Message:

<p>[QUOTE=&quot;Juan Blanco, post: 1676761, member: 41665&quot;]At ~USD$80. per BitCoin Unit, CNN Money says: </p><p><br /></p><p>&gt;&gt;Trading volume has also exploded. <b>Between 60,000 and 110,000 bitcoins have changed hands per day recently, according to Mt. Gox.</b> That&#039;s double to triple the amount traded a few weeks ago. </p><p><br /></p><p>Albert Hendriks, a 32-year-old programmer for a high-speed trading firm in Amsterdam, jumped into the currency for the first time this week, purchasing €1000 worth of bitcoins. He&#039;s not worried about the safety of the global banking system, but he sees bitcoins as a lucrative investment. &quot;I think the currency is maturing,&quot; Hendriks said. <b>&quot;It&#039;s risky, but I think more and more people are starting to trust it.&quot;</b> &lt;&lt;</p><p><br /></p><p>Today&#039;s services problems may be related to this transition:</p><p>&gt;&gt;The transition of customer business from Mt. Gox to CoinLab involves three phases and yes it will include Canadian customers too.&nbsp; Phase one is alpha with about 100 customers starting in a few days, phase two is beta with 5,000 customers on March 15th, and <b>phase three is all accounts going live on March 29th. </b>Account transitions are voluntary for customers, otherwise affected accounts will be closed. All trade matching will still occur on Mt. Gox systems.&lt;&lt; </p><p><br /></p><p><br /></p><p>I&#039;d wait and se (let Cyprus cool off and the trading levels to fall back to &#039;calm&#039; if not &#039;sleepy&#039;) before trying/buying BitCoins.</p><p><br /></p><p>otoh, this article ( <a href="http://www.forbes.com/sites/jonmatonis/2013/03/02/bitcoin-exchange-deal-repatriates-assets-to-u-s/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.forbes.com/sites/jonmatonis/2013/03/02/bitcoin-exchange-deal-repatriates-assets-to-u-s/" rel="nofollow">http://www.forbes.com/sites/jonmatonis/2013/03/02/bitcoin-exchange-deal-repatriates-assets-to-u-s/</a> ) sugests:</p><p>a) 80% of BitCoin users were North Americans (Feb. 2013)</p><p>b) the service is registered w/ FinCEN ... therefore a VERY POOR CHOICE for criminals!</p><p><br /></p><p>Admitttedly I don&#039;t know much about CoinLab, Silicon Valley Bank or Mt. Gox.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in