Bitcoin laundering mastermind

After all why would someone accept something that rises in value on par with something that loses value.So the claim that bitcoin is inherently worthless is just as valid a claim as saying us dollars are inherently worthless.Then it started to look like they just laundered the Gox coins.In the end trading bitcoin is much like trading other currencies.

Alexander Vinnik, a 38 year old Russian man (2nd L) suspected of running a money laundering operation, is escorted by plain-clothes police officers to a court in.Everything posted or discussed in both forums is seen through a heavily slanted political lens and I believe both subs are extremely damaging to the community.Too bad IOS fell off the map.such a shame that ApplePay took the whole thing down.

The first is a new fork that has minor support from miners who are willing to fork to a minority chain, essentially creating a new coin.Continued or outstandingly blatant violation of the submission or commenting rules will result in you being temporarily banned from the subreddit without a warning.

Greece arrests Russian suspected of running $4 billion

Pass private keys around in person and you can use bitcoin without the internet.Our pieces of paper have value because we give them value and believe in them, and agree to, just like bitcoin.

U.S. indicts suspected Russian 'mastermind' of US$4 bil

The problem is with the exchange, and the unscrupulous or irresponsible assholes running it.

Bitfinex Mastermind in Bitcoin Heist Giveaway

They may be unsafe, untrustworthy, or illegal in your jurisdiction.Bitcoin and cryptocurrencies have been skyrocketing and becoming more popular for multiple reasons.

Money is otherwise worth just what it is made out of, which is just cheap metal, paper, ink or binary on computer drives.Research and understand how the protocol works, how people use it.

Greece arrests Russian suspected of running 4 bln bitcoin

U.S. indicts suspected Russian ‘mastermind’ of $4 billion

The OP concerns an exchange that laundered bitcoins for those people.

Russian arrested over bitcoin laundering at least $4

Keep regurgitating what other people tell you, no need to do your down research and think for yourself.

Users of bitcoin are responsible for the security of their own containers of bitcoin just like users of dollars are responsible for the security of their own containers of dollars.Russian hacking mastermind arrested, bringing long cybercrime career to an end.Users in other countries will continue using it and thus embuing it with its value.

U.S. indicts suspected Russian 'mastermind' of $4 billion

They are fundamentally different but both equally useful for different things.

By Jack Stubbs,. an exchange used to trade the digital currency bitcoin since.

US indicts suspected Russian “mastermind” of $4 bln

The U.S. Department of Justice identified the so-called mastermind as Russian. called “the Keyser Söze of bitcoin money laundering,” referring to the...

UPDATE 4-Greece arrests Russian suspected of running $4

A proponent then dug 5 months into my history to find a news piece I had posted that was favorable to big blocks to prove that I was a big blocker at heart and therefore deserving of the ban.This leads to collective inefficiencies and thus a loss of competitiveness of bitcoin.In a tweet on Wednesday after the arrest, BTC-e said it would restore service in the next 5-10 days.Yes, upvote the passionate fools with misinformation and downvote those who can articulate how it actually works, because we admit that we are passionately driven by emotion rather than intellectual honesty and we just hate bitcoin for whatever reason.Users that are irresponsible with technology are the ones that get hacked or lose their private keys to mistakes or hardware failures.

US indicts suspected Russian "mastermind" of $4 bln

What you fail to understand is that when bitcoin starts to take off people are not going to want to hold fiat because the value will drop.Bitcoin is used for far more than drugs and your suggestion that is all it is good for belies your own ignorance and lack of imagination.The newly implemented technology, SegWit, should allow for some short term scaling growth and facilitate 2nd layer technologies that will deliver faster (instant) and cheaper transactions.

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