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1821  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: October 18, 2011, 02:03:09 PM
Quote
Bitcoin Value Falling as ExchB Exchange Shutters its Doors and Windows

Kit Dotson
2011-10-17

http://siliconangle.com/blog/2011/10/17/bitcoin-value-falling-as-exchb-exchange-shutters-its-doors-and-windows/
1822  Economy / Speculation / Re: Old Highs, New lows, what to make of all this action. on: October 18, 2011, 03:47:52 AM
will this "sell while you still can" trend, lead us all the way down to under .01 cents?

.01 cents would mean it would only cost about $750 to buy up all the bitcoins that have so far been issued - sounds far fetched.

Even .01 dollars  would mean it's only $75000 to buy them all up, so I suspect that there are more than enough bitcoin 'enthusiasts' to snap them up before that level.


edit: by the way.. do you, or have you ever worked for verizon?

1823  Other / Beginners & Help / Re: SolidCoin is a Scam on: October 18, 2011, 03:14:42 AM
come now - scam is a bit strong..   I'd describe it as a rickety patchwork of a system peddled by an incompetent egotistical leech who makes 'very misleading' statements.  There is a slight possibility that he actually believes his own marketing.

1824  Other / Beginners & Help / Re: I have bought 1% of the bitcoins. on: October 18, 2011, 03:00:33 AM

What's the joke? Is there a car reference I'm missing?
1825  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: October 17, 2011, 01:32:11 AM
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Bitcoin: Birth of an online currency

A new anonymous digital currency that allows instant payment to anyone, anywhere. Sounds great, just not for the average consumer.

Aaron Broverman (bankrate.com)
2011-10-15

http://money.ca.msn.com/banking/bankrate/bitcoin-birth-of-an-online-currency


So what would it take for Bitcoin to usurp PayPal as North America's major online payment system? "They have a long, long way to go," says Williamson. "Right now, it's not clear that anyone is holding this for anything other than speculation, Money is a self-fulfilling thing; it's accepted because it's accepted and people must see it being used and think it is easy to use."

" people must see it being used and think it is easy to use"
..and that in a nutshell is bitcoin's biggest (but not only) hurdle I think.
1826  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: October 17, 2011, 01:24:10 AM
I'm probably going to be more sporadic in my bitcoin press hits updates.
It's better that this thread is newshounded by many anyway - I seem to have taken it over a bit lately.
1827  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: October 17, 2011, 01:22:21 AM
Quote
Engineering Ethics Blog
(Comments on current events with an engineering ethics angle)

2011-10-16

Bitcoin: Currency of the Future?

http://engineeringethicsblog.blogspot.com/2011/10/bitcoin-currency-of-future.html


Quote
When bitcoin goes up in comparison to the dollar, I suppose it says that some number of people concerned about both currencies trust Mr. Nakamoto more than they trust Uncle Sam, at least for the moment.
Overall a reasonable post - but the quote above strikes me as odd. 'Trust' in Nakamoto is decidedly unnecessary because it's an open sourced system which is maintained/reviewed by many.
1828  Bitcoin / Bitcoin Discussion / Re: The Bitcoin Show on OnlyOneTV.com on: October 14, 2011, 03:38:51 AM
It is not my business or your business but it is the child's business.  The child will grow up to be a delusional sheep, and the child's rights are violated when you teach him/her utter crap as science.

The child is best served in a competitive educational marketplace, in which theories and ideas are taught based on competitive merit instead of diktat.

I'm not going to get deeply involved in this chat - as we're now pretty off-topic, but
The marketplace you suggest effectively peddles a lie on the unsuspecting child.  The lie is that they are receiving an education that is roughly equivalent to their peers on a national or global level.
Let them send their kids to whatever extra-curricular classes tickle their fancy - but you can't expect a madrassa or fundamentalist christian school to give a proper treatment of modern science *yet the 'customers' (ignorant parents & naive kids) are often unaware of this*.

The theories and ideas which are in the curriculum have already won on competitive merit in the scientific peer-review process.
Regardless of what baloney people want to teach their kids on the sidelines - they shouldn't be able to pretend that their local preaching institution is giving an equivalent and relevant education.

1829  Bitcoin / Bitcoin Discussion / Re: The Bitcoin Show on OnlyOneTV.com on: October 14, 2011, 12:10:39 AM
hmm.. he's back. And thankfully it doesn't drag on for an hour ( 36 minutes)

http://onlyonetv.com/2011/10/the-bitcoin-show-episode-048-dan-oconnor-running-for-us-congress/

edit: I'm not even 30 minutes in - and already it feels like an hour.

Ouch.. this politician he's interviewing wants to let parents and teachers have more of a say in the curriculum in schools "rather than applying some sort of universal standard"   
-  "No universal standards"  he says.

Hmm, so science class could be creation 'science' if the parents and teachers in some school decide so?  greeeat.



1830  Bitcoin / Bitcoin Discussion / Re: FYI - OWS Currency on: October 11, 2011, 12:05:00 AM
Why are they screwing around with some Drupal based monstrosity when it sounds like what they really want is a Ripple node?

Probably because like government currency issuers, they want to exercise control over who uses the currency and how they use it.
I don't think the ramifications of true decentralization and personal control over money have been fully appreciated by these folk.
1831  Bitcoin / Bitcoin Discussion / Re: Project Mainstream Update - We're calling in Alex Jones tomorrow. on: October 10, 2011, 10:41:46 AM
This thread cracks me up. People are actually pleading for someone not to "ruin" Bitcoin. You guys put way too much faith in a 17 year old blowhard calling up a radio station. Bitcoin is already looked at poorly by ignorant consumers because of e-gold and the massive explosion of online currencies and payment methods available.

Merchant services, corporate solutions. People with money are the ones who will help bring adoption to Bitcoin, not more talentless hippies.

yeah well..  I'm not entirely sure he could 'ruin' bitcoin.. but bringing that crowd in could probably make it even more unpleasant while we're on the way to wherever it is we're going, and maybe even stretch out the timeline a bit.

(isn't *1* bitrebel more than enough??)
1832  Bitcoin / Bitcoin Discussion / Re: [MUSIC VIDEO] Max Min - Alpaca Socks (aka "The Bitcoin Song") - Official Video on: October 10, 2011, 03:59:16 AM
Another artist throws a bitcoin reference into the lyrics :  

Ultraklystron - Tap That Deck
http://www.youtube.com/watch?v=eLBJiZGwIzo

This is the obvious reference, but I'm guessing at least that whole verse is about bitcoin.
"i'll pay no mind, til they match my hash rate"  


Well.. maybe this is a new bitcoin success indicator - how many songs reference it??  
1833  Bitcoin / Bitcoin Discussion / Re: Project Mainstream Update - We're calling in Alex Jones tomorrow. on: October 10, 2011, 03:27:53 AM
What a disaster.

Immanuel, despite other's concerns, you're steaming ahead with this train wreck of an idea?!

Please.. we don't need more users, we need more merchants first.  You're inviting the sort of users who scare off merchants.

I'm going to stop updating the press hits thread now I think.  It's probably better that a larger variety of people update it anyway - but really I dread the sort of PR that an association with Alex Jones types may bring.

Perhaps one of us should let slip the fact that bitcoin mining is actually calculating secret new world order stuff; scaring the Alex Jones army off with their own sort of silliness might be the only option Tongue



1834  Bitcoin / Bitcoin Discussion / Re: bitcoin dollar bill on: October 10, 2011, 01:04:52 AM
Wow! This is a controversy!
Now bitcoin has a physical form...  Smiley

Not sure if you were being sarcastic..(?)
In case you're unaware.. look up bitbills and casascius coins for some genuine bitcoins in physical form.
(can be destructively opened to reveal private key which can then be used to access the value on the network)
1835  Bitcoin / Bitcoin Discussion / Re: [MUSIC VIDEO] Max Min - Alpaca Socks (aka "The Bitcoin Song") - Official Video on: October 09, 2011, 04:37:33 AM
Thanks for drawing attention to this.
For some reason this (and some of his other stuff) really tickles me!  Grin

I couldn't find a bitcoin donation address for him though.. wtf!?
1836  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: October 08, 2011, 01:53:04 PM
Quote
Bitcoin Community Takes an Interest in Occupy Wall Street

Adrianne Jeffries
2011-10-07

http://www.betabeat.com/2011/10/07/bitcoin-community-takes-an-interest-in-occupy-wall-street/

"The sympathies roll both ways–Occupy Wall Street has accepted donations denominated in Bitcoin since early on. "


1837  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: October 08, 2011, 02:01:40 AM
Quote
Let's be Clear: I didn't invent Bitcoin

DAVIN O'DWYER
2011-10-08

http://www.irishtimes.com/newspaper/weekend/2011/1008/1224305442727.html

"Clear was mightily surprised: when Davis contacted him at a cryptography conference in California in August, Clear thought he made it plain that he wasn’t Satoshi."
1838  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: October 07, 2011, 05:45:47 AM
Quote
Bitcoin shows the value of not depending on its maker

DANNY O'BRIEN
2011-10-07

http://www.irishtimes.com/newspaper/finance/2011/1007/1224305381674.html

"And so with Bitcoin. I’m capitalising its name but, if it succeeds, it will join the web and the net as being slowly lower-cased into a generic existence."
1839  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: October 06, 2011, 01:48:44 AM
Quote
10 Projects to Liberate the Web

Venessa Miemis
2011-10-04

http://www.shareable.net/blog/10-projects-to-liberate-the-web
1840  Bitcoin / Bitcoin Discussion / BitCoin usage rejected because they "could" be used for illegal activity. on: October 06, 2011, 01:44:32 AM

http://mrmoneyhustler.blogspot.com/   (+ video linked in the article)

I'm not sure which website he's actually talking about - but this is one reason why the way journalists report on Bitcoin can have a big effect on the spread and uptake of this currency.  The 'Any publicity is good publicity' maxim might work as far as getting a fair number of end users - but if businesses are scared of it for PR reasons, it's not much good.



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