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761  Bitcoin / Press / 2012-09-10 rt.com - Hustler's Larry Flynt offers $1 million for Romney financial on: September 11, 2012, 07:23:15 AM
Quote
Hustler's Larry Flynt offers $1 million for Romney financial records

2012-09-10

http://rt.com/usa/news/flynt-romney-records-tax-802/


...
The news of Flynt’s proposal comes only days after an unidentified party first circulated a message on the Internet suggesting that a security breach at the Tennessee offices of Romney’s accountants, PricewaterhouseCoopers, had allowed an unauthorized person to come into possession of the candidate’s earlier records. According to that claim, an encrypted file containing Romney’s tax history will be distributed to the news media this month and the key to decoding the contents will be sent out on September 28 unless the Romney campaign pays a $1 million ransom in the form of the Bitcoin crypto-currency.
...
762  Bitcoin / Bitcoin Discussion / Re: humble bundle and bitcoin on: September 11, 2012, 01:03:38 AM
The EFF is a pathetic shadow of it's founding mission.
If they had taken this attitude towards encryption - we'd never have had freely available crypto.

That they do a hell of a lot of good in other areas is nice - but the damage they also do is a serious stain upon them.

The world would be worse off without the EFF - but on the other hand, they're occupying a space that could be filled by something better, and perhaps stopping that 'something better' from materialising. Sad.


763  Bitcoin / Bitcoin Discussion / Re: Response on: September 11, 2012, 12:46:08 AM
My impression of Matthew is one who is(was?) both naive and excessively confident in his own opinions. It's a dangerous mix.
I was quite floored by the certainty with which he (incorrectly) proclaimed that the recent leaked FBI bitcoin report was 'fake'.

Sad that we lose the sheer drive and enthusiasm he has for getting things done - but I have to agree with others that it's reasonable to view this as a debt he owes and reneged on.

It raises interesting questions about bankruptcies and Bitcoin.  Bitcoins make it so much harder to know when/if someone has paid all they can to creditors.
Still, there are old-skool methods of hiding assets amongst family/friends so I guess it just makes it a bit easier for the defaulters.
In this case though, he doesn't seem to be acknowledging the debt or even attempting to repay to the extent of his capacity.

BTCST + 'the bet' = Another depressing Bitcoin clusterfuck.

764  Bitcoin / Press / Re: 2012-09-06 AmericanBanker.com Romney Shakedown Attempt Shows Bitcoin's Launde... on: September 10, 2012, 10:53:03 PM
Apparently we have the CLAG to thank for this article:
http://law.olemiss.edu/student-run-clag-publishes-on-bitcoin-in-american-banker/


see also:
[ANN] Cryptocurrency Legal Advocacy Group (CLAG)
https://bitcointalk.org/index.php?topic=76216.0)
765  Bitcoin / Press / 2012-09-10 scpr.org - Does Mitt Romney have a Bitcoin problem? on: September 10, 2012, 10:47:05 PM
Quote
Does Mitt Romney have a Bitcoin problem?

Matthew DeBord
2012-09-10

http://www.scpr.org/blogs/economy/2012/09/10/9897/does-mitt-romney-have-bitcoin-problem/?utm_source=dlvr.it&utm_medium=twitter

There hasn't been much movement on last week's news that Mitt Romney's tax returns were hacked and that the hackers have demanded a $1-million ransom to not release them to the media — a ransom payable in the peer-to-peer cybercurrency Bitcoin, about which I have been frequently writing for the past few mon
...

So to answer my own question from the title of this post, Romney doesn't have a Bitcoin problem. He — or more accurately, PricewatershouseCooper, his accountants — could have a tax-return problem, if hackers are running around with financial information that Romney would rather not have the public see.
766  Bitcoin / Press / Re: NEW articles in Press Forum on: September 10, 2012, 10:28:46 AM
2012-09-10 dgcmagazine.com - http://www.dgcmagazine.com/wrestling-with-bitcoin-why-even-hard-core-goldbugs-should-respect-and-support-cryptocurrencies/

https://bitcointalk.org/index.php?topic=108346.0
767  Bitcoin / Press / 2012-09-10 dgcmagazine.com - Wrestling with Bitcoin. Why even hard-core goldbugs on: September 10, 2012, 10:28:19 AM
Quote
Wrestling with Bitcoin. Why even hard-core goldbugs should respect and support cryptocurrencies.

Julia Dixon
2012-09-10

http://www.dgcmagazine.com/wrestling-with-bitcoin-why-even-hard-core-goldbugs-should-respect-and-support-cryptocurrencies/

Don’t get me wrong, I’m not suggesting you sell your gold for Bitcoins. What I’m saying is although they may not realize it, Bitcoin is a goldbugs friend. It has a real chance of changing the way the average person thinks about money and that is good news for anyone who is not a fan of fiat.

...

The decentralized nature of cryptocurrencies make them flexible and difficult to regulate. But what is most important about Bitcoin, is its ability to get people to think about money differently. It has the ability to draw the average Joe into the world of alternative currencies. And as such, any enemy of fiat should be a friend of Bitcoin.
768  Economy / Trading Discussion / Re: Interesting conversation with a retailer who formerly accepted Bitcoin on: September 10, 2012, 08:27:25 AM
My tea arrived here in Sydney Australia today - thanks nmteaco!

Customs opened the package to inspect - but apparently the inspection showed 'no items of quarantine concern'
I found this slip in the outer package:


The tea arrived in a vacuum sealed black package - which I assume is the original as it didn't look tampered with.
This surprised me a little, because I dont' see how they could actually examine it close enough to ensure it was what the label said it was....

Perhaps they were just ensuring it was properly sealed and professionally packaged?
769  Bitcoin / Press / Re: NEW articles in Press Forum on: September 10, 2012, 06:42:40 AM
2012-09-10 scmagazine.com.au - Aussie coppers bedeviled by online contraband networks

https://bitcointalk.org/index.php?topic=108323.0
770  Bitcoin / Press / 2012-09-10 scmagazine.com.au/itnews - Aussie coppers bedeviled by online contra on: September 10, 2012, 06:39:22 AM
Quote
Aussie coppers bedeviled by online contraband networks
War on the Silk Road requires legal barriers dismantled and police technical skills to be mapped.

Darren Pauli
2012-09-10

http://www.scmagazine.com.au/News/314984,aussie-coppers-bedeviled-by-online-contraband-networks.aspx
(also here: http://www.itnews.com.au/News/315014,police-struggle-with-online-drug-networks.aspx)

...
Each element of Silk Road transactions is wrapped in security. The site operates as a hidden service that hides its server IP address, while users connect through the Tor network which is constantly tested for security holes by thousands of users. Users buy drugs, weapons and other contraband through the untraceable BitCoin online currency.
...

Quote
The report flagged possible attacks against the Tor network, and cited previous research including Perez-Gonzalez and Crandall's timing and fingerprint analysis, and man-in-the-middle attacks against exit nodes. It said it was unknown if the latter attack was possible against Tor hidden services.


771  Economy / Speculation / Re: What do you base your speculation on? on: September 10, 2012, 06:17:51 AM
I base mine on gut feeling about bitcoin news and scandals.

This has been unsuccessful for me.
I only trade with pretty small amounts, and I made about 2 bitcoins last month doing the occasional day trade - but it wasn't worth the time and stress.


Now I'm holding some USD when I'd prefer to be all BTC.  If the price doesn't drop soon then I guess I'll buy back in at a loss and wipe out my previous little BTC gains plus some. :/


Basically - I suck at day trading, but every now and then I forget that and get sucked in to giving it another whirl.
772  Bitcoin / Press / Re: NEW articles in Press Forum on: September 09, 2012, 11:42:59 PM
2012-09-09 thefetch.com - WHAT THE FETCH IS BITCOIN?

https://bitcointalk.org/index.php?topic=108234.0
773  Bitcoin / Bitcoin Discussion / CryptoParty on: September 09, 2012, 11:40:29 PM
I'm surprised to see no talk around here of the recent 'CryptoParty' phenomenon which has been spreading largely via Twitter.

see 'CryptoParty goes viral': http://www.scmagazine.com.au/News/314275,cryptoparty-goes-viral.aspx


Recently I attended the Sydney CryptoParty, which mainly discussed Tor & GPG - but I did chat to a couple of people who had heard of Bitcoin but didn't really know much about it.  It seems like it would be the sort of crowd which would be interested in Bitcoin presentations and discussions.

Mat Holroyd (Founder of BitPiggy - https://twitter.com/matholroyd)  has produced some preliminary notes for a talk on Bitcoin at the next Melbourne CryptoParty
http://matholroyd.com/post/30983468021/preliminary-notes-for-my-intro-to-bitcoin-talk-for

I encourage all you bitcoiners to get along to a CryptoParty in your city, or start one up if necessary!

774  Bitcoin / Press / 2012-09-09 thefetch.com - WHAT THE FETCH IS BITCOIN? on: September 09, 2012, 11:32:41 PM
Quote
WHAT THE FETCH IS BITCOIN?

Kate Kendall


http://blog.thefetch.com/2012/09/09/what-the-fetch-is-bitcoin/


This week, Mat walks through one of his long-time favourite conversation topics: Bitcoin. I might have been a sceptic at first but judging from a selection of recent news stories here, here and here – he’s won, I’m finally taking notice.
...



If you’re interested in discovering more about cryptography – there are upcoming meetups (aka a ‘CryptoParty‘) happening around the globe.


I attended the 1st Sydney CryptoParty a bit over a week ago..   Bitcoin didn't come up as a general topic (they focused on Tor & GPG) , but I did discuss it with a couple of people.
The CryptoParty scene does seem like a good fit for Bitcoin.  

Mat Holroyd from the article has posted some preliminary notes for an 'Intro to Bitcoin' to be discussed at the next Melbourne cryptoparty:
http://matholroyd.com/post/30983468021/preliminary-notes-for-my-intro-to-bitcoin-talk-for

775  Bitcoin / Press / Re: NEW articles in Press Forum on: September 07, 2012, 07:25:38 AM
2012-09-07 forbes.com - BitInstant To Romney Camp: 'We'll Convert $1,000,000 USD to Bitcoin For Free.'

https://bitcointalk.org/index.php?topic=106335.0
776  Bitcoin / Press / 2012-09-07 forbes.com - BitInstant To Romney Camp: 'We'll Convert $1,000,000 USD on: September 07, 2012, 07:14:27 AM
Not our usual Forbes  correspondent!

Quote
BitInstant To Romney Camp: 'We'll Convert $1,000,000 USD to Bitcoin For Free.'


Abe Garver
2012-09-07

http://www.forbes.com/sites/abegarver/2012/09/07/bitinstant-to-romney-camp-well-convert-1000000-usd-to-bitcoin-for-free/

In what appears to be a publicity stunt, a Bitcoin transfer service has offered to waive its fee for Romney to convert $1,000,000 USD to Bitcoin for free.
...
777  Bitcoin / Press / Re: NEW articles in Press Forum on: September 06, 2012, 08:50:14 AM
2012-09-05 venturebeat.com - Bitcoin value spikes after hacker demands ransom in the currency

https://bitcointalk.org/index.php?topic=106150.0
778  Bitcoin / Press / 2012-09-05 venturebeat.com - Bitcoin value spikes after hacker demands ransom in on: September 06, 2012, 08:49:30 AM
Quote
Bitcoin value spikes after hacker demands ransom in the currency

Meghan Kelly
2012-09-05

http://venturebeat.com/2012/09/05/bitcoin-value/

Sometimes a hack has unexpected outcomes. Today, a hacker who claims to have obtained Mitt Romney’s tax returns is demanding a ransom of $1 million in Bitcoins. The hacker probably didn’t expect to improve the market for Bitcoins overall, but that’s exactly what happened, as the value of Bitcoins spiked about 6 percent today, from $10.40 per Bitcoin to about $11 per Bitcoin at the end of the day.
...

This didn't strike me as much of a spike, and I think it's just as likely due to upbeat feelings over the sheer volume of press coverage on both this and the bitfloor hack.
779  Bitcoin / Press / 2012-09-05 scpr.org - Mitt Romney's tax returns being held hostage for $1 milli on: September 06, 2012, 12:43:26 AM
Quote
Mitt Romney's tax returns being held hostage for $1 million in...Bitcoin?!

Matthew DeBord
2012-09-05

http://www.scpr.org/blogs/economy/2012/09/05/9735/mitt-romneys-tax-returns-being-held-hostage-1-mill/

Apparently, this is legitimate enough to invite the attention of the Secret Service.
...
I've written quite a bit about Bitcoin and this is the first time I've ever heard of the cybercurrency being involved with blackmail.
...
But holding the world's most coveted tax returns hostage for...one million dollars? This is new territory for the cybercurrency. Obviously, it could all be a publicity stunt of some sort.
...
780  Bitcoin / Press / 2012-09-05 betabeat.com - Virtual Heist Paralyzes BitFloor, the U.S.’s #1 USD Bi on: September 06, 2012, 12:24:32 AM
Quote
Virtual Heist Paralyzes BitFloor, the U.S.’s #1 USD Bitcoin Exchange

Jessica Roy
2012-09-05

http://betabeat.com/2012/09/bitcoin-heist-bitfloor-shut-down-romanshtylman-09052012/

The problem with virtual currency is that it doesn’t take an Italian Job-style heist to make off with hundreds of thousands of dollars worth of Bitcoins.
...
Over the last 15 months, more than 290,000 BTC have been stolen, according to CNET and Bitcoin talk forum.
...
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