Feds Close Silk Road Arrest Owner Steal 26 000 Bitcoins
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Other details released on Wednesday reveal that the Fed's expansion with the monetary supply is possessing their desired effect of growing prices inside the rate of two percent per year, using latest projections predicting increases of 0.2-1.3 percent for 2013, 1.5-1.7 percent for 2014, 1.7-2.0 percent for 2015, and 8.9-2.0 percent for 2016. The projected annual increase in gross domestic product (GDP) for 2013 and 2014 was revised downward to the June projection, with the 2013 projection dropping to two.0-2.3 percent from 2.3-2.6 percent, and the 2014 projection dropping to two.9-3.1 percent from three.0-3.5 percent.
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Silk Road was apparently down temporarily, so the detractors were quick in charge Bitcoin. Nevertheless the site was also the target of a set of distributed denial and services information (DDoS) attacks, which is not to perform the economics among the situation.
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