Gold collapsing. Bitcoin UP.

[Torque]

Well now, this made me sit  up and listen:

“The future starts in Greece and we will be the first country to use the currency of the future, a currency that doesn’t allow third parties to tell us what to do or how to live, this is the Greek thing to do,” said the Greek minister.

http://greece.greekreporter.com/2015/04/01/yanis-varoufakis-greece-will-adopt-the-bitcoin-if-eurogroup-doesnt-give-us-a-deal/

May be an April fools joke. Can't tell yet:.

Yes, it is.  

God I hate this stupid day every year, so many folks online trying desperately to be cute/clever/funny, but all just fall flat and come off as groan worthy.  Like this one:

http://blog.newegg.com/introducing-eggcoin-the-worlds-first-egg-based-cryptocurrency/

Not even remotely funny if you ask me.

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[1714196513]

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[tabnloz]

Well now, this made me sit  up and listen:

“The future starts in Greece and we will be the first country to use the currency of the future, a currency that doesn’t allow third parties to tell us what to do or how to live, this is the Greek thing to do,” said the Greek minister.

http://greece.greekreporter.com/2015/04/01/yanis-varoufakis-greece-will-adopt-the-bitcoin-if-eurogroup-doesnt-give-us-a-deal/

May be an April fools joke. Can't tell yet:.

It may be a joke and he may not believe it, but in the era of austerity, NIRP, unemployment and fighting against the interests of powerful institutions, it is a pretty powerful statement.

[marcus_of_augustus]

Well now, this made me sit  up and listen:

“The future starts in Greece and we will be the first country to use the currency of the future, a currency that doesn’t allow third parties to tell us what to do or how to live, this is the Greek thing to do,” said the Greek minister.

http://greece.greekreporter.com/2015/04/01/yanis-varoufakis-greece-will-adopt-the-bitcoin-if-eurogroup-doesnt-give-us-a-deal/

May be an April fools joke. Can't tell yet:.

It may be a joke and he may not believe it, but in the era of austerity, NIRP, unemployment and fighting against the interests of powerful institutions, it is a pretty powerful statement.

... joke's on them when you know they actually would be better off going with bitcoin but are so stupid they still treat it like a joke.

Long way to go ... "then they laugh at you"

[cypherdoc]

Well now, this made me sit  up and listen:

“The future starts in Greece and we will be the first country to use the currency of the future, a currency that doesn’t allow third parties to tell us what to do or how to live, this is the Greek thing to do,” said the Greek minister.

http://greece.greekreporter.com/2015/04/01/yanis-varoufakis-greece-will-adopt-the-bitcoin-if-eurogroup-doesnt-give-us-a-deal/

May be an April fools joke. Can't tell yet:.

It may be a joke and he may not believe it, but in the era of austerity, NIRP, unemployment and fighting against the interests of powerful institutions, it is a pretty powerful statement.

... joke's on them when you know they actually would be better off going with bitcoin but are so stupid they still treat it like a joke.

Long way to go ... "then they laugh at you"

most ppl still have not caught onto the idea that Bitcoin is fundamentally about honesty and hope.  the last couple of days worth of SR reading surely should highlight how deep the corruption runs into our gvt agencies that were supposed to help and protect the public good.  they have morphed into just the opposite; a threat feeding off the free money and the masses.  this is why the inflation/deflation debate is a non-starter. the current inflationary system is corrupt and serves a small financial elite who control the money supply or who are in important authoritarian positions as were the 2 agents.  those of us early Bitcoin adopters are not demanding a new system that allows us to replace those corrupt individuals; all we want is a fair system.  what we've done is also put our money where our mouths are; into a risky new currency that introduces a level playing field for all involved.  it could just as easily fail.  but at this pt i think it is highly unlikely given how far we've come.  the cat is out of the bag and Bitcoin is stimulating concerned discussions in all gvts worldwide.  there is enough decentralization at this pt where no one gvt can shut it down.  the corruption has got to stop.

[cypherdoc]

if the Transports drop below the SL line, look the hell out, as in confirmation of the non-confirmation:

[justusranvier]

most ppl still have not caught onto the idea that Bitcoin is fundamentally about honesty and hope.  the last couple of days worth of SR reading surely should highlight how deep the corruption runs into our gvt agencies that were supposed to help and protect the public good.  they have morphed into just the opposite; a threat feeding off the free money and the masses.  this is why the inflation/deflation debate is a non-starter. the current inflationary system is corrupt and serves a small financial elite who control the money supply or who are in important authoritarian positions as were the 2 agents.  those of us early Bitcoin adopters are not demanding a new system that allows us to replace those corrupt individuals; all we want is a fair system.  what we've done is also put our money where our mouths are; into a risky new currency that introduces a level playing field for all involved.  it could just as easily fail.  but at this pt i think it is highly unlikely given how far we've come.  the cat is out of the bag and Bitcoin is stimulating concerned discussions in all gvts worldwide.  there is enough decentralization at this pt where no one gvt can shut it down.  the corruption has got to stop.

There is quite a bit of propaganda devoted toward distracting people from the value of honest money.

A lot of people have a vested interest in making sure the masses never recognize that is Bitcoin's killer app.

[sporket]

...
most ppl still have not caught onto the idea that Bitcoin is fundamentally about honesty and hope...

Could that have anything to do with the fact that bitcoin is used mainly to commit various flavors of crime?  I mean, Bitcoin Foundation's Vice Chairman is doing time for money laundering

[cypherdoc]

...
most ppl still have not caught onto the idea that Bitcoin is fundamentally about honesty and hope...

Could that have anything to do with the fact that bitcoin is used mainly to commit various flavors of crime?  I mean, Bitcoin Foundation's Vice Chairman is doing time for money laundering

you're confounding the dishonest users of Bitcoin from the protocol itself which cannot be exploited to alter it's preprogrammed supply unlike we have now with fiat.

[cypherdoc]

Although trading has not begun for the fund, there are already several pending orders, Sonnenshein said, with the lowest bid at $20 and the highest topping $35. The latter offer would value a bitcoin at more than $350. The cryptocurrency traded around $244 Monday afternoon.

"That's a pretty meaningful premium," Silbert said, explaining that the business model calls for the share price to eventually come closer to reflecting the trading price of bitcoin. For now, however, he said he expects that investors will be willing to pay some premium for BIT shares because it offers them ease of use and storage.

http://www.cnbc.com/id/102549768

[justusranvier]

you're confounding the dishonest users of Bitcoin

The worse of which, apparently, are federal law enforcement agents.

[msin]

you're confounding the dishonest users of Bitcoin

The worse of which, apparently, are federal law enforcement agents.

True, but Shrem isn't doing Bitcoin any favors, the foundation needs to distance themselves from him.  Anyone who is stupid enough to commit a crime should go.  For all we know, he could have become the next Karpeles had he not been busted for laundering.

[justusranvier]

True, but Shrem isn't doing Bitcoin any favors, the foundation needs to distance themselves from him.

Did you really just put a man who ran an honest business that harmed no one in the same moral category as two gangsters who ran an extortion racket under the colour of law?

[msin]

True, but Shrem isn't doing Bitcoin any favors, the foundation needs to distance themselves from him.

Did you really just put a man who ran an honest business that harmed no one in the same moral category as two gangsters who ran an extortion racket under the colour of law?

Yes

[justusranvier]

True, but Shrem isn't doing Bitcoin any favors, the foundation needs to distance themselves from him.

Did you really just put a man who ran an honest business that harmed no one in the same moral category as two gangsters who ran an extortion racket under the colour of law?

Yes

Thank you for contributing to the general decay of ethics, law, and civilization, asshole.

[msin]

Thank you for contributing to the general decay of ethics, law, and civilization, asshole.

I'm a little confused.  Are you defending Shrem here?  Because what you just wrote actually describes Shrem quite well.  I've met he guy several times, have you?

[cypherdoc]

The Bottom Line: State and local governments in the U.S. have begun to toy with the idea of accepting Bitcoin as payment for taxes and fees. Should this trend take off, the added legitimacy of government approval will push the price of Bitcoin higher.

http://www.nasdaq.com/article/the-price-of-bitcoin-is-about-to-get-a-little-government-help-cm461318

[cypherdoc]

Heads up

https://blockchain.info/charts/n-transactions?status=moon

[justusranvier]

I'm sure this EO will never be misused...

https://www.reddit.com/r/Bitcoin/comments/31443f/donating_to_snowden_is_now_illegal_and_the_us/

[cypherdoc]

I'm sure this EO will never be misused...

https://www.reddit.com/r/Bitcoin/comments/31443f/donating_to_snowden_is_now_illegal_and_the_us/

Seems like there's a small difference in opinion:

http://m.youtube.com/watch?v=JXplakuhjL8

[marcus_of_augustus]

...
most ppl still have not caught onto the idea that Bitcoin is fundamentally about honesty and hope...

... the fact that bitcoin is used mainly to commit various flavors of crime? ...

... you have zero evidence for this shameful lie. You are just a propaganda shill for stupidly repeating it, calling it a "fact" makes you a prime AH.

Bitcoin is used no more, but probably less to "commit crime" than fiat currencies as a percentage of total bitcoin usage. In terms of total overall usage, cash USD by many orders of magnitude has the largest volume in criminal activity.