DId you hold ALL your money in cold wallets?
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Stopped after reading this sentence: Newcomers to the Bitcoin program are given a small percentage of a Bitcoin as a welcome gift.
Memo to Satoshi: I still haven't received my gift. Please send ASAP. Autofail analyst. Said analyst need to go to back to school so he does not autofail like a typical journalist again.
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Thanks for the freebie, paypal! Zip, zerio, nada, zlich.
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The audio is not loud enough :*(
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Whoa. Mindblowing. Huge.
There's nothing mindblowing about this. He's just a blip on the radar on the road to currency domination which will be at least a trillion dollars market.
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There was one run by someone who went by the name of pirate40 on bitcointalk and IRC. He promised literally unbelievable interest rates on deposits earned by him by using the deposited money in some undescribed secret investment. A surprising number of people fell for the ponzi scam and deposited a not insignificant sum of bitcoins with him. Then one day, he decided that he was going to keep all the deposited money. Lots of unhappy complaining resulted.
I knew what the scam was, I am just questioning the existence of a website operated by pirate40 for his scam.
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There are other risks as well. In recent months hackers have pulled off several Bitcoin heists, and this summer Bitcoin Savings & Trust, billed as a “Bitcoin hedge fund,” made off with more than $5 million entrusted to the site by investors, in what appears to be a Ponzi scheme. There's a site called bitcoin saving & trust?
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Hajduk says the ability to store Bitcoins on players’ computers is appealing. “At the end of the day, [the government] cannot freeze your account because they cannot kick down the door to Bitcoin,” he says. * kiba faceplams. Yes, if you are living in the US and they know that you have bitcoin!
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In August 2012, Bitcoin announced that it was launching a Mastercard debit card. Even better, the first ever Bitcoin bank was established in December. * kiba faceplams.
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Title wrongly formated.
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Yeah, a fail article. The anti-bitcoin propaganda is coming.
Deliberate or stupid?
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Bitcoin is being used in the underground economy is a good thing.
The way bitcoin wins is that everyone use it, even scumbag congressmen and the CIA.
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speaking of things that have expired you might want to update your sig....
DNS trouble, apparently. I am struggling to find a solution to my mess.
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To be honest, it's just one writer, but it does reflect badly on the magazine.
Even so, I think the magazine is occasionally great. I love to read them when they have the good story. However, today isn't it.
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*Faceplams* at the mtgox hack. Also, the news article is quite boring.
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Are we already entering the - "3. They attack you!" - phase?? .
In a few months, the attack will unfold. They will write more of their holy papers that everyone considers sacred, prohibiting various forms of Bitcoin usage, and they will find a few scapegoats to throw in a cage, to scare the rest of the cattle. You just wait. Maybe they're not evil, but are stupid. They sensationalize anything as bad as possible to drive pageviews after all.
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... Hardcore Intrade addicts can also turn to the tiny prediction market Bets of Bitcoin, where some believe converting your dollars to the internet currency Bitcoin circumvents laws around commodity options because the site isn't using a government-recognized currency.
That's the wrong reason. The usefulness of bitcoin is that it is a censorship-resistant currency, not that it is an government unsanctioned currency.
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