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2783832 No.2783832 [Reply] [Original]

https://www.wsj.com/articles/illegal-goods-website-alphabay-shut-following-law-enforcement-action-1499968444

Will this cause a downturn in cryptocurrency prices like when Silk Road was shut down?

>> No.2783844

>>2783832
I'm here from the future btc will go down from 2300 to 2200 act fast!

>> No.2783850

>>2783832

was alphabay ever that popular in the first place?

never heard of it

>> No.2783853

>>2783850

yeah it was the #1 darknet market. if you've never heard of it you obviously are a total noob to crypto

>> No.2783874

>>2783832
Something else will rise to take its place
The black market is too profitable
Supply demand

>> No.2783882

Large marketplace allowing people to sell illegal stuff (CP, drugs, weapons, etc.) never lasts. I'm glad it was shut down.

I don't see why it would cause crypto to crash. It's much easier to buy illegal stuff with fiat...

>> No.2783889

it's fucking pointless, they only do it for the news creds. Oh look how great we are, we shut down this illegal marketplace wahhhhh. So the normies feel safe and protected.

Like with anything, you shut it down, another opens, leave it be. Most normies are too fucking brain-dead to figure out how to access it anyway.

>> No.2783901

harsh

>> No.2783949

>>2783882
>I'm glad it was shut down.
You are a faggot.

>> No.2783962

>tfw people are loathe to admit it, but cryptos are backed by drugs and CP sold on those deep web markets, the same way fiat currencies are backed by goods and services offered by entities within those countries

>> No.2783967

something something BITBAY LITERALLY THE NEXT SILK ROAD

>> No.2783982

>>2783962
this
bitcoin would not even be a grand if deep web didn't exist

>> No.2783992

>>2783832
2017 - dont have domen name....
https://bitcointalk.org/index.php?topic=1984615.0

>> No.2783998

>>2783967
Seconded for BAY. Just watch the upcoming weeks..... comfy gains general

>> No.2784000

>>2783882
>CP
obvious never went to alphabay, opinion discarded

>> No.2784006

>>2783882
> I'm glad it was shut down.

kys statist cuck

>> No.2784007

>>2783998

Comfy gains, can't be shut down, this kills the juden

>> No.2784018

>>2783962
We don't loathe it we just don't like spreading bad press.

>> No.2784025

well this is sad. I think crypto is just gonna become a big corporate scheme in the future anyway, sadly. All people talk about is big biz when it comes to it nowadays

>> No.2784032

what's the next best place to buy weed?

thanks

>> No.2784043

>>2784018
This.

You could say the same thing about fiat sponsoring terrorism in foreign countries.

>> No.2784044

>>2783832
you're a week late
https://news.bitcoin.com/major-darknet-marketplace-alphabay-goes-down-exit-scam-speculations-arise/
I shorted BTC as soon as I saw this

>> No.2784045

>>2784032
Invest in a weed mining rig

>> No.2784098

>>2784032
>2017
>living in a place that doesnt have legal weed

Bruh

>> No.2784114

>>2784043
Fiat isn't 100% backed by illicit goods though.

>> No.2784118

Any alternatives?? Inb4 Dream market

>> No.2784133

>>2784032
CGMC
few vendors, all are required to have pretty good rep on past sites.
great prices, great quality..

>> No.2784142

>>2783967
>>2783998

WE FINNA BE RICH!!!!!!!

>> No.2784144

>>2783889
as an anon who used ab, i disagree

the feds are going to take down some of the big vendors, once they get their hands on the drives its only a matter of time.

>> No.2784159

>>2784114
Neither is crypto.

>> No.2784179

>>2784144
This. My dad works for the feds and is modding his camry with the bitcoin seized.

>> No.2784187

>>2783967
>>2783998
bitbay becoming a decentralized crypto exchange instead u heard it here first

>> No.2784195

>>2783850

BTC transactions are down 50% since it got popped on the 4th.

>> No.2784210

>>2784187

lol that would work but i'm trying to buy a boat with my BTC senpai.

>> No.2784217

>>2784159
It literally is though

>> No.2784222

New.particl.io

Thank me later.

>> No.2784268

>>2784159
Average Bitcoin transaction cost is like $1.70 now.

Nobody pays that much to move money around unless they're trying to buy drugs, booze, or hookers.

See also: How those bar and 24/7 convenience store ATMs keep making money despite charging $5 per transaction

>> No.2784276

>>2783832
>2017 - dont have domen name....
>https://bitcointalk.org/index.php?topic=1984615.0

>> No.2784502

>>2783882
>It's much easier to buy illegal stuff with fiat...
Also much less safe.

>> No.2784510

>>2783832
Who cares, if there's a market for it, something else will come.

Supply and demand.

>> No.2784524

Crypto is arguably better than fiat in almost all aspects, but the main reason why it won't crash and will keep rising is because it's basically money laundering and tax evasion wet's dream.

>> No.2784637

>>2783832
silkroad was shut down in 2013 august, BTC was @$170~
by december, BTC was @$1180

silkroad didn't cause any short of crash, maybe a very temporal dip

>> No.2784808
File: 2.17 MB, 388x356, ddda9b3e314bda8bf31c24c3c5c74b6024e9eff3d15e32107516f8a60b5d6f9c.gif [View same] [iqdb] [saucenao] [google]
2784808

>>2783962
>the same way fiat currencies are backed by goods and services offered by entities within those countries
In god we trust goy

>> No.2784823

fuuuuck my ketamine isnt going to arrive, is it?

>> No.2784838

>>2784637
Holy shit bitcoin confirmed $14,000 usd by december

>> No.2785251

>>2784838
confirmed by some asshol* ?

>> No.2785268

>>2784118
DHL is pretty good but you need an invite to sign up.

>> No.2785315

>>2784502
Not memeing, but anyones first purchase with fiat gained from crypto needs to be a firearm.

Plus they're fun and hold their value well on top of keepong yourself protected.

>> No.2785321

So this is why Bitcoin crashed?

>> No.2785622

>>2783832
What is AlphaBay?

>> No.2785632

>>2784032
I just go to a local weed store and pay with cash.

>> No.2785679

>>2784032
Cops don't really care about arresting people for weed anymore, so literally anywhere.

>> No.2785692

>>2783844
H E W A S R I G H T

>> No.2785703

Anyone use Hanza?