14 Nov '13, 11pm

Why The Bitcoin Greenlist is Structurally Dangerous to the Bitcoin Ecosystem

The final question is, will this actually help reduce Bitcoin-related crime? Bitcoin crime is an issue; although many Bitcoin users proudly support sites like the illegal drug market Silk Road, nearly everyone agrees that “ransomware” bots like Cryptolocker, which infect computers and encrypt their hard drives releasing the unencrypted data only in exchange for a ransom, are undesirable, and ideally there would be some way to prevent such services from existing. But would a green list actually help? Probably not. Criminals likely already avoid the regulated exchange ecosystem entirely, instead either buying and selling through localbitcoins or in-person exchang events or simply using their illicit earnings to buy products. One can even launder the funds cross-chain – send one’s illicit earnings to an altcoin exchange to buy litecoins, mix the litecoins, and then sell the l...

Full article: http://bitcoinmagazine.com/8204/why-the-bitcoin-greenlist...

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THERE IT IS. Bitcoin $500 for the first time.

businessinsider.com 17 Nov '13, 6pm

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Sell:

markets.blockchain.info 27 Nov '13, 12am

ltc was the best investment I ever made in my life!! woohoo!! making more then I would on that crappy slow BTC!

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The Missing Bitcoin Millions via @thedailybeast

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businessinsider.com 15 Nov '13, 3pm

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