Bobsurplus
Legendary
 Offline
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
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January 27, 2014, 05:01:16 PM |
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Charlie is fucked!
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hdbuck
Legendary
Offline
Activity: 1260
Merit: 1002
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January 27, 2014, 05:09:29 PM |
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You might have missed this part. SHREM, who personally bought drugs on Silk Road, was fully aware that Silk Road was a drug-trafficking website, and through his communications with FAIELLA, SHREM also knew that FAIELLA was operating a Bitcoin exchange service for Silk Road users. Nevertheless, SHREM knowingly facilitated FAIELLA’s business with the Company in order to maintain FAIELLA’s business as a lucrative source of Company revenue. SHREM knowingly allowed FAIELLA to use the Company’s services to buy Bitcoins for his Silk Road customers; personally processed FAIELLA’s orders; gave FAIELLA discounts on his high-volume transactions; failed to file a single suspicious activity report with the United States Treasury Department about FAIELLA’s illicit activity, as he was otherwise required to do in his role as the Company’s Compliance Officer; and deliberately helped FAIELLA circumvent the Company’s AML restrictions, even though it was SHREM’s job to enforce them and even though the Company had registered with the Treasury Department as a money services business. Working together, SHREM and FAIELLA exchanged over $1 million in cash for Bitcoins for the benefit of Silk Road users, so that the users could, in turn, make illegal purchases on Silk Road. Read more: http://www.businessinsider.com/report-ceo-of-major-bitcoin-exchange-arrested-2014-1#ixzz2rcRXI5Cdgod i just cant keep track on so much bad news :/ |
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Bobsurplus
Legendary
Offline
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
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January 27, 2014, 05:12:18 PM |
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Charlie better be stepping down from the foundation as soon as he makes bail in a few hours... If not I'm selling all my BTC and buying up LTC.
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eiskalt
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January 27, 2014, 05:16:53 PM |
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Charlie better be stepping down from the foundation as soon as he makes bail in a few hours... If not I'm selling all my BTC and buying up LTC.
all fantasycoins will go to zero, so better keep your $$. |
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Bobsurplus
Legendary
Offline
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
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January 27, 2014, 05:19:32 PM |
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Charlie better be stepping down from the foundation as soon as he makes bail in a few hours... If not I'm selling all my BTC and buying up LTC.
all fantasycoins will go to zero, so better keep your $$. I'll consider that too |
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bitcoinlitcoinbtcltc
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January 27, 2014, 05:26:00 PM |
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WOW!
BTC going back to single digits after January 31st!
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eiskalt
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January 27, 2014, 05:27:02 PM |
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WOW!
BTC going back to single digits after January 31st!
If zero is to be considered a single digit, then yes. |
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proudhon
Legendary
Offline
Activity: 1582
Merit: 1086
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January 27, 2014, 05:34:37 PM |
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As we can see, with the volume of confirmed bad news, the market is agreeing to head towards $0. Bitcoin has failed, as is confirmed.
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bitcoin price cannot be sustained above $10k <---- scientific fact
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An amorous cow-herder
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January 27, 2014, 05:35:31 PM |
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WOW!
BTC going back to single digits after January 31st!
wow. so loss. much confirms. |
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relm9
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January 27, 2014, 05:35:59 PM |
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As we can see, with the volume of confirmed bad news, the market is agreeing to head towards $0. Bitcoin has failed, as is confirmed.
Agreed. The time to get out is now. |
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bitcoinlitcoinbtcltc
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January 27, 2014, 05:36:28 PM |
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As we can see, with the volume of confirmed bad news, the market is agreeing to head towards $0. Bitcoin has failed, as is confirmed.
I can confirm this. |
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piramida
Legendary
Offline
Activity: 1162
Merit: 1009
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January 27, 2014, 05:43:10 PM |
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When bitcoin costs $0, you won't be even able to buy back, because 1 cent would buy an infinite amount of bitcoins, and there's only 12 million total, and cents are not fractional. So once it reaches $0, it is not recovering, as nobody can buy anymore. Confirmed by math.
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i am satoshi
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eiskalt
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January 27, 2014, 05:59:57 PM |
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When bitcoin costs $0, you won't be even able to buy back, because 1 cent would buy an infinite amount of bitcoins, and there's only 12 million total, and cents are not fractional. So once it reaches $0, it is not recovering, as nobody can buy anymore. Confirmed by math.
What about byeing at -0.00001$/BTC then. Just asking theoretically, no chance for me to ever get involved into this fantasy-game. |
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hyphymikey
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January 27, 2014, 06:02:32 PM |
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I'm glad I didn't use my real name when I bought around 300 coins from BitInstant early last year.
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bitcoinlitcoinbtcltc
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January 27, 2014, 06:04:25 PM |
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bitcoin is going to DIE DIE DIE DIE anyone who thinks bitcoin was going to replace traditional currency, or even gold, which have been around for FRIGGIN THOUSANDS OF YEARS, and which are backed by a fucking huge system you couldn't even imagine, and of course nuclear weapons & 50,000,000+ soldiers, ARE DELUSIONAL
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piramida
Legendary
Offline
Activity: 1162
Merit: 1009
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January 27, 2014, 06:51:20 PM |
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When bitcoin costs $0, you won't be even able to buy back, because 1 cent would buy an infinite amount of bitcoins, and there's only 12 million total, and cents are not fractional. So once it reaches $0, it is not recovering, as nobody can buy anymore. Confirmed by math.
What about byeing at -0.00001$/BTC then. Just asking theoretically, no chance for me to ever get involved into this fantasy-game. Right, nobody would be insane enough! Even if somebody bought at 0.00001, *then* bitcoin would go to zero and he won't be able to sell it anymore. |
i am satoshi
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piramida
Legendary
Offline
Activity: 1162
Merit: 1009
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January 27, 2014, 06:52:52 PM |
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bitcoin is going to DIE DIE DIE DIE anyone who thinks bitcoin was going to replace traditional currency, or even gold, which have been around for FRIGGIN THOUSANDS OF YEARS, and which are backed by a fucking huge system you couldn't even imagine, and of course nuclear weapons & 50,000,000+ soldiers, ARE DELUSIONAL
Of course you are right! No other source of light can replace open fire which was used for tens of thousands of years, ridiculous to even try and invent something better than a candle. |
i am satoshi
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An amorous cow-herder
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January 27, 2014, 07:02:38 PM |
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Of course you are right! No other source of light can replace open fire which was used for tens of thousands of years, ridiculous to even try and invent something better than a candle.
And when the day of justice will be upon unscrupulous for exploiting the masses the mob shall rise, pitchforks and torches in their hands! Try doing that with light bulbs. Not nearly as impressive ... |
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piramida
Legendary
Offline
Activity: 1162
Merit: 1009
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January 27, 2014, 07:16:49 PM |
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Of course you are right! No other source of light can replace open fire which was used for tens of thousands of years, ridiculous to even try and invent something better than a candle.
And when the day of justice will be upon unscrupulous for exploiting the masses the mob shall rise, pitchforks and torches in their hands! Try doing that with light bulbs. Not nearly as impressive ... I see alot of LED torches here: http://www.torchdirect.co.uk/, but you are right, mob with led torches will look like a hippie party lost in the woods. Need the smell, the sound of burning oil, etc |
i am satoshi
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eiskalt
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January 27, 2014, 07:21:37 PM |
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Of course you are right! No other source of light can replace open fire which was used for tens of thousands of years, ridiculous to even try and invent something better than a candle.
And when the day of justice will be upon unscrupulous for exploiting the masses the mob shall rise, pitchforks and torches in their hands! Try doing that with light bulbs. Not nearly as impressive ... Well, the germans had some fancy torchlight processions some time ago. Very impressive, but somehow failing a few years later. |
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