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turtlehurricane
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May 10, 2014, 08:03:05 PM
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Adelex
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May 10, 2014, 08:27:23 PM
 #2

BOLD TEXT SENSATIONAL TITLE

The SEC has a duty and they're fulfilling it responsibly. For those of us who've done the due diligence, understand the risks and invest in spite of them, that's our choice and they don't have a problem with that. Stop thinking in this black and white "THE GOVERNMENT HATES FREEDOM" mentality. It's more complex than that.
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May 10, 2014, 09:51:49 PM
 #3

BOLD TEXT SENSATIONAL TITLE

The SEC has a duty and they're fulfilling it responsibly. For those of us who've done the due diligence, understand the risks and invest in spite of them, that's our choice and they don't have a problem with that. Stop thinking in this black and white "THE GOVERNMENT HATES FREEDOM" mentality. It's more complex than that.

it's the duty of the government to eliminate freedom and make you think you're free.
galbros
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May 10, 2014, 10:55:33 PM
 #4

All they seem to be saying is buyer beware, which is pretty much what the SEC tells all consumers about any security.

Your post would be better if you explained what statements you think are directly tied to the SEC trying to destroy it.

It seem that BTC is being viewed in the US as just another asset.  Not as good as it could be, but not catastrophic.

Good Luck.
samson
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May 11, 2014, 12:17:40 AM
 #5

I've been saying this for some time.

The US Government has been playing along being all nice and talkative about Crypto currencies and working towards friendly regulation.

At the same time they've been doing everything in their considerable power to destroy them.

One day they could ban anyone in the US from purchasing it unless they have accredited investor status - that would kill it dead in the US in a day.

They just need an excuse.
TERA
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May 11, 2014, 01:05:17 AM
 #6

And don't forget...

All bitcoin hodlers will be summarily executed.
Elwar
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May 11, 2014, 04:39:06 AM
 #7

BANKS AND GOVERNMENTS DO NOT LIKE BITCOIN

News at 11.

http://www.bitpools.com
Pool your bitcoins with others. Vote on solutions using the Bitcoin blockchain. Keep your bitcoins in your cold storage until you find a solution you like.
Links and Reviews of useful every day places to spend bitcoins: https://bitcointalk.org/index.php?topic=943143.0
cbeast
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Let's talk governance, lipstick, and pigs.


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May 11, 2014, 05:00:34 AM
 #8

And don't forget...

All bitcoin hodlers will be summarily executed.
Confirmed.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
TERA
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May 11, 2014, 08:42:12 AM
 #9

Anyways I read the SEC statement and it doesn't seem any different than risk disclosures about investments involving cash or gold or anything else. They are just giving risk WARNINGS, and it's almost entirely about third party investments involving bitcoin and not about bitcoin itself.

You don't have to take being a bear to the point of being paranoid delusional or spreading misinformation. Charts should be enough.
btcxyzzz
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Monero - secure, private and untraceable currency.


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May 11, 2014, 12:09:46 PM
 #10

And don't forget...

All bitcoin hodlers will be summarily executed.

In fucking China? Would not surprise me at all.

Bitshares - advanced decentralized exchange and asset platform.
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May 11, 2014, 12:17:04 PM
 #11

People seem to be forgetting that Bitcoin and governments are not compatible. One of them will have to go before this is over...

It's all bullshit. But bullshit makes the flowers grow and that's beautiful.
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May 11, 2014, 12:47:01 PM
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People seem to be forgetting that Bitcoin and governments are not compatible. One of them will have to go before this is over...
Since the government created the internet itself, it is not going to be hard to figure this one out if it comes to that.
NotLambchop
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May 11, 2014, 12:47:17 PM
 #13

Could the fact that 95% of Bitcoin securities lose money for their investors have anything to do with it?
Or that issuers disappear after garnering as much media attention as possible?


p0peji
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May 11, 2014, 12:49:31 PM
 #14

And don't forget...

All bitcoin hodlers will be summarily executed.

This board will be a better place  Cool
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May 15, 2014, 03:00:29 AM
 #15

Hey OP, you should always use quotes when you quote someones words. Your subject title are not your words.



 Now on to this inflammatory thread and the associated article at the link at The Cryptocurrency Times.

 Okay, 1st the author of this article at The Cryptocurrency Times is wrong. And the OP likewise is the same
for posting such an inflammatory and incorrect quote along with the link to a inaccurate article.


 While on the topic of The Cryptocurrency Times check out whom they call the #1 Crypto Exchange site, and
notice how that Exchange is completely hiding in the shadows without so much as listing their address, let
alone a phone or fax number, or who owns or runs the Exchange. Just like many other Exchanges that
ultimately ended up abusing, or defrauding, or operating under grossly negligent methods that one way or
another ended up costing customers their cryptocurrencies in those accounts. About the only beef I had with
that article was the fact that the author names that new startup Exchange as #1 when we can't even so much
as vet them out, at all. That's over the top. Just like this thread and The Cryptocurrency Times massively
inflammatory/incorrect statement that reads as follows:

 "The SEC statement on Bitcoin: the government is doing everything they can to stifle the Bitcoin trade"

 That's a bold face misstatement of the facts. Either the authors comprehension skills are severely lacking
or their judgement was somehow compromised.


FACT CHECK:

 Many people have been scammed, cheated, ripped off, de-frauded, and bam boozled in the Bitcoin arena.

 Like it or not this fully unregulated free marketplace isn't everything the Libertarians dreamed it would be.
In fact their concept of a completely unregulated marketplace is exactly what torpedoed the global stock
markets and many countries real estate markets several years back, not to mention busted the banking
system nearly world wide and to date has required in excess of 40 Trillion worldwide in new money creation
so far, and with no way out but to keep themselves (The Central Banks) being the BUYERS of LAST RESORT
for government bonds including right here in the USSA.

 Bitcoin is much like a large poker room full of poker tables and players. Their both merely a reflection of
society at large. Get a grip and mature to the fact that we have police and procecutors along with Judges
and Juries to prosecute criminals. In other words regulations and laws, because if we don't it's truly the
wild, wild west. Just like Banking and Wall Street still is, and same for almost all other nations too. And
same for almost every last major bank the world over, and especially every Central Bank, or damn near.

 Today many have gone rouge and are without any scruples. It's tough to be able to trust anyone anymore
when it comes to money and investments. Anyone with nary a clue already knows this fact. It's the same
in the Bitcoin arena. Many shady crooks are fleecing many unsuspecting fools and dupes out of their money.
Until things get much better established and many of the crooks are brought to justice it's apparent that this
will just keep going on and on.

 The SEC is issuing a written Warning. But isn't about to take any action since their marching orders come
not from Congress or the White House, nor the DOJ, but instead from the Financial industry that has the
SEC in it's back pocket, just like the Financial industry has Congress and the White House in it's back pocket.
That's the way it's been for over the last hundred years and then some. But more recently things went from
bad to awful when suddenly much of the wealthy people and others were allowed to turn all their losing
investments back into winners, and there by turn many a legitimate winner back into losers.


"the government is doing everything they can to stifle the Bitcoin trade" BULLSHIT!


"Did you read the article?"    YES.


"All they seem to be saying is buyer beware, which is pretty much what the SEC tells all consumers about any security".
CORRECT.


"At the same time they've been doing everything in their considerable power to destroy them". NONSENSE. Bullshit!

"One day they could ban anyone in the US from purchasing it unless they have accredited investor status" BULLSHIT.
This is absolute nonsense. This is right wing horse manure. Or some wild eyed Libertarian fool with delusions. Or maybe
a stoned liberal high on PCP???

 Yes there are many Communists and Fascists in Amerika today. But there is no way the USSA or Europe has the nerve
to outright ban Cryptocurrencies. First of all their completely legal currencies. Secondly their decentralized and they
simply cannot be stopped no matter what.


"They are just giving risk WARNINGS, and it's almost entirely about third party investments involving bitcoin and
not about bitcoin itself."    CORRECT!



"People seem to be forgetting that Bitcoin and governments are not compatible" WHAT A CROCK OF UTTER STUPIDITY.
And straight from a dishonest, immature Anarchist that never quite grew the hell up, or a completely off their rocker
20 something spoiled Anarchist.


end of edited text:
===========

Enough background and facts:


 It would be much more accurate to state that the government and the SEC are both negligent and wholly
incompetent NOT to bring the many Bitcoin crooks to justice all to very often.

 Of course some who are against Bitcoin will not want to do that for fear it may help instead of hurt Bitcoin's
future. Then again many in government gave a love fest to Bitcoin last Fall just before the late 2013 massive
Bitcoin price spike occurred. Cleaning up the Bitcoin playing field is the last thing Banksters want to see
occur since then people would be much more inclined to jump on the BitcoinExpress.

 Yes, the Banksters don't care for Bitcoin, but even Bernanke was publicly fawning over it's genius, and
rightly so.

 No matter what any Banksters nor what any governments attempt to do all they can really do is slow
down the adoption rate at most. Bitcoin is wholly unstoppable at this point in time. That Genie is out of
the bottle and far too fierce and unstoppable to ever put back without outright banning it, and even that
wont stop Bitcoin since today the entire monetary and financial systems less Norway are on the edge of
their ruin. But have no fear for already three times in the last century alone the officials just devise up a new
set of schemes for the new monetary systems. In the mean time jerk-offs like Buffett will dump all his
32 billion in cash in a Railroad (a few years back), and others with half a clue will be dumping their cash
too, knowing full well it's "either inflate or the system implodes almost immediately, with absolute certainty"
All while lying and contriving of scheme after crooked scheme. Much like the FED now owning the asset
backed paper (mortgages) that cost it nothing since the money was created by the FED out of thin air
for zero cost, save just over a dozen keystrokes. All while others are stuck with soon to be ruined
Treasuries that have no assets backing them. Toss in the Hedge funds and other wealthy types that have
dumped cash into every hard asset from real estate to businesses to precious medals and even Bitcoins.


 No the government is not out to wreak Bitcoin.

 Sure banksters are terrified of losing power and control, and rightly so. But they AGAIN wreaked the
entire world with their sheer lunacy and stupidity. They refuse to say no to governments and keep
allowing governments to vastly overspend. Not to mention charge usury rates of interest into perpetuity
for merely printing money up out of thin air and then turning around and loaning it to governments with
out it costing the bankers anything. Instead they rake in trillions annually world wide from what surely
is the most evil crime ever perpetrated modern history on a most unsuspecting public until rather recently.
It's financially enslaved the world and brought to the brink of ruin country after country. It's time to kick
out The FED, The Bank of England, The Bank of Japan (those are the 3 largest) and all the rest of the
central banks too. It's also time to end Debt based Fiat and make it highly illegal by way of constitutional
amendments so that it hopefully never occurs again in the future.

 Central Bankers a complete phonies, and criminals of the very worst type. Governments must govern
and they are going to insist on having control of their own legal tender. Europe is a bloody mess today
because nations cannot do what Japan, the USA and the UK are doing (papering over the debts by
borrowing ever more money from their respective central banks). It's sheer madness but hey, their
insanely stupid criminals. Even with the power of a free printing press these clowns called Banskters
cannot keep from wreaking the most evil and diabolical scam to ever be successfully launched on the
vast majority of the world.

 It's not governments that are scared of Bitcoin, it's the God Damn Evil Banksters.
===================================================

 And I spelled it all out just in case some are still blissfully unaware of the real facts.


 It's come to past that we must end DEBT BASED fiat loaning to governments by their respective
Central Banks. Governments need their own debt FREE currency and learn to either handle the fiduciary
duties or keep failing until they learn to do so. Central Banks have failed repeatedly for centuries to behave.
They wont ever behave. They instead lie, cheat, steal, swindle, con, extort, bribe, influence, coerce, and
even resort to blackmail and threats of Martial Law if their demands are not met as in 2008 in D.C. during
the Lehman Brothers and AIG collapses and the ensuing financial panic along with 400 multimillionaire
Hank Paulson at the Treasury down on his knees begging Congressional leaders for that joke of a TARP
bill, all while The FED secretly loaned out TRILLIONS right then and there. 15.3 trillion through 2012 that
the FED finally confessed to doing. Of course Paulson put on a grand show business theater for the dupes
in Congress and he warned them that they too would lose their investments if they didn't past the charade
known as TARP at a puny 800 Billion if I recall correctly. All while warning there would also be ensuing
Martial Law for an extra touch of drama. Bullshit. The FED saved the day, TARP was all so these maggots
could pull down Wall Street at their own timing. And scream Money Honey on CNBC did. "SELL, SELL, SELL,
we need you to all sell so they will pass the TARP BILL". Bullshit. It was because all the connected insiders
were all levered up FULL SHORT and cleaned up while crashing the market from October 2008 until March
2009.

 For everyone's information: Just about everyone wants to see the Banksters hang till dead, dead, dead.
Even Congress. But the Banksters still very much own Congress along with the other most powerful
multinational corporations.

 Funny though, not even the major corporations care to save these maggot Banksters anymore. O, maybe
publicly they support them, but surely not privately. After all the Banksters and other Wall Street insiders
cost everyone else a lot of money and suffering. Yet it didn't save the Banksters, and neither did 15 trillion
more. And neither will 50 more trillion save The FED and Wall Street, along of course with a ruptured S & P
500 that also receive huge low cost or no cost loans. Toss in all this REWARDING FAILURE and suddenly
the last vestage of Free Market Capitalism fully Died in September 2008. Bankster Fascism then rose.
But their far too dimwitted and greedy, plus their logic far too flawed to save themselves, let alone save
their nation-state clients and it's societies.

 Hence this system will end, and soon emergency meetings and solutions will boot up a new set of monetary
systems.

 That's when Bitcoin hit's either $10,000.00 or $50,000.00 or even $100,000.00 or higher.

 Bitcoin has nothing to fear. And neither does anyone else. Just have enough physical cash to last 30 to 90 days
and enough food for a month too. In this digital age it will all be worked out in record time. In fact it's already
idle and awaiting it's boot up most likely. I believe Bitcoin was a covert effort of a faction of the US Government
but for exactly what purpose escapes me. But I am not the one that first speculated it was a Darpa/NSA Black
OPS either. Make sense though. Anything to dethrone these maggot Banksters. See, I am one of their sworn
enemies for life. Until the FED is Abolished I just keep hammering away. But unlike Ron Paul I know better than
to have the foolish notion that "deregulation and privatization are the only solutions" Ron Paul shortly after the
2008 National Elections.

 Well hows that Deregulation and Privatization working out for Society at large these days? Not good eh? Well
it's fine if your in the lucky top 0.5%, but today even the top 0.6% to 1.0% are more often sweating bullets
than not. And only the top 0.1% and higher are making many millions to billions hands over fists, year after
year.

 Lastly, recall how JP Morgan Chase, Citibank and Goldman rarely hade losing days in the stock markets after
March 2009 for well over a year as I recall?  Yea, well it's nice if you can be an insider in a fixed racket isn't it.
NOT. Even stealing everything in site can't save these maggot Banksters or the major nations in this world
today.

 We're in slow motion collapse dummies.

 Then we reboot. Albeit almost everyone will be poorer than before. But it certainly wont be doom and gloom
unless of course these Ruling Bankster idiots push a real world leader to the brink. If that happens we will all have
much graver things to deal with, if we are not vaporized, or worse.

 Odds all it all works out in the next several years. And Bitcoin is going to be the New King of Currencies for
a very long time. Toss in nations will finally have their own debt free currencies and a near global restructuring
of debts made manageable, and toss in that many a bond holder FINALLY getting a much deserved very short
haircut, financially speaking.


 So, the OP tosses out nonsense for whatever reason and I will toss out Filet Mignon in return.

 Besides I refuse to live under fear of any and all chick-hawk cowardly Bankster idiots and their minions.
Their all simply the Wizards of Oz hiding behind the scene without any power as soon as the government say so.
Or as soon as the Public finally demands it.

 END THE FED.

Demand DEBT FREE NATIONAL CURRENCIES. Not these scams such as the Euro that just further enslave
country after country and then leave those countries with no way to finesse their way out of their mess. But
above all else they MUST BE DEBT FREE National Currencies. Every nation deserves their own currency, or
adopt Decentralized Cryptocurrencies with of course the King being Bitcoin for the foreseeable future. Then
again their is nothing to stop country after country from creating and competing direction with
Cryptocurrencies. Only there will the best win out. Otherwise it's just another series of giant long cons and
swindles. Either way the peoples win, and so will Bitcoin and maybe other already existing best alternatives.
Then again it appears that Bitcoin is going to sweep the field since the rest are merely floundering with Bitcoin
now seemingly light-years ahead and almost already too far ahead to be matched, let alone beaten.

UTILIZE BITCOIN to assure Governments behave, and if not abandon their legal tenders for Bitcoin as some
of us already have, lol. Get a grip, man up! Or be the Banksters slaves from cradle to grave. It's your choice.

Do those three things and save your own futures and your children's and grand children's future. Don't do them
and you will end up as financial slaves to your graves and beyond, and likely far worse off than the previous
generations before you during the last 70 years.


Caveat emptor
serenitys
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May 16, 2014, 01:45:18 AM
 #16

People seem to be forgetting that Bitcoin and governments are not compatible. One of them will have to go before this is over...
Since the government created the internet itself, it is not going to be hard to figure this one out if it comes to that.

Nu uh...Al Gore and Mit Romney created the internet  Grin

You say "anti government" like that's a bad thing...

Unfortunate times will bring out the best in good people and the worst in bad people
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May 16, 2014, 02:00:51 AM
 #17

When people are looted it's not the fault of the currency involved. Blaming bitcoin for human nature is silly.

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May 16, 2014, 02:10:08 AM
 #18

People seem to be forgetting that Bitcoin and governments are not compatible. One of them will have to go before this is over...
Since the government created the internet itself, it is not going to be hard to figure this one out if it comes to that.
Dude, I hope you are just being facetious?  Saying that the government created the internet is like saying Al Gore created the internet.  It it is doing a HUGE injustice to all those brilliant civilian computer scientists that were part of ARPANet back in the 60's.  The U.S. government doesn't creates shit, it just funds it.  Those government and military bozos couldn't even spell 'internet' at the time, much less conceive of it, create it, or even know its true long term potential.
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May 16, 2014, 02:21:02 AM
 #19

People seem to be forgetting that Bitcoin and governments are not compatible. One of them will have to go before this is over...
Since the government created the internet itself, it is not going to be hard to figure this one out if it comes to that.
Dude, how old are you?  Saying that the government created the internet is like saying Al Gore created the internet.  It it is doing a HUGE injustice to all those brilliant civilian computer scientists that were part of ARPANet back in the 60's.  The U.S. government doesn't creates shit, it just funds it.  Those government and military bozos couldn't even spell 'internet' at the time, much less conceive of it, create it, or even know its true long term potential.
When I say 'government', that includes government-led and government-funded programs with civilian government employees and contractors etc.  Civilians and contractors are a big part of the government and the government is not all about the enlistees of the military and congressional branches.
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May 17, 2014, 06:55:25 PM
 #20

Could the fact that 95% of Bitcoin securities lose money for their investors have anything to do with it?
All the SEC did in their investor advisory is to list some of the Bitcoin scumbags. Bitcoin has a big scumbag problem. Over half the "exchanges" have gone bust, most of the Bitcoin "online wallets" went bust or were outright scams, and the Bitcoin "stock markets" were worse.

Yes, the SEC makes Bitcoin look bad, but that's because of the many scumbags involved with Bitcoin.
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