Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32242. (Read 26473829 times)
October 02, 2013, 12:34:09 PM
Wall at $136 is down.
October 02, 2013, 12:33:09 PM
So how low do we go???
not low
the FED has all the SR BTC
silly speculative dumps on this news, are silly
October 02, 2013, 12:32:15 PM
So how low do we go???
IDK but I'll feel like I have to buy at 100. 
October 02, 2013, 12:31:12 PM
So how low do we go???
single digits. the party is just beginning.
October 02, 2013, 12:31:05 PM
what will happen to all the bitcoins hold by people on silk road?
the Fed should open up the site so they can get everyone to withdraw their bitcoins, at least the buyer accounts
They wont. They have already seized $3.6 million USD worth of BTC according to the BBC. This translates to about 26000 BTC. The questions become how much more BTC does Mr Ulbricht aka Dread Pirate Roberts have that the US Government can seize? Furthermore what will the US Government do with all the Bitcoins they now have?
October 02, 2013, 12:29:57 PM
So how low do we go???
October 02, 2013, 12:26:58 PM
what he says is not stupid, read it again...
It's a stupid thing to say if you run a black market...
October 02, 2013, 12:22:30 PM
October 02, 2013, 12:22:16 PM
First big sell.
October 02, 2013, 12:16:15 PM
October 02, 2013, 12:15:48 PM
what will happen to all the bitcoins hold by people on silk road?
the Fed should open up the site so they can get everyone to withdraw their bitcoins, at least the buyer accounts
October 02, 2013, 12:11:27 PM
The problem with running a black market is that anything you write will be analyzed. Any specific writing pattern you have could be matched. Say you often spell a word wrong or use a specific phrase. Those will be searched and if they find a match on the clearnet you can easily be identified. Now there is no secret that hidden services on Tor are not anonymous [source], but he could still have been anonymous if he paid for the server anonymously etc. It will be interested to see if any information on how he got caught will come out.
It's a sad day for bitcoin. He is unfortunate to be a US citizen. He may never be released from prison after this.
And what will happen to all the bitcoins hold by people on silk road?
It's a sad day for bitcoin. He is unfortunate to be a US citizen. He may never be released from prison after this.
And what will happen to all the bitcoins hold by people on silk road?
October 02, 2013, 12:05:01 PM
Silk Road admin arrested and servers seized:
https://bitcointalksearch.org/topic/silkroad-domain-seized-306331
If true, this could have some impact on price.
I just sold a bunch of coins.
https://bitcointalksearch.org/topic/silkroad-domain-seized-306331
If true, this could have some impact on price.
I just sold a bunch of coins.
HOLY SHIT
IT IS TRUE
Look at the linkedin of the guy, read his bio, the Walter White kind of guy: http://www.linkedin.com/in/rossulbricht
Interesting quote:
Now, my goals have shifted. I want to use economic theory as a means to abolish the use of coercion and agression amongst mankind. Just as slavery has been abolished most everywhere, I believe violence, coercion and all forms of force by one person over another can come to an end. The most widespread and systemic use of force is amongst institutions and governments, so this is my current point of effort. The best way to change a government is to change the minds of the governed, however. To that end, I am creating an economic simulation to give people a first-hand experience of what it would be like to live in a world without the systemic use of force.
Looks like this may very well be the guy.
what he says is not stupid, read it again...
October 02, 2013, 12:04:00 PM
Look at the linkedin profile of the guy, the Walter White type of character: http://www.linkedin.com/in/rossulbricht
And here you have the indictment: http://krebsonsecurity.com/wp-content/uploads/2013/10/UlbrichtCriminalComplaint.pdf
And here you have the indictment: http://krebsonsecurity.com/wp-content/uploads/2013/10/UlbrichtCriminalComplaint.pdf
October 02, 2013, 12:03:33 PM
Silk Road admin arrested and servers seized:
https://bitcointalksearch.org/topic/silkroad-domain-seized-306331
If true, this could have some impact on price.
I just sold a bunch of coins.
https://bitcointalksearch.org/topic/silkroad-domain-seized-306331
If true, this could have some impact on price.
I just sold a bunch of coins.
HOLY SHIT
IT IS TRUE
Look at the linkedin of the guy, read his bio, the Walter White kind of guy: http://www.linkedin.com/in/rossulbricht
Interesting quote:
Now, my goals have shifted. I want to use economic theory as a means to abolish the use of coercion and agression amongst mankind. Just as slavery has been abolished most everywhere, I believe violence, coercion and all forms of force by one person over another can come to an end. The most widespread and systemic use of force is amongst institutions and governments, so this is my current point of effort. The best way to change a government is to change the minds of the governed, however. To that end, I am creating an economic simulation to give people a first-hand experience of what it would be like to live in a world without the systemic use of force.
Looks like this may very well be the guy.
October 02, 2013, 12:03:21 PM
$3.6 MILLION WORTH OF BITCOIN HAS ALSO BEEN SEIZED
October 02, 2013, 12:03:12 PM
October 02, 2013, 12:01:24 PM
Ok, here it comes.
October 02, 2013, 12:01:19 PM
The price would have dropped anyway in 2 - 3 days, but the news of SR seems to trigger a small avalanche of coins.
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