Evolution has run off with all user's funds - page 2.

Furio

legendary

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BTC | LTC | XLM | VEN | ARDR

Quote from: ?? on ??

Quote from: therealmrmike on March 18, 2015, 06:05:44 PM

i am new to following bitcoin is something like this part of the drop in price today. Or is todays drop normal?

Not normal in my opinion. If anyone is interested Dopecoin is listed on SilkRoadReloaded Wink

Quit pushing your shitcoin for drugs and go back to the altcoin sub, and no this is not normal and most are speculating that the stolen coins are being dumped and lowering price. Were talking around 33million usd worth of BTC.

Anyone putting a figure on the exit scam is purely speculating, we don't know how much, because it was anonymous, and also have to say, EVI was the most professional to date, too bad they abused this skill. EVO should have gone offline anyway, because it was next on the list. The creators of EVO will be back in a few months, really don't know which market to turn to now, they can all vanish in a instant...

Snipe85

sr. member

Activity: 756

Merit: 250

Infleum

Quote from: guitarplinker on March 18, 2015, 06:32:06 PM

Quote from: pleaseexplain on March 18, 2015, 06:25:49 PM

Quote from: therealmrmike on March 18, 2015, 06:05:44 PM

i am new to following bitcoin is something like this part of the drop in price today. Or is todays drop normal?

there is nothing "normal' in terms of bitcoin volitity. usd and other currencies shift at most 1-2? in the short term bitcoin can do big jumps.

go to sites like coindesk and look at the price charts eg in 2 days in january it went from $267 to $177 and a day later back to $210.

Grin

Today's drop was more than normal, compared to daily prices changes in the past few months. Yesterday IIRC the peak was about $295 USD, and now a coin is selling for about $255 USD, which translates to a 15% drop in less than 24 hours.

A 15% drop in 24 hours normal? That's why I love this crazy world of Bitcoin. You won't find people saying things like that anywhere else in the financial world.

guitarplinker

legendary

Activity: 1694

Merit: 1024

Quote from: pleaseexplain on March 18, 2015, 06:25:49 PM

Quote from: therealmrmike on March 18, 2015, 06:05:44 PM

i am new to following bitcoin is something like this part of the drop in price today. Or is todays drop normal?

there is nothing "normal' in terms of bitcoin volitity. usd and other currencies shift at most 1-2? in the short term bitcoin can do big jumps.

go to sites like coindesk and look at the price charts eg in 2 days in january it went from $267 to $177 and a day later back to $210.

Grin

Today's drop was more than normal, compared to daily prices changes in the past few months. Yesterday IIRC the peak was about $295 USD, and now a coin is selling for about $255 USD, which translates to a 15% drop in less than 24 hours.

pleaseexplain

member

Activity: 73

Merit: 10

Quote from: therealmrmike on March 18, 2015, 06:05:44 PM

i am new to following bitcoin is something like this part of the drop in price today. Or is todays drop normal?

there is nothing "normal' in terms of bitcoin volitity. usd and other currencies shift at most 1-2? in the short term bitcoin can do big jumps.

go to sites like coindesk and look at the price charts eg in 2 days in january it went from $267 to $177 and a day later back to $210.

Grin

ChuckBuck

hero member

Activity: 1372

Merit: 783

better everyday ♥

Quote from: therealmrmike on March 18, 2015, 06:05:44 PM

i am new to following bitcoin is something like this part of the drop in price today. Or is todays drop normal?

Normal. We usually drop to $0 before retracing though, so this is a tiny move.

therealmrmike

newbie

Activity: 5

Merit: 0

i am new to following bitcoin is something like this part of the drop in price today. Or is todays drop normal?

bri912678

sr. member

Activity: 348

Merit: 250

Quote from: NUFCrichard on March 18, 2015, 02:17:01 PM

The problem here is that someone who is probably just a bit of a tech nerd found an opportunity to do well for themselves using this new and exciting technology. Soon enough he had 40k BTC under his control, that is $12million. How many people here wouldn't at least consider running off with $12million in fairly anonymous money?

This guy will probably never see that much money again, he might be a nice guy, but money currupts, and we see it time and time again in the Bitcoin world, that's why you have to be very sure of where you invest your bitcoins. I wouldn't be surprised if someone tracks him down or puts a bounty out to find him, I personally wouldn't be able to sleep or live with myself, but it is easy for me to say that when I don't have $12million under my control...

It might be way more than $12million, according to "sources", 130k BTC were stolen. I originally heard it was 40k, but it's hard to find reliable information until a story has been out for a couple of days.

http://www.deepdotweb.com/2015/03/18/interview-with-nswgreat-evolution-staff-member/

box0211

full member

Activity: 165

Merit: 101

seems like this decentralized marketplace is in live production since 2014-sept:

https://www.youtube.com/watch?v=PQZYuelwtZU

seems to be integrated into the wallet...

jbrnt

hero member

Activity: 672

Merit: 500

I don't know what Evolution is, this is how disconnected I am. This happened less than 20hours ago, someone named DeepThroat claimed to have inside information and possibly the admins real identity. Could he turn this around with 40k btc on the line? Have to wait and see. Cool

fatguyyyyy

sr. member

Activity: 406

Merit: 250

Bitcoin Mixer: https://BitLaunder.com

i meant RIPS people off

fatguyyyyy

sr. member

Activity: 406

Merit: 250

Bitcoin Mixer: https://BitLaunder.com

lol .. well, every single marketplace on the deep web eventually tips people off

Furio

legendary

Activity: 938

Merit: 1000

BTC | LTC | XLM | VEN | ARDR

Quote from: innocent93 on March 18, 2015, 06:01:40 AM

No one talks about this? It's about 40,000 BTC lost.

http://www.reddit.com/r/Bitcoin/comments/2zf5vd/the_2nd_largest_darknetmarket_evolution_has_run/

http://www.reddit.com/r/DarkNetMarkets/comments/2zeuxo/complaintwarning_evolution_admins_exit_scamming/

Not to mention so many average joe's out of serious money and in serious trouble because of it

NUFCrichard

legendary

Activity: 1218

Merit: 1003

The problem here is that someone who is probably just a bit of a tech nerd found an opportunity to do well for themselves using this new and exciting technology. Soon enough he had 40k BTC under his control, that is $12million. How many people here wouldn't at least consider running off with $12million in fairly anonymous money?

This guy will probably never see that much money again, he might be a nice guy, but money currupts, and we see it time and time again in the Bitcoin world, that's why you have to be very sure of where you invest your bitcoins. I wouldn't be surprised if someone tracks him down or puts a bounty out to find him, I personally wouldn't be able to sleep or live with myself, but it is easy for me to say that when I don't have $12million under my control...

Hazir

legendary

Activity: 1596

Merit: 1005

★Nitrogensports.eu★

Quote from: thejaytiesto on March 18, 2015, 12:02:56 PM

Quote from: cleo99 on March 18, 2015, 06:07:30 AM

I don't quite believe it's an exit scam , i've read somewhere they've got some issues due to a large amount of withdrawals

The "get the money and run" scenareo seems as realistic or more. Why would you trust a centralized exchange, let alone a centralized dark market? people dont learn.

No, people just want to have stable and secure bitcoin related projects. That is the desire for centralized services in decentralized bitcoin world. It is a shame that people running projects like that tend to be filthy scammers.

Ron~Popeil

sr. member

Activity: 406

Merit: 250

This issue is the single biggest threat to bit coin. People don't lose faith over chinese banks and potential regulations. They lose faith when their currency is stolen. People need to bring pressure on law enforcement to pursue this kind of stuff. They also need to secure their own coins. This kind of stuff is easy to avoid if you simply keep your currency offline.

redhawk979

sr. member

Activity: 271

Merit: 250

Something something The Free Market something something Rational Actors something something Best Interest something something Down with Regulations

thejaytiesto

legendary

Activity: 1358

Merit: 1014

Quote from: cleo99 on March 18, 2015, 06:07:30 AM

I don't quite believe it's an exit scam , i've read somewhere they've got some issues due to a large amount of withdrawals

The "get the money and run" scenareo seems as realistic or more. Why would you trust a centralized exchange, let alone a centralized dark market? people dont learn.

matt4054

legendary

Activity: 1946

Merit: 1035

There's already a topic here
This topic should be moved to Service Discussion

cleo99

newbie

Activity: 6

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I don't quite believe it's an exit scam , i've read somewhere they've got some issues due to a large amount of withdrawals

BitcoinExchangeIndia.com

sr. member

Activity: 311

Merit: 264

Quote from: innocent93 on March 18, 2015, 06:01:40 AM

No one talks about this? It's about 40,000 BTC lost.

http://www.reddit.com/r/Bitcoin/comments/2zf5vd/the_2nd_largest_darknetmarket_evolution_has_run/

http://www.reddit.com/r/DarkNetMarkets/comments/2zeuxo/complaintwarning_evolution_admins_exit_scamming/

GooD opportunity for those working on decentralized marketplaces.

Topic: Evolution has run off with all user's funds - page 2. (Read 2989 times)