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Author Topic: Silkroad closed down. Owner Arrested.  (Read 9641 times)
MAbtc
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October 02, 2013, 04:57:40 PM
 #21

This is crippling considering a bitcoin economy hardly exists. I wonder what happens / happened to the coins.
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October 02, 2013, 04:58:24 PM
 #22

Bitcoin is much bigger than SR, in the long run this will be a good thing!
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October 02, 2013, 05:00:38 PM
 #23

I know this is more to alt-coin forums, but since we're talking Silkroad, I know there's a Litecoin equivalent.  And if it stay up, then I think a lot of people, drug addict, etc. will switch to it.  I see LTC rise coming in!

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October 02, 2013, 05:01:03 PM
 #24

http://www.youtube.com/watch?v=3D16fm5NgsA

He was selling his truck haha.


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October 02, 2013, 05:01:31 PM
 #25

Bitcoin is much bigger than SR, in the long run this will be a good thing!

Not really. Most (all) of the sites that accept bitcoin directly, or through a payment processor, look like bodega shops.
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October 02, 2013, 05:02:42 PM
 #26

Bitcoin is much bigger than SR, in the long run this will be a good thing!

Not really. Most (all) of the sites that accept bitcoin directly, or through a payment processor, look like bodega shops.

Pretty much this.  Grin

Damn, BTC-E just hit 110.  Shocked
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October 02, 2013, 05:06:09 PM
 #27

no effect 

lol


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October 02, 2013, 05:07:16 PM
 #28

Ok, this is getting silly now. Time to buy some cheap BTC  Grin  Grin  Grin
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October 02, 2013, 05:08:53 PM
 #29

no effect  

I think it will have an effect, there are some people who believe Silk road is a good portion of the Bitcoin market and they will probably sell.
Also those that want to profit from that fall will also sell.
So I guess we will see a selloff for a short time, but no crazy crash.
no we will see a crazy crash. if you dont sell now you will be well under 100 by tomorrow. mock my words. dont beleave me thats fine but do your self a favor and sell what you can. you can always buy back in tomorrow or the next when its the same price. BUT IT WONT BE for gods sakes man this is the sell sell sell time. sub 100 in 24-48 hrs garunteeeed

Sub 100 is clearly possible, maybe I should have said that with crazy crash I mean sub $60 xD
But I don't think it will be for long.
I'm no oracle though, we will see ^^
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October 02, 2013, 05:10:29 PM
 #30

This is a roller coaster, I can't imagine which other asset / currency is so muchy fun to trade?

Is this the second presumed "death" of Bitcoin or just a slight pothole? (no pun intended)


It's really impossible to judge which way this is going to go. Great fun as always.

But we all knew that SR was going bust one day, it was only a question of when..
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October 02, 2013, 05:10:33 PM
 #31

Sub 100 is clearly possible, maybe I should have said that with crazy crash I mean sub $60 xD
But I don't think it will be for long.
I'm no oracle though, we will see ^^

Exactly - at 60 I'll start to buy. Cant wait.

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October 02, 2013, 05:13:21 PM
 #32

coinbase no longer tracking bitstamp
MAbtc
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October 02, 2013, 05:14:01 PM
 #33

Sub 100 is clearly possible, maybe I should have said that with crazy crash I mean sub $60 xD
But I don't think it will be for long.
I'm no oracle though, we will see ^^

Exactly - at 60 I'll start to buy. Cant wait.
Hmmm, I have bids earlier than 60..... all the way down....  Cheesy

BTC-E just hit 109 and dropping.....
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October 02, 2013, 05:14:53 PM
 #34

This is the buying opportunity we've all been waiting for.

Year 2021
Bitcoin Supply: ~90% mined
Supply Inflation: <1.8%
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October 02, 2013, 05:18:00 PM
 #35

This is the buying opportunity we've all been waiting for.
It is, indeed :3
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October 02, 2013, 05:20:29 PM
 #36

This is the buying opportunity we've all been waiting for.
It is, indeed :3

That's not how speculative markets work. If everybody believes a certain price point or range will be reached, then it will not.

Yes, it is that simple. Puzzling why some of you have not figured this out yet.
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October 02, 2013, 05:22:50 PM
 #37

btce   25.70%   7080.84   92.73 USD

btce   26.81%   7761.12   80.00 USD
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October 02, 2013, 05:24:17 PM
 #38

This is the buying opportunity we've all been waiting for.

Last chance to get BTC below $100 Smiley
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October 02, 2013, 05:24:52 PM
 #39

This is the buying opportunity we've all been waiting for.
It is, indeed :3

That's not how speculative markets work. If everybody believes a certain price point or range will be reached, then it will not.

Yes, it is that simple. Puzzling why some of you have not figured this out yet.

Plants need light, silly!

Aka don't try to correct me on something I've never even mentioned.
I never mentioned any certain price point.
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October 02, 2013, 05:27:11 PM
 #40

How did they "seize" bitcoins? 
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