The popularity of Bitcoin in 2018 on the darknet has doubled. What is the reason?

As shown by a fresh study of the audit cryptoform Chainalysis, the use of BTC on darknet markets have doubled over the 2018. Now the figure is equivalent to $ 2 million a day. Bitcoin due to its relative anonymity has long been used for the purchase of goods on the darknet. In addition, the impression that he is firmly entrenched as a favorite among users of dark markets, despite the existence of more anonymous cryptocurrency.

The share of BTC from the total turnover of the darknet fell to 600 million compared to 700 million in 2017. According to sources, the reduction share associated with the closure of major markets Alphabay and Hansa. These sites sold everything from guns and drugs to counterfeit documents and identity cards.

Says senior economist Chainalysis Kimberly Grauer, in spite of significant achievements the law enforcement authorities the volume of transactions continues to grow. According to her, the strong volatility of Bitcoin has not stopped the people who used to use it. If someone wants to buy something on the darknet, he doesn’t care about BTC price fluctuations.

The darknet markets stand firmly on their feet

It’s not like the darknet markets were going to disappear. As noted Chainalysis in his blog, to close such sites is incredibly difficult.

When you close one the black market, his place is taken by a few new ones.

The report also States that although after the closure of Alphabay activity of the darknet markets fell by about 60 per cent, the subsequent growth has not kept itself waiting long. Most of the trade with Alphabay rather quickly flowed in on the Dream.

Source: News.bitcoin

Not so long ago Bitcoin.com told that the activity on the darknet literally flew off the rails just after the closure of Silk Road , the first of the black market. At the same time today are smarter, more complex mechanisms, to unravel that law enforcement is very difficult. More data look at cryptodata.

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