Topic: Silkroad closed down. Owner Arrested. (Read 9720 times)

http://www.slate.com/blogs/future_tense/2013/10/02/silk_road_s_dread_pirate_ross_ulbricht_asked_stack_overflow_question_under.html

Ross William Ulbricht, indicted for allegedly running the online contraband marketplace Silk Road, wasn't above asking for a little programming help when he needed it.

Even the finest programmers could use a little help from their friends on Stack Overflow now and then. The site, which invites users to ask and answer one another’s questions about specific coding problems, has become a global hub for software engineers, catering to pros and amateurs alike. Silk Road mastermind “Dread Pirate Roberts,” it seems, was no exception.

According to the criminal complaint against Ross William Ulbricht, the man who allegedly ran the vast online drug marketplace from his San Francisco apartment, he ventured humbly onto the site in March 2012 to ask a couple of friendly questions. The first one, it seems, was relatively innocuous, if a bit unorthodox. But a second query struck FBI investigators as rather incriminating, in retrospect: “How can I connect to a Tor ****** service using curl in php?”, the user asked. Silk Road is, of course, a Tor ****** service—perhaps the world’s most famous one at that.
But here’s the facepalm-worthy part: According to the criminal complaint, Ulbricht posted the question using his own real name. Less than one minute later, he changed his username to “frosty.” And then, one assumes, banged his head against a hard wall several times.

According to the complaint, the Stack Overflow post served as key evidence for authorities trying to link Ulbricht to Silk Road. From the complaint:

Based on forensic analysis of the Silk Road Web Server, I know that the computer code ... includes a customized PHP strip based on 'curl' that is functionally very similar to the computer code described in Ulbricht's posting on Stack Overflow, and includes several lines of code that are identical to lines of code quoted in the posting.
Oh, and the encryption key on the Silk Road server ended with the substring "frosty@frosty." Whoops.
Frosty’s account lives on at Stack Overflow, where you can inspect his code and pass judgment on his chops if you’re so inclined. And while this won’t appear anywhere in the criminal charges against Ulbricht, the court of computer-programmer opinion may duly note that he asked two questions on the site, but didn’t take the trouble to answer anyone else’s.

You cant be serious it is neutral news

A lot of Silk Road members are gathering on Reddit to discuss their next move. Some of the vendors have already moved to Sheep Market. They're posting big discounts to encourage buyers to follow them. Silk Road going down will only be a mild inconvenience for most buyers and sellers.

I feel sorry for Dread Roberts. He's shown the possibilities of Bitcoin more than any other person 

Longterm neutral. There's a lot of baseless panic selling, but silk road didn't really have that huge of an effect on the value of bitcoin. People are blowing things out of proportion.

You cant be serious it is neutral news

This is mostly neutral news for the value of bitcoin. This is actually an amazing buying opportunity right now.

http://cryptolife.net/silk-road-takedown-bitcoin-great-buy-right-now/

Its not the collapse of bitcoin like some people are making it out to be but its obviously not neutral. The sharp market sell off should be enough to tell you its more negative than positive. I imagine what will happen is that SR replacements will pop up but will begin to only accept alt coins in order to stay off the government's radar. Some users of bitcoin will take their business to whatever coin becomes the new black market coin, which will amount to a BTC sell off.

It is called unfunded liabilities.  Many of the US future obligations are "off the books".  The "national debt" is just the tip of the iceberg.

Any corporation offering retirement or retirees for healthcare would be required to project the lifetime cost, reduce that to NPV and reflect that as a liability.  Not doing so is criminal, literally criminal charges.   However the US govt gets to play by different accounting rules.  Since a retiree in 2040 doesn't cost the govt anything "yet" it is $0 liability on the US govt books.  The fact that inevitably 2040 will come and that retiree will stop working, paying taxes, and will collect SS and Medicare for the next 20-40 years only matters in the real world.

This is mostly neutral news for the value of bitcoin. This is actually an amazing buying opportunity right now.

http://cryptolife.net/silk-road-takedown-bitcoin-great-buy-right-now/

Exactly - at 60 I'll start to buy. Cant wait.

It is called unfunded liabilities.  Many of the US future obligations are "off the books".  The "national debt" is just the tip of the iceberg.

Any corporation offering retirement or retirees for healthcare would be required to project the lifetime cost, reduce that to NPV and reflect that as a liability.  Not doing so is criminal, literally criminal charges.   However the US govt gets to play by different accounting rules.  Since a retiree in 2040 doesn't cost the govt anything "yet" it is $0 liability on the US govt books.  The fact that inevitably 2040 will come and that retiree will stop working, paying taxes, and will collect SS and Medicare for the next 20-40 years only matters in the real world.

Um.... in what world does the USG owe $100 trillion?

Last chance to get BTC below $100

Don't blame the forum.  Take responsibility for your actions and stop being gullible enough to trade based on random forum posts.

I had sold most of my btc yesterday when the trend was failing but still held some and lost money thanks to some trolls on here posting "the news is fake" , "look at the shadows and the camel", "DPR is making a joke about the government shut down", etc. Fuck you!