It’s digital encryptionhttp://www.thehindu.com/todays-paper/tp-national/tp-telangana/its-digital-encryption/article8208064.eceBitcoin is a virtual currency that is heavily dependent on digital encryption and can be traded for currency. Its value is largely determined by demand and supply.
Like most currencies of the world which are fiat currencies, Bitcoin’s value is not connected to anything in the real world. It had touched historic high of Rs. 76,000 in November, 2013, before falling steeply.
Currently, Bitcoin is trading at around Rs. 25,000.
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Blockchain group grows by 10 members as technology takes offhttp://www.livemint.com/Industry/v4oDZMVvyS67iuuX9LsOrK/Blockchain-group-grows-by-10-members-as-technology-takes-off.htmlThe Hyperledger Project, a group creating an open-source communications standard for financial firms wanting to use blockchain to speed up their services, has added 10 more members, including CME Group Inc., the operator of the world’s biggest futures exchange.
ABM Amro, Red Hat Inc. and Symbiont have also joined, according to a statement on Tuesday from the Linux Foundation, which advocates open-source software and is hosting the project. The consortium said in December that it counted IBM, Wells Fargo & Co., Cisco Systems Inc., Intel Corp. and London Stock Exchange Group Plc among its members.
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I am not too familiar with the real life identities of the people in this forum, but isn't escrow.ms' real name also Pankaj Bharadwaj?
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Card frauds used bitcoins to trade moneyhttp://timesofindia.indiatimes.com/city/delhi/Card-frauds-used-bitcoins-to-trade-money/articleshow/50922983.cmsThe busting of an international syndicate of debit card cloners on Tuesday has unearthed the use of bitcoins to avoid detection. The money siphoned from ATM machines was converted into the cryptocurrency and distributed among the people involved in the crime.
Pankaj Bhardwaj, operations manager of a bitcoin trading firm in Pitampura, was arrested on Tuesday, thought the crime branch is still on the trail of the suspected kingpin, Sumair Sheikh, who is believed to be based in Dubai. Since the accused had access to crucial information related to the ATM cards, the cops also suspect a bank official's role in the racket.
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EU to step up checks on Bitcoin, prepaid cards to fight terrorismhttp://timesofindia.indiatimes.com/tech/tech-news/EU-to-step-up-checks-on-Bitcoin-prepaid-cards-to-fight-terrorism/articleshow/50836762.cmsThe European Commission will propose by the end of June stricter rules on prepaid cards and virtual currencies in a bid to reduce anonymous payments and curb the financing of terrorism, documents released on Tuesday showed.
Responding to attacks in Paris last November by Islamic State militants, the Commission is also considering imposing controls on bank transfers within the EU that are currently not monitored through the controversial EU-US Terrorist Financing Tracking Programme (TFTP.)
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As you can see this thread is now open and back again. Sorry guys i was moving to a new house and also took a new job thats why i didnt have any time the last two months. if you think this is still usefull (i saw the lending section changed a lot) let me know and i will start to update the ledger again. sadly Athertle left us  This thread is definitely useful. My vote for continuing it.  i am not sure if i just should pick up open loans or wait for requests. ill walk thru the list later to get out what is done
You can clean up the OP (remove loans which have been repaid) and then look at adding any additional requests that have been received. |
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It think it will take a long time till the bitcoin will really be stable at a point.
The bitcoin has to get bigger if it wants be stable, I think it just a matter of time.
i personally think we won't see the price reach the point of decent stability as long as very early adopters still have tens of thousands of coins. i think as soon as we reach $1000 again that they will surely cash out some of their coins, but they will still have enough coins to make the markets crash if they so wish. Yes, but it isn't in their best interest to crash the market. If the market cap of bitcoin crosses a trillion dollars, the distribution would automatically become more widespread (early adopters would cash in at various stages). |
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Dutch Hold 10 for Bitcoin Money Launderinghttp://gadgets.ndtv.com/internet/news/dutch-hold-10-for-bitcoin-money-laundering-792625Dutch police have arrested 10 people in the Netherlands as part of an international probe into money-laundering through sales of the shadowy virtual currency Bitcoin, prosecutors said Wednesday.
Fifteen places were raided Tuesday in eight Dutch towns as part of the probe, during which luxury cars, cash and the ingredients to make ecstasy were seized.
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i need loan of 0.075 with No collateral for 9 days repayment will be 0.083.
to addy:1638uAssqGuBKCYpzdByjrvWuYHNC2xmhc
thanks.!
regards.
-Katerniko1
I am confused since the title still says the loan is needed. If the deal with letyouearn doesn't work, let me know and I can fill it. |
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Lead developer quits bitcoin saying it 'has failed'http://timesofindia.indiatimes.com/tech/tech-news/Lead-developer-quits-bitcoin-saying-it-has-failed/articleshow/50602227.cmsBitcoin slid by 10% on Friday after one of its lead developers, Mike Hearn, said in a blogpost that he was ending his involvement with the cryptocurrency and selling all of his remaining holdings because it had "failed."
Hearn, one of five senior developers who has spent more than five years working on the web-based currency, said he would no longer be taking part in development.
"Despite knowing that bitcoin could fail all along, the now inescapable conclusion that it has failed still saddens me greatly," Hearn said in his post on blog-publishing platform Medium.
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I confirm that I have received the repayment. Thanks! You may now lock this thread. |
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Again, I'm opening a new thread for my loan request, if you checked my last thread some members used the thread as a scam accusation.
Loan amount request: 0.015BTC
Reason: Private
Collateral: No Collateral
Term Length: to be paid this coming Thursday (January 14, 2016)
Interest: 0.004BTC
Bitcoin Address: 18jxpygrDSf99F3X15sBzW7BC24Jy9oeFu
Amount to be Repaid: 0.019BTC
I can provide a signed message from my old bitcoin address
Today is 16-January-2016. You might want to change the repayment date. Coming Thursday would be 21-January-2016. |
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This loan is now 2 days overdue.
Letyouearn, please note that interest is applicable for the overdue days.
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Loan amount request: 0.025BTC
Reason: Private
Collateral: No Collateral
Term Length: within 1 week
Interest: 0.005BTC
Bitcoin Address: 18jxpygrDSf99F3X15sBzW7BC24Jy9oeFu
Amount to be Repaid: 0.03BTC
I can provide a signed message from my old bitcoin address
I see that this loan has still not been filled. Do you still need this loan? I am interested in filling it. |
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Repayment received and positive feedback left. Thanks!
You may now lock this thread.
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Gentle reminder.
The loan is due for repayment today.
Thanks!!
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Higher prices fuel the return of bitcoin mininghttp://www.business-standard.com/article/international/higher-prices-fuel-the-return-of-bitcoin-mining-116010900644_1.html
Bitcoin mining is looking a bit more attractive again.
When the virtual currency's popularity was surging just a few years ago, almost anyone could set up a computer in their basement to mine bitcoins, a process needed to record transactions and ensure the propagation of the digital money, which exists as software. Miners who put their machines to work solving complex computational problems (and paying for the hardware and a higher electric bill) were rewarded with new bitcoins for their efforts. Some became paper millionaires as bitcoin's price jumped to a peak of $1,137 in 2013 from $13 in less than two years.
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