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1. Around 2013-2014, dark web had an influence on bitcoins price, the silk road shutdown did affect bitcoins price, but it is 2017, the adoption has increased hundredfold. Japan legalized bitcoin, do you think it is because Japanese are into dark web. Japan, US, China, the three big players in trading volume, guess all the majority of trade and a price of $3800 is pumped into dark web, ain't it? Stop drawing the equation, bitcoin = dark web. It is a fact that dark web markets are dependent on bitcoins for their success, but bitcoin doesn't give a damn about their failure. Recent eg: Alphabay.

2. Yeah, banks could create a mess for bitcoin, question is would they? If they do how much is it going to be effective against a decentralized currency which is growing at a rapid rate. At a time when countries are realizing the potential of bitcoin and trying to capitalize/integrate it into their economy, I don't see a bank threat anytime soon.

3. Guess it is about the deflationary spiral. Yeah when all the bitcoins have been mined and everyone is hoarding, demand would gradually die, price would plummet and if that happens hoarders would dump their bitcoins to meet the small demand and then supply and demand cycle begins again. But what I think would happen is there would be a constant circulation of bitcoins to keep the market stable. In future bitcoin might become a somewhat stable medium of exchange.

As far as rich vs poor is concerned, you can't blame bitcoin, economic system ain't fair, but bitcoin is divisible, if you can't afford 1 BTC then you can settle down for 0.1 BTC and do remember it is never too late to invest in bitcoins.
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Thanks for the response! A lot of good input and points! Thanks for touching on all three of my concerns.

As far as the last paragraph, I understand it's not bitcoins fault. I just don't think it's good for smaller buyers such as myself, or maybe I just a little jealous I can't afford multiple bitcoins. 😜

Thanks again
New2Coin
Bitcoin is King #BiK