Here is why the *china is investing in bitcoin* thesis *could* be bullshit: Yuan trading volume appears to be cannibalizing Euro trading volume. This can be explained with two different things: At first, it was the cheaper or free trading fee schedule of Chinese exchanges. Later it's also propping up the *China is investing in Bitcoin* -myth, You can see a graph consistent with this thesis here: http://data.bitcoinity.org/#caaabbdiaaThis is easy and convenient to do for traders who are also in the forex market, Dollar/Euro and Dollar/Yuan pairs are both very popular and available for cash-outs in both directions. hate along
|
|
|
Mike Tyson — 'Everybody has a plan until they get punched in the face.'
|
|
|
the working class is buying in china and they have free time on the weekends.
Any evidence to support that hypothesis or is that just made up because "It might probably be true" ?
|
|
|
Actually that's pretty damn coincidental...last online on the 22nd, when was the 'hack' again? I smell sockpuppet.
Is it possible to give him a posting break for excessive sockpuppeting? I mean come on, Matthew was banned for trolling, please? I mean scammer or not, he's inciting Drama on a regular basis, and it gets old.
|
|
|
IF luke JR and mike hearn add their patches into the next version of bitcoin to be more government friendly. and people are left to decide to upgrade to this new QT update.. lets call that update the U.SGovcoin. and people vote on moving over to U.SGovCoin or staying with bitcoin in its current state
you know they are going to play dirty and make it seem like the is just a regular update its up to us to make some noise the beauty of open source.. even though it will take time to read the code to find Mike H and Luke J's patches, they will be found Bitcoin is using free Github, which has forced openness of the repository, so that isn't even necessary.
|
|
|
I just don't come to the same conclusion you are. If Coinvaluation wants to provide a sweaky-clean Bitcoin variant some people might want to chose that. Everybody else would just use Bitcoin as it is. I don't think I have use for the things Coinvaluation plans to provide, but if other people think they do what do I care?
coinvalidation is not a protocol change.... its a business advisory service to help businesses make policies for AMLKYC. this is not a big deal as its voluntary for use their database and services. but mike hearn and luke JR's stuff are bitcoin PROTOCOL changes which cant be ignored. people will have to make a choice if these idiotic idea's ever get implemented Right, but why do people act like they are the same thing, or even related?
|
|
|
I just don't come to the same conclusion you are. If Coinvaluation wants to provide a sweaky-clean Bitcoin variant some people might want to chose that. Everybody else would just use Bitcoin as it is. I don't think I have use for the things Coinvaluation plans to provide, but if other people think they do what do I care?
|
|
|
The US government will force merchants which sell stuff you'd like to buy to make business with CoinValidation which will going to force you to make business with CoinValidation if you want to buy stuff you'd like to buy.
Is there anything substantial which would suggest that to be true? The fact that this 3 guys aren't stupid so they certainly know that their business model will fail if it not helped by US law enforcement. And we can reasonably guess that the regulators will love that idea and make it theirs. In other words there isn't.
|
|
|
Who's gonna force me to do business with coin valuation?
Who's gonna force me to do business with health insurance? Who provides it?
|
|
|
The US government will force merchants which sell stuff you'd like to buy to make business with CoinValidation which will going to force you to make business with CoinValidation if you want to buy stuff you'd like to buy.
Is there anything substantial which would suggest that to be true?
|
|
|
it wont stop money laundering , they keep telling us " don't worry all you have to do is mix your coins and you are safe " outrageous!
Or I could just not sign up at Coinvaluation.
|
|
|
That didn't answer my question, should Coinvaluation be able to do business with the Goverment or not?
Actually they won't do business with government, they will do business with customers who are forced by the government to do business why them. And it should appear very wrong for any person which think free market is something valuable. You just said "doing business with the goverment" 2 posts above. Which one is it. Who's gonna force me to do business with coin valuation?
|
|
|
That didn't answer my question, should Coinvaluation be able to do business with the Goverment or not?
|
|
|
is there anything I can do with it to boycott/in any way obstruct their work ?
No Free market bitch. Doing business with government is not free market. o rly? Why should there be an exception? Just think of them as a really big cooperation. Coinvaluation should be able to do business with that cooperation shouldn't it?
|
|
|
is there anything I can do with it to boycott/in any way obstruct their work ?
No Free market bitch.
|
|
|
This thread is stupid, this board is stupid, Bitcoin is stupid.
|
|
|
The bearish wedge is still there, I guess being dragged out all the way to the apex. Maybe it breaks somewhere after the senate hearings.
The only way that wedge can still exist on Monday is if it goes up some more between now and then. If it just flat lines for 48 more hours, it won't qualify as a wedge anymore, just consolidation at highs. That's now how bitcoin works. It doesn't just go up, consolidate on low volume, and go up more. There needs to be violent movements and recoveries on high volume with buys of thousands of btc at a time to give people confidence and refuel the rocket. what is this bearish wedge that you are talking about? i can't see it, could you post a graph or something. what time frame are you referring to? You are right, overall it's still going up. http://data.bitcoinity.org/#ccacdfcfaa
|
|
|
It seems like you have no idea what "ponzi scheme" and what "racism" means... In United States political dialogue, a racist is "someone who disagrees with me". No
|
|
|
|