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Showing 6 of 6 results by Anthony1982
Since the start of the year, the Japanese yen has risen by about 12 percent against the dollar. The euro has fallen by about 1 percent. Then theres bitcoin, a virtual currency that doesnt even exist in the physical world. In the past few months, the value of bitcoin has risen by more than 1,000 percent many months ago to more than $200 today. On todays show, we ask: Is a skyrocketing value a good thing or a bad thing for bitcoin?
It has to be a good thing. This indicates that people want it. the difficulty lies in spreading the coin around so that it becomes accessible to the normal man in the street. Then the currency will be worth so much more, but when only a few have so many bitcoins then this will stall the price rise.
Most people are speculators, when btc rising fast they will buy it and this is the way to fall down in any time.
Re: FBTC closed - Dutch police seize Bitcoins, potential owner of FBTCexchange.com
Hey, for everyone who missed it so far:
The Dutch FBTC Exchange got closed in relation to a scam case...
"The Dutch gang allegedly laundered money through Bitcoin transactions and even set up their own Bitcoin exchange service - FBTC Exchange - that went dark after the arrests."
http://www.informationweek.com/security/attacks/dutch-banking-malware-gang-busted-bitcoi/240163193
and
"The police investigation focuses on the period from spring 2012 through to today, and on more than 150 fraudulent transactions. Multiple banks and businesses have filed cybercrime reports. The extent of the damages approaches potentially more than a million Euro."
http://www.reddit.com/r/Bitcoin/comments/1p4qpw/dutch_police_seize_bitcoins_potential_owner_of/
For everyone who understands Dutch, there's a discussion going on here: https://bitcointalk.org/index.php?topic=317382.0
- Sam
wow.The Dutch FBTC Exchange got closed in relation to a scam case...
"The Dutch gang allegedly laundered money through Bitcoin transactions and even set up their own Bitcoin exchange service - FBTC Exchange - that went dark after the arrests."
http://www.informationweek.com/security/attacks/dutch-banking-malware-gang-busted-bitcoi/240163193
and
"The police investigation focuses on the period from spring 2012 through to today, and on more than 150 fraudulent transactions. Multiple banks and businesses have filed cybercrime reports. The extent of the damages approaches potentially more than a million Euro."
http://www.reddit.com/r/Bitcoin/comments/1p4qpw/dutch_police_seize_bitcoins_potential_owner_of/
For everyone who understands Dutch, there's a discussion going on here: https://bitcointalk.org/index.php?topic=317382.0
- Sam
But scam and laundering is not the same.