What made Bitcoin rise last time? (December) And can we get it back up?

[Hamuki]

Hey BTC forum!

I was looking around in this section, and I started to to think about the great rise back in december.

What made it rise? And could something a like be done again from our side?
So we can get back over 1000$ as standard price and spread more and more into peoples lives.

~Hamuki

[1715149547]

1715149547

[1715149547]

1715149547

[atp1916]

China was introduced to the world of Bitcoin and it was a match made in heaven....for a bit - pun intended.  Those days are long over, thank goodness.  

Bitcoin needs stability and liquidity at a modest price, nothing more nothing less.  It'll eventually make its way back up to 4 digits and then some once more market players throw their hat into ring due to infrastructure / services specializations.

Edit: https://bitcointalk.org/index.php?topic=636288.0

[bitcasino]

Hey BTC forum!

I was looking around in this section, and I started to to think about the great rise back in december.

What made it rise? And could something a like be done again from our side?
So we can get back over 1000$ as standard price and spread more and more into peoples lives.

~Hamuki

What made it rise > China speculation, MtGox robots probably..
get back over 1000$ > Is it a good thing if bitcoin is expensive again?

[TaunSew]

Yeah it doesn't look good either way, all the rumours right now suggest China (which has since implemented laws to discourage Bitcoin buying) and MtGox bots were behind it all.

Still to have Bitcoin stable around $600 ain't bad compared to what it used to be.

[Kprawn]

Can they identify, who was behind the attack on MTGox?

China not behind crypto currency, because it is perceived to be a Western invention? Or is this due to a lack of knowledge, like in the rest of the world?

Or are they protecting their Yen? {Their fiat currency right?}

I will also resist something, if I did not understand it fully.