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Thread: Bitcoin: authorities shut down Silk Road online marketplace

  1. #1
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    Bitcoin: authorities shut down Silk Road online marketplace

    "Don't confront me with my failures, I had not forgotten them" - Jackson Browne

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  2. #2
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    Re: Bitcoin: authorities shut down Silk Road online marketplace

    It'll settle down pretty quick once people stop freaking out and realize bitcoins aren't what got him caught.


  3. #3
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    Re: Bitcoin: authorities shut down Silk Road online marketplace

    But it's like stepping on a turd... The stank is now attached.

    "Stepped in what?!"
    "Don't confront me with my failures, I had not forgotten them" - Jackson Browne

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    Re: Bitcoin: authorities shut down Silk Road online marketplace

    What do you think will happen to all his bitcoins now that he is in jail or do you think they will let him access them via computer from his jail area?

    RETIRED. NO JOB. NO MONEY. NO WORRIES!

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  5. #5
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    Re: Bitcoin: authorities shut down Silk Road online marketplace

    The article states they were confiscated... Regardless of who "owned" them... Talk about Illegal-search-and-seizure...

  6. #6
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    Re: Bitcoin: authorities shut down Silk Road online marketplace

    CoinX Bitcoin Exchange

    The CoinX platform utilizes the same hosting facility and corresponding security protocols as the New York Stock Exchange. It is registered with the U.S. Treasury Department’s Financial Crimes Enforcement Network and is fully compliant in the jurisdictions that it trades.
    Maybe this will help the image.


  7. #7
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    Re: Bitcoin: authorities shut down Silk Road online marketplace

    Thanks to my new $30 ASIC miner, I now own a grand total of 0.02 BTC. I think that's worth about $2 currently.
    6r39 7r199



  8. #8
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    Re: Bitcoin: authorities shut down Silk Road online marketplace



  9. #9
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    Re: Bitcoin: authorities shut down Silk Road online marketplace

    Does anyone here do any hardcore mining? I'm curious about those little USB ASICs, but I think it would be cool to have a machine on this. Seems ATI friendly.

  10. #10
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    Re: Bitcoin: authorities shut down Silk Road online marketplace

    Quote Originally Posted by cineon_lut View Post
    Does anyone here do any hardcore mining? I'm curious about those little USB ASICs, but I think it would be cool to have a machine on this. Seems ATI friendly.
    It's highly recommended not to use a regular GPU for mining. The amount you'll pay for electricity exceeds your mining return by several fold. It's pure loss. ASICs are the way to go.

    Edit: and here's another advancement for Bitcoins: http://www.cbc.ca/news/business/worl...sday-1.2251820
    Last edited by John P. Myers; 10-29-13 at 07:28 PM.


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