Monday, Apr 4th, 2011
- New IRC channel, #bitcoin-marketing
For “talk about PR, marketing strategy, and quick alerts to new media.”
- IRC: #bitcoin-marketing
- s3052’s Bitcoin Market Analysis
“If BTC/USD does not climb above $0.90 in the next 5 days, likelyhood is very high that we see a test of $0.50 in the next 1-2 months.”
Earlier in the day:
s3052’s market analysis “special update”
Short-term: DOWN. “sell off to $0.60 may well be a break down that leads to downside acceleration towards the longterm uptrend line (currently around $0.50).”
- Article / Blog post:
The Economics of Cryptocurrency by Eli Dourado, Econ PhD student at GMU
“Decentralization of the currency means that it cannot be debased, but it also means that it cannot be confiscated at an institutional level.”
- Liberty Reserve outage persists.
Announcement from Saturday asserted that service would be restored “before the end of the weekend”.
Some relying on the currency are starting to worry:
“Many short and medium term hyips will disappear because of this time-out.”
- Press: Gavin interviewed on EconTalk
EconTalk is an award winning economics podcast show hosted by Russell Roberts, economics professor at GMU and writer.
Russ commented: “I hope some of my colleagues will find this of interest.”
- download: http://files.libertyfund.org/econtalk/y2011/Andresenbitcoin.mp3
The current day’s news is always at: