China bans BitCoin exchanges in the country. - GoFuckYourself.com

Lichen · 03-30-2014, 12:15 PM

BTC idiots, you think BTC is going anywhere but down?

$450 and falling

LOL

mineistaken · 03-30-2014, 12:34 PM

Nobody from GFY would post that they lost money, everybody just earns trading anyway

Nice_Nick · 03-30-2014, 01:07 PM

Im thinking it could be a good time to buy?

seeandsee · 03-30-2014, 01:25 PM

they predict it will raise to 10k per coin back in the days

CAHEK · 03-30-2014, 01:33 PM

100$ what is really worth

DBS.US · 03-30-2014, 01:42 PM

Quote:

Originally Posted by CAHEK

100$ what is really worth

WORTH = What you can sell it for today

mineistaken · 03-30-2014, 01:43 PM

Quote:

Originally Posted by CAHEK

100$ what is really worth

Why not 50 or 150?

TheSquealer · 03-30-2014, 04:33 PM

The IRS has created new tax rules as well for bitcoins and that's just the start.

Thinking that governments wouldn't get involved on every level is the epitome of stupidly and immaturity.

DAMNMAN · 03-30-2014, 05:23 PM

Quote:

Originally Posted by TheSquealer

The IRS has created new tax rules as well for bitcoins and that's just the start.

Thinking that governments wouldn't get involved on every level is the epitome of stupidly and immaturity.

I'm one of those that thinks gov regulation can only boost confidence in BTC

mineistaken · 03-30-2014, 05:24 PM

Quote:

Originally Posted by DAMNMAN

I'm one of those that thinks gov regulation can only boost confidence in BTC

Indeed, it ads to legitimacy, as if it is actual valuable property and not just imaginary money.

TheSquealer · 03-30-2014, 07:14 PM

Quote:

Originally Posted by DAMNMAN

I'm one of those that thinks gov regulation can only boost confidence in BTC

I am more commenting on the originally flawed and continually touted dream of a currency free of government controls, as a primary selling point. That is never ever going to happen. Of course, being fully regulated and being subjected to the same exact banking laws, rules and regulations is the only way it can survive.

AdultKing · 03-30-2014, 07:36 PM

Quote:

Originally Posted by TheSquealer

I am more commenting on the originally flawed and continually touted dream of a currency free of government controls, as a primary selling point. That is never ever going to happen. Of course, being fully regulated and being subjected to the same exact banking laws, rules and regulations is the only way it can survive.

And once it is regulated around the world, why bother using it ? Might as well use established trusted systems for payments and moving money around.

TheSquealer · 03-30-2014, 08:02 PM

Quote:

Originally Posted by AdultKing

And once it is regulated around the world, why bother using it ? Might as well use established trusted systems for payments and moving money around.

Thats exactly right. It will ultimately just become a shitty alternative to established, stable currencies. If it is going to survive at all and when that happens, it all becomes a moot point and is relegated to nothing more than a shitty, wildly fluctuating currency whose value is based on nothing more than the naive pipe dreams of 17 year old script kiddies, anti social personalities, schizophrenics etc.

mineistaken · 03-30-2014, 08:10 PM

Quote:

Originally Posted by AdultKing

And once it is regulated around the world, why bother using it ? Might as well use established trusted systems for payments and moving money around.

Just a guess:
*because you still could send/receive money anonymously, avoiding tax man
*because of the lowest transfer fees

Joshua G · 03-30-2014, 08:20 PM

Quote:

Originally Posted by AdultKing

And once it is regulated around the world, why bother using it ? Might as well use established trusted systems for payments and moving money around.

its true value is in its facilitation of dark markets online. i'd bet a million bucks US Intelligence INVENTED it to pay spies, dictators & gun smugglers. Not only that, but now the NSA has duped thousands into "mining" AKA working decryption algos for US intelligence for free. Its a known fact the US navy created Tor, so its not a stretch of imagination that some NSA genius invented bitcoin & the whole libertarian angle to facilitate the dark markets online & US intelligence can track the whole fucking thing. Silk road went down, twice. If its so anonymous how'd that happen? the silk road founder slipped up on a gmail account? please. Everything surrounding bitcoin is shrouded in secrecy, including how Gox disappeared. & its no coincidence that russia & china are banning it.

2030 · 03-30-2014, 08:23 PM

Quote:

Originally Posted by Nice_Nick

Im thinking it could be a good time to buy?

how mh mon u hav chris?

Mutt · 03-30-2014, 08:26 PM

The founder of Reddit did a good job in analyzing Bitcoins, he's down on bitcoins mostly because the BTC scene has a large contingent of libertarian kooks ranting about central banks, Illuminati and the rest that will scare away the large mainstream companies who might have gotten behind Bitcoin. The shit show at Mt Gox really hurt too. I downloaded a wallet, also created one at an online wallet site, it's way too complicated and risky for the average Joe, password for this, address for that, download a paper wallet, etc not a chance in hell I could get my middle aged family members and friends to use Bitcoins at this point. So it remains the domain of speculators, kooks and drug dealers.

Bitcoin needs some good news in a big way. This is a big buying opportunity for the speculators, let's see how many of them have lost their belief now.

Mutt · 03-30-2014, 08:31 PM

Quote:

Originally Posted by JoshGirls Josh

its true value is in its facilitation of dark markets online. i'd bet a million bucks US Intelligence INVENTED it to pay spies, dictators & gun smugglers. Not only that, but now the NSA has duped thousands into "mining" AKA working decryption algos for US intelligence for free. Its a known fact the US navy created Tor, so its not a stretch of imagination that some NSA genius invented bitcoin & the whole libertarian angle to facilitate the dark markets online & US intelligence can track the whole fucking thing. Silk road went down, twice. If its so anonymous how'd that happen? the silk road founder slipped up on a gmail account? please. Everything surrounding bitcoin is shrouded in secrecy, including how Gox disappeared. & its no coincidence that russia & china are banning it.

I don't think US Intelligence is brilliant enough to hatch this plan.

If you were right why would they take down Silk Road, it's a great mousetrap, you would keep it alive to catch more mice.

NewNick · 03-31-2014, 01:34 AM

Quote:

Originally Posted by DAMNMAN

I'm one of those that thinks gov regulation can only boost confidence in BTC

Correct.

The paradox of the bullshit internet libertarian hype us that the only way alt currencies can prosper and gain widespread mainstream use, is if the global banking system accept, supports, and regulates.

Trying to stay alt, anonymous, and unregulated, will kill them off.

NewNick · 03-31-2014, 01:37 AM

Quote:

Originally Posted by JoshGirls Josh

its true value is in its facilitation of dark markets online. i'd bet a million bucks US Intelligence INVENTED it to pay spies, dictators & gun smugglers. Not only that, but now the NSA has duped thousands into "mining" AKA working decryption algos for US intelligence for free. Its a known fact the US navy created Tor, so its not a stretch of imagination that some NSA genius invented bitcoin & the whole libertarian angle to facilitate the dark markets online & US intelligence can track the whole fucking thing. Silk road went down, twice. If its so anonymous how'd that happen? the silk road founder slipped up on a gmail account? please. Everything surrounding bitcoin is shrouded in secrecy, including how Gox disappeared. & its no coincidence that russia & china are banning it.

I will take that bet.

freecartoonporn · 03-31-2014, 05:30 AM

BTC will go more down, prepare for purchase.

ilnjscb · 03-31-2014, 07:17 AM

One guy on here quoted $400,000 I have to find that.

DWB · 03-31-2014, 08:23 AM

Quote:

Originally Posted by Lichen

China bans BitCoin exchanges in the country.

That is FANTASTIC news!!!! This is only going to make it stronger and should make it worth at least $20,000 by fall. Wait just a little more and buy all you can!

</bitcoin delusion>

adultmobile · 03-31-2014, 08:29 AM

Here the BTC ticker

03-30-2014, 12:15 PM	#1
Lichen Tube Master Industry Role: Join Date: May 2004 Posts: 1,640	China bans BitCoin exchanges in the country. BTC idiots, you think BTC is going anywhere but down? $450 and falling LOL

03-30-2014, 01:25 PM	#4
seeandsee Check SIG! Industry Role: Join Date: Mar 2006 Location: Europe (Skype: gojkoas) Posts: 50,945	they predict it will raise to 10k per coin back in the days __________________ BUY MY SIG - 50$/Year Contact here

03-30-2014, 01:33 PM	#5
CAHEK C.C.C.P. Industry Role: Join Date: Aug 2003 Location: Novorossiya Posts: 7,039	100$ what is really worth __________________ Pharma from True-Meds. High converting shop in Europe and USA, fast payouts via BTC !!!

03-30-2014, 04:33 PM	#8
TheSquealer Mayor of Thneedville Industry Role: Join Date: Oct 2004 Posts: 25,221	The IRS has created new tax rules as well for bitcoins and that's just the start. Thinking that governments wouldn't get involved on every level is the epitome of stupidly and immaturity. Last edited by TheSquealer; 03-30-2014 at 04:35 PM..

03-30-2014, 08:26 PM	#17
Mutt Too lazy to set a custom title Industry Role: Join Date: Sep 2002 Posts: 34,431	The founder of Reddit did a good job in analyzing Bitcoins, he's down on bitcoins mostly because the BTC scene has a large contingent of libertarian kooks ranting about central banks, Illuminati and the rest that will scare away the large mainstream companies who might have gotten behind Bitcoin. The shit show at Mt Gox really hurt too. I downloaded a wallet, also created one at an online wallet site, it's way too complicated and risky for the average Joe, password for this, address for that, download a paper wallet, etc not a chance in hell I could get my middle aged family members and friends to use Bitcoins at this point. So it remains the domain of speculators, kooks and drug dealers. Bitcoin needs some good news in a big way. This is a big buying opportunity for the speculators, let's see how many of them have lost their belief now. __________________ I moved my sites to Vacares Hosting. I've saved money, my hair is thicker, lost some weight too! Thanks Sly!

03-30-2014, 12:34 PM	#2
mineistaken See signature :) Industry Role: Join Date: Apr 2007 Location: ICQ 363 097 773 Posts: 29,656	Nobody from GFY would post that they lost money, everybody just earns trading anyway

03-30-2014, 01:07 PM	#3
Nice_Nick So Fucking Banned Industry Role: Join Date: Mar 2014 Posts: 865	Im thinking it could be a good time to buy?

03-31-2014, 05:30 AM	#21
freecartoonporn Confirmed User Industry Role: Join Date: Jan 2012 Location: NC Posts: 7,683	BTC will go more down, prepare for purchase. __________________ SSD Cloud Server, VPS Server, Simple Cloud Hosting \| DigitalOcean Last edited by freecartoonporn; 03-31-2014 at 05:34 AM..

03-31-2014, 07:17 AM	#22
ilnjscb Confirmed User Industry Role: Join Date: Jun 2009 Posts: 8,870	One guy on here quoted $400,000 I have to find that.

03-31-2014, 08:29 AM	#24
adultmobile No, I am not banned Industry Role: Join Date: Nov 2003 Location: ChatGF.com Posts: 5,345	Here the BTC ticker __________________ TubeCamGirl.com