MESSAGE TO FEDS: PLEASE BAN BITCOIN | Bitcointalksearch.org

cryptoanarchist

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Quote from: pheaonix on February 14, 2014, 12:34:45 PM

tor market bitcoin traffic is roughly 1-2% of trade. its just what bitcoin is most popular for. law enforcement have made arrests against many of the top vendors. they had everything, and you should have known this by now.

Who have the Feds busted? BTCKing, Shrem and DPR are the only ones I've heard of, and there were thousands of SR vendors that are still walking free.

plateex

member

Activity: 70

Merit: 10

Quote from: leancuisine on February 09, 2014, 04:51:18 PM

Well, the Feds are just inclusive to the U.S.A. so wouldn't that mean that just Americans and U.S based Bitcoin shops would not be able to use Bitcoin anymore? The rest of the world would still be fine.

I'm not sure about other developed countries and their ability to resist US influence, though. But I wouldn't want to underestimate them...

keithers

legendary

Activity: 1456

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This is the land of wolves now & you're not a wolf

Quote from: johncarpe64 on February 12, 2014, 07:20:31 AM

Nah, I remember it crash so bad after the drug ban..

Illegal drugs have been prohibited for a long time, not just after the creation of bitcoin

pheaonix

sr. member

Activity: 392

Merit: 250

http://casinobitco.in/ A+ customer support

tor market bitcoin traffic is roughly 1-2% of trade. its just what bitcoin is most popular for. law enforcement have made arrests against many of the top vendors. they had everything, and you should have known this by now.

cryptoanarchist

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Quote from: Revolution on February 14, 2014, 11:33:33 AM

Yea true, but BTC is being used because its a legal way of purchasing such products,...

Um, no. BTC was originally used to buy drugs off the internet more than anything else - not legal in any sense of the word.

Quote from: Revolution on February 14, 2014, 11:33:33 AM

...I mean what other reason is there for BTC to be honest. I mean anonymity is only truely needed when you don't want others to know what you are up too.

Do you really have to ask? The reduction in fees and the lack of chargebacks are the only reasons merchants need to accept bitcoin, irregardless of the legality. Legality is only important to those who find it important. I will still use bitcoins if they're banned, and I will be more profitable than the guy who is worried about the legality.

I'm sure your first response is, "what good will your profits do you in jail?", which is a childish and naive response. Tell it to the thousands of people who sold drugs on the Silk Road and were never caught but made a ton of money. Oh right, you don't know who they are. Well, neither does law enforcement. Ha ha.

Biomech

legendary

Activity: 1372

Merit: 1022

Anarchy is not chaos.

Quote from: Revolution on February 14, 2014, 11:33:33 AM

Quote from: Biomech on February 14, 2014, 11:32:28 AM

Quote from: keithers on February 10, 2014, 07:17:13 PM

Quote from: cryptoanarchist on February 07, 2014, 07:18:45 PM

Whenever something is banned, its price goes UP. Wink

So please, ban to your evil heart's content.

This is the worst thing I have read all day...maybe all week. What planet are you living on that makes banned items more valuable? It makes them impossible to adopt/use without facing legal implications.

Earth. Uhm, Cocaine? Costs pennies to produce, sells for outrageous amounts due to being banned?

While I imagine the OP was tongue in cheek, do think before posting...

Yea true, but BTC is being used because its a legal way of purchasing such products, I mean what other reason is there for BTC to be honest. I mean anonymity is only truely needed when you don't want others to know what you are up too.

True. I just thought the above post was one of the more poorly thought out things I'd ever seen. And I'm not young.

Revolution

full member

Activity: 140

Merit: 101

Trading BTC, looking for amazon cards

Quote from: Biomech on February 14, 2014, 11:32:28 AM

Quote from: keithers on February 10, 2014, 07:17:13 PM

Quote from: cryptoanarchist on February 07, 2014, 07:18:45 PM

Whenever something is banned, its price goes UP. Wink

So please, ban to your evil heart's content.

This is the worst thing I have read all day...maybe all week. What planet are you living on that makes banned items more valuable? It makes them impossible to adopt/use without facing legal implications.

Earth. Uhm, Cocaine? Costs pennies to produce, sells for outrageous amounts due to being banned?

While I imagine the OP was tongue in cheek, do think before posting...

Yea true, but BTC is being used because its a legal way of purchasing such products, I mean what other reason is there for BTC to be honest. I mean anonymity is only truely needed when you don't want others to know what you are up too.

Biomech

legendary

Activity: 1372

Merit: 1022

Anarchy is not chaos.

Quote from: keithers on February 10, 2014, 07:17:13 PM

Quote from: cryptoanarchist on February 07, 2014, 07:18:45 PM

Whenever something is banned, its price goes UP. Wink

So please, ban to your evil heart's content.

This is the worst thing I have read all day...maybe all week. What planet are you living on that makes banned items more valuable? It makes them impossible to adopt/use without facing legal implications.

Earth. Uhm, Cocaine? Costs pennies to produce, sells for outrageous amounts due to being banned?

While I imagine the OP was tongue in cheek, do think before posting...

abhay81

newbie

Activity: 14

Merit: 0

I'd like to give value to systems such as Bittorrent if they give back value to those who have worked on creation

Creation...be it in the mind...is valuable and should be given it's fair consideration of Appreciation...

Else,
we create an economy scared to trust others ...

and scaring away the innovators and creative artists of the world.

In my judgement...

that is greedy or Evil.

Operatr

hero member

Activity: 798

Merit: 1000

www.DonateMedia.org

They will, right after they get done banning BitTorrent... Roll Eyes

abhay81

newbie

Activity: 14

Merit: 0

When there is a lot of dishonesty...

like online news these days...

we need a system to simplify honesty...

When there is very little honesty, we need to put intelligent checks on honesty...

[That, is where it all begins...these troubled waters and all...]

That is when the value of honesty goes up...

roslinpl

legendary

Activity: 2212

Merit: 1199

Quote from: CryptoPanda on February 12, 2014, 07:00:37 AM

Quote from: roslinpl on February 11, 2014, 12:32:10 PM

Quote from: CryptoPanda on February 11, 2014, 12:03:50 PM

the price of a stuff with intrinsic value does go up when banned
the price of a currency that's less used goes down

Sure it does.
Thats why from all of Ccryptocurrencies in bitcoin I trust most.

As long as people use coin. Coin wont die.

yup, it's the only one that's actually being used so far.

We can say that LTC is in use too, but mostly BTC.

johncarpe64

sr. member

Activity: 420

Merit: 250

Nah, I remember it crash so bad after the drug ban..

CryptoPanda

sr. member

Activity: 910

Merit: 302

Quote from: roslinpl on February 11, 2014, 12:32:10 PM

Quote from: CryptoPanda on February 11, 2014, 12:03:50 PM

the price of a stuff with intrinsic value does go up when banned
the price of a currency that's less used goes down

Sure it does.
Thats why from all of Ccryptocurrencies in bitcoin I trust most.

As long as people use coin. Coin wont die.

yup, it's the only one that's actually being used so far.

roslinpl

legendary

Activity: 2212

Merit: 1199

Quote from: CryptoPanda on February 11, 2014, 12:03:50 PM

the price of a stuff with intrinsic value does go up when banned
the price of a currency that's less used goes down

Sure it does.
Thats why from all of Ccryptocurrencies in bitcoin I trust most.

As long as people use coin. Coin wont die.

CryptoPanda

sr. member

Activity: 910

Merit: 302

the price of a stuff with intrinsic value does go up when banned
the price of a currency that's less used goes down

roslinpl

legendary

Activity: 2212

Merit: 1199

Quote from: AltorXP on February 10, 2014, 09:55:15 PM

Quote from: roslinpl on February 09, 2014, 04:48:59 PM

Quote from: cryptoanarchist on February 07, 2014, 07:18:45 PM

Whenever something is banned, its price goes UP. Wink

So please, ban to your evil heart's content.

in this case if feds ban BTC (impossible)
prices will go down :p

because there would be no shops around for btc, only few people around interweb will use btc, so ban btc will not make price higher Tongue

(my guess)

+1, although they could make it a crime to use BTC, and close all exchanges. BTC wouldnt last very long

But lucly for us - there is no reason to do that!

Bitcoin is a way of new world order! Better world order!

AltorXP

member

Activity: 71

Merit: 10

Quote from: roslinpl on February 09, 2014, 04:48:59 PM

Quote from: cryptoanarchist on February 07, 2014, 07:18:45 PM

Whenever something is banned, its price goes UP. Wink

So please, ban to your evil heart's content.

in this case if feds ban BTC (impossible)
prices will go down :p

because there would be no shops around for btc, only few people around interweb will use btc, so ban btc will not make price higher Tongue

(my guess)

+1, although they could make it a crime to use BTC, and close all exchanges. BTC wouldnt last very long

cryptoanarchist

legendary

Activity: 1120

Merit: 1003

Quote from: CaptEmulation on February 10, 2014, 07:19:20 PM

Won't work because you can't smoke/inject/eat a bitcoin.

But you can buy things you can smoke/inject/eat with bitcoins.

cryptoanarchist

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Activity: 1120

Merit: 1003

Quote from: keithers on February 10, 2014, 07:17:13 PM

Quote from: cryptoanarchist on February 07, 2014, 07:18:45 PM

Whenever something is banned, its price goes UP. Wink

So please, ban to your evil heart's content.

This is the worst thing I have read all day...maybe all week. What planet are you living on that makes banned items more valuable? It makes them impossible to adopt/use without facing legal implications.

You're a ~~moron of epic proportions~~ average American. Marijuana is more expensive where it is still illegal, but an actual example shouldn't be needed where common sense should suffice.

Good things don't need to be "legal" for people to want to use them. Bitcoin doesn't need government approval any more than weed does.

Topic: MESSAGE TO FEDS: PLEASE BAN BITCOIN (Read 3387 times)