Post
Topic
Board Speculation
Re: Recent Price Bump
by
maku
on 07/05/2016, 11:55:21 UTC
Trying to put a finger on the nice increase recently...
Some possibilities:
Segwit going live
Open Bizzaar up and running
Steam BTC acceptance

Other thoughts?

open bazaar is good for bitcoin, same with steam, so it rises price, but i think this huge price rise now was because of halving, it is a almost main reason why price rises

lots of people know about halving now, and they know that price should rise, maybe to new ATH, so lots of people buys bitcoins now just to sell them later and that rises price
Segwit is still far away and I doubt people even consider it at this point. Open Bazaar is nice technological demo of decentralized market place... and that is it. For now.
Steam acceptance from the other side was huge deal. The biggest online gameshop finally embracing Bitcoin - it boosted Bitcoin credibility to the moon imo.