$1000 bitcoin
- Thread starter schockergd
- Start date
That is actually terrible news for India... Despite hosting their first (and last for a long while apparently) global conference on Bitcoin only 2 weeks ago, their government now appears to be hunting down the exchanges and sticking their owners in cages.
It would be horrible for the price of bitcoin if there were more than 10 ppl in that country that owned any... Oh well.
Meanwhile, Asia has great bitcoin news and this is more than likely what is driving the price up right now:
Li Ka-shing's bitcoin play is worth emulating, says top economist | South China Morning Post
The richest man on the entire continent, Li Ka-shing, just threw a bunch of money at Bitpay!
Sounds to me like the Chinese people desperately want to embrace bitcoin but they're afraid the PRC won't like them buying it, or at least made it too hard for them to buy it... So buying into foreign companies that are involved in it is the next best thing.
From what I understand the seller was raided because he was suspected of laundering money not because of using Bitcoin. I read charges would only be pressed if they could confirm money laundering.
Bitcoin operators shut shop in India amid RBI warning - The Economic Times
Terrible news for India
It makes sense for Indians to not deal in bitcoins anymore. Once you get a legal case slapped on you in India, expect all kinds of roughness to happen to you.
Terrible news for India
It makes sense for Indians to not deal in bitcoins anymore. Once you get a legal case slapped on you in India, expect all kinds of roughness to happen to you.
So he was only raided because he might have dealt in money laundering. That's a precedent you want to be rooting for.
What with all the bullshit? Conbase is an obvious front running scheme that rejects transactions when shit doesn't go their way, gox just doesn't pay out, China doesn't even have an exchange, wallets get hacked, bitstamp is part of some shady operation, random agencies Seize funds because they can and you act like this a safe investment? It's certainlY got Entertainment value, watching a couple idiots betting their life on this bullshit.
Some day this shit will plummet and all the"exchanges"will be"temporarily down"
Do You remember when Luke tried to save the environment?
Thinks is agnostic, makes up his own gods.
What with all the bullshit? Conbase is an obvious front running scheme that rejects transactions when shit doesn't go their way, gox just doesn't pay out, China doesn't even have an exchange, wallets get hacked, bitstamp is part of some shady operation, random agencies Seize funds because they can and you act like this a safe investment? It's certainlY got Entertainment value, watching a couple idiots betting their life on this bullshit.
Some day this shit will plummet and all the"exchanges"will be"temporarily down"
Do You remember when Luke tried to save the environment?
Thinks is agnostic, makes up his own gods.
Last 20 or so hours, every bitcoin transaction on the planet dotted on this map:
Notice india isn't exactly in the lead here... Switzerland on the other hand isn't doing too badly...
I think Europe is already unreachably far ahead of the rest of the world for bitcoin adoption. It must be the mentality of having all those little countries so close to each other... They all used to have different currencies so adopting one more isn't a big deal for them at all.
Notice india isn't exactly in the lead here... Switzerland on the other hand isn't doing too badly...
I think Europe is already unreachably far ahead of the rest of the world for bitcoin adoption. It must be the mentality of having all those little countries so close to each other... They all used to have different currencies so adopting one more isn't a big deal for them at all.
Apart from all the countries that adopted a single currency in the 90s, but yes - essentially we're fairly used to having lots of different cultures, currencies, policies, people etc.
Nah dont need that. Just a quick deal based on trust value. I already got what was required.
Looks like Bitcoin isn't used in texas that much. Also look at the dots near Romania/Bulgaria lolLast 20 or so hours, every bitcoin transaction on the planet dotted on this map:
Notice india isn't exactly in the lead here... Switzerland on the other hand isn't doing too badly...
I think Europe is already unreachably far ahead of the rest of the world for bitcoin adoption. It must be the mentality of having all those little countries so close to each other... They all used to have different currencies so adopting one more isn't a big deal for them at all.
Also I am surprised BTC isn't getting much trading done in UAE, if they enter the market the price spike will be huge imo, just like what happened with China.
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I've been wondering about that as well. Why aren't the rich Arabs buying btc in a big way yet?