A happy, healthy and wealthy new year to you all!

Hi forum!

I hope all of you had a good start into 2014!

Our Bitcoin-collector site certainly has got a few additions.

Exchange rate and market data statistics have been extended and include now interactive charts for the developments on the 17 biggest exchanges. If you need any more or have special wishes please leave us a comment. The current ones were chosen due to market volume.
The collector tool has also had a revival as the web underwent changes that rendered the old collector obsolete. We are working on restoring the same functionality for you.
Nevertheless have we added over 10 additional Bitcoin faucets and dispenser sites to collect even more free Bitcoin!
For some sites collected we even cash out loyalty rewards to our referrals! At the moment it is FreeBitcoin!
We have added lots of new retailers for all kinds of goods we came to test during the holidays. There's hosting, xbox and steam credits, rc models, multi-region blue ray players, computer RAM and so much more you can buy for bitcoin!
One offer we had to remove from our services as we do not want to supply you with suspected scammers (http://bitcoinscammers.com/coinurl-com/#comments).

A lot has been going on. Two times in succession BTC hit the 1000 USD mark though the second time was not followed by the former panic-sales. At least not at the time of writing. We're still on a good 916 USD.
As prices soared the banks were warning again from investment into bitcoin. "The investors could loose everything." was said. How ridiculous. Said by the people who lost other peoples savings by trying to stuff their own pockets. The message seems to be that you don't know what is right for your money. But, sorry to say (well actually not), the stingy 1.5% of banks don't even cut the inflation cost - why give my hard earned cash to them? To pay additional account, card and transaction charges? To be penny-less at the whim of some suit-warrior who won't be accountable for it?

People you are right to try Bitcoin and use it. No staged option sales on grain or milk will influence this market. In fact, the bigger the Bitcoin user base becomes, the more stable the whole market will get.

See you soon forum and thanks for reading.
Leave a comment if you have thoughts to this.

Regards, Tim

Hi forum!

For christmas this year i give you the reworked bitcoin collector tool on coin-inc.com
44 free Bitcoin faucets and dispenser sites - all in one place!

Collect free Bitcoin now - all in one place!

The faucet list is updated weekly with all the faucets we know, find and the ones you people tell us about. Since Bitcoin exchange rates rose about 500% or more in the span of the last year, the payouts have shrunk. We aim to get us all the most out of collecting Bitcoins by combining all the places that give out Bitcoin in one tool.
Should you know or operate a faucet we would be much obliged if you could leave us the URL in a comment. Thank you.

Further site updates have been made and more preparations for the casino have been added. It's all going ahead nicely though often not as fast as we'd wish.

Have a nice time collecting Bitcoin, merry Christmas and a happy new year to you all!

Tim

Bitcoin cracks the 1000 USD mark, China seeks to keep its money and it's been a while...

Hi there forum!

It's been a while since i posted, but as many as you know time is a scarce commodity...

I have a bit for you: - Some recent world news - and the latest places to get free Bitcoin!

The exchange rate for bitcoins went "through the (temporary) roof" of 1000 USD while i was absent and a few actions were taken in return.
Or were they?
A few coincidences make it worth a conspiracy theory. It is at least a string of very lucky events that enable the US to seize major amounts of Bitcoin with takedowns like the former silkroad and others (http://www.bbc.co.uk/news/technology-24378137). Then allow Bitcoin as funds in election campaigns and the price out of a sudden goes to a thousand USD average. Wouldn't it be worth checking the bigger transactions against btc addresses that were used for party support? I am not from the U.S. but if there are public documents listing contributions towards political parties - i'd be interested - please leave us a comment.
Lots of high value transactions have been made in the recent weeks and the news tell us it's from various scamming and hacking attempts made on sites operating a bitcoin daemon or users credentials. The increase in bitcoin related crime is surely there - considering the profit to be made. Though i also like to remain doubtful about the other side. At least as long as shady laws get passed during national holidays, sport-events and other distractions.
Next governmental decision regarding Bitcoin comes from China (http://www.bbc.co.uk/news/technology-25233224). Banks there have been banned from trading in Bitcoin currency as to prevent loss of capital. The People's Bank of China (PBOC) gave public advice to be aware of the risks when trading in bitcoin, which is still allowed, though the state seems to strongly believe the exchange rate is steering towards a bubble. Together with the IT ministry the bank declared Bitcoin a "virtual good", being unregulated and a money laundering opportunity. Which brings up memories of an old friend. "Banks-are-only-happy-when-they-get-a-cut-of-the-money-laundering-Bill"! Haven't seen him arround since at least a week when all over world banks were convicted of manipulating interest rates to profit from speculations on currency trade. (http://www.theguardian.com/business/2013/dec/03/banks-braced-huge-fines-libor-rate-rigging).
Let's see where this goes in China. The island-soap with Japan, Korea and Taiwan is another story, but hey - you need stuff to fill the headlines.

Back to Bitcoin and how to get some!

Obviously the payout rates have changed, but a good place to start is:
(The links are shortened - just click skip ad in the top right corner)

coinbox.me
+ has about 20 active faucets attached that pay between 0.00000001 and 0.00000050
+ one of the faucets, a lottery, can pay up to 0.01000000 with all numbers matched
+ new faucets are sceduled to join coinbox soon
+ minimum payout amount is 0.00005500 BTC and happens automatically every 8 hours

btcclicks.com
+ good amount of ads, paying 0.00020000 up to 0.00040000 per add
+ The minimum withdrawal amount is 0.1 mBTC. However withdrawing an amount less than 10 mBTC will delay the processing of your payment by up to 24 hours and we will charge you a fee of 1.5%.

coinad.com
+ daily adds paying between 0.00000001 and 0.00000050
+ referal system for shared succes. for each referal click you receive btc in the amount of 10-20% of what your referral received - additional, not deducted from your referals earnings.
+ You can request a cashout once you meet the required minimum amount (0.00000544 BTC). Pending cashouts can take up to 1 week to process to avoid fraud and save money from fees.

If you happen to be a blog or website owner, there are a few ways to cash in btc through advertisement.

a-ads.com
+ each add is limited to the url it was registered with which is measured with a "health" parameter
+ pays quite a lot compared with the other advertisers - network stats are quite helpful to estimate earnings.
+ CPM are credited for daily unique visitors. Clicks do not pay extra
+ Minimum payout is 0.01 BTC and happens automatically. Max time for confirmation: 6 hours

bitads.net
+ a list with your impressions of the last week and amount of clicks is presented to bidders with adverts they like to publish.
+ you may set the initial bidding price
+ payout is 0.1 BTC

coinurl.com
- very inconsistent service - either inadequate infrastructure or coding problems
- low single payments, high minimum payout
+ serves ads and url-shortenings
+ minimum payout is 0.01 BTC.
(12% commission fee apply. This commission is not applied to the withdrawals below 0.15 BTC per month.)

Thats bitcoin news for the december beginning of 2013. If you have any experience with any of the above mentioned sites feel free to share with the rest of us in the comments.

Happy coin gathering!

Tim

Light at the end of the tunnel! Germanys gov. accepts Bitcoin as private currency

Light at the end of the tunnel! Germanys gov. accepts Bitcoin as private currency in a way that stocks are. As opposed to stock-trade though, profit from Bitcoins is declared as taxfree when a year has passed since the purchase.
This comes at wonderful time as the debate has not yet passed the US senate which i was fearful of as American politics consist of lobby-work only. The declaration of Europe's financial leader to accept Bitcoin as a legal tender will surely not go down well in Washington.
Let's hope that the weight of the recent investors from the US is enough to allow the currency to become accepted. Surely the NSA knows by now the holders of enough Bitcoin addresses to feel safe swimming in these waters.
(original article source)

All the best, and see you soon forum!


Tim

Attacker detected on coin-inc.com

Today we caught a visitor attempting to inject code and retrieve passwords from our server.
The attack has been identified with the origin IP of 37.49.227.111
No user data is compromised as the relevant systems have not been connected yet.
In fact this has helped us to spot a loophole which was thought to be closed.
Logging mechanisms have been updated to supply further information on injection attempts and we like to apologize for the downtime of the collection tool today.

More news on the casino and the coming expansions of coin-inc.com soon!

Thank you and see you soon forum.



Tim

US Federal Judge recognises Bitcoin as currency

A US federal judge has found Bitcoin to be "a kind of currency". The fact that you can indeed exchange it for other currency seemed to convince the judge. Find a subscript of the district courts ruling here.
The original article offers the explantion that it enables US law enforcement to continue the case against Trendon Shavers aka "pirateat40" who was accused to have run a Bitcoin investment snowball system in which the "returns" to former investors are comprised of the deposits of new investors. The defendant is said to have acquired 700.000 Bitcoin this way with a promised return of about 7%.
The defense argument was the invalidity of Bitcoin as real currency, hence no money flow. The judge though deemed the acceptance rate and usability of Bitcoin as sufficient enough to serve as money or money substitute.
Back in march other rulings already decided that Bitcoin is subject to the money laundering laws in the States and supporters of Bitcoin hope the current case will instill further trust in the digital currency. (article source)
I will keep you updated on further happenings!
Happy day and see you soon.


Tim

A little setback, though at least Mt.Gox updates

Hi forum! i'm sad to say the shipment of miners i was expecting didn't come through as the reseller was not able to provide the product or sufficient proof of purchase at the agreed date. A little sad but it may proof as starting point with our involvement into a new Bitcoin start-up.
A good thing to see though is the update on mt.gox - apparently they are now self-hosting and present on a large number of servers world-wide, which was in likelihood a response to the system buckling in under the amount of users in the past.
The new transaction system they employ is called Midas and is supposed to handle up to half a million transactions per second. A redesigned user interface is supposed to ease the usage of the exchange.
Money retrievals and deposits may still take up to a week though and is due to Mt.Gox a problem which persists with their current partner bank. The exchange is in the process of acquiring new partners according to their statements. (article source)
When considering the current market situation the exchange could also aim to deal with the negative press it accumulated during it's neigh monopoly during the past years. Charts indicate the eighty percent of market volume Mt.Gox is advertising with are a thing of the past. At the time of writing there were an indicated 47% of market volume traded over Gox.
All in all the whole market shows a promising stable trend with a current price of about a 105 $US to the Bitcon and we are confident about a positive future development.

As always; thank you for your attention and see you soon forum!


Tim