Bitcoin Block Time Down 50% -- Bloomberg Bitcoin Ticker -- Lamassu Bitcoin ATM Pre-Order
MB
·
2013-08-13
·00:02:21
·MadBitcoins
August 13, 2013 -- Jakarta, Indonesia -- I'm an infinite supply and demand and I keep going and going and going... Here are Today's MadBits: Bitcoin prices trended slightly upward with a Last of $107, a High of $108, a Low of $104 and a Volume of 23,048
1.) Bitcoin Block Time Halved To Five Minut...
Summary
Here's a summary of the 2013 Mad Bitcoins episode:
1. Main Topics Discussed:
- Reduced Block Time: Bitcoin block time has decreased to 5 minutes (down 50% from 10 minutes) due to increased network hash rate and the "ASIC revolution."
- Bloomberg Bitcoin Ticker: Bloomberg is officially testing a Bitcoin price ticker (XBT) on their terminals.
- Lamassu Bitcoin ATM Pre-Orders: Lamassu is now accepting pre-orders for their Bitcoin ATM.
- Bitcoin Network Growth: The network is experiencing significant growth, exceeding initial expectations.
2. Key Quotes:
- "Bitcoin is outperforming even its creator's expectations."
- "Serious money has been put into the Bitcoin network, and it is performing beyond our wildest imagination."
- "You insert your worthless fiat currency into the Lamassu, scan the QR code with your phone and boom, you've got Bitcoin."
3. People Mentioned:
- Bitcoin's creator (unnamed)
- Clark Moody (creator of Bitcoin charts)
- Bloomberg Staff
4. Bitcoin Price:
- The episode mentions a price range of $104 - $108, with a last price of $107.
People mentioned