Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21091. (Read 26710624 times)

hero member
Activity: 546
Merit: 500
Warning: Confrmed Gavinista
legendary
Activity: 1100
Merit: 1032
Does anybody know what Circle and Bitpay are going to do regarding the New York bitlicence?

BitPay is just a payment processor (e.g. it would not sell or buy bitcoins, or hold accounts in name of clients).  As such, it may have different licensing requirements. 

Bitpay buy and sell bitcoins. They also hold accounts of all their clients.

BitLicense application spectrum looks quite broad to me
https://bitcointalksearch.org/topic/m.12091268

It affects any entity that deals with virtual currencies (not just bitcoin) and that falls under the NY finance department, which includes all the usual financial services as well as "service providers" (not necessarily financial, just needs to have a contractual service agreement)
sr. member
Activity: 406
Merit: 251
Does anybody know what Circle and Bitpay are going to do regarding the New York bitlicence?

Even if they don't, Coinbase is and they have everything what those two offer.

I know, but it's a very interesting power struggle going on with a deadline today. I call it the Nyxit, lol.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 595
Merit: 101
Chromia - Relational Blockchain
Does anybody know what Circle and Bitpay are going to do regarding the New York bitlicence?

Before the BitLicense was released the Kraken, Circle and Bitpay were all highly critical of it. I have not yet come across any information about how Circle and Bitpay will react to it, but the Kraken's reaction came out of the blue. If Circle or Bitpay decide on the same reaction their announcement could come without warning the same as the Kraken's announcement.
sr. member
Activity: 406
Merit: 251
Does anybody know what Circle and Bitpay are going to do regarding the New York bitlicence?

BitPay is just a payment processor (e.g. it would not sell or buy bitcoins, or hold accounts in name of clients).  As such, it may have different licensing requirements. 

Bitpay buy and sell bitcoins. They also hold accounts of all their clients.
hero member
Activity: 910
Merit: 1003
Does anybody know what Circle and Bitpay are going to do regarding the New York bitlicence?

BitPay is just a payment processor (e.g. it would not sell or buy bitcoins, or hold accounts in name of clients).  As such, it may have different licensing requirements. 
sr. member
Activity: 406
Merit: 251
Does anybody know what Circle and Bitpay are going to do regarding the New York bitlicence?
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 546
Merit: 500
Warning: Confrmed Gavinista
So the $300 dream is good as dead now? But the $500 dream still intact in my brain. I don't know why. Maybe because of the incoming halving?

$300 dream ded, confirmed. And your brain is the only brain aware that such halving is inbound.

Maybe after 200k worth of goxcoins get distributed, 70k US and AU govcoins to be sold, a maxblocksize argument that seems to have donned cement shoes is resolved... maybe.
Wow, really? Yet Bitcoin is still up ten million percent in just six years. The world just needs to try to wrap its head around that fact. Those kind of numbers just don't fit into any kind of analytics. Most of the world has many broken paradigms to replace as well. Just relax and be glad you are here with us witnessing such an historic event.

It takes 10 million percent to get $0.0001 to $10.  And in only 6 years!!!  You are doing so well.

Returns are like risk - a huge increase in something tiny is still tiny.


legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
So the $300 dream is good as dead now? But the $500 dream still intact in my brain. I don't know why. Maybe because of the incoming halving?

$300 dream ded, confirmed. And your brain is the only brain aware that such halving is inbound.

Maybe after 200k worth of goxcoins get distributed, 70k US and AU govcoins to be sold, a maxblocksize argument that seems to have donned cement shoes is resolved... maybe.
Wow, really? Yet Bitcoin is still up ten million percent in just six years. The world just needs to try to wrap its head around that fact. Those kind of numbers just don't fit into any kind of analytics. Most of the world has many broken paradigms to replace as well. Just relax and be glad you are here with us witnessing such an historic event.

So you're saying Bitcoin is up 10 million percent over a few years.....and the only way is up...  Roll Eyes

Oh yeah!

legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 224
Merit: 100
Dat long needle on Huobi doe...

Regular goxobi's fake movements caused by the bots.
legendary
Activity: 2097
Merit: 1070
So the $300 dream is good as dead now? But the $500 dream still intact in my brain. I don't know why. Maybe because of the incoming halving?

$300 dream ded, confirmed. And your brain is the only brain aware that such halving is inbound.

Maybe after 200k worth of goxcoins get distributed, 70k US and AU govcoins to be sold, a maxblocksize argument that seems to have donned cement shoes is resolved... maybe.
Wow, really? Yet Bitcoin is still up ten million percent in just six years. The world just needs to try to wrap its head around that fact. Those kind of numbers just don't fit into any kind of analytics. Most of the world has many broken paradigms to replace as well. Just relax and be glad you are here with us witnessing such an historic event.

So you're saying Bitcoin is up 10 million percent over a few years.....and the only way is up...  Roll Eyes
full member
Activity: 177
Merit: 100
Dat long needle on Huobi doe...
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
So the $300 dream is good as dead now? But the $500 dream still intact in my brain. I don't know why. Maybe because of the incoming halving?

$300 dream ded, confirmed. And your brain is the only brain aware that such halving is inbound.

Maybe after 200k worth of goxcoins get distributed, 70k US and AU govcoins to be sold, a maxblocksize argument that seems to have donned cement shoes is resolved... maybe.
Wow, really? Yet Bitcoin is still up ten million percent in just six years. The world just needs to try to wrap its head around that fact. Those kind of numbers just don't fit into any kind of analytics. Most of the world has many broken paradigms to replace as well. Just relax and be glad you are here with us witnessing such an historic event.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
Jump to: