Post
Topic
Board Bitcoin Discussion
Re: Was it due to Ransomware?
by
paul gatt
on 30/05/2017, 11:58:09 UTC
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?

Ransomware is a malicious software designed to block access to a computer system until a sum of money is paid. But I guess Ransomware got nothing to do with the drop of the price there are just many users that are selling or converting their bitcoin and out of emotion they are carelessly doing that, but now that the dropping is over and the sea is calm once more there is now a chance that we will see the $3000 value anytime soon.

Sure, it does not relate to the bitcoin value drop, I think you should get more thorough information, there have been many articles announcing the reason for the bitcoin discount, but it looks like the You do not care about it, the discount of bitcoin is purely an adjustment, and it is necessary.