Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32542.

windjc

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Quote from: Walsoraj on September 25, 2013, 07:33:26 PM

Whatever. I have exhausted the spirit of pure reason and no longer care argue about these ill conceived bitcoin-investments. Angry

And this is different than a realestate investment trust, how exactly?

Don't see how this illegal in any way. And what does FINCEN have to do with real estate trusts or other trusts?

People are not buying the Bitcoin directly. All the investors are vetted. The trust keeps their records open and transparent.

Sounds like you are just paranoid.

This is not an ETF. This is a completely different animal.

arklan

legendary

Activity: 1778

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Quote from: Walsoraj on September 25, 2013, 07:33:26 PM

Whatever. I have exhausted the spirit of pure reason and no longer care argue about these ill conceived bitcoin-investments. Angry

i dont think any of us said we'd be investing... just watching. not like we can do elsewise, really. can't stop it. not in our hands.

Walsoraj

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Activity: 686

Merit: 500

Ultranode

Whatever. I have exhausted the spirit of pure reason and no longer care to argue about these ill conceived bitcoin-investments. Angry

SheHadMANHands

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Quote from: Walsoraj on September 25, 2013, 07:16:56 PM

Quote from: SheHadMANHands on September 25, 2013, 07:01:48 PM

Quote from: Walsoraj on September 25, 2013, 06:56:40 PM

Quote from: SheHadMANHands on September 25, 2013, 06:48:41 PM

this?

http://www.reddit.com/r/Bitcoin/comments/1n532i/bitcoin_investment_trust_by_secondmarket/

That is going to get shut down by the SEC real quick.

Do you know how the legality works around this? Serious question.

I thought from quick glance they were "off the grid", so to speak.

Also: http://www.reddit.com/r/Bitcoin/comments/1n1tie/something_big_coming_to_secondmarket_for_bitcoin/ccenwqy

SEC will go after anyone, anywhere offering investment or investment-like opportunities to US citizens.

This is different than AML/KYC stuff, which is the focus of FINCEN.

SecondMarket looks pretty reputable. They wouldn't have consulted lawyers and spoke with the SEC before even starting something like this? I'm just thinking out loud...

Walsoraj

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Ultranode

Quote from: arklan on September 25, 2013, 07:21:40 PM

well, they've clearly been operating quite happily for a while, bitcoin or no.

wait and see, i say.

huh? we don't need to wait and see. A the present time there is NOTHING safe about a bitcoin investment. It is inherently speculative and probably will be for many years, at least until we get clarity on a bunch of related legal issues.

WAY WAY WAY too early for this shit. It will just hurt bitcoin's already shaky reputation when these things get shut down.

arklan

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well, they've clearly been operating quite happily for a while, bitcoin or no.

wait and see, i say.

Walsoraj

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Activity: 686

Merit: 500

Ultranode

Quote from: SheHadMANHands on September 25, 2013, 07:01:48 PM

Quote from: Walsoraj on September 25, 2013, 06:56:40 PM

Quote from: SheHadMANHands on September 25, 2013, 06:48:41 PM

this?

http://www.reddit.com/r/Bitcoin/comments/1n532i/bitcoin_investment_trust_by_secondmarket/

That is going to get shut down by the SEC real quick.

Do you know how the legality works around this? Serious question.

I thought from quick glance they were "off the grid", so to speak.

Also: http://www.reddit.com/r/Bitcoin/comments/1n1tie/something_big_coming_to_secondmarket_for_bitcoin/ccenwqy

SEC will go after anyone, anywhere offering investment or investment-like opportunities to US citizens.

This is different than AML/KYC stuff, which is the focus of FINCEN.

Walsoraj

hero member

Activity: 686

Merit: 500

Ultranode

Quote from: arklan on September 25, 2013, 06:59:07 PM

Quote from: Walsoraj on September 25, 2013, 06:56:40 PM

Quote from: SheHadMANHands on September 25, 2013, 06:48:41 PM

this?

http://www.reddit.com/r/Bitcoin/comments/1n532i/bitcoin_investment_trust_by_secondmarket/

That is going to get shut down by the SEC real quick.

assuming the follow applicable AML and such, why would it get shut down?

Doesn't have to do with AML. SEC focuses on potentially unsafe or risky investments. It is not clear that ANY bitcoin-based investment will pass the SEC smell-test at the present time. Especially, considering how many legal hurdles bitcoin still must overcome.

SheHadMANHands

legendary

Activity: 1168

Merit: 1000

Quote from: Walsoraj on September 25, 2013, 06:56:40 PM

Quote from: SheHadMANHands on September 25, 2013, 06:48:41 PM

this?

http://www.reddit.com/r/Bitcoin/comments/1n532i/bitcoin_investment_trust_by_secondmarket/

That is going to get shut down by the SEC real quick.

Do you know how the legality works around this? Serious question.

I thought from quick glance they were "off the grid", so to speak.

Also: http://www.reddit.com/r/Bitcoin/comments/1n1tie/something_big_coming_to_secondmarket_for_bitcoin/ccenwqy

arklan

legendary

Activity: 1778

Merit: 1008

Quote from: Walsoraj on September 25, 2013, 06:56:40 PM

Quote from: SheHadMANHands on September 25, 2013, 06:48:41 PM

this?

http://www.reddit.com/r/Bitcoin/comments/1n532i/bitcoin_investment_trust_by_secondmarket/

That is going to get shut down by the SEC real quick.

assuming the follow applicable AML and such, why would it get shut down?

Walsoraj

hero member

Activity: 686

Merit: 500

Ultranode

Quote from: SheHadMANHands on September 25, 2013, 06:48:41 PM

this?

http://www.reddit.com/r/Bitcoin/comments/1n532i/bitcoin_investment_trust_by_secondmarket/

That is going to get shut down by the SEC real quick.

SheHadMANHands

legendary

Activity: 1168

Merit: 1000

this?

http://www.reddit.com/r/Bitcoin/comments/1n532i/bitcoin_investment_trust_by_secondmarket/

TheKoziTwo

legendary

Activity: 1552

Merit: 1047

Quote from: Wary on September 25, 2013, 04:42:07 PM

Quote from: adamstgBit on September 25, 2013, 10:25:20 AM

it would appear Stamps has made similar changes.

https://www.bitstamp.net/article/bitstamp-new-verification-requirements/

as of the 30th you'll need to be registered to withdraw bitcoin or cash.

Wow! It seems the foundation's meeting with three-letter-agencies guys wasn't fruitless. Another meeting or two and KYC&AML will be integrated into the bitcoin protocol.

Wary

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Activity: 798

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Who's there?

Quote from: adamstgBit on September 25, 2013, 10:25:20 AM

it would appear Stamps has made similar changes.

https://www.bitstamp.net/article/bitstamp-new-verification-requirements/

as of the 30th you'll need to be registered to withdraw bitcoin or cash.

Wow! It seems the foundation's meeting with three-letter-agencies guys wasn't fruitless. Another meeting or two and KYC&AML will be integrated into the bitcoin protocol.

MickeyT2008

sr. member

Activity: 350

Merit: 250

This account was recently hacked

Quote from: rampantparanoia on September 25, 2013, 03:45:14 PM

Quote from: MickeyT2008 on September 25, 2013, 03:38:50 PM

Quote from: rampantparanoia on September 25, 2013, 02:44:27 PM

i think this is the announcement.... https://bitcointalksearch.org/topic/annkmc-kimcoin-north-korea-coin-for-the-world-to-use-299906

long live kimcoin

The Rghost URL in that 'announcement' is hosting links to malware according to this scan: http://zulu.zscaler.com/submission/show/242dad2d77c4199bdd3a0b70f5b8ab6b-1380140842

Of course though encryption software often causes false positives when scanning for malware, but I'm not going to click it whilst I'm still running Windows anyway, maybe I'll boot from a live Linux distro CD and check it out later just for curiosity's sake.

twas trolling... but thanks for that!

I guessed that, but I thought I'd give it a quick scan anyway

rampantparanoia

sr. member

Activity: 516

Merit: 283

Quote from: MickeyT2008 on September 25, 2013, 03:38:50 PM

Quote from: rampantparanoia on September 25, 2013, 02:44:27 PM

i think this is the announcement.... https://bitcointalksearch.org/topic/annkmc-kimcoin-north-korea-coin-for-the-world-to-use-299906

long live kimcoin

The Rghost URL in that 'announcement' is hosting links to malware according to this scan: http://zulu.zscaler.com/submission/show/242dad2d77c4199bdd3a0b70f5b8ab6b-1380140842

Of course though encryption software often causes false positives when scanning for malware, but I'm not going to click it whilst I'm still running Windows anyway, maybe I'll boot from a live Linux distro CD and check it out later just for curiosity's sake.

twas trolling... but thanks for that!

MickeyT2008

sr. member

Activity: 350

Merit: 250

This account was recently hacked

Quote from: rampantparanoia on September 25, 2013, 02:44:27 PM

i think this is the announcement.... https://bitcointalksearch.org/topic/annkmc-kimcoin-north-korea-coin-for-the-world-to-use-299906

long live kimcoin

The Rghost URL in that 'announcement' is hosting links to malware according to this scan: http://zulu.zscaler.com/submission/show/242dad2d77c4199bdd3a0b70f5b8ab6b-1380140842

Of course though encryption software often causes false positives when scanning for malware, but I'm not going to click it whilst I'm still running Windows anyway, maybe I'll boot from a live Linux distro CD and check it out later just for curiosity's sake.

SheHadMANHands

legendary

Activity: 1168

Merit: 1000

Quote from: adamstgBit on September 25, 2013, 02:51:10 PM

the big news will be you can fund your second market account with bitcoins

The big news will be that, in fact, there is no big news.

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

the big news will be you can fund your second market account with bitcoins

rampantparanoia

sr. member

Activity: 516

Merit: 283

i think this is the announcement.... https://bitcointalksearch.org/topic/annkmc-kimcoin-north-korea-coin-for-the-world-to-use-299906

long live kimcoin

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32542. (Read 26608384 times)