BITCOINS...tax free money.

Thank you all for the latest bit of info. Will look up.

 

Sure you can refer me. My username there is 'Ixxi'.

I can be serious about things I am passionate about or things I truely believe in. :2thumbsup:

 

Thanks for all the info

 

The Gov is cracking down on Mt Gox trying to get the payment processors to stop working with them .

 

^^He aint lyin

http://betabeat.com/2013/05/departm...huts-down-dwolla-payments-to-and-from-mt-gox/

 

Note it is the DHS who is getting involved.

 

yeah i won,t use mxgox,

 

MtGox has been under DDoS attack a few times and I am sure the US government can't shut them down. They are located in Japan. Plus if it gets shut down there are many other exchanges.
I wonder why people panic so much if it's about MtGox.

 

Mt Gox is the largest exchange but that does't mean they're some big company. Last I heard it was a mom and pop operation run out of their apartment. The thing is the gov is not going after them directly, they are going after the payment processors. If they're successful those same payment processors will most likely stop doing business with all exchanges.

The US Gov did the same thing with online gambling sites. It's not illegal for Americans to gamble online, but it is illegal for American banks to do business with payment processors that deal with those online gambling sites.

 

MtGox is definately not a "mom and pop operation run out of their apartment". If you wanna say something about it, do some research instead of throwing some nonsense around that you may have "heard somewhere".

Anyway, I doubt the US government could do much to stop it. Sure, they may cut down some sites and payment providers, but since Bitcoin is an international and decentralised project the US government doesn't have much influence in all this. If MtGox goes down there are plenty waiting in line to take their place of the 'top' exchange.

 

mount gocks

 

hey bro im deep involved in the geek community more then most people will ever know. And like i said "last I heard", meaning I've got better things to do with my life then keep up with every fuckin internet fad. Anyways yes Mt Cox was a mom and pop operation, and from a quick search online it does not look like they've progressed much beyond that. Show me something to the contrary and I will stand corrected.

 

ANYONE WHO LOVES BITCOIN, READ THIS THREAD
http://www.hipforums.com/newforums/showthread.php?t=470870&f=38

 

I believe they are no longer mom and pop. They do transactions through Japan, and were hosting what was probably millions of people at once. I think they expanded a little.

But they recently got in trouble for checking the wrong box when creating their bank account.

 

There are too many altcoins, usually made by someone who tries to make some quick money.
It's best summed up by a coin called YACoin; Yet Another Coin.

Sorry, but if I would seriously look at another coin it would be LiteCoin or NameCoin, but for now definately not DevCoin.

 

I wonder how much money I could make if I set up a bitcoin miner,

also exchanging money from carding through PREOs several times and changing currency ie, pecunix, to lr, to bitcoin and back, and splitting it up through several different accounts and then sending it back to another account by means of a seemingly legitamate transaction that you set up, makes it pretty irreversible.

 

You can check here to see how much you can make mining Bitcoins.
Gotta know the hash rate of your GPU or whatever else you use to mine.

 

holy shit!, it actually looks like it could be quite profitable! Why isn't everyone doin' it? I might have to get me one of them fuckers, or build one, might help pay the rent.

 

lol not that easy.( or else everybody would be doing it)

with the new ASIC miners coming out the diff. is going to skyrocket.
like cpu mining to graphics card.

but if you got the hardware and/or free ele. you got it made.
good luck n let me know how it goes.

(i can,t mine my pc is a bulit w.copy n fucked up. i can,t even download some shit)

 

I'm gonna have to do further research...apparently gpus are better at crunching bitcoin algorithms, video cards aren't that expensive these days, but must do further research, ya know there's some loose ends out there.