Silk Road Forums

Current Works

Incognito Mode
Automatic PIN Resets
Misc Inbox Improvements
Favorite Vendor & Product List
Additional Deposit Addresses
Vendor Set Auto-Finalize Times
Enhanced Bitcoin Mixer
Automated Resolution Process
Auto-withdrawal

Future Works/Under Consideration

Export Bitcoin Address Private Key
Alternative Crypto-Currency Implementation(?)
Enhanced Feedback System
Buyers can optionally show buyer stats to vendors(?)

SelfSovereignty is right about why this is happening. We pull our prices for each currency from the markets seperately so for GBP as in your example, we will pull and aggregate all GBP bitcoin prices just as we do with AUD. Given GBP and AUD have a much lower volume than USD it means their pricing is not updated as often, it has a small lag in price changes and the prices will be different depending on which currency you use.

As a fix to this, we will be updating shortly our system to reflect only BTC to USD pricing systems, from which we will convert the USD value into many different other currencies we wish to offer so that everyone shall receive the USD price (which makes up over 60% of the bitcoin volume as opposed to the GBP 4% and AUD 1%) which is converted to the currency of their choice using the lastest market rates. This should ensure any real price discrepancies are kept to below 0.5% and that each currency shall receive a fair weighting to purchase items and not discriminate against those using currencies forming only a small trade volume.

Feedback has been initially disabled to prevent vendors trying to create a large volume of fake sales to get ahead of their competitors and prevent FE scams early on since everyone is on the same level. The feedback system is very close to being enabled however now everyone has had time to establish contacts. Everyone who has already made an order, open or finalized will also be allowed to leave feedback for those purchases too.

The purchasing or sale of counterfeit currency is strictly prohibited on Silk Road.

We will be having some downtime this evening for both the forum and market which should be approximately 1 hour long. During this time please remain patient as we are working as fast as we can to bring it back up again.

Hi Coachella. You see nobody will take this seriously, but they will be concerned although no in the realm of enough to cause some kind of mass panic as you desire. Every time you believe you have legitimate information, you don't go public with it you usually message me demanding some amount of bitcoin (to the same address every time) or you'll release it, as you've done here, which is the same person you accused me of being a week ago.

If I were as low as the trolls here, I would post your dox on this forum and it would stay there for a long time, but I am not as low as the meth induced psychosis you are transfixed in so I don't need to resort to that tactic.

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Silk Road Philippines Donation Fund Address: 1Ni9m1ffciS8r4PpCoix4EmdXdhkE2WsRe

I am sure by now you are all aware of the recent tragedy in the Philippines which has lead to millions suddenly losing their homes and security, but worst of all is the thousands who have lost their lives in it and the family around them who must now rebuild their lives even after such a great loss.

Here at Silk Road we are all very fortunate, we have enough money to feed ourselves, house ourselves and stay comfortable, although even in times of poverty in the western world this does not compare to the situation which has now devastated everybody in the Philippines after the storm. I am hoping as a collective group, Silk Road can help raise money for those in need and so I have decided to setup a donation fund for those in need in the Philippines.

All money in the above address will not be touched by any of Silk Road staff for their own purpose and 100% of the proceeds will go towards those who need it most. To ensure this I have made the bitcoin address one central pot which we will use to collect donations and thanks to the way the blockchain works, everyone will be able to see that I have transferred the money to the right places. Exactly where it will go and how I get it to them for now will remain a secret but it will be revealed nearer the time to ensure the receiving organization does not reject it simply because it is tied to us and I hope even if they are made aware that they will process it for us recognizing that it has a greater cause rather than send it back.

If you would like to donate directly to the Red Cross efforts in the Philippines using traditional payment types , you can also use the link below:
https://www.redcross.org/donate/index.jsp?donateStep=2&itemId=prod4650031

Before sending bitcoins, I would recommend you also properly mix them or use Blockchain.info's shared send feature so the above address does not become an intelligence gathering pot for law enforcement.

I personally will be donating and hiding my own contributions amongst your own for my own protection and I hope we can all spare even just a few cents for our brothers and sisters abroad in their hour of need.

Dread Pirate Roberts

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Yes, just slightly lower maximum withdrawal. We believe the error is in that we do not account for transaction fees in the withdrawal amount and so less must be withdrawn to allow a small portion of it to be paid to increase the speed of the transaction - we will however look into fixing this as soon as possible.