Quote from: Rampion on May 15, 2013, 10:28:32 AM

Quote from: Coinseeker on May 15, 2013, 10:20:21 AM

Quote from: Rampion on May 15, 2013, 10:15:13 AM

Anyhow, you can see how no coins rushed to the exchange after the Dwolla news. Fiat rushed out, but BTC did not rush in - which makes sense, if you use Dwolla there's no point in exchanging your un-seizable currency for seizable fiat.

There is if you don't like losing money as BTC prices fall and you want to buy low. Fiat is fine inside of Dwolla, for the moment. There is nothing illegal about Dwolla. They are in compliance of US regulations. (Or so it seems) But this series of recent comments is really two different conversations. One of those who want to stash BTC in wallets and go long. Totally fine and those who want to make money buying in low. Also fine. Apples and oranges really.

Additionally, the don't have to "seize" BTC's. All they have to do is block the flow of fiat in and out, and BTC's becomes worthless. How some people are waking up trying to hold on to these delusions is simply amazing. I call it denial. Bitcoin is only as strong as the fiat it can be converted into.

There is nothing illegal about Dwolla? There is nothing illegal about BTC neither.

If you do not see how this kind of news just make stronger Bitcoin in the long term, it has to be because you understand nothing about how BTC works.

You forget there's a lot of people who is not into BTC to get fiat profits. And you also forget USA is not "the world". FED fucking around with BTC? Yeah, that's expected. From the very first moment.

As the US goes, so goes the rest of the world. Sorry. And no, Dwolla is not illegal, where as Bitcoin is in violation of the laws of nearly every country. Now I agree, this will make Bitcoin stronger which is why I want cheap coins. If I thought this was going to kill Bitcoin, I'd just walk away. No, this and the steps to come will bring Bitcoin into compliance of regulations and taxes. Then business will be free to accept it and mass adoption will take off like a wildfire, shooting BTC prices into the stratosphere.

EDIT: "You forget there's a lot of people who is not into BTC to get fiat profits." I didn't forget, I believe that base of users tops out around the $50-$60 mark. And they are in it for fiat, they just don't need it today. Those who have this dream of a world of BTC only and fiat will be dead...are even fewer than that. Probably the $10 mark and below.