SilkRoad 2 Taken down by Feds

[ChiliPowder]

It was bound to happen, these DNM are scary to the core.

What do you guys think BTC is going to do, up or down?

[1714121317]

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[Beliathon]

It was bound to happen, these DNM are scary to the core.

What do you guys think BTC is going to do, up or down?

I don't think it matters. When a tree falls in the forest, the canopy is opened up to more sunlight, which in turns reaches the saplings at the forest floor, which will grow and eventually fill that space.

Ever since Silk Road 1.0 went down, there's been a robust variety of darkweb markets to choose from. Such is the power of decentralization.

[WestHarrison]

I think the market will simply adapt and find a different solution (that much is obvious). Regarding your specific question, it seems that BTC's monetary value works independently from daily news.

[ChiliPowder]

Yea we learned from the original one that more will pop up.

http://nymag.com/daily/intelligencer/2014/11/operator-of-silk-road-20-arrested-and-indicted.html

I dont mess with Dark Net suff as I dont do drugs but it is definetly interesting to watch.

This guy is looking at some time for 1 year of being the king.

Hope he spent the dogshit out of his money.

[Ron~Popeil]

I have taken a peak there from time to time out of curiosity. I am not a drug user but I think these sites actually have some utility in the harm reduction area. People will get their drugs. I would rather them get them in the mail or via fedex/ups from other bitcoin users than feed the cartels. 

[LiteCoinGuy]

https://twitter.com/NewYorkFBI/status/530386208099426304

[microchoveur]

Guys, we have to think about HOW people will react to this.

This will be obviously different from the last time, BTC went from 150$ to 1500$ because of Silkroad.
But people are not retarded, will people think it will do like the last time and dump ? If they do, it will obviously dump because they will sell every BTC they have.
What will happen if they don't, the BTC price will be unchanged ?

[EFS]

Silkroad 1 closed, bitcoin price skyrocketed and saw ATH, now Silkroad 2 close, I can't imagine

But it crashed first 2 days, don't forget.

[SpanishSoldier]

It was bound to happen, these DNM are scary to the core.

What do you guys think BTC is going to do, up or down?

As per https://en.wikipedia.org/wiki/Silk_Road_(marketplace) SR 2.0 started on November 6, 2013. Exact 1 year and now it has been taken down while BTC is very low. Coincidence ?

[roslinpl]

Silkroad 1 closed, bitcoin price skyrocketed and saw ATH, now Silkroad 2 close, I can't imagine

But it crashed first 2 days, don't forget.

A year ago it was totally different situation.
I am pretty sure that closing down Silk Road 2 will not really change the price.

Ps. I am happy that Silk Road 2 is almost gone.

[EFS]

Ps. I am happy that Silk Road 2 is almost gone.

Why? You prefer dirty politicians and their gang relations than decentralized free market?

[BadBear]

https://twitter.com/NewYorkFBI/status/530386208099426304

I hate twitter with the force of a thousand suns, but some of the comments are gold.

"In other news, Silk Road 3.0 is now accepting orders."

"I'm all for it. Not because he was allegedly running Silk Road, but because he picked the handle "Defcon""

"I imagine @NewYorkFBI meant to say *alleged* operator. But then what's a little presumption of guilt in light of the panopticon."

"was it because he was doing a better job cutting down on drug crimes than you were? What's the point of the drug war again?"

[microchoveur]

It was bound to happen, these DNM are scary to the core.

What do you guys think BTC is going to do, up or down?

As per https://en.wikipedia.org/wiki/Silk_Road_(marketplace) SR 2.0 started on November 6, 2013. Exact 1 year and now it has been taken down while BTC is very low. Coincidence ?

OH MY GOD you're fucking right

What the fucking hell does that mean Does the US government want to strike hard and make BTC fall definetly ?

[LiteCoinGuy]

Open Bazar, please take command 

[bbit]

Silk Road 2.0  the owner https://twitter.com/blakeeb .

[LiteCoinGuy]

overview:

http://www.deepdotweb.com/2014/11/06/silk-road-2-seized/

[hilariousandco]

According to the complaint, the FBI was able to identify Benthall as Silk Road 2.0's operator partially due to IP logs given to them by Google, with which Benthall had a Gmail address.

Always seems to be silly mistakes that get them taken down.

The complaint also says Benthall recently purchased a Tesla Model S in Bitcoin, because of course he did.

Lol.

Open Bazar, please take command 

Exactly. Can't wait to see decentralised markets and exchanges come into operation.

[PolarPoint]

Silk road 2.0 is not going to affect the price of bitcoin now. It will do when the seized coins are auctioned off. Do we know how many coins were seized?

[ChiliPowder]

Looks like a few small time markets are also seized.

Hydra and C9.

Can anyone tell me about these markets?


https://twitter.com/NewYorkFBI/status/530386208099426304

The comments on the FBI's twitter are hilarious.

Chris DeRose ‏@derosetech 54m54 minutes ago
@NewYorkFBI was it because he was doing a better job cutting down on drug crimes than you were? What's the point of the drug war again?


V ‏@JSDRAM 2h2 hours ago
@NewYorkFBI @BarbarianCap In other news, Silk Road 3.0 is now accepting orders.


Ben Jackson ‏@innismir 1h1 hour ago

@thegrugq @ncardozo I'm all for it. Not because he was allegedly running Silk Road, but because he picked the handle "Defcon"
0 replies 0 retweets 0 favorites
Ben Jackson ‏@innismir 1h1 hour ago

@thegrugq @ncardozo Were "Crash Override" and "Lord Nikon" already taken?
0 replies 0 retweets 0 favorites

[SpanishSoldier]

Ps. I am happy that Silk Road 2 is almost gone.

Why? You prefer dirty politicians and their gang relations than decentralized free market?

SR or SR 2.0 were not decentralized free market. They were very much centralized. OpenBazaar aims to be a decentralized one.