sheepmarketplace close and more next.

seems the owner took off with everyone,s coins. and shut down the site.
found this on reddit.

I've been a very busy boy. All day, we've been chasing the scoundrel with our stolen bitcoins through the blockchain. Around lunchtime (UK), I was chasing him across the roof of a moving train, (metaphorically). I was less than 20 minutes, or 2 blockchain confirmations, behind "Tomas".
He was desperately creating new wallet addresses and moving his 49 retirement wallets through them, but having to wait for 3 or 4 confirmations each time before moving them again. Each time I caught up, I "666"ed him - sent 0.00666 bitcoins to mess up his lovely round numbers like 4,000. Then,all of a sudden, decimal places started appearing, and fractions of bitcoins were jumping from wallet to wallet like grasshoppers on a hotplate without stopping for confirmations.
Shit!
He was tumbling our stolen bitcoins a second time, and a tumbler is unbeatable....
Unless you guess which one it is, nearly all the coins belong to the person you're tracking, jump in with him, and get jumbled up through the same wallets using the same algorithm. I was hopping from foot to foot shouting "come on!" at my laptop, waiting an age for 6 blockchain confirmations to get 0.5 btc into "bitcoin fog". My half a bitcoin got sliced and diced through loads of wallets and I followed the biggest chunk with blockchain.info - along with 96,000 stolen ones!
I chose the shortest tumbling time - 6 hours - and my half a coin plinked back onto my android phone in dribs and drabs, sparkly and new.
I think he's asleep now in the czech republic. When he awakes, he will see my "666" next to his 96,000 stolen, freshly-laundered bitcoins. Along with lots of insults attached to fragments of bitcoins that I hope you are about to send here:-
https://blockchain.info/address/1CbR8da9YPZqXJJKm9ze1GYf67eKAUfXwP
Now I've GOT to sleep. I've just chased a thief through a washing machine for you


no wonder the price is droping today, 96,000 coins sold. holy hell... can,t trust none of the new black markets. guess blackmarket reloaded is closing soon to. here,s the link.....



http://www.reddit.com/r/SheepMarket...ust_chased_him_through_a_bitcoin_tumbler_and/

 

Very entertaining but underlines the reason why I have not touched bitcoins with a stick and am not likely to ever do so.

The digital world, especially things to do with encryption and higher end mathematics, is far too technically challenging to master for the average person, and they are therefore very vulnerable from those who have mastered it.

Writing this I see that it is the same with our "paper" money; those who understand the system well (bankers and wall street) can fuck it up for the average joe. But I'd rather have the devil I know, you know?

 

It's a big loss and it just proves how unreliable it can be, although I am all for Bitcoin. If you're getting into an underground business, you shouldn't trust anyone.

 

since the mod. bust at SR2 pandorajodqp5rzz.onion seems to be the new boooming marketplace.

28929 users

 

96k btc is sure as hell retirement money in any place