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

[MickeyT2008]

i think this is the announcement.... https://bitcointalk.org/index.php?topic=299906.0

long live kimcoin

The Rghost URL in that 'announcement' is hosting links to malware according to this scan: http://zulu.zscaler.com/submission/show/242dad2d77c4199bdd3a0b70f5b8ab6b-1380140842

Of course though encryption software often causes false positives when scanning for malware, but I'm not going to click it whilst I'm still running Windows anyway, maybe I'll boot from a live Linux distro CD and check it out later just for curiosity's sake.

[rampantparanoia]

i think this is the announcement.... https://bitcointalk.org/index.php?topic=299906.0

long live kimcoin

The Rghost URL in that 'announcement' is hosting links to malware according to this scan: http://zulu.zscaler.com/submission/show/242dad2d77c4199bdd3a0b70f5b8ab6b-1380140842

Of course though encryption software often causes false positives when scanning for malware, but I'm not going to click it whilst I'm still running Windows anyway, maybe I'll boot from a live Linux distro CD and check it out later just for curiosity's sake.

twas trolling... but thanks for that!

[MickeyT2008]

i think this is the announcement.... https://bitcointalk.org/index.php?topic=299906.0

long live kimcoin

The Rghost URL in that 'announcement' is hosting links to malware according to this scan: http://zulu.zscaler.com/submission/show/242dad2d77c4199bdd3a0b70f5b8ab6b-1380140842

Of course though encryption software often causes false positives when scanning for malware, but I'm not going to click it whilst I'm still running Windows anyway, maybe I'll boot from a live Linux distro CD and check it out later just for curiosity's sake.

twas trolling... but thanks for that!

I guessed that, but I thought I'd give it a quick scan anyway

[Wary]

it would appear Stamps has made similar changes.

https://www.bitstamp.net/article/bitstamp-new-verification-requirements/

as of the 30th you'll need to be registered to withdraw bitcoin or cash.

Wow! It seems the foundation's meeting with three-letter-agencies guys wasn't fruitless. Another meeting or two and KYC&AML will be integrated into the bitcoin protocol.

[TheKoziTwo]

it would appear Stamps has made similar changes.

https://www.bitstamp.net/article/bitstamp-new-verification-requirements/

as of the 30th you'll need to be registered to withdraw bitcoin or cash.

Wow! It seems the foundation's meeting with three-letter-agencies guys wasn't fruitless. Another meeting or two and KYC&AML will be integrated into the bitcoin protocol.

[SheHadMANHands]

this?

http://www.reddit.com/r/Bitcoin/comments/1n532i/bitcoin_investment_trust_by_secondmarket/

[Walsoraj]

this?

http://www.reddit.com/r/Bitcoin/comments/1n532i/bitcoin_investment_trust_by_secondmarket/

That is going to get shut down by the SEC real quick.

[arklan]

this?

http://www.reddit.com/r/Bitcoin/comments/1n532i/bitcoin_investment_trust_by_secondmarket/

That is going to get shut down by the SEC real quick.

assuming the follow applicable AML and such, why would it get shut down?

[SheHadMANHands]

this?

http://www.reddit.com/r/Bitcoin/comments/1n532i/bitcoin_investment_trust_by_secondmarket/

That is going to get shut down by the SEC real quick.

Do you know how the legality works around this?  Serious question.

I thought from quick glance they were "off the grid", so to speak.

Also: http://www.reddit.com/r/Bitcoin/comments/1n1tie/something_big_coming_to_secondmarket_for_bitcoin/ccenwqy

[Walsoraj]

this?

http://www.reddit.com/r/Bitcoin/comments/1n532i/bitcoin_investment_trust_by_secondmarket/

That is going to get shut down by the SEC real quick.

assuming the follow applicable AML and such, why would it get shut down?

Doesn't have to do with AML. SEC focuses on potentially unsafe or risky investments. It is not clear that ANY bitcoin-based investment will pass the SEC smell-test at the present time. Especially, considering how many legal hurdles bitcoin still must overcome.

[Walsoraj]

this?

http://www.reddit.com/r/Bitcoin/comments/1n532i/bitcoin_investment_trust_by_secondmarket/

That is going to get shut down by the SEC real quick.

Do you know how the legality works around this?  Serious question.

I thought from quick glance they were "off the grid", so to speak.

Also: http://www.reddit.com/r/Bitcoin/comments/1n1tie/something_big_coming_to_secondmarket_for_bitcoin/ccenwqy

SEC will go after anyone, anywhere offering investment or investment-like opportunities to US citizens.

This is different than AML/KYC stuff, which is the focus of FINCEN.

[arklan]

well, they've clearly been operating quite happily for a while, bitcoin or no.

wait and see, i say.

[Walsoraj]

well, they've clearly been operating quite happily for a while, bitcoin or no.

wait and see, i say.

huh? we don't need to wait and see. A the present time there is NOTHING safe about a bitcoin investment. It is inherently speculative and probably will be for many years, at least until we get clarity on a bunch of related legal issues.

WAY WAY WAY too early for this shit. It will just hurt bitcoin's already shaky reputation when these things get shut down.

[SheHadMANHands]

this?

http://www.reddit.com/r/Bitcoin/comments/1n532i/bitcoin_investment_trust_by_secondmarket/

That is going to get shut down by the SEC real quick.

Do you know how the legality works around this?  Serious question.

I thought from quick glance they were "off the grid", so to speak.

Also: http://www.reddit.com/r/Bitcoin/comments/1n1tie/something_big_coming_to_secondmarket_for_bitcoin/ccenwqy

SEC will go after anyone, anywhere offering investment or investment-like opportunities to US citizens.

This is different than AML/KYC stuff, which is the focus of FINCEN.

SecondMarket looks pretty reputable.  They wouldn't have consulted lawyers and spoke with the SEC before even starting something like this?  I'm just thinking out loud...

[Walsoraj]

Whatever. I have exhausted the spirit of pure reason and no longer care to argue about these ill conceived bitcoin-investments.  

[arklan]

Whatever. I have exhausted the spirit of pure reason and no longer care argue about these ill conceived bitcoin-investments. 

i dont think any of us said we'd be investing... just watching. not like we can do elsewise, really. can't stop it. not in our hands.

[windjc]

Whatever. I have exhausted the spirit of pure reason and no longer care argue about these ill conceived bitcoin-investments. 

And this is different than a realestate investment trust, how exactly?

Don't see how this illegal in any way. And what does FINCEN have to do with real estate trusts or other trusts?

People are not buying the Bitcoin directly. All the investors are vetted. The trust keeps their records open and transparent.

Sounds like you are just paranoid.

This is not an ETF. This is a completely different animal.

[bobdude17]

[Walsoraj]

Those who are finally accepting that we hit the ceiling around $150. To single digits from here.

[Ares]

lol this

Why you wouldn't at least wait til the morning to see the impact this news makes is beyond me.