Feds Close Silk Road, Arrest Owner, Steal 26,000 Bitcoins

I stumbled upon this powerful tool while i was surfing this Online Storage Website,the tool promised to be able to create $100 in your liberty reserve acct.Naturally i am inquisitive so i dug deeper and found out that it was uploaded by a Russian whom i believe is a hacker.

In clicking around your wallet, on the transactions page or linked to specific transactions, you will see a note about confirmations. When you make a transaction, that information is sent out into the network and the network will send back a confirmation that there is no double entry for that XRP. It is smart to wait until you get several confirmations before walking away from someone who has paid you. It is actually not very easy to scam someone hand-to-hand like this, and it is not very cost-effective for the criminal, but it can be done.

EBay – You may not know but there are several people around you who are busy finding cheap and exceptional items from flea markets and garage sales, and sell them at decent profits on eBay. If you are interested in computer and related products, you could make living by reselling them on this site. This ways to make money online is also known as power-selling, and you need to be aware that it is also going to require a lot of time and effort. You can compare it to your office job, but here you would be working for you and making incremental profit with time as your reputation increasing on the eBay marketplace.

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Some are trying to start up local street exchanges across the world. These are called Buttonwoods after the first street exchange established on Wall Street in 1792 under a buttonwood tree. See if there is one, or start one, in your area.

Anyway the software costs $20 (I BROUGHT THE PRICE DOWN JUST TO SATISFY THOSE CLAMORING THAT THE PRICE IS TOO HIGH,I WILL INCREASE IT AFTER 30 DOWNLOADS…) only and payment is made via Liberty Reserve.

The man was arrested at the San Francisco Public Library, Glen Park Branch, at 3:15 p.m. on Tuesday. Ulbricht was known by a nickname online, “Dread Pirate Roberts.” The FBI teamed with other government agencies on the take down of the Silk Road website. The IRS, Drug Enforcement Administration, Department of Immigration and Customs Enforcement. The FBI was able to seize $3.5 million in bitcoins during Ulbricht initial arrest.

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