Post
Topic
Board Speculation
Re: What you must know about the Silk Road & The Current Bearish Market
by
hugeblack
on 06/09/2018, 09:36:08 UTC
There have also been some reports that the current sharp price drop in Bitcoin and the entire crypto market is as a result of the 100,000 BTC that was allegedly dumped from a wallet associated with the Silk Road.
A good introduction but I do not expect that site "Silk Road" or those coins "100,000 BTC" to have anything to do with what is happening now in the market.
If you check the charts, the decline was seen in the altcoins before it appears on bitcoin.
It means that the beginning of this decline is not due to those 100,000 BTC although it may affect amplifying the drop.