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Topic: Why is the bitcoin value skyrocketing? - page 2. (Read 6029 times)

full member
Activity: 336
Merit: 101
April 22, 2011, 04:17:12 PM
#1
What is causing this?

After being involved with bitcoins for a few weeks and seeing the rate staying at the usual .77, I deiced to use the bitcoin4cash service with an open rate(thinking it'll only rise maybe ten cents tops.) Literally the next day the value started skyrocketing, climbing like 5 cents a day. So while I was expecting ~55-60BTC now it looks like I'm getting around 35BTC when my order finally goes through.


FML

Should have done fixed rate but at the time there was really no reason to want to do that.
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