Pages:
Author

Topic: January 31st Impact on Bitcoin (Read 2767 times)

legendary
Activity: 947
Merit: 1042
Hamster ate my bitcoin
January 19, 2014, 01:10:56 PM
#23
The man is a pro. One of the few bears I have some respect for because he has STYLE.

I thought he was a bear too, but he's actually a lama. But, either way, you do have to appreciate his style.
sr. member
Activity: 448
Merit: 250
January 19, 2014, 11:17:33 AM
#22
Quick! Get Proudhno so he can tell us just how really bad this is.


Yes I bet he will talk about those "confirmed russian and chinese language sources"
lololol
And how if only we could read russian and mandarin, we could understand the REALLY BAD bearish news he constantly refers to.

The man is a pro. One of the few bears I have some respect for because he has STYLE.
hero member
Activity: 602
Merit: 500
newbie
Activity: 31
Merit: 0
January 19, 2014, 01:05:49 AM
#20
Buy now and hold because the prices are going to skyrocket! There is no bad news coming Jan 31. expect the IRS to not have any tax details until at least next year, its still an unknown how to handle digital currency. Companies now in the USA are heavily engaged in the regulation process and working with the gov to help them understand the space more. No bad news coming.
hero member
Activity: 672
Merit: 500
January 19, 2014, 12:52:29 AM
#19
The opposite will happen, sadly for you and your ridiculous attempt to cause panic, OP.

At the end of this month there will be more excited press around the New York hearing.

Money follows attention.
full member
Activity: 125
Merit: 100
January 19, 2014, 12:37:01 AM
#18
What would happen if they banned file sharing?

Hahaha exactly. Which major bitcoin exchanges are hosted in the U.S. again?
legendary
Activity: 2062
Merit: 1035
Fill Your Barrel with Bitcoins!
January 19, 2014, 12:16:23 AM
#17
What would happen if they banned file sharing?
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
January 18, 2014, 07:09:48 PM
#16
Hey guys,

On end of January USA financial regulators will "discuss" Bitcoin. I am here to see what you guys are guessing ahead, i am at momment holding on pesimistic but realistic view that this will almsot certainly lead to ban of Bitcoin from USA, trough some skitty financial license law where license will be distributed very very rarely.

It should be at least 30% drop in BTC price, i am even thinking quickly signing for SP500 broker and short BTC for few days. Not that i am not believer in BTC, becouse i am but i am completly realistic as what can gathering of regulatory mobsters bring.

the most bullish part about this is that you think this is bearish.
legendary
Activity: 924
Merit: 1001
January 18, 2014, 07:06:43 PM
#15
Hey guys,

On end of January USA financial regulators will "discuss" Bitcoin. I am here to see what you guys are guessing ahead, i am at momment holding on pesimistic but realistic view that this will almsot certainly lead to ban of Bitcoin from USA, trough some skitty financial license law where license will be distributed very very rarely.

It should be at least 30% drop in BTC price, i am even thinking quickly signing for SP500 broker and short BTC for few days. Not that i am not believer in BTC, becouse i am but i am completly realistic as what can gathering of regulatory mobsters bring.

That the USA would ban bitcoin does not gel with the sale of DPRs 30k bitcoins by the FBI. The USA is run by and for investors, I simply dont see them banning a commodity they have just sold millions of dollars worth of. besides, the FBI holds a further 144k bitcoin. With the potential price of bitcoin in the future, they will be shooting themselves in the foot to ban it. If the regulators can come to any conclusion what so ever it is likely to be only a good thing, because it gives all the legit investors something they can finally act upon, and besides, you cant regulate bitcoin.
hero member
Activity: 602
Merit: 500
January 18, 2014, 12:35:24 PM
#14
Yeah, I was surprised nobody else was mentioning this point...
And in your other link, the court's decision sets an interesting precedent.
yeah,I also was astonished of the neglicence of those most important legal issues.
newbie
Activity: 29
Merit: 0
January 18, 2014, 12:28:19 PM
#13
I just postet the same consideration here  https://bitcointalk.org/index.php?topic=397534.20

Great minds, eh?  Grin

Yeah, I was surprised nobody else was mentioning this point...

And in your other link, the court's decision sets an interesting precedent.
hero member
Activity: 602
Merit: 500
January 18, 2014, 12:16:58 PM
#12
If you had asked me a couple years ago if the US government would try to "ban" bitcoin I would have said the odds were good.  Nowadays though I don't see it happening. The growing trend is that the US government is fine with bitcoin and they see the benefits it offers to business, consumers, and the economy.

I agree.

Consider this: would the US government (FBI) auction BTC to US citizens, then "ban" it?
That would be a pretty unpopular decision, I don't see it happening. Therefore, I see the FBI auction as a hugely positive indicator of US official sentiment.
I just postet the same consideration here  https://bitcointalk.org/index.php?topic=397534.20
newbie
Activity: 29
Merit: 0
January 18, 2014, 11:38:50 AM
#11
If you had asked me a couple years ago if the US government would try to "ban" bitcoin I would have said the odds were good.  Nowadays though I don't see it happening. The growing trend is that the US government is fine with bitcoin and they see the benefits it offers to business, consumers, and the economy.

I agree.

Consider this: would the US government (FBI) auction BTC to US citizens, then "ban" it?
That would be a pretty unpopular decision, I don't see it happening. Therefore, I see the FBI auction as a hugely positive indicator of US official sentiment.
sr. member
Activity: 364
Merit: 250
January 18, 2014, 08:00:47 AM
#10
If you had asked me a couple years ago if the US government would try to "ban" bitcoin I would have said the odds were good.  Nowadays though I don't see it happening. The growing trend is that the US government is fine with bitcoin and they see the benefits it offers to business, consumers, and the economy. They just want to make sure there's some proper regulations in place just like we have with fiat or credit cards or whatever. A framework so businesses know how to operate legally more than anything.

I'm not too worried about it. Not based on recent trends coming from the US government on bitcoin anyways.

hero member
Activity: 644
Merit: 500
One Token to Move Anything Anywhere
January 18, 2014, 07:02:01 AM
#9
The opposite will happen, sadly for you and your ridiculous attempt to cause panic, OP.

At the end of this month there will be more excited press around the New York hearing.
hero member
Activity: 722
Merit: 500
January 18, 2014, 06:50:47 AM
#8
Hey guys,

On end of January USA financial regulators will "discuss" Bitcoin. I am here to see what you guys are guessing ahead, i am at momment holding on pesimistic but realistic view that this will almsot certainly lead to ban of Bitcoin from USA, trough some skitty financial license law where license will be distributed very very rarely.

It should be at least 30% drop in BTC price, i am even thinking quickly signing for SP500 broker and short BTC for few days. Not that i am not believer in BTC, becouse i am but i am completly realistic as what can gathering of regulatory mobsters bring.

If they are banning it, why allow the Winklevoss ETF to have any progress at all?

They will probably clarify that it is a commodity subject to Capital Gains.

Spot on,it's a commodity/private money, and regulation has to be expected if it's to be accepted,
so nothing to be bothered about.
The real question is if Bitcoin will allow regulation or try to be a total ass and reject any input from the financial world, if holders want to get more adoption it's a no brainer.
sr. member
Activity: 378
Merit: 255
January 17, 2014, 05:43:16 PM
#7
Hey guys,

On end of January USA financial regulators will "discuss" Bitcoin. I am here to see what you guys are guessing ahead, i am at momment holding on pesimistic but realistic view that this will almsot certainly lead to ban of Bitcoin from USA, trough some skitty financial license law where license will be distributed very very rarely.

It should be at least 30% drop in BTC price, i am even thinking quickly signing for SP500 broker and short BTC for few days. Not that i am not believer in BTC, becouse i am but i am completly realistic as what can gathering of regulatory mobsters bring.

If they are banning it, why allow the Winklevoss ETF to have any progress at all?

They will probably clarify that it is a commodity subject to Capital Gains.
newbie
Activity: 42
Merit: 0
January 17, 2014, 05:34:54 PM
#6
What happens if they "shut down" Bitcoins? Lol
full member
Activity: 378
Merit: 100
January 17, 2014, 05:31:33 PM
#5
doubt bitcoin would be banned, if they wanted to, they would done so earlier already. Tax Regulations could be it.
hero member
Activity: 854
Merit: 1000
January 17, 2014, 05:27:15 PM
#4
Lol at OP post.  Probably should be moved to speculation.
Pages:
Jump to: