Quote:
Originally Posted by GregWeld
Did anyone see that the US government seized assets of bitcoin??
I checked the price and it was trading at $125 and since I'm traveling back from
The V8 Supercar races in Austin I can't cut and paste the article
Using my phone.
http://www.cnbc.com/id/100750803 |
DHS didn't seize any bitcoins, the just closed an exchange here in the US. This is like killing one ant and hoping the whole colony dies. As long as there is a need, it will be near impossible to stop it.
The price has stabilized with a slow steady increase... but still, they know what it takes to destabilize it. When central banks can create dollars out of thin air, a relatively small bitcoin market can easily be manipulated.
Since that bubble and crash didn't scare everyone off, they are using force to trying to close things down now, at least here in the states where they can.