03 Oct '13, 5pm

Why Dread Pirate Roberts didn't take #Bitcoin down with his ship: #silkroad #btc

Why Dread Pirate Roberts didn't take #Bitcoin down with his ship: #silkroad #btc

The crypto-currency Bitcoin , the world’s most popular form of digital money, has been prone to pronounced spikes and precipitous declines in value since its introduction in 2009. The overall supply of the digital currency is relatively small, limited by how quickly Bitcoin miners can make their computers process the complex math problems that introduce new bitcoins into the economy. That means any person or group with a large sack of the stuff can affect its value more easily than even an entire country can affect the value of dollars or Euros. Over the past day or so, the currency has seen another deep trough in value. This time, it has happened in the wake of the arrest by the FBI of Ross William Ulbricht in San Francisco. The currency lost 15 percent of its value in the hours after the arrest was announced. It had traded upwards of $140 per coin at the end of last mont...

Full article: http://www.dailydot.com/business/silk-road-bust-effect-bi...

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FBI arrests Silk Road's "Dread Pirate Roberts," Bitcoin trading jolted

FBI arrests Silk Road's "Dread Pirate Roberts,"...

gigaom.com 02 Oct '13, 6pm

The FBI on Wednesday shut down Silk Road, a notorious online market, and charged its 29-year-old administrator, known as D...

Silk Road Bust Could Slow Bitcoin Economy

technologyreview.com 03 Oct '13, 4am

News today that the FBI had arrested a man on suspicion of running the notorious online marketplace Silk Road, where bitco...

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bloomberg.com 02 Oct '13, 9pm

The price of Bitcoins listed on the Bitstamp Ltd. exchange plunged as much as 33 percent after charges were unsealed for t...

Silk Road ends: Feds arrest 'Dread Pirate Roberts,' alleged founder of largest Bitcoin drug market

Silk Road ends: Feds arrest 'Dread Pirate Rober...

boingboing.net 02 Oct '13, 5pm

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Bitcoin Values Plummet $500M, Then Recover, Aft...

wired.com 02 Oct '13, 9pm

Bitcoin, world’s most popular digital currency, had a roller coaster ride today after the federal government shut down the...

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theverge.com 02 Oct '13, 6pm

The price of Bitcoin, the semi-anonymous e-currency that acts like virtual cash, is falling rapidly after the bust of unde...

What seizure of illicit Silk Road means for virtual currency Bitcoin - Los Angeles Times

What seizure of illicit Silk Road means for vir...

latimes.com 03 Oct '13, 6pm

There have been stories about the wild swings in the virtual currency's exchange rate, moves by financial regulators to sh...

Bitcoin values yo-yoed today after the feds bus...

wired.com 02 Oct '13, 9pm

Bitcoin, world’s most popular digital currency, had a roller coaster ride today after the federal government shut down the...

BitCoin Plunges Following US Government Seizure Of Silk Road Website

BitCoin Plunges Following US Government Seizure...

zerohedge.com 02 Oct '13, 5pm

Earlier today, one of the most popular websites that use and promote the use of BitCoin, Silk Road, was shut down by the U...

Silk Road collected 9.5 million bitcoin—and onl...

blacklistednews.com 03 Oct '13, 11am

Silk Road, the illicit online marketplace that first brought bitcoin to notoriety in 2011, was shut down today and its all...

Strange that Silk Road's Dread Pirate Roberts w...

forbes.com 03 Oct '13, 12am

In the one of the two cases, filed in a Maryland district court, a criminal complaint against Ulbricht describes how an un...

Silk Road collected 9.5 million bitcoin—and only 11.75 million exist

Silk Road collected 9.5 million bitcoin—and onl...

QZ.com 02 Oct '13, 6pm

Silk Road, the illicit online marketplace that first brought bitcoin to notoriety in 2011, was shut down today and its all...

Bitcoin takes a hit after Silk Road takedown

Bitcoin takes a hit after Silk Road takedown

nbcnews.com 02 Oct '13, 11pm

bitcoin Bitcoin takes a hit after Silk Road takedown Devin Coldewey NBC News Facebook Share on Facebook Twitter LinkedIn G...

Bitcoin bust: Feds break up country's largest B...

bgr.com 03 Oct '13, 3am

before we could see what would have happened if a distributor had tried to pay Walt and Jesse using Bitcoins . CNN reports...

Bitcoin Talk forum hacked hours after making ca...

arstechnica.com 03 Oct '13, 8pm

Just hours after it played a supporting role in the takedown of the Silk Road drug empire , the Bitcointalk.org website su...