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Topic: What is causing the spike in Bitcoin value October 2015? - page 2. (Read 1631 times)

legendary
Activity: 1708
Merit: 1036
Chinese are buying in large quantities . Their officials ease out on strict rules on bitcoin.

more over india is also taking steps in bitcoin to regularise and change its positon. as per the current view in the month november mid the price of bitcoin will be 400+ usd.

Do you have any links or sources for that?

China is the main driver at this point, and I don't really expect that to change given the amount of money now in the Chinese economy. The European Union ruling of bitcoin as a currency is an added bonus.
hero member
Activity: 994
Merit: 1000
PUGG.io
Chinese are buying in large quantities . Their officials ease out on strict rules on bitcoin.

more over india is also taking steps in bitcoin to regularise and change its positon. as per the current view in the month november mid the price of bitcoin will be 400+ usd.
member
Activity: 112
Merit: 10
Chinese are buying in large quantities . Their officials unofficially ease out on strict rules against cryptocurrency.
newbie
Activity: 1
Merit: 0
I'ce noticed that Bitcoin is up over 25% in under a month.  What economic reason is there for the sudden spike?
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