Look at the Price and Facts People

[clickbangdone]

This is so classic I can't believe nobody saw this coming.

Just like stocks bitcoin has climbed a wall of fear.

The wall of fear really started here when Gavin announced his meeting with the CIA 4/27/2011
http://forum.bitcoin.org/index.php?topic=6652.0

Price Rises

Sunday 6/5/2011 Senator Charles Schumer Pushes to Shut Down Online Drug Marketplace and mentions bitcoins as a way to launder money.


Price Rises


Then today Garzik is on CBS News video-->http://www.cbsnews.com/8301-504943_162-20069780-10391715.html

Price Rises


I have a feeling that before or right after the CIA conference on 6/14/2011 we will see a correction in the price.

Listen to what Garzik said on the CBS interview. It doesn't sound like bitcoins will be as uncontrolled as most people on the forum thought it would.........The authorities will know who you are , governments will control it and oversee it.

It really is the only way for bitcoins to survive but to survive as what?

[mewantsbitcoins]

You do realize that's not Gavin? 

[Litt]

once bitcoin is controlled by government, it is as good as dead. Not that it ever will be.

[Dobrodav]

Gavin, is politician in nature. He did not want any troubles for bitcoin in start of bitcoins rise. He is ready almost to anything to buy more time for bitcoin. You can take him serious, and that will serve for good.

[hawks5999]

I am so much dumber for having watched that CBS clip and listening to those dumb people on the couches talk.

Can someone please explain how the heck Kevin Pollack has a word of input in a discussion about BitCoins? I'm baffled by his useless presence in that piece.

[Dobrodav]

Well, there is always was a hope, that he will stand up and show his miracle ass, or another part, that makes girls hot.

[bitjet]

Is anyone else as disgusted as I with Garzik's comments in the interview?

His interpretation of 'good guys' was pretty scary.

 

[Dobrodav]

He was just listen carefully to Gavin. That is a public relation, you know. And Gavin work hardly to buy more time for bitcoins to start.
Edit: Or Gavin listen carefully to him, that dos not matter.

[charliesheen]

I have a feeling that before or right after the CIA conference on 6/14/2011 we will see a correction in the price.

And what is the correct exchange rate for 2 fiat currencies that have different rates of growth?

[modster]

This is exactly what I wanted to hear.  To survive Bitcoin must work with government.  This is a buy signal.

[clickbangdone]

And what is the correct exchange rate for 2 fiat currencies that have different rates of growth?

Who knows.
It seems to me the US government is allowing it and already has a plan for it and if that's the case you can say goodbye to the global buyers of bitcoins.  

[charliesheen]

And what is the correct exchange rate for 2 fiat currencies that have different rates of growth?

Who knows.
It seems to me the US government is allowing it and already has a plan for it and if that's the case you can say goodbye to the global buyers of bitcoins.  

What are you trying to say then?

[Dobrodav]

I am think he want to say, that there is will no buyers in other countries.
They will start another chain, independent from bitcoin chain. Like you now USD and EUR. Something like that.
And this can happen, by the way.

[clickbangdone]

I am think he want to say, that there is will no buyers in other countries.
They will start another chain, independent from bitcoin chain. Like you now USD and EUR. Something like that.
And this can happen, by the way.

This could have been the plan all along anyway. That way each country can control their own VC. I agree with the whole premise of bitcoins but come on guys did you really think the governments of the world would let you create a currency without them.

[imperi]

I agree. Nothing has ever been done without great assistance from government employees before. Nothing.

[str4wm4n]

government is for those who cannot govern themselves

[clickbangdone]

government is for those who cannot govern themselves

I guess that's why the bitcoin exchanges are following government rules

[Maxxx]

government is for those who cannot govern themselves

I guess that's why the bitcoin exchanges are following government rules

Only the public exchanges.

[Jaime Frontero]

government is for those who cannot govern themselves

I guess that's why the bitcoin exchanges are following government rules

Only the public exchanges.

heh.

+1

[TraderTimm]

The best part about 'regulated' exchanges is it placates the government. Until they realize later that bitcoin's overarching goal was to supersede being exchanged into a local currency. At that point they'll bluster and call out "No Fair!", but we'll be too busy having fun to notice much