Spectacular bitcoin performance.

[1Referee]

Bitcoin is upcoming and growing, so in that regard it doesn't surprise me a single bit that Bitcoin is outperforming all sorts of assets. It won't continue to happen for ever, but for now we can enjoy being part of something revolutionary at what I still consider to be an early stage. At this point it's too early to say something about China's 'leading' role. It's just waiting for what will happen once withdrawals will get activated again. Other than that, I am closely following all developments in Japan. It's not for nothing that the volumes there have been increasing lately.

[Wowcoin]

The performance of bitcoin this month is a spectacular performance ever in bitcoin nowadays, because it maintained to be stable at 900 to 1000$ if its price value. Compared from past previous years , I think it made an history of digital cryptocurrency price journey.

[d5000]

this is yet another proof that China has never been as big as a player as most people around here think it is. [...]

i like that china isn't that big on bitcoin market, they control already the mining ambient, if they were big on the market too, would be too much centralized and risky to have just one country dictating the value,

For Bitcoin nodes & development, the US still "rulez". See here the distribution of Bitcoin nodes. Although the node density (nodes per inhabitant) is higher in European countries like Germany, the Netherlands and France. (China is actually at position 6).

Nodes do not only mean "more users", but also more Bitcoin businesses - from exchanges to ATMs, payment processors and "real goods" merchants. Trade volume is a bit more centralized because Bitcoin is still too small to have a high-liquidity exchange in every country, but the large exchanges are also pretty well distributed (from the US to Slovenia, Japan, China). The only really centralized Bitcoin business is actually mining with the largest pool sitting in China, but that can change.

In fact, Bitcoin is already pretty decentralized. The "Third World" (Asia, South America and above all Africa) is still underrepresented, but there are upcoming Bitcoin hotspots in countries like Nigeria.

[JosNekoKopa]

Can we expect mining in China to slow down a little bit considering new rules. Minerals must cover their expenses, and they now cannot sell in China. They must go expensive way, this can be end for small miners in China? This will maybe make room for decentralization of mining?

[dEjAvU97]

Can we expect mining in China to slow down a little bit considering new rules. Minerals must cover their expenses, and they now cannot sell in China. They must go expensive way, this can be end for small miners in China? This will maybe make room for decentralization of mining?

I think the small miners in china is the largest, the majority of them being mining as an alternative income. They'll save and wait until the price becomes higher, so I am sure they will not die.

[Atmintan]

The performance of bitcoin this month is a spectacular performance ever in bitcoin nowadays, because it maintained to be stable at 900 to 1000$ if its price value. Compared from past previous years , I think it made an history of digital cryptocurrency price journey.

The price has risen over 25% in the last 30 days. It is a good performance.

[happybitcoinph]

The price has risen over 25% in the last 30 days. It is a good performance.

Not just in 30 days.

It has been risen for 100%-200% for the past years. Look at the price history and we can see the tremendous rise even lots of price decrease happened.

[upsidedown75]

The price has risen over 25% in the last 30 days. It is a good performance.

Not just in 30 days.

It has been risen for 100%-200% for the past years. Look at the price history and we can see the tremendous rise even lots of price decrease happened.

The simple logic behind this must be doubling from $1 to $2 is not taking much time but from$2 to $4 will not more time and I believe this is what happening now.

As you mentioned bitcoin as showed many tremendous appreciations in short time periods still I guess the recent surge must be a a good one. There will be no wrong to acknowledge this as one of the spectacular bitcoin performances.

[xIIImaL]

The performance of bitcoin this month is a spectacular performance ever in bitcoin nowadays, because it maintained to be stable at 900 to 1000$ if its price value. Compared from past previous years , I think it made an history of digital cryptocurrency price journey.

The price has risen over 25% in the last 30 days. It is a good performance.

Its not 25% of the value. It raised about 100$ and more. Many of the speculations said that bitcoin will touched it's own peak value in the month of February. This is was happened already.
Speculators, what would the next peak value in the month march. Share your views on it and we may hold after hear your responses.

[Quatorze]

I am also very surprised. When a few days ago I saw we were very close to 1200$, I said myself that this is the final run before this is the end of this lovely nice ride, but it was not th case, and we stayed very close to 1200$. This is just awesome !