Post
Topic
Board Beginners & Help
Re: What caused the Bitcoin fall from 1k to 580$?
by
Kiki112
on 21/02/2014, 13:32:40 UTC
possibility case :
price btc go down because silkroad get hacked.
and the hacker using mtgox to cash out the money. lol

btc price is about the demand.
i can tell 40% ppl using bitcoin to buy drugs,etc on silkroad.
50% is miner
10% trader
without silkroad btc is nothing.




let as consider reality reall world ther is demund for drugs and ther iz demund for bitcoin so why are you taking silk road bazaar out of the euation

he didn't..

he said without silk road btc is nothing which means he gave SR even greater value then other facts..