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You may have noticed that some exchanges have temporarily suspended withdrawals and wondering what’s going on or more importantly, what’s being done about it. You can be rest assured that we have identified the issue and are collectively and collaboratively working on a solution. Some...
You know dude, we all know that you are a BTC wonk. A day hardly goes by when you aren't posting something about it. But what that statement validates for me is why I have no interest in the damned thing. The common person, not you of course, doesn't want to wait for their "currency" ...
Gox being insolvent and eventually imploding could be the best thing to happen to the bitcoin ecosystem since the Silk Road shutdown. Ever since Gox stopped allowing USD withdraws, the most effective way to get fiat out has been in JPY to a Japanese bank. This led to financial institu...
Mt.Gox, the largest exchange for the online digital currency, was forced to halt withdrawals (but not trading) this morning. Due to an increase in withdrawal requests the exchange's systems had technical problems and in order "to understand the issue thoroughly, the system must be in ...
The Dollar is dead, long live the new E-US Dollar Bitcoin!! To be the master of a system you have to be in control. Control means the participants are bound by the fixed settings of the technicals and the rules. But the master can always circumvent the rules as well as the technicals....
In 2008, a mysterious person or group using the apparent pseudonym Satoshi Nakamoto unveiled a new digital currency called Bitcoin that appeared to solve some of its predecessors’ problems. Without going too deeply into the technical details, the Bitcoin system tracks each piece of cu...
We hear this in every discussion about bitcoin, please explain to the class how this does not also apply to USD balances in banks and the electronic USD credit/debit system used daily by pretty much every citizen? The issue extrapolates to other fiat currencies but USD is as good a pr...
My friend. You are talking as if you are oblivious to the state of the world.... Some things are known without being told. At this point I realize that genuine mathematics have no place in the market other than potential options for the choosers to choose yet ironically genuine mathem...