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Topic: Silk Road Bitcoin Wallet Activates Again, Huge Dump Anticipated by the Community (Read 325 times)

member
Activity: 251
Merit: 10
the truth is that the dark net will always exist now that the silk road stopped the fbi the owner of the web site and that they had sentenced him to 30 years and then to life imprisonment there are always criminals who use these means to make their misbehavior nothing escapes that is the same as money on paper have many uses depends on who has it wrongdoing will be trapped by the authorities of their respective countries the only thing that there is also a very good community that throws these projects forward we do not leave which minorities affect bitcoin
newbie
Activity: 16
Merit: 0
Hope its activation news is not true. Otherwise there is a big change in the dump in the future. Finally, we expect huge growth. If this finally happens, then this really is not good news as another landfill is not what we are looking for now but a pump. This is really bad news for the market and it may have a negative impact on the market for bitcoin. We hope that this will soon stop soon to improve bitcoin. It was better when it was deactivated and let's hope it was disabled again.
member
Activity: 476
Merit: 13
Now the strength of the sellers are depleted and it is very important for these bears that someone starts again in large quantities. In addition, such sales will not choose the best price and will be ready to sell at the price that the buyer will offer
newbie
Activity: 14
Merit: 0
I'm not sure they belong to the owner of the Silk Road. I do not think the information is correct if the real amore of the coins is puched or minned must have been a big change till today.
legendary
Activity: 966
Merit: 1000
This is just the writer’s speculation based only on redditor’s observation the without further search, but this can be a disaster for Bitcoin if it happens, especially if it’s on the headline news. Before this happens, negative sentiments and FOMO will be created if this news continues to be blown up to the public.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
The real experts have spoken - https://twitter.com/wizsecurity/status/1037030003068653569

That's the crew that picked apart the Gox hack and pointed towards the BTC-e bloke. According to them it's a Gox whale and nothing to do with Silk Road.
newbie
Activity: 67
Merit: 0
I think its not a reason of bitcoin dump this day. Actually its not dump it is fluctuating. I believe silk road bitcoin wallet that could not deactive. I will confident about this coin.
newbie
Activity: 350
Merit: 0
Bitcoin or cryptocurrency is not like other physical curriences in the worls like UDS, EURO. It’s a digital currency, Its only existence is in the internet. The only of its groth is by mining so. If they have grown this ammount of bitcoin as per mention in the site which is unreliable there are only two ways one they have bought it or minned it if one of both happened its impossible that this ammount of transaction or process have slipped the eye of the community.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
"much ado about nothing" - a great fuss ("much ado") is made of something which is insignificant ("nothing") ...comes to my mind, when I look at this.

A once off dump of $1 Billion Dollars worth of bitcoins is definitely not going to trash the Bitcoin price for a long time, because that is just a drop in a bucket of the $125 675 135 876 USD market cap.

A Reddit user mentions Silkroad and every media platform jumps on the opportunity to create a sensational story around it.  Roll Eyes
newbie
Activity: 266
Merit: 0
The information of having this ammount of bitcoin stacked is seems bit weird I don’t think the information is correct if actually theese ammount of coin is puched or minned there must have been a huge change till today. They cant use it for payment of anything or else if they want to sell all the coins yes there will be a drastic change in the market but I think its all hoax.
newbie
Activity: 196
Merit: 0
It has a very smokey news. We cant get a clear conpectual result from the site so it is tough to determine the information legitity. The silk road site have been shut down to times from its being launched and the owner is arrested and setenced life in jailmso there is a very small possibility of this type of huge transaction.
newbie
Activity: 38
Merit: 0
Dumping 111k BTC would never be feasible for any investor no matter how big or small they are. Rather, it would just prove to be a massive loss for them on the long. If SilkRoad was behind that account, they wouldn't have made such mistakes as they are known for their clever operation techniques.
newbie
Activity: 29
Merit: 0
Not sure how can moving Bitcoin become bad for the community even if it is done by SilkRoad, what is ensuring that they are going to dump those coin? The article is full of baseless and sourceless information. Sorry to say but this sort of articles will only spread FUDs rather than helping the community.
newbie
Activity: 30
Merit: 0
The article that you shared talks about an unknown address with 111k Bitcoin at their disposal but how come they are being so sure that it is SilkRoad who owns the account. I don't think the article or the site is really credible rather they are just providing distorted information.
newbie
Activity: 67
Merit: 0
I think this is the main cause of the sudden decrease in the price of the bitcoin in the market. This needs to be deactivated again as it has given a negative effect on the market after the activation. I am hopeful that this will be stopped again very soon.
newbie
Activity: 218
Merit: 0
Maybe this explains the reason why so many BTC were dumped recently. It was better when it was deactivated and let's hope it gets deactivated again.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
This is really bad news for the market and it can have a negative impact on the impression of the bitcoin in the market. This can be a reason for the recent dumping in the bitcoin. We are hopeful that this will be stopped vry soon for the betterment of the bitcoin.


Nope. Anyone can do what the fuck they want. No one has a duty to anyone else.

Anyway, that 'article' is utter dogshit that was no doubt ripped from this - https://www.reddit.com/r/Bitcoin/comments/9bfnff/near_1b_are_currently_on_the_move_from_a_silkroad/  which is rather more coherent.
newbie
Activity: 182
Merit: 0
This is really bad news for the market and it can have a negative impact on the impression of the bitcoin in the market. This can be a reason for the recent dumping in the bitcoin. We are hopeful that this will be stopped vry soon for the betterment of the bitcoin.
newbie
Activity: 194
Merit: 0
yes, it really is. Finally, we waited for the very growth. I think bitcoin will not stop at this Cheesy
newbie
Activity: 70
Merit: 0
Yes I agree that this post has some missing articles. But hope its activation news is not true. But if it is true than we have to do something to stop it. Otherwise there is a huge change of dump in the future.
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