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1  Bitcoin / Bitcoin Discussion / New FinCEN report (1/27/2015) and its relevance to Bitcoin exchanges. on: January 27, 2015, 05:03:39 PM


FinCEN Fines Oppenheimer & Co. Inc. $20 Million for Continued Anti-Money Laundering Shortfalls

Suspicious Penny Stock trading and Pump-and-Dump Schemes Not Flagged
and Foreign Correspondent Customer Allowed to Conduct Prohibited Activity


From 2008 through May 2014, Oppenheimer conducted business without establishing and
implementing adequate policies, procedures, and internal controls reasonably designed to detect
and report suspicious activity. FinCEN identified 16 customers who engaged in patterns of
suspicious trading through branch offices in five states. All the suspicious activity involved
penny stocks, which typically are low-priced, thinly traded, and highly speculative securities that
can be vulnerable to manipulation by stock promoters and “pump-and-dump” schemes.
Oppenheimer failed to report patterns of activity in which customers deposited large blocks of
unregistered or illiquid penny stocks, moved large volumes of penny stocks among accounts with
no apparent purpose, or immediately liquidated those securities and wired the proceeds out of the

Do you think bitcoin exchanges are properly monitoring and reporting such activities?
2  Economy / Speculation / Predict the next Gox revelation here and win respect from fellow forum members on: February 26, 2014, 03:23:35 PM
I'll go first: Mark has been manipulating trade data since at least last September.

He certainly had the incentive to do so. And we now know he is willing to do almost anything to save Gox, including mislead the public.
3  Economy / Speculation / rpietila says: on: December 01, 2013, 05:49:42 AM
rpietila has given me the private key to his public opinion. He would like to communicate the following:

"Single digits by Friday!"

 Cheesy Cheesy Cheesy
4  Economy / Service Discussion / Coinbase question: max 10 instant buys, what about sells? on: October 23, 2013, 12:40:48 AM
Coinbase recently reduced instant buys to 10 a week. What about sells? My account says I have a daily limit of 50. But no mention of whether any portion of that is instant. Must sell orders wait a few days while Coinbase decides whether to execute?
5  Economy / Speculation / Capitulation = rise in price on: October 21, 2013, 02:58:51 AM
Think about it.
6  Economy / Speculation / What if Gox runs out of Bitcoins? on: October 18, 2013, 07:13:52 PM
I'm starting to see reports in the Service section and on Reddit of delays in withdrawing btc from Gox. It has taken several days in some cases. So far, looks like everyone eventually received their coins.

However, some of Gox's explanations are complete bullshit. For example, when they blame "net congestion." lol. That excuse, along with tapping a cold wallet, will only last so long.

Let's suppose Gox has been selling their btc to meet demand for fiat withdrawals and they are now running low. What happens to the price in USD when it is just as difficult, if not more so, to withdraw btc as it is fiat?
7  Economy / Speculation / Bronn from Game of Thrones on the value of Bitcoins. on: October 13, 2013, 10:49:51 PM
"Bronn: Aye, we talked about it. Have you ever been in a city under siege? Maybe this part's not in your books. See, it's not the fighting that kills most people; it's the starving. Food's worth more than gold. Noble ladies sell their diamonds for a sack of potatoes."

Gold and bitcoin will function similarly in apocalyptic scenarios. If the US defaults and the shit really hits the fan (personally doubt it), your precious bitcoins will be worthless when trying to purchase basic necessities like food.

I am right, you are wrong. Capitulate!

 Cheesy Cheesy Cheesy
8  Economy / Speculation / Gox 24hr volume low: place your bets on: September 21, 2013, 03:39:47 PM
We under 4,000 24hr volume as I type. My bet is 2,000 within 12 hrs. You all owe me 1btc if I'm right.
9  Economy / Speculation / TO: Penny Stock Traders on: August 18, 2013, 10:24:48 PM
How does bitcoin compare (TA and trends)?
10  Economy / Speculation / Miners are unionizing, TIME TO BUY! on: July 07, 2013, 11:12:34 PM
Hey guys, i let you in on a little secret: the largest and most powerful miners are unionizing. They have agreed to take _%_ profits from sales and place bids with that. No requirement to place bids that are likely to be filled. Just within about $10 of current orders. They can be pulled too, without punishment/scolding from leaders. The idea is increase sense of support = temp stimulus until more USD comes to Gox.

So as long as this stimulus can last, it is a good time to buy! My bet is it can last years. It is a virtual certainty that demand/USD shall return within then.


insiders who have emails/forum posts from the union "leaders" plz post so folks here don't think im a liar.
11  Economy / Speculation / Don't worry guys, i got this on: July 05, 2013, 11:02:47 PM
Best time to buy is when blood in streets. Now, it overflows; so, I flood the market with my millions dolarz.

Be prepared.
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