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threecats
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March 11, 2014, 07:14:54 PM |
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New York & London. Both seem to have an eye on the prize.
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juve4v
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March 11, 2014, 07:28:10 PM |
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Finally some good news!
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dyland
Full Member
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Activity: 238
Merit: 100
We must become the pitiless censors of ourselves.
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March 11, 2014, 07:35:15 PM |
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Also from canada here, btw.
My personal and initial reaction the news was positive, but I don't think we'll see an uptick until these regulated exchanges are up and running.
I expect we will still see some lower prices over the next few weeks, with the trend reversal happening about 21-28 days from now.
No concrete idea of the bottom, but I think it'll be around 500 USD.
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Blackcoin ~ 10 second transactions (fastest coin) ~ 100% proof of stake (the first) ~ No wasteful mining (most efficient)
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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March 11, 2014, 07:41:31 PM |
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I like Lawsky, he is loaded in bitcoin for sure  |
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threecats
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March 11, 2014, 07:48:51 PM |
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Yea and all his homies too : -)
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Dalmar
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March 11, 2014, 08:08:57 PM |
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They should have called it the Anti-Goxing licence.  |
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Buffer Overflow
Legendary
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Activity: 1652
Merit: 1016
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March 11, 2014, 08:14:50 PM |
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I'm sure the media will spin the news into a negative light.
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Mythul
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March 11, 2014, 08:32:19 PM |
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Finally CCMF. Good news.
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DeathAndTaxes
Donator
Legendary
Offline
Activity: 1218
Merit: 1079
Gerald Davis
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March 11, 2014, 08:37:18 PM |
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Did anyone actually read the article?
Companies can submit "applications" despite there being no application process, requirements, or standards and they will be bound by rules which haven't even been written yet but may be written sometime around the end of the 2nd quarter.
In related news I am sure your local car dealership would be glad to sell you a car which doesn't exist yet with features and price to be determined next year.
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pungopete468
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March 11, 2014, 08:50:54 PM |
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Did anyone actually read the article?
Companies can submit "applications" despite there being no application process, requirements, or standards and they will be bound by rules which haven't even been written yet but may be written sometime around the end of the 2nd quarter.
In related news I am sure your local car dealership would be glad to sell you a car which doesn't exist yet with features and price to be determined next year.
That's true for now. But that'll all work itself out in time. We might have a professional NY Bitcoin Exchange by the end of the year... |
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Alonzo Ewing
Legendary
Offline
Activity: 1040
Merit: 1001
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March 11, 2014, 08:55:21 PM |
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While everyone rejoices, let me be the wet blanket:
Licensing is fundamentally anti-competitive. This is crony capitalism.
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MonadTran
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March 11, 2014, 08:56:22 PM |
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We might have a professional NY Bitcoin Exchange by the end of the year...
Does applying for a government permit make a business professional? |
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DeathAndTaxes
Donator
Legendary
Offline
Activity: 1218
Merit: 1079
Gerald Davis
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March 11, 2014, 08:58:35 PM |
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We might have a professional NY Bitcoin Exchange by the end of the year...
Maybe even one as successful as MF Global. |
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threecats
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March 11, 2014, 09:07:04 PM |
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For each of you guys negging this news there are a dozen smart and motivated people in NY working late tonight to get in on this. Regulations are a small price to pay to be among the first legal exchanges in NYC. And these guys have been playing the regulation game for years, it comes with the territory.
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Buffer Overflow
Legendary
Offline
Activity: 1652
Merit: 1016
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March 11, 2014, 09:30:11 PM |
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While everyone rejoices, let me be the wet blanket:
Licensing is fundamentally anti-competitive. This is crony capitalism.
Anywhere that bitcoin and fiat touch there is always going to be regulation/licensing etc... I've know this from the very start. There's no way around it. |
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juve4v
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March 11, 2014, 09:43:39 PM |
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Did anyone actually read the article?
Companies can submit "applications" despite there being no application process, requirements, or standards and they will be bound by rules which haven't even been written yet but may be written sometime around the end of the 2nd quarter.
In related news I am sure your local car dealership would be glad to sell you a car which doesn't exist yet with features and price to be determined next year.
Would have been better to just ban this ? Pfff naysayers gonna nay... I watched Lawsky at the hearings and saw him like a man open to the future.The right man at the right place at the right time. So this is good news no matter if short or long term. Period! |
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aminorex
Legendary
Offline
Activity: 1596
Merit: 1030
Sine secretum non libertas
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March 11, 2014, 10:22:34 PM |
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I watched Lawsky at the hearings and saw him like a man open to the future.The right man at the right place at the right time.
So this is good news no matter if short or long term. Period!
Happy violator of the 4th amendment he is. |
Give a man a fish and he eats for a day. Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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tvbcof
Legendary
Offline
Activity: 4788
Merit: 1283
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March 11, 2014, 10:24:48 PM |
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I watched Lawsky at the hearings and saw him like a man open to the future.The right man at the right place at the right time.
So this is good news no matter if short or long term. Period!
Happy violator of the 4th amendment he is. All the kids are doing it. |
sig spam anywhere and self-moderated threads on the pol&soc board are for losers.
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