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if you want to utilise the tool of freedom known as bitcoin.... then stop relying on the government FIAT..
while still requiring the use of bitcoin to fiat exchanges you are still relying on FIAT (government property)
its hard for you to complain about not wanting regulation and wanting the freedom of bitcoin if you do not yourself free yourself away from requiring FIAT.
bitcoin is not government property thus no government can claim ownership to then regulate it. so stop worrying about bitcoin regulation.. the whole regulations thing is about FIAT
if you dont like FIAT laws. then dont touch fiat.
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the reason it is a big difference right now, is due to the sudden drop of MTGOX..
we in the UK are trying not to act like Gox sheep by constantly following the price by the penny.
bitcoin in our eyes is worth more then£60 a coin. but because of all the Gox farmers wanting the sheep to follow the leader, a compromise occurs.
atleast most didnt ignore the dollar price after the Gox fall of $266.. or we would still have bitcoins at over £170 right now.
do not blame UK bitcoin sellers. blame gox for being the centralised price point
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every minute becoming compliant for dealing with FIAT is one less month having your funds frozen and lost trust due to non compliance of handling FIAT.
i fully advocate BITCOIN is not regulated.. but the FIAT gateways into bitcoin.. well thats a little different.
regulation is about FIAT
regulation has always been about FIAT
regulation will be about FIAT
if you don't want regulation don't be a FIAT exchanger.. become a T-shirt or grocery's for BTC exchanger instead.
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franky1 Love your enthusiam, but could you please stop posting your opinion about things you not nothing about. It is really not helpful. i know more then you think, but a comment like that, i guess your in team 'death and taxes' . if so.. i lol you |
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+1. Every dollar spent having to comply with regulations is one less dollar spent on providing bitcoin products and services, and one less dollar's worth of BTC in the bitcoin economy.
wrong.. if alice has bitcoins and jeff has dollars. and they use dave's exchange.. dave does not remove jeffs funds to pay for licences.. dave uses the 0.x% profits of both alice and jeff's transactions when trading.. or dave uses own investment to buy licences and then recoups and eventually profits from the 0.x% transaction fee's.. the amount of dollar in the economy does not change.. and no exchange should be removing funds from the thousands of Jeff's in an exchange. lastly if a exchange cant afford the licences. then it shouldnt really be trusted to handle billions of dollar economy |
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when dealing with fiat u got no choice....
be regulated or be shut down...
so its not really about advocating, its about limiting risk of being shut down. now that exchanges are starting to get licences it will secure the trust that our funds are not being managed by inexperienced zit faced squatters. thus secure future growth..
so lets just plod on through the growing pains and enjoy the future.
a price drop is not a reason to cry, its a reason to buy in cheap.
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Result of WHOIS query: Domain name: bitcoin-services.co.uk Registrant: Bitcoin Services Registrant type: UK Sole Trader Registrant's address: Jape One Business Centre Dell Road Rochdale OL12 6BZ United Kingdom Registrar: One.com A/S t/a One.com A/S [Tag = TJNF-DK] URL: http://www.one.com Relevant dates: Registered on: 23-Dec-2012 Expiry date: 23-Dec-2014 Last updated: 12-Jan-2013 Registration status: Registered until expiry date. Name servers: ns01.one.com ns02.one.com WHOIS lookup made at 00:49:53 05-Jul-2013 |
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articles like this seem to be wrote by one person, that that person bought in at the high price of $250 and is now butt hurt that its worth $88
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..."For myself, I am beginning to get the hang of how you obtain the virtual currency - it is spending it which is the bigger problem. I already had a Bitcoin wallet on my phone, which meant using the ATM at the conference was relatively simple. I showed the machine the barcode which is the public address of my wallet, and once I'd inserted a £10 note into the slot, it popped up as roughly 0.2 Bitcoin on the phone screen within seconds. In all I had 0.7 Bitcoin - worth about £43 at Tuesday's exchange rate. And by this time I was hungry. Sadly, nowhere nearby seemed to take Bitcoin in exchange for food. Evangelists for the crypto currency say it's flexible, durable, secure and transportable. Now all they need to do is make sure it's useable."... I mean seriously, what's the matter with all you 'new wave' corporate types ? Yes. You bring new fiat money and increase public interest in Bitcoin by developing expensive ATM technologies for the masses, but neglect to sell slices of hot Pizza to members of the hungry media ! This is basic Bitcoin economics - lol  so very true, which is why a few of us have been doing the 'flashmob' of informing customer services of http://just-eat.co.uk also the guys behind (at the time named ) walletbit was supposedly speaking to their HQ aswell as other payment services in europe contacting the Euro HQ's.. one success in the US was foodler. but getting Just-eat.co.uk would be a great start to bitcoin UK mainstreaming efforts. the only issues with the UK are: 'Faster Payments' makes wire transfers free and instant lack of easy, free/cheap bitcoin to pound exchanges for high yield merchants. plus other smaller counter arguments. one other thing to highlight about the UK is that the main talent of the community in the UK seem to be veering off towards 'feathercoin' projects. which came to light, during a discussion that most european developers seem to be veering off towards litecoin. im not sure what the future might hold, but with bitcoins dollar dominance, havings something like feathercoin attached to UK Pound, and Litecoin attached to the Euro. might be something that becomes more apparent in the future. |
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giving kids bitcoins is a noval idea. as it avoids that instant urge to spend money in their pocket. and it works well if the parent is also the FIAT exchanger.
the down side
$20 ($100/btc)last week is only worth $16($80/btc) this week.. expect your kids to complain. unlike banks that can put customers on hold for 40 minutes or tell you they wil respond in 48 hours. you cant ignore your kids that easily this week
most other times of the year they would be thanking you.
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What about a game where you put in 0.1 BTC and guess a number and once a day a random 2 digit number is drawn. Any day there is no winner the pot rolls over. Some harmless fun and perhaps a way to get people using Bitcoins. (The 2 digit number - at least at first - ensures frequent winners)
2 digit number.. so i take it maximum of 99 possibilities.. well that makes the jackpot under 10BTC otherwise everyone will put in 0.1 to every number to guarantee a win everytime. |
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this is how i see that bitcoin community SHOULD be thinking about how to develop bitcoin, libertarian movements and everything wrong with the world.. quoted from someone in the 1940's. i wont give it away. http://www.youtube.com/watch?v=CsgaFKwUA6g |
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the problem is simple and the OP pointed it out perfectly. even after 3 years he only knows of 3 main places that sell legitimate products for bitcoins. although i know that there are over 10,000. no one truly knows them all.. the solution: a proper 'yellow pages' for bitcoin merchants. once EVERYONE can see there are thousands of merchants, then it will be far easier for everyone to quote a few names to their own local merchants to say, "come on join the revolution". to further prove the point Gambling is a big market for bitcoin,
i can probably count under 100 gambling 'merchants' for bitcoin. but take foodler for instance. thats many thousand food establishments across america that can deliver locally via bitcoins. so technically food should be the big market for bitcoin. but not everyone realises that all of these businesses exist |
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i better throw 7 million coins between wallets more often then
(joke)
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So, what again does this have to do with Bitcoin? If it's a charity, focus on the charity. Your legal problems are none of our business.
It not a charity. It's the first murder trial offered to be publicized by any bitcoin media outlet. murder happens every day. lets say bitcoinnews done a piece about any random murder.. just like any random murder in the world, how is a peanut allergy (in your case) related whatsoever to bitcoin? ..... waiting for the punchline of your other 14 jokes.. (projects) you want people to hand you money. you sicken me. while your family grieves and your stepdad is in mourning and probably having nightmares about a mistake. and endlessly thinking of things that he could have done differently. you first of all hound him by text messages about a $100k charity in your brothers name. then the next day you meet up with him and continue trying to discuss the charity, and when your step dad tells you he is not in the mood. you call him a murderer, because he doesnt say it with a smile?? now you want the bitcoin community to hand you, a drug dependant scammer, bitcoins to fund a legal battle which you may cancel at any point if he is deemed a good dad, or the end result being a court fine, not jail time. seriously..?? if you had any true brain power and compassion and any belief that your step dad was a murderer, you would have gone to the police. secondly if there were (which there should never be) any legal costs you would be asking your late brothers school/community for dollar donations to fund something of your brain farts magnitude. the only reason you want bitcoins is because you know they are irreversible and semi anonymous so once you receive them you can spend them on silk road and never have to worry about someone who knows you personally, slapping you with a wet fish, because of your scams. if you want to do a smart thing. do project 10 (mason's baseball stuff) sell baseballs, shirts caps in the name of mason to theschool community your brother attended for dollars to fund a legal team or get a bank loan. as bitcoins are wasted on you. again you absolutely sicken me, using a story of a brothers death to feed your silk road habits |
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Edit: i found quotes from fincen to correct 'death and taxes' because due to him also running a MSB business its in his interest to know the brutal truth. but now ill let him leearn the hard way. quotes deleted ill just leave him this to re-learn the truth http://www.fincen.gov/news_room/rp/files/MSB_Exam_Manual.pdf(to show i atleast half helped him) |
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as a guy that likes to search out scammers and shame them. i am afraid to say bitbox.mx is not a shady scamming company. infact if you search fincens website http://www.fincen.gov/financial_institutions/msb/msbstateselector.htmland search 'bit' in the company name and search all states there are only 2 businesses with Bit in their company name that have full MSB licences for all US states. bitbox being one of them MSB Registration Status Information
Date: 06/29/2013
The inclusion of a business on the MSB Registrant Search Web page is not a recommendation,
certification of legitimacy, or endorsement of the business by any government agency.
The MSB Registrant Search Web page, which is updated on a weekly basis, contains entities that have registered as Money Services Businesses (MSBs)
pursuant to the Bank Secrecy Act (BSA) regulations at 31 CFR 1022.380(a)-(f), administered by the Financial Crimes Enforcement Network (FinCEN).
Information contained on this site has been provided by the MSB registrant. FinCEN does not verify information submitted by the MSB.
Information provided on this site reflects only what was provided directly to FinCEN. If an error or incomplete information is detected
on this site, the registrant should follow the appropriate instructions for correcting a Registration of Money Services Business (RMSB) form.
MSB Registration Number: 31000028630016
Registration Type: Initial Registration, Corrected Report
Legal Name: BitBox LLC
DBA Name: BitBox
Street Address: 500 E Washington St, Suite 10
City: Ann Arbor
State: MICHIGAN
Zip: 48104
MSB Activities:
Money transmitter
States of MSB Activities:
Alabama, Alaska, American Samoa, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District Of Columbia,
Federated States Of Micronesia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas,
Kentucky, Louisiana, Maine, Marshall Islands, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri,
Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Northern Mariana Islands,
Ohio, Oklahoma, Oregon, Palau, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee,
Texas, Utah, Vermont, Virgin Islands, US, Virginia, Washington, West Virginia, Wisconsin, Wyoming
All States & Territories & Foreign Flag: All States/Territories
Number of Branches:
Authorized Signature Date: 06/17/2013
Received Date: 06/18/2013 because they are fully licenced they have to BY law set up strict policies and money (dollar) control processes. which they have laid out in their terms and services. by customers not conforming to these terms, makes the customers in breach of the rules. no where in law does it say that customers should be refunded automatically if being investigated as part of fincen guidelines/ company handbook. otherwise wouldnt paypal, banks etc require warrants purely to freeze accounts. no! MSB can freeze an account for any reason deemed high risk.. which strangely enough includes, but is not limited to receiving a warrant order from a court. it may also include other items such as account holder is on a government watch list. received information from a third party, or even simple matters of suspicious amounts. so in short they are not scamming you by asking you for ID. they are simply following the rules, which most customers are not use to, due to the fact that customers have become too comfortable with other non-licenced companies relaxed or lack of policies. thus thinking that no policies is the norm. which infact is not the case this is both a good thing that bitbox is fully licenced, which means they have the experience, training and understanding of how to handle money(dollars). but also the bureaucratic nightmare of government, which bitcoin customers want to avoid. |
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searching the fincen database: http://www.fincen.gov/financial_institutions/msb/msbstateselector.htmlit is nice to see bitquick is FULLY licenced for EVERY US state. States of MSB Activities: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District Of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming All States & Territories & Foreign Flag: All States this is a impressive feet and should be the number 1 thing that makes this company legitimate for handling peoples dollars. Bravo, bitQuick you are one of a very few that can actually say are fully licenced for US customers. may you continue to prosper with all of your efforts. |
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