BitClub Deliberately Targets Novice Investors At Bitcoin Meetup Events
It is not the first time Bitclub is getting a lot of negative attention, though. People can clearly see this company is nothing more than an MLM Ponzi scheme waiting to collapse at any moment now. Bitcoin has become a very popular form of money, attracting interest from all over the world. Not all of that attention is positive, however, as various companies have taken it upon themselves to use Bitcoin as a promotional tool for Ponzi schemes and MLMs. Needless to say, most of these projects are scams, hurting the public image of Bitcoin in the long run. Bitclub is one of the longest-running....
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The way things stand right now, Bitcoin Unlimited has 35.8% miner support. It appears as if the BitClub mining pool has had a change of heart recently. Albeit the company mined a Bitcoin Unlimited block before, it was a slightly different type. To be more specific, it was a block that did not properly signal BU alone. That has changed as of now, with at least three BU-only blocks being mined by the pool in rather quick succession. BitClub Supports Bitcoin Unlimited Now? It is rather surprising to see BitClub still support Bitcoin Unlimited right now. When the pool mined its first BU-esque....
Half of the proceeds from an apparently errant bitcoin transaction, in which 291 BTC (then $136,000) was sent as a fee, has been given away by the recipient mining pool. The Bitcoin Foundation said today that it received 146 BTC ($65,000) from BitClub, which on 27th April received the fee as part of block 409,008 on the network. The transaction drew notable industry attention and media coverage, given that the average transaction fee at the time was 31 satoshis, or less than $0.01. Following the incident, BitClub issued a public call for the individual behind the transaction to come....
The Manchester Bitcoin meetup, the world’s longest-running weekly Bitcoin meetup, just celebrated its 200th consecutive meetup. The meetup, started in 2012 by the Harvey brothers of Lamassu fame, has taken place every Sunday evening in Manchester, New Hampshire since then without fail. Derrick J. Freeman, prominent local cryptocurrency activist and one of the meetup’s attendees, summed up its significance: “Weekly meetups like the one in Manchester give the Bitcoin community a pulse. It says to the world, "We're alive and growing -- Bitcoin hasn't gone anywhere." In fact, the....
A bitcoin transaction with a 291 BTC fee worth $136,700 was processed as part of block 409,008 on the bitcoin network today, sparking speculation as to the nature of what many are considering a colossal error by an unknown user. The fee, one of many sent daily to pay bitcoin’s mining network for processing, managed to draw attention on social media due to its notable size. The average cost to clear a transaction on the bitcoin network was 31 satoshis, or roughly $0.01 at press time, a factor providing evidence of a potentially erroneous transaction. Now, bitcoin mining pool BitClub, which....
Bitcoin Meetup groups are thriving over the past few years, and the recently posted power rankings show some interesting facts once again. It should come as no surprise to anyone that Bitcoin Meetup groups in India are growing by leaps and bounds. But the European Bitcoin Meetup groups should not be underestimated either. Even though very little of the conferences and educational efforts are aimed at European and developing markets, there is still a huge growth in Bitcoin Meetup numbers. According to the latest power rankings, the Bangalore India Bitcoin Meetup saw a member growth of....