Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33339. (Read 26463019 times)
May 15, 2013, 12:11:36 PM
Yesterday was just a precursor. The real panic selling has yet to begin.
May 15, 2013, 12:11:27 PM
lol I have a feeling that Gox really is kinda incompetent. Bias aside. I'm wondering why only Dwolla got frozen or is there something we don't know about yet?
Nevertheless. I'm happy to have a reasonable explaination.
Nevertheless. I'm happy to have a reasonable explaination.
May 15, 2013, 12:11:19 PM
Coinseeker, you went from 'usually interesting to read' to 'ubertroll' in less than 48 hours. That must be a new record.
May 15, 2013, 12:10:35 PM
I also can guarantee anything I want. I'll double down on it. I GUARANTEE THIS PRICE IS GOING TO DOUBLE DIGITS!
i hope so!
May 15, 2013, 12:04:33 PM
And the hits just keep on coming.
And this is the real killer:
See ya at the bottom!
http://arstechnica.com/tech-policy/2013/05/feds-reveal-the-search-warrant-that-seized-mt-gox-account/
What is this I don't even... Quote
In the warrant, a special agent with Homeland Security Investigations (HSI), states that there's probable cause to believe Mt. Gox is engaging in "money transmitting" without a license, a crime punishable by a fine or up to five years in prison. The warrant goes on to demand that Dwolla hand over the keys to account number 812-649-1010, which is owned by Mt. Gox subsidiary Mutum Sigillum LLC.
And this is the real killer:
Quote
Homeland Security used a confidential informant, based in Maryland, to conduct the investigation. The informant simply created accounts with Dwolla and Mt. Gox, bought bitcoins, and then changed them back into dollars. Tracing that money, HSI was able to see that the money passed through a Wells Fargo account, number 7657841313, which was created by a single authorized singer: Mark Karpeles, the president and CEO of Mt. Gox. The account shows transfers to Dwolla going back to at least December 2011, according to the warrant.
See ya at the bottom!
http://arstechnica.com/tech-policy/2013/05/feds-reveal-the-search-warrant-that-seized-mt-gox-account/
May 15, 2013, 12:03:14 PM
I also can guarantee anything I want. I'll double down on it. I GUARANTEE THIS PRICE IS GOING TO DOUBLE DIGITS!
I want in on this guarantee. How are you backing it?
Are you even aware that words have meanings?
May 15, 2013, 12:02:15 PM
May 15, 2013, 12:00:59 PM
And the hits just keep on coming.
And this is the real killer:
See ya at the bottom!
http://arstechnica.com/tech-policy/2013/05/feds-reveal-the-search-warrant-that-seized-mt-gox-account/
Quote
In the warrant, a special agent with Homeland Security Investigations (HSI), states that there's probable cause to believe Mt. Gox is engaging in "money transmitting" without a license, a crime punishable by a fine or up to five years in prison. The warrant goes on to demand that Dwolla hand over the keys to account number 812-649-1010, which is owned by Mt. Gox subsidiary Mutum Sigillum LLC.
And this is the real killer:
Quote
Homeland Security used a confidential informant, based in Maryland, to conduct the investigation. The informant simply created accounts with Dwolla and Mt. Gox, bought bitcoins, and then changed them back into dollars. Tracing that money, HSI was able to see that the money passed through a Wells Fargo account, number 7657841313, which was created by a single authorized singer: Mark Karpeles, the president and CEO of Mt. Gox. The account shows transfers to Dwolla going back to at least December 2011, according to the warrant.
See ya at the bottom!
http://arstechnica.com/tech-policy/2013/05/feds-reveal-the-search-warrant-that-seized-mt-gox-account/
May 15, 2013, 11:59:25 AM
I GUARANTEE THIS PRICE IS GOING TO DOUBLE DIGITS!
I guarantee that you won't see the price touch $100 ever again. Guaranteeing anything is a dangerous game. Coinseeker, would you care to put your money where your mouth is?
May 15, 2013, 11:57:22 AM
If/when the USG tries to shut down BTC related .coms... Just .onion/.bit?
*buys namecoins
namecoins are the only remotely viable altcoin. I have 10.
May 15, 2013, 11:55:24 AM
If/when the USG tries to shut down BTC related .coms... Just .onion/.bit?
*buys namecoins
May 15, 2013, 11:52:40 AM
It's feeling kinda... Bullish.... In here.
Good. It's been a while.
Good. It's been a while.
Just ...the...beginning.
That is how you use it!
May 15, 2013, 11:51:26 AM
It's feeling kinda... Bullish.... In here.
Good. It's been a while.
Good. It's been a while.
May 15, 2013, 11:50:42 AM
If/when the USG tries to shut down BTC related .coms... Just .onion/.bit?
May 15, 2013, 11:50:17 AM
Just wow, after what a few bears told us was bad news, we are basically back to yesterday's level. 116 Dollars now!
Yes and by EMA curves, it seems that the price is starting to recover quickly after a fall
Yes and by EMA curves, it seems that the price is starting to recover quickly after a fall
May 15, 2013, 11:47:23 AM
Was it at market?
Yeah...1048btc 
May 15, 2013, 11:45:47 AM
May 15, 2013, 11:45:13 AM
Just wow, after what a few bears told us was bad news, we are basically back to yesterday's level. 116 Dollars now!
This is just going to get more and more interesting. Regulators and laws going against huge amounts of VC money and an economy screaming for alternatives in currency, hello Cypress.
Man, those were some huge buys that just went through. Was it at market?
This is just going to get more and more interesting. Regulators and laws going against huge amounts of VC money and an economy screaming for alternatives in currency, hello Cypress.
Man, those were some huge buys that just went through. Was it at market?
May 15, 2013, 11:41:39 AM
People who are being so super bullish despite the US Government telegraphing their intention to do something about Bitcoin should strongly consider protecting their stack. If shit really goes down, it will be a real $110 to $70 drop and you may never see the buying pressure return. Shit gets real at this point in BTC's evolution.
If they wanted to destroy Bitcoin, CampBX would be down. Dwolla payments to CampBX would be down. And MtGox's assets in Japan would also probably be frozen. Check out the previous cases of poker and Kim Dotcom. If they wanted to shut down MtGox, www.mtgox.com would look like this
Since they can shut the site down whenever they want (joys of being a .com), and they haven't, that's generally good news.
Crypto currencies are here to stay. The US Govt is better served by tracking the Bitcoin exchanges, instead of pushing them further off the radar. MtGox likely wasn't playing nice and ignored DHS, so they slapped them around a little. If MtGox gives them all the logs (transactions, ips, account info) they'd use it to track people on their watchlists and let MtGox exist. It's probably easier to track wires then Dwolla, so they're forcing people to use wires to deal with MtGox.
There's still a lot of unknown, but overall if it's just some KYC/AML requirement issues (re: letting the govt spy) its fairly minor.
May 15, 2013, 11:40:36 AM
Just ...the...beginning.
http://www.washingtonpost.com/blogs/wonkblog/wp/2013/05/15/the-coming-political-battle-over-bitcoin/
And it will be like the fight of Hercules against the Hydra of Lerna. Although i don't know of Hercules will win this time. http://www.washingtonpost.com/blogs/wonkblog/wp/2013/05/15/the-coming-political-battle-over-bitcoin/
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