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Topic: Silk Road was the best thing that has ever happened to Bitcoins. (Read 8397 times)

newbie
Activity: 28
Merit: 0
There's a link from the Silk Road main page here, but you have to be on Tor to get to it:  http://ianxz6zefk72ulzz.onion/
newbie
Activity: 1
Merit: 0
If somebody could link me to SR forums plox
newbie
Activity: 6
Merit: 0
Silk Road is a good service but it would be better if there were several decent markets on the go. I know there is Black Market but it's pretty sparse there. More competition can only be a good thing!
newbie
Activity: 14
Merit: 0
If Bitcoin ever becomes big (let's just imagine)
Bitcoin already is quite big. It takes at least a week to figure the thing out, yet has become the worlds largest distributed computing network in its two years of existence.
member
Activity: 62
Merit: 10
The Silk Road is awesome. It is a true freemarket of goods and services. I hope it grows with new products and services

legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
I don't doubt the former, but I do doubt the latter.  Certainly users and vendors will occasionally screw up and break their autonomy, but users have to be fairly tech and privacy savvy just to get onto Silk Road.  These guys are certainly not the "low hanging fruit" of the illicit drug trade.  Most of them would be as hard to prosecute as to locate.  How often do you hear of some rich, educated kid getting busted with drugs?  It's not like they don't buy it, they just deal with a smarter class of criminal.

Your probably right. It would be a complex case, and they would likely go after the sellers if anyone.
I'm not even sure what SR could be charged with? since they do not sell the drugs themselves.
legendary
Activity: 1708
Merit: 1007
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Bitcoins are only useful for illegal activities...

...
Why would it be useless for legal stuff?

Yes, why? I use it for legal purchases and find it far superior to credit cards, paypal, etc.


Same here.  I've used it for many legal purchases.  The hard part about bitcoin commerce is getting the bitcoins in the first place.  Everything else is easy.

Quote
 I would guess that SR is constantly monitored by law enforcement. One day they are going to put all the data together and start rounding up customers.

I don't doubt the former, but I do doubt the latter.  Certainly users and vendors will occasionally screw up and break their autonomy, but users have to be fairly tech and privacy savvy just to get onto Silk Road.  These guys are certainly not the "low hanging fruit" of the illicit drug trade.  Most of them would be as hard to prosecute as to locate.  How often do you hear of some rich, educated kid getting busted with drugs?  It's not like they don't buy it, they just deal with a smarter class of criminal.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
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Bitcoins are only useful for illegal activities...

...
Why would it be useless for legal stuff?

Yes, why? I use it for legal purchases and find it far superior to credit cards, paypal, etc.
And for those who think it is perfect for illegal purchases, I hope you have done your homework. Bitcoin is NOT anonymous. It can be, if carefully done in conjunction with TOR and other methods.  I would guess that SR is constantly monitored by law enforcement. One day they are going to put all the data together and start rounding up customers.
hero member
Activity: 938
Merit: 1002
Anything else the U.S. Dollar will work just fine.

IRL, I use Bitcoin and also have a Euro bank account. What's the method you would pick to transfer some funds to me?
hero member
Activity: 616
Merit: 500
Firstbits.com/1fg4i :)
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Bitcoins are only useful for illegal activities...

...
Why would it be useless for legal stuff?
newbie
Activity: 7
Merit: 0
Agreed with OP.

Bitcoins are only useful for illegal activities, which is perfectly fine of course.

Anything else the U.S. Dollar will work just fine.
newbie
Activity: 14
Merit: 0
when i click "click here to join" it redirects me to login, are they not accepting new registrations?


You might be correct. I clicked Logout and then Click Here to Join and it does redirect to the same page again. I'm sure it'll be back up for new registrations as soon as the site is 100% back.
newbie
Activity: 1
Merit: 0
when i click "click here to join" it redirects me to login, are they not accepting new registrations?
newbie
Activity: 14
Merit: 0
so is silkroad officially down?  if not then i want in

It's back up. Hopefully for good now.
legendary
Activity: 1708
Merit: 1007
so is silkroad officially down?  if not then i want in

From what I can tell, it never has been, although there has been a concerted effort to produce the image that it's either down or gone.  Intentional digital camo, I suspect.  Many of the early outrage that came about due to the public articles has dispersed, in part, based on the belief by the TOR ignorant public (including a couple of senators) that Silk Road had been run off.  I've never bought anything on Silk Road, but everytime I tried to access it, due to trying to verify reports of it's destruction, I found that the reports of it's untimely demise to be exagerated.
newbie
Activity: 1
Merit: 0
so is silkroad officially down?  if not then i want in
hero member
Activity: 714
Merit: 500
Sad in China.
There's a Great FireWall, i can't use tor.
hero member
Activity: 630
Merit: 500
Posts: 69
Silk road is down, I doubt they will be back, as their worth was slashed in half overnight.

Prices can adjust, if people want their service, they will just continue to buy at different rates is all, the actual prices of the products should remain unchanged.
member
Activity: 84
Merit: 10
Silk road is down, I doubt they will be back, as their worth was slashed in half overnight.
newbie
Activity: 168
Merit: 0
People with low post counts talking highly of Litecoin, color me skeptical lol


Though I can't help agree with the overall assessment of GPU versus CPU mining.  That is definitely a technical difference among those two coins that I think is enough to make a person have preference with one over the other.

I am my own person if that is what you are skeptical about  Cheesy

I've been mining for a (long) while now, I just never made an account as i really had nothing to say, I figured with litecoins starting i should make one as I will be mining it while I wait for FGPAs to mature.
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