Bitcoin Trader was an obvious ponzi scheme which inevitably disappeared with all the bitcoin invested by customers. The scheme marketed itself as one that could deliver a passive income on auto pilot to customers by taking advantage of arbitrage opportunities in the market, returning profits to customers after a 120 day period. Where some people see numerous red flags, others see opportunity! Continue reading
Category Archives: Commentary
Robocoin Removed By Australian Police As Part Of Drug Arrests
Operation Juliet Wave, a 2 year drug trafficking investigation culminated today in the execution of 18 search warrants across Queensland as well as numerous arrests, one of which include the proprietor of a Brisbane coffee shop in which a Bitcoin ATM was installed earlier this year. Continue reading
After Defeating It In The Bitcoin Market, La Serenissima Bleeds The USG All Over The Dow
Washington, DC had a financial plan to neuter Bitcoin on top of the usual operational plans of infiltration work etc. The way this plan was supposed to unfold ? First the USMS announces an auction for some Bitcoin they've managed to steal from US residents. The supposed auction was supposed to be open. It was also supposed to be won by a designated USG agent, and the price announced should have been significantly under market. Then any and all Bitcoin that could be begged, borrowed or stolen by Washington was going to be dumped on the market through "expert" hands, to a crescendo background of the well publicised wails of the usual suspects. And so Bitcoin was going to crash and burn. Continue reading
Lawsky Stays Lulzy
Benjamin Lawsky, the superintendent of financial services for the state of New York, today discussed some of the changes, which he said is more of a clarification, to the rules for the proposed set of regulations that make up the controversial BitLicense plan. Continue reading
Surveillance Mogul: Make Bitcoin Like Paypal
Peter Thiel, notable for being the founder of global surveillance firm Palantir and a co-founder of Paypal, today described Bitcoin as "lacking a Payment system" of the sort Paypal had while also criticizing it for introducing a new currency "for speculators." Thiel also insisted commerce happening in Bitcoin was almost entirely illegal. In his conversation with US today Thiel noted he has roughly three quarters of his wealth tied up in illiquid tech stocks.
CoinJar Confident Despite Recent Difficulties
CoinJar, an Australian company self-described as "Australia’s leading bitcoin platform", have released a blog update in which they state despite difficulties, the team remains agile, adaptable and confident for what the future might bring. Continue reading
CryptosNews Join The Shenanigans At StartJOIN
CryptosNews, a news website project by the Europe Crypto Group has received a small amount of backing1 from none other than Max Keiser and Stacy Herbert. Continue reading
11 backers, raised £265 so far ↩
Gamer Currency HYPER Goes Where Bitcoin Can't (Into The Bin)
Heavily promoted by David Seaman, HYPER, a PoS altcoin marketed at gamers which claims it can go where Bitcoin cannot, has released details of upcoming developments. Continue reading
Second Market Spins Off "Digital Currency Group"
Barry Silbert of SecondMarket announced the spin off of the Digital Currency Group from the parent company. The announcement:
Important step towards separating our bitcoin biz from @SecondMarket. The name. Introducing…Digital Currency Group http://t.co/s4Hld235bP
— Barry Silbert (@barrysilbert) October 10, 2014
The trademark for the new venture was initially filed June 20th, and the Digital Currency Group has a website at dcg.co
The Rise and Rise of Piracy
After much delay, the comedy titled The Rise and Rise of Bitcoin has been released. Available for purchase via Vimeo for $4.951, the movie provides the viewer with a glimpse into the past of bitcoiners who lost it all. While the film makers set out to create a serious documentary about Bitcoin, the end result is that TRAROB lost all of its appeal as a documentary but in turn, became a classic Bitcoin comedy. Continue reading
You really didn't think I would link that, did you? ↩