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History: Land Of The Stone Money

If you ever go on holiday in the western Pacific it is highly recommend to swing to the Yap Island. An experience in Micronesia you will never forget! It is home of the most interesting form of money in history and called the “Land of the Stone Money”. About a thousand years ago natives mined huge pieces of limestone and carved them into gigantic circular discs (approx. 5 to 10 feet in diameter). Over a foot thick and weigh several tons. They called them "Rai Stones" and they were actually used …
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BITCOIN: Misinformation - What can we do?

I see a major trend in a lot of the articles and posts that say Bitcoin will never work and will crash to the ground. They don't understand it. Nothing makes me more furious than people and article bashing something that doesn't have half the facts right.
People are afraid of the unknown, and that fear is fueling the misinformation about Bitcoin. What can we do about it?
There is no media department for Bitcoin, because Bitcoin isn't a company. You and I are that media department. It's up to us
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Convallium avatar

I like it)

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PPandM 7 3月

HOT NEWS: The 28-year-old head of the Bitcoin trading platform First Meta was found dead in her apartment. POLICE in Singapore says: Autumn Radtke did not die a natural death!

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BITCOIN : Mt.Gox closed

The Tokyo-based Bitcoin exchange Mt.Gox now closed permanently. They confirmed rumors that they had lost track of nearly half a billion dollars' worth of bitcoins. On Friday, the operator presented a bankruptcy petition. Uncertain future for the digital currency?
The largest trade platform for the digital currency Bitcoin, Mt.Gox, has filed for insolvency. Debts of around 6.5 billion yen (46.6 million Euros) as reported. They are primarily for payments on the Internet to use . Last year the rate
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Maria_r 1 3月

wow )

ilonalt avatar
ilonalt 2 3月

i've found it :)

Skif avatar
Skif 2 3月

bitcoins умер ?

PPandM avatar
PPandM 5 3月

Clever girls! ;)

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BITCOIN: The Most Important Alternatives

Peak rates and mighty problems made ​​Bitcoin famous. But there are already more than a hundred alternatives in crypto currencies. Together a value of several billion Dollars​​.
The digital currency Bitcoin is currently struggling with major problems. One of the major trading platforms, Mt Gox is currently closed. U.S. and Japanese investigators are interested in the process. Not good for the exchange rate of the Internet currency. Bitcoin's peak rates of over a thousand dollars a unit is far aw
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jezz avatar
jezz 27 2月

Let's see where to launder some money... I never liked the idea of an 'Esperanto' currency. My dirty mind coming from a highly corrupted environment always has an idea of potential misuse

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PPandM 28 2月

@jezz: It's the well-known dilemma ... the two sides of the same (Bit)coin. Things can be used in different ways ... positive/negative. You know, paper money (ca$h) is widely used (and highly misused) and makes possible many of these same nasty transactions by people with evil thoughts.

I would rather discuss positive aspects on the related note, like freedom, privacy, efficency, convertibility, independence, etc.. However, it is not credit based and it does not allow for interest free credit.

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PPandM 28 2月

It is the first notable independent internet currency. It allows businesses and consumers to diversify their methods of payment, making them a little less dependent on the Government monopoly. It also shows that a free market for currencies already exists. Of course regulators are inimical to them, but current legislation does allow for all sorts of units.

Bitcoin is one of the top open-source, open-code community projects. What do think?

Victor avatar
Victor 28 2月

perhaps one day we may have to read the "spectacular rise and ****" of Bitcoin.. Sorry for being sceptic but a contra-punto would do some purpose.

jezz avatar
jezz 1 3月

Open... To what extent? It cannot have a status of the cosmos - came out of nowhere, made by God's touch... Someone has the biggest interest.
You could make 'Puppy' as a currency and put it on the market... where's the catch? We're evaluating fog here.

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BITCOIN: The Lehman Momentum?

Bitcoin Exchange MtGox* goes dark after theft report. The largest exchange for the internet currency abruptly stopped trading on Tuesday. What has happened? Supposedly, 744,000 Bitcoins have been stolen in recent years by a vulnerability in the log.

Bankrupt or a made off to the Caribbean? Wild rumors are circulating on the internet there. Great fear is about that the stock market went bankrupt. No reaction on inquiries by phone or e-mail at MtGox.

A disaster
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PPandM 26 2月

@maikfx: It is more precisely about ... security and trust (in people or things). Um, well, it ain't about that popping bubbly thingy you meant (giggle). Thanks a lot for your comment! :)

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PPandM 26 2月

@Daytrader21: Well, well, the "Lehman momentum" headline appears to be an eye catcher. It is definitely not a direct comparison with the matter of Lehman Brothers. I would like to express the significant momentum of "a great fall" within the bounds of all possibilities. Alternatively we could have said "The Humpty Dumpty Momentum" ... people like nursery rhymes! ... All the king's horses and all the king's men couldn't put Humpty (BITCOIN) together again. Thanks for your note! :)

Victor avatar
Victor 26 2月

very well !! let' see. the idea could be to just shake the market.

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PPandM 26 2月

@Victor: Yeah! Sh ... sh ... sh ...shake, shake, ........ shake it like a polaroid picture! Shake it! :))

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ecoplace 26 2月

reality is not a joke,,,

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BITCOIN: First U.S. Bitcoin ATMs to open soon

The first ATM for the Internet currency Bitcoin are planned in the U.S.A. Bitcoin balances are paid in US Dollars. Robocoin announced on Tuesday to take in operation similar to ATM's devices in Seattle and Austin this month. These will work like conventional ATMs. They have scanners to read ID cards such as a driver's license or a passport to confirm users' identities.
You will be able to withdraw US Dollars or you can buy Bitcoins for US Dollars. Robocoin installed its Bitcoin ATM in Vanc
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Experto avatar
Experto 21 2月

interesting device)

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