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Topic: Two major darknet markets go downBitcoin still looked at as root cause of these? (Read 318 times)

legendary
Activity: 3654
Merit: 1217
Like it or not, but a huge number of Bitcoins are used for purchasing drugs, firearms, and other contraband in these dark markets every day and these transactions represent a major part of the total Bitcoin volumes. And dark markets will continue to exist, despite the closure of Hansa and Alpha Bay. Remember what happened after the seizure of Silk Road?
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
First the AlphaBay goes down earlier last week.

Then they have shutdown Hansa just yesterday.

What are the views of these two darkweb/darkmarket sites going down have on bitcoin?

It is being viewed when the infamous Silk road was taken down and bitcoin was to blame for it going on for so long?

Some time has passed and there does not seem to have an effect on bitcoin, while in the past a big source of the demand for bitcoin was impulsed by the dark net markets this has changed dramatically as more people have got into bitcoin now trading and gambling are way more important than the dark net markets.
hero member
Activity: 994
Merit: 500
The market seemed to have boosted since these big black/dark markets had been vetted out into the open and dismantled.

It seemed to be a win for putting bitcoin in a better light to the public
from what the hostage situation of people's data seemed to had put another black eye on the face of bitcoin a month ago
from the shadow broker crew of hackers did with wannacry and these new variants of the virus.
legendary
Activity: 1218
Merit: 1007
First the AlphaBay goes down earlier last week.

Then they have shutdown Hansa just yesterday.

What are the views of these two darkweb/darkmarket sites going down have on bitcoin?

It is being viewed when the infamous Silk road was taken down and bitcoin was to blame for it going on for so long?
Based on whats going on with the market, it looks like there is not a whole lot coming out of the two markets being closed, considering we're up around $400 over 24hrs(ish), and if there was going to be a significant impact on Bitcoin because of these two markets then we likely would have seen it by now. I don't think there is enough of a story to try and spin it as a "Bitcoin is the whole reason why this exists" like they had with SR, but if there is one they're going to be pushing their credibility for content like this.
hero member
Activity: 994
Merit: 500
First the AlphaBay goes down earlier last week.

Then they have shutdown Hansa just yesterday.

What are the views of these two darkweb/darkmarket sites going down have on bitcoin?

It is being viewed when the infamous Silk road was taken down and bitcoin was to blame for it going on for so long?
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