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Author Topic: What's the reason behind this mass price rise?  (Read 221 times)
crisasimo10
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March 03, 2018, 07:42:07 PM
 #21

I know there has been some changes with Bitcoin, but I wouldn't think that anything big has happened (nor do I know of anything big that has happened) in the past month to justify this mass price influx. This is insane, and I really don't see a point to it.

I would expect some of you to know a bit more then me about it, so I await some more insight. Thanks!

Bitcoin is became popular, the big players (whales / investors) dictates and control the prices. This is a natural tendency in the market trading.
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March 03, 2018, 08:16:46 PM
 #22

I know there has been some changes with Bitcoin, but I wouldn't think that anything big has happened (nor do I know of anything big that has happened) in the past month to justify this mass price influx. This is insane, and I really don't see a point to it.

I would expect some of you to know a bit more then me about it, so I await some more insight. Thanks!

I think it has something to do with Segregated Witness (SegWit) and lightning network (LN) which will start after the countdown, since two days ago by many miners. With the rumor that the enthusiasm of the community to bitcoin slightly growing.

SegWit minimizes "transaction fees" becomes very low while Lightning Network minimizes "transaction fees" to as low as possible even up to 0%.
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