20 Oct '13, 1pm

Silk Road shutdown doesn't spell the end for Bitcoin - Sydney Morning Herald #bitcoin

Silk Road shutdown doesn't spell the end for Bitcoin - Sydney Morning Herald #bitcoin

Bitcoin: The fall of Silk Road may not spell the end for the digital currency. Photo: Reuters After a torrent of bad news, the digital currency Bitcoin has survived to fight another day. According to one economist, the next battle is likely to be with the government . Bitcoin is an open-source, decentralised, digital currency, whose production is designed to simulate the mining of a commodity, like gold. Mining bitcoins is, obviously, a bit different: Bitcoin clients, which anyone can run, race to solve cryptographic puzzles. Those that reach certain milestones first receive the new bitcoins with ever decreasing frequency, in order to keep an influx of users from changing the number of bitcoins in existence too quickly (and ultimately to stop production of bitcoins altogether). The new bitcoins are then added to the network, and validated by all other Bitcoin users. The cu...

Full article: http://www.smh.com.au/technology/technology-news/silk-roa...

Tweets

Coming soon: Silk Road the movie starring bitco...

coindesk.com 21 Oct '13, 9am

Will Ben Affleck be the one to make bitcoin a household name? The director’s chair has yet to be decided, but one thing’s ...

Bitcoin And The Silk Road | by @mikevolkov20

Bitcoin And The Silk Road | by @mikevolkov20

jdsupra.com 18 Oct '13, 6pm

The advent of the Internet is not all positive – criminals like to use the Internet and they are very good at doing so.Â...

Bitcoin prices rebound after Silk Road closure

mobilepaymentstoday.com 21 Oct '13, 5pm

The digital peer-to-peer currency Bitcoin has seen its price bounce back after a market crash in April. The price on Mt. G...

Silk Road case could set bitcoin legal precedent against self-incrimination

Silk Road case could set bitcoin legal preceden...

coindesk.com 18 Oct '13, 11am

Now that an all-star attorney has been selected for the Silk Road operator’s defense, the big show moves to key disclosure...

Bitcoin Continues To Go On An Insane Surge

Bitcoin Continues To Go On An Insane Surge

businessinsider.com 22 Oct '13, 9am

We mentioned yesterday how the digital currency Bitcoin was on an insane price surge, despite the collapse of the infamous...

Even @MarsOneProject knows that Bitcoin is the currency of the future!

Even @MarsOneProject knows that Bitcoin is the ...

mars-one.com 20 Oct '13, 8pm

Menschliche Besiedlung des Mars im Jahr 2023 Mars One wird die Menschheit im Jahr 2023 zum Mars bringen, um die Grundlage ...

Bitcoin bounces back from Silk Road seizure, passes $2B market cap

Bitcoin bounces back from Silk Road seizure, pa...

dailydot.com 21 Oct '13, 4pm

Bubbles burst . Ponzi schemes stole millions . Black markets were seized . Despite it all, the resilient digital currency ...

Bitcoin: I’m Not Dead Yet!: After a torrent of bad news, the digital currency Bitcoin has survived to fight an...

Bitcoin: I’m Not Dead Yet!: After a torrent of ...

slate.com 16 Oct '13, 9pm

Lobbyists will almost certainly play a role: Entire industries are threatened by Bitcoin. At a modest scale, Bitcoin provi...

Why Bitcoin Boomed During the Government Shutdown

blacklistednews.com 18 Oct '13, 2pm

Just two weeks after the Feds shuttered the Silk Road , the notorious online drug bazaar, bitcoin prices have touched a fi...

Bitcoin prices rebound after Silk Road closure ...

atmmarketplace.com 22 Oct '13, 7am

The digital peer-to-peer currency Bitcoin has seen its price bounce back after a market crash in April. The price on Mt. G...

Why Bitcoin Boomed During the Government Shutdown

yro.slashdot.org 18 Oct '13, 6am

"Just two weeks after the Feds shuttered the Silk Road , the notorious online drug bazaar, Bitcoin prices have touched a f...

Bitcoin may be let loose now Silk Road has been shut down - New Statesman #bitcoin

Bitcoin may be let loose now Silk Road has been...

newstatesman.com 15 Oct '13, 9am

A Bitcoin keychain. Photo: BTC Keychain/Flickr You can't kill Bitcoin. It will not die. The Silk Road shutdown is the seco...

FBI Silk Road shutdown will have little impact on Bitcoin cyber rackets #infosec

FBI Silk Road shutdown will have little impact ...

v3.co.uk 15 Oct '13, 7am

The FBI-led shutdown of the notorious Silk Road cyber black market will have little impact on criminals' Bitcoin-focused o...

Bitcoin after Silk Road - The Stanford Daily #b...

stanforddaily.com 12 Oct '13, 11pm

Qhen the FBI shuttered Silk Road, a popular Bitcoin-backed online black market, the value of Bitcoin fell from over $141 t...

Silk Road

forbes.com 16 Oct '13, 5pm

When Silk Road shut down, a major marketplace for Bitcoin went *poof.* The feds have said that over 9.5 million Bitcoins c...