BchainTalk Forum - Community for Blockchain Believers

Join like-minded people in a collaborative culture to share & learn.

Latest topics
» Interacting Through Decentralization: Sociall, The Blockchain Social Media Platform To End All Others
Today at 3:22 am by Vladdirescu

» Blockchain Gaming Innovators Chimaera Announce TGE Beginning 23 March 2018
Today at 2:33 am by Vladdirescu

» Physical Bitcoin Debit Cards Are Coming Back to Europe
Yesterday at 7:25 pm by Vladdirescu

» Databroker DAO Launch Pre-Sale and Announce IOT Sensor Data Marketplace, Scheduled March 19th 2018
Yesterday at 6:56 pm by Vladdirescu

» MedCredits Partner With Civic In the First Blockchain Backed Physician Registry
Yesterday at 4:14 am by Vladdirescu

» Huawei is Planning to Design a Smartphone Able to Run Blockchain Apps
Yesterday at 12:21 am by Vladdirescu

» Task Force in the UK Will Study Framework for Potential Cryptocurrency Regulations
Fri Mar 23, 2018 11:40 pm by Vladdirescu

» Regulators to Close Binance in Japan. Binance Moving to EU
Fri Mar 23, 2018 10:41 pm by Vladdirescu

» Blockchain Company Lympo Reveals Plans to Distribute Shares to Token Holders
Fri Mar 23, 2018 9:30 pm by Vladdirescu

» Qurrex, the World’s First Hybrid Cryptocurrency Exchange, is Changing the Decentralization Game
Fri Mar 23, 2018 3:49 pm by Vladdirescu

» Thaler, Property-Backed Stable Coin, to Power $5b Blockchain-based Investment Fund
Fri Mar 23, 2018 3:13 pm by Vladdirescu

» Snowden Revealed a Secret Document Showing How NSA Tracked Bitcoin Users
Thu Mar 22, 2018 9:45 pm by Vladdirescu

» FSB Chair Says Cryptocurrencies Don’t Pose Risk to the Global Financial Market
Thu Mar 22, 2018 9:24 pm by Vladdirescu

» Venezuelan Cryptocurrency Petro Banned by Trump Executive Order
Thu Mar 22, 2018 9:05 pm by Vladdirescu

» Essentia Gives Users Full Control to Their Data, ICO Starts 15.04
Thu Mar 22, 2018 8:28 pm by Vladdirescu

» Intimate ICO Launches Sex Industry Token, 7 Days Until Pre-Sale Ends
Wed Mar 21, 2018 8:58 pm by Vladdirescu

» Crowd for Angels ICO Progressing Ahead of Schedule
Wed Mar 21, 2018 4:39 pm by Vladdirescu

» Market.space Announces Partnership with Web Shield to Secure the Decentralized Cloud
Wed Mar 21, 2018 3:53 pm by Vladdirescu

» Dreams On a Smart Contract
Wed Mar 21, 2018 4:50 am by Vladdirescu

» Twitter May Ban Cryptocurrency Ads, Following Facebook and Google’s Lead
Wed Mar 21, 2018 3:35 am by Vladdirescu

How Bitcoin Price is Controlled by Dark Markets

View previous topic View next topic Go down

How Bitcoin Price is Controlled by Dark Markets

Post by Vladdirescu on Sat Oct 14, 2017 1:44 am

"I’ll pay 10,000 bitcoins for a couple of pizzas.. like maybe 2 large ones"

BitcoinTalk post in 2010

You hear stories like that all the time - someone bought, mined, or get payed in Bitcoins in 2011, dumped old computer, and then — bam! — the coins are worth 4 000 $ each in 2017. There is no use crying over spilled crypto milk — very few saw that coming. But what caused such massive cash influx into Bitcoin? Why it makes USDs — the backbone of the fiat financing — seem like a worthless peace of paper? Is BTC just a bubble? There is an answer that no one talks about.

Dark markets are Tor-powered, anonymous libertarian marketplaces, offering everything you can’t buy in Walmart— stolen IDs, cards, drugs, guns, pirated content. In general dark markets are ultra secure and anonymous, because the payments in crypto are anonymous thanks to tumblers or mixers, that basically use coinjoin protocol to launder cash. But most of the time FBI manages to find a way to either DDoS or shed a light on one or two markets each year.

The full article: https://coinidol.com/how-bitcoin-price-is-controlled-by-dark-markets/


Posts : 526
Reputation : 1
Join date : 2017-04-21

View user profile

Back to top Go down

View previous topic View next topic Back to top

- Similar topics

Permissions in this forum:
You cannot reply to topics in this forum