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Topic: For Sale: 29 Thousand "Washed" Bitcoins (Read 1484 times)

hero member
Activity: 519
Merit: 500
June 26, 2014, 12:31:05 AM
#26
Once the coins hit an exchange or mixer it's pretty much a moot point.  I'm sure I get change from the dope dealer when I buy some carrots at the supermarket.  As long as the bill is not laced I don't care.
sr. member
Activity: 462
Merit: 250
I don't understand this attitude they are "washed", "verified", etc. My bitcoins are accepted anywhere bitcoins are accepted. Aren't they worth just the same? Smiley

Bitcoin is fungable however people often do not wish for the bitcoin in their wallet to be associated with other addresses associated with illegal activity

I doubt most people would know however. When I buy BTC, all I see is the amount that I want and an address (or addresses) with random characters that sends it to me. Same goes for everyone else. Most people (shops included) aren't going to put in the time and effort to trace back any of the transactions that they receive. Plus the practice of using change addresses would make it rather difficult to know whose money actually belongs to whom.
legendary
Activity: 1680
Merit: 1014
I don't understand this attitude they are "washed", "verified", etc. My bitcoins are accepted anywhere bitcoins are accepted. Aren't they worth just the same? Smiley

Bitcoin is fungable however people often do not wish for the bitcoin in their wallet to be associated with other addresses associated with illegal activity

That is pretty stupid "wish". Open your purse an take out a coin or a bank note. Are you sure that note was not associated with some shady activity? No. Most probably it is. Do you throw that bill away? No. The same expectations should be applied to Bitcoin by default.
sr. member
Activity: 644
Merit: 260
I don't understand this attitude they are "washed", "verified", etc. My bitcoins are accepted anywhere bitcoins are accepted. Aren't they worth just the same? Smiley

Bitcoin is fungable however people often do not wish for the bitcoin in their wallet to be associated with other addresses associated with illegal activity
sr. member
Activity: 364
Merit: 250
Fucking organized crime, they went after the easiest money they can make, so they can make money, I wonder how much it cost them to do an investigation on silkroad, my guess is nothing since it was the tax payers that paid it.  Tax payers should get that money back from bitcoins.
sr. member
Activity: 350
Merit: 250
I wonder how they got them washed or even they know those coins are actually there. I hope a hacker gets those coins first.
legendary
Activity: 2926
Merit: 1386
Washed bitcoins? lol I doubt the US marshalls even understand bitcoin.
However, some undefined group in the US Government do have the private keys relating to this group of coins.

Who is to say that the bitcoins do not suddenly vanish either before or after delivery to the winners of the auction?

Agree, this is a situation which could happen. I think to keep this large amount of btc in one single address is not very responsible;

I guess if the Marshalls send their stolen bitcoins to someone's address, he's got them.

But it would certainly be funny if they went to do that and found they've lost a few.  Or a lot.

Comedy Gold.
sr. member
Activity: 518
Merit: 250
Washed bitcoins? lol I doubt the US marshalls even understand bitcoin.
However, some undefined group in the US Government do have the private keys relating to this group of coins.

Who is to say that the bitcoins do not suddenly vanish either before or after delivery to the winners of the auction?

Agree, this is a situation which could happen. I think to keep this large amount of btc in one single address is not very responsible;
sr. member
Activity: 462
Merit: 250
Indeed, the chief attraction of buying these coins is that they are kosher by fiat decree
The irony is killing me
sr. member
Activity: 467
Merit: 250
What about the price after the sale, what is your prediction it will continue to fall down or go up?
member
Activity: 98
Merit: 10
Washed bitcoins? lol I doubt the US marshalls even understand bitcoin.

I wonder what soap they used...
I think they should keep their stolen bitcoins and buy their crack with them.

Well they must have to use dettol . then the bitcoins will be completely washed..Smiley
hero member
Activity: 810
Merit: 1000
Washed bitcoins? lol I doubt the US marshalls even understand bitcoin.

I wonder what soap they used...

I believe it was pineapple with a hint of vaseline.
sr. member
Activity: 399
Merit: 257
can we track the outputs and have the network reject them?

It's possible to rewrite the code to do just that, but that's a really bad idea. By implementing something like that, the fungibility of Bitcoin will be compromised. You can't start something like that because there will never be an end to it. Why would you even want to reject those coins anyway? What would be the point? What principle would you be defending? The whole idea seems to be driven by envy more than rationality.
sr. member
Activity: 294
Merit: 250
Bitmark Developer
can we track the outputs and have the network reject them?
legendary
Activity: 2926
Merit: 1386
Washed bitcoins? lol I doubt the US marshalls even understand bitcoin.

I wonder what soap they used...
I think they should keep their stolen bitcoins and buy their crack with them.
legendary
Activity: 1554
Merit: 1002
Washed bitcoins? lol I doubt the US marshalls even understand bitcoin.

I wonder what soap they used...
legendary
Activity: 1918
Merit: 1018
I don't understand this attitude they are "washed", "verified", etc. My bitcoins are accepted anywhere bitcoins are accepted. Aren't they worth just the same? Smiley

They are, OP was just being sarcastic

I hope we will know the price they are bought to, any chance it will be public?
legendary
Activity: 1036
Merit: 1000
Thug for life!
June 18, 2014, 03:17:41 PM
#9
I don't understand this attitude they are "washed", "verified", etc. My bitcoins are accepted anywhere bitcoins are accepted. Aren't they worth just the same? Smiley
full member
Activity: 210
Merit: 100
★☆★ 777Coin - The Exciting Bitco
June 18, 2014, 02:37:34 PM
#8
Washed bitcoins? lol I doubt the US marshalls even understand bitcoin.
us marshalls understand bitcoin?!  you kidding?!  apparently the don't even know how to use e-mail properly!
legendary
Activity: 2926
Merit: 1386
June 18, 2014, 01:50:54 PM
#7
Washed bitcoins? lol I doubt the US marshalls even understand bitcoin.
However, some undefined group in the US Government do have the private keys relating to this group of coins.

Who is to say that the bitcoins do not suddenly vanish either before or after delivery to the winners of the auction?

It would be interesting to know what the security protocols were they had in place.  Not that I would trust them to have what they said they had but it would illustrate the extent to which they understood Bitcoin.
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