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Topic: Sibos bump leading to Hackspace bump last 10 days of september rally (Read 2778 times)

legendary
Activity: 1246
Merit: 1011
This is like Microsoft trying to incriminate you for buying Donkey Kong for your Wii.

By definition, there's no such thing as an "illegal transaction" in terms of Bitcoins.

My apologies, it seems I haven't expressed myself well.  I don't mean to imply that Bitcoin has a problem with illegal activity, merely that if one could argue the case then one could almost certainly apply the same argument to fiat and corruption.

I certainly have no ethical hang-ups with using Bitcoins and indeed feel better about trading with them than with Sterling.
full member
Activity: 121
Merit: 100
This is like Microsoft trying to incriminate you for buying Donkey Kong for your Wii.

By definition, there's no such thing as an "illegal transaction" in terms of Bitcoins.
legendary
Activity: 1246
Merit: 1011

Bitcoin having a problem with illegal activity is easily matched and bested by centrally controlled wealth systems having a problem with severe immoral activity.  A merchant accepting fiat is as easily accused of supporting corruption as one accepting Bitcoin is accused of supporting crime.

That money laundering was the key criticism of Bitcoin is a huge success.  If a merchant is concerned about supporting or appearing to support crime by accepting Bitcoin then I would urge them to think hard about what they are supporting by accepting fiat.
hero member
Activity: 812
Merit: 1000
dammit... "terrorists!  Bitcoin will lead to funding for terrorists!"


Quote
But when Donald Norman, co-founder of fellow digital currency provider Bitcoin was questioned...

who is he and when did he become friends with Satoshi?
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
dammit... "terrorists!  Bitcoin will lead to funding for terrorists!"
sr. member
Activity: 332
Merit: 250
so today was the day of the talk and huge reduction in value.  Could it be that the speakers at the future of money talk may be among the speculators doing most of the trading?
full member
Activity: 210
Merit: 100
I wonder what happened at Sibos...

Price is stagnating horribly.  It's horrible!
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
I wonder what happened at Sibos...
legendary
Activity: 1692
Merit: 1018
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
Doesn't it suck when you're in all the way above $6 and it crashes to $5?

This is why it went down; minsc went in again, dammit Tongue
legendary
Activity: 1484
Merit: 1005
oh god my children's college fund



but hey, network hash rate is up.
legendary
Activity: 840
Merit: 1000
I'd say this is what The Manipulator wants, and it may very well help trigger a new rally. It just wants to buy more at a lower price.
full member
Activity: 210
Merit: 100
Doesn't it suck when you're in all the way above $6 and it crashes to $5?
legendary
Activity: 1512
Merit: 1036
Look who else is showing up at Sibos:

Antonio Benjamin, Global Chief Technology Officer, Citi
Uday Goyal, Founder, Anthemis Group SA
Shamir Karkal, CFO, Banksimple
Darrell MacMullin, Managing Director of PayPal Canada, PayPal
Venessa Miemis, Social Technologies Researcher, Emergent by Design
Donald Norman, Co-founder, Bitcoin Consultancy Ltd.
Heather Schlegel, CEO, Purple Tornado
Stan Stalnaker, Founding Director, Hub Culture / Ven Currency


We've got a bunch of companies trying to get the biggest cut of the pie and fees, and then Bitcoin, which doesn't want your money or fees at all (and for which anyone can be a speaker or expert), it just works.
legendary
Activity: 1484
Merit: 1005
oh god my money
hero member
Activity: 994
Merit: 501
PredX - AI-Powered Prediction Market
It laready has =D

It is time for rally!

RALLY! RALLY RALLY!

BUY BUY BUY!
legendary
Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
The download volume graph is a bit deceptive because one has to take into account the fact that there has not been a new Bitcoin client release for months. Before August there were old and new users downloading the client, during August and September it's mostly new users.

When the new 0.4 client with built-in encryption is released, I bet the download count jumps significantly and stays up for a while.

As for Google trends, that isn't looking good. But just like the transaction count and everything else, I see those indicators bottoming out very soon, just like the price (which possibly has already bottomed).
hero member
Activity: 668
Merit: 501
2800 EUR admission fee. crazy world.
legendary
Activity: 1484
Merit: 1005
Amusing too is Google Trend's search hits for "bitcoin":

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