Erupter – Jupiter Broadcasting https://www.jupiterbroadcasting.com Open Source Entertainment, on Demand. Mon, 22 Feb 2016 02:47:46 +0000 en-US hourly 1 https://wordpress.org/?v=5.5.3 https://original.jupiterbroadcasting.net/wp-content/uploads/2019/04/cropped-favicon-32x32.png Erupter – Jupiter Broadcasting https://www.jupiterbroadcasting.com 32 32 Summer of Bitcoin | Plan B 16 https://original.jupiterbroadcasting.net/40712/summer-of-bitcoin-plan-b-16/ Tue, 23 Jul 2013 18:43:36 +0000 https://original.jupiterbroadcasting.net/?p=40712 A series of events kick off this week that lay the foundation for a very productive Bitcoin summer!

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A series of events kick off this week that lay the foundation for a very productive Bitcoin summer, plus a popular Bitcoin gambling site sells for a record breaking amount, a Bitcoin Ponzi scheme is busted, your emails of the week, and a few surprises!

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Stossel discusses the gold standard and bitcoin

Economist Ben Powell and Laissez Faire Books executive editor Jeff Tucker on investing in gold and the bitcoin


SatoshiDice sells for 126,315 BTC

Blockchain-based betting game SatoshiDice has been sold for 126,315 BTC, which at the time of writing was worth around $11.47 million.


SEC Charges Texas Man in Bitcoin Ponzi Scheme

The SEC charged Shavers with violating the Securities Act of 1933 for unlawfully selling unregistered securities, as well as intentionally misleading and defrauding investors. Their alert provides an overview of Ponzi schemes — a fund that pays earlier investors with new investors\’ money, often promising returns far exceeding alternative opportunities. The SEC document also explains that virtual currencies may be seen as especially attractive to those looking to conduct fraud as a result of the perceived ability to remain anonymous. Importantly, the filing also notes, \”Any investment in securities in the United states remains subject to the jurisdiction of the seC regardless of whether the investment is made in U.S. dollars or a virtual currency.\”

The Securities and Exchange Commission today charged a Texas man and his company with defrauding investors in a Ponzi scheme involving Bitcoin, a virtual currency traded on online exchanges for conventional currencies like the U.S. dollar or used to purchase goods or services online.

The SEC alleges that Shavers promised investors up to 7 percent weekly interest based on BTCST’s Bitcoin market arbitrage activity, which supposedly included selling to individuals who wished to buy Bitcoin “off the radar” in quick fashion or large quantities. In reality, BTCST was a sham and a Ponzi scheme in which Shavers used Bitcoin from new investors to make purported interest payments and cover investor withdrawals on outstanding BTCST investments.

Shavers also diverted investors’ Bitcoin for day trading in his account on a Bitcoin currency exchange, and exchanged investors’ Bitcoin for U.S. dollars to pay his personal expenses.

The SEC issued an investor alert today warning investors about the dangers of potential investment scams involving virtual currencies promoted through the Internet.

“Fraudsters are not beyond the reach of the SEC just because they use Bitcoin or another virtual currency to mislead investors and violate the federal securities laws,” said Andrew M. Calamari, Director of the SEC’s New York Regional Office.

The Movie by Project Bitcoin

A documentary about the socioeconomic impact that Bitcoin is making around the world. Comprised of interviews from global Bitcoin users

Bitcoin Pick

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Bitcoin Must Comply | Plan B 15 https://original.jupiterbroadcasting.net/40422/bitcoin-must-comply-plan-b-15/ Tue, 16 Jul 2013 16:19:16 +0000 https://original.jupiterbroadcasting.net/?p=40422 From the core developers to the Bitcoin entrepreneurs, the only way forward is through regulation. We'll tackle this topic, and discuss the long-term goals.

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Regulation and compliance, just the very words make many wince in pain. But the bitcoin elite agree, from the core developers to the Bitcoin entrepreneurs, the only way forward is through regulation. We’ll tackle this topic, and discuss the long-term goals.

Plus Drew reviews his USB ASIC Block Erupters, malware on ListenToBitcoin.com, your emails, and more!

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If you enjoyed this episode, found value or information from it, please consider contributing using Bitcoin. Each episode gets its own unique Bitcoin address so by tipping you\’re not only making our continued efforts possible but telling us what you liked. Our episode specific address is listed at the bottom of the show notes.

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Listen to Bitcoin Sold, Site now has Malware


The Compliance Stage

\”There are few things scarier than the threat of the government turning off your [portfolio] business and that possibility 100 percent exists with bitcoin,\” said Matthew Witheiler, principal at Flybridge Capital Partners, and one of the four investor panelists at the pitch event. \”The bitcoin companies that win will be the ones that play by the rules.\”

A lively discussion involving some of the hottest entrepreneurs from the Bitcoin start-up scene. Panelists include Erik Vorhees, Coinapult, Nejc Kodric, Bitstamp, Jeremias Kangas, Localbitcoins.com, Jered Kenna, Tradehill, Pelle Braendgaard, Co-founder, Kipochi. The panel is moderated by Isaac Kato, Co-founder, Verne Global

\”It\’s a fantastically good thing,\” he says. \”Experimentation is wonderful. It\’s been disappointing that the overwhelming majority of altcoins have been pump and dumps or premine-type schemes.\” he calls that the first generation of coins, but thinks that the landscape for altcoins is maturing.

Coinbase Launches Instant Bitcoin Purchase

Coinbase is a San Francisco, USA based company that provides bitcoin wallet and merchant services. They currently support 180,000 customers and have raised over $6M in funding from large name investors including Y Combinator, SV Angel, Start Fund, Union Square Ventures, and Ribbit Capital, among several others. Today Coinbase announced the ability to instantly purchase bitcoins from connected bank account for a 1% fee.

Coinbase co-founder Fred Ehrsam confirmed that this was an anti-money-laundering move, and explained that the extra ID information level 2 users would need to submit include date of birth, address and last four digits of social security number. They also need to answer questions based on information in the public record, such as the color of their last car. This is the same kind of verification procedure attached to opening a new brokerage account or lifting the limits on a PayPal account, he noted.

Bitcoin Pick

CoinedUp.com is a FREE crypto-only currency exchange.

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