SR shutdown + btctalk hacked, many users panicked, i guess.
btc is for legal things too, so i think it will survive.
Topic: Why Bitcoin drop so much in a day ? silk road? (Read 653 times)
Dont worry, new SR will be up sonner or later
Yes, since silk road users needed BTC now that that source of demand has gone away it makes sense for the price to drop. Of course, as more places accept BTC that should help its value. So I doubt BTC is done, but this is bad in the short term.
traders reacting on news
silk road owner selling coin ?
Silk Road owner can't sell coin. Silk Road owner is in jail.
silk road owner selling coin ?
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