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Title: Wondered whos pushing BTC price? Here is the answer. Post by: kingscrown on May 23, 2014, 09:01:40 PM http://fuk.io/first-bitcoin-atm-in-poland-coming-soon-and-infos-on-polish-people-kicking-btc-price-up/
short version: during last 2 weeks polish people opened brick n mortrar bitcoin embassy, next week bitcoin ATMs are coming and today online bitcoin embassy opened. Polish peopel might be inspiring other nations to act and this way push the price up ;D Title: Re: Wondered whos pushing BTC price? Here is the answer. Post by: jdun on May 24, 2014, 01:17:08 AM I'm not convinced. ATM's have been installed in several countries around the world and I have never seen a relatively large price rise as a result. I think people are just realizing that bitcoin is a worthwhile investment in the current buy price.
Title: Re: Wondered whos pushing BTC price? Here is the answer. Post by: Ron~Popeil on May 24, 2014, 05:04:05 AM It took a beating and the basement was higher than most people thought. With a couple of weeks of relative price stability it looks like a safe bet to a lot of people. Hopefully the speculators stay spooked so we can see some organic growth.
Title: Re: Wondered whos pushing BTC price? Here is the answer. Post by: gondel on May 25, 2014, 02:33:08 PM HI,
You mean that there is btc ATM in Poland already? This is fuckin awsome . Hope someone in Bulgaria decide to do something similar but here we are just a fill who are using BTC and also accepting it as payment. Title: Re: Wondered whos pushing BTC price? Here is the answer. Post by: maurya78 on May 25, 2014, 03:10:40 PM Theories all sound far fetched
Truth is nobody really know why px is going up Title: Re: Wondered whos pushing BTC price? Here is the answer. Post by: Professor Plums on May 25, 2014, 04:39:03 PM I seriously doubt that had anything to do with it.
Title: Re: Wondered whos pushing BTC price? Here is the answer. Post by: PolarPoint on May 25, 2014, 05:31:26 PM I am happy for Poles that they will be having bitcoin ATMs soon. I do not want to be condescending, The market in Poland is far too small to move the price of bitcoin up by this much.
Title: Re: Wondered whos pushing BTC price? Here is the answer. Post by: rammy2k2 on May 25, 2014, 07:28:54 PM thats not true at all .. lol .. 1 ATM in poland to push value ... thats so childish to say that
Title: Re: Wondered whos pushing BTC price? Here is the answer. Post by: kerafym on May 25, 2014, 09:37:26 PM Not to mention Poland is too small of small country to have have any significant change in bitcoin value.
Title: Re: Wondered whos pushing BTC price? Here is the answer. Post by: MyPotPlantDied on May 25, 2014, 09:41:53 PM Next theory please :)
Title: Re: Wondered whos pushing BTC price? Here is the answer. Post by: hulk on May 27, 2014, 01:31:30 AM http://fuk.io/first-bitcoin-atm-in-poland-coming-soon-and-infos-on-polish-people-kicking-btc-price-up/ short version: during last 2 weeks polish people opened brick n mortrar bitcoin embassy, next week bitcoin ATMs are coming and today online bitcoin embassy opened. Polish peopel might be inspiring other nations to act and this way push the price up ;D That has nothing to do with the price going up. I believe the sell pressure has stopped so it went up :) Title: Re: Wondered whos pushing BTC price? Here is the answer. Post by: kingscrown on May 28, 2014, 02:21:20 AM Not to mention Poland is too small of small country to have have any significant change in bitcoin value. Poland is almost 40 mil country and in top10 of BTC users. The country is NOT pushing it, but actions happening in PL *may* push other nations to also act. Notice day or two after PL Bitcoin Embassy 1 opened in France. I just think activity of 'small' country makes others act. Just as inspiration. ANd yes im well aware it might be coincidence but wanted everyone to see whats happening in PL last days/weeks. Title: Re: Wondered whos pushing BTC price? Here is the answer. Post by: onlyu on May 28, 2014, 04:38:31 AM Supply and demand.
Miners hording bitcoin and hoping they can recoup the cost of ASIC. Title: Re: Wondered whos pushing BTC price? Here is the answer. Post by: JessyMatt on May 28, 2014, 04:49:32 AM Demand + a few good news like these: http://www.bitcoinvalues.net/bitcoin-investors-richard-branson-invests-bitpay.html and http://www.bitcoinvalues.net/cheapair-bitcoins-accepts-hotels-flights.html
Title: Re: Wondered whos pushing BTC price? Here is the answer. Post by: dadugan on May 28, 2014, 10:24:30 AM Lots of bitcoin is being held by US government and hence remove from circulation.
A small increase in demand can push the price very high. Title: Re: Wondered whos pushing BTC price? Here is the answer. Post by: wenben on May 28, 2014, 10:55:52 AM The Mit lecture series probably contribute into the increase in demand.
Title: Re: Wondered whos pushing BTC price? Here is the answer. Post by: DolanDuck on May 28, 2014, 11:17:22 AM The current low market cap of Bitcoin means that any investor with deep enough pockets can significantly change/manipulate the rate.
Title: Re: Wondered whos pushing BTC price? Here is the answer. Post by: blatchcorn on May 28, 2014, 11:40:09 AM Theories all sound far fetched It is not far-fetched to say the market is having a correction because bitcoin was under-valuedTruth is nobody really know why px is going up Title: Re: Wondered whos pushing BTC price? Here is the answer. Post by: madken7777 on May 28, 2014, 02:02:37 PM The current price is always the fair price.
Won't say it is under valued. Title: Re: Wondered whos pushing BTC price? Here is the answer. Post by: gts476 on May 29, 2014, 07:56:20 PM Here is the answer chaps
http://letstalkpayments.com/purchase-precious-metals-gold-bitcoins-via-peter-schiffs-euro-pacific/ + Metcalf's law. Peace, G. x Title: Re: Wondered whos pushing BTC price? Here is the answer. Post by: spazzdla on May 29, 2014, 08:24:03 PM I bought 100 000 BTC, I'll drive the price up to 5k then see if it will hold, enjoy.
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