So I have just heard that the pump or rise in bitcoin value was due to the recent Ransomware attack. And after the recent drop, it makes sense too, I mean the price went up considerably as the demand of bitcoin went up, and now probably they are cashing in their rewards and hence the value is going down.
What do you think?
Totally no, latest rally seems as accumulated adoption in worldwide due to every exchange may shown different price.
I've never heard about someone forced to buy bitcoin because ransomware attack, maybe this attack famous in some countries but not so much affected bitcoin. Thief can not simply just threaten for bitcoin and then cash out their rewards and they could be traced, such as bitfinex bitcoin which barely not move for months.