$500 Bitcoin
- Thread starter r3p1v
- Start date
Not too hard. Just crack down on the exchange services. E-gold was a good idea and the gov't totally shut that down.
Egold had an office and existed only in one country.
How would congress regulate bittorrent?
I've mentioned this at length. The minute Bitcoin becomes taxable, any auditor can accuse you of having Bitcoin transactions, and it's up to you to prove you do not. This will require disclosure.
Every business which would accept Bitcoins will have to have completely transparent books with regards to all the transactions in and out they make. Again, for tax and business license purposes.
Anyone running any sort of Bitcoin related service will become regulated as a financial service.
Unreported Bitcoin transactions may run afoul of wire fraud and money laundering, tax evasion statutes.
Oh, and most of this is applicable to Bitcoin if it isn't directly taxed either.
Trading Bitcoin for USD is still taxable like gold for USD is taxable (capital gains).
Trading Bitcoin for Goods/Services is barter, which is also taxable.
look. congress doesnt care about bittorrent. bittorrent is a couple kids transferring movies.
if theres a technology that threatens their power that they cant fight without shutting the internet down, theyll do just that. theyll zombify every last computer on the planet if they have to.
you kind of implicitly assume that the government doesnt have access to these measures. they dont really want to go there because it would be unpleasant for their peasants, but if they had to, whos gonna stop em.
like some cryptocurrency couldnt be stopped. the underlying asset of your cutesy coins is processing power. processing power is fueled by government owned power plants.
i dont think they care enough about a couple dozen nutjobs like you experiencing just another dream of freedom, but if they had to, they could.
and your wallets, tsa agents can take them from you like they can take gold from you. they might not be able to recover those funds, but thats not even your point, am i right? you somehow believe that theres this secret currency that the government can not control. which is bull because half your deduction relies on the fact that the chinese government is in fact controlling it. helping it grow.
or in your words:
the military industrial complex, whatever that may be, is a trillion dollar industry. do you really believe they cant control the fever dream of a hacker? because you hide behind tor?
the nsa has access to more processing power than your entire club of nutjobs combined. you make them angry they knock at the doors of google, amazon, apple, every university and all other big tech companies, seize their super computers and bomb your stupid ass coins into oblivion. seriously bro. delusions. people like you never make it or they get shot. good luck with either option.
every piece of technology that youve seen with your own eyes is 10 years behind state of the art research, 20 years behind prototypes and another 15 years behind military technology. the entire point of secret services is that they dont have to obey law.
the military industrial complex, whatever that may be, is a trillion dollar industry. do you really believe they cant control the fever dream of a hacker? because you hide behind tor?
the nsa has access to more processing power than your entire club of nutjobs combined. you make them angry they knock at the doors of google, amazon, apple, every university and all other big tech companies, seize their super computers and bomb your stupid ass coins into oblivion. seriously bro. delusions. people like you never make it or they get shot. good luck with either option.
every piece of technology that youve seen with your own eyes is 10 years behind state of the art research, 20 years behind prototypes and another 15 years behind military technology. the entire point of secret services is that they dont have to obey law.
As long as exchanges work within the banking system to send/receive payments they can be shutdown/regulated/etc.
https://support.mtgox.com/entries/21649594-Withdrawals-and-Deposits
How don't you understand that? How long could the exchanges last if you could only send money in envelopes to them and who would be crazy enough to do that?
Wow, wayn3; you're literally wrong on every assumption made in both of those posts. It's uncanny; that was a metric shitton of wrongness! I'm going to give you the chance to go out and find the right answers to all of that bullshit yourself before I put you on ignore to protect my IQ.
You're making a whole lot of assumptions:
1. The exchanges have to work within the banking system. I know of several projects that won't.
2. The exchanges have to work within your country.
3. Any exchange remains in the USSA. (We don't even have one in the top 5 anymore!)
4. Any legit businesses will have a problem following what regulation comes.
5. The bitcoin user has any desire to turn his bitcoins into USD.
(That's just off the top of my head.)
Agreed.
Paper? LOL. That's the opposite direction from a bitcoin. Nothing could make bitcoiners head that way.
You're making a whole lot of assumptions:
1. The exchanges have to work within the banking system. I know of several projects that won't.
2. The exchanges have to work within your country.
3. Any exchange remains in the USSA. (We don't even have one in the top 5 anymore!)
4. Any legit businesses will have a problem following what regulation comes.
5. The bitcoin user has any desire to turn his bitcoins into USD.
(That's just off the top of my head.)
It's business friends, now don't cry you lost the opportunity. I remember first when kids where asking bitcoin payments (the same kids that spam youtube comments with PPD) and I immediately tagged bitcoin as some ppc-bux peasantry and never paid attention to it again. Also, I just prefer to stay away from things that are against gov (because they have enough power to win in some way or another, you must be such a fool to think bitcoin is anything more than speculation - I got people to tell me bitcoin will replace $$ and the whole world will be work on bitcoins...).
Now that I see it's more than bux crap... fuck it, it's business, don't hate and move on to the next one.
Now that I see it's more than bux crap... fuck it, it's business, don't hate and move on to the next one.
U.S. Agencies to Say Bitcoins Offer Legitimate Benefits - Bloomberg
It is a conspiracy if they support it
It is a conspiracy if they don't support it
It is a conspiracy if they support it
It is a conspiracy if they don't support it
Can't even buy anymore on Coinbase.
I'm just selling every fraction of a bitcoin I have right now. These levels don't make sense to me. Gonna buy silver and gold instead.
I apologize if its shared before, its old news btw(Apr 2013).
STORY: Meet the Bitcoin Millionaires
“I’ve got a friend who forgot he had his computer mining Bitcoins in his garage—he checked and it’s worth about $12 million today,” says Kenna, 30, who is chief executive officer of Tradehill.
Good luck bros!
STORY: Meet the Bitcoin Millionaires
“I’ve got a friend who forgot he had his computer mining Bitcoins in his garage—he checked and it’s worth about $12 million today,” says Kenna, 30, who is chief executive officer of Tradehill.
Good luck bros!
(O_o)
H̨̼̩͐̑͆̀̚&
Can't even buy anymore on Coinbase.
I'm just selling every fraction of a bitcoin I have right now. These levels don't make sense to me. Gonna buy silver and gold instead.
its a rolling limit that will reset soon.
Are you sure? So today's buys will happen on friday, tomorrow's will happen saturday, etc? At first I thought it meant they were planning to receive more investor funding on friday, so the limiting would end then.
(O_o)
H̨̼̩͐̑͆̀̚&
ya, i just looked into it. Seems like they are anticipating the price to shoot up and might not have enough USD or coins to float it all.
act all aloof like some 16 year old schoolgirl afraid that her beauties all shes got because you cant refute a single point ive made. go protect your iq. youre trying all these big words, then someone shows you up and you run with your tail between your legs. i dont even dislike you. youre just proving you cant stand the scientific method.
you lack perspective. every year you get into some delusion, surround yourself entirely with people who are of your own opinion, then talk only to them til your head is stuck so far up your own ass you cant pull it out no more.
you dont even understand how discussion works. you need an antagonist. without that, youre just some fooled missionary.
some time between the environment delusion and the bitcoin delusion, weve lost you. its sad.
How is the Coinbase price still rising? If they aren't taking any new buy orders but are still accepting sell orders, shouldn't the exchange rate be dropping?