05 Oct '13, 1am

Bitcoin will bounce back from Silk Road scandal, users say

Bitcoin will bounce back from Silk Road scandal, users say

There is no doubt that the media attention surrounding the shutdown of Silk Road , an anonymous online marketplace for illegal drugs and other illicit goods, has hurt the already fragile reputation of bitcoin, the digital currency used as payment on the website, but the bitcoin faithful say the scandal hasn't deterred people from using the currency. "We had one of our busiest day on Wednesday," said Jackson Warren, co-founder of Bitcoiniacs, a Vancouver-based bitcoin broker. "People were looking to buy bitcoins. I had no one interested in selling." How the FBI caught Dread Pirate Roberts Silk Road's owner, Ross William Ulbricht, 29, known online as Dread Pirate Roberts, was arrested in San Francisco on Wednesday and charged with one count each of narcotics trafficking conspiracy, computer hacking conspiracy and money laundering conspiracy. Ulbricht is also accused of tryin...

Full article: http://www.cbc.ca/news/business/bitcoin-will-bounce-back-...

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Could the Silk Road Closure be Good for Bitcoin?

Could the Silk Road Closure be Good for Bitcoin?

newyorker.com 05 Oct '13, 9pm

Bitcoin first gained wide attention after a 2011 Gawker exposé of Silk Road named it as the drug bazaar’s currency of choi...

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socialmediatoday.com 05 Oct '13, 7pm

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rt.com 05 Oct '13, 8pm

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eztweeter.blogspot.com 05 Oct '13, 7pm

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blackhatnews.blogspot.com 05 Oct '13, 7pm

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diamondgeezer.blogspot.com 05 Oct '13, 7am

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Bitcoin Is Biggest Loser In Silk Road Meltdown---IRS Wins Big

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forbes.com 05 Oct '13, 7am

Think of Bitcoin like unmarked, non-sequential bills. Bitcoin is not dependent on the existence of financial intermediarie...

DOJ Hasn't Actually Found Silk Road Founder's B...

techdirt.com 05 Oct '13, 2am

With the DOJ tracking down and arresting the alleged founder/owner of Silk Road, Ross Ulbricht, it was noted that it had a...

Bitcoin users turn on FBI after Silk Road seizure

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venturebeat.com 07 Oct '13, 10pm

Nov. 12 - 13, 2013 San Francisco, CA Tickets On Sale Now Bitcoin users are pissed and retaliating after the FBI seized the...

Say Goodbye to Silk Road -- But Not to Bitcoin

huffingtonpost.ca 09 Oct '13, 6pm

In this way, the $1.2-billion spent in Bitcoins on Silk Road is really telling us something. Clearly the appetite -- or ma...

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Why You Can't Blame Bitcoin for Silk Road Shadi...

gizmodo.com 05 Oct '13, 9pm

The man alleged to be "Dread Pirate Roberts," the founder and operator of the Silk Road—an online marketplace where bitcoi...

Say Goodbye to Silk Road -- But Not to Bitcoin

huffingtonpost.ca 09 Oct '13, 6pm

In this way, the $1.2-billion spent in Bitcoins on Silk Road is really telling us something. Clearly the appetite -- or ma...

Silk Road supporters are trolling the FBI with Bitcoin

Silk Road supporters are trolling the FBI with ...

digitaltrends.com 04 Oct '13, 9pm

In the course of taking down online drug supermarket Silk Road and arresting its alleged founder once known only as “Dread...