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Author Topic: The Warrant, the beginning of the beginning for Bitcoin  (Read 1435 times)
jubalix (OP)
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May 16, 2013, 04:08:12 AM
 #1

Given the warrant, and the market cap is only 1 - 1.5 Billion for BTC, it's legitimate now to say BitCoin is on the radar, and considered a sufficient enough threat to have to deal with.

Given that BTC itself has not be attacked, gives weight to the view no attack vector has been devised.

Given that there are far bigger issues in monetary values the TLA's could spend time going after, but they are going [so hard] after BTC feeders, gives some sense of proportion of  the level of concern TLA's/US GOV have towards BTC/CC's, which is out of all proportion to the market cap.

This I believe is the highest validation BTC could garner as a legitimate world currency.

The GOV and others watched the 'bubble' to 260+ and asked themselves, it did not die last time it "popped" rather it gave us glimpse into the future, where we are at now, 100$ is the new $10, $50 is the new $2. They can see it going to 1000, 10000 and beyond. If BTC becomes worth 100K a coin, people are going to work for BTC rather than the Fiat. QED gov.

I think they have panicked, and acted which in the long term will only legitimize BTC.

This is the Beginning of the Beginning for BitCoin and CC's as whole




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proudhon
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May 16, 2013, 04:10:32 AM
 #2

It can't be the beginning of the beginning, because, haven't you heard, it's the beginning of the end...




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teflone
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May 16, 2013, 04:13:10 AM
 #3

It can't be the beginning of the beginning, because, haven't you heard, it's the beginning of the end...





lol Smiley

Love ya Proudhon! 



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smoothie
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May 16, 2013, 04:13:18 AM
 #4

Let's look at the facts:

1. MTGOX is known for fuckups.

2. MTGOX has been around for a few years now.

3. MTGOX is based in Japan outside of US government jurisdiction.

4. MTGOX has been dragging their feet on responding to the coinlab lawsuit as well as the DHS seizure of their Dwolla account.

5. MTGOX is run by amateurs (in my opinion). Meaning they could be doing a much better job than they are.

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jdbtracker
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May 16, 2013, 04:20:01 AM
 #5

Don't worry, Citizen.

this reaction is fully within their limitations, the governments are minding their interest; Controlling underworld thugs, that is why they turned it into a regulation instead of a law.  

we have nothing to worry about from the regulators... we do have to worry about the corporate interests though. The U.S has the greatest business sector in the world, they know that Bitcoin will bring more cash to their coffers. The regulations are meant for that, they've taken good care of their business sector and know that all those taxes world wide are coming their way; Taxation by business location.

The corporate interests know they have met their David, Goliath thinks they can kill it, but David's got a plan.

with 1 exaflop of computing power, the toughest encryption network ever devised, a dedicated grass roots base and the greatest workforce ever assembled, there is no chance for a direct attack, they'll be attacking the periphery.

If you think my efforts are worth something; I'll keep on keeping on.
I don't believe in IQ, only in Determination.
laughingbear
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May 16, 2013, 04:22:03 AM
 #6

Let's look at the facts:

3. MTGOX is based in Japan outside of US government jurisdiction.


You fools...  

http://www.whitehouse.gov/the-press-office/2012/03/16/executive-order-national-defense-resources-preparedness

Obama can now have peacetime martial law, and confiscate anything he wants, anytime... and if you read through the whole order, he can confiscate ANYTHING he wants INTERNATIONALLY if he deems it a threat to national security.

we have slept to long, and it may be too late for us ALL now
giantdragon
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May 16, 2013, 04:26:06 AM
 #7

he can confiscate ANYTHING he wants INTERNATIONALLY
Good luck him to confiscate something in Russia or China Grin
jubalix (OP)
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May 16, 2013, 04:27:00 AM
Last edit: May 16, 2013, 04:44:34 AM by jubalix
 #8

Let's look at the facts:

3. MTGOX is based in Japan outside of US government jurisdiction.


You fools...  

http://www.whitehouse.gov/the-press-office/2012/03/16/executive-order-national-defense-resources-preparedness

Obama can now have peacetime martial law, and confiscate anything he wants, anytime... and if you read through the whole order, he can confiscate ANYTHING he wants INTERNATIONALLY if he deems it a threat to national security.

we have slept to long, and it may be too late for us ALL now

who cares he (pres,us anyone else) still can't get our Bitcoins

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Benson Samuel
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May 16, 2013, 04:28:46 AM
 #9

Let's look at the facts:

3. MTGOX is based in Japan outside of US government jurisdiction.


You fools...  

http://www.whitehouse.gov/the-press-office/2012/03/16/executive-order-national-defense-resources-preparedness

Obama can now have peacetime martial law, and confiscate anything he wants, anytime... and if you read through the whole order, he can confiscate ANYTHING he wants INTERNATIONALLY if he deems it a threat to national security.

we have slept to long, and it may be too late for us ALL now

who care he still can't get our Bitcoins

Can't find a meme of Obama with 'I want your Bitcoins'

CIYAM
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May 16, 2013, 04:29:08 AM
 #10

This is the Beginning of the Beginning for BitCoin and CC's as whole

Just one thing - what exactly is BitCoin?

(this incorrect caps version seems to be becoming a meme of its own)

With CIYAM anyone can create 100% generated C++ web applications in literally minutes.

GPG Public Key | 1ciyam3htJit1feGa26p2wQ4aw6KFTejU
alxs
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May 16, 2013, 04:31:55 AM
 #11

Obama can now have peacetime martial law, and confiscate anything he wants, anytime... and if you read through the whole order, he can confiscate ANYTHING he wants INTERNATIONALLY if he deems it a threat to national security.

When Obama or his successors, declares btc or any crypto-currency a threat to national security, that will be the end game or hail mary pass.  I think quite far away from that point, at least a decade if not more.
CryptoJunky
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May 16, 2013, 04:36:18 AM
 #12

This is the Beginning of the Beginning for BitCoin and CC's as whole

Just one thing - what exactly is BitCoin?

(this incorrect caps version seems to be becoming a meme of its own)


I guess some people are just so used to CamelCase.

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May 16, 2013, 04:38:09 AM
 #13

I guess some people are just so used to CamelCase.

Hmm... think I might have to start my own meme (for the older programmers): bit_coin

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jubalix (OP)
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May 16, 2013, 04:47:35 AM
 #14

This is the Beginning of the Beginning for BitCoin and CC's as whole

Just one thing - what exactly is BitCoin?

(this incorrect caps version seems to be becoming a meme of its own)


I guess some people are just so used to CamelCase.

hang over from programming

getNumber
never_leave_a_space
and put ; at the end of every sentence, start next sentence on new line
also :: everywhere
look a white a4 page and wonder while the DOM does not work with it.


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Logik
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May 16, 2013, 04:53:17 AM
 #15


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CIYAM
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May 16, 2013, 05:05:14 AM
 #16

Code:
while( i )
{
 do{ !care, if( u || someone ); else break/*s*/; //convention } while( replying );

 if( bit_coin == BitCoin ) //then the conversation could
   break; //down
} //into sillyness

With CIYAM anyone can create 100% generated C++ web applications in literally minutes.

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jubalix (OP)
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May 16, 2013, 05:24:57 AM
 #17

Code:
while( i )
{
 do{ !care, if( u || someone ); else break/*s*/; //convention } while( replying );

 if( bit_coin == BitCoin ) //then the conversation could
   break; //down
} //into sillyness


<script>
document.writeln("ok");
</script>

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May 16, 2013, 05:31:00 AM
 #18

I prefer to say that instead of this being the beginning we are in an Opera and this is the first etude  Grin

Believing in Bitcoins and it's ability to change the world
freedomno1
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May 16, 2013, 05:32:00 AM
 #19

Let's look at the facts:

1. MTGOX is known for fuckups.

2. MTGOX has been around for a few years now.

3. MTGOX is based in Japan outside of US government jurisdiction.

4. MTGOX has been dragging their feet on responding to the coinlab lawsuit as well as the DHS seizure of their Dwolla account.

5. MTGOX is run by amateurs (in my opinion). Meaning they could be doing a much better job than they are.

Just means that the new exchanges finally have a chance to grow as people run from gox lol

Believing in Bitcoins and it's ability to change the world
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