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Author Topic: Look at the Price and Facts People  (Read 6363 times)
clickbangdone (OP)
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June 08, 2011, 04:40:54 AM
Last edit: June 08, 2011, 04:53:46 AM by clickbangdone
 #1

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?



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mewantsbitcoins
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June 08, 2011, 04:44:05 AM
 #2

You do realize that's not Gavin?  Grin
Litt
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June 08, 2011, 04:44:49 AM
 #3

once bitcoin is controlled by government, it is as good as dead. Not that it ever will be.
Dobrodav
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June 08, 2011, 04:45:50 AM
 #4

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.

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June 08, 2011, 04:57:24 AM
 #5

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.

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Dobrodav
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June 08, 2011, 05:02:36 AM
 #6

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
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June 08, 2011, 05:04:07 AM
 #7

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

His interpretation of 'good guys' was pretty scary.

 
Dobrodav
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June 08, 2011, 05:08:52 AM
 #8

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
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June 08, 2011, 05:11:17 AM
 #9


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?

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June 08, 2011, 05:25:47 AM
 #10

This is exactly what I wanted to hear.  To survive Bitcoin must work with government.  This is a buy signal.
clickbangdone (OP)
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June 08, 2011, 05:26:53 AM
 #11

Quote
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
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June 08, 2011, 05:28:39 AM
 #12

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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?

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June 08, 2011, 05:31:33 AM
 #13

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 (OP)
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June 08, 2011, 05:38:30 AM
 #14

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
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June 08, 2011, 05:46:50 AM
 #15

I agree. Nothing has ever been done without great assistance from government employees before. Nothing.
str4wm4n
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June 08, 2011, 06:06:01 AM
 #16

government is for those who cannot govern themselves
clickbangdone (OP)
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June 08, 2011, 06:12:30 AM
 #17

government is for those who cannot govern themselves

I guess that's why the bitcoin exchanges are following government rules
Maxxx
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June 08, 2011, 06:20:54 AM
 #18

government is for those who cannot govern themselves

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

Only the public exchanges.

Time is money. This means that if you have spare time, you can use it to make money.

Modular, open, and stack-able miner case.
Jaime Frontero
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June 08, 2011, 06:25:13 AM
 #19

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
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June 08, 2011, 06:57:19 AM
 #20

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 Smiley

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