Feds Close Silk Road Arrest Owner Steal 26 000 Bitcoins
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Some black hat hacker going from handle "Lance G" threatened to crash the site unless it gave him a $5,000 ransom. Let's not pretend blackmail offers some kind of economic indicator for the monetary viability of Bitcoin. Some even speculate that law enforcement is behind the DDoS attacks.
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Bit coin is outright it can be a digital token currency. It is really a method of online electronic payment body. Bit coins can be used in lieu of credit cards, debit cards, and PayPal account. It also provides private way to pay anything which you purchase virtual. Since these are also the private way of payment, many people also these coins for purchasing illegal services and How Decide An E-Currency Exchanger factors. With many advantages bit coins along with a have lots of disadvantages.
