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Old March 4, 2014, 09:00 AM
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Default Flexcoin is shutting down

Looks like another BTC exchange has gone poof: flexcoin | the bitcoin bank - Bitcoin Bank - Access Bitcoins from Anywhere

The pyramid scheme that is coin mining is probably starting to crumble, especially if multiple BTC exchanges are going down, causing people to lose all their "hard earned" virtual currency.
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Old March 4, 2014, 09:05 AM
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Well, gee...I'm all broken up about it.
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Old March 4, 2014, 09:55 AM
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This is no surprise, all this crap is a scheme, you will all get ripped off.
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Old March 4, 2014, 11:58 AM
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And the house of cards starts tumbling down....
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Old March 4, 2014, 12:07 PM
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So... price drops on AMD cards? :D
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Old March 4, 2014, 01:17 PM
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What did people think would happen with a massive influx of virtual currency? Hopefully this kills of the craze but I doubt it.
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Old March 4, 2014, 01:24 PM
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Why is this the nail in the coffin? It was a 660k theft, Mt.Gox was 600 Million and the market rebounded a week later.
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Old March 4, 2014, 04:03 PM
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This is a drop in the bucket, no ones ever heard of flexcoin.
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Old March 4, 2014, 04:05 PM
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The issue isn't BTC. Problems have always lied with the "pretenders" that were launched because mining for Bitcoins became too hard.
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Old March 4, 2014, 04:57 PM
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Can I archive this somehow to bring this up when bitcoin hits 1300 usd?

Wasn't the end of bitcoin from the last MTGOX crash? When it crashed from 300 to 150? Or what about the crash from 12 to 4?

Bitcoin cannot be stopped.

Calling bitcoin a pyramid scheme shows how little you know about it. It is so incredibly amazing and complex that I do not fault you.

Keiser Report: New Crypto Phenomenon Ethereum (E569) - YouTube

Max gives some good insight into bitcoin in this video. I would recommend watching it, and joining me in mining something that is superior to bitcoin, maxcoin.

Maxcoin is based on better encryption, SHA3. I think it's a winner.
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