OT: Ray, how's your Bitcoin investment going?

[pbarry]

Originally Posted by Louis

About 15 minutes ago I almost looked for this thread to bump it (because of this news) but decided against it...

And then you bumped it up further since Tony T. "did it first"..

In Fourth grade we'll talk more about Geography, improve our Spelling and Grammar, and work on harder Math problems.

[Louis]

Originally Posted by pbarry

And then you bumped it up further since Tony T. "did it first"..

Pots, kettles, and all that...

You're just upset because Matt dredged up that Soylent thread that got you so worked up a while back.

[unterhausen]

I suppose the day over day decline was precipitous, but the decline of the bitcoin has occurred at a steady rate over the last year so I'm not sure how it is news. Don't think I've seen a chart that followed a straight line for quite so long. My advise, "don't get in front of that train"

[MattTuck]

bitcoin up 7% after this fiasco in Greece.

[Tony T]

Looks like the creator of Bitcoin has been identified:
http://gizmodo.com/this-australian-s...-bi-1746958692
http://www.wired.com/2015/12/bitcoin...ralian-genius/
http://www.nytimes.com/2015/12/10/wo...T.nav=top-news

[grawk]

Originally Posted by Tony T

Looks like the creator of Bitcoin has been identified:
http://gizmodo.com/this-australian-s...-bi-1746958692
http://www.wired.com/2015/12/bitcoin...ralian-genius/
http://www.nytimes.com/2015/12/10/wo...T.nav=top-news

or someone who wants people to think he's the inventor of bitcoin...

[Tony T]

The evidence in the articles is compelling
(Wired 'acknowledged that the trail of clues could be a hoax, but it added: "If Wright is seeking to fake his Nakamoto connection, his hoax would be practically as ambitious as Bitcoin itself." ')

[grawk]

Wired has been similarly convinced about other people in the past, however.

Edit. That evidence does look pretty clear, tho.

[Tony T]

Originally Posted by Tony T

Don't follow bitcoin, but this caught my eye tonight:
WSJ: Bitcoin's Plunge Bites "Miners" (Jan 2015)

Bitcoin's value fell 21% to $179.37 late Wednesday, according to news service Coindesk.

The virtual currency, which proponents hail as a potential alternative to mainstream money and critics dismiss as a fad or a haven for money-laundering, has fallen 44% since the start of the year and 85% from the record high of $1,165 it hit in early December 2013. In total, almost $11.3 billion in value has been lost since that peak.

Haven't look at this is awhile, but just saw bitcoin mentioned in a NYT article and it's currently at $1,600 — Wow!

[cash05458]

Ray, how many bitcoins for some good tape?

[MattTuck]

Originally Posted by MattTuck

Bitcoin was the new gold, but it's so played out now.

Palladium is the new bitcoin. you heard it here first

Boy was I wrong about this... written back in 2013.

Now I'm wondering how to establish smallish positions in this, ethereum and Tezos.

[William]

Originally Posted by MattTuck

Boy was I wrong about this... written back in 2013.

Now I'm wondering how to establish smallish positions in this, ethereum and Tezos.

I'm betting on good Tequila being the next big currency...just ask George Clooney.






William

[yngpunk]

Originally Posted by MattTuck

Boy was I wrong about this... written back in 2013.

Now I'm wondering how to establish smallish positions in this, ethereum and Tezos.

Not sure about Ethereum...

http://www.cbc.ca/news/technology/et...coin-1.3719009

This is a pretty good, albeit somewhat technical, article about how it Ethereum got hacked:

https://medium.freecodecamp.org/a-ha...m-9e5dc29e33ce

[efuentes]

Ethereum was not really hacked, a contract written in ethereum was hacked, a contract with really poor security, amateurish really.

What you get when web developers start writing sec software

[redir]

I read the highlights of an article the other day that bitcoin is forking. That doesn't sound too promising.