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Bitcoin exchange website offline

Separately, several Bitcoin exchanges released a joint statement saying that funds under their control are held securely.

The website of major Bitcoin exchange Mt. Gox is offline Tuesday amid reports it suffered a debilitating theft of the virtual currency.
    
The URL of the Tokyo-based Mt. Gox was returning a blank page. The disappearance of the site follows the resignation Sunday of Mt. Gox from the board of the Bitcoin Foundation, a group seeking legitimacy for the currency.
    
Separately, several Bitcoin exchanges released a joint statement saying that funds under their control are held securely.
    
The Bitcoin operators said they are working to ``re-establish the trust squandered'' by the failings of Mt. Gox, which should not be considered a reflection of the value of Bitcoin or the digital currency industry.
    
A ``crisis strategy'' report shared widely online that purports to be an internal Mt. Gox document says more than 740,000 Bitcoins are missing from the exchange, which froze withdrawals earlier this month.
    
The cloud hanging over Mt. Gox is a possibly fatal blow to Bitcoin. Supporters of the virtual currency have said its cryptography makes it immune to theft or counterfeiting.
    
The virtual currency had been inching toward broader acceptance despite wild swings in value.

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  1. john posted on 02/25/2014 11:17 AM
    i know this would happen i was going to try it out but i read into it and when i saw it is connected to the stock market i know to stay out of it . stock market is like a toilet if u flush you money down the toilet u never see it again . i dont care if i had the biggest company in the world i still would put it in the stock market . NEVER . the stock market is the biggest legal pondzi sceam ever .
    1. Karl Burgin posted on 02/26/2014 09:10 AM
      @john That's not necessarily true. Its been around for a few years already. It's only recently big players, and the stock market are trying to capitalize. And funny enough, at the same time, the U.S. government is trying to either shut it down or regulate it. Of which I hope never happens.
      But its not a scheme. To get bitcoins yourself, you have to "mine" for it using your computer. It does tend to to tax your computer to the max, so its best to use a spare one that you don't care much about. And it takes a while to "mine". I've tried mining before with my laptop- almost burned out my unit doing so, and didn't get much (i.e. $0.0001) after a week...
      But the exchange is big and profitable. This is one of the currencies of the future....and its one to watch with interest.
  2. Kal El of Krypton posted on 05/07/2014 01:14 PM
    Tons of free bitcoins here. 100% legit. Bitcoin give-away hourly - no limit. Payout every week straight to own wallet. NO minimums. The BEST of all the free bitcoins websites.
    Try for yourself- if its a fake, feel free to comment and say so. But if
    it is real, please make sure to comment.

    http://freebitco.in/?r=379721
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