Daily: Market Carnage #2, DarkWeb Influence, Mt Gox Trials

in #bitcoin7 years ago

1:08 Market Spotlight: Crypto Carnage
4:35 Mt Gox Trials
5:52 Darkweb: Alphabay closure
7:42 Ethereum Island
8:11 Adoption: Bitcoin in 1800 post offices in Austria.
8:57 China Spotlight: Press.One
10:24 Upgrade Time

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"my austrian isnt so good" -we speak german and we dont have kangaroos here :)

I would love to know more about dark web aswell

There are just too many factors out there that can affect the price of the cryptos to say but your theory about the dark web is quite interesting. But it is quite interesting that you also mentioned the banks. It is quite possible that the cryptos are being manipulated down somehow with a follow up buying spree by the banks. I would not put it past them to think of such a dastardly scheme.

Thx for mentioning Austria in your update :).

Its does make sense that AlpahBay might have been seized by the goverment causing the hug dip in the market
This is what happened when Silk Road was shutdown.

If yes then we'll see a recovery soon

I knew it!!!!!! Alpha bay got shutdown. Government must be dumping their BITCOINS now in the open market

bitcoin chart.png

https://cointelegraph.com/news/dark-market-alphabay-goes-way-of-silk-road-after-operator-found-dead

It is iffy for me that PRESS ONE is holding a ICO in China.
Content publishing blockchain in China ?
What if the Govement does not like what you publish ?

Also I can't find the website. Is it all in Chinese ?

I always had strong feeling Mt Gox CEO took many

why is it insane :D?
the bull run before also was insane

everything normal there, just don't panic sell :)

@boxmining everybody is taking a bath right now! Poor ICO coins raising a gagillion dollars in ETH, only to have it drop by a third...

No wonder dark web has influence on why market is going down

Bubble Bubble Bubble Explosion.... I think this is quite logical after all the overpriced ICO ( even dough I did participate in some:). Indeed the Alpha Bay thing can have influence as well. It is still a baby market crypto's... only a very valuable one... Goodluck to all and hold on to the good ones wich ever one that is for you

What do you guys think will happen with cryptocurrency mining once the mining becomes less profitable? Will it drive out all the DIY miners and leave big cryptos like bitcoin in the hands of the big scale miners (Huge banks or other big companies) and would that be a bad thing?

I really like your news posts. Very straight forward and to the point. Keep up the good work. Thanks.

I know what the darkweb is, and that's it. But I am wildly interested to learn more. Just like you say, should keep an eye on it.

seems like there are reports that alpha bay has been down for a week or so

Yeah they are down no one know why. Potential exit scam