Bitcoin seems to be used "wrong way", If I'm right It mentioned only $3M usd and no bitcoins officially? But how someone can prove that the gov didn't used bitcoins? There is no proof.
You should read the article. Where would the government use $3M worth of Bitcoins anyways? 
Topic: Government cashed out 3M - page 2. (Read 4259 times)
Bitcoin seems to be used "wrong way", If I'm right It mentioned only $3M usd and no bitcoins officially? But how someone can prove that the gov didn't used bitcoins? There is no proof.
The gov should be sued. They should be forced to publicly auction off all BTC in order to get the taxpayers the highest possible price. None of this "back room" transactions with their buddies. How much did they get per BTC?
You might find that some of the loudest BTC critics on Capital Hill bought BTC dirt cheap.
Might? I'd bet on it (if it was verifiable at all). Same goes for officials in China.
Wow. I wonder if this explains the sudden drop in btc prices lately. Seems to coincide.
Actually no. This was due to China again (minimal impact though). 
Wow. I wonder if this explains the sudden drop in btc prices lately. Seems to coincide.
I do not understand how this was legal, considering he has not been tried and found guilty yet.
The criminal case and the asset forfeiture case are 2 different, and often concurrent, proceedings. Criminal responsibility requires proof beyond a reasonable doubt. The civil forfeiture case requires the preponderance of evidence, a significantly lower threshold.
One's personal assets can be seized without having formally been charged with a crime according to US law. While not often done this way, it's very possible. A civil forfeiture case is filed alleging the acts that constitute a crime for which asset forfeiture is a remedy (e.g. a felony). The government merely has to prove beyond a preponderance of the evidence that the property was proceeds, instruments, or derived from the criminal act (can't recall all of them) and get an assenting decree from a judge. Presto! You're stuff just became their stuff.
I don't believe the original story, either. I'm merely pointing out that the asset forfeiture process and criminal prosecution are 2 entirely different animals in the criminal justice wild kingdom.
The gov should be sued. They should be forced to publicly auction off all BTC in order to get the taxpayers the highest possible price. None of this "back room" transactions with their buddies. How much did they get per BTC?
You might find that some of the loudest BTC critics on Capital Hill bought BTC dirt cheap.
The gov should be sued. They should be forced to publicly auction off all BTC in order to get the taxpayers the highest possible price. None of this "back room" transactions with their buddies. How much did they get per BTC?
Whats with concerns about price. Imo btc price is next to irrelevant.
Not irrelevent, we need to keep it under 1,000 for as long as possible. If it goes up too quickly, it could be dangerous. The transition process from fiat to crypto must be slow and careful, keeping things as equal as possible. The transition must be orderly, carefully-paced. Not a mad rush as the whole world realizes whats happening at the same time - entire national economies could get trampled! This is a very serious issue!
Please don't frame it in a way that potentially blames BTC.
The source of danger is that fiat will be collapsing (with or without crypto), and BTC can save many people's wealth.
We didn't start the fire! https://www.youtube.com/watch?v=eFTLKWw542g
You may be right!
https://www.youtube.com/watch?v=SCtC-LoOvqs
Haha and a Billy Joel meme is born
Its not hard taking money out...send it to btc-e and youre set.
Whats with concerns about price. Imo btc price is next to irrelevant.
Not irrelevent, we need to keep it under 1,000 for as long as possible. If it goes up too quickly, it could be dangerous. The transition process from fiat to crypto must be slow and careful, keeping things as equal as possible. The transition must be orderly, carefully-paced. Not a mad rush as the whole world realizes whats happening at the same time - entire national economies could get trampled! This is a very serious issue!
Please don't frame it in a way that potentially blames BTC.
The source of danger is that fiat will be collapsing (with or without crypto), and BTC can save many people's wealth.
We didn't start the fire! https://www.youtube.com/watch?v=eFTLKWw542g
You may be right!
https://www.youtube.com/watch?v=SCtC-LoOvqs
Whats with concerns about price. Imo btc price is next to irrelevant.
Not irrelevent, we need to keep it under 1,000 for as long as possible. If it goes up too quickly, it could be dangerous. The transition process from fiat to crypto must be slow and careful, keeping things as equal as possible. The transition must be orderly, carefully-paced. Not a mad rush as the whole world realizes whats happening at the same time - entire national economies could get trampled! This is a very serious issue!
Please don't frame it in a way that potentially blames BTC.
The source of danger is that fiat will be collapsing (with or without crypto), and BTC can save many people's wealth.
We didn't start the fire! https://www.youtube.com/watch?v=eFTLKWw542g
Whats with concerns about price. Imo btc price is next to irrelevant.
Not irrelevent, we need to keep it under 1,000 for as long as possible. If it goes up too quickly, it could be dangerous. The transition process from fiat to crypto must be slow and careful, keeping things as equal as possible. The transition must be orderly, carefully-paced. Not a mad rush as the whole world realizes whats happening at the same time - entire national economies could get trampled! This is a very serious issue!
Please don't frame it in a way that potentially blames BTC.
The source of danger is that fiat will be collapsing (with or without crypto), and BTC can save many people's wealth.
Whats with concerns about price. Imo btc price is next to irrelevant.
Not irrelevent, we need to keep it under 1,000 for as long as possible. If it goes up too quickly, it could be dangerous. The transition process from fiat to crypto must be slow and careful, keeping things as equal as possible. The transition must be orderly, carefully-paced. Not a mad rush as the whole world realizes whats happening at the same time - entire national economies could get trampled! This is a very serious issue!
Why do you consider that an issue? It's about time things were shaken up a little.
Whats with concerns about price. Imo btc price is next to irrelevant.
Not irrelevent, we need to keep it under 1,000 for as long as possible. If it goes up too quickly, it could be dangerous. The transition process from fiat to crypto must be slow and careful, keeping things as equal as possible. The transition must be orderly, carefully-paced. Not a mad rush as the whole world realizes whats happening at the same time - entire national economies could get trampled! This is a very serious issue!
Wow, they already sold that. It's funny, I wonder how they sold the BTC for dollars and received the dollars. It's so hard for US citizens to do that , I wonder what service they used.
My guess is Second Market who seems to have an insatiable appetite for Bitcoin, is based in the US and regulated.
Good. Ihope the government cashes out every bitcoin they ever seize. why would you want a large proportion of coins i nthe nads of teh fed?
reading through it, i still wonder how did they trace the guy, and then i come up with 2 theories
1) the florida guy/BTCMaster gave up his supplier for a lesser sentence
2) the netherlands guy had a prior criminal record and they tested fingerprints on the packages against the netherlands police database, as the postage stamp showed it came from the netherlands
i know bitcoin is great but will all the stupid people doing illegal activities atleast stop doing illegal stuff, or try a little harder to not get caught, as your giving bitcoin the bad name that people have been trying to shake off the last few years
1) the florida guy/BTCMaster gave up his supplier for a lesser sentence
2) the netherlands guy had a prior criminal record and they tested fingerprints on the packages against the netherlands police database, as the postage stamp showed it came from the netherlands
i know bitcoin is great but will all the stupid people doing illegal activities atleast stop doing illegal stuff, or try a little harder to not get caught, as your giving bitcoin the bad name that people have been trying to shake off the last few years
No tx or anything, seems fake news.
Remember that there is a lot fake news!
People want you to panic sell so they could buy cheap coins.
Remember that there is a lot fake news!
People want you to panic sell so they could buy cheap coins.
redonkolous! Did you even click on the link? So the "United States Department of Justice" is scamming you to drive the bitcoin price down? Thank you, made my day
Taking paranoia to a new level!
why do they always have to go after the non-pot sellers.
meth can be just as bad as pot, if not more. what we NEED to go after are the caffeine users
meth can be just as bad as pot, if not more. what we NEED to go after are the caffeine users
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