Bitcoin Forum

For the people that are not aware yet,

Russia banned bitcoins :: http://rt.com/business/bitcoin-russia-use-ban-942/

China banned bitcoins :: http://www.bloomberg.com/news/2013-12-05/china-s-pboc-bans-financial-companies-from-bitcoin-transactions.html

Apple removes all BTC apps :: http://www.telegraph.co.uk/technology/apple/10621175/Apple-bans-final-bitcoin-wallet-from-App-Store.html

Indonesia Bans bitcoins :: http://www.thejakartaglobe.com/business/bitcoins-neither-currency-nor-legal-paymen-tools-in-indonesia-central-bank/

India shuts down all BTC exchanges :: http://www.thehindu.com/business/Industry/bitcoin-exchanges-shut-shop-in-india/article5504407.ece

Thailand bans bitcoins :: http://www.cnbc.com/id/100923551

USA in final stages of banning bitcoins :: http://www.zerohedge.com/news/2013-05-15/us-government-begins-bitcoin-crackdown

France issued warning against bitcoins :: http://www.reuters.com/article/2013/12/05/us-france-bitcoin-idUSBRE9B40IF20131205

Korea rejected bitcoin legalising bill :: http://thenextweb.com/asia/2013/12/10/korea-becomes-the-latest-asian-country-to-reject-bitcoin-as-a-legitimate-currency/

Alibaba withdraws BTC support :: http://www.bloomberg.com/news/2014-01-08/bitcoin-banned-by-alibaba-s-taobao-after-china-tightens-rules.html

Mtgox scams $38 million from users :: http://falkvinge.net/2014/02/04/major-bitcoin-exchange-not-executing-withdrawals-now-owes-clients-38m-in-disappeared-money/

Mtgox OFFICIALLY stops all withdrawals :: https://www.mtgox.com/press_release_20140207.html

And the mining difficulty is going up every hour... making it almost IMPOSSIBLE TO MAKE PROFIT by mining.

Is this where it all ends? Is this where all hope dies? Does the bitcoin "bubble" burst now?

Russia didn't ban it only warned against it.

The damn IRS accepts bitcoin so that link from months ago about the US was complete crap.

Huobi has a huge market and the Chinese are still driving the price.

Apple likes control so who is really shocked there.

Gox has been in the shitter for a while, so this is nothing new either.

India is far to overpopulated and unregulated for anything to hold as gospel in that country.


So just another typical day in the crypto world SNAFU

Nope they banned it. Can't use or accept bitcoins in Russia.

All the links have been provided for further information mate. This is NOT LOOKING GOOD.

Don't try to spark new hope in peoples' minds. When it is BAD, say it is BAD.

Just another troll trying to create panic.
Just hold ...

Lol a few of those links are a little old. No need to do a chicken little.  Probably just the usual panic merchant drop after some negative press before another push back up to $1000 again. Man I'm glad I don't trade on Gox anymore, so dodgy the way they hold up withdrawals and deposits to suit themselves without any regard for the customer.

Go DGC! ;)

Difficulty re-targets every 2016 blocks, not "every hour".

In fact additional hash power added onto the network at a certain difficulty actually increases your revenue per unit time, up until the next retarget, if you're pool mining, because the average number of blocks awarded per unit time increases.

much fud :)

in india the bit coin exchanges have opened again..i can verify...the link you have is true but its old...

We probably need to just start from scratch. Go back to some double digits and go from there.
Things indeed do not look good for Bitcoin altogether at all.
To tell you the truth, seeing all this happening and getting some "soberness" of the reality, all those Reddit posts about this and that starting accepting Bitcoins, are beginning to be kind of annoying. As if these people are just restlessly trying to pump rapidly deflating, previously overblown balloon.

For the first time i see BTC-E has a higher exchange rate than mt gox now lol

FUD and yes dump sell all your coins now at cut fair price to me the market.

And on the flip side.


Major retailers have started accepting bitcoin as a form of payment
Overstock Accept Bitcoin
Tigerdirect acceot bitcoin
Scan accept Bitcoin

Major app developer Zynga accept Bitcoin as payment
Malware Bytes one of worlds biggest anti Malware accept Bitcoin

University of Cumbria, major UK university now accepts Bitcoin as payment for course fees

Coinpunk already have workaround for Apple ban

Indonesia reverses its ban
http://www.coindesk.com/indonesia-central-bank-takes-new-more-neutral-stance-bitcoin/

You can buy bitcoin for cash at 28,000 yes 28,000 shops in UK
http://www.coindesk.com/can-now-pay-cash-bitcoin-28000-uk-stores/

500 Bitcoin ATM in rollout worldwide

Real time Bitcoin price tags now in stores
http://www.coindesk.com/bittag-real-time-bitcoin-pricing-retail/

Ebay opening Virtual currency catagory so you can sell and buy bitcoins
http://news.cnet.com/8301-1023_3-57617502-93/ebay-to-allow-bitcoin-sales-in-virtual-currency-category/


200,000 Hotels now accept Bitcoin as payment
http://www.coindesk.com/200000-hotels-accept-bitcoin-cheapair/




To be honest, the positive news and rollout of Bitcoin recently far far outweighs the negative. The speed it is moving into real world uses is insane. It wasn't long ago that someone bought a Tesla for bitcoin andeveryone thought it was amazing. Now it would just be a shrug, no one would be surprised.

Typical troll panic instigator. He spam btc-e trollbox with link to this thread with messages like:

"There will be a huge selloff soon.. sell now while the price is ~$700.. chinese and big investors ARE going to sell their coins.. read this if you dont believe me https://bitcointalk.org/index.php?topic=453230.0"

Considering the USPS is looking into accepting bitcoin, nearly 20 senators accept it for campaign contributions, and the links are to moths old articles, anything posted lost credibility at the start.

This entire system of monetary exchange is new, and volatile, it will work its way out, or a new breed will replace it. By all means, drive the prices down, makes it much easier to buy in.

typical fud, move along.

Good time to spend your coins! See sig, wink wink.

Russia, China and Apple...ahahahahahahaha.

Very bad as China was one driving the price now that all of this happen we are going to see Bitcoin reach it's end and many people will lose out on thousands.

Old links that made gains after the negative press, will make gains after this neg press as well. Stop causing panic or trolling

You know where you can stick this FUD up, OP. Quoting news from May 2013, come on who are you trying to fool? You spent a lot of time gathering up these links and all for nothing  ;D

blah blah blah. Go off and spout it on the troll box.

There is currently billions being invested in bitcoin infrastructure to enable more and more adoption and integration. The only thing holding BTC back is the difficulty o getting hold of and using them. Every day someone new accepts it as payment and a new technology smoothing the process is rolled out.

Build it and they will come.

Just warnings from the elite. The lowering of BTC has 1 big reason and thats MT Gox. When you look at fiatleak.com you see people buying bitcoins all the time. Well, you people choose for a new coin, the bitcoin. So when you want to help, go into your neighbourhood and promote accepting bitcoins in the local stores. Governments cannot stop people to trade coins for products.

Another reason is that the miningmachine companys are mining for themselves, before shipping the machines to the customers. They are making quick money as we speak. And doing like that is like digging their own grave. The more they quick mine and sell, the lower the rate of the bitcoin.  

So do not panick. When you trade in company shares, you know that things like this can happen. One difference, a company can go bankrupt, a coin like bitcoin cannot.

-- "Apple ban Bitcoins" -- maybe you must read carefully. The reason why Apple bans the bitcoin is that they want to make a coin themselves. A sort of Apple coin. That tells us that Apple accept a virtual coin as real money, but it must be an Apple coin. Not a bitcoin.
http://www.coindesk.com/apple-removes-blockchain-bitcoin-wallet-from-app-stores/
(message from Apple)
"The only thing that has changed is that bitcoin has become competitive to Apple’s own payment system. By removing the Blockchain app, the only bitcoin wallet application on the App store, Apple has eliminated competition using their monopolistic position in the market in a heavy handed manner.”

So Apple is forcing the user in one direction. The Apple direction, as we all well know.

ow man... those are packed articles JUST showing the worst facts .... besides big part are not even adequate as "not banned" but "warned" etc which is big differene :/

Other thing - comparing those facts vs other "the good ones" happened it would be around even :/ (well maybe today gox and russia little screw up but its just momentum like always :/)...

I would say that cryptocurrency world now just need now some kind of boost - like backup of some kind of giant compaany/country etc ... so it will spark x2 ...


Just stay hard everyone ... stay hard!

 :D

Buy NXT

So when I read the statement of the USA from 31-1-2014:

“In fact, the United States might be leading the way for a number of nations when it comes to addressing this growing technology. While there is no consistent or clear definition or treatment of digital currencies throughout the world, this report underscores that Bitcoin and other virtual currencies are present and growing in major economies, supporting the call for increased global cooperation.”

http://www.forbes.com/sites/kashmirhill/2014/01/31/bitcoins-legality-around-the-world/

Some people are igornant they ignore the fact that Bitcoin has just got banned by half of the population in the world and they think it's going to be successful? Bitcoin is just going to keep on declining as the half of the good exchanges operate in those countries UK & Austrilla are talking about banning it too with that most of the people who hold coins will not be able to cash out.

you gonna be so pissed you have sold ;D

Yeah, and join NXTpool.net! :D

BTT: HOLD!

This is too much FUD. At the price of 700$ per BTC how is this the end?
It should definitely be discussed, these recent events..
This is not the end!

Stop panicking.
~LM

FUD but well sourced FUD, congrats on a quality troll OP.

Whenever we see negative news reports about Bitcoin and see a fall in the BTC/USD rate as a result, it's important to take the long view:

As we all know, Bitcoin (amongst other things):

* Enables instant and free transfer of funds anywhere in the world
* Offers free accounts to anyone in the world
* Can bypass government attempts to impose currency controls
* Enables merchants to take payments that are irreversible - no more credit card chargeback losses

The brilliance of Bitcoin the invention is that it runs as a decentralized network.

The benefits it offers means that it was always going to be perceived as a very real threat by people at the top of the hierarchical structures that have a vested interest in maintaining the status quo.  It is only to be expected that at least some (maybe not all) banks, governments, big corporations etc are going to oppose Bitcoin, they have too much to lose not to.  

So when I hear news reports about Bitcoin encountering opposition from such entities, whilst that will scare some people into selling, and cause a possible price crash, the opposition is only to be expected, and in the long term it doesn't matter, because they can oppose Bitcoin but they cannot win.

No matter how much opposition Bitcoin encounters, it isn't going to go away.  It cannot be un-invented.  Bitcoin cannot be shutdown.

It is also to be expected that there will sometimes be technical problems at exchanges that affect withdrawals of fiat or BTC, and when people panic then the BTC price is adversely affected.

Human nature being what it is I would also not be surprised to hear of losses through fraud, and the negative publicity around that will also drive the price down.

Again, in the long term, it doesn't matter, because Bitcoin the invention is not going to go away.  

It could be safely predicted 5 years ago that if Bitcoin did indeed take the road to mainstream adoption, it was going to be heavily fought against by those hierarchical authorities that have most to lose.  It's a fight they can't win. But it's to be expected they will try to stop Bitcoin.

Price bubbles may form and then burst, but that doesn't matter in the long term. Bitcoin will continue, because of its genuine utility.  That genuine usefulness to people will bring the price back, and cause it to go higher still each time it comes back. I can't see how it won't go mainstream eventually.  I reckon it will be an exciting ride getting there.

It's a trollthread, move on. 8)

Imagine all the cuntries ban it and the Crypto world still keeps on rising... haters gona hate that soooo much :D

it is a  good news  really  trust me

why not try nextcoin instead.
NXT will surely fly and won't end as other cryptocoins!

See yourself.

omg the happy days of cheap bitcoinz are here again!!! if only difficulty would follow :(

Ironically, if you read the Russian link in the OP (which, by the way, is based on false information introduced to a major Russian regulatory website that got hacked - posting false information - maybe they wanted to drive prices down *cough*) - it CLEARLY states that the US Post Office is considering accepting Bitcoins. So - the US is definitely not banning them.

Just saying - research is a journalist's best friend. ;)

I am ready now  ;)

Niklas Nikolajsen ==> april 2014 ==> 7 ATM ==> SwissLandCheese  ;D

http://www.bilan.ch/argent-finances-les-plus-de-la-redaction/des-automates-bitcoins-dans-toute-la-suisse

Canada has also come out and side that Bitcoin isn't considered to be a legal currency. But who cares as gold and silver aren't legal currencies either. So these bills and the fighting off Bitcoin is something that will come and pass because the banks stand to lose huge amounts of money if it was only gold, silver and bitcoin. :)

Bitcoin good night.

http://www.dodaj.rs/f/32/In/SPAa3Hn/1/sad-bye-emoticon.gif

I'll just add that whenever one uses the term "china bans", "U.S. bans" or more general "{country} {verb}" you are effectively submitting to being ruled over. Who is "China" or the "U.S.", exactly? Grouping everyone in a country under one term is a subtle way of legitimizing the idea: "There is someone, somewhere who decides what I can and cannot do, and it doesn't really matter who they are. I just have to do it".

The truth is that there are individuals who have opinions about bitcoin and banking/finance more generally. Some of those people are in positions of power, some are not. But this power comes from submission. It can't exist without consent.

And, yea, the OP is looking to buy lower ;)

Hello Germany, we all love you for recognizing bitcoin as a currency.

So, what is your alt-coin ?

US is not shutting down Bitcoin.   It's the exact opposite:

http://www.coindesk.com/us-postal-service-bitcoin-exchanges/

Looks like USPS is after its own coin. They're not going to promote Bitcoin...

Why good-bye? Governments are just saying it's not recognized as a currency which is okay it doesn't mean you can still use it or find away to exchange it for cash. It's like gold and silver, if you walked into a bank with an ounce of gold they wouldn't give you and money for it because it's not legal tender. Same applies for bitcoin, if its not legal tender there will be outlets that will exchange it for you.

Secondly the bitcoin exchanges need to step up to the plate more and be more friendly to the banks and governments so they aren't closed down. Even still if they are closed down there will be a crypto currency underground movement that will exchange your coins into money. Thirdly you also need to stop thinking of the exchange rates from bitcoin to money, what happens when the money collapses and is gone what are you going to value bitcoin against or any other crypto currency?

damn im tired of stupid people, what did you folks expect - you are not going to disrupt a financial system with NO FIGHT the war is just starting.... nothing out of the ordinary

look at github developers graph, look at all meetups around the world, look at new conferences around the world, merchants accepting bitcoin, every single metric that MATTERS is growing faster than anything seen

at the end of the day its all about understanding the fundamental need and utility of bitcoin, as long as all of you don't panic and instead of panicking become more resilient and recruit all your friends and family bitcoin is not going anywhere. It's exactly your reactions of fear and fundamentally not believing in btc that the regulators and the ones fighting btc want .

Look at any graph of BTC Vs. Fiat. count the waves. Look at the trolls, count the instances where they had lots of FUD to dispense.

Wave action is inherent in a market. Without waves there is NO market.  how do we know that the US stock exchange is a zombie feeding on the fed's printing QE? the wave action is wrong. How will that end? badly. 

This "Crash" -Correction- AKA as a wave in BTC price was to be expected. If you were counting your BTC as the ONLY basket  or store of wealth for your savings you certainly deserve to feel apprehensive and no measure of reasoned discourse/analysis will serve to calm your fears.

And BTW: i like trolls. A wave needs a surfer. A "crash" needs a troll.

Remember the old wizard:

  ----  “Think of how stupid the average person is, and realize half of them are stupider than that.” George Carlin.

Yes it is Beginning of the End !

https://bitcointalk.org/index.php?topic=420005.0

Now official: using Bitcoins is completely illegal in Russia ,  https://bitcointalk.org/index.php?topic=452118.0

You got trolled in troll post by second hand troll....

I hold no bitcoins or any other coin for that matter anymore. I sold all the coins and wanna get out of this f**ked up scene.... And i really think its not going good the way it is going.

I am just entering bitcoin world. Russia, china, india are big countries. It will affect bitcoin price.

1/10 op

The price will recover. Volatility though is still a valid argument for bitcoin haters.

What, you think Russians all of the sudden are gonna stop because the Government said so? LOL . A lot of people in Russia have been waiting for a way to stick it to Putin and I can tell you cryptos will be embraced by even more Russians now. The more they speak against it, the more it will spread.

The price continue to fall

http://easycaptures.com/fs/uploaded/638/2292929064.jpg (http://easycaptures.com/2292929064)View Screen Capture (http://easycaptures.com/2292929064)

We don't need anymore sheep anyways.

http://s.quickmeme.com/img/c4/c41003de12a10afaf5395ba2c130cfca2b0b5b5c61e729582dcb1e9644c692d2.jpg


Quick everyone jump off the Bitcoin ship!  Bubble's a poppin'...


http://www.freedomsphoenix.com/Uploads/Graphics/001/03/001-0328143919-Bitcoin-bubble.jpg

Fud or not, price will go down. MtGox's insolvency was long expected, but it will be an entirely different thing if it really happens.

So why are the hundreds of people I have had in depth conversations about bitcoin.... agreeing with most of my statements, thoughts, math, etc, NOT BUYING BITCOIN...

The system of dollars is SOOOO POWERFUL, Why are billions not FLOWING into bitcoin if it is this ultra efficient no banks needed currency/financial system..

If it were soo good and perfect people would have done all they could to purchase every possible bitcoin for sale at whatever price...

WHY!

Why has wallstreet no place 1% of there wealth into bitcoin.

quite right.

half his links are old and have been reversed.

bitcoin is here to stay whether you believe in it or not

Long ago I predicted Gox will have to deal with a run. It has shown many signs of being poorly managed, frequently hacked, and lacking any transparency. If the sun were to shine on their books it would be apparent that they would not be able to settle up a massive withdraw.

I don't know if it is FUD (the doubt is very reasonable) that governments would ban bitcoin and trading floors would be shut down. If a govt doesn't have control over their own currency, they have nothing. This is an existential struggle for them (as well as the banks that control the govt).

Bitcoin will never go away (or at least some form of it), but any business based upon it is on shaky ground, and this will eventually be forced underground.

Compiling a list of every negative Bitcoin story, whilst ignoring every positive story, gotta love balanced threads :D

In other news, Scan.co.uk in the UK now accepts Bitcoin so next time I upgrade my computer I can purchase from them, result!.

What did you expect?  That every government would be clapping their hands and throwing confetti at us?
Off course bitcoin receives alot of friction.  It's an anarchists wet dream come true.
It is a revolution which can transform, or even destroy the established powers.

And anyway, digital goods that have been banned in the past didn't really vanish.
This has been going on since the internet came online.
Would torrents have been invented if they never took down napster?
We would still have shitty napster 1 on 1 download.

I think the history of bitcoin will be very similar to the path of file-sharing and social media.

Thanks bro, for colection of information at one places.

igorr, its a fun read when someone is so hardcore against something, yet they still bother to post on the subject.

I see it as just part of the game, there is always a lot of turbulence with all new stuff, especially as disruptive as bitcoin.
When in doubt, look at the torrents, they are trying to stop them for 10 years, and yet people download more than ever today.
And they are relevant to much bigger money that bitcoin 10B market capitalisation.

This is not as it seems,
nothing do not worry just buy Bitcoin and keep the ones you've already bought,
Bitcoin to be worth 100k usd this I personally guarantee.

P.S. General Director of the company for the production and exploitation of mining hardware
--------------------------------------------------------------------------------------------------------------------


Russia banned bitcoins :: http://rt.com/business/bitcoin-russia-use-ban-942/

China banned bitcoins :: http://www.bloomberg.com/news/2013-12-05/china-s-pboc-bans-financial-companies-from-bitcoin-transactions.html

Apple removes all BTC apps :: http://www.telegraph.co.uk/technology/apple/10621175/Apple-bans-final-bitcoin-wallet-from-App-Store.html

Indonesia Bans bitcoins :: http://www.thejakartaglobe.com/business/bitcoins-neither-currency-nor-legal-paymen-tools-in-indonesia-central-bank/

India shuts down all BTC exchanges :: http://www.thehindu.com/business/Industry/bitcoin-exchanges-shut-shop-in-india/article5504407.ece

Thailand bans bitcoins :: http://www.cnbc.com/id/100923551

USA in final stages of banning bitcoins :: http://www.zerohedge.com/news/2013-05-15/us-government-begins-bitcoin-crackdown

France issued warning against bitcoins :: http://www.reuters.com/article/2013/12/05/us-france-bitcoin-idUSBRE9B40IF20131205

Korea rejected bitcoin legalising bill :: http://thenextweb.com/asia/2013/12/10/korea-becomes-the-latest-asian-country-to-reject-bitcoin-as-a-legitimate-currency/

Alibaba withdraws BTC support :: http://www.bloomberg.com/news/2014-01-08/bitcoin-banned-by-alibaba-s-taobao-after-china-tightens-rules.html

Mtgox scams $38 million from users :: http://falkvinge.net/2014/02/04/major-bitcoin-exchange-not-executing-withdrawals-now-owes-clients-38m-in-disappeared-money/

Mtgox OFFICIALLY stops all withdrawals :: https://www.mtgox.com/press_release_20140207.html

Most of those articles are from 2013. More good news has come out about Bitcoin than bad news since then. Bait harder troll. And holy s***, it just hit me that it's already February.

Price is already recovering.
Pointless FUD.

LOL, "recovering"
for now people have lost half the money in two months, from 1250 usd to 730 usd,
and a lot of people have ben left without anything at MtGox, lost all their bitcoin or all their money.

What we can expect tomorrow or in the next two month, from 730 usd  to 300 usd, or much less ?

I bought most of my current stash at ~$700 2 months ago, Basically I haven't earned anything these past months and am getting closer and closer to a bailout point. If it continues with the current pattern we'll have a week or two of jumping around $800 and another crash. Come on bitcoin, do your thing, up and away!

Game is over, it's time to go home.

In a country like Argentina there is a 50% tax on online credit card international purchases. It is for reasons like this that I believe crypto currency is here to stay.

Exactly my point in my earlier post.

Whatever the motives of the OP (trolling or not) the content of the original post needed to be countered, because otherwise others who read it will be misinformed.

Bitcoin is going mainstream, but not without opposition from those who have most to lose.

It's the internet's version of the Axis of Evil. Somewhere, George Bush is smiling.

America are not banning BTC.  Why post a link from 2013?  The FBI are getting ready to sell the haul they got from silk road via an auction on the US Marshall's website.  Congress held 2 hearing on bitcoin and are in favor of supporting it. And the IRS are now allowing people to pay their tax in BTC http://www.forbes.com/sites/benkepes/2014/01/15/bitcoin-breaks-out-you-can-now-pay-the-irs-in-cryptocurrency/

Is this the end?  No it just means it is going to get taxed and at some point users and business who deal in / trade or accept will have to conform to some level of regulation.

Germany has already ruled that Bitcoin is to recognized as "private money for legal and tax purposes" http://rt.com/news/bitcoin-germany-recognize-currency-641/

The countries that are banning it have ulterior motives.  China and Russia - Communism - Not a surprise it was banned - India, Russia, China and other 3rd world countries such as Indonesia - Preservation of slave wages and economic enslavement of their workforce.  Do you really think their governments want the wage slaves that are booming their economy to give up working for next to nothing and making significant amounts of money mining alt coins and trading BTC.  FACT: One of the Chinese Governments primary goals is to become the worlds number 1 industrial superpower within the next 20 years.

http://en.wikipedia.org/wiki/Legal_status_of_Bitcoin  Check this out then look on credible financial news websites such as Forbes or the governments websites in the country of choice to see the present position.

In regards democratic nations anything they can give a legal status too, tax and regulate in some form or another is going to be welcomed with open arms because of the keyword TAX.  We all know how capitalist democratic governments love tax! tax! tax! and will tax the fuck out of anything they can.  The UK is assessing the legal status of BTC right now -
The Financial Times 19th Jan - UK reviews Bitcoin tax as global regulators seek to cash in http://www.ft.com/cms/s/0/2d894c9e-812f-11e3-95aa-00144feab7de.html#axzz2sfjjHmZw.  

If it is ruled money as in Germany it is going to get hit with income tax, if it ruled as a security or a commodity it is going to get hit with capital gains tax.  I will bet you the 150 Karmacoins I own that the UK government will not ban Bitcoin.  They will want to rub themselves off over it and TAX IT.

Ebay are considering accepting Bitcoin payments - http://www.cnbc.com/id/101356642

Stay calm and hold onto your BTC.  If you want to flood the market with panic selling and debase the currency please do because I will be buying.  The headline will read - Forbes.com "Noob alt coin miner with shitty rig goes from broke to a million after panic selling of Bitcoin"  :D

The news is a good source of information but don't pay to much attention to it unless it is highly credible and cites it's sources.  Pay attention to what governments and academics are saying http://blogs.telegraph.co.uk/technology/jamiebartlett/100011868/one-day-amazon-will-accept-bitcoins-thats-when-central-banks-and-governments-get-nervous/

Did the legendary economist Milton Friedman predict the future back in 1999?  http://www.youtube.com/watch?v=j2mdYX1nF_Y Have a look and see.  

Some of the economists and lawmakers are worth listening to but there are also a lot that are talking shit; probably taking bribes from the Federal Reserve Bank who are most likely shitting their pants at the moment and thinking of ways to debase the currency and kill it.  The Fed are probably buying millions of dollars worth of bitcoin so they can flood the market at a time of their choosing in an attempt to debase it.  It was probably the Fed buying when it bombed to $500 average across the markets after China banned it.  Inflate the currency then debase it when you want it to fail.  That is economic warfare tactics.

Don't forget that the majority of news is often badly researched trash journalism, often fails to provide sources of their data and make sweeping uninformed statements.  Then are stations like Fox who report whatever the NWO and Rupert Murdoch want them to.  Pay attention to credible and well research journalism that provides its sources.  Whoever controls the media controls public opinion and Rupert Murdoch controls a hell of a lot of the news.

Wall street journal, Forbes, The Financial Times, ect.  (and that includes the big credible sources in your own countries that I am not aware of)

Another reason legal status, tax status and some form of regulation is coming is because we all know that BTC is already being used by criminal elements for criminal purposes.  You could not have put Al Capone in prison for tax evasion if he was dealing in bitcoin ;D

if you'll notice, the link on the us being in the process of banning bitcons is pure fud. article is 9 months old and has nothing to do with the us cracking down on legitimate usage of bitcoin, they only encroach the illicit actions. we're all under scrutiny now, but it will be ok. the prices will fall, but they will rebound and we should be at a fair price for bitcoins

YAWN. Most of that is old news or wrong news. Poor threadstarter needs cheap coins hm?

They are cheap. Without those bad news price would be 7000 not 700  ;D

That is exactly what I said :D

OP is a reckless troll who deserves no respect.

Who is OP?

Ah got it

Answer: 'OP' has two common meanings in the 21st century. It will sometimes mean 'overpowered' in the world of online gaming. More commonly, OP means 'original poster' in discussion forums. The original poster is the person who started a discussion thread, and OP is used to refer back to that person as the responses grow.

GAML < Noob :D

Russia ban bitcoin, New breaking news,  http://www.coindesk.com/btce-pulls-support-ruble-russia-bans-bitcoin/

FYR: https://bitcointalk.org/index.php?topic=452894.msg4990618#msg4990618

C'mon, u r from Russia, u should know that all such problems r easily solved by bribing a few people.  :D

I wrote this in a new thread  called " Putins lost opportunity to crush USD & financial system - Putin needs Andreas" -

Too bad Mr putin do not understand what opportunity he is missing out on

I have been playing with this thought a few days.

So everyone that follows Putins politics clearly understands his goals and ambitions by now, to rebuild russia as an empire and super power and to stand against US and EU on any global issue (snowden, syria, ukraine the list goes on and on) to show his muscles. One can have opinions about how stupid, retarded, illiterate and counterproductive he is about going at it, but no one neglects his ambitions.

So it's very pity and a shame that he really do not have any technical /economical advisor that understands the potential of Btc and really can explain to him where bitcoin can play a global role to diminish usd power.

If he really understood the damage a world wide adoption of bitcoin can do to the financial system ( which in large is controlled by american institutions and USD ) and how he can help accelerate and stimulate this development by creating a safe heaven in russia I'm 150% confident he would do it. He would go all in.  Russia has nothing to lose, american instituions control the financial system of the world, usd is the global currency of the world and russia has nothing to loose if bitcoin would to take over the world.

And its quite easy -create a safe heaven for any company and project related to bitcoin, it will create ten and hundred thousands of jobs in Russia.

Andreas you need to talk to Mr Putin.

Anyone close to Putin, PLease let Andreas make 1 hour pitch to him. Putin would die for the opportunity to take down usd.

http://www.coindesk.com/leading-anti-malware-firm-malwarebytes-starts-accepting-bitcoin/ Another place to spend your BTC.  The more businesses that keep doing this the more commercially acceptable and socially acceptable the use of cryptocurrency will become.  I know that one day we will be able to pay for our weekly food shop in the supermarket with bitcoin.  Imagine if Tesco or Walmart started accepting BTC.....ok maybe Walmart is pushing it a bit...

i would say the current situation did do some harm to the BTC but it has also given new opportunities for others. take a look at this
http://www.bloomberg.com/news/2014-02-07/bitcoin-price-falls-as-mt-gox-exchange-halts-activity.html

about the apple issue - the move didn't affect the use of BTC but it has turned back against apple itself
http://www.bloomberg.com/news/2014-02-07/apple-bitcoin-rift-has-currency-s-fans-ditching-iphones.html

And also about India - not all exchanges in India have closed. It was the first move by the Indian govt to understand bitcoin. feel free to browse Indian sub-forum to know more.
There are still exchanges operating in India like https://bitquick.in & https://unocoin.com

It would take more than a 1 hour pitch from Andreas - you are up against a millenia of the Russian peoples emotional attachment to the rouble (and emotion is often way more powerful a driving force than any rational arguement based on elliptic curve cryptography  ;)) - combined with a strong political leaders recalcitrance in refusing to relinquish even the slightest amount of his own nations economic/financial sovereignty and control. You think Putin will be swayed by a bunch of open source anarchist hackers FFS ?

  To my mind bitcoin will prevail in spite of the decisions of the political elite (of any country) - hopefully some will recognise its inevitability and regulate for it.
  However it works out it will be a movement of the people for the people by the people - it won't succeed by virtue of an arbitrary political decision. It will be because people use BTC.

It will succeed - you can't kill an idea - but I wouldn't lay too much store by a Putin/Andreas meeting  ;D

It's more about diminishing american institutional and currency power of the world than the russian rouble, russia has nothing to say in financial system of the world nor the slighltes chance to become the worlds currency, maybe chinas has.  Usa would loose 10x more then russia in terms of power and influence and russia could become the epicenter of the whole bitcoin ecosystem just like sillicon vally is for technology.  I agree with you on emotion vs rational but this is actually more emotion,  the chance to break the dollar by the way you can play on his megalomaniac aspirations to becoming a historical person . If you know dictators , those things are more important then their own country or people for them.

Shopify Merchants can now accept BTC  :) http://www.shopify.co.uk/blog/10446157-shopify-merchants-can-now-accept-bitcoin#axzz2sgdj4eM8

Viva la revolution.

Too many people have woken up to their corrupt governments, corporations and banking systems worldwide..I doubt it is the end of BTC or the freedom movement and these so called free countries we reside in cannot ban it either because it would go against their constitutions and free market economic systems they keep telling us about..Oh let the markets regulate so now we got BTC AND ALTS as well..There is demand so let the supply be hashed out.. ;D

Funny where's all the bitching and moaning about how 'corrupt' and 'ignorant' government of China, Russia, India, etc are?

No where near the degree of which they bitch at certain country which now hosts less than 3 exchanges and greatest interest in riding the crypto wave with only some minor regulations.

Bitch moan, bitch moan, but never have the balls to even bark at the ones actually cracking down on bitcoin this VERY moment by outlawing it completely.


Pussies.

Found this funny.... pretty stupid from governments that ban, seemly USA did see how to deal with it, just  accept it, it is kind of too late to kill it, now is a Hydra... if for a government this shouldn't even exist, then you can't tax any business made with it. Accept it and try to regulate it somehow, is the best shot.

Now as my opinion, the banning in Rusia, and China (take note that hong kong is apart as they said, is just a comodity so it can be used there http://www.coindesk.com/hong-kong-treasury-official-issues-bitcoin-warning/), but if now you created a pool of people that can't exchange in mainland their bitcoins to Yuan... but there is already so much bitcoins there, and cost a lot of money to a lot of people, so... what to do with them... use them. i think they just created a parallel economy, that they would not be able to regulate just because they don't recognize bitcoin....

Buy a bicycle with bitcoins, if anyone ask it was a present, no taxes can be imposed as it was never selled.

The funny part will be, a chinese web, with servers in Peru to scape government regulations XD... when rest of the world tend to do the opposite way.

Bitcoin hold very bright feature. It may raise upto $10000. SO don't scare us.More and more people are knowing about bitcoin. So it will grow in feature.

More and more online shops are accepting bitcoin. Countries banning bitcoin makes little woory. But as long as USA does not ban bitcoin i will keep invest in bitcoin

Funny I thought crypto revolutionaries hated US.

Pussies come running back to the hand that feeds them instead of hands that try to fuck them in 8 different pieces.

Different day, same shit.

Mr. Putin ban bitcoin and game is over.

please stop the trolling mate
bitcoin is here to overcome governments and banks
do you thing it could really be stopped?

Countdown is begun,

Tokio/Japan GMT, 23:40
Peking/China  GMT, 22:40

Mr. Putin is a f$ckin' putz!   :P

He couldn't even make a 5th snowflake into an Olympic Ring during opening ceremonies.

do you really think that this will not stay  ;D

crosspost from reddit (and not completely true)

Bitcoin solved a problem thought to be impossible to solve amongst computer scientists. How to get a bunch of people who don't trust each other to reach a consensus. The implications are mind blowing.


http://www.reddit.com/r/Bitcoin/comments/1tt88c/today_i_realized_that_satoshi_nakamotos_great/

No more my money, no more my bitcoin, everything is gone.

http://localtimes.info/asia/Japan/Tokyo/widget/

That thread is amazing, thank you! I'm still working my way through it but I wanted to pop back in here and point out Solarcoin.org which is doing much of what is discussed further down in the article in terms of solar energy and using the blockchain principle to meet a particular end.

Actually china doesn't ban bitcoin completely. It only doesn't recognize bitcoin as a legal currency. The exchange is allowed and can sell and buy them using the legal currency CNY freely.

Except your China news is outdated. They no longer ban bitcoins, they did in December, but they back on that and no longer do it. Realized it was a mistake. Even your news post is from December, China related that is.

Yeeeeeeeeeeeeeees! (http://www.youtube.com/watch?v=zMrMxiO522E)

I have a mixed feelings of catastrophy and opportunity, grief and greed!

The exact same FUD link collection was spread a while ago.


Ok, Gox is done. Big Surprise. May I remind everybody again of what is happening here. The last financial collapse of 2008 showed how vulnerable the system is that we take for granted today. Politicians of the world have no fucking clue on how to improve the situation (look at the Euro, look at the huge USD debt) so obviously this isn't going to continue into the future. The leaders of the world can be glad to have crypto because it offers an alternative, any alternative. Perhaps even a more sustainable one.

Buy now and hold.

If you have a thing for visiting Mtgox in Japan this is who you should look for

Lost your life savings? Lost everything??? visit the Office in japan Mtgox. this is who you should look for Founder/Ceo of MtGox

yeah the guy responsible for mtgox and shutting down the website and permanently shutting down your account.  "Means" you can't get it back unless government steps in and requires Mtgox to Reopen the website to return the money to everyone which i highly doubt the government will do. lol

http://www.youtube.com/watch?v=ZddzSC7AuAw

So after a rough 3 weeks:

- MtGox died
- BTC is rising

As we told before...

I think this post should be stickied.
It's the most solid proof about bitcoin's resilience and future.

If you have a thing for visiting Mtgox in Japan this is who you should look for

Lost your life savings? Lost everything??? visit the Office in japan Mtgox. this is who you should look for Founder/Ceo of MtGox

yeah the guy responsible for mtgox and shutting down the website and permanently shutting down your account.  "Means" you can't get it back unless government steps in and requires Mtgox to Reopen the website to return the money to everyone which i highly doubt the government will do. lol

http://www.youtube.com/watch?v=ZddzSC7AuAw


he purchased round trip airfare back home in 7 days

think of the children