The crime is charging a rake. Nobody gives a fuck if the rake is in dollars, euros, bitcoins, or orange futures. You charge a rake, you break the law.
New Reuters article:
http://finance.yahoo.com/news/u-shut...164437184.html
Not sure what is going on (perhaps related to recent frozen accounts) but bitcoin trading volume has fallen to about where it was 6 months ago, hence the extremely stable price. Either the speculators have left the market and we can expect a steady price or they are getting tired of waiting and we can expect a significant decline in near future.
I expect that the predatory EU crime syndicates have successfully bled dry all the prospectors.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
With the US seizing domains/bank accounts/etc sounds like some of the gambling sites (Satoshi Dice) are starting to hide their addresses to the US to avoid having issues.
So does someone like Micon make that move too? Otherwise if SwC keeps rolling and starts to make any significant (> 5k/month) do they seize his bank accounts/condo/whatever and ask questions after?
Feds don't plan to take down Bitcoin or other currencies
..An indictment filed by U.S. prosecutors accused Liberty Reserve of making 55 million laundering transactions for at least a million people, and it also painted the digital currency as a marketplace that enabled criminals to commit a host of illegal activities, including identify theft, credit card fraud, investment fraud, narcotics trafficking, and child pornography.
After Tuesday's raid on Liberty Reserve, many Bitcoiners feared that the feds would come down even harder on Bitcoin.
While Calvery explicitly said that the intention of FinCEN is not to go after all virtual currencies, she did make it clear that the Treasury is closely examining the digital currency market and all of its players.
"I do think we have obligation to take down the biggest U.S. money laundering [outfit] in U.S. history, that $6 billion money laundering operation," Calvery said. "If that ends up creating a broad-brush reaction that's inappropriate, that is something that would be, first of all, unanticipated. Secondly, that's something that would be addressed in the national conversation on the developing financial services industry in the weeks, months, and years to come."
http://news.cnet.com/8301-1023_3-575..._source=feedly
I have to give Micon and his crew credit. They have cleverly duped everyone with their .eu domain name. Since bitcoins are basically an avenue to launder money, you can get away with a poker site with a .eu domain because online poker is legal in Europe.
Definitely faked me out, and likely the Feds.
I would never have a poker site trading bitcoins in the US because it flies in the face of the Patriot Act because some shady motherfuckers can play one hand and chip dump to each other and cash out unnoticed. But the .eu domain is protected. So there.
Fun thing about having bitcoin bet in escrow. Interesting to see how much they will drop before Micon gives go ahead to pay. They have already dropped about 17% in the last 3 days.
https://bitcointalk.org/index.php?to...860#msg2416860
Looking at the dates in the OP, some of those bets were made when bitcoins were well under $20. Others were made immediately after the april crash, so those were probably worth about the same as they are right now anyway. Shit's in escrow anyway so it doesn't really matter, but interesting nonetheless.
The escrow guy won't let micon hold out too long, so he says, anyway.
I am sure this was all just a huge misunderstanding.
California trying to shutdown Bitcoins
http://www.forbes.com/sites/jonmaton...om-california/
You are the literal opposite of a loyal human being and have no shame whatsoever. Live your life with some fucking dignity for a change, have some self respect. Be a fucking man and tough out the dry spells with the rest of your friends sonatine.Originally Posted by sonatine
You have some nerve druff, I distinctly remember you telling me you would never implement a rep system similar to skatz because "pfa and skatz are not in direct competition." What a load of horse shit.
Originally Posted by sonatine
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