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Silk Road 3.1 | DeepOnionWeb
Read the Transcript of Silk Road's Boss Ordering 5
silk road | PBS NewsHour
Stupid idea to get bitcoins put straight into my silk road bitcoin address?
Had my bitcoin wallet downloading the latest cache since yesterday and it's only about 10% done. If I bought bitcoins from a website and got the person to deposit it straight into my silk road account address, would this be stupid and lead me to getting caught?
I am looking to buy bitcoins with cash using BitInstant, and was wondering how exactly this service works. Can I do a cash deposit direct to my temporary Silk Road bitcoin address, or do I have to go through Mt. Gox? Once the order has been placed, do I just take the slip to the location and pay the cash? Does the information I input have to be real? (Will my ID be checked?) Thanks!
So last wednesday I transferred a certain amount of bitcoins from my online Bitstamp wallet to my Silk Road bitcoin address. We are friday now, of these bitcoins have shown up yet. What could be the problem and what should I do? Any help is very much appreciated. This was going to be my first transaction with Silk Road, so I would like to apologize in advance for any stupid questions I might have asked. Best regards, Odal88
Im releasing a paper soon called "The life of a bitcoin troll" It will cover everything from cryptsy to silk road to securing r/btc, to handing it to Roger Ver, Vacationing, Ico's, having to change physical addresses, bitcoin forks....etc
Im releasing a paper soon called "The life of a bitcoin troll" It will cover everything from cryptsy to silk road to securing btc, to handing it to Roger Ver, Vacationing, Ico's, having to change physical addresses, bitcoin forks, Paycoin, private chat rooms, behind the scenes emails, steemit and much much more. Its going to be a behind the scenes - lets have some fecking fun type of paper. I hope you enjoy it and learn something from it. No one is free of sin including me. Its going to be fun. Stay tuned.
Who Owns the World’s Biggest Bitcoin Wallet? The FBI "The FBI now controls more than 144,000 bitcoins that reside at a bitcoin address that consolidates much of the seized Silk Road bitcoins. Those 144,000 bitcoins are worth close to $100 million at Tuesday’s exchange rates."
Theory on what caused today's bitcoin price swings: trading bots monitoring Silk Road addresses that were trying to automatically sell-off before FBI sold theirs?
This is just my pet theory (without any data to back it up) for what may have spurred the price fluctuations today. I'd personally considered making a trading bot that would monitor for any movements of the FBI-seized bitcoins, thinking that it might be a good idea to automatically sell off a bunch before they started to flow into exchanges all at once (potentially abruptly lowering the price). I have to wonder if other people had similar ideas and followed through, causing the dip from $630 → $550, and only started turning the bots off/reversing course after seeing that the coins had been moved in order to be put into private auction?
Im releasing a paper soon called "The life of a bitcoin troll" It will cover everything from cryptsy to silk road to securing r/btc, to handing it to Roger Ver, Vacationing, Ico's, having to change physical addresses, bitcoin forks....etc /r/btc
Anonymous Bitcoin Wallet/Address necessary for Silk Road?
Hey all - Interested in making some small drug purchases off the SR and this will be my first time. Already looked into precautions such as TOR, a VPN, and encryption with a PGP. However I realized that when I purchase Bitcoins using Coinbase, I'm directly entering my bank account which is pretty much a direct trail back to me. Is worrying about acquiring an anonymous BitCoin wallet/address unnecessary for a simple drug purchase off the SR? Thanks
The state of financial privacy in 2020 Note: You can read this in a friendlier format with images over on Medium - https://medium.com/@johnfoss/the-elephant-in-the-room-34e061f5912a The erosion of personal privacy is gaining momentum since the coronavirus pandemic took hold. Worldwide, there have been numerous calls by governments and social commentators to increase the surveillance of citizens in hope of controlling the virus. Corporations such as Google and Apple, along with countries such as Singapore, Germany, Belgium, USA, and South Korea have been utilizing smartphone data in different capacities to monitor the movements of citizens. Many believe the implementation of new surveillance measures will calcify and become the new norm, setting precedence for further encroachment. Mainstream media has also begun supporting the notion of increased surveillance to serve social and financial needs. A recent Bloomberg opinion piece discussed the need for increased surveillance, pointing out the financial system we operate within is fractured and inefficient when dealing with wide spread social and economic problems. Once again, government over-reach of citizens’ privacy is a considered solution to our problems. Countries such as Sweden (which is expected to go entirely cashless by 2023) have been leading the charge in moving to a cashless world, and in Australia the government is preparing to ban cash transactions over ten thousand dollars in order to increase monitorization. This road to a cashless society is being sped up by the coronavirus pandemic. There is correlation between countries where ‘cash is king’ and a high number of coronavirus infections. Many retail stores are now too afraid to accept cash due to possible virus transmission, with some outright refusing to transact with cash. The erosion of privacy, and the gradual transition from cash to digital financial transactions leads us to murky waters. Will we be able to conduct private financial transactions five to ten years from now? Throughout the past decade, unorthodox individuals turned to Bitcoin in order to transact privately. This led to the inception of popular online darknet markets such as the Silk Road. However, many of the darknet markets proved to be unreliable and short-lived. It soon became apparent to Bitcoin users that Bitcoin is not private, and many of those conducting transactions in relation to darknet markets were identified and prosecuted. Blockchain analytic companies such as Chainanalysis gained traction and suddenly Bitcoin tumblers were found to be ineffective. Blockchain analytic companies take advantage of Bitcoin’s transparent blockchain, analysing data and tracking transaction outputs. The blockchain analytic company then sells this information to cryptocurrency exchanges and government organisations so they can link Bitcoin addresses to specific users. Many Bitcoin advocates tout Bitcoin can be used privately via the use of newer tumbling technologies, however this is a somewhat arduous process with no guarantee of its effectiveness. In December 2019 Chainanalysis demonstrated how they tracked transactions mixed via Wasabi Wallet that were associated with the PlusToken scam. Tumbling also leads to the possibility of coin taint, whereas certain Bitcoin may be perceived to be less valuable because they can be identified as being associated with nefarious activities, and as a result exchange services may confiscate coins when a user attempts to sell them. While Bitcoin holds many desirable characteristics of sound money, many prominent figures within the Bitcoin space have repeatedly discussed on the need for default privacy and fungibility. However, as was seen in previous years’ block size dispute, the issue of privacy will come with great lengthy debate as stakeholders attempt to reach a consensus that does not impact upon the characteristics of Bitcoin. As change within the social and financial landscape continues to accelerate, those seeking financial privacy may turn to Monero. Monero is the elephant in the room. Monero is a cryptocurrency similar to Bitcoin and shares many of the same characteristics of sound money, however it also provides default privacy. Unlike other privacy focused cryptocurrencies, privacy isn’t opt-in, so all transactions and wallet amounts are unknown and indistinguishable from one another. Every unit of Monero is valued equally as no matter its history. This allows Monero to be truly fungible, and eradicates any possibility of coin taint. It has proven this in a number of cases. For example, exchanges have been hesitant to list Monero due to KYC/AML compliance issues it raises because it is impossible to determine transaction history. If Monero provides financial privacy solutions, why is Monero being ignored? Firstly, while most deem privacy to be important, many are yet to find it necessary to adopt privacy technologies. There are many easy to use privacy solutions such as Signal or DuckDuckGo, however these are not widely used as users opt for convenience instead. As surveillance increases and data collected is harnessed to marginalize or punish users, it is like that privacy technologies will become extremely desirable. Additionally, acquiring Monero can be difficult or inconvenient for some, as cryptocurrency exchanges must comply with laws and regulations, and may perceive it to be a risk listing an untraceable cryptocurrency. This also leads to lower liquidity than other cryptocurrencies. Monero remains a community driven project. Public figures such as John McAfee and Crypto Vigilante continue to advocate the use of Monero ahead of Bitcoin. Due to its humble and open-source nature, Monero isn’t widely promoted even though it maintains the third largest cryptocurrency community on Reddit after Bitcoin and Ethereum. In respect to the technology, Monero’s hashrate has steadily been increasing over time, and the number of daily transactions taking place on the Monero blockchain are higher than ever. The Monero Research Lab continues its research in order to improve the protocol. Over the past few years these improvements resulted in reduced transaction fees, and enhanced scalability and privacy. In just a few years from now, it is extremely likely traditional financial systems will not provide the capacity to transact privately. Banks will be required to ask questions regarding why certain transactions took place, and recorded transaction data will be sold to third parties. As the erosion of our privacy continues to accelerate, it won’t be long until Monero gains the use and recognition it deserves, and price reflects this. Monero is what people think Bitcoin is. Feel free to share or publish this article as you wish.
ε> that's the lower case E in greek source: I'm a Cypriot. Still don't believe me? Then why? Just google it? but really... Don’t believe me? While let me tell you a wee bit more about me since you know just about everything already but don’t let this information gain hands to anyone else or every single ”naughty” picture I have of you will go viral and there won’t be an way to stop it. It all started back in 2011, freshman year. I found a jailbreak repo that allowed me to get anything and everything from Amazon for free. Once I received my items, I went back to amazon and sold them as a third party vendor. This lasted for about 8 months until a patch was developed. At that time, I had about $25,000. I had to do more. This is when I learned about the deep web and Silk Road. I found an Amazon employee on the deep web with verified credentials whom allowed me access to his 50% off discount for a small fee. I used this to kick-start my earnings for a while later. Scamming amazon eventually got me into the market of selling hacked Paypal accounts via bitcoins as well as skimmed credit cards and very, very, small amounts of counterfeit currencies. By Q2, 2014, I met you. I stopped everything and devoted everything I could to you while staying under the radar besides selling a few fake IDs. I decided to change every aspect of my life to better myself and just sit on investments, cashing out small percentages at high points in the market and then reinvesting. I recently got back into the market and found a guy on the deep web who has doubled my earnings. By August 9, 2016, FDA regulations on vaping devices are going to and all manufacturers to sell their products on the deep web, which, in return, will triple my bitcoin exchange. You sending me this text has allowed me to clone your SIM. If you tell anyone, I will know. I have extracted your IP and MAC address from the friend request you have sent me on Facebook. I have also documented your MAC address and IP from a Skype conversation you had with a certain somebody not to long ago. Anything you say, I WILL know and I will hit back [email protected] I also have access to your bank account if need be. I will not do anything unless need be
How financial system has changed its rigid views in favor of cryptocurrencies. by StealthEX It goes without saying that the real value of anything can be judged only through practical, everyday use of it. With Bitcoin, as with cryptocurrencies in general, it is no different. Although the concept of a decentralized digital ledger as it is represented by the leading cryptocurrency may seem enticing and masterly on its own, ultimately, it still comes down to the actual application and usability in real life. And this is where BTC adoption within the existing financial system comes into play as one metric to gauge its genuine success or utmost failure, arguably the most telling and important one.
A medium of exchange
Bitcoin was envisioned as a peer-to-peer electronic cash system, synonymous with the idea of using it as a medium of exchange or means of payment (the latter two being essentially six of one and half a dozen of the other). As everything big out there, Bitcoin started small. What went completely unnoticed in 2008 now came to be a major factor capable of affecting the entire global financial system. But before that, Bitcoin was used as a means of exchange and payment in the markets which shouldn’t have been there in the first place. These were the days when the Dark Web was the primary and likely only driver behind Bitcoin adoption rate, and that’s also happened to be the reason why so many governments turned heavily against it back in the day. Bitcoin had received a bad rap as a currency for conducting illegal operations, mostly selling drugs on black markets like now-defunct Silk Road. It was not until late 2012 that Bitcoin started to attract attention of the general public after the launch of Coinbase in the summer of that year. Around that time the first attempts to regulate the top cryptocurrency had begun, and the overall negative attitude toward BTC started to change. All in all, the period between 2008 and 2012 was likely the only time in Bitcoin’s eventful and intense history when most of its adoption came about through using it as a real currency and a means of payment, even if primarily for illegal purposes and criminal activities.
A store of value and investment asset
Bitcoin today as we know it has only become possible after many thousands of speculators and investors started to pour their money into the cryptocurrency in the hope of earning off the future growth. No matter how you look at it, whether you like it or not since 2013 Bitcoin adoption has been expanding mostly by attracting people who are interested in it as an alternative, non-sovereign store of value and investment asset. Today Bitcoin as an investment asset and store of value totally took over the Bitcoin as a means of payment and exchange. The godfather of all cryptocurrencies has seen plenty of ups and downs, which posed a valid concern regarding how it would perform as a grown-up investment asset. Now that we have seen oil prices go into negative territory and fall as low as -37 dollars per barrel, a lot of these doubts have been dispelled. It is little wonder that institutional investors are nowadays looking into Bitcoin as a robust hedge against inflation and sinking economies in a world fraught with recession risks and plagued by the coronavirus pandemic. For example, in 2019 alone cryptocurrency assets under the management of hedge funds more than doubled – to over 2 billion dollars, with around 150 hedge funds actively investing in cryptocurrencies today. It is no surprise either that during the last couple of years Bitcoin has risen substantially in the eyes of the institutional beholders, all the way up from the bottom, from an outcast, and sometimes even an outright outlaw, to a level on par with such an established store of value as gold. The famous hedge fund manager and billionaire Paul Tudor Jones, who manages around 22 billion dollars through his BVI Global Fund, recently confirmed that he has invested a few percent of his assets in Bitcoin as a hedge against inflation and central banks printing money out of thin air. Altogether, this leaves no doubt that Bitcoin has become a viable and legit investment choice in the realm of institutional money.
A value transfer vehicle
International money transfers have always been a pain in the neck – slow, costly, complicated. As Bitcoin needs no banking institutions to conduct money transfers, be it domestic or global, it has become a value transfer vehicle of choice for people willing to send money with no involvement of banks and payments processors. Historically, making overseas remittances with Bitcoin was among the first use cases of this cryptocurrency. Cross-border remittances have been recognized as an important source of private capital flows for developing countries. Bitcoin and its crypto brethren have firmly established themselves in this niche for the simple reason many people in poor countries don’t have a bank account and thus can’t access bank services, aside from overall poor banking infrastructure there along with reasonable concerns about the stability of national currencies in backward economies. Without cryptocurrencies, it would be impossible to receive financial support from abroad provided by migrant workers to their families. This led to an emergence of a wide variety of bitcoin-based remittance services such as BitPesa, Rebit, Bloom, Payphil, to name but just a few, that offer such services for African and Asian countries. They are typically using Bitcoin as a value transfer medium concealing the cryptocurrency from users by converting the sender’s fiat currency into bitcoins and then converting back to the receiver’s fiat currency.
Problems and solutions
One of the major problems Bitcoin faces is not strictly specific to it as it stems from an innate conflict between the two major functions of money. As it happens, a medium of exchange function doesn’t live quite well with a store of value function. A good medium of exchange, or means of payment, should be inflationary to facilitate its use as a currency that you pay with, say, in a grocery store. On the other hand, a good store of value should be the opposite of that to maintain and possibly increase its value over time. Realistically, such a dilemma cannot be effectively resolved from within Bitcoin itself. As a result, the main cryptocurrency has developed into a trusted, battle-tested investment asset which already established a firm foothold in the corporate investment sector. This is in stark contrast to its promise as a functional currency where Bitcoin still massively lags behind fiat. Is there any way to fix that? The solution probably lies in the separation of different functions between Bitcoin and altcoins. The former will most certainly continue to evolve as a solid store of value. Whether the latter can live up to their collective role of an efficient means of payment, we have yet to find out. And remember if you need to exchange your coins StealthEX is here for you. We provide a selection of more than 250 coins and constantly updating the list so that our customers will find a suitable option. Just go to StealthEX and follow these easy steps: ✔ Choose the pair and the amount for your exchange. For example ETH to BTC. ✔ Press the “Start exchange” button. ✔ Provide the recipient address to which the coins will be transferred. ✔ Move your cryptocurrency for the exchange. ✔ Receive your coins. Follow us on Medium, Twitter, Facebook, and Reddit to get StealthEX.io updates and the latest news about the crypto world. For all requests message us via [email protected]. Original article was posted onhttps://stealthex.io/blog/2020/07/07/bitcoins-mainstream-adoption/
Many of the ideological supporters of the Silk Road have described its sprawling online black market for drugs as an experiment in victimless crime and a nonviolent alternative to the bloody turf Silk Road 3.1. According to the admin, Silk Road 3.1 was created because its ancestor was shut down and supposedly, most vendors moved to the new version of the marketplace.The users should ensure that your old username will not work on 3.1, so you have to get a new one in 3.1. About Silk Road 3.1: Silk Road is one of the most known markets on which you can buy drugs. This iconic marketplace has more than 50k listings of which 33k are drug related. The original Silk Road has been shut down but alternative markets started appearing right after. Silk Road 3.1 accepts Bitcoin, Monero and more… WARNING! – EXIT SCAM Government auctions off Bitcoins from Silk Road seizure The U.S. Marshals Service held an auction Friday of nearly 30,000 bitcoins seized from the now-shuttered online black market, Silk Road. By Silk Road was operated by "Dread Pirate Roberts" (named after the fictional character from The Princess Bride), who was known for espousing libertarian ideals and criticizing regulation. Initially, buyers could register for free, but there were a limited number of new seller accounts available; new sellers had to purchase an account via an auction.
Dark Markets and Bitcoin Adoption with Cedric Dahl
MY BTC ADDRESS: ... The Silk Road: who was the real ... Barely Sociable discusses Silk Road, Ross Ulbricht, and Bitcoin with Bitcoin Motorist - Duration: 1:00:07. From Bitcoin to Silk Road to two life sentences⎮Free Ross⎮ ... two life sentences in Maximum security prison for the creation of Silk Road, how he’s holding up, what Bitcoin and the crypto ... What this means is that Bitcoin can provide a certain level of privacy if your Bitcoin address is not attached to personal information, for example, exchange KYC data. ... Since the Silk Road ... 6/13/14 - US Govt auction Silk Road bitcoin, DuckDuckGo shows any balance, & Russia dumps the dollar - Duration: 4:04. Money & Tech 383 views The user has a Bitcoin address which is an identifier composed of 26-35 alphanumeric characters & it represents the possible destination of a bitcoin payment. ... the deep web’s Silk Road was an ...