Silk Road’s “The Armory” Terminated

Silk Road’s “The Armory” Terminated | Bitcoin Magazine

The owner and operator of Silk Road, aliased as Dread Pirate Roberts, announced on August 2nd, 2012 that “The Armory”, an extension of Silk Road focused on allowing users to anonymously buy and sell munitions, will be closing. Roberts cited a low and continuously declining number of transactions – enough that the 10% take of Silk Road wasn’t even enough to keep the servers paid – as reason for discontinuing this particular arm of the Silk Road marketplace. Some users explain user dis-interest with high prices on The Armory, and too much competition from local dealers , who can still retain customer privacy while conducting legal transactions. The Armory is not yet closed – a countdownhas been initiated. Roberts warns users to finish up their current business and withdraw any lingering funds before the countdown is reached. Many Bitcoin users have expressed joy over the clo...

Full article: http://bitcoinmagazine.net/not-ready-silk-roads-the-armor...

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@Flargus » 19 Aug '12, 7am
#Bitcoin Magazine: World's First Magazine Dedicated To The Cryptocurrency @BitcoinMagazine [link]
@SilkRoadDrugs » 11 Aug '12, 6pm
RT @BitcoinMagazine: SilkRoad’s “The Armory” Terminated [link] #bitcoin #silkroad #thearmory
@BitcoinMagazine » 07 Aug '12, 6am
SilkRoad’s “The Armory” Terminated [link] #bitcoin #silkroad #thearmory
@maximeb » 06 Aug '12, 4pm
Gun web-blackmarket - Silk Road’s The Armory is closing. Great news for Bitcoin users ? [link]
@BitCoinReporter » 06 Aug '12, 2pm
Silk Roads The Armory Terminated | Bitcoin Magazine [link] #bitcoin
@Bitcoin_Org_UK » 06 Aug '12, 1pm
Silk Road’s “The Armory” Terminated | Bitcoin Magazine [link]
@BitcoinLIVE » 06 Aug '12, 1pm
Silk Road’s “The Armory” Terminated [link] #bitcoin
@Bananington » 18 Aug '12, 4am
Silk Road’s “The Armory” Terminated | Bitcoin Magazine [link]
@colindean » 06 Aug '12, 3pm
Silk Road’s “The Armory” Terminated | Bitcoin Magazine [link]
@ilovebitcoins » 06 Aug '12, 1pm
Silk Road’s “The Armory” Terminated [link] #bitcoin