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I like the rise in "price", and look forward to the day we don't talk about the BTC price in fiat terms. But this 60% or more raise in the last 30 days, could be bad for BTC. I hope we stop around $400 for a while, and I hope it lasts. We do not need another "crash" to fubar this.
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http://e24.no/digital/bitcoin-bank-rundstjaalet/22794344Flexcoin is shutting down.
On March 2nd 2014 Flexcoin was attacked and robbed of all coins in the hot wallet. The attacker made off with 896 BTC, dividing them into these two addresses:
1NDkevapt4SWYFEmquCDBSf7DLMTNVggdu
1QFcC5JitGwpFKqRDd9QNH3eGN56dCNgy6
As Flexcoin does not have the resources, assets, or otherwise to come back from this loss, we are closing our doors immediately.
Users who put their coins into cold storage will be contacted by Flexcoin and asked to verify their identity. Once identified, cold storage coins will be transferred out free of charge. Cold storage coins were held offline and not within reach of the attacker. All other users will be directed to Flexcoin's "Terms of service" located at "Flexcoin.com/118.html" a document which was agreed on, upon signing up with Flexcoin.
Flexcoin will attempt to work with law enforcement to trace the source of the hack.
Updates will be posted on twitter as soon as they become available.
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Today the Russian central bank raised its interest to 7%, from 5.5% and the RTS index fell 12% yesterday. The west threatening to enforce economical boycotts against Russians, will have them looking for other ways of keeping their assets safe... enter BTC.
Just a thought..
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How nice to wake up and see BTC going from $400 to $590 in 24 hours. Gives me confidence in BTC on a whole new level. Mt.Gox seems to be just a bump... Or is that a cat bouncing?
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Did it ever dawn on anyone that not all ppl trading in BTC are nerds? Since April 2013 a lot of ppl started to buy BTC, and most ppl are not as familiar with forums and such.. I have friends that think MtGox is the only place to trade. It could be they live in a bubble.. The news talk about MtGox as the BTC site, and since loads of greedy ppl wanted to get rich quick, they all went trading over at MtGox. The easy to understand, the pro look of the site, it all ticks the boxes with the average Joe. The FUD here is never read, only news. The watch MtGox own charts, not even knowing there is any other site.. This could be why the trades keep going like they do. PPL believing in the Gox propaganda or goxaganda as I would call it. I have mixed feelings about Gox, never had any problems, but I do see their lack of information and just plain stupidity hurts BTC. You guys have to remember that even if we are in 2014, shit loads of ppl still are computer illiterate... They have to get help to even check their online bank........ BTC-e is going to look like hell for them.. same with other l33t sites ( in their eyes.. not mine  ) I am probably wrong, but it might be worth taking in as a variable in the big picture.. |
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The Canadian government has decided bitcoin is not legal tender in the country, The Wall Street Journal reported on Thursday.
"Only Canadian bank notes and coins are recognized as legal tender in Canada. Bitcoin digital 'currency' is not legal tender in Canada," a government official said in a statement to the paper.
The Journal reported that the Canadian government had thus far been quiet on the subject.
But while Canada was ruling that bitcoin was not valid, the U.S. government was going the other direction—seizing about $28 million worth of bitcoins from the Silk Road website.
The 29,655 coins were forfeited as part of a criminal investigation into Silk Road, the U.S. Attorney's Office in Manhattan said in a statement. http://www.cnbc.com/id/101343464 |
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Min venninne som arbeider som jurist i skatteetaten sier at følgende er avgjort i den juridiske avdelingen hun arbeider i: "Gevinst ved omsetting av BTC beskattes med 28% vurdert ut i fra kjøps og salgstidspunkt. BTC som eies ved årskiftet er formueskattepliktige. Omsettingen er MVA pliktig" Det er da helt vilt...
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I find speculating in BTC on http://www.plus500.com pretty easy, its like taking candy from kids... tripled my investment in 3 days... |
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In the last days I have had no problems withdrawing EUR or BTC form MtGox. Why do so many say its a problem? I guess its US customers only, as I am in Scandinavia. Took s few days before my money was in my bank. I am happy.. ( did not sell a lot, just 50 BTC, as a test)
So I am a bit flabbergasted about the bad talk about MtGox, as I have never had any problems.
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Just wondering if anyone have any ideas about what would happen to Bitcoin if P versus NP is solved?
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