A day after Ripple FinCen fine... Its quiet....

Started by topcandle, May 06, 2015, 09:41:06 PM

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Ander

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zerosum

#7
Quote from: Ander on May 06, 2015, 10:15:02 PM
Quote from: topcandle on May 06, 2015, 09:41:06 PM
No statement from BM.No denial of Reports.
No weekly update from Stan.
Signs of movement towards regulatory functions.
Fincen says investigating other businesses.
Bitshares is other business.
Bitshares is going to get investigated.
Bitshares is going to get fined.  Maybe 700,000.  Can they absorb it?

We went over this all pretty exhaustively 6 months ago.  In fact, some of the impetus for the change to the dilution/paid delegate model was probably at least partially a response to the possibility of governmental attack.  The idea was to make Bitshares into something self funding in a decentralized way, that could survive whatever attack was thrown at it. 

Looks like a FUD post to try to get someone to sell into your buy orders OP? ;)

Well, back then a very much beloved character of mine (and fuzz' for that matter) started the topic. I was wondering if he can call himself candle...
bottom-candle? maybe, but top-candle????

topcandle

Quote from: Ander on May 06, 2015, 10:15:02 PM
Quote from: topcandle on May 06, 2015, 09:41:06 PM
No statement from BM.No denial of Reports.
No weekly update from Stan.
Signs of movement towards regulatory functions.
Fincen says investigating other businesses.
Bitshares is other business.
Bitshares is going to get investigated.
Bitshares is going to get fined.  Maybe 700,000.  Can they absorb it?

We went over this all pretty exhaustively 6 months ago.  In fact, some of the impetus for the change to the dilution/paid delegate model was probably at least partially a response to the possibility of governmental attack.  The idea was to make Bitshares into something self funding in a decentralized way, that could survive whatever attack was thrown at it. 

Looks like a FUD post to try to get someone to sell into your buy orders OP? ;)

Of bitshare gets fined 70000 can bm and dev team take that hit?  It will close to lethal wouldn't you think. 

This is just a cautionary analysis.  No Fud.  An unwillingness to consider possible outcomes is problematic. 
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Ander

Quote from: topcandle on May 06, 2015, 09:41:06 PM
No statement from BM.No denial of Reports.
No weekly update from Stan.
Signs of movement towards regulatory functions.
Fincen says investigating other businesses.
Bitshares is other business.
Bitshares is going to get investigated.
Bitshares is going to get fined.  Maybe 700,000.  Can they absorb it?

We went over this all pretty exhaustively 6 months ago.  In fact, some of the impetus for the change to the dilution/paid delegate model was probably at least partially a response to the possibility of governmental attack.  The idea was to make Bitshares into something self funding in a decentralized way, that could survive whatever attack was thrown at it. 

Looks like a FUD post to try to get someone to sell into your buy orders OP? ;)
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onceuponatime

Quote from: topcandle on May 06, 2015, 09:41:06 PM

Bitshares is going to get fined.  Maybe 700,000.  Can they absorb it?

Who's "they"?  We're all "we" here, except for you, in which case you should address us as "you", not "they".

fuzzy

Quote from: topcandle on May 06, 2015, 09:41:06 PM
No statement from BM.No denial of Reports.
No weekly update from Stan.
Signs of movement towards regulatory functions.
Fincen says investigating other businesses.
Bitshares is other business.
Bitshares is going to get investigated.
Bitshares is going to get fined.  Maybe 700,000.  Can they absorb it?

I honestly don't care. I'm here for a completely different reason than most. I am not beholden to illusory profits that make me give up on my principles.
Let those asshole do what they want...the only way bitshares dies is if we let it. And if we do that shame on us...we never deserved freedom in the first place.


Take your bullshit elsewhere.
WhaleShares==DKP; BitShares is our Community! 
ShareBits and WhaleShares = Love :D

hpenvy2

It must be great to have a personal crystal ball. You know.

topcandle

No statement from BM.No denial of Reports.
No weekly update from Stan.
Signs of movement towards regulatory functions.
Fincen says investigating other businesses.
Bitshares is other business.
Bitshares is going to get investigated.
Bitshares is going to get fined.  Maybe 700,000.  Can they absorb it?
[url="https://metaexchange.info"]https://metaexchange.info[/url] | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads