drawingthesun (OP)
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Activity: 1176
Merit: 1015
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October 25, 2013, 05:45:56 PM
Last edit: October 25, 2013, 06:37:20 PM by Raoul Duke |
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niothor
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October 25, 2013, 05:46:54 PM |
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Friday night (evening) , let's see how the market reacts!
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bitcool
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Activity: 1441
Merit: 1000
Live and enjoy experiments
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October 25, 2013, 06:01:52 PM |
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So now US government owns the largest single address on the network, it becomes more interesting...
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uMMcQxCWELNzkt
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October 25, 2013, 06:05:52 PM |
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Has this hit other Bitcoin news networks yet?
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SgtSpike
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Activity: 1400
Merit: 1005
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October 25, 2013, 06:06:15 PM |
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Link doesn't work, it's got issues. |
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SgtSpike
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Activity: 1400
Merit: 1005
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October 25, 2013, 06:06:52 PM |
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Whoa, this is THE top story at forbes.com right now...
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TheKoziTwo
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Activity: 1552
Merit: 1047
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October 25, 2013, 06:10:56 PM |
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casascius
Mike Caldwell
VIP
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Activity: 1386
Merit: 1140
The Casascius 1oz 10BTC Silver Round (w/ Gold B)
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October 25, 2013, 06:16:10 PM |
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It looks like the address has been filled in multiple increments of 324 BTC.
324 = FBI? (telephone keypad)
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Companies claiming they got hacked and lost your coins sounds like fraud so perfect it could be called fashionable. I never believe them. If I ever experience the misfortune of a real intrusion, I declare I have been honest about the way I have managed the keys in Casascius Coins. I maintain no ability to recover or reproduce the keys, not even under limitless duress or total intrusion. Remember that trusting strangers with your coins without any recourse is, as a matter of principle, not a best practice. Don't keep coins online. Use paper or hardware wallets instead.
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N12
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Activity: 1610
Merit: 1010
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October 25, 2013, 06:19:09 PM |
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It looks like the address has been filled in multiple increments of 324 BTC.
324 = FBI? (telephone keypad)
Damn, I bet you're right. |
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notme
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Activity: 1904
Merit: 1002
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October 25, 2013, 06:30:41 PM |
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Thanks, OP's link was disappointing  . |
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bitcool
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Activity: 1441
Merit: 1000
Live and enjoy experiments
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October 25, 2013, 06:35:56 PM |
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Just curious, if they are going to liquidate or auction off the stash, do they have to find someone with MSB license to do that? who would that be?
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notme
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Activity: 1904
Merit: 1002
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October 25, 2013, 06:38:30 PM |
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Just curious, if they are going to liquidate or auction off the stash, do they have to find someone with MSB license to do that? who would that be?
Government agencies are exempted from money transmitter regulations. |
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bigasic
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October 25, 2013, 06:40:31 PM |
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Common sense would make you think that the bitcoin community should react positive with this news. Like i said elsewhere, we are years away from them deciding the case, so those coins are not going to hit the market any time soon.... So, we know that those coins will be out of the loop for years, unless DPR strikes a deal, which I dont think is going to happen...
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notme
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Activity: 1904
Merit: 1002
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October 25, 2013, 06:51:26 PM |
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Common sense would make you think that the bitcoin community should react positive with this news. Like i said elsewhere, we are years away from them deciding the case, so those coins are not going to hit the market any time soon.... So, we know that those coins will be out of the loop for years, unless DPR strikes a deal, which I dont think is going to happen...
And in the mean time bitcoin grows, and when the FBI finally does sell them, they suddenly have a trillion dollars to spend on privacy invasion. |
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Arvicco
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October 25, 2013, 07:17:00 PM |
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Why is no one discussing the one REALLY important question: HOW were they able to break (supposedly) encrypted wallet and syphon money from it? If we assume it was a normal BitcoinQt wallet.dat, is there some kind of method to break it that is not universally known? As a community, we better find out everything about it, and do it fast...
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jabetizo
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October 25, 2013, 07:19:28 PM |
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Why is no one discussing the one REALLY important question: HOW were they able to break (supposedly) encrypted wallet and syphon money from it? If we assume it was a normal BitcoinQt wallet.dat, is there some kind of method to break it that is not universally known? As a community, we better find out everything about it, and do it fast...
With all the mistakes DPR allegedly made I wouldn't be surprised if he used a weak password. The coins at 1933phfhK3ZgFQNLGSDXvqCn32k2buXY8a still haven't moved though. |
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notme
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Activity: 1904
Merit: 1002
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October 25, 2013, 07:19:52 PM |
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Why is no one discussing the one REALLY important question: HOW were they able to break (supposedly) encrypted wallet and syphon money from it? If we assume it was a normal BitcoinQt wallet.dat, is there some kind of method to break it that is not universally known? As a community, we better find out everything about it, and do it fast...
Likely this:  |
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zeroday
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Activity: 784
Merit: 1000
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October 25, 2013, 07:21:38 PM |
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We won't see these coins in a couple of years while trial is going on.
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uMMcQxCWELNzkt
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October 25, 2013, 07:21:41 PM |
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Common sense would make you think that the bitcoin community should react positive with this news. Like i said elsewhere, we are years away from them deciding the case, so those coins are not going to hit the market any time soon.... So, we know that those coins will be out of the loop for years, unless DPR strikes a deal, which I dont think is going to happen...
And in the mean time bitcoin grows, and when the FBI finally does sell them, they suddenly have a trillion dollars to spend on privacy invasion. They don't need Bitcoin money for that. I personally think those Bitcoins will stay in government agency accounts and probably moved around. They could even use it for propaganda, they could send it to a particular group and spread it across the media to give Bitcoin a bad rep, without relinquishing control over their holdings. What we know about the state of internet privacy is the equivalent of the military announcing their "new" tech, something built years before and kept secret. They are always a good few years ahead in most technology. |
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