Bitcoin Forum

Value of bitcoin is gonna fall. The sky is falling. Just when I found something to do...now they take it away. Land of the free my ass.....

http://www.tribbleagency.com/?p=8070

Hmm no source on that site.

Well, gentlemen, they will shun the sheep from us. The shephards will retain their herds but, we, the rogue wolves shall prevail. We will retain our Bitcoins and we will trade them among ourselves. The shepherds will do all they can do to destroy us but our numbers are great and our spirit -- immortal.

Who ever told you that has no clue how this all works.

Nice thing about that Constitution...it's flexible. Goes both ways :-)

Pics or it didn't happen.

I think you have your subjects backwards. :-)

If the constitution has implied powers that are not actually written there, then the government has no limits.

- Judge Napolitano

Wow, you've dropped quite a bombshell with your first post.

 ::)

That website has been posted here a few times, and the articles never seem to have any sources...

from the posting site's (Tribble Agency) FAQ:

( http://www.tribbleagency.com/?page_id=5 )


pffft.

I READ IT ON THE INTERNETZ, IT MUST BE TRUE!

Make it a REAL article with at least two sources - one of them a facebook post full of spelling errors, and the second a Wiki article you created.

PS, It's Shepherd, like one who HERDs sheep.  I don't want to know why you'd want sheep HARD.

What's her job then :-) That's right...playing bridge for life.

No source, no reality.  Article 1 sec 8 states what the US Gov *CAN* do, and specifically it says that it CAN MINT COIN, that it can regulate the value of that coin.  It does not give the US Gov *ANY* legal standing to make ANY other form of currency, trade, barter, etc, illegal.  Period.  Read the constitution.  That which is not EXPRESSLY allowed is forbidden -> http://en.wikipedia.org/wiki/Everything_which_is_not_forbidden_is_allowed it applies specifically to the gov, if they're not EXPLICITY, DIRECTLY allowed something, then it's forbidden.  Basically, the most they can try to do is say "bitcoin is worthless here in the US in terms of the dollar"  -- they can say that until they're blue in the face, but if private entities accept/trade it, well, nothing they can actually do.  Just like now.

If he wants to make his sheep HARD so he can make love to them, that is his business.

PS, I'm pretty sure the owners of the Star Trek franchise would take exception to you using the name "Tribble" - I'm pretty sure copyright infringment is still illegal.

to me all this FUD that has been blasting the Forum the last few days is extremely BULLISH.  these are Wall St types who are trying to scare the holders of btc into selling.  otherwise, why would they be wasting their time with the FUD?

this ad agency is other tool to scare ppl.   no reference link and get this typo "They are stating that the currency is constitutional".  LOL!  Bush league.

http://www.youtube.com/watch?v=82vS_D_ipyE

5:16

+1

True, but law here is really, actually, what your Grandma believes it is. Sigh.

Dude that's EXACTLY what I thought when I read the title...
I'm with you on this one, used my last bitcoins for MRE's and Bug-Out Bag
It's gonna happen man, and it's gonna be SOON! YOUTUBEZ SAID SO!

The economy will fail anyway this fall.
I mean we can't know for sure but the last finance crisis seemed just like foreplay...

I don't have a lot of knowledge in economics, so I'll let someone more educated discuss this...

Does the Constitution allow Congress to create the IRS and enforce income taxation? http://en.wikipedia.org/wiki/Internal_Revenue_Service#American_Civil_War_.281861.E2.80.9365.29 (http://en.wikipedia.org/wiki/Internal_Revenue_Service#American_Civil_War_.281861.E2.80.9365.29)

Hmm, it doesn't look like the Constitution stopped them!

read in next BitCoin Daily "BitCoin network issued and ratified anti-Senate law".

note the modus operandi of the FUD's.  they throw up a panic post then don't bother to keep the thread going to support their wild ass claim.

Even if this is true, it doesn't matter.  Plus it'd probably making BTC worth more.

Your first post. This poster is yet another of the swarm of people trying to cause panic.

There is no source that anyone is drafting legislation about bitcoins. All that happened was Schummer and another senator sent a letter about Silk Road, which mentioned bitcoin as the digital currency being used on silk road. Then every blogger and news site for some reason picks on bitcoins instead of the silk road aspect.

the sky has been falling since day one, unborn now!

The sky is not falling, but consider this:

"Schumer's top nine campaign contributors are all financial institutions who have contributed over $2.5 million to the senator."
"The Securities and Investment industry is the largest donor to Schumer’s senatorial campaigns."

Source: Wikipedia. Is Schumer really concerned about some drugs being sold? Uhhh, no. Is Schumer concerned about the rise of a new system of exchanging value that cuts out his largest donors? More likely. In the letter, the Senators do go out of their way to demonize bitcoin when they didn't have to. This is not a surprise because Senator Schumer is from New York, the center of the financial business in the US.

Legislation is very slow, however. By the time anything happens on the hill, Bitcoin will hopefully be well past stoppable. And, there are interests that would try to block any such legislation. The increased attention received by bicoin may actually help the project.

Regards.

They've done such a bang-up job killing file sharing after all...

Schumer doesn't give a flying fuck about anything but Chuck Schumer.  It's just a bandwagon for him to jump on that one of his interns read about, probably while looking for boner pills online.

This just seems to be an ad for the Donation hungry inflation.me site