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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I've found a website that has already taken a BILLION bets on Dice and Roulette - one reason is that it gives you 500 satoshis to begin for FREE. Heck a lucky bet or two on Roulette and your talking real money (you'd need to cash out your bitcoin winnings of course) - why not Check It Out?

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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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More Soon

Dig Into The Archive Too

Paycoin - The Rage And The Fade

As always I will try to share the best of what I find when looking into the Cryptocurrency phenomena.... a phenomena reminiscent of the wild west with claims to match any tall tale of yesteryear. Paycoin is just such an example and I have a very good Review From Reddit of who is behind the coin and whether or not fraud was involved in the pre-sale hyping of the `20 dollar' coin..... IF this is all new to you then I know you haven't been a trader at the exchanges in a few weeks as PAYCOIN has dominated the exchanges in all ways... including being raked over the coals in the troll boxes. Again, post after post could be done about this multi week affair... so, just read the recap above.

Yes, I've traded it once, weeks after the 20 dollar price and well after the 10 dollar price...etc... look at the low I bought and sold it at.... (shows pride)

2015-01-03 15:33:26 Sell 0.01299997 0.04259733 0.00055376

2015-01-03 11:10:53 Buy 0.01000007 0.04259733 0.00042598

All part of Dental Floss Tycooning

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Bitcoin News

Link to Pic

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As most of you reading this know... the Bitcoin has taken a serious hit in price immediately following the Christmas shopping season and similar to the beginning of the nosedive in prices a year ago (could it be that the small merchants that started to take Bitcoin at Christmas and who were holding on decided to dump when prices headed south?).... indeed the article I'm positioning in today's Barfstew is a sophisticated analysis of the Bitcoin charts and the picture isn't rosy.... or is it? (the article even reminds of the 85 dollar price when the surge began).. but, interestingly, the same post Bitcoin Prices The Year Ahead did have some interesting quotes I bring to you below out of context:

Many in the Bitcoin space are now saying that the only way it can succeed is if it embraces the current financial system and integrates, while the original Bitcoin fans want nothing of the sort. This is causing a bit of a rift within the community and the tide will sway based on the health of the fiat financial system. This is where the real prediction needs to be accurate since nothing in the blockchain world happens in isolation and it is still dependent on the global landscape.

So here it is, the best hope Bitcoin has to actually hit the moon as far as price goes is for a complete meltdown in the European Banking system, which looks like something which is bound to happen by Q4 2015. It’s tempting to say the United States financial system will break but compared to the rest of the world it is actually in far superior shape. With the US Dollar reaching all-time highs it can start to bring devastation to the rest of the world, especially to those who decided to issue dollar-denominated debt. Bitcoin will be a major beneficiary as global capital flow begins to move to the United States. If a respective government attempts to fight this capital flight, Bitcoin will be an attractive alternative – not only as a means to move money cross boarders, but also as a store of value that cannot be confiscated by broke governments.

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The article above is well worth your read.

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The recent plunge in Bitcoin prices has some of the supporters taking to the social media... Like This just a cheaper price to buy in at prior to the Euro crisis? How about a GREEK `coin' solution?

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You've seen the ads - now know a bit more about A-Ads.Com.... at this bitcointalk.com forum link... as you can see and read.. this is a legit company doing business in BITCOIN.... Indeed, I've recently ran a 7 day advertising campaign with them (0.007 btc) and am quite satisfied with the many clicks I got to one of my other blogging efforts.

Indeed, actually,  I'm playing BOTH sides of the A-Ads.com phenomena - because you can also find THEIR ads right here - on OUR PAGE right here (and for placing that ad box here I get compensated in bitcoin for each pageview). Obviously most of the ads will be for `bitcoin' related `things'... from gambling websites to others including mining....which I will also address soon. 

Indeed, I've already in just a few days received multiple payouts at the minimum levels and other preset higher levels (earning my own ad investment back pretty soon).... it's very neat to everyday see a little deposit into one of my bitcoin exchange addresses for trading.

So, if you have a website and I know that many of you do - it's real easy to sign up... and to make the easy addition to your webpage one of the banners you chose or make. (you will, of course, need to have a deposit Bitcoin wallet for them to send the Bitcoin to) Then, you simply sit back and let them pay you for each pageview based on their stats for your page (which seen very legit too).

So, as you see above - I've provided the best non-biased look at A-Ads.Com for you to make an honest evaluation about their service and the fit for your blog or website.

Sign Up Here

Advertise with Anonymous Ads

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Let's make this a regular thing

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One of those `mining' sites tomorrow