FreeMoney
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Strength in numbers
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June 22, 2011, 09:12:20 AM |
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Wow. Although there are some annoying things in that article, it's really nice to see a news article on the crash that actually interviews someone relevant. It's sometimes amazing when you get that flash of memory of back when news outlets used to impartially report details and quote other people's opinions rather than just wing it with the author's interpretation presented as fact. Bleh, looks like a bad piece to me.
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Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.
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Horkabork
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June 22, 2011, 09:28:05 AM |
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Bleh, looks like a bad piece to me.
Maybe I just can't spot a bad bitcoin article anymore because I've read so many crappy opinion pieces that anything remotely resembling journalistic research appears amazing by comparison, even if their timeline is screwed up and they have the common problem of being unable to explain bitcoin.
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FreeMoney
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Strength in numbers
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June 22, 2011, 09:49:34 AM |
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Bleh, looks like a bad piece to me.
Maybe I just can't spot a bad bitcoin article anymore because I've read so many crappy opinion pieces that anything remotely resembling journalistic research appears amazing by comparison, even if their timeline is screwed up and they have the common problem of being unable to explain bitcoin. Lol, true. I never really expected good explanations in 'real' press, now my bar is "was not malicious, just wrong". This one still makes it sound like a coin was actually worth .01 for a while and maybe still is. It should have been mentioned (even stressed) that someone was selling coins they couldn't keep for themselves. There was never a point where someone preferred a penny to a bitcoin. The 'value' was never .01 despite what some compromised site claimed.
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Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.
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Bezza
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June 22, 2011, 11:05:10 AM |
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speeder
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June 22, 2011, 12:49:29 PM |
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Now that is interesting. If the entire article is true, they have beaten the forums to the punch.
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Horkabork
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June 22, 2011, 01:02:42 PM |
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Now that is interesting. If the entire article is true, they have beaten the forums to the punch. Wait. How are they connecting a "lulzsec rogue" to the hack? The phrase, "are believed to be", should never ever be in allowed in a news article unless your source would be in some sort of danger. Even then, you should give some reference to the validity of the source. They might as well be reporting what a magical 8 ball told them when they asked it about the hack. This is especially so if it's the lynchpin of your headline.
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FatherMcGruder
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June 22, 2011, 02:13:51 PM |
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The phrase, "are believed to be", should never ever be in allowed in a news article unless your source would be in some sort of danger. Even then, you should give some reference to the validity of the source. They might as well be reporting what a magical 8 ball told them when they asked it about the hack. This is especially so if it's the lynchpin of your headline.
The passive voice tends to annoy me, especially when writers employ it without an agent. I make an exception for scientific texts, but only begrudgingly.
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Use my Trade Hill referral code: TH-R11519 Check out bitcoinity.org and Ripple. Shameless display of my bitcoin address: 1Hio4bqPUZnhr2SWi4WgsnVU1ph3EkusvH
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charliesheen
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June 22, 2011, 10:01:58 PM |
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spam the msnbc comment section with factual information about bitcoin!
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bitboy
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June 23, 2011, 01:11:27 AM |
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Doug Casey on Bitcoin and Currencies(Interviewed by Louis James, Editor, International Speculator)http://howestreet.com/2011/06/doug-casey-bitcoin-currencies/
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I did not receive any private messages or instruction from anyone before, and when I first created those graphics, not even from SN.
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Vladimir
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June 23, 2011, 01:41:50 AM |
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Doug: It’s a sign of the times. Lots of people are actively looking for an alternative to the dollar. I think Bitcoin is a very good thing, in principle. But after the recent disastrous hack, it’s probably a dead duck, at least in version 1.0.
Stopped reading right here. Doug has no clue.
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em3rgentOrdr
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June 23, 2011, 01:56:03 AM |
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Doug: It’s a sign of the times. Lots of people are actively looking for an alternative to the dollar. I think Bitcoin is a very good thing, in principle. But after the recent disastrous hack, it’s probably a dead duck, at least in version 1.0.
Stopped reading right here. Doug has no clue. Wow. Doug Casey is someone I respect and admire his intelligence and humor. I think Stefan Molyneux said it best: the hacking attempts are simply proof that bitcoin has value, and there are bad guys out there who will steal valuables. Eventually there will be entrepreneuers out there who will provide multiple levels on encryption to safeguard your valuables. Anyway, I propose that the bitcoin client code be modified to require the user to enter a passphrase that will PGP encrypt the user's wallet.dat by default.
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"We will not find a solution to political problems in cryptography, but we can win a major battle in the arms race and gain a new territory of freedom for several years.
Governments are good at cutting off the heads of a centrally controlled networks, but pure P2P networks are holding their own."
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Longmarch
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June 23, 2011, 02:23:31 AM |
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From the Doug Casey article... Frankly, I can’t see why anyone would, when there’s already an electronic digital currency like Bitcoin but backed with gold: GoldMoney. I should disclose that I’m a small investor in the company. But I have to say that I really do like GoldMoney. It does everything Bitcoin does — or did — but is backed by something of real value: gold. That means it’s not just an abstraction, but an actual store of wealth. The ultimate proof of that is that you can take delivery of your gold if you want to. With Bitcoin, there’s nothing to take delivery of. I don’t understand why anyone would use Bitcoin when they can use GoldMoney, which does all the same things but has real backing.
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Kid81
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June 23, 2011, 05:06:21 AM |
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Cluster2k
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June 23, 2011, 05:15:22 AM |
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Well there you go. Bitcoin is a "money making racket". Over the past two weeks popular media has labeled bitcoin as the currency of choice for drug dealers, money launderers and now it's a racket (hence implying the whole thing is illegal). Fantastic. I'm sure merchants are lining up to support bitcoins with this kind of publicity.
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Cluster2k
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June 23, 2011, 05:24:59 AM |
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Now that is interesting. If the entire article is true, they have beaten the forums to the punch. LulzSec has become the new electronic boogeyman, akin to Al Qaeda. Over the past few years whenever an attack occurred the media would label it as 'bearing all the hallmarks of Al Qaeda' within hours of the attack, regardless of any investigation or conclusive evidence. Now we'll have LulzSec being blamed for every electronic intrusion and DDoS. They must be loving the attention.
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