Gold collapsing. Bitcoin UP.

[Adrian-x]

oh wait... that's the bank bitstamp is working with and where the funds are  

you're kidding?

no its, true. But why would that matter? This is related to bonds and I believe there is insurance on deposits in Slovenia.

I gotta   if I remember Gox's Bank had similar problems the facade was they're being hung out to dry for giving care loans to drug dealers. But then again if they pay off the loan and don't advertise how they make a living it shouldn't affect the banks financial well being. There problems aren't consumer credit reliability but macro isolation within the banking community,  BIS and the like.

[1713448249]

1713448249

[1713448249]

1713448249

[bassclef]

California Regulator: Coinbase Exchange 'Not Regulated or Licensed'... ^^

http://www.coindesk.com/california-regulator-coinbase-exchange-regulated-licensed/

Like clockwork... Sell sell sell!! 

[Adrian-x]

California Regulator: Coinbase Exchange 'Not Regulated or Licensed'... ^^

http://www.coindesk.com/california-regulator-coinbase-exchange-regulated-licensed/

Like clockwork... Sell sell sell!!  

I think there are algorithmic traders who project market demand by quantifying difficulty volume and price, difficulty and mining profitability being instrumental in quantifying the inflation - new coins.

It's my view the sell off isn't a market reaction to that news but an algorithmic market manipulation given the recent drop in difficulty.

[solex]

should i grab som popcorn?

edit: tho we sure this is the same bank we are talking about here?

Bank name:   
Unicredit banka Slovenija d.d.
Address:   Smartinska 140
City:   1000 Ljubljana
Country:   Slovenia

> https://www.bitstamp.net/article/new-banking-details/

They started using Raiffeisen in mid 2014

Just got another message from Bitstamp...

sincere apologies for the misleading information regarding your first question.

Bitstamp recently entered in a relationship with a Raiffeisen Bank. That means that both bank account are operational so you can either transfer your funds to our Raiffeisen or Unicredit account.

The exchange rate stays the same in both cases ( http://www.unicreditbank.si/tecajna_lista/?t=1&id_menu=&language=ENG )

If you have any further questions, please feel free to contact us again.

Best regards,
Anžej Simičak
support manager

[marcus_of_augustus]

Central banks everywhere should be sure to own everything that is happening now:

http://www.zerohedge.com/news/2015-01-27/bonds-third-largest-austrian-bank-are-crashing

...  no, this is precisely the point they start claiming that markets are out of their control.

[cypherdoc]

Central banks everywhere should be sure to own everything that is happening now:

http://www.zerohedge.com/news/2015-01-27/bonds-third-largest-austrian-bank-are-crashing

...  no, this is precisely the point they start claiming that markets are out of their control.

or the proverbial, "no one could've seen it coming".

[marcus_of_augustus]

http://politics.slashdot.org/story/15/01/27/1525202/valves-economist-yanis-varoufakis-appointed-greeces-finance-minister

One such step has been to appoint Valve's economist Yanis Varoufakis to position of Finance Minister of Greece. For the past three years Varoufakis has been working at Steam to analyze and improve the Steam Market but now has the opportunity to improve one of the most troubled economies in the world.

Never understood why Valve/Steam didn't go into Bitcoin in a big way, integrating into games, etc. Maybe this guy who is new leftie greek finance minister was the reason.

[hdbuck]

Central banks everywhere should be sure to own everything that is happening now:

http://www.zerohedge.com/news/2015-01-27/bonds-third-largest-austrian-bank-are-crashing

...  no, this is precisely the point they start claiming that markets are out of their control.

now i'd be tempted to argue they are perfectly under control...

[justusranvier]

Eurozone national anthem:

https://www.youtube.com/watch?v=zjedLeVGcfE

[msin]

http://politics.slashdot.org/story/15/01/27/1525202/valves-economist-yanis-varoufakis-appointed-greeces-finance-minister

One such step has been to appoint Valve's economist Yanis Varoufakis to position of Finance Minister of Greece. For the past three years Varoufakis has been working at Steam to analyze and improve the Steam Market but now has the opportunity to improve one of the most troubled economies in the world.

Never understood why Valve/Steam didn't go into Bitcoin in a big way, integrating into games, etc. Maybe this guy who is new leftie greek finance minister was the reason.

Because until recently, there wasn't much in the way of payment processing on that kind of scale.  Bitpay can handle now.  Expect to see Valve accepting BTC soon.

[marcus_of_augustus]

http://politics.slashdot.org/story/15/01/27/1525202/valves-economist-yanis-varoufakis-appointed-greeces-finance-minister

One such step has been to appoint Valve's economist Yanis Varoufakis to position of Finance Minister of Greece. For the past three years Varoufakis has been working at Steam to analyze and improve the Steam Market but now has the opportunity to improve one of the most troubled economies in the world.

Never understood why Valve/Steam didn't go into Bitcoin in a big way, integrating into games, etc. Maybe this guy who is new leftie greek finance minister was the reason.

Because until recently, there wasn't much in the way of payment processing on that kind of scale.  Bitpay can handle now.  Expect to see Valve accepting BTC soon.

Bitpay has been around since 2011. Valve are big enough to create their own bitpay in house if they wanted to. Basically, they are followers not the leaders they used to be in tech .... is what it comes down to. I agree Valve will 'accept' bitcoin soon, because it is safe, microsoft, dell, etc, etc but I highly doubt they'll be doing anything innovative with it inside their games, in-game currencies, user-wallets, etc ... probably just dump it back on the xchanges for the commie fiat.

[Chalkbot]

http://politics.slashdot.org/story/15/01/27/1525202/valves-economist-yanis-varoufakis-appointed-greeces-finance-minister

One such step has been to appoint Valve's economist Yanis Varoufakis to position of Finance Minister of Greece. For the past three years Varoufakis has been working at Steam to analyze and improve the Steam Market but now has the opportunity to improve one of the most troubled economies in the world.

Never understood why Valve/Steam didn't go into Bitcoin in a big way, integrating into games, etc. Maybe this guy who is new leftie greek finance minister was the reason.

Because until recently, there wasn't much in the way of payment processing on that kind of scale.  Bitpay can handle now.  Expect to see Valve accepting BTC soon.

I recall a statement from Gabe Newell some time ago that indicated they weren't really interested in bitcoin implementation.

edit: and what marcus said.

[msin]

Bitpay has been around since 2011. Valve are big enough to create their own bitpay in house if they wanted to. Basically, they are followers not the leaders they used to be in tech .... is what it comes down to. I agree Valve will 'accept' bitcoin soon, because it is safe, microsoft, dell, etc, etc but I highly doubt they'll be doing anything innovative with it inside their games, in-game currencies, user-wallets, etc ... probably just dump it back on the xchanges for the commie fiat.

I agree, but Bitpay didn't have the infrastructure/reputation they do now.  Valve will implement BTC, it's only a matter of time, maybe when they release Half-Life 3 

[silverfuture]

Eurozone national anthem:

https://www.youtube.com/watch?v=zjedLeVGcfE

How 'bout this?

https://www.youtube.com/watch?v=AE1rUqecfA0

[79b79aa8d5047da6d3XX]

Has this been posted here before?

'Bitcoin and the dangerous fantasy of ‘apolitical’ money' (2013). By Yanis Varoufakis, Greece's new Finance Minister.

http://yanisvaroufakis.eu/2013/04/22/bitcoin-and-the-dangerous-fantasy-of-apolitical-money/

[iCEBREAKER]

Has this been posted here before?

'Bitcoin and the dangerous fantasy of ‘apolitical’ money' (2013). By Yanis Varoufakis, Greece's new Finance Minister.

http://yanisvaroufakis.eu/2013/04/22/bitcoin-and-the-dangerous-fantasy-of-apolitical-money/

He's a hard-left SYRIZA neo-liberal idiot who has been (mal)educated far beyond his intelligence.

Of course he hates the idea of honest money beyond the control of the State.

Fuck him.  I hope the German bankers repossess his entire country and put his lazy pontificating academic ass to work in a salt mine.   

[marcus_of_augustus]

Has this been posted here before?

'Bitcoin and the dangerous fantasy of ‘apolitical’ money' (2013). By Yanis Varoufakis, Greece's new Finance Minister.

http://yanisvaroufakis.eu/2013/04/22/bitcoin-and-the-dangerous-fantasy-of-apolitical-money/

wow ... good catch, no wonder Valve was so anti-bitcoin.

Here's one that will blow Varoufakis tiny mind wide open.

http://aeon.co/magazine/technology/are-we-ready-for-companies-that-run-themselves/

Which vision will win out? That will depend less on the specific capacities of the technology than on the ability of governments and electorates to grasp what it is and what it means. One way or another, it looks like RoboCorp will be able to look out for itself. In the meantime, we need to get our own house in order.

sort your shit out, robocorp is coming 

[rpietila]

sort your shit out, robocorp is coming 

Isn't the Silk Road random purchasing bot caught and awaiting trial?

[cypherdoc]

Has this been posted here before?

'Bitcoin and the dangerous fantasy of ‘apolitical’ money' (2013). By Yanis Varoufakis, Greece's new Finance Minister.

http://yanisvaroufakis.eu/2013/04/22/bitcoin-and-the-dangerous-fantasy-of-apolitical-money/

wow ... good catch, no wonder Valve was so anti-bitcoin.

Here's one that will blow Varoufakis tiny mind wide open.

http://aeon.co/magazine/technology/are-we-ready-for-companies-that-run-themselves/

Which vision will win out? That will depend less on the specific capacities of the technology than on the ability of governments and electorates to grasp what it is and what it means. One way or another, it looks like RoboCorp will be able to look out for itself. In the meantime, we need to get our own house in order.

sort your shit out, robocorp is coming 

yeah, that is a good catch.

the guy sounds radical.  my hopes for Greece just took a dive.

[zanzibar]

Has this been posted here before?

'Bitcoin and the dangerous fantasy of ‘apolitical’ money' (2013). By Yanis Varoufakis, Greece's new Finance Minister.

http://yanisvaroufakis.eu/2013/04/22/bitcoin-and-the-dangerous-fantasy-of-apolitical-money/

Yeah, what a piece of shit, I hope he chokes on a Gyro and I hope Greece goes down in flames.