stereotype
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Activity: 1554
Merit: 1000
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June 12, 2013, 04:59:07 PM |
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but then, do you want to attract the attention of the EU?
What do you mean? This can swing both ways, good or bad. If you attract the attention of the EU officials (in Brussels, you cannot *not* bump into them), you put BTC on the EU map which is potentially a good thing, but you also risk exposing it to unwanted regulation, which could be a hindrance. I'd be interested to know how things turn out in Helsinki. Would you be surprised if senior members of HM Government (HMRC/MOD/Treasury), are talking to prominent members of the UK Bitcoin community? The attention phase has passed. Oh, I think it's just starting. It started a few months ago, and is a continuing dialogue. |
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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wolongong
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Activity: 66
Merit: 10
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June 12, 2013, 04:59:35 PM |
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but then, do you want to attract the attention of the EU?
What do you mean? This can swing both ways, good or bad. If you attract the attention of the EU officials (in Brussels, you cannot *not* bump into them), you put BTC on the EU map which is potentially a good thing, but you also risk exposing it to unwanted regulation, which could be a hindrance. I'd be interested to know how things turn out in Helsinki. Maybe a stupid question from my side, however i could not think of a answer. How do you see Brussel ( or an other government ) regulate Bitcoin? Once they start there will be no end. In no time you will have to prompt your peers for permission before adding them to peers.dat.. put a big warning sign saying THIS IS NOT MONEY on any physical bitcoins.. register all your addresses with the ECB.. their imagination has no end. They even regulate how deep your tractor is allowed to make tracks on your own farmland. |
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ShroomsKit
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June 12, 2013, 05:00:25 PM |
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This is the "unknown" type of stuff that can make BTC run again. Another Cypress and we all saw what that did to BTC.
Actually, no, we didn't. Maybe you work better with pictures.  "On 25 March 2013, a €10 billion bailout was announced in return for Cyprus..." Note, it was talked about before it happened. Just look at mid to late March and what followed. Clearly no coincidence.  Sorry, not seeing. Do you have any proof? Or just a guess presented as a fact? |
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ChartBuddy
Legendary
 Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 12, 2013, 05:00:36 PM |
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Its About Sharing
Legendary
Offline
Activity: 1442
Merit: 1000
Antifragile
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June 12, 2013, 05:03:52 PM |
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This is the "unknown" type of stuff that can make BTC run again. Another Cypress and we all saw what that did to BTC.
Actually, no, we didn't. Maybe you work better with pictures. "On 25 March 2013, a €10 billion bailout was announced in return for Cyprus..." Note, it was talked about before it happened. Just look at mid to late March and what followed. Clearly no coincidence. Sorry, not seeing. Do you have any proof? Or just a guess presented as a fact? My bad, must have been one of those coincidences... |
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hlynur
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June 12, 2013, 05:05:56 PM |
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Once they start there will be no end. In no time you will have to prompt your peers for permission before adding them to peers.dat.. put a big warning sign saying THIS IS NOT MONEY on any physical bitcoins.. register all your addresses with the ECB.. their imagination has no end. They even regulate how deep your tractor is allowed to make tracks on your own farmland.
eu even regulated to what degree a banana has to bend to sell it as that. (no joke!) |
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ShroomsKit
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June 12, 2013, 05:08:16 PM |
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This is the "unknown" type of stuff that can make BTC run again. Another Cypress and we all saw what that did to BTC.
Actually, no, we didn't. Maybe you work better with pictures. "On 25 March 2013, a €10 billion bailout was announced in return for Cyprus..." Note, it was talked about before it happened. Just look at mid to late March and what followed. Clearly no coincidence. Sorry, not seeing. Do you have any proof? Or just a guess presented as a fact? My bad, must have been one of those coincidences... Look, i'm not saying it is completely impossible but not one person so far has been able to prove the connection. I was just checking if you were the first. And you weren't. |
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hlynur
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June 12, 2013, 05:09:22 PM |
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thanks for that one. loved the comparison to some hookers beating up a mom because she looked like competition. btc is gonna get the hell speculated out of it by USD.  |
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Rampion
Legendary
Offline
Activity: 1148
Merit: 1018
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June 12, 2013, 05:12:46 PM |
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Selling pressure slowly building up.  |
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KS
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June 12, 2013, 05:14:39 PM |
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but then, do you want to attract the attention of the EU?
What do you mean? This can swing both ways, good or bad. If you attract the attention of the EU officials (in Brussels, you cannot *not* bump into them), you put BTC on the EU map which is potentially a good thing, but you also risk exposing it to unwanted regulation, which could be a hindrance. I'd be interested to know how things turn out in Helsinki. Maybe a stupid question from my side, however i could not think of a answer. How do you see Brussel ( or an other government ) regulate Bitcoin? They could ban the use of the Bit-tips, for ex. That would put a stop to the initiative. |
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KS
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June 12, 2013, 05:18:08 PM |
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but then, do you want to attract the attention of the EU?
What do you mean? This can swing both ways, good or bad. If you attract the attention of the EU officials (in Brussels, you cannot *not* bump into them), you put BTC on the EU map which is potentially a good thing, but you also risk exposing it to unwanted regulation, which could be a hindrance. I'd be interested to know how things turn out in Helsinki. Would you be surprised if senior members of HM Government (HMRC/MOD/Treasury), are talking to prominent members of the UK Bitcoin community? The attention phase has passed. Oh, I think it's just starting. It started a few months ago, and is a continuing dialogue. They're only a few years late...  |
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stereotype
Legendary
Offline
Activity: 1554
Merit: 1000
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June 12, 2013, 05:21:39 PM |
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but then, do you want to attract the attention of the EU?
What do you mean? This can swing both ways, good or bad. If you attract the attention of the EU officials (in Brussels, you cannot *not* bump into them), you put BTC on the EU map which is potentially a good thing, but you also risk exposing it to unwanted regulation, which could be a hindrance. I'd be interested to know how things turn out in Helsinki. Maybe a stupid question from my side, however i could not think of a answer. How do you see Brussel ( or an other government ) regulate Bitcoin? They could ban the use of the Bit-tips, for ex. That would put a stop to the initiative. But the reptile knows some good saunas he could entertain them in. Those officials like things like that! |
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KS
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June 12, 2013, 05:21:50 PM |
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Once they start there will be no end. In no time you will have to prompt your peers for permission before adding them to peers.dat.. put a big warning sign saying THIS IS NOT MONEY on any physical bitcoins.. register all your addresses with the ECB.. their imagination has no end. They even regulate how deep your tractor is allowed to make tracks on your own farmland.
eu even regulated to what degree a banana has to bend to sell it as that. (no joke!) |
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phoenix1
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June 12, 2013, 05:27:31 PM |
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Selling pressure slowly building up.
Feels like we are now clinging on to $110 rather than bumping up against it |
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10c
Full Member
Offline
Activity: 658
Merit: 100
BuyAnyLight - Blockchain LED Marketplace
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June 12, 2013, 05:28:22 PM |
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Well actually Dutch government wants some coins too. official statement from minister of finance (Dijsselbloem) source: http://www.nu.nl/internet/3495285/inkomsten-in-bitcoins-worden-belast.htmlHe happens to be head of EU finance at the moment as well. also Canadian government wants coin.  |
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Rampion
Legendary
Offline
Activity: 1148
Merit: 1018
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June 12, 2013, 05:28:50 PM |
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Selling pressure slowly building up.
Feels like we are now clinging on to $110 rather than bumping up against it Those guys who panic bought from $110.5 to $112ish must be in a world of pain right now  |
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KS
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June 12, 2013, 05:32:30 PM |
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First step to becoming a recognized currency: pay your taxes in BTC! Way to go Orange! |
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stereotype
Legendary
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Activity: 1554
Merit: 1000
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June 12, 2013, 05:33:03 PM |
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Wow. They actually asked a parliamentary question. Onwards and upwards. |
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phoenix1
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June 12, 2013, 05:34:17 PM |
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Selling pressure slowly building up.
Feels like we are now clinging on to $110 rather than bumping up against it Those guys who panic bought from $110.5 to $112ish must be in a world of pain right now There is still someone out there trying to keep it up here, but I wonder how long it can last before we let go |
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Adrian-x
Legendary
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Activity: 1372
Merit: 1000
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June 12, 2013, 05:35:28 PM |
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This sounds good, governments should set an exchange rate for fiat to Bitcoin say $1000 per 1XBT And regulate the price through market forces, that'll do it. |
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