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?
It mightve been due to a Ransomware victim purchasing or multiple Ransomware victims that purchased Bitcoin and that lead the price of Bitcoin to increase much faster than people thought it would. Though around $2,000 is not that much for Bitcoin, there could be more people that will use Bitcoin and cause the price to get higher, the whole fact that there is not many people holding at least a single Bitcoin is kind of weird to me.