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Author Topic: [2015-12-09]CD:Satoshi Nakamoto Unmasking Might Be Driving Bitcoin's Price Rally  (Read 282 times)
hendra147 (OP)
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December 09, 2015, 05:09:19 AM
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he price of bitcoin is rallying once again, spiking abruptly by $16.50 across major exchanges on the CoinDesk USD Bitcoin Price Index over a 15-minute period yesterday.

The movement began at 23:15 and ended at midnight UTC when the price hit a high of $418, with the largest movements taking place from 23:15 to 23:30.

At press time, prices were once again on the rise, pushing the price to a one-month high of $421.83, its highest total since 5th November.



http://www.coindesk.com/satoshi-nakamoto-unmasking-might-be-driving-bitcoins-price-rally/
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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December 09, 2015, 06:34:18 AM
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December 09, 2015, 06:58:16 AM
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Why would you link this news to the rise in the price? If there are a link between the two, investors are more positive about the future of the currency now that they know who the inventor are, or it might just be a renewed interest spike, after this received a lot of media attention.

Whatever the reason, it is good for business in the Bitcoin world. ^ 2 the Moon ^

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