Bitcoin Forum
August 29, 2024, 03:14:15 AM
Welcome,
Guest
. Please
login
or
register
.
News
: All versions of Windows are affected by a
critical security bug
; make sure you update.
Home
Help
Search
Login
Register
More
Bitcoin Forum
>
Other
>
Beginners & Help
>
Can the U.S. government sell seized bitcoins?
Pages:
«
1
2
[
3
]
All
« previous topic
next topic »
Print
Author
Topic: Can the U.S. government sell seized bitcoins? (Read 1840 times)
nahtnam
(OP)
Legendary
Offline
Activity: 1092
Merit: 1000
nahtnam.com
Re: Can the U.S. government sell seized bitcoins?
December 11, 2013, 02:48:02 AM
#41
Quote from: po1992one on December 11, 2013, 02:44:47 AM
Quote from: Gator-hex on December 11, 2013, 01:43:26 AM
Although they have another law for that, if you don't hand over you password when requested by a court, you get more jail time. God help those who are genuinely forgetful!
Whats the difference between 10 years if you give password and say 15 years if you dont ? You will be out in 2/3 of jailtime anyway if your not problematic, so why give your Bitcoins to gov !
Ya especially if you own millions. I would just pass it on to a lawyer since they cant record whats going on between the person and a lawyer.
████████████████████████████
████████
▄▄████████▄▄
████████
█████
▄███▀▀
██████
▀▀███▄
█████
████
██▀
███▄█
▄██▄▄
████
▀██
████
███
██
██
▄
█
█████████▄▄
███
██
███
██
██
███
█████████████
████
██
██
██
██
█
▄▄███████████████▄
█
██
██
██
██
█
▄████████████████▀
█
██
██
██
██
██
███████████████
███
██
██
███
██
███
▀▀
█
▀████▀█▀
████
██
███
████
██▄
██████
██
██████
▄██
████
█████
▀███▄▄
██
██
██
▄▄███▀
█████
████████
▀▀████████▀▀
████████
████████████████████████████
.
Truck
coin
.
.
F
or
T
he
F
a
s
t
e
s
t
D
ec
en
t
ra
l
i
ze
d
G
l
o
b
a
l
M
ar
ke
t
.
▬▬
ANN Thread
WhitePaper
Twitter
Facebook
Google+
▬▬
▬
ICO
starts
▬
.
Dec
1
st
2017
.
.
Powered by
GoldenHill
International
.
▬▬
The
future of money
has arrived
▬▬
BurtW
Legendary
Offline
Activity: 2646
Merit: 1137
All paid signature campaigns should be banned.
Re: Can the U.S. government sell seized bitcoins?
December 16, 2013, 07:12:37 PM
#42
Quote from: masterlogin on December 16, 2013, 06:21:52 PM
Quote from: BurtW on December 10, 2013, 06:44:00 PM
They [edit: they = the FBI] already moved them (so they have the keys). Some are here:
http://blockchain.info/address/1F1tAaz5x1HUXrCNLbtMDqcw6o5GNn4xqX
The rest are here:
https://blockchain.info/address/1FfmbHfnpaZjKFvyi1okTjJJusN455paPH
So, by moving the coins and consolidating them they have been shown to own them.
This may not be all of them but it is the BTC that the FBI has found so far.
Sir, by the way, who is owner account above?!?
AFAIK both of the above accounts are owned by the FBI. In other words the FBI has the private keys to these two accounts.
Our family was terrorized by Homeland Security. Read all about it here:
http://www.jmwagner.com/
and
http://www.burtw.com/
Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
masyveonk
Full Member
Offline
Activity: 346
Merit: 100
https://bmy.guide
Re: Can the U.S. government sell seized bitcoins?
December 16, 2013, 07:18:16 PM
#43
Quote from: BurtW on December 16, 2013, 07:12:37 PM
Quote from: masterlogin on December 16, 2013, 06:21:52 PM
Quote from: BurtW on December 10, 2013, 06:44:00 PM
They [edit: they = the FBI] already moved them (so they have the keys). Some are here:
http://blockchain.info/address/1F1tAaz5x1HUXrCNLbtMDqcw6o5GNn4xqX
The rest are here:
https://blockchain.info/address/1FfmbHfnpaZjKFvyi1okTjJJusN455paPH
So, by moving the coins and consolidating them they have been shown to own them.
This may not be all of them but it is the BTC that the FBI has found so far.
Sir, by the way, who is owner account above?!?
AFAIK both of the above accounts are owned by the FBI. In other words the FBI has the private keys to these two accounts.
FBI should give the private keys to central bank, so US could get Bitcoin reserve for future.
United States pawns everything
🛵
[
bmy.guide
]
:
Connecting Travellers All Around The World 🛵
▬
[
Whitepaper
]▬[
Privacy Notice
]▬[
Announcement Thread
]▬
▬
Medium
▬
Facebook
▬
Telegram
▬
Twitter
▬
Instagram
▬
_wayfarer_
Member
Offline
Activity: 93
Merit: 10
Software Engineer
Re: Can the U.S. government sell seized bitcoins?
December 16, 2013, 07:21:26 PM
#44
My understanding is that they are required by law to sell seized assets at auction, but it would be interesting if they found a way to keep them for potential future value. Either way, it will be interesting to see the eventual outcome, whether they offload them or become a speculator
Try my free BTC price alerts
| In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497 - Warren Buffet
Kaligulax
Full Member
Offline
Activity: 182
Merit: 101
Re: Can the U.S. government sell seized bitcoins?
December 16, 2013, 07:26:32 PM
#45
The problem I see with bitcoins is that, like all fiat money, their value depends on trust. As long as there are safer and/or more convenient alternatives, bitcoins are susceptable to panic selling and counterfeiting.
Bitcoins have no intrinsic value. They can be used for obtaining goods and/or services only as long as the providers will accept them.
I consider bitcoins to be "No-Penny Stocks" and predict that they will be subject to the same abuses as the penny stock market, and with less regulation.
1FxCUCAij9FT9fXQSqYHHMiaELhRTAhui6
BurtW
Legendary
Offline
Activity: 2646
Merit: 1137
All paid signature campaigns should be banned.
Re: Can the U.S. government sell seized bitcoins?
December 16, 2013, 08:54:23 PM
#46
Quote from: Kaligulax on December 16, 2013, 07:26:32 PM
The problem I see with bitcoins is that ... bitcoins are susceptable to ... counterfeiting.
Explain how.
Our family was terrorized by Homeland Security. Read all about it here:
http://www.jmwagner.com/
and
http://www.burtw.com/
Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
jackp
Newbie
Offline
Activity: 6
Merit: 0
Re: Can the U.S. government sell seized bitcoins?
December 16, 2013, 09:38:40 PM
#47
Yeah the US needs money, so why not!
nahtnam
(OP)
Legendary
Offline
Activity: 1092
Merit: 1000
nahtnam.com
Re: Can the U.S. government sell seized bitcoins?
December 17, 2013, 12:15:34 AM
#48
Quote from: masyveonk on December 16, 2013, 07:18:16 PM
Quote from: BurtW on December 16, 2013, 07:12:37 PM
Quote from: masterlogin on December 16, 2013, 06:21:52 PM
Quote from: BurtW on December 10, 2013, 06:44:00 PM
They [edit: they = the FBI] already moved them (so they have the keys). Some are here:
http://blockchain.info/address/1F1tAaz5x1HUXrCNLbtMDqcw6o5GNn4xqX
The rest are here:
https://blockchain.info/address/1FfmbHfnpaZjKFvyi1okTjJJusN455paPH
So, by moving the coins and consolidating them they have been shown to own them.
This may not be all of them but it is the BTC that the FBI has found so far.
Sir, by the way, who is owner account above?!?
AFAIK both of the above accounts are owned by the FBI. In other words the FBI has the private keys to these two accounts.
FBI should give the private keys to central bank, so US could get Bitcoin reserve for future.
United States pawns everything
Whats funny is that people keep on donating to the addresses, and have a public note with advertisements!
████████████████████████████
████████
▄▄████████▄▄
████████
█████
▄███▀▀
██████
▀▀███▄
█████
████
██▀
███▄█
▄██▄▄
████
▀██
████
███
██
██
▄
█
█████████▄▄
███
██
███
██
██
███
█████████████
████
██
██
██
██
█
▄▄███████████████▄
█
██
██
██
██
█
▄████████████████▀
█
██
██
██
██
██
███████████████
███
██
██
███
██
███
▀▀
█
▀████▀█▀
████
██
███
████
██▄
██████
██
██████
▄██
████
█████
▀███▄▄
██
██
██
▄▄███▀
█████
████████
▀▀████████▀▀
████████
████████████████████████████
.
Truck
coin
.
.
F
or
T
he
F
a
s
t
e
s
t
D
ec
en
t
ra
l
i
ze
d
G
l
o
b
a
l
M
ar
ke
t
.
▬▬
ANN Thread
WhitePaper
Twitter
Facebook
Google+
▬▬
▬
ICO
starts
▬
.
Dec
1
st
2017
.
.
Powered by
GoldenHill
International
.
▬▬
The
future of money
has arrived
▬▬
gsmedia
Newbie
Offline
Activity: 5
Merit: 0
Re: Can the U.S. government sell seized bitcoins?
December 17, 2013, 06:09:34 AM
#49
Government agencies & financial institutions (at least in some Countries) are not allowed to 'dabble' or deal in bitcoins. Thus the only way they can 'play' the game is to seize.
Pages:
«
1
2
[
3
]
All
Print
Bitcoin Forum
>
Other
>
Beginners & Help
>
Can the U.S. government sell seized bitcoins?
« previous topic
next topic »
Jump to:
Please select a destination:
-----------------------------
Bitcoin
-----------------------------
=> Bitcoin Discussion
===> Legal
===> Press
===> Meetups
===> Important Announcements
=> Development & Technical Discussion
===> Wallet software
=====> Electrum
=====> Bitcoin Wallet for Android
=====> BitcoinJ
=====> Armory
=====> Mycelium
=====> Hardware wallets
=> Mining
===> Mining support
===> Pools
===> Mining software (miners)
===> Hardware
=====> Group buys
===> Mining speculation
=> Bitcoin Technical Support
=> Project Development
-----------------------------
Economy
-----------------------------
=> Economics
===> Speculation
=> Marketplace
===> Goods
=====> Computer hardware
=====> Digital goods
=======> Invites & Accounts
=====> Collectibles
===> Services
===> Currency exchange
===> Gambling
=====> Games and rounds
=====> Investor-based games
=====> Gambling discussion
===> Lending
=====> Long-term offers
===> Securities
===> Auctions
===> Service Announcements
=====> Micro Earnings
===> Service Discussion
=====> Web Wallets
=====> Exchanges
=> Trading Discussion
===> Scam Accusations
===> Reputation
-----------------------------
Other
-----------------------------
=> Meta
===> New forum software
===> Bitcoin Wiki
=> Politics & Society
=> Beginners & Help
=> Off-topic
=> Serious discussion
===> Ivory Tower
=> Archival
===> Корзина
===> CPU/GPU Bitcoin mining hardware
===> Chinese students
===> Obsolete (buying)
===> Obsolete (selling)
===> MultiBit
-----------------------------
Alternate cryptocurrencies
-----------------------------
=> Altcoin Discussion
=> Announcements (Altcoins)
===> Tokens (Altcoins)
=> Mining (Altcoins)
===> Pools (Altcoins)
=> Marketplace (Altcoins)
===> Service Announcements (Altcoins)
===> Service Discussion (Altcoins)
===> Bounties (Altcoins)
=> Speculation (Altcoins)
-----------------------------
Local
-----------------------------
=> العربية (Arabic)
===> العملات البديلة (Altcoins)
=====> النقاشات
===> إستفسارات و أسئلة المبتدئين
===> التعدين
===> النقاشات الأخرى
===> منصات التبادل
=> Bahasa Indonesia (Indonesian)
===> Marketplace (Bahasa Indonesia)
===> Mining (Bahasa Indonesia)
===> Altcoins (Bahasa Indonesia)
===> Trading dan Spekulasi
===> Ekonomi, Politik, dan Budaya
===> Topik Lainnya
=> Español (Spanish)
===> Mercado y Economía
=====> Servicios
=====> Trading y especulación
===> Hardware y Minería
===> Esquina Libre
===> Mercadillo
=====> Mexico
=====> Argentina
=====> España
=====> Centroamerica y Caribe
===> Primeros pasos y ayuda
===> Altcoins (criptomonedas alternativas)
=====> Minería de altcoins
=====> Servicios
=====> Tokens (Español)
=> 中文 (Chinese)
===> 跳蚤市场
===> 山寨币
===> 媒体
===> 挖矿
===> 离题万里
=> Hrvatski (Croatian)
===> Trgovina
===> Altcoins (Hrvatski)
=====> Announcements (Hrvatski)
===> Off-topic (Hrvatski)
=> Deutsch (German)
===> Anfänger und Hilfe
===> Mining (Deutsch)
===> Trading und Spekulation
===> Projektentwicklung
===> Off-Topic (Deutsch)
===> Treffen
===> Presse
===> Altcoins (Deutsch)
=====> Announcements (Deutsch)
===> Marktplatz
=====> Auktionen
=====> Suche
=====> Biete
=> Ελληνικά (Greek)
===> Αγορά
===> Mining Discussion (Ελληνικά)
===> Altcoins (Ελληνικά)
=====> Altcoin Announcements (Ελληνικά)
=====> Altcoin Mining (Ελληνικά)
=> עברית (Hebrew)
=> Français
===> Actualité et News
===> Débutants
===> Discussions générales et utilisation du Bitcoin
===> Mining et Hardware
===> Économie et spéculation
===> Place de marché
=====> Échanges
=====> Produits et services
=====> Petites annonces
===> Le Bitcoin et la loi
===> Wiki, documentation et traduction
===> Développement et technique
===> Vos sites et projets
===> Hors-sujet
===> Altcoins (Français)
=====> Annonces
=> India
===> Mining (India)
===> Marketplace (India)
===> Regional Languages (India)
===> Press & News from India
===> Alt Coins (India)
===> Buyer/ Seller Reputations (India)
===> Off-Topic (India)
=> Italiano (Italian)
===> Guide (Italiano)
===> Progetti
===> Discussioni avanzate e sviluppo
===> Trading, analisi e speculazione
===> Mercato
=====> Mercato valute
=====> Beni
=====> Servizi
=====> Esercizi commerciali
=====> Hardware/Mining (Italiano)
=====> Gambling (Italiano)
===> Accuse scam/truffe
===> Mining (Italiano)
===> Alt-Currencies (Italiano)
=====> Annunci
===> Raduni/Meeting (Italiano)
===> Crittografia e decentralizzazione
===> Off-Topic (Italiano)
=> 日本語 (Japanese)
===> アルトコイン
=> Nederlands (Dutch)
===> Markt
===> Gokken/lotterijen
===> Mining (Nederlands)
===> Beurzen
===> Alt Coins (Nederlands)
===> Off-topic (Nederlands)
===> Meetings (Nederlands)
=> Nigeria (Naija)
===> Politics and society (Naija)
===> Off-topic (Naija)
=> 한국어 (Korean)
===> 대체코인 Alt Coins (한국어)
=> Pilipinas
===> Altcoins (Pilipinas)
=====> Altcoin Announcements (Pilipinas)
===> Pamilihan
===> Others (Pilipinas)
=> Polski
===> Tablica ogłoszeń
===> Alternatywne kryptowaluty
=====> Nowe kryptowaluty i tokeny
=====> Tablica ogłoszeń (altcoiny)
=> Português (Portuguese)
===> Primeiros Passos (Iniciantes)
===> Economia & Mercado
===> Mineração em Geral
===> Desenvolvimento & Discussões Técnicas
===> Criptomoedas Alternativas
===> Brasil
===> Portugal
=> Русский (Russian)
===> Новички
===> Бизнес
=====> Барахолка
=====> Обменники
===> Идеи
===> Кодеры
===> Майнеры
===> Политика
===> Трейдеры
===> Альтернативные криптовалюты
=====> Токены
=====> Бayнти и aиpдpoпы
===> Хайпы
===> Работа
===> Разное
===> Oбcyждeниe Bitcoin
=====> Новости
=====> Юристы
=> Română (Romanian)
===> Anunturi importante
===> Offtopic
===> Market
=====> Discutii Servicii
===> Minerit
===> Tutoriale
===> Bine ai venit!
===> Presa
===> Altcoins (Monede Alternative)
=====> Anunturi Monede Alternative
=> Skandinavisk
=> Türkçe (Turkish)
===> Bitcoin Haberleri
===> Pazar Alanı
===> Madencilik
===> Ekonomi
===> Servisler
=====> Fonlar
===> Proje Geliştirme
===> Alternatif Kripto-Paralar
=====> Madencilik (Alternatif Kripto-Paralar)
=====> Duyurular (Alternatif Kripto-Paralar)
===> Konu Dışı
===> Yeni Başlayanlar & Yardım
===> Buluşmalar
=> Other languages/locations
Loading...