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Topic: Hearing on BTC in senate NOW (Read 9892 times)

Nolo

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Whoa, there are a lot of cats in this wall.

Re: Hearing on BTC in senate NOW

November 18, 2013, 09:31:50 PM

#81

Quote from: DeathAndTaxes on November 18, 2013, 09:29:29 PM

Quote from: Nolo on November 18, 2013, 09:27:51 PM

Quote from: Bboy360 on November 18, 2013, 09:24:47 PM

Ending statement was really good. too!! FYI, as posted in another thread. Coinbase is out of bitcoins to sell.

I've never sold to coinbase. But about to sell them about 10 as a test. How long do they take to transfer the funds to my bank account from the time I transfer them the coins?

It is "normal" ACH so usually 3-4 business days (sometimes 2 days it varies by bank). No faster or slower than any other ACH transfer (Dwolla -> Bank, PayPal-> Bank, etc).

Would you agree that coinbase is as reliable a business to sell my coins to as any, and I shouldn't expect any problems? (Now that bitcoins are worth so much, I'm almost obsessive compulsive about my security)

(Sorry for the offtopic question, but coinbase was brought up, so I thought I'd ask.)

Charlie Kelly: I'm pleading the 5th. The Attorney: I would advise you do that. Charlie Kelly: I'll take that advice under cooperation, alright? Now, let's say you and I go toe-to-toe on bird law and see who comes out the victor? The Attorney: You know, I don't think I'm going to do anything close to that and I can clearly see you know nothing about the law.
19GpqFsNGP8jS941YYZZjmCSrHwvX3QjiC

applelover

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Re: Hearing on BTC in senate NOW

November 18, 2013, 09:32:21 PM

#82

if anyone wants to sell, sell to me, ill buy now

Nolo

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Re: Hearing on BTC in senate NOW

November 18, 2013, 09:33:28 PM

#83

Here comes the child porn guy. Ugh.

As noble as his mission may be, everyone's pretty much going to need to ignore everything he says with regard to "virtual currencies".

Edit: Someone named their site "Pedo Empire"??

2nd Edit: Although he did comment that bitcoins are traceable and every transaction is public. Interesting.

exstasie

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Re: Hearing on BTC in senate NOW

November 18, 2013, 09:35:02 PM

#84

Would it be possible for someone to create a summary of this after? I gotta go and won't be able to follow it for a bit.

.ChipMixer.{ MIXING REINVENTED FOR YOUR PRIVACY #.ChipMixer.

freethink2013

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Re: Hearing on BTC in senate NOW

November 18, 2013, 09:35:15 PM

#85

I like the way he's publicizing bitcoin is a public ledger.

freedomno1

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Re: Hearing on BTC in senate NOW

November 18, 2013, 09:35:38 PM

#86

I get Ernie Allens point but its more like
You can't argue against CP so run in fear
That said at least he is addressing the problem with a logical framework

Quote from: exstasie on November 18, 2013, 09:35:02 PM

Would it be possible for someone to create a summary of this after? I gotta go and won't be able to follow it for a bit.

I see a replay on C-Span Stream 1 for 10:30 today
If someone makes a download will totally download it for later

BITCOIN FOUNDATION!!!!

Believing in Bitcoins and it's ability to change the world

Nagle

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Re: Hearing on BTC in senate NOW

November 18, 2013, 09:40:20 PM

#87

Pedo guy just finished: "There is a secret Internet for drug deals, assassins, and child pornography".
But then he says that the US shouldn't push virtual currencies underground and offshore to uncooperative governments. "Absolute Internet anonymity is a prescription for catastrophe."

The FinCen person didn't seem too worried about Bitcoin.

Up now, the Bitcoin Foundation speaker.

DeathAndTaxes

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Gerald Davis

Re: Hearing on BTC in senate NOW

November 18, 2013, 09:41:08 PM

#88

Quote from: Nolo on November 18, 2013, 09:31:50 PM

Quote from: DeathAndTaxes on November 18, 2013, 09:29:29 PM

Quote from: Nolo on November 18, 2013, 09:27:51 PM

Quote from: Bboy360 on November 18, 2013, 09:24:47 PM

Ending statement was really good. too!! FYI, as posted in another thread. Coinbase is out of bitcoins to sell.

I've never sold to coinbase. But about to sell them about 10 as a test. How long do they take to transfer the funds to my bank account from the time I transfer them the coins?

It is "normal" ACH so usually 3-4 business days (sometimes 2 days it varies by bank). No faster or slower than any other ACH transfer (Dwolla -> Bank, PayPal-> Bank, etc).

As far as I know most problems have been with BUYING BTC from coinbase not SELLING so you should probably be fine. Although I don't have a lot of knowledge, I only did a couple of test transactions with them.

applelover

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Re: Hearing on BTC in senate NOW

November 18, 2013, 09:41:56 PM

#89

this guy from the bitcoin foundation isnt exactly inspiring.

applelover

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Re: Hearing on BTC in senate NOW

November 18, 2013, 09:43:42 PM

#90

jesus is this bitcoin foundation for real? i could give a better improvised speech

Bboy360

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Re: Hearing on BTC in senate NOW

November 18, 2013, 09:43:57 PM

#91

Yeah, there is no problem in selling them. They just can't get enough of them right now. Someone said in the other thread, that they work like a brokerage.

Nagan

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Bitcoin is physical

Re: Hearing on BTC in senate NOW

November 18, 2013, 09:44:02 PM

#92

Quote from: applelover on November 18, 2013, 09:41:56 PM

this guy from the bitcoin foundation isnt exactly inspiring.

But the chick in the background is.

Bitcoin is physical.

Nolo

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Re: Hearing on BTC in senate NOW

November 18, 2013, 09:44:53 PM

#93

Quote from: Nagan on November 18, 2013, 09:44:02 PM

Quote from: applelover on November 18, 2013, 09:41:56 PM

this guy from the bitcoin foundation isnt exactly inspiring.

But the chick in the background is.

Most of us weren't going to say it. But we were all thinking it. Cheesy

applelover

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Re: Hearing on BTC in senate NOW

November 18, 2013, 09:45:26 PM

#94

this is seriously pathetic. the bitcoin foundation guy is talking more about regulation, and less about the value of bitcoins, than the crime enforcement guys.

DeathAndTaxes

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Gerald Davis

Re: Hearing on BTC in senate NOW

November 18, 2013, 09:46:12 PM

#95

Glad to see someone talk about the issue of opening and maintaining bank accounts for Bitcoin related enterprises. Just about every Bitcoin related company has faced banking challenges. Banks often close accounts without recourse even when no fraud or illegal activity has occurred.

freedomno1

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Re: Hearing on BTC in senate NOW

November 18, 2013, 09:46:41 PM

#96

Foundation member please use more spirit

Believing in Bitcoins and it's ability to change the world

tom.hashemi

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Re: Hearing on BTC in senate NOW

November 18, 2013, 09:49:21 PM

#97

Quote from: freedomno1 on November 18, 2013, 09:46:41 PM

Foundation member please use more spirit

+1

(though maybe it's a good thing that the face of bitcoin is a little dull)

applelover

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Re: Hearing on BTC in senate NOW

November 18, 2013, 09:52:40 PM

#98

Quote from: tom.hashemi on November 18, 2013, 09:49:21 PM

Quote from: freedomno1 on November 18, 2013, 09:46:41 PM

Foundation member please use more spirit

+1

(though maybe it's a good thing that the face of bitcoin is a little dull)

yeah, and maybe if you lost your leg when a drunk drive slammed into you that would be good cause cause you're upper body would become so strong. don't be ridiculous. this guy is an embarrassment. he's not just a dull speaker, he didn't have any worthwhile content to offer

freedomno1

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Re: Hearing on BTC in senate NOW

November 18, 2013, 09:52:53 PM

#99

Quote from: tom.hashemi on November 18, 2013, 09:49:21 PM

Quote from: freedomno1 on November 18, 2013, 09:46:41 PM

Foundation member please use more spirit

+1

(though maybe it's a good thing that the face of bitcoin is a little dull)

Maybe I think if your at the forefront of history you should be a bit more livid about it
But maybe that's just me

Believing in Bitcoins and it's ability to change the world

Nagle

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Re: Hearing on BTC in senate NOW

November 18, 2013, 09:53:02 PM

#100

"Circle Internet Financial"? "Jeremy Allaire", their CEO, is speaking. They were established three weeks ago. They have $9 million in capital from a VC.

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