InstaForex has introduced a new trading instrument for its customers – bitcoins.Bitcoins are a unique electronic currency.In fact, these are e-gold coins that can be immediately transferred online, and all the transactions are public and traceable.Therefore, the transparent Bitcoin system enables its users to make transfers without applying to a bank or an exchange.No tedious registration and scanning documents any more – a Bitcoin account takes just one click to open.Moreover, the Bitcoin system is based on an open-source cryptographic protocol, and cracking the encryption is next to impossible.Bitcoins are decentralized digital money, so there is no sole owner.The system is run on servers scattered around the globe and belonging to various people.It makes Bitсoin immune to any adverse factors as well as inflation.Besides, bitcoins are increasingly popular worldwide; therefore the trader appetite for this instrument is intensifying.So, let’s see what advantages Bitcoin offers to InstaForex clients.

First, you can use Bitcoin to both deposit funds into your trading accounts and withdraw the money.Second, InstaForex clients now have a new instrument to trade - BTCUSD (#Bitcoin).ethereum as a store of valueThe trades are conducted in a CFD mode without physical delivery, so profit is derived from the fluctuations of the most progressive currency to date.bitcoin india graphBe on the crest of the innovation wave with InstaForex!bitcoin mining malaysiaDownload Metatrader trading platform Bitcoinbitcoin wallet tabletCredit: Kim Dotcom / Twitter Nearly a month ago, former Megaupload founder Kim Dotcom announced that he was working on a brand new version of the cloud storage and hosting service with enhanced security and privacy features.bitcoin hits 1200

Today, he took to Twitter to reveal more about his vision for the next coming of Megaupload.For starters, it now has a launch date of January 20, 2017.ethereal wellness nycIt will also offer a white-label option, which means that you can use the hosting service with your own domain name for free.bitcoin litecoin ethereum walletPlus, it’ll also fetch remotely hosted files (that aren’t stored on your server) that you link to, and upload them to your account.Dotcom added that it will offer increased anonymity and will be “a nightmare for those who want to mass surveil & censor.” #Megaupload 2.0 takes decentralization, anonymity & encryption to the next level.btc stands for bitcoinA nightmare for those who want to mass surveil & censor.fort dodge coin show

— Kim Dotcom (@KimDotcom) August 5, 2016 In addition, he said that Megaupload file transfers will be linked to Bitcoin microtransactions, which seems to indicate that users who upload files that are frequently download will earn some cryptocurrency for their efforts.Dotcom also mentioned something called Bitcache, which might be a Bitcoin wallet tied to your Megaupload account.It isn’t clear how this will work, but Dotcom said that the ‘cache’ in Bitcache refers to a solution to Bitcoin’s existing blockchain limitations.That’s a lot to look forward to, and it’ll certainly be interesting to see if Dotcom can make it all happen next year.He predicts that his new ventures will cause the value of Bitcoin to surge to $2,000 in 2017, up from the current exchange rate of about $579.Should you bet on Bitcoin as strongly as Dotcom is?It’s hard to say at this point.We’ll have to wait and see if Megaupload and its associated cryptocurrency products are all they’re cracked up to be, and there’s also the ever-present danger of theft.

Earlier this week, Bitcoin exchange Bitfinex reported $65 million was stolen from its users after it was breached.Bet if you must, but maybe don’t put all your eggs in one basket.Read next: Amazon now has its own Prime Air cargo planes for quicker deliveryLongstanding, reliable, Bitcoin and altcoin Contract Mining Faked from the bottom to the top.Don't fall for this fraud.6/24/17 The airbit series of frauds continues.We hop to see the final episode very soon.6/24/17 Whoever put this really basic ponzi together, was very short of ideas.The word halfwit springs to mind.6/24/17 Ryanuniversity.net (and on You Tube)Sending you to scam after scam to make from your misfortune.6/23/17 Startlivingnow.ukStart losing if you follow anything this dodgy referrer sends you to, including 'Ryan University' another referrer to frauds.6/23/17 If these crooks don't get arrested for fraud, they might get arrested for speeding!6/23/17 Vastbit.topThis is what is known as a 'Forced Matrix'.

You can't withdraw without referring a couple more victims to this ponzi scam, and then can you?6/23/17 ** Follow THIS LINK to Buy $100 of bitcoin and get $10 of bitcoin FREE ** We got traders in the backroom innit', and dey iz hot bruv'.Is what this scam would have you believe.6/23/17 Cryptorush.bizOooohhh, what a rush, now where's my bitcoin fucked off to?6/23/17 A rather meaningless title from this unimaginative ponzi scam.We hear from the people already stitched by these.6/22/17 You may be a "King for an hour" poor will last forever though.This site is just there to steal from you.6/22/17 .ukFfs - this has to be the cheesiest fake mining fraud to date.With sites this transparent, you don't need a warning - or do you?6/22/17 E-bitcoin.gaA new design on the bitcoin generator scam, but just straight theft.You are deluded if you think you've just 'generated' bitcoin in seconds.6/22/17 A cheaphosted scam bitcoin doubler.6/22/17 Btcbiz.tradeCards - ficticious cards, that earn money.

This fraud site is proof that you can think this stuff up!6/22/17 * - Use code D67TWGP4 for 4% Discount on mining plans* Cryptodaily.ioAaarghhh... this scam nearly slipped past, we all thought we'd already listed it.Too many frauds with similar names.6/22/17 To these fraudsters we say 'On yer bike scammers'.6/21/17 You can avoid this site by cycle, avoid it by roller skates - we don't care how you avoid it, just avoid it if you can.6/21/17 However, you won't c any cloudming here, this is simple fraud.6/21/17 This hyip/scam gives you a shedload of unrefundable payment processors to lose funds through.6/21/17 .brIf you were looking for a ponzi to send bitcoin to, this is one.You will lose it, but surely that's part of the fun!6/21/17 and Lioncoin.netTwo halves of the same scam.Be aware, that nearly all of of these prelaunches, just keep prelaunching, ad nauseum.6/21/17 Coinin.netCoinin, but it doesn't come back out again.Faked payouts and all the usual spiel.

6/21/17 The Enrepeneurs will head anywhere except towards this half arsed ponzi scam.6/20/17 Should be NoNocoins.Just send it and lose it.If a person could double bitcoin (which they can't) they would keep it to themselves.6/20/17 Advertise HERE with Anonymous Ads*Outside advertiser - check our badlist* The PowerPuff girlies must have gone into the fraud game.This is a ponzi/scam.6/20/17 The bitatt fraud refuses to go away!There is no flaw, you are simply sending your bitcoin on a one way trip.6/20/17 Bnktothefuture.worldNot the real Bank to the Future.Don't be fooled please.6/19/17 Btchain.ioPonzi/scams like this are everywhere.If they were ponzi's they would be bad enough, but they just steal everything.6/19/17 A fraud that is setting out to steal a basket of cryptocoins.You will lose your money - we guarantee it, so just don't send it.6/19/17 Goodpay.bizThe previous title Weneverpay.biz didn't work out, so it is relaunched as this scam.6/19/17 Not strictly bitcoin, but it is so blatant a ponzi fraud, that when we were made aware of it, we just had to add it.

6/18/17 Outdated kit isn't your problem with this site, the site is the problem.You can only mine big amounts of bitcoin, with big expensive mining rigs, not imaginary ones.6/18/17 Trady.ioWhat a childish title!If you send bitcoin to this, you only have yourself to blame.That doesn't sound safe, beside which, it is a basic fraud.6/18/17 Ahhhh...bitpetite, the kind of scam you never wanna meet!(For earworm, think Jackie Wilson) 6/18/17 Sounds like something you should take for Indigestion, but no, it's just another fkn hyip/scam.6/17/17 These are just the most recent badsites.Click below for these and more Cryptocurrency badsites In alphabetical order.4037 Badsites as at June 2nd 2017 The Badbitcoin Project Many people who visit this site for the first time, do so because they have already lost bitcoin to one of the many prevalent scammers who are just out there to take it from you.If you have lost bitcoin to a thief, then you will understand what this project is trying to achieve.

We want everybody's bitcoin experience to be a good one, and we want to see bitcoin help to pave the way toward a society that can be fairer.Once you get your first Bitcoin, Ethereum, Zcash or any other Cryptocurrency, there is no going back, and indeed, no need to.Start learning about Cryptocurrency safely - visit our Safety Tips page.Where is the stolen bitcoin going to?We know many places it is ending up, and for many reasons.There are a lot of poor countries, developing countries and other lawless places where if they can steal $10, it is a good days work.these make up the bulk of the really basic frauds that we come across.These people end up stealing very little, as they don't have the resources to put together and promote a sophisticated fraud.Then there are the 'Organised Criminals'.Many from Hungary's Roma community, who sent their kids to code school!Other sources of these types of large scale fraud producers include many former Soviet Bloc states.Bulgaria, Romania etc. Often the Police simply don't have the resources to pursue these online gangs, and the gangs themselves are expert at obfuscating their identities.

These organised criminals will also usually offer other unrefundable Payment Processors, such as Western Union, OK-Pay, Payeer, Neteller etc. These people can produce very convincing sites, which often even include partial legitimacy - but the returns are impossible to maintain legitimately, and they never intend to.Early investors into these need to understand that their money or bitcoin is spent almost immediately on advertising.What these guys want is that big sucker, and they will spend to fish for them.Professional con-men, just like these, have been around since the Stone age.That's why we have 'Religion' and so many are convinced, with zero evidence, but very well written and convincing claims.Then there are the 'chancers'.People who may not even be criminally minded, and teenagers, who just 'have a go', with a basic doubler or similar, and often find themselves way out of their depth, way out of pocket, and regretting the entire experience.Very few people now fall for these, and that is down in no small part to our own efforts in educating you all on these.

Invariably, these wannabe scammers spend more on advertising, than they ever rake in.They are also usually exceptionally easy to trace, and many have voluntarily removed their sites and refunded bitcoin when we've politely asked them.Keep your bitcoin safe!Use it, spend it, gift it.To report Internet Fraud to IC3  - Click Here To report Internet Fraud to the FBI anonymously - Click Here To report Internet Fraud to the UK Police - Click Here Tweets by @Badbitcoinorg What is a Ponzi or HYIP?A Ponzi is any scheme which pays interest to "Investors" from Bitcoin coming in from new Investors.A HYIP (high yield investment program) is just a Ponzi.All Ponzi/Hyips will fail.The later Investors will lose everything when the scheme folds and leaves with the Bitcoin.Most HYIPS and doublers etc, just steal it immediately.You send it and they keep it.Due diligence is your own responsibility.There are plenty of good sites out there where your Bitcoin and your work are safe.

You just need to do your homework, including checking here.If it isn't in our Badlist, email us, and we'll check it and get back to you.You deposit a small amount, you want to be cautious, you can’t quite figure out how they do this – but they sometimes double it (or pay promised interest) and pay you.You think – Ah that’s great, so you either redeposit the entire amount, or just your profit.You get that back and think wow, it works, so then you deposit a much larger amount and in the worst case, even get your friends and family involved in this wonderful money making scheme.Then one day, after not long it just doesn’t get returned – there is some issue with your account, or your withdrawal is stuck or something similar, so you keep emailing the site and gradually it dawns on you that you’ve been scammed.Commonly the scammer will even show you the transaction, but it just isn't real.Even if you just put your initial profits back in, the conman hasn’t lost anything – and the depositors who think they are ‘playing’ the ponzi, by getting in early, do try that, and most of them don’t get it back either.

People who run Ponzi's are thieves.Some people empty their life savings into these scams, and they are the ones the scammers are really after.Once they get that big depositor, they move on and create a new ponzi, just leaving the old one alive for a while to mop up any new ‘mugs’ Some even return after a 3 or 6 month absence to catch a fresh load of hits, they will never run out of victims.It’s what they do, and they are expert at it.Here's a very common scam.'Whatever can go wrong - Will go wrong'   - Murphy Our Team is made up of volunteers worldwide, and we welcome new contributors.You will no doubt come across negative comments about this project, but understand that this is the scammers only route to fight back, and a great many of these scammers are the same people who are Senior, and Gold members of forums.Forums relating to bitcoin are the best source of conflicting information ever, which is why we keep it plain and simple, we tell you it's a badsite (albeit sarcastically - we have to stay sane) and that's really all you need to know to stay safe.

When we started this project, we didn't expect that it would still be needed years later, but the interest in bitcoin is driving every web fraudster to try their hand after bitcoin.The bitcoin Industry on the whole is clean, these fraudsters generally do not come from the inside, but often from the world of fiat, and a great many from developing countries and Eastern Europe.It can be really easy to misunderstand the bitcoin environment when it's all new to you, and it will take you some time to grasp some of the rules, concepts, and limitations.This leaves you vulnerable to the swathes of scams and ponzis that try to lure you into their promises of easy money, and doubling or even 100 times multiplying your new 'Magic Internet Money' It doesn't work like that.It isn't magic, it's just very efficient, very secure, and much sought after by thieves the world over.If you have bitcoin, you need to learn to look after it, or these crooks will soon take it from you.Don't make it easy for them.

Contribute by reporting suspect sites to us when you find them, and we'll do the rest.We currently have project investments in Bitcoin Mining at ViaBTC, and we also mine ourselves.We would not invest in anything we considered to be a Ponzi or Scam.As a project, we are not directly funded by any organisation and depend on ad revenue, our own, and other donations, and our external investments.We also provide links including referral links to trusted 3rd party sites, not including External Advertisers beyond our control.Updated April 2017 PS - As a friendly tip, we probably aren't the people to generally ask about good bitcoin investments.We are pretty good at what we do, but so far, like yourselves no doubt, we aren't really that succesful when it comes to our own investments.** Follow THIS LINK to Buy $100 of bitcoin and get $10 of bitcoin FREE ** Irony disclaimer, and Caution The high costs of running this site are helped by adverts.

We also have to advertise in the same places as the scamsites.We have little control over this externally served content, and consequently we do not directly endorse any 3rd Party advert.Some adverts will even appear in our Badlist.But at least the Bitcoin they spend on ads is coming back into the Bitcoin Industry.The evolution of society beyond the demise of the failed capitalist neo-liberal (Neo-con) experiment, first needs the evolution of it's means of trade and exchange.The current financial system, and system of fiat currency, is not fit for present or future purpose, and for all intents and purposes is already obsolete.Bitcoin is our first financial step towards a fairer, more beneficial society for all.An experiment that separates Money from The State.Bitcoin is incorruptible, decentralised, concensus led, and above the influence of conventional politics and economics.A parallel currency with which you can begin to trade, and no middleman to take their slice or to gamble with your asset.