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

[seleme]

Russians don't give a shit about laws anyway so we're fine

[1714193914]

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[seleme]

But it's really interesting to see how Western countries basically said - Bitcoin, you're free to make seleme rich but eastern play quite different.

What a gap in mentality, it's visible in everything.

[ShroomsKit]

So sad to see all these bears spreading fud and lies. They just get so frustrated because the price won't go down. They just start making shit up hoping 1 or 2 noobs will fall for it.

[mah87]

But it's really interesting to see how Western countries basically said - Bitcoin, you're free to make seleme rich but eastern play quite different.

What a gap in mentality, it's visible in everything.

Be ready for the burst !

[adamstgBit]

not exactly, it states more closely to: if you will use bitcoins, we might consider you are involved in terrorism and/or money laundering and such...

Only if you are a legal entity, f.e. exchange. Not in a context that any citizen using btc = terrorist

i guess this is just part of regulating bitcoin exchanges, which is a good thing...
once all the laws are passed and exchanges are in full compliance that should be a big weight lifted.

[Holliday]

i guess this is just part of regulating bitcoin exchanges, which is a good thing for the established interests...
once all the laws are passed and exchanges are in full compliance that should be a big weight lifted the brokers/banks will make all the money.

FTFY!

[seleme]

But it's really interesting to see how Western countries basically said - Bitcoin, you're free to make seleme rich but eastern play quite different.

What a gap in mentality, it's visible in everything.

Be ready for the burst !

I'm always ready, open mind to all options makes miracles

[windjc]

Granted I have only been around for around 8 months, but I've never seen such a concerted effort by bears to try to spread FUD.

I guess this forum is no longer any different than the btc-e trollbox. What a shame.

The most ridiculous part is that so many of the bears try to act like they are trying to save the bulls. Like they actually give 2 shits about the rest of us. smh

[TERA]

Mad respect to whoever had the 1500btc wall at $830 on btce yesterday and had it nearly entirely filled.

[seleme]

Granted I have only been around for around 8 months, but I've never seen such a concerted effort by bears to try to spread FUD.

I guess this forum is no longer any different than the btc-e trollbox. What a shame.

The most ridiculous part is that so many of the bears try to act like they are trying to save the bulls. Like they actually give 2 shits about the rest of us. smh

It comes with price and their hope they'll become rich with BTC.

Nobody would give a shit about it if it is at 5$ still. So, it's good

[Nemo1024]

While everyone is busy talking about Charlie Shrem's arrest, no one seems to notice the REAL reason for the market plunge. That is, 3 hours ago Bitcoin was officially banned in Russia.

From what I can understand of the Google translation they did not quite ban it, but declared it illegal for use as currency (like China did), forbade banks to handle it (like China did, and banks in most other countries prudently refrained on their own), warned citizens of its high investment risk, and finally scared everybody with "you may find yourself involved in nasty crimes if you try to work with it".   

My translation of a few key lines that I posted in the related thread:

It does start a bit rough:

"The Central bank will deem any services concerning exchange of virtual currencies into Rubbles as a potential involvement in handling of suspicious activities in accordance to the law against money laundering of funds acquired by criminal means and finance of terrorist organisations. The following warning was issued by CB towards the Russian legal entities."

Further, a citation from CB:
"Virtual currencies lack in supporting and responsible for them legal bodies. Operations bear a speculative character, are processed on the so-called virtual exchanges and carry with them a high risk of loosing in value."

And a little bit further:
"CB warns citizens and legal entities, first and foremost the credit institutions and non-credit financial institutions from using virtual currencies for exchanging them into goods (work, services) and for monetary mediums as Russian, so foreign."

Too lazy to translate it in whole, but it does resemble the Chinese warning.

[mah87]

Granted I have only been around for around 8 months, but I've never seen such a concerted effort by bulls to try to spread bullshit.

I guess this forum is no longer any different than the btc-e trollbox. What a shame.

The most ridiculous part is that so many of the bulls try to act like they are trying to save the bears. Like they actually give 2 shits about the rest of us. smh

[ChartBuddy]

Explanation

[empowering]

Guys, I know we hear a lot of 'bad news', but this REALLY IS BAD NEWS, I urge you to consider selling now to buy back later at a lower price when the market has absorbed this. I'm 100% fiat as of 5 mins ago.

Troll.

You don't think one of the founders of the bitcoin foundation being arrested under money laundering charges isn't going to spook the market?

http://www.marketwatch.com/story/ceo-of-winklevoss-backed-bitcoin-company-arrested-2014-01-27?link=MW_latest_news

Probably will spook the market... but should it?  as I recall banks ,bankers, CEO's , fund managers etc are always getting pinched , or not as the case maybe i.e HSBC laundering money for international drug cartels, and for terror networks... and people actually do not seem to care less....   I think if people put it into context they should not freak...

but then what people should do and what people actually do, are two different things of course.
 

[seleme]

Granted I have only been around for around 8 months, but I've never seen such a concerted effort by bulls to try to spread bullshit.

I guess this forum is no longer any different than the btc-e trollbox. What a shame.

The most ridiculous part is that so many of the bulls try to act like they are trying to save the bears. Like they actually give 2 shits about the rest of us. smh

In contrary, you're so good guy that you actually care about bulls and that's the only reason why you are saying them that Bitcoin is to be doomed soon.

Yeah, Captain Obvious, it's sure thing

[knightcoin]

Explanation

did u measure the delay between the info supplier to your endpoint device  

[JorgeStolfi]

Was Shrem's arrest mentioned in TV news yet?

[gizmoh]

Confirmed bad news is confirmed.Time to SHOTR.   

http://www.scribd.com/doc/202555785/United-States-vs-Charles-Shrem-and-Robert-M-Faiella

[seleme]

Confirmed bad news is confirmed.Time to SHOTR.   

http://www.scribd.com/doc/202555785/United-States-vs-Charles-Shrem-and-Robert-M-Faiella

Time to shotr was 3 hours ago

[fonzie]

Granted I have only been around for around 8 months, but I've never seen such a concerted effort by bulls to try to spread bullshit.

I guess this forum is no longer any different than the btc-e trollbox. What a shame.

The most ridiculous part is that so many of the bulls try to act like they are trying to save the bears. Like they actually give 2 shits about the rest of us. smh

Indeed everyone who isn´t super bullish is a traitor an infidel , every word he says is FUD and of course he can be insulted every time he says something not overall positive about Bitcoin.
Actually  bad news are good news and will bring Bitcoin even higher, so in fact there are no bad news there are only good news and all bears are morons that need to be slapped.