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1  Economy / Service Discussion / Re: bitcoin-trader.biz on: March 06, 2014, 03:22:38 AM
It is nice to see some other positive info flowing in. So far my experience has been really great with them. Their deposits and withdraws come in at the same time every day, and so far no drama, nothing out of the ordinary. I do feel more comfortable seeing that they limit funding at this time. Their profits don't seem to be anything out of the ordinary, and do closely correlate with the arbitrage opportunities that exist during the day.
2  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][Pool][Profit-Switch][Optional Auto-Exchange per Coin][Vardiff] ~ Hashcows on: March 05, 2014, 09:21:05 PM
60 hours 10Mh/s not a single coin from this group.

Update:
Now shows a tenth of Aur in balances.
3  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][Pool][Profit-Switch][Optional Auto-Exchange per Coin][Vardiff] ~ Hashcows on: March 04, 2014, 09:34:24 PM
36 hours with 10.5 M/hs Zero payout, looks like this is common practice?
4  Bitcoin / Legal / Re: Mt.Gox Multi-plaintiff Suit on: February 24, 2014, 04:45:12 AM
If anyone is seriously considering this I would suggest you look at the legal 500 list.

Hughes Hubbard and Reed comes to mind as a massive firms with an international office in Tokoyo.

The Japanese legal precedent regarding contracts is far different from American law in regards to what is considered a contract in their view. A firm representing this case is going to set legal history and more than likely shape all future litigation throughout the westernized world.

The firm representing this case, if there is actually one which is sounding dubious at best, would not be bashful or quite about giving out their name, or actively seeking clients. The only reason they are seeking a small group and speed in this case as they can quickly set a precedent regarding future actions, and take a lead position in seeking further injunctions.

Gox may have a virtual office located within the U.S., but it would be difficult to proceed with any action in this country based solely on that unless there has been clear cut evidence of them committing crimes on U.S. soil, in which a civil action could parallel criminal proceedings. However anyone old enough to remember the Enron and Comp USA debacle should realize any remuneration from said actions will more than likely be non existent. 

This was under most views all speculative action and monetary losses for those in btc will have little to no meaningful value. Those in USD are holding a backed currency which has a non speculative valuation and loosing funds that were in fiat through any action gives cause to this suit.


In summation it would be advisable for those with large sums to locate their own reputable firms and seek advisement from attorneys based in Japan. Hopefully people are not blindly sending money to a group trying to cash in further on the Gox meltdown.
5  Economy / Service Discussion / Re: bitcoin-trader.biz on: February 24, 2014, 02:08:04 AM
Have a couple of btc invested with them, will put in another 11 once they clear coinbase. So far so good, payouts have been on time, if not there was normally an announcement, have cashed out every couple of days.

It might certainly turn out to be a scam, with something like gox it is hard not to eye everything very critically. However they at least took the time to have a very well executed website, and if it is a scam it looks like they plan on it being a long running scam. I do appreciate that they don't seem to dodge any questions asked of them.
6  Alternate cryptocurrencies / Mining (Altcoins) / Re: Compare pools: MiddleCoin/CleverMining/HashCows/WafflePool/Hashbros on: February 18, 2014, 09:28:31 AM
Here are some preliminary results, just to give an indication after 12 hours of mining:

WafflePool 0,0086
CleverMining0,0085
Hashbros 0,0073
CoinSolver 0,0046
Hashcows 0,0027
MiddleCoin Amsterdam 0,0023
MiddleCoin EU unknown

No payouts yet, these are balances including unexchanged, immature and estimated earnings.
For some reason my account for MC EU is not shown on the page (yet).


Awesome, thanks for doing this.
7  Bitcoin / Bitcoin Discussion / Re: Russia, China & Apple ban Bitcoins. Gox closing. Is this the end? on: February 07, 2014, 10:41:48 AM
Considering the USPS is looking into accepting bitcoin, nearly 20 senators accept it for campaign contributions, and the links are to moths old articles, anything posted lost credibility at the start.

This entire system of monetary exchange is new, and volatile, it will work its way out, or a new breed will replace it. By all means, drive the prices down, makes it much easier to buy in.

typical fud, move along.
8  Bitcoin / Bitcoin Discussion / Re: Russia, China & Apple ban Bitcoins. Gox closing. Is this the end? on: February 07, 2014, 10:30:31 AM
Russia didn't ban it only warned against it.

The damn IRS accepts bitcoin so that link from months ago about the US was complete crap.

Huobi has a huge market and the Chinese are still driving the price.

Apple likes control so who is really shocked there.

Gox has been in the shitter for a while, so this is nothing new either.

India is far to overpopulated and unregulated for anything to hold as gospel in that country.


So just another typical day in the crypto world SNAFU
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