Bitcoin Forum
October 22, 2017, 02:14:20 PM *
News: Latest stable version of Bitcoin Core: 0.15.0.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Poll
Question: Start crowdfunding effort for decentralized stock exchange?
yes
no
waste of time

Pages: « 1 [2] 3 4 5 6 7 »  All
  Print  
Author Topic: If you are a US citizen you basically can go F yourself! BTCT, Bitfunder, Dwolla  (Read 16932 times)
statdude
Legendary
*
Offline Offline

Activity: 1148



View Profile
October 08, 2013, 11:04:46 PM
 #21

No, I don't think there is going to be any crashing.  Maybe a significant slowdown, but not dead in the water.  Granted, the US contingency was large but not the end all.  The majority of mining is still in Europe, with China rapidly catching up.  Someone has a funky graphic showing where all the coins are being generated. 

Is your sister cute?  I could move to England and make us both a ton of money.  Just kidding. 

Wrong - BTCQuick down 80%+



      ███████████████████████████ ███████████████████
      ██████████████████████████ ████████████████████
      █████████████████████████ ▄████████████████████
      ██████                   ▄█████▀        ▐██████
      ██████                  ▄█████▀         ▐██████
▄▄▄▄▄▄██████▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄██████▄▄▄▄▄▄▄▄▄▄███████
█████████████████████████████████████████████████████
█████████████████████████████████████████████████████
▀▀▀▀▀▀██████▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀██████▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
      ██████              ██████▀
      ██████             ██████▀
      █████████████████ ██████▀
      ████████████████ ██████▀
      ▀██████████████ ██████▀
.
ETHERPARTY














1508681660
Hero Member
*
Offline Offline

Posts: 1508681660

View Profile Personal Message (Offline)

Ignore
1508681660
Reply with quote  #2

1508681660
Report to moderator
1508681660
Hero Member
*
Offline Offline

Posts: 1508681660

View Profile Personal Message (Offline)

Ignore
1508681660
Reply with quote  #2

1508681660
Report to moderator
1508681660
Hero Member
*
Offline Offline

Posts: 1508681660

View Profile Personal Message (Offline)

Ignore
1508681660
Reply with quote  #2

1508681660
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1508681660
Hero Member
*
Offline Offline

Posts: 1508681660

View Profile Personal Message (Offline)

Ignore
1508681660
Reply with quote  #2

1508681660
Report to moderator
1508681660
Hero Member
*
Offline Offline

Posts: 1508681660

View Profile Personal Message (Offline)

Ignore
1508681660
Reply with quote  #2

1508681660
Report to moderator
HowlingMad
Full Member
***
Offline Offline

Activity: 175


View Profile
October 08, 2013, 11:08:52 PM
 #22

OOPS!  I didn't see all the RED entries before.  WOW, was I wrong.  Good, I hope the moron that was using a trading robot really got hosed!

Maybe this is a good thing and will make Bitfunder change their minds??

Windows 10, R280x * 3
Luckybit
Hero Member
*****
Offline Offline

Activity: 714



View Profile
October 08, 2013, 11:11:53 PM
 #23

This is what happens when a country is ready to shutdown/extradite anyone breaking some arbitrary money transmission law.  

Name someone who has been shut down or extradited in this case because this is paranoia.
Luckybit
Hero Member
*****
Offline Offline

Activity: 714



View Profile
October 08, 2013, 11:12:50 PM
 #24

please consider supporting our effort to enable entrepreneurs to release their own cryptography shares in new ventures which may be traded p2p

https://bitcointalk.org/index.php?topic=307417.msg3295590#msg3295590

Bitshares or Mastercoin or Colored coins all seem to have more promise. You can also just wait for the US crowdfunding legislation to take effect.

Or take a stand. But that will only work when a sufficiently large portion of the populace agrees.

How many people in the US believe again that convicting Manning was just? Right and how many of those soldiers killing people for sports in those videos were trialled at all and if they were did they receive higher or lower sentences than Manning? What portion of American cares about this? I think I just answered my own question: emigration does indeed seem like the only option.

Bradley Manning has nothing to do with this. Why would that have anything to do with any of this other than to divide the community? Just like excluding the US divides the community. Which government wants a nationally divided Bitcoin community? All of them.

HowlingMad
Full Member
***
Offline Offline

Activity: 175


View Profile
October 08, 2013, 11:16:45 PM
 #25


Bitshares or Mastercoin or Colored coins all seem to have more promise. You can also just wait for the US crowdfunding legislation to take effect.

Which government wants a nationally divided Bitcoin community? All of them.

 Your kidding right?  I have been waiting for the SEC to publish their crowdfunding rules.  They were supposed to have them done January 2013.  Nothing like meeting your 'legal' obligations on time.  Roll Eyes

Quite true that all of the countries want bitcoin dead!  They have no CONTROL over it and therefore are marginalized.  Our once chance to have a global economy without bankers and politicians.  The next decade is going to be VERY interesting. 


Windows 10, R280x * 3
Luckybit
Hero Member
*****
Offline Offline

Activity: 714



View Profile
October 08, 2013, 11:21:16 PM
 #26


Bitshares or Mastercoin or Colored coins all seem to have more promise. You can also just wait for the US crowdfunding legislation to take effect.
 Your kidding right?  I have been waiting for the SEC to publish their crowdfunding rules.  They were supposed to have them done January 2013.  Nothing like meeting your 'legal' obligations on time.  Roll Eyes

They claim they'll have them sometime in 2013. Push the technical solution to pressure them to get it done sooner, but I don't understand the panic. Why would you run a securities site and then wait until the end of 2013 to decide to shut it down? What were you thinking all during 2012?

The SEC isn't likely to arrest anyone but who knows maybe they got a take down notice. If they haven't then this is paranoia and serves to divide the community and not much else. Bitshares, Ripple, Mastercoin, all are technical solutions which will work fine until the crowdfunding rules are published and a regulated set of exchanges can come online.

Most people dont have a problem with regulation, uncertainty is the problem. Not knowing what the rules are is the problem. I think the end result of Bitfunder and BTCT shutting down abruptly will be that the community will unite around a technical solution which cannot be regulated because the exchange is built into the blockchain itself.

We are witnessing the end of the centralized stock exchanges as a business model. The reason it will end is because the single point of failure has been identified and it's Burnside and Ukyo or whoever runs the centralized exchange. When it's decentralized then it will be as hard to shut down as Bittorrent.

Expect the community to set up bounties and competitions and develop one of the many plans that exist. Cunicula has a plan which few people have looked at called hops. I think it's time we take a good hard look at his whitepaper. Forget all the politics and nationalist division.

https://bitcointalk.org/index.php?topic=297147.0
kingcrimson
Legendary
*
Offline Offline

Activity: 1023


View Profile
October 08, 2013, 11:23:17 PM
 #27


Bitshares or Mastercoin or Colored coins all seem to have more promise. You can also just wait for the US crowdfunding legislation to take effect.
 Your kidding right?  I have been waiting for the SEC to publish their crowdfunding rules.  They were supposed to have them done January 2013.  Nothing like meeting your 'legal' obligations on time.  Roll Eyes

Most people dont have a problem with regulation, uncertainty is the problem. Not knowing what the rules are is the problem. I think the end result of Bitfunder and BTCT shutting down abruptly will be that the community will unite around a technical solution which cannot be regulated because the exchange is built into the blockchain itself.


Then the next step would be banning bitcoin entirely. It would just give them a lot more ammo.
URSAY
Legendary
*
Offline Offline

Activity: 1904



View Profile
October 08, 2013, 11:26:30 PM
 #28

Remember GLBSE?  Aaaaaaannnnnnnnddddddd...it's gone.   Cry
wachtwoord
Legendary
*
Offline Offline

Activity: 1624


View Profile
October 08, 2013, 11:27:01 PM
 #29

Or take a stand. But that will only work when a sufficiently large portion of the populace agrees.

How many people in the US believe again that convicting Manning was just? Right and how many of those soldiers killing people for sports in those videos were trialled at all and if they were did they receive higher or lower sentences than Manning? What portion of American cares about this? I think I just answered my own question: emigration does indeed seem like the only option.

Bradley Manning has nothing to do with this. Why would that have anything to do with any of this other than to divide the community? Just like excluding the US divides the community. Which government wants a nationally divided Bitcoin community? All of them.



Because both are symptoms of the same thing.  

Luckybit
Hero Member
*****
Offline Offline

Activity: 714



View Profile
October 08, 2013, 11:27:48 PM
 #30


Bitshares or Mastercoin or Colored coins all seem to have more promise. You can also just wait for the US crowdfunding legislation to take effect.
 Your kidding right?  I have been waiting for the SEC to publish their crowdfunding rules.  They were supposed to have them done January 2013.  Nothing like meeting your 'legal' obligations on time.  Roll Eyes

Most people dont have a problem with regulation, uncertainty is the problem. Not knowing what the rules are is the problem. I think the end result of Bitfunder and BTCT shutting down abruptly will be that the community will unite around a technical solution which cannot be regulated because the exchange is built into the blockchain itself.


Then the next step would be banning bitcoin entirely. It would just give them a lot more ammo.

They can ban free speech too and see how that will work. No one is going to ban Bitcoin and all of this paranoia, are you on drugs?

The Bitcoin industry would have to be in the trillions of dollars before it would be so threatening that they'd want to ban it and I don't even think it would be banned then. Has the Internet been banned because of Bittorrent?
Luckybit
Hero Member
*****
Offline Offline

Activity: 714



View Profile
October 08, 2013, 11:29:18 PM
 #31

Or take a stand. But that will only work when a sufficiently large portion of the populace agrees.

How many people in the US believe again that convicting Manning was just? Right and how many of those soldiers killing people for sports in those videos were trialled at all and if they were did they receive higher or lower sentences than Manning? What portion of American cares about this? I think I just answered my own question: emigration does indeed seem like the only option.

Bradley Manning has nothing to do with this. Why would that have anything to do with any of this other than to divide the community? Just like excluding the US divides the community. Which government wants a nationally divided Bitcoin community? All of them.



Because both are symptoms of the same thing.  

No, they aren't. People trying to bring politics into it are people who want to divide a community. Why not bring race and gender into it? There are few minorities and women in the Bitcoin community. Does any of it matter to the situation at hand? No not really.

Alex Jones will not help you write code to save your life. If you want a coin exclusively for Wikileaks then create a Wikileaks altcoin.
HowlingMad
Full Member
***
Offline Offline

Activity: 175


View Profile
October 08, 2013, 11:29:43 PM
 #32


We are witnessing the end of the centralized stock exchanges as a business model. The reason it will end is because the single point of failure has been identified and it's Burnside and Ukyo or whoever runs the centralized exchange. When it's decentralized then it will be as hard to shut down as Bittorrent.

Interesting concept.  Hadn't thought of P2P stock exchange, wonder what it would take to make that happen.  
I originally was thinking about a stock exchange but hosted in half a dozen countries, one on each continent.

Windows 10, R280x * 3
Luckybit
Hero Member
*****
Offline Offline

Activity: 714



View Profile
October 08, 2013, 11:33:42 PM
 #33


We are witnessing the end of the centralized stock exchanges as a business model. The reason it will end is because the single point of failure has been identified and it's Burnside and Ukyo or whoever runs the centralized exchange. When it's decentralized then it will be as hard to shut down as Bittorrent.

Interesting concept.  Hadn't thought of P2P stock exchange, wonder what it would take to make that happen.  
I originally was thinking about a stock exchange but hosted in half a dozen countries, one on each continent.


The stock exchange can be hosted on the Bitcoin blockchan itself making it impossible to shut down. It could still be regulated if the users want regulation but the users would be in control of the SEC and the kind of regulation and the SEC would have to work with the users, similar to how it is with Bitcoin which will be regulated of course but only when the community has a seat at the table to discuss how it should be regulated and what the community can and can't accept.

Bitcoin is its own space. It's not Kickstarter. It's not a typical commodity or stock. It cannot be regulated by typical SEC regulations. A new set of special categories have to be invented for Bitcoin.

I think the technical solution should be to build stocks and bonds into the Bitcoin blockchain through either Mastercoin, Hops, or Bitshares. I think this event should be the trigger event to actually rush to develop these three main options and see which one is the best through technological darwinism.

I think we still will need an SEC to tackle fraud and scams. Issuers should still have to register, as that would still be good for the Bitcoin community but the registration requirements should be a bit more lax as the Bitcoin community by the act of using Bitcoin itself is willing to accept more risk than the traditional stock market. Eventually a technological solution may make it so that there is no need for an SEC to oversee it as much, so focus on the technology to make it safer or investors.

https://bitcointalk.org/index.php?topic=297147.0
https://bitcointalk.org/index.php?topic=279771.0
HowlingMad
Full Member
***
Offline Offline

Activity: 175


View Profile
October 08, 2013, 11:41:31 PM
 #34

I will have to read the two topics you sent.  I know you can do small messages in the blockchain now......  Will have to blow the dust off the compiler and get my C programming skills back in order. 
Thanks I needed a new project!

Windows 10, R280x * 3
OgNasty
Donator
Legendary
*
Offline Offline

Activity: 2338


Monetize the Revolution


View Profile WWW
October 08, 2013, 11:42:10 PM
 #35

Is anyone able to buy anything on BitFunder?  I don't recall ever telling them what country I'm in, but it says I can't buy any shares.  That makes me wonder who it is that's actually buying up these shares at hugely discounted prices...

BITSLER                 ▄███
               ▄████▀
             ▄████▀
           ▄████▀  ▄██▄
         ▄████▀    ▀████▄
       ▄████▀        ▀████▄
     ▄████▀            ▀████▄
   ▄████▀                ▀████▄
 ▄████▀ ▄████▄      ▄████▄ ▀████▄
█████   ██████      ██████   █████
 ▀████▄ ▀████▀      ▀████▀ ▄████▀
   ▀████▄                ▄████▀
     ▀████▄            ▄████▀
       ▀████▄        ▄████▀
         ▀████▄    ▄████▀
           ▀████▄▄████▀
             ▀██████▀
               ▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄            
▄▄▄▄▀▀▀▀    ▄▄█▄▄ ▀▀▄         
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄      
█  ▀▄▄  ▀█▀▀ ▄      ▀████   ▀▀▄   
█ █▄  ▀▄   ▀████       ▀▀ ▄██▄ ▀▀▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█  ▀▀       ▀▄▄ ▀████      ▄▄▄▀▀▀  █
█            ▄ ▀▄    ▄▄▄▀▀▀   ▄▄  █
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█ ▄▄   ███   ▀██  █           ▀▀  █ 
█ ███  ▀██       █        ▄▄      █ 
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  
▀▄            █        ▀▀      █  
▀▀▄   ███▄  █   ▄▄          █   
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀    
▀▀▄   █   ▀▀▄▄▄▀▀▀         
▄▄▄▄▄▄▄▄▄▄▄█▄▄▀▀▀▀              
              ▄▄▄██████▄▄▄
          ▄▄████████████████▄▄
        ▄██████▀▀▀▀▀▀▀▀▀▀██████▄
▄     ▄█████▀             ▀█████▄
██▄▄ █████▀                ▀█████
 ████████            ▄██      █████
  ████████▄         ███▀       ████▄
  █████████▀▀     ▄███▀        █████
   █▀▀▀          █████         █████
     ▄▄▄         ████          █████
   █████          ▀▀           ████▀
    █████                     █████
     █████▄                 ▄█████
      ▀█████▄             ▄█████▀
        ▀██████▄▄▄▄▄▄▄▄▄▄██████▀
          ▀▀████████████████▀▀
              ▀▀▀██████▀▀▀
            ▄▄▄███████▄▄▄
         ▄█▀▀▀ ▄▄▄▄▄▄▄ ▀▀▀█▄
       █▀▀ ▄█████████████▄ ▀▀█
     █▀▀ ███████████████████ ▀▀█
    █▀ ███████████████████████ ▀█
   █▀ ███████████████▀▀ ███████ ▀█
 ▄█▀ ██████████████▀      ▀█████ ▀█▄
███ ███████████▀▀            ▀▀██ ███
███ ███████▀▀                     ███
███ ▀▀▀▀                          ███
▀██▄                             ▄██▀
  ▀█▄                            ▀▀
    █▄       █▄▄▄▄▄▄▄▄▄█
     █▄      ▀█████████▀
      ▀█▄      ▀▀▀▀▀▀▀
        ▀▀█▄▄  ▄▄▄
            ▀▀█████
[]
HowlingMad
Full Member
***
Offline Offline

Activity: 175


View Profile
October 08, 2013, 11:45:15 PM
 #36

Is anyone able to buy anything on BitFunder?  I don't recall ever telling them what country I'm in, but it says I can't buy any shares.  That makes me wonder who it is that's actually buying up these shares at hugely discounted prices...
Sorry not able to buy anything, I guess all of the folks in England are snapping these up.

Windows 10, R280x * 3
HowlingMad
Full Member
***
Offline Offline

Activity: 175


View Profile
October 08, 2013, 11:47:50 PM
 #37

Luckybit, I just had an idea!  How about starting a Kickstarter project to fund the creation of the decentralized stock exchange?  Wouldn't that be a sharp stick in the eye.  Can a non-US citizen start something on Kickstarter?

Even better if someone decides to 'kill' the project then the media can get involved.   Shocked
ROTFL

Windows 10, R280x * 3
chsados
Hero Member
*****
Offline Offline

Activity: 652



View Profile
October 08, 2013, 11:55:48 PM
 #38

Anyone know what kind of verification is required?

I have family outside of the US that I can transfer shares to!

Guys, we seriously need to get on top of colored coins implementation.
auto2nr1
Sr. Member
****
Offline Offline

Activity: 350


View Profile
October 09, 2013, 12:27:02 AM
 #39

Same here. If i have friends/family outside of the states can i just "transfer" my assets to their account once created?
pedrog
Legendary
*
Offline Offline

Activity: 1596



View Profile
October 09, 2013, 12:29:47 AM
 #40

Anyone know what kind of verification is required?

Driver's license 50, passport 40, utility bill 25, credit card 25, you have to make 100 points.

Pages: « 1 [2] 3 4 5 6 7 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!