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Topic: Bitcoin incredible Growth? Why? what happened (Read 1030 times)

full member
Activity: 224
Merit: 100
THE GAME OF CHANCE. CHANGED.

Hello guys, alot of new articles out there, got me confused, bitcoin incredible growth has to do with darkcoin? why or what happened?

I think, me and alot of guys here got no idea whats going on, if somebody dont mind to explain it clearly whats going on and will it continue to go UP and UP.

thanks.



The lecture from MIT push it up and give it legitimacy.

Nothing fundamental has change other than the issue with trust.
full member
Activity: 159
Merit: 100
too much bad news previously which cause the price to drop. Now the bad news is old so it is time to recover..

Wasnt that much bad news really. But usually no news doesnt mean a price hike.
sr. member
Activity: 392
Merit: 250
too much bad news previously which cause the price to drop. Now the bad news is old so it is time to recover..
member
Activity: 86
Merit: 10
Surfbort.
Price today is really going great, but unfortunately i spent almost all of my coins on something expensive YESTERDAY :/
Cannot predict future Cheesy
BR

lol that's why I dont want to spend any of mine just yet.
legendary
Activity: 1960
Merit: 1005
Price today is really going great, but unfortunately i spent almost all of my coins on something expensive YESTERDAY :/
Cannot predict future Cheesy
BR
sr. member
Activity: 518
Merit: 250
Its just based on the demand.  Many companies are investing in BTC, I think this makes the price goes up, but it is just speculation. Things do not always need a giant technical reason, for example dogecoin is rising +2.15% today, what is the reason?
full member
Activity: 140
Merit: 100
if you are asking about some good news which made this price rise than sadly there is no such news which had influence on price..! we have seen similar rally last month.. but it looks lil different this time and I don't think we gonna see <500$ anytime soon.
b!z
legendary
Activity: 1582
Merit: 1010
It was something to do with the moon's gravitational pull.
full member
Activity: 227
Merit: 100
Someone manipulating a little movement, it was dull  Roll Eyes
member
Activity: 67
Merit: 10
It's probably associated with market and nothing to do with darkcoin. Also china could also effect It with good news but I didn't hear any myself but It really jumped over $100 which is awesome.
member
Activity: 105
Merit: 10
I don't know what happened but I hope it keeps growing.
full member
Activity: 165
Merit: 100
Yeah it's all speculation. No point in trying to analyse it really.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
while I'm sure you can get a lot of confident answers to this question, We are all just guessing. The bitcoin economy may be getting too big, complex, and opaque for anything else. Having said that, the price does seem to be following a pattern we've seen before. A massive rally followed by an epic crash followed by price stability. Then, another rally. 
global moderator
Activity: 3934
Merit: 2676
Join the world-leading crypto sportsbook NOW!
People always try look for a cause for the price fluctuations, but oftentimes there's no straight answer. Sometimes people just buy more coins for a higher price and sometimes the opposite is true.

Sometimes it goes up sometimes it goes down you cant explain it.


full member
Activity: 165
Merit: 100
Sometimes it goes up sometimes it goes down you cant explain it.
member
Activity: 91
Merit: 10
I don't think there has to be a reason other than supply and demmand.
newbie
Activity: 23
Merit: 0
There are allways explanations why bitcoin is rising or why bitcoin is falling. A lot of them involve china.
Tradevolume of darkcoins are not higher than usual so I doubt the raise of bitcoin has anything to do with darkcoin.

http://www.cryptocoincharts.info/period-charts.php?period=5-days&resolution=hour&pair=drk-btc&market=cryptsy

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alot
-snip-

I like alots
LOL THANKS FOR THE REPLY, AND YOU'RE A COOL GUY:
http://oi40.tinypic.com/f3wg10.jpg
copper member
Activity: 1498
Merit: 1528
No I dont escrow anymore.
There are allways explanations why bitcoin is rising or why bitcoin is falling. A lot of them involve china.
Tradevolume of darkcoins are not higher than usual so I doubt the raise of bitcoin has anything to do with darkcoin.

http://www.cryptocoincharts.info/period-charts.php?period=5-days&resolution=hour&pair=drk-btc&market=cryptsy

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alot
-snip-

I like alots
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