[2014-11-04] Online Drug Dealers R Accepting Darkcoin, Bitcoin’s Stealthier Csn

[botany]

Online Drug Dealers Are Now Accepting Darkcoin, Bitcoin’s Stealthier Cousin

http://www.wired.com/2014/11/darkcoin-and-online-drug-dealers/

Adoption by the narcotics underground could give darkcoin a needed injection of demand: A speculative bubble brought darkcoin’s price to more than $13 in May, making it the second-most valuable cryptocurrency after bitcoin at the time. But since then, its exchange rate has plummeted back to less than $2; all existing darkcoins are now worth close to $8 million.

[Luckylui]

Online Drug Dealers Are Now Accepting Darkcoin, Bitcoin’s Stealthier Cousin

http://www.wired.com/2014/11/darkcoin-and-online-drug-dealers/

Adoption by the narcotics underground could give darkcoin a needed injection of demand: A speculative bubble brought darkcoin’s price to more than $13 in May, making it the second-most valuable cryptocurrency after bitcoin at the time. But since then, its exchange rate has plummeted back to less than $2; all existing darkcoins are now worth close to $8 million.

I figured this was bound to happen.

[Lethn]

Surprised it took them this long to be honest, given the privacy oriented coins that are popping up all over the place now.

[Luckylui]

Surprised it took them this long to be honest, given the privacy oriented coins that are popping up all over the place now.

Very true.. some coins are ahead while others aren't far behind. It's going to be very interesting in the crypto world!

[botany]

Surprised it took them this long to be honest, given the privacy oriented coins that are popping up all over the place now.

I guess they had gotten cosy and comfortable with bitcoin.