Dark market double bubble

[Netnox]

After the fall of Silk Road and Black Market Reloaded, Alphabay was the largest dark market out there. I never thought that they could be taken down, as there were rumors that the servers were hosted in Russia. Anyway... Agora Market Place is still there, right?

[Anegg]

Bitcoin is used for buying illegal stuff on the dark web no doubt but whenever one of these sites gets shut down a new one just pops up so I don't think that this will have much of a impact on the price of bitcoin since if so, it would already have.

If the entire dark net was shut down that would be different and there would be a dump in the price of bitcoin.

[EthBooksPro]

Dark markets will never fade away. After Silk Road, there have been several solid ones like Evolution, Black Market Reloaded, Alphabay, Hansa Market, Sheep Market Place and many others. It's a lucrative industry for the founders. Where there's a ton of money to be made, expect a never ending cat and mouse game with the authorities.

[savon2k]

Have SYSCOIN (really working blockchain market), still possible use it for free:
https://bitcointalk.org/index.php?topic=2022288.msg20148742#msg20148742

Monero rocks according to the law enforcement files ,it's the only coin they could not figure out how much did the owner had 

[Iranus]

It'll disrupt the marketplace in as much as the users will just flock to another one as what happened when alpha bay went down people just emigrated over to Dream and Hansa. When you take a marketplace down at least one more will pop up to replace it and they know this but continue with the charade any way. The only way they'll ever win this war is by legalising or decriminalise drugs or these sorts of marketplaces but can't see that ever happening.

It looks like the Dutch police got on Reddit and elsewhere and actively encouraged Alphabay lost souls to join Hansa so they could be nailed. Perhaps they've fatally holed trust in the concept until something P2P comes along.

Do you have any evidence of that or is it just speculation from conspiracy theorists because that would almost certainly be entrapment.

The authorities openly said that they had control over Hansa Market for a month.

When Alpha Bay closed down, Hansa stopped accepting the creation of new accounts, but large numbers of unused or barely used accounts were being sold on Reddit.  So it's possible (not proven) that the authorities were trying to market to Alpha Bay refugees, either to dig out as many personal details from them as possible, to gain money or both.

There's no solid evidence that they did this, but there's certainly logic behind the theory.  It's not completely unfounded.

[Yakamoto]

https://www.europol.europa.eu/newsroom/news/massive-blow-to-criminal-dark-web-activities-after-globally-coordinated-operation

So Alphabay is a well known goner. As above the Dutch police took control of Hansa for a while before nabbing as many details as possible and closing it down.

Is this going to majorly disrupt dark markets or will it be an endless game of cat and mouse? Is there a decentralised one yet?

Probably won't do a ton to the dark net markets as they're just going to keep on moving, as they always have. It's hard to really get at something like a marketplace on the dark net and actually shut it down permanently, as you can see they went after SR and it got shut down, then SR2, then there was another I seem to be forgetting, and now these two. They'll keep moving and it won't really change.

As for a decentralized market, I don't think they'll be using OpenBazzar for dark net goods, so I don't think they have one in use yet.

[Ewinsane]

All there is a black market to be discussed by bitcoin, because there is an effect that approximates bitcoin

I will tell you in a simple words. Try to stay a ways from blackmarkets because it can harm your life. Even it is not protect if FIA or other agency arrest you by using or dealing in black market you will go to jail for many years and there would be a lot of charges charge on you. So stay away don't even discuss this type of discussion with people and neither on forum.

[buddabudda]

The European Union law enforcement agency, Europol, has for the first time published a cyber crime report examining the growing role of Zcash, Monero and Ethereum in the deep web. Europol also made an assessment of Ethereum and said it had major concerns about smart contracts that could be used to formalize payments between cybercriminals. In addition, the document cites a case about a decentralized marketplace planned to operate in Ethereum's blockchain.
What we can analyze in these cases is that, if some crypto-coin can challenge the role of Bitcoin in terms of criminal use, it will be Monero (XMR) and Zcash (ZEC) because it certainly has more to offer to the curious who wish to operate with greater anonymity.

[Jahreer]

Because of both cops & scammers, dark market deals are no more fueling the BTC growth..

But:
"On Wednesday afternoon the price of one Bitcoin (BTC) was $145.70 on Mt Gox, one of the largest exchanges for the currency.
After the news that Ross Ulbricht had been arrested and the Silk Road site seized, the exchange rate plummeted to a low of $109.76, before recovering to $124.00 late on Thursday."
(https://www.theguardian.com/technology/2013/oct/03/bitcoin-price-silk-road-ulbricht-value)

That was just ( ) 4 years ago.
24% instant drop for only this reason!! Can you believe or remember?))

[Pearls Before Swine]

I vote for the endless-cat-and-mouse-game option, because that's all it ever is when
illegal markets get shut down.  Just look at the US's failed war on drugs for an example.
It's all a big game of Wack-a-Mole, and it's never going to be anything other than that.
There's too much money to be made, and the powerful players who are in the drugs
game are just too powerful to stop.  Nor do I really think governments want to stop
drugs or illegal markets, and even if they did, they don't have enough manpower. There
will be busts here and there that the FBI will hold up as examples that they're doing
something, but all of that is a drop in the bucket.  Better to legalize drugs.

[pixie85]

The European Union law enforcement agency, Europol, has for the first time published a cyber crime report examining the growing role of Zcash, Monero and Ethereum in the deep web. Europol also made an assessment of Ethereum and said it had major concerns about smart contracts that could be used to formalize payments between cybercriminals. In addition, the document cites a case about a decentralized marketplace planned to operate in Ethereum's blockchain.
What we can analyze in these cases is that, if some crypto-coin can challenge the role of Bitcoin in terms of criminal use, it will be Monero (XMR) and Zcash (ZEC) because it certainly has more to offer to the curious who wish to operate with greater anonymity.

And that's fine. If people don't like Bitcoin because they think it's being used by criminals maybe this will change their mind. There are already coins that can do it better.

Tremendously compelling brain fart. Who came up with this?.  I will analyze.

Europol I guess  

Monero rocks according to the law enforcement files ,it's the only coin they could not figure out how much did the owner had 

You can't figure it out even with Bitcoin. You only have to remember to keep multiple wallets and never link them together in any way.
The most important thing is who you are not how much you have. If they get your name they will make you talk