Quote from: Nami on October 21, 2015, 05:29:55 AM

Quote from: BTCBinary on October 16, 2015, 09:09:31 PM

the price has been rising steadily for some weeks now. These last few days, the rise is has been bigger in relation to past periods. now in the last few hours and after bitcoin price nearing almost $270 we see a huge crash.

There's a lot of explanations for this price behavior... what's yours?

There are a lot of time that I hear the price would rise up and sometimes the price will drop but here's the thing whatever may happen to the price whether it grows up or down just keep on holding to the coins.

This is how, a commodity usually trades. There is no steep buying or falling to any commodity as trend of buying and selling changes with the traders mind set as well as profit booking and new trades are other reasons. Bitcoin moves to higher price as per the current trend.