Hi guys. Or girls.... Who am I kidding, hi guys.
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There is nothing to do about the price. This is a true free market and the price of a bitcoin is determined by supply and demand. Like nature, free markets don't care how much money your making or loosing. If the price drops to $20 / BTC it is because that is the "right" price.
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I have taken to saying hello to the NSA when calling my friends overseas.
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Quote from John Lyons, CEO of the International Cyber Security Protection Alliance: "As highlighted by the latest initiative by the United States to arrest some of the suspects that were involved in Liberty Reserve (a group indicted for money laundering that ran a $6 billion worldwide operation out of Costa Rica), alternative payment mechanisms, such as Bitcoin and a host of others, can enable criminal and terrorist groups to launder money and fund their operations. Governments of the world have the ability right now to ban these payment mechanisms." From page 60: http://www.newsdeskmedia.com/files/G8-UK-2013.pdfAnyone know much about him or who might take his suggestion seriously? Don't know? But this is laughable: "Governments of the world have the ability right now to ban these payment mechanisms." He is totally wrong about that. In fact, I double dog dare him.
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We will see what shakes out, but most of what I have heard is about regulating US Dollars, not bitcoin. It is regulating the sale of bitcoins for dollars. I don't understand the position of speculators who want to trade BTC back and forth for dollars and not pay tax or be subject to regulation. If you want to use dollars you are choosing to use their money and must play by their rules. Just stick to bitcoins and free yourself from that nonsense. Cut the cord.
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I hope everyone realizes that regulation WILL happen, and it is NOT your choice. It will be regulated by countries all over the world and subject to international laws on trade. This is not a "choice". It is and will remain law, whether one works with regulators or not. I suppose if you think tax evasion is a way to avoid cooperating then you could do that, of course you may go to jail.
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FT is a bigboy money mag. Good news!
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Hey CClark80, I'm not going o call you a scammer, you might be a saint. But there have been so many scams that I doubt anyone will take your offer without escrow. It really would be foolish on their part.
EDIT: Also, you have waited until the day you need the money to do anything about it. This does not inspire much confidence, especially since you seem to need it for your drug dealing business.
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I don't have any kids. But if I did I would also teach them to resist any kind of tyranny. Crypto, weapons, survival... Hey, we should arrange a playdate! lol I read this guys book last year and I thought he made a good case for our relative freedom. Here is his TED talk. http://www.ted.com/talks/steven_pinker_on_the_myth_of_violence.htmlHopefully our luck won't run out and see a slide into some kind of Orwellian future. With people like you and me and our kids, anyone oppressing us is at least going to get hurt trying.
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However it is not unreasonable that the government demand their share of tax revenue, just like all other commerce.
I have to disagree. This government has proven itself nothing but unreasonable. The unreason that emanates from DC results in more evil than good in this world. They may be able to force some people and exchanges to pay up with the usual threats, but why would a reasonable person willingly want to cooperate with evil? We are not so far apart. I don't think the US gov is "evil" though. If I did I would not only not pay taxes, I would fight them on the battlefield. But this is not Syria. I think of governments like people. They are a complicated mix. sometimes acting foolishly or even against the people. But at least here we have hope to change things. Even in my lifetime I have seen bad ideas turned upside down. When I was born it was illegal for a black man to marry a white woman. And look at how far we have come with legalizing drugs, or solidifying our right to carry firearms. It is far from perfect, and probably trending in the wrong direction, but it is worse for most people on Earth. In fact I live in one of the safest place and times in all human history. No one has been as free as we are now.
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I suppose if you have built your world around the idea that the government is an evil institution who's secret plans are to get you, then you will read this as evidence of their scheming. The evidence of their scheming is the fact that the US govt. has just admitted to the largest spying operation, on its own citizens, in history. f your problem is that any regulation is unwelcome, then stick to shitcoins. If you don't like BTC, why do you hang around this forum? Let me explain. First the shitcoin thing. Shitcoin is one of the many alt coins out there. I do not think it has a future at all, so I was suggesting that bitcoiners who want to live tax free should focus on such an alt coin and leave bitcoin alone. Bitcoin does have a future. I am NOT a fan of regulation and feel that regulation often "kills the golden goose". However it is not unreasonable that the government demand their share of tax revenue, just like all other commerce. Without guidance on how that will be accomplished few serious businesses will risk accepting BTC for payment. That is why I welcome some non-destructive regulation. I don't like how my taxes are used. As you point out the government is not without scandal and has done many immoral and illegal things. But that is another issue.
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I thought that yesterday URSAY said they were clearing a large backlog of orders. Perhaps it is related to your delay?
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It's really not that bad. If you actually want to participate here then you won't have any problems getting out of the newbie jail.
I agree. If you are annoyed because you can't post your loan request or your sophomoric rant, then you are not ready to post in the general forums. Spend sometime reading and searching instead. You will likely find that it has all been talked about before.
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Those people are also being spied on. It seems fair that they should also have a voice.
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Hola e Bienvenido!
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I suppose if you have built your world around the idea that the government is an evil institution who's secret plans are to get you, then you will read this as evidence of their scheming. Here in the real world a document like this is a welcomed addition to the legal precedent. It is the most positive document I have yet seen from a regulatory body. You can all send FinCen a tip from the profit you are about to realize due to this.
If your problem is that any regulation is unwelcome, then stick to shitcoins. Under no legal scenario are you going to be able to make fiat money off bitcoin and not pay taxes. The moment you turn your BTC into $USD you are using THEIR money and must play by THEIR rules. You can't have it both ways.
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Nice. Let's just give you our personal correspondence!
He can get in line with countless marketers, the NSA, the Peoples Republic of China, etc...
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Finally, someone without this crazy paranoia. Amen. It's freakin open source dude. Where is anything hidden from anyone?
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Alt coins are mostly useless. That is why they are not listed there.
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Did you guys even read it? This is a positive sign.
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