No-one? lol plenty have been expecting it, in fact it was a bit overdue from my point of view. I think by no-one you mean, you didn't expect it.
Fasten your seatbelts its only beginning.
Topic: The Bitcoin Price Increase: WHY DID NO ONE EXPECT IT? - page 2. (Read 1884 times)
Tension has been building a while before the rise actually. There was more and more pressure against the 250 barrier and it was also quite due for a run actually..
People expected it, but were scared to go in because of the long stagnant period.
People expected it, but were scared to go in because of the long stagnant period.
There was not a single indicator for the price increase really, some say China but we can pinpoint it to something in particular. Bitcoin price can be easily manipulated if some big shots enter the scene. They can actually buy a huge % of it in a day and create a huge wave.
I've being saying that Bitcoin will only flourish when it can become a standard for a particular niche. Perhaps its destiny is forcing Western Union out of business or something similar, but only when something like that happens (and demand increases because it'll be really needed for something and not just to speculate with) only then it will skyrocket.
I've being saying that Bitcoin will only flourish when it can become a standard for a particular niche. Perhaps its destiny is forcing Western Union out of business or something similar, but only when something like that happens (and demand increases because it'll be really needed for something and not just to speculate with) only then it will skyrocket.
well when the price started to go up i guess a snowball effect came and helped get the price up insanely high
I definitely didn't expect it. To be more precise, I didn't even expected the price to reach the $300 price level this year. This just shows that no one can predict what Bitcoin will do. We can only guess and that's it. Some say it was China, which I think as well, and some others say it might have to do with the FBI auctioning the last SilkRoad coins. Whatever it was, I enjoyed it to the fullest.
Bitcoin don't give a shit.
Read back for the last 5 years and see people looking for correlations. If there was one you would be rich.
Read back for the last 5 years and see people looking for correlations. If there was one you would be rich.
i was expecting it a little bit in my opinion it should have happened earlier as there are sharp fluctuations in the price from time to time
I believe that the Bitcoin price increase has something to do with the fact that Christmas is only 46 days away! Was no one else expecting this as a result of the economic BOOM of all social classes going out to purchase their Christmas Presents ready for the event. I had already predicted to myself that the bitcoin price will increase around November 1st and will then go back down at around March 1st next year.
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