Two weeks after the suicide of a JP Morgan banker who jumped to his death from the top of a building, another of the firm’s employees has died, with 37-year-old Ryan Henry Crane becoming the 5th banker fatality in just the last few weeks alone. Crane was an Executive Director in JPM’s Global Program Trading desk based in New York and had been with the firm for 14 years. Few details have been released concerning the nature of his death, with reports merely stating that Crane is survived by his wife and son. “We can only hope this disturbing chain of deaths within the financial industry – one of which involved a nail-gun induced suicide – is purely accidental,” writes Zero Hedge www.infowars.com/jp-morgan-executive-becomes-5th-banker-to-die-in-last-2-weeks/ |
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The Goldcoin team was contacted recently by a national political party that is considering endorsing and officially supporting Goldcoin. This is very exciting news and if realized would help promote greater market acceptance and integration of altcoins as a whole into the mainstream.  If you would be interested in helping to provide educational training or technical support to this organization during the integration phase please let me know either in a post below and via private message. I will be providing more details as information becomes available. I would like to thank the entire community for their support and loyalty over the past 8 months. Your decision to remain an early adopter of Goldcoin will be soon rewarded as we're now beginning to see the fruits of our continued efforts. |
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Original story: http://altcoinpress.com/2014/02/coinmarketcap-com-the-official-guide-of-the-altcoin-race/ If a budding young developer wants to get his new altcoin noticed, he had better make plans to enter the high-speed road race at Coinmarketcap.com. Of course, I am using the word “developer” here very loosely. Many readers of this article know that there are literally thousands of altcoins. But none of them truly exist until they make their debut in the fast lane at Coinmarketcap. Rightly or wrongly, this fact is quickly becoming our new reality. The site is now emerging as the official reference guide for alternative cryptocurrencies. Wall Street traders, investment bankers, interested observers, and mainstream journalists all have the site bookmarked and highlighted. We can see a perfect example of this trend in an altcoin story published today in the IndiaTimes of New Dehli. The author clearly used coinmarketcap.com as the basis of the article. Enhanced regulatory oversight in India and other countries seems to be having little impact on spread of bitcoins and other virtual currencies, whose number is fast moving towards a century with a total valuation of close to $13 billion.
A number of new entrants, such as bitgem, catcoin, unobtanium and sexcoin, have arrived on the scene even as regulators across the world grapple with risks posed by such currencies and transactions conducted through them.
At least 93 virtual currencies are at present being used by people across the world over the internet, as also for some offline transactions, and their total valuation has reached $13 billion, out of which bitcoin alone accounts for over $9 billion, according to market estimates. Gone are the days when it was simply a matter of getting listed on exchanges like MCXNow or Cryptsy and promoting your coin. If you want to get noticed now and garner the attention of the mainstream media, you’ll need to compete in the Tour De France of cryptocurrency and race your way to altcoin stardom. Original story: http://altcoinpress.com/2014/02/coinmarketcap-com-the-official-guide-of-the-altcoin-race/
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 In a move reminiscent of the Jerry Seinfeld character “Soup Nazi”, the Japanese-based bitcoin exchange MtGox on Friday released a statement stating that all bitcoin withdrawals would be halted until further notice. They do however promise to release an updated statement on Monday. We apologize for the extremely short notice, but as of now all bitcoin withdrawals will be paused, and withdrawals in the queue will returned to your MtGox wallet and can be re-intiated once the issue is resolved. Customers can still use the trading platform as usual. Since yesterday, when we first broke this story, the rumor mill on Bitcoin Talk has shifted into overdrive with many speculating that MtGox simply does not have the bitcoins on hand to meet customer withdrawal demands. To best guess what will happen next we might gain a few clues by looking into the past. In June of 2013, MtGox released a statement that USD withdrawals would be suspended for two weeks: We are currently making improvements to process withdrawals of United States Dollar (USD) denominations, and as a result are temporarily suspending cash withdrawals of USD for the next two weeks.
Please be reassured that USD deposits and transfers to Mt. Gox will remain unaffected, as will deposits and withdrawals in other currencies, and we will be resuming USD withdrawals once the process is completed. Of course we all now know that USD withdrawals were never fully reinstated as promised in the June announcement. And according to data collected by CoinDesk an estimated 70% of MtGox customers were unable to withdrawal money from their accounts even before the new and frightening bitcoin freeze. So for now, regardless of whether you have cash or bitcoins parked in your MtGox exchange account, the soup kitchen is closed until further notice. Now let’s all form a single straight line, keep our mouths closed and fingers crossed, and hope that history doesn’t repeat itself once again. Let’s make a wish that on Monday we don’t hear a Japanese speaking Soup Nazi loudly proclaim, “No soup for you! One year!” Original story: http://altcoinpress.com/2014/02/mtgox-to-clients-no-soup-for-you/ |
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A few days ago, I "Liked" the Facebook page of Andreas Antonopoulos and so his recent interview from Feb 5th with Max Keiser appeared in my news feed today. During the interview, I noticed some very interesting comparisons being made made between bitcoin and gold which led me to write this post. The video below is cued up to start right before the gold discussion begins at the 22:30 minute mark. Feel free to rewind and watch the entire video later.  http://www.youtube.com/watch?feature=player_detailpage&v=qbFVXNxRRPc#t=1350Here are the gold related quotes that caught my attention: Bitcoin is gold in the sense that is has unimpeachable value, limited supply, and has all the attributes of gold." It's gold without the physical burden of carrying it around or trying to slice it into smaller pieces. It can be teleported across the World for very little cost or no cost at all. And it can be sliced into infinitesimal little prices which takes away two of the biggest problems with gold." It's an improvement on gold in many way. And I think the gold community is beginning to understand. Some of the leading lights are now figuring out in fact this is a technological improvement. Now what if we took the basic technology of Bitcoin, improved upon it by adding things like a 51% attack defense, and then actually used the name Gold? Doesn't a coin like that make a hell of a lot of sense: >>> http://gldcoin.com/ |
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 Shiva Keshavan, an Olympic luger from India, wasn't sure whether he could afford to attend the 2014 Winter Olympics in Sochi, Russia. He had to raise $5,000 in a matter of days. But in only three hours, a small but active section on the popular website Reddit raised the necessary funds through the use of Dogecoin, a new digital "cryptocurrency". Just weeks earlier, Reddit users helped the Jamaican Olympic bobsled team get to Sochi by donating $30,000 worth of Dogecoins over a 24-hour period. Bitcoin is the most famous type of cryptocurrency, but it's far from the only one. Unlike government-backed currencies, which are usually regulated and created by a central bank, cryptocurrencies are generated by computers that solve a complex series of algorithms and rely on decentralised, peer-to-peer networks. Aside from Dogecoin - which was named after an Internet meme displaying a dog speaking in grammatically incorrect English - other cryptocurrencies include Litecoin, Fedoracoin, Coinye, and Ethereum. Many of these are slightly different variants of Bitcoin with their own unique coding. Read more: http://www.aljazeera.com/indepth/features/2014/01/rise-cryptocurrencies-201413012034867124.html |
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 Bloomberg is reporting this morning that former Federal Reserve economist Mike Dueker was found dead in an apparent suicide near Tacoma, Washington. Dueker, 50, a chief economist at Russell Investments, had been missing since Jan. 29 and was reportedly having troubles at work. Normally HousingWire wouldn’t cover deaths in the industry, but what’s strange is that Dueker is the third prominent banker found dead since Sunday. On Sunday, William Broeksmit, 58, former senior manager for Deutsche Bank, was found hanging in his home, also an apparent suicide. On Tuesday, Gabriel Magee, 39, vice president at JPMorgan Chase & Co’s (JPM) London headquarters, apparently jumped to his death from a building in the Canary Wharf area. Read More: http://www.housingwire.com/articles/28796-third-prominent-banker-found-dead-in-six-days |
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 US bitcoin trading platform CampBX has announced that it has temporarily halted automated clearing house (ACH) and wire transfers effective 31st January. Alpharetta, GA-based CampBX indicated in a blog post to its users that its bank has “made a business decision to not work with bitcoins and bitcoin companies”. The bank cited regulatory uncertainty, as well as recent negative bitcoin news, as the driving force behind the decision. The decision is notable as CampBX became the first bitcoin website to obtain Payment Card Industry (PCI) certification in 2011, signifying that it implements specified controls and safeguards to protect consumer data. CampBX allows for quick buy and sell trades, provides customers with SMS notifications and secures its platform with two-factor authentication, its website says. Read More: http://www.coindesk.com/bank-stops-working-bitcoin-exchange-campbx-regulatory-uncertainty/ |
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 A gas station in the US now lets customers fill up with bitcoin, making it likely to be the first business that allows the purchase of fossil fuel using cryptocurrency. The station has completed eight transactions since it began accepting bitcoin at the start of January, according to the store’s owner, Shahzad Sarwar. “I started taking bitcoin, above all, to support the bitcoin community,” he said. The gas station, in Greeley, Colorado, is called Cosmic Market and also has a convenience store attached. Here you will find proof of Sarwar’s fervent support for the digital currency writ large on the wall. “Bitcoin accepted here. Take the power back. Let the banks eat cake!” a poster proudly proclaims. Read More: http://www.coindesk.com/pump-gas-for-bitcoin-in-the-us/ |
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 Prominent Chinese bitcoin exchange BTC China is now accepting customer deposits via its corporate bank account, plus offering small prizes to its customers. Bobby Lee, CEO of the exchange, confirmed that customers can now buy bitcoins from the exchange by depositing their funds directly into the company’s account. “Previously, we judged doing this as not being viable, however, we have since changed our stance. We looked again at the guidance issued in December and we think it’s a reasonable for us to accept customer deposits via our corporate bank account,” said Lee. He went on to say BTC China now believes the main message in the memo issued by the People’s Bank of China (PBOC) on 5th December was that banks in the country aren’t allowed to set up or become a bitcoin business. Read More: http://www.coindesk.com/btc-china-accepting-bank-deposits/ |
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 http://www.youtube.com/watch?v=52S9QGb6i2EToday Microguy kicks off Season 2 of the Goldcoin Report by demonstrating his new mobile HD camera rig and by promising a renewed dedication to the Goldcoin community after returning from his mid-winter break. |
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 .. There is a new Altcoin community on Reddit here: http://www.reddit.com/r/altcoinforumThis community will be self-managed and function using a fair and open democratic process. If you would be interested in helping with things like building the custom theme or moderating, please let me know. I have recently allocated $500 to get this project underway and will be dispersing that in the Goldcoin currency to moderators, theme builders, and the first ten people that create a giveaway thread for their favorite coin. Drop by today! The first 10 people that start a giveaway text post will receive 200 Goldcoins (that's $6.00 USD). Please feel free to offer your comments, idea, and suggestions below.  .. |
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 Today Max Keiser announced the launch of his own digital currency called "MaxCoin". There are very few details at the moment but a website and facebook page have been established (see below). Website: http://signup.maxcoin.co.uk/Facebook: https://www.facebook.com/MaxKeiserCoinThe Genesis block was solved today. It's not completely clear as of this writing when mining will become open to the public. |
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 New York plans to create regulations that will guide virtual currency firms that operate in the state, possibly requiring them to hold a “BitLicense,” the state’s top banking regulator said Tuesday, one day after a major arrest in the bitcoin universe. Benjamin Lawsky, New York’s Superintendent of Financial Services, said such regulatory guidelines would seek to bar misconduct like money laundering while not cornering in booming cryptocurrency technology. His comments came during the start of hearings this week - organized by the New York Department of Financial Services - on the future of online currencies. Read More: http://rt.com/usa/bitcoin-regulations-new-york-320/ |
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It's time to put on your thinking cap!Considering all the great news coming out of Goldcoin lately (51% attack defense, upcoming new client, Android App, Reddit Tipbot, etc.), what is your prediction as to when Goldcoin will finally surpass the $1.00 per coin mark?  http://www.youtube.com/watch?v=0ul5JtYVXpgPlease feel free to leave your comments below! Thanks for voting and may all your Bitcoin dreams turn to Gold!
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Claim your 25 Free Goldcoins Today!We're looking for a few good men to join the GoldCoin Facebook Group!  If you think you have what it takes follow these simple steps: 1. Click this link and request to be added to the group: https://www.facebook.com/groups/goldcointalk/2. Return to this thread and post your Facebook name and your Goldcoin address to receive 25 FREE GoldCoins! 3. That's it! There are only two steps! It's that easy! Lol Thanks for participating and may all your Bitcoin dreams turn to gold!!
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Want some free Gold? Here's how: 1. Click the screenshot below to visit YouTube and "Like" the video. 2. Then post your GLD address into this thread and get 5 (five) free Goldcoins. 3. There is no three... there are only two steps. It's that easy! [Terms and conditions: one play per person. only humans eligible to participate.]http://www.youtube.com/watch?v=0ul5JtYVXpgThanks for participating and may all your bitcoin dreams turn to gold!  |
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