ElectricMucus
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Marketing manager - GO MP
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November 13, 2012, 08:05:20 PM |
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i think you guys are overestimating silk road's temporary maintenance effect on BTC price. druggies will still buy drugs when it comes back
Nobody talks about maintenance, it's about the possibility of it being gone for good. Remember: In any cases where something blew up here it was stalling for a while before it became generally accepted. Also see my sig v |
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RodeoX
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The revolution will be monetized!
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November 13, 2012, 08:29:09 PM |
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I predict that the price of my bitcoins will be unaffected by SR.
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ElectricMucus
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November 13, 2012, 08:36:31 PM |
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I predict that the price of my bitcoins will be unaffected by SR.
Then you are the sucker. |
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MoonShadow
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November 13, 2012, 08:39:06 PM |
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I predict that the price of my bitcoins will be unaffected by SR.
Then you are the sucker. I think you are the sucker. I have evidence that SR isn't down. I have no intention of presenting said evidence, or even describing it's nature; but I suggest you check your Tor instance. |
"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."
- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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RodeoX
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Activity: 3066
Merit: 1145
The revolution will be monetized!
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November 13, 2012, 08:39:27 PM |
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I predict that the price of my bitcoins will be unaffected by SR.
Then you are the sucker. Oh, how so. I have made my profits already. My remaining coins are $100 each. Take it or leave it.  |
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MoonShadow
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November 13, 2012, 08:41:05 PM |
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I predict that the price of my bitcoins will be unaffected by SR.
Then you are the sucker. Oh, how so. I have made my profits already. My remaining coins are $100 each. Take it or leave it. YEah, I've long been in the same place. It's impossible for me to have lost any spending power overall, even if BTC goes to zero. |
"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."
- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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ElectricMucus
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November 13, 2012, 08:43:36 PM |
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Then it's you against the rest of the world again, been there done that.
This reminds me: I really ought to create a thread about this Bitcoinism thing. It's getting rampant on the forums again.
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adamstgBit
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Trusted Bitcoiner
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November 13, 2012, 10:31:07 PM |
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Then it's you against the rest of the world again, been there done that.
This reminds me: I really ought to create a thread about this Bitcoinism thing. It's getting rampant on the forums again.
please do. i do not know what Bitcoinism is |
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davout
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1davout
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November 13, 2012, 10:42:04 PM |
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Bitcoin is like a variation of Schrödinger's Cat. Everything about it is both scam and fully legit at the same time until you open the box. lol'd |
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MysteryMiner
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Activity: 1470
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Show middle finger to system and then destroy it!
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November 13, 2012, 11:48:46 PM |
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SR got problems with heavy load in past. Don't worry it is too profitable for operators to be abandoned!
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bc1q59y5jp2rrwgxuekc8kjk6s8k2es73uawprre4j
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GeoRW
Sr. Member
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Activity: 350
Merit: 257
Trust No One
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November 14, 2012, 06:49:47 AM |
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SR volume is a tiny fraction of Bitcoin economy. There are convincing estimates based on the academic study of SR published about four months ago.
I call bullshit on that. If you were writing the truth you'd cite that study in detail. But you didn't. Two million per month. http://arxiv.org/pdf/1207.7139v1.pdfThat, and welcome to my "ignore" list. Doesn't look like SR volume is a tiny fraction of bitcoin economy  |
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molecular
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November 14, 2012, 06:57:57 AM |
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DoS attacks are really easy against Tor hidden services. The service can't block the attacker because all clients are anonymous. Tor hidden service introduction points can sometimes also be DoS-attacked. I wouldn't use Tor to run a site like this.
Theymos You shocked me! Where You will host Silk Road if not Tor for it to not be found and taken down? Freenet, I2P? The .onion server cannot block the anonymous traffic, but also the attackers cannot utilize several orders of magnitude superior bandwidth because they are forced to use Tor and nodes have varying speeds. They can set up own nodes and force Tor to connect though them but even then only the guard nodes will be DDoSed. With clearnet server also the blocking helps only partially. With powerful enough botnet the upstream links will fail. If someone set us up the botnet, we are on our way to destruction If botnet was used to setup tor nodes. How many would be necessary to locate silkroad server? Is that possible? |
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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molecular
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November 14, 2012, 07:01:36 AM |
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I predict that the price of my bitcoins will be unaffected by SR.
Then you are the sucker. I think you are the sucker. I have evidence that SR isn't down. I have no intention of presenting said evidence, or even describing it's nature; but I suggest you check your Tor instance. It's not down, it's in maintenance mode. |
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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ElectricMucus
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November 14, 2012, 07:14:21 AM |
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I know.
Nevertheless... I stand corrected.
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molecular
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November 14, 2012, 08:37:48 AM |
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I know.
Nevertheless... I stand corrected.
ok. and what's bitcoinism? |
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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mike.wolf
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November 14, 2012, 09:17:13 AM |
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I think something among the line that BTC transactions can be either scams or not. Like Schrödinger's cat being either dead or alive, you can't really tell unless you open the box.
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molecular
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November 14, 2012, 08:24:56 PM |
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I think something among the line that BTC transactions can be either scams or not. Like Schrödinger's cat being either dead or alive, you can't really tell unless you open the box.
You mean like in ElectricMucus' signature? |
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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BCB
CTG
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BCJ
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November 14, 2012, 08:46:08 PM |
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How long before the price tanks sharply because Silk Road is down?
Demand for small transactions are down both here and on OTC - probably because of SR.
There has also been very little movement in the price (despite Kentroller's minor pump and dump efforts on Monday.)
What there has been is a significant amount of off-marketing buying.
(Why is TC always out of coin??).
We'll see big price movements soon.
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molecular
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November 14, 2012, 10:43:12 PM |
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How long before the price tanks sharply because Silk Road is down?
Demand for small transactions are down both here and on OTC - probably because of SR.
There has also been very little movement in the price (despite Kentroller's minor pump and dump efforts on Monday.)
What there has been is a significant amount of off-marketing buying.
how do you know there is significant off-market buying? We'll see big price movements soon.
The direction is relevant ;>. I agree there will be volatility not seen for a long time and I've stated I believe the upside will win. |
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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BCB
CTG
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BCJ
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November 14, 2012, 10:53:17 PM |
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I'm long.
Tangible Cryptology can't seem to keep coin in stock. You could probably do the math based on his thread updates. If I had to guess he's easily moving up to 10K BTC/week by now.
Other signals here on the boards and IRC that indicate a lot of large private buying is going on.
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