So we're going to $30 "again"? =)
It would be cool if we dropped like this. I wonder if Shroomskit managed to sell at the recent high.
yes, everyone likes a crash (no, really), but I was curious as to what allowed bitcoin to claw it's way back up after massive crashes, why didn't it die? It seems obvious to me now that silk road kept it going, and growing. Silk Road has gone - so what now?
SR is gone, sheepmarket and BMR seeing exponential growth. (AFAIK from people buying there SR merchants simply changed marketplaces and do the same as before)
Ullbricht in the media worldwide was cheap advertising for new consumers to learn that you can buy high quality stuff on the TOR network.
pandora's box opened and hdyra is grwoing more heads.
this is bullish news for adaption of btc as a blackmarket currency.
Which in turn is bearish news for BTC in general.
I'd like for BTC to get rid of that "label".
If I am out "preaching the gospel" or striking up a discussion with someone about BTC to someone that is not familiar with it at all or knows very little about it, 9 times out of 10 the conversation turns into me explaining that BTC is not only used to buy "drugs" and that "black markets" have liquidity in all currencies (fiat & crypto). I know the discussion has been beat into the ground but reading this made me resonate of how tired I get of the general ignorance of BTC being labeled the "Drug Currency".
On another note, the BTC this past week is an effing roller coaster ride. This volatility is beautiful in the eyes of a frequent trader. Its funny to think a few months back how comfortable I got with it consistently trending at the $110-$120 range.
Long time lurker on this thread, first time posting. Cheers
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