Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[solex]

This one's on Monday:
http://www.hsgac.senate.gov/hearings/beyond-silk-road-potential-risks-threats-and-promises-of-virtual-currencies

Thank you <3

Panel II

    Ernie Allen
    President and Chief Executive Officer
    The International Centre for Missing & Exploited Children

I think there is a chance the bitcoin representatives may have to walk out on this hearing. Nothing good can come of this if they have already decided bitcoin is directly associated with child porn.

Here's a website with some background on Ernie Allen.
http://bringvarvarahome.org/ernie_allen.php

"Mr. Allen is running two cash cows, one of which even dares to masquerade as an "international" entity without any recognition of its claimed status from the United Nations or any other multinational body."

What does the Senate do to find panellists? Dart in the phonebook?

[1714853260]

1714853260

[spooderman]

How nice, about to smash through 500 on Gox, and 5000 on btcchina!

[macsga]

$500 per BTC!

[bnjmnkent]

This one's on Monday:
http://www.hsgac.senate.gov/hearings/beyond-silk-road-potential-risks-threats-and-promises-of-virtual-currencies

Thank you <3

Panel II

    Ernie Allen
    President and Chief Executive Officer
    The International Centre for Missing & Exploited Children

I think there is a chance the bitcoin representatives may have to walk out on this hearing. Nothing good can come of this if they have already decided bitcoin is directly associated with child porn.

Maybe that is what

Edward W. Lowery III
Special Agent in Charge, Criminal Investigative Division
U.S. Secret Service, U.S. Department of Homeland Security

is for?

I see this even as a chance to catch more criminals.

[Vycid]

This one's on Monday:
http://www.hsgac.senate.gov/hearings/beyond-silk-road-potential-risks-threats-and-promises-of-virtual-currencies

Thank you <3

Panel II

    Ernie Allen
    President and Chief Executive Officer
    The International Centre for Missing & Exploited Children

I think there is a chance the bitcoin representatives may have to walk out on this hearing. Nothing good can come of this if they have already decided bitcoin is directly associated with child porn.

I don't think that's the case. I think they've decided Bitcoin has the potential to enable child porn networks to flourish, and they're right. Just look around the Deep Web.

That doesn't mean Bitcoiners have to stand around and say, "yeah, whatever, it's gonna be used for child porn, dollars are used for child porn too". We're claiming to have a superior currency, it should be harder to abuse children with it (or just as hard, at the very least).

It makes sense for this guy to come and discuss ways to combat child porn. I'm on board with that.

[Love_and_Squalor]

This one's on Monday:
http://www.hsgac.senate.gov/hearings/beyond-silk-road-potential-risks-threats-and-promises-of-virtual-currencies

Thank you <3

Panel II

    Ernie Allen
    President and Chief Executive Officer
    The International Centre for Missing & Exploited Children

I think there is a chance the bitcoin representatives may have to walk out on this hearing. Nothing good can come of this if they have already decided bitcoin is directly associated with child porn.

It wouldn't surprise me if they try create a slander campaign and bait the media. Thats all we need is the media saying bitcoin is associated with child pornography. seems to me the feds are playing dirty as usual on this one

[LightRider]

If you want to stop heinous crimes, investigate in and encourage the creation of a better society not dominated by a sick and invalid monetary game. In a resource based economy, there would be no invalid authority or distorted values that stem from the use and abuse of money.

[LightRider]

This one's on Monday:
http://www.hsgac.senate.gov/hearings/beyond-silk-road-potential-risks-threats-and-promises-of-virtual-currencies

Thank you <3

Panel II

    Ernie Allen
    President and Chief Executive Officer
    The International Centre for Missing & Exploited Children

I think there is a chance the bitcoin representatives may have to walk out on this hearing. Nothing good can come of this if they have already decided bitcoin is directly associated with child porn.

It wouldn't surprise me if they try create a slander campaign and bait the media. Thats all we need is the media saying bitcoin is associated with child pornography. seems to me the feds are playing dirty as usual on this one

If bitcoin were so closely tied to child pornography, wouldn't the Catholic church have already endorsed it by now?

[Vycid]

This one's on Monday:
http://www.hsgac.senate.gov/hearings/beyond-silk-road-potential-risks-threats-and-promises-of-virtual-currencies

Thank you <3

Panel II

    Ernie Allen
    President and Chief Executive Officer
    The International Centre for Missing & Exploited Children

I think there is a chance the bitcoin representatives may have to walk out on this hearing. Nothing good can come of this if they have already decided bitcoin is directly associated with child porn.

It wouldn't surprise me if they try create a slander campaign and bait the media. Thats all we need is the media saying bitcoin is associated with child pornography. seems to me the feds are playing dirty as usual on this one

If bitcoin were so closely tied to child pornography, wouldn't the Catholic church have already endorsed it by now?

You seem like a rational, reasonable person.

[CryptoMinter]

This one's on Monday:
http://www.hsgac.senate.gov/hearings/beyond-silk-road-potential-risks-threats-and-promises-of-virtual-currencies

Thank you <3

Panel II

    Ernie Allen
    President and Chief Executive Officer
    The International Centre for Missing & Exploited Children

I think there is a chance the bitcoin representatives may have to walk out on this hearing. Nothing good can come of this if they have already decided bitcoin is directly associated with child porn.

It wouldn't surprise me if they try create a slander campaign and bait the media. Thats all we need is the media saying bitcoin is associated with child pornography. seems to me the feds are playing dirty as usual on this one

It's not likely. This isn't the first time this guy has appeared on a bitcoin-esque panel.

https://bitcointalk.org/index.php?topic=232950.0

The USGOV approach to crime fighting is highly financial in nature, and just like with the NSA, the Senate et al want to drum up policy that suits these objectives. This guy is mainly a scumbag from what I can tell, but he's not going nuclear on bitcoin, he just wants to be able to track transactions to discourage or prevent child exploitation.

[aminorex]

Regarding senate hearings and fear of regulatory overreach, I would remind everyone that bitcoin is a honey badger.  Crazy nastyass bitcoin does not care.

[Vycid]

This one's on Monday:
http://www.hsgac.senate.gov/hearings/beyond-silk-road-potential-risks-threats-and-promises-of-virtual-currencies

Thank you <3

Panel II

    Ernie Allen
    President and Chief Executive Officer
    The International Centre for Missing & Exploited Children

I think there is a chance the bitcoin representatives may have to walk out on this hearing. Nothing good can come of this if they have already decided bitcoin is directly associated with child porn.

It wouldn't surprise me if they try create a slander campaign and bait the media. Thats all we need is the media saying bitcoin is associated with child pornography. seems to me the feds are playing dirty as usual on this one

It's not likely. This isn't the first time this guy has appeared on a bitcoin-esque panel.

https://bitcointalk.org/index.php?topic=232950.0

The USGOV approach to crime fighting is highly financial in nature, and just like with the NSA, the Senate et al want to drum up policy that suits these objectives. This guy is mainly a scumbag from what I can tell, but he's not going nuclear on bitcoin, he just wants to be able to track transactions to discourage or prevent child exploitation.

Pretty much what I figured. They'll be pleased to know that Bitcoin is technically not anonymous.

We'll conveniently forget to mention that there is a lot of work currently going on to make it anonymous, of course.

[haightst]

http://farm9.staticflickr.com/8241/8596466531_98840a74ca_c.jpg

$500 to get murdered next...

/\5OO= puke bags coming! LOL   WEEEEEEE!!!

[macsga]

Total BTC   12,002,450 BTC
$500/BTC

Seems everything is round today!

[F-bernanke]

This one's on Monday:
http://www.hsgac.senate.gov/hearings/beyond-silk-road-potential-risks-threats-and-promises-of-virtual-currencies

Thank you <3

Panel II

    Ernie Allen
    President and Chief Executive Officer
    The International Centre for Missing & Exploited Children

I think there is a chance the bitcoin representatives may have to walk out on this hearing. Nothing good can come of this if they have already decided bitcoin is directly associated with child porn.

It wouldn't surprise me if they try create a slander campaign and bait the media. Thats all we need is the media saying bitcoin is associated with child pornography. seems to me the feds are playing dirty as usual on this one

If bitcoin were so closely tied to child pornography, wouldn't the Catholic church have already endorsed it by now?

LOL! epic!

[ChartBuddy]

[Davyd05]

So I'll get fiat in to my account, a week after my last deposit.. and the price has gone up ..130 dollars.. lool So glad I just went all in on that first purchase.

[haightst]

http://www.rtcons.com/wall/16026.8.small.png

5OOzzz and the bids keep stacking!!!  //^7OO what?

[Vycid]

Volume is very thin on Gox and very heavy on btcchina. Interesting.

Looks like China may break 3000 CNY before Gox breaks $500.

[haightst]

Volume is very thin on Gox and very heavy on btcchina. Interesting.

they ran out of coins? lmfao!!!