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on: February 28, 2014, 04:53:03 PM

Geez, I woke up to this...! Mt Gox Files For Bankruptcy After $473 Million In Bitcoins "Disappeared" http://www.talkmarkets.com/content/news/mt-gox-files-for-bankruptcy-after-473-million-in-bitcoins-disappeared?post=40926

on: February 20, 2014, 10:22:16 PM

This Tyler Durden guy is always bashing on Bitcoin. Kind of frustrating... though I guess it will help lower the value of bitcoin temporarily which is good if you want to buy more.

on: February 20, 2014, 07:59:40 PM

Bitcoin Exchange Mt. Gox Is Finished http://www.talkmarkets.com/content/currenciesforex/bitcoin-exchange-mt-gox-is-finished?post=40670

on: February 17, 2014, 03:35:11 AM

A good read: Bitcoin’s largest exchange is dying. Here’s why that’s not a problem for Bitcoin. http://www.washingtonpost.com/blogs/the-switch/wp/2014/02/15/bitcoins-largest-exchange-is-dying-heres-why-thats-not-a-problem-for-bitcoin/

on: February 13, 2014, 11:37:35 PM

Quote from: acoindr on February 13, 2014, 11:26:54 PM Nothing goes up in a straight line. Nothing. Those of us around Bitcoin a while are very familiar with price dips. I view it as a great thing. People get so caught up on the price. Everybody views Bitcoin as some weird stock/investment anomaly. Bitcoin is a cur-ren-cy. Hint: a currency doesn't work if only a few people hold it. The cheaper Bitcoins are the more people can afford to access some significant number of them. Long periods of cheap Bitcoin prices mean more even and widespread distribution. That's a good point. I'm still new to bitcoin. Any chance the US would ever make it illegal?

on: February 13, 2014, 11:15:12 PM

Unless it keeps going lower. Been a lot of bad press lately. Arrests in the US, Bitcoin made illegal in Russia, 2 out of 3 exchange halting withdrawals. I respect you for keeping your cool far better than me.

on: February 13, 2014, 11:09:00 PM

OUCH! More Bad Bitcoin News... Bitcoin Crumbles To 3-Month Lows On Mt.Gox As CEO Defends Exchange http://www.talkmarkets.com/content/news/bitcoin-crumbles-to-3-month-lows-on-mtgox-as-ceo-defends-exchange?post=40513

on: February 11, 2014, 09:35:18 PM

Sigh... Another Bitcoin Flash Crash Imminent? Second Major Exchange Follows MtGox In Suspending Withdrawals http://www.talkmarkets.com/content/currenciesforex/another-bitcoin-flash-crash-imminent-second-major-exchange-follows-mtgox-in-suspending-withdrawals?post=40447

on: February 10, 2014, 04:51:33 PM

Thanks for the clear and easy to understand responses. I will say though, that as bitcoin becomes more and more popular and valuable, it will attract more and better hackers. Nothing is "unhackable." Also, did you see today's news about government crackdowns in the US and abroad. Bitcoin was just declared illegal in Russia and the value of bitcoins plummetted by 80%!! I'm sure much of that value will be regained in the near future but doesn't any of this diminish your enthusiasm? http://www.talkmarkets.com/content/news/bitcoin-flash-crashes-drops-by-80-in-seconds?post=40397

on: February 06, 2014, 11:49:10 PM

So if both authors are biased, who is to be believed? Either way, I found both articles to be extremely interesting. I'm still new to bitcoin but there are a number of things I've been wondering about: 1. Is the author accurate when he describes what would have happened at Target had its customers used bitcoins instead of credit cards? 2. I had read about that guy who accidentally threw away the wrong hard drive, and he lost $7 or $8 million dollars worth of bitcoins. If it's digital, why can't it be reinstated. 3. With everyone from Google, to Twitter to Target being hacked these days, what's to protect Bitcoin from being hacked? If it's gone, it's gone. Still new to bitcoin but I'm trying to get my head around all this.

on: February 06, 2014, 11:08:27 PM

What did you think of the rebuttal to Marc Andreessen's New York Times Article? "Why Marc Andreessen Is All Wrong About Bitcoin... And It Could Cost Investors Billions" http://www.talkmarkets.com/content/technology/why-marc-andreessen-is-all-wrong-about-bitcoin?post=40321 I was really impressed with Andreesen's piece, but the man does have $50 million invested in Bitcoin related ventures, so he's obviously biased. This new article gave me some pause and I thought he made some really great points. But I'm too new to bitcoin to be an expert on these issues. Wanted to hear some thoughts before I invested... Thanks.

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