Nice. Do they ship to the USA? Just wondering.

I found out from my Ukrainian friend that the reason the Chinese are investing in Ukraine is there a special type of rich fertile soil that you need to grow food crops with and Ukraine is only one in the region that has it.

I highly doubt that Russians will make a move. Once you cut off raw materials like for growing food crops. No country will allow you to do it. I believe if the Russians do invade. The Chinese will stop them because no country wants another country owning something so vital and important. The very least will strain there relationship which will never be good.

I wish the US government doesn't treat BTC as currency but commodity. The fact is in the US, all these states need money. By subjecting it to MSB laws. Only the select few can trade. No one wants to go to jail or pay incredibility large amounts of fines.

I am actually happy that New York is going to come out with Bit Licenses that will allow us to trade BTC without being subject to MSB laws. MSB laws are just insane for any state.

I am actually in the process of finding the factory that is going to make the 1 TH/S dragon miner. Would anyone want the miner if I can find it for around 4000-4500?

I feel we miners got to stick together.

Hi everyone

What is going on with BTC prices? Its getting me little scared that the price is dipping by the day. Is there panic going beside the Gox issue, and Nakamoto issue?

I appreciate the comments. I was thinking of starting small like localbitcoins in china and eventually grow it. Start small and see how it goes. Has anyone used local bitcoins in China?

I believe Putin is using it as scare tacit. He does not want to see his personal wealth vanish like vaporware. He would cause economic disaster if he did that. Its more words than action Is worth tanking all the economies around the world and your personal wealth for ukraine. Russia already controls most of it anyways. I just believe the smart action that Russia should do if they really want the Ukraine is what the US has been doing, economic sanctions. Not rolling in tanks and troops. It looks like your war monger.

Even the Chinese the closest Russian Ally is bit weary about the position. Let say Russia does roll in with guns and troops in Ukraine and takes it over completely. It would piss off so many countries who have a vested interested in Ukraine. Now the contracts that they made are invalid.

Russia imports a lot of its food. So to see it cutting it ties with a lot of countries over the Ukraine. Is not a smart idea.

I agree. I believe its just bad news for this whole month. I feel the Gox issue is still fresh in everyone's mind. It really hasn't died out as it should.

The problem is keep money at exchanges. Let not forget these are not banks and NOT FDIC insured. Its like wild wild west. Everyone needs to transfer in and out with there wallets.

I never understood why would someone ever leave more than 5 BTC or even 3 BTC at an exchange. Its a lot of money to be throwing nether less some are leaving hundreds.

I just feel the best course of action for any of these exchanges is getting insurance.

If I can find it for better price than 5,999$ would anyone be interested in purchasing at that point. All the prices are overkill. Thanks

I am planning to get a whole slew of them. I might be able to talk them down from pricing.

I just wish the hackers out there would just stop hacking exchanges. Its no good to anyone if these exchanges keep on getting hacked. BTC won't reach above 1000$ mark if there is news on continuous loss of coins due to hacking. Its bad. Also the US government needs to ease up. With this MSB service crap. No other country has such a strict guideline like the US. Its equal to getting a liquor license here to even be considered as MSB which is totally BS. IF the US continues down a path of unnecessary regulation of the small guy. Its going to drop anchor on its own foot.

He is done for. He is going to be mining a lot coal at this point to pay everyone back. Unless he wins the lottery that 400 million dollars. he will never have a penny to his name.

Now Joe is going to look stupid. The Russians are reconsidering BTC lol. I love the world.

I never said that, "Canada is USA's bitch." YOU SAID THAT. Canada is its own beast. How you doing A? lol
On serious note. Canada is driving force in energy for North America.

Fusion is the way to go. A lot safer and cheaper.

Yeah I consider Canada as the reserve. Canadians are the life line of oil,natural gas, and water. Although if we include Fracking. The US can always keep its head above water. Also we have saudis.

US needs clean energy. I heard the fusion technology is going to be the next step.

Hi everyone

I was wondering if anyone had any experience of running the 1 TH/S dragon miner for long periods of time longer than an 24 hour. Is it worth the buy. Thanks

The 1 TH/S dragon miner seems a good buy for the price.

So what advice can you offer? I am just throwing out a comment so I can get some input.

I personally want to start a service in China. Help wealthy individuals to move there cash out of China into the US and EU. I plan to setup a BTC OP over there.

The problem with the chinese climate in Asia Pacific is restrictiveness of the currency and outflow of RMB. I want to help bring capital back to the US and EU with Bitcoin. I plan to setup accounts in the New York City and London. I am hoping the Bit License will allow me to do MSB services in NY. While in London I plan to do use the bank as port to transfer funds from BTC to Sterling pound or the Euro.

Want some suggestions from anyone in the EU or US on what licenses I would need. I don't want to end up as Mark Karapeles. The Feds confiscating millions of dollars.

Any suggestions?

Just want to get everyone's input and theories about the restrictiveness of BTC in China and Russia.

My guess after reading the article of Nakamoto really identity. Is the US Gov contracted and movers of BTC because of hoarding that Chinese and Russians have been doing by restricting currency outflow to the US and EU.

We all know that everything is made in China or oil/gas is from Russia. I hope BTC will change playing field because we are getting hit hard with trade imbalances.

The problem with Putin ideology is that he won't just hurt US, but Russia itself. 200 Billion. It will tank other economies like the Chinese. The Chinese won't be happy at that point. Let face it, we are all interconnected now. No matter its rubbles, USD, or the RMB. We are all interconnected and have too much to lose.

Russia needs to sell that oil and gas. What are you going to do with stock pile of it? for what? The United States has enough reserves to last them more than Putin's lifetime. So then what?

By no means I associated with Coinsetter.com beside hedging my BTC from my mining OP and goods that I sell and turn into BTC. I definitely want to give high props to the CEO of Coinsetter.com

I had an issue with trading. I place a bunch of market order BUYS and then system froze. I understand no system is prefect. I trade currency too. Had my fair share of issues with Currency.

Although I want to give high props to CEO Jaron for coming through. He was nice and went the extra mile. He also issue me refund for trades lost. This is how Bitcoin companies should treat there customers.

By all means anyone into Forex trading/hedging/longing against USD or any fiat currency should trade at Coinsetter especially if you want a US exchange to be establish here to all Americans.

The trade fees might be a little high but the sense of security and someone that on top of their platforms is really important to me. Plus they are right in New York City.


Let me know if you have any questions or comments.