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961  Bitcoin / Press / 2012-07-25 guns.com - Response to Gizmodo’s “The Secret Online Weapons Store Tha on: July 25, 2012, 10:26:49 PM
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Response to Gizmodo’s “The Secret Online Weapons Store That’ll Sell Anyone Anything”

S H Blannelberry
2012-07-25

http://www.guns.com/gizmodo-secret-online-weapons-store-armory-10063.html

...
What are Bitcoins worth?  Well, as the author explains, the Bitcoin/Dollar exchange is roughly 9 to 1, meaning one can purchase a 9mm Beretta 92FS with "No scratches or dents, very slight wear from extremely light usage" for 338.69 bitcoins or a little over $3,000.  For a law-abiding citizen, the same gun will cost one $650 to $800.  See, crime doesn’t pay!
...
962  Bitcoin / Press / Re: NEW articles in Press Forum on: July 25, 2012, 10:20:29 PM
2012-07-26 brw.com.au - PILES OF CASH, REAL OR IMAGINED

https://bitcointalk.org/index.php?topic=95391.0
963  Bitcoin / Press / 2012-07-26 brw.com.au - PILES OF CASH, REAL OR IMAGINED on: July 25, 2012, 10:17:09 PM
BRW is a major Australian weekly business magazine.

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PILES OF CASH, REAL OR IMAGINED

Michael Bleby
2012-07-26


http://www.brw.com.au/p/sections/fyi/piles_of_cash_real_or_imagined_hpIQyPUuSquMjLl4y7LBoK

...
The late governor may be pleased to hear there is even a global virtual currency called Bitcoin.

Used for low-cost peer-to-peer transactions to do away with the need for centralised payment processors, it can support anonymous transactions, just like real cash. But plus ça change, plus c’est la même chose. Bitcoin is subject to the same forces that created Macquarie’s dilemma in the first place. It in effect has a fixed money supply, “bringing with it all the associated problems of money hoarding, deflation and depression historically associated with fixed currencies”, the report says.
964  Bitcoin / Hardware / Re: Bounty: a bitstream for better utilizing the Cairnsmore1 140-240btc on: July 25, 2012, 07:54:06 AM
In for 1BTC
965  Bitcoin / Press / 2012-07-24 v3im.com - Interested in Mobile Payments: Bitcoin Is Cash at a Distan on: July 25, 2012, 01:10:32 AM
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Interested in Mobile Payments: Bitcoin Is Cash at a Distance


Joe Cascio
2012-07-24


http://www.v3im.com/2012/07/interested-in-mobile-payments-bitcoin-is-cash-at-a-distance

...
The big difference between Bitcoin and hard cash–I can hand you that Bitcoin over the Internet, including across international boundaries. Think of it as “cash at a distance.”
Second, the Bitcoin network is decentralized and distributed. There’s no central authority or server. So, any bitcoins you own can’t be confiscated, frozen or garnished by any government or banking agency because there’s no one single place to go to do it. As long as you have Internet access, your bitcoins are yours to do with as you like. Sort of like cash under your virtual mattress!

I’ve got your attention now, don’t I?
...


So v3im seems to be some sort of marketing agency - which does nebulous things like 'creation of buzz'..  but this piece seems to be getting a bit of twitter traction, and if the recent '7 reasons to be wary' hit piece can get syndication.. then for balance I'd like to see this piece get a bit of loving Smiley
(I had nothing to do with this v3im piece though - just noting it here)

966  Bitcoin / Press / Re: NEW articles in Press Forum on: July 24, 2012, 10:48:14 PM
2012-07-24 americanbanker.com - It's High Time for High-Frequency Banking

https://bitcointalk.org/index.php?topic=95057.0
967  Bitcoin / Press / 2012-07-24 americanbanker.com - It's High Time for High-Frequency Banking on: July 24, 2012, 10:47:38 PM

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It's High Time for High-Frequency Banking

Philip Maymin
2012-07-24

http://www.americanbanker.com/bankthink/its-high-time-for-high-frequency-banking-1051202-1.html

...
There are certainly ways around the bureaucracy, just like there are ways around Internet censorship. Digital currencies such as Bitcoin transmit value instantaneously. High frequency banking is possible.
...


Just one mention of bitcoin - but I think it's a doozy! What.. it takes the appearance of Bitcoin on the scene for bankers to realize that people don't want to wait while someone else makes money from their transfer??? 
968  Economy / Speculation / Re: Infographic: why the sky is the limit on bitcoin prices on: July 23, 2012, 07:44:18 AM
Where does this: http://www.bbc.co.uk/news/business-18944097  21 Trillion fit in the infographic?
969  Bitcoin / Bitcoin Discussion / Re: Collecting BTC equivalent to collecting Real Coins of Historic Value? on: July 23, 2012, 05:27:44 AM
Untainted coins a probably worth a little more.  Virgin coins fresh from mining are worth more.

In order to have a mint coin you need to have been a miner that solved the block.

Would all 50 coins need to be sold in order for them to stay in tact to the next owner? I am guessing 50 coins is worth a lot more than 49.99999999 coins?

I long ago spent/sold/mixed my few 50-coin blocks unfortunately Sad

Apparently though - the Eligius pool pays out in a special transaction type so that you can get fractional 'virginal' coins.
I don't really understand how that works - but in the armory client at least, the eligius payouts show up with a 'pick' icon to indicate this.
970  Bitcoin / Press / Re: NEW articles in Press Forum on: July 23, 2012, 04:56:36 AM
2012-07-22/ 2012-03-31 papers.ssrn.com - Nerdy Money: Bitcoin, the Private Digital Currency, and the Case Against Its Regulation

https://bitcointalk.org/index.php?topic=94728
971  Bitcoin / Press / 2012-07-22/2012-03-31 ssrn.com/Temple Uni - Nerdy Money: Bitcoin, the Private on: July 23, 2012, 04:55:19 AM
posted to ssrn on 2012-07-22, apprently authored in March - but I don't recall seeing it reported anywhere.

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NERDY MONEY: BITCOIN, THE PRIVATE DIGITAL CURRENCY, AND THE CASE AGAINST ITS REGULATION


Nikolei M. Kaplanov (Temple Law Review / Temple University Legal Studies Research Paper)
2012-03-31


http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2115203

...
Since bitcoin is not run by a single company or entity, it is not possible to shut down the technology either by injunction or other action. The problem is that “Bitcoin is an open-source project” and given the nature of the technology “there is no Bitcoin company to raid, subpoena, or shut down.”361 Further, even if the bitcoin website and the source code information underlying service were removed, bitcoin itself would be unaffected.
...
Bitcoin’s design provides a useful opportunity for law enforcement to investigate criminal activity while still allowing the benefits of bitcoin to flourish unabated. One commenter explained that “every [bitcoin] transaction is written to a globally public log, and the lineage of each coin is fully traceable from transaction to transaction.”
...
The final reason to resist prohibiting or even inhibiting bitcoin lies in the fundamental concept of the Internet itself. Allowing bitcoin to operate unfettered by substantial regulation allows it to contribute towards job creation, economic growth, and opportunity.
...



...law enforcement should become familiar with the technology—especially since bitcoin provides a public log of every transaction—and use existing investigatory tools to investigate and prosecute illegal activity. Trying to prohibit bitcoin or another bitcoin-like currency would only be problematic. On the other hand, allowing bitcoin to flourish, as the law currently provides, can provide limitless possibilities in commerce around the globe.
972  Bitcoin / Press / Re: NEW articles in Press Forum on: July 20, 2012, 11:01:31 PM
2012-07-20 extremetech.com - Are FPGAs the future of password cracking and supercomputing?

https://bitcointalk.org/index.php?topic=94397.0
973  Bitcoin / Press / 2012-07-20 extremetech.com - Are FPGAs the future of password cracking and super on: July 20, 2012, 11:00:56 PM
Just one mention of Bitcoin - but nice to see it made the list in a matter-of-fact manner.

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Are FPGAs the future of password cracking and supercomputing?

Tim Verry
2012-07-20

http://www.extremetech.com/computing/133110-are-fpgas-the-future-of-password-cracking-and-supercomputing

...
FPGAs can accelerate simulations, encryption and decryption tasks, Bitcoin mining, and can even be used to brute force passwords.
...
974  Bitcoin / Press / Re: NEW articles in Press Forum on: July 19, 2012, 10:44:41 PM
2012-07-19 tom'shardware (in Italian) - Bitcoin è moneta virtuale per combattere la crisi reale

https://bitcointalk.org/index.php?topic=94198.0

975  Bitcoin / Press / 2012-07-19 tom'shardware - Bitcoin è moneta virtuale per combattere la crisi on: July 19, 2012, 10:43:40 PM
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Bitcoin è moneta virtuale per combattere la crisi reale
(Bitcoin is virtual money to fight the real crisis [machine translated title])

Elena Re Garbagnati
2012-07-19

http://www.tomshw.it/cont/news/bitcoin-e-moneta-virtuale-per-combattere-la-crisi-reale/38733/1.html


[machine translated]
...
The Bitcoin are becoming increasingly popular and this has helped to raise their value to over $ 9. One day we may make purchases on the Internet with virtual money and even pay us at the coffee bar, without any commission fees of credit cards.
...

976  Bitcoin / Press / Re: NEW articles in Press Forum on: July 19, 2012, 10:38:19 PM
2012-07-19 msnbc.msn.com/nbcnews.com - Reporter explores dark world of online weapons trade

https://bitcointalk.org/index.php?topic=94197.0
977  Bitcoin / Press / Re: NEW articles in Press Forum on: July 19, 2012, 10:37:36 PM
2012-07-19 cnet.com - As cash runs low, WikiLeaks finds way to accept plastic again

https://bitcointalk.org/index.php?topic=94195.0
978  Bitcoin / Press / Re: NEW articles in Press Forum on: July 19, 2012, 10:37:03 PM
2012-07-19 gizmodo.com - The Secret Online Weapons Store That’ll Sell Anyone Anything

https://bitcointalk.org/index.php?topic=94194.0
979  Bitcoin / Press / 2012-07-19 msnbc.msn.com - Reporter explores dark world of online weapons on: July 19, 2012, 10:36:03 PM
 In the "Technology & science" section of NBCNEWS.com
(This is a meta-article regarding sam biddle's gizmodo article: https://bitcointalk.org/index.php?topic=94194.0)

Quote
Reporter explores dark world of online weapons trade

Rosa Golijan
2012-07-19

http://www.technolog.msnbc.msn.com/technology/technolog/reporter-explores-dark-world-online-weapons-trade-897041

...
Biddle found his answer in a virtual black market called "The Armory." It's difficult to access and nearly impossible to trace, he says. Purchases there require Bitcoin, an electronic currency.
...
Once you wiggle your way through the software hurdles and encryption layers required to even locate the gun mart, find the wares you want, negotiate with a seller, and transfer Bitcoin, you still have to receive an actual shipment of guns — in real life.
...
980  Bitcoin / Press / 2012-07-19 cnet.com - As cash runs low, WikiLeaks finds way to accept plastic ag on: July 19, 2012, 10:29:19 PM
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As cash runs low, WikiLeaks finds way to accept plastic again

Don Reisinger
2012-07-19

http://news.cnet.com/8301-1001_3-57475485-92/as-cash-runs-low-wikileaks-finds-way-to-accept-plastic-again/

Following a concerted effort to starve Wikileaks of cash by cutting off its sources of funding, the controversial publisher of government and corporate secrets has found a way to once again accept donations via credit cards.
...

The organization says that its income, which has been generated through alternative funding options, like peer-to-peer currency Bitcoin and Moneygram, currently stands at "just 21 percent of operating costs."
...
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