Quote from: maz on October 25, 2013, 01:25:32 PM

Quote from: hlynur on October 25, 2013, 01:18:36 PM

Quote from: sarc on October 25, 2013, 01:10:13 PM

Quote from: Loozik on October 25, 2013, 12:38:24 PM

Quote from: gandhibt on October 25, 2013, 12:22:22 PM

So we're going to $30 "again"? =)

It would be cool if we dropped like this. I wonder if Shroomskit managed to sell at the recent high.

yes, everyone likes a crash (no, really), but I was curious as to what allowed bitcoin to claw it's way back up after massive crashes, why didn't it die? It seems obvious to me now that silk road kept it going, and growing. Silk Road has gone - so what now?

posted before but deleted it, because i said it many times.

SR is gone, sheepmarket and BMR seeing exponential growth. (AFAIK from people buying there SR merchants simply changed marketplaces and do the same as before)
Ullbricht in the media worldwide was cheap advertising for new consumers to learn that you can buy high quality stuff on the TOR network.
pandora's box opened and hdyra is grwoing more heads.

this is bullish news for adaption of btc as a blackmarket currency.

And you don't think any of these people are shaken by the fact that if the FBI can find DPR and NOD that they are not as safe as they thought they once where?

I agree the market will simply move to Sheep & BMR but confidence in anonymity has been shaken also...

Time will tell how much impact these places have on btc stability

Both the enforcers and the black marketeers can see the parts of the black market system that failed.
Bitcoin provides a money trail for the enforcers when the black marketeers make the inevitable mistake, and for the black marketeers the DPR private Bitcoin hoard remains secure even from arguably the most powerful entities in the war on drugs, and may remain so forever with zero counterparty risks.
The Silk Road takedown is solid proof of Bitcoin's security and utility. Bitcoin failed no one. It is the innocent bystander.