AlphaBay Market Announced They Will Accept Ethereum

The announcement by the AlphaBay Market that they will be integrating Ethereum payments into their systems as of May 1st has elicited an array of mixed reactions from its users.

The highly popular darknet market has reached similar altitudes as Silk Road I did during its heyday.

Its adoption of a fairly controversial digital currency puts a cap on some of the problems the AlphaBay Market has recently been experiencing, particularly when it comes to payment methods.

==> Click here for the AlphaBay Guide and AlphaBay URL <==

The AlphaBay Market has recently announced that it will be adopting Ethereum payments by May 1st, 2017.

On Ethereum’s part, this will be considered a monumental victory for a digital currency that has recently been struggling for a solid foothold in a niche dominated by the long-time cryptocurrency favorite Bitcoin and an upcoming rival currency Monero.

A lot of the reactions point to a general displeasure at the adoption of what many see as a dysfunctional digital currency on a platform as authoritative as the AlphaBay Market.

Concerns over whether the highly censored Ethereum chain is worthy of a darknet market that is fundamentally run by illicit drug and weapons trading are rife.

Many users see this move by the AlphaBay Market as the beginning of a horde of problems rather than the inception of a more efficient payment system.

Bitcoin is Still the Leader, But Not for Long

Ethereum is unlikely to usurp Bitcoin from its position as the leading digital currency anytime soon.

Undoubtedly, Ethereum has quite a distance to cover to reach the heights of Bitcoin.

However, for the alternative currency to even dream of competing on an equal footing with Bitcoin, moves such as this are necessary.

The recent hike in popularity and the price of the altcoin have a lot to do with the AlphaBay Market’s decision to start accepting it as a payment method on their marketplace.

Ethereum had previously been suffering from an acute lack of real-life application, but it seems like the AlphaBay Market is determined to make that a thing of the past.

Pundits, however, are not expecting it to get the same reception as privacy-centric blockchains such as Bitcoin and Monero.

And it is for that same reason that Ethereum is unlikely to usurp Bitcoin from its position as the leading digital currency anytime soon.

That said, the future looks promising for the alternative currency.

A Rocky Start Predicted for the AlphaBay Market’s New Payment System

It is fairly clear that a lot of AlphaBay Market vendors are not happy with the integration of Ethereum payments.

With a track record of at best unsavory hard forks—one particular fork was designed to return stolen money to their owners; not the best approach for a currency that is appealing to a largely criminal user base—not even the proposed Metropolis hard fork is enough to get people excited.

Nevertheless, the AlphaBay Market has made a sound decision to finally introduce Ethereum payments.

Going by its recent hike in value and popularity, the altcoin currency has finally gotten out of the rut it had previously been in and is looking healthier than ever.

Currently, the AlphaBay Market team is in the process of setting up the payment functionality, which has a projected launch date of May 1, 2017.

Vendors on the platform will be expected to manually enable the payments by going to the account settings.

The attitude surrounding Ethereum is unlikely to change soon, especially with its surprising lack of privacy in an industry dominated by privacy-centric competitors.

Nevertheless, the AlphaBay Market users may be more accepting of the currency once the Metropolis hard fork is finally implemented.

The hard fork currently has no official launch date as of yet, though.

AlphaBay Market will set a Precedent for other Darknet Markets

AlphaBay is currently being watched by other markets that are waiting to see how their move plays out in the long run.

If successful, the popular drug-fueled darknet market will be considered a trendsetter and will consolidate their position as the world’s most popular darknet market.

If not, it will be clear that the power to make or break any large darknet market lies squarely in the hands of the consumer.

A lot of their success is clearly dependent on Ethereum’s proposed privacy-enhanced hard fork.

AlphaBay Market on Bitcoin Scaling, Monero, and Zcash

The AlphaBay Market’s observations in regards to Bitcoin congestion, Monero, and Zcash.

AlphaBay Market is currently the most widely used dark web marketplace in existence at the moment.

And even though it is hard to gauge its usage statistics accurately – thanks to Tor’s anonymity notoriety – the site’s administrator confirmed previously that a majority of the vendors from the no-longer-functional Evolution platform had made their way to AlphaBay Market.

This makes AlphaBay one of the most promising successors of Silk Road which was shut down by law enforcers in October 2013.

And as expected, the popularity of AlphaBay Market has also ushered a myriad of problems, especially with the unprecedented membership boom. And here is a quick primer on that.

(==> Click here for the AlphaBay Guide and AlphaBay URL <==)

On Bitcoin Scaling

Although recently there has been a lot of chatter on scaling Bitcoin technology.

Just as many Bitcoin-related platforms have had to deal with an increase in support tickets as a result of increased congestion on the blockchain network, AlphaBay Market has also had its fair share of problems.

One of the AlpbaBay’s support representative confirmed that there has been a sharp rise in complaints from newbie users whenever there is a backlog in the blockchain which leads to deposits taking too long to be confirmed.

And although recently there has been a lot of chatter on scaling Bitcoin technology, AlphaBay Market has not formally announced any plans to integrate a Lightning Network node or a Tumblebit bub on its platform.

The support representative claimed that the dark web marketplace has its own unique proprietary coin tumbling mechanism.

On Monero Payments

Around late August, Oasis and AlphaBay Market introduced the use of Monero payments to their sites. This saw the market cap of Monero grow to an impressive $170 million up from just about $25 million in just a few weeks.

Currently, the market cap has stabilized to just above $110 million. Even though Oasis pulled an exit scam later, AlphaBay’s Monero network is still very functional and alive.

But even then, an AlphaBay support insider confirmed that Monero payments account for a mere 2% of AlphaBay transactions.

As far as the exact numbers go, this accounts for just less than 500 transactions on average per day. The numbers might look dismal, but in reality, it represents more than a 300% growth since last August.

Yet, it is not exactly clear how much of that recorded grown has been as a result of real usage and that from speculative buyers who are moving their cryptocurrencies through the exchanges.

Zcash Usage

Zcash was launched almost at the same time that the Monero network was introduced on AlphaBay Market. And given its promising growth so far, many have been left wondering whether it could be the next altcoin set to compete against Monero on darknet markets.

If anything, AlphaBay has already expressed interest in adopting Zcash as a future alternative cryptocurrency in addition to Bitcoin and Monero.

Nonetheless, it is worth noting that Zcash market capitalization is just less than 10% of that of Monero’s.

Black Friday Sales On AlphaBay Market

Black Friday is the one time of the year when massive price drops lead millions of shoppers to flock various online and physical outlets to take advantage of the annual discounts on a wide range of products.

Websites crash and shops are often destroyed in the resulting melee as shoppers struggle to buy as many things as possible before the one-day period is over.

==> Click here for the AlphaBay Guide and AlphaBay URL <==

The AlphaBay Market and a host of other DNMs participated in the recently concluded Black Friday sales event where drugs were listed at discounted prices.
The AlphaBay Market and a host of other DNMs participated in the recently concluded Black Friday sales event where drugs were listed at discounted prices.

Traditionally reserved to mainstream online and physical shops, it is a rarity to see dark web marketplaces such as AlphaBay partaking in the tradition.

However, this year’s event was marked by significant discounts from various dark web markets, including AlphaBay as DNM customers were treated to huge discounts on drugs and other illicit items.

AlphaBay Vendors Offered Deals on Narcotics

Vocativ reported several discounts on various hard drugs, most popular of all being the $2 LSD tablets offered by drug vendors on AlphaBay Market and other DNMs, with the top priority being given to customers who purchased in bulks of ten or more pills.

The offer stated that these customers would receive refunds and quick delivery times on their orders.

To sweeten the deal, the LSD vendor was offering to provide ten free testing strips to the buyer who would want to send their order for testing at the Energy Control facility in Barcelona.

The philanthropic discounts went on AlphaBay Market where an AlphaBay drug vendor was offering massive discounts on the synthetic opiate fentanyl.

For users who were interested, $750 could get them around 2,500mg of the drug with no limit on how many purchases could be made.

The AlphaBay vendor was, however, attention-shy, owing his hesitance to the fact that fentanyl is highly illicit and very dangerous.

He was also quick to post a disclaimer, saying that he was not planning on selling his product to people who were not well versed with the use of the drug and the potential risks involved in consuming it.

He planned on setting the distinction by asking his potential buyers the potency of fentanyl when compared to heroin.

Fentanyl is a controversial drug, and its presence among the Black Friday deals will do little to prevent the abuse of the lethal drug.

Despite the AlphaBay vendor’s seemingly cautious measures, there is no guarantee that the drug will not just as easily fall into the wrong hands.

Marijuana Makes an Appearance in Black Friday Discounts

green-friday
Marijuana Businesses Embrace Black Friday and the Holidays

Marijuana, one of the most popular drugs purchased on the darknet markets, was not absent in the latest spate of discounted products this year.

In the spirit of Black Friday, one drug vendor was reportedly offering an ounce of medical-grade marijuana popularly known as Gorilla Glue #4 for $100.

Being one of the most potent strains of marijuana, this particular drug is known to have the strongest euphoric effects and is a commonly sought after treatment for people suffering from intense pain, insomnia and stress.

The award-winning strain of marijuana won first place in the hybrid category at the 2015 World Cannabis Cup.

Cuban Cigars Also on Offer on AlphaBay Market

On the less illicit products that were on sale in AlphaBay Market on Black Friday, a brand of Cuban cigars referred to as the Churchill cigars were also put on sale at discounted prices by an AlphaBay Market drug vendor.

Considered the largest Cuban cigars, the Romeo y Julieta brand is a really sought after brand of cigars, especially since the lack of a steady relationship between the USA and Cuba has effectively led to the banning of such products.

The AlphaBay Market vendor sought to cash in on the Black Friday rush by offering packs of the popular cigar at really good prices, giving cigar enthusiasts something else to be thankful for this year.

Black Friday Tradition Carries On

Bargain hunters will certainly keep a keener eye on AlphaBay Market and other darknet markets next year to capitalize on the massive sale discounts, which will definitely be turned up a notch given the success of this year’s event.

As far as the illicit drug trade goes, events such as these normalize it to a point where markets like AlphaBay Market seem more commercial than the underground criminal hubs they are often portrayed to be.

Whether this will peak the attention of the law enforcement agencies, even more, we are yet to find out.

Oasis Gone Offline – AlphaBay Conducted Software Upgrade for Monero

Owing to the recent disappearance of Oasis in what is speculated to be an exit scam, Monero’s journey to the top has been abruptly cut short, and the cryptocurrency just might have to go back to the drawing board.

The Oasis Market was the first darknet market to accept Monero as a method of payment before AlphaBay Market eventually integrated the cryptocurrency, leading to a steady rise in its value.

==> Click here for the AlphaBay Guide and AlphaBay URL <==

Temporary Downtime of MyMonero Wallet

monero-e-wallet
monero e-wallet is temporary down

MyMonero, the web wallet for Monero, became unresponsive for a few days, and users reportedly were unable to withdraw funds.

The wallet which is run by XMR developer FluffyPony remained unresponsive as theories concerning the alleged exit scam became the topic of discussion on Reddit forums.

Premeditated Exit Scam

A Reddit user HolladsHerbs speculated that Oasis’s move to integrate Monero as a method of payment was self-serving seeing as they only wanted to pump up the value of the cryptocurrency in order to make a bigger profit when they made off with everyone’s money.

Oasis was allegedly running a Pump&Dump™ game where they bought large amounts of Monero shortly before they went offline.

Compared to the 150 bitcoins that were on the website at the time it went offline, the value of the Monero currency that went missing with the site’s disappearance possibly was much more.

AlphaBay Market Downtime Due to Software Upgrade

AlphaBay Market users were subjected to a scare shortly after the exit of Oasis when Monero services on the marketplace became unresponsive.

According to threads posted on Reddit, several users could not withdraw funds and efforts to get in touch with support proved futile.

AlphaBay later responded saying that they had solved the issue and that the unresponsiveness in the Monero transactions was due to an ongoing software upgrade.

Monero’s rise to recognition has been directly attributed to the AlphaBay Market integration of the cryptocurrency.

Monero’s Vulnerabilities Have Cost it Half Its Market Price

monero is attacked
monero is attacked

MyMonero has been the victim of repeated attacks which have resulted in the theft of millions of dollars worth of digital currency this year alone.

As it stands, it is still not clear whether the security vulnerabilities stem from the wallet itself or compromised user machines.

MyMonero.co, a fake site, pointed out that the vulnerabilities were present in the wallet itself although the XMR developer, FluffyPony, had nothing to do with it.

To the AlphaBay Market users, Monero provided financial anonymity over all other aspects, and this was a major reason why the digital currency took root so fast in the marketplace.

The privacy-oriented currency’s focus on providing anonymity over all other aspects was, however, the beginning of its decline. This and the fact that Monero only had one operational web wallet gradually led to a bubble which eventually popped, leaving XMR’s initial price down by about 50%.

The fall of Oasis has had a heavy negative impact on Monero’s progress as it has effectively cut off half of its ties to the dark web and wiped off most of progress the cryptocurrency had made towards achieving the same recognition as Bitcoin.

Nevertheless, it is touted that individuals with intricate knowledge on currency speculation will retain more or less the same standing towards the XMR despite the recent turn of events which have led to a significant drop in the price of Monero.

AlphaBay under Suspicion

Bloggers warned users to keep away from AlphaBay for a while especially after the short radio silence. Users are finding the “technical issues” pretext hard to bite and believe that AlphaBay Market may have been up to something.

alphabaylogo

Some of the speculations suggest that AlphaBay Market may have been compromised by law enforcement and is now in the process of trying to take down unsuspecting users before they catch on.

Personally, I wouldn’t pay much attention to these “bloggers.” They are just looking for headlines and click bait. Just make sure you take precautions to hide your identity.

Monero Deemed Untrustworthy

On the topic of Monero, the consensus is that AlphaBay Market users should stick to the tried and tested Bitcoin and leave the highly vulnerable Monero to sort out its issues first.

The repeated failure of the MyMonero wallet has led to its portrayal as nothing but an elaborate scam whose main selling point takes advantage of Bitcoin’s biggest weakness.

The fact that users do not generate the private keys to their transactions or even have access to the blockchains for verification has been used to paint Monero as a risky venture that dark web market users should generally avoid.

AlphaBay Market Is Having Server Issues, Users Complain

AlphaBay

AlphaBay Market has been witnessing major server interruptions that have led some people to question whether it’s actually shutting down, one user said that he placed $60 into the marketplace before it developed problems and is hoping they aren’t trying an exit scam.

He was not alone in expressing this concern; others too reiterated the same message.

==> Click here for the AlphaBay Guide and AlphaBay URL <==

AlphaBay
Alpha Bay does basic maintenance for not loading properly, and the buy button was faulty

A user commented that he hoped AlphaBay Market was just doing basic maintenance, in order to rectify a problem where pages were not loading properly, and the buy button was faulty.

Others disclosed that they were caught by surprise, with the downtime causing major inconveniences for them. The site was working fine for these people just a few minutes before it went down.

Another user had purchased items from AlphaBay Market for the first time after a full month absence but is now worried that his order may not reach him considering what’s happening with the server.

He even wonders whether or not the package was dispatched to him by the seller in the first place.

Those who tried to log in after AlphaBay Market went down were unsuccessful, no matter how many times they attempted to do so.

Even after typing in password and captcha information correctly, it still kept reading “authentication failed” and there was nothing anyone could do.

A couple of users also raised concern that their accounts might have been phished, as the signs were similar to those of phishing attacks.

Further saying, unless a fake alternate URL had been used during login then there was no other reason why this issue persists.

This group of disgruntled persons is adamant that the downtime isn’t caused by server issues, taking into account that there are those who were able to create new accounts and log in successfully during this period. Such individuals complain that they can only hope for the worst since nothing else seems to make sense now.

Despite all these developments, there’s still no reliable way of communicating with the moderators, who largely remain uncommitted to giving solid reasons on what is really happening.

AlphaBay-Drugs
AlphaBay only loading parts of listings, not showing buy button or the postage drop down menu.

For the lucky few still able to log in, AlphaBay Market is slow and only loads certain parts of listings, not showing any postage drop down menu like it used to in the past.

Transferring coins to the site is also becoming a risky business, no one is guaranteed of next day delivery. Probably, the previous website code was altered, and they are now working on fixing this issue.

It could also be that AB is targeting certain individuals for their own ulterior motives, considering that some accounts can log in without any hindrances while others are refused access no matter how many times they attempt logging in.

Though most users remain skeptical as to AB’s real intention on going offline, still there are those who are optimistic that things would soon be fine.

The proponents are urging people to be patient since AlphaBay Market has proven to be reliable in the past, and it is in business for the long run.

Florida Man Selling Fentanyl on AlphaBay Market, Arrested

Chrissano Leslie, who is known by his username ”owlcity” among the users of the dark web marketplaces, was arrested in Fort Lauderdale on charges of trafficking MDMA, Fentanyl, cocaine, and a-PVP, according to reports.

Drug trafficking charges were leveled against him following a Drug Enforcement Administration (DEA) investigation into one of the most popular darknet marketplaces, AlphaBay Market, a darknet site that sells a host of illicit goods and services.

==> Click here for the AlphaBay Guide and AlphaBay URL <==

On 26th July 2016, the DEA agents raided Leslie’s home and arrested the 26-year-old Florida man.

Initially, the operation was initiated for the purpose of nabbing Leslie for dealing in heroin and fentanyl, but the agents got hold of cocaine, MDMA, and a-PVP when they raided his home.

As it stands, he will have to face all of these charges in a federal court.

The DEA initiated an investigation of Leslie after he carried out a series of drug transactions over the past year on AlphaBay Market.

In March this year, undercover agents who posed as buyers sought some amount of “China white heroin” on AlphaBay Market.

Leslie, who was operating as a vendor on the AlphaBay Market site, quickly accepted payment in bitcoins from the agents, like any other vendor operating on the site, and then duly filled in their order.

The undercover agents, who had agreed to pay $510 in Bitcoin for the shipment, wanted it to be sent to an unspecified mail drop.

According to Francisco Maderal, a federal prosecutor, Leslie reportedly told the DEA agents, for some unknown reason, that their package would be delivered from a particular U.S. Post Office in Hollywood.

The undercover DEA agents kept a watch on the said Hollywood Post Office and saw Leslie drop the package.

fentanylThe agents then intercepted the package and tested the drugs to confirm that it was fentanyl.

Subsequently, the DEA agents raided the suspect’s home.

During the raid, they found out Leslie’s computer and gleaned evidence as regards to importation of fentanyl from China.

Though the federal government is known to allow importation of some amount of drugs, Leslie’s fentanyl trafficking is not likely to fall under what is termed as the importation of personal prescriptions.

Typically, individuals in the U.S. are not allowed to import prescription drugs into the country.

However, the FDA does provide guidance for the importation of unapproved new drugs under “Coverage of Personal Importations.”

According to a DEA affidavit, criminals are taking advantage of the anonymity offered by the dark web for creating online black markets like AlphaBay Market and use them for trafficking controlled substances as well as a great deal of other illicit goods.

If the charges are proved in court, Leslie would have to serve more than ten years in jail. Of course, it all depends on how the hearing proceeds.

AlphaBay Market Users Complain About Potential Scammers

Scam

There are some potential scammers on AlphaBay Market posing as vendors to take advantage of unsuspecting users; one, in particular, was identified by a customer as buying drugs from other vendors then reselling them at around the same price.

==> Click here for the AlphaBay Guide and AlphaBay URL <==

ScamThe US-based AlphaBay Market trader has been identified as a possible ‘selective scammer,” he promised a customer 2-day shipping on some tablets and actually delivered them on time with a few extra tabs on top.

Feeling happy with this order, the client decided to make another one, and that’s when the trouble started hitting him.

He paid this vendor about two weeks ago but has not received his package.

Feeling aggrieved, the AlphaBay Market buyer sent a message directly to him asking why the products have not yet arrived despite all payments being made.

This scammer responded by saying that he had sent it a day before receiving the text, but his statement is not true considering that the inquiry was made about a week ago, and still nothing has arrived.

Currently, the vendor is seen online frequently but avoids communicating with the person he scammed.

While the seller seemed legit at first sight, it was probably just a façade meant to hoodwink people into spending their money with him.

The buyer has lost hope of ever receiving his package and cautions others from using this same AlphaBay Market vendor again.

scammer-part2Following these revelations and a possible tainted image, the scammer sought to salvage himself by writing to the victim again.

Claiming that he recently checked tracking information and it showed that his package was about to arrive, further saying that all products had earlier been processed and made ready for shipping.

But there was a security concern soon afterward that forced them to cease operations temporarily, all for the safety of their customers which always comes first.

He also assured the customer that they don’t engage in scamming activities, though the client is still not satisfied by this explanation and feels as if his vendor lied, avoided communication and fell off the grid intentionally.

For these reasons, he should not be trusted by anyone buying stuff on AlphaBay Market.

However, this isn’t an isolated case as there have been reports of similar incidents on AlphaBay Market by other vendors.

One is accused of impersonating between 3-5 accounts and using them to conduct illegal business, while at the same time taunting the original owners.

Many users have become cautious with their money following these scamming claims, with some turning for advice to other users.

Concerned users replied by saying that the best way is by checking the vendors recent feedback status, this should give anyone an idea of what to expect upon doing business with a particular seller.

Alpha02 Has Publicly Been Doxed

A former AlphaBay Market admin might have been doxed publicly based on some Reddit reports; doxing is an online form of harassment where someone’s personal details are shared out without their consent. Despite this occurrence, it’s unlikely that traders would be affected since he left AlphaBay Market much earlier in August 2015.

==> Click here for the AlphaBay Guide and AlphaBay URL <==

lyft-uber-hack-945x646Already users are expressing concern that the darknet Market isn’t safe after all, and may end up just like the previous two Silk Roads and Sheep Marketplace, which were seize by authorities. They say head admin made very rookie mistakes that raise pertinent questions on whether AlphaBay Market has a strong security system, or it will be taken down indefinitely and coins lost forever.

Nevertheless, some people are convinced that this dox claim isn’t new and was actually posted some months ago when the moderator was still active on the platform. Apparently, it was being done by a known spammer for as far back as last summer. Therefore, having a market owner doxed for close to a year is virtually impossible. Not unless it’s him trying to gain some relevance. But if not, then some users wonder whether the blackmailer receives tons of extortion requests he doesn’t really understand.

In response to this doxing claim, AlphaBay Market says they don’t know whether it’s factual or not but users should avoid panicking since the affected party is no longer active on the site. Nevertheless, if the dox is true then he probably left AlphaBay Market out of fear for his opsec issues which later on affected him. Moreover, since all postings were done in the open, the victim definitely had time to erase and encode his private information in readiness of a bust.

The chances are high that the claims are false since the former admin would have been arrested by now if indeed they were accurate. Likewise, there won’t be any evidence left by the time police catch up with him as they would have been deleted immediately his personal information appeared online. The administrator left AlphaBay Market several months ago, citing “change of heart” as the reason.

This entire doxing report may even be just an elaborate plan construed by a few individuals, considering how simplistic the “proofs” are. Nobody in their right senses can manage such a huge data leak attempt and leave behind clear evidence for the victim to see since he would likely delete them from trace.

AlphaBay-Drugs-e1440637620153 (1) assures traders that the new admins who took over in August 2015 are ahead of the game in terms of security. They are 100% sure that no clue online can trace back to them, recently revealing in a private group chat that the darknet market has NSA-proof security, and only an entire army can bring them down. Moreover, the site has a new policy where if the presiding admin does not appear online for a period of 48 hours, the account is automatically given to staff members so they can take over as temporary admin. This is to remove any evidence of a successful takedown.

AlphaBay Market Is Back Open As Normal

4Zt9DpdDk7W8DEj94_Dark-Net-Word-Cloud-v4-ForWinAfter a short absence from the darknet owing to security updates, AlphaBay Market is now up again for business on the darknet albeit with some new rules. Those registering have been cautioned that no password resets would be done, plus lost security codes will be unrecoverable, so it’s wise for users to jot down their passwords somewhere to avoid misplacement. Selling/sharing account information with others is also forbidden unless one is using the “Shared Access” command.

==> Click here for the AlphaBay Guide and AlphaBay URL <==

-1x-1Additionally, after an order has been placed on AlphaBay Market, it cannot be canceled unless the buyer comes to a mutual agreement with their dealer. Despite the comeback, some users are still complaining that their orders are not going through despite sending bitcoins to the right addresses. Submitting ticket inquiries to admin also didn’t help as they received a reply “not an alphabay address.” Other AlphaBay Market users, however, advised such people always to double-check their address before sending bitcoins.

AlphaBay Market: Users’ Accounts Temporarily Locked

shutdownAlphaBay Market recently suffered a temporary shutdown due to security reasons; users who tried logging in during this period were immediately disconnected. This issue affected everybody doing business on AlphaBay Market, with some expressing total dismay that it had prevented them from purchasing certain items they required urgently.

==> Click here for the AlphaBay Guide and AlphaBay URL <==

Following this technical glitch, some people were quick to suspect that it was another exit scam since they have been quite rampant on the darknet. With one Reddit user, in particular, saying that he had $130 in his AlphaBay Market account for making purchases, but all that was put into limbo after the shutdown has been announced. He was further disappointed that BTC value had increased by 27% by the time this was happening.

However, others urged for more patience saying it was too early to jump to conclusions since downtimes happen on almost every darknet site. People should not say it’s an exit scam at the first sign of a technicality since such claims are usually unfounded. After the disconnection has been announced, AlphaBay Market thanked users for their continued understanding as servers were being upgraded. They said logins would be enabled again within 24-hrs. duration after the downtime, but until then any attempts to sign in will be reversed by admin.

Nevertheless, users were also cautioned about a concentrated phishing attempt on online forums where hackers were giving out fake links to unsuspecting victims. Admin requested genuine account holders to report those who are sending out such referral pages so that they can be banned from AlphaBay Market completely. They also pointed that the hackers were saying members who fail to protect their accounts won’t be able to access the marketplace once it reopens again, so they would be better off sharing their login details with others online. This statement is not true and was only used by fraudsters to entice unsuspecting individuals. At first glance, the hackers seemed concerned about AlphaBay Market users’ welfare, but in truth, they were only interested in taking advantage of the situation. They could be identified by their broken English messages which were done intentionally rather than by error, for instance, one posted “Imshareing this” then went ahead to give fake promises to readers.

The AlphaBay Market moderator didn’t take this downtime lightly and went beyond his way to guarantee concerned users that it was just a temporary thing, he responded to queries genuinely giving people assurance that their money was safe. Furthermore, the updates were done at around midnight which is usually the time that most normal websites do their upgrades. But Nucleus refugees trading on this platform were still skeptical, saying that nothing is impossible considering what they recently went through at the hands of Nucleus. It’s not the first time that AlphaBay Market has experienced such downtimes; this also happened a few months ago, but the site came back to normal several hours later. Such interruptions affect both buyers and vendors alike, though the site usually comes out better than before after the upgrades are done.

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