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581  Bitcoin / Press / [2014-02-04] BBC.co.uk - Silk Road 'mastermind' Ross William Ulbricht charged on: February 05, 2014, 03:00:33 AM
http://www.bbc.co.uk/news/world-us-canada-26037129

The US has charged a California man alleged to be the owner of Silk Road, a black-market website that brokered $1bn (£613m) in transactions.

Ross William Ulbricht, 29, is accused of drug trafficking, computer hacking and money laundering.

Prosecutors allege he deliberately operated the site as a criminal enterprise and solicited six murders-for-hire.

Mr Ulbricht's lawyer says his client will plead not guilty to all charges.

"The indictment was expected and does not contain any new factual allegations," Joshua Dratel said in a statement. "We look forward to preparing Ross' defence."

Authorities say Mr Ulbricht operated the Silk Road site under the name Dread Pirate Roberts, an apparent reference to the movie The Princess Bride. Purchases were made using the virtual currency Bitcoin.

He was arrested last year as the site was shut down by the FBI. Officials seized 173,991 Bitcoins ($150m) as part of the investigation.

Mr Ulbricht has filed a claim contesting the seizure of the Bitcoins, asserting that they were found on his personal computer and belong to him rather than Silk Road.

He is also accused of conspiring to have a former Silk Road employee murdered during the course of a federal sting operation.

That murder-for-hire, along with the others, was never carried out.

Silk Road allowed visitors to browse nearly 13,000 listings, many of them for illegal drugs, but also offered forged documents, computer hacking services and pirated media content, prosecutors said.
582  Bitcoin / Bitcoin Discussion / Re: WARNING: PAYPAL STARTED MASSIVE ACCOUNT BAN ON ANYTHING BITCOIN RELATED on: February 04, 2014, 05:12:51 PM
Hmm, wanted to sell my miners.

I guess it doesn't need the word 'Bitcoin' in there really.
583  Bitcoin / Mining software (miners) / Re: CGminer v3.8.5 on Broadcom based DD-WRT / OpenWRT on: February 04, 2014, 11:51:28 AM
P_Shep,

Can you compile a newer version with the -scrypt option?  It is not available in the builds I've tested.

Thanks

Errr.. Scrypt requires a GPU. You've seen many routers with a GPU?

Also, The newer version don't even have that anymore, CK removed quite some versions ago.
584  Economy / Speculation / Re: Have any of you prepared "Victory Speeches" yet for when Bitcoin goes $10k+ on: January 30, 2014, 04:26:39 PM
"Fuck you, fuck you, fuck you. You're cool. And fuck you, I'm out."

something close to this.
585  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 30, 2014, 04:22:14 PM
PANIC BUY!!!!1
586  Bitcoin / Press / [2014-01-28] BBC.co.uk - US Bitcoin hearings: Regulator tackles virtual currency on: January 29, 2014, 09:50:15 PM
Missed this yesterday:

http://www.bbc.co.uk/news/business-25924643

Quote
New York's Department of Financial Services is to start two days of hearings on the virtual currency, Bitcoin, on Tuesday.
This comes just a day after authorities charged two men in connection with money laundering using, Bitcoin exchanges.
The hearings are more fact-finding in nature, but if New York clears the way for Bitcoin to enter more widespread use, it could be a game-changing moment for digital currencies.
Samira Hussain reports from New York.
587  Economy / Speculation / Re: BITCOIN IS CRASHING TO SINGLE DIGITS on: January 29, 2014, 09:38:07 PM
A PROFESSOR OF FINANCE AT THE CURRENT NY HEARINGS JUST MENTIONED THAT BITCOIN WILL FALL TO SINGLE DIGITS BY JUNE OF THIS YEAR!

The other Professor of economics said it'd go to $10,000.

Let's split the difference...
588  Economy / Speculation / Re: NY Hearings - lets live blog this puppy : - ) on: January 29, 2014, 09:04:18 PM
girl on the left...would you?

Yes.
589  Economy / Speculation / Re: NY Hearings - lets live blog this puppy : - ) on: January 29, 2014, 09:03:56 PM
Love his 'WTF is this guy talking about' expression and shake of his head Smiley
590  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 29, 2014, 08:52:04 PM
$10,000 Bitcoins, you heard it here first!  Cool

Go make a new thread! An Economist just said that bitcoins are going to $10,000!
591  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 29, 2014, 08:43:49 PM
MasterCharge? This dude is a dinosaur.

Noticed that too. Think he said it twice... Freudian slip?
592  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 29, 2014, 08:26:56 PM
VOLATILITY!!!!11
593  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 29, 2014, 08:00:17 PM
Ripple ripple ripple...
594  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 29, 2014, 07:42:34 PM
We don't care about ripple. They're not asking about ripple. Shut the fuck up.
595  Economy / Speculation / Re: I AM HODLING on: January 29, 2014, 07:23:17 PM
Dear HODLFATHER

I have duly donated 0.1BTC to 10 of my uninitiated friends.
I pray that they HODL and are not led into temptation to SPEDN or SHOTR.
596  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 29, 2014, 05:09:59 PM
Dig a bitstamp there.
597  Economy / Speculation / Re: NY Hearings - lets live blog this puppy : - ) on: January 29, 2014, 04:11:05 PM
receeding hairline dude is clearly very paranoid about miners ....

Christ, isn't he just! It's all he talks about!

If the US government wanted to make sure the miners couldn't do what they wanted, they could simply set up a mining operation of, say 25% of the network. Job done.
598  Economy / Speculation / Re: I AM HODLING on: January 29, 2014, 01:49:42 PM
Forgive me HODLFATHER for I have sinned.

During the Bitinstant debacle I SHOTRED and made 2.5 bitcoins.
599  Economy / Speculation / Re: NY Hearings - lets live blog this puppy : - ) on: January 28, 2014, 09:42:36 PM
600  Economy / Speculation / Re: NY Hearings - lets live blog this puppy : - ) on: January 28, 2014, 09:29:38 PM

WON'T SOMEONE THINK OF THE POOR BANKS?!
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