elux (OP)
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Activity: 1458
Merit: 1006
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June 02, 2015, 10:39:37 PM |
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Fakhoury
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Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
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June 02, 2015, 10:53:51 PM |
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Where have you been man, I missed you really. Why Bulls tends to leave the forum, am I the last Bull standing :S Kindly show up more often than this, we need you
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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elux (OP)
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Activity: 1458
Merit: 1006
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June 02, 2015, 11:38:18 PM |
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Remember that one time... when Bitcoin went from sub 200 into this... IN ABOUT A MONTH? http://bitcoincharts.com/charts/bitstampUSD#rg10zczsg2013-10-01zeg2013-12-04ztgSza1gEMAzm1g9za2gEMAzm2g21zvGet caught up in the troll invasion. Get caught up in the block size FUD. Lose sight of the bigger picture. At your own peril. When this starts going, it could go to $50 Billion dollar market cap. Who knows what the real catalyst will be, this time, but if the media goes crazy, and the general public follows Wall St. into buying on the Bitlicense. You best be prepared.
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Fatman3001
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Activity: 1526
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Make Bitcoin glow with ENIAC
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June 03, 2015, 12:04:42 AM |
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Remember that one time... when Bitcoin went from sub 200 into this... IN ABOUT A MONTH? http://bitcoincharts.com/charts/bitstampUSD#rg10zczsg2013-10-01zeg2013-12-04ztgSza1gEMAzm1g9za2gEMAzm2g21zvGet caught up in the troll invasion. Get caught up in the block size FUD. Lose sight of the bigger picture. At your own peril. When this starts going, it could go to $50 Billion dollar market cap. Who knows what the real catalyst will be, this time, but if the media goes crazy, and the general public follows Wall St. into buying on the Bitlicense. You best be prepared. I approve of this message
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"I predict the Internet will soon go spectacularly supernova and in 1996 catastrophically collapse." - Robert Metcalfe, 1995
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goxed
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Activity: 1946
Merit: 1006
Bitcoin / Crypto mining Hardware.
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June 03, 2015, 12:05:46 AM |
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Remember, this Lawsky guy will soon be quitting office and getting full on into crypto realm.
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Revewing Bitcoin / Crypto mining Hardware.
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lyth0s
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Activity: 1260
Merit: 1000
World Class Cryptonaire
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June 03, 2015, 12:43:08 AM |
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Remember, this Lawsky guy will soon be quitting office and getting full on into crypto realm. Excellent business model. 1) Create difficult legal maze that everyone has to go through 2) Setup consulting office to show people how to get through maze 3) Profit On a lighter note, if businesses and wall street "need" bitlicense before they have any balls to start innovating with bitcoin, then fine I will applaud Lawskey for at least paving the legal road for them. But props to all the companies that are currently working on blockchain tech and that are most likely in more favorable jurisdictions than New York or the USA...
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elux (OP)
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Activity: 1458
Merit: 1006
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June 03, 2015, 03:55:38 PM |
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Bitlicense is here! No more uncertainty.Headlines are starting to tick in: New York regulator issues final bitcoin rules NEW YORK, JUNE 3 | BY KAREN FREIFELD AND GERTRUDE CHAVEZ-DREYFUSS
New York state issued on Wednesday its final rules for virtual currencies such as bitcoin, easing regulations on the type of companies that could apply for a license.
Benjamin Lawksy, superintendent of financial services for the state of New York, said the new digital currency rules known as the "BitLicense" will focus on overseeing financial intermediaries only. Lawsky made the remarks on Wednesday at the BITS Emerging Payments Forum in Washington.
"There is a basic bargain that when a financial company is entrusted with safeguarding customer funds and receives a license from the state to do so - it accepts the need for heightened regulatory scrutiny to help ensure that a consumer's money does not just disappear into a black hole," said Lawsky.
As a result, the new rules would not apply to software developers, individual users, customer loyalty programs and gift cards, currency miners, nor to merchants accepting it as a payment. (Reporting by Gertrude Chavez-Dreyfuss and Karen Freifeld; Editing by Chizu Nomiyama) Love it or hate it. I figure Lawsky just cracked the door open for Big Money.
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gotmilk_
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June 03, 2015, 04:09:03 PM |
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Bitlicense is here! No more uncertainty.Headlines are starting to tick in: Bitcoin will be in all media today/tomorrow and reason for it will not be some exchange hack!! If nothing else more people will hear about it
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Fatman3001
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Activity: 1526
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Make Bitcoin glow with ENIAC
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June 03, 2015, 04:43:41 PM |
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I know it's not classy to quote yourself. But I'm not classy.
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"I predict the Internet will soon go spectacularly supernova and in 1996 catastrophically collapse." - Robert Metcalfe, 1995
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wlefever
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Activity: 1174
Merit: 1001
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June 03, 2015, 05:03:53 PM |
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Bitlicense is here! No more uncertainty.Headlines are starting to tick in: New York regulator issues final bitcoin rules NEW YORK, JUNE 3 | BY KAREN FREIFELD AND GERTRUDE CHAVEZ-DREYFUSS
New York state issued on Wednesday its final rules for virtual currencies such as bitcoin, easing regulations on the type of companies that could apply for a license.
Benjamin Lawksy, superintendent of financial services for the state of New York, said the new digital currency rules known as the "BitLicense" will focus on overseeing financial intermediaries only. Lawsky made the remarks on Wednesday at the BITS Emerging Payments Forum in Washington.
"There is a basic bargain that when a financial company is entrusted with safeguarding customer funds and receives a license from the state to do so - it accepts the need for heightened regulatory scrutiny to help ensure that a consumer's money does not just disappear into a black hole," said Lawsky.
As a result, the new rules would not apply to software developers, individual users, customer loyalty programs and gift cards, currency miners, nor to merchants accepting it as a payment. (Reporting by Gertrude Chavez-Dreyfuss and Karen Freifeld; Editing by Chizu Nomiyama) Love it or hate it. I figure Lawsky just cracked the door open for Big Money. Nice! Glad to finally see this Remember, this Lawsky guy will soon be quitting office and getting full on into crypto realm. Excellent business model. 1) Create difficult legal maze that everyone has to go through 2) Setup consulting office to show people how to get through maze 3) Profit On a lighter note, if businesses and wall street "need" bitlicense before they have any balls to start innovating with bitcoin, then fine I will applaud Lawskey for at least paving the legal road for them. But props to all the companies that are currently working on blockchain tech and that are most likely in more favorable jurisdictions than New York or the USA... +1
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elux (OP)
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Activity: 1458
Merit: 1006
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June 03, 2015, 05:04:48 PM |
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Bitcoin will be in all media today/tomorrow and reason for it will not be some exchange hack!! If nothing else more people will hear about it Tens or hundreds of millions of people have heard about Bitcoin, right? But, most of these people have learned everything they know about Bitcoin from a news story. Or three. Specifically, most people who have heard of "Bitcoin" at all have heard about it in context of either: 1: Mt. Gox 2: Silk Road 3: Bubbles! Now... What happened today is: Bitcoin just went from "Monopoly money you can buy drugs with." To "regulated financial product" in the New York, the world's financial capital. This will legitimately surprise people. The media builds up and tears down. This gives them a new angle to work with. Salaried, non-neckbearded people will sit up in their chairs and take a second look. And (some of them) will discover the wonders of magical internet money.
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ragi
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June 03, 2015, 05:12:28 PM |
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Did it happened? I am kinda out of the loop today...
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no.
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Paashaas
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Activity: 3521
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June 03, 2015, 05:13:22 PM |
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Those faces the're pulling when they realizing that Bitcoin is legit after all...priceless! Anyway, Ben Lawsky did a good job i expect great results. The door has opened for a new and first legit rally
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elux (OP)
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Activity: 1458
Merit: 1006
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June 03, 2015, 06:46:08 PM |
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elux (OP)
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Activity: 1458
Merit: 1006
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June 03, 2015, 07:13:36 PM |
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Bitlicense is here! No more uncertainty.Headlines are starting to tick in: Love it or hate it. I figure Lawsky just cracked the door open for Big Money. more coverage... and from who?
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Hunyadi
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☑ ♟ ☐ ♚
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June 03, 2015, 07:19:06 PM |
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Bitpay and Bitlicense!
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▂▃▅▇█▓▒░B**-Cultist░▒▓█▇▅▃▂
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Wexlike
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Activity: 1473
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June 03, 2015, 07:31:43 PM |
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And now imagine these kind of news at the end of 2013. We would have touched 4k.
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Amph
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June 03, 2015, 07:55:06 PM |
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And now imagine these kind of news at the end of 2013. We would have touched 4k.
i would go ahead and say probably 4k without the fake pump, all natural growth, so with the help of willy bot and chinese a even higher number
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Meuh6879
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June 03, 2015, 08:39:39 PM |
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Bitpay and Bitlicense!
so ... coinbase exchange can now open ? joke of the day ...
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Natalia_AnatolioPAMM
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June 03, 2015, 09:01:25 PM |
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And now imagine these kind of news at the end of 2013. We would have touched 4k.
that's pity now these rules don't work that way
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