Btw what ever happened to all the bitcoins that the FBI seized from silk road? I think I remember it was the 2nd highest amount someone has, in the case the FBI.

No, it starts counting once you've posted the payout wallet and what post you started on.

You've only traded with 4 different people on LBC, which is hardly any reputation to be asking for a paypal payment.

I'd be willing to do this trade as well, but NOT with paypal, given your history.

^ did you bother reading anything besides the headline?

No government can completely control bitcoin, however they can heavily influence it. Just look at China. Even a single announcement from their bank, causes panic and price dropping a good margin. The US government is also holding the second largest amount of btc from the silk road bust I believe. If they want to directly crash the price, they can dump it into the market at any moment.

Payment just sent to smoothie for our group buy, paid in LTC.

http://block-explorer.com/address/LMgrB6LNc7TSry8nswsoSsnX4TpRRnUuV4

How to lose $50k:


Price actually ends up plummeting.

I'm about to use localbitcoins right now. Is this problem something that just happened?

OP, if you had your phone on you to send SMS release code, then you could also use the browser on your phone to log in your localbitcoin account to manually release the btc. Am I missing something here? This glitch sounds pretty alarming.

Wait, I think you two are describing different problems. brokjen420, you got btc stolen because you installed a trojan. But OP is describing a problem where there is a lag in the localbitcoin system.

When was the new rates posted? I think I saw it before the payout, but when I finally got around to check if payout was correct, I think we all got the old pay rate.

Wow 10% escrow is a bit much. Some escrow for free, or a service fee of 1%.

I would worry about btc-e more than bitstamp. Unlike bitstamp, btc-e is in Russia, ran by anonymous guys. They're lacking transparency.

Nice! I didn't think such a keyboard enthusiast would also be so involved in crypto. If you're hardcore, you'd also have some of them custom Korean keyboards  .

Do you also have an account on geekhack?

Are you serious? Do you really want to pay property tax and document everything when you make transactions in btc? You want the gov to freely categorize bitcoin into anything they please, when they should have no right to do so in the first place?

Every world government deems bitcoin as something different. Most don't even know what to call it yet. The most absurd is the US government calling it property like a house.

So what happens when you gamble and lose the lender's money?

Man, I must admit, you got me at first. I took your word at first and congratulated you, then I started looking for your tx because $100k is just too much to believe. Scrolled that address a few times, couldn't find the tx, but gave up out of laziness because I didn't want to go through 700+ tx from that address.

Well played sir.

If true, then congrats man. Now maybe you can leak all the classified info they have.

What's your real motive for joining? I'm sure it's gotta be something else other than getting rid of Brock Pierce.

So... what I was afraid would happen, did actually happen. He basically ran, and it's been a few days since any real communication. If he doesn't respond by tomorrow morning, I'm going to post everything, including screenshots.

I lost out on 2btc 

You mean how to easily put money in YOUR pocket from all the referrals? All you basically described was buying cloud mining shares, and cashing out the proceeds.

That was a mighty long post with a lot of links. Too bad a mod took out all your referral links.