2013-09-20 CryptoSource - Atlantis Online Drug Market Shuts Down

prophetx

legendary

Activity: 1666

Merit: 1010

he who has the gold makes the rules

Quote from: DannyDisco on September 20, 2013, 10:52:12 AM

Users will have 1 week to withdraw their funds.

What does this mean for Bitcoin/Litecoin? It will most likely affect Litecoin much more than Bitcoin since Atlantis was one of the only marketplaces accepting it. SilkRoad is still going strong though. Bitcoin will be very difficult to be affected since it has gained so much legitimacy with so many real legal businesses now accepting it.

http://cryptosource.org/atlantis-online-drug-black-market-shuts-its-doors/

strange... this coincides with another litecoin related announcement... wonder how, if they are related

jinni

sr. member

Activity: 255

Merit: 250

Quote from: superduh on September 21, 2013, 01:09:44 PM

just goes to show how much balls DPR has

SR will never go down!

If SR goes down that will mean a serious drop in both individual potential freedom and BTC-price (which should be strongly correlated).

Well I think it is possible for SR to go down, but not likely. There is enough crazy knowledge out there that has not been taken over by governments yet. Imagine all those kids world over being forced to go to school for 8hrs per day - at least some of them should feel enough resentment and be smart enough to work against the system. And some of those will end up helping the "anti-system" that SR is basing itself upon. There is no way money can win over human emotion like that. Not in the grand scheme of things..

IF, and that's a big IF, SR goes down, then SR2 will rise from its ashes like a phoenix, and DPR2 will be better. How can that not be the wisdom of the crowd?

giantdragon

legendary

Activity: 1582

Merit: 1002

No effect on BTC price, negative on LTC.

superduh

hero member

Activity: 602

Merit: 500

just goes to show how much balls DPR has

DannyDisco

sr. member

Activity: 322

Merit: 250

Quote from: aigeezer on September 21, 2013, 10:01:11 AM

Quote from: DannyDisco on September 21, 2013, 09:53:33 AM

SR Responds: http://cryptosource.org/the-silk-road-responds-to-atlantis-shutdown/

Interesting self-censorship by cryptosource, even as they quote DPR:

Haha... I'll say what we said on Reddit: It's more of a precaution. We don't really want to be associated in promoting the deep web. The goal of the site is to introduce newbies to Bitcoin and Crypto, not to show people how to use the dark web. We just felt the Atlantis shutdown was significant enough to post. We are merely reporting the announcements. We don't want to turn into a how to for accessing the tor network. There are other sites for that Tongue

If people really want to know how to get there, they'll find a way Wink

LiteCoinGuy

legendary

Activity: 1148

Merit: 1014

In Satoshi I Trust

Quote from: mccorvic on September 20, 2013, 10:24:49 PM

I would say that litecoins are worth even less now.

But how can something be worth less than nothing. It boggles the mind.

maybe in the short run, but then there will be the next atlantis or what ever in 3 month...

iam still bullish for litecoins Cool

aigeezer

legendary

Activity: 1450

Merit: 1013

Cryptanalyst castrated by his government, 1952

Quote from: DannyDisco on September 21, 2013, 09:53:33 AM

SR Responds: http://cryptosource.org/the-silk-road-responds-to-atlantis-shutdown/

Interesting self-censorship by cryptosource, even as they quote DPR:

"I have let the fear pass through me and with clarity commit myself fully to the mission and values outlined in the Silk Road charter. If you haven’t read it yet, please do. Here is the link:

“(link omitted. If you want to visit The Silk Road, do so at your own risk)” – CryptoSource"

Sign of the times.

Edit: I had a delay of about 45 seconds after pressing "post" for the above (no kidding). My whole life flashed before my eyes - NSA needs faster servers.

DannyDisco

sr. member

Activity: 322

Merit: 250

SR Responds: http://cryptosource.org/the-silk-road-responds-to-atlantis-shutdown/

mccorvic

hero member

Activity: 518

Merit: 500

I would say that litecoins are worth even less now.

But how can something be worth less than nothing. It boggles the mind.

TraderTimm

legendary

Activity: 2408

Merit: 1121

My guess is someone got nailed by that Tor vulnerability the FBI used to snag people using that Tor-based hosting service.

Who knows, interesting that SR is still going strong - maybe they know security better?

DannyDisco

sr. member

Activity: 322

Merit: 250

Users will have 1 week to withdraw their funds.

What does this mean for Bitcoin/Litecoin? It will most likely affect Litecoin much more than Bitcoin since Atlantis was one of the only marketplaces accepting it. SilkRoad is still going strong though. Bitcoin will be very difficult to be affected since it has gained so much legitimacy with so many real legal businesses now accepting it.

http://cryptosource.org/atlantis-online-drug-black-market-shuts-its-doors/

Topic: 2013-09-20 CryptoSource - Atlantis Online Drug Market Shuts Down (Read 3160 times)