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Anyone who buys those US Marshall Bitcoins is going to be TRACKED in the blockchain by the Feds, NSA, etc. I recommend LAUNDERING those coins pronto
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He dove for his laptop as they approached him, trying to shut it down. It was truecrypted I'm sure. The Feds put a flash drive in there specially made to capture volatile memory. They're not dumb. His encryption key was obviously in volatile memory, so they got his wallet.
He SHOULD have had most of those bitcoins stored in multiple encrypted flashdrives geocached in the ground. Would have saved him 20 bullion bucks
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Western Union is a horrendous company .. can't even pick up a WU for ANY amount in Canada without ID these days. I seriously doubt they would integrate with Bitcoin either
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ANY company which pays INTEREST on bitcoin deposits is a FRAUD
Pure and simple!
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Hi folks, The Moriarty Bitcoin Network recently launched https://BitArmored.comBitArmored is designed for Bitcoin Deep Cold Storage. It includes a Live/Hot Wallet whereby users can automatically and instantly transfer funds out to external wallets, and it also includes a Deep Cold Storage wallet. Funds in Deep Cold Storage are held offline. Each user receives a unique electrum wallet which is created offline and managed offline. Users can view their wallet balances (cold and hot) from within BitArmored. Users can even request a backup of their wallet, in which case we send the user an encrypted flash drive containing their electrum.dat wallet file and seed. Our Deep Cold Storage accounts are basically 'managed' electrum wallets created and managed by the system administrator on behalf of the user. The user can add funds instantly, withdraw funds, transfer funds to their hot wallet for instant spending, etc. We maintain multiple backups on encrypted drives and cold storage funds are ALWAYS stored offline. This is NOT a 'trustless' multisig wallet. This is a managed Cold Storage Wallet for users who want absolute technological security without being technologically advanced themselves or having to deal with storage and backups on their own. Funds in cold storage are 100% hackproof, secure, redundant, and we emphasize ease of use AND security. We *ARE* launching a trustless hybrid multisig wallet in the near future, but this will be a different kind of service. For Bitcoin Deep Cold Storage, check out https://BitArmored.comSincerely, Dr. Michael Moriarty The Bitcoin Network Interview on CryptocoinsNews: http://www.cryptocoinsnews.com/news/exclusive-interview-bitcoin-networks-dr-michael-moriarty-stanford-phd-becomes-bitcoins-doc-ock/2014/05/17Lifeboat Foundation Advisory Board: http://lifeboat.com/ex/bios.michael.moriarty |
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Why wouldn't he live large? Stole half a billion dollars worth of bitcoin ..
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Hi folks, I am BUYING Bitcoin companies, websites, and services. If you have a Bitcoin-related website with traffic such as an exchange, blog, news magazine, forum, etc I will make you a reasonable offer! Email me: moriarty.bitcoin@gmail.com |
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Hi folks, I am BUYING Bitcoin businesses! If you have a Bitcoin site or service you want to sell, let me know! Please note I am ONLY interested in Bitcoin websites with traffic (more than 200 visitors daily). If your site has no traffic, I am not interested. If your site has traffic but no revenue, I am still interested. email me: moriarty.bitcoin@gmail.com |
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Expedia is the largest company in the world to accept Bitcoin! We have just added Expedia to the Bitcoin Stock Exchange on https://BitSpeculate.comLog into your free BitSpeculate account and click on Bitcoin Companies under Trading Wallets to invest in Expedia, which is traded on the Nasdaq exchange. No reporting to any government agency, no ID verification, and EASY intuitive trading on BitSpec. Try it! |
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dont be too hard on Mark, he was only off by a few powers of ten :-)
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No, there are too much interest to make an attack to the bitcoin block chain.
Even if Ghash.io has the best intentions in the world, the potential for a hacker or rogue employee to gain control of the mining pool and conduct an attack is significant. The whole premise of Bitcoin is not to TRUST a single entity anyway .. |
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You should be very worried!
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Personally, I prefer to time the market for my exit, if I'm going to drop 50% of my holdings. We're primed for another push to $700s-$800s. Then I'd unload.  I think Bitcoin is heading to $1000+ after the US Marshall sale. Problem is, it's hard to estimate the 'real' price of Bitcoin, and it's hard to figure out when massive speculation is driving up the price beyond realistic levels. As we learned from the Gox fiasco, it is also very difficult to determine when price spikes are due to intentional manipulation by trading bots on large exchanges. Like MtGox, BitStamp AND BTC-E both have the power to manipulate the Bitcoin price due to shady trading activities ... |
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Yes, Litecoin is vulnerable too - the Coinotron Pool represents a major 51% threat on Litecoin.
NXT is an interesting crypto because it is NOT vulnerable to 51% attack since mining occurs within the user's wallets.
Most major cryptos are mined by ASIC hardware which ends up resulting in mining pool monopolies like Ghash, Coinotron, etc.
In my opinion, Bitcoin needs to undergo some major changes at the protocol level to mitigate the threat posted by 51%. This is not the first or last time we'll be facing such a potential calamity. If Bitcoin can't overcome this threat, I think we need to investigate mass exodus from Bitcoin into some other more stable and truly decentralized crypto - like NXT.
Disclaimer: I am not particularly knowledgeable about NXT and I don't advocate it right now. I simply like the idea that it can't be attacked by 51%.
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are they a publicly traded company? If so, I will make sure to add them to the Bitcoin Stock Exchange at https://BitSpeculate.com |
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