The Finney
"The Finney" or just "Finney." |
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It's very true that the big banks get away with murder. They've become far too powerful, mostly because their owners are also shareholders in the central banks which fund governments.
I doubt the big banks would stoop to such unexciting and low-margin business, but small banks could find a market in providing escrow services. They have the experience in identification procedures and contract law, also they still have social trust (probably more than they deserve). If in 20 years half of global trade is done through cryptocurrency (or whatever bullish prediction), banks that provide supporting services could do well.
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Another banker is saying silly things about Bitcoin.  I wrote an article about it over on CCN. Basically, he thinks centralising and de-anonymising Bitcoin will improve security (somehow?), and that most users will be happy with that. Oh, and Bitcoin should be integrated within existing fiat and payment structures because... well, bankers dislike competition I guess. I'm sure someday a banker will present a decent argument against Bitcoin, but today is not that day. |
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I wrote about this mysterious Mystery Chart of Mystery over on CryptoCoinsNews. It inspired me to do some charting work with timeframes. I arrived at a fairly consistent cyclical view of price action. Would welcome any futher ideas, let's figure this thing out! |
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Goldman Sachs getting into Bitcoin = the Fed getting into Bitcoin.
Coming soon: pay your carbon tax in Bitcoin!
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You could invest in WPCS - it's stock is up 75% since it acquired the BTX Trader platform. The software does look good! |
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Krugman is a bad joke. His big plan to fix the economy is limitless government spending on a fake alien invasion. |
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The NAB says Bitcoin isn't ready to replace fiat, and calls it a bubble as its value is too high for the less than 2000 merchants accepting it... I don't know where they pulled that number from, but it reflects the overall quality of their thinking. Full article here. |
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OP is now cheering for accounts being hacked, you guys attacking dogecoin are pathetic.
Not at all, I'm against all cryptocurrency hackers and scammers. I'm reporting what happened (didn't see another thread about it) and requesting further info. |
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Well, whether it's right for Dogecoin or not, I think the idea of digital pocket money which can be monitored and controlled by parents has value. In other news, looks like online Dogecoin wallets just got hacked!Anyone know more? |
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Hey guys, I wrote an article about Dogecoin. Turn it into digital pocket money for kids otherwise it's gonna get killed by better coins, imo. |
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Merry Christmas, everyone! Britcoiners, remember that Ed Snowden will be giving an address on Channel 4 at 4:15 PM.That'll probably show up on the utubes too. Much more relevant viewing than the silly old Queen with her usual nonsense. Anyway, off for turkey and ham feast now, have a good one! 18j7VDYhePaYCqUmSo8JgjpybpsgvJwfdb |
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Merry Christmas, everyone! Britcoiners, remember that Ed Snowden will be giving an address on Channel 4 at 4:15 PM. That'll probably show up on the utubes too. Much more relevant viewing than the silly old Queen with her usual nonsense. Anyway, off for turkey and ham feast now, have a good one! 18j7VDYhePaYCqUmSo8JgjpybpsgvJwfdb |
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How'd you like to win $200 making a logo for Wall Street trillionaires so they don't have to pay money to a design firm? AWESOME, now you can! Be warned though, you'll have to compete against my entry in all its sophisticated splendour. |
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Check it out, I wrote up a detailed take on the Bitcoin market and my trading plan over at CryptoCoinsNews.Let me know if you guys agree or disagree with this view of the market. Suggestions to improve my plan also welcome, or mentions of important upcoming events I should watch out for - it would be nice if there was a calendar of market-moving Bitcoin events online somewhere... |
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Just got my PPC today, thanks.  |
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BitPay will work fine, they don't need your bank details and don't verify other info afaik.
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Not to accidentally bump this thread or anything but bump.
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There's no way to say who was responsible. Maybe "foreign Bitcoin investors," maybe Chinese activists, possibly even be an adversarial power like Japan.
Whoever was responsible, it certainly won't endear cryptocurrency to the Chinese government. But at least it shows the Chinese people that however pervasive and smothering their state, it's not invulnerable.
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