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Author Topic: 2013-10-15 New Statesmen: Bitcoin may be let loose now Silk Road's shut down  (Read 541 times)
franky1 (OP)
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October 16, 2013, 02:21:57 AM
 #1

http://www.newstatesman.com/sci-tech/2013/10/bitcoin-may-be-let-loose-now-silk-road-has-been-shut-down

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Now that Silk Road has closed without any discernible damage to Bitcoin's value, maybe we can accept it's here to stay.

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You can't kill Bitcoin. It will not die. The Silk Road shutdown is the second event to challenge its stability and it’s come through with barely a scratch. And, despite the libertarian beliefs of many of its advocates, in part that’s due to Bitcoin going legit in the eyes of the law.

lets hope other media outlets have this mindset  Grin

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Arvicco
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October 16, 2013, 03:06:48 AM
Last edit: October 16, 2013, 04:29:52 AM by Arvicco
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Dupe: https://bitcointalk.org/index.php?topic=311040.0

franky1 (OP)
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October 16, 2013, 04:07:38 AM
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your time stamp 02:50:24 PM
my timestamp 02:21:57 AM

i had to read the article and then quote a few passages, but i got there first lol

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Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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October 16, 2013, 04:32:57 AM
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Not trying to turn it into a flame, but:

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your time stamp 02:50:24 PM - October 15th
my timestamp 02:21:57 AM - October 16th

You are welcome to put your quotes and whatnot into the original thread, of course...

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October 16, 2013, 05:13:42 AM
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I doubt so, Silkroad is only one of the reasons against the use of Bitcoin, money laundering is also of major concern
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