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Well, while my radar is up as regards the problems associated with BitCoins in terms of security of your funds, I must admit .... my give-a-s*** meter is pegging a little lower because of the illicit, drug-related nature of the buyers and sellers.

Besides, who deals on a website named "Sheep Marketplace"? Aren't you just SCREAMING to be shorn, there?

1 posted on 12/02/2013 3:44:07 PM PST by Lazamataz
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To: Lazamataz

bttt


2 posted on 12/02/2013 3:45:52 PM PST by BenLurkin (This is not a statement of fact. It is either opinion or satire; or both.)
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To: Lazamataz

Round up the usual suspects - NSA, FBI, CIA.


3 posted on 12/02/2013 3:48:27 PM PST by DManA (rs Jus)
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To: Lazamataz

Sounds like a “White Collar” episode.


4 posted on 12/02/2013 3:48:33 PM PST by boxlunch (Psalm 2)
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To: Lazamataz

5 posted on 12/02/2013 3:51:39 PM PST by EEGator
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To: Lazamataz

Silicon Valley catches Bitcoin fever
http://www.freerepublic.com/focus/f-news/3097361/posts

A Prediction: Bitcoin Is Doomed to Fail
http://www.freerepublic.com/focus/f-news/3097365/posts

Bits and Bob [analysis of Bitcoin]
http://www.freerepublic.com/focus/f-news/3097370/posts

Bitcoin Under Pressure
http://www.freerepublic.com/focus/f-news/3097394/posts

The Rise and Fall of Bitcoin
http://www.wired.com/magazine/2011/11/mf_bitcoin/all/


6 posted on 12/02/2013 3:54:06 PM PST by Star Traveler (Remember to keep the Messiah of Israel in the One-World Government that we look forward to coming)
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To: Lazamataz

Baaah-baah. I was robbed of anonymous coins at the sheep market place. Talk about leading lambs to their slaughter .


7 posted on 12/02/2013 3:54:39 PM PST by Lurkina.n.Learnin (This is not just stupid, we're talking Democrat stupid here.)
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To: Lazamataz

The Winkelvoss twins have recently made a major investment in Bitcoins future.

I have seen a half dozen or so articles, PR if you will, about Bitcoin that are unusual.

From what I can tell, they are trying to normalize Bitcoin as an accepted “store of value” publicly, so they can establish an EFT or derivatives market.

I don’t think this latest issue will deter their efforts.


8 posted on 12/02/2013 3:57:26 PM PST by Zeneta
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To: Lazamataz

I’m sure Interpol will get right on it!


9 posted on 12/02/2013 3:58:57 PM PST by dynachrome (Vertrou in God en die Mauser)
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To: Lazamataz
And to this news I say...
12 posted on 12/02/2013 4:10:35 PM PST by Tainan (Cogito, ergo conservatus sum -- "The Taliban is inside the building")
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To: Lazamataz

hahaha

can’t exactly call the cops and say the dealer stole your drug money...

heh


13 posted on 12/02/2013 4:10:43 PM PST by GeronL (Extra Large Cheesy Over-Stuffed Hobbit)
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To: Lazamataz

recently another story had a website called Zambian Meat

just don’t go there


14 posted on 12/02/2013 4:12:14 PM PST by GeronL (Extra Large Cheesy Over-Stuffed Hobbit)
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To: Lazamataz

Lots of weirdos on the internet


19 posted on 12/02/2013 4:17:38 PM PST by Rome2000 (THE WASHINGTONIANS AND UNIVERSAL SUFFRAGE ARE THE ENEMY -ROTATE THE CAPITAL AMONGST THE STATES)
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To: Lazamataz

The poor !?! Have you met them? They haven’t two bitcoins to rub together.


20 posted on 12/02/2013 4:18:59 PM PST by windcliff
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To: Lazamataz
Well, at least they're being honest and returning everyone's money. Right?

Forbes’ Andy Greenburg reported: Sheep’s owners have used that theft to justify closing the market without returning the bitcoins stored in the market by users, despite claiming that they would redistribute those coins to users’ “emergency addresses.”

Oopsie. Would these fine anonymous people compromise their reputation for a mere $44 million?

Maybe I should rephrase that...

22 posted on 12/02/2013 4:25:01 PM PST by Billthedrill
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To: Lazamataz

Let’s leave just leave this currency business to the adults at the Fed. They know what they are doing.


23 posted on 12/02/2013 4:25:11 PM PST by DManA (rs Jus)
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To: Lazamataz

How exactly was the value of the amount lost calculated? Not exactly the kind of situation where someone goes to the cops to report a theft. So with these deep web sites how is it possible to verify much of anything.


24 posted on 12/02/2013 4:27:56 PM PST by corkoman
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To: Lazamataz

Distant acquaintance of mine bought two bit coins a year or two ago for $80 each and cashed them in late last week for $1000 each.

Money is in his hand so it was real.


27 posted on 12/02/2013 4:55:02 PM PST by Rebelbase (Tagline: optional, printed after your name on post)
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To: Lazamataz

Sorry folks, this is clearly simply a case of an illegal drug deal (actually a multitude of deals) gone bad. Folks engaging in illegal activity that involves money are a traditional target of other criminals. I’m not losing any sleep over this.

Got bitcoins? Make sure you secure them properly—they are, in effect, just like cash.


31 posted on 12/02/2013 9:10:41 PM PST by House Atreides
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