adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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January 29, 2014, 04:00:25 PM |
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wtf? this guy saying they can get round the encryption?
yes, they got around the password that encrypted the private keys to the funds they did not break bitcoin encryption itself....
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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January 29, 2014, 04:00:56 PM |
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"You are a big holder, now"
smiles and sips some water.
Awsome.
FBI is a bunch of HODLERS!
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smiley123
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Activity: 101
Merit: 10
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January 29, 2014, 04:01:55 PM |
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I thought identity theft was basically non-existent with bitcoin, yet they mention it repetedly. Correct me if I'm wrong.
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GaliX
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January 29, 2014, 04:02:07 PM |
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"You are a big holder, now"
smiles and sips some water.
Awsome.
FBI is a bunch of HODLERS! that was him telling us: "to the moon guys!"
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ChartBuddy
Legendary
Online
Activity: 2366
Merit: 1819
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 29, 2014, 04:02:35 PM |
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adamstgBit
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Merit: 1037
Trusted Bitcoiner
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January 29, 2014, 04:03:30 PM |
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I thought identity theft was basically non-existent with bitcoin, yet they mention it repetedly. Correct me if I'm wrong.
you can sell someone VISA card you stole for bitcoin = bitcoin can facilitate identity theft
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KeyserSoze
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January 29, 2014, 04:03:51 PM |
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Did you see how excited Zabel was to announce his office owned $30 million in BTC? He lit up. Seemed giddy to be a part of it all.
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adamstgBit
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Merit: 1037
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January 29, 2014, 04:05:19 PM |
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Control all the miners!
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DougTanner
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January 29, 2014, 04:05:23 PM |
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Question: "So yesterday people mentioned bringing exchanges to the US, to both create jobs and improve the economy of the US and New York state. And with balanced regulation that would also allow us better control over dollar to Bitcoin oversight and weed out bad exchanges, reducing the ways for bad actors to acquire Bitcoins?"
Answer: *crickets*
What a bunch of morons. They're just going to end up pushing all the Bitcoin exchanges out of the country permanently. Good luck regulating them then!
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adamstgBit
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Merit: 1037
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January 29, 2014, 04:09:53 PM |
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well that was.... hmmmm.... fucking shitty market doesn't seem to give a shit in 30 mins it will all be, " bitcoin is a revolution because... " again
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deeplink
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January 29, 2014, 04:10:03 PM |
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What a bunch of morons.
That seems like a good summary of this session.
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electronistul
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January 29, 2014, 04:12:15 PM |
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Control all the miners!
Control everything !!! Hodlers, Shrotrers, Bulls & Bears. Sing a goddamn song so we can all dance to it!
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bitcoinmarketmaker
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Activity: 89
Merit: 10
put me on speeddial#1
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January 29, 2014, 04:14:35 PM |
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The fact that they have hearings, discussions, regulation talks and whatever more means that Bitcoin is important.
So whatever is said, let it be right or wrong, everyday Bitcoin is getting stronger.
For early adopters (and I believe that if you buy your BTC today you are still an early adopter) the trend is UP, whatever all the noise along the way.
BUY and HODL !!! Cheers !
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empowering
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Activity: 1078
Merit: 1441
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January 29, 2014, 04:15:34 PM |
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Control all the miners!
That seems to be their concern due to "systemic risk" but really they do not seem to have grasped it yet... control the miners, what all of them, everywhere? even if the answer is "no here in the US" then the answer would be "great I am off to (insert name of country with less or zero mining regulation here) They are looking at the situaiton and thinking, hang on a minute... we and our chums on wall street are the only ones allowed to create money "out of thin air"
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KFR
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January 29, 2014, 04:23:57 PM |
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adamstgBit
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Merit: 1037
Trusted Bitcoiner
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January 29, 2014, 04:29:31 PM |
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2 mins till the next panel
this one should be good.
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fonzie
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January 29, 2014, 04:36:03 PM |
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empowering
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January 29, 2014, 04:40:02 PM |
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Good to see that Fred Ehrsam has gone from the darkside to the side of light! (or has he? mwha mwhaha mwhahahaha)
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lemonte
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January 29, 2014, 04:41:26 PM |
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These guys should smash it!
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