yayayo
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Activity: 1806
Merit: 1024
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April 17, 2015, 12:57:35 PM |
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How could anyone forget these:
- Bitcoinica - Tradehill
Funny that I almost forgot about these. There was so much drama attached to them (especially Bitcoinica). I may add: - GLBSE - inputs.io ya.ya.yo!
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. ..1xBit.com Super Six.. | ▄█████████████▄ ████████████▀▀▀ █████████████▄ █████████▌▀████ ██████████ ▀██ ██████████▌ ▀ ████████████▄▄ ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ ▀██████████████ | ███████████████ █████████████▀ █████▀▀ ███▀ ▄███ ▄ ██▄▄████▌ ▄█ ████████ ████████▌ █████████ ▐█ ██████████ ▐█ ███████▀▀ ▄██ ███▀ ▄▄▄█████ ███ ▄██████████ ███████████████ | ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ ███████████▀▀▀█ ██████████ ███████████▄▄▄█ ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ | ▄█████ ▄██████ ▄███████ ▄████████ ▄█████████ ▄██████████ ▄███████████ ▄████████████ ▄█████████████ ▄██████████████ ▀▀███████████ ▀▀███████ ▀▀██▀ | ▄▄██▌ ▄▄███████ █████████▀ ▄██▄▄▀▀██▀▀ ▄██████ ▄▄▄ ███████ ▄█▄ ▄ ▀██████ █ ▀█ ▀▀▀ ▄ ▀▄▄█▀ ▄▄█████▄ ▀▀▀ ▀████████ ▀█████▀ ████ ▀▀▀ █████ █████ | ▄ █▄▄ █ ▄ ▀▄██▀▀▀▀▀▀▀▀ ▀ ▄▄█████▄█▄▄ ▄ ▄███▀ ▀▀ ▀▀▄ ▄██▄███▄ ▀▀▀▀▄ ▄▄ ▄████████▄▄▄▄▄█▄▄▄██ ████████████▀▀ █ ▐█ ██████████████▄ ▄▄▀██▄██ ▐██████████████ ▄███ ████▀████████████▄███▀ ▀█▀ ▐█████████████▀ ▐████████████▀ ▀█████▀▀▀ █▀ | . Premier League LaLiga Serie A | . Bundesliga Ligue 1 Primeira Liga | | . ..TAKE PART.. |
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ikydesu
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April 17, 2015, 07:38:24 PM |
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Dont forget to cloud mining service which based on ponzi scheme like: - PBmining - hashprofit ~iki
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pat1900
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April 17, 2015, 09:50:00 PM |
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While Bitcoin is not dead yet, many important bitcoin companies have come and gone. While Banking is not dead yet, many important bank companies have come and gone. 140 bank failures in 2009, 152 in 2010, 92 in 2011, a.s.o. and these are the figures for the U.S. alone. Sorry, I digress. Back to the OP: bitlc.netIntersango
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USD: 0.000 BTC ▶ EUR: 0.000 BTC ▶
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TKeenan (OP)
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April 17, 2015, 10:21:12 PM |
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Quote it like this.... While Bitcoin is not dead yet, many important bitcoin companies have come and gone. Cut and paste to add your favorites to the list... 1) Mt. Gox 2) Bitinstant 3) Silk Road 4) Cavirtex 5) Buttercoin 6) Brawker 7) GLBSE inputs.io 9) GaW miners 10) SilkRoad#2 11) Butterfly Labs 12) CoinTerra 13) Mining ASICS Technologies (MAT) 14) Mintpal 15)ASICminer 16) Bitcoin24 17) HashFast 18) BTCT.co 19) Bittrivia 20) BitNetwork TV 21) Bitcoinica 22) Tradehill 23) Instawallet 24) PBmining 25) hashprofit
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Hazir
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Activity: 1596
Merit: 1005
★Nitrogensports.eu★
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April 17, 2015, 11:14:31 PM |
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Quote it like this.... While Bitcoin is not dead yet, many important bitcoin companies have come and gone. Cut and paste to add your favorites to the list... 1) Mt. Gox 2) Bitinstant 3) Silk Road 4) Cavirtex 5) Buttercoin 6) Brawker 7) GLBSE inputs.io 9) GaW miners 10) SilkRoad#2 11) Butterfly Labs 12) CoinTerra 13) Mining ASICS Technologies (MAT) 14) Mintpal 15)ASICminer 16) Bitcoin24 17) HashFast 18) BTCT.co 19) Bittrivia 20) BitNetwork TV 21) Bitcoinica 22) Tradehill 23) Instawallet 24) PBmining 25) hashprofit
I would like to point that many 'cloud mining" services turned out to be a simply scam and Ponzi scheme. In fact they didn't mine anything! I think you can add some names to that list: PBmining.com, Lunaminer.com, coinsoncloud.eu, Cryptomine.io, hashie.co, bitcoinlabmining.com, minethatcloud.com, chabatmining.com, GenerateBTC.com. You can also check Puppet list of scam cloud mining companies for more goodies, here: https://bitcointalk.org/index.php?topic=878387.0
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bryant.coleman
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Activity: 3766
Merit: 1217
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April 18, 2015, 04:10:00 AM |
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I think we could add these as well:
1. Instawallet 2. MyCoin (HK exchange) 3. Bitomat (Polish BTC exchange) 4. Bitp.it (mining pool) 5. Brasil Bitcoin Market (exchange) 6. BTC Buy 7. Btctip 8. Bit-Bank (wallet)
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jeffhuys
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April 18, 2015, 07:46:19 AM |
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Pff, I use bitcoin on a daily basis. It will never die. Not until I say so I got a guy here who gives out free resistors and shit, even microchips. Great guy, maybe he can get me an ASIC?
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TeamButtcoin
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April 18, 2015, 07:51:34 AM |
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Now post the ratio of failed to not-failed institutions for both fiat and bitcoin ecosystems
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crazyivan
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Activity: 1652
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DMD Diamond Making Money 4+ years! Join us!
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April 18, 2015, 08:33:13 AM |
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Does LTCgear counts into this? It s not strictly BTC company but a lot of people lost money there.
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btcxyzzz
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Activity: 888
Merit: 1000
Monero - secure, private and untraceable currency.
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April 18, 2015, 09:25:08 AM |
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What was that Ebay-like site for Bitcoin...?
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bryant.coleman
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Activity: 3766
Merit: 1217
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April 18, 2015, 12:09:11 PM |
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What was that Ebay-like site for Bitcoin...?
Bitmit. It was closed down almost an year ago. It was a great marketplace for the purchase of various legal products. I still don't understand why they closed it down. There is another site called Cryptothrift operating right now, but it is not that good.
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Soros Shorts
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Activity: 1617
Merit: 1012
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April 18, 2015, 12:46:26 PM |
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Just remembered another one:
- CryptoXchange
It wasn't a scam, although service got pretty bad towards the end.
EDIT: And does Bitcoin Magazine count?
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yayayo
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Activity: 1806
Merit: 1024
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April 18, 2015, 05:07:33 PM |
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Yes, but Bitcoin is still way smaller than the whole fiat financial system. So in comparison the failure rate seems higher to me. Of course, Bitcoin is still in its infancy and therefore attracts both a lot of bad actors and unprofessional entrepreneurs. But I'm sure that failure rates will improve with time. What was that Ebay-like site for Bitcoin...?
Bitmit. It was closed down almost an year ago. It was a great marketplace for the purchase of various legal products. I still don't understand why they closed it down. There is another site called Cryptothrift operating right now, but it is not that good. I still miss Bitmit as well. It really started to gain some traction... ya.ya.yo!
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. ..1xBit.com Super Six.. | ▄█████████████▄ ████████████▀▀▀ █████████████▄ █████████▌▀████ ██████████ ▀██ ██████████▌ ▀ ████████████▄▄ ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ ▀██████████████ | ███████████████ █████████████▀ █████▀▀ ███▀ ▄███ ▄ ██▄▄████▌ ▄█ ████████ ████████▌ █████████ ▐█ ██████████ ▐█ ███████▀▀ ▄██ ███▀ ▄▄▄█████ ███ ▄██████████ ███████████████ | ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ ███████████▀▀▀█ ██████████ ███████████▄▄▄█ ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ | ▄█████ ▄██████ ▄███████ ▄████████ ▄█████████ ▄██████████ ▄███████████ ▄████████████ ▄█████████████ ▄██████████████ ▀▀███████████ ▀▀███████ ▀▀██▀ | ▄▄██▌ ▄▄███████ █████████▀ ▄██▄▄▀▀██▀▀ ▄██████ ▄▄▄ ███████ ▄█▄ ▄ ▀██████ █ ▀█ ▀▀▀ ▄ ▀▄▄█▀ ▄▄█████▄ ▀▀▀ ▀████████ ▀█████▀ ████ ▀▀▀ █████ █████ | ▄ █▄▄ █ ▄ ▀▄██▀▀▀▀▀▀▀▀ ▀ ▄▄█████▄█▄▄ ▄ ▄███▀ ▀▀ ▀▀▄ ▄██▄███▄ ▀▀▀▀▄ ▄▄ ▄████████▄▄▄▄▄█▄▄▄██ ████████████▀▀ █ ▐█ ██████████████▄ ▄▄▀██▄██ ▐██████████████ ▄███ ████▀████████████▄███▀ ▀█▀ ▐█████████████▀ ▐████████████▀ ▀█████▀▀▀ █▀ | . Premier League LaLiga Serie A | . Bundesliga Ligue 1 Primeira Liga | | . ..TAKE PART.. |
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Bitware
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April 18, 2015, 11:06:30 PM |
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What was that Ebay-like site for Bitcoin...?
Bitmit. I still don't understand why they closed it down. Probably because it was a Money Services Business (MSB) that held stored value in the form of bitcoins through their escrow service until the buyer released the funds by acknowledging their receipt of the purchased goods.
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ToshiOcean
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Activity: 16
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April 18, 2015, 11:40:45 PM |
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Casualty List? I nominate the guy who tossed an old hard drive - containing thousands of Bitcoins - into the dumpster. Of course he was an early miner. I really hate that this man didn't get his slice. Like the old Chinese curse says, "May you live in interesting times."
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moni3z
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April 19, 2015, 12:03:28 AM |
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Forgot the massive MyBitcoin wallet scam, probably the first large bitcoin 'business' to disappear. Also Bitomat.pl exchange who shut down their EC2 instance and deleted their entire wallet accidentally.
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bryant.coleman
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April 20, 2015, 03:29:53 AM |
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Probably because it was a Money Services Business (MSB) that held stored value in the form of bitcoins through their escrow service until the buyer released the funds by acknowledging their receipt of the purchased goods.
The basic logic behind that is good. But it can't be applied to Bitcoin-based businesses, as BTC is a very volatile currency. For example, a buyer, who is selling some stuff for BTC0.10 (when the exchange rate is $900), can incur huge loses if the exchange rate drops to $200. Here, instead of $90, he is getting only $20.
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TheMage
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April 20, 2015, 04:47:55 AM |
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Moolah.io (separate from mintpal which he bought and gutted).
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tins
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April 20, 2015, 06:15:56 AM |
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Would mcxNOW fall in here? He never directly stole anything, but did sell 50,000 profit shares and closed down the exchange a few weeks later...
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