Just a reminder that Genesis Mining is a total scam. Nobody should ‘invest’ with them.

There isn't a single 'investor' who has ever received a break-even ROI. This is a fact. Everybody who has ever given them money has ended up with less than they gave.

If the price shoots up, sure it feels like you're making gains. But the reality is that if you gave any crypto to Genesis, you will only ever get a fraction of your original crypto back. Not even 100% of the initial investment, let alone profit.

It is a clear ponzi. This company's operational costs are obviously in fiat. They rent IT spaces in various countries, buy servers and graphics cards and netwoking equipment, pay salaries, advertising, travel, etc.

So they're taking all your money in bitcoin and then what? Converting it to Fiat so that they can mine bitcoin again?

Marco Streng is a liar and a fraud.

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Bitcoin – The Currency of the Internet

Latvia Recognizes Cryptocurrencies in Order to Tax Them (news.bitcoin.com)

Trying to take its share of the profits, the government of Latvia may accept cryptocurrencies as a legal means of exchange. This year’s tax filing campaign is underway and officials don’t have much time. Two parliamentary commissions and the Ministry of Finance have expressed their views on the matter this week. Latvians may very soon owe the state tax on their gains from crypto transactions. 
Also read:

Bitcoin

These Cryptic Artworks Hide a Bitcoin Fortune – All You Have to Do Is Decode Them

Now, one LA-based artist is having his say on our obsession with cryptocurrencies, and he's putting his money where his mouth is – embedding thousands of dollars' worth of Bitcoin in his artworks, which are actually visual representations of his cryptocurrency wallet codes. In other words, these …
Google Alert – bitcoin

MtGox trustee confirms he did not sell BTC at same time as moving them, also didn’t affect price

There was an update over at mtgox.com today, the trustee announces he did not sell coins at the same time as moving them.

He also says he sold them in a way which would not affect market price.

There's been a lot of FUD about this over the last couple of weeks and its starting to look like it was all bullshit.

Here's the link : https://www.mtgox.com/img/pdf/20180317_qa.pdf

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Bitcoin – The Currency of the Internet

Dear @bitpay. This week I started setting up my own @BtcpayServer. When I discovered how easy it is, I contacted five vendors and clients I know who currently use your services. They’re going to pay me to help them leave you. I’m sure my story isn’t unique. You are ending now.

Dear @bitpay. This week I started setting up my own @BtcpayServer. When I discovered how easy it is, I contacted five vendors and clients I know who currently use your services. They're going to pay me to help them leave you. I'm sure my story isn't unique. You are ending now. submitted by /u/TheGreatMuffin
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Bitcoin – The Currency of the Internet

PSA: Lately there’s been a lot of “hate this/boycott that” company on r/bitcoin. The cultism and fanaticism mentality of “us against them” belongs on a different subreddit. Let’s keep it that way.

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Bitcoin – The Currency of the Internet

I really enjoy watching the price of #Bitcoin bounce around; it can be quite entertaining. We should create the #NBL (National Bitcoin League) where we all get together for food & drink just to sit and watch charts and shout at them. 🌕😎

I really enjoy watching the price of #Bitcoin bounce around; it can be quite entertaining. We should create the #NBL (National Bitcoin League) where we all get together for food & drink just to sit and watch charts and shout at them. 🌕😎 submitted by /u/frankreddit5
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Bitcoin – The Currency of the Internet