BitCoin Plunges Following US Government Seizure - GoFuckYourself.com

CAHEK · 10-02-2013, 10:52 AM

Earlier today, one of the most popular websites that use and promote the use of BitCoin, Silk Road, was shut down by the US government. As Reuters reports, U.S. law enforcement authorities raided an Internet site that served as a marketplace for illegal drugs, including heroin and cocaine, and arrested its owner, the Federal Bureau of Investigation said on Wednesday. The FBI arrested Ross William Ulbricht, known as "Dread Pirate Roberts," in San Francisco on Tuesday, according to court filings. Federal prosecutors charged Ulbricht with one count each of narcotics trafficking conspiracy, computer hacking conspiracy and money laundering conspiracy, according to a court filing. Anyone visiting the site would be greeted with the following "game over" screen.

Where is Franck ?

nexcom28 · 10-02-2013, 10:54 AM

Just read this and spotted the pattern. If the feds 'destroy' the 3 million in seized bitcoin it should help the price though.

2012 · 10-02-2013, 10:57 AM

http://www.listentobitcoin.com/

fris · 10-02-2013, 12:16 PM

wasnt as much to do with boitcoin as much as it was for people paying for hitmen ;)

AsianDivaGirlsWebDude · 10-02-2013, 12:17 PM

Quote:

The complaint alleges that not only did Ulbricht manage and maintain a site that facilitated more than $1.2 billion worth of mostly illegal transactions in its two-and-a-half years of operation, he also solicited a hitman to murder someone who was threatening to reveal the names of several thousand Silk Road users (While Ulbricht apparently paid the assassin, the FBI can find no evidence that the hit ever took place).

The feds caught Ulbricht?s scent after Canadian authorities randomly intercepted a package of fake IDs that was en route to Ulbricht?s San Francisco address. From there, they were able to accumulate enough circumstantial evidence to convince them that Ulbricht was Dread Pirate Roberts.

ADG

baddog · 10-02-2013, 12:38 PM

Who could have seen that coming?

JockoHomo · 10-02-2013, 12:41 PM

Sounds like a leaked script of an episode of Breaking Bad that was never produced!

marlboroack · 10-02-2013, 03:09 PM

I knew it

NaughtyRob · 10-02-2013, 03:10 PM

Everyone knew it would happen. No surprise.

adultmobile · 10-02-2013, 03:38 PM

For the moment is just -10%. Perhaps not everyone know the news yet.

seeandsee · 10-02-2013, 03:40 PM

Lol shitcoins are going down!

you fucking gamblers...

Forest · 10-02-2013, 05:40 PM

http://money.cnn.com/2013/10/02/tech...own/index.html

Over the past two and a half years, the FBI said the site generated revenue worth more than 9.5 million bitcoins -- valued at $1.3 billion early Wednesday.

The FBI said Ulbricht's net worth was essentially his value in Silk Road's commissions, which totaled more than 600,000 bitcoins ($85 million).

damn

AllAboutCams · 10-02-2013, 05:51 PM

Dont forget about litecoin

jscott · 10-02-2013, 06:20 PM

Quite a nice recovery, on the BTC price

:

The Silk Road only made Bitcoins look worse, so it's a good thing for BTC imho, for the long run

:

tokmansta · 10-02-2013, 08:02 PM

Quote:

Originally Posted by adultmobile

For the moment is just -10%. Perhaps not everyone know the news yet.

Did you get that from mtgox or bitstamp?

$5 submissions · 10-02-2013, 09:18 PM

Quote:

Originally Posted by baddog

Who could have seen that coming?

yep

ilnjscb · 10-03-2013, 01:02 AM

Who could have thought that all the people who got together in a group to self identify as law evaders would draw the attention of the FBI? I'm shocked, Shocked!

JFK · 10-03-2013, 01:59 AM

Quote:

Originally Posted by JockoHomo

Sounds like a leaked script of an episode of Breaking Bad that was never produced!

adultmobile · 10-03-2013, 01:04 PM

weekly change is only -5% now... this shows how much bitcoin is used for things other than drugs.. for example gambling

$5 submissions · 10-03-2013, 08:52 PM

Quote:

Originally Posted by adultmobile

weekly change is only -5% now... this shows how much bitcoin is used for things other than drugs.. for example gambling

Do most online casinos take btc?

10-02-2013, 10:52 AM	#1
CAHEK C.C.C.P. Industry Role: Join Date: Aug 2003 Location: Novorossiya Posts: 7,027	BitCoin Plunges Following US Government Seizure Earlier today, one of the most popular websites that use and promote the use of BitCoin, Silk Road, was shut down by the US government. As Reuters reports, U.S. law enforcement authorities raided an Internet site that served as a marketplace for illegal drugs, including heroin and cocaine, and arrested its owner, the Federal Bureau of Investigation said on Wednesday. The FBI arrested Ross William Ulbricht, known as "Dread Pirate Roberts," in San Francisco on Tuesday, according to court filings. Federal prosecutors charged Ulbricht with one count each of narcotics trafficking conspiracy, computer hacking conspiracy and money laundering conspiracy, according to a court filing. Anyone visiting the site would be greeted with the following "game over" screen. Where is Franck ? __________________ Pharma from True-Meds. High converting shop in Europe and USA, fast payouts via BTC !!!

10-02-2013, 10:57 AM	#3
2012 So Fucking What Industry Role: Join Date: Jul 2006 Posts: 17,189	http://www.listentobitcoin.com/ __________________ best host: Webair \| best sponsor: Kink \| best coder: 688218966 \| Go Fuck Yourself

10-02-2013, 12:16 PM	#4
fris Too lazy to set a custom title Industry Role: Join Date: Aug 2002 Posts: 55,372	wasnt as much to do with boitcoin as much as it was for people paying for hitmen ;) __________________ Since 1999: 69 Adult Industry awards for Best Hosting Company and professional excellence. WP Stuff

10-02-2013, 03:10 PM	#9
NaughtyRob Two fresh affiliate progs Industry Role: Join Date: Nov 2004 Location: Inside teen pussy Posts: 29,602	Everyone knew it would happen. No surprise. __________________ [email protected] Skype: 17026955414 Vacares Web Hosting - Protect Your Ass with Included Daily Backups

10-02-2013, 03:38 PM	#10
adultmobile No, I am not banned Industry Role: Join Date: Nov 2003 Location: ChatGF.com Posts: 5,345	For the moment is just -10%. Perhaps not everyone know the news yet. __________________ TubeCamGirl.com

10-02-2013, 10:54 AM	#2
nexcom28 So Fucking Banned Join Date: Jan 2005 Posts: 3,716	Just read this and spotted the pattern. If the feds 'destroy' the 3 million in seized bitcoin it should help the price though.

10-02-2013, 12:38 PM	#6
baddog So Fucking Banned Industry Role: Join Date: Apr 2001 Location: the beach, SoCal Posts: 107,089	Who could have seen that coming?

10-02-2013, 12:41 PM	#7
JockoHomo "LIKE I GIVE A SHIT" Industry Role: Join Date: Jun 2013 Location: Dark side of the moon Posts: 1,523	Sounds like a leaked script of an episode of Breaking Bad that was never produced!

10-02-2013, 03:09 PM	#8
marlboroack So Fucking Banned Industry Role: Join Date: Jul 2010 Location: ☣ Posts: 9,327	I knew it

10-02-2013, 03:40 PM	#11
seeandsee Check SIG! Industry Role: Join Date: Mar 2006 Location: Europe (Skype: gojkoas) Posts: 50,945	Lol shitcoins are going down! you fucking gamblers... __________________ BUY MY SIG - 50$/Year Contact here

10-02-2013, 05:40 PM	#12
Forest Confirmed User Industry Role: Join Date: Aug 2001 Location: Hollywood Fl. Posts: 8,981	http://money.cnn.com/2013/10/02/tech...own/index.html Over the past two and a half years, the FBI said the site generated revenue worth more than 9.5 million bitcoins -- valued at $1.3 billion early Wednesday. The FBI said Ulbricht's net worth was essentially his value in Silk Road's commissions, which totaled more than 600,000 bitcoins ($85 million). damn

10-02-2013, 05:51 PM	#13
AllAboutCams Femcams.com Industry Role: Join Date: Jul 2011 Location: bjcam.com Posts: 12,223	Dont forget about litecoin __________________ Binance - Blockchain and Crypto Asset Exchange Chaturbate make money in cams

10-02-2013, 06:20 PM	#14
jscott So Fucking Banned Industry Role: Join Date: Feb 2001 Location: Taipei Posts: 25,198	Quite a nice recovery, on the BTC price : The Silk Road only made Bitcoins look worse, so it's a good thing for BTC imho, for the long run :

10-03-2013, 01:02 AM	#17
ilnjscb Confirmed User Industry Role: Join Date: Jun 2009 Posts: 8,869	Who could have thought that all the people who got together in a group to self identify as law evaders would draw the attention of the FBI? I'm shocked, Shocked!

10-03-2013, 01:04 PM	#19
adultmobile No, I am not banned Industry Role: Join Date: Nov 2003 Location: ChatGF.com Posts: 5,345	weekly change is only -5% now... this shows how much bitcoin is used for things other than drugs.. for example gambling __________________ TubeCamGirl.com