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Or it's because more shady merchants (drugs dealers) accept BTC. Why does anyone think it's more in-depth than that?
by 1_2__4 9y ago
Or it's because more shady merchants (drugs dealers) accept BTC. Why does anyone think it's more in-depth than that?
- iMYof 9y agoBecause something interesting is going on recently, which is what prompted OP's question. Making an observation that was just as true 6, 12, 18, etc months ago doesn't make for a compelling argument about current, new developments.
- wmeredith 9y agoBecause the BTC ecosystem has enough moving parts and varied actors that there's no way you can explain anything useful about its behavior in such a glib manner.
- oxide 9y agoThe people you're talking about DO NOT BUY and HOLD. EVER. The entire idea is to expose yourself to variable risk as little as possible. so the coins are sent literally the second you can send them. you don't sit on them for a day, even for a few hours. you also pay through the nose for decent confirmations with BTC leading to forked coins like LTC/ETH being the de-facto way today, because you pay pennies instead of dollars to get a decent confirmation time. Last year? Maybe, but not in Nov 2017 ;) Basically, you're wrong and should feel ashamed for being so ignorant.