Bitcoin Forum
April 26, 2018, 03:56:59 AM *
News: Latest stable version of Bitcoin Core: 0.16.0  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Bitcoin Forum > Economy > Economics > Speculation > correlation?
Pages: [1]
« previous topic next topic »
  Print  
Author Topic: correlation?  (Read 1365 times)
nakowa
Member
**
Offline Offline

Activity: 83
Merit: 10


View Profile
July 19, 2011, 07:57:35 AM
 #1
Immediately after Silk Road launched in the early February, BTC hit $1 exchange rate.

Concomitant with notable news resources reporting bitcoin "surge", BTC rocketed from $6.2 to $31 (historically highest).

The first surge of BTC happened exactly 1 year before, 6/12/2011, from $0.008/BTC to $0.08/BTC, up to ten folds.

In several days before yesterday, the price of BTC was dropping, but suddenly rised up (albeit not too much); and CNN money shot a video online "at the same time".
1524715019
Hero Member
*
Offline Offline

Posts: 1524715019

View Profile Personal Message (Offline)

Ignore
1524715019
1524715019
Reply with quote  #2
1524715019
Report to moderator
1524715019
Hero Member
*
Offline Offline

Posts: 1524715019

View Profile Personal Message (Offline)

Ignore
1524715019
1524715019
Reply with quote  #2
1524715019
Report to moderator
Mixing reinvented for your privacy ChipMixer.com ChipMixerwzxtzbw.onion
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1524715019
Hero Member
*
Offline Offline

Posts: 1524715019

View Profile Personal Message (Offline)

Ignore
1524715019
1524715019
Reply with quote  #2
1524715019
Report to moderator
1524715019
Hero Member
*
Offline Offline

Posts: 1524715019

View Profile Personal Message (Offline)

Ignore
1524715019
1524715019
Reply with quote  #2
1524715019
Report to moderator
1524715019
Hero Member
*
Offline Offline

Posts: 1524715019

View Profile Personal Message (Offline)

Ignore
1524715019
1524715019
Reply with quote  #2
1524715019
Report to moderator
piramida
Legendary
*
Offline Offline

Activity: 1120
Merit: 1001



View Profile
July 19, 2011, 04:46:17 PM
 #2
So you are saying, you suspect the more people know about bitcoin, the higher it's price goes? Woah that's a fresh observation Smiley Let's see, what could be driving the price up if several thousand new people start trying to buy some bitcoins? Mighty coincidence here, probably market regulators drive the price up to make it harder to buy coins right?
i am satoshi
Pages: [1]
  Print  
Bitcoin Forum > Economy > Economics > Speculation > correlation?
 « previous topic next topic »
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!