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Author Topic: Silk Road  (Read 6171 times)
duckfeet
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June 15, 2011, 01:58:42 AM
 #21

Libertarians everywhere are smiling again...Silk Road Lives!
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loceff13
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June 15, 2011, 02:07:48 AM
 #22

Wonder how much the sites closure would hurt the bitcoin market if/when it does happen (assuming bitcoins still have value then)
Yankee (BitInstant)
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June 15, 2011, 02:48:55 AM
 #23

Wonder how much the sites closure would hurt the bitcoin market if/when it does happen (assuming bitcoins still have value then)


silk road != bitcoin

Bitcoin pioneer. An apostle of Satoshi Nakamoto. A crusader for a new, better, tech-driven society. A dreamer.

More about me: http://CharlieShrem.com
loceff13
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June 15, 2011, 02:51:32 AM
 #24

Wonder how much the sites closure would hurt the bitcoin market if/when it does happen (assuming bitcoins still have value then)


silk road != bitcoin

Ofcourse, but all of SR's transactions are via bitcoins

it's probably will still a significant portion of all buying/selling once the people speculating exit the market
EpicFail
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June 15, 2011, 03:04:24 AM
 #25

IMHO Silk Road is still playing an important role in holding up the value of BTC, at least at this time. The conversion from $ to BTC is a minor hassle for people looking to buy that kind of stuff. Unfortunately it still is a big hassle as far as buying legit merchandise from the few merchants who currently accept BTC.
exchadmin
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June 15, 2011, 05:01:01 AM
 #26

The Silk Road is not completely immune to being shut down. Hidden services on tor may be located in a couple of different ways.
For example, it's pretty likely that it's running on a tor relay, in order to give reason for all of the tor traffic (otherwise that would be suspicious to it's ISP), so you could take down relays (maybe 5seconds at a time - pretty unnoticeable), until the hidden service is no longer accessible from several locations, at which point you know that the relay you just took down was pretty close in the tor network to to the actual service, allowing you to narrow down the possibilities pretty greatly.

However, if the operator of the silk road is smart, he's paying for hosting somewhere where US authorities have little control, using Bitcoin, and only accessing the hosting over the tor network, and downloading a backup of the database to some other safe location regularly. If he's doing this, even locating the physical machine that its running on wouldn't allow them to shut the service down for more than a day or so, which is almost nothing.
oddity
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June 15, 2011, 06:55:19 AM
 #27

silk road was an eyeopener...
whole parts of the net i never knew about before
duckfeet
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June 15, 2011, 07:05:35 AM
 #28

Replacement sites are already popping up...if they can find  a way to transfer rep, also, then sellers can survive...that's the real issue to those that deal in this stuff: finding a way to stay mobile...Tor is a beginning...
Savaron
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June 15, 2011, 07:46:02 AM
 #29

Just a quick question about SilkRoad, is distribution available outside of NorthAmerica?
bittersweet
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June 15, 2011, 07:47:47 AM
 #30

Just a quick question about SilkRoad, is distribution available outside of NorthAmerica?

Depends on a trader. It's a MARKET not a shop.

My Bitcoin address: 1DjTsAYP3xR4ymcTUKNuFa5aHt42q2VgSg
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stackin' them bits


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June 15, 2011, 08:46:45 AM
 #31

Supposedly they are moving to a bigger better server and then registration will be open again. Check the Silk Road thread elsewhere on this forum.

augustwest
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June 16, 2011, 10:42:38 PM
 #32

I can't go to other forums because i'm a newbie....when does this change?
JoQuig
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June 16, 2011, 10:54:12 PM
 #33

I heard from a friend that it's been down since yesterday and still hasn't been able to access it.
JoQuig
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June 16, 2011, 11:00:19 PM
 #34

I can't go to other forums because i'm a newbie....when does this change?

"Due to a mass of trolling, only established posters are able to post in non-newbie sections. You are considered "established" if you have spent 4 hours online and have made 5 posts.

If you have really good posts, you can post a request for preemptive whitelisting in the appropriate topic.

Also, you must have made 1 post to send PMs."
supahlovah
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June 16, 2011, 11:15:45 PM
 #35

D: I can't stand this. Someone I know put their bitcoins in silkroad, but can't get them now. He's flipping because he's ready to sell them since he thinks it's about to drop big.
Krad
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June 16, 2011, 11:48:08 PM
 #36

Market seems to fluctuate with Silk road from what I've seen, I wont be surprised if we saw a little spike in price once it comes back up and the demand is there. For your friends sake I hope it comes back up before any drop.
korrowan
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June 16, 2011, 11:54:25 PM
 #37

Market seems to fluctuate with Silk road from what I've seen, I wont be surprised if we saw a little spike in price once it comes back up and the demand is there. For your friends sake I hope it comes back up before any drop.

This is why you should only store a few coins in there at a time.  The safest place for bitcoins is in your wallet. 
Jakel-s
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June 17, 2011, 12:13:33 AM
 #38

Yeah, bitcoins are probably gonna go way back up when silk road is back up again. Its gaining a lot of notoriety and bringing a lot of attention to bitcoins.
arnold1221
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June 17, 2011, 01:02:04 PM
 #39

Silk Road driven bitcoin price! Hardly the basis for a currency long term?
BiggieJohn
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June 17, 2011, 02:00:28 PM
 #40

you have got to be seriously stoopid to send drugs via US mail.

you might get away with it a few times, but once you get caught its 20 years of federal ass rape prison for you.

have fun.

PMC-1A11eCF2Rzqzy4PCrV9jabYv1fvYfmN2yc
Doge-D8KLtphcSB3qAkfjBdvceEMj9TJUiJrFd3
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