Topic: Wondered whos pushing BTC price? Here is the answer. (Read 2175 times)
I bought 100 000 BTC, I'll drive the price up to 5k then see if it will hold, enjoy.
Here is the answer chaps
http://letstalkpayments.com/purchase-precious-metals-gold-bitcoins-via-peter-schiffs-euro-pacific/
+ Metcalf's law.
Peace,
G.
x
http://letstalkpayments.com/purchase-precious-metals-gold-bitcoins-via-peter-schiffs-euro-pacific/
+ Metcalf's law.
Peace,
G.
x
The current price is always the fair price.
Won't say it is under valued.
Won't say it is under valued.
Theories all sound far fetched
Truth is nobody really know why px is going up
It is not far-fetched to say the market is having a correction because bitcoin was under-valued Truth is nobody really know why px is going up
The current low market cap of Bitcoin means that any investor with deep enough pockets can significantly change/manipulate the rate.
The Mit lecture series probably contribute into the increase in demand.
Lots of bitcoin is being held by US government and hence remove from circulation.
A small increase in demand can push the price very high.
A small increase in demand can push the price very high.
Demand + a few good news like these: http://www.bitcoinvalues.net/bitcoin-investors-richard-branson-invests-bitpay.html and http://www.bitcoinvalues.net/cheapair-bitcoins-accepts-hotels-flights.html
Supply and demand.
Miners hording bitcoin and hoping they can recoup the cost of ASIC.
Miners hording bitcoin and hoping they can recoup the cost of ASIC.
Not to mention Poland is too small of small country to have have any significant change in bitcoin value.
Poland is almost 40 mil country and in top10 of BTC users.
The country is NOT pushing it, but actions happening in PL *may* push other nations to also act.
Notice day or two after PL Bitcoin Embassy 1 opened in France.
I just think activity of 'small' country makes others act. Just as inspiration.
ANd yes im well aware it might be coincidence but wanted everyone to see whats happening in PL last days/weeks.
http://fuk.io/first-bitcoin-atm-in-poland-coming-soon-and-infos-on-polish-people-kicking-btc-price-up/
short version:
during last 2 weeks polish people opened brick n mortrar bitcoin embassy, next week bitcoin ATMs are coming and today online bitcoin embassy opened. Polish peopel might be inspiring other nations to act and this way push the price up
short version:
during last 2 weeks polish people opened brick n mortrar bitcoin embassy, next week bitcoin ATMs are coming and today online bitcoin embassy opened. Polish peopel might be inspiring other nations to act and this way push the price up
That has nothing to do with the price going up. I believe the sell pressure has stopped so it went up
Next theory please
Not to mention Poland is too small of small country to have have any significant change in bitcoin value.
thats not true at all .. lol .. 1 ATM in poland to push value ... thats so childish to say that
I am happy for Poles that they will be having bitcoin ATMs soon. I do not want to be condescending, The market in Poland is far too small to move the price of bitcoin up by this much.
I seriously doubt that had anything to do with it.
Theories all sound far fetched
Truth is nobody really know why px is going up
Truth is nobody really know why px is going up
HI,
You mean that there is btc ATM in Poland already? This is fuckin awsome . Hope someone in Bulgaria decide to do something similar but here we are just a fill who are using BTC and also accepting it as payment.
You mean that there is btc ATM in Poland already? This is fuckin awsome . Hope someone in Bulgaria decide to do something similar but here we are just a fill who are using BTC and also accepting it as payment.
It took a beating and the basement was higher than most people thought. With a couple of weeks of relative price stability it looks like a safe bet to a lot of people. Hopefully the speculators stay spooked so we can see some organic growth.
I'm not convinced. ATM's have been installed in several countries around the world and I have never seen a relatively large price rise as a result. I think people are just realizing that bitcoin is a worthwhile investment in the current buy price.
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