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Bitcoin => Bitcoin Discussion => Topic started by: ChicagoBob on May 22, 2013, 11:12:37 AM



Title: US Begins Regulating BitCoin
Post by: ChicagoBob on May 22, 2013, 11:12:37 AM
Source:

http://www.zerohedge.com/news/2013-03-21/us-begins-regulating-bitcoin-will-consider-virtual-transactions-money-laundering (http://www.zerohedge.com/news/2013-03-21/us-begins-regulating-bitcoin-will-consider-virtual-transactions-money-laundering)



MOD EDIT:
Changed link so the URL is the same as what the link shows.


Title: Re: US Begins Regulating BitCoin
Post by: Kazimir on May 22, 2013, 11:23:23 AM
Dude, this is 2 months old, i.e. ancient in terms of Bitcoin history :)


Title: Re: US Begins Regulating BitCoin
Post by: BTC Books on May 22, 2013, 11:28:07 AM
Keep yourself up-to-date with the Press Section, here:

https://bitcointalk.org/index.php?board=77.0


Title: Re: US Begins Regulating BitCoin
Post by: ralree on May 22, 2013, 12:21:46 PM
Oh no!  I wonder if they'll shut down Mt. Gox's Dwolla account in the next couple months!  I guess we'll find out!  :D


Title: Re: US Begins Regulating BitCoin
Post by: dave111223 on May 22, 2013, 12:29:06 PM
OMG Jesus is dead:

http://www.romantimes.com/03-04-0033/jesus-is-dead/


Title: Re: US Begins Regulating BitCoin
Post by: cypherdoc on May 22, 2013, 01:39:34 PM
Lol!  ::)


Title: Re: US Begins Regulating BitCoin
Post by: benjamindees on May 22, 2013, 01:53:36 PM
These guidelines have nothing to do with Bitcoin.  Bitcoin is not mentioned once.  Bitcoin is neither "convertible" nor "virtual", nor does it "substitute for" "real" currencies.  This publication is a hoax, designed to make you think that Bitcoin is subject to regulation.  It is not.


Title: Re: US Begins Regulating BitCoin
Post by: franky1 on May 22, 2013, 02:55:06 PM

the story is about banks restricting movement of FIAT. has nothing to do with restricting movement of bitcoin.

yet again bitcoin remains unaffected while governments try tightening the reigns on peoples abilities and choices involving how to spend fiat.


Title: Re: US Begins Regulating BitCoin
Post by: BurtW on May 22, 2013, 02:57:27 PM
This story?  Again?

OP, please change the title of your posting to something else more accurate.


Title: Re: US Begins Regulating BitCoin
Post by: Viceroy on May 22, 2013, 03:02:35 PM
These guidelines have nothing to do with Bitcoin.  Bitcoin is not mentioned once.  Bitcoin is neither "convertible" nor "virtual", nor does it "substitute for" "real" currencies. 

Actually you are quite mistaken about this.  Bitcoin is CLEARLY a "value transfer system" which is HEAVILY regulated around the world.

My prediction:

1) mt gox gets shut down
2) btc_e gets shut down
3) bitstamp gets shut down
4) fastcash4bitcoins.com gets shut down
5) coingator.com gets shut down

Unless these exchanges (and all others) immediately cease and desist dealing with Americans I predict they get shut down in the next six months.  

People may end up in prison over this issue.  Even filing now as an MSB is too late.  These sites have ALL broken criminal laws within the USA.

Learn more here:  https://bitcointalk.org/index.php?topic=200443.0

And "mark my words".





Title: Re: US Begins Regulating BitCoin
Post by: DublinBrian on May 22, 2013, 04:08:00 PM
Quote from: ChicagoBob
Source:
http://www.zerohedge.com/news/2013-03-21/us-begins-regulating-bitcoin-will-consider-virtual-transactions-money-laundering

Youve altered the link so that it looks like its going to the well known financial site Zerohedge.com, but your link actually goes to Zerohedges.com

You should get a scammer tag for that, IMO.


Title: Re: US Begins Regulating BitCoin
Post by: stevegee58 on May 22, 2013, 04:19:01 PM
I second the scammer tag.  The altered link for "zerohedges" is a malware site.


Title: Re: US Begins Regulating BitCoin
Post by: CanadianGuy on May 22, 2013, 04:25:34 PM
Quote from: ChicagoBob
Source:
http://www.zerohedge.com/news/2013-03-21/us-begins-regulating-bitcoin-will-consider-virtual-transactions-money-laundering

Youve altered the link so that it looks like its going to the well known financial site Zerohedge.com, but your link actually goes to Zerohedges.com

You should get a scammer tag for that, IMO.

Yep.   I also think any site that doesn't AT LEAST reserve the non-plural name of their domain (or vice versa) is just asking for it..


Title: Re: US Begins Regulating BitCoin
Post by: Viceroy on May 22, 2013, 04:36:53 PM
I do not think the op is a scammer... I think it was a typo.  stop the fud please.


Title: Re: US Begins Regulating BitCoin
Post by: tysat on May 22, 2013, 04:40:57 PM
I do not think the op is a scammer... I think it was a typo.  stop the fud please.

Very unlikely, to make a link different you have to put effort in.  Odds are OP was trying to scam.

Here's how to create a legit link:
Code:
http://www.zerohedge.com/news/2013-03-21/us-begins-regulating-bitcoin-will-consider-virtual-transactions-money-laundering

Here's what OP did:
Code:
[url=http://www.zerohedges.com/news/2013-03-21/us-begins-regulating-bitcoin-will-consider-virtual-transactions-money-laundering]http://www.zerohedge.com/news/2013-03-21/us-begins-regulating-bitcoin-will-consider-virtual-transactions-money-laundering[/url]

Notice how inside the tags there's the scam link.


Title: Re: US Begins Regulating BitCoin
Post by: DublinBrian on May 22, 2013, 04:45:12 PM
I do not think the op is a scammer... I think it was a typo.  stop the fud please.
He copied and pasted the URL into the thread, then removed a letter "s" making the text into the address of a respected financial website. How can that be a typo? Get real.


Title: Re: US Begins Regulating BitCoin
Post by: Jace on May 22, 2013, 04:58:45 PM
Bitcoin is CLEARLY a "value transfer system" which is HEAVILY regulated around the world.
Bitcoin is not (and will not be) regulated whatsoever, by definition.

Quote
My prediction:

1) mt gox gets shut down
2) btc_e gets shut down
3) bitstamp gets shut down
4) fastcash4bitcoins.com gets shut down
5) coingator.com gets shut down
You forgot:

0) A fully decentralized anonymous secure global peer2peer exchange system (https://bitcointalk.org/index.php?topic=212490.140) will be realized soon, at which point the current exchanges become pretty much obsolete.

Quote
Unless these exchanges (and all others) immediately cease and desist dealing with Americans I predict they get shut down in the next six months.
Fortunately this does no longer hold with a decentralized P2P exchange infrastructure. There simply is nobody in particular to shut down, just like with Bitcoin itself :)

People still seem to think that America somehow rules the world, or their law applies everywhere. No sir, information rules the world, and the US (together with other goverments) are rapidly losing their grip. As much as they'd want to, there is no putting the genie back in the bottle :)


Title: Re: US Begins Regulating BitCoin
Post by: superduh on May 22, 2013, 05:11:57 PM
These guidelines have nothing to do with Bitcoin.  Bitcoin is not mentioned once.  Bitcoin is neither "convertible" nor "virtual", nor does it "substitute for" "real" currencies. 

Actually you are quite mistaken about this.  Bitcoin is CLEARLY a "value transfer system" which is HEAVILY regulated around the world.

My prediction:

1) mt gox gets shut down
2) btc_e gets shut down
3) bitstamp gets shut down
4) fastcash4bitcoins.com gets shut down
5) coingator.com gets shut down

Unless these exchanges (and all others) immediately cease and desist dealing with Americans I predict they get shut down in the next six months.  

People may end up in prison over this issue.  Even filing now as an MSB is too late.  These sites have ALL broken criminal laws within the USA.

Learn more here:  https://bitcointalk.org/index.php?topic=200443.0

And "mark my words".

there is a world outside of the USA. and that world has their own laws and rules. americans can travel to those countries and do legal things there (as long as they don't break the rules of their own country) so no offence, what you are saying is just bullshit


Title: Re: US Begins Regulating BitCoin
Post by: cypherdoc on May 22, 2013, 05:14:29 PM
this thread should be moved as the title is totally inappropriate and just flat out wrong.


Title: Re: US Begins Regulating BitCoin
Post by: Viceroy on May 22, 2013, 05:17:14 PM
there is a world outside of the USA. and that world has their own laws and rules. americans can travel to those countries and do legal things there (as long as they don't break the rules of their own country) so no offence, what you are saying is just bullshit

ACTUALLY the American banking laws are pretty similar to the Japanese banking laws and the European banking laws with regard to value transfer systems and money laundering so....



Title: Re: US Begins Regulating BitCoin
Post by: Rampion on May 22, 2013, 07:29:42 PM
What kind of malware there was on op's original link? I clicked on it unfortunately.


Title: Re: US Begins Regulating BitCoin
Post by: Sitarow on May 22, 2013, 07:34:32 PM
Source:

http://www.zerohedge.com/news/2013-03-21/us-begins-regulating-bitcoin-will-consider-virtual-transactions-money-laundering (http://www.zerohedge.com/news/2013-03-21/us-begins-regulating-bitcoin-will-consider-virtual-transactions-money-laundering)



MOD EDIT:
Changed link so the URL is the same as what the link shows.

http://www.zerohedge.com/news/2013-03-21/us-begins-regulating-bitcoin-will-consider-virtual-transactions-money-laundering (http://www.zerohedge.com/news/2013-03-21/us-begins-regulating-bitcoin-will-consider-virtual-transactions-money-laundering)

EDIT Update.

Perhaps it may of been a "TYPO" but it is not a normal typo.....

http://www.zerohedge.com/news/2013-03-21/us-begins-regulating-bitcoin-will-consider-virtual-transactions-money-laundering
http://www.zerohedges.com/news/2013-03-21/us-begins-regulating-bitcoin-will-consider-virtual-transactions-money-laundering

http://www.whoismind.com/whois-error/zerohedges.com.html this is an uncommon error.
http://www.whoismind.com/whois/zerohedge.com.html normal info.

http://www.whoismind.com/ip/199.188.204.177.html

nslookup zerohedges.com gives you 199.188.204.177 ip.


Title: Re: US Begins Regulating BitCoin
Post by: Viceroy on May 22, 2013, 07:36:30 PM
What kind of malware there was on op's original link? I clicked on it unfortunately.

Agreed, is there some indication of malware at the alleged site location?

I second the scammer tag.  The altered link for "zerohedges" is a malware site.

Is it?


Title: Re: US Begins Regulating BitCoin
Post by: Rampion on May 22, 2013, 07:40:39 PM
What kind of malware there was on op's original link? I clicked on it unfortunately.

Agreed, is there some indication of malware at the alleged site location?

I second the scammer tag.  The altered link for "zerohedges" is a malware site.

Is it?


Please give more details, as stated earlier I dumbly clicked on OP's original link, before it was edited by the mods.


Title: Re: US Begins Regulating BitCoin
Post by: FinShaggy on May 22, 2013, 07:42:04 PM
Oh no!  I wonder if they'll shut down Mt. Gox's Dwolla account in the next couple months!  I guess we'll find out!  :D

And hopefully they don't start taxing the sovereign citizens of these united states. And have you heard about industrialization, it could end slavery.


Title: Re: US Begins Regulating BitCoin
Post by: Viceroy on May 22, 2013, 07:42:10 PM
Until further notice the implication that the OP led anyone to any malware site is FUD.



Title: Re: US Begins Regulating BitCoin
Post by: QuantPlus on May 24, 2013, 03:07:56 AM
These guidelines have nothing to do with Bitcoin.  Bitcoin is not mentioned once.  Bitcoin is neither "convertible" nor "virtual", nor does it "substitute for" "real" currencies. 

Actually you are quite mistaken about this.  Bitcoin is CLEARLY a "value transfer system" which is HEAVILY regulated around the world.

My prediction:

1) mt gox gets shut down
2) btc_e gets shut down
3) bitstamp gets shut down
4) fastcash4bitcoins.com gets shut down
5) coingator.com gets shut down

Unless these exchanges (and all others) immediately cease and desist dealing with Americans I predict they get shut down in the next six months.  

People may end up in prison over this issue.  Even filing now as an MSB is too late.  These sites have ALL broken criminal laws within the USA.

Learn more here:  https://bitcointalk.org/index.php?topic=200443.0

And "mark my words".

there is a world outside of the USA. and that world has their own laws and rules. americans can travel to those countries and do legal things there (as long as they don't break the rules of their own country) so no offence, what you are saying is just bullshit

Yes, there are places you can have 5 wives...
And execute them for adultery, no offense...
But if you transfer digital currency to Americans or let them gambool...
The US Authorities will hunt you down like dogs (see Full Tilt Poker).

Basically, compared to Ripple...
The Distributed Exchanges batted round here are a joke.

Viceroy is just being realistic...
And I'm adding that Top 10 BTC Exchanges will be Ripple Gateways in 6 months...
Or it's gonna be the Dark Ages for Bitcoin.


Title: Re: US Begins Regulating BitCoin
Post by: usagi on May 27, 2013, 05:39:34 PM
[...]

So I see someone here has culture. Good for you man, you rock.

http://www.youtube.com/watch?v=L4wOpHMN6qY