They don't go after people for personal use, only sellers and dealers. So as long as you're only buying for personal use I wouldn't worry about it. Probably wouldn't hurt to have your stuff sent to a mail drop somewhere that ideally doesn't have your name attached to it either, just to be extra cautious. Not that difficult to setup...
Silk Road and Bitcoins - Buy drugs online?
- Thread starter Magic Hat
- Start date
They don't go after people for personal use, only sellers and dealers. So as long as you're only buying for personal use I wouldn't worry about it. Probably wouldn't hurt to have your stuff sent to a mail drop somewhere that ideally doesn't have your name attached to it either, just to be extra cautious. Not that difficult to setup...
My weed dealer takes cash only, $350/oz. I can't believe there are dealers taking bitcoin..I need Benjamin's baby.
At the rate things are going bitcoins (or some other equivalent) could end up being more desirable than the US dollar one day ...
Yup. Was in the middle of a discussing something with someone on that site too.
Fucking lame.
Grr. Still down. Looks like I might not get my stuff in time for the music festival next week 
At least I'll make a bit of profit from buying + selling btc.
At least I'll make a bit of profit from buying + selling btc.
Yea it'll get deleted on the reg since BTC doesn't want to "approve" of SR. From what I've heard on another place I "trade" on SR had some server issues or something. They thought it was an attack, and were glad it wasn't. So in an effort to keep this from happening they are taking the site down for a couple days to fix some shit up and then reopen. I heard this yesterday so I'd imagine if it's true SR should be back up by Monday at the latest.
Cheers for the update addison, +rep. Hopefully it'll be up by Sunday, I need the stuff by tuesday really, and I haven't ordered yet. Getting nervous...
Glad I sold all my bitcoins yesterday though - I'll probably be buying again when it hits $12.
Glad I sold all my bitcoins yesterday though - I'll probably be buying again when it hits $12.
I can't discuss why openly on a public forum like this, but I'm 95% sure that source is speaking crap, probably to try and lower the bitcoin value so they can buy. (I'm not just guessing, not 100% sure about it, but I'm pretty sure.)
Looks like its time to start buying again. I was reading an article the other day that was talking about the feds going after the exchanges (MT GOX ) to start tracing the banking transactions and it looks like MTGOX is agreeing to opening up there books to so the feds can start looking into the money laundering. We will see what happens but at $14 it looks like a pretty good bargin although $10 would be better
Meanwhile criminals with means continue to launder money through legit cash based businesses while ensuring all of the txns are OFFline. This whole thing continues to scream desparate kids with no financial means doing something "neat"
I agree it's neat, but damn retarded in practice / execution as that heist shows.
Someone should write an ebook on how to actually transcact with btc safely online. You know keeping a machine that contains said .dat file physically unplugged from the net, etc etc etc.
I agree it's neat, but damn retarded in practice / execution as that heist shows.
Someone should write an ebook on how to actually transcact with btc safely online. You know keeping a machine that contains said .dat file physically unplugged from the net, etc etc etc.
Nice spin.
I bet the phone call went like this:
FBI: "Can we see your books?"
MtGox: "No way man, if we did that nobody would use us to buy teh illegal drugz and stick it to da man lol."
FBI: "Hey, why not go to Liberty Dollar - Wikipedia, the free encyclopedia and see what happened to the last joker that tried to offer an alternative currency?"
MtGox: "All our data are belong to you. Let us just write a press release about that."
Fed-wise:
virtual machine in a highly encrypted folder. Password to login in a separate highly encrypted folder. On VM, encrypted (with a different password) notepad file with the ip address to a remote desktop (in hong kong) and a separate file for the password to that. remote desktop could have the same, for a separate remote desktop, in a separate country. That remote desktop connects through an offshore VPN (preferably owned by you, so you're sure there's no logs)to access Bitcoin. All of this (and your bitcoins) get bought through laundered liberty reserve, preferably through separate accounts.
However, all that would be just a little paranoid.
Why not do a USD bank transfer? I had to do a Euro bank transfer, so totally different country + currency, and it was in my mtgox account the next day.