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Dept. Of Homeland Security Freezes Accounts Between Dwolla And Bitcoin Exchange Mt. Gox
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Oh dear oh dear! |
bc are stronger than ever :P
where is that annoying bc support fucker now? |
this sounds like pretty bad news... surprising the price isn't plummeting yet...
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dirty franck left the world
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TBH Seeandsee this is bad news for Mt Gox more than anything atm, will be really interesting to see where the price goes tomorrow, already down from $120 to $110. I'm still gonna buy back in if there is a significant drop tomorrow but I think the next month could be incredibly volatile for Bitcoin if Dwolla is the start of an attack on the money transmitting services. I said this last week, if Mt Gox had ANY sense at all they'd be speaking to Bank Of China or any big Chinese bank about moving all their funds to China. If Gox get their Japanese bank accounts frozen the price of Bitcoin will crash below $10 :2 cents: |
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im making money as we speak from all the panic this is causing...love it.
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its about time :)
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What have I been telling everyone since this shit started?
Governments WILL NOT .. absolutely WILL NOT .. allow this shit. Can they shut BC down? No. Can they make it useless? Yes. They WILL find a way to put a stop to this. You and I think of money in amounts. To them it is a TOOL for CONTROL. They're not going to LET you or them or them or anyone CHANGE THAT. |
hope we see it touch $100, then mass panic and big off sell, buy back in @ $75 and sell in a week when its back at $115
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sure seems like a very 1/2 assed effort to knock out a billion dollar gig.
serving dwolla for transacting with gox? pfft. btc will ultimately not succeed, but crypto currency will kill btc, ltc is next, feather coins, hell amazon just launched their coins yesterday. |
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You are a thinking man |
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^ :1orglaugh I forgot that classic. Funny how Bitcoin fanboys never lose any money. Bitcoins drop in value all the time, but I don't think I've ever seen anyone with Bitcoins say they lost money. It's miraculous.
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Bitcoin and the word investment should never be used in the same sentence.
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One thing that never stops to amaze me it how many people (especially here) are so happy about any low blow cryptocurrencies have to take. Is it a religious thing? Are you that masochistic that you are looking forward to get anally raped by banksters again and again?
Only got one BTC myself and a little collection of different alt coins, but i would love to see cryptocurrencies prevail. |
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This is horrible news for Franck and his 1 bitcoin.
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LOL... Where is Dirty-Ugly-Frankenstein?
Did he get a haircut finally? Or still using that parted in the middle hairstyle? |
Bring it on ladies, Bitcoin is antifragile..
"Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Yet, in spite of the ubiquity of the phenomenon, there is no word for the exact opposite of fragile. Let us call it antifragile. Antifragility is beyond resilience or robustness. The resilient resists shocks and stays the same; the antifragile gets better." |
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http://www.theverge.com/2013/5/13/43...-fire-500-free And the customer reviews of Amazon Coins are pretty harsh: http://amzn.to/19soioi |
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amazon coins are a crypto currency, period. i added the fact they launched their cc when they did because it's timely with this news that the dhs is going after another cc. it doesn't matter if the all-mighty facebook tried something or the m$, whoopie. none of that is happening NOW. none of that added up to fincen regulations, none of that added up to dhs pulling shit. none of that has anything to do with the fact that that dhs went after dwolla this week. now. |
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It seems not to fall from bad news anymore:
http://bitcoinity.org/markets/image?span=7d&size=medium http://bitcoinity.org/markets/image?...4h&size=medium People are used to bad news about bitcoin vs govt and banks, in fact bitcoin fans are anti govt and anti banks and it is good PR that govt and banks try to shut down it. It is just matter, at some point govt and banks it will really shut down all the exchangers, not just press, at that time if people can't buy or sell bitcoins, I wonder, perhaps price keeps the same, just with small volume. |
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That feel when dont sell before the crash, they go back up, and then you sell...and they crash again. You cant have super faith in this currency but there is without a doubt money to be made. Will be interesting to see the outcome
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that's not my definition. First Bitcoin, Now Amazon Coins ? Amazon Releases New Virtual Currency http://www.thebitcoinchannel.com/archives/6357 Like its other platforms, Amazon is taking the long view with its Coins virtual currency http://pandodaily.com/2013/05/13/lik...tual-currency/ it's a currency. but you too missed my point in including that, which was that while the dhs hit dwolla over virtual currencies, there is an increasing prevalance and a greater acceptance of virtual/digital currencies and amazon coins being launched at the same time proves that. hope that is more clear. |
oh, amazon also fully plans to extend amazon coins to purchases beyond kindle. this is just a rollout of the currency.
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exchange the cyrpto part with digital or virtual or flivver, it doesn't matter how it is created, or mined or not mined. |
here's another way to look at it, a big chink in the armor of btc is the fact it has to be mined. so when btc craps out, and it will, imo, the next digital currency will learn from that and more than likely, not even be mined.
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^ Don't confuse him. Bitcoin fanboys don't handle facts and reality very well.
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