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Topic: 2013-10-02 FBI Seize Deep Web Marketplace Silk Road, Arrest Owner - page 2. (Read 4805 times)

sr. member
Activity: 328
Merit: 250
Does this whole story seem fishy to anyone else?  The takedown notice has a freaking camel in it (like it is a joke), the only corroborating source is krebs, the government agencies happen to be in a shutdown state and unable to respond for comment, DPRs account was last active at 8:54pm last night (after he was supposedly arrested), and the section of code cited in the notice is for CIVIL forfeiture.
sr. member
Activity: 276
Merit: 250
Big red candles forming on BTC-e....
hero member
Activity: 602
Merit: 500
R.I.P Silk Road 1.0
What will become of bitcoin now?Huh?

We must be patient and find out my friend.
legendary
Activity: 2786
Merit: 1031
Is Black Market Reloaded still operating?
sr. member
Activity: 276
Merit: 250
What will become of bitcoin now?Huh?
hero member
Activity: 602
Merit: 500
R.I.P Silk Road 1.0


question is, how will the btc price react?

Exactly! That's what I'm worried about. I just hope that mainstream adoption has surpassed the adoption of criminals and drug dealers. LOL!
Otherwise its time to SELL! SELL! SELL!

As much as I want it to go down, so I can stock up on a bunch of coins, it wouldn't. The price is too stable once VC's are in the economy we are pretty strong.

Lets hope so.
hero member
Activity: 924
Merit: 1000
There are many whales waiting for a bottom to invest. There were pretty big news regarding investment opportunities in Bitcoin recently. I think the price will probably go down on this news, but not that much. I'm not telling you not to sell anyway.
hero member
Activity: 602
Merit: 500
R.I.P Silk Road 1.0


question is, how will the btc price react?

Exactly! That's what I'm worried about. I just hope that mainstream adoption has surpassed the adoption of criminals and drug dealers. LOL!
Otherwise its time to SELL! SELL! SELL!
hero member
Activity: 602
Merit: 500
R.I.P Silk Road 1.0
There's already Atlantis though I'm not sure if its still in service. I visited those sites out of curiosity a couple times.
Never actually bought anything though I did eventually want to sell some clothing on there. I liked the idea of a really free market. Free of restrictions. Too bad someone always has to fuck shit up.
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
This just opens up a spot in the market, there will be other services which will replace Silk Road. The war on drugs will never be won.
hero member
Activity: 602
Merit: 500
R.I.P Silk Road 1.0
And I was just about to post this -.- LOL!
Nice!
That sucks for all us pot heads!
legendary
Activity: 1498
Merit: 1000
http://techcrunch.com/2013/10/02/fbi-seize-deep-web-marketplace-silk-road-arrest-owner/

Quote
The feds have caught up to the Silk Road. The underground website long known for drug trafficking was seized by the FBI who also arrested the owner on three criminal counts. Prosecutors charged Ross William Ulbricht with one count each of narcotics trafficking conspiracy, computer hacking conspiracy and money laundering conspiracy, according to a court filing.
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