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Started By
Message
8 ways investing in bitcoins could go horribly wrong
Posted on 7/3/13 at 9:00 am
Posted on 7/3/13 at 9:00 am
LINK
Would be funny if patent trolls were a roadblock to bitcoin's development
quote:
8. Patent trolling.
Would be funny if patent trolls were a roadblock to bitcoin's development
5
Posted on 7/3/13 at 9:02 am to gizmoflak
NB4 Russian thinks of an additional 2,561,897 ways
Posted on 7/3/13 at 9:06 am to gizmoflak
quote:
Would be funny if patent trolls were a roadblock to bitcoin's development
Of those issues listen, patent trolls would be the least of my concern.
Even if a claim was made and even if the state attempted to enforce it, it still would not stop bitcoin.
Posted on 7/3/13 at 9:17 am to WikiTiger
Posted on 7/3/13 at 9:28 am to gizmoflak
Funny that they completely ignore any potential problems of compliance with governmental regulations, or attempts at regulation. The proclivity of criminals to use Bitcoins for their activities is not mentioned either. Investing in a commodity frequently used for criminal enterprises could get you unwanted attention from law enforcement agencies.
Posted on 7/3/13 at 9:29 am to Poodlebrain
quote:
Investing in a commodity frequently used for criminal enterprises could get you unwanted attention from law enforcement agencies.
so we shouldn't use the US dollar?
Posted on 7/3/13 at 9:31 am to WikiTiger
quote:People using the U.S. dollar for criminal activities are constantly being investigated which proves Poodle's point and makes you look silly.
could get you unwanted attention from law enforcement agencies.
so we shouldn't use the US dollar?
Posted on 7/3/13 at 10:12 am to WikiTiger
There are laws with the specific purpose of making use of the U.S. dollar in criminal enterprises more difficult. What is to prevent similar laws with respect to Bitcoins? And couldn't such laws have a negative impact on Bitcoins as investments? The purpose of the article linked in the OP was to point out risks associated with Bitcoin investments identified by the Winklvosses in their S-1 filing. And laws that COULD reduce the demand for Bitcoins would have a detrimental impact on Bitcoin prices which would not be good for investors, especially given the price volatility acknowledged by the Winklevoss brothers.
Posted on 7/3/13 at 11:33 am to Poodlebrain
The same regulations that make the dollar safer, will be implemented on Bitcoin, hence taking away all of the "selling points"
Posted on 7/3/13 at 11:34 am to gizmoflak
Posted on 7/3/13 at 1:11 pm to Smokedawg
quote:
Winklevoss twins' to make Bitcoin Mainstream
Yeah, we've been over this, it ain't gonna happen. Not gonna get approved. These guys are a couple of assholes who are desperate for attention, I wouldn't buy anything they are involved in.
Posted on 7/3/13 at 1:40 pm to Vols&Shaft83
quote:
it ain't gonna happen. Not gonna get approved.
Reginald Browne, head of exchange-traded product trading at Knight Capital Group Inc. (KCG), the largest lead market maker for ETFs and their cousins ETPs on the New York Stock Exchange, said he expects the examination to take years.
well, you've got a long time to wait to find out you were wrong
Posted on 7/3/13 at 7:27 pm to gizmoflak
Oh good, another bitcoin throwdown. I'll settle in and watch.
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