Quote:
Originally Posted by r00t
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I know it isn't the death of the internet black market. This dude was clearly a moran. He should have hosted in Iran and lived in North Korea, then the feds would never bust him.
btw when people dump prices go down, that whole supply > demand thing....
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Yeah, but people were dumping for no particular reason (other than fear, which is temporary). Other websites will pop back up (if not the exact same silk road site), and will still use bitcoin. Nothing changed in terms of the utility of bitcoin as a currency, so there was no reason for the price to drop like that. Too bad the market corrected faster than I anticipated. Was gonna throw some cash into it if they got down to the $50 range.
10-02-2013, 06:04 PM
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