Silk Road founder Ross Ulbricht makes $100k Bitcoin price prediction
12 December 2019 - 6:00AM
Coin Rivet
The founder of infamous dark web marketplace the Silk Road has
predicted that Bitcoin could reach $100,000 in 2020. Ross Ulbricht
was given two life sentences plus 40 years without the possibility
of parole on charges of money laundering, computer hacking,
conspiracy to traffic fraudulent documents, and conspiracy to
traffic narcotics by means of the internet. The Silk Road operated
through the Tor web browser with drug dealers accepting payments in
Bitcoin. It was one of the first use cases of Bitcoin and one that
saw its popularity rise across the world. At the time of Ulbricht’s
sentencing in 2015, Bitcoin was worth just $235 following a
two-year bear market that saw it fall from $1,150 in late 2013.
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