Thanks for speedy reply, web site is working and I send one time last week....Could servers be down? I'll be back later and will send tx address. Cheers!
I've never heard of this site before and there's no relevant google search results. It looks like it has been created very recently just to scam people. How did you find that site and what made you sign up with them?
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Perhaps a withdrawal through CEX.IO back to my bank card?
Yup, and then transfer from bank to paypal. You could also use Circle, it's pretty fast. If you want to sell BTC and get paid directly to paypal, you could use Coinimal.com (for Europe), but be aware that it could take a little while, and that PayPal will rip you off on any foreign currency conversion (ie EUR to GBP)
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Very sorry about that. Deleted my post. When I went to the site it still had the investment tab.
Best of luck with your site, glad you seemed to follow my advice!
StuNa or whatever your name is. Save your advice. Think of how to run your site and get of peoples site. The is a recent alligation of you taking someones 13btc deposit. Please settle that m also improve your support then come give others advice Why would you dig out and quote a post from 2014? If you have any issues with stunna/primedice just post it in their thread (or start one in Scam Accusation).
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KNC Miner should have focused on getting a cheap supply of electricity. Geothermal sounds cheap and I assumed Iceland was the world's top producer until I checked on Wikipedia. It says the USA produces the most, and Iceland's in seventh place. China is at the bottom of the list, so geothermal might be a weak spot for its miners. United States Philippines Indonesia Mexico New Zealand Italy Iceland https://en.wikipedia.org/wiki/Geothermal_electricityIt doesn't really matter whether geothermal energy is cheaper to produce. Unless miners are capable of building their own geothermal plants, what really matters is how much the suppliers charge the end-users. And those costs are still lower in China. Off course there are number of other factors (regulations, taxes, cost of labour, cold/warm climate etc)
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Andreas is considered one of the most respected Bitcoin advocates because he doesn't take sides and tries (hard) to appear neutral. And it's not only about blocksize, but also about altcoins etc.
If he was to declare his support to one 'camp' (or one roadmap), he'd lose a chunk of his credibility and trust from the opposing group.
And that's my only problem with him. He's too neutral, almost like a politician who tries to please everyone.
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Same article, different source, so not a duplicate. The original apparently was published by Agence France-Presse.
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Japan Regulates Virtual Currency After Bitcoin Scandalhttp://gadgets.ndtv.com/internet/news/japan-regulates-virtual-currency-after-bitcoin-scandal-842010Japan has passed a law regulating virtual currency, after the country found itself at the epicentre of a multi-million dollar embezzlement scandal following the spectacular collapse of the Tokyo-based MtGox Bitcoin exchange.
Once one of the largest, most established exchanges for the cryptocurrency, MtGox collapsed in 2014 after a suspected theft worth nearly half a billion dollars, which hammered the digital currency's reputation.
Japanese lawmakers passed a bill late Wednesday stipulating that all "virtual currency" exchanges must be regulated by the country's Financial Services Agency.
The new law defines a virtual currency as something with an "asset-like nature" that can be exchanged for goods and services. ...
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Burned By Bitcoin Scandal, Japan Is Introducing Controlshttp://fortune.com/2016/05/26/japan-bitcoin-exchanges/Japanese lawmakers have passed legislation requiring virtual currency exchanges to be regulated by the Japanese financial services authority.
The country played host to one of the most prominent bitcoin exchanges, Mt. Gox, which collapsed in 2014 due to lax security and/or fraud—its users are still trying to claw back the millions they lost.
The episode led to a flurry of activity as no-one was quite sure who was responsible, or what the status of bitcoin actually was. At the time, the government said any regulation should be international in nature. ...
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Lost your shirt in the MtGox Bitcoin mess? Release the Kraken!http://www.theregister.co.uk/2016/05/25/kraken_mtgox_bankruptcy/The operators of the Kraken alt-coin exchange will distribute $91m in Bitcoins to people left out of pocket by the 2014 MtGox collapse.
Kraken, appointed to oversee what remains of the MtGox estate, says it has reviewed thousands of claims by MtGox's customers, who want their BTC back. Kraken will now hand out millions of dollars in the virtual currency to some of those who lost out at the (alleged) hands of MtGox CEO Mark Karpeles and company.
The claims stem from the 2014 implosion of the world's largest Bitcoin exchange. The $91m represents the scraps of digital currency MtGox held before the bankrupt biz was frozen – and Kraken is now handing over those remaining Bitcoins to some of those stiffed during the financial crisis.
"During our thorough bankruptcy investigation, we have carefully reviewed over 24,000 individual claims and made individual determinations on their validity," said trustee Nobuaki Kobayashi. ...
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History will only remember Satoshi.
I dunno bout that. Greg has a fair chance for a Nobel price with his Gregonomics. Produce less --> artificial scarcity --> consumers compete for products --> huge $$$ Flawless model. Satoshi who?
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Hackers Steal $2 Million From Bitcoin Exchange In Hong Kong, Bounty Offered To Recover Fundshttp://www.forbes.com/sites/robertolsen/2016/05/24/hackers-steal-2-million-from-bitcoin-exchange-in-hong-kong-bounty-offered-to-recover-funds/#7c04e6aa11c7For cryptocurrency enthusiasts seeking mainstream adoption, events like this are so unhelpful.
Hackers appear to have made off with the equivalent of $2 million in digital currencies from Gatecoin, according to a notice posted on the exchange’s website. The Hong Kong-based firm admitted a security breach occurred between May 9 and 12 that allowed unauthorized access to its “hot wallets” holding both Bitcoins and Ethere (a Bitcoin rival). In total, the hackers were able to steal 250 Bitcoins and 185,000 Ethers, representing 15% of Gatecoin’s crypto-asset deposits. ...
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Ethereum, explained: why Bitcoin's stranger cousin is now worth $1 billionhttp://www.vox.com/2016/5/24/11718436/ethereum-the-dao-bitcoinBitcoin has struggled to live up to the hype that surrounded its emergence into the mainstream three years ago. Despite more than a billion dollars of venture capital funding, Bitcoin startups have failed to develop applications that appeal to mainstream customers. And over the past year, the Bitcoin community has become paralyzed by a bitter feud over how — and whether — to expand the network's capacity.
The result: For the first time since its creation, Bitcoin is in danger of losing its status as the world's leading cryptocurrency. The new challenger is a Bitcoin-like technology called Ethereum that has seen a surge of interest from users, developers, and the corporate world. The network's currency, called ether, is now worth more than $1 billion — that compares to Bitcoin's total market value of nearly $7 billion. Last week, a leading Bitcoin startup called Coinbase announced it was adding support for Ethereum to its popular currency trading platform. ...
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Apparently they spent all their money and have none left. Too much hype in the early days and no profits miles down the road. adios coinbase.
Source? Google gives me nothing
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safedice.com website has been down for a while now with Error 522 message. Was the site hacked? Would be nice to have an update here so that we can all feel "safe" about our bitcoins...
They do tend to be having server issues quite often, but don't see how is that indication of site being hacked. It was up this morning (last time I checked) and there was some decent action yesterday evening. Give it a bit of time and don't be panicking just yet.
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Indians Use Bitcoins To Pay Their DTH, Mobile Bills Via Zebpay http://www.econotimes.com/Indians-Use-Bitcoins-To-Pay-Their-DTH-Mobile-Bills-Via-Zebpay-211507Bitcoin payment is showing incremental growth in terms of user base in India. Zebpay is being used as a platform by many Indian users to pay mobile, DTH bills using bitcoins.
With more people adapting to digital currency these days since it is not produced by any government or statutory authority, the virtual currency is being projected more in India.
“Users are increasingly using Zebpay to pay their mobile bills using Bitcoins and to buy vouchers for online shopping. Last month, users paid bills of more than Rs.15 lakh using Bitcoins. This number is doubling every month,” said Sandeep Goenka, co-founder of Bitcoin mobile app-based platform Zebpay.
With this technology, when a user wants to pay for a bill of, say, Rs.500, the Bitcoins from their Zebpay wallet are transferred to the company at the current bitcoin price. Later, Zebpay pays the amount in rupees to the mobile carrier companies. The value of each bitcoin is around Rs.30,000 and the price of Bitcoins depend on demand and supply, just like the price of shares. ...
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