Bitcoin Forum

Bitcoin => Press => Topic started by: Karpeles on May 13, 2017, 03:34:55 PM



Title: [2017-05-13]The strange mix of reasons why bitcoin has soared to all-time record
Post by: Karpeles on May 13, 2017, 03:34:55 PM
Bitcoins traded at over $1,800 late last week, marking a new all-time high. To understand how significant this is, even in the volatile bitcoin market, the cryptocurrency’s previous record price of $1,165 took three years to topple, which happened in February this year when bitcoin traded at $1,210. That milestone has now been crushed just two months later. What’s going on?

https://qz.com/981814/the-strange-mix-of-reasons-why-bitcoin-has-soared-to-all-time-records/


Title: Re: [2017-05-13]The strange mix of reasons why bitcoin has soared to all-time record
Post by: radjie on May 15, 2017, 09:54:12 AM
Bitcoins traded at over $1,800 late last week, marking a new all-time high. To understand how significant this is, even in the volatile bitcoin market, the cryptocurrency’s previous record price of $1,165 took three years to topple, which happened in February this year when bitcoin traded at $1,210. That milestone has now been crushed just two months later. What’s going on?

https://qz.com/981814/the-strange-mix-of-reasons-why-bitcoin-has-soared-to-all-time-records/
We can not predict the rise and fall in bitcoin prices Because it all depends on market demand.
Increased bitcoin users can raise market prices,
But I am sure the next 2 months btc price has increased.