We fall again!

Right now Bitcoin price is all the way up, in its peak as it never has been before. However, it might crashes down if those darknet markets like TR and dream do not come back up. We have to take a look to the past, to our mistakes, others' mistakes, and learn from those mistakes. Otherwise, every single new market place we will be committing the same stupid mistakes.

This is not the time to buy bitcoins anymore, at least wait until dust settle down and things got clearer. Remember how Bitcoin prices crashes down when Silk Road was shutdown by the feds? Remember how Bitcoin price crashes down when Alphabay was shutdown by law enforcement? Do not buy bitcoins right now; sell them instead, because we have no idea what is about to happen.

If TR or Dream comes back up, please... be extra careful. I really felt that we have learned nothing from the past, when SR1 was shutdown by the feds and then SR 2.0 came up and you guys where fool enough to migrate there. The same situation happened between Alphabay and Hansa, some of you acted like noobs going to LE's honey pot (Hansa). The saddest part is that most of the people who did this mistakes can no longer read this, because they all are behind bars right now.

I remember way back in Silk Road times, migrate from SR1 to SR 2 was an ideological matter to show to law enforcement how bad ass we were. Times have changed though. Just a few have DPR's and Variety Jones' ideas now. Be safe you all my pals, here you are as a reminder I will quote "Libertas": "Do not fall into a false sense of security at any time on any site. Do not get comfortable. When you get comfortable you get confident, when you get confident you get cocky, and when you get cocky you get caught."

https://r2.reddit.com/r/SilkRoad/comments/1o2avv/we_rise_again_libertas/


Comments


[12 Points] None:

Darknet markets arnt even responsible for 1% of daily bitcoin transactions. You are severely misinformed.


[8 Points] dinodan420:

When Silk Road was shut down dnm activity may have been a significant amount of btc transactions but now I doubt it is even 1%


[3 Points] None:

bitcoin is such a monster nowadays, it doesn't need the markets to survive anymore. that was in 2011-2013. believe it or not, btc is a legit currency that has fought tooths and nails to be where it is today.


[2 Points] KingXombi:

Interesting


[1 Points] That_Guy_389:

Unless it's changed in the last few hours the dream mirrors work,,, I was just on a few hours ago. Got the link from Dreams sub side bar and it worked fine.


[1 Points] gerundive:

Remember how Bitcoin prices crashes down when Silk Road was shutdown by the feds?

The price of BTC quadrupled in the month following SR1 being taken down.


[-1 Points] mjuntunen:

Seems like everytime bitcoin hits a high, some wallet service or bitcoin trader disappears or goes out of business.