Quote from: richardsNY on September 04, 2016, 08:49:51 PM

Quote from: susila_bai on September 04, 2016, 04:29:31 PM

Dont know what is the reason but i also saw that the price is jumping above $600 btc rate but it is not getting stable so i think it will take more time to get the rate stable above $600.

It doesn't really matter what the reason for this price jump is. The important thing is that we are moving upwards. I hope the $600 price point will be maintained in the coming days. But for that to happen the buy support must get stronger because a relatively small dump will push the price below $600 again.

I think the reason for the price rise is the acceptance of the SegWit by the market as a tool for block size increase.