Author

Topic: Wondered whos pushing BTC price? Here is the answer. (Read 2170 times)

legendary
Activity: 1722
Merit: 1000
I bought 100 000 BTC, I'll drive the price up to 5k then see if it will hold, enjoy.
full member
Activity: 210
Merit: 100
full member
Activity: 182
Merit: 100
The current price is always the fair price.

Won't say it is under valued.
sr. member
Activity: 952
Merit: 281
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
full member
Activity: 196
Merit: 101
The current low market cap of Bitcoin means that any investor with deep enough pockets can significantly change/manipulate the rate.
full member
Activity: 164
Merit: 100
The Mit lecture series probably contribute into the increase in demand.
full member
Activity: 179
Merit: 100
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.
full member
Activity: 165
Merit: 100
Supply and demand.

Miners hording bitcoin and hoping they can recoup the cost of ASIC.
hero member
Activity: 672
Merit: 500
http://fuk.io - check it out!
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.
sr. member
Activity: 392
Merit: 250
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  Grin

That has nothing to do with the price going up. I believe the sell pressure has stopped so it went up Smiley
member
Activity: 71
Merit: 10
Next theory please  Smiley
full member
Activity: 224
Merit: 100
THE GAME OF CHANCE. CHANGED.
Not to mention Poland is too small of small country to have have any significant change in bitcoin value.
legendary
Activity: 1974
Merit: 1003
thats not true at all .. lol .. 1 ATM in poland to push value ... thats so childish to say that
hero member
Activity: 672
Merit: 500
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.
member
Activity: 105
Merit: 10
I seriously doubt that had anything to do with it.
hero member
Activity: 490
Merit: 500
Theories all sound far fetched
Truth is nobody really know why px is going up
legendary
Activity: 1960
Merit: 1005
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.
sr. member
Activity: 406
Merit: 250
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.
member
Activity: 84
Merit: 10
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.
hero member
Activity: 672
Merit: 500
http://fuk.io - check it out!
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  Grin
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