Post
Topic
Board Bitcoin Discussion
Re: FinCen preparing to prosectute some Bitcoin users
by
teriaki
on 28/04/2013, 23:21:54 UTC
But BTCBuy was not exchanging directly for fiat they were doing gift cards in fiat denominations. If I can't even get a gift card with btc why should I mine. I don't want drugs off of SR so I guess I'm left with just trading with scammers in the Marketplace section of this forum, right?

This is something I have been assessing.  A quick number crunch shows what a tiny percentage of the total BTC transactions for a day are related to SR.  I want to understand where all this BTC is going -- 560k in the last 24hours.  A fraction of that is SR related.  Where is all this BTC going?  It can't all be speculators.