Online Cash Bitcoin Could Challenge Governments, Banks

Bitcoin ATMs ready to go, but only in Canada for now.

-- Tom

 

World’s First Bitcoin ATM Arrives at Coffee Shop, Goes Live Tomorrow.

-- Tom

 

Man buys $27 of bitcoin, forgets about them, finds they're now worth $886k.

The apartment cost about $177,200 ( 1/5 of the bitcoins ).

-- Tom

 

The Unreasonable Fundamental Incertitudes Behind Bitcoin Mining. (PDF)

-- Tom

 

HashFast Open Sources Bitcoin ASIC Interface Protocol.

-- Tom

 

Satoshi’s Genius: Unexpected Ways in which Bitcoin Dodged Some Cryptographic Bullets.

-- Tom

 

Bitcoin’s Computing Crisis.

-- Tom

 

Dark Wallet Will Make Bitcoin Accessible for All—Except the Feds.

-- Tom

 

RIAA: Bitcoin Makes it Hard to Track or Seize Pirate Bay Donations.

-- Tom

 

Bitcoin Is Going Totally Ballistic - Over $240.

-- Tom

 

In Australia, bitcoins can be used to buy a car.

-- Tom

 

Main Dutch food delivery website takes bitcoin.

-- Tom

 

The best way to take control of Bitcoin? Rally other greedy “selfish miners”.

-- Tom

 

Is Bitcoin Hype Making the Value Skyrocket, or the Other Way Around?
http://motherboard.vice.com/blog/the-anatomy-of-a-bubble-charting-the-bitcoin-hype-machine

 

Wall Street Analyst Explains Why Bitcoin Is Back From The Dead And Surging To All-Time Highs.

-- Tom

 

Special Report: The Highs and Hazards of Bitcoin.

-- Tom

 

The MtGox price has increased about 24% in the past 3.5 days, from 212.5 USD to 264.5 USD (52 USD increase). The increase has been consistently about 15 USD per day.

We haven't see such sustained rates of change since the April bubble and associated aftershocks. At this rate, 1000 USD is not entirely implausible.

Time will tell

Edit: It's now spiking at about 10 USD per hour

 

Bitcoin Foundation Responds To — But Doesn't Deny — Cornell Study's Claim It Could Collapse.

Related: Researchers Say 'Bitcoin Is Broken' And Could Collapse.

-- Tom

 

Silk Road II is up...any correlation?

 

Bitcoin flaw allows miners to game the system, gain control of entire network.

-- Tom

 

Hi PaulyDefran,

Silk Road II is a replacement for the original in that underground marketplace. The only correlations would be in the use of BitCoin to make a product purchase from one of the vendors on Silk Road II. I seriously doubt that there is any correlation between the runup of the value of BitCoins from the buyers in that marketplace. Probably not enough buyers to make a difference.

The runup of Bitcoin value may have more to do with greed among the major miners of Bitcoin, or even a State-run mining operation to disrupt and take it down, given there is a newly discovered flaw in it - we will just have to wait and see what happens and who are the major players when discovered after a post-mortem analysis by interested observers with the chops to dig deep into the issue and find out what is actually going on and who is behind it.

-- Tom

 

I recall reading about this vulnerability 2-3 years ago. The Bitcoin community, including miners, have been proactive about reducing miner-collective dominance.

 

Bitcoin isn’t so broken after all.

-- Tom

 

http://www.wired.com/wiredenterprise/2013/11/inputs/