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Posted on 5/15/13 at 12:53 pm to MississippiLSUfan
quote:
A coworker led me to believe the department of homeland security intends to shut down bit coin in the USA
Feds seize assets of Bitcoin Exchange
Posted on 5/15/13 at 1:03 pm to Uncle Stu
Looks like Mt.Gox CEO Mark Karpeles is going to Federal frick me In the arse Prison
Posted on 5/15/13 at 1:56 pm to Vols&Shaft83
quote:
Looks like Mt.Gox CEO Mark Karpeles is going to Federal frick me In the arse Prison
why haven't BTC prices bottomed out today? or at least gone done at all?
Posted on 5/15/13 at 2:10 pm to Poodlebrain
You shole did.
Posted on 5/15/13 at 2:34 pm to gizmoflak
quote:Assuming you mean 'gone down'....it has.
or at least gone done at all?
Posted on 5/15/13 at 2:34 pm to LSURussian
How much? I need to know.
Posted on 5/15/13 at 2:35 pm to Poodlebrain
In a very very special case of complete stupidity, Mt. Gox decided to lie on official documents when setting up their dirty fiat bank account with Wells Fargo, specifically denying they were ever planning on setting up a currency exchange.
ANNNNNNNNNNNNNNNNND MtGox is down, Russian sent them a smoke signal and caused a DDOS
quote:
As part of the account opening process, Wells Fargo required Karpeles and Mutum Sigillum LLC to complete a “Money Services Business (MSB) Accounts, Identification of an MSB Customer” form. That document was completed on May 20, 2011 and identified Mutum Sigillum LLC as a business not engaged in money services. The application asks several questions; to include, “Do you deal in or exchange currency for your customer?” and “Does your business accept funds from customers and send the funds based on customers’ instructions (Money Transmitter)?” Karpeles answered these questions “no,” indicating that Mutum Sigillum LLC does not deal in or exchange money, and that it does not send funds based on customer instructions.
ANNNNNNNNNNNNNNNNND MtGox is down, Russian sent them a smoke signal and caused a DDOS
Posted on 5/15/13 at 2:35 pm to Vols&Shaft83
It should be called "Rolling hill Gox" now.
Get it? Mt. Gox sigh
I'll try harder later.
Get it? Mt. Gox sigh
I'll try harder later.
This post was edited on 5/15/13 at 2:38 pm
Posted on 5/15/13 at 2:45 pm to Vols&Shaft83
quote:
ANNNNNNNNNNNNNNNNND MtGox is down, Russian sent them a smoke signal and caused a DDOS
Posted on 5/15/13 at 2:48 pm to gizmoflak
ASICMINER just paid their weekly dividend today...a new high of .0362 BTC per share!!!!
Nice!
Nice!
Posted on 5/15/13 at 2:55 pm to WikiTiger
ASSMINER?
Oh I get it
Oh I get it
Posted on 5/15/13 at 2:57 pm to WikiTiger
Is this some attempt at a decoy so we won't notice what just happened?
Posted on 5/15/13 at 3:04 pm to Broke
quote:
Is this some attempt at a decoy so we won't notice what just happened?
There's a giant coin-shaped turd in the libertarian punchbowl
Posted on 5/15/13 at 3:05 pm to Broke
quote:
Is this some attempt at a decoy so we won't notice what just happened?
Not at all. I'm willing to discuss the MtGox situation. I just thought it was neat info. I would think you finance types would find unregulated stock markets to be fascinating.
Anyway, regarding the MtGox stuff, it seems as if the big "crime" is Mt. Gox is engaging in "money transmitting" without a license.
This post was edited on 5/15/13 at 3:10 pm
Posted on 5/15/13 at 3:07 pm to WikiTiger
quote:Intentionally lying on license applications is frowned upon. Of course, most bitcoinistas would just ask what's the big deal about lying.....
it seems as if the big "crime" is Mt. Gox is engaging in "money transmitting" without a license.
Posted on 5/15/13 at 3:08 pm to LSURussian
quote:
Intentionally lying on license applications is frowned upon. Of course, most bitcoinistas would just ask what's the big deal about lying.....
The entire market is intitially built on illegalities. Why should this be different?
Posted on 5/15/13 at 3:14 pm to LSURussian
quote:
Intentionally lying on license applications is frowned upon. Of course, most bitcoinistas would just ask what's the big deal about lying.....
Modern Libertarianism: "Not being able to lie on federal financial registration forms is THEFT! A truly free society would let the market determine whether a particular statement is fraudulent!"
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