Post
Topic
Board Economics
Re: Silk road impact on BTC price ?
by
ranochigo
on 22/09/2015, 14:59:59 UTC
After the first version of Silk road went down, the price did drop quite significantly. Investors might just have the mentality that a large volume of Bitcoin was generated by silk road as the adoption rate was small then. It rebounded after that, the second silkroad didn't have much impact likely due to the already high adoption rate and there are better alternatives to silkroad.