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Topic: Confirmed Bad News Sources Thread - No FUD, Just Facts!!!1 - page 17. (Read 43552 times)

sr. member
Activity: 336
Merit: 250
Charlie better be stepping down from the foundation as soon as he makes bail in a few hours... If not I'm selling all my BTC and buying up LTC.

all fantasycoins will go to zero, so better keep your $$.
legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
Charlie better be stepping down from the foundation as soon as he makes bail in a few hours... If not I'm selling all my BTC and buying up LTC.
legendary
Activity: 1260
Merit: 1002
it is happening! every bitcoin user should hide as all bitcoin were used for money laundering..

http://www.businessinsider.com/report-ceo-of-major-bitcoin-exchange-arrested-2014-1
You might have missed this part.

Quote
SHREM, who personally bought drugs on Silk Road, was fully aware that Silk Road was a drug-trafficking website, and through his communications with FAIELLA, SHREM also knew that FAIELLA was operating a Bitcoin exchange service for Silk Road users. Nevertheless, SHREM knowingly facilitated FAIELLA’s business with the Company in order to maintain FAIELLA’s business as a lucrative source of Company revenue. SHREM knowingly allowed FAIELLA to use the Company’s services to buy Bitcoins for his Silk Road customers; personally processed FAIELLA’s orders; gave FAIELLA discounts on his high-volume transactions; failed to file a single suspicious activity report with the United States Treasury Department about FAIELLA’s illicit activity, as he was otherwise required to do in his role as the Company’s Compliance Officer; and deliberately helped FAIELLA circumvent the Company’s AML restrictions, even though it was SHREM’s job to enforce them and even though the Company had registered with the Treasury Department as a money services business.

Working together, SHREM and FAIELLA exchanged over $1 million in cash for Bitcoins for the benefit of Silk Road users, so that the users could, in turn, make illegal purchases on Silk Road.



Read more: http://www.businessinsider.com/report-ceo-of-major-bitcoin-exchange-arrested-2014-1#ixzz2rcRXI5Cd

god i just cant keep track on so much bad news :/
legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
Charlie is fucked!
hero member
Activity: 742
Merit: 500
it is happening! every bitcoin user should hide as all bitcoin were used for money laundering..

http://www.businessinsider.com/report-ceo-of-major-bitcoin-exchange-arrested-2014-1
You might have missed this part.

Quote
SHREM, who personally bought drugs on Silk Road, was fully aware that Silk Road was a drug-trafficking website, and through his communications with FAIELLA, SHREM also knew that FAIELLA was operating a Bitcoin exchange service for Silk Road users. Nevertheless, SHREM knowingly facilitated FAIELLA’s business with the Company in order to maintain FAIELLA’s business as a lucrative source of Company revenue. SHREM knowingly allowed FAIELLA to use the Company’s services to buy Bitcoins for his Silk Road customers; personally processed FAIELLA’s orders; gave FAIELLA discounts on his high-volume transactions; failed to file a single suspicious activity report with the United States Treasury Department about FAIELLA’s illicit activity, as he was otherwise required to do in his role as the Company’s Compliance Officer; and deliberately helped FAIELLA circumvent the Company’s AML restrictions, even though it was SHREM’s job to enforce them and even though the Company had registered with the Treasury Department as a money services business.

Working together, SHREM and FAIELLA exchanged over $1 million in cash for Bitcoins for the benefit of Silk Road users, so that the users could, in turn, make illegal purchases on Silk Road.



Read more: http://www.businessinsider.com/report-ceo-of-major-bitcoin-exchange-arrested-2014-1#ixzz2rcRXI5Cd
legendary
Activity: 1260
Merit: 1002
it is happening! every bitcoin user should hide as all bitcoin were used for money laundering..

http://www.businessinsider.com/report-ceo-of-major-bitcoin-exchange-arrested-2014-1
hero member
Activity: 504
Merit: 500
Moderator
The amount of bad news comin in in the last few days is really shocking, i don´t know what to say, but expect the worst.
Here is another one. RUSSIA BANS BITCOIN. We all know that Russia was a communist country just like China, so you know who´s next.

https://bitcointalksearch.org/topic/russia-central-bank-bans-bitcoin-434994

Original Source:

http://top.rbc.ru/economics/27/01/2014/901833.shtml
hero member
Activity: 602
Merit: 500
Can't see those 22 pages. Could you please link?
+1
newbie
Activity: 28
Merit: 0
Please use this thread to only post confirmed news from confirmed sources to help everyone understand what is obvious - bitcoin is in a downtrend to oblivion.  

My latest find comes, of course, from official sources in China and details how the Chinese government is planning a massive 99% attack on the blockchain.  I'll put the main points below, but anyone can check the facts from the source:

1.  Chinese offials delcare bitcoin a global financial virus
2.  Officials from other nations are in agreement with china China, including the US
3.  The Chinese government has millions of petahashes ready to deploy on the blockchain to destroy the protocol
4.  In addition to attacking the blockchian, China will sell all their mined bitcoins on MtGox

It's obvious bitcoin has gone as far as it can go, but any other thoughts about this devastating news?

I just used Google to translate this page. It's about the closing of Chinese banks during Chinese New Year holidays (starting January 30). Nothing about BitCoin.

Am I missing something?

Only about 22 pages full of evidence for bitcoin going anywhere else but to its true value at around zero^2.
Which is long term support level.

Can't see those 22 pages. Could you please link?
member
Activity: 70
Merit: 10
am i the only one who stopped caring at all if there is bad news??
I'm afraid this confirms that more and more people stop caring. Such confirmed bad news is a strong signal to go SHOTR!
legendary
Activity: 2338
Merit: 1035
am i the only one who stopped caring at all if there is bad news??

this is high end technology and people is not gonna stop using it just cuz some suit and tie cunt said so
sr. member
Activity: 336
Merit: 250
Please use this thread to only post confirmed news from confirmed sources to help everyone understand what is obvious - bitcoin is in a downtrend to oblivion.  

My latest find comes, of course, from official sources in China and details how the Chinese government is planning a massive 99% attack on the blockchain.  I'll put the main points below, but anyone can check the facts from the source:

1.  Chinese offials delcare bitcoin a global financial virus
2.  Officials from other nations are in agreement with china China, including the US
3.  The Chinese government has millions of petahashes ready to deploy on the blockchain to destroy the protocol
4.  In addition to attacking the blockchian, China will sell all their mined bitcoins on MtGox

It's obvious bitcoin has gone as far as it can go, but any other thoughts about this devastating news?

I just used Google to translate this page. It's about the closing of Chinese banks during Chinese New Year holidays (starting January 30). Nothing about BitCoin.

Am I missing something?

Only about 22 pages full of evidence for bitcoin going anywhere else but to its true value at around zero^2.
Which is long term support level.
hero member
Activity: 602
Merit: 500
Am I missing something?
read more from proudhon then you will know what you are missing
[hint : Kind of irony, I got it late but now I like it the more]
newbie
Activity: 13
Merit: 0
Please use this thread to only post confirmed news from confirmed sources to help everyone understand what is obvious - bitcoin is in a downtrend to oblivion.  

My latest find comes, of course, from official sources in China and details how the Chinese government is planning a massive 99% attack on the blockchain.  I'll put the main points below, but anyone can check the facts from the source:

1.  Chinese offials delcare bitcoin a global financial virus
2.  Officials from other nations are in agreement with china China, including the US
3.  The Chinese government has millions of petahashes ready to deploy on the blockchain to destroy the protocol
4.  In addition to attacking the blockchian, China will sell all their mined bitcoins on MtGox

It's obvious bitcoin has gone as far as it can go, but any other thoughts about this devastating news?

I just used Google to translate this page. It's about the closing of Chinese banks during Chinese New Year holidays (starting January 30). Nothing about BitCoin.

Am I missing something?
legendary
Activity: 1638
Merit: 1001
Quoted from another thread:

Quote
Western Bitcoin traders should find a reliable news source in China to make sense of what is the largest and most influential market by far.

You guys are not getting the word out!!  Maybe billboards?
sr. member
Activity: 336
Merit: 250
This train cannot be stopped from crashing through the gateway of hell.:

http://guardianlv.com/2014/01/google-coin-may-stand-up-against-bitcoin/

Quote
Thus, Google is most likely to introduce a rival to Bitcoin (...)

Quote
    Google Drive for Google Coin Wallet

and this:

http://www.reddit.com/r/Bitcoin/comments/1w83db/weve_shut_down_the_buy_option_at_the_bitcoin_atm/

goxxed bitstamp-style.



Holy Shit, thanks for sharing.

My pleasure. Prop up your shotrs and leverage to infinity
hero member
Activity: 504
Merit: 500
Moderator
This train cannot be stopped from crashing through the gateway of hell.:

http://guardianlv.com/2014/01/google-coin-may-stand-up-against-bitcoin/

Quote
Thus, Google is most likely to introduce a rival to Bitcoin (...)

Quote
    Google Drive for Google Coin Wallet

and this:

http://www.reddit.com/r/Bitcoin/comments/1w83db/weve_shut_down_the_buy_option_at_the_bitcoin_atm/

goxxed bitstamp-style.



Holy Shit, thanks for sharing.
hero member
Activity: 1092
Merit: 500
Life is short, practice empathy in your life
EMA on the 1d is about to cross over on bitstamp and btc-e.

This hasn't happened in almost a month. Hodl your shotr.

Confirmed: http://bitcoinwisdom.com/
sr. member
Activity: 336
Merit: 250
This train cannot be stopped from crashing through the gateway of hell.:

http://guardianlv.com/2014/01/google-coin-may-stand-up-against-bitcoin/

Quote
Thus, Google is most likely to introduce a rival to Bitcoin (...)

Quote
    Google Drive for Google Coin Wallet

and this:

http://www.reddit.com/r/Bitcoin/comments/1w83db/weve_shut_down_the_buy_option_at_the_bitcoin_atm/

goxxed bitstamp-style.

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