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Showing 4 of 4 results by PinkRanger
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Topic
Board Economics
Re: bitcoin and money laundering
by
PinkRanger
on 20/07/2014, 18:24:12 UTC
Getting harder to cash out large sum of bitcoin as all exchanges are now regulated.

Local Bitcoins then?
LBC sellers are technically suppose to comply with AML regulations, although many of them do not do so. You would probably need to sell over several trades if you wanted to cash out a large amount.

LBC users are in no way at all required to comply with AML regs any more than the seller of a used car is required to do so.
I have read news reports that LE has charged LBC sellers with AML violations when they sold to people who we're claiming to be using the bitcoin for illegal purposes
Post
Topic
Board Speculation
Re: Would you pay more for clean coins over tainted?
by
PinkRanger
on 20/07/2014, 18:07:44 UTC
Some people are already paying a bit extra for mixed coins so they cannot be identified, not because they fear holding "tainted" coins.
that is dumb. They can easily mix the coins themselves with bit mixer.io or they could simply deposit the coins on an exchange then withdraw them a day later to get new coins
Post
Topic
Board Speculation
Re: Dell, China, and Bitcoin
by
PinkRanger
on 20/07/2014, 17:59:56 UTC
very very suprising the preic did not react to it!  Angry i remeber the rally when DISH started accepting btc, why nothing when a 4x times bigger company does the same?
has it been assumed that at some point everyone will acccept BTC and that has been factored in the price?

One thing is that a company starts accepting bitcoin and another is that people use that method to pay, we need a detonator to bring people into this payment system.

the problem is BTC is actually present only in the US (maybe China as well to some extent). But other than that, BTC is not really popular in majority of the countries!
there are several other countries that bitcoin is used in. Japan, Australia, Canada, Greece, cypress, Germany, France, England among others
Post
Topic
Board Speculation
Re: Which profession has the best chance of predicting Bitcoin prices?
by
PinkRanger
on 20/07/2014, 17:50:21 UTC
Someone in finance has the best chances of being able to predict the price of bitcoin over time as they have experience in analyzing financial markets