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or what do you think that just because 99% of the population think the same that makes it a truth.
Learn what "defacto" means before typing  |
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So what did you give your family for Christmas this year, Bitcoiners?  |
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As you can see blockchain technology is growing in price
Blockchain technology is not growing in price any more than TCP/IP technology is growing in price. It is free. (or as you say in value, USD .btw I hope you are not measuring all values in USD).
Teh USD is the defacto money of international commerce.  |
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... ...violence is impossible because its participants cannot be linked to their true names or physical locations. Not quite...   |
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[daddy issues with government]
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Will use NotLambchop's tears as lube on my hardon when bitcoin rises and I see my gains going jupiter.
In the mean time, I'll munch popcorn & lol as u keep getting fisted by teh Invisible Hand. |
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...The company is registered in Cyprus.
... Any documentation? From the terms and conditions of the site: Jurisdiction
Laws in the country where the user resides may not allow the usage of an online tool with the characteristics of BTC-e or any of its features. BTC-e does not encourage the violation of any laws and cannot be held responsible for violation of such laws. For all legal purposes, these Terms of Use shall be governed by the laws applicable in the Cyprus. You agree and hereby submit to the exclusive personal jurisdiction and venue of the Cyprus for the resolution of any disputes arising from these Terms of Use. This kind of language normally specifies the geographical location of the company's registration or headquarters; even when it is just a shell company. My guess is that it was easy to register a shell company in Cyprus and the Russians are well-known to have financial interests there. No. That kind of language specifies nothing other than that that kind of language was used. If a shell company was registered in Cyprus, the name of that shell/shelf would be available on the website, as is the case with Havelock's Panamanian shelf. Even a shell offers leads to investigators, hence no shell. Stop believing everything you read on the interwebs. TL;DR: For all legal purposes, these Terms of Use this post shall be governed by the laws applicable in the Cyprus. You agree and hereby submit to the exclusive personal jurisdiction and venue of the Cyprus for the resolution of any disputes arising from these Terms of Use. Am I doin it rite? |
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I have my own judgments, so why should I believe on the BULLshit...
He that trusts shit of bull ends up with shit of bear on face. ancent chinece saink  i ggoogleded it i don't understand there are people that are happy with a bearish market! Learn to short, brah. |
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But Phildo, it's Christmas...  |
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I just read the last page.... wow...FBI did a pretty good job.
When do they decide to put him in jail ? Or is the $40 mill fine the only penalty?
I don't think jail time can ever be the outcome of a civil case. The civil case is the 40m fine. A criminal case was brought against him more recently , AFAIK. |
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^Yep. Same could be said for BTCeanie BTCabies. Unfortunately for both BTCeanies & BTCitcoin, that's unlikely to happen  If Bitcoin is BTCeanie BTCabies are used as a sizeable store of value and mean of exchange... FTFY. My point stands. |
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... Too bad I don't have more available fiat to buy more btc.
If you sold pretty much any time during the past year, you would have fiat to buy now. You let your greed get the better of you and hodleded. Nobody's fault but your own |
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... you can run, stand, sit and even talk and do a lot more with millions of hundreds of thousands of Bitcoins, without involving anyone else.  ... You are depending on the entire Bitcoin network, actually. You can run, stand, sit and even talk with a paper wallet in your pocket, though you'd have trouble doing anything more than wiping your butt with it without at least a smart phone, an internet connection, and millions of ASICs burning millions of megawatts of electricity.  |
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^Yep. Same could be said for BTCeanie BTCabies. Unfortunately for both BTCeanies & BTCitcoin, that's unlikely to happen |
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...It is programmable, better money.
... That's Bitcoin's biggest problem--it's algorithmically predetermined, it is preprogrammed. The local paranoid fringe would have you believe that it's a good thing, but it ain't. Think of it as a clockwork guidance system: instead of reacting to the terrain like an IRL driver, it only reads instructions from a piano roll: forward two feet, turn 12 degrees left, halve block reward, and so on. If something gets in its path, there is no way to avoid it, no way alter the course.Theoretically, it is possible: If the entire bitcoin network comes to a consensus. That's like driving a car by consensus--by the time consensus is reached, you're already flying through the windshield. In short, Bitcoin's a throwback to the days of gold and cowrie shells--when money supply was inelastic & controlled by scarcity. Modern money is more complex. It depends on elasticity of supply, which, in turn, depends of having IRL people at the helm. The Luddite need to undo centuries of innovation to return to cowrie shells seems attractive--everyone understands how cowrie shells work, and simple must be good, amirite? Why spend years studying economics when a bit of horse sense is enough? The problem's it ain't  At least a car that is driverless is predictable by the laws of motion. Absolutely. Now imagine yourself strapped into the driver's seat, your hands tied behind your back & a comforting "YOU'LL BE JUST FINE, BRAH" flashing sign where the steering column used to be, as it accelerates towards a [newly built] brick wall. You know exactly what's going to happen, in macabrely minute detail, because laws of motion. Further, are we really capable of driving this machine? Centuries of innovation may give us the impression that we have refined control, but I am not one for ever underestimating the hubris of man...
If man doesn't even know how to drive a car, today, hardwiring how cars will be driven in the future is just... |
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Actually if we resist 300 or even 270 and climb back to 450 or greater, the bear market is likely over.
... ...
At these price levels selling to buy back lower is unlikely to yield significant profits ...
Lol, inca's second post    |
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Satoshi gave an idea and now it's up to altcoins to take that idea and make it better..that's exactly what's happening in crypto.
Altcoins making it better? Then why does Bitcoin still account for 90+% of total crypto market cap? A bit of an odd question, why does fiat still account for 99.9+% of world trade? |
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I wonder with oil prices drop. Did anywhere also electricity price reduced?
A very small % of electricity is generated with oil. Here's a breakdown for US:  http://www.eia.gov/tools/faqs/faq.cfm?id=427&t=3Places where electricity is cheap are usually near hydroelectric power plants. |
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