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re: Bitcoin is a Ponzi scheme—the Internet’s favorite currency will collapse.
Posted on 4/18/13 at 12:29 pm to txtiger21
Posted on 4/18/13 at 12:29 pm to txtiger21
Here is some breaking news about the Ponzi scheme known as bitcoin (Like you, I didn't want to start a new thread.):
Bitcoin exchange BitFloor halts operations, shuts down April 18, 2013
quote:
The New York-based exchange, which specialized in trades of the digital peer-to-peer currency, announced the closure with a note on its home page penned by its founder, Roman Shtylman:
I am sorry to announce that due to circumstances outside of our control BitFloor must cease all trading operations indefinitely. Unfortunately, our US bank account is scheduled to be closed and we can no longer provide the same level of USD deposits and withdrawals as we have in the past.
This closure marks the apparent end for the troubled exchange, which temporarily suspended operations last September after the theft of 24,000 BTC.
At the time, Bitcoin was trading for $10.40, making the virtual heist's score worth nearly a quarter of a million dollars.
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