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Bitcoin will probably never go back to zero. The money laundering and selling of drugs / other criminal activities will continue using it therefor it will keep
by richardknop 8y ago
Bitcoin will probably never go back to zero. The money laundering and selling of drugs / other criminal activities will continue using it therefor it will keep some small value. It has a long way to drop from $3500 though. Altcoins though will probably go to zero as they are completely useless compared to BTC at least being useful for criminals.
- gl00pp 8y agoBut criminals don't want their transactions recorded in a immutable ledger for all eternity... ...I hear they use Monero
- richardknop 8y agoIt's just Bitcoin addresses, not linked to individuals, doesn't matter it's in the ledger. These people don't go through exchanges with KYC I'd assume. They might do something like localbitcoins or shady exchanges in countries like China/Russia.