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1  Economy / Exchanges / Re: virwox End of Service: January 6, 2020 on: December 05, 2019, 01:13:24 PM
The official reason for the closure is stricter EU rules which they can't or won't comply with, but it has been in semi exit scam mode since shortly after they lost Paypal support.

They were originally an exchange for the Second Life currency Linden Dollar (SLL), but in 2015 they were shut out from Second Life. This effectively made the SLL currency on Virwox worthless except for what others on Virwox were willing to pay for it, and the value of SLL crashed. The actual SLL was always on Virwox's account, so they could now sell it for the full price on the Second Life exchange while owing their users nothing.

Virwox started buying back SLL before the value crashed enough that their users lost all confidence, but in the years after that they let the price slip slowly. Since this spring that price slip has accelerated, and you now have to pay about 320 SLL for 1 USD on Virwox even though the owners of Virwox sold the same SLL for 250-270 SLL per 1 USD. The difference can be pocketed by the owners.

This is not the only shady way they have made extra profit. They have also done a hefty amount of front running. If the price difference between the seller and the buyer was sufficiently large, they would take up to 80% of a transaction for themselves. This meant that if you put up an order to buy SLL for the amount of USD 100 at a fixed price and someone sold $100 worth of SLL at market price, then only 20% of your order would be fulfilled. The rest of the SLL would be bought by Virwox so they could sell it back at a higher price to other customers using the same method or normal orders. This would be invisible for both the buyer and the seller unless you paid attention to the order depth and checked the transaction log.
2  Bitcoin / Press / [2018-10-19] Police release pictures of suspected killer of bitcoin trader on: October 20, 2018, 09:36:09 AM
The police has released pictures of a suspect in relation to the murder of the 24 year old bitcoin trader Heikki Bjørklund Paltto. He is described as approximately 170 cm (5.57 feet) tall, has brown eyes and does not speak Norwegian very well. He may have fled the country.

The tattoo on the hand may be related to the Angolan flag:

Any information about this person or the tattoo should be sent to the Oslo Police dept. at or phone +47 22 66 90 50. You can contact them in English.

Article in Norwegian:
3  Economy / Exchanges / Re: What is happening with on: November 03, 2017, 08:06:39 PM
I agree that their information policy leaves much to be desired, but not that it's particularly risky to have money with them. To my knowledge it is the oldest still existing Bitcoin exchange. You should never keep money on an exchange if it is at all avoidable, though.
4  Economy / Exchanges / Re: What is happening with on: November 02, 2017, 11:44:54 PM
The site has been up pretty much continuously for the last 12 hours. If you still can't access it then maybe your IP is being blocked by the DDOS protection system.
5  Alternate cryptocurrencies / Altcoin Discussion / Re: BBC fork has happend or not ? on: August 01, 2017, 01:32:17 PM
According to the fork monitor the split has happened now.
6  Bitcoin / Armory / Re: Paper Wallet, Root key, Private Key formats and restore wallet in other software on: July 30, 2017, 09:55:26 PM
So no way to extract the BCC after the fork so I can dump them except transferring everything to another wallet before the split? If they're still worth 0.1 BTC at that time then we're leaving a fair bit of money on the table. I expect the price to crash so I wouldn't want to wait.
7  Local / Skandinavisk / Re: tax on bitcoin profits in scandinavia? on: July 01, 2017, 08:45:15 PM
Google translate is translating your article to "VAT" (value added tax).
But I'm asking about tax on bitcoin profits (I hope it is self explanatory in every country that there is no VAT on any bitcoin trade)
That is correct, it was only the VAT part that was dropped. You still have to pay capital gains tax for profits, but losses can be deducted. Depending on how much time you spend trading they could also decide that the profits should be taxed as income from work, which has a higher rate. It's not possible to know in advance what it will be.
8  Local / Servicios / Re: Cajeros físicos Bitcoin Barcelona on: June 21, 2017, 01:33:36 PM
El propietario es un estafador.
9  Bitcoin / Press / Re: [2017-05-15]Hackers who infected 200,000 machines have only made $50,000 worth on: May 16, 2017, 08:05:54 AM
Some have no other way - they have to pay. Special. If the computer on which all information for work is stored is infected. The guide will not understand your explanations that the computer is infected. They need the result
I'm not sure if you understand what I'm writing, because what you write doesn't make much sense. Sure some people are paying (we can see that from the three bitcoin addresses the program uses), but there is no use in doing so. The files won't be decrypted no matter what they do because this particular ransomware is too badly written to understand that they have paid.
10  Bitcoin / Press / Re: [2017-05-15]Hackers who infected 200,000 machines have only made $50,000 worth on: May 15, 2017, 10:43:59 PM
Paying a bunch of criminals is no solution. If you pay them once, you will give them incentive to continue doing so. Plus you don't know if your files will really be decrypted after paying.
As I said, in this case we know that the files won't be decrypted even if you pay. Infections created by more professional criminals will frequently release the files if you pay.
11  Bitcoin / Press / Re: [2017-05-15]Hackers who infected 200,000 machines have only made $50,000 worth on: May 15, 2017, 08:16:34 PM
Maybe most people have figured out that there is no use in paying because the program doesn't know who has paid.
12  Bitcoin / Press / Re: [2017-4-2] Global Bitcoin ATM Infrastructure Expands in March With 53 New BTMs on: April 03, 2017, 09:46:12 AM
It's probably just because Bitcoin ATMs don't require much upkeep.
You'd think so, but apparently they do. Most people don't give feedback on Coinatmradar, so they will still list them even if they haven't been working for years. In Spain one of the largest providers (ATMs Bitcoin Exchange SL) has turned into a big scam. Besides not refunding when they ATMs aren't paying what they should (which is very frequently), the owner is also running several ponzies which have stopped paying. There are several threads about it in the Spanish forum. I tried to warn about it on Coinatmradar but was banned.
13  Economy / Speculation / Re: Why Does Anyone Think BTC Splitting into Two Will Make BU Go to the Moon? on: March 28, 2017, 08:32:40 AM
How can you say that?  The hard fork can't happen if Bitcoin Unlimited doesn't get at least 75% of the total hash power.
Yes, it can, because the BU developers are not very good at what they do. They have already caused a split once by making a broken block that was only valid with their client. If they had more than 50% of the hash power then the Core chain might never have caught up with it and the split would have been permanent.
14  Local / Español (Spanish) / Re: Valencia: Presentación de BITCOIN INVESTORS TRUST SLU on: February 02, 2017, 10:19:13 AM
En fin, he intentado comprar una pequeña cantidad por probar pero no reconocía mi código QR... así que iré a probar otro día, pero la comisión me sigue pareciendo un poco alta (por no decir mucho)
Lo siento, pero probablemente no vas a recibir tu dinero.

Debes que escribirlo en
15  Economy / Service Discussion / Re: My Account got hacked on LocalBitCoins on: January 05, 2017, 11:34:38 AM
My first suspicion would be that your browser was somehow tricked into sending the HTTP requests needed to withdraw the coins to that address while you were already logged in. Either by some clever hack or because you clicked a link you shouldn't have.
16  Bitcoin / Press / Re: [2016-12-30] New Image Hosting Service Pays Thousands of Uploaders in Bitcoin on: December 31, 2016, 04:51:44 PM
I could be wrong, but paying users through advertising revenue is exactly the same business model employed by faucets.  As such, I can't imagine the payouts for this being vastly better than faucets.  It even says in the article "payouts are typically very small".  Also, if users are embedding the images they upload directly onto forums and social media, where do the advertising revenues even come from?  Surely people viewing the images would have to visit the page with the ads displayed on it for it to be profitable?
All your answers would have been answered if you had just looked at their front page. They only pay for links to the site. If you post popular images that gets thousands of views then it will be much more profitable for advertisers than if the same user is clicking reload on the same page every 15 minutes. Also, this is much more interesting to look at than just ads:
17  Local / Skandinavisk / Re: Long time on: December 16, 2016, 11:42:15 PM
Du kan fjerne unconfirmed ved å bruke parameteret -zapwallettxes på bitcoin-klienten (etter bitcoin-qt.exe).
18  Local / Skandinavisk / Re: Lang tid on: December 12, 2016, 08:30:33 AM
Det er for lav fee, ja.
19  Bitcoin / Press / Re: [2016-11-27] Guadian - Why The U.S. Government Wants to Bring Cryptocurrency... on: November 27, 2016, 10:06:06 PM
I'm pretty sure the date says the 27th.
This one says the 18th.
20  Bitcoin / Press / Re: here comes the IRS on: November 27, 2016, 08:37:42 PM
This is old news and you're not even following the guidelines for posting in this forum.
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