i've noticed a few of my friends recently discovering bitcoin/ talking about it - i wish i had bought more originally (obviously). sold most before it dropped below 20.

interesting to follow anyway.

to me, it seemed that something like this currency will be implemented in some form in the future.

do you think there's a higher usage of sr/demand of bitcoins during the summertime?

blockchain/wallet is a wallet and not a client. There have been several wallets that have been hacked or where your money is stolen. However, seems good for a couple coins for lunchmoney. electrum is supposedly safe and you use a remote blockchain.

Another funny thing about this one is some folks are offering pass through bonds for this where they are personally guarenteeing a 25% return of principal in the event of default.

And even 100%, very suspicious imo. I think those are a terrible deal because people re believing that guarantee and bidding the bonds up to a point where you are only getting like 4% and a large chunk of what you have to pay isn't covered by the insurance anyway.

For example, the face value is 1BTC so it pays .07 each week, but since there is supposedly no way to lose people bid it up to 1.7. Now you are really only getting .07 for having 1.7 out there and only 1 of the 1.7 is covered by the issuer if Pirate defaults. So it's more like a 58% insured bond that pays 4.1% interest and that's if you count the insurer as 100% honest.

I stay away from the whole thing.

#3 industry on Bitcoin remains scamming dumbasses.

lol wow there are so many of them.. insane..

The rate is actually down now or going down soon, I'm not sure. To 5% at the top level I think. Will be interesting to see how long it lasts and how it unravels.

Im actually looking to buy some BTC with pokerstars USD if anyones interested? Ill send first PM if interested

Blockchain.info is not a hosted wallet. It uses clientside JS and is safer than a hosted wallet (which no one should use) and less risky than using one's own computer to host a wallet due to possibility of data corruption and getting hacked themselves (unless you want to run your desktop like a sysadmin at a bank).

Cold storage of coins can be performed with bitaddress.org with addresses generated when offline then printed out, funded and locked in a safe.

Thanks. I did not know that. I just assumed it was another wallet.

http://blockchain.info/charts/blocks-size I guess they added this info too.

https://bitcointalk.org/index.php?topic=86278.0
This thread discusses how much trust is required to use a blockchain.info wallet. It is certainly possible to get ripped off through server-side javascript code poisoning, but that wallet is very easy to use. The Android/iPhone blockchaininfo wallets do not have this vulnerability if you trust cydia/googleplay, but I like bitcoinspinner for android better.

I'm not sure that I understand exactly how bitcoins work, but I do find the concept fascinating, even if it's a bit before its time.

This is what people used to say about the internet way back when.

BTC currently at 12.34

rally!

yeah pretty amazed that it's increasing at this fast of a rate again. still doesn't beat the run up from ~17 to 30 within a day or so =)

bitcoin bubble 2.0!

omg bitcoins are crushing


first bubble was driven by media attention. theres none this time