Okay guys, just figured I'd make a quick video as this seems to be kind of breaking news and I've seen very little on Youtube or the internet in general about it.
Why is this relevant? Well it seems that when a dark web or deep web marketplace goes down oftentimes Bitcoin will dip a bit as well.
I believe it happenned way back with the Silk Road. More recently it dipped a bit when AlphaBay got shutdown, although obviously there were many more factors at play during that time such as August 1 uncertainty and other factors as well but none the less it dipped.
Now Hansa went down and not only that but apparently Europol and the Dutch Police were actually running the site for the past month since June 20, collecting info on vendors and customers.
If you aren't familiar or didn't see the stories about Alphabay check it out it's a fascinating story some 28 year old guy from Quebec was running it, was living the high life in Thailand with Lambos and Mansions and tens of millions in Bitcoins. He wound up getting arrested and wound up hanging himself in Jail.
Many of the customers and vendors from Alphabay wound up heading over to Hansa which apparently was some kind of sting operation. I'll link to an article which explains much more of this below...
If you're interested in the deep web and cryptocurrencies and dark markets you may want to check out AviLSD as well, another Youtuber who does a lot of videos on this topic. He is really the only one saying anything about this at this point, he did a live stream today I'll link to it below...
Anyhow, the point of this video is this. oftentimes after dark markets go down the price of Bitcoin seems to dip down a bit. Just curious if you guys think that will happen.
Also, this seems like it may be a bigger deal than past times as the government actually took over and was running one of these sites so I think people will be scared to continue to use them in the future which probably to a large extent menas