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12521  Bitcoin / Project Development / Re: Bigger ideas on: February 22, 2017, 02:40:54 PM
Programmers are a bright bunch.  For enough money (I postulate HUGE amounts) someone may come up with a way.

Hear you re controlling flows of money.  That's why I think someone will find a way...

Programmers can't program their way out of circumventing laws. Fiat will always be bogged down with the same old stuff. Any company would love to be able to cut the chaff but they can't. Like I said, something decentralised that actually works well would be a huge hit but those laws would then be applied to the individuals using it.
12522  Economy / Economics / Re: ETF approval will mean to you? on: February 22, 2017, 02:37:34 PM
It's a new way of putting money in. I don't see how that compels more people to want to put money into Bitcoin. You could create a turd ETF. It's not going to make more people want to buy turds.

It's a string added to the bow but if one does pass there isn't going to be the avalanche that people are hoping for. There will be a pump but it'll be like most of the previous ones, ultimately a little empty.

12523  Other / Politics & Society / Re: Amnesty International Report (Duterte,Trump and Others) on: February 22, 2017, 02:12:11 PM
This kind of rally are just for show. They are being paid to do those kind of moves. It was a part of the big plan which is to overthrow the current President of the Republic of the Philippines. But this kind of rally is not being listened to by the majority of the population since the people are tired of this lies.

Give it a few more months and almost every person in the Philippines will know or be related to someone who's been murdered because of 'drugs' with the full blessing of the state, and in certain cases the state is paying people to murder others.

That's a few notches up from being lied to by your local newspaper.
12524  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 22, 2017, 02:00:05 PM
It depends on your position as to how valid the Gox price was. It legitimately reached 1226 IMO, as fiat withdrawals were still operational up to that price

I was under the impression that USD withdrawals had been pretty much impossible for several months before the ATH. The Gox premium had existed for quite some time beforehand.
12525  Bitcoin / Bitcoin Discussion / Re: The terrible odyssey of trying to buy a small amount of bitcoins on: February 21, 2017, 08:58:08 PM
Check bittylicious. I think you can buy with a card in the EU. There's a premium but not any more horrific than most p2p places. Buyable amounts start at about 15 Euros or so. Bitstamp has opened up for card purchases too but you might need to send them a stool sample to get an account.

Multibit has been sold by the original developers and has had some weird problems recently so I'd shop elsewhere.
12526  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2017, 06:41:47 PM
Yes, but "do nothing" in this case means keeping the status quo, shich means "No ETF". The SEC has nothing to gain from such an approval only to loose if lots and lots of money flows into that thing and it fucks up big time in some years from now. Then everybody will be like "Who approved that shit!?"

But in this case 'do nothing' is a de facto yes. People elsewhere have argued that the ETF will slip out like a turd in a bath without their making a squeak as somehow that absolves them of responsibility if it goes wrong. A yes by doing nothing is still a yes. I can't imagine that's how anyone would choose to operate so we will get a firm decision in some direction.
12527  Bitcoin / Project Development / Re: Bigger ideas on: February 21, 2017, 06:32:40 PM
...

I still feel (and have for years) that someone is going to make a LOT of money by setting up an easy & hassle-free way to buy BTC without all the fuss & bother of verification (KYC/AML).   This would bring a LOT of money into that exchange.  Yes, it would be hard for that outfit to find a home country, get trust and be able to get into the banking system..., sure I understand all that.

But, programmers in some cases are among the brightest people on our planet.  Someone is going to figure this out (ah, not me, I am not a programmer) and make a mint.  A gold mine to the one who finds the Key here...

Nope. It'll never, ever be allowed to happen. The movement of money is getting ever more oppressive and it's only going to go in one direction.

There's a lot to be made with less clunky decentralised stuff but they're already out there and developing slowly.
12528  Other / Politics & Society / Re: Why do you think Trumps supporters still love him? on: February 21, 2017, 06:28:22 PM
Evidence to the contrary.

All other republican candidates...

And Donald had nothing that any of the others had, the alleged 'ear of the people'. He was so out there compared to any of the others that it's almost as if they were in separate contests.

Hillary was no different to any of the other Republicans with the addition of a ton of baggage.
12529  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2017, 06:16:33 PM
Is there any reason for the SEC to come out with a decision before they have to? Its quite obv imo that they take as much time as they can to come to a conclusion.

What a bunch of teases. I've read elsewhere that no ETF has ever been approved via the doing sod all route so something will emerge eventually.
12530  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2017, 05:21:07 PM
I think everyone agrees that it is more likely that the ETF will be denied, so it is priced and nothing would in practice.

I'd guess plenty of people have taken a bet on a yes. I expect a fair few of them to do a runner in the case of a no. It's the most exciting bit of action on the horizon so if it's not happening then there might be a short term sag. Everyone loves potential hype.
12531  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2017, 02:28:08 PM
What are the chances of another "China bans bitcoin for the 97th time" story sometime between now and $1242.... Roll Eyes

High, very high imho. That is press catnip when China does that.

But China isn't present to dump. It's hard to imagine what else they can roll out at this stage. Everywhere else is slowly disconnecting from China. Maybe a few Chinese folks have migrated to Japan for that zero fee fun so they'll have a go there, but not many people elsewhere seem to be paying Japan much attention right now.
12532  Other / Politics & Society / Re: Why do you think Trumps supporters still love him? on: February 21, 2017, 02:24:52 PM
Just because they are stupid AND desperate...

They're so desperate for something to change and push the world in the right direction and so tired of the establishment that they would take anything that seems a bit different.

That's a very valid sentiment and one that Donny is riding in an expert manner.

That's why it's hard to have much respect for the democrats for propping up a tired zombie as his rival. Anyone else with a little spark and some originality would've creamed him.
12533  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2017, 02:05:28 PM
The thing is, I believe that the State rarely ever does anything to protect the people.  They pass legislation to a) protect themselves, and b) for their own good and for their own advantage.

Absolutely. And it applies to everything. I don't think Bitcoin is a special snowflake that they're out to 'get'. They're out to 'get' everything that isn't directly aligned with their own interests. And everyone has to pay to join the club.
12534  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2017, 01:58:24 PM
Sure, sure.  Just like the BitLicense, eh?   Wink

Just playing a little devil's advocate with ya.

Well, I'll try setting up a bank in New York state, see how it goes and then I'll get back to you.
12535  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2017, 01:31:37 PM
You only need to know the "trend": Has the establishment / authorities, ever done anything to pump BTC? No. They have done exactly the opposite (hammering BTC with "negative news"). And BTC rises despite these.

I distinctly remember watching the price while US senators were making positive noises about BTC. It was reacting from sentence to sentence.

What some seem to regard as BTC's persecution is just the application of laws that exist with everything else. An ETF rejection won't be a grand political statement. They simply won't think that it cuts it at present as a safe enough asset class.
12536  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2017, 12:56:54 AM
the 2013 rallies destroyed my nervous system.

I though it was all good, clean family fun. And I fully expected Bitcoin to continue doing it forever. O how spoiled I was.
12537  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs on: February 21, 2017, 12:48:00 AM
I ain't selling my NEM either. I wish i knew of the ICO Sad

And guess what people might think reading your comment in 5-10 years. 600 Satoshis is still a piddling price.
12538  Other / Politics & Society / Re: Daily life in Pyongyang on: February 20, 2017, 11:30:48 PM
By the way, it's really strange that American cartoons are sold in the DVD kiosks. America is biggest evil for North Korea.

How do you know the cartoon's dialogue hasn't been changed to spout nothing but anti imperialist rhetoric? That would give them great satisfaction.
12539  Economy / Trading Discussion / Re: Places to Sell Bitcoin on: February 20, 2017, 11:27:47 PM
I downloaded the app on my phone and on my iphone I don't know if there is a difference from andriod but, I don't see the button.

https://www.mycelium.com/lt/m/

You can access its listings through their website here. I don't know if it's all of them. Either way Localbitcoins is far, far busier than Mycelium.
12540  Bitcoin / Bitcoin Discussion / Is the future of Bitcoin commerce moving towards off chain? on: February 20, 2017, 11:24:29 PM
I noticed the other day that Egifter is now only accepting Bitcoin payments via a Coinbase account. And it looks like Gyft.com has added Coinbase integration too, presumably with the intention of squeezing out vanilla Bitcoin payments eventually.

I assume the main reason for this is cut out on chain transactions as they're now too expensive and slow to get the confirmations they need to release digital goods safely.

Is this a short term blip or the wave of the future? It's a little uninspiring if it's the latter.

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