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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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Ngaio
Newbie
 Offline
Activity: 42
Merit: 0
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July 07, 2014, 05:08:41 PM |
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On which exchange, I wonder  |
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Pathi (OP)
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July 07, 2014, 05:18:40 PM |
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On which exchange, I wonder Mtgox.FR???  |
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allthingsluxury
Legendary
Offline
Activity: 1540
Merit: 1029
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July 07, 2014, 05:25:02 PM |
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Wow, crazy.  |
Gold & Silver Financial News: Silver Liberation Army, Gold & Silver News, Geopolitical & Financial News, Jim Rickards Blog, Marc Faber Blog, Jim Rogers Blog, Peter Schiff Blog, David Morgan Blog, James Turk Blog, Eric Sprott Blog, Gerald Celente Blog |
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keithers
Legendary
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Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
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July 07, 2014, 05:47:07 PM |
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It's crazy how the news always inflates the values of the seized goods that they get from raids. Just like all those drug busts that they do where they claim that it's "street value" is like a quarter of a billion dollars...
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Rub3n
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July 07, 2014, 05:55:58 PM |
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In b4 change. It will happen. The Dutch are working on a legit and legal exchange, it will be a nice start.
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CoinFire
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July 07, 2014, 05:58:40 PM |
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Yeah I certainly find the timing of all of the negative BTC related statements coming out of Europe very suspect at a time when Spain is seizing deposits retroactively, several countries are desperately trying to prop everything up to appear to be okay and currencies are failing. It seems that they are truly worried people will start looking at alternatives so FUD is happening on a larger scale. |
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bluemeanie1
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July 07, 2014, 06:04:21 PM |
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Yeah I certainly find the timing of all of the negative BTC related statements coming out of Europe very suspect at a time when Spain is seizing deposits retroactively, several countries are desperately trying to prop everything up to appear to be okay and currencies are failing. It seems that they are truly worried people will start looking at alternatives so FUD is happening on a larger scale. There were undercurrents going on for a while. For instance Belgium banned derivatives based on BTC. Historically Europe has been far more restrictive towards alternative currencies. http://en.wikipedia.org/wiki/Beenz.comThe Spanish banking deposit thing is indeed a very scary omen. In a larger historical context it was alternative currencies that led to America's independence from Europe. http://21stcenturycicero.wordpress.com/fraud/colonial-scrip/-bm |
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thandie
Legendary
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Activity: 2016
Merit: 1360
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July 07, 2014, 06:16:14 PM |
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mike25
Member
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Activity: 97
Merit: 10
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July 07, 2014, 07:28:14 PM |
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Idiots!! What they will realize in time is that Bitcoin is the next biggest revolution after internet. The only real danger to Bitcoin may surface 50 years down the line, when Skynet becomes self-aware and takes over all internet. Then we may need a John Connor to save our Bits. Fun apart, would the french police also declare Paypal illegal there once Paypal integrates Bitcoin in its system? |
Bitcoino.com, Cryptoe.com - Premium Domain Names for Sale
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cr1776
Legendary
Offline
Activity: 4032
Merit: 1301
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July 07, 2014, 07:35:33 PM |
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Yeah I certainly find the timing of all of the negative BTC related statements coming out of Europe very suspect at a time when Spain is seizing deposits retroactively, several countries are desperately trying to prop everything up to appear to be okay and currencies are failing. It seems that they are truly worried people will start looking at alternatives so FUD is happening on a larger scale. There were undercurrents going on for a while. For instance Belgium banned derivatives based on BTC. Historically Europe has been far more restrictive towards alternative currencies. http://en.wikipedia.org/wiki/Beenz.comThe Spanish banking deposit thing is indeed a very scary omen. In a larger historical context it was alternative currencies that led to America's independence from Europe. http://21stcenturycicero.wordpress.com/fraud/colonial-scrip/-bm FTFY: Historically Europe has been far more restrictive towards almost everything. Although in the past 100 years the US has been trying to catch up. |
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bluemeanie1
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July 07, 2014, 07:37:22 PM |
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Yeah I certainly find the timing of all of the negative BTC related statements coming out of Europe very suspect at a time when Spain is seizing deposits retroactively, several countries are desperately trying to prop everything up to appear to be okay and currencies are failing. It seems that they are truly worried people will start looking at alternatives so FUD is happening on a larger scale. There were undercurrents going on for a while. For instance Belgium banned derivatives based on BTC. Historically Europe has been far more restrictive towards alternative currencies. http://en.wikipedia.org/wiki/Beenz.comThe Spanish banking deposit thing is indeed a very scary omen. In a larger historical context it was alternative currencies that led to America's independence from Europe. http://21stcenturycicero.wordpress.com/fraud/colonial-scrip/-bm FTFY: Historically Europe has been far more restrictive towards almost everything. Although in the past 100 years the US has been trying to catch up. True. America gets criticized if even the slightest restriction is imposed. -bm |
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bluemeanie1
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July 07, 2014, 08:08:14 PM |
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Part of what I've been working on are ways for these economic hostages to safeguard their personal wealth... I do believe that Bitcoin will be a major(perhaps primary) refuge because although not perfect it is has the longest history of any crypto and is the most credible.
-bm
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leopard2
Legendary
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Activity: 1372
Merit: 1014
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July 07, 2014, 08:59:06 PM |
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It does not say anything about customers being defrauded, so I am massively confused
a) super official Mtgox defrauds millions of people = legal = just bankrupcty court
b) french place, operates properly but a pig rats on them = illegal = closed by police
So cheating people out of their money is fine, if you are registered?
How can you ILELGALLY sell bitcoins? I can see that you can ILLEGALLY STEAL bitcoins or SCAM people but if coins are exchanged for currency, at a muttually agreed price, how can that be ILLEGAL? Another example for the tendency to create crimeless crime because there is not enough victimless crime out there to feed all the government scum.
What is wrong with this planet. ..... !!!!!!!!!!!!!!!!!!!
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Truth is the new hatespeech.
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ajareselde
Legendary
Offline
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
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July 07, 2014, 09:11:36 PM |
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On which exchange, I wonder It was probably some local exchange without any licence to exist. It is not so bad that they shut it down, because its possible that in the future we would see another news about people that got scammed by failed exchange. As far as i see this, this is just good news.  |
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cryptnutter
Member
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Activity: 70
Merit: 10
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July 07, 2014, 09:23:09 PM |
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LOL 9000 euros per "unit".
On a more serious note, is it just me or does France seem to be really anti-Bitcoin? I've read stories of questioning at French airports as well.
It must be because they are so desperate to squeeze every last tax dollar out of their citizens that they can get.
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Bit_Happy
Legendary
Offline
Activity: 2100
Merit: 1040
A Great Time to Start Something!
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July 07, 2014, 09:40:22 PM |
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French Authorities dismantle "Illegal" Bitcoin exchange.
Duplicate topic, do mods ever merge threads here? (I think usually the answer is 'no')
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herzmeister
Legendary
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Activity: 1764
Merit: 1007
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July 07, 2014, 09:42:43 PM |
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yeah, thought about that too, interesting story to unfold here... |
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designfail
Member
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Activity: 86
Merit: 10
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July 07, 2014, 09:54:39 PM |
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I started to feel annoyed when some little crappy news takes the price down significantly. Something is definitely not right here
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Bagatell
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July 07, 2014, 09:56:50 PM |
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I started to feel annoyed when some little crappy news takes the price down significantly. Something is definitely not right here
You're confusing coincidence with causality. |
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designfail
Member
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Activity: 86
Merit: 10
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July 07, 2014, 10:05:30 PM |
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either way. I jumped in when the price was 520->460->420->560->580, so maybe it's time for me to quit. I do not believe in 'to da moon'.
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franky1
Legendary
Offline
Activity: 4214
Merit: 4485
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July 07, 2014, 10:13:51 PM |
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will the FUD ever stop!!!
the pdf from the EBA has one paragraph about bitcoin. and all it says is that bitcoin can be risky, and that it needs to publicly announce those risks
meaning like every other country (bolivia, china, russia, UK, america)
"bitcoins are risky, they are unregulated and investors can lose aswell as gain"
so chill out folks its not war!!
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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Bit_Happy
Legendary
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Activity: 2100
Merit: 1040
A Great Time to Start Something!
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July 07, 2014, 10:28:09 PM |
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either way. I jumped in when the price was 520->460->420->560->580, so maybe it's time for me to quit. I do not believe in 'to da moon'.
You can (partially) "jump out" the same way. Maybe, sell a little for a profit and hold the rest, since BTC fundamentals are looking really strong. |
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Skele
Full Member
Offline
Activity: 224
Merit: 100
VocalPlatform.com
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July 08, 2014, 06:24:44 PM |
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After some time every bad news turns into good ones for Bitcoin, at any case it still increases its popularity and carefulness of holders.
€ 9000 each ? holly...
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CoinFire
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July 09, 2014, 05:27:16 PM |
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either way. I jumped in when the price was 520->460->420->560->580, so maybe it's time for me to quit. I do not believe in 'to da moon'.
I don't look at it as an investment you jump in or out of. I look at hedging slightly because I would rather see it become an actual currency being used to buy and sell goods and services and not just an investment platform to make fiat money. |
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designfail
Member
Offline
Activity: 86
Merit: 10
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July 10, 2014, 02:44:46 AM |
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either way. I jumped in when the price was 520->460->420->560->580, so maybe it's time for me to quit. I do not believe in 'to da moon'.
You can (partially) "jump out" the same way. Maybe, sell a little for a profit and hold the rest, since BTC fundamentals are looking really strong. Thanks for your advice. I am anyway stuck with $3K sale limit at coinbase.. selling 4btc a day will will take me quiet a time to cash out |
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designfail
Member
Offline
Activity: 86
Merit: 10
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July 10, 2014, 02:48:10 AM |
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either way. I jumped in when the price was 520->460->420->560->580, so maybe it's time for me to quit. I do not believe in 'to da moon'.
I don't look at it as an investment you jump in or out of. I look at hedging slightly because I would rather see it become an actual currency being used to buy and sell goods and services and not just an investment platform to make fiat money. Despite all recent positive news I do not think we are ready for the primetime yet. Maybe one or two more iterations bubble-collapse. We still do not know whats gonna happen with the remaining Silk Road coins, mt gox coins.. this dust should settle. |
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CoinFire
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July 10, 2014, 03:57:39 AM |
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either way. I jumped in when the price was 520->460->420->560->580, so maybe it's time for me to quit. I do not believe in 'to da moon'.
I don't look at it as an investment you jump in or out of. I look at hedging slightly because I would rather see it become an actual currency being used to buy and sell goods and services and not just an investment platform to make fiat money. Despite all recent positive news I do not think we are ready for the primetime yet. Maybe one or two more iterations bubble-collapse. We still do not know whats gonna happen with the remaining Silk Road coins, mt gox coins.. this dust should settle. Absolutely we've still got some major issues that will need to be resolved but it seems that they are, slowly. |
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ipnone5only
Newbie
Offline
Activity: 37
Merit: 0
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July 13, 2014, 06:13:00 PM |
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France is the least capitalistic country in Europe. Their regulations are so extreme, it's basically impossible to start a business and taxes are incredibly high. They are a welfare state where it's easier to be unemployed than start a business.
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ipnone5only
Newbie
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Activity: 37
Merit: 0
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July 13, 2014, 06:19:18 PM |
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They are in dire need of Bitcoin. I hope a very strong grass roots movement begins.
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Nerazzura
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July 19, 2014, 05:37:58 PM |
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hmm .. I just take the good news of its course. for bad news not too ignored: D |
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barney_stinson
Newbie
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Activity: 85
Merit: 0
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July 19, 2014, 05:48:45 PM |
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France is a place where you can be rich (with bitcoins of course) and can be out of law at the same time.
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BTCfan668
Member
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Activity: 88
Merit: 10
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July 19, 2014, 05:57:12 PM |
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I think the author was misinformed as to the value of bitcoin. The exchange rate has not changed that much recently |
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Lohoris
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July 19, 2014, 08:23:10 PM |
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I think the author was misinformed as to the value of bitcoin. The exchange rate has not changed that much recently  |
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