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221  Economy / Service Announcements / Re: [ANN] BitcoinStore.com (Beta) - Electronics super store with over 500K items! on: February 27, 2013, 03:24:00 AM
The security error above is a real worry to me too. It seems to be similar to the one that the Avalon website had.    As I haven't seen any public statements about this - I'm beginning to wonder if it's some sort of man-in-the-middle attack on Bitcoin-related websites.

Also.. I've been unable to login since the site update - and I have not received any shipping info for an order placed over 10 days ago.
I know it's a beta site - but this is almost enough to scare me back to using 'good-old' reversible credit card merchants Sad

222  Bitcoin / Press / 2013-02-14 venturebeat.com - Reddit says Bitcoins are as good as gold (and credi on: February 15, 2013, 11:39:48 PM
Quote
Reddit says Bitcoins are as good as gold (and credit cards)

Tom Cheredar
2013-02-14

http://venturebeat.com/2013/02/14/reddit-bitcoin/

...
The move should give the news sharing site a boost in revenue, especially from international users that are unable to pay via credit card or PayPal for one reason or another.
...
Reddit joins a handful of organizations now accepting Bitcoin payments: Dewlance, Diaspora, 4chan, Wiki Leaks, Uploaded.to, The Internet Archive, and, more recently, WordPress operator Automattic.

Yet the vast majority of businesses are not on board, which could have something to do with Bitcoin’s perception of being an unsecure method of payment as well as the currency of choice for criminals. But that may change over time since Bitcoin doesn’t have the same limitations as a currency that’s tied to a government.
...

With legitimized exchanges like Coinbase offering bank-level encryption (and processing over $1 million worth of Bitcoin transactions per month), it may just be a matter of time before it starts appearing next to PayPal, Visa, Master Card, and Google Wallet — especially with support from Reddit’s highly effective active user base.
...
223  Bitcoin / Press / 2013-01-15 networkworld/IDG - Reddit to accept bitcoin for premium service on: February 15, 2013, 11:36:28 PM
The IDG news service is syndicated - so this (short) article will probably appear on a few sites
Quote
Reddit to accept bitcoin for premium service
The site follows WordPress in accepting the virtual currency for payments

Jeremy Kirk
2013-01-15

http://www.networkworld.com/news/2013/021513-reddit-to-accept-bitcoin-for-266747.html


...
The popular social-news site Reddit said it will now accept bitcoins, following blogging platform WordPress in embracing the four-year-old virtual currency.
...
The virtual currency is looking increasingly attractive to online merchants, who run the risk of incurring a "chargeback" by banks if someone fraudulently makes a purchase with someone else's credit card details. Due to its cryptographic verification system, bitcoins cannot be fraudulently spent, which relieves merchants of chargeback worries.
...
WordPress announced in November that it would accept bitcoins, opening up some of the blogging platform's paid-for features to people in countries not supported by credit card companies and PayPal.
...
224  Bitcoin / Press / 2013-02-15 americanbanker.com - Reddit News Site Now Accepts Bitcoin on: February 15, 2013, 10:42:19 PM
Quote
Reddit News Site Now Accepts Bitcoin

The anonymous digital currency Bitcoin, which is already accepted on the Wordpress blogging site, has another mainstream partner. Reddit, the social news and entertainment site, now accepts bitcoins as payment for Reddit Gold, a subscription service.

Bailey Reutzel
2013-02-15

http://www.americanbanker.com/issues/178_33/reddit-news-site-now-accepts-bitcoin-1056845-1.html

...
Even though the cryptocurrency has a less than pristine reputation, prominent companies have begun accepting it.
...
"Despite its considerable potential, Bitcoin is still very new, experimental, and no one really knows what will happen with it and what people will do with it," says Reddit CEO Yishan Wong in a post on reddit. "This means that there is the possibility that unexpected or bad things happen, and we may have to modify or suspend our implementation of Bitcoin support if that happens."
...
225  Bitcoin / Press / 2013-02-14 bbc.co.uk - Police hold 11 over ransomware scam 'affecting thousands' on: February 14, 2013, 10:07:21 PM
Single mention.

Quote
Police hold 11 over ransomware scam 'affecting thousands'

2013-02-14

http://www.bbc.co.uk/news/technology-21457743

...
Spanish authorities, working with the European Union's law enforcement agency, Europol, arrested 11 people, from Russia, Georgia and Ukraine.
...
The gang had been receiving the money in a variety of ways - including using virtual currency such as Bitcoin, Europol said.
...
226  Bitcoin / Press / Re: NEW articles in Press Forum on: February 14, 2013, 10:04:32 PM
2013-02-15 techcrunch.com - Reddit Starts Accepting Bitcoin for Reddit Gold Purchases Thanks To Partnership With Coinbase

https://bitcointalk.org/index.php?topic=144134.0
227  Bitcoin / Press / 2013-02-15 techcrunch.com - Reddit Starts Accepting Bitcoin for Reddit Gold Purc on: February 14, 2013, 10:04:01 PM
Quote
Reddit Starts Accepting Bitcoin for Reddit Gold Purchases Thanks To Partnership With Coinbase


Drew Olanoff
2013-02-15

http://techcrunch.com/2013/02/14/reddit-starts-accepting-bitcoin-for-reddit-gold-purchases-thanks-to-partnership-with-coinbase/

Bitcoin is the “underground” digital money system that’s fueling growth and disruption in the online payment space.
...
While Reddit isn’t exactly a “mainstream” site yet, it is definitely the most widely used site to start accepting bitcoin that I can think of.
...
Will Reddit push bitcoin into the mainstream? We will see, but as usual, the Redditors have gotten what they’ve wanted.
228  Bitcoin / Press / Re: NEW articles in Press Forum on: February 14, 2013, 09:50:10 PM
2013-02-15 forbes.com - Why I'm Not Ready To Sell My Bitcoins

(By Timothy B. Lee)

https://bitcointalk.org/index.php?topic=144131.0
229  Bitcoin / Press / 2013-02-15 forbes.com - Why I'm Not Ready To Sell My Bitcoins on: February 14, 2013, 09:49:29 PM
Quote
Why I'm Not Ready To Sell My Bitcoins

Timothy B. Lee
2013-02-15

http://www.forbes.com/sites/timothylee/2013/02/14/why-i-dont-think-bitcoins-big-price-rise-is-another-bubble/


...
So is the new Bitcoin price rise a bubble? I don’t think so. Nothing like Bitcoin has ever existed before, so it’s not clear how to compute a “fundamental” value for it.
...

But Bitcoin is a sufficiently novel technology, with security and privacy features traditional financial networks can’t match, that it seems likely that people will find something cool to do with it. And when they do, they’ll need to get their hands on a lot of Bitcoins. So I’m not ready to sell mine yet.
230  Bitcoin / Bitcoin Discussion / Re: Writing an article about bitcoin... posting it here first for feedback on: February 12, 2013, 07:02:01 AM
Already it is the most powerful and widespread network the world has ever seen ...

I think this bit needs a little reworking.
While I've heard bitcoin referred to as the most powerful distributed supercomputer  (which is itself debatable  - as that's pretty much just raw crunch power for a very narrow task) - it seems a real stretch to refer to it as the 'most powerful' network.   It also seems to me that there must be other networks which are more widespread (the internet itself springs to mind).



True...... the internet itself violates what I said. I was trying not to get too technical...... but that will definitely need to be changed. How about if I just replace network with "program" ?

I don't think it can legitimately be described as the 'most powerful and widespread program' either.  Undoubtedly things like skype have a vastly bigger userbase and are thus more widespread - not to mention operating systems like Windows and Android etc too!

You probably have to be quite specific to describe it as 'most powerful'.   Something like 'the most powerful distributed computing system in terms of sheer number-crunching'.
I dunno. Maybe others have better rewording suggestions.

231  Bitcoin / Bitcoin Discussion / Re: Writing an article about bitcoin... posting it here first for feedback on: February 12, 2013, 06:56:59 AM
Quote from: notig
There is no fee. Yes, that's right... transferring the money across countries to another part of the world costs nothing.

I know you're not the only one to claim this, but I'm uncomfortable describing it this way.   The fee is minimal - and sometimes optional, but when a new user decides to try to split a wallet with some nice round number of Bitcoins into parts - they might be annoyed to find that shuffling their own money around can give them unexpected fractions.  

Imagine too; someone who has received 1BTC as an experimental introduction to Bitcoin and finds something online to buy for exactly 1BTC.  It doesn't matter how tiny the fee is - that experience is going to be frustrating when they read about it as 'no fees'.

Also, you begin too many sentences with the word 'But', but that's somewhat open to personal writing taste I guess.
232  Bitcoin / Bitcoin Discussion / Re: Writing an article about bitcoin... posting it here first for feedback on: February 12, 2013, 06:42:46 AM
Already it is the most powerful and widespread network the world has ever seen ...

I think this bit needs a little reworking.
While I've heard bitcoin referred to as the most powerful distributed supercomputer  (which is itself debatable  - as that's pretty much just raw crunch power for a very narrow task) - it seems a real stretch to refer to it as the 'most powerful' network.   It also seems to me that there must be other networks which are more widespread (the internet itself springs to mind).

233  Economy / Service Announcements / Re: [ANN] BitcoinStore.com (Beta) - Electronics super store with over 500K items! on: February 11, 2013, 10:09:01 PM
I'm currently seeing a 17%+ excess cost due to BTC exchange rates.

Is this normal?
The price seems to be using around $20.5  instead of somewhere near $24

Sorry if this has been discussed - but where is the explanation for how & when the exchange rate is calculated?  Is it a 30 day average or something?
234  Bitcoin / Bitcoin Discussion / Re: Kim Dotcom Mansion: Press conference 2013-01-19 GMT on: February 11, 2013, 02:19:48 AM
And now.. a tweet from Vikram Kumar the new Mega boss:

"Wondering why there hasn't been more media interest in zipbit https://zipbit.co/  NZ's very own Bitcoin merchant platform"

https://twitter.com/vikram_nz/status/300786385026183170


 Shocked
235  Bitcoin / Press / Re: 2013-02-07 thetechfeed - Is Bitcoin a Legitimate Form of Currency? on: February 11, 2013, 02:16:14 AM
Tech FeedBack: Drugs and Bitcoins Spark Debate

http://www.youtube.com/watch?v=nxx8V63LVT8

At the end of this video there is a little bit of commentary regarding their recent Bitcoin video.

Right at the end - Annie jokes about needing to 'strip for Bitcoins'.

236  Bitcoin / Press / Re: 2013-02-10 daytradeshow.com - Bitcoin Beatdown on: February 11, 2013, 12:49:38 AM
The irony I see in this guy's position is that he claims to be taking the 'emotion' out of the equation, yet his stance on Bitcoin, particularly his claims of 'ponzi' appear to be just the usual kneejerk emotional reactions people have to Bitcoin.
He hasn't done a deep analysis - doesn't understand the nature of Bitcoin or its (evolving) feature set and ecosystem - and so is taking a very 1 dimensional view of it.
237  Bitcoin / Press / 2013-02-10 daytradeshow.com - Bitcoin Beatdown on: February 10, 2013, 11:35:49 PM
An old time Bitcoin critic ... at it again.   He still doesn't seem to understand the real value of Bitcoin - but sees it as something he can profit from.

Quote
Bitcoin Beatdown

2013-02-10

http://daytradeshow.com/theshow/archives/2167

...
I don't see in any way that Bitcoin is a replacement for the dollar. It is a ponzi scheme.
It's not at all any better than the federal reserve system. It's in fact much worse than the federal reserve system in so many ways

...
In fact Ironically.. I could now be scandalously wealthy if I had bought Bitcoins back when I was doing videos when they were like at 1 and 2.
...
So it is a bitcoin beatdown. Absolutely.
Bitcoins have been the investment of the last 3 years. In ways that we might not see ever again.
These sort of percents are astounding. They're incredible.
...
I'm gonna start doing regular Bitcoin commentary. Absolutely. Bitcoins are forreal.
They're not a replacement for the dollar. No No. They don't replace the federal reserve system.
They're not the panacea they're not the magic elixir. But they're the real deal as far as a trading vehicle is concerned.
...
238  Bitcoin / Bitcoin Discussion / Re: I am pretty confident we are the new wealthy elite, gentlemen. on: February 08, 2013, 02:07:54 AM
For maximum effect, this thread has to be resurrected by someone who is unaware of the jinx/rule.

So  Shhh..   discuss something else here for a while Wink
239  Bitcoin / Press / Re: NEW articles in Press Forum on: February 07, 2013, 09:15:40 AM
2013-02-07  TheTechFeed - Is Bitcoin a Legitimate Form of Currency?

https://bitcointalk.org/index.php?topic=141758.0
240  Bitcoin / Press / 2013-02-07 thetechfeed - Is Bitcoin a Legitimate Form of Currency? on: February 07, 2013, 09:14:04 AM
Pretty good general intro video!

Quote
Is Bitcoin a Legitimate Form of Currency?

TheTechFeed  (over 40K subscribers)
2013-02-07

http://www.youtube.com/user/TheTechFeed?feature=watch

Bitcoin is a virtual currency gaining popularity across the web for its ease and speed of use, as well as its anonymity. Annie takes a look at the many uses for Bitcoins, and talks to Fred Ehrsam of Coinbase on the practicality of the digital currency.
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