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Author Topic: Bitcoin press hits, notable sources  (Read 406810 times)
kiba
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June 11, 2011, 11:44:33 PM
 #701


One thing he has wrong is that "gold can be infinitely mined" - in fact there is talk that not only have we reached peak oil, we have reached peak gold.

What I find particularly ingenious about the Bitcoin system is that it mimics this whole cycle. In the beginning gold was easy to find in Australia. We are still producing but its much harder.

Mine asteroids.

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timmo11
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June 11, 2011, 11:51:04 PM
 #702

http://www.dailytech.com/Digital+Black+Friday+First+Bitcoin+Depression+Hits/article21877.htm

Kinda, funny article, i guess the moral of the story is:

A 30% intraday correction after a week of rallies = depression
A correction is also = inflation

Agree with you, this article is just ridiculous....Nothing different, and nothing worrying for bitcoins, UNLESS BTCUSD falls through 18-20$ or 10$.

MtGox is quoting $14 now.... so is that worrying? Or does it have to fall through $10?

From my point of view none of this is worrying at all. There may have been a price bubble but bitcoin goes on...
nqwi
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June 12, 2011, 01:11:44 AM
 #703

Front page of http://smh.com.au (mainstream Sydney newspaper) has a big link (about 1/4 of the front page) to an article on Silk Road (referring to bitcoin).
Grant
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June 12, 2011, 06:26:01 PM
 #704

Guess this one would fit better under "Bitcoin press hits, factless journalism"

Wtf 1.:
Quote
One of the hottest new currency is the Bitcoin (BTC), which is a cool, online money used by Second Life users.
  Huh

Wtf 2.:
Quote
When Mt. Gox opened on Friday morning, the currency was worth $28.919 USD. It fell to $20.01 USD, but by the end of the day, they were back up to $24.34.
It was lower than that, 10.3x before it rallied to almost 25

Wtf 3.:
Quote
One major reason for the Bitcoin Black Friday could be the loss of PayPal as a payment method. The group banned transactions....
What group  Huh

More fantasy journalism here: http://business.gather.com/viewArticle.action?articleId=281474979436523

Neyo
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June 12, 2011, 08:00:31 PM
 #705

The Guardian writes "Bitcoin: the hacker currency that's taking over the web"

http://www.guardian.co.uk/technology/2011/jun/12/bitcoin-online-currency-us-government



NPR writes "Silk Road: Not Your Father's Amazon.com"

"Silk Road buyers and sellers use TOR, a system that allows its users to use the Internet anonymously, to log on to the site and only conduct transactions in the digital currency bitcoin, which is also untraceable."

http://www.npr.org/2011/06/12/137138008/silk-road-not-your-fathers-amazon-com
Jobbernowl
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June 12, 2011, 09:03:05 PM
 #706

The Guardian writes "Bitcoin: the hacker currency that's taking over the web"

http://www.guardian.co.uk/technology/2011/jun/12/bitcoin-online-currency-us-government

Quote from: Guardian.co.uk
Bitcoin: the hacker currency that's taking over the web
This article was published on guardian.co.uk at 20.00 BST on Sunday 12 June 2011. A version appeared on p2 of the G2 section of the Guardian on Monday 13 June 2011.
This is by far the most high-profile story about Bitcoin in the UK so far. The Guardian is a very well respected newspaper here.
mewantsbitcoins
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June 12, 2011, 09:08:56 PM
 #707

Strap on your bicycle helmets  Grin
elewton
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June 12, 2011, 09:27:03 PM
 #708

Bitcoin is going to be discussed at live.twit.tv, this time.  I'm pretty sure.  I'm going to try to correct any glaring errors.
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June 13, 2011, 01:48:03 AM
 #709

The Guardian writes "Bitcoin: the hacker currency that's taking over the web"

http://www.guardian.co.uk/technology/2011/jun/12/bitcoin-online-currency-us-government



NPR writes "Silk Road: Not Your Father's Amazon.com"

"Silk Road buyers and sellers use TOR, a system that allows its users to use the Internet anonymously, to log on to the site and only conduct transactions in the digital currency bitcoin, which is also untraceable."

http://www.npr.org/2011/06/12/137138008/silk-road-not-your-fathers-amazon-com


Can't say that nobody saw that coming. I've been reading these articles, and of course they sound utterly ridiculous to us. But when I showed the article to someone at work, they were like, "What are you involved with?" Because to anyone who doesn't understand, this makes it seem like Bitcoins are solely used to buy drugs.

Gun accessories - www.shamblindistribution.com

My list of sites giving away btc - http://davidshamblin.com/bitcoin/free-bitcoins/
Gandlaf
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June 13, 2011, 03:37:35 AM
 #710

Chaosradio Express - Elektronisches Geld
http://chaosradio.ccc.de/cre182.html

First time senior members of the CCC publicly provide an opinion(quite positive what the technical implementation is concerned). Unfortunately only in German.

Bitcoin donations: 1hWi34by8KRLEh4san5Eotz5WzU3AJZA5
Garrett Burgwardt
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June 13, 2011, 03:50:50 AM
 #711

Not exactly 'press'

http://hijinksensue.com/2011/06/10/a-bit-of-confusion/
SpaceLord
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June 13, 2011, 06:54:07 AM
 #712

Cracking the Bitcoin: Digging Into a $131M USD Virtual Currency - great, balanced article on BitCoin from DailyTech.com
slothbag
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June 13, 2011, 07:53:26 AM
 #713

First mention of Bitcoins in the Australian mainstream media that i've seen.

http://www.abc.net.au/unleashed/2754260.html

Sadly its a story about Silk Road, but Bitcoin is mentioned objectively.
zef
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June 13, 2011, 12:43:21 PM
 #714

somewhat balanced article on the political and ideological sides to bitcoins

http://www.economywatch.com/economy-business-and-finance-news/bitcoins-the-politics-of-a-virtual-currency.13-06.html
Bimmerhead
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June 13, 2011, 04:04:04 PM
 #715

If you see incorrect reporting on bitcoin in an American publication you can report it here:

http://www.mediabugs.org/

They will open a discussion space for the news 'bug', and will try to contact the reporter or organization that made the error.  Sometimes corrections will be issued.

There is something similar for Canadians at http://www.regrettheerror.com/, though it looks like only the webmaster can post the errors.

Auroracoin forum: http://auroraspjall.is/   Auroracoin-enabled Q&A: https://spurt.is/
AuroracoinLocal: https://www.skiptum.is/   Auroracoin twitter tipping: http://auroratip.auroracoin.io/#/
MoonShadow
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June 13, 2011, 04:12:49 PM
 #716

http://www.dailytech.com/Cracking+the+Bitcoin+Digging+Into+a+131M+USD+Virtual+Currency/article21878.htm

Looks like DailyTech has taken the time to actually understand the system before reporting.

EDIT:  Looks like I was slow on posting this one.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
SgtSpike
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June 13, 2011, 04:40:11 PM
 #717

PCMag writes about Bitcoins: The Currency of Hackers

Not much substance, but a notable source nonetheless.

http://www.pcmag.com/article2/0,2817,2386812,00.asp
sanjay
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June 13, 2011, 05:36:06 PM
 #718

I got my friends turned on to BTC and the featured it on their blog: http://newtechpost.com/2011/06/09/bitcoin-global-decentralized-currency-with-no-central-bank

They had interviewed me about my company a few months back and I mentioned my love of bitcoins so they followed up with a nice piece!

1Jf48wufcDpPQ2EEgX1jUULuTHVzDhqBSF
Neyo
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June 13, 2011, 07:01:38 PM
 #719

Bitcoin’s Black Friday
http://ftalphaville.ft.com/blog/2011/06/13/592661/bitcoins-black-friday/

"The digital currency has not gone unnoticed by the City either. On Monday, this little tidbit was floating around London’s trading community — fired off by a currency trader at a leading bank:

We noticed the amazing rally of the Bitcoin vs the dollar. The peer-to-peer virtual currency has risen as much as 5600% against the USD over the last year, trading from $0.5 to a little over $28 at last Thursday’s close. To put this into perspective, if we saw ‘cable’ make the same move in the next year, £1 would be worth $9,515.68 — anyone making that currency play would literally coin it in…"
Neyo
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June 13, 2011, 08:12:10 PM
 #720

The Economist - "Virtual curreny:Bits and bob"

http://www.economist.com/blogs/babbage/2011/06/virtual-currency
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