Yeah they are all over it... http://www.rollingstone.com/politics/news/gangster-bankers-too-big-to-jail-20130214

 "The deal was announced quietly, just before the holidays, almost like the government was hoping people were too busy hanging stockings by the fireplace to notice. Flooring politicians, lawyers and investigators all over the world, the U.S. Justice Department granted a total walk to executives of the British-based bank HSBC for the largest drug-and-terrorism money-laundering case ever. Yes, they issued a fine – $1.9 billion, or about five weeks' profit – but they didn't extract so much as one dollar or one day in jail from any individual, despite a decade of stupefying abuses.

People may have outrage fatigue about Wall Street, and more stories about billionaire greedheads getting away with more stealing often cease to amaze. But the HSBC case went miles beyond the usual paper-pushing, keypad-punching­ sort-of crime, committed by geeks in ties, normally associated­ with Wall Street. In this case, the bank literally got away with murder – well, aiding and abetting it, anyway."


They have got bigger fish to fry.... or not fry as the case may be.

 

Just like every bit of good news does not mean $10,000 tomorrow, every naff bit of non news does not qualify for the death of Bitcoin - get a grip.

The market moves, up ... and .... down.

The ISIS "news" is pure BS.

anything that HSBC could get their hands on 

http://www.bbc.co.uk/news/business-18880269

I expect a direct donkey/persian rug correlation - probably a good time to go short on donkeys.

(Donkeys will recover long term though because=Opium  )

I heard that people have already been giving them to politicians, so they do not even need to buy them! 

 

Meh- I can see this being an "issue" and it sticking as one for some people.... and Bitcoin is therefore bad because terrorism, but of course by the same logic $$ must also be bad becuse -  USD=BAD=BECAUSE TERRORISM.

I wonder how many of the local "terrorist supply shops" accept Bitcoin?  buy one get one free on a jihad special if paid for in bitcoin? ffs

(edit: rare Persian rugs could be used to fund terrorism, diamonds too, gold, artwork, etc etc maybe they should all be banned as well)

Yeah I agree.

I am still expecting the Pope   and just general metathesiophobia

Relevant : http://preferredembodiment.com/why-patents-matter-to-bitcoin/

QUOTE

“You can’t patent Bitcoin because…”
“…it’s already been invented”

On its face, this is a true statement.  The concept of a peer-to-peer payment system relying on proof-of-work and a blockchain ledger is already in the public domain.  It is also a true, however, to say that interacting with bitcoin is currently prohibitively difficult for the average person.  Cryptocurrency is currently awkward and not yet finished being invented.  Companies like Western Union, Visa, and eBay are not patenting “bitcoin”. They are patenting the novel recombinations of bitcoin’s basic building blocks as well as ancillary technologies which will make interacting with the cryptoeconomy and easier and better.  Cryptocurrency is a hotbed of innovation and experimentation with many of its developments being patentable.   Some of these ideas appear to be very foundational to the future of cryptocurrency.  Western Union’s patent on using an automated assessor to help trade bitcoin, and patents like it, may hold prominent control over the future use of bitcoin-related technologies.This is a real threat to the nascent cryptoeconomy.  Mainstream tech companies know this threat all too well.  Patents from the infancy of the internet have been recently surfacing to sue Podcasters, online retailers using “shopping carts”, and people using scanners.  These cases cost millions of dollars in legal fees and accomplish very little good for the community.
“You can’t patent bitcoin because…”
“…bitcoin is Open Source”

Again, sure…  You may feel some personal duty to open source your cryptocurrency invention but no one is under any obligation to follow your lead.  In the US, the right to file for patent protection on anything novel and unobvious invention stems from the Constitution and trumps any open source agreement that you and you buddies might have.  Many of those who want to limit cryptocurrency and maintain the status quo have large budgets and brilliant engineers tasked with developing and patenting the next big thing in bitcoin.  They have every right to patent their innovations and exclude us from their use for the next 20 years.Just so we are clear: there are thousands of patents which cover various embodiments of “open source” technology. For example, there 362 patents relating to Linux have which have been asserted in 1208 different patent lawsuits. Microsoft owns hundreds of Linux related.  A “portfolio licensing” company called IP Innovations has alone filed 24 separate patent infringement lawsuits for a company’s use of the Linux Kernal.
“We shouldn’t patent Bitcoin because…”
“…patents are Bad”

Admittedly, the nature of patents as a government granted monopoly over an idea is a controversial one in our modern technology driven economy.  This debate will rage for decades to come.  Regardless of where your loyalties lie, everyone can agree that patents are very powerful tools that can be used to limit the adoption of a technology.  The 3D printer community didn’t realize this and its growth has been hampered for the last 20 years. With traditional transaction companies actively patenting cryptocurrency related technology, opting out of the system is not wise.Engaging the patent system is good for the cryptocurrency community for many reasons:Patents are an effective deterrent to patent litigation.  Except for a few notable exceptions, competing entities with large patent portfolios rarely sue each other.  Typically, cross-licenses are signed which allow each company to compete on the quality and usefulness of their offerings.

Patenting clarifies the prior art.  Patent examiners only have a limited time to look for prior art and they typically look to the patent database first because it is well-indexed and they are familiar with how to navigate it.  Additionally, a granted patent is proof that a technology has been formally “enabled”, and therefore prior art, rather than simply envisioned which may not be.

Getting a patent on your invention gives YOU the choice about how the technology is used. In our first-to-file patent system, two competitors may independently invent the same technology.  The patent goes to the first inventor to file a patent application.  If you choose not to patent your invention because you want to “free” the information, it’s still possible that your competitor may obtain a patent on the same invention and exclude everyone from its use.  It is better to patent the technology and then make an active decision to free the information.
“We shouldn’t patent Bitcoin because…”
 “…We should open source everything”

Patents are powerful tools we can use to shape our economy.  As builders and innovators, these tools are laid at our feet by the liberal democracies in which we live.  If we decide not to pick them up and these tools only reside in the hands of those who want to stop cryptocurrency, they will do so without a fight.  Open sourcing your innovation may give you warm fuzzy feelings  but it does nothing to actually keep your technology “open”.  Those with the patents will decided which technologies are offered to the public and at what price.  The Cryptocurrency Defense Foundation asks you to make a better choice.  Patent your innovation and license it freely to all those who agree to respect the openness of the growing cryptoeconomy.  For those who intend to use the patent system to retard the adoption of cryptcurrency, let your patent stand as a strong deterrent.

hmmmm .....dem done got hacked... (unless it was a crazy ass glitch)

Someone was asking what the next fud was going to be? guess it was not the pope

Is it written in the tea leaves? 

Something rational like .... the pope has been speaking with God and God says that Bitcoin is barrrd

Something you know really rational like that...

pffft

<Tumbleweeds>

I wonder which will come first.... a stock market crash, a bond market crash, or a colossal fuck up from Government "x" or "y"  (Edit I think we are not a million miles away from one or the other, or worse a cascading 3 out of 3)

Also I am still curious as to how such an event, will affect Bitcoin..... will the "flight to perceived safety" favour Bitcoin or not?

I tend to think.... at first... maybe not.... shudder... though a short time afterwards... that could be interesting...

It will certainly test the steel of the balls of some hodlers, and could turn out to be an amazing buyng opp.

 
(Edit: Also I wonder if BTC will have surpassed its previous ATH (or even goes on another parabolic run) before the time such an event comes to pass...
if so then I think we will see some crazy action)

Spain Issues Retroactive 0.03% Tax on Bank Deposits to "Boost Economic Growth and Job Creation"

Sounds legit

Sideways can be exciting.. but this weekend/ since the auction is just getting to me.. making my mouse finger twitch....

That the European banking authority, should be warning anyone about Bitcoin, is a riot... considering the state of the ECB ...... I think that there would be bigger fishes to fry.

Talking of riots...  


Edit: Fraudulent thieving insolvent bloated bureaucratic parasitic outdated conniving heartless largely irrelevant terminally ill rotten to the core bunch of fucking crooks... I think I am paraphrasingJean-jacques Rousseau here

yup... everyone knows... I was just having a bit of a moan.  July 4th weekend too.

Can only go sideways so long.............. jus sayin.... I am bored.

Hopefully rest of July should be more fun.

Sidewayyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy yyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyys

Yawwwwwnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnn nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnns