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So we have at least 144k BTC seized by the US government to silk road only (http://www.coindesk.com/us-government-to-sell-44000-btc-in-final-silk-road-auction/

So we have at least 144k BTC seized by the US government to silk road only (http://www.coindesk.com/us-government-to-sell-44000-btc-in-final-silk-road-auction/ http://www.coindesk.com/us-government-to-sell-44000-btc-in-f...) and yet you still claim that all this could be fake? BTC market its still alive thanks to darknets, nobody is going to purchase legal goods in BTC (except maybe ppl from countries banned in the USA) just by the fact they are usually more expensive than purchasing it directly (at least 1.5x).

awt 10y ago
Is it possible that some not so wise folks left large amounts of btc on excahanges that had risen in value 100x from when they'ed been transferred to the silk road wallet? Also, what do you know of the offline blackmarket volume of cocaine, heroine, meth? How does it compare to the (self reported) volume on darknet markets? Is it even notable in comparison? Why do you think cartels don't run their own dark markets? Because they're idiots?
- SadWebDeveloper 10y ago
  dude you have to be a complete idiot to answer facts with stupid allegations and pointless ramblings on digital currency markets vs real markets and illegal markets. My point is... Bitcoin is solely used for purchasing illegal goods on the internet yours is a weak argument on "all that data is fake, bitcoin darknets massive amount of money is a dream made by journalist, everybody is using bitcoin for legit goods, i mention cartels on my comment to made a stupid and pointless mention on who runs darknets".
  - dang 10y ago
    This comment breaks the HN guidelines by being uncivil. Personal attacks are especially not allowed here. We ban accounts that comment like this on HN, so please don't do that. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newswelcome.html https://news.ycombinator.com/newswelcome.html

awt 10y ago

Is it possible that some not so wise folks left large amounts of btc on excahanges that had risen in value 100x from when they'ed been transferred to the silk road wallet? Also, what do you know of the offline blackmarket volume of cocaine, heroine, meth? How does it compare to the (self reported) volume on darknet markets? Is it even notable in comparison? Why do you think cartels don't run their own dark markets? Because they're idiots?

SadWebDeveloper 10y ago
dude you have to be a complete idiot to answer facts with stupid allegations and pointless ramblings on digital currency markets vs real markets and illegal markets. My point is... Bitcoin is solely used for purchasing illegal goods on the internet yours is a weak argument on "all that data is fake, bitcoin darknets massive amount of money is a dream made by journalist, everybody is using bitcoin for legit goods, i mention cartels on my comment to made a stupid and pointless mention on who runs darknets".
- dang 10y ago
  This comment breaks the HN guidelines by being uncivil. Personal attacks are especially not allowed here. We ban accounts that comment like this on HN, so please don't do that. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newswelcome.html https://news.ycombinator.com/newswelcome.html