Silk Road Forums

Subbing to this thread out of general interest. It's been fascinating to watch the run of the last few weeks.

Question for the thread: when it comes down to it, does anyone really know anything about how or why the BTC price fluctuates? My understanding is that it's completely beyond prediction or control, which is what makes trading it so volatile and risky. And exciting.

It could crash and burn, but it can and still is making people very rich. People are afraid they've left it to late. Its still in its early stage so its worth buying some. I remember buying them for £1 -  £3 in January 2012, £10 January this year and look at the price now. However don't invest in what you can't afford as it will always be a risk.

However media interest is gaining all the time and a lot of merchants are now accepting it including some Subways and other stores. ATM'S have popped up and well known entrepreneur's like the Winklevoss twins and Richard Branson are excited about it. This makes BTC price fluctuate. Also China seem to be going mad on it and a lot of other countries appear to be following.

I fore one am confident and see it as the next Apple, internet, email or whatever you want to compare it with. Fingers crossed.

CaptainWhiteBeard

Next is searching by domestic.

This is the one that interests me the most

CaptainWhiteBeard

My honest prediction, this time next year - Anywhere between £5000 - £10000. Seriously
I reckon everyone should make a prediction and hopefully we are still about haha, then we can see who is close.

CaptainWhiteBeard

**Quick update**

B4B (Bang4Buck on the old SR) snapped up my offer of a freebie, and got him/herself a free profile rewrite. His/her review has been posted on my rumour mill thread and can be found here:

http://silkroad5v7dywlc.onion/index.php?topic=4428

I have one more free rewrite available - PM me with your interest and I'll see what I can do!

I believe you have an excellant service and will certainly be using you when i get my vendor account in the next month or two.

CaptainWhiteBeard

The Lost Prophets. Now with 100% less pedo


CaptainWhiteBeard

It enrages me that people seem to forget that fact it took 2 WHOLE YEARS to build the old site to what it was before the seizure, and even then who ever was running it doesn't seem to have been the sharpest tool in the toolbox.

What really enrages me though, is half the people in the community can't give the new team more than a month to build a stable, secure and well operating site.

Jesus christ folks, to all those complaining give it some fucking time. At least this DPR and his crew know what they are doing this time round.

Some excellant points good sir

CaptainWhiteBeard

Quote from: border warrior on November 26, 2013, 05:03:40 pm

We've not had a problem withdrawing since yesterday we moved 18btc's off site to cash out in the $800's. Sheep's having growing pains we didn't panic. At least the crazy Czech's told people.

A comparison would be last November when Silkroad couldn't stay online due the massive registration increase or in April and May the DDoS attack and no one could get online. You couldn't get at your btc''s either. Being a vendor we wanted to move btc's out and could not. Last fall DPR kept the doors wide open so it was a shitshow trying to get online making it unbearlable to try to log on

We were a top 25% seller for over 1 year on SR and lost a good amount during the seizure. We learned that being "all in" on one site is not a good thing

Options:

70's Style -  BMR - Backopy 's 4% low commission (bring your own customers, not a problem if you'/re established) site
*can leave feedback, have escrow, marginal customer service, sellers can cancel orders and product sort features

Sheep - a eastern European vessel to which not many know what's going on - 6.89% Commission & you don't need to bring your own customers. We're fortunate to have a good base
* cleaner gui, can leave feedback, have escrow, nominal customer service, sellers can cancel orders and product sort features

SR2 - We logged on looked around and it should IMO the launch should been stalled 1 month or 2 to implement basic buyer & seller required functionality. It has it's place as competition is good. While we appreciated Silkroad and it's ability to generate a sizable account base. The site now is SR2.

While I do miss Brad's brand of sarcasm and some other old crew. We'll not vend on this newly created site.

I do not recollect who said in a thread you watch all the big vendors. Let's watch.. wait and see..

The fact that SR2 gave the big ole USA the finger during it's opening launch using the seizure screen as a log in, DPR using a Twitter account and at least one mod who can't control their posts (which kind of reminds me of Limitless's banter back in the day) is reason enough for many to take their business elsewhere.

We wish site the best and in hopes that it prospers but it's never going to be the Prom Queen she was...

border warrior I presume the mod you are referring to is me and my uncontrolled post was the “SUCK IT FEDS” one? or are you referring to my other anti government posts? Well here is another.

Do you really believe that a few people on a forum cocking a snook at the FBI for their monumental waste of time in closing the original Silk Road down is going to draw additional heat? the fact that SR2.0 went live a little over 4 weeks from the takedown is more than enough motivation for them to feel seriously butt hurt and come after us.

Whether you like it on not we are out in the open now, more people than ever have heard about Silk Road and it is only going to get bigger, pretending we will be left alone if just stay quiet and try to fly under the radar is a little bit unrealistic. The very concept of flying under the radar on an illegal site selling drugs is absurd, just being operational is the biggest fuck you to the US government, I am sure my “SUCK IT FEDS” post didn’t bring about a special task force to silence these rambunctious upstarts who just wont roll over like good little sheeple and choke down some of Uncle Sam’s pecker.

The new SR’s security eclipses its predecessor, DPR has network testers and hackers trying to tear the market site apart and you know what, they haven’t been able to do it, at least not yet anyway.

He has built a fortress of a site, admittedly it is a bit light of functionality and features and yes it has some quirks that need resolving but when it gets up to full speed none of the other sites will be able to come close. BMR mopped up a lot of Silk Roads client base when the site was seized and many vendors have realised spreading themselves out over other sites hedges their risk. I am still confident though that many if not all the old SR vendors will return once it is out of its beta testing phase and where they go their customers follow.

I know you thought us reckless and maybe even foolish to launch in the way that we did but I say it would have made no difference to how we are viewed by the enemy and taking control of some of the media is long overdue, did you hear the bullshit that was being reported in the weeks after SR went down? unbelievable bullshit, we were all done a huge disservice so I applaud DPR’s move to get some factual and informative information out there.

This isn’t just about selling drugs you know, this is the catalyst for something much bigger and far more important for everyone whether they know it or not.

Synergy

Here here, well said old chap

CaptainWhiteBeard