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Author Topic: people sending coins to the feds?  (Read 992 times)
harmal (OP)
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October 16, 2013, 11:22:28 PM
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 I've heard of people sending small amounts of BTC to the silkroad address the feds now have with messages attached, but there seem to be some larger amounts going in now too. today there was one for 12.15078995. there some in there for 136.47811354 and 59.2772818. what the hell is going on?

heres the address on blockchain.info
http://blockchain.info/address/1F1tAaz5x1HUXrCNLbtMDqcw6o5GNn4xqX#
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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pedrog
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October 16, 2013, 11:34:41 PM
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I've heard of people sending small amounts of BTC to the silkroad address the feds now have with messages attached, but there seem to be some larger amounts going in now too. today there was one for 12.15078995. there some in there for 136.47811354 and 59.2772818. what the hell is going on?

heres the address on blockchain.info
http://blockchain.info/address/1F1tAaz5x1HUXrCNLbtMDqcw6o5GNn4xqX#

They are still emptying addresses from silk road.

harmal (OP)
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October 17, 2013, 01:21:59 AM
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oh, that makes sense. i wonder what they're going to do with them?
MAbtc
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October 17, 2013, 05:08:20 AM
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I've heard of people sending small amounts of BTC to the silkroad address the feds now have with messages attached, but there seem to be some larger amounts going in now too. today there was one for 12.15078995. there some in there for 136.47811354 and 59.2772818. what the hell is going on?

heres the address on blockchain.info
http://blockchain.info/address/1F1tAaz5x1HUXrCNLbtMDqcw6o5GNn4xqX#

They are still emptying addresses from silk road.
Wow, is that really the case? Like, that's the consensus around here? I wasn't sure at this point that they had gained access to the wallets -- just that they had physical possession of the servers. Interesting stuff.

Edit: Oh, maybe you mean the escrow/user wallets, not DPR.
pliznau
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October 17, 2013, 07:38:11 AM
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I think a smart move for them would be to hold them.

void
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October 17, 2013, 04:10:28 PM
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I've heard of people sending small amounts of BTC to the silkroad address the feds now have with messages attached, but there seem to be some larger amounts going in now too. today there was one for 12.15078995. there some in there for 136.47811354 and 59.2772818. what the hell is going on?

heres the address on blockchain.info
http://blockchain.info/address/1F1tAaz5x1HUXrCNLbtMDqcw6o5GNn4xqX#

They are still emptying addresses from silk road.
Wow, is that really the case? Like, that's the consensus around here? I wasn't sure at this point that they had gained access to the wallets -- just that they had physical possession of the servers. Interesting stuff.

Edit: Oh, maybe you mean the escrow/user wallets, not DPR.

Yes, I assume that's what's happening.

I think a smart move for them would be to hold them.

They said when the trial and all that is over they will probably sell all assets.

pliznau
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October 17, 2013, 05:05:15 PM
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Then maybe it will be a price drop?

void
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October 17, 2013, 08:59:39 PM
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Then maybe it will be a price drop?

Yap, stay tuned, if they drop all at once, there will be a mini crash.

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October 17, 2013, 09:01:59 PM
 #9

Haha, I like some of the messages people write in them:
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Public Note: I'm a deaf blind albino midget with no legs. I hope one day to buy a karaoke machine so I can become a great singer to seduce Miley Cyrus. Any help is appreciated. 17mdBHQUsQ2so4VHprcTP81jC47VegPUb5

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October 17, 2013, 09:53:25 PM
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Then maybe it will be a price drop?

Yap, stay tuned, if they drop all at once, there will be a mini crash.

Which exchange will they start the crash at, if its Gox, i should think they would hold it as compensation for the confiscated funds.  I would think they would find a private buyer, so it wont affect the mrket at all.
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October 17, 2013, 10:55:09 PM
 #11

Wow! This is very impressive. Lots and lots of addresses! Serious money, too.

I used to be a citizen and a taxpayer. Those days are long gone.
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October 17, 2013, 11:02:20 PM
 #12

Hehe, it would be funny if they ended up selling the BTC after the trial at MTGox, and then had the money stuck for years because of their own regulations.
MAbtc
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October 17, 2013, 11:30:25 PM
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Then maybe it will be a price drop?

Yap, stay tuned, if they drop all at once, there will be a mini crash.

Which exchange will they start the crash at, if its Gox, i should think they would hold it as compensation for the confiscated funds.  I would think they would find a private buyer, so it wont affect the mrket at all.
Yeah, I really can't imagine the US Government loading up an account on MT Gox and dumping their coins -- LOL. They will auction them, I think, and a private buyer will get a real sweetheart deal.
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October 17, 2013, 11:58:18 PM
 #14

Then maybe it will be a price drop?

Yap, stay tuned, if they drop all at once, there will be a mini crash.

Which exchange will they start the crash at, if its Gox, i should think they would hold it as compensation for the confiscated funds.  I would think they would find a private buyer, so it wont affect the mrket at all.
Yeah, I really can't imagine the US Government loading up an account on MT Gox and dumping their coins -- LOL. They will auction them, I think, and a private buyer will get a real sweetheart deal.

Yah, that's more likely, but no need to auction if it has a market price...

I guess they will do the same thing the do when with confiscated gold, whatever that is...

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