Topic: why not pump and dump those jerks? - page 3. (Read 7599 times)

I sir, am not a user of SR. But I do love liberty. The idea that users whole use bitcoin for legal purposes would agree to manipulate the market for personal gain (or even for lulz) is just silly. If anything, the average supporter of bitcoin is secretly supporting the users of SR because we know that it's the quickest way to mainstream adoption. The vast majority of 'illegal assholes' are just normal people, and every person should have the right to use their currency as they see fit.

But +1 for having a fun thread!

You are clueless about markets and the mechanics of price action.

You are speaking about the security of a site based on a screenshot you saw. Never accessed the site. Just saw a screenshot.

You fail to realize the effect these markets have on the stability of the price of bitcoin.

Also, quoted so I don't forget you and your cute little attitude of inherent moral superiority.

The big ones are using custom software for their sites. They use phpBB for their forums.

Uhhhhh no, it would be the oil company refusing to pump or sell oil for a week, driving the price up, then selling their more valuable inventory after that, ripping off everyone else.

Btw you're all raising these illegal assholes up on some pedestal like it's some super amazing syndicate.  I saw a screenshot.  I think they use phpBB3 for one of their sites, lol.  Plus, they're not quite so invincible as you're making them sound.  If the price of BTC drops to half what it is now, they get screwed along with everyone else.  So that's how that works, lol.

btw soooo many SA members here.  They better never made me a moderator or you're all gone.

They are minding their own business. You are trying to take their money because you think it would be funny. Who are the assholes again?


No, it would not work for about 1000 reasons, but most notably everyone would be looking to get out ahead of everyone else. You underestimate the number of assholes on the other side of the coin, so to speak.


Person A operates on a sohisticated underground network of anonymous trade, provides a considerable amount of value and stability to an up-and-coming digital currency, and provides access to goods and services that for reasons that may or may not apply, have been made unavailable to the general public by a general authority.

Person B posted a baseless idea on some forums in an attempt to rally others against person A in the interest of personal profit and because he probably deserves it.

One of them is dumb as rocks.


They set up all of the anonymous trade networks for the sole purpose of creating the smallest amount of chaos in their business model. Meanwhile, you are benefiting from their activities (assuming you own even 1 BTC), and attempting to use that small amount of leverage to "cause chaos", citing your obvious social/moral superiorty, intelligence, and the desire to take their money.

I'm going to have to think on this a little longer before I choose sides.

Will someone from YOSPOS please find a way to replace Desolator's ugly dog with a Cosby avatar?

http://i.imgur.com/Cvt9F.jpg

This idea reminds me of emails that do the rounds every time petrol prices spike.  It goes something like this:

1. We all refuse to buy petrol on a given week.

2. Petrol stations become desperate to sell and will dump prices.

3. We refill next week and get cheaper prices overall.

All this and the bitcoin manipulation idea misses the key fact that if there's demand in the overall market then just delaying it for a little bit won't have an effect overall.  Also you'll find people acting against the trend in their own best interests.  Bitcoin price collapsing because we refuse to buy?  I'm sure more than a few people will start buying at a price point much higher than any arbitrary set price.

And I'm pretty sure people using Silk Road also use the Internet, and know what Google is.  They can find this forum pretty easily.

You're all reading too much into this.  This isn't a mastermind plan to stop all illegal activity.  It's a simple plan to take some money from assholes because I think it'd be deserved and funny.   Ugh, you guys are no fun.  All of you and I know that if enough people with enough BTC did this, it would work.  It's not unfair manipulation of the market if we're all in on it and it certainly would work.

I don't care if some strung out, unemployed little piece of shit drug-dealing programmer like me thinks he can spy on the forums and get wind of this.  Good luck telling the other 99% of BTC users in that little group that are dumb as rocks not to buy any BTC or do any business for a week.  But whatever, you answered my question.  Nobody's going to do it so screw it.

You can all live in pretend land where everything is great.  I say if hackers and drug dealers think they can turn this into the wild west where anything goes, giddeyup, cuz they're not the only ones who like to cause chaos.

No we don,t

This forum is full of idiots. The fact that this kind of thread keeps popping up says it all.

So your assumption is that people like you and people who will listen to you make the market? I think they make 0% of the market

wuaha, just perfect

No.

No.

No?? And why should I care?

According to you they are making up a "large number of BTC transactions" - which is it?

You should stop worrying about drug dealers and work on doing a bit more reading yourself before making ridiculous posts.

what about a triangle breakout to the upside by bad people in the legal market
,thats not manipulation

can be done here, twice the value or more for your drugs or whatever you sell
in the legal markets

sky is the limit for criminals with cash in any market, brilliant

Why do people care what the BTC are used for.. Seriously? I read SR is doing 1.4m in transactions or something monthly. Do you want BTC to stay afloat? Yeah screw the 2m monthly trades of BTC, and drop the price of your BTC.

Some of those "drug-buying, burnout, ass clowns" probably follow the bitcoin market (and financial markets in general) more closely than you do. Brilliant idea though. 

1. Drug dealers probably can't read so well to begin with? The drug dealers in question were smart enough to use a computer to set up tor to log on to a site to use encrypted communications to buy and sell goods using a currency most people are just beginning to wrap their heads around. Yeah, you're right. They probably can't read.

2. You want to manipulate the market to capitalize on less educated bitcoin users. Ignoring the moral issue, and the fact that price manipulation is illegal in regulated currencies, the volatility would shake the confidence of anyone on the fence about adopting bitcoin, and hurt the "legitimate" businesses who have begun to adopt bitcoin.

3. I had a three, but I was doing drugs last night and I can't really remember what it was.   

You decide the price
YOu decide the path
they have been telling you this .....

how many need to sell and when...

What does make you think that SR people don't read or participate in this forum?

And again, current stability is good. Don't try to change it.