Do you think some countries already adding BTC to their reserves?

[CoinCidental]

+ pirate@40 surely will have his coins confiscated when he gets to court for the BTCST

Alas, it appears that BTCST was a bitcoin-denominated Ponzi. As such, new investment was rolled into 'profits' for older investors. Consequently, little if any XBT is likely to remain.

I wish it were otherwise - I'd be ecstatic with even pennies on the dollar.

even if it was a ponzi ,many people didnt have time to withdraw anything
there shoud still be some surplus of coins if not the 500-700k btc  that some
people say was "invested"

others say there is only 230k btc when it imploded but surely these coins along
with the 640k btc  from all the silk rd wallets is nearly a million btc if not more

if these numbers are anywhere near accurate the us govt maybe in control of over 8%
of all the bitcoins mined so far .......from just these two guys

[bonker]

The recent China dump was a deliberate act of market manipulation by the Chinks to lower BTC price and allow China to add to its reserves... FACT!

Any country lumbered with USD will be unofficially buying BTC

You need to get your facts straight. China simply wanted to keep bitcoin separate from the banks and their fiat currency. When you put your fiat money do you really know what happens to it? Do you know the long-term damage that is caused to the government and the banking system when you take your fiat money out and put it into a digital currency like bitcoin? It doesn't sound like you do otherwise you wouldn't be making this accusations about China.

Banks aren't going to go down without a fight, expect to see more of this around the world and at the same time the media outlets reporting as they want you to see it an hear it but not what really is going on.

This is why I don't rarely watch the news on the TV, and see why now with the control the media has over people like yourself why the "wealthy" not the "rich" are raised without a TV.

 

Sorry buddy, could you re-phrase this rambling gibberish into a succinct and coherent arguement?

I restate: The Chinks deliberately manipulated the Bitcoin market recently so they could add it to their reserves... still a FACT!

the chinese goverment could buy every  coin in the exchanges if they wanted to
the fed is not the only one who can print shitloads of cash with nothing behind it lol
there would be no need to crash the price to get it cheaper for the likes of the chinese govt 

The best method is still a market crushing news flash so the chinks can buy out panicking yanks....

[TonyOliver]

The Chinese couldn't buy every bitcoin in existence as their purchasing program would affect the market - making the last bitcoin not owned by them incredibly valuable.

Think about it.

[EndTheFed321]

wishful thinking would be a YES, but the truth is that NO country has added BTC to their reserve 

[TonyOliver]

wishful thinking would be a YES, but the truth is that NO country has added BTC to their reserve 

Except the USA and Germany and Ireland who have all seized them from the proceeds of crime as discussed earlier in this thread.

[empoweoqwj]

One could argue the USA already has a substantial amount of BTC @ the FBI.

+ pirate@40 surely will have his coins confiscated when he gets to court for the BTCST

thats a very sustancial number  cominbined with the missing silk rd wallets if DPR ever gives them up

probably get waterboarded for them. nobody can stand that

would not be a bit surprised if they  throw him in a really  hardcore   prison where stuff like beatings or gangrape happens daily  until he gives the coins up and gets moved somewhere with a bit more protection ........

if i were him id probably give them the coins  but as soon as he does that hes lost his only bargaining chips
its a tough decision .....
theyre going to throw the book at him anyway for making them look silly for all the  years they were unable to catch him

He'll give the coins up in the spirit of co-operation i.e. attempt at sentence reduction. probably no waterboarding needed in reality

[TonyOliver]

He wants to keep them apparently

http://www.huffingtonpost.com/2013/12/23/silk-road-bitcoin-30-million_n_4493150.html  

[TonyOliver]

It's an interesting stance really - if they do keep them - they legitimise them as a real asset.

[empoweoqwj]

He wants to keep them apparently

http://www.huffingtonpost.com/2013/12/23/silk-road-bitcoin-30-million_n_4493150.html  

Says "he wants them back". Well that means he's given them up already 

[CoinCidental]

He wants to keep them apparently

http://www.huffingtonpost.com/2013/12/23/silk-road-bitcoin-30-million_n_4493150.html  

Says "he wants them back". Well that means he's given them up already 

they might have his laptop showing the coin balance  but not the password  to spend the coins ?

[empoweoqwj]

He wants to keep them apparently

http://www.huffingtonpost.com/2013/12/23/silk-road-bitcoin-30-million_n_4493150.html  

Says "he wants them back". Well that means he's given them up already 

they might have his laptop showing the coin balance  but not the password  to spend the coins ?

yeah, quite likely, could do with some clarity on this. Its intriguing

[CoinCidental]

He wants to keep them apparently

http://www.huffingtonpost.com/2013/12/23/silk-road-bitcoin-30-million_n_4493150.html  

Says "he wants them back". Well that means he's given them up already 

they might have his laptop showing the coin balance  but not the password  to spend the coins ?

yeah, quite likely, could do with some clarity on this. Its intriguing

i believe he has travelled around the world in the years silk rd was running  and was applying for a new
citizenship in another country when they caught him

he could easily have left a cd or usb key  in a foreign country with a few encrypted wallet files on it while travelling

its not difficult to rent a safe  deposit box or even a mailbox  in many  countries with just cash which maybe where the
other 500,000 btc are 

[btcmonster]

nope not yet !!!

[jubalix]

I wonder if there is any animosity regarding the fact the creator has a Japanese name - they aren't the best of friends the Chinese and Japanese.

With a traditional computer that is essentially true - but couldn't a quantum computer perform an infinite amount of computations in a finite time? Or have I misunderstood the principle of quantum computing. I wouldn't put it past the NSA having this technology. Alternatively they may have a back door into the current encryption method - which is probably worth more to them not to reveal.  

OK, welcome to the forums glad you made it. So please dont take this the wrong way:

You need to read more on here (lurk) and use the search function before you start posting these brain farts of yours all over the place.

All of these points you mentioned have been discussed ad nauseam on BTCTalk. By people with IQs much higher than you or me.

BTCTalk is a great place to learn and remember what being a student is like:

Be quiet in class, listen carefully to the teachers and smart kids and DO YOUR HOMEWORK!  

that was a bit harsh...we need to welcome people nicely, also it is perhaps a fault of this forum not to have a faq board with all the popular questions linked in threads......then we would avoid a lot of these issues, and I mean its not like this forum is underfunded....

[empoweoqwj]

He wants to keep them apparently

http://www.huffingtonpost.com/2013/12/23/silk-road-bitcoin-30-million_n_4493150.html  

Says "he wants them back". Well that means he's given them up already 

they might have his laptop showing the coin balance  but not the password  to spend the coins ?

yeah, quite likely, could do with some clarity on this. Its intriguing

i believe he has travelled around the world in the years silk rd was running  and was applying for a new
citizenship in another country when they caught him

he could easily have left a cd or usb key  in a foreign country with a few encrypted wallet files on it while travelling

its not difficult to rent a safe  deposit box or even a mailbox  in many  countries with just cash which maybe where the
other 500,000 btc are 

according to the techchrunch story yesterday, his lawyers were asking for the coins *back*, so lord only knows what is actually occurring.

[CoinCidental]

He wants to keep them apparently

http://www.huffingtonpost.com/2013/12/23/silk-road-bitcoin-30-million_n_4493150.html  

Says "he wants them back". Well that means he's given them up already 

they might have his laptop showing the coin balance  but not the password  to spend the coins ?

yeah, quite likely, could do with some clarity on this. Its intriguing

i believe he has travelled around the world in the years silk rd was running  and was applying for a new
citizenship in another country when they caught him

he could easily have left a cd or usb key  in a foreign country with a few encrypted wallet files on it while travelling

its not difficult to rent a safe  deposit box or even a mailbox  in many  countries with just cash which maybe where the
other 500,000 btc are 

according to the techchrunch story yesterday, his lawyers were asking for the coins *back*, so lord only knows what is actually occurring.

i think the 140,000 coins were the from  SR escrow wallet belonging to the customers and sellers (not DPRs wages )
investigators  have the transaction history of SR so
they  say  DPR made around  650,000 btc in his three years

he was likely the richest  man in the btc world bar satoshi

[empoweoqwj]

He wants to keep them apparently

http://www.huffingtonpost.com/2013/12/23/silk-road-bitcoin-30-million_n_4493150.html  

Says "he wants them back". Well that means he's given them up already 

they might have his laptop showing the coin balance  but not the password  to spend the coins ?

yeah, quite likely, could do with some clarity on this. Its intriguing

i believe he has travelled around the world in the years silk rd was running  and was applying for a new
citizenship in another country when they caught him

he could easily have left a cd or usb key  in a foreign country with a few encrypted wallet files on it while travelling

its not difficult to rent a safe  deposit box or even a mailbox  in many  countries with just cash which maybe where the
other 500,000 btc are 

according to the techchrunch story yesterday, his lawyers were asking for the coins *back*, so lord only knows what is actually occurring.

i think the 140,000 coins were the from  SR escrow wallet belonging to the customers and sellers (not DPRs wages )
investigators  have the transaction history of SR so
they  say  DPR made around  650,000 btc in his three years

he was likely the richest  man in the btc world bar satoshi

650,000 btc in "wages" - omg - he should have quit whilst he was ahead ..........

[laihappy]

china not!
fuck china!

[empoweoqwj]

china not!
fuck china!

Care to expand your essay?

[mprep]

china not!
fuck china!

Care to expand your essay?

I don't think he needs too. His bold statement completely explains his opinion to the level of his intelligence.