Silk Road forums

OP updated

UPDATE (02/15/2013 1731 UTC): We're back up.  Everything went as hoped.  Thank you again for your patience.  If we missed anything and your account is not right, just contact support and we'll get you fixed up.

UPDATE (02/15/2013 1451 UTC): Always takes longer than you think.  Revised estimate 1700 UTC.

UPDATE (02/15/2013 1357 UTC): Revised estimate: 1500 UTC.

UPDATE (02/15/2013 0826 UTC): Estimated reopening time is 1400 UTC.

UPDATE (02/15/2013 0446 UTC):  We've identified and corrected the bug.  We're going to do a conditional rollback, so we'll only be undoing what was done with the extra deposited funds, all other activity will be unaffected.  The only thing that might  happen is if a vendor shipped a product that was bought with money that is being rolled back, but they didn't mark it as in-transit yet.  I'll let the vendors know what to do if this situation arises once we get everything corrected.  This is going to take a little longer than a hard rollback, but it will leave most users unaffected instead of affecting everyone.  Thanks for your patience, you are being very generous with it

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A bug was accidentally introduced into the deposit processor today that caused many people's accounts to be credited over and over for a single deposit.  We are assessing the situation and will be rolling back the error.  I will post updates in this thread.  Vendors should not ship any orders until the site reopens.  Some orders may be canceled.

DPR

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ok - am I really the only one who is having this problem with the update? 

on the account page it used to say: 

"to deposit bitcoins, send them to this address:"
followed by a BTC address as well as a link saying "get new address"

but now, for me, there is no such option. 
there's only the new link saying "click here to make a deposit"
clicking the link leads to a "first_deposit" URL and displays the new "warning" paragraph

- the link to account settings in this paragraph is dead because there is a mistake in the URL
(should be: silkroadvb5piz3r.onion/silkroad/settings --but instead says: silkroadvb5piz3r.onion/account/settings)

- the provided BTC address no longer accompanies an option to generate a new address


I'm assuming/hoping these are just some bugs to do with the transition

I don't even know why I'm getting the "first_deposit" message because
I've had this account for a good while now and have deposited BTC many times, including very recently

not bitching though, just looking for help, seeing if I'm the only one/if Admin is aware of any anomalies 

Thanks for mentioning the broken link.  The link shows up instead of the normal deposit address with the "get new address" link when a user has never made a deposit to their account, or hasn't in several months.  It's there to remind people to remember their PIN and passphrase who haven't deposited or haven't in a while.  After you deposit to that address on the warning page, you will see the normal view with the "get new address" link again.

This is where the libertarian argument starts to fall apart for me. Sure, the government doesn't seem to be helping matters, but I fail to understand how a free-market economy would fare any better. The founders of the Fed had to be secretive about it only because what they wanted to do was illegal. In a less-regulated economy, they could have just gone ahead and done it openly, without the backroom dealings. However, in a regulated economy where the regulations are actually enforced (pipe dream, perhaps), these sorts of behaviors could be minimized. Without regulation and enforcement, what's to stop the collusion?

The Federal Reserve system relies on the force of government to maintain it's monopoly power on the issuance of money.  This is how all central banks maintain their control.  Without the state's involvement, people would be free to use whatever currency they like.  Historically this was gold.  If the founders of the fed tried to do what they did w/o the Federal Reserve Act legislation, and later the Brenton Woods agreement, they would have failed miserably.  No one would have bought into their system.

In fact, this is the beauty of libertarianism.  The people are free to choose what system they want.  No need for one size fits all government solutions.  If you want to use a debt based inflationary monetary system, go right ahead, doesn't affect me so long as you don't try to force me to use it as well.

this has been fixed, right?

this rumor is false.  the organizers asked me to speak and I told them I'd consider it.  Next thing I know Silk Road is listed as attending.

We'll have deposits and withdrawals re-enabled asap.  Any deposits sent, or withdrawals made in the last 6 hours will still be processed.  Sorry for the trouble.