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1681  Bitcoin / Bitcoin Discussion / Re: If I cared about Bitcoin I would do this on: November 28, 2011, 06:02:07 PM
Also, you need to be able to do instant transfers between banks.

Good grief, from my experience you'd be extremely lucky to get transfer same day in Australia. I've even had a couple of days for a transfer within the same bank.
Bitcoin's 10 minutes is lightning by comparison.

1682  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: November 28, 2011, 04:39:33 PM
Quote
Union Square Ventures Almost Invested in Bitcoin

Adrianne Jeffries
2011-11-28

http://www.betabeat.com/2011/11/28/union-square-ventures-almost-invested-in-bitcoin/
1683  Bitcoin / Bitcoin Discussion / Re: SwitchPoker.com - Adds Bitcoin Deposits! on: November 28, 2011, 02:05:18 PM
It's great to see a pre-existing poker site add Bitcoin support.

I've tried this out, and the exchange rates between BTC and Euro seem pretty reasonable.
It allows you to convert between Euro and BTC at will.

I think they really need to be a bit more transparent on fees and exchange rates though - it's pretty much try it and see what you get at the moment.
I just got 1.15 BTC for 2.23 Euro  when the mtgoxEUR was 1.91

They use bitcoin247.com for the deposit/exchange service. I haven't seen much written about them here, and I can't see an entry for them in bitcoincharts but so far so good.

Also a warning.. although you can deposit as little as 3BTC  - the minimum you can withdraw is 20BTC Sad

I don't think there's really a good excuse for that given that BTC is so easy to transfer. It's simply a tactic to make you gamble your remaining money away, and I hope that competitors will come along who allow you to withdraw your bitcents, and force switchpoker to match this policy.

Edit: It also seems to me that you could purchase BTC by Visa using this system. I haven't tried it - but I don't see why it wouldn't work. They allow up to 500Euro visa deposit.
1684  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: November 28, 2011, 12:11:28 PM
Another assumptive headline.. this time in a WSJ blog.
It often seems journalists prefer to get their opinions from other journalists rather than investigating issues for themselves.

In fairness to the journos - sometimes the articles are half decent and it appears the headlines may be chosen by someone else (editors) for greater impact.

This is just another little meta-piece based on the recent Wired article.

Quote
Collapse of a Common Internet Currency

Nick Clayton
2011-11-28

http://blogs.wsj.com/tech-europe/2011/11/28/collapse-of-a-common-internet-currency
1685  Bitcoin / Bitcoin Discussion / Re: Bitcoin on Primetime TV! Freedomwatch with Andrew Napolitano!!!! on: November 28, 2011, 11:50:27 AM

I was really surprised at the quality of this clip. I was expecting something really negative and we got one of (if not the) best clips yet. Solid answers that people can understand, that's what we need. Not to mention a guest that understands the concepts.

Pleasantly surprised on this one.

Jered

When he started the piece by saying "Bitcoin" with a laughing wobble in his voice - I thought it was going to be a piece where he completely derided it.
Pleasantly surprising indeed!

1686  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: November 28, 2011, 06:37:49 AM
An article in the online Finnish computer magazine tivi.fi

Quote
1687  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: November 28, 2011, 03:37:38 AM
A great TV piece on Fox Business
Thanks to evorhees for bringing this to us so quickly!

Quote

Discussion thread: https://bitcointalk.org/index.php?topic=53073.0
1688  Economy / Speculation / Re: Bitcoin and Hype Cycle on: November 28, 2011, 03:32:51 AM
Please don't compare me to that person, he is on my shitlist, thanks.

You are right this might not be the last press wave before the though of disillusionment. I think it is though.
So are you saying that the press abandoning bitcoin will never happen? If not when would that be?

Oh.. I didn't mean that as an insult. It was a comparison of the idea, not the people!

I guess I could see the press pretty much abandoning bitcoin as a topic once it's achieved widespread mainstream use for a long time, or even just a fairly stable niche.  ie - once it's gained some sort of 'normalization' and is more or less just another economic/tech tool like online banking/email.
or alternatively - a decent while after total failure and/or replacement.

It will have a long future in academic literature (tech,economic,political) I think though - an excellent case study for students; and it's definitely cemented it's place in Internet history whatever the outcome.


1689  Economy / Speculation / Re: Bitcoin and Hype Cycle on: November 28, 2011, 03:08:44 AM
There will be no more press after this wave. At least for a few weeks to even months. That's the whole point of the Though of Disillusionment.

Someone, who has been strangely silent for a while.. at least under that alias Wink    made that prediction before: https://bitcointalk.org/index.php?topic=29096.msg366510#msg366510

Quote from: Synaptic

+ Bitcoin just enjoyed more media exposure over the past 3 months than can reasonably be expected to occur anywhere in the near future. There's just nothing newsworthy forthcoming unless there is something scandalous that happens again, and we're just about out of interesting scandals. We've made the rounds from illegal purchasing to hacking to market failures.
  There's just nothing left to get the attention of corporate media. The fact is that no-one cares about bitcoin as a medium of exchange, except a small core constituency of idealists here on these forums. It HAD newsworthy spectacle value as prices skyrocketed and people "got rich quick," but those times are over.  There is nothing left of newsworthy value.


And this gem!

Quote from: Synaptic
Use your imagination.  What is all of God's Hell's can you imagine anyone in the corporate media writing about bitcoin?

Bitcoin was in some of the largest financial publications in the world.  You think there's anyone left out there that gives a damn to write about it again? Why would that be, pray tell?

Please, maybe you could emulate a possible headline?

There is nothing left that's worth saying to the public about bitcoin, from the mouths of the corporate media. Period.



on July 15, 2011, 06:16:07 PM
Quote from: Synaptic
Quote from: Supersonic3974
Just because you can't think of any potential newsworthy events, that doesn't mean there aren't any.  It just means you have a limited imagination.
And what about your imagination?

I just responded to someone who took a shot and took the piss out of him easily.

C'mon everyone, try it.  Let's all use our imaginations to come up with something that might show up in THE ECONOMIST again, or THE NEW YORK POST, or TIME.  Or really any publication that has a wide audience.

Since July 15th we have had:
THE ECONOMIST: 2011-09-21  The bursting of the Bitcoin bubble
TIME: 2011-11-21 POLICY & LAW How the Internet Evolves to Overcome Censorship
plus various other complete articles or at least mentions by mainstream agencies including:
cnbc,kold,chicagotribune,huffingtonpost,newscientist,washingtonpost,npr,sydney morning herald,guardian UK, NY times ...  
(too many to list really, and a fair few non-english press hits too)
On top of that there are the myriad of tech news articles, financial/technical/personal blogs etc.

There has been a definite mixture of negative and positive slants to the stories.

Indeed - I found the strident ridiculousness of Synaptic so inspirational that I put extra effort into updating the 'Bitcoin press hits, notable sources' thread with all these 'nothings' Smiley
1690  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: November 27, 2011, 07:05:06 PM
Quote
AVC musings of a VC in NYC


Bitcoin
2011-11-27

http://www.avc.com/a_vc/2011/11/bitcoin.html


...
So it seems to me and my colleagues at USV that an alternative currency with roots in peer to peer networks and based on an algorithm that is transparent to everyone is an idea whose time has come.
...

Discussion thread: https://bitcointalk.org/index.php?topic=53041.0
1691  Economy / Speculation / Re: Crypro X Change failed 24h promise on: November 27, 2011, 05:08:00 PM
Are you sure 24 hr didn't mean 24 business day hours?

If it did - then that sort of misleading marketing would be even worse than just failing to keep to a target.
1692  Other / Off-topic / Re: [COMIC] the old dragon holds up the toaster on: November 27, 2011, 05:09:00 AM
My interpretation is - "You just shouldn't ask what's holding up the price of bitcoin at the moment."

because..  it's a hoarding old manipulator who has almost run out of flame so he's using any means at his disposal.
oh.. and that's not a mountain he's standing on - it's smoke.

1693  Other / Beginners & Help / Re: Favorite Merchants who accept BTC on: November 27, 2011, 03:43:13 AM
I beg you Adam to look into a web-of-trust model, perhaps you should spend the weekend playing with PGP/GPG. Most likely your reviewers and thus their reviews are meaningless unless the pathways of trust can be demonstrated. Why shouldn't every merchant create numerous accounts and review themselves positively? What prevents competitors from reviewing negatively. Are larger merchants more trust worthy than small? Who are these people and why should we care?

very interesting !
ill be looking into it...

right now all i can say is, only one review is allowed per listing (based on ip). For a competitor to do allot of damage he would have to change his ip for every review for that listing..

my site is aimed at non-tech people. and so i don't want to have them need to understand techno-bable to write a review. but i would like to be able to establish trusted reviews.

Nowdays it seems astroturfing is so widespread that dishonest businesses can rent a crowd of online shills from businesses that specialize in helping them 'manage' their PR, so the IP address protection is a start but only a pretty basic protection.
Something like the web-of-trust idea Netrin mentioned does sound like it would be good if you can somehow make it fairly simple.

1694  Economy / Collectibles / Re: CASASCIUS PHYSICAL BITCOIN - In Stock Now! (pic) on: November 26, 2011, 07:09:01 AM
It was: $9.69 (winning bid) + $4.53 (credits used to bid) + $5 (shipping).  http://www.mokimarket.com/auction_details/248


So is there any way to see roughly how much the merchant got? 
1695  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: November 26, 2011, 03:33:15 AM
Quote
The Coming Collapse of Bitcoin?

Thomas Frey ('futurist speaker' Executive director of the Davinici Institute)
2011-11-25

http://www.impactlab.net/2011/11/25/the-coming-collapse-of-bitcoin/

...
But for all its limitations, bitcoin remains a major milestone in our transition from national currencies to global currencies. It also serves as a guiding light for transitioning from labor-intensive systems to automated systems.

The legend of bitcoin is far from over. In fact, it’s only beginning.
1696  Other / Beginners & Help / Re: Creative acronyms for Bitcoin on: November 26, 2011, 03:17:59 AM
Thanks!
1HutBzyj9iYWmtehpR7fcX25q5qnrP7imC

1697  Bitcoin / Bitcoin Discussion / Re: Nigeria may be forced to adopt bitcoin on: November 25, 2011, 01:25:10 PM
That said, bitcoin in Africa? Not bloody likely. They are lucky when the power stays on long enough to cook supper.

You won't believe me, but Africa is leading by mobile payments usage.

May be they just need a client for J2ME platform Smiley

Sounds believable to me..  With things like M-Pesa being such a big success in Kenya, I suspect the average person would look at Bitcoin and say 'why bother' - we already have an electronic payment system that works on even very modest phones, and there are exchangers and merchants for it all over the place.



1698  Economy / Marketplace / Re: Earn easy 1BTC by helping me out (US resident required) on: November 25, 2011, 09:31:13 AM

Hey there, If you'd like I'd be more than happy to loan you 8 BTC until you get someone to help you with the card.

Thank you, I appreciate the offer - but I'm not really in need of the 8BTC urgently.
It's just that I don't particularly want to have a card that I really have no use for.. I may as well convert as much value to a more useful form of money Smiley 
1699  Economy / Marketplace / [CLOSED] Earn easy 1BTC by helping me out (US resident required) on: November 25, 2011, 08:51:40 AM
I'll pay 1BTC if someone with a good rep can help me out here.

(see https://bitcointalk.org/index.php?topic=52574.0 for my original attempt to just sell the prepaid $25 visa)

1) I supply Wells Fargo Visa Card details  ($25 value)
2) You register the card on wellsfargo website to your valid US street address.
3) Use card via google checkout and mrcoins.org to buy 9BTC  (assuming price doesn't change to much in the next little while - only just enough to get 9BTC at the moment!)

Send me 8BTC - Keep 1. (assuming you can redeem the resulting mtgox codes yourself - otherwise - send me mtgox codes and I send you 1BTC)

My mistake was to buy the card thinking that it could be used with US merchants - I didn't realize that the card had to be registered to the holder of a US street address.  (I'm assuming google checkout will cross-reference this against IP etc?.. not sure but don't want to try it myself from here in Australia)

Cheers,
Julian
1700  Economy / Currency exchange / Re: Selling $25 Wells Fargo Visa (for $20 in BTC) - useful for US address only on: November 25, 2011, 06:39:39 AM
.. or maybe I'm going about this the wrong way.

For someone who can show they have a good reputation here...  I'll pay 1BTC for them to fill out the form and register the card and put the transaction through mrcoins.com for me.
No risk to the person who helps me.   But please - US people only. I'm not sure how google checkout works - but I'm assuming the IP address should be in the US and the name/address used in registering the card need to be legit.

I know 1BTC isn't much.. but I'd appreciate the help!
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