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Bitcoin - The Currency of the Internet

A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
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r/CryptoMarkets

FOREX community for cryptocurrencies. Tags: mt gox bitcoin, long term potential, open source exchange, low inflation rate, demand and price, technical analysis, fundamentals, Bitcoin, Ethereum, Litecoin, Monero, Dash, Augur, token, volume, oscillator, RSI, stochastic, trend, sentiment, strategy, scam, coin, coinmarketcap, altcoin, Peercoin, script, blockchain, PoW, PoS, Proof of Work,
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Sharing of ideas, tips, and strategies for increasing your Bitcoin trading profits

Sharing of ideas, tips, and strategies for increasing your Bitcoin trading profits
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Can we have some common sense here regarding Fed auction of SR Bitcoin?

There is so much irrational fear and baseless speculation here.
1) Seized assets are sold at government auctions open to the public. They will be announced well in advance of the auction. It won't be a 30 second warning then it hits the auction block.
2) Regarding #1, The central bank, the CIA, a government official, wells fargo 3) Seized assets often have reserves set at auction, reserves set by the federal agency responsible.
4) Seized assets are often broken into smaller lots. Why? Faster selling at prices closes to market value. The auction portion is outsourced to auction companies who have incentive to ensure property is auctioned for the highest value possible because they get paid on some transaction fee %
5) Regarding 3+4 above, the likelihood of all the bitcoins selling for far below fair market value is extremely low. The parties involved, do seized asset auctions for a living and know how to get the most for an item at auction. They will treat this as any other valuable item with a market and base their reserve prices and auction style decisions on that market.
6) This will effect the price regardless of who buys them and what they do with them afterward.(hold or dump) minimally and only in a very short term time frame. Yes even if they are immediately all dumped on open market.
7) This liquidation of assets won't happen any time soon. The assets will be researched and the market value determined. This will drive the decision to split it into lots or keep it whole. Then They have to give public notice of the auction. This process could realistically(considering how slow the government is) take months into years!
8) Everyone chill the fuck out!
submitted by mrtrch822 to Bitcoin [link] [comments]

New to SR, Bitcoins, encryption? Have questions? Ask me live on Torchat - I'll help :)

Here's the deal, so many new people post their questions here and get slammed with GO READ THE FAQs NEWB!, and while they aren't technically wrong, it also doesn't help.
If you have questions about using SR, about how to get BTC easy/quick, how to PGP encrypt your messages, etc. - I have no problem answering any and all of these questions via Torchat.
Here is how to use Torchat:
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Give me a few minutes to answer guys, if I dont reply right away. Ive had upwards of a dozen of you messaging me at one time, and while I truly dont mind helping each of you - be patient :)

If I am ofline, just leave a message - and when I am back if you still need help I will help you. I am on almost every day.

submitted by treesondemand to SilkRoad [link] [comments]

Em que Andar sr. Bitcoin? USD 30.000

Em que Andar sr. Bitcoin? USD 30.000 submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

04-09 10:12 - 'Em que Andar sr. Bitcoin? USD 30.000' (gomultinivel.com) by /u/showdeideias removed from /r/Bitcoin within 22-32min

Em que Andar sr. Bitcoin? USD 30.000
Go1dfish undelete link
unreddit undelete link
Author: showdeideias
submitted by removalbot to removalbot [link] [comments]

Job Market is heating up: Sr. Bitcoin Strategist!?

Job Market is heating up: Sr. Bitcoin Strategist!? submitted by shemnon to Bitcoin [link] [comments]

Addresses of the 3,000 SR Bitcoin blocks

Does anyone have the blockchain.info links to the addresses of the 3,000 blocks of BTC that were auctioned today?
submitted by jtos3 to Bitcoin [link] [comments]

SR Bitcoins are just the beginning

30,000 new bitcoins are about to re-enter the market and has caused a huge dip - what happens when Ulbrich's case is wrapped up and another 144,000 coins go up for auction.
submitted by launch201 to Bitcoin [link] [comments]

Ewallet vs direct SR bitcoin deposit

How important is an ewallet vs directly depositing into my SR account if SR tumbles coins? Just curious, hope this isn't a stupid question, thanks for any info!
submitted by Taybaysi to SilkRoad [link] [comments]

Does anyone agree with my view that the FBI eventually selling SR's Bitcoins is the single best thing we could ever hope for?

My view is that the government could never rule Bitcoin to be illegal if they ever use it to cash out themselves.
It'd be a big boost to Bitcoin's quest for legitimacy.
submitted by mytwobitcents to Bitcoin [link] [comments]

We know that DPR is not cooperating with the FBI, so how did they actually seize SR's bitcoins?

This has been bugging me. Even if they got access to the server and his pc, unless he had written down his wallet password somewhere on a post-it, how did the FBI send the bitcoins to their own address?
submitted by Hopcock to SilkRoad [link] [comments]

Is it just me or is SR's bitcoin value really slow or just off lately?

Over the past week or so I have carefully watched both the average value of a coin on SR, mt. gox, bitcoinity, and bitcoin.clarkmoody.
Is it just me or is the value on SR always lower than the current price on any trading site, and by a far margin $10 at the moment.
Ok. The price has jumped, and SR only updates the exchange rate at certain points in time. Maybe we missed it on the last update, but it will fix itself in the next exchange rate update.
But honestly, I see this as an intentional move on DPR's part to make us spend use more coins then necessary, and therefore DPR is able to grab more coins which are worth almost 10% more than he has the site display.
I'll be the first to admit that DPR has a great site and great motives as a libertarian, and his ideas on a free and open market place has probably saved countless lives. DPR and SR are and will continue to be my go to onion sites. But when do we put our foot down and say DPR, this is enough.
First he changed the entire fee structure without asking or telling anyone first. Now hes undervaluing bitcoins on his site so that he can get more bitcoins that are worth 10% more on any trading site out there.
Enough greed DPR, be happy with the behemoth of a money making machine you have already created and just allow us druggies to get their items of choice. Which is the entire purpose of the site in the first place, in his own words.
submitted by Uniqueduck to SilkRoad [link] [comments]

Why are the SR bitcoins crashing the price?

Wasn't there only a few million stored on the actual servers? It doesn't sound like they're auctioning off ross' private bitcoins (the 80 million or whatever)
Edit: just did the math and it's more like 18 million. still it doesn't seem like this should have that great an impact on the price.
submitted by roshanhasfallen to Bitcoin [link] [comments]

Periodically changing SR Bitcoin address

I'm not super paranoid about the SR process (though I do hold my breath until the package arrives safely) and have had many successful transactions. I typically transfer all of my coins to a web wallet through various means and then transfer from there to my SR wallet when I want to purchase something.
Is it worth periodically changing my SR bitcoin address so I don't have as many coins flowing to the exact same address? I'm likely over-thinking things like so many of us do, but just wanted to get other opinions.
submitted by sratemybaby to SilkRoad [link] [comments]

Can somebody explain the significance of the SRS bitcoin circlejerk?

It seems to come up a lot, but as someone who knows nothing about bitcoins and doesn't frequent subs where it is discussed, what's the deal? Is it just a stereotypical topic of discussion amongst STEMs or is there something deeper than that?
submitted by bearsinthewoods to SRSQuestions [link] [comments]

Should I change my sr bitcoin address every now and then? Any reason to, or reason not to?

submitted by sr_only to SilkRoad [link] [comments]

COIN REPORT: Sr Bitcoin

submitted by raoulbtc to raoulbtc [link] [comments]

Can somebody explain the significance of the SRS bitcoin circlejerk? [bearsinthewoods]

bearsinthewoods posted:
It seems to come up a lot, but as someone who knows nothing about bitcoins and doesn't frequent subs where it is discussed, what's the deal? Is it just a stereotypical topic of discussion amongst STEMs or is there something deeper than that?
submitted by pixis-4950 to doublespeakdoctrine [link] [comments]

What the Silk Road seizure means for bitcoins in SR wallets?

I'm hardly an expert in bitcoins, and even farther from an expert in the technical aspects of crypto... but:
If LE was able to find DPR's computers, then I assume they could commandeer his bitcoins. But what about the rest of the bitcoins that were in people's SR wallets. Would those still be secure? (i.e. only accessible by the user who created the account under whose name the wallet was created) Or can LE access and commandeer those as well?
This isn't a question of "Will individuals get their SR bitcoins back?" I know that won't happen, it's more a question of will LE be controlling those and cashing them out for USD, or will those coins be forever lost from the total stock of the (eventual) 21 million?
submitted by sonnychild to Bitcoin [link] [comments]

Two documents have emerged: One submitted by Iras side, one shown by Craig. Craig's document has early Bitcoin mining addresses. The other doc just has a bunch of shady exchange and shady SR addresses. One address (evidence points at Roger) signed a msg calling Craig a fraud.

https://twitter.com/mindstatex/status/1129899393769988096
submitted by 2763rxmh to bitcoincashSV [link] [comments]

[Daily Discussion] Tuesday, October 27, 2020

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[Daily Discussion] Wednesday, October 21, 2020

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[Daily Discussion] Thursday, October 22, 2020

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