May be the reason that bitcoin price boomed today - page 2.

Ron~Popeil

sr. member

Activity: 406

Merit: 250

Quote from: waldox on May 20, 2014, 09:52:59 PM

the us govt will cycle between positive and negative towards bitcoin

there are pro and anti bitcoiners in govt

but in the end it dosnt matter bitcoin will survive as long as the internet survives

The FEC gave us a gift when they decided to allow campaign donations in bit coin. Rand Paul doesn't understand it yet but is really open and positive about bit coin. The rest of them will have to at least publicly support it or risk losing donations. The government really made a tactical error on that one.

waldox

sr. member

Activity: 252

Merit: 250

the us govt will cycle between positive and negative towards bitcoin

there are pro and anti bitcoiners in govt

but in the end it dosnt matter bitcoin will survive as long as the internet survives

Ron~Popeil

sr. member

Activity: 406

Merit: 250

I would prefer to keep the US government and the fed away from bit coin. Both organizations are rotting corpses of corruption and greed.

AMVM

newbie

Activity: 44

Merit: 0

The measures that has been taken to keep banks too big to break from actually go bankrupt. Not to mention all the protection we have seen government give to the banks involved in money laundry.

Long story short, I would't be so optmistic / open towards their supposedly non agressive approach. Actions tell so much more than words and are more reiable as well.

Therefore, base on all the concrete actions Government has showed. Let's be careful. We know what kind of interests they obbey, and it's beyond doubt that BTC WILL HARM those BADLY.

Beware with the Trojan Horse.

Cheers Mates,
AMVM

Beliathon

hero member

Activity: 784

Merit: 1000

https://youtu.be/PZm8TTLR2NU

There is really no way to know for sure what caused it, but I will tell you I noticed several BIG buys, 400+ BTC at a time ($200,000+), so somebody has some money.

best-miner.com

full member

Activity: 123

Merit: 100

best-miner.com

The Federal Advisory Council (FAC), a group that consults with the Federal Reserve on all matters under the US central bank’s jurisdiction, and the Federal Reserve Board of Governors recently discussed bitcoin and its potential benefits at a quarterly meeting.

Held on 9th May, the FAC and the Board of Governors debated whether bitcoin posed a threat to the traditional banking system, economic activity or financial stability, ultimately issuing a surprisingly positive two-and-a-half-page assessment of the technology.

Perhaps most notably, the meeting focused on how bitcoin could empower a new wave of commerce innovation – opening new markets to merchants, driving capital flows to the developing world and increasing global economic consumption.

For details, pls check coindesk...

http://www.coindesk.com/federal-reserve-bitcoin-potential-boon-global-commerce/

Yesterday, okcoin btc and huobi's btc trade volume is about 15000btc, and bitstamp is about 4000btc,

Now in last 24 hours, okcoin and huobi is 62000btc and bistamp is 29000 btc.

Here we think is the news from FAC infect the btc boomed.

So what's your opinion, talk about it here.

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