Silkroad Gone: Bitcoin Rising - page 2.

TheButterZone

legendary

Activity: 3038

Merit: 1032

RIP Mommy

Quote from: franky1 on October 25, 2013, 08:26:58 AM

if any of you watch the TV show "white collar" you may find some similarities to the silk road news lately..

although they call it "grey trade" they did manage to poke at silk road by saying the words in a conversation starting 11minutes 30 seconds.. which was a funny pun.

but it looks like the TV producers are keeping up to date on current events

white collar season 5 episode 2

Just watched that, and immediately wanted to start a topic about it. Awesome.

ThePanCakeKid95

sr. member

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thank you to everyone who are giving positive reviews

allthingsluxury

legendary

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Good video. Agreed Bitcoin will continue and thrive without silk road. As many people have pointed out, there is an actual real economy behind bitcoin, with real businesses.

Swimmer63

legendary

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Quote from: CurbsideProphet on October 26, 2013, 12:48:10 PM

Quote from: Swimmer63 on October 25, 2013, 06:02:08 PM

Actually the only reason BTC went down after that was emotion. Silk Road's effect on the price was like a fly on windshield - zero.
BUT I will say that other more organized and nefarious groups, like those often associated in movies with Italian heritage, could be keeping more in BTC than anyone cares to imagine. But they don't build websites and attract attention of the public. IMHO

That's actually a really good point that I hadn't considered.

If I was on the dark-side I would definitely store and move money in BTC. So much easier than fiat from whatever country.
I actually thought that was one of the theorized reasons for the spike in BTC ($250 at one point) during the Cyprus banking crisis. Cyrpus banks have long been a parking spot for Russian Mob money due to their poor oversight. One of the potential solutions to the crisis was the government was going to seize a percentage of everyone's account to bail out the banks. When that was announced BTC soared. If I recall properly. That was the Mob moving their funds to BTC instead of getting a percentage seized.
Someone is probably more up on the details than me though.

balanghai

sr. member

Activity: 364

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It is very interesting to begin with and surely things would get better if not worst when talking about sites that are illegal in sovereign states but otherwise traded in btc.

darkmule

legendary

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Well, we'll know if the Zetas get involved in Bitcoin, because of the sudden epidemic of a mysterious illness that causes the head to separate from the body.

CurbsideProphet

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Quote from: Swimmer63 on October 25, 2013, 06:02:08 PM

Actually the only reason BTC went down after that was emotion. Silk Road's effect on the price was like a fly on windshield - zero.
BUT I will say that other more organized and nefarious groups, like those often associated in movies with Italian heritage, could be keeping more in BTC than anyone cares to imagine. But they don't build websites and attract attention of the public. IMHO

That's actually a really good point that I hadn't considered.

mises

sr. member

Activity: 352

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Hey dude! I really like your presentation, very informative and well spoken! thanks.

Swimmer63

legendary

Activity: 1593

Merit: 1004

Actually the only reason BTC went down after that was emotion. Silk Road's effect on the price was like a fly on windshield - zero.
BUT I will say that other more organized and nefarious groups, like those often associated in movies with Italian heritage, could be keeping more in BTC than anyone cares to imagine. But they don't build websites and attract attention of the public. IMHO

winnate

member

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The fact that bitcoin survived the downfall of SR and came out strong really says something

ThePanCakeKid95

sr. member

Activity: 418

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yes, I totally agree, if anything this shows that bitcoin is way more than just some way to pay for drugs

franky1

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Quote from: CurbsideProphet on October 25, 2013, 12:28:59 PM

I'm pleasantly surprised with the rally after the shutdown. It really chops the "Bitcoin is only for drugs" crowd off at the knees.

+1 =$200+

CurbsideProphet

hero member

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I'm pleasantly surprised with the rally after the shutdown. It really chops the "Bitcoin is only for drugs" crowd off at the knees.

franky1

legendary

Activity: 4424

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if any of you watch the TV show "white collar" you may find some similarities to the silk road news lately..

although they call it "grey trade" they did manage to poke at silk road by saying the words in a conversation starting 11minutes 30 seconds.. which was a funny pun.

but it looks like the TV producers are keeping up to date on current events

white collar season 5 episode 2

KillaPlaya

newbie

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Merit: 0

When you say 'Silkroad' you mean the game itself? Oo

ThePanCakeKid95

sr. member

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Thanks so much for the positive reviews

nameface

sr. member

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very nice job

ThePanCakeKid95

sr. member

Activity: 418

Merit: 250

Hey guys it's Jason I got a video about how silk road affected bitcoin's price go check it out

http://youtu.be/TD0qPla2ayg

Topic: Silkroad Gone: Bitcoin Rising - page 2. (Read 5198 times)