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Topic: The SEC Shows Why Bitcoin is Doomed. - page 6. (Read 9175 times)

legendary
Activity: 1442
Merit: 1000
Antifragile
January 01, 2014, 03:59:07 PM
#5
Regarding Mike and the Casascius coins, Mike just chose not to get the licensing. (Which is proving great for those who already have his coins as the price has of course shot up. But bad for newcomers).
Titan has the licensing and they have also raised prices A LOT. Go figure. I do think Mike will get the licensing, at least in some states as he was doing just too well imo.

SEC stopping BTC? LOL, please, this isn't just about America, much less regulations...
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
January 01, 2014, 03:51:37 PM
#4
Someday food will need to be purchased in the black market. Wink

I think gasoline will be first.
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
January 01, 2014, 03:43:37 PM
#3
thats from the Aug 8, 2013.

also:

yes, its a high risk investement if you see it like this. you probably lose all money.

Yeah, I know how old it is but things have happened like attempting to put Casascius Coins out of production with threats. The government knows how expensive it is to be in a financial services business. So the info might be even more relevant today.

Their are plenty of high risk investments. Most aren't teetering on being illegal.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
January 01, 2014, 03:37:42 PM
#2
thats from the Aug 8, 2013.

also:

in my opinion not a special article.

yes, its a high risk investement if you see it like this. you probably lose all money. you should sell when you dont believe in it.
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
January 01, 2014, 03:20:44 PM
#1
I just read this Timothy Lavin Bloomberg story and wondered if it's been discussed yet. I can't seem to find anything on it. If it has please direct me to the thread. The comments at the bottom are as interesting as the article. He raises some interesting points considering all the recent action from government agencies lately (like Mike Caldwell's recent letter forcing him to close up shop). Will governments simply regulate Bitcoin to death like so many good ideas of the past? Will business competition cease to make Bitcoin a worthwhile alternative? Is this just another naysayer that is missing the "point" of Bitcoin? Is the "point" to provide an outlet for crime or does Bitcoin have a place alongside other payment systems and is simply waiting to claim its market share?

http://www.bloomberg.com/news/2013-08-08/did-the-sec-just-validate-bitcoin-no-.html
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