bitcoin.co.th trading suspended

[Chang Hum]

I sold my entire Bitcoin holdings on reception of his news and burnt the money

Why did you sell? It is a good news!
I bought on this news and have 10% profit now.

I was joking I live in Thailand you wally!

[becoin]

I sold my entire Bitcoin holdings on reception of his news and burnt the money

Why did you sell? It is a good news!
I bought on this news and have 10% profit now.

I was joking I live in Thailand you wally!

Ah okay, what else you're joking with?

[Chang Hum]

I sold my entire Bitcoin holdings on reception of his news and burnt the money

Why did you sell? It is a good news!
I bought on this news and have 10% profit now.

I was joking I live in Thailand you wally!

Ah okay, what else you're joking with?

Almost every post I write, I'm a very sarcastic man that can't help making shit jokes

[vokain]

At the conclusion of the meeting senior members of the Foreign Exchange Administration and Policy Department advised that due to lack of existing applicable laws, capital controls and the fact that Bitcoin straddles multiple financial facets the following Bitcoin activities are illegal in Thailand:

Buying Bitcoins
Selling Bitcoins
Buying any goods or services in exchange for Bitcoins
Selling any goods or services for Bitcoins
Sending Bitcoins to anyone located outside of Thailand
Receiving Bitcoins from anyone located outside of Thailand

Can we just agree that this might be what they said to him, that they believed it was illegal, that Dave himself didn't (mean to) say that it was illegal, but in the case that it was, he closed operations just to avoid legal ramifications? I really don't want this guy to go to jail for some misunderstanding.

edit: old topic title was "Bitcoin Illegal in Thailand" so, yeah, he was wrong there because there actually is no law that says that, regardless of how the legal system there might be regarding things the law doesn't cover. The point is, the law doesn't cover bitcoins. Address that dave and i think we can move on. Perhaps clarify yourself better, and to the public for the confusion. That's why there's such an uproar against your perceived antics

like, this is what the misleading wording of your posts caused:
https://bitcointalk.org/index.php?topic=264463.0;topicseen
"Thailand Bans Bitcoin"
https://bitcointalk.org/index.php?topic=264214.0;topicseen
"Now that BTC is illegal in Thailand, which country will ban BTC next?"
+ heavy networking effects throughout most press outlets.

[vokain]

Like, please issue a clarifying official statement on your site so we can move on. Likely that will protect you as well.

[Chang Hum]

At the conclusion of the meeting senior members of the Foreign Exchange Administration and Policy Department advised that due to lack of existing applicable laws, capital controls and the fact that Bitcoin straddles multiple financial facets the following Bitcoin activities are illegal in Thailand:

Buying Bitcoins
Selling Bitcoins
Buying any goods or services in exchange for Bitcoins
Selling any goods or services for Bitcoins
Sending Bitcoins to anyone located outside of Thailand
Receiving Bitcoins from anyone located outside of Thailand

Can we just agree that this might be what they said to him, that they believed it was illegal, that Dave himself didn't (mean to) say that it was illegal, but in the case that it was, he closed operations just to avoid legal ramifications? I really don't want this guy to go to jail for some misunderstanding.

edit: old topic title was "Bitcoin Illegal in Thailand" so, yeah, he was wrong there because there actually is no law that says that, regardless of how the legal system there might be regarding things the law doesn't cover. The point is, the law doesn't cover bitcoins. Address that dave and i think we can move on. Perhaps clarify yourself better, and to the public for the confusion. That's why there's such an uproar against your perceived antics

like, this is what the misleading wording of your posts caused:
https://bitcointalk.org/index.php?topic=264463.0;topicseen
"Thailand Bans Bitcoin"
+ heavy networking effects throughout most press outlets.

+1 Sorry Dave I'm just an argumentative fucker out of boredom sometimes I know he's quite right

[becoin]

I'm sorry but if your central bank told you should suspend your exchange because Bitcoin is not money, there is no doubt that the only conclusion is that Bitcoin is illegal as money in Thailand. You might not like it but this is it.

[vokain]

This is to show you that no, I am not Thai but I have been around.


https://i.imgur.com/QAVPSaO.jpg?1

what sort of ceremony is this?

[vokain]

what sort of ceremony is this?

That is the King's Daughter giving me honors.

happy for you

I need to go back there. last time I was only 13

ps: Bitcoin community, we have some serious friends in our network 

[Chang Hum]

What did you get honors for?

[Lohoris]

What did you get honors for?

He beat Sagat.

[Chang Hum]

What did you get honors for?

He beat Sagat.

lol

[vokain]

i never beat him

[virtualfaqs]

What did you get honors for?

He beat Sagat.

lol

I beat Adon! Do I get honors too?

[Lohoris]

What did you get honors for?

He beat Sagat.

lol

I beat Adon! Do I get honors too?

Nope, sorry, not even an achievement... :/
Life's unfair!

[OhShei8e]

http://www.bahtcoin.com/

[niko]

http://www.bahtcoin.com/

They have been running various electronic payment systems, including an e-cash of sorts ("webmoney") since 2006. Bitcoin is part of their offerings. No problems there.

[vokain]

the name really brings a smile to my face so clever

[niko]

Can we have some productive conversation here, and attempt to control the damage?

Dave and Goat are partly justified in their reactions, but not completely. Yes, it appears that some of the BoT officials have intervened in a negative way, and made a request to halt Bitcoin trading. From their alleged statements it appears, not surprisingly, that they are mentally incompetent ("due to lack of laws, these activities are illegal...").

No, there is no law against Bitcoin, and no, Bitcoin is not illegal in Thailand. Dave has not been careful in wording of his initial statements, and his careless public statements have reverberated and mutated into FUD in the World media. On the other hand, Dave may be right in that, despite their mental retardation, said BoT officials could make his life difficult and unpleasant.

What we all need now is a long, wet, kiss between Goat and Dave, followed by their carefully orchestrated PR and political campaign. Both of them have something to offer to this cause.

Goat, Dave, bahtcoin, and in fact the whole Kingdom of Thailand have vested interest in seeing Bitcoin as a technology adopted and used.

[becoin]

You should read what the bank really said. The bank was reasonable.

Really? Why don't you read it once again?

http://www.posttoday.com/เศรษฐกิจ-หุ้น/การเงิน/237451/ธปท-จับตาเฟดตัดสินคิวอี

http://asiancorrespondent.com/111332/has-bitcoin-been-banned-from-thailand/

Post Today cite BOT Governor Prasarn who states that in relation to the statement the Bitcoin company posted on their Web site, that the company contacted the BOT to request permission for the “money changer” business, but what they are doing is not exchanging of money. It may constitute being related to changes in the exchange rate. Therefore, we asked for suspension of activities through their Web site while we investigated. For now, we are liaising with relevant authorities to look at the details both the ICT (in relation to electronic transactions), Ministry of Finance, and the SEC before considering whether we can give a license or not.

BoT Governor is saying that Bitcoin is not money and you claim he is reasonable?