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Author Topic: What triggered the sudden rise in bitcoin price?  (Read 683 times)
DAVETUN
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April 10, 2019, 08:40:35 AM
 #81

The 20,000 BTC  transaction tend to have a positive impact in the space, when BTC  increase in value lots of investors tend to reinvest which ultimately will push up the price, we are all hopefull that the bull run is here, which will be steady.
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April 10, 2019, 09:16:18 AM
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most likely the sudden increase in bitcoin prices is that many people are adopting bitcoin on a large scale so that it will make the impact of bitcoin experiencing rapid price increases

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April 10, 2019, 02:58:13 PM
 #83

Simply the development of Bitcoin decides by the demand so I think the Bull Run will also helpful for the development of any cryptocurrency very easily that's why little changes in in the current market will helpful for Youth Development.
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April 10, 2019, 04:04:06 PM
 #84

most likely the sudden increase in bitcoin prices is that many people are adopting bitcoin on a large scale so that it will make the impact of bitcoin experiencing rapid price increases
talking about a trigger problem, I think there are so many triggers that can cause bitcoin prices to rise in a short time. well, that can be from those who adopt bitcoin, or the latest news from Bitcoin. However, the new development could have made the price of bitcoin become high again.
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April 10, 2019, 04:35:04 PM
 #85

Just notice my bitcoin in my wallet have increase in value but I can't find any major news after doing some research that must have triggered that price rise then remembered I have an account on BCT-talk. I have not been following up with latest news as my work is eating up most of my time but I have some decent amount of bitcoin and don't want to be left in the dark. Anyone with an idea what triggered the sudden price spike.

Bitcoin price increase was unexpected. Nobody thought that it would increase in such a manner, as there was no major news, so what triggered it. Some people have been pointing fingers on the big whales they have manipulated the price increase. Anyway, it was a positive development as far as cryptocurrency is concerned, as many people have started losing interest in it and have started looking for other viable alternatives.
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