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Author Topic: Reason for the Bitcoin mooning?  (Read 156 times)
Adrazan
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December 07, 2017, 10:39:28 AM
 #1

In my humble opinion the price of bitcoin is not yet high , the price will increase in the future definitely. At the moment the price is still $15k+ but in the future price will increase definitely, because the attraction of bitcoin towards the people is on the rise daily. Apparently,  users will increase and price will also increase. What's your take on this?
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junoreactor
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December 07, 2017, 10:50:52 AM
 #2

In my humble opinion the price of bitcoin is not yet high , the price will increase in the future definitely. At the moment the price is still $15k+ but in the future price will increase definitely, because the attraction of bitcoin towards the people is on the rise daily. Apparently,  users will increase and price will also increase. What's your take on this?
Hi Adrazan. Main reason: probably the hype around, together with recent news in US about 3 exchange operators offering Bitcoin. Also together with hedge funds getting interested into Bitcoin.
I think in US, banks will now allow their clients to buy Bitcoin as an asset. That's why more and more American citizens are slowly getting into it.
Also, the price rising so fast clearly shows that the adoption is still very very far from being mainstream, hence the potential.

apumaycry
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December 07, 2017, 10:55:00 AM
 #3

for me i think bitcoin mooning because wall street moving into bitcoin. hyped about bitcoin because NASDAQ plan to add Bitcoin Future

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tomahawk9
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December 07, 2017, 11:09:10 AM
 #4

In my humble opinion the price of bitcoin is not yet high , the price will increase in the future definitely. At the moment the price is still $15k+ but in the future price will increase definitely, because the attraction of bitcoin towards the people is on the rise daily. Apparently,  users will increase and price will also increase. What's your take on this?
You said the same thing 3 times in that tiny paragraph.
The increase right now could be for several resons: FOMO getting stronger everyday, Lightning Network news, perhaps institutional investors are desperately buying BTC before the launch of Bitcoin Futures, honestly, no one can say for sure what exactly is going on with btc.

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stompix
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December 07, 2017, 01:36:11 PM
 #5

Oh my god!!!

Bitcoin mooning?Huh Do you know what mooning means?
Just give it a try in google images. You're going to be surprised for sure.


MisterPrada
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December 07, 2017, 01:43:50 PM
 #6

it's trendy, it's all over FB and 'cause the perversity of it's power-hunger provides a reason to buy

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