Free Talk Live - Bitcoins

Tradehill Exchange Adds Dark Pools Of Bitcoin Liquidity - Forbes

roryn3kids — Thu, 28 Mar 2013 23:54:55 +0000

Tradehill is a U.S-based exchange that falls within the definition of FinCEN’s regulations for virtual currency exchange operators. “Bitcoin’s primary use is value transmission and financial technology in the U.S. is a very regulated space,” according to Tradehill COO Ryan Singer. The company has anticipated this regulation and the recent guidance from FinCEN “really helps the startups in the space build a compliance game plan,” he added.

Bitcoin May Be the Global Economy's Last Safe Haven - Businessweek

roryn3kids — Thu, 28 Mar 2013 12:12:07 +0000

That’s where Bitcoin thrives: where people would prefer to throw in their lot with anonymous strangers instead of the world economy. It’s gold-bug thinking reinvented for an age of fluid transparency and instantaneous transactions. And as such it’s an excellent indicator of anxiety. Where you see Bitcoins in action you find a weird and heady mix of speculative angst, a fear of being left behind, and people who appear to have lost faith in institutions, who feel most left behind.

Bitcoin 'Glitch' Sparks 23% Flash Crash

STACKS — Wed, 13 Mar 2013 01:31:57 +0000

The unregulated digital world of Bitcoins suffered another flash-crash last night. According to Ars Technica, the 23% plungefest in the value of the digital currency (the second in a week) was due not to Waddel & Reed, not HFT algos, but 'forking' Cryptographic algos gone wild agreeing on different (legacy) keys as being correct - akin to finding Tungsten in your Gold bars (and hence the drop in the value). This latest glitch is different from the problem that caused Bitcoin prices to briefly crash to zero in June of 2011.

Bitcoin Basics

rjmort — Tue, 12 Feb 2013 21:27:22 +0000

An article in Linux Magazine briefly describes the history and basics of bitcoins.

The Origins of Bitcoin

snowdog2012 — Mon, 08 Oct 2012 15:47:16 +0000

A graphical visualization of approximately the first 1000 transactions starting at block 0 on the bitcoin network.

Each dot is a bitcoin address ("Hello!" when it appears). There is a line between dots when there is a transaction between them ("Transfer"). The size of the dots represent the amount of "influence" that address has (PageRank). It is sized relative to the probability that a bitcoin will end up in that address given the transactions that have been seen.

10 fake gold bars turn up in Manhattan

razorboi — Mon, 24 Sep 2012 07:19:20 +0000

Fake gold bars turn up in Manhattan. 10 tungsten filled gold bars have turned up. Another reason to buy bit coins.

Bitcoin-funded debit/credit card coming in 6-8 weeks

snowdog2012 — Wed, 22 Aug 2012 08:35:39 +0000

Users of electronic cash protocol Bitcoin might soon have another way to access and spend funds...Charlie Shrem...revealed that his company was 6-8 weeks away from launching a Bitcoin-funded international debit / credit card that will be issued by two unnamed major banks: one international and one domestic...the card will function like a regular debit or credit account and should be accepted wherever MasterCard is accepted – virtually everywhere. The first 1,000 cards will be given away for free but after those have been spoken for, expect to pay around $10 for a card.

Can Bitcoin Survive? Is It Legal?

Mattfree88 — Sun, 20 Nov 2011 17:11:23 +0000

Can Bitcoin Survive? Is It Legal?

Bitcoin – the online currency used to buy Alpaca wool socks and illegal drugs whose value dropped from $17.50 to “pennies” after a June 19 hack into its currency exchanger, Mt.Gox –has gotten plenty of media attention. But unless consumers and merchants can be persuaded that adopting it will make them better off, it’s likely to go the way of other online currencies.