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#121 . @Kraken trader. Can u pls unquote whole article, just put #number in front of your comment so we know what article you talking about. Tnx.
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1797 posts made so far. Starting today. Thanks.
I'll give it 30 seconds before somebody chimes in about how you haven't posted your BTC address  . And u edited original post  . Basically u done evrything wrong. Try again  . |
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I bought at 480$ and will sell at 600$ no less . That should be soon... Price is on the recovery lane as i see it. |
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I'm baffled by this as Bitstamp aren't widely known to pull these kind of bullshit manoeuvres but there have been complaints about this sort of thing with people who are from places like Slovakia, what country are you from?
Bitstamp is on balkan former Yugoslavia. Isn't they from Bulgaria ? Well still former Yugoslavia. Nono sorry btc-e is from Bulgaria. We here don't have any laws about that , in Serbia. So its good place for btc exchange. Also u can bribe anybody to get what u need, sooo.... |
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#116 yeah that's for sure... I am making so may posts here . I would be better of doing some random posts than this. This takes time. Also if u recal i asked if people read this . If they did not answer i would stop it. Also u can take look at poll ! And i will politely ask to remove that image . Its not suitable for this thread. Comment is fine. Ur opinion, but image ... dont see the point in it . If u can remove it, will be highly apprishiated. @MACRO Everyone sometimes can make spelling mistakes but if you wouldnt here the news would be more professional in my opinion. Im not trying to drown you but you can swim better. Jezzz.. I am so sleepy . And yes sorry for that . Will remember that! English is not my primary language. |
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#116 yeah that's for sure... I am making so may posts here . I would be better of doing some random posts than this. This takes time. Also if u recal i asked if people read this . If they did not answer i would stop it. Also u can take look at poll ! And i will politely ask to remove that image . Its not suitable for this thread. Comment is fine. Ur opinion, but image ... dont see the point in it . If u can remove it. Pls |
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Mt. Gox CEO Issues New Statement, Claims He’s Still in Japan
Nermin Hajdarbegovic | Published on February 26, 2014 at 12:20 GMT | Exchanges, Mt. Gox, News
Mark Karpeles
Mt. Gox has issued yet another brief statement and this time it is coming straight from CEO Mark Karpeles. The troubled exchange issued a very short statement late yesterday, saying that it decided to “close all transactions” for the time being in order to “protect the site” and its users.
No change
The latest statement won’t do much to reassure customers, either. Here is what Karpeles had to say:
February 26th 2014
Dear MtGox Customers,
As there is a lot of speculation regarding Mt. Gox and its future, I would like to use this opportunity to reassure everyone that I am still in Japan, and working very hard with the support of different parties to find a solution to our recent issues.
Furthermore I would like to kindly ask that people refrain from asking questions to our staff: they have been instructed not to give any response or information. Please visit this page for further announcements and updates.
Sincerely,
Mark Karpeles
It should be noted that Karpeles is still nowhere to be found. Mt. Gox moved to new offices and Karpeles isn’t talking to the media (apart from a short statement made to Reuters). This appears to be his only formal statement since the exchange was closed a few days ago.
Serious questions persist
The fact that Karpeles and the rest of the Mt. Gox team have been so secretive ever since the exchange suspended bitcoin withdrawals is just adding insult to injury. A leaked document indicates that the exchange is insolvent, quite spectacularly so.
An online chat conversation published by Fox Business last night reportedly shows Karpeles telling a consultant that he is not giving up on Mt. Gox. In the chat, Karpeles says the leaked document was not produced by Mt. Gox, but he admits that there is some truth to it.
Even before Mt. Gox closed its doors and abandoned its offices, it was in a world of trouble. It suspended bitcoin withdrawals citing technical issues, namely transaction malleability.
Shortly thereafter, members of the bitcoin community started organising protests in front of the Mt. Gox headquarters in Tokyo. For days the offices were picketed by customers demanding their cash or bitcoins back, but eventually the company simply vanished.
Two days ago Karpeles resigned from the Bitcoin Foundation’s Board of Directors. The foundation announced that Karpeles submitted his resignation and that it was effective immediately.
Now we know that Karpeles is still in Japan and that something is happening behind the scenes. The question is – what?
My toughs: Go fuck ur self and leave bitcoin alone when its on the rise again.
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Bitcoin Alliance of Canada to Host Bitcoin Expo in Toronto
Dan Palmer | Published on February 26, 2014 at 14:07 GMT | Coinbase, Events, Litecoin, News, Regulation, Startups, US & Canada
It is perhaps ironic that Canada, a country considering rather draconian regulations for cryptocurrency businesses, is to play host to what organizers claim will be “one of the largest planned international bitcoin events to date”.
The event, dubbed “Bitcoin Expo 2014”, is being hosted by the Bitcoin Alliance of Canada (BAC), and will take place in Toronto from April 11th-13th.
According to the BAC website, the prevailing theme of the event will revolve around the “growth and development of bitcoin communities worldwide with a focus on collaborative and decentralized models”.
Prominent bitcoin leaders, speakers, and businesses will be talking at the event, and Canada’s bitcoin communities and business startups will be given special prominence on a dedicated stage.
Impending regulation
Income from bitcoin transactions is already taxable in Canada and, although the government has been somewhat hands-off in its approach to bitcoin in the past, it is now threatening to clamp down on the country’s burgeoning cryptocurrency industry.
The country’s finance minister Jim Flaherty singled out bitcoin by name in his federal budget statement on 13th February, as he announced new laws to regulate cryptocurrencies.
Furthermore, after the publication of an internal governmental report, there are fears that the North American nation may try to ‘choke the oxygen’ out of its bitcoin ecosystem by denying Canadians access to foreign exchange markets.
Collaborative event
Bitcoin Alliance Canada
In spite of this, Canada currently has a thriving population of active bitcoiners and crypto companies, which the event organizers are keen to showcase.
The BAC emphasizes, however, that this is an international event, claiming it will be carried out “in a collaborative way that will benefit bitcoin communities not just in Canada but also specifically in under-developed areas and in areas where Bitcoin is still in its infancy”.
To that end, the BAC is offering scholarships to allow speakers, who might otherwise not be able to attend, the chance to make an appearance at the expo and “share valuable perspectives on bitcoin”.
BAC says that the expo will be organized and run on a non-profit basis, with all proceeds to be “returned to the Bitcoin community in a crowdsourced way”.
The speakers
Master of Ceremonies at the event will be Andreas M Antonopoulos, entrepreneur and Chief Security Officer of Blockchain.info, while over 50 notable members of the international bitcoin community will be speaking, from CEOs to libertarians and proponents of Deep Web organisations.
Notable among these are Charlie Lee, a software engineer at Coinbase and the creator of litecoin; Vitalik Buterin, co-creator of Ethereum, a decentralized mining network and software development platform; and Stephanie Murphy, co-host of the Let’s Talk Bitcoin podcast.
Jason King, founder of Sean’s Outpost – a homeless outreach programme funded by bitcoin – will also be speaking.
The venue
MTCC mapBitcoin Expo 2014 will be held at Metro Toronto Convention Center, Canada’s largest conference facility,. The venue is situated close to the city’s financial district (view an interactive map here).
The MTCC has ample parking, and a wide variety of hotels and eateries within easy reach.
Furthermore, Toronto is just an hour’s drive of the US border, for those thinking of cruising up from New York.
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Kraken Halts USD Transactions, Asks Customers to Switch to Euros
Jon Southurst (@southtopia) | Published on February 26, 2014 at 12:03 GMT | Companies, Exchanges, News
Bitcoin exchange Kraken put a brief halt on US dollar withdrawals and suspended USD deposits today, offering customers a 2% bonus to convert their balances to euros (EUR).
“Many USD withdrawals have been delayed beyond a limit we can accept, and it reflects poorly on our service,” a customer support representative said.
“All pending USD withdrawals not already in transit are being cancelled and the funds will be automatically credited back to your account.”
Customers can now select the ‘Convert USD to EUR’ option on its support page, either for one withdrawal or the entire account. Converting EUR amounts back to USD for USD-only bank accounts would incur a fee of less than 1%, Kraken said.
The problem was apparently caused by a recent increase in US dollar transaction volume, much of which came from outside the United States, and temporarily overwhelmed Kraken’s current US banking partner.
Don’t use USD
The exchange has indicated that it actually prefers customers to use non-US currencies.
Kraken CEO Jesse Powell said US dollars represented only a small piece of the company’s business, and that dealing with USD and its associated headaches cost it more in customer service and agent time than it earned in revenue.
“We’re still doing dollar withdrawals and dollar trading; we just don’t want to take any more new dollars,” he said.
“They can still withdraw, they can still trade with dollars. We just didn’t want to create any new liabilities.”
Most Kraken customers trading in USD are not even US residents. Powell recommended those customers should switch to euros, where liquidity was greater and transaction fees were lower.
“We haven’t even been going after the US market at all. We just offer the dollar because we’re able to. In hindsight we probably should not have [...] at least until we have a more robust banking partner.”
“In the meantime we’re emailing all the users with dollar balances, offering to convert their balances to euros; they can trade on the euro if they want to.”
New banking partner
The company was currently in negotiation with a couple of other banks, Powell said, and would reactivate USD deposits then.
Despite the recent debacle surrounding Mt. Gox, he said while Kraken had “not heard any panicked phone calls” the topic had a chilling effect and was bound to come up in meetings over the next couple of days.
“I don’t see the point of offering a service that’s just going to be an exercise in frustration,” he concluded.
“If it’s not a good service, if we can’t do it well, then why do it?”
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That is huge speculation. In bitcoin world we never know what will happen tomorrow . But i think btc going to 600$ staying there for a bit. Should not go under 500$ soon . Maybe if some other exchange decide to take mtgox route |
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Mt. Gox Faces US Subpoena and Investigation in Japan
Nermin Hajdarbegovic | Published on February 26, 2014 at 11:25 GMT | Exchanges, Mt. Gox, News
The Mt. Gox maelstrom is starting to attract attention from law enforcement in Japan and the US.
According to the Wall Street Journal, Mt. Gox has been subpoenaed by the US Attorney’s office in New York. Additionally, a few thousand miles west, Japanese officials have confirmed that local authorities are looking into the matter, too.
The Wall Street Journal cites an unnamed source, which revealed the federal subpoena was sent this month. Details are rather thin on the ground and at this point in time it remains unclear when the subpoena was sent, or what it is all about.
In any case, federal prosecutors don’t tend to waste their time in vain and the fact that the attorney’s office is declining to comment the matter is consistent with an ongoing investigation.
Japan authorities “gathering information”
As for Japan, it might be even more serious, as Japanese authorities are already looking into the closure of Mt. Gox.
“At this stage the relevant financial authorities, the police, the Finance Ministry and others are gathering information on the case,” Chief Cabinet Secretary Yoshihide Suga told a news conference, Reuters reports.
Suga stopped short of saying what sort of investigation has been launched. It should be pointed out that Japan’s Financial Services Agency and the Ministry of Finance insist that they simply do not have jurisdiction over Mt. Gox. The Bank of Japan has not commented publicly, either.
However, Suga also mentioned the police, so it is plausible that he is talking about a criminal investigation – although this is not something we can confirm at this time.
Mt. Gox still isn’t saying much
For its part, Mt. Gox is still practically silent. Mt. Gox CEO Mark Karpeles isn’t talking to the media, but he did tell Reuters that the exchange should have an official announcement ready “soon-ish”. He added that Mt. Gox is “at a turning point” and that he cannot say more as other parties are involved.
The only things coming out of Mt. Gox are new revelations that are anything but positive.
Fox Business published an online chat between Karpleles and consultant Jon Fisher that all but confirmed that leaked documents purporting the exchange’s insolvency are more or less true, although he insists they were not produced by Mt. Gox.
Karpeles mentioned “other parties” in his response to Reuters, but it remains unclear who produced the documents and how (or why) they were leaked.
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Mt. Gox CEO Says Leaked Documents More or Less LegitDaniel Cawrey (@danielcawrey) | Published on February 26, 2014 at 01:51 GMT | Exchanges, News, Regulation Mark Karpeles, CEO of troubled Japan-based bitcoin exchange Mt. Gox, has responded informally to reports of major problems at his business and rumors that his company will be rebranding its services. In an online chat conversation published by Fox Business, Karpeles told consultant Jon Fisher that he is not giving up on Mt. Gox. When asked by Fisher if documents purporting the exchange’s insolvency are true, Karpeles replied: “As the name suggests it’s a draft, and it’s a bunch of proposals to deal with the issue at hand, not things that are actually planned and/or done.” Karpeles also revealed his company was not the author of the document, titled ‘Crisis Strategy Draft’, saying: “This document was not produced by MtGox” The news comes as the ripple effects of Mt. Gox’s abrupt closure continue to be felt in the industry in the actions of business partners and the movements of the overall market. Volume Regulatory pressure has been a big problem for Mt. Gox according to Karpeles: “The pressure we got from banks and governments make things very hard” Prior to the suspension of trading that then led to the site going offline, Mt. Gox was one of the biggest US dollar bitcoin exchanges. According to Bitcoin Charts market data, Mt. Gox’s previous 30-day volume was 1,030,921 BTC, valued at $377,383,264.92 USD. By volume, Mt. Gox was still the biggest exchange for the BTC/USD trading pair.  Reaction Major news outlets are reporting that Mt. Gox’s problems “spell doom” for bitcoin, or that there is at least “bitcoin turmoil”. Jon Matonis, the president of the Bitcoin Foundation, tweeted that a systematic failure of this major bitcoin exchange is quite different from centralized financial systems:  Some are taking heed to investor Marc Andreessen’s assessment that there is a MF Global comparison to be made regarding Mt Gox. Karpeles maintains he is not in hiding, posting this image of his workspace, and as reported by Fox Business he is: “At home, with my cat being a pain sleeping on the keyboard.” Karpeles_workspace The desktop of Mt. Gox CEO, Mark Karpeles Full Chat Log  Source: Fox Business CoinDesk is monitoring this developing story, and will post updates as they become known.
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im afraid of ponzi :/
You should be. There is big risks involved. Not having investors to cover your payment And not knowing if/when owner will just decide to shut it down and run with your money Here i eliminated that second one . But first risk is still there. If you invest , i need others to invest after you . To be able to pay you! If we don't have investor in 24h of last deposit. I will shut this down. But then i will try do arrange fond, donations , to payout guys who lost. But i would not rely on that. . I think nobody will bother. I would suggest to invest small just for fun. And keep track of payment history. You will learn about blockchain and how ponzi works. And if you lose your money (i think its not going to happen , we should have more investors) , but if u lose it , you will know exactly when, and why you lose it. Great explanation. U are doing great job here buddy . I am next up for payment. When i get it i will definitely invest again. Tnx. |
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Two more days left for PD3!!!!
I am not so sure .But we will se. I definitely hope so ! |
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I didnt make any money from Cex.io. I dont recommend anyone to use it especially beginners. YOU WILL LOSE YOUR BITCOIN WITH CEX.IO
Yeah by doing only mining u will lose overtime. I invested in pbmining now . |
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Use pbming.com, if you are serious about making money.
If we use pbmining can we make profit? U will get invested money back in 60ish days. After that everything is profit for next 5 years . |
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Is the beta for PD3 going to be closed or open, and if it's closed, who will be allowed in?
I think it will be open beta. Stunna also said on chat that he will maybe do BUG HUNT ! That would be awesome ! |
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Guys i rely need ur feadback on it so i would not bother for nothing . Pls also vote on poll , if u have 2 seconds to spare. I wouldn't bother.. People can use google alerts, or simply follow a news aggregator on your preferred social network ie: https://www.facebook.com/BitcoinsnewsYes they can. But for people who hang out here. This is best way. U can see the poll. |
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