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valta4065
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February 03, 2016, 01:19:00 PM |
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Good luck to them trying to find a way of enforcing that  Just like in the US they would focus on the exchanges. What? Btc exchange are forbidden in the US? Then how am I buying and selling my btc? The EC are concerned about the perceived anonymity of BTC transactions. US exchanges have AML/KYC measures in place - transactions aren't anonymous. Edit: The plan therefore calls for virtual currency exchange platforms to be brought under the scope of the European Anti-Money Laundering Directive, which would mean exchanges would have to report just who used their services and when they were used. The Action Plan says “The Commission will also examine whether to include virtual currency 'wallet providers'.” Ah ok. Well I don't know how they would want to do it. Yes exchanges are not anonymous, but you don't use exchange if you want anonymous. You pays and receive in btc and if you want cash you go through local bitcoin |
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bargainbin
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February 03, 2016, 01:22:37 PM |
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Good luck to them trying to find a way of enforcing that Just like in the US they would focus on the exchanges. What? Btc exchange are forbidden in the US? Then how am I buying and selling my btc? The EC are concerned about the perceived anonymity of BTC transactions. US exchanges have AML/KYC measures in place - transactions aren't anonymous. Edit: The plan therefore calls for virtual currency exchange platforms to be brought under the scope of the European Anti-Money Laundering Directive, which would mean exchanges would have to report just who used their services and when they were used. The Action Plan says “The Commission will also examine whether to include virtual currency 'wallet providers'.” I'm sure we will come up with something disruptively cunning and original, like not calling our exchange an exchange but a dice site which both accepts and lets you cash out in BTC or Euro. Checkmate, Statist Pig! |
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Poloniex Matthew
Newbie
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Activity: 26
Merit: 0
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February 03, 2016, 01:26:52 PM |
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It will still have some dips until they come up with a positive news that will make investors to come back to bitcoin from altcoins like ETH.
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valta4065
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February 03, 2016, 01:33:53 PM |
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It will still have some dips until they come up with a positive news that will make investors to come back to bitcoin from altcoins like ETH.
I don't understand why ETH has such a success right now. What makes it really different from btc? I mean should I worry and decide to go on ethtalk.org? xD |
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LMGTFY
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February 03, 2016, 01:40:22 PM |
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Good luck to them trying to find a way of enforcing that Just like in the US they would focus on the exchanges. What? Btc exchange are forbidden in the US? Then how am I buying and selling my btc? The EC are concerned about the perceived anonymity of BTC transactions. US exchanges have AML/KYC measures in place - transactions aren't anonymous. Edit: The plan therefore calls for virtual currency exchange platforms to be brought under the scope of the European Anti-Money Laundering Directive, which would mean exchanges would have to report just who used their services and when they were used. The Action Plan says “The Commission will also examine whether to include virtual currency 'wallet providers'.” Ah ok. Well I don't know how they would want to do it. Yes exchanges are not anonymous, but you don't use exchange if you want anonymous. You pays and receive in btc and if you want cash you go through local bitcoin Yeah, this is all kinda expected, it's really bringing exchanges in Europe in-line with exchanges in the US. And, as you say, people can still use localbitcoin or exchanges outside the EU (and the US). I suspect, though, that this is just the beginning (in the EU) - localbitcoin is already under attack in the US (Burt W here on BCT, for example) and I imagine it's just a matter of time before the EU clamp down on it because TERRORISM. AND DRUGS. And because the €500 note was feelin unloved. |
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Elwar
Legendary
Offline
Activity: 3598
Merit: 2384
Viva Ut Vivas
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February 03, 2016, 01:41:55 PM |
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Ah ok. Well I don't know how they would want to do it. Yes exchanges are not anonymous, but you don't use exchange if you want anonymous. You pays and receive in btc and if you want cash you go through local bitcoin CoinBase sent me a nastygram telling me that they were dropping my daily limit due to their data showing that I was selling my bitcoins on localbitcoins. Siting the fact that I would need to register in the US to sell bitcoins. However I am in Europe so that doesn't really apply to me. But I would imagine similar things taking place in the EU if they follow the US lead. |
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Poloniex Matthew
Newbie
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Activity: 26
Merit: 0
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February 03, 2016, 01:43:14 PM |
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Volume around $50 was insane. The resistance at this price will now be over 9000, or something.
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blunderer
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February 03, 2016, 02:01:38 PM |
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Ah ok. Well I don't know how they would want to do it. Yes exchanges are not anonymous, but you don't use exchange if you want anonymous. You pays and receive in btc and if you want cash you go through local bitcoin CoinBase sent me a nastygram telling me that they were dropping my daily limit due to their data showing that I was selling my bitcoins on localbitcoins. ... I worry about you, Elwar. Perhaps start some sort of a cash business, like a hot dog stand maybe, to explain those bags of dirty fiat you bring to your bank? |
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ChartBuddy
Legendary
 Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 03, 2016, 02:01:55 PM |
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valta4065
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February 03, 2016, 02:06:55 PM |
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Good luck to them trying to find a way of enforcing that Just like in the US they would focus on the exchanges. What? Btc exchange are forbidden in the US? Then how am I buying and selling my btc? The EC are concerned about the perceived anonymity of BTC transactions. US exchanges have AML/KYC measures in place - transactions aren't anonymous. Edit: The plan therefore calls for virtual currency exchange platforms to be brought under the scope of the European Anti-Money Laundering Directive, which would mean exchanges would have to report just who used their services and when they were used. The Action Plan says “The Commission will also examine whether to include virtual currency 'wallet providers'.” Ah ok. Well I don't know how they would want to do it. Yes exchanges are not anonymous, but you don't use exchange if you want anonymous. You pays and receive in btc and if you want cash you go through local bitcoin Yeah, this is all kinda expected, it's really bringing exchanges in Europe in-line with exchanges in the US. And, as you say, people can still use localbitcoin or exchanges outside the EU (and the US). I suspect, though, that this is just the beginning (in the EU) - localbitcoin is already under attack in the US (Burt W here on BCT, for example) and I imagine it's just a matter of time before the EU clamp down on it because TERRORISM. AND DRUGS. And because the €500 note was feelin unloved.Bah, we already know that using exchange is not anonymous. Most exchange ask for some ID proof already, at least to exchange significant amounts! It won't even hurt bitcoin |
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aztecminer
Legendary
Offline
Activity: 1092
Merit: 1000
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February 03, 2016, 02:17:11 PM |
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Meh, pretty dull price action at the moment. Wonder when the next pump or dump will happen. It's pretty boring without both the fume & esctasy of extreme movements on here  it would defeat the purpose of the Marshal's Auction Pump 2015 if bitcoin went back under 300 again .. however, it becomes obvious bitcoin is a scheme if they continue to rocket up while they have the blockchain issue still unresolved. bitcoin is paralyzed in a tight sideways range atm. #BitcoinParalyzed #GimpCoinBitcoin  |
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aztecminer
Legendary
Offline
Activity: 1092
Merit: 1000
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February 03, 2016, 02:28:58 PM |
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I'm the king of sideways. Makin' mo $$$$$$$$$.
Margin funding interest rate is down a bit and that concerns me, but we are close to a 4 hr Moving average crossover, and there might be a short term pump. I just don't wanna play anymore. Not with ~20% APR guaranteed.
Everything everything is so damn risky. Even if there is a consensus on larger blocks, there will prolly be a spike before I even find out about it. I'll have to get in on the retracement. So what? I'm not counting coins anymore. I'm just looking for ROI.
Price will likely double or more with 2MB blocks so what are the damn miners waiting for? Is basic economic literacy really so rare?
u shouldnt keep all your money in fiat.. you really should consider buying pms. an economic reset with a revaluation of gold to much higher prices would solve a lot of the central bank problems instantly ... bitcoin does not have that same ability that i am aware. |
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Elwar
Legendary
Offline
Activity: 3598
Merit: 2384
Viva Ut Vivas
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February 03, 2016, 02:33:58 PM |
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Ah ok. Well I don't know how they would want to do it. Yes exchanges are not anonymous, but you don't use exchange if you want anonymous. You pays and receive in btc and if you want cash you go through local bitcoin CoinBase sent me a nastygram telling me that they were dropping my daily limit due to their data showing that I was selling my bitcoins on localbitcoins. ... I worry about you, Elwar. Perhaps start some sort of a cash business, like a hot dog stand maybe, to explain those bags of dirty fiat you bring to your bank? After localbitcoins blocked Germany I only do a few trades a month now with people I've been meeting for a while. Usually about 1-2k per month, enough to pay for rent, food and a few vacations here and there. I haven't had a bank account here since August. I only recently opened another one because I might possibly be leaving Europe and will need to convert any cash I have back into bitcoins. |
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Andre#
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February 03, 2016, 02:41:35 PM |
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Good luck to them trying to find a way of enforcing that Just like in the US they would focus on the exchanges. So BTC-e goes out of business? Pfff... |
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aztecminer
Legendary
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Activity: 1092
Merit: 1000
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February 03, 2016, 02:46:06 PM |
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Shanghai Composite again down 1,5% at opening....
Damn the stock markets are developing into a blackhole...
'Don't touch Bitcoin because it's too volatile', all the Wall St types said  it has been a solid eight months of them discussing the block size ... bitcoin is a HUGE risk atm .. if bitcoin does not scale then it will stay #GimpCoin |
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Elwar
Legendary
Offline
Activity: 3598
Merit: 2384
Viva Ut Vivas
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February 03, 2016, 02:46:23 PM |
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Good luck to them trying to find a way of enforcing that Just like in the US they would focus on the exchanges. So BTC-e goes out of business? Pfff... Bitstamp, Bitfinex... |
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aztecminer
Legendary
Offline
Activity: 1092
Merit: 1000
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February 03, 2016, 02:49:09 PM |
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Shanghai Composite again down 1,5% at opening....
Damn the stock markets are developing into a blackhole...
'Don't touch Bitcoin because it's too volatile', all the Wall St types said ' The financial crisis is over', all the Gavin types said if he really said that then it proves he is a govy shill and therefore his opinions can be safely discarded . #GimpCoin |
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aztecminer
Legendary
Offline
Activity: 1092
Merit: 1000
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February 03, 2016, 02:50:16 PM |
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The Four Punch Raiders are real. This picture was painted by a first-hand witness of their pillaging.  yup... this is undeniable proof . |
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Andre#
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February 03, 2016, 02:58:41 PM |
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Good luck to them trying to find a way of enforcing that Just like in the US they would focus on the exchanges. So BTC-e goes out of business? Pfff... Bitstamp, Bitfinex... I don't know how tight the KNC/AML policy of BFX is, but Bitstamp's is pretty tight. |
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barbs
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February 03, 2016, 02:58:46 PM |
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What's this new strategy? Bore people to death with wash trades? Ughh
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Poll
