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i didnt notice this thread but wow for see the issue so clear!
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You know what seriouscoin- fuck you. I'm not spreading FUD and considering the massive hate campaign against GOX for everything that goes wrong, I was trying to add a bit of common decency to this place. You want Gox to fail overnight? Fine- watch hundreds of thousands of bitcoin and tens of millions of dollars disappear all at once and bitcoin to completely collapse. Until someone actually builds, and grows an exchange to be a legitimate successor to gox, we still need them. The FUD is in making this place a complete fucking troll hole where people like you sit in their basement armchairs and slither in their own shitty opinions that pop out like diarrhea without any respect to common decency. If you disagree, you could be polite about it for fucks sake. Not even a word of admitting to be corrected...... Well who give a shit about idiots like you. Well if I was over the top (probably yes) I apologise even though you probably don't care, but if someone is wrong- It wouldn't kill a person to point it out politely. I'm extremely pissed because i believe core developers have already contacted Marks prior to him publish this fcking press. Yet he still told lies and not completely truth. What is his intention? Ofcourse for inside trading.... Well I don't know if he's insider trading or just trying to pretend like he didn't make a mistake, but it's pretty revealing that Mike says this has been known about for years. It boggles the mind to think that if this is a known property, why Gox hasn't corrected this ages ago. And I have a solid amount of Coin on GOX, so I'm really hoping that it's still there- whenever they reopen. So do i, i still waiting to withdraw my coins. Someone already explained this might be due to Gox wallet when Mark took down txt data page. He said its because Mark use a custom wallet based on old version. So i believe Gox reached out to them for help. Yet he still told this BS. |
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I really don't understand why some were panic selling as low as $500??
(Now price are back to reasonable levels)
This Gox statement of shifting blame is obviously another excuse not to pay out, it only affects people with fiat/bitcoins inside Gox.
Gox has been trading below other major exchanges for days now, Gix pulling away is kind of expected, right? For those who have coins in exchanges elsewhere, there is little to worry... why doesn't those people see that?
It went lower than that. Was at about $100. I've no idea who was selling for that low. Why would they? It's baffling. Wait wait wait. So someone got bitcoin for ~$100? Yeah on BTC-E. It must be a market order. |
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You know what seriouscoin- fuck you. I'm not spreading FUD and considering the massive hate campaign against GOX for everything that goes wrong, I was trying to add a bit of common decency to this place. You want Gox to fail overnight? Fine- watch hundreds of thousands of bitcoin and tens of millions of dollars disappear all at once and bitcoin to completely collapse. Until someone actually builds, and grows an exchange to be a legitimate successor to gox, we still need them. The FUD is in making this place a complete fucking troll hole where people like you sit in their basement armchairs and slither in their own shitty opinions that pop out like diarrhea without any respect to common decency. If you disagree, you could be polite about it for fucks sake. Not even a word of admitting to be corrected...... Well who give a shit about idiots like you. Well if I was over the top (probably yes) I apologise even though you probably don't care, but if someone is wrong- It wouldn't kill a person to point it out politely. I'm extremely pissed because i believe core developers have already contacted Marks prior to him publish this fcking press. Yet he still told lies and not completely truth. What is his intention? Ofcourse for inside trading.... |
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You know what seriouscoin- fuck you. I'm not spreading FUD and considering the massive hate campaign against GOX for everything that goes wrong, I was trying to add a bit of common decency to this place. You want Gox to fail overnight? Fine- watch hundreds of thousands of bitcoin and tens of millions of dollars disappear all at once and bitcoin to completely collapse. Until someone actually builds, and grows an exchange to be a legitimate successor to gox, we still need them. The FUD is in making this place a complete fucking troll hole where people like you sit in their basement armchairs and slither in their own shitty opinions that pop out like diarrhea without any respect to common decency. If you disagree, you could be polite about it for fucks sake. Not even a word of admitting to be corrected...... Well who give a shit about idiots like you. |
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I really don't understand why some were panic selling as low as $500??
(Now price are back to reasonable levels)
This Gox statement of shifting blame is obviously another excuse not to pay out, it only affects people with fiat/bitcoins inside Gox.
Gox has been trading below other major exchanges for days now, Gix pulling away is kind of expected, right? For those who have coins in exchanges elsewhere, there is little to worry... why doesn't those people see that?
It went lower than that. Was at about $100. I've no idea who was selling for that low. Why would they? It's baffling. Stupid ppl hit market order.... thats why |
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MtGox has been the cause of most of the crashes. They are not incompetent but are malignant, otherwise they would of closed their doors. But instead they are making good money with throwing the market at any direction they want.
But the Bitcoin community is a flock of emus, who are not able to organize, to finally root out MtGox from the entire market system. When a proposal is made about doing something to protect the integrity of the market, then all the emus will hide their heads in sand and hope that the free market fixes everything...
Most of the bitcoin enthusiasts are moronic get-rich-quick people, who dream about getting rich while doing nothing...
One must see clearly the intention of their action in causing these crashes. Mark and his associate are all inside trading. Only naive idiots dont see it. This FUD is just way too obvious! |
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I think he's trolling but if not, Fuck you op
No hes not trolling. OP has been known to be GOX supporter. Hes a fcking idiot. Sadly noobs will listen to idiots like him. |
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One should see the intention of such press blaming the protocol while completely left out the issue has been identified by core developers many moons ago......
THEY WANT TO FCKING BUY BTC from noobs at MUCH LOWER price. FCK YOU MARK, you're the WORST SCUM on this planet and i wish you a horrible death.
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Haha I knew it, gox team can't even take the blame, sad bunch. I want Gox to die so bad. I wish Mark got killed by an act of god. |
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This is a f cking bad news!!! That mean the core developers better hurry. I want to withdraw!!
Dont listen to GOX. Reference wallet software does have this problem |
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MOTHERFCKING GOX BULLSHITTING TO SCARE NOOBs. This is not a FLAW but the design of wallet to validate transactions. It has BEEN FIXED by reference design. But fcking retard Marks still didnt get his shitty wallet software updated.
Mark, you're a worthless POS.
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Please stop buying Apple product for the sakes of technology innovation.... its not the first time they did this.
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The part of these cases that could have the most impact is not the sale coins to someone with malicious intent, but the fact that because of their volume of sales through localbitcoins.com they were both charged with failure to register as a "money transmitter" business. So does this mean that anyone who sells coins through localbitcoins.com (or a similar service) needs these state & federal licenses?
There was a recent ruling recently by the feds that seems to me to apply, but I am not an attorney.
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WASHINGTON, D.C. – The Financial Crimes Enforcement Network (FinCEN) today
published two administrative rulings, providing additional information on whether a person’s
conduct related to convertible virtual currency brings them within the Bank Secrecy Act’s (BSA)
definition of a money transmitter. The first ruling states that, to the extent a user creates or
“mines” a convertible virtual currency solely for a user’s own purposes, the user is not a money
transmitter under the BSA. The second states that a company purchasing and selling convertible
virtual currency as an investment exclusively for the company’s benefit is not a money
transmitter
---------------------------------------------------------------------------------------------------------
So I ask the question - if one buys and sells bitcoins in an attempt to make a profit (regardless of volume), using localbitcoins.com (or a similar service), then that activity is not considered to be a money transmitter, subject to the federal or state laws?
Fincen is only at Federal level. However we just notice the state law of Florida that you require a license for as such high volume would fall into Money service business. |
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Sounds like textbook entrapment...not that that matters to the USA Police State.
How could that be entrapment. These guys were advertising on a public website to buy and sell bitcoins. Nothing illegal about that. However if these guys would have said, wait, if you want to buy $30K i have to take your name and dob and ss# and address and telephone and I have to file a Currency Transaction Report with FinCEN, then there would have been no problem. Instead Law Enforcement threw in the fact that they were involved with illicit activity to show that these guys had no interest in obeying any existing law. Pretty simple. I'm not condoning or condemning the behavior. I'm just stating facts.
The problem is.... you dont know the facts idiot. First it already states by the police that buying/selling bitcoin can be felt into "money transmission type transactions " between $300-$20000 within 12 months period Second, you dont know how the undercover agent express his "attempt to use bitcoin for criminal act". He could have made it sound like a joke. I would personal think its a joke if some stranger dude said "yo i'm buying stolen goods with this shit man". If thats not entrapment then i dont know what is |
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Bitcoin to the moon!  yeah I never thought you would say that  welcome to the bull side  Hes always been a bull..... spreading FUD and trolling to scare noobs in order to buy lower. Pigs get slaughtered. Business as usual.... Welcome to the forums if this is what you just noticed (90% of posts yelling doom, the other 10% are just clueless noob) |
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Actually the bitcoin economy relies heavily on mining now. After years of experiment, we cant deny the fact that mining does affect the price supporting level.
Of course we can deny it. Mining provides only 3.8% of the tranasaction volume. Therefore, price is almost exclusively affected by supply and demand, not by mining expenses or whatever. Hey stupid, its not just about mining reward. |
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Another misleading title , people really need to spread FUD all day?
They we're arrested fro trading bitcoins for stolen credit cards.
Bring up this title when two people will get arrested for trading a teddy bear (not live one , plush , and not stolen , and not full of drugs) for bitcoins.
Can you fcking read mate? Also whats you're writing up there? |
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I don't talk about money transaction.
Just getting the coins to other address
Where have you been? Tibet? |
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