Post
Topic
Board Economics
Re: What's pushing up the price today ( Sept 24th )
by
BlackPanda
on 26/09/2015, 02:19:11 UTC
And why are they all buying today?

If I'm not mistaken, Bitcoin has recently been officially classed as a commodity in the US (by the CFTC). That means it can be traded like gold or oil at, say, Nymex (oil) or Comex (gold)...

Meanwhile, in Soviet Russia possession of Bitcoin (let alone trading) is about to become a criminal offense


No... they are banning it's use for buying things...  Like they are doing with the USD, etc unwittingly which is amusing to me.
Exactly, the possession is not being banned and the transaction of it online is also not being banned....
The trading and use of BTC to buy goods/services is being prohibited.
but sometimes some people use it for cyber crime