The Bitcoin markets have been sleepy over the past week or two, and Bitcoin traders are starting to whine. What happened to the drama of hacks, the excitement of skyrocketing prices? The biggest news out of the weekend’s Bitcoin World Conference and Expo was that the organizers teased future conferences in Thailand and Amsterdam. “As fun as it was, seems there were no great world-shattering announcements that would affect the world of bitcoin in the near future,” one Bitcoiner who was present told Betabeat. “Other than more conventions as announced by Bruce.” On the Bitcoin Forum at bitcointalk.org, user tacotime wrote: “Well, someone buy or sell a bajillion BTC and do something, it’s boring as hell right now out there.”
But the Bitcoin markets may soon pick up again as a Bitcoin start-up launching later today, in partnership with one of the better-known exchanges, is likely to encourage a new crop of casual traders and the Bitcoin-curious.
Bitcoin, the sophisticated three-year old digital currency that recently spread from hackers and programmers to a less-technical set, continues to fascinate.
Bitcoin enthusiasts headed to New York this weekend for the first Bitcoin World Conference and Expo in east Midtown, an event comprised of networking; workshops on mining and coding; showcasing of Bitcoin start-ups; announcements of future Bitcoin conferences in Thailand, Amsterdam as well as a Bitcoin cruise in 2013; meals at restaurants that accept Bitcoin; and talks by e-currency luminaries including Gavin Andresen, the technical lead for the Bitcoin project.
About 75 people, all but a handful of them male, gathered this weekend in east Midtown at the Roosevelt Hotel and at the studios of OnlyOneTV, which produces the web show The Bitcoin Show and organized the conference.
Attendees included representatives from Mt. Gox, the largest exchange which is based in Japan; TradeHill, the second-largest exchange; CampBX, a Georgia-based exchange, who lost their luggage on the flight; along with a host of other Bitcoin businesses. About a third of the audience were miners; about a fourth said they’d heard of Bitcoin
before it was cool since November. Attendees wondered if the mysterious Satoshi Nakamoto, the purported and potentially pseudonymous inventor of Bitcoin who last contacted Mr. Andresen by email in April, was among them.
Thursday, August 18, hosted in by Bruce Wagner of The Bitcoin Show, at the offices of his web video studio OnlyOne.TV in Midtown Manhattan. Admission price $20. Or one Bitcoin.