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2021  Bitcoin / Bitcoin Discussion / Re: Fake transactions in the exchanges again? Don't trust your eyes... on: January 15, 2015, 11:16:25 PM
Something fishy is going on right now

The price of BTC is ALWAYS, ALWAYS being manipulated by the big exchanges, especially BTC-E and Bitstamp!

question: where is BTC-E based? what's their phone number? Smiley

I know, you cannot answer because you don't know. Don't you find VERY odd that people are sending money to unknown companies?
They sent money and lost money with MT Gox which had a real office in Japan but at least they had one.

Can you imagine that BTC-e is one of the biggest Bitcoin exchangers even it is a ghost company?  Grin

These things say a lot about this market.


This means that btc-e is providing their customers with enough privacy that no one (or very few people) know where they are located so money and information cannot be seized.

People trust btc-e because they have acted honestly so far. As you pointed out just because you know the identity of the operator of an exchange does not mean that your money will be safe at the exchange.

Just because you don't know the identity of an exchange doesn't mean that they are faking their trading volume

All the exchangers are faking the transactions. No doubt about that.

What are you talking about "money and information cannot be seized" ? I hope you are joking Smiley
BTC-e owns a bank account and that bank account is public. Their clients are not paying them in cash Smiley

BTC-e owns have BIG banks accounts. They are not keeping the money under bed so they can be seized.

2022  Bitcoin / Bitcoin Discussion / Re: Bitcoin revealed: a Ponzi scheme for redistributing wealth - Washington Post on: January 15, 2015, 10:43:29 PM
Instead of trashing the Washington Post, does anyone have any intelligent critique of the author's points/ideas?

they don't. they will only say "Bitcoin is GOD" and that you are a fool who do not understand the "alien technology"  Smiley

pr472, what can you ask from people who are using exchangers like BTC-e or Lake BTC or any other ghost company without phone number, address and then they are screaming "they took my money ! " Smiley
2023  Bitcoin / Bitcoin Discussion / Re: Fake transactions in the exchanges again? Don't trust your eyes... on: January 15, 2015, 10:38:31 PM
Something fishy is going on right now

The price of BTC is ALWAYS, ALWAYS being manipulated by the big exchanges, especially BTC-E and Bitstamp!

question: where is BTC-E based? what's their phone number? Smiley

I know, you cannot answer because you don't know. Don't you find VERY odd that people are sending money to unknown companies?
They sent money and lost money with MT Gox which had a real office in Japan but at least they had one.

Can you imagine that BTC-e is one of the biggest Bitcoin exchangers even it is a ghost company?  Grin

These things say a lot about this market.

2024  Bitcoin / Bitcoin Discussion / Re: Mt Gox CEO Mark Karpeles Implicated in Silk Road Trial on: January 15, 2015, 10:07:03 PM
Most of the big exchangers are the same. That's why they will be closed. The ones from USA like BitPay and Coinbase very soon.

So do you know Tony? He's a great guy and a savvy businessman. And have you been out to SF to see Coinbase. Great location huh?
Now why would these successful companies close? They have tens of thousands of happy customers.  

Because they are ALL outlaw. they are not MSB as it is required.

I mean, other "stupids" must be registered as MSB by paying bonds, taxes, audits, waiting for months to get the license and some "smart and great guys" like this "Tony", NOT.

According to the FINCEN:

" a person that creates units of convertible virtual currency and sells those units to another person for real currency or its equivalent is engaged in transmission to another location and is a money transmitter. In addition, a person is an exchanger and a money transmitter if the person accepts such de-centralized convertible virtual currency from one person and transmits it to another person as part of the acceptance and transfer of currency, funds, or other value that substitutes for currency."

It's just a matter of time until all the so called exchangers will be closed.

SilkRoad had thousands of happy customers too. Does it matter? They are behind the bars now.

Do you remember Bitinstant? Bitinstant owner (Charlie Shrem ) pleads guilty to operating unlicensed money transmitting business. Do you want more examples?

What is the difference between BitInstant and Coinbase, Bitpay, Kraken? NONE !


2025  Bitcoin / Bitcoin Discussion / Re: Mt Gox CEO Mark Karpeles Implicated in Silk Road Trial on: January 15, 2015, 09:35:05 PM
So the head of the largest Bitcoin exchange in history--which also served as a BTC bank of sorts for more than any other entity in history--was the man behind the largest black market site in history? Well, at least it was associated with Magic: The Gathering. At least that part's not criminal!

Most of the big exchangers are the same. That's why they will be closed. The ones from USA like BitPay and Coinbase very soon.
2026  Bitcoin / Bitcoin Discussion / Re: Bitcoin's Price Drop in the Headlines on: January 15, 2015, 08:41:40 PM
Funny thing is ...

http://www.washingtonpost.com/blogs/wonkblog/wp/2015/01/14/markets-are-freaking-out-for-no-good-reason/?tid=hybrid_sidebar_alt1_strip_2

other markets freaking out for "no good reason", but according to media, bitcoin dropping because "it's wrong, it's bad, it's only for drugs, it's totally expected" yadda yadda yadda.


and it is full of hackers, scammers and dreamers.

2027  Bitcoin / Bitcoin Discussion / Re: Fake transactions in the exchanges again? Don't trust your eyes... on: January 15, 2015, 08:15:27 PM
SO Huobi was hacked today. Seems to be next GOX is coming Huh


well, they were "hacked" via Egopay couple of days ago. They lost a lot of money there.....and it is possible that all their Bitcoin to be stolen Smiley
2028  Economy / Service Discussion / Re: Is there something wrong with Blockchain.info? on: January 15, 2015, 08:05:18 PM

 I am trying to log in but it is stuck at identifier , the part I need to type my password doesn't show up?

 I haven't logged in for a long while but I suppose it doesn't just close account if you are inactive certain period of time so the first thing came to my mind if there has been an attack or maybe crash or whatever at blockchain in last 3-4 months?

 TL;DR can't log in to my blockchain is something wrong?

Call Bitcoin to fix your issue. Cheesy

Oh, I forgot, Bitcoin is de-centralized. Well, bad luck for you. Keep using it so that you can "sponsor" the hackers Smiley
2029  Economy / Service Discussion / Re: Bitstamp Issue on: January 15, 2015, 08:02:04 PM
Quote
call them !  Smiley
can you find a phone number on the page? because i cant

nope but they pose as being a "corporation", right? fancy office in London  Grin. I guess they can afford a land line.

BUT they don't wanna be disturbed. Guess what, their address is not their business address and there is no phone related with them.
So, they can easily disappear . It's the same for all the so called exchangers.

Do you imagine that so many people are trusting such ghost companies (without any valid/real address, phone number for A LOT of money? Smiley

2030  Bitcoin / Bitcoin Discussion / Re: CNN Money article, Bitcoin is a bubble on: January 15, 2015, 06:46:26 PM
media is saying the truth. Bitcoin is a bubble, full of speculators and manipulators(including the big exchangers).
of course, there are some dreamers and honest people who thinks that they will be rich fi they use Bitcoin.

Bubble with 1 MIL people only Smiley  I like to remember that.

2031  Economy / Service Discussion / Re: EgoPay servers compromised? Sending fake transactions to merchants on: January 15, 2015, 06:36:46 PM
it is confirmed. Egopay was hacked and then the owners ran with the money. they are saying that the management is changing just to earn some time.

millions are missing. very curious why only a part of their exchangers came to public until now. I think they are still hoping to get some funds back from Egopay but NO chance . Smiley
2032  Economy / Service Discussion / Re: Bitstamp Issue on: January 15, 2015, 06:34:33 PM

i did a bitcoin tranfer to bitstamp 24 hours ago, but it´s not confirmed.

anyone know any solution?

Thanks.
you should write to their customer support

 thanks. there is no solution
i mean you should write an email to them not read the faq or something

i did. but bitstamp still have not answered me.


call them !  Smiley
2033  Economy / Service Discussion / Re: EgoPay.com - Official Support Thread on: January 15, 2015, 06:32:35 PM
Egopay was hacked and then they blocked all the accounts. The money are missing. Millions of USD.

The exchangers do not have access to the funds. They lost a lot of money(including the bitcoin exchangers).

 Egopay is DEAD
2034  Economy / Service Announcements / Re: Currenca.com - Bitcoin, Litecoin to Perfect Money, EgoPay, OKPAY, Payeer, Payza, on: January 15, 2015, 06:31:03 PM
how can you offer Egopay exchanges when Egopay is hacked and dead?
2035  Bitcoin / Bitcoin Discussion / Re: The Price of Bitcoin Doesn’t Matter Right Now | Wired on: January 15, 2015, 06:02:06 PM
The price of Bitcoin has taken bit of a dive over the last couple of days, shedding over 20 percent of its value in the last 24 hours. The sell-off, like other sell-offs and rallies before it, draws a lot of attention and questions about what it means for the future of the technology. Here’s why I don’t focus on price much.

Bitcoin is best thought of as a 5- to 10-year project, and we’re at the very early stages. An (admittedly imperfect) analogy is the early Web.

Like the early Web, Bitcoin is an open platform that no one owns, and on top of which anyone can build without having to get anyone else’s permission. And just like the early Web, success requires investors, entrepreneurs, and developers to build out the infrastructure and applications that will make it useful to average users.

The World Wide Web was conceived by Tim Berners-Lee; he published a paper proposing it in March of 1989. The following year he worked to implement the idea in code, making the first website in December of 1990. The first popular Web browser didn’t come until 1993 when Marc Andreessen and the team at the National Center for Supercomputing Applications released Mosaic. The following year Andreessen started Netscape and released the Netscape Navigator browser in 1994.

Those of us old enough to remember using Navigator to browse the Web over a Winsock connection on a 56k baud modem can attest that it was not the amazing experience we take for granted today. In fact, if you couldn’t see that the technology would evolve, you would have concluded that it was practically useless. For one thing, there was no easy way to find things on the Web. Well, we didn’t get Google until 1998.

Google is now the most visited website on the planet. Second to it is Facebook, and for many people the Web is virtually synonymous with social networking. Yet Facebook was not founded until 2004–a full 14 years after the Web was first conceived.

So here’s the parallel: Bitcoin was conceived by Satoshi Nakamoto and proposed in a paper published in 2008. He worked on implementing the idea into code, mining the first block of the blockchain in January of 2009. So, if we take the Web as a parallel, we’re at the stage in Bitcoin were we would hope to see a Mosaic level development, not a Facebook.

In other words, it’s early days. The Googles and Facebooks of Bitcoin–the killer apps that will make the technology indispensable for ordinary users–may not come for another 5 years.

Unlike the early Web, though, Bitcoin has a price ticker people look at daily, and so they wring their hands. Every dip and spike in the price gets a lot of attention and spells either doom or “irrational exuberance.” But as Marc Andreessen has pointed out, “the price of domain names didn’t determine the usefulness of the Internet.”

With a longer time horizon in mind, you can put the short-term drops and rallies in price of Bitcoin in perspective. So don’t worry so much.

SOURCE: http://www.wired.com/2015/01/price-bitcoin-doesnt-matter-right-now/

This journalist can go suck his own balls.
Price doesnt matter? First of all this broke ballicking journalist dont have any btc.
All the investors. Startups. Ppl inbtc industry all the money and brc they invested and price doesnt matter?
If you guys have a little logic or little btc at least ppl wouldnt say this
Im really sick of ppl saying price doesnt matter. It does matter and in fact it matters allost the most.
Who the fucks gonna look at btc when its 0.5$ a coin? Maybe this journkidt mom asking for one from her grave


very well said. the price matters a lot but there many fanatics here Smiley
2036  Economy / Service Discussion / Re: CEX.IO Suspends Cloud Mining............. on: January 15, 2015, 05:20:19 PM
now bitcoin prize is 210 dolar
if we can see over 250 dolar, mining will be profitable again
i hope we can see..
i lose profit cex and hashnest in same time Sad

What was the price when cex stopped its cloud mining operations? I think they will definitely offer cloud mining when the price is 300$

it was 230 USD.

many other big miners stopped their activity and cash out the Bitcoin. the boat is sinking  Embarrassed
2037  Economy / Exchanges / Re: 【LakeBTC.com】Bitcoin Exchange on: January 15, 2015, 05:14:41 PM
LakeBTC had a large amount in Egopay which is hacked. They lost a lot of money with them
you mean that egopy was hacked but the loss is in lakebtc?

Yes, Egopay's owners disappeared with all the money. I guess there were hacked, they realized that the whole is too huge and gone.

The bitcoin merchants like Bitfinex, Lake BTC, Huobi and others have lost millions.

These are facts not rumors.

http://www.money-monitor.com/article/view/slug/egopay-turned-to-scam-or-hacked

Also, one of their exchangers, Payeer, came to public and saying that they are short with 200K.

So, Egopay is dead for good.
2038  Bitcoin / Bitcoin Discussion / Re: Can u still have reasons to keep ur bitcoin? on: January 15, 2015, 04:35:28 PM
what makes price go up? more buying than selling, basically.

how many people own/have bought btc in the world? probably less than 0.5% (i should probably check it somehow, maybe its less, but surely no more than 1%).

Does BTC tech have potential to reach new markets and the 'remaining 99%'? sure, its growing all the time, it didnt take much for china to jump on board - and theres plenty of regions yet to get on the band wagon: s america, africa and large parts of asia. when the flame is lit in these regions, buyers will move in causing price rise.  

when are they likely to? when features and services improve in those regions, and price is attractive (like now). People are still working on it, they havent stopped. adoption is spreading all the time, its just a matter of when it will break (imo).

what has changed fundamentally with BTC industry since the last price rise? mostly good news - making the btc infrastructure stronger, not weaker.

So price fall is (more likely) due to a '.com bubble' like behavior, not because the system is broken down.
Price drops in the face of good news is nothing new. price is just going down because people are selling more. once they calm down and buyers keep price propped up and exhaust the sellers power, it will buoy up again.
luckily, a new region is more likely to catch on and start buying btc when the price has been low for a while (like now-ish). and i seriously doubt the existing btc community will let it drop so far down that a systemic collapse occurs.  

my feeling is that price will stabalize down here soon. everyone will realise it might be cheap so start buying sheepishly. a new territory (like argentia) sees the potential in it and buys in, causing more buying and more confidence with the longer term users. More companies and tools and merchants get on board, and more confidence etc etc.



Short version:
most people and most regions in the world are yet to buy into btc, so the potential for expansion is way bigger than potential for collapse. The infrastructure is getting stronger, not weaker. The price dip is more 'trading' than a reflection of the fundamental reasoning.

Therefore, buy or hold (if you can afford it!)

(((of course i could be wrong, btc could drop to 1$, miners stop working and pull the plug, the blockchain 'goes offline' and everyone has a mini melt down - but even if that happens, im positive the community will just pick the pieces back up again anyway. me thinks btc is hard to kill :p)))


how many people own/have bought btc in the world? probably less than 0.5% (i should probably check it somehow, maybe its less, but surely no more than 1%). ?

I will tell you : 1 Million people worlwide bought Bitcoin. YES, ONLY ONE million Smiley

I know that you were thinking that hundreds of millions but NO, 1 mil Smiley

After 6 years, the Bitcoin community is less than  the users from a decent forum. Try to think how much buzz Bitcoin have had in media; lobby and so on. A lot of money invested in these shits. By whom? Smiley

Where do you have this number from: 1 Million?


https://blockchain.info/charts/n-unique-addresses  - ONLY 180K people are dealing with it daily. This is an average number calculated for a year. YES, YES, only 150K-180K people are dealing with Bitcoin almost daily. Smiley

https://bitscan.com/bitnews/item/how-many-people-really-own-bitcoins-and-why-does-it-matter  - aprox 1 MIL REAL USERS.

Do not count the addresses, because most of the people has more than one. You have to count how many address have Bitcoin in them;
that have a meaningful quantity of bitcoins in.

Remeber Mt. Gox has account numbers as high as 270,000. Assuming they are sequential, and about 65% of the Exchange market (which they were by volume), that's 415K people who have participated on exchanges in 2014 Smiley
2039  Bitcoin / Bitcoin Discussion / Re: Can u still have reasons to keep ur bitcoin? on: January 15, 2015, 03:53:04 PM
what makes price go up? more buying than selling, basically.

how many people own/have bought btc in the world? probably less than 0.5% (i should probably check it somehow, maybe its less, but surely no more than 1%).

Does BTC tech have potential to reach new markets and the 'remaining 99%'? sure, its growing all the time, it didnt take much for china to jump on board - and theres plenty of regions yet to get on the band wagon: s america, africa and large parts of asia. when the flame is lit in these regions, buyers will move in causing price rise.  

when are they likely to? when features and services improve in those regions, and price is attractive (like now). People are still working on it, they havent stopped. adoption is spreading all the time, its just a matter of when it will break (imo).

what has changed fundamentally with BTC industry since the last price rise? mostly good news - making the btc infrastructure stronger, not weaker.

So price fall is (more likely) due to a '.com bubble' like behavior, not because the system is broken down.
Price drops in the face of good news is nothing new. price is just going down because people are selling more. once they calm down and buyers keep price propped up and exhaust the sellers power, it will buoy up again.
luckily, a new region is more likely to catch on and start buying btc when the price has been low for a while (like now-ish). and i seriously doubt the existing btc community will let it drop so far down that a systemic collapse occurs.  

my feeling is that price will stabalize down here soon. everyone will realise it might be cheap so start buying sheepishly. a new territory (like argentia) sees the potential in it and buys in, causing more buying and more confidence with the longer term users. More companies and tools and merchants get on board, and more confidence etc etc.



Short version:
most people and most regions in the world are yet to buy into btc, so the potential for expansion is way bigger than potential for collapse. The infrastructure is getting stronger, not weaker. The price dip is more 'trading' than a reflection of the fundamental reasoning.

Therefore, buy or hold (if you can afford it!)

(((of course i could be wrong, btc could drop to 1$, miners stop working and pull the plug, the blockchain 'goes offline' and everyone has a mini melt down - but even if that happens, im positive the community will just pick the pieces back up again anyway. me thinks btc is hard to kill :p)))


how many people own/have bought btc in the world? probably less than 0.5% (i should probably check it somehow, maybe its less, but surely no more than 1%). ?

I will tell you : 1 Million people worlwide bought Bitcoin. YES, ONLY ONE million Smiley

I know that you were thinking that hundreds of millions but NO, 1 mil Smiley

After 6 years, the Bitcoin community is less than  the users from a decent forum. Try to think how much buzz Bitcoin have had in media; lobby and so on. A lot of money invested in these shits. By whom? Smiley
2040  Bitcoin / Bitcoin Discussion / Re: Bitcoin revealed: a Ponzi scheme for redistributing wealth - Washington Post on: January 15, 2015, 03:45:26 PM
Looks like another reporter just heard about bitcoin. He has done his due diligence and spent 20 mins. googling "What is bitcoin?" Now he's an expert!  Cheesy

do you have to be an expert to use Bitcoin? If YES, then say it straight. Smiley

IF NOT then it is not so hard to see that Bitcoin is bubble and only few people are earning from it. It is OK but admit that Smiley

Bitcoin will not dissapear as system, the so called "exchangers" will dissapear because they will be closed very soon. The first ones will be from USA. Either BitPay, either Coinbase.
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