Avoid Coin.MX it is the next MtGox, here is why

In this blog we do not try to hurt the reputation of any companies or falsely accuse them, but this issue has to be brought to light before CoinMX becomes the next MtGox and causes another crash in Bitcoin. What is CoinMX CoinMX is a site that allows you to instantly buy and sell Bitcoins using your credit card. It is similar to coinbase and virwox in that it allows …
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Coinffeine – Decentralized Trading Algorithm

The Problem Bitcoin and other cryptocurrencies are well known to be decentralized technologies. That means that the processing power of the network is spread across multiple points which reduces the chance of failure, security breaches, and obviously centralization. However, in this sea of decentralization there are centralized services which are powered by the distributed cryptocurrencies. One of such are exchanges. They are in essence centralized islands in a sea of …
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BTC-E Spike 5/30/14

spike on BTC-E 5/30/14   To The Moon Arize chicken If you are reading this right now and are trading on BTC-E this is an announcement that something big is currently happening. Either sell or buy before it’s too late because Bitcoin is on the move. Why is Bitcoin going up you might ask? checkout THIS article for one point of view. With all the good news, dish now accepting …
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Dish is now the biggest company to accept Bitcoin

Dish is now accepting Bitcoin! Dish is the largest company to accept Bitcoin. They teamed up with coinbase to eliminate the risk of Bitcoin’s price fluctuation. The idea came from Dish employees who became Bitcoin users themselves. Dish’s COO Bernie Han says that the demand for Bitcoin is unclear but because there is a low barrier cost and virtually nothing to loose Dish decided to start accepting Bitcoin. Dish is a …
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