The illegal drug market in BTC wasn't actually a thing. It never mattered to anyone but journos.
This is the opposite of a factual claim. In 2014, darknets were bigger than legal purchases. https://www.usenix.org/conference/usenixsecurity15/technical...
Do you think it's possible anonymous markets themselves may not be the best sources of information about actual volume of transactions occurring on them? Certainly they have some incentive to fake volume, and no real accountability since .. they're anonymous.
> ASIC-resistant cryptocurrencies No such thing. If it relies on a Proof of Work hash, it can be put into a chip, and specialist hardware for a simple function will always be more efficient (hashes per watt) than general hardware. The main barrier is not capability, but bothering to. Proof of Stake would be different, but all examples are presently experimental.
ASIC-resistant != ASIC-proof There is such a thing as ASIC-resistant cryptocurrencies as evidenced by the fact that there are many cryptos in existence today that have been around for longer a year and have no ASIC mining yet. OP can mine on this today and not have to compete against ASICs.
This may be the same problem as DRM, i.e. someone has to care first. Even Litecoin eventually got ASICs.
This is the opposite of a factual claim. In 2014, darknets were bigger than legal purchases. https://www.usenix.org/conference/usenixsecurity15/technical...
Do you think it's possible anonymous markets themselves may not be the best sources of information about actual volume of transactions occurring on them? Certainly they have some incentive to fake volume, and no real accountability since .. they're anonymous.
Do you think it's possible anonymous markets themselves may not be the best sources of information about actual volume of transactions occurring on them? Certainly they have some incentive to fake volume, and no real accountability since .. they're anonymous.
1. You made a claim. 2. I provided a citation against your claim. 3. You assert there's evidence ... somewhere. Do you have anything to back your claim?
my claim that not much was happening? No. I also don't have proof there's no god, or that unicorns don't exist, and so on.
1. You made a claim. 2. I provided a citation against your claim. 3. You assert there's evidence ... somewhere. Do you have anything to back your claim?
my claim that not much was happening? No. I also don't have proof there's no god, or that unicorns don't exist, and so on.
> "The illegal drug market in BTC wasn't actually a thing."
Back up this claim, because it sure looks like it was.
1. You made a claim. 2. I provided a citation against your claim. 3. You assert there's evidence ... somewhere. Do you have anything to back your claim?
my claim that not much was happening? No. I also don't have proof there's no god, or that unicorns don't exist, and so on.
So we have at least 144k BTC seized by the US government to silk road only (http://www.coindesk.com/us-government-to-sell-44000-btc-in-f...) and yet you still claim that all this could be fake? BTC market its still alive thanks to darknets, nobody is going to purchase legal goods in BTC (except maybe ppl from countries banned in the USA) just by the fact they are usually more expensive than purchasing it directly (at least 1.5x).
my claim that not much was happening? No. I also don't have proof there's no god, or that unicorns don't exist, and so on.
So we have at least 144k BTC seized by the US government to silk road only ( http://www.coindesk.com/us-government-to-sell-44000-btc-in-f... ) and yet you still claim that all this could be fake? BTC market its still alive thanks to darknets, nobody is going to purchase legal goods in BTC (except maybe ppl from countries banned in the USA) just by the fact they are usually more expensive than purchasing it directly (…
Is it possible that some not so wise folks left large amounts of btc on excahanges that had risen in value 100x from when they'ed been transferred to the silk road wallet?
Also, what do you know of the offline blackmarket volume of cocaine, heroine, meth? How does it compare to the (self reported) volume on darknet markets? Is it even notable in comparison? Why do you think cartels don't run their own dark markets? Because they're idiots?
So we have at least 144k BTC seized by the US government to silk road only ( http://www.coindesk.com/us-government-to-sell-44000-btc-in-f... ) and yet you still claim that all this could be fake? BTC market its still alive thanks to darknets, nobody is going to purchase legal goods in BTC (except maybe ppl from countries banned in the USA) just by the fact they are usually more expensive than purchasing it directly (…
Is it possible that some not so wise folks left large amounts of btc on excahanges that had risen in value 100x from when they'ed been transferred to the silk road wallet? Also, what do you know of the offline blackmarket volume of cocaine, heroine, meth? How does it compare to the (self reported) volume on darknet markets? Is it even notable in comparison? Why do you think cartels don't run their own dark markets? B…
dude you have to be a complete idiot to answer facts with stupid allegations and pointless ramblings on digital currency markets vs real markets and illegal markets. My point is... Bitcoin is solely used for purchasing illegal goods on the internet yours is a weak argument on "all that data is fake, bitcoin darknets massive amount of money is a dream made by journalist, everybody is using bitcoin for legit goods, i mention cartels on my comment to made a stupid and pointless mention on who runs darknets".
Is it possible that some not so wise folks left large amounts of btc on excahanges that had risen in value 100x from when they'ed been transferred to the silk road wallet? Also, what do you know of the offline blackmarket volume of cocaine, heroine, meth? How does it compare to the (self reported) volume on darknet markets? Is it even notable in comparison? Why do you think cartels don't run their own dark markets? B…
dude you have to be a complete idiot to answer facts with stupid allegations and pointless ramblings on digital currency markets vs real markets and illegal markets. My point is... Bitcoin is solely used for purchasing illegal goods on the internet yours is a weak argument on "all that data is fake, bitcoin darknets massive amount of money is a dream made by journalist, everybody is using bitcoin for legit goods, i m…
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