POLONIEX CLOSES TROLLBOX - SEEKS TO COPE WITH CRYPTO EXPANSION

So, Poloniex - America's volume leader for Crypto trading - abruptly closed the window into the insanity of what passes for the new wild wild west. The announcement was made right below where the Trollbox used to be:

To meet the increasing demands on support staff, the Trollbox has been disabled indefinitely and moderators have been reallocated to assist in support.

It really should have been expected as the moderators were dealing with endless requests for level 2 verification and other service issues that seemingly..if the posts in the Trollbox are to believed - were going on for some requests for service for weeks upon weeks. That said, Poloniex also posted a further explanation as to how the process of hiring qualified people who know compliance laws is time-consuming. That said, Polo is routinely handling 55,000+ online at the same time without too much if any problem in lag...a major issue recently during the pump-up of big money into cryptocurrencies at numbers much lower.

I'd expect someone to step in and start a PoloChat website before too long - with all it's problems...the Trollbox was a good source for CryptoNews and coins that were suddenly moving in price up or down.

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In Other News

More and more companies are seeing the advantages of using the blockchain - and it appears that when the proper regulation comes...that it seems ready to work with the likes of Coinbase...with which it already has pilot projects.

Wall Street is figuring out ways to invest in portfolios of cryptos now that Bitcoin's influence in marketcap is waning - and others like Ripple and Ethereum and New Economy Movement are rising - minimum buy-in is 25,000 USD.

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BTW - BITCOIN Mining is BACK at Genesis - they had suspended contracts for a spell. That said, they have RAISED the minimum payout to .001btc up from .0005btc - which means you'll need to wait on your payouts unless you buy in at a good level (I get paid about 120,000 satoshis every three days on my roughly 180.00fiat usd of Sha256 contracts with Genesis.) You can find the Genesis Mining links on this page.

Oh..by the way..here's my new webpage dedicated to getting Bitcoin into your life 

Obtaining Bitcoin

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Alts Explode - Bitcoin Erodes - Market Cap: $24,293,597,973 / 24h Vol: $586,197,519 / BTC Dominance: 68.6%

The tale of the tape at CoinMarketCap is above as I write this post on Monday, March 27th - perhaps 1 week from Bitcoin's marketcap no longer being 2/3's of the marketplace. Eroding much like the dominance of the American Dollar for decades...only much quicker. But, unlike the fiat game - no government issued "dollar" is rising - only an increasing crowded field trying to corner peoples perception of value. - Sorry once again for the two week break in posting...let's see if a smidgen can be caught up by looking at the news below.

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Blockchain, Bitcoin and Alts...News

The version of Bitcoin - Bitcoin Unlimited - has not been as favorably received in the marketplace as hoped - Tokens Are Down Up To 20% From Opening - preceding a possible hard fork of BTU. Even at this price...it would be the 2nd most valuable token in price (around ETH in marketvalue?). The rally against changing the status quo continues to grow. All that said...find out the whole political story about the versions of Bitcoin at Coin Dance where...as of today only..BTU seems strong. But...again BUT - BTU - already has had some bugs and one was fixed behind "closed doors"....but the miners in China...want to move to it anyway.

Another example of the flood of newbies into crypto - is that Local Bitcoins reached a new volume record. To me, it's just funny that to feel that BTC is real some folks need that first face to face meeting with someone.

Meanwhile...a politician in India - calls Bitcoin a Ponzi Scheme - as use there skyrockets. Whereas...here's real news about the blockchain and how it is changing the world - much like the Bell Labs of decades ago.

You say you want to read about one of the latest hot "coins" - sure, here's the website for PIVX - Private Instant Verified Transactions, branding...quite important.

Did you know that about 2/3's of all sub-Saharan African people are employed "informally" - seems the Blockchain  is ripe with opportunities when that's the case. However - here's a point of view that thinks all the blockchain hype...may be just that - in some niches it is proposed for.

Speaking of being disruptive - how would you like to be paid for the content you consume after all ...your attention is valuable.

With some many of new Crypto Currency traders entering the market - how about the story of one traders first Strategy - it's the wild wild west all over again.

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If this is your first time here - you'll love the archive - look around...some folks view up to 1000 pages before leaving...seriously.

Flood Of Newbies Drives Alts Higher After ETF Denial

Despite nearly unprecedented volatility - the BTC market continues a strong new pattern of upward price support - once again nearing the price of an ounce of gold. And, the alts, which had been beaten down in price preceding the ETF announcement on Friday, have soared with the flood of newbies that have entered the world of Bitcoin and trading Bitcoin. How long will it be before the major trading bots rob them of 1/2 their funds?

You'll want to remember the above lesson as it seems that multiple ETF proposals are already in the works...this was only round one.........ready for some Blockchain and Bitcoin reads? Thought so.
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Blockchain Links Worth Reading

the longs, the shorts, the ups and downs of the Bitcoin phenomena

Leading the news, of course, is the initial reaction to the ETF Denial by the SEC.... positioning the ETF denial as consumer protection from uncertainties with BTC such as block size issue, attacks on the system, and a possible hard fork creating two assets... time for Bitcoin to finally address the size issue. The Winklevoss Twins are going to continue their ETF pursuit. 

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So...if and when an ETF is approved...what could we expect?

Here's a description of a Bitcoin ETF

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And, here's an article lamenting the Huge Rise in BTC's price..and suggesting that investing in coins of small value might be a better "to the moon" outcome than BTC at this point...I think he'd have some pushback on this point from many.

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Initial Coin Offerings...or ICO's offer the ground floor opportunities and often the prices to make real gains possible. Read more anytime at this website.

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