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Fairfax Underground
Welcome to Fairfax Underground, a project site designed to improve communication among residents of Fairfax County, VA. Feel free to post anything Northern Virginia residents would find interesting.
Attachments:
Welcome to Fairfax Underground, a project site designed to improve communication among residents of Fairfax County, VA. Feel free to post anything Northern Virginia residents would find interesting.
Bitcoins and darknet e-commerce
Posted by:
SilkRoadTrader
()
Date: August 25, 2012 04:25PM
Anyone out there dabbling in the use of Bitcoins?
Anonymous, instant P2P payments.
http://en.wikipedia.org/wiki/Bitcoin
Anonymous, instant P2P payments.
http://en.wikipedia.org/wiki/Bitcoin
Re: Bitcoins and darknet e-commerce
Posted by:
BTDT
()
Date: August 25, 2012 11:45PM
Thread fail.
Re: Bitcoins and darknet e-commerce
Posted by:
eesh
()
Date: August 26, 2012 12:03AM
The only reason someone would use bitcoin is to buy drugs off of Silk Road and look at illegal pictures on Lolita City.
Normal people use paypal, criminals use bitcoin.
Normal people use paypal, criminals use bitcoin.
Re: Bitcoins and darknet e-commerce
Posted by:
MrMephisto
()
Date: August 26, 2012 02:22AM
SilkRoadTrader Wrote:
-------------------------------------------------------
> Anyone out there dabbling in the use of Bitcoins?
>
> Anonymous, instant P2P payments.
>
> http://en.wikipedia.org/wiki/Bitcoin
I read that whole article but still don't understand how Bitcoins work.
--------------------------------------------------------------
13 4826 0948 82695 25847. Yes.
-------------------------------------------------------
> Anyone out there dabbling in the use of Bitcoins?
>
> Anonymous, instant P2P payments.
>
> http://en.wikipedia.org/wiki/Bitcoin
I read that whole article but still don't understand how Bitcoins work.
--------------------------------------------------------------
13 4826 0948 82695 25847. Yes.
Re: Bitcoins and darknet e-commerce
Posted by:
Hank Moody
()
Date: August 26, 2012 08:44AM
eesh Wrote:
-------------------------------------------------------
> The only reason someone would use bitcoin is to
> buy drugs off of Silk Road and look at illegal
> pictures on Lolita City.
>
>
> Normal people use paypal, criminals use bitcoin.
Yes, criminals like Julian Assange and Wikileaks.
The big difference between P2P services like Paypal versus using an open system like Bitcoins is that the transfer of Bitcoins from person to person doesn't involve some leech taking a bullshit 2.75% transaction fee.
It might be the ultimate libertarian currency.
http://www.forbes.com/sites/jonmatonis/2012/08/20/wikileaks-bypasses-financial-blockade-with-bitcoin/
-------------------------------------------------------
> The only reason someone would use bitcoin is to
> buy drugs off of Silk Road and look at illegal
> pictures on Lolita City.
>
>
> Normal people use paypal, criminals use bitcoin.
Yes, criminals like Julian Assange and Wikileaks.
The big difference between P2P services like Paypal versus using an open system like Bitcoins is that the transfer of Bitcoins from person to person doesn't involve some leech taking a bullshit 2.75% transaction fee.
It might be the ultimate libertarian currency.
http://www.forbes.com/sites/jonmatonis/2012/08/20/wikileaks-bypasses-financial-blockade-with-bitcoin/
Re: Bitcoins and darknet e-commerce
Posted by:
s402scc
()
Date: August 26, 2012 09:11AM
Attachments:
Re: Bitcoins and darknet e-commerce
Posted by:
eesh
()
Date: August 26, 2012 09:11AM
Hank Moody Wrote:
-------------------------------------------------------
> Yes, criminals like Julian Assange and Wikileaks.
You say this in a facetious manner......but Wikileaks and Julian Assange should be eliminated immediately. He is a self-aggrandizing criminal and his site is used by subversives.
Blessed are the murderous.
-------------------------------------------------------
> Yes, criminals like Julian Assange and Wikileaks.
You say this in a facetious manner......but Wikileaks and Julian Assange should be eliminated immediately. He is a self-aggrandizing criminal and his site is used by subversives.
Blessed are the murderous.
Re: Bitcoins and darknet e-commerce
Posted by:
MrMephisto
()
Date: August 26, 2012 09:16AM
Seriously, how do bitcoins work? It doesn't sound like you convert real money into bitcoins.
--------------------------------------------------------------
13 4826 0948 82695 25847. Yes.
--------------------------------------------------------------
13 4826 0948 82695 25847. Yes.
Re: Bitcoins and darknet e-commerce
Posted by:
eesh
()
Date: August 26, 2012 09:22AM
s402scc Wrote:
-------------------------------------------------------
>
I'm surprised the US Postal Inspection Service doesn't get more of these packages that arrive at people's homes.
-------------------------------------------------------
>
I'm surprised the US Postal Inspection Service doesn't get more of these packages that arrive at people's homes.
Re: Bitcoins and darknet e-commerce
Posted by:
new technologie
()
Date: August 26, 2012 09:27AM
MrMephisto Wrote:
-------------------------------------------------------
> Seriously, how do bitcoins work? It doesn't sound
> like you convert real money into bitcoins.
http://en.wikipedia.org/wiki/E-gold
-------------------------------------------------------
> Seriously, how do bitcoins work? It doesn't sound
> like you convert real money into bitcoins.
http://en.wikipedia.org/wiki/E-gold
Re: Bitcoins and darknet e-commerce
Posted by:
the other underground websites
()
Date: August 26, 2012 09:35AM
Re: Bitcoins and darknet e-commerce
Posted by:
also crypt-anarchy
()
Date: August 26, 2012 09:38AM
Crypto Anarchy
http://en.wikipedia.org/wiki/Crypto-anarchy
The other dark side of the internet.
Attachments:
http://en.wikipedia.org/wiki/Crypto-anarchy
The other dark side of the internet.
Attachments:
Re: Bitcoins and darknet e-commerce
Posted by:
Hank Moody
()
Date: August 26, 2012 10:21AM
eesh Wrote:
-------------------------------------------------------
> Hank Moody Wrote:
> --------------------------------------------------
> -----
>
> > Yes, criminals like Julian Assange and
> Wikileaks.
>
>
>
>
> You say this in a facetious manner......but
> Wikileaks and Julian Assange should be eliminated
> immediately. He is a self-aggrandizing criminal
> and his site is used by subversives.
Your characterization of Assange and Wikileaks is accurate in my opinion. But the blockade enacted against them though the actions of private corporations done under the pressure of the US government is a prime example of a new form censorship and one that can be enacted without any real due process. I cite Assange & Wikileaks usage of Bitcoins because it is current and fairly high profile.
Setting the blockade and justification of it aside, what if I want to donate to some cause, political or otherwise and do so anonymously? Using Paypal or other transaction networks I can't do that.
Or it could be as simple as anonymously settling a bet with some jackass on the internet. Or paying a friend for lunch and avoiding the transfer fees.
MrMephisto Wrote:
-------------------------------------------------------
> Seriously, how do bitcoins work? It doesn't sound
> like you convert real money into bitcoins.
You buy Bitcoins much in the same way you would purchase any foreign currency. Deposit some fiat currency into an account via a check deposit, or some sort of wire transfer and then use those funds to purchase Bitcoins through an exchange such as Mt Gox. Anti-Money Laundering laws are still in place on the fiat currency side of the transaction to buy or sell bitcoins. Your bitcoins are stored in a hosted wallet on a server. At that point the use of bitcoins is not unlike Paypal except that the addresses used are seemingly random character strings instead of an email address.
The transfer of Bitcoins from address to address is fairly anonymous and requires no face-to-face that is required of cash.
In my opinion, it would be foolhardy to dismiss bitcoins as tool only for the fringe element. They may be used that way now, but eventually the friction on the buy/sell side of bitcoins into fiat currency will be reduced and adoption for P2P payments could take off.
-------------------------------------------------------
> Hank Moody Wrote:
> --------------------------------------------------
> -----
>
> > Yes, criminals like Julian Assange and
> Wikileaks.
>
>
>
>
> You say this in a facetious manner......but
> Wikileaks and Julian Assange should be eliminated
> immediately. He is a self-aggrandizing criminal
> and his site is used by subversives.
Your characterization of Assange and Wikileaks is accurate in my opinion. But the blockade enacted against them though the actions of private corporations done under the pressure of the US government is a prime example of a new form censorship and one that can be enacted without any real due process. I cite Assange & Wikileaks usage of Bitcoins because it is current and fairly high profile.
Setting the blockade and justification of it aside, what if I want to donate to some cause, political or otherwise and do so anonymously? Using Paypal or other transaction networks I can't do that.
Or it could be as simple as anonymously settling a bet with some jackass on the internet. Or paying a friend for lunch and avoiding the transfer fees.
MrMephisto Wrote:
-------------------------------------------------------
> Seriously, how do bitcoins work? It doesn't sound
> like you convert real money into bitcoins.
You buy Bitcoins much in the same way you would purchase any foreign currency. Deposit some fiat currency into an account via a check deposit, or some sort of wire transfer and then use those funds to purchase Bitcoins through an exchange such as Mt Gox. Anti-Money Laundering laws are still in place on the fiat currency side of the transaction to buy or sell bitcoins. Your bitcoins are stored in a hosted wallet on a server. At that point the use of bitcoins is not unlike Paypal except that the addresses used are seemingly random character strings instead of an email address.
The transfer of Bitcoins from address to address is fairly anonymous and requires no face-to-face that is required of cash.
In my opinion, it would be foolhardy to dismiss bitcoins as tool only for the fringe element. They may be used that way now, but eventually the friction on the buy/sell side of bitcoins into fiat currency will be reduced and adoption for P2P payments could take off.
Re: Bitcoins and darknet e-commerce
Posted by:
MrMephisto
()
Date: August 26, 2012 10:32AM
Hank Moody,
So you trade real money for Bitcoins? Sort of like you trade real money for Microsoft Points for XBox Live?
What's the talk on that Wikipedia page about Bitcoins about "generating" them, then?
--------------------------------------------------------------
13 4826 0948 82695 25847. Yes.
So you trade real money for Bitcoins? Sort of like you trade real money for Microsoft Points for XBox Live?
What's the talk on that Wikipedia page about Bitcoins about "generating" them, then?
--------------------------------------------------------------
13 4826 0948 82695 25847. Yes.
Re: Bitcoins and darknet e-commerce
Posted by:
Hank Moody
()
Date: August 26, 2012 11:05AM
MrMephisto Wrote:
-------------------------------------------------------
> Hank Moody,
>
> So you trade real money for Bitcoins? Sort of like
> you trade real money for Microsoft Points for XBox
> Live?
>
> What's the talk on that Wikipedia page about
> Bitcoins about "generating" them, then?
I guess you could say you buy bitcoins in a similar manner as xbox live points. However, from what I've seen at Mt Gox the trade in bitcoins is more like buying and selling on a foreign currency exchange. The price fluctuates from minute to minutes depending on market conditions and volume.
Can you send xbox points from user to user? I can send to you 10 bitcoins and you can sell those for cash. In that sense, bitcoins are real money. NOt the most stable currency, but currency none the less.
As far as the generation of the bitcoins or "mining", I don't understand how that works. I haven't dug that deeply.
EDIT: Okay, so the maintenance of bitcoins involves some heavy duty cryptography and is very computationally intensive. It requires computing hardware and electricity. Since bitcoins are completely open, the maintenance of them for each transfer is rewarded by giving "miners" a bitcoin for a certain unit of work.
Edited 2 time(s). Last edit at 08/26/2012 11:41AM by Hank Moody.
-------------------------------------------------------
> Hank Moody,
>
> So you trade real money for Bitcoins? Sort of like
> you trade real money for Microsoft Points for XBox
> Live?
>
> What's the talk on that Wikipedia page about
> Bitcoins about "generating" them, then?
I guess you could say you buy bitcoins in a similar manner as xbox live points. However, from what I've seen at Mt Gox the trade in bitcoins is more like buying and selling on a foreign currency exchange. The price fluctuates from minute to minutes depending on market conditions and volume.
Can you send xbox points from user to user? I can send to you 10 bitcoins and you can sell those for cash. In that sense, bitcoins are real money. NOt the most stable currency, but currency none the less.
As far as the generation of the bitcoins or "mining", I don't understand how that works. I haven't dug that deeply.
EDIT: Okay, so the maintenance of bitcoins involves some heavy duty cryptography and is very computationally intensive. It requires computing hardware and electricity. Since bitcoins are completely open, the maintenance of them for each transfer is rewarded by giving "miners" a bitcoin for a certain unit of work.
Edited 2 time(s). Last edit at 08/26/2012 11:41AM by Hank Moody.
Re: Bitcoins and darknet e-commerce
Posted by:
good stuff on silk road
()
Date: August 27, 2012 12:22AM
interesting site
Attachments:
Attachments:
Re: Bitcoins and darknet e-commerce
Posted by:
Hank Moody
()
Date: August 27, 2012 12:49AM
good stuff on silk road Wrote:
-------------------------------------------------------
> interesting site
Thanks for the update Inka.
-------------------------------------------------------
> interesting site
Thanks for the update Inka.
Re: Bitcoins and darknet e-commerce
Posted by:
it was you
()
Date: August 27, 2012 12:55AM
that wasn't me Wrote:
-------------------------------------------------------
> Hank Moody Wrote:
> --------------------------------------------------
> -----
> > good stuff on silk road Wrote:
> >
> --------------------------------------------------
>
> > -----
> > > interesting site
> >
> >
> > Thanks for the update Inka.
>
>
> What the hell is mxe?
"wasn't me"? your name is on the screenshot dumbass
-------------------------------------------------------
> Hank Moody Wrote:
> --------------------------------------------------
> -----
> > good stuff on silk road Wrote:
> >
> --------------------------------------------------
>
> > -----
> > > interesting site
> >
> >
> > Thanks for the update Inka.
>
>
> What the hell is mxe?
"wasn't me"? your name is on the screenshot dumbass
Re: Bitcoins and darknet e-commerce
Posted by:
junkie-hootz
()
Date: August 27, 2012 12:56AM
that wasn't me Wrote:
-------------------------------------------------------
> Hank Moody Wrote:
> --------------------------------------------------
> -----
> > good stuff on silk road Wrote:
> >
> --------------------------------------------------
>
> > -----
> > > interesting site
> >
> >
> > Thanks for the update Inka.
>
>
> What the hell is mxe?
as someone that used his dad's old diabetic needles for drug use, I'm sure you can tell us all about drugs
-------------------------------------------------------
> Hank Moody Wrote:
> --------------------------------------------------
> -----
> > good stuff on silk road Wrote:
> >
> --------------------------------------------------
>
> > -----
> > > interesting site
> >
> >
> > Thanks for the update Inka.
>
>
> What the hell is mxe?
as someone that used his dad's old diabetic needles for drug use, I'm sure you can tell us all about drugs
Re: Bitcoins and darknet e-commerce
Posted by:
MrMephisto
()
Date: August 27, 2012 10:58AM
test 1
--------------------------------------------------------------
13 4826 0948 82695 25847. Yes.
--------------------------------------------------------------
13 4826 0948 82695 25847. Yes.
Re: Bitcoins and darknet e-commerce
Posted by:
SilkRoadTrader
()
Date: August 27, 2012 07:43PM
Harry Tuttle Wrote:
-------------------------------------------------------
> thread back open, y'all...
>
> How do bitcoins work anyhow?
Clifs Notes:
1.) Go to Mt Gox or similar and buy bitcoins.
2.) Transfer bitcoins to digital wallet.
3.) Buy goods or services using bitcoins as currency. (The act of sending a payment is not unlike Paypal but is virtually anonymous.)
Savvy?
-------------------------------------------------------
> thread back open, y'all...
>
> How do bitcoins work anyhow?
Clifs Notes:
1.) Go to Mt Gox or similar and buy bitcoins.
2.) Transfer bitcoins to digital wallet.
3.) Buy goods or services using bitcoins as currency. (The act of sending a payment is not unlike Paypal but is virtually anonymous.)
Savvy?
Re: Bitcoins and darknet e-commerce
Posted by:
SilkRoadTrader
()
Date: August 27, 2012 09:05PM
Harry Tuttle Wrote:
-------------------------------------------------------
> Ok, thanks...
>
> Does every site accept bitcoins?
No, only the interesting sites accept bitcoins.
-------------------------------------------------------
> Ok, thanks...
>
> Does every site accept bitcoins?
No, only the interesting sites accept bitcoins.
Re: Bitcoins and darknet e-commerce
Posted by:
MrMephisto
()
Date: August 27, 2012 09:50PM
Hank Moody Wrote:
-------------------------------------------------------
> EDIT: Okay, so the maintenance of bitcoins
> involves some heavy duty cryptography and is very
> computationally intensive. It requires computing
> hardware and electricity. Since bitcoins are
> completely open, the maintenance of them for each
> transfer is rewarded by giving "miners" a bitcoin
> for a certain unit of work.
Ok, so you can buy Bitcoins, or earn Bitcoins by supplying the processing power to maintain the cryptography?
--------------------------------------------------------------
13 4826 0948 82695 25847. Yes.
-------------------------------------------------------
> EDIT: Okay, so the maintenance of bitcoins
> involves some heavy duty cryptography and is very
> computationally intensive. It requires computing
> hardware and electricity. Since bitcoins are
> completely open, the maintenance of them for each
> transfer is rewarded by giving "miners" a bitcoin
> for a certain unit of work.
Ok, so you can buy Bitcoins, or earn Bitcoins by supplying the processing power to maintain the cryptography?
--------------------------------------------------------------
13 4826 0948 82695 25847. Yes.
Re: Bitcoins and darknet e-commerce
Posted by:
Hank Moody
()
Date: August 27, 2012 10:49PM
MrMephisto Wrote:
-------------------------------------------------------
> Hank Moody Wrote:
> --------------------------------------------------
> -----
> > EDIT: Okay, so the maintenance of bitcoins
> > involves some heavy duty cryptography and is
> very
> > computationally intensive. It requires
> computing
> > hardware and electricity. Since bitcoins are
> > completely open, the maintenance of them for
> each
> > transfer is rewarded by giving "miners" a
> bitcoin
> > for a certain unit of work.
>
> Ok, so you can buy Bitcoins, or earn Bitcoins by
> supplying the processing power to maintain the
> cryptography?
Zactly.
-------------------------------------------------------
> Hank Moody Wrote:
> --------------------------------------------------
> -----
> > EDIT: Okay, so the maintenance of bitcoins
> > involves some heavy duty cryptography and is
> very
> > computationally intensive. It requires
> computing
> > hardware and electricity. Since bitcoins are
> > completely open, the maintenance of them for
> each
> > transfer is rewarded by giving "miners" a
> bitcoin
> > for a certain unit of work.
>
> Ok, so you can buy Bitcoins, or earn Bitcoins by
> supplying the processing power to maintain the
> cryptography?
Zactly.
Re: Bitcoins and darknet e-commerce
Posted by:
TheNorthman
()
Date: August 28, 2012 02:28AM
un-lock-eeyy please1
I have you now.
I have you now.
Re: Bitcoins and darknet e-commerce
Posted by:
TheNorthman
()
Date: August 28, 2012 08:39AM
Open
I have you now.
I have you now.
Re: Bitcoins and darknet e-commerce
Posted by:
TheNorthman
()
Date: September 01, 2012 01:03PM
open sesame
I have you now.
I have you now.
Re: Bitcoins and darknet e-commerce
Posted by:
uJDnj
()
Date: July 07, 2013 10:40AM
i still dont get how/where to buy bitcoins...
Re: Bitcoins and darknet e-commerce
Posted by:
Timothy75Cramer
()
Date: April 25, 2021 06:33PM
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Re: Bitcoins and darknet e-commerce
Posted by:
Jordan Evans
()
Date: April 25, 2021 06:39PM
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