Thousands of people trade bitcoins and the price stays the same, but when there's a huge move it's always one person, that's just the only thing that makes sense. I mean two (or more?!) people at the same time (same time like summer, you know) deciding they want more? Unpossible.
Topic: Move from $5 to $10 (Read 1059 times)
it took more like 3 months
the reason is everyone thought there was 21,000,000 BTCs but then they found out their was only 10,000,000 BTCs
the reason is everyone thought there was 21,000,000 BTCs but then they found out their was only 10,000,000 BTCs
There are two reasons actually. Demand and supply.
You're welcome.
You're welcome.
I've been out of bitcoin for a couple months, just came back to it now. When I left, BTC was at $5 for a looong time, and now I find out it shot up to over $10/BTC within a week or two. Any reason for this? Some investor got back into the game temporarily?
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