The Bullish Bitcoin Media Center (The ONLY Bullish Bitcoin News Thread)

[Fakhoury]

News URL : http://bitcoinprbuzz.com/worlds-first-bitcoin-friendly-bank-nextbank-announces-upcoming-launch-establishes-nb-formation-company/

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[Fakhoury]

Robert Peston (major UK economic pundit) talks about digital currency taking over the world (kinda), refs bitcoin. Seg starts @ 5:15

News URL : http://www.bbc.co.uk/programmes/b06j2gg2

[Fakhoury]

News URL : http://www.dailyreckoning.com.au/its-time-to-uber-the-big-banks/2015/10/21/

[n2004al]

I mentioned this but this doesn't create the internal bitcoin black market. The existence of the internal bitcoin black market was the question about was the discussion. That is the first thing.

The second is that I cannot understand how is possible that the price goes at the sky as you pretend if they cannot mine but only buy bitcoins from the exchanges out of their country. The price of those exchanges cannot be moved by the buy of bitcoins from 100 or 200 people. There is not internal bitcoin black market. The reasons are in the previous post. If don't exist the internal bitcoin black market I don't see any way in which can be changed or even exist an internal price of bitcoin.

Third I doubt that in those countries are to many the people with big money which have no power and need to hide its money. If you have power in those countries you don't need to hide those. If you have no power you have no money, or at least big money. If you are a criminal and have money I doubt that they can by bitcoin. But it will be so the criminals are very few and cannot have any weight in the movement of the price of bitcoin. Cannot have never.

Four, you must read the restriction they had in internet and the possibility of access on it by the normal people.

Five, you must understand the power of political dictatorship on these countries and the enormous fear that this nomocracy raise to everyone in doing not allowed things. In North Korea Kim Jong-Un killed 15-16 very high political people (all between the most loyal people of its father and even his aunt's husband). They was, until the moment of their death at the top of the power. In this kind of countries people have fear even from themselves. It is normal when you see such kind of things.

The above factors reduce at minimum the number of the people which are able to do things against the rules imposed by the political party and its leader. The above things and the difficulty of their life make the people to not think about bitcoin and not to have in mind to skyrocket its price (if will have the possibility or the power tom do such thing).

I will reply tomorrow my friend, stay tuned

Very curious and can't wait....  

Edit: I see to many errors in my post (now that I'm reading it again). It was written in the late night and I have my eyes semi closed by the sleep. But you never forget your duty my friend....    You have to do a big job in finding my errors....  

[Dexter770221]

Status of Bitcoin in EU clarifies:
http://www.coindesk.com/bitcoin-is-exempt-from-vat-says-european-court-of-justice/

[dothebeats]

Status of Bitcoin in EU clarifies:
http://www.coindesk.com/bitcoin-is-exempt-from-vat-says-european-court-of-justice/

Good to hear that. I wonder if US would like to follow suit? VAT exemptions could probably ease the expenses of our friends who only gets their income via bitcoin.

Haven't looked at this thread yet, and I must say the aura in here is generally good! 

[n2004al]

Status of Bitcoin in EU clarifies:
http://www.coindesk.com/bitcoin-is-exempt-from-vat-says-european-court-of-justice/

Wonderful and very big news. A big step ahead. Maybe now the Central Banks of every country and first of all the European Central Bank will act according to them who are the most rigid (professionally) people in interpreting the laws. After those even the single Governments and the European Commission with the needed agencies connected with this news.

[Fakhoury]

Very curious and can't wait....  

Edit: I see to many errors in my post (now that I'm reading it again). It was written in the late night and I have my eyes semi closed by the sleep. But you never forget your duty my friend....    You have to do a big job in finding my errors....  

Loool, I will do my best dear

1. It's not a must that you mine to sky-rocket the price, buying means volume and volume means price movement

2. You will always need to hide your money if you play it dirty or to pay less taxes.

3. Regarding internet restriction, there will always be a way to access the net. Plus, don't forget physical bitcoins and Localbitcoins or persons selling bitcoin in person for cash.

4. Regarding North Korea, check Localbitcoins volume in Russia

Errors :

1.

I mentioned this but this doesn't create the internal bitcoin black market. The existence of the internal bitcoin black market was the question about was the discussion. That is the first thing.

2.

There is not no internal bitcoin black market

3.

Third I doubt that in those countries are to too many the people with big money which have no power and need to hide its their money.

4.

Four, you must read the restriction they had in on internet and the possibility of access on accessing it by the normal people.

5.

Five, you must understand the power of political dictatorship on in these countries and the enormous fear that this nomocracy raise to everyone in doing not allowed restricted things.

[Fakhoury]

Status of Bitcoin in EU clarifies:
http://www.coindesk.com/bitcoin-is-exempt-from-vat-says-european-court-of-justice/

Thanks for the awesome and amazing news Dexter, 10/10

Good to hear that. I wonder if US would like to follow suit? VAT exemptions could probably ease the expenses of our friends who only gets their income via bitcoin.

Haven't looked at this thread yet, and I must say the aura in here is generally good! 

I guess US will follow sooner or later.

Regarding the thread, and as you are a bullish friend, I would like to see you here

[Fakhoury]

News URL : http://www.virgin.com/entrepreneur/how-developing-economies-are-going-cashless

[Fakhoury]

News URL : https://www.reddit.com/r/Bitcoin/comments/3pt2k4/rmillionairemakers_has_partnered_up_with/

[Fakhoury]

News URL : http://www.coindesk.com/research-examines-compatibility-of-public-and-private-blockchains/

[Fakhoury]

News URL : http://cointelegraph.com/news/115453/worlds-first-school-to-issue-academic-certificates-via-bitcoin-blockchain

[Fakhoury]

News URL : https://bitcoinmagazine.com/articles/six-questions-to-make-sense-of-the-european-court-of-justice-decision-on-bitcoin-vat-1445533402

[Fakhoury]

News URL : https://twitter.com/beautyon_/status/657225214485467137

[Fakhoury]

News URL : http://blog.goabra.com/2015/10/22/democratizing-payments-for-everyone-abras-merchant-apis/

[Fakhoury]

News URL : http://www.forbes.com/sites/laurashin/2015/10/22/american-express-invests-in-bitcoin-venture-abra-which-announces-u-s-philippines-launch/

[Fakhoury]

News URL : http://www.coindesk.com/bitcoin-startup-abra-moves-to-launch-mobile-remittance-app/

[Fakhoury]

News URL : http://blog.spectrocoin.com/2015/10/purchase-amazon-co-uk-gift-cards-with-bitcoins-at-spectrocoin/

[Fakhoury]

News URL : http://www.telegraph.co.uk/finance/economics/11946412/Defiant-Portugal-shatters-the-eurozones-political-complacency.html