Bitcoin FinCEN Rumors Confirmed And Investigated
Oct23

Bitcoin FinCEN Rumors Confirmed And Investigated

FinCEN Likely To Act In November Against Bitcoin Related Companies Last week BitcoinPriceLive was the first news site to report about the rumor of upcoming FinCEN actions before the Money 20/20 conference on November 4. The originator of the FinCEN rumor Taariq Lewis responded to our story via Twitter to say that BitcoinPriceLive got the basis of the story “absolutely WRONG”. Additional research was done on the FinCEN and...

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Chinese Litecoin Volume Remains Mystery
Oct17

Chinese Litecoin Volume Remains Mystery

Chinese Litecoin Volume Indicates Possible Fraud Last week BitcoinPriceLive reported the rumor that fake Chinese Bitcoins and fake Chinese Litecoins were responsible for the latest cryptocurrency market crash. Our main observation was that LiteCoin volume is so incredibly high on the OKCoin exchange that it is likely fraud. In the previous article we showed that one day volumes on OKCoin were roughly 12.2 million Litecoins. Seven day...

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FinCEN Targets 5 Or 6 Bitcoin Companies Next Month
Oct13

FinCEN Targets 5 Or 6 Bitcoin Companies Next Month

Rumor That FinCEN Will Act Against U.S. Based Crypto-Currency Companies A rumor has spread accross Bitcoin Talk forums, Reddit, and other related Bitcoin forums that the Financial Crimes Enforcement Newtork (FinCEN) will take action next month. They are expected to hand out “enforcement actions” against 5 or 6 U.S. based crypto-currency companies. According to the rumor, the FinCEN is targeting companies which are setting...

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Patrick Bryne Sells Cryptographic Snake-Oil
Oct07

Patrick Bryne Sells Cryptographic Snake-Oil

Patrick Bryne Performs Media Stunts As Overstock Company Nears Bankruptcy CEO of Overstock.com Patrick Bryne, is no stranger to media attention. Bryne became known as the Bitcoin messiah by Wired magazine when his company become one of the first major retailers in the United States to accept Bitcoin. The company again made headlines in September announcing international customers could buy with Bitcoin. Yesterday, the company took the...

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UPDATED: Fake Chinese Bitcoins Crash Entire Crypto Market
Oct05

UPDATED: Fake Chinese Bitcoins Crash Entire Crypto Market

Fake Chinese Bitcoins & Litecoins Commonplace At Chinese Exchanges Evidence Shows The accusations came fast and furious Sunday when a Reddit thread appeared in r/BitcoinMarkets describing the heavy manipulation of Bitcoin and Litecoin in China. The story is that OKCoin, Huobi, and BTC China are introducing fake fiat currency, fake Chinese Bitcoins, and fake Chinese Litecoins on their exchanges. Since it is unlikely all users will...

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Ready To Admit Bitcoin Is A Failure?
Sep29

Ready To Admit Bitcoin Is A Failure?

Are You Ready To Admit Bitcoin Is A Failure? The past month has been a brutal month for Bitcoin investors as the price of Bitcoin has decreased 25% in the last 30 days.  Despite news that Paypal would be accepting Bitcoin, the selling pressure from Bitcoin exchanges has remained vicious.  Many Bitcoin bulls may be left wondering if Bitcoin is a Failure?  The graphic below shows the month’s price action, and the up-spike on...

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