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Author Topic: Evolution has run off with all user's funds  (Read 2676 times)
guitarplinker
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March 18, 2015, 10:32:06 PM
 #21

i am new to following bitcoin is something like this part of the drop in price today. Or is todays drop normal?

there is nothing "normal' in terms of bitcoin volitity. usd and other currencies shift at most 1-2? in the short term bitcoin can do big jumps.

go to sites like coindesk and look at the price charts  eg in 2 days in january it went from $267 to $177 and a day later back to $210.

 Grin


Today's drop was more than normal, compared to daily prices changes in the past few months. Yesterday IIRC the peak was about $295 USD, and now a coin is selling for about $255 USD, which translates to a 15% drop in less than 24 hours.
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March 18, 2015, 11:24:58 PM
 #22

i am new to following bitcoin is something like this part of the drop in price today. Or is todays drop normal?

there is nothing "normal' in terms of bitcoin volitity. usd and other currencies shift at most 1-2? in the short term bitcoin can do big jumps.

go to sites like coindesk and look at the price charts  eg in 2 days in january it went from $267 to $177 and a day later back to $210.

 Grin


Today's drop was more than normal, compared to daily prices changes in the past few months. Yesterday IIRC the peak was about $295 USD, and now a coin is selling for about $255 USD, which translates to a 15% drop in less than 24 hours.

A 15% drop in 24 hours normal? That's why I love this crazy world of Bitcoin. You won't find people saying things like that anywhere else in the financial world.

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March 19, 2015, 06:09:18 AM
 #23

i am new to following bitcoin is something like this part of the drop in price today. Or is todays drop normal?

Not normal in my opinion. If anyone is interested Dopecoin is listed on SilkRoadReloaded  Wink
Quit pushing your shitcoin for drugs and go back to the altcoin sub, and no this is not normal and most are speculating that the stolen coins are being dumped and lowering price. Were talking around 33million usd worth of BTC.

Anyone putting a figure on the exit scam is purely speculating, we don't know how much, because it was anonymous, and also have to say, EVI was the most professional to date, too bad they abused this skill. EVO should have gone offline anyway, because it was next on the list. The creators of EVO will be back in a few months, really don't know which market to turn to now, they can all vanish in a instant...
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March 19, 2015, 11:56:45 AM
 #24

The approximate amount is known a staff member came forward.  As for the owners I am sure they made dangerous enemies and they better hide
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March 19, 2015, 12:35:38 PM
 #25

Did they dump some stolen bitcoin ?
Bitcoin price dropping about 15% after this news released Sad

And as usual, it's dangerous to keep your bitcoin at third-party Sad

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March 19, 2015, 12:39:43 PM
 #26

The approximate amount is known a staff member came forward.  As for the owners I am sure they made dangerous enemies and they better hide

Why should they hide, they were so hardcore pro that no-one knows who they are. They were the only darkmarket with so good security that were never down, NEVER! Believe me that authorities wanted them down in the same time als silkroad reloaded, but they simply couldn't. Those guys will return with a new darkmrket in a few months, really don't know who to trust now, the only option now is a decentral market, with no-one in charge, but that seems impossible...
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March 19, 2015, 12:42:29 PM
 #27

The approximate amount is known a staff member came forward.  As for the owners I am sure they made dangerous enemies and they better hide

Why should they hide, they were so hardcore pro that no-one knows who they are. They were the only darkmarket with so good security that were never down, NEVER! Believe me that authorities wanted them down in the same time als silkroad reloaded, but they simply couldn't. Those guys will return with a new darkmrket in a few months, really don't know who to trust now, the only option now is a decentral market, with no-one in charge, but that seems impossible...

time to check NXT Freemarket or OpenBazaar Smiley

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March 19, 2015, 12:43:35 PM
 #28

The approximate amount is known a staff member came forward.  As for the owners I am sure they made dangerous enemies and they better hide

Why should they hide, they were so hardcore pro that no-one knows who they are. They were the only darkmarket with so good security that were never down, NEVER! Believe me that authorities wanted them down in the same time als silkroad reloaded, but they simply couldn't. Those guys will return with a new darkmrket in a few months, really don't know who to trust now, the only option now is a decentral market, with no-one in charge, but that seems impossible...

time to check NXT Freemarket or OpenBazaar Smiley

Nucleus, pandorra or middle earth are better in my view Smiley Yet EVO really was the best....
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March 19, 2015, 12:47:22 PM
 #29

The approximate amount is known a staff member came forward.  As for the owners I am sure they made dangerous enemies and they better hide

Why should they hide, they were so hardcore pro that no-one knows who they are. They were the only darkmarket with so good security that were never down, NEVER! Believe me that authorities wanted them down in the same time als silkroad reloaded, but they simply couldn't. Those guys will return with a new darkmrket in a few months, really don't know who to trust now, the only option now is a decentral market, with no-one in charge, but that seems impossible...

time to check NXT Freemarket or OpenBazaar Smiley

Speaking of which, when the heck is OpenBazaar launching?!

Sh#t's taking too long, we NEED a Decentralized market place badly, especially with this Evolution news.

No trust whatsoever with centralized market places, even with multi-sig escrow...

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March 19, 2015, 02:08:57 PM
 #30

The approximate amount is known a staff member came forward.  As for the owners I am sure they made dangerous enemies and they better hide

Why should they hide, they were so hardcore pro that no-one knows who they are. They were the only darkmarket with so good security that were never down, NEVER! Believe me that authorities wanted them down in the same time als silkroad reloaded, but they simply couldn't. Those guys will return with a new darkmrket in a few months, really don't know who to trust now, the only option now is a decentral market, with no-one in charge, but that seems impossible...

time to check NXT Freemarket or OpenBazaar Smiley
This was a known drug market though, you think OpenBazaar will be a drug marketplace? Because I was hoping for a decentralized eBay style not a silk road style.

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March 19, 2015, 03:20:49 PM
 #31

How many Bitcoin exactly did evolution stolen? Some say 400 Bitcoin while coindesk says $12 Million in Bitcoin? What's the truth?

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March 19, 2015, 03:29:28 PM
 #32

How many Bitcoin exactly did evolution stolen? Some say 400 Bitcoin while coindesk says $12 Million in Bitcoin? What's the truth?

Coindesk loves to exaggerate and they rarely investigate and confirm their news. Large part of the stuff they're producing comes from these news tips that people are sending and the rest is from google.

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March 19, 2015, 03:49:33 PM
 #33

Did they dump some stolen bitcoin ?
Bitcoin price dropping about 15% after this news released Sad

Most likely to be a dump from the stolen coins, I can imagine that they would try to get rid of the coins as soon as possible.

How many Bitcoin exactly did evolution stolen? Some say 400 Bitcoin while coindesk says $12 Million in Bitcoin? What's the truth?

CoinDesk is known for exaggerating. Read around on reddit and determine your mean.

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March 19, 2015, 04:00:08 PM
 #34

This issue is the single biggest threat to bit coin. People don't lose faith over chinese banks and potential regulations. They lose faith when their currency is stolen. People need to bring pressure on law enforcement to pursue this kind of stuff. They also need to secure their own coins. This kind of stuff is easy to avoid if you simply keep your currency offline.

"hello, officer jones, I need your help."

"what can i do for you?"

"Someone on the internet said they would give me internet money if I mailed them drugs, to make sure no one got ripped off someone named Vector would hold the money until the drugs were shipped. After I put the drugs in the mail Vector ran away with my internet money."

"Ok, son, we'll find your internet money while you're in jail for putting drugs in the mail and possession with intent to sell, hopefully we'll find it in the next 5 to 10 years, have a good night."

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March 19, 2015, 04:56:57 PM
 #35

But isnt this old news though? I mean the whole running away darkemarkets users funds etc.

I remember most darkmarkets are good for a certain time, and the owner decides to pull the plug and sweep all the btc stored in escrow supposedly.

Then comes back with a new name, new face, with the same concept to pull this all over again.

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March 19, 2015, 05:20:47 PM
 #36

But isnt this old news though? I mean the whole running away darkemarkets users funds etc.

I remember most darkmarkets are good for a certain time, and the owner decides to pull the plug and sweep all the btc stored in escrow supposedly.

Then comes back with a new name, new face, with the same concept to pull this all over again.

Yup. That's not going to stop druggists coming back time and again though. It's about as perfect a scam as is humanly possible.

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March 19, 2015, 05:56:03 PM
 #37

every market on the darknet is eventually a scam .. pays more to run with the funds rather than wait for the feds

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March 19, 2015, 06:06:58 PM
 #38

every market on the darknet is eventually a scam .. pays more to run with the funds rather than wait for the feds

If the market doesn't run with the funds, then it's probably the feds who are running it in the first place.

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March 19, 2015, 07:53:55 PM
 #39

How many Bitcoin exactly did evolution stolen? Some say 400 Bitcoin while coindesk says $12 Million in Bitcoin? What's the truth?

This newspaper says one whistle-blower claims that they have taken 130,000 Bitcoins belonging to users.

http://www.telegraph.co.uk/technology/news/11482252/Creators-of-drug-dealing-website-flee-with-22.5m.html
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March 19, 2015, 08:50:56 PM
 #40

when are people going to learn not to store funds in online wallets? ESPECIALLY not a freakin' darknet wallet .. ugh

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