
17  Other / Off-topic / Are you a victim of Bitcoin miner bot? on: April 05, 2013, 08:52:08 AM
With the incredible rise of Bitcoin price, hackers jump into the game and turn PC, laptop into miner slave.

in the bottom of the article, there is a link to sale page of Bitcoin miner bot. Not sure if someone here can build a botnet of bitcoin miner slaves?

Imagine you have 1000 slaves in the network and each only run on CPU at 5MH/s ....

18  Economy / Service Discussion / MtGox announcement on DDoS attack on: April 04, 2013, 08:53:45 AM
You might or might not read this.

19  Bitcoin / Bitcoin Discussion / Four Reasons You Shouldn't Buy Bitcoins on: April 03, 2013, 08:36:42 AM
Discussion of Bitcoin is divided into two camps. People who understand the currency well tend to be enthusiastic boosters. Conversely, Bitcoin critics tend not to understand the currency very well. As a consequence, their criticisms tend to be superficial, misguided, or just plain wrong.

That’s unfortunate because Bitcoin does have some real weaknesses. The lack of knowledgeable critics has created an echo chamber effect that I worry may produce (or may have already produced) a bubble. I’m generally a Bitcoin fan (and, full disclosure, I own some Bitcoins), but in the interest of balance, here are four reasons you should think twice before buying Bitcoins.

Read more here...

20  Economy / Economics / Are Bitcoins Killing Gold's Price? on: April 02, 2013, 09:38:36 AM
Not sure if you have read this:
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