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Topic: Why Bitcoin is soaring? - page 5. (Read 1182 times)

full member
Activity: 1540
Merit: 219
November 20, 2017, 07:34:35 AM
#4
Hi guys,
Just came  back from posting in bitcointalk.org, was wondering why Bitcoins price suddenly skyrockted ?
Thanks in advance for the answer...
maybe the reason why the bitcoin is soaring because there are many or new investor and bitcoin user so that the price is rapid changing to the higher.but we know that it is not continue. bitcoin is fluctuating so we must know that the soaring price of it is limited and sometimes it cause an negative when the price drop down the other was got panic in the price. but the soaring of the bitcoin when i do research and survey they said it because of the user and investor rich
sr. member
Activity: 728
Merit: 266
November 20, 2017, 07:33:47 AM
#3
there has been a couple of news that has changed the game quite a bit. now there is a lot of money coming in from new sources which is increasing the demand and driving the price up.

i personally think the main reason is the CME news about adding a bitcoin market next month.
you can visit the speculation board to read more about what people are saying.



             Well some haters would probably think this is another hype or just bubble. Personally due to many good and positive news and so many promotions and advertisements of bitcoin, maybe or probably the main reason why the price skyrockets, and due to this increasing demand by new investors it does affects tge price and rises.
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
November 20, 2017, 07:28:49 AM
#2
there has been a couple of news that has changed the game quite a bit. now there is a lot of money coming in from new sources which is increasing the demand and driving the price up.

i personally think the main reason is the CME news about adding a bitcoin market next month.
you can visit the speculation board to read more about what people are saying.
member
Activity: 196
Merit: 10
November 20, 2017, 07:22:38 AM
#1
Hi guys,
Just came  back from posting in bitcointalk.org, was wondering why Bitcoins price suddenly skyrockted ?
Thanks in advance for the answer...
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