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Probably easier to just buy the Bitcoins if you need them.
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At first, who said that money is still there?
The block chain? lol money in a wallet, not chain lol And also, good luck to get money back if it is already converted lol Bitcoins are technically just stored in the blockchain ledger. Your wallet holds the private key(s) giving you the power to amend the ledger. |
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-100 for quoting O'Reilly. World Health Organisation: Global Deaths: Tobacco 5.1 million Alcohol 2.25 million Illegal Drugs 250,000 Thankyou. Someone that agrees it's not victimless then. Now we are getting somewhere. |
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Also, a variety of studies say that up to 70 percent of all child abuse and neglect cases are caused by parents who are involved with drugs.
Which studies? How were they conducted? "up to 70 percent" leaves a lot of room of manipulation No idea. Maybe ask the website owner. Let us know how you get on. |
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I think the coins should be stolen, but that it should be done using the good'ol method of simply stealing the private keys for that wallet. That may involve some more difficult work of actually hacking FBI's computers to find out where their keys are stored at. Miners and futzing with the blockchain should definitely be left out of it.
You can be sure the key is stored offline. |
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Some Silk Road users sold perfectly legal items, like art and books. I wonder if any of the legitimate users will be asking the FBI for their coins back?
They could have used more legal sites, such as Bitmit, or the forum Marketplace. No. No. Legal means legal. If I sell a hot dog on the same corner as a drug dealer, are my profits subject to confiscation? But if you sold them at an illegal dog fight pit they might be. No. SR was not an "illegal place". Something illegal has been done there, but the website itself was not illegal. If someone is selling a stolen good on ebay, will everything sold there be illegal too? Of course not. They seized all the bitcoins they've found in the accounts, but I'm pretty sure that those belonging to (the few) people selling legal stuff there, could be (legally) returned back to the legit owner once the case is closed. Have any of these legit users approached the authority holding the coins in question? |
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Cant we just make it unspendable?
Like making any transaction from that address not confirm.
Just completely take those Bitcoins out of circulation. This stops LEO from using that bitcoin in sting operations.
Problem is where does it all end? Next week it will be some other coins. |
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People who own themselves should be able to decide what they put inside themselves.
True. But the problem with drugs is that it affects all the people around the user, their family and friends. It's a very selfish habit. I hate it. |
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By the way, the feds did set up their own bitcoin address and moved the SR funds into there. They were apparently able to do that because they imaged the server and the coins were in hot wallet. They don't seem to have DPR's probably-gigantic cold wallet, and if he hid it well enough they never will.
Guess it depends on how eager DPR is to cut a deal. Holding onto the proceeds of an illegal criminal enterprise, if they can prove it (which I don't know if they can) is the kind of thing that moves your sentence toward the maximum end of the sentencing range. Considering that's life without parole in this case, he might have some incentive to deal. Just think, when he's inside all the other convicts will know he has a secret stash worth millions. Oh, dear.  |
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How efficient and dependable is Tormail? I just have that weird feeling that it would be stupid to use Gmail for doing or talking about doing Silk Road-tier things. But maybe Tormail is an unnecessary hassle. What do?  |
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Should miners collude to steal funds from wallet confiscated by US government?
How would miners obtain the ECDSA private key to this address then? Please explain. |
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Bitcoin difficulty just hit 189,281,249, everyone please stop buying any more miner so I can break-even from my current one!!!
Mining is designed to protect the network, not make you profit. |
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Thing is that the technology driving Silk Road did not even burp from what I understand. Where one dies, two more shall rise to take its place. I have no doubts many will spring up, learning from this guys mistakes.
But the server running the site has to 100% locked down from revealing it's owner/location. 100% not 99.9999%. Because one microscopic slipup and that persons life is over. The stakes are high indeed, but so are the profits. |
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Well Bitcointalk has been down for a few days, but I kept myself amused by reading all the angry butthurt drug junkie blockchain.info messages who lost all their coins. See, when mummy and daddy told you not to take drugs you should of listened. Anyway I'll get the FBI phone number if you like, so you can call and get your coins back. In fairness, some non-druggies were using the opportunity to voice their opinions, I'm not talking about those. |
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siriously look at the price sharp decline in price sell sell sell. we will see bitcoins go to sub 100 so sell high sell while you can sill get some money out of them. they will be a baren at 80 in one week. sell now you have been warned.
Oh really. *yawn* Nice weather we are having for this time of year. |
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Just don't use Gox at all. Personally, I would recommend that you store your BTC in an offline wallet or in a very secure online wallet (blockchain.info, inputs.io, etc.) and then only transfer to exchanges for a short period of time when you are actually ready to exchange them.
Online wallets are not safe, period. Offline wallets on a USB with armory and other shit also ain't safe, nothing is safe, this is the internet. Offline wallets are very very safe, if done correctly. |
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Have sucessfully used pool-method and managed to generate som 0.00000123 BTC from this.
Seems your hashrate is so low (CPU ?) you will not mine enought BTC at pool to be able to withdraw, so solo mining might be the best choice - or not mining at all  You're not going to get anywhere. http://www.bitcoinx.com/profit/What do you mean, there is very small chance of finding a block solo mining with such small hashrate, I know it Hash for hash, you have the same chance of finding a block as anybody else. Hash for hash? Sure. The problem is when everybody else is generating a billion hashes for every hash that you generate. Since they are generating 144 blocks per day, that means that you have the same chance to generate 144 blocks every billion days (or 1 block every 7 million days). Well there is that little problem I didn't mention. |
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