Life on Bitcoin – Jupiter Broadcasting https://www.jupiterbroadcasting.com Open Source Entertainment, on Demand. Mon, 22 Feb 2016 02:47:45 +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 Life on Bitcoin – 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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]]> 90 Days or Bust | Plan B 10 https://original.jupiterbroadcasting.net/38606/90-days-or-bust-plan-b-10/ Tue, 11 Jun 2013 16:31:55 +0000 https://original.jupiterbroadcasting.net/?p=38606 We bring on one of the dynamic duo who want to Kickstart a 90 Days on Bitcoin documentary project, called Life on Bitcoin.

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We bring on one of the dynamic duo who want to Kickstart 90 Days on Bitcoin documentary project, called Life on Bitcoin.

Then we chat with the head honcho of BitVegas stops by to chat about their new features, and Bitcoin faucet partnership.

Plus we have a few theories about the recent price drop, cleaning up Bitcoin addresses, your emails, and more!

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Looking for one large BTC crash near June 8 lasting 3 days with a 4 day recovery. If this does not happen I will be quite surprised.

Welcome to BitVegas. A casino built 100% inside of Minecraft.

Get bitcoins for BitVegas here. Earn bitcoins for watching videos and completing simple tasks.

So Lee escalated. Determined to find a patient willing to pay him in bitcoins, Lee put an ad up on Reddit last year offering a \”male fertility evaluation\” — basically, a sperm test — in return for 15 bitcoins, which at the time were worth around $5 each.

In Total Bitcoin\’s volatility has worked in Lee\’s favor, so far. The 30 bitcoins he collected for aiding in Baby #4\’s conception are now worth around $3,600 — easily offsetting the heavy discount he offered.

Draper University in San Mateo, CA has started accepting bitcoins for tuition and recently processed its first bitcoin payment for its summer program, which starts later this month.

According to information released by Draper U, the educational institution has become the first to accept bitcoin for tuition. Draper, which bills itself as \”an unconventional world class boarding school for the brightest young entrepreneurs from around the world,\”

Can a newly married couple survive when every living necessity can only be purchased with \”cryptocurrency\”?

Moment of Zen

Early Amazon Investor and Hedge Fund Investor, Bob Gelfond: \”The digital currency called Bitcoin may or may not survive long-term, but it has already succeeded on one front: making people think seriously about alternative forms of money. More such alternatives to traditional currency will likely emerge.\”

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