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Author Topic: Silkroad Gone: Bitcoin Rising  (Read 5156 times)
ThePanCakeKid95 (OP)
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October 24, 2013, 11:19:11 PM
 #1

Hey guys it's Jason I got a video about how silk road affected bitcoin's price go check it out Smiley
http://youtu.be/TD0qPla2ayg
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nameface
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October 25, 2013, 02:30:18 AM
 #2

very nice job
ThePanCakeKid95 (OP)
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October 25, 2013, 03:33:44 AM
 #3

Thanks so much for the positive reviews Smiley
KillaPlaya
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October 25, 2013, 06:28:04 AM
 #4

When you say 'Silkroad' you mean the game itself? Oo
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October 25, 2013, 01:26:58 PM
Last edit: October 25, 2013, 01:39:21 PM by franky1
 #5

if any of you watch the TV show "white collar" you may find some similarities to the silk road news lately..

although they call it "grey trade" they did manage to poke at silk road by saying the words in a conversation starting 11minutes 30 seconds.. which was a funny pun.

but it looks like the TV producers are keeping up to date on current events

white collar season 5 episode 2

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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
CurbsideProphet
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October 25, 2013, 05:28:59 PM
 #6

I'm pleasantly surprised with the rally after the shutdown.  It really chops the "Bitcoin is only for drugs" crowd off at the knees.

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October 25, 2013, 05:37:43 PM
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I'm pleasantly surprised with the rally after the shutdown.  It really chops the "Bitcoin is only for drugs" crowd off at the knees.
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ThePanCakeKid95 (OP)
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October 25, 2013, 07:17:18 PM
 #8

yes, I totally agree, if anything this shows that bitcoin is way more than just some way to pay for drugs
winnate
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October 25, 2013, 07:37:45 PM
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The fact that bitcoin survived the downfall of SR and came out strong really says something
Swimmer63
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October 25, 2013, 11:02:08 PM
 #10

Actually the only reason BTC went down after that was emotion.  Silk Road's effect on the price was like a fly on windshield - zero.
BUT I will say that other more organized and nefarious groups, like those often associated in movies with Italian heritage, could be keeping more in BTC than anyone cares to imagine.  But they don't build websites and attract attention of the public. IMHO
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October 26, 2013, 01:38:07 AM
 #11

Hey dude! I really like your presentation, very informative and well spoken! thanks.
CurbsideProphet
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October 26, 2013, 05:48:10 PM
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Actually the only reason BTC went down after that was emotion.  Silk Road's effect on the price was like a fly on windshield - zero.
BUT I will say that other more organized and nefarious groups, like those often associated in movies with Italian heritage, could be keeping more in BTC than anyone cares to imagine.  But they don't build websites and attract attention of the public. IMHO

That's actually a really good point that I hadn't considered. 

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October 26, 2013, 05:56:25 PM
 #13

Well, we'll know if the Zetas get involved in Bitcoin, because of the sudden epidemic of a mysterious illness that causes the head to separate from the body.
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October 26, 2013, 06:00:57 PM
 #14

It is very interesting to begin with and surely things would get better if not worst when talking about sites that are illegal in sovereign states but otherwise traded in btc.
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October 27, 2013, 05:27:16 AM
 #15

Actually the only reason BTC went down after that was emotion.  Silk Road's effect on the price was like a fly on windshield - zero.
BUT I will say that other more organized and nefarious groups, like those often associated in movies with Italian heritage, could be keeping more in BTC than anyone cares to imagine.  But they don't build websites and attract attention of the public. IMHO

That's actually a really good point that I hadn't considered. 

If I was on the dark-side I would definitely store and move money in BTC.  So much easier than fiat from whatever country.
I actually thought that was one of the theorized reasons for the spike in BTC ($250 at one point) during the Cyprus banking crisis.  Cyrpus banks have long been a parking spot for Russian Mob money due to their poor oversight.  One of the potential solutions to the crisis was the government was going to seize a percentage of everyone's account to bail out the banks.  When that was announced BTC soared.  If I recall properly.  That was the Mob moving their funds to BTC instead of getting a percentage seized.
Someone is probably more up on the details than me though.
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October 27, 2013, 06:34:03 AM
 #16

Good video. Agreed Bitcoin will continue and thrive without silk road. As many people have pointed out, there is an actual real economy behind bitcoin, with real businesses.

ThePanCakeKid95 (OP)
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October 27, 2013, 03:16:31 PM
 #17

thank you to everyone who are giving positive reviews Smiley
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October 29, 2013, 10:00:47 AM
 #18

if any of you watch the TV show "white collar" you may find some similarities to the silk road news lately..

although they call it "grey trade" they did manage to poke at silk road by saying the words in a conversation starting 11minutes 30 seconds.. which was a funny pun.

but it looks like the TV producers are keeping up to date on current events

white collar season 5 episode 2

Just watched that, and immediately wanted to start a topic about it. Awesome.

Saying that you don't trust someone because of their behavior is completely valid.
EccLipSe
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October 29, 2013, 10:44:44 AM
 #19

and what happened to the captured coins? Smiley
ANiceJewishBoy
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October 29, 2013, 09:00:54 PM
 #20

Now that the Silk Road is gone, Bitcoin is a viable Christmas present. You can get them for your kids, and they can spend them anywhere on the internet. But not to buy crack Smiley

And it's the gift card where "If you by it now, it will probably be worth more by Christmas" how many other giftcards can say that?

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