BitShares Forum

Main => General Discussion => Topic started by: topcandle on May 06, 2015, 09:41:06 pm

Title: A day after Ripple FinCen fine... Its quiet....
Post by: 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?
Title: Re: A day after Ripple FinCen fine... Its quiet....
Post by: hpenvy2 on May 06, 2015, 09:44:55 pm
It must be great to have a personal crystal ball. You know.
Title: Re: A day after Ripple FinCen fine... Its quiet....
Post by: fuzzy on May 06, 2015, 10:00:29 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.
Title: Re: A day after Ripple FinCen fine... Its quiet....
Post by: onceuponatime on May 06, 2015, 10:05:55 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".
Title: Re: A day after Ripple FinCen fine... Its quiet....
Post by: Ander on May 06, 2015, 10:15:02 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? ;)
Title: Re: A day after Ripple FinCen fine... Its quiet....
Post by: topcandle on May 06, 2015, 10:19:39 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. 
Title: Re: A day after Ripple FinCen fine... Its quiet....
Post by: zerosum on May 06, 2015, 10:20:10 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????
Title: Re: A day after Ripple FinCen fine... Its quiet....
Post by: Ander on May 06, 2015, 10:25:57 pm
https://bitsharestalk.org/index.php/topic,10643.0.html
Title: Re: A day after Ripple FinCen fine... Its quiet....
Post by: zerosum on May 06, 2015, 10:28:47 pm
https://bitsharestalk.org/index.php/topic,10643.0.html

celticwarrior72 ?? WTF I'll bet one of my 5 balls it was AbL...
Title: Re: A day after Ripple FinCen fine... Its quiet....
Post by: fuzzy on May 06, 2015, 10:45:12 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.

Then post as who you really are man. We can handle it i assure you.
Title: Re: A day after Ripple FinCen fine... Its quiet....
Post by: fuzzy on May 06, 2015, 10:48:30 pm
https://bitsharestalk.org/index.php/topic,10643.0.html

celticwarrior72 ?? WTF I'll bet one of my 5 balls it was AbL...

5 balls? Impressive...but what is the evolutionary reason and why the odd number?
Title: Re: A day after Ripple FinCen fine... Its quiet....
Post by: zerosum on May 06, 2015, 10:57:30 pm
https://bitsharestalk.org/index.php/topic,10643.0.html

celticwarrior72 ?? WTF I'll bet one of my 5 balls it was AbL...

5 balls? Impressive...but what is the evolutionary reason and why the odd number?

It is a random mutation I guess. There will be evolutionary reason (for the future scientist to analyze) if they persist through the next 5-10  generation....
Title: Re: A day after Ripple FinCen fine... Its quiet....
Post by: yellowecho on May 06, 2015, 11:04:47 pm
https://bitsharestalk.org/index.php/topic,10643.0.html

celticwarrior72 ?? WTF I'll bet one of my 5 balls it was AbL...

What makes you think celticwarrior72 was AbL and why would that matter?
Title: Re: A day after Ripple FinCen fine... Its quiet....
Post by: zerosum on May 06, 2015, 11:09:48 pm
https://bitsharestalk.org/index.php/topic,10643.0.html

celticwarrior72 ?? WTF I'll bet one of my 5 balls it was AbL...

What makes you think celticwarrior72 was AbL and why would that matter?
You are right that it really does not matter. All it is, is my memory is usually pretty good, I am kind of shocked when it fails me.
Title: Re: A day after Ripple FinCen fine... Its quiet....
Post by: liondani on May 06, 2015, 11:58:01 pm
https://bitsharestalk.org/index.php/topic,10643.0.html

celticwarrior72 ?? WTF I'll bet one of my 5 balls it was AbL...

(http://moviehole.net/img/rambo1-940x400.jpg)
Title: Re: A day after Ripple FinCen fine... Its quiet....
Post by: fuzzy on May 07, 2015, 12:10:05 am
https://bitsharestalk.org/index.php/topic,10643.0.html

celticwarrior72 ?? WTF I'll bet one of my 5 balls it was AbL...

5 balls? Impressive...but what is the evolutionary reason and why the odd number?

It is a random mutation I guess. There will be evolutionary reason (for the future scientist to analyze) if they persist through the next 5-10  generation....

No wonder you have a supermodel wife...
Title: Re: A day after Ripple FinCen fine... Its quiet....
Post by: kenCode on May 07, 2015, 08:02:48 am
The only problem I think we'd have is finding Coders qualified to replace the core devs. The software runs whether they are actively coding now or not.
 
Maybe we should require 51% of the core devs to manually wall burn a warrant canary that publishes a different "GOOD TO GO" style message every month. If the message is always slightly different, then we know that it was manually published and not some batch file. If it's multisig, we could stop the gov from tampering with those wall burns too. Secret subpoenas wouldn't be such a threat and we would be a lot more agile to such attacks.
Title: Re: A day after Ripple FinCen fine... Its quiet....
Post by: fav on May 07, 2015, 08:09:47 am
No statement from BM.No denial of Reports.

Sorry, but I fail to see the connection between BM and Ripple.
Title: Re: A day after Ripple FinCen fine... Its quiet....
Post by: JA on May 07, 2015, 08:28:07 am
No statement from BM.No denial of Reports.

Sorry, but I fail to see the connection between BM and Ripple.
oh, really?

Bytemaster
Ripple

How can you not see that?
Title: Re: A day after Ripple FinCen fine... Its quiet....
Post by: fav on May 07, 2015, 08:58:57 am
No statement from BM.No denial of Reports.

Sorry, but I fail to see the connection between BM and Ripple.
oh, really?

Bytemaster
Ripple

How can you not see that?

OMG, contacting Galileo Mystery now

(http://i.imgur.com/Kk9uJN6.jpg)

Edit: legal discussion https://bitsharestalk.org/index.php/topic,16174.0.html - moving this thread to the fun room now
Title: Re: A day after Ripple FinCen fine... Its quiet....
Post by: Ander on May 07, 2015, 05:29:38 pm
Here is your reply:

https://bitsharestalk.org/index.php?topic=16200.0
Title: Re: A day after Ripple FinCen fine... Its quiet....
Post by: topcandle on May 07, 2015, 06:04:53 pm
+5

although this is worrying

n a response to twin letters submitted in late 2013, the chief US money laundering and terrorist financing regulator explained that bitcoin exchanges may be money transmitters, even if they only match buyers and sellers on their platform
Title: Re: A day after Ripple FinCen fine... Its quiet....
Post by: Riverhead on May 08, 2015, 12:00:13 pm
+5

although this is worrying

n a response to twin letters submitted in late 2013, the chief US money laundering and terrorist financing regulator explained that bitcoin exchanges may be money transmitters, even if they only match buyers and sellers on their platform
This just in: HUAC reformed as FinCEN - goes after Crypto enablers.

Sent from my Timex Sinclair