Severian
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October 02, 2013, 06:45:46 PM |
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can now be tracked? i don't understand. blockchain was always public.... the feds are already holding the "marked" money -- how does that help them going forward?
The blockchain is public but the info is meaningless unless real world info can be attached to it. These coins can now be used in fake buying operations or any other entrapment in order to gather intel.
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Carlton Banks
Legendary
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Activity: 3430
Merit: 3080
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October 02, 2013, 07:06:58 PM |
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It would be pretty amusing if the site came back up again, DPR claiming that his "decoy" had worked, or some such story. Funny as well as thought provoking.
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Vires in numeris
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Nemesis
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October 02, 2013, 07:13:35 PM |
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can now be tracked? i don't understand. blockchain was always public.... the feds are already holding the "marked" money -- how does that help them going forward?
The blockchain is public but the info is meaningless unless real world info can be attached to it. These coins can now be used in fake buying operations or any other entrapment in order to gather intel. You're stupid to think they didnt already do that b4 the seize. You must think the feds are some poor college kid living in his mom's basement like you, dont you.
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Qoheleth
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Activity: 960
Merit: 1028
Spurn wild goose chases. Seek that which endures.
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October 02, 2013, 07:16:25 PM |
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I seem to be missing the word "arrest". Most likely through some manipulation of tor they were able to find and break into the server. That "wealth of information" probably led to clues which led to more which eventually led to them making the arrest not in July but yesterday.
Read the whole article. I'll quote more for you. The government says it identified Ulbricht after a routine border search of a package that contained nine counterfeit IDs. The package was shipped from Canada to an address in San Francisco. When the government visited the San Francisco address, they found Ulbricht there.
The government then identified the primary Silk Road server and obtained an image of its hard drive in July, providing the federal government with a wealth of information about the Silk Road's operations. It says because of the fake id's they found him there, then they talk about finding the server, and they mention July. If that narrative is to be believed, it sure adds lovely poetic overtones to that September DPR response to Atlantis's closure.
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If there is something that will make Bitcoin succeed, it is growth of utility - greater quantity and variety of goods and services offered for BTC. If there is something that will make Bitcoin fail, it is the prevalence of users convinced that BTC is a magic box that will turn them into millionaires, and of the con-artists who have followed them here to devour them.
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Severian
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October 02, 2013, 07:16:36 PM |
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babble and ad hominem edited
plonk.
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wtfvanity
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October 02, 2013, 07:29:47 PM |
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I seem to be missing the word "arrest". Most likely through some manipulation of tor they were able to find and break into the server. That "wealth of information" probably led to clues which led to more which eventually led to them making the arrest not in July but yesterday.
Read the whole article. I'll quote more for you. The government says it identified Ulbricht after a routine border search of a package that contained nine counterfeit IDs. The package was shipped from Canada to an address in San Francisco. When the government visited the San Francisco address, they found Ulbricht there.
The government then identified the primary Silk Road server and obtained an image of its hard drive in July, providing the federal government with a wealth of information about the Silk Road's operations. It says because of the fake id's they found him there, then they talk about finding the server, and they mention July. If that narrative is to be believed, it sure adds lovely poetic overtones to that September DPR response to Atlantis's closure. Indeed.
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WTF! Don't Click Here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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dserrano5
Legendary
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Activity: 1974
Merit: 1029
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October 02, 2013, 07:40:57 PM |
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Is anyone curious as to why the SR logo is in the background of the seizure notice?? In past FBI seizure's the logo has never appeared.
Do an images search for domain seized. They have FBI logos on them, all the agencies involved. I've never seen the company that they seized their logo in the background, and have never seen it for a hidden service. I think they are so FUCKING PROUD of having shut down SR that they couldn't resist to leave a camel there. "Hey we did it! Fuck you all!"
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HeliKopterBen
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October 02, 2013, 07:41:12 PM |
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So the crash was caused by good news? lol
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Counterfeit: made in imitation of something else with intent to deceive: merriam-webster
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driksson
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October 02, 2013, 07:43:05 PM |
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So the crash was caused by good news? lol or by huge sales amounts. which i believe can be confiscated wallets as written in the report. why not sell and pay off part of us govt debt?
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wtfvanity
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October 02, 2013, 07:48:02 PM |
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So the crash was caused by good news? lol or by huge sales amounts. which i believe can be confiscated wallets as written in the report. why not sell and pay off part of us govt debt? If they held onto them for a few years, they could pay off the entire national debt with them!
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WTF! Don't Click Here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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bomboclat77
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October 02, 2013, 07:53:52 PM |
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So the crash was caused by good news? lol or by huge sales amounts. which i believe can be confiscated wallets as written in the report. why not sell and pay off part of us govt debt? fund the cia black ops.
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teletobi
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October 02, 2013, 07:55:26 PM |
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So the crash was caused by good news? lol Of Course, "Sell on good News!"
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BitCoiner2012
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October 02, 2013, 08:06:35 PM |
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So the crash was caused by good news? lol or by huge sales amounts. which i believe can be confiscated wallets as written in the report. why not sell and pay off part of us govt debt? If they held onto them for a few years, they could pay off the entire national debt with them! You clearly don't have good comprehension of the liabilities the US government is facing...
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BTC Long.
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anonymous_acc
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October 02, 2013, 08:17:28 PM Last edit: October 03, 2013, 12:26:00 AM by anonymous_acc |
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Three onions domains are closed: http://[removed].onion
http://[removed].onion
http://[removed].onion
But another two silkroad's clones are up:
http://[removed].onion - The Silk Road Anonymous Market
http://[removed].onion - Silk Road forums - Index
Edit: links removed, is it logical in this light? By the links you can get FBI's jpg. And two unknown clones of silk.
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BTC: 1HRcwjxG2H5vSnNo5ZbGqMxRPFWJk6dwW9
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Carlton Banks
Legendary
Offline
Activity: 3430
Merit: 3080
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October 02, 2013, 08:21:41 PM Last edit: October 02, 2013, 11:12:41 PM by psy |
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Three onions domains are closed: http://[removed].onion
http://[removed].onion
http://[removed].onion
But another two silkroad's clones are up:
http://[removed].onion - The Silk Road Anonymous Market
http://[removed].onion - Silk Road forums - Index
Honey trap or Dead Man's Switch? Time will tell... I think I'm cancelling my Silk Road speedball subscription for now
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Vires in numeris
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Phinnaeus Gage
Legendary
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Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
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October 02, 2013, 08:31:58 PM |
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"All told, the site has generated sales revenue totaling over 9.5 million Bitcoins and collected commissions from these sales totaling over 600,000 Bitcoins. Although the value of Bitcoins has varied significantly during the site's lifetime, these figures are roughly equivalent today to approximately $1.2 billion in sales and approximately $80 million in commissions." Does this mean that 600,000 BTC (give or take) is off the "market"? Holy crap - if those coins are gone, the value could skyrocket!
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wtfvanity
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October 02, 2013, 08:33:29 PM |
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So the crash was caused by good news? lol or by huge sales amounts. which i believe can be confiscated wallets as written in the report. why not sell and pay off part of us govt debt? If they held onto them for a few years, they could pay off the entire national debt with them! You clearly don't have good comprehension of the liabilities the US government is facing... Or I'm incredibly bullish!
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WTF! Don't Click Here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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Odalv
Legendary
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Activity: 1414
Merit: 1000
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October 02, 2013, 08:33:37 PM |
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Bitcoin too big for this event to make a significant drop in price.
IMO the most interesting question is how was SR busted. From what I've read the owner was very cautious. Is the TOR network broken?
seems, no. :-) https://bitcointalk.org/index.php?topic=47811.msg568744#msg568744Hello, sorry if there is another thread for this kind of post, but I couldn't find one. I'm looking for the best and brightest IT pro in the bitcoin community to be the lead developer in a venture backed bitcoin startup company. The ideal candidate would have at least several years of web application development experience, having built applications from the ground up. A solid understanding of oop and software architecture is a must. Experience in a start-up environment is a plus, or just being super hard working, self-motivated, and creative.
Compensation can be in the form of equity or a salary, or somewhere in-between.
If interested, please send your answers to the following questions to rossulbricht at gmail dot com
1) What are your qualifications for this position? 2) What interests you about bitcoin?
From there, we can talk about things like compensation and references and I can answer your questions as well. Thanks in advance to any interested parties. If anyone knows another good place to recruit, I am all ears.
rossulbricht@gmail.com
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CoinDiver
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October 02, 2013, 08:38:11 PM |
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Any recent major transactions that show the feds have actually taken the funds?
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