Richy_T
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Activity: 2436
Merit: 2121
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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May 29, 2013, 06:55:35 PM |
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dammit i'm always to late buying.. im always to late selling.. again.. i missed it today came just home from work stuck in traffic..
jsfqmsjfqsdmfjqsdlfjkldsfjlqmskdf
https://play.google.com/store/apps/details?id=com.mtgoxlive.trader&hl=enNot that I'd advocate fiddling with a phone in traffic.
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dexX7
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Activity: 1106
Merit: 1024
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May 29, 2013, 06:56:20 PM |
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Wow did I miss something? Coming back online and volume + price skyrocks. Bitstamp usually follows, but it's rare to spot that much volume backing up the move. Feels better than the 6k till 132 from a few hours earlier. ^ Bitstamp 130 done! or is this normal for bitstamp?..
No!
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Miz4r
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Activity: 1246
Merit: 1000
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May 29, 2013, 07:00:14 PM |
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Is the same thing happening right now? Interesting stuff...
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ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 29, 2013, 07:02:10 PM |
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AmazonStuff
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May 29, 2013, 07:03:33 PM |
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I bought the first 340BTC which started this mini-rally on Bitstamp, just because I received the good news, so let's see what will happen... Maybe I just lost a lot of money LoL
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dexX7
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Activity: 1106
Merit: 1024
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May 29, 2013, 07:08:37 PM |
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Which news?
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Rampion
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Activity: 1148
Merit: 1018
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May 29, 2013, 07:11:10 PM |
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Is the same thing happening right now? Interesting stuff... Expected. Only coinseeker would sell if the US says "Bitcoin is bad". Normal people will just buy all the coins they can with their fiat and transfer them to their wallets Leaving jokes apart, all this is quite bullish for BTC. Despite of MtGox's fuck up, it's a fact that main BTC exchanges are trying to comply with regulations. And the sheriffs that busted LR say clearly that they are NOT after virtual currencies if they abid to FinCEN rules: http://www.davidnews.com/2013/05/liberty-reserve-laundered-6-billion.htmlThat's the sheriffs press conference, listen carefully from minute 28:00 I want to make clear that today's actions does not mean that we are against virtual currencies And you can see how the guy is implicitly referring to BTC, saying that it's ok if the exchanges are registered as MSB's
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tHash
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May 29, 2013, 07:29:44 PM |
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Is the same thing happening right now? Interesting stuff... Expected. Only coinseeker would sell if the US says "Bitcoin is bad". Normal people will just buy all the coins they can with their fiat and transfer them to their wallets Leaving jokes apart, all this is quite bullish for BTC. Despite of MtGox's fuck up, it's a fact that main BTC exchanges are trying to comply with regulations. And the sheriffs that busted LR say clearly that they are NOT after virtual currencies if they abid to FinCEN rules: http://www.davidnews.com/2013/05/liberty-reserve-laundered-6-billion.htmlThat's the sheriffs press conference, listen carefully from minute 28:00 I want to make clear that today's actions does not mean that we are against virtual currencies And you can see how the guy is implicitly referring to BTC, saying that it's ok if the exchanges are registered as MSB's This is big, and may well be as close an "endorsement" from the government we have seen so far.
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Coinseeker
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May 29, 2013, 07:31:30 PM |
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Is the same thing happening right now? Interesting stuff... Expected. Only coinseeker would sell if the US says "Bitcoin is bad". Normal people will just buy all the coins they can with their fiat and transfer them to their wallets Leaving jokes apart, all this is quite bullish for BTC. Despite of MtGox's fuck up, it's a fact that main BTC exchanges are trying to comply with regulations. And the sheriffs that busted LR say clearly that they are NOT after virtual currencies if they abid to FinCEN rules: http://www.davidnews.com/2013/05/liberty-reserve-laundered-6-billion.htmlThat's the sheriffs press conference, listen carefully from minute 28:00 I want to make clear that today's actions does not mean that we are against virtual currencies And you can see how the guy is implicitly referring to BTC, saying that it's ok if the exchanges are registered as MSB's This is big, and may well be as close an "endorsement" from the government we have seen so far. I agree it's good news for Bitcoin, if it's sincere. Just submit to regulations and hope for the best.
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Frozenlock
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May 29, 2013, 07:36:00 PM |
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Uh oh... rally is losing steam! Sell sell sell!
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Richy_T
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Activity: 2436
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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May 29, 2013, 07:36:19 PM |
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I agree it's good news for Bitcoin, if it's sincere. Just submit to regulations and hope for the best.
Exchanges are not Bitcoin.
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Miz4r
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Activity: 1246
Merit: 1000
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May 29, 2013, 07:36:53 PM |
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I agree it's good news for Bitcoin, if it's sincere. Now submit to regulations and hope for the best. You still don't get it do you? Exchanges have to play by the rules ofcourse but bitcoin itself can not and will not be regulated. Sorry if that hurts your regulated feelings.
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Nikolaj06
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WINSTARS - We are changing the face of gambling
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May 29, 2013, 07:37:38 PM |
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I agree it's good news for Bitcoin, if it's sincere. Now submit to regulations and hope for the best.
Jesus Coinseeker, I hear you use that word all the time, but what exactly do you mean..? How would you go about regulating Bitcoin? Edit: I mean as in Bitcoin it self, not exchanges or anything that has to do with the transfer of dollars.
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Coinseeker
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May 29, 2013, 07:39:40 PM |
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I know you guys hate that word...that's why I use it. Settle down children, settle down. It's just a forum.
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ElectricMucus
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Marketing manager - GO MP
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May 29, 2013, 07:39:43 PM |
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I don't think anybody was speaking of Bitcoin itself rather than exchanges and anti money laundering regulations.
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ElectricMucus
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Activity: 1666
Merit: 1057
Marketing manager - GO MP
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May 29, 2013, 07:54:35 PM |
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We all have seen that. Still wondering about the close temporal proximity, or lets call it quick succession. Maybe, this all originates at the same office, bureaucrats you know. Maybe they have "Internet month" and next month they are after something different, like credit card fraud or fake bills.
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ardana123
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May 29, 2013, 07:55:59 PM |
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I agree it's good news for Bitcoin, if it's sincere. Now submit to regulations and hope for the best. You still don't get it do you? Exchanges have to play by the rules ofcourse but bitcoin itself can not and will not be regulated. Sorry if that hurts your regulated feelings. That's why there's a need for a decentralized exchange that can't be touched as well (eg bittorrent). Until then, it's gonna be a risky game playing on these exchanges.
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ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 29, 2013, 08:02:02 PM |
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Rampion
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Activity: 1148
Merit: 1018
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May 29, 2013, 08:25:07 PM |
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I don't think anybody was speaking of Bitcoin itself rather than exchanges and anti money laundering regulations.
He was speaking about Bitcoin because he made a precisa reference about the Fincen statement that cited explicitly Bitcoin. And then he said the they do like innovation, which is pretty much the difference between BTC and LR: the former is an open source, community driven innovative project. The latter was just a business run by a convicted felon that circumvented wittingly regulations. The point is the feds have realized virtual currencies are a big deal, and that you cannot simply ban a p2p protocol. If they have half a brain they know they have to control as much as possible the fiat->btc conversion and that the ban route is the most ineffective one. I wouldn't be surprised by an exchange run by JPMorgan, in any case they want to he the market makers as per silver and not been cut out. And if they finally want to get rid of it, there are better strategies than simply ban it.
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