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On the bright side this news should at least deter any potential imitators.
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im japanese
So is mtgox, so what does it mean? |
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In communist Russia the exchange shuts down you!
srsly, how would they go about btc-e? Bribe a Russian official?
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Any business intentionally or knowingly offering services to US citizens is subject to laws there. Period.
Is it your arbitrary opinion? This is how US Authorities can and did explain shutting down of an offshore business e.g Poker sites operating out of its borders but serving US citizens. No they weren't operating from out of the US, they were trying to be sharky by operating from within the US and hosting the site somewhere else. |
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LOL@everyone moving coins to Bitsamp. Keeping money on any exchange not registered, or seeking registration, with Fincen is idiotic at this point. Any business intentionally or knowingly offering services to US citizens is subject to laws there. Period.
There might be an exception for a business when a very small, insignificant portion of its activities reach into US borders. But no way would Bitstamp fall into such an exception. I doubt any exchange would, considering the vast, vast majority of trading is by US citizens.
Think about it. If physically setting up shop on foreign land is sufficient to evade US laws, then why don't we see more foreign businesses selling dangerous products (exploding barbie dolls) or openly offering money laundering to US citizens? Laws and treaties. Dummies.
Bitstamp and BTCe going down by the end of the year, for sure. If you don't have your coins/fiat on Gox or CampBX, may as well just kiss them goodbye.
Cool story bro, tell it again. |
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Just wondering do you trade Litecoins?
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And by implication that sends a message to all the doubters that bitcoin is *NOT* a ponzi scheme!
Very big news.
You clearly do not understand FUD. By association it can be interpreted exactly opposite - it was a ponzi all along, now confirmed by the SEC. |
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I'm clearly missing something here... Does anyone care to explain?
That would take days. here for a quick summary. |
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havers suffered a net loss from his day trading, but realized net proceeds of $164,758 from his sales of 86,202 Bitcoin. How does that come together? $164,758/86,202BTC = 1,91 USD/BTC???We never even went that low! if you buy high and sell low  Buy high and come down. |
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It also reinforces the association by the public: Bitcoin that's a ponzi - now confirmed by the SEC.
They didn't make that assertion, on the contrary they make it clear this was a specific entity operating on top of bitcoin.. just like madoff. They could have made that release sound much worse then they did.. instead they made it seem like they are going to be policing btc fraud.. which from a utility point of view is a huge value add.. That doesn't stop CNBC from putting it that way, but we shall wait and see. |
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It also reinforces the association by the public: Bitcoin that's a ponzi - now confirmed by the SEC.
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In the long run this doesn't change much. But right now I'm ready for another epic sucker rally.  |
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Buy high sell higher and buy low just sell is what worked for me in the past.
Trying buy low and sell high almost always made me miss the target.
Also trade often, don't try to be a hero, and most importantly: Don't fight the tape.
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The spread gonna go up uP UP.
Watch out for 100% premiums as gox curls it's death toes.
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This gonna be an interesting week to say the least.
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Haha you are already speaking of mtgox in the past tense?  |
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Time will tell but I think we are at least in for another resistance test.
Seems reasonable |
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You seem so out of place.
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