Most of my friends asked me many times "WHAT IS BTC, HOW CAN IT BE UNTRACEABLE AND NOT BE USED FOR BAD S***T, CAN I SELL OR BUY ANYTHING  WITH IT?"

Well, step by step

If you were part of the beginning and development of BTC, you definitely know this guy ROSS ULBRICHT.

Yes... he will be in jail for a while, but the interesting part is what happened with the BTC price when he was managing the silk road.

THE SILK ROAD

I never got to join the TOR network for buying, selling, murdering or blackmailing someone, but that makes you want to see what's the BTC potenital. 

Long story short, this article

 

Bitcoin price plummets after Silk Road closure

Digital currency loses quarter of value after arrest of Ross Ulbricht, who is accused of running online drugs marketplace

Bitcoin's record high was $266

Bitcoin has experienced two major booms and busts, one in 2011 when the value of one Bitcoin went from $2 to $30 and back in little more than six months, and another earlier this year, when the price shot from $13 to a high of $266, before dropping back to a low of $50.Even on a slow trading period, Bitcoin remains extremely volatile. It is not uncommon to see the currency gain or lose 6% or 7% of its value over the course of a day with no obvious news event driving the change. The average daily change of the S&P 500 is a tenth of that.Bitcoin and Silk Road are closely linked. The site, which enables users to anonymously order drugs, guns, and more through the postal service, only takes payments in the digital currency. In doing so, it makes it significantly harder for authorities to follow the money to discover the real identities of buyers and sellers.

The FBI seized $3.25m worth of Bitcoin in the Silk Road haul. 

Obviously the major price drop we saw yesterday was people scrabbling for the exit,” says Jeremy Cook, chief economist at currency brokers World First, who describes Bitcoin as “intrinsically linked” to Silk Road. “You've bought Bitcoin as an investment, or you've bought it as a transactional medium. If it’s one, you’ve just seen a major marketplace shut down, and if it’s the other, the value has dropped suddenly. You will sell it.”

Price drop 'motivated by fear'

Emily Spaven, editor of the digital currency news website CoinDesk, agrees that fear is motivating the drop in price. “The price of Bitcoin has fallen since the closure of Silk Road, not because the website was the lynchpin of the Bitcoin ecosystem, but because some people are fearful that this is the beginning of the end.”Silk Road remained one of the most prominent large-scale operations that used Bitcoin, and the largest to exclusively require the use of the currency. While a number of establishments announced they would be accepting payments in Bitcoin, including a pub in Hackney, east London, many customers appeared to be making the most of the novelty value only.As a result, the site seemed to provide a significant share of actual use of Bitcoin. Even so, one paper from 2012 (pdf) pegged the site as making up just 4.5% of the entire Bitcoin economy. Information from the FBI’s criminal complaint suggests that the average daily volume of Silk Road trades is 10,000 BTC, again around 5% of the 200,000 BTC that the site blockchain.info says is the low end of daily transactions in Bitcoin.

Bitcoin 'not reliant on Silk Road'

“The reality is, Silk Road doesn't play any part in a high proportion of Bitcoin users' lives,” says Spaven. “The Bitcoin economy certainly isn’t reliant on Silk Road; there are hundreds of other websites that accept Bitcoins and I'm confident the list of these will continue to grow.”Indeed, Spaven raises the possibility that the Silk Road bust could be a good thing for the currency. “If anything, the fall of Silk Road has done Bitcoin a favour. Hopefully now that the website no longer exists, people will start to see Bitcoin in a more positive light and appreciate the numerous benefits it offers.” The Reuters blogger Felix Salmon agrees, suggesting that until now, the fear of such a bust may have exerted a downward pressure on prices. “With Silk Road gone, a significant source of downside tail risk has now been effectively removed from the Bitcoinverse,” he writes.The other question for the currency is what effect the FBI’s seizure of 26,000 Bitcoins, worth around $3.25m at current prices, will have on its economy. If the bureau decides to auction off the seized assets, the glut in supply could temporarily depress prices, and the removal of such a large number from circulation is in effect a monetary tightening. But Cook points out that the quantity is still tiny compared to the total number of Bitcoins available, thought to be almost 12m. “In the grand scheme of things, it's not too much of a liquidity shock.”
 

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CONCLUSION AND APPLICATIONS FOR REAL LIFE INVESTING

Following this article about Top 5 most promising coins 2017

Zcash, Dash, Monero, and some others that will come up later, are all intrinsically linked to the black market behaviour, which tends to naturally GROW these days. 

Some may not even care about this factor, but it is a key one for investing. Some websites with TOR networks offer dark services and they are incorporating UNTRACEABLE COINS, with minimum TRANSACTION TIMES, FEES, IDENTIFIERS, etc.

After the silk road display of BTC's power, WANNA CRY hack last month and all these dark coins appearing... well more than 25% of my investments go to these dark coins (not to do dark activities, but dark activities will push these coins up... which can make you legally rich).