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

[mmitech]

so the senate is asking who owns the protocol, and "no one" as an answer seems not convincing enough for him hahahaha

He thinks the network belongs to "big companies"...

the Prof talking now makes really good points, more interesting he is objective


Edit: so speculation is good? I didn't know that hahahaha, listen from the professor and speculate guys, it is okay he said

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[ChartBuddy]

Explanation

[kurious]

so the senate is asking who owns the protocol, and "no one" as an answer seems not convincing enough for him hahahaha

He thinks the network belongs to "big companies"...

the Prof talking now makes really good points, more interesting he is objective


Edit: so speculation is good? I didn't know that hahahaha, listen from the professor and speculate guys, it is okay he said

French customs bought bitcoins !
(in order to catch and arrest some drug dealer)

Speed, apparently...   tut tut, I though the French had more class than that

[Drabla]

Bad guys use cash.
Bictoin is too volatile !

The young feller makes me nervous with his speedy talk.

But as far is i understood their view on Bitcoin is quite neutral. It's a tool among others (existent or yet to come) to do good and bad things, so it is better we try to understand and regulate it than ban/condemn it.


"The volatility of bitcoin restrains/blocks/hinders its development"

[mmitech]

Bad guys use cash.
Bictoin is too volatile !

The young feller makes me nervous with his speedy talk.

But as far is i understood their view on Bitcoin is quite neutral. It's a tool among others (existent or yet to come) to do good and bad things, so it is better we try to understand and regulate it than ban/condemn it.

to be honest, I think they were objective, which is really positive and good for bitcoin... let the market decide otherwise

[kurious]

Bad guys use cash.
Bictoin is too volatile !

The young feller makes me nervous with his speedy talk.

But as far is i understood their view on Bitcoin is quite neutral. It's a tool among others (existent or yet to come) to do good and bad things, so it is better we try to understand and regulate it than ban/condemn it.

to be honest, I think they were objective, which is really positive and good for bitcoin... let the market decide otherwise

It is pretty similar to the US senate hearings - mentioning Silk Road / contraband etc... but also the benefits.   The guy talking about Bitcoin Central earlier said he didn't know about how many transactions were from France, but he didn't think very many, mostly 'Northern European' (Germany and UK, presumably) as France is a little behind in terms of Bitcoin.   I think this point was telling, the French do feel a little behind the curve now that Germany has officially accepted / recognised BTC, while other countries have not (as one guy said).

The only problem is how to regulate for TVA (sales tax) and how to classify exchanges etc.   This is a very French thing as they like to have regulation (even of their language) and they instinctively want a 'French position'.

But in reality they are not big players in the Bitcoin European landscape and in any case will not dare to differ from Germany very much....

The worst that will happen is that they drown BTC exchanges and transactions with a ton of French red tape.

[kurious]

Besides - the big news in France today will be which of the president's mistresses is actually the First Lady of France.

[Davyd05]

we're moving on up again.. 1000 break today.. would blow my mind

[Ashitank]

we're moving on up again.. 1000 break today.. would blow my mind

I want my mind blown

[segeln]

So far banque de france representative says bitcoin is not a currency..

That is not astonishing because the defintion of currency used in the fiat-world excludes cryptocurrencies.
So the Statements of all central-banks, BTC is not a currency is ok.
Furthermore the central Banks are obliged to warn People about danger when using not an official cuurency.
Don`tbe worried about that

[mmitech]

Bad guys use cash.
Bictoin is too volatile !

The young feller makes me nervous with his speedy talk.

But as far is i understood their view on Bitcoin is quite neutral. It's a tool among others (existent or yet to come) to do good and bad things, so it is better we try to understand and regulate it than ban/condemn it.

to be honest, I think they were objective, which is really positive and good for bitcoin... let the market decide otherwise

It is pretty similar to the US senate hearings - mentioning Silk Road / contraband etc... but also the benefits.   The guy talking about Bitcoin Central earlier said he didn't know about how many transactions were from France, but he didn't think very many, mostly 'Northern European' (Germany and UK, presumably) as France is a little behind in terms of Bitcoin.   I think this point was telling, the French do feel a little behind the curve now that Germany has officially accepted / recognised BTC, while other countries have not (as one guy said).

The only problem is how to regulate for TVA (sales tax) and how to classify exchanges etc.   This is a very French thing as they like to have regulation (even of their language) and they instinctively want a 'French position'.

But in reality they are not big players in the Bitcoin European landscape and in any case will not dare to differ from Germany very much....

The worst that will happen is that they drown BTC exchanges and transactions with a ton of French red tape.

France is falling behind as a power, and they know it, so my guess is that they will try to catch up (if they are smart), comparing to Slovenia a small country of 2 million citizen that play an important role it is a shame that a big country like France is this late to the game...

[Drabla]

French Senate is asking really good questions. A very good discussion. Hope the Press doesn't only pick the "drugs and trafficking" parts

[mmitech]

French Senate is asking really good questions. A very good discussion. Hope the Press doesn't only pick the "drugs and trafficking" parts

this is what press do but who cares really, I care what the senate and his government will decide, let the press cry about it, they and their believers will miss the train 

[mmitech]

the senate: " if I have allot of Bitcoins what can I do with them "  hahahahah give them to me if you dont know what to do with them

[600watt]

last night i went through the speculation sub-forum and the overall sentiment that i picked up was from pessimistic/bearish to "the-end-is-near".

what is wrong with you ?


if i had told you in october 2013 that in mid january gox is near 950 you would have said impossible, and if i furthermore told you that the forum was all bearish about this "downtrend", you would have laughed.

if i told you on december 18 (after correction) that within a month price will double and getting closer to 1000 again you would have said impossible, and if i furhtermore told you the forum was depressed about this "downtrend", you would have laughed.


the longer the TA/hodl or sodl game is played the more average hodlers will come to a nervous point and eventually sell. some of them get burned and turn into bitter "i have sold all at 500" ex-hodlers, that may not acknowledge their failure but eventually direct the blame towards the bitcoin game itself. the transform into "the-end-is near!" apologetics, spreading FUD, spreading depression, trying desperately to force the sentiment down. because when the price does get down to 500 or 100 or whatever the will have finally done the right thing. those guys are poor but not a problem, but the higher the price goes, the longer the game is played, the more of those bitter apologetics will be produced. and that might be a problem.

lol, gox went to 973 while i was writing. the end is near.  

[Drabla]

"... a european bitcoin foundation is in the making.."

[spooderman]

feb be da ath bro

[lebing]

So I guess there are some french people in bitcoin and that they are liking what they are hearing...

[kehtolo]

"... a european bitcoin foundation is in the making.."

This taken from the french thing going on now? I'm at work, so can't exactly watch it. Glued to this thread for my updates.

[bambou]

vive la france!