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Keyword: bitcoin

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  • Get Ready for Most Cryptocurrencies to Hit Zero, Goldman Says [Bloomberg Link Only]

    02/07/2018 5:38:19 AM PST · by C19fan · 31 replies
    Bloomberg [Link in Body of Thread] ^ | February 6, 2018 | Kana Nishizawa
    Click here to go to Bloomberg.
  • As Bitcoin Bubble Loses Air, Frauds and Flaws Rise to Surface

    02/06/2018 5:46:50 AM PST · by C19fan · 24 replies
    NY Times ^ | February 5, 2018 | Nathaniel Popper
    You did not have to be a technophobe to worry that the virtual-currency boom of the past year papered over plenty of problems. The scale of those problems is starting to become clear as digital tokens have slid more than 50 percent in value from their peaks in early January, with steep drops on Monday pushing the value of Bitcoin specifically below $7,000.
  • Think Bitcoin Is Anonymous? Some Dark Web Users Find Out It’s Not

    02/05/2018 12:56:19 PM PST · by nickcarraway · 21 replies
    ValueWalk ^ | Michelle Jones | February 1, 2018
    When bitcoin was first introduced, one of the concerns was that it was being used as a form of payment for questionable and/ or illegal transactions, such as those on the now-defunct marketplace Silk Road. The reason it was so popular for such transactions was because it provided an untraceable way to pay for items, but that seems to be changing. Researchers recently discovered that they were able to unmask some dark web users by linking them to bitcoin wallets that were used for transactions on the dark web. As a result, the anonymity once offered by bitcoin seems to...
  • ADVANCE[Charismatic Caucus]

    02/05/2018 10:09:00 AM PST · by Jedediah
    My children do you realize all the battles we have walked through together have already made you Overcomers as David over Goliath ?! Now I desire you to take the hand of others I have placed in your path and reveal to them that I AM The KEY to all trials and I alone hold the Key to their Victories as I overcame for you in your Valleys ! Now be that buoyancy compensator for as I have been the Lifter of your Soul Now I desire you to lift up others and love them as I Love you for...
  • Lloyds BANS its nine million credit card customers from buying Bitcoin after the [tr]

    02/05/2018 3:58:00 AM PST · by C19fan · 16 replies
    UK Daily Mail ^ | February 4, 2018 | Alex Mathews
    Lloyds has banned its nine million credit card customers from buying Bitcoin after the cryptocurrency more than halved its value in just two months. Britain's biggest bank has put a halt on purchases of the digital currency over concerns that it could be left footing the bill for unpaid debts. Bitcoin's price has fallen by 57 per cent from £14,000 in December to less than £6,000 last night.
  • JPMorgan Chase, Bank of America & Citi bar people from buying bitcoin with a credit card

    02/04/2018 3:49:25 AM PST · by C19fan · 92 replies
    CNBC ^ | February 2, 2018 | Evelyn Cheng
    J.P. Morgan Chase, Bank of America and Citigroup said Friday they are no longer allowing customers to buy cryptocurrencies using credit cards. "At this time, we are not processing cryptocurrency purchases using credit cards, due to the volatility and risk involved," a J.P. Morgan Chase spokesperson said in a statement to CNBC. "We will review the issue as the market evolves."
  • RAPPER 50 CENT ‘FORGOT ABOUT’ BITCOIN STASH NOW WORTH $8.5M

    01/24/2018 12:15:25 PM PST · by nickcarraway · 14 replies
    Bitcoinist ^ | JANUARY 24, 2018 | WILMA WOO
    An unsuspecting 50 Cent may have accrued $8.5 million in Bitcoin album sales he “forgot about” after fans purchased ‘Animal Ambition’ in 2014. 50 CENT: ‘I’M GETTING TO THE BAG’ \ The rapper allegedly made the comments in response to an investigation by showbusiness magazine TMZ, which suggested copies of the album had netted him around 700 BTC, at the time worth $400,000. In fresh comments on Twitter, 50 Cent confirmed he was “getting to the bag” amid a flurry of advice from cryptocurrency holders, chief among which was to ‘hodl’ his earnings. A little bitcoin anyone? LOL. l know...
  • Oakland Home on the Market for Bitcoin

    02/02/2018 10:34:43 AM PST · by nickcarraway · 8 replies
    NBC Bay Area ^ | Feb 1, 2018 | Ian Cull
    As if the Bay Area wasn’t already expensive enough to live in, a house in Oakland is officially on the market for Bitcoin or other cryptocurrencies. The Oakland home, near San Leandro, is located at 2559 Oliver Ave. and was first listed on Friday. The real estate agent, Sean Beattie of Realty Experts, said in the first few days the home was listed, the property received inquiries “every five minutes,” SF Weekly reported. The Bay Area News Group reports that offers have even come from as far away as Italy and China. The four-bedroom, two-bath, remodeled home near the Oakland...
  • Bitcoin tumbles as cryptocurrency sell-off intensifies

    02/02/2018 11:41:09 AM PST · by BenLurkin · 12 replies
    Reuters ^ | 02/02/2018 | Tommy Wilkes, Gertrude Chavez-Dreyfuss
    This week’s slump brought the total market value of cryptocurrencies down to around $400 billion, half the high it reached in January, according to industry tracker Coinmarketcap.com. The market value of cryptocurrencies is calculated by multiplying the number of digital coins in existence by their price, although many question whether that is the right way to value them. Bitcoin, the biggest and best-known cryptocurrency, fell as much as 15 percent on Friday to a two-month low of $7,625 on the Luxembourg-based Bitstamp exchange BTC=BSP. It clawed back some losses and was down around 4.1 percent at $8,623.50 in mid-morning New...
  • Bitcoin plunges below $8,000 after fall of 55% from 2018 peak [tr]

    02/02/2018 5:40:30 AM PST · by C19fan · 21 replies
    UK Daily Mail ^ | February 2, 2018 | Louise Hill
    Bitcoin’s value plunged to below the key level of $8,000 today amid fears of government crackdowns on digital currencies after US regulators launched an investigation into the sector this week. Its lowest point of $7,695 represented a fall of 15 per cent from its price at midnight GMT of $9,050 and was 55 per cent below its 2018 peak of $17,135 hit on 6 January.
  • BitCoin Alert: Dropping Considerably Tonight, As Low as 8314 now mid 8400 Range

    02/01/2018 10:46:38 PM PST · by DoughtyOne · 105 replies
    Bitcoin Ticker ^ | 02/01/2018 | DoughtyOne for Free Republie
    For those who are interested in the BitCoin phenomenon, it has been dropping considerably tonight. It has been as low as 8314, but is now rebounding in the mid 8400 range. I have provided a link to the ticker.
  • Worries Grow That the Price of Bitcoin Is Being Propped Up

    02/01/2018 6:15:31 AM PST · by C19fan · 68 replies
    NY Times ^ | January 31, 2018 | Nathaniel Popper
    A growing number of virtual currency investors are worried that the prices of Bitcoin and other digital tokens have been artificially propped up by a widely used exchange called Bitfinex, which has a checkered history of hacks and opaque business practices.
  • Worries Grow That the Price of Bitcoin Is Being Propped Up

    01/31/2018 8:52:44 PM PST · by cba123 · 34 replies
    NYT ^ | JAN. 31, 2018 | By NATHANIEL POPPER
    A growing number of virtual currency investors are worried that the prices of Bitcoin and other digital tokens have been artificially propped up by a widely used exchange called Bitfinex, which has a checkered history of hacks and opaque business practices. In December, Bitfinex was subpoenaed by the Commodity Futures Trading Commission, a United States regulatory agency. The news, first reported by Bloomberg on Tuesday and confirmed by a source familiar with the subpoena but not allowed to publicly discuss an ongoing investigation, led to a sell-off in most virtual currencies. -- Didn't know about Bitfinex until reading this article....
  • US Asks S. Korean Banks to Investigate Cryptocurrency Exchange Transactions [N. Korea]

    01/28/2018 7:00:51 PM PST · by TigerLikesRooster · 7 replies
    Business Korea ^ | 29 January 2018 | Yoon Yung Sil
    US Asks S. Korean Banks to Investigate Cryptocurrency Exchange Transactions Seoul, Korea 29 January 2018 - 9:30am Yoon Yung Sil The New York State Department of Financial Services (DFS) asked six South Korean banks and their New York branches to report on the current conditions of digital currency transactions in South Korea and their measures to prevent money laundering. It is very rare for the U.S. to make a request for business in South Korean branches. The U.S. seems to be concerned that virtual currency can be a loophole in financial sanctions on North Korea. According to investment banking (IB)...
  • Japanese cryptocurrency exchange loses more than $500 million to hackers

    01/26/2018 4:49:21 PM PST · by C19fan · 14 replies
    CNBC ^ | January 26, 2018 | Evelyn Cheng
    Hackers stole several hundred million dollars' worth of a lesser-known cryptocurrency from a major Japanese exchange Friday. Coincheck said that around 523 million of the exchange's NEM coins were sent to another account around 3 a.m. local time (1 p.m. ET Thursday), according to a Google translate of a Japanese transcript of the Friday press conference from Logmi. The exchange has about 6 percent of yen-bitcoin trading, ranking fourth by market share on CryptoCompare.
  • 'I Know You Cheated on your Wife.' Growing blackmail Scam Demands Payment in Bitcoin

    01/25/2018 12:16:25 PM PST · by nickcarraway · 52 replies
    CNBC ^ | Tue, 23 Jan 2018 | Jennifer Schlesinger
    "I know you cheated on your wife." Those chilling words were in a letter sent to Dave Eargle's home. The then-graduate student found the note in his mailbox and could not believe what he was reading. "It is just your bad luck that I stumbled across your misadventures while working a job," the letter continued. "Even if you decide to come clean with your wife about your cheating, doing so won't protect her from the humiliation she will feel when her friends and family find out the sordid details from me." And then finally, a demand: "If you want me...
  • Nasdaq ‘investigating’ bitcoin futures that are different to rivals, CEO says

    01/23/2018 7:07:05 AM PST · by SeekAndFind
    CNBC ^ | 01/23/2018 | Sylvia Amaro, Arjun Kharpal
    The Nasdaq is assessing how to offer cryptocurrency futures in a way that none of its competitors have so far managed, the CEO of the stock exchange told CNBC Tuesday. Adena Friedman confirmed earlier reports that the Nasdaq is looking into bitcoin futures, but did not give a timeline for a launch or if it will definitely happen. Though her comments suggest that the development of a product is indeed happening. "We are continuing to investigate the idea of a cryptocurrency futures (contract) with a partner and we continue to look at the risk management around that, making sure we...
  • My occupations for you are endless

    01/22/2018 1:07:10 PM PST · by Jedediah · 12 replies
    My occupations for you are endless so don't box yourself in, just allow my spirit to lead you into each pasture of revelation knowledge with out fear of reprisal or resistance for as I AM in and through you nothing can ever harm your life in Me . Allow me to flow freely as you saturate yourself in My word daily so that you understand completely just what it is I plan to accomplish through you . There is no need to confide in the Ephod for I AM your complete armor and eyes for now as you trust me...
  • Man Who Ordered £3,000 Bitcoin Gear Online Furious After Being Sent Boss Baby DVD Instead

    01/22/2018 1:22:14 PM PST · by nickcarraway · 11 replies
    DevonLive ^ | 22 JAN 2018 | Richard Amofa
    Ichim Bogdan Cezar, from Plymouth, believes he was the victim of a scam after forking out more than £3,000 on Bitcoins, only to receive a copy of the DVDA man from Devon was left fuming after what he thought was going to be his fortune turned out to be a DVD of the Boss Baby. Ichim Bogdan Cezar, from Plymouth, believes he was the victim of a scam after forking out more than £3,000 on Bitcoins, only to receive a copy of the DVD. He also slammed Amazon for refusing to refund the product on two occasion in a grievance...
  • Heart to heart

    12/26/2017 8:55:20 AM PST · by Jedediah · 4 replies
    Do you see my child I am calling you to meet me heart to heart for only as our hearts become one can we then walk together as one for I desire a convening of hearts as Emmaus and Truly your heart will burn and hunger for what I shall reveal " The Hidden Manna" that is yours to partake of freely for you have overcome much but there is more. Luke 24:13–35 On the Road to Emmaus 13 That very day ytwo of them were going to a village named Emmaus, about seven miles1 from Jerusalem, 14 and they...