Richy_T
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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June 11, 2013, 07:57:05 PM |
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The biggest threat to Bitcoin right now IS regulation.
+1 can't argue with that I do. The biggest threat to regulation is Bitcoin  |
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"You Asked For Change, We Gave You Coins" -- casascius
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ElectricMucus
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Marketing manager - GO MP
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June 11, 2013, 07:57:44 PM |
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rpietila is back guys
I think he is the most bullish news we have had in awhile. Look at the market go! About to break 110 after the 80s, what a recovery! Hahaha |
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TheKoziTwo
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June 11, 2013, 08:00:03 PM |
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The biggest threat to Bitcoin right now IS regulation.
+1 can't argue with that I do. The biggest threat to regulation is Bitcoin I like the sound of that  |
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 11, 2013, 08:01:01 PM |
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Coinseeker
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June 11, 2013, 08:05:55 PM |
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Too much of anything is a bad thing, I don't disagree. But the results of zero regulations is equally damaging as has been proven time and again throughout history. Balance is what is needed. Not too hot, not too cold but just right.
If this is true then Bitcoin would and should fail since it is the antithesis to regulation. If you don't like coffee, you don't drink tea and then complain that it doesn't taste like coffee enough. Fine by me...and welcome. |
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Richy_T
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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June 11, 2013, 08:06:31 PM |
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rpietila is back guys
Would have been more punchy if you'd included the "kicking down the door" gif. |
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Rampion
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Activity: 1148
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June 11, 2013, 08:11:30 PM |
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The biggest threat to Bitcoin right now IS regulation.
+1 can't argue with that I do. The biggest threat to regulation is Bitcoin This is what scare guys like coin seeker, it feels so warm and comfortable in FEDs bosom, or using Ripple, the final "debt+trust as a currency" centralized system.... BTC its not only internet's cash, free as a bird and superior by orders of magnitude to its paper counterpart, it's also regulated by math and not by those who have the power to press the button of the money printing machines. A lot of power to the people, gentlemen. |
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Ivanhoe
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June 11, 2013, 08:15:53 PM |
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rpietila is back guys
Would have been more punchy if you'd included the "kicking down the door" gif.  welcome back rpietila |
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KS
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June 11, 2013, 08:17:12 PM |
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The biggest threat to Bitcoin right now IS regulation.
+1 can't argue with that I do. The biggest threat to regulation is Bitcoin This is what scare guys like coin seeker, it feels so warm and comfortable in FEDs bosom, or using Ripple, the final "debt+trust as a currency" centralized system.... BTC its not only internet's cash, free as a bird and superior by orders of magnitude to its paper counterpart, it's also regulated by math and not by those who have the power to press the button of the money printing machines. A lot of power to the people, gentlemen. I think that, like in every market, BTC is regulated by whalemath. Liquidity is an obvious issue and Bitcoin would greatly benefit from a simplification of the exchange with fiat. It's a PAIN to get into Bitcoin. Exchanges should (probably) also work closer together to allow for more arbitrage opportunities. |
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Rampion
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June 11, 2013, 08:22:28 PM |
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The biggest threat to Bitcoin right now IS regulation.
+1 can't argue with that I do. The biggest threat to regulation is Bitcoin This is what scare guys like coin seeker, it feels so warm and comfortable in FEDs bosom, or using Ripple, the final "debt+trust as a currency" centralized system.... BTC its not only internet's cash, free as a bird and superior by orders of magnitude to its paper counterpart, it's also regulated by math and not by those who have the power to press the button of the money printing machines. A lot of power to the people, gentlemen. I think that, like in every market, BTC is regulated by whalemath. Liqidity is an obvious issue and Bitcoin would greatly benefit from a simplification of the exchange with fiat. It's a PAIN to get into Bitcoin. Exchanges should (probably) also work closer together to allow for more arbitrage opportunities. True. Buying your first Bitcoins is slow. Deciding to throw serious money at it is a lengthy process, first you need to feel confident with its "shaky" infrastructure (Gox et. al).. This is why it's a huge opportunity to be into BTC now, because money flow to BTC is much slower than it could be. When real money starts to pour in, there will be a bubble of epic proportions. All time high $ on Gox order book is $23M, imagine a market depth of hundreds of millions... Per exchange  |
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Odalv
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Activity: 1400
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June 11, 2013, 08:24:41 PM |
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I think that, like in every market, BTC is regulated by whalemath. Liquidity is an obvious issue and Bitcoin would greatly benefit from a simplification of the exchange with fiat. It's a PAIN to get into Bitcoin. Exchanges should (probably) also work closer together to allow for more arbitrage opportunities.
It would be fine for Bitcoin and traders but not for monopoly exchange. |
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Coinseeker
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June 11, 2013, 08:28:52 PM |
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This is what scare guys like coin seeker, it feels so warm and comfortable in FEDs bosom, or using Ripple, the final "debt+trust as a currency" centralized system....
BTC its not only internet's cash, free as a bird and superior by orders of magnitude to its paper counterpart, it's also regulated by math and not by those who have the power to press the button of the money printing machines.
A lot of power to the people, gentlemen.
Power to the rich people and massive coin holders. No different than the current banking and government status quo. Just nerdier. |
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Rampion
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Activity: 1148
Merit: 1018
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June 11, 2013, 08:43:06 PM |
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This is what scare guys like coin seeker, it feels so warm and comfortable in FEDs bosom, or using Ripple, the final "debt+trust as a currency" centralized system....
BTC its not only internet's cash, free as a bird and superior by orders of magnitude to its paper counterpart, it's also regulated by math and not by those who have the power to press the button of the money printing machines.
A lot of power to the people, gentlemen.
Power to the rich people and massive coin holders. No different than the current banking and government status quo. Just nerdier. What you say is that wealthy people rules, well thats how capitalism works, and Bitcoin was never designed to address that. Its just the most neutral form of money you can conceive. And "the current banking system and government status quo" face a huge, game-changing challenge with Bitcoin, only that by itself is a huge step forward. |
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MAbtc
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June 11, 2013, 08:48:40 PM |
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So much ideology ITT, so little talk of price movement. Oh I guess there is no price movement. Until this wedge breaks and we see some more big dumps.  |
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Richy_T
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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June 11, 2013, 08:51:06 PM |
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The big speculators are easy to beat. Just don't play their game.
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Rampion
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Activity: 1148
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June 11, 2013, 08:52:37 PM |
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The big speculators are easy to beat. Just don't play their game.
BUY??? SELL???  |
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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June 11, 2013, 08:54:42 PM |
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The big speculators are easy to beat. Just don't play their game.
BUY??? SELL??? yes both! |
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ChartBuddy
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Activity: 2170
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 11, 2013, 09:00:30 PM |
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KS
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June 11, 2013, 09:01:40 PM |
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I think that, like in every market, BTC is regulated by whalemath. Liquidity is an obvious issue and Bitcoin would greatly benefit from a simplification of the exchange with fiat. It's a PAIN to get into Bitcoin. Exchanges should (probably) also work closer together to allow for more arbitrage opportunities.
It would be fine for Bitcoin and traders but not for monopoly exchange. They "just" need to agree on margins. No reason anyone should be cheated. Also, more trades = more money for the exchanges. |
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Coinseeker
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June 11, 2013, 09:03:56 PM |
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This is what scare guys like coin seeker, it feels so warm and comfortable in FEDs bosom, or using Ripple, the final "debt+trust as a currency" centralized system....
BTC its not only internet's cash, free as a bird and superior by orders of magnitude to its paper counterpart, it's also regulated by math and not by those who have the power to press the button of the money printing machines.
A lot of power to the people, gentlemen.
Power to the rich people and massive coin holders. No different than the current banking and government status quo. Just nerdier. What you say is that wealthy people rules, well thats how capitalism works, and Bitcoin was never designed to address that. Its just the most neutral form of money you can conceive. And "the current banking system and government status quo" face a huge, game-changing challenge with Bitcoin, only that by itself is a huge step forward. We'll just have to agree to disagree on the "game-changing challenge". $1 billion market cap?? Laughable at best. It's not even a drop, of a drop in the bucket. They're not worried. Not at all. |
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