Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30354.

JorgeStolfi

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Quote from: mmitech on January 13, 2014, 12:42:08 PM

who still trade at Mtgox ? well this news is not really pleasant http://thegenesisblock.com/mt-gox-seizures-linked-silk-road-fed-testimonies/

Quote

“In May 2013, through an interagency taskforce led by ICE in Baltimore, Maryland, three U.S. bank accounts [with about 5 million US$] associated with what was then the world’s largest bitcoin exchanger, Japan-based Mt.Gox [...] were seized for violations of 18 U.S.C. § 1960, operating a money service business in the United States without a license.”

Very interesting. Could this be the reason for the alleged difficulty of moving USD out of Mt Gox?

mmitech

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things you own end up owning you

Quote from: N12 on January 13, 2014, 12:43:02 PM

Magic the Gathering Online Exchange, laundering our drug money since 2010. Cheesy

and gox tell the customers we are working to make our daily withdrawing limit.... sorry what ? I don't care I want my money hahahahah

N12

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Magic the Gathering Online Exchange, laundering our drug money since 2010. Cheesy

mmitech

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things you own end up owning you

who still trade at Mtgox ? well this news is not really pleasant http://thegenesisblock.com/mt-gox-seizures-linked-silk-road-fed-testimonies/

Quote

Prevailing sentiment at the time leaned towards the notion that the government was actively cracking down on bitcoin companies, starting with the largest. Recent testimonies by federal agencies indicate that the account seizures were in fact related to the multi-year pursuit of Silk Road operators, rather than a crackdown on money transmission infractions for their own sake. In particular, the written statements not aired on television provide additional insight into the motives behind the seizures.

Notably, the statement by U.S. Immigration and Customs Enforcement (ICE) states,

“In May 2013, through an interagency taskforce led by ICE in Baltimore, Maryland, three U.S. bank accounts associated with what was then the world’s largest bitcoin exchanger, Japan-based Mt.Gox, which was moving approximately $60 million per month into a number of Internet-based hidden black markets operating on the Tor network, including Silk Road, were seized for violations of 18 U.S.C. § 1960, operating a money service business in the United States without a license. The bulk of the funds were associated with the illicit purchase of drugs, firearms, and child pornography.”

adamstgBit

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Trusted Bitcoiner

this is so exciting!

aminorex

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Sine secretum non libertas

Market wants the 820 wall gone and is willing to commit suicide in order to destroy it.

versace

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waking up still above 800 is nice but will it hold? Huh

?

aminorex

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Sine secretum non libertas

Quote from: ?? on ??

I moved all my 401k money from stock mutual funds to very low interest mutual funds when it hit 15,500 on Dow. I am not sure we see 6-7k again but I think we see 11k.

An article on the San Fran FRB web persuasively argues on the basis of boomer demographics that the S&P P/E will tend to bottom around 8.4 in 2024.

I personally doubt that sovereign currencies will exist at that time. They are a very new experiment, only having existed since 1971, and they are built on the delusional notion that exponential growth in the underlying economy will permit exponential growth in debt. The notion that this can be made stable by open market operations and variations in interest rates is a highly improbable one. Fiat bears all the marks of a failed social experiment since 2011. Heck, since 1997.

ChartBuddy

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