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originally posted by: Tristran
Up to infinity until NK hits USA with a EMP or the Sun lets rip its dreaded kill-shot.
Bitcoin
Solar flare :|
No Electricity
Zero value
SEOUL (Reuters) - South Korea’s spy agency said North Korean hackers were behind attacks on cryptocurrency exchanges this year in which some 7.6 billion won ($6.99 million) worth of cryptocurrencies were stolen, a newspaper reported on Saturday.
The cyber attacks attributed to North Korean hackers also included the leaking of personal information from 36,000 accounts from the world’s busiest cryptocurrency exchange Bitthumb in June, South Korea’s Chosun Ilbo reported, citing the country’s National Intelligence Service (NIS).
Attacks also included the theft of cryptocurrencies from accounts at exchanges Yapizon, now called Youbit, and Coinis in April and September, it said.
It stops trading on Friday at 18,090. The bitcoin exchanges keep going 24-7. Right now early Sunday bitcoin is 19,700. The futures trading will open Sunday evening. What if futures trading opened right now? They're 1600 points behind!
You put your dollars into the bitcoin machine and you trust that they will come back to you when you call them
originally posted by: DBCowboy
a reply to: Generation9
I still just buy gold instead.
*shrugs*
To each their own I suppose. It's their money and they're free to do with it what they want.
originally posted by: DBCowboy
a reply to: Sublimecraft
"Money is a language used to communicate value."
Developers have sold the first two luxury homes in the UK using bitcoin currency.
It follows an increasing trend in the last few months for developers to place new homes on the market in the cryptocurrency.
The unnamed buyer, a software developer, is understood to be a so-called "Bitcoin miner" who made an early killing on the cryptocurrency and is now converting it into bricks and mortar by buying a new home as an investment property.
He is intending on renting out in bitcoin.
London property developer The Collective became the first firm to allow its tenants to pay their deposits and in bitcoin in September.
It said the move was in response to demand from international customers.
The second property sold by Go Homes is £595,000 four-bed townhouse in Hertfordshire.
Ed Casson, group sales director of Go Homes, said the buyer became a bitcoin owner through mining and trading in online games.
That's exactly what I can't understand..... owning a piece of paper that says you own a piece of gold or silver is about as useless as the paper it's written on.
Never seen anything quite like it, I have a friend who has had investments in both bitcoin and medical marijuana for over 18 months now. His asset portfolio has grown exponentially in that time even as he remains cautiously optimistic about bitcoin and it's value base being recognized as a natural progression of human financial transactions - trust and value in an individual being able to value-add to his or her financial portfolio (ie: selling your house for bitcoin(s)).