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LostDutchman
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June 14, 2014, 03:53:49 AM |
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You know what the US gov can also do with the coins once sold? Track them for a long time. The bidder does not truly buy "clean" coins.
This could be an experiment for them to learn how successful they can be at following these sold coins.
Oh, no! Surely the federal police of the Land of The Free And Home of The Brave would never do anything like that? |
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MeadowView
Member
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Activity: 113
Merit: 10
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June 14, 2014, 04:00:47 AM |
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A little literature has appeared on blockchain.info, a derivation of Francisco d'Anconia's money speech from Atlas Shrugged to be precise. Compared to the usual drivel left in public notes, I have to say I found this quite enlightening. Thought it's worth a share. https://blockchain.info/address/1i7cZdoE9NcHSdAL5eGjmTJbBVqeQDwgw |
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BayAreaCoins
Legendary
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Activity: 3920
Merit: 1242
Owner at AltQuick.com & FreeBitcoins.com
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June 14, 2014, 04:58:45 AM |
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I just wonder what they did with
A: The bitcoins they earned from selling the Cocaine to the SR vendors.
and
B: Why they didn't announce "Supertrips" bitcoin auction similar to this way? Maybe they just sold them on bitstamp.
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ShakyhandsBTCer
Sr. Member
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Activity: 448
Merit: 250
It's Money 2.0| It’s gold for nerds | It's Bitcoin
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June 14, 2014, 04:58:17 PM |
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I just wonder what they did with
A: The bitcoins they earned from selling the Cocaine to the SR vendors.
and
B: Why they didn't announce "Supertrips" bitcoin auction similar to this way? Maybe they just sold them on bitstamp.
a - those coins were not seized, they were voluntarily given to the FBI, so the FBI would not need to dispose of them in the same way. b - this was likely a much smaller amount so they would not need to generate as much interest to be able to sell them. |
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joshraban76
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June 14, 2014, 05:00:25 PM |
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OP, do you think that the FBI will listen to us ?
There are issues which are beyond all of us.
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ShakyhandsBTCer
Sr. Member
Offline
Activity: 448
Merit: 250
It's Money 2.0| It’s gold for nerds | It's Bitcoin
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June 15, 2014, 06:07:53 AM |
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OP, do you think that the FBI will listen to us ?
There are issues which are beyond all of us.
You would probably have a greater chance that they would not sell the coins if we told them that we wanted them to sell the coins. |
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DrG
Legendary
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Activity: 2086
Merit: 1035
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June 15, 2014, 06:31:32 AM |
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If you asked the FBI to HODL the coins they would ignore you. Ask them to hold the coins and perhaps.....nah they won't.
Are we still using hodl?
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Ibistru
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June 15, 2014, 12:37:01 PM |
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BTW the real question is... why should they hold the coins? And why I should care?  |
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CaptainBeck
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June 15, 2014, 12:44:48 PM |
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BTW the real question is... why should they hold the coins? And why I should care? You should care because, erm, erm, because erm..... yeah not sure i care that they have them. What will be nice is seeing these coins back in gen pop and being spend/traded around, at the rate BTC is dropping the FBI wont make the 17mil they hope for. |
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xhomerx10
Legendary
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Activity: 3836
Merit: 8008
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June 15, 2014, 12:51:37 PM |
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yeah they too can hodl them and benefit if bitcoin goes to moon!..
no point in selling now...they too can add wealth to FBI..
maybe buy some FBI gadgets using bitcoins.
Yes they should hold them. 30,000 coins X 1,000,000 per coin in 2017 could pay down the debt by a few percent!  Actually, with the national debt at 17.5 trillion dollars, those bitcoins even at 1 million dollars each would pay only 0.17% of the debt.... not even close to a few percent. Why does the US marshals office get the proceeds from these anyway?! If anything they should donate them to charities. |
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CaptainBeck
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June 15, 2014, 12:55:12 PM |
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yeah they too can hodl them and benefit if bitcoin goes to moon!..
no point in selling now...they too can add wealth to FBI..
maybe buy some FBI gadgets using bitcoins.
Yes they should hold them. 30,000 coins X 1,000,000 per coin in 2017 could pay down the debt by a few percent! Actually, with the national debt at 17.5 trillion dollars, those bitcoins even at 1 million dollars each would pay only 0.17% of the debt.... not even close to a few percent. Why does the US marshals office get the proceeds from these anyway?! If anything they should donate them to charities. To cover the cost of doing all the arrests in the first place. But yes more money should go to charities. I made some first BTC trades for people if they paid charities and i gave them BTC in exchange. Nothing major like $10 here and there, but more should be done from people. |
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xhomerx10
Legendary
Offline
Activity: 3836
Merit: 8008
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June 15, 2014, 12:56:37 PM |
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HODLLLLLLLL!!
Is this a meme I have missed out on? Is it something like pwned? |
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xhomerx10
Legendary
Offline
Activity: 3836
Merit: 8008
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June 15, 2014, 12:58:51 PM |
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yeah they too can hodl them and benefit if bitcoin goes to moon!..
no point in selling now...they too can add wealth to FBI..
maybe buy some FBI gadgets using bitcoins.
Yes they should hold them. 30,000 coins X 1,000,000 per coin in 2017 could pay down the debt by a few percent! Actually, with the national debt at 17.5 trillion dollars, those bitcoins even at 1 million dollars each would pay only 0.17% of the debt.... not even close to a few percent. Why does the US marshals office get the proceeds from these anyway?! If anything they should donate them to charities. To cover the cost of doing all the arrests in the first place. But yes more money should go to charities. I made some first BTC trades for people if they paid charities and i gave them BTC in exchange. Nothing major like $10 here and there, but more should be done from people. So they make money by busting as many people as possible. Great system! How do I get in on that action? |
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CaptainBeck
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June 15, 2014, 01:01:52 PM |
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yeah they too can hodl them and benefit if bitcoin goes to moon!..
no point in selling now...they too can add wealth to FBI..
maybe buy some FBI gadgets using bitcoins.
Yes they should hold them. 30,000 coins X 1,000,000 per coin in 2017 could pay down the debt by a few percent! Actually, with the national debt at 17.5 trillion dollars, those bitcoins even at 1 million dollars each would pay only 0.17% of the debt.... not even close to a few percent. Why does the US marshals office get the proceeds from these anyway?! If anything they should donate them to charities. To cover the cost of doing all the arrests in the first place. But yes more money should go to charities. I made some first BTC trades for people if they paid charities and i gave them BTC in exchange. Nothing major like $10 here and there, but more should be done from people. So they make money by busting as many people as possible. Great system! How do I get in on that action? Start a country and start busting people for doing things you dont want them to do. Easy......  |
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xhomerx10
Legendary
Offline
Activity: 3836
Merit: 8008
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June 15, 2014, 01:12:36 PM |
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yeah they too can hodl them and benefit if bitcoin goes to moon!..
no point in selling now...they too can add wealth to FBI..
maybe buy some FBI gadgets using bitcoins.
Yes they should hold them. 30,000 coins X 1,000,000 per coin in 2017 could pay down the debt by a few percent! Actually, with the national debt at 17.5 trillion dollars, those bitcoins even at 1 million dollars each would pay only 0.17% of the debt.... not even close to a few percent. Why does the US marshals office get the proceeds from these anyway?! If anything they should donate them to charities. To cover the cost of doing all the arrests in the first place. But yes more money should go to charities. I made some first BTC trades for people if they paid charities and i gave them BTC in exchange. Nothing major like $10 here and there, but more should be done from people. So they make money by busting as many people as possible. Great system! How do I get in on that action? Start a country and start busting people for doing things you dont want them to do. Easy...... That's a good idea. I could make millions of inane laws to enforce as well. This is going to be lucrative! Anyone wanting in on my IPO, I'll be listing with Havalock next week. First thousand buyers get to create an absurd law and become honorary deputies. 30% of the take goes back into creating a larger system whereby we raid other countries and push our laws on those unsuspecting "criminals" as well. The reminder will be paid back in dividends. Oh and by the way unregistered securities are illegal in this system... just so you know |
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CaptainBeck
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June 15, 2014, 01:13:41 PM |
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We need some land first, maybe we could take it with force from someone else because they are lesser than us.
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xhomerx10
Legendary
Offline
Activity: 3836
Merit: 8008
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June 15, 2014, 01:16:12 PM |
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We need some land first, maybe we could take it with force from someone else because they are lesser than us.
Yeah and well want it to be someplace warm with a nice view. |
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Bobsurplus
Legendary
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Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
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June 15, 2014, 01:18:57 PM |
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I don't know if anyone here mentioned this but the FBI are not selling any BTC, its us US Marshalls! Huge difference if anyone here is really planning on sending an email anywhere!  |
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bitgold
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June 15, 2014, 01:22:29 PM |
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Be careful what you wish for. Why do you want them to hold bitcoin?
Decentralized crypto currency leaves no place for top down entities. It just feels odd.
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