Re: [XMR] Monero Speculation

Quote from: whap on July 14, 2017, 08:41:46 AM

In truth, that may still be the case. Following the disappearance of the site, members were able to track their bitcoin wallets being emptied into several other accounts. The way in which the wallets were emptied was in a manner more common to an Exit Scam than a Law Enforcement seizure, so members currently think the other Alphabay owner, Alpha02, may be emptying the accounts and running with the assets. Those Bitcoin Wallets continue to be emptied today.

source: https://www.anglerphish.com/single-post/2017/07/13/Suspected-AlphaBay-Admin-Alexandre-Cazes-AKA-DeSnake-Commits-Suicide-in-Bangkok-Jail

That could explain the down pressure on XMR price...

There for sure is pressure, but i dont think is something drastically. It is actually hard for me o speculate how much BTC and XMR was there. All i know is that there was 100 times less XMR then BTC.

One other thing is now sure. That Quebeck raid seems to be connected to Alphabay. Lets hope we will one day hear a reason how that happened and what information leaked that location. If it will be the BTC transparency, then this might be something.