RE: Are crypto crashing because of the Alphabay DNM downing ?

You are viewing a single comment's thread from:

Are crypto crashing because of the Alphabay DNM downing ?

in bitcoin •  7 years ago 

Interesting topic, might be one of the reasons for starting this downspiral

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

With the importance and status of Alphabay, i think the price drop is related.
You just have to take a look at the official reddit of Alphabay to see how many people were affected and sometimes for large amounts of coins. With that in mind, i think some "druglords" are closing positions and cashing out to fiat because they fear being caught by LE.