/biz/ - Business & Finance

So the whole BTC to 0 is false, right? There is no way I can see it dropping below 2000 USD. What do the majority of normies buy their drugs of the darknet with? BTC. Sure, there are alternatives in the popular markets but we all know that near 20,000 peak last year opened eyes to everyone. Last year on Halloween it was ~4000 USD and nobody expected the surge of popularity. We saw it jump to 9000 around late November because everyone wanted their drugs before Christmas rush and that in turn sparked more value and attention to the max. But that gravy train died as quick as it peaked and has been lingering under 5000 for quite some time now. Why? If it was truly about the Christmas drug rush it should have happened this year...You know what I think after using BTC for DN after nearly a year? The whales are waiting for the spring break drug rush for bigger profit and the fact that cold weather and slow traffic tends to fuck packages A.K.A demand. The whales have to make a move soon or their value in BTC will be useless. They want to make people think the coin is dead and alt coins are on the rise from memes and media so they can sop up those BTC cheap and slam their aces down when the time to generate drug hype/BTC value is prime. I do think BTC will eventually be milked to death, as the faster the profit wave the harder the crash. If it crashes hard enough a superior coin will drown it, especially given enough time for DN markets to add it in their payment options. Steam won't take BTC anymore because it's to risky a coin value. Games are legal and can be purchased with a card. Drugs are the issue with card. March is gunna be a tsunami /biz/, I can already hear the currents churning.

Yes