Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: EvenMatt on August 20, 2015, 08:20:21 AM



Title: BitcoinCrash caused through Agora ExitScam?
Post by: EvenMatt on August 20, 2015, 08:20:21 AM
hi guys
i don't have so much clue about dark webs.
but i was wondering about the bitcoins crash the last days!
now a good friend told me one of the largest markets went down called Agora?
is that the answere to the crashing bitcoin last days?


Title: Re: BitcoinCrash caused through Agora ExitScam?
Post by: pedrog on August 20, 2015, 08:32:27 AM
Very unlikely, one does not steal a shitload of bitcoins from illegal business and go dump them in exchanges, well, you can but you'll probably get caught.

It seems the crash was caused by something called "margin call" in bitfinex...


Title: Re: BitcoinCrash caused through Agora ExitScam?
Post by: tadakaluri on August 20, 2015, 08:56:50 AM
The really interesting issue here isn't bitcoin’s software but how hard it can be for a group - especially a globally dispersed group known for its libertarian and in some cases anarchist leanings - to make decisions.


Title: Re: BitcoinCrash caused through Agora ExitScam?
Post by: harrymmmm on August 20, 2015, 09:28:37 AM
The really interesting issue here isn't bitcoin’s software but how hard it can be for a group - especially a globally dispersed group known for its libertarian and in some cases anarchist leanings - to make decisions.

Most people see 'wait and see' as a bad decision for some reason.
But sometimes it's the best decision as long as while you wait, you are preparing for what you might see.


Title: Re: BitcoinCrash caused through Agora ExitScam?
Post by: poncho32 on August 20, 2015, 10:09:43 AM
Agora has been offline for some time now according to various reddit threads. According to one of them the Bitcoins deposited to accounts there are entirely controlled by Agora until they are used to make purchases so an exit scam would be feasible. Only time will tell if it's really an exit scam but Agora must control a huge quantity of coins.


Title: Re: BitcoinCrash caused through Agora ExitScam?
Post by: mattiadeabtc on August 20, 2015, 10:16:05 AM
if they want, they can stole a lot of bitcoins and then becoming whales dumping their coins