Bitcoin Forum

Economy => Speculation => Topic started by: Spekulatius on May 01, 2013, 06:56:02 PM



Title: How many BTC will SR users dump on the market?
Post by: Spekulatius on May 01, 2013, 06:56:02 PM
edit: from DPR
Quote
UPDATE (05/01/2013 0238 UTC): Silk Road is open and accessible. As soon as the attacker finds out, he will likely change his tactics and try to take the site down again. Hopefully he won't be able to, but time will tell.

http://www.reddit.com/r/SilkRoad/comments/1dgh2c/sr_back_up/

Any estimates?
Where is that address of that SR mixing wallet that some (including me;) ) thought to belong to Pirateat40? How much were in there again, 500k BTC?

-edit- found it:
https://bitcointalk.org/index.php?topic=94675.0


Title: Re: How many BTC will SR users dump on the market?
Post by: Spekulatius on May 01, 2013, 07:32:56 PM
edit:
the former 500k BTC Silk Road mixing wallet:
https://blockchain.info/address/1DkyBEKt5S2GDtv7aQw6rQepAvnsRyHoYM
https://bitcointalk.org/index.php?topic=94675.0


Title: Re: How many BTC will SR users dump on the market?
Post by: zoinky on May 01, 2013, 07:38:36 PM
Well with alternatives like Atlantis popping up, I think the more intelligent people will hold and try to figure out what is going on.  We will probably see some sort of dip as people start logging in and getting their coins out though.


Title: Re: How many BTC will SR users dump on the market?
Post by: lebing on May 01, 2013, 07:40:04 PM
Well with alternatives like Atlantis popping up, I think the more intelligent people will hold and try to figure out what is going on.  We will probably see some sort of dip as people start logging in and getting their coins out though.

Atlantis o.0

What did I miss?


Title: Re: How many BTC will SR users dump on the market?
Post by: zoinky on May 01, 2013, 07:40:54 PM
Well with alternatives like Atlantis popping up, I think the more intelligent people will hold and try to figure out what is going on.  We will probably see some sort of dip as people start logging in and getting their coins out though.

Atlantis o.0

What did I miss?

Supposedly theres a new site... typical Bootstrap layout... accepts Bitcoin and Litecoin.


Title: Re: How many BTC will SR users dump on the market?
Post by: glendall on May 01, 2013, 07:41:52 PM
I doubt there will be a huge dump-off.  

Many likely think SR will be back up soon.

Many likely just have bought a few BTC to get some drugs, and aren't as into trading it around as much as most of us here on the board are, leading them to be less likely to want to go through the hassle.

Many people on SR with BTC in their accounts are also not likely to know just yet; I would assume they would not check their accounts on a regular basis.





Title: Re: How many BTC will SR users dump on the market?
Post by: lebing on May 01, 2013, 07:45:56 PM
Well with alternatives like Atlantis popping up, I think the more intelligent people will hold and try to figure out what is going on.  We will probably see some sort of dip as people start logging in and getting their coins out though.

Atlantis o.0

What did I miss?

Supposedly theres a new site... typical Bootstrap layout... accepts Bitcoin and Litecoin.

Thats still on TOR though obviously and apparently the DDOS was on TOR not on silkroad itself?


Title: Re: How many BTC will SR users dump on the market?
Post by: bitcon on May 01, 2013, 08:42:58 PM
Well with alternatives like Atlantis popping up, I think the more intelligent people will hold and try to figure out what is going on.  We will probably see some sort of dip as people start logging in and getting their coins out though.

Atlantis o.0

What did I miss?

Supposedly theres a new site... typical Bootstrap layout... accepts Bitcoin and Litecoin.

Thats still on TOR though obviously and apparently the DDOS was on TOR not on silkroad itself?

Atlantis is up.


Title: Re: How many BTC will SR users dump on the market?
Post by: meangreen on May 01, 2013, 09:12:01 PM
I doubt there will be a huge dump-off.  

Many likely think SR will be back up soon.

Many likely just have bought a few BTC to get some drugs, and aren't as into trading it around as much as most of us here on the board are, leading them to be less likely to want to go through the hassle.

Many people on SR with BTC in their accounts are also not likely to know just yet; I would assume they would not check their accounts on a regular basis.





LOL you are wrong on everyone of your points. idiot!


Title: Re: How many BTC will SR users dump on the market?
Post by: bitcon on May 01, 2013, 11:19:44 PM
I doubt there will be a huge dump-off.  

Many likely think SR will be back up soon.

Many likely just have bought a few BTC to get some drugs, and aren't as into trading it around as much as most of us here on the board are, leading them to be less likely to want to go through the hassle.

Many people on SR with BTC in their accounts are also not likely to know just yet; I would assume they would not check their accounts on a regular basis.





LOL you are wrong on everyone of your points. idiot!

that's like the pot calling the kettle black, LOL!


Title: Re: How many BTC will SR users dump on the market?
Post by: meangreen on May 01, 2013, 11:47:12 PM
I doubt there will be a huge dump-off.  

Many likely think SR will be back up soon.

Many likely just have bought a few BTC to get some drugs, and aren't as into trading it around as much as most of us here on the board are, leading them to be less likely to want to go through the hassle.

Many people on SR with BTC in their accounts are also not likely to know just yet; I would assume they would not check their accounts on a regular basis.





LOL you are wrong on everyone of your points. idiot!

that's like the pot calling the kettle black, LOL!

1. price came down at one point $30
2. silk road came up today
3. people that have coins couldnt use them on silk road to "buy their drugs"
4. vendors check the accounts everyday, and it even show that they have checked on their vendor page(that is when SR is up and working)

there I spelled out how wrong you are retard!


Title: Re: How many BTC will SR users dump on the market?
Post by: bitcon on May 01, 2013, 11:55:35 PM
I doubt there will be a huge dump-off.  

Many likely think SR will be back up soon.

Many likely just have bought a few BTC to get some drugs, and aren't as into trading it around as much as most of us here on the board are, leading them to be less likely to want to go through the hassle.

Many people on SR with BTC in their accounts are also not likely to know just yet; I would assume they would not check their accounts on a regular basis.





LOL you are wrong on everyone of your points. idiot!

that's like the pot calling the kettle black, LOL!

1. price came down at one point $30
2. silk road came up today
3. people that have coins couldnt use them on silk road to "buy their drugs"
4. vendors check the accounts everyday, and it even show that they have checked on their vendor page(that is when SR is up and working)

there I spelled out how wrong you are retard!


listen fuckface,  i've been here since you were in diapers. by they way you talk down to everyone, it sounds like you still are. i know how SR operates, and i've been around long enough to know that the Status of SR's uptime or downtime has nothing to do with the value of Bitcoin. you think you've got it all figured out though, lay off the glass dick, its making you delusional.


Title: Re: How many BTC will SR users dump on the market?
Post by: eclipse81 on May 02, 2013, 02:04:12 AM
I am in no way doubting your knowledge of the bitcoin economy as I have read a number of your posts and you seem very knowledgeable.Normally SR downtime and uptime has negligible effect on BTC price,however the extended downtime has caused a lot of panic among some vendors and when SR came up they cashed out hard.This seems to be supported by timelines and transactions from certain addresses.I am not saying it is solely SR but it seems more then just circumstantial .Meangreen is a fairly moronic troll with a SR centric view of the bitcoin world that is really skewed,but in this instance a lot of people seem to agree that SR has been a large factor in THIS price movement.I think  Meangreen is just bored these last few weeks and has decided trolling would be a fun way to pass time and maybe spread some FUD to help his cause.

Lets not feed the TROLL to much