The bitcoin community thinks only payment processors, not banks are affected. But that's not the only interpretation. http://imgur.com/c6NANbM (screenshot of live tweet) http://coinchomp.com/2014/01/26/live-blog-north-american-bitcoin-conference-day-2/http://www.linkedin.com/in/malcolmcasselle (profile of speaker at Miami bitcoin conference 1/26/14) this is happening live at the Miami bitcoin conference. “They also said that Banks could not perform withdraws for the purpose of Bitcoin purchases, [...] that sent a chill through the bitcoin ecosystem”.
is that referring to withdrawals for bitcoin purchases at exchanges or something else? however, it's already explicitly stated that you can not price things in bitcoin. im starting to think this is referring to exchanges. Malcom Casselle: “… China made it illegal to price things in Bitcoin… ”
Malcom: “So that’s the current state in china – you’re not allowed to use 3rd party payment provider, you’re not allowed to deposit money into your Bank account for Bitcoin.”
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The Nobel Laureate pronounced that bitcoin was a return to the dark ages because at present there is very little clarity surrounding the crypto currency.
Wow. Pot meet Kettle. Only an economist could think the alternative has more clarity than bitcoin. Maybe it's because I have a CS degree and spent 5 minutes reading the Bitcoin whitepaper, and he only know economics. In fact, he spent about a decade getting that all "clear". Both systems are machines. Bitcoin just replaces the soft squishy parts with math. This adds clarity, IMO, since the squishy parts are known for their fickleness. Since when does that make you qualified to comment on economic issues? And no just because it's easier for you to think about the financial industry as a machine doesn't make it right. If you are a scientist you'd know that making statements about other fields outside your profession is not only frowned upon but also a very stupid thing to do.
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Did you click that link or just paste it? I did both, either way you are right that there isn't called something like a "Nobel price for economic sciences" but it isn't "only a price sponsored by a big bank in Sweden" either.
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The impact the fax machine had on business was pretty serious, in that way krugman was right.
Some of you weren't around in those early days of the (public) internet, but let me tell you on the height of the dotcom bubble so much of this bullshit was going on that krugmans quote entirely makes sense in that context. People claimed to be in a new paradigm where accounting and business models do not matter any more. It was an "idea guy economy"...
On the topic, you guys seem pretty mad about that, eh?
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I like how that coincides with the deadline.
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Robert Shiller, Yale Professor of Economics, and two other professors from the University of Chicago - Eugene Fama and Lars Peter Hansen - won the Nobel Prize in 2013 for their research into market prices and asset bubbles.
Beargasmic!
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When it is proven that someone has spread false information intentionally, there should be a scammer tag applied.
uh, uh, uh, look who's mad!
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Not new, registered almost a year ago. I just lurk. There's some really intelligent discussion on these forums.. but also some serious trollage. Regardless, maybe Forbes and Wired and Vice and all of them are foolish enough to fall for my evil genius hoax(?!).. and you in your infinite wisdom are smarter. you are the one smug about it. For all I care it's all bullshit, the emails, the article, the disputing and your association with the whole thing.
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Blah, blah, blah it's always the same with this kind of stuff. You got busted, and if google hadn't used the same exact terminology to deny it there would be a margin for interpretation. But now there is not.
This is what the rest of the world thinks, and of course there is broad support in this forum for this kind of hoax, but they'd cheer for everything as previously mentioned.
Excuse me.. busted? Busted doing what exactly? I think vindicated is a more appropriate word. Are you suggesting the emails were fake and Sridhar didn't say what I attribute? take a hint. Taking credit for something like that in form of a new bitcointalk forum account and posting here, on the speculation forum can also have to do with it, maybe.
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Blah, blah, blah it's always the same with this kind of stuff. You got busted, and if google hadn't used the same exact terminology to deny it there would be a margin for interpretation. But now there is not.
This is what the rest of the world thinks, and of course there is broad support in this forum for this kind of hoax, but they'd cheer for everything as previously mentioned.
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Don't try to move the market you idiots, try not to...
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Mtgox is out of business already. It only takes some time for the brain to realize.
This has to do with plasticity and physiology of the human brain.
Some people have faster neurons though.
As long as people wire them cash there in business, period. You make me laugh, you think someone wires them money? seriously? Did you? Gneeheehee My posts are usually slightly humorous. And no, I didn't wire them money but there is always somebody who does. And if they are insolvent and still operating, again their business model has changed, now if you don't get that....
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Mtgox is out of business already. It only takes some time for the brain to realize.
This has to do with plasticity and physiology of the human brain.
Some people have faster neurons though.
As long as people wire them cash there in business, period. It's just that their business model that may have changed...
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they will be around much longer and will continue to play an important role in the market, the spread won't grow much larger than 35%, and maybe we even have seen the highest spread already.
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bids on gox are running away.
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lol and Huobi is moving down.
You know it's getting bad when you've got your eyes glued on the minute scale! continue to pay >0.5% fee sucker.
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lol and Huobi is moving down.
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