just what do you think the FBI will say...

how about..

we need more money for more computing power so that we can try to trace these illicit money laundering transactions, please give us another $10 billion so we can hire more people and buy more hardware

Can someone bring some insight into this document about the Federal Election Comission request and its possibilities to get accepted. Comments period finishes today 16th

http://saos.nictusa.com/aodocs/1245451.pdf

I think politicians accepting bitcoins can be quite bullish for market. As does not make much sense to accept them and later do not pave the path for their growth in further legislations.


Some info about this

A political action committee has sought an advisory opinion from the Federal Election Commission (FEC) as to whether bitcoins can be accepted as political contributions and, if so, how bitcoins should be characterized and valued by recipients.[1]  The FEC is accepting comments on the request until September 16, 2013.  A decision from the FEC is expected by October 28, 2013.[2]    
The FEC’s consideration of the request is significant because it will mark only the second time that a U.S. government agency has publicly considered the nature of bitcoins.[3]  An FEC ruling that bitcoins can be accepted as campaign contributions would, at least implicitly, constitute recognition that bitcoins are a legitimate alternative form of currency, which could in turn further broaden their use.  A ruling limiting or precluding bitcoin contributions, however, could create a drag on the growth of the virtual currency industry.  
The FEC’s ruling is also potentially significant in that the FEC has been asked to weigh in on a number of questions that go to the nature of bitcoins and how they should be valued.  Recognizing that current FEC regulations mandate that monetary contributions be treated differently than in-kind contributions (which may include stocks, bonds and intangible goods),  the request seeks guidance regarding whether bitcoin contributions should be treated as  monetary or in-kind contributions.  The request contends that bitcoins resemble both monetary and in-kind contributions in various ways and asks the FEC to rule that bitcoin contributions may be treated as either (consistent with the applicable rules governing receipt and disposition), at the election of the recipient.  The request then poses more specific questions about how bitcoin contributions should be valued under either scenario, including whether bitcoins treated as in-kind contributions can be held indefinitely for future sale and, if so, at what point they should be valued for purposes of reporting and complying with donation limitations.   How the FEC rules on these questions of how bitcoins should be characterized and valued could have implications beyond the narrow confines of election law.  While the FEC’s ruling will not be binding on other federal agencies considering whether and how to regulate bitcoins, it may certainly be cited as relevant precedent.  For example, if the FEC were to characterize bitcoins as in-kind contributions analogous to stocks or commodities, this characterization could influence the future consideration of bitcoins by the Securities and Exchange Commission and the Commodity Futures Trading Commission, both of which have indicated that they are reviewing their possible jurisdiction over bitcoins.[4]  Such a ruling could also create questions about inconsistencies with the Financial Crimes Enforcement Network’s (FinCEN) March 18, 2013 Guidance interpreting the status of virtual currency under the Bank Secrecy Act (BSA) and the anti-money laundering
    


from: https://www.google.es/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&ved=0CEYQFjAB&url=http%3A%2F%2Ff.datasrvr.com%2Ffr1%2F313%2F17749%2FUpdate_DVC_13_09_FederalElectionCommission.pdf&ei=4Ho3UvKQKO_07Ab9lYD4Bg&usg=AFQjCNGJFNDwDlV2G1rT239CFt3yhTiBkQ&bvm=bv.52164340,d.ZGU

Its been going on for days now.  Looks like the same person is buying 1 BTC every 5-10 seconds on Bitstamp.

Check falkvinges article about it. He has his own opinion about this 1 btc sells.

http://falkvinge.net/2013/09/13/bitcoins-vast-overvaluation-seems-to-be-caused-by-usually-illegal-price-fixing/

I don't like it either and i don't get the same conclusions. It has some interesting ideas though.
As i said his own opinion. Wonder what is crossing his mind lately. He was absolutely bullish some months ago:

http://falkvinge.net/2013/03/06/the-target-value-for-bitcoin-is-not-some-50-or-100-it-is-100000-to-1000000/

Is he out and wants to come in again?

Lol, you nailed it.

ummm, the same thing is going on at bitstamp. slow and steady stream of 1 btc sells.

thats something like 2-400/hr on each exchange.

It provides for some liquidity.

weren't we mining at an accelerated pace the last few months perhaps this is the result of that? or perhaps there is some missing data for about a week or so.

otherwise the chart looks good to me

This is a steady stream of buys. These trades aren't originated by sellers because the seller's orders are being hit all the time. Someone is accumulating a large holding and does not want to do the usual whale splash of ripping up the ask wall.