Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[podyx]

Amateurs, geezes fucking christ...

This is why we can't have nice things! Shit go south real quick when amateurs get dollar signs in their eyes

[Torque]

P.S. Hi SR2. Again, November. Weird.

And on top of that. The same day (6th november)! lol

SR2 not the only one.

the same time:
Hydra 14:52 – Confirmed Seized
Cloud 9 15:07 – Confirmed Seized
BlueSky 15:07
SR2 15:11 – Confirmed Seized
Pandora 15:15
Alpaca 15:18
TheHub forums 16:14

 http://www.deepdotweb.com/2014/11/06/silk-road-2-seized/

<==click

"CUT OFF ONE HEAD, AND TWO OTHERS TAKE ITS PLACE!"   

[abercrombie]

[NotLambchop]

...
"CUT OFF ONE HEAD, AND TWO OTHERS TAKE ITS PLACE!"    

Lol, playing whack-a-mole--perfect way to occupy baby feds.
*Rumors of client addy lists. Oo

[janos666]

go NSA

Good.  Good...

Haven't you heard? The Great Insect War is long over and His Shadow is also dead. The Bru-nnen G took care of them all. You were wise to choose the reptilian race. What made you reanimate these old fallen gods? Lizards eat insects. You are going backwards.


Otherwise, these Darknet markets should really improve their security measures. I might even want to use some of their services one day but I would be a fool to do so until they prove to be much more reliable than a random stranger on the corner who wears a badge in his pocket.

[NotLambchop]

go NSA

Good.  Good...

Haven't you heard? The Great Insect War is long over and His Shadow is also dead. The Bru-nnen G took care of them all. You were wise to choose the reptilian race. What made you reanimate these old fallen gods? Lizards eat insects. You are going backwards.
...

We respect Insects.  Eat only humans.



  ~Your Beneficent Reptilian Overlords.

[LFC_Bitcoin]

Why do people buy drugs online?
Seems stupid.

[JorgeStolfi]

... (Otherwise he could have pre-mined a few thousand blocks in advance, in secret, and use them later to steal other people's bitcoins.) ...

hhmmm? and how on Earth would he do that ?

He posts the genesis block of the secret chain, without the headline, mines a million bitcoins, and spends them all to buy a pizza and a coke.  The pizza parlor waits, say, six confirmations before delivering the pizza.  At that time the chain is N blocks long.  Then he posts the first N+1 blocks of the secret blockchain, according to which his million coins were not paid to the parlor, but just moved to another address of his own.  This chain is adopted by the network, since it is one block longer than the legitimate one.  Now he has a pizza and a coke, and still has all of his million bitcoins; whereas the parlor's address is now  empty.

That is an altcoin.

No: if it starts with the same genesis block, and is longer, that blockchain is bitcoin, by definition; and the blocks in the other (legitimate) branch are orphan blocks, ignored.

And even if you were right, the earthlings community would figure a way around this problem if it would pop up.

I was explaining why there is a newspaper quote in the genesis block.  It was put there precisely to prevent this problem -- to prove to everybody that no one could have been pre-mining a secret chain before the genesis block was posted.

[bassclef]

P.S. Hi SR2. Again, November. Weird.

And on top of that. The same day (6th november)! lol

Truth is stranger than fiction.

[elasticband]

wonder how many coins they will be getting with a few markets been seized

[oda.krell]

It's not the buying of drugs online that puzzles me. Seems to beat the alternative of having to deal with potentially hazardous interactions with drug dealers on the street.

What escapes me is how they solve the problem of having to provide a shipping address at some point. That seems like the real weak point to me, as a buyer. (Yes, I know, PO boxes exist, but to my knowledge, renting one usually requires some form of ID).

Anyone knows how the actual customers solve this dilemma? Hoping they stay below the threshold for being targeted by LE?

[ChartBuddy]

Explanation

[justusranvier]

It's not the buying of drugs online that puzzles me. Seems to beat the alternative of having to deal with potentially hazardous interactions with drug dealers on the street.

What escapes me is how they solve the problem of having to provide a shipping address at some point. That seems like the real weak point to me, as a buyer. (Yes, I know, PO boxes exist, but to my knowledge, renting one usually requires some form of ID).

Anyone knows how the actual customers solve this dilemma? Hoping they stay below the threshold for being targeted by LE?

It's generally less profitable for LE to go after the buyers as opposed to the sellers, so the buyers worry less than the sellers.

[Erdogan]

I am off to India!    I might have some Wifi while there so I can check in perhaps.  At least Emirites has free Wifi for the flight.

Don't miss me too much! 

Good luck. Tell them about bitcoin!

[rebuilder]

It's not the buying of drugs online that puzzles me. Seems to beat the alternative of having to deal with potentially hazardous interactions with drug dealers on the street.

What escapes me is how they solve the problem of having to provide a shipping address at some point. That seems like the real weak point to me, as a buyer. (Yes, I know, PO boxes exist, but to my knowledge, renting one usually requires some form of ID).

Anyone knows how the actual customers solve this dilemma? Hoping they stay below the threshold for being targeted by LE?

Is someone sending you a package sufficient proof you ordered said package to base a prosecution on?

[esse83]

Anyone knows how the actual customers solve this dilemma? Hoping they stay below the threshold for being targeted by LE?

There is nothing to solve, if the package is stopped you can simply deny having ordered it. Case dropped.

[Wandererfromthenorth]

It's not the buying of drugs online that puzzles me. Seems to beat the alternative of having to deal with potentially hazardous interactions with drug dealers on the street.

What escapes me is how they solve the problem of having to provide a shipping address at some point. That seems like the real weak point to me, as a buyer. (Yes, I know, PO boxes exist, but to my knowledge, renting one usually requires some form of ID).

Anyone knows how the actual customers solve this dilemma? Hoping they stay below the threshold for being targeted by LE?

The real life address was PGP encrypted only the vendor could see it.

[Erdogan]

... (Otherwise he could have pre-mined a few thousand blocks in advance, in secret, and use them later to steal other people's bitcoins.) ...

hhmmm? and how on Earth would he do that ?

He posts the genesis block of the secret chain, without the headline, mines a million bitcoins, and spends them all to buy a pizza and a coke.  The pizza parlor waits, say, six confirmations before delivering the pizza.  At that time the chain is N blocks long.  Then he posts the first N+1 blocks of the secret blockchain, according to which his million coins were not paid to the parlor, but just moved to another address of his own.  This chain is adopted by the network, since it is one block longer than the legitimate one.  Now he has a pizza and a coke, and still has all of his million bitcoins; whereas the parlor's address is now  empty.

That is an altcoin.

No: if it starts with the same genesis block, and is longer, that blockchain is bitcoin, by definition; and the blocks in the other (legitimate) branch are orphan blocks, ignored.

[...]

Correction: That is an orphaned chain.

[NotLambchop]

Anyone knows how the actual customers solve this dilemma? Hoping they stay below the threshold for being targeted by LE?

There is nothing to solve, if the package is stopped you can simply deny having ordered it. Case dropped.

Lol, you have absolutely no clue how this works IRL, amirite?

[octaft]

It's not the buying of drugs online that puzzles me. Seems to beat the alternative of having to deal with potentially hazardous interactions with drug dealers on the street.

What escapes me is how they solve the problem of having to provide a shipping address at some point. That seems like the real weak point to me, as a buyer. (Yes, I know, PO boxes exist, but to my knowledge, renting one usually requires some form of ID).

Anyone knows how the actual customers solve this dilemma? Hoping they stay below the threshold for being targeted by LE?

Is someone sending you a package sufficient proof you ordered said package to base a prosecution on?

An undercover delivers it to your house, has you sign for it, then they bust you in a couple days and use the fact that you opened the package without calling the police against you. Usually they do that only for sizes that show an intent to distribute. Small amounts obviously intended for consumption are just confiscated and a nice letter saying they found contraband in your package and removed it is sent to you.