The two biggest factors responsible for the escalating bitcoin price and demand are none other than money laundering and darknet business. Please note that these are additional reasons to the reasons we already discussed in first chapter where we mentioned how trading volume and prices are manipulated using cross-trading of Tether cryptocurrency and using trading bots such as Markus and Willy. 2.24 2.23 2.22 2.21 2.20 2.19 2.18 2.17 2.16 2.15 2.14 2.13 2.12 2.11 2.10 2.9 2.8 2.3 2.4 2.5 2.6 2.7 2.2 2.1 2.0 1.0 1. Darknet Business I have already discussed in detail how Bitcoin helps the darknet marketplaces to make millions of dollars in daily sales. I will briefly explain how darknet is linked with Bitcoin’s rising price. To shop online from any of these Darknet marketplaces, a user just needs two things. A TOR browser and a decentralized currency such as Bitcoin, to hide his IP address and online identity respectively. Silk road played a vital role in introducing bitcoin to darkn