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Author Topic: Bitcoin press hits, notable sources  (Read 401774 times)
nosfera2
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June 28, 2011, 10:42:53 PM
 #961



Shills just cannot wrap their tiny brains around decentralised concept and again calling beenz flooz cards.


They don't even realize that there is a whole world beyond the US and that even if bitcoin turned out to be illegal in the US, it would only affect a small proportion of bitcoin's userbase anyway.
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proudhon
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June 28, 2011, 11:00:00 PM
 #962


tl;dr = bitcoin will probably fail. 
error
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June 29, 2011, 01:15:03 AM
 #963


To mangle a famous quote from a famous person: Never write about something you don't understand.

15UFyv6kfWgq83Pp3yhXPr8rknv9m6581W
cbeast
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Let's talk governance, lipstick, and pigs.


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June 29, 2011, 02:44:44 AM
 #964

The author uses Flooz as an example of a failed online currency. Flooz was based in New York City. Flooz was a dotcom, bitcoin is not a dotcom. The company was investigated by the FBI. Bitcoin is decentralized. The FBI has no jurisdiction over the global economy. There is absolutely no comparison.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
MoonShadow
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June 29, 2011, 04:35:19 AM
 #965

The author uses Flooz as an example of a failed online currency. Flooz was based in New York City. Flooz was a dotcom, bitcoin is not a dotcom. The company was investigated by the FBI. Bitcoin is decentralized. The FBI has no jurisdiction over the global economy. There is absolutely no comparison.

I keep hearing about this comparison of Bitcoin to failed digital currencies, and specificly Beans and Flooz.  Yet I had never even heard of either of them before Bitcoin.  I can't see how either of them could still compare at all, did either make a market cap of over $100 million?

"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'
BkkCoins
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June 29, 2011, 05:07:53 AM
 #966

BitCoin may fail. But it won't be because it's a scam.
It will be because it was attacked and couldn't stand up to it.
With more success comes more threat of attack.
And at some point the full resources of the bank system and governments will come to bear and try to stomp it out because, eventually, it is either them or Bitcoin. Eventually.
It's much easier to kill it while it's still young (as Bob Marley once sung, "I Shot The Sheriff").

SpaceLord
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June 29, 2011, 05:49:02 AM
 #967

Mt. Gox flaw opens the door for free Bitcoins

For posterity.
Dobrodav
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June 29, 2011, 11:33:22 AM
 #968

http://www.aif.ru/techno/news/88884

Short topic on troyan-miner Trojan.NSIS.Miner.a (Kasperski lab classification).

We will  meet in not-so-distant future.
Today`s strange music :
http://www.youtube.com/watch?v=V8mCgjbBPMk
Yesterday`s  strange music:
http://www.youtube.com/watch?v=-uCTyC1FGLw
BkkCoins
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June 29, 2011, 12:00:22 PM
 #969

http://www.aif.ru/techno/news/88884

Short topic on troyan-miner Trojan.NSIS.Miner.a (Kasperski lab classification).
Translating on Google it seems they tracked the mining account and notified the pool. I hope they can get a handle on this and some way that pools can prevent it.

Someone mentioned that this could lead to splitting the block chain and taking control of funds but that could only happen if the pool was controlled criminals not the miners.

Is it not the pool controller that writes the block, and not the miners? I don't think the number of miners in a pool has any bearing. It's the number of (pools + solo miners) combined that would be the quantity to monitor.

kiba
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June 29, 2011, 12:13:46 PM
 #970

BitCoin may fail. But it won't be because it's a scam.
It will be because it was attacked and couldn't stand up to it.
With more success comes more threat of attack.
And at some point the full resources of the bank system and governments will come to bear and try to stomp it out because, eventually, it is either them or Bitcoin. Eventually.
It's much easier to kill it while it's still young (as Bob Marley once sung, "I Shot The Sheriff").

As always, there's the option of "if you can't beat them, join them".

Traditional banking and bitcoin does not always have to be opposed but it is traditional banking that have to change their way, not bitcoin.

styrfoem
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June 29, 2011, 02:10:30 PM
 #971

http://www.good.is/post/why-bitcoin-is-a-scam/?utm_content=image&utm_medium=hp_carousel&utm_source=slide_5

hehe, oh the intellect of some! i guess a license to write is not dependent on your understanding of the letter you pen...

http://www.miningmonitor.com/styrfoem | 2x Sapphire ATI RADEON HD 5830 | 1x Sapphire ATI RADEON HD 5870 | Thermaltake TR2 RX 850W |Cooler Master |ELITE 430 | ASROCK 890GX Extreme4 | AMD Athlon II X2 265 | Microsoft Windows 7 Ultimate | 13Pgach5Qpj3nis17gCnsgwdb1CLrDkBsX
BkkCoins
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June 29, 2011, 02:19:56 PM
 #972

http://www.good.is/post/why-bitcoin-is-a-scam/?utm_content=image&utm_medium=hp_carousel&utm_source=slide_5

hehe, oh the intellect of some! i guess a license to write is not dependent on your understanding of the letter you pen...

He gets it wrong almost right of the bat when he says "decoders" get a 50 BTC bounty. I wish I could get 50 BTC for "decoding the block". And he seems to not realize the system isn't designed based on "trust" but rather on cryptographic reliability. No one is trusted, all facts are checked cryptographically. I didn't read much further when I figured out he didn't get it at all.

MoonShadow
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June 29, 2011, 02:29:51 PM
 #973

http://www.good.is/post/why-bitcoin-is-a-scam/?utm_content=image&utm_medium=hp_carousel&utm_source=slide_5

hehe, oh the intellect of some! i guess a license to write is not dependent on your understanding of the letter you pen...

He gets it wrong almost right of the bat when he says "decoders" get a 50 BTC bounty. I wish I could get 50 BTC for "decoding the block". And he seems to not realize the system isn't designed based on "trust" but rather on cryptographic reliability. No one is trusted, all facts are checked cryptographically. I didn't read much further when I figured out he didn't get it at all.

It's not even a decent hit piece.  I don't think the author is being malicious, he is just poorly informed.  There will come a day that he will regret his current position.

"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'
bitcola
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June 29, 2011, 05:53:37 PM
 #974

http://www.good.is/post/why-bitcoin-is-a-scam/?utm_content=image&utm_medium=hp_carousel&utm_source=slide_5

hehe, oh the intellect of some! i guess a license to write is not dependent on your understanding of the letter you pen...

He gets it wrong almost right of the bat when he says "decoders" get a 50 BTC bounty. I wish I could get 50 BTC for "decoding the block". And he seems to not realize the system isn't designed based on "trust" but rather on cryptographic reliability. No one is trusted, all facts are checked cryptographically. I didn't read much further when I figured out he didn't get it at all.

It's not even a decent hit piece.  I don't think the author is being malicious, he is just poorly informed.  There will come a day that he will regret his current position.

He seems to associate it with hackers and has a major agenda against them. Just look at his opening diatribe: "In 2009, Satoshi Nakomoto (possibly a real person, possibly a pseudonym for one or more hackers) invented Bitcoin"

WTF?  Roll Eyes Roll Eyes
silversurfer
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June 29, 2011, 06:05:00 PM
 #975

Rocketboom

Bitcoins: http://www.youtube.com/watch?v=9LaSrxtWfgc

That which is falling should also be pushed.
BitterTea
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June 29, 2011, 06:29:34 PM
 #976


This. Is. Awesome. Except, flat money?!  Cheesy
BkkCoins
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June 29, 2011, 06:56:17 PM
 #977

I was wondering if that was a joke/pun on purpose, or she just read the tele-prompt wrong...

SpaceLord
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June 29, 2011, 07:08:13 PM
 #978

You Can Now Use BitCoins in the Real World - Gizmodo
charliesheen
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June 29, 2011, 07:10:02 PM
 #979

Link from above post

Seaco
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June 29, 2011, 07:20:24 PM
 #980



for our spanish speaking coinerds:


http://www.bbc.co.uk/mundo/noticias/2011/06/110624_divisas_moneda_virtual_bitcoins_sao.shtml


Although a tad negative, as they say, there is no such thing as bad press!
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