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All Posts Tagged Tag: ‘bitcoin silk road’

Bitcoin Crash: Beginning Of The End?

Even when the value of the bitcoin was going up, soaring to ridiculous heights, there were whispers of doubt. “It’s the 90’s ‘dot.com’ bubble all over again”. Despite the skepticism, speculators looking to get rich quick ignored the warnings, vying to get a hold of as much of the cryptocurrency as possible. One man even took advantage of their real …

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Bitcoin Value Drops And Bounces Back

Bitcoin values dropped 20% in just 3 hours after the online drug enterprise, Silk Road was shut down and had its domain seized. Silk Road’s founder, Ross William Ulbricht was arrested on Tuesday and the site was seized by the FBI just hours later. Silk Road used Bitcoin as its only form of currency so it is easy to see …

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