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Author Topic: Bitcoin Foundation Receives Cease And Desist Order From California  (Read 2287 times)
lysr (OP)
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June 23, 2013, 04:59:22 PM
 #1

End of Bitcoin?

Source:
http://www.forbes.com/sites/jonmatonis/2013/06/23/bitcoin-foundation-receives-cease-and-desist-order-from-california/
N12
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June 23, 2013, 05:02:58 PM
 #2

No. Beginning of double digits. Grin
ronaldlee0917
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June 23, 2013, 05:11:32 PM
 #3

The letter is dated 30th May, does this explain the series of dumps started on 31st May?

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lucas.sev
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June 23, 2013, 05:17:28 PM
 #4

it would make me nervous if I was holding any coins. It makes me hopeful for nice continuation of bubble deflation. Most likely nothing will happen.
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June 23, 2013, 05:17:48 PM
 #5

Bitcoiners create their own FUD, even no need to spread it.

What a clusterfuck!
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June 23, 2013, 05:21:47 PM
 #6

Yawn, wake me up when something interesting happens.

Most pointless and misguided cease and desist letter ever.
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June 23, 2013, 05:32:06 PM
 #7

The letter is dated 30th May, does this explain the series of dumps started on 31st May?

Good catch about the date, makes me wonder why it is just now getting out.

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June 23, 2013, 06:08:39 PM
 #8

Considering the date on this and the fact that we're still sitting at > $100 == me still bullish.

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June 23, 2013, 06:27:15 PM
 #9

At what point will you stop being bullish?
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June 23, 2013, 06:31:39 PM
 #10

Considering the date on this and the fact that we're still sitting at > $100 == me still bullish.


Yeah.

Look at the big picture, folks. If China's official communist channel aired a special on bitcoin, and that didn't do much to boost price (although it did bring a bunch of nodes online), well, one wimpy little state in America issuing a legally misguided cease-and-desist order on non-existent grounds..... Is it really anything other than an annoying distraction?

Let's just say, we can tell who the n00bs are by looking at who posts in this thread "dump dump dump, price going doooowwwwnn1!! this is totally significant news that will affect price! Cool"
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June 23, 2013, 06:34:04 PM
 #11

Solution:

Offshore corporation, offshore bank account, anonymous debit cards.

I have a great deal of experience with this stuff as well as establishing USA based corporations.

My $.02.

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June 23, 2013, 06:40:44 PM
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Yup, it's the end. Bitcoin will be worthless in 24 hours.

Seriously, what are you thinking when you type something like that? Actually, do you think at all or just type something random?

Its price is not a very relevant factor in its adoption....
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June 23, 2013, 06:42:41 PM
 #13

I can't believe anyone would sell based on this 3 week old document ... each to their own I guess  Roll Eyes
Surprised they can even hold a cup of tea ...

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btceic
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June 23, 2013, 06:48:34 PM
 #14

I can't believe anyone would sell based on this 3 week old document ... each to their own I guess  Roll Eyes
Surprised they can even hold a cup of tea ...

Who said they were selling?

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phoenix1
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June 23, 2013, 06:54:14 PM
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I can't believe anyone would sell based on this 3 week old document ... each to their own I guess  Roll Eyes
Surprised they can even hold a cup of tea ...

Who said they were selling?

The price went down soon after this was posted > indicates selling
Reaction to this ... possible
Coincidence ... possible
Attempted manipulation ... possible

EDIT : I posted about the date immediately it was put on the wall observer thread ...

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btceic
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June 23, 2013, 06:56:08 PM
 #16

I can't believe anyone would sell based on this 3 week old document ... each to their own I guess  Roll Eyes
Surprised they can even hold a cup of tea ...

Who said they were selling?

The price went down soon after this was posted > indicates selling
Reaction to this ... possible
Coincidence ... possible
Attempted manipulation ... possible

gotcha, haven't been watching the price action today.

edit: maybe I should, I would love to get in below < $100

♫ This situation, which side are you on? Are you getting out? Are you dropping bombs? Have you heard of diplomatic resolve? ♫ How To Run A Cheap Full Bitcoin Node For $19 A Year ♫ If I knew where it was, I would take you there. There’s much more than this. ♫ Track Your Bitcoins Value
phoenix1
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June 23, 2013, 06:57:33 PM
 #17

I can't believe anyone would sell based on this 3 week old document ... each to their own I guess  Roll Eyes
Surprised they can even hold a cup of tea ...

Who said they were selling?

The price went down soon after this was posted > indicates selling
Reaction to this ... possible
Coincidence ... possible
Attempted manipulation ... possible

gotcha, haven't been watching the price action today.

edit: maybe I should, I would love to get in below < $100

You have not missed much  Cheesy

"Before you embark on a journey of revenge, dig two graves"  - Confucius (China 551BC-479 BC)
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June 23, 2013, 07:00:26 PM
 #18

This is a hard fork!

Longer thread here:

https://bitcointalk.org/index.php?topic=241314.0;topicseen
ronaldlee0917
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June 24, 2013, 12:23:36 AM
 #19

It looks like the market does not care about the mishap of Bitcoin Foundation.
Price has been stable and steadily rising!

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June 24, 2013, 12:35:29 AM
 #20

It looks like the market does not care about the mishap of Bitcoin Foundation.
Price has been stable and steadily rising!

uhh no, gox was out and an hour later somebody bought 100 Bitcoins. Nothing else happened.
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