Bitcoin Forum

"Monero Loses Darknet Market in Apparent Exit Scam"

https://cointelegraph.com/news/monero-loses-darknet-market-in-apparent-exit-scam


http://i1357.photobucket.com/albums/q744/EmilioMann/Captura%20de%20Tela%202015-04-27%20as%2016.34.55_zpsnbjtt2nt.png (http://s1357.photobucket.com/user/EmilioMann/media/Captura%20de%20Tela%202015-04-27%20as%2016.34.55_zpsnbjtt2nt.png.html)

Is monero to blame ? Hell no.

unless you did not know, the Exit scam of that market also took a lot of bitcoins, but I do not need RIP Bitcoin in your title.

Monero is far from being robust as BTC, but they are doing a good job and we can say that it has an interesting future ahead.

what about the stolen coin from mymonero wallet?

Mymonero wallet was not hacked, they were down because of a DDOS attack but no coins stolen.

Get your facts together.

in an alternate universe the headline said: RIP Ethereum

This is basically the MTGox of Monero - let's see how it all plays out. It has lost a lot of value in a short span

Just like the another bullshit for me, The author is so liar, the DASH boy  :P
https://bitcointalk.org/index.php?topic=1637318.0

Don't you think the Darknet market will support a better coin and that one day they'd be up again?

There are far better coins that has better feature than Monero i guess and so those who tried supporting it had thought of moving to those better coins such as SDC i guess. I personally have supported SDC myself and have bought some.

How many things have you bought or sold on Dark Markets ?

none would not touch them

It would be good to see the demise of this pointless coin. Taking far too long.

lol...

all monero-fudders, rejoice, some dashboy wrote a fud-article full of lies...

takes me back to the days when bitcoin was constantly fudded because it was so disruptive... if for every time i read "rip bitcoin" i got one satoshi...

get your facts together:
https://www.reddit.com/r/Monero/comments/560yem/whats_up_with_this_recent_influx_of_fud_and/

oasis exit scam <> the end of monero
mymonero wasn't hacked, it was just down some time because of DDOS...

thanks for the cheap coins anyway

That is sad, if it's true. But at the end of the article it said something about AlphaBay being back up. None the less, I really hate seeing people get manipulated and lose their money in such a fashion.

THe only reason for the big pump was the usage in the darnet. Now that this is gone I think it will go down much further

When something gains value because it gains usability it's not a 'pump'... Xmr is a unique coin, do some research instead of parotting idiots...

It's not the end of XMR but its the end of thoses xmr for their real owners.
:D

Darknets will never work until great smartcontracts are made and easy to use for simple minded people because druggies are mostly stupid of course.

Im so sorry....still dont change the truth of the content.
You really think XMR went that high just because its a unique coin?

I like the theory in the article that the market operator colluded in the pump so they could run away. I don't know if it's true. and what's the deal with this mymonero wallet?

nope, just regular speculation because of gaining usability (sigaint, alphabay, oasis) and great technology (cryptonote, ringct, i2p, ...) and better monetary proposition than bitcoin (opaque blockchain --> fungibility), not an orchestrated pump...

xmr is unique, research and you will find out for yourself...

best regards


theories are just that, theories... makes for a good bedtime-story, nothing more...

no deal with the mymonerowallet, just FUD... checked my coins, all is there, I believe they were ddossed, doesn't mean coins are gone...

Monero was recognized by soem darkmarkets to be most anon coin and was given to users chance to use it.  That is what boost price of monero up.

Apparently darkmarkets close quite fast so in future expect many more to close. And also many to adopt Monero.

Most trades will be still made in BTC so as was on Oasis. Lets hope that BTC will nto collapse now since they lost one market.

No way RIP Monero....

It may be a downtrend for the next couple of weeks. But XMR showed how serious can get.

Also, look at the graphs from BTC how volatile it was (and still is but not like it used to be).

Anyway, I think XMR will be a very appreciated coin.

 

i think monero is not die, its just get down for a while like btc, eth, dash, ltc. just waiting for a while and see that there are any good movement from monero and the dev. i still hold on my monero and waiting for good price to sell it.

Exactly. Sooner or later most of the coins you mentioned will grow. The crypto market is getting bigger and bigger...fiat money are introduced in this domain every day

WOW what a fucking pathetic cliche'd crypto-douche ahhahah  :D
Crying FUD then saying buy more cheap coins nom nom nom ?

HAHAHHAHAHA fuck you people are god damn losers.

Hey, brain dead dick holster rattling douche nozzle ANON shitcoin investard kidiot shills ...
WHEN do you have FEAR or UNCERTAINTY or DOUBT ?

How about using using an "unstable" *ANON* SHIT-coin on --> ILLEGAL <--  DARK MARKETS
Would THAT be the time ?
If not WHEN mouthy retards.. ?

What next ? Cry.. "Dash"

oh wait.. you did already  :D

Enjoy your "cheap coins" pathetic profiteer investards.

BUY !!1111
MOAR CHEEP COINZ !!111ONE
NOM NOM NOM

Congrats little prick.. YOU WIN !

http://wtfgadgets.com/wp-content/uploads/2015/01/Golden-Douchebag-award-400x400.jpg

MORONO = DEAD

CRYING FUD FOR BUCKS $$$ IS BIG BUSINESS !

why thank you sputz, at least your fud is straightforward!

Well it is bad news and will make price going down because of it, and if there are not fixing from the developer that will make monero will be die. But for today it is trending down on price and still not died.

nope, it's fake news...

So would this be a good time to buy some Monero, considering the news is fake. People should be more responsible in what they report. Assuming the price went down because of this news.

Actually Monero itself is not directly responsible for this. Once again 3rd party services failed. People are still repeating the same mistakes:
trusting dark marketplaces (after more than a dozen already pulled off the same exit scam) and keeping coins in online wallets with shady reputation (after reported hacking attempts).

Why monero go down?? Bag heavy, I lose shirt, now me feel cold  :'(

Yep, that story has since been proven to be fake (even by the user who they quoted in their own story) so buy XMR while it is still cheap....

To the moooooooooon!  ;D

Monero's most likely destination   ;)
http://aspirekc.com/images/Isyourbusinessatadeadend_13DFE/DeadEnd_thumb.jpg

 8)

definition scam coin not buyer and until low volume transaction
until now volume transaction monero still high
and much people still use and trading monero, you can see in poloniex about monero market

After the ethereum hack the price dropped down similar to what monero is doing and if i could go back to then now, i should have bought as much as i could when the price had crashed, It made a good recovery nearly back to previous prices. Theres no reason why monero wont do the same thing.

That is already starting to happen so if you already didn't do so, you missed out for a second time  ;)

Bullshit back up your claims.

Bring on the retarded shill accounts and morons..

Mnneroz haz nots dieded cause i has bright fures and has potential with many profits'
..says dipshit moron shill profiteer kidiot investard account #923,411

The Ethereum pump game plan was well thought off, someone once told me that the Dark market thing is not real but that Whales need such news to drive the market crazy and it end up been true, I pity the bagholders now

I buy new shirt  :o

https://telegram.me/monero

why you say RIP monero
what your reason this rational why rip monero, monero die

but only dump and pump this altcoin i think can't say this coin die

Agreed and what bugs me is these assholes think if they lay low i am suppose to forget about years worth of bullshit from them.

The behavior of the dev's etc speak volumes..

I've put my money in another unknown coin. (NAV)

Looks promising with the release of their anonymous network by the end of this month
http://www.coindesk.com/press-releases/nav-coins-anon-send-it-works/ (http://www.coindesk.com/press-releases/nav-coins-anon-send-it-works/)

I think it's the moment to jump on this train

So here's the argument? Am I getting this right? Please, someone tell me if I've got a detail wrong as it can't possibly be correct as I'm reading it--a coin meant to keep dark markets dark succeeded in keeping a dark market dark and that is a sign of its doom? Let me repeat in case you misread it (or I missed the point of this thread): a coin meant to keep dark markets dark succeeded in keeping a dark market dark and that is a sign of its doom?

Here's a link to page 1 in case someone got lost in one of the sideshows: https://bitcointalk.org/index.php?topic=1637512.msg16468462#msg16468462

What a bullshit FUD. Got anything better to FUD over? Bitcoin would be dead 100x so far if it was like this.

What about the millions of XMR that Oasis stole from users and will be dumped on the market?

Millions? You sure about that number? The article that you linked isn't sure, so unless you were involved, how would you know?

Not that it matters--my point stands (and the bigger the number, the bigger my point). Monero was designed to keep markets dark, so saying that it is "doomed because it kept a dark market dark" is the type of stupid I expect to hear on tv shows dedicated to alien abduction and bigfoot sightings.

The only thing, which is quite clear is that Monero price is back at around 0.011 BTC. In short term Monero price will go up again, but not so high - see details here from the past three months - https://coinmarketcap.com/currencies/monero/  ;D

only 13 million xmr have been mined already, since you say millionS that would mean at least 2 million xmr were stolen, right? So you're saying that in the few weeks that OASIS accepted XMR they gathered at least 15.3% of the total current xmr-supply...

If you're gonna FUD, at least try to make it the least bit credible...

TL;DR: you're stupid

best regards,

I am confused.

If Oasis did an exit scam, why are people crying fud in here? And correct me if I am wrong but isnt Oasis one of the two major dnm's to accept Monero?

We dont need to be shooting the messenger here, even if it is EmilioMann.  

i have said and i will say it again.. it's dead / doomed BECAUSE it's supporting "Dark Markets"

So thanks for reinforcing *MY* point  ;D

if the messenger is spreading outright lies (millions of xmr) then one can shoot him...

and rustynailer, you know as well as I that a market doing an exit scam <> rip one of the currencies that was used on said market...

come on man, I get that you have some sort of beef with monero, but please don't play stupid and deliver some actual critique, I know you're smarter than this shit...

best regards

first of all, it's not 'supporting' darknetmarkets, darknetmarkets start using it because it's the digital currency with the best properties for said use-case... privacy, anonimity, untraceability --> fungibility etc.

and if xmr dies, it won't be because of this, otherwise why didn't bitcoin die already, why didn't cash die already ....

ah well, rational arguments are pointless I guess,

best regards

If you are using it or involved with it then that is support.
Sorry there is now way to worm your way out of that glaring obvious point.

If as that idiot says.. Monero was designed to be used on Dark Markets and YOU use Monero then you are in fact supporting Monero and Dark Markets.

I will not support either of them in any way ever period .
But i actually have class & integrity unlike most of you greedy stupid dregs here.

And "dies" ?
Bitcoin is not fully ANON so it's a retarded comparison you just made.
But the Dark market usage with Bitcoin has in fact hampered it's adoption and stained it's reputation.
The public hears about that Silk Road shit before they hear it's a currency.

I have tried to tell you all what the public sees but you're all blind living in a bubble.

Don't take my word for it just go outside and talk to people on the street..

Spoetnik quotations remind me why I have him blocked. If the market rose based on dark markets, then it hardly seems doomed by them now does it? And if keeping them dark dooms them, then those investors who bought in on that hype are unclear of xmr's point--seems there is enough stupid to go around and then some. This is why rationale investors always win eventually--because stupid is as stupid does, consistently, over and over, for the whole course of humanity, which is take a short-sighted evaluation and equate it to long term patterns--this is why sputz failed to grasp why Monero would rise and why traders continually get beat by Monero every time there is a rise--they simply can't process information that takes more than two months to digest.

without DNM's btc would be dead already, it would have never got the traction needed... people would still be paying everything with credit cards, because it's easier, faster, more familiar...

the only reason people started using bitcoin was because of DNM's, sure, you got some libertarian hard money fans who wanted to use such currency and saw how it could be a defense against the paper currency scam, but that ain't the reason bitcoin got mainstream-traction... It started with DNM's, it grew on DNM's, and then it got to more mainstream...

I think you are the one who got things turned upside down...

Okay then,

Alphabay are now the undisputed largest DNM which makes them the tall poppy that Law Enforcement will be in no doubt going after. Its a centralized market and its just a matter of time before it is taken down or the operators jump ship. And without Alphabay, Monero would soon disappear into irrelevance as some far superior platforms take its place, its a one trick pony after all.

Yes, law enforcement will be going after them, so what currency would you use, a currency where a transaction history can be looked up? Eventually possibly connecting some addresses to a source address where you possibly needed to go to a KYC-process to obtain your coins? Or a currency that is fully private, has an opaque blockchain an your transaction history can't be looked up, so there's no possibility to connect it to your identity, even if you had to go through a KYC-process... Vendors and consumers benefit from monero in this case, als the dnm-owners benefit from monero in this case... I can't see how this is an argument against using monero? It protects you from said LE-agencies...

Why would monero disappear without alphabay? why didn't bitcoin disappear without SR? Why wouldn't other DNM's spring to life using monero... sure, monero could get a (heavy) blow, but the use case will always be there...

I would love to see superior platforms come to life, but why wouldn't monero fit in with those? Do you really believe that a decentralised market intrinsically has to be coupled with just one currency? I don't, I hope there will exist lots of DMP's (to avoid state control/oppression) with different properties, and they will probably use different currencies...

I hate to see why people want some coin not to succeed just because they're invested in something else, I love competition, especially currency-competition, so why always look for a stick to hit the dog and try to come up with fake arguments (sorry, but that's what your arguments are, fake...)? Monero is the go to private currency at the moment, if something better surfaces, I'll praise it, but untill now I found nothing that is true competition for monero...

and it's not a one trick pony, monero beats bitcoin, technologically and 'monetarilly', bitcoin has the network-effect though...

What if there was a completely decentralized anonymous market that couldn't be exit scammed or shut down?  The platform to take down Monero is already here. Umbra

I think that's a nice initiative, but I read up on SDC, it has/had some problems, don't like the P&D hypes with countdown clocks either... but as said before, I love competition, so let SDC bring it on, I'll praise it if it works out...
And again, even if this works, I don't believe it will automatically bring down monero... other DMP's can spring in existence (openbazaar) for example, where one can choose which currency to use, I don't believe a DMP has to be hardcoupled with one specific currency...

best regards,

Maybe you should read up a little more history because you will find more P&D hypes with Monero.

But lets get down to the tech.  Can you explain to me any of the advantages Monero has over Shadow, I am struggling to see any. 

http://i65.tinypic.com/oity0n.png

sorry, this topic is about 'rip monero' because of exit-scam, nice schema you got there, but there are already other topics where this is heavily discussed:
https://bitcointalk.org/index.php?topic=1140006
https://steemit.com/blockchain/@jimmco/monero-vs-shadowcash-epic-anonymity-crypto-fight
http://monero.stackexchange.com/questions/1414/how-does-shadowcash-compare-to-monero
https://shnoe.wordpress.com/2016/02/11/de-anonymizing-shadowcash-and-oz-coin/  (I know I know, you're gonna post your article and say monero had the same bug, this was on testnet however... SDC has proven lack of peerreview, that's actually what bothers me the most...)

so everyone can do his/her own due diligence using google... I did mine...

good luck and best regards,

Thats great that you did your due diligence, but lets get down to the tech here.

You have done your googling, can you explain what advantages Monero has over Shadow?

I know what you're trying to do, I won't do it, this discussion does not belong here... by all means, open yet another topic discussing both coins, it will end in a shit-throwing-contest (again)

best regards,

It looks monero has very strong support at 0.01, so in the short term it may keep this price, but I hope xmr have dumped so we can get cheaper monero

If Monero loses the support from Darknet marketplaces, then it goes back to the beggining and lose all kind of interest...

I just really found out about Monero. RIP, we hardly new ye. (It's an attempt at humor.)

It didn't.. you are full of shit worse than this topic :D

This has been posted and debunked lots since the Monero / DM news made it's rounds.
(probably by you with your other puppet shill accounts)
Nice try though.. again.

PS:
Block who ever you want "Mr. fungibility".

"best regards"

I just bought a bunch because its coming back and coming back in a serious manner. Just watch and learn and remember that patience is key.

If you think you made a good decision, you better think again.

only bad analys trade and lost much money
can say altcoin is big community big volume transaction , can say scam game over or RIP

Ok thanks for the pro tip "FULL MEMBER"

I will run out and mortgage my house and buy Silk Road Morono's NOW !1111ONE

So happy I bought back in. XMR to the moon baby. Dont stop now!

XMR is a great coin and has been so for some time now. This little upset will do nothing to the greatness that is Monero !
It does have some backing here and there as some companies have adopted it as a payment method and not many altcoins and boast that now can they ?

Long live Monero !!

Well, a successful cryptocurrency will attract obituaries once in a while. People have stopped counting the number of times that obituaries have been written about Bitcoin. This won't be the last obituary written about Monero as well.  :)

Depends on your definition of dead now doesn't it.

What would you call it when Monero has not accomplished anything since it started 2'ish years ago..
Except Dark Market usage which turned out to be a flop.

What are you all tying your Monero hopes to now ?

Maybe scrounge up enough cash for a $45,000.00 Nascar paint job ?  ;D

one word: FUNGIBILITY...

XMR is the only truly fungible digital cash, that's a fact... I can see the value proposition in that, obviously you can't... future will tell if 'the market' will value it...