Is Bitcoin popular, or easily accessible in Portugal???
portugal is part of the EU. all one need to do is a sepa deposit to bitstamp |
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His is modified, that's not normal
yea i just realized i had installed the extended front end on that one (been a while since I touched it) |
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when i try to run: screen -x ltcp2pool I get: There is no screen to be attached matching ltcp2pool. Also, for some reason my UI is showing up as plain text, what did I miss? see http://54.217.221.172:9327/static/note: I am running this on AWS |
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Cmon at this point anyone with over 100 posts is pretty much an expert, over 500 a master, 1000 grandmaster and over 2000 they have no life
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Oh boy someone just doesn't get it.... you have to test the regulatory waters and provide liquidity...
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Love that responce letter, it shall be interesting to see the follow up on this.
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stop spreading FUD, well unless you think it might drive the price down so I can get some cheap BTC }:)
If you really believe that one person posting on a forum is going to drive the price down, then your faith in BTC is even less than mine . . . let that sink in a little  Relax, I'm merely posting my analysis of the situation. it was a joke |
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DO NOT GET EXCITED ABOUT GOX REGISTERING WITH FINCEN!!!This posting might deserve it's own topic but since I'm also the OP on this post, WTF, I can do whatever I want  I, for one, am NOT feeling any better about Gox since their FinCen announcement. I do enough BTC trading where I'm also in the process of registering as an MSB. You have to understand that there are TWO registrations, one federal and one with the state. So I'm not excited about Gox because (1) FinCen registration is actually quite simple. If you already have a business incorporated and a business bank account, FinCen registration literally takes a few minutes, it's just one form and its very straightforward. Its not even something you would need a lawyer for. You simply need to give FinCen the name of your bank and bank account (for monitoring, I presume) and you have to acknowledge/promise that you have KYC policies in place and that you will comply with all reporting requirements (CTR, SAR, etc). And thats it, it literally takes less than 30 minutes to fill out. But for Gox, its GREAT publicity, sounds proactive, makes your feel like things are happening . . . but FinCen registration is really not complex. The hard part REALLY comes in with state registration. (1) because of the young nature of BTC its still unclear whether you need to register in all 50 states or just your primary state. (2) very, very few states have created a policy on MSBs and virtual currencies. So even the state Gox is registered in may ask them to wait for a policy paper BEFORE allowing MSB operations in that state (and thats assuming that they dont need to register in ALL 50 states!). and (3) state registration is where the real fees come in. At that point you will have to post a bond. Depending on the state, this can be into the millions of dollars. You wouldnt have to come up with the entire amount, I'm sure there's bond brokers for that, but its not a small expense if you decide to do a few states - do all 50 and it can cost you quite a bit. I will only feel better about Gox when they resume USD withdrawals THIS THURSDAY AS PROMISED. Until then, this FinCen registration is nothing but a red herring designed to make you feel better, nothing more. You are over analyzing this. 1st of all bitinstant is already registered in 30+ states as of a May interview from what I recall, so if what you propose is even remotely true how did they accomplish such a feat? 2nd, Gox of all the exchanges is capable enough to handle the fees... And as far as the 180 day thing goes, the company that is registering is likely a new US corporation owned by the corporate parent,where ever they may be located from, thus there is no 180 day issue... The regulators ultimately want the compliance info... stop spreading FUD, well unless you think it might drive the price down so I can get some cheap BTC }:) |
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you know that feeling you get in your gut after something has had a good run and you have the feeling that the ground underneath you is about to crumble?  that's when you sell, not when you are already down 10%+ - nothing wrong with taking profit.
>>WHAAAYYY!!!!!!Do I get a free drink? lol |
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you know that feeling you get in your gut after something has had a good run and you have the feeling that the ground underneath you is about to crumble? that's when you sell, not when you are already down 10%+ - nothing wrong with taking profit. |
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1) there is little new money flowing in
2) there is money flowing out to pay for all these asic's being produced
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I get interested in bitcoin in early May'2013, so I am a late-comer here, been doing lots of research, built a couple of mining rigs with 4 GPU's, getting around 1.5 Gh/s, seen the value of btc fall from $140 to $120 to $100 currently. Yes, over the long term the value has gone up from $2(?) a year or so ago; however, the short term trend right now is slow falling.
Simply, there are too many coins for sale. Probably the ASIC mfg/holders need liquidity, so they are dumping coins as fast as they mine them.
...and there is not enough activity going on in the bitcoin ecosystem to absorb it. Anyone know the volume of purchasing activity on SR over the last 6 months? |
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Was this 8k wall at 90 pulled or eaten?
well judging that 15k+ traded in 60 seconds, down to 89, looks like eaten |
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Eventually $0.01 again.
highly unlikely in the next 60 days, the poll ends Aug 31, 2013 |
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UPDATE
there has been a trade on bitstamp for 84.51...
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Capitalism is not as good as you think if it comes to the point where 1% of the population owns 90% of the money. It's hard to find examples of honest trade, rather more and more poverty and slave labour while the fat pigs get fatter.
This sort of thing doesn't happen in capitalist systems. It's socialist societies, like the USA, that have these issues. Yes it does. They are definitely not mutually exclusive. Please look up what the terms mean. Capitalism involves, among other things, the private ownership of the means of production and private property (and accumulation thereof). Whereas this is not the case with Socialism, strictly speaking. As you may be aware the USA has a very strong history when it comes to protecting private property rights, likely stronger than any other country on this planet. It's absurd to call the uSA a socialist society, as much as it is to call Cuba, for example, a capitalist society. |
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