are illegal uses of dollars affecting it's value?
i don't think so
if anything, it increases it.
money is worthless if it can't be used to do whatever you want with it.
Topic: Illegal use of Bitcoin affecting its value? - page 2. (Read 7904 times)
For me it will affect positively. Not negatively.
Kindly elaborate this one?
The Silk Road issue made a great publicity, bitcoin became more popular and widely acceptable around the world. Any kind of exposure is good for bitcoin.
Thanks to Silk Road bitcoin hit the mainstream news, news is news anyway.
For me it will affect positively. Not negatively.
Kindly elaborate this one?
The Silk Road issue made a great publicity, bitcoin became more popular and widely acceptable around the world. Any kind of exposure is good for bitcoin.
Who cares? all that matters is adoption, how you use money is your responsability.
For me it will affect positively. Not negatively.
Kindly elaborate this one?
Yeah, it probably increases price lol.
For me it will affect positively. Not negatively.
Kindly elaborate this one?There is no such thing as bad advertisement.
"The only thing worse than being talked about is not being talked about."
— Lady Bracknell, Oscar Wilde's The Importance of Being Earnest
Just like bad publicity is still a publicity.
i think because illegal use of BTC, the value won't down & maybe went up because they usually but a large amount of BTC
Maybe people (who not use BTC) think BTC used for bad purpose only
Maybe people (who not use BTC) think BTC used for bad purpose only
Correct.. It doesnt matter as long as people talks about BTC then its good for BTC.
For me it will affect positively. Not negatively.
Kindly elaborate this one?There is no such thing as bad advertisement.
"The only thing worse than being talked about is not being talked about."
— Lady Bracknell, Oscar Wilde's The Importance of Being Earnest
For me it will affect positively. Not negatively.
Kindly elaborate this one?
For me it will affect positively. Not negatively.
No it isnt, its how people using it, not how you use it that matters.
That means if you use your money to buy porn videos is that ok?
Yes bitcoin was very much a bubble at the time. The high prices of most bubbles are eventually surpassed over time as fundamentals of the underlying asset catches up to the price of the asset.
No it didn't. And if you look at the market trend you find exactly that.
It just happened that Silk Road and BMR appeared around 2011's bubble. But later that year you got BTC back at 2 USD, a drop from 30 to 2 and it remained as so with SR at full steam.
The biggest bubble so far came after SR arrests, BMR breakdown, SM theft and, a couple of months early, Atlantis closure. In the end none of those markets had any impact on the bitcoin value, maybe helped on introduce bitcoin and make it known for some people.
To the very best they increased the transactions flow; customer -> cash > bitcoin ---> dealer -> bitcoin > cash
It just happened that Silk Road and BMR appeared around 2011's bubble. But later that year you got BTC back at 2 USD, a drop from 30 to 2 and it remained as so with SR at full steam.
The biggest bubble so far came after SR arrests, BMR breakdown, SM theft and, a couple of months early, Atlantis closure. In the end none of those markets had any impact on the bitcoin value, maybe helped on introduce bitcoin and make it known for some people.
To the very best they increased the transactions flow; customer -> cash > bitcoin ---> dealer -> bitcoin > cash
No it isnt, its how people using it, not how you use it that matters.
Depends on whose using it
FIAT money should be illegal.
bad publicity is still a publicity
Has the use of Bitcoin for illegal things such as purchasing drugs, weapons, fraudulent documents and laundering money effected its value?
Maybe not from illegal activities.. Bitcoin will decrease its value if scams will be tolerated
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