[2017-07-20] Dark web marketplaces AlphaBay and Hansa shut down

1Referee

legendary

Activity: 2170

Merit: 1427

Quote from: eckmar on July 23, 2017, 06:43:54 AM

When government take control over large amount of BTC they just dump it (saying from past events) causing massive,but short time price changes

No. If you look back, governments and related agencies have always referred themselves to auctioning off these coins off-exchange. In no shape or form will these coins get ever dumped directly on the market by governments. It's basically like OTC, where entities interested in buying a decent number of coins do it at one fixed price, and again, off-exchange.

CryptoBry

sr. member

Activity: 1008

Merit: 355

Quote from: iram1011 on July 21, 2017, 01:15:24 AM

Quote from: buwaytress on July 21, 2017, 12:18:42 AM

Quote from: bbc.reporter on July 20, 2017, 08:29:22 PM

Alphabay was all over the news for the past week but Hansa? I have never heard about it before. Are they as big as Alphabay?

I hope they are trying to hide their tracks well. I do not use and go to the darknet but I reckon they should use a good anonymous cryptocoin like Monero to be safe.

Hansa wasn't as big as ABin terms of vendor but they had a different multi-sig setup for payments, and fewer issues because of that, in contrast with the site wallet of AB, at least as far as I could tell early 2017. As AB got worse, people moved to Hansa.

Yup, AlphaBay's shutdown sent traffic flooding into the smaller Hansa marketplace. But that new traffic of tens of thousands of users was unaware that Dutch police had already taken control of Hansa, giving them the ability to identify and track buyers and sellers. The Hansa market also got shutdown after that.

Yes, in a glowing story it was revealed that Hansa is actually a trap and got operated by no less than the police with buyers and sellers having no hint of what is happening. One thing that I realized is that eventually illegal marketplaces and operators would one day sooner or later fall into the hands of the law.

eckmar

legendary

Activity: 1878

Merit: 1038

Telegram: https://t.me/eckmar

Quote from: cpfreeplz on July 22, 2017, 09:36:56 PM

Quote from: iram1011 on July 21, 2017, 01:15:24 AM

Quote from: buwaytress on July 21, 2017, 12:18:42 AM

Quote from: bbc.reporter on July 20, 2017, 08:29:22 PM

Alphabay was all over the news for the past week but Hansa? I have never heard about it before. Are they as big as Alphabay?

I hope they are trying to hide their tracks well. I do not use and go to the darknet but I reckon they should use a good anonymous cryptocoin like Monero to be safe.

Hansa wasn't as big as ABin terms of vendor but they had a different multi-sig setup for payments, and fewer issues because of that, in contrast with the site wallet of AB, at least as far as I could tell early 2017. As AB got worse, people moved to Hansa.

Yup, AlphaBay's shutdown sent traffic flooding into the smaller Hansa marketplace. But that new traffic of tens of thousands of users was unaware that Dutch police had already taken control of Hansa, giving them the ability to identify and track buyers and sellers. The Hansa market also got shutdown after that.

Hahaha! Those stupid fleeing criminals weren't too stupid to see that coming!! Idk, I don't condone buying drugs or weapons so why should I give a crap about this? So what, people used bitcoins. It's not going to affect the price.

You are wrong about price. When government take control over large amount of BTC they just dump it (saying from past events) causing massive,but short time price changes

Netnox

legendary

Activity: 2044

Merit: 1008

Nothing positive is going to come out of these closures. If one dark market is shut down, then another one will come in to existence. When Silk Road and Black Market Reloaded were shut down, Sheep Market Place and Silk Road 2.0 came in to existence. Alphabay came in to the picture when these two dark markets were removed from the scene.

cpfreeplz

legendary

Activity: 966

Merit: 1042

Quote from: iram1011 on July 21, 2017, 01:15:24 AM

Quote from: buwaytress on July 21, 2017, 12:18:42 AM

Quote from: bbc.reporter on July 20, 2017, 08:29:22 PM

Alphabay was all over the news for the past week but Hansa? I have never heard about it before. Are they as big as Alphabay?

I hope they are trying to hide their tracks well. I do not use and go to the darknet but I reckon they should use a good anonymous cryptocoin like Monero to be safe.

Hansa wasn't as big as ABin terms of vendor but they had a different multi-sig setup for payments, and fewer issues because of that, in contrast with the site wallet of AB, at least as far as I could tell early 2017. As AB got worse, people moved to Hansa.

Yup, AlphaBay's shutdown sent traffic flooding into the smaller Hansa marketplace. But that new traffic of tens of thousands of users was unaware that Dutch police had already taken control of Hansa, giving them the ability to identify and track buyers and sellers. The Hansa market also got shutdown after that.

Hahaha! Those stupid fleeing criminals weren't too stupid to see that coming!! Idk, I don't condone buying drugs or weapons so why should I give a crap about this? So what, people used bitcoins. It's not going to affect the price.

prehisto

full member

Activity: 882

Merit: 112

Your Data Belongs To You

Quote from: iram1011 on July 21, 2017, 01:15:24 AM

Quote from: buwaytress on July 21, 2017, 12:18:42 AM

Quote from: bbc.reporter on July 20, 2017, 08:29:22 PM

Alphabay was all over the news for the past week but Hansa? I have never heard about it before. Are they as big as Alphabay?

I hope they are trying to hide their tracks well. I do not use and go to the darknet but I reckon they should use a good anonymous cryptocoin like Monero to be safe.

Hansa wasn't as big as ABin terms of vendor but they had a different multi-sig setup for payments, and fewer issues because of that, in contrast with the site wallet of AB, at least as far as I could tell early 2017. As AB got worse, people moved to Hansa.

Yup, AlphaBay's shutdown sent traffic flooding into the smaller Hansa marketplace. But that new traffic of tens of thousands of users was unaware that Dutch police had already taken control of Hansa, giving them the ability to identify and track buyers and sellers. The Hansa market also got shutdown after that.

The fact that they took control of the whole Hansa marketplace and kept it going for a month is crazy.

In the past i looked at the Darkweb market places as some-kind of fortresses for illegal goodies but now I am realising what the situation realy is.

On slightly different note, it is completely useless exercise as same as great war on drugs. ( I am not a passionate drug user just see war as irrational approach to problem)

eckmar

legendary

Activity: 1878

Merit: 1038

Telegram: https://t.me/eckmar

Quote from: 1Referee on July 21, 2017, 04:11:55 AM

This once again proves that dark net markets don't have a viable long term existence right. It may take some time, but eventually they all go down for whatever reason. I must point out that a lot people on reddit are more or less looking at dark net markets from that point of view as well. In most cases they are quite easily accepting their loss, from where they then move to the next most popular market - that's what I call being realistic.

One of the reasons why multisig is great idea. Even if they take down the site they cannot get any money. And if they got taken down nice thing to do is releasing private keys(if admins are not in jail lol) so users can move their coins.

1Referee

legendary

Activity: 2170

Merit: 1427

This once again proves that dark net markets don't have a viable long term existence right. It may take some time, but eventually they all go down for whatever reason. I must point out that a lot people on reddit are more or less looking at dark net markets from that point of view as well. In most cases they are quite easily accepting their loss, from where they then move to the next most popular market - that's what I call being realistic.

iram1011

hero member

Activity: 896

Merit: 521

Quote from: buwaytress on July 21, 2017, 12:18:42 AM

Quote from: bbc.reporter on July 20, 2017, 08:29:22 PM

Alphabay was all over the news for the past week but Hansa? I have never heard about it before. Are they as big as Alphabay?

I hope they are trying to hide their tracks well. I do not use and go to the darknet but I reckon they should use a good anonymous cryptocoin like Monero to be safe.

Hansa wasn't as big as ABin terms of vendor but they had a different multi-sig setup for payments, and fewer issues because of that, in contrast with the site wallet of AB, at least as far as I could tell early 2017. As AB got worse, people moved to Hansa.

Yup, AlphaBay's shutdown sent traffic flooding into the smaller Hansa marketplace. But that new traffic of tens of thousands of users was unaware that Dutch police had already taken control of Hansa, giving them the ability to identify and track buyers and sellers. The Hansa market also got shutdown after that.

Iranus

hero member

Activity: 1792

Merit: 534

Leading Crypto Sports Betting & Casino Platform

Quote from: buwaytress on July 21, 2017, 12:18:42 AM

As AB got worse, people moved to Hansa.

I thought Hansa stopped accepting new arrivals when AB closed down. That's why loads of new-ish accounts were being sold at high prices, because of AB "refugees" being desperate to get on Hansa. They were attempting to move to Hansa, anyway.

Quote from: bbc.reporter on July 20, 2017, 08:29:22 PM

I hope they are trying to hide their tracks well. I do not use and go to the darknet but I reckon they should use a good anonymous cryptocoin like Monero to be safe.

Bitcoin can be alright if you use it properly. I don't know about Hansa but on Alpha Bay there was wallets for BTC, ETH, XMR and Zcash.

Still, vendors could choose what they accept of course. Most just took BTC.

buwaytress

legendary

Activity: 2968

Merit: 3684

Join the world-leading crypto sportsbook NOW!

Quote from: bbc.reporter on July 20, 2017, 08:29:22 PM

Alphabay was all over the news for the past week but Hansa? I have never heard about it before. Are they as big as Alphabay?

I hope they are trying to hide their tracks well. I do not use and go to the darknet but I reckon they should use a good anonymous cryptocoin like Monero to be safe.

Hansa wasn't as big as ABin terms of vendor but they had a different multi-sig setup for payments, and fewer issues because of that, in contrast with the site wallet of AB, at least as far as I could tell early 2017. As AB got worse, people moved to Hansa.

iamTom123

hero member

Activity: 490

Merit: 501

Quote from: richardsNY on July 20, 2017, 02:23:59 PM

I am not surprised by this at all -- deep web doesn't offer people an ultimate form of privacy, they should know that by now. I am actually surprised by the stupidity of the people behind the scenes compiling all this news. Bitcoin was pointed at (on tv) as being an illegal underground currency.... Roll Eyes

I thought we were already over that, no? On first sight it may look like bad news for people, but these situations are a 'golden' opportunity for those looking to benefit from the gap these large market places have left behind. New markets will pop up like there is no tomorrow, all in the hope to offer these wandering users a new home.

Actually, almost nothing can be private nowadays. The very technology that we can use to go private can be counteracted by another technology to peel the security layers even abruptly. This is going to be technology versus technology but since we are dealing with the power of the government they can always have their way...especially on the areas of illegal business like trading drugs and guns.

This will not be the last on this story as there will always be people brave and enterprising enough to start new market for the dark web. And the news of imprisonment for someone who started his dark web business will not stop anyone to fill the gap. This is just like watching the Tom & Jerry show...but who is the cat and who is the mouse?

bbc.reporter

legendary

Activity: 3122

Merit: 1492

Alphabay was all over the news for the past week but Hansa? I have never heard about it before. Are they as big as Alphabay?

I hope they are trying to hide their tracks well. I do not use and go to the darknet but I reckon they should use a good anonymous cryptocoin like Monero to be safe.

richardsNY

legendary

Activity: 1232

Merit: 1091

Quote from: eckmar on July 20, 2017, 03:08:16 PM

These are bad news. We still don't know if government took control over private keys of wallet used for escrow by this marketplaces (Hansa used multisig, but not for all transactions), and it's always a bad thing when government contolls large amounts of bitcoin.

Bad news for people affected, that's for sure, but with that part of my post I meant that it isn't necessarily bad news for those looking to set up their own marketplace. It's a huge gap these 2 marketplaces left behind. Something will be popping up making people forget about these dropped markets, and the one with the best alternative will make himself a very decent amount of money. Other than that, people are responsible for their own actions. If they store whatever crypto currency on a platform with relatively higher overall risks (e.g. hacks, insider theft, market getting seized), they have to accept this potential outcome.

eckmar

legendary

Activity: 1878

Merit: 1038

Telegram: https://t.me/eckmar

Quote from: richardsNY on July 20, 2017, 02:23:59 PM

I am not surprised by this at all -- deep web doesn't offer people an ultimate form of privacy, they should know that by now. I am actually surprised by the stupidity of the people behind the scenes compiling all this news. Bitcoin was pointed at (on tv) as being an illegal underground currency.... Roll Eyes

I thought we were already over that, no? On first sight it may look like bad news for people, but these situations are a 'golden' opportunity for those looking to benefit from the gap these large market places have left behind. New markets will pop up like there is no tomorrow, all in the hope to offer these wandering users a new home.

These are bad news. We still don't know if government took control over private keys of wallet used for escrow by this marketplaces (Hansa used multisig, but not for all transactions), and it's always a bad thing when government contolls large amounts of bitcoin.

richardsNY

legendary

Activity: 1232

Merit: 1091

I am not surprised by this at all -- deep web doesn't offer people an ultimate form of privacy, they should know that by now. I am actually surprised by the stupidity of the people behind the scenes compiling all this news. Bitcoin was pointed at (on tv) as being an illegal underground currency.... Roll Eyes

I thought we were already over that, no? On first sight it may look like bad news for people, but these situations are a 'golden' opportunity for those looking to benefit from the gap these large market places have left behind. New markets will pop up like there is no tomorrow, all in the hope to offer these wandering users a new home.

eckmar

legendary

Activity: 1878

Merit: 1038

Telegram: https://t.me/eckmar

Looks like Hansa market is also down at the moment.

AlphaBay and Hansa – two of the largest “dark web” marketplaces for illegal and illicit items such as drugs and guns – have been shut down, the US Justice Department said on Thursday.

Police in the US and Europe, including the US Federal Bureau of Investigation (FBI), the Drug Enforcement Agency (DEA) and the Dutch National Police, partnered to shutter the sites accused of allowing thousands of vendors to sell illegal drugs, of which Europol said there were 250,000 listings on AlphaBay alone, with 200,000 members and 40,000 vendors....

https://www.theguardian.com/technology/2017/jul/20/dark-web-marketplaces-alphabay-hansa-shut-down

Topic: [2017-07-20] Dark web marketplaces AlphaBay and Hansa shut down (Read 738 times)