White House Petition to AMEND IRS NOTICE 2014-2 Taxing Virtual Currency Bitcoin

In response to the IRS announcing how they will treat Bitcoin and virtual currencies for tax purposes a petition to the White House, has been started to get it amended. This is Due to the overly burdensome way miners would have to keep track of earnings and unclear procedures for doing so.

The petition has just been started, so it needs lots of signatures to get looked at by the White House and taken seriously.

Here is what the petition states.

 

WE PETITION THE OBAMA ADMINISTRATION TO:
AMEND IRS NOTICE 2014-2Taxing virtual currency/bitcoin as property stifles new technology & creates untenable requirements
The IRS Tax Notice 2014-21 clarifies the treatment of Virtual Currencies(“VC”) such as Bitcoin. The guidance states that digital currencies are to be treated as property. Thus, Capitals Gains must be paid on every transaction. This treatment of VC is overly burdensome as it will create onerous record keeping issues and unnecessary costs that will stifle the development and advancement of this important technology. Bitcoin is regularly used to pay for items and services, as it is a safe way to transfer payment. Under this interpretation, when Bitcoin is spent, the owner will have the tenuous responsibility of calculating their capital gains or losses, as well as the Seller of the goods or services. We ask that the IRS creates a new classification for VC’s that removes these challenges.

Created: Mar 28, 2014

White House Petition

Especially for miners the IRS’s vague requirements make it extremely difficult to follow. Tracking each transaction which for even a small scale miners can be in the 1000′s per month, keeping track of each one individually would be a monumental task. There is also no guidance as to where you would get the official rates at the time of the transaction. There are several worldwide markers for Bitcoin value and all very in what they report at any given time..

I signed the petition I hope all of you get out and do so, as well.

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Latest Bitcoin China News

So what's actually happening in China that's causing Bitcoin / Litecoin to drop?

On 3/21, several media reported that the People's Bank of China* would ban all the bitcoin trading in China. This was later proved to be wrong. The People's Bank of China made a announcement on n weibo (the Chinese version of twitter) that this was a false interpretation. But it didn't come with a correct version.

On 3/26, one of the largest financial media, Caixin, confirmed the actual message sent by People's Bank of China. It requires that all the banks and 3rd party payment services stay away from bitcoin trading platform, making it impossible to fund or withdraw money. The deadline is 4/15.

*People's bank of China is actually NOT a bank. It is a regulatory agency controlling all the financial activities.

Bitcoin China Chart Explains It All

Here's the neverending FUD nicely explained in this Bitcoin China Chart. lol click to expand ...

Mt Gox Finds Lost Bitcoin? 670,000 More Possibly Found!

Could it be true?

On March 4th, a few days before MtGox found Bitcoin totaling 200,000 of their ‘lost’ funds, this was Tweet’ed:

@PatronaPartners As I heard from an insider from @blockchain: they found lost#bitcoin of @mtgox Note: It's not an investment advice/offer.

— Eren Canarslan (@CanarslanEren) March 4, 2014

He followed that up with:

@zeroblock @PatronaPartners @blockchain I talked with Mark Karpeles, the news is good !

— Eren Canarslan (@CanarslanEren) March 4, 2014

Just now, on March 25th, his account Tweet’ed on the topic a second time:

Within a few days(or hours) @MtGox will announce that "they found ~670.000#bitcoin & may release some BTCs to the victims. @PatronaPartners

— Eren Canarslan (@CanarslanEren) March 25, 2014

This could mean a MASSIVE spike in the Bitcoin markets, stay tuned ...

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How to Accept Bitcoin

You'll learn how to accept Bitcoin rather quickly once you realize the following ...

Mark your calendars for April 8. It’s been a target day of dread for thousands of companies’ IT departments counting down the days before they cross the “finished” line. There are currently armies of IT folks throughout the world in a race to upgrade Microsoft Windows XP operating systems to modern versions of Windows before Microsoft officially pulls the plug. 

For the bitcoin community, this matters because of one extremely important factor: PCI compliance. April 8 is the last date Microsoft will publish the latest round of security fixes for Windows XP known in the IT departments as the monthly “Patch Tuesday”. The first reported vulnerability after that date means the computer is unsecured and no longer compliant with the laws established by the PCI organization that grants authority to use the credit card payment networks.

With no legal ability to process credit card transactions, businesses that rely on credit cards to run their operations could be in serious jeopardy. The backup plan has traditionally been cash, or written checks for the few that continue to accept them. Since the internet age, credit cards and Paypal have been the only payment options available to merchants. Many merchants have been in a state of denial about the Windows XP and PCI Compliancy predicament. Without a large IT organization to advise them, smaller companies may find this deadline comes as an unwelcome surprise.

So ... it may be a good time to  hold on to your bitcoins, or better yet – stock up.

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Bitcoin Startup Investments Surpass $117 Million

Bitcoin startups in North America have received the lion’s share of the digital currency’s venture-capital investments, drawing $98.6 million to date, according to a report from researcher Aite Group LLC.

Investors have funded 19 Bitcoin startups in the region, compared with nine in Asia totaling $13.3 million and three in Europe with $5.6 million, according to the report by Boston-based Aite, which surveyed merchants, banks, regulators and Bitcoin companies.

Bitcoin, the most popular digital currency, is drawing attention from institutional investors after evolving over five years from an intellectual novelty into a global financial network. Pantera Capital Management LP, the investment firm run by Dan Morehead, disclosed in a December regulatory filing that it had formed a $147 million investment fund for Bitcoin.SecondMarket Inc. said yesterday it’s seeking approval for its Bitcoin Investment Trust to trade publicly by year’s end.

Many technical issues need to be worked out prior to mass adoption, Aite said. The Bitcoin network needs to process more transactions faster, and to be more transparent so as to allay regulatory concerns, the researcher said.

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The Coming Bitcoin Mass Adoption

The Bitcoin Tipping Point is coming and it will be the Big Bang of disruption in financial services, money and payments as we know them!

I often think about the “tipping-point” in Bitcoin’s journey to mass adoption and regularly as myself several questions. When will it be noticeable and what will trigger it? Has it already begun or if not, how far away are we? How do you define or measure “mass adoption” of Bitcoin?

A bitcoin meme of Morpheus and Neo posted online recently got me thinking again about how Bitcoin’s true exit most likely itself. Once a significant number of people begin to realize this idea, the tipping point may have arrived!

Even now, I can and regularly do pay for almost anything with bitcoin; if not directly, then with a convenient 3rd party concierge service such as Snapcard. Even still, in my opinion, Bitcoin isn’t even close to mass adoption considering the latest studies that estimate about 2 to 3 million people actually own or have owned bitcoins. The majority of those people own less than 1 bitcoin!

 

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Bitcoin vs Gold ... Gold 2.0

Bitcoin is often called “Gold 2.0” because they share many of the same traits. As we have magazines dedicated to “head to head” matchups in cars, motorcycles, computer parts, cell phones, etc. – perhaps we should have a head-to-head matchup between gold 1.0 and gold 2.0, Metal vs Digital. Money is commonly recognized to have six essential elements that make it ideal for transferring value between parties. These will be our criteria.

·         Durability

·         Portability

·         Divisibility

·         Fungible

·         Limited supply

·         Acceptability

WHO WILL WIN?

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Mt Gox Forgets About, Then Finds 200,000 Bitcoin.

You might think a bitcoin exchange that was doing as much business at Mt. Gox was at one time would have a system in place that would allow it to keep track of where exactly all the Bitcoin it was holding for customers was. That would be an incorrect assumption though after the firm admitted to having lost about 850,000 bitcoins during its operations.

Mt. Gox has been in some big trouble over the last several months with the company first halting withdrawals due to a technical issue having to do with potential fraud. Mt. Gox later filed bankruptcy in the US. The bitcoin exchange has now announced that it has found 200,000 missing bitcoins in an old wallet it had forgot about.

That old digital wallet had been around since 2011 and had bitcoins worth about $116 million. With the recovery of 200,000 bitcoins, the total number of virtual coins lost by Mt. Gox now stands at about 650,000.

The CEO of Mt. Gox says that it had some old format wallets that were used in the past that the firm thought no longer had bitcoins in them. However, it discovered that the old format wallet indeed held a huge number of bitcoins. It's easy to wonder if Mt. Gox might have deleted some other old format wallets that held huge numbers of coins, accounting for some of the hundreds of thousands of bitcoins still missing.

Read the rest

 

The State of Bitcoin and Altcoin

What lies ahead for the future of Bitcoin and cryptocurrency?
Recent musings ...

Since ASIC mining is now coming to Scrypt, it puts most miners (many of which who have already been pushed out of bitcoin mining) out of Scrypt mining soon.

Along with steep declines in revenue from the mining pursuits, mainly due to the influx of new miners entering in the last few months, it is likely that most miners will experience difficulty breaking even on their hardware investments.

Throw in all the hacked exchanges (Mt. Gox, Coinex, Poloniex, Flexcoin, etc.), negative press, the Dorian Nakamoto Newsweek blunder, a flood of pointless pump and dump scamcoins, and negative government and central banking actions ... well let's say it's an uphill battle for legitimacy and global acceptance at the moment.

Anything that has the capacity to change the way the world works - the way business and transactions are performed - will have complications. To paint a visual, digital currency acceptance can be likened to ocean waves, battering against yesterday's bricks and mortar world.

Long term, I'm very bullish on bitcoin and altcoin ... but as it often goes, there will be a lot of casualties on the road to victory.

Linux Crypto Worm 'Darlloz' found in 31k devices by Symantec

Linux worm diversifies to mine cryptocurrencies ... Symantec has found 31,000 devices that have variants of the 'crypto' worm named Darlloz, which targets routers and set-top boxes, among other 'Internet of Things' devices.



The latest variant was found by Symantec in mid-January which looks specifically for Intel architecture, along with other embedded devise like PPC, MIPS, and MIPSEL.

Since cryptocoins like Mincoin and Dogecoin use the scrypt algorithm, they can still be successfully mined on home PCs. Bitcoin difficulty requires custom ASIC chips.

The vulnerability was exposed through the backdoors of certain router types, which typically do not have the rigorous safety requirements of PC operating systems. The importance of up-to-date firmware cannot be stressed enough.

Read more

CoinEX.pw Bitcurex, Polionex ... how about stop using 'ex'?

CoinEX.pw, at least, is gracious enough to cover the recent losses out of pocket for their customers. That's a fortunate break, unlike the recent attacks to hit multiple digital currency exchanges in the last 2 weeks.

CoinEX.pw has confirmed it recently suffered a hack resulting in the theft of all the bitcoins in its possession.

The digital currency exchange has assured customers that it is going to cover the losses out of its own pocket, although it didn’t confirm the total number of bitcoins lost.

In a post on the Bitcoin Talk forum, a CoinEX.pw representative under the username ‘erundook’ said:

“Long story short: yes, our wallet server got hacked and all funds were withdrawn.”

He also asked users to keep calm and asserted the company’s operators are not “doing a runner”.

 

Read the rest

The Future of National Crypto Coins - Spaincoin and Auroracoin

Wild swings abound in the national cryptocoin scene. Rumour has it Spaincoin should see another big burst by the end of this week due to potential news coming out of Argentina. We patiently wait, and maybe stock up on some coin just in case ...

"Bitcoin's market capitalisation was slightly down by 2.1% while it's closest rival in value litecoin saw a rise of 3.2% in value.

However it was the country-based coins which saw the most spectacular gains and falls. The big riser from Monday - spaincoin - fell almost as spectacularly as it rose, dropping 45% in value in just 24 hours - though as spaincoin is still very young, this type of fluctuation is typical.

Yesterday we reported that auroracoin, the Icelandic cryptocurrency, had lost 50% of its value in 24 hours. Today however things have been reversed and the value of the coin has grown by almost 90%.

The fluctuations probably won't be welcome by the coin's developers ahead of the airdrop next week when each Icelandic citizen will be handed out 31.8 pre-mined coins.

The rebound comes after the Icelandic parliament held a closed session to discuss the cryptocurrency on 14 March. Creator of auroracoin, Baldur Friggjar Óðinsson, told CoinDesk that the government didn't invite him or anyone associated with the virtual currency to take part in the discussions.

The future for auroracoin is uncertain however, and there remains a distinct possibility that auroracoin could be made illegal in Iceland, if some reports are true. Adding to the uncertainty is chairman of the Committee for Economic Affairs and Trade, Frosti Sigurjónsson, who said in a blog post: "There is evidence however that this is a case of [a money] scam and illegal.""

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China Bitcoin Transactions Made Easy For Foreigners

Hey r/bitcoin, I just thought I’d chime in from China (I live in Ningbo). A little perspective first, this is not a technical article and I am not an economist or academic. I’m just a white dude living and working in China. But I think BTC changes lives on an individual level, so I’d like to just give you my thoughts from my perspective from my life, nothing else. A lot of what I am writing about it anecdotal and non-scientific evidence. I am just assuming many other foreigners share the same problems as me.

That said, here’s how BTC makes my life easier in China and why I think it might really catch on with the other 21M foreigners who come here every year, 1M of whom live here permanently as I do:

• Ease of transferring funds to and from native bank accounts to Chinese bank accounts. <snip> Location just became irrelevent for my savings accounts, and remittances are now easy and cheap
• Ease of purchasing goods within China (not yet, but hopefully soon). <snip>I’m not sure, but I think it’s possible we will see major Chinese retailers accept BTC for payments again. If so, this makes buying stuff way easier as a foreigner.
• Compared to banking in China as a foreigner, BTC is a cake walk. <snip>Red tape and language difficulties make banking a bitch here. BTC can simplify 90% of this.
• Ease of purchasing goods from other Asian countries and around the world. <snip>people living in Asia don’t just buy stuff from where they live, they buy from all over the region. My disposable income in yuan/China is now disposable income in many other currencies/places. Hello global shopping.
• Purchasing BTC through Chinese exchanges is actually not that hard. <snip>You can get BTC in China. I’ve done it, and I’m a computer/tech idiot.
• BTC has the potential of permanently disrupting international trade. (I could write an entire article on this subject alone.)<snip>The financial industry is not the only multi-trillion dollar industry waiting to be disrupted. Dorian’s bitcom train is chugging along!! CHOO CHOO MOTHERFUCKERS!
• If cryptographic contracts ever take off, that would be a huge boon to foreign business people.<snip>Hiring Chinese staff is a legal headache (putting it extremely charitably). If a blockchain based contract solution comes to be accepted here, watch a ton of foreign entrepreneurs thrive in China.
• Shanghai is going to have a huge BTC conference in August I don’t know too many details about this, but I plan to attend myself. I can only assume that if a large BTC conference can be organized in Shanghai, China will not be turning its back to BTC any time soon.

Living and doing business in China (as a foreigner) can be a pain in the ass when it comes to money and financial services. BTC has the potential to make it 95% easier to live here, and I suspect the same for other expats living in other countries around the world.

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An Example of Receiving Business Bitcoin Payments

Reddit user "Leeburg" has a storefront which deals in smartphones, computers, and all order of electronic gadgets wanted by people all over the world. He's able to serve these people by taking business Bitcoin payments is a geographically global digital currency.

Rather than get a bank involved in converting obscure currencies, he simply waits for confirmation that a customer's payment has arrived at the appropriate Bitcoin wallet. At that point, it can convert to U.S. dollars or do whatever else it would like with the Bitcoins — the payment's arrived and the irreversible nature of Bitcoin transactions means it's here to stay.

Here's nine months worth of orders mapped out destinations:

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TigerDirect Bitcoin Sales top 1 Million in 50 Days

Between Overstock.com and TigerDirect.com, they're showing the business world the impact that Bitcoin is having on the retail industry:

Florida-based online high-tech retailer TigerDirect passed $1m in total bitcoin sales on 13th March, less than two months after it began accepting the digital currency.

TigerDirect began taking bitcoin on 23rd January, partnering with Georgia-based merchant processor BitPay, and has been active atincentivizing its budding bitcoin customer base.

Steven Leeds, director of marketing at Tiger Direct, told CoinDesk that his company has been very pleased with its decision so far.

Said Leeds:

“The overwhelming response from our customers validates our decision.”

Read the rest 

Multi-Sig Bitcoin Security: Stepping Up Future

Over the last few weeks, there's been a buzz about multi-signature wallets. In addition to other security measures such as 2FA (two factor authentication) and sound codes (ultrasonic password security), multi-sig bitcoin security is picking up the pace:

"Over the past month we have seen a large number of Bitcoin services dramatically fall over into the abyss. Silk Road 2, the intended successor to the Silk Roadanonymous marketplace that was shut down in October last year, lost $2.7 million worth of BTC consisting of all of its users’ account balances and is struggling to figure out how and if it will ever be able to relaunch. MtGox, once the world’s largest Bitcoin exchange with over 90% market share, stopped processing withdrawals early in February and has since shut down entirely, admitting to having lost a staggering 750,000 BTC. Flexcoin, an old “bitcoin Bank”, shut down after having lost 900 bitcoins, and a site called Poloniex gave its users a Cyprus-style haircut after finding out that it was short around 75 BTC"
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Icelandic Government Debating Auroracoin's Fate

Seems national cryptocurrencies, once looking quite promising, have been running into major obstacles lately. First Auroracoin, then Mazacoin. It may be a great idea down the road, but lesson learned ... if a development team premines a potentially national currency, they're doing it wrong.

Then you have the 'central banks' feeling it's too volatile of course. Pot kettle black invisible hand.


"Iceland’s Parliamentary Economic Affairs and Trade Committee held a formal discussion regarding auroracoin in closed meeting on 14th March.
Auroracoin is a digital currency based on the litecoin source code, and a portion of it will be provided for free to Icelandic citizens. It has experienced a remarkable surge in popularity as an alternative to bitcoin, passing litecoin in total market cap in early March for a short period. It is currently the number four digital currency by market cap."

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NY Accepting Apps for Digital Currency Exchanges

Once the bitcoin ATMs hit the scene, regulation may not be far behind ...

"New York’s Superintendent of Financial Services, Benjamin M. Lawsky, has issued a public order that confirms the state is now accepting applications for digital currency exchanges.

Perhaps most notably, however, was that Lawsky indicated that these businesses will be regulated under new New York regulation, which he committed to having in place by the end of the second quarter of 2014.

In his remarks, Lawsky struck his usual balance of at once recognizing the promise of digital currencies and stressing that related business activities need to be conducted in a responsible and lawful manner.

Wrote Lawsky in the release:

“The recent problems at Mt. Gox and other firms further demonstrate the urgent need for stronger oversight of virtual currency exchanges, including robust standards for consumer protection, cyber security, and anti-money laundering compliance.

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How to 'Mint' ... and watch for the next 2 Mintcoin halvings through March

After the initial blast-off, Mintcoin has now settled around 40-45 satoshi and is holding firm. Watch for late adopters to buy in and move the price, even before the next halving (of which there are 2 more coming) where the prices are likely to surge again.

The steady charts are proportional to the drop-off in volume since everyone is holding (or 'minting) these coins right now because of how POS (Proof of Stake) works. You can either mine a coin to generate more, or hold a coin in your wallet for a period of time. The latter is similar to receiving interest at a bank, and Mintcoin will deliver a WHOPPING 20% interest.

You will need to hold the coin for at least 20 days in your mintcoin wallet to be eligible for it. Transfers in and out will void and reset the clock!!
Here is the official Mintcoin thread  (just click 'skip ad' in upper right to visit thread)
The steps to start minting would be:

1.) Download the mintcoin wallet from the official thread above
2.) Open an account on Coinbase to transfer USD to BTC.
3.) Send the BTC to an exchange like Cryptsy to transfer BTC over to MINT
4.) Transfer MINT from Cryptsy direct into your wallet.

*When you open your wallet, you have to let it 'sync' with the block chain, this takes a while and you will watch the blocks catch up. There will be a mint address generated within your wallet,  which you would use at Cryptsy to transfer that MINT to your wallet.

Early adopters stand to gain big, start minting!

China buying bitcoins like a rabid Doge

http://fiatleak.com

^^^much wow, very not-dogey^^^

Next 2 weeks to be a wild ride ... China buying BTC like nuts ... NY Times about to land a blow with the Mt. Gox story in tomorrow (today's) paper... if you've got bitcoin anywhere other than Mt. Gox since they're kaput then stave off a potential drop in value tomorrow and buy MINT ASAP...

Mintcoin will be the only coin with a real long term outlook @ 20% interest per annum ... not marketing the coin, just look at the market movement! Heads up and fair warning!

BTC heading to $100 or $1000?

No one home at Gox ... looks like this:

Over at Coinbase, business as usual but you'll temporarily have to wait for new BTC purchases.  

Even with the recent joint statement by world bitcoin exchanges, there is likely to be a flurry of bad news throughout the Crypto World regarding "Trust".

What could this mean for BTC and LTC?

How will this impact the future world of digital currency?

If they are finished due to what seems like insurmountable reputation damage ....

What or Who can take their spot?

What alternative crypto-currency could possibly do this as a long term viable currency?

THE ANSWER IS....

#MINT

20% interest per annum for holding the coins.

No other coin offers it.

Many altcoins that finish mining will adapt to POS (Proof of Stake). This is where interest is earned on the coins when kept in the wallet for a specified period of time. Move them to an exchange, the counter resets.

Let's presume you own 100,000BTC and could only withdraw a certain amount a day ....and did not want to disturb the market?

You would buy alternative coins to balance out the difference.

Only problem is?  Alts are trading off the underlying platforms...

March 15th .....keep an eye out. Unseen hand just might make MINT the next BTC.

Once the MINT/USD market opens, so will the flood gates ...

All that will be needed is a joint statement by owners regarding proper protection and ethics. If Mint steps to the plate, with names, faces, trust, hard work, and no screw-over job this coin will fit the bill, as long as it could trade in $ , euro, yuan ... and it just hit Bter, expect Asian markets to pick up quick.

The next useful hedge in the fiat world.

Time to MINT!

The Future Is Bright for Altcoins...

Joint Statement Regarding MtGox

Feb 24th, 2014

The purpose of this document is to summarize a joint statement to the Bitcoin community regarding Mt.Gox.

This tragic violation of the trust of users of Mt.Gox was the result of one company’s actions and does not reflect the resilience or value of bitcoin and the digital currency industry. There are hundreds of trustworthy and responsible companies involved in bitcoin. These companies will continue to build the future of money by making bitcoin more secure and easy to use for consumers and merchants.  As with any new industry, there are certain bad actors that need to be weeded out, and that is what we are seeing today.  

We are confident, however, that strong Bitcoin companies, led by highly competent teams and backed by credible investors, will continue to thrive, and to fulfill the promise that bitcoin offers as the future of payment in the Internet age.

In order to re-establish the trust squandered by the failings of Mt. Gox, responsible bitcoin exchanges are working together and are committed to the future of bitcoin and the security of all customer funds....

Read More: http://cur.lv/7ql7m

Mintcoin doubles its value in 24 hours ...

Massive surge into Mintcoin at the moment, just doubled:

Follow on Twitter: @CryptoCoinDaily

Mintcoin poised to explode?

Considering the latest news, might be wise to get in on Mintcoin while its cheap ... quickest way to acquire is to set up a Coinbase account, transfer USD to bitcoin. Set up a receiving bitcoin address at Mintpal where you can transfer into Mintcoin.

Score a million coins around $80-100. This coin will be halving twice in the next few weeks and could easily go up 5x its value or more. It's not dropping below .00000010 again! Long term potential with a POS/POF system, not to mention just holding onto them bears 20% interest annually.

Best of luck!

Bitcoin Stabilizes Admist World Market Uncertainty

<!– google_ad_section_start –> Where's Bitcoin headed now? After the recent silk road 'redux', it's likely to remain stable where it is, between $500-600 USD ... since the open source bug which caused the latest heist has largely been resolved. It will have to take something bigger than news of outright theft of Bitcoin in order to make it drop lower. That would have to be BIG news in order to have a real effect. With Mt. Gox out of the picture, there isn't much standing in the way of a steady climb into the future.

If we see major downswings in standard currencies, Bitcoin will likely regain upwards volatility. Add to that world markets have been inching closer to bank runs lately.

Although Bitcoin's penny stock days are over, investors will continue looking for financial refuge. Altcoins are going to look a LOT more attractive in the future, just more of a 'when' than 'if' question. <!– google_ad_section_end –>

Promising Future For Quark, Devcoin

After watching the ups and downs of 'Alt coins' for a few months ... these are beginning to shape up as promising future currencies. Devcoin, due to its growing user base ... and Quark due to its scientific backing as an actual viable future currency. Will be interesting to see how these two will develop with respect to the meme-based Dogecoin, which gained amazing popularity in the last few months.

TIP: If you have absolutely nothing, you can start building free coin accounts now before a coin catches fire ... plenty of free micro faucets available, here's one of the best free coin account faucets for getting multiple types of crypto currencies simultaneously added daily to your account balance. Hoping to add more good ones soon.

HOW To Take Advantage Of The Impending Explosion. Get Free Crypto Coins Daily.

<!– google_ad_section_start –> ALERT! With over half a dozen countries either starting or showing the signs of bank runs, it's best to keep a close eye on the currency markets. The latest news from Ukraine may be a major financial importance to world markets, and may be the tipping point in the months to follow.

Please be aware at the time of this writing there is an impending rise of crypto currencies taking place. We are already in the early stages right now of the influx of new investments pouring into alternate currencies, which is predicted to spike in just a few years (maybe sooner). People are starting to become more conscientious, they're asking questions about what is going on, and once they understand how the crypto market works there will be a shift.

Bottom line ... crypto currencies are here to stay. They are slowly beginning to present a realistic, viable alternative to investors as new avenues for 'financial refuge'. What this presents is a GIANT opportunity for early movers ... and for those who start building their currency accounts now!

Here is a current free method on HOW you can get free coins without 'mining':

1.) There are lot of crypto coin 'faucets' that will deposit micro-amounts. The following link is for a fantastic coin faucet where you get your own secure account ... and receive crypto coins daily on auto pilot for MULTIPLE currencies! You get everything from Bitcoin, Litecoin, Feathercoin and more, all added daily to your account balances. In one word? Awesome.

Click here and sign up with your email to start receiving free coins right now. You'll learn exactly how you will get free crypto coins daily.

Here's how to make a LOT more by following the 2nd step below.

2.) I will show you WHAT you need to do right now to make anywhere from $25 to $500 (or more in the future) per hour and HOW to do it.

Sign up for our Crypto Insider Newsletter:

Name:

Email:

We respect your email privacy

You'll receive an email with the details, and I'll let you know which coin out of the entire 130 crypto currencies currently available will allow you to do this.

In summary, if you've been following the market then you likely know a lot about what is taking place. Many people are trying to figure out how to get a good slice of the crypo currency market without breaking the bank (since crypto currencies continue to be volatile).

However ... as more people find ways to make them accessible to the general public (like creating ways to 'tip' people for goods, services, and information like Dogecoin is doing) ... these 'alt coins' are going to skyrocket. Consider them a new form of 'penny stocks' with actual potentials to make fortunes.

Ridiculous fortunes!

Although many folks think Bitcoin has already peaked, and plenty of nay-sayers believe crypto coins will be out of the picture at some point ... guess again. The evidence to the contrary is overwhelming (and exciting too!). Do you know that as I write this, the 1st 100 Bitcoin ATMs are landing in Australia soon? Yes indeed! Get ready for a wild ride and find out how you can get a giant piece of the action by being proactive right now and change your life for the better. <!– google_ad_section_end –>