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bitXoin.com is raising the cap on maximum transaction size. from 1 april 2014, after the upper limit has been lifted, the maximum buy order able to be placed via bitXoin will dwarf that of any comparable service anywhere in the world.
From Tuesday morning, customers be able to complete orders as large as AUD250,000[/u] (limited to one order per customer per hour). Large volume customer orders are set to trigger a series of actions ultimately resulting in on exchange trading activities whereby customer BTC obligations are backed out via market purchases, transferred directly to customer wallet receiving addresses. The move comes in recognition of the large number of parties interested in gaining material exposure to the growing cryptocurrenncy investment sector. Spokesperson Hayden Cashton said: "We already have a few repeat customers with buy orders well into the five figure range. Sometimes, matrimonial issues motive a need for large expedient BTC purchases. By and large, there are a growing number of serious cryptocurrency investors, many of whom see a prime opportunity to consolidate their investments right now, accumulating significant BTC balances at these low market rates."bitXoin dismisses hack and penetration risk, relying on a simplified structure, a heavily fortified design architecture and a successful track record of holding back hostile penetration attempts. Cashton: "There's plenty of squirters out there like MtGox. For more than 200 days, we've had blackhats tickling our soft & sensitive bits; if bitXoin was a squirter, everyone would know about it by now".
Customer inquiries can be made to BULK@bitXoin.com, via phone at 1300-669919. For secure voice inquiry, use The Guardian Project encrypted phone platfrom OSTEL.co and contact at "bitXoin".
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Over the past week, we have really enjoyed the BTC community and the cooperative yet commercial spirit that run through it. For this reason, we thought we would have a go at doing things your way for a change / test. What follows herewith is an outline of a bitcoin business model that we have modelled and intend to release within the next couple of weeks. Your commentaries, feedback and contributions are all greatly welcomed.
BTC currency hedging service:
Servicing parties with an exposure USD:BTC and EUR:BTC who, for risk management purposes, cannot afford the consequences of adverse exchange rate movements. All transactions will be crypto-currency based such that any payouts received will always be BTC even where a BTC position is hedged to preserve a fixed USD or EUR amount.
Will initially require a deposit just shy of 30% of amount hedged however this will be reduced substantially when the portfolio grows to sufficient size and diversity such that individual client hedge positions can be paired and offset within the portfolio rather than resorting to a 3rd party margin trading facility (eg. One protecting a BTC value and another protecting a USD value).
We intend to offer a variety of options such as full hedge, one-way hedge, one way hedge with shifting value protection, etc. The fee structure has yet to be defined however will likely be based on a premium/discount to the buy/sell at entering into and exiting from the positions.
To reiterate: your commentaries, feedback and contributions are all greatly welcomed!
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I am pretty confident that, if TradeFortress gets back on here and says the magic words, all can be forgiven...
TF if you're listening we need a big resounding... " I did it for teh LuLz " 
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I'm giving away free Bitcoins. Just post your address, I'll send you some free btc! Leave me a trust rating after you receive How sweet is this? I love coins and has address. You like giving away coins and need address ...BOOOM! --> 1BitXoiNBtXRUNafHarzh6h3oZQjDkybwF ]As it happens, I too enjoy to giving gifts and will shortly have proceeds of a hard fought victory. E's MT4 platform has had the upper hand on me all week. The tables have just finally turned. Came away from that last upturn with a short position 101.03BTC @ USD345.69 average. A stylish exit from this position, ideally around the low 300's and the trading book's back black. I will try to stay awake and share some love around soon! |
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...  you can has XoinChat.com AND can has chatXoin.com the X is for the lovers who love loving it!  |
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A retrace back along the low 300s and into the 200s is my outlook for rest of the weekend. Well that's my view and I've shorted ~200BTC in the 344-349 range to back it up.
w0000t w000t!
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I use Coinbase (Don't have any bitcoins  DHnez7mpFTxZqoAVUzcmVLFdKr9m8c61T But if I had some, how could I put my bitcoins from the wallet in Coinbase to a external harddrive? Would like to know how that works. Thank you all! Hello good sir, All you needs do is 1) obtain an address to send BTC to 2) send from Coinbase to this new address 3) store the private key on said HDD step 1 does not require a 'wallet'; can be as simple as make an address here: http://brainwallet.org. So long as you keep that private key (52 character text string) you will be able to use it whenever you like to spend whatever the balance at that receiving address is. |
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those many-to-many tx's look like blockchain.info's new mixer.
Yes and no. I'm 50/50 - to me it looks like all these small amounts, roughly similar value, being bundled together. For a mixer, they wouldn't all be such uniform size amounts at mixer entry layer, I wouldn't think. Prior to this, we've had one other CryptoLock victim come to us for assistance. This was a couple of months back and, at the time, the software demanded an odd number (~3.2BTC). From this, we had thought it was aiming for USD300. Looking at the transactions related to the ransom address, it seems CrytpLock has switched and now aims to collect a round 2BTC. Quite a lot of money really and certainly a marked increase over a three month period. |
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Moar pls 1BitXoiNBtXRUNafHarzh6h3oZQjDkybwF
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What do you think of this idea? Do you think it would give good profit?
Yes, provided of course that: - in using the term 'good profit', you are referring to Chinese Remimni (CNY); and - you have a bank account within the China Local Market Bank network to withdraw the excess CNY funds to; and - that you are content holding the CNY 'profits' within China indefinitely. If say, you would like to repatriate ex-China, for instance to send to Bitstamp, then you would have to factor cost of doing this (say 25-50%). If you do not have a local market bank account, you just need to sort out trading license for foreign-owned corporation, easy stuff $250k. Lastly, you might note CNY has official exchange rate but, in practice FX conversion is occur at rate ~10% less favorable. |
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So if you are interested in working something out, I'd be happy to use escrow, and leave me a response here or pm me.
I can arrange cash into most any bank account, anywhere in the world in under 24 hours hours, usually 5-7 hours. Direct to your metals supplier perhaps. Rate dependent, I am very interested. |
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i'd like to present the tool also to the international audience.
Well done Sir, this is absolutely fantastic!
This skills set of yours, can it be made available for other projects? |
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question is:
how much is there in the inputs.io cold wallets ?
No one asked questions like this before it was too late. Is it time to ask Coinbase and all the others these sorts of questions yet?
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litecoin dead ?
I'd thought so. Recently we're receiving a number of unsolicited inquires from parties interested to buy and hold LTC. |
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Alert:tvbcof and his new TKeenan alias is actually a troll trying to derail bitcoin start ups in any way he can, essentially by foul calomny.
tvbcof is displaying now his xenophobia openly. That is why he is targeting specifically a Paris-based business.
Ouch! You cut me to the the quick, man! It's not like I asserted that all French people have poor hygiene habits and offensive body odor because of this. Or maybe I did...I don't remember. Anyway, some of my best friends or French. Hmmm...actually that's not true. I don't think I really have any French friends. I had a Belgian co-worker not long ago an he was pretty cool though. French, Belgian, Mongolian, whatever. It's all about the same thing to us xenophobes. tvbcof - All of my lulz!!1 Boussac - listen here Frenchy, interwebs srs business. playing the 'race card' like you have just done here sends an open invitation for responses of this flavor. then again, you raise an interesting point: should no-cap crypto-coin businesses be afforded some form of special treatment, a handycap adjustment if you will, if they're french? i say NO to special treatment for the french! |
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I just don't think it would have made much sense to drop the facade now if he was scammer after putting so much effort on all his services, no matter how deeply flawed was their security from the get-go, and trying to build a reputation when he could have done it far earlier, probably get away with more money and when BTC wasn't at an all-time high so people would eventually forget about it.
In that TF is an anon, the choices are:
a) Become new anon (or more to another of several profiles) b) See what value potential value is left in the TF profile. The choices are not mutually exclusive so why do either when can has both? People are so stupid, he's got every chance of milking this for a double-dip mega rip! - security issues have been patched
- here's partial refund 'out of my own pocket into new SUPER io.IN"
- No competing online wallet host will dare call attention to the obvious problem lest they expose the elephant in the room
- Coinbase will most assuredly give careful consideration to all angles and publish a article of little to nil journalistic merit but with just a hint of objectivity to disguise a paid-for promo-campaign
- guaranteed that some people portion of people will be both stupid and lazy and end up transferring moar in. In a way, I guess this is just standard economic Darwinism, now just accelerated to bitcoin protocol speeds. |
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...whole lot of "marked" Bitcoins. It think it would take a fair bit of mixing before they can spend them freely.
Nah, that's quite easy. You can spend them in so many places that won't check the origin. If push comes to shove there is always local bitcoins (just don't do it anywhere where you are actually local and take the time to drive a bit). Not to mention, consider this... a) If steal key to addressA with 100BTC; b) Send the 100BTC to addressB with 200BTC (not stolen) already in it; c) Then, I send you 50BTC from addressB, have you received ANY stolen coins? Probably time to contact the Australian Government as someone suggested.
They are well aware. I am willing to bet that he has registered a DOT.COM.AU address at some point or another. This would require an Australian Business Number and the details of these are publicly searchable www.business.gov.auCan has D0X race? yes... |
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What if he just refunds people that had more than 1 BTC from the amount that he stole? So not from his own personal money. There are still lots of people that had less than 1 BTC and he would make good profit just from their bitcoins.
Why does the site ask for your email if you had more than 1BTC? - did we forget to backup the ledger as well as move private key/s offline? Everyone in this thread, look at bitcoin-qt and armory together the safes way to handle bitcoins on your computer. Otherwise the best way would be paper wallets, I have a lot of paper wallets.
Armory is a bit of a hassle and for non-IT n00bers, you cannot seriously recommend it with a straight face. The easiest and best way to 'cold' store 'coin' offline? Grab vanitygen64 or similar from github; make a few addresses and keep the prvkey offline; send nest egg funds to one of these addresses; make very sure you keep the private key printed in triplicate and each copy stored in a very safe place. Is using two passwords, one to login, one to authorize funds transfers, and 2fa on coinbase.info enough to combat vulnerabilities from both sides?
The vulnerability here is very likely a combination of greed and lack of supervision. The former will always exist and should thus be assumed and expected. The latter, is up to everyone to demand and insist is mandatory* and a requisite for doing businesses. The policy everyone needs is "It is not that I don't trust, rather I always favor not having to trust". Put systems in place such that you only trust when there is simply no practical structure to eliminate it. Maybe TradeFortress should have spent less time scamming ripple newbies and creating ripplesscam websites and more time securing his own website!
lulz. In all seriousness, did no one at all ask for a collection of wallet addresses used by the site?Has no one had any form of peak at the books? Can anyone verify at all that 4100 BTC was 'there' a week ago and has just in the last 48 hours been moved? They have been aggressively marketing the site, a lot of giveaway, partner bribe, etc, no fee sending, how do they make money? Other than trying to runaway with user money.
They are 'making money' the old fashioned way - 'so long as the discounted hypthetical future valuation' of the business is increasing, it's perfectly fine to borrow a bit here to spend a bit there. lol. refer Enron and HFV accounting... www.youtube.com/watch?v=hR45ja3VjGE |
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This is clearly a scam, I again was right from the beginning. I don't only blame TF, but I blame media outlets like coindesk, ... that vetted it as a high security web wallet. THIS UNACCEPTABLE!
Coindesk is only too happy to pronounce <your-BTC-business> is <anything-you-like> so long as you pay them (~2BTC is the going rate). |
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