RAILROADED – Inner workings and Conflicts in the Silk Road story

This is the second in a six part series of RAILROADED, the targeting and caging of Ross Ulbricht and behind-the-scenes information.  As detailed in the written version “FREE ROSS RAILROADED – A peek into the inner workings and conflicts in the Silk Road story and meet the people involved. It’s an eye-opener!”     This episode includes: – Thwarting Der-Yeghiayan Being Wonderful The Setup Closing In  New York Takes Over   Click here to watch EPISODE 1 – RAILROADED? Ross Ulbricht and the Silk Road Case        …

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5 Years Since Silk Road Was Shut Down – How Has Cryptocurrency Changed?

Five years ago today (October 1st, 2013), bitcoin’s most notorious marketplace, the Silk Road, was shut down by the FBI and its founder Ross Ulbricht arrested. Operating as part of the dark web on a Tor hidden service, the Silk Road was an online platform where people bought and sold illicit goods and services using bitcoin. While millions of dollars were transacted over the website in its short span, the Silk Road made headlines around the globe when it was shut down by the FBI after a controversial investigation, and…

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Stanford University’s Bitcoin Mafia

Bitcoin started a revolution that continues to change the financial world as we know it.  2013 was a rather interesting time for Bitcoin. Here are a few of the events that took place:-   Firstly, in February 2013 the bitcoin exchange Coinbase reported selling US$1 million worth of bitcoins in a single month – Bitcoin was around $22 at the time April 2013, payment processors BitInstant and Mt. Gox experienced processing delays due to insufficient capacity – a sure sign that demand for Bitcoin was increasing (Mt. Gox In a…

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Reasons Why the Bitcoin Price is Booming

Bitcoin is booming as believers and skeptics alike watch on.  Some influential people have been giving their opinions regarding Bitcoin – calling the cryptocurrency anything from “fraud” to “bubble” as well as predictions that the price is “heading towards $25,000”. There are a number of reasons why Bitcoin has so rapidly escalated during 2017, a few of which are highlighted in the short video below.       Graph showing growth over the past 12 months – Cryptocompare     Japanese Yen buying the lion’s share of Bitcoin     Top…

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Bitcoin Believers Gobble up Satoshi’s White Paper

Many have been watching Bitcoin grow in value over the past few years, and in particular, over the past year or so. More investors are being drawn to Bitcoin due to Geo-Political risk, failing economies and traditional investments which create fear and uncertainty.  The high Return on Investment (ROI), strong fundamentals and a bullish outlook for the future of Bitcoin and blockchain technology is very appealing.   During the Global financial crisis of 2007–2008,  which is considered by many economists to have been the worst financial crisis since the Great Depression…

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Bitcoin News: How $1000 Gift turns Teenager into Bitcoin Millionaire

Just six years ago in 2011, a teenager from Idaho in the USA, decided to invest in Bitcoin when the value was just $12 per coin.  He received a monetary gift from his grandmother and a hot tip from his brother to buy Bitcoin which prompted him to invest in cryptocurrency.   Erik Finman sold his first Bitcoin investments at the end of 2013, at $1,200 per coin, and launched an online education company called Botangle in 2014 with the proceeds.  Botangle connected frustrated students like him to find teachers on video chat.…

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