UPDATE- R.I.P. Middle Earth?! Their wallet has been completely emptied from the 220 BTC it had as of the last update.

https://www.walletexplorer.com/wallet/MiddleEarthMarketplace

Seems like proof that MEM went the way of BB, Evo, etc, whose exit scams left a similar paper trail on walletexplorer. However, I am not knowledgeable about Bitcoin- so can someone who is explain what this all means? On the bright side Abraxas' wallet has not been withdrawn from since it went down. This is so crazy, I had figured that ME keeping their site up would have made no sense if they were exit scamming, so I figured they would come back and Abraxas would be gone. Now it looks like the reverse. Thoughts?


Comments


[11 Points] MDMangel:

Maybe the're just wearing their cloak of invisabilty?


[7 Points] None:

[deleted]


[7 Points] ShakinBottleSyndrome:

Fuck it. Let em die. Fuckin hobbits.


[7 Points] Vendor_BBMC:

Please publish the wallet address here, for posterity.

If the feds know ONE wallet used in a marketplace exit, the marketplace's owner is done for if they ever cash out. And you just know that ME are going to tumble and cash out straight away while bitcoin's price is up.

Blockchain.info is best for following stolen bitcoin, with walletexplorer used to check some addresses to know if they are in an exchange or a marketplace.

Split the wallet ID into 2 so the autobot won't delete it, If you can do that, we will be looking at gandalf's facebook profile by february, criticizing his taste in music, and looking at his "too good for him" girlfriend.


[6 Points] alexanderdelarge01:

One ring to rob us all...


[3 Points] thatskank:

https://pay.reddit.com/r/MEMarketplace/comments/3rz4yc/no_need_to_worry_me_will_be_back/


[2 Points] bfsco:

I'd like to see no market exit scam, and the post from gandalf would be nice to believe...but the transactions to LBC and Btc-e sure make me wonder.


[2 Points] Vendor_BBMC:

You would expect most marketplaces to put their commission through bitcoinfog (I think this is just commission), but I've been going under the assumption that Middle Earth run GramsHelix ("Please don't use us as a coin mixing service"), and that they are behind the weekly trashing of bitcoinfog and that childish advert at the top of the page.

220btc isn't a lot, but its probably too big for GramsHelix, which sends somebody else's bitcoin in place of yours. They're too scared to use their mortal enemy's tumbler, so maybe the bitcoin HAS gone straight to the various exchange accounts of its owners.

Risky.

I'm going to go out on a limb here with some wild tinfoil Tuesday speculation, I can't prove a thing. Sometimes you just get kicked in a certain direction, and its supported by rumors and a familiar feeling.

Imagine if Grams helix, Middle Earth marketplace, and vendor CharlieBrownco all disappeared at the same time? To me, that would prove that variety Jones was Gypsy Nirvana, not pluralofmongoose, and he was overdue his regular spell in rehab. And it would enfuriate uncle_unicorn. But who cares what Umbreon thinks. He thinks he knows every other marketplace admin in history. It wouldn't surprise me to find that he was one of the scummier SR/SR2 admins or mods before Evo.


[0 Points] GreenLeafLabs:

so when it comes back up, are you going to admit that this post was a mistake and that you had no idea what you were talking about???

https://pay.reddit.com/r/MEMarketplace/comments/3rz4yc/no_need_to_worry_me_will_be_back/


[0 Points] None:

Middle earth market and trolls abound. They have their apt home here. Fuckin trolls. Go back under your bridge. Reddit is full of bullshit.