$25 work ?
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on second thought, it'll probably increase the action on swc in the short term
those nerds don't have anything else to do with their bitcoins anymore
gonna run it up hella
a little disappointed DPR wasn't our boy yebsite
Rofl, can you actually hire an assassin on Silk Road? The thought of a hitman taking a Bitcoin as a payment is lol.
Maybe this was badguy's big announcement for radio next week
He has been working undercover.
question for someone who can math....
if 3.6 mill of bitcoin was "taken" by the government and hypothetically destroyed, how much more equity does that add per btc?
Looks like I picked the right week to quit amphetamines.
3.6 mill is say 27000ish btc at $130ish
There are > 11.5 mill of them in circulation http://blockchain.info/charts/total-bitcoins
So a drop in the bucket and really it dropped the price from 140->130 so it had a negative effect.
I saw someone do the math on this and by taking those out of circulation, it should have increased the value by around .26 or .28 cents per coin.
Bitcointalk hacked a few hours ago too. :)
http://www.youtube.com/watch?v=3T-VYiTs34s
:this
I've seen a lot of sites that sell illegal items get busted, only to pop up again shortly. I always laugh when guys use them again, because the feds always arrive at their home shortly after, or simply seize their money and send them a stern customs letter basically daring them to come pick up their ordered products in person.
It's the real world equivalent of a 50 year old white male picking up your drug dealer's phone, and saying "he's busy, just tell me what you want and I'll take care of it."
How close to the cost of mining a coin are they trading at?
Also, the government won't directly trade them and in return fund themselves. They will put the keys into evidence and from there they will disappear without the government directly benefiting.