Bitcoin thread anyone?

[Peternam]

where can i see the price of a bitcoin ?

 

[stevegee58]

Quote from Peternam:

where can i see the price of a bitcoin ?

MtGox

 

[Pekelo]

90% gain in the last 2 months, from 70 to $130.

In addition, my CFD broker listed it as tradable instrument, although I am not sure where they get their price...

 

[FX_Gigi]

Yes Bitcoin is a amazing digital currency and we can use it in future.

 

[Zr1Trader]

Federal Bureau of Investigation completely shuttered Silk Road and seized approximately $3.6 million in Bitcoin

Read more: http://nation.time.com/2013/10/02/a...rrested-3-6m-in-bitcoin-seized/#ixzz2ga6yB683

 

[Zr1Trader]

So the feds hold like 3 million in btc from mtgox and now about 3.6 mill from this silk road place.


Also noticed the demand for bitcoin exposure becoming greater. ETF, trusts, bitcoin funds ect.

"Bitcoin buzz grows among venture investors, despite risks"

http://www.reuters.com/article/2013/10/01/us-markets-forex-bitcoin-idUSBRE9901HA20131001

 

[Pekelo]

I never though that Dread Pirate Roberts can be so fucking dumb that he would run Silk Road from the US. That is just asking for it.

3.6 million dollars is about 26K Bitcoins. So the US government is now a big investor in the game...

More info:

http://www.reddit.com/r/Bitcoin/comments/1nl58n/silkroad_domain_states_this_hidden_site_has_been/

 

[stevegee58]

Interesting how DPR/SR was not caught by any fancy NSA decryption, botnets etc.; just good old-fashioned carelessness brought him down.

The end of SR should provide a big boost for SR competitors like Black Market Reloaded.

 

[Pekelo]

Quote from stevegee58:

The end of SR should provide a big boost for SR competitors like Black Market Reloaded.

Quite the opposite. When Kim Dotcom was arrested, a bunch of similar websites to Megaupload.com were shut down voluntarily. It is better to be safe than be the target of the US government...

Now the effect on BTC could be positive, since one of the criticism against it (it is used for illegal activities/products) is out of the list....

 

[stevegee58]

Quote from Pekelo:

Quite the opposite. When Kim Dotcom was arrested, a bunch of similar websites to Megaupload.com were shut down voluntarily. It is better to be safe than be the target of the US government...

Now the effect on BTC could be positive, since one of the criticism against it (it is used for illegal activities/products) is out of the list....

Well, we'll see. There's a big difference between sites operating in the light of day on the open internet and those operating on Tor. Shuttering a normal web site is easy physically and legally. Doing it on Tor is much more difficult.