so looks like the show is over ... what now?
It ain't over till the fat lady sells her Bitcoins.
Or eats them. Cause that's what fatties do!
Ot: Australia & China are just waking up, & will be greeted with this news. I expect another $20 drop.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32512. (Read 26609542 times)
October 02, 2013, 04:14:05 PM
It ain't over till the fat lady sells her Bitcoins.
Or eats them. Cause that's what fatties do!
Ot: Australia & China are just waking up, & will be greeted with this news. I expect another $20 drop.
October 02, 2013, 04:12:28 PM
so looks like the show is over ... what now?
It ain't over till the fat lady sells her Bitcoins.
October 02, 2013, 04:11:28 PM
I don't believe they seized his bitcoins - unless they key logged or tortured him, more likely they're just making a statement that bitcoin isn't a safe haven.
October 02, 2013, 04:09:33 PM
so looks like the show is over ... what now?
October 02, 2013, 04:01:57 PM
October 02, 2013, 03:54:06 PM
Up, up, up! Obviously... 
Triangle is closing. Where to from here?
October 02, 2013, 03:52:43 PM
Triangle is closing. Where to from here?
First legit wedge I've seen on here for a while. Most people just draw triangles to troll. Good job finding a real one.
October 02, 2013, 03:48:40 PM
imo I would still be cautious. SR accounted for ~300-400 million in revenue a year for bitcoins. Much of which was from fresh money being brought in by customers. I don't know of anything else in the same stratosphere in terms of bringing in money into the network. SR was/is a big deal. Will there be other sites to take its place? Sure.. but to what extent they will fill that void remains to be seen. Also will customers/vendors of these sites be weary about jumping back into this market?
Bitcoin doesn't earn revenue, and SR was mostly neutral for supply and demand.
Buyers bought btc, sellers sold btc to buy product.
October 02, 2013, 03:46:21 PM
imo I would still be cautious. SR accounted for ~300-400 million in revenue a year for bitcoins. Much of which was from fresh money being brought in by customers. I don't know of anything else in the same stratosphere in terms of bringing in money into the network. SR was/is a big deal. Will there be other sites to take its place? Sure.. but to what extent they will fill that void remains to be seen. Also will customers/vendors of these sites be weary about jumping back into this market?
The same as when they close a file sharing site. They really like mopping the floor with the water running and then wonder why they're never finished.
There will be new sites like SR, but never as popular as SR for the next time. And also the risk now is even higher to start a portal like Silkroad, after Gov closed SR.
Filesharing is different, because it depends on laws of a country.So when the server is in Africa, Gov of the U.S can do nothing against it, as long as they don´t have american friendly providers there. That is the difference.
October 02, 2013, 03:46:07 PM
Triangle is closing. Where to from here?
October 02, 2013, 03:39:05 PM
It just surprises me that they caught him by some random forum posts. Goes to show, it's the simple things that get people caught.
in a previous life i investigated forum posts for a company. Based on their posts, and there were several, and without access to web logs or any IP address or their email I was able to identify every single one of them. People are stupid and talk to much, use same alias everywhere. If you have the time is very easy to track people down, google is your friend
Too bad Tom Williams didn't post on any forums. Wait! Are you Tom Williams?
[/quote0]
lol you caught me, now i'm in trouble lol
October 02, 2013, 03:34:52 PM
imo I would still be cautious. SR accounted for ~300-400 million in revenue a year for bitcoins. Much of which was from fresh money being brought in by customers. I don't know of anything else in the same stratosphere in terms of bringing in money into the network. SR was/is a big deal. Will there be other sites to take its place? Sure.. but to what extent they will fill that void remains to be seen. Also will customers/vendors of these sites be weary about jumping back into this market?
October 02, 2013, 03:20:28 PM
Next freefall incoming?
Bid/Ask shows no signs of weakness. Bids continue to rise from a low of $7.5mill to $12.2mill; asks holding steady at 57k.
October 02, 2013, 03:19:06 PM
It just surprises me that they caught him by some random forum posts. Goes to show, it's the simple things that get people caught.
in a previous life i investigated forum posts for a company. Based on their posts, and there were several, and without access to web logs or any IP address or their email I was able to identify every single one of them. People are stupid and talk to much, use same alias everywhere. If you have the time is very easy to track people down, google is your friend
Too bad Tom Williams didn't post on any forums. Wait! Are you Tom Williams?
October 02, 2013, 03:18:19 PM
Next freefall incoming?
October 02, 2013, 03:15:57 PM
It just surprises me that they caught him by some random forum posts. Goes to show, it's the simple things that get people caught.
in a previous life i investigated forum posts for a company. Based on their posts, and there were several, and without access to web logs or any IP address or their email I was able to identify every single one of them. People are stupid and talk to much, use same alias everywhere. If you have the time is very easy to track people down, google is your friend
October 02, 2013, 03:14:34 PM
October 02, 2013, 03:13:42 PM
And if they do, you have to versus that to the harm that comes when you are prohibiting them. Crime is what causes a lot more problems.
IN TOPIC: soon next dump follows
yes, yes IN TOPIC: soon next dump follows
How low did you place your orders? 115? 110?
October 02, 2013, 03:12:46 PM
And if they do, you have to versus that to the harm that comes when you are prohibiting them. Crime is what causes a lot more problems.
IN TOPIC: soon next dump follows
yes, yes IN TOPIC: soon next dump follows
I also expect it but nothing looks alike. If not in 2-3 hours than tomorrow early morning.
October 02, 2013, 03:11:23 PM
Well, a guy that believes running a website for selling narcotics is a great career decision can't be the sharpest tool in the shed. lol
I think he did it as a public service. There are those of us out here that feel that the alteration of one's own consciousness is an inalienable right.
If drugs didn't ruin lives and create murder, crime and rape I would say you're right. But drugs does all that so yea, drugs are bad mmmkay.
Being addicted to Bitcoin can ruin your life (the need to find a crutch - an addiction to cope with some aspects of reality is what can be destructive)
SR removed the violence from the typical drug market terf war. I'm sure the typical SR user was a little more stable than the pregnant junky in the ally behind my office passed out with a needle in here arm, living off the state sponsored free drugs obtained from the safe injection site across the road.
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