One week bit coin rally - what happened?

[twolifeinexile]

Any ideas?
Some asset manager allocate capital into bitcoins?
Some wash sale by a big drug cartel??
Some new year optimism?
Some exchange lose their private key on a liquid hot wallet???

Please speculate!

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[Luno]

the return from $2 looked like this. Slow steady rise every day for weeks with no serious dumps. The market was much smaller then than now though.

[kokojie]

Bitcoin market cap is still tiny, so any big money player who get in will move the price significantly. Hell anyone
who own a 3 million apartment in manhattan can sell the apartment and put his money in Bitcoin, and move the
price to $30+

[Luno]

Bitcoin market cap is still tiny, so any big money player who get in will move the price significantly. Hell anyone
who own a 3 million apartment in manhattan can sell the apartment and put his money in Bitcoin, and move the
price to $30+

And live like this???

[gimme_bottles]

Bitcoin market cap is still tiny, so any big money player who get in will move the price significantly. Hell anyone
who own a 3 million apartment in manhattan can sell the apartment and put his money in Bitcoin, and move the
price to $30+

And live like this???

he will just have to wait a few years until it pays back 

[tbcoin]

some people are hoping see bitcoin in Mega