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3801  Bitcoin / Bitcoin Discussion / Re: Interacting with fiat institutions [such as the SEC], a guide on: March 20, 2014, 05:30:32 AM
The SEC is doing what it's supposed to be doing - investigating stock trading of unregistered investments.

MPEx, "The Bitcoin Securities Exchange" is the problem. It doesn't matter what the stocks are denominated in. They're still investments. People have tried to get around this before. One scheme paid off in oranges. It was still a security.

Remember GBLSE? Any questions?

So are the 'SEC' in charge of all foreign economies now ?
QFT!!! They're way out of their jurisdiction.

People simply fail to grasp that Bitcoin - and cryptocurrencies generally - absolutely supercede the authority of any single nation state, as cryptocurrencies are the first DECENTRALIZED WORLDWIDE CURRENCIES to EVER EXIST! The financial industry doesn't know how to handle this because it is re-writing the rules!!

Bitcoin is sovereign, the world just hasn't figured it out yet.

All fiat currencies are zombies, waiting to implode and rot away. The world just hasn't figured it out yet.

And given the political shitstorms coming within the next two decades, this process may happen surprisingly and dangerously quickly.

Bitcoin having to "interact" with the SEC is tantamount to an age 18-24 internet user having to "interact" with a fax machine to get some document to their out-dated, irrelevant government.

In other words, a cringe-worthy, ritual charade.

P.S.
Stop thinking in terms of months and years, start thinking in terms of decades, and realize fiat is already dead, and by comparison crypto is relatively immortal.
3802  Economy / Speculation / Re: Bitcoin is bound to rise if another 5 billon RMB comes in on: March 20, 2014, 03:53:55 AM
i think a lot of the stolen gox coins are being slowly dumped on the market in the last 2 weeks which is
the reason for the steady decline from $640 to $600.
Smart monkey.
3803  Other / Meta / Re: Altcoin section is out of control, expect even more bullshits on: March 20, 2014, 03:52:41 AM
remove the whole section from this site already.
This.
3804  Bitcoin / Bitcoin Discussion / Re: The Bitcoin environment seems toxic right now... has it felt like this before? on: March 20, 2014, 02:07:47 AM
this removal of newbie section, removed the filter that was helping to reduce random comments of panic, scamming and offtopic ramblings
Makes me wish this forum was set up like Reddit with upvoting
3805  Bitcoin / Bitcoin Discussion / Re: Nakamoto in Denial on: March 20, 2014, 02:06:41 AM
I am Satoshi.
3806  Bitcoin / Bitcoin Discussion / Re: The universal question... on: March 19, 2014, 07:38:55 PM
Cryptocurrency is very simply put, a much better, smarter, more efficient, more modern way to do money than fiat is(soon to be was).

The problem of hyperinflation has been solved. This invention is already ushering in a new era of innovation and creativity in the financial realm, as we speak!!

I live in NYC and let me tell you, if you are hanging with the tech-savvy crowd, people are talking, people are thinking and putting together businesses around this technology RIGHT. NOW.

The ones who get it right, and do so early are going to be tycoons in the digital currency era. The ones who cling to fiat too long will be left in the dust, and there will be no going back.
3807  Bitcoin / Bitcoin Technical Support / Re: help please on: March 19, 2014, 06:10:39 PM
You really cheaped out on the transaction fee there.
3808  Bitcoin / Bitcoin Discussion / Re: The universal question... on: March 19, 2014, 06:07:38 PM
For me Bitcoin isn't about profits (although I've done very well having gone "all-in" before the china spike), and it isn't about anonymity (it's pseudonymous anyway, not anonymous).

For me, Bitcoin is about cutting out the banksters and oligarchs that are ruining global society. Bitcoin is the most subversive technology on the planet right now, and that's why I like it.

Food for thought: http://www.youtube.com/watch?v=e__m-w4N7NI
3809  Bitcoin / Bitcoin Discussion / Re: If Bitcoin Remains Impractical, Treasury Will Let It Be on: March 18, 2014, 10:09:17 PM
Cryptocurrency is to fiat currency what teleportation is to the road.

This teleportation is a new technology, terrifying and dangerous. Very few people are bold enough to be among the first to step inside.

This fact changes nothing, long term. Eventually, no one will bother with the road, as the age of teleporation has dawned.
3810  Bitcoin / Bitcoin Discussion / Re: Dubai 400 Bitcoin ATMs in 2 weeks on: March 18, 2014, 05:29:16 PM
Can ATM do DOGE?
DOGE is a fiat-coin scam, and no one should support it!
3811  Other / Beginners & Help / Re: QUICK REPLY NEEDED - Anyone recommend me a safe/Reliable BTC wallet ?? on: March 18, 2014, 05:27:08 PM
I use coinbase.com to store 5% of my BTC (for spending and trading for $ as needed), and a brain wallet for my life savings. Be very careful with brain wallet if you decide to go that route, you really need to do your homework and choose a passphrase that has never been written down anywhere, in any book, on any forum, or ever even spoken to anyone on Earth. It must be something ONLY YOU could possibly know, and you must know it BY HEART, forwards and backwards, inside and out.
3812  Economy / Service Discussion / Re: Mt. Gox Knew It Was Selling Phantom Bitcoin 2 Weeks Before Collapse on: March 18, 2014, 05:23:51 PM
yep! of course. and thats only the tip of the iceberg. he is a fat dirty liar since years.
QFT. I can't believe anyone is at all surprised by this, it was just so fucking blatant!
3813  Bitcoin / Bitcoin Discussion / Re: Dorian hires lawyers for BTC denial on: March 18, 2014, 05:29:06 AM
If I was Dorian I would sue does scumbags for millions. Those reporters accusing him and even posted his address and pictures endangers the life of Dorian and his family.
I could not agree more. It's absolutely horrendous how this man has been treated. It's disgusting if he's NOT Satoshi, and even more awful if he is, as that would make him a hero of our time.
3814  Other / Off-topic / Re: Wanna hear a funny story? on: March 18, 2014, 05:26:20 AM
No I do not want to hear a story, but thank you for asking. Also, see my signature.
3815  Alternate cryptocurrencies / Altcoin Discussion / Re: Juba - The first cryptographic coin to promote peace in the Middle East! on: March 18, 2014, 05:22:59 AM
Epic fail.

Just another alt pump and dump.

If Middle Easterners want to get into crypto, the only valuable coin for them is bitcoin.
QFT and /thread
3816  Bitcoin / Bitcoin Discussion / Re: Nonstop Negativity on: March 18, 2014, 05:21:39 AM
Are we to believe the money trust, robber barons and money changers care that much about little ole you and me and our finances??

You are being mind fucked.
This person speaks like a sage, and burns brightly with the light of truth.

Make no mistake, this is an information war. A war for hearts and minds. The oligarchs who depend on mass-deception are fighting desperately for their survival.
3817  Economy / Service Discussion / Re: Kinda frustrated with Overstock's lack of selection on: March 18, 2014, 05:18:08 AM
It's only a matter of time before Bezos gets his shit together and starts accepted BTC on amazon.com

The shareholders demand maximization of profit. By not accepting Bitcoin, amazon is not maximizing profit, and that is breaking the law.

Every publicly-traded corporation MUST maximize profit to shareholders, this is in their LEGALLY BINDING CHARTER. I'm sure they are just waiting for the legal-fog to clear.

It is literally malfeasance for a corporation not to do everything it legally can to maximize its profits.
3818  Economy / Service Discussion / Re: Blockchain.info down? on: March 18, 2014, 05:15:00 AM
Just going to plug coinbase.com now, because it's a great company.

3819  Bitcoin / Bitcoin Discussion / Re: I made this video on the ostracism happening against Bitcoin libertarians on: March 17, 2014, 02:20:39 PM
Libertarians: Anarchists minus critical thinking about capitalism.
3820  Other / Off-topic / Re: How many in U.S.A. believe that Bitcoin is the one world money in the End Days? on: March 17, 2014, 02:19:11 PM
I get dumber ever day by visiting this forum...
LOL too true.
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