Quote from: Doms on November 02, 2016, 03:42:20 AM

Quote from: socks435 on November 01, 2016, 06:18:08 PM

We are experience of fast price increase this past few days and until now and i think this is because of segwit added..
Or this it is just nature of bitcoin the same as last year price increase if we compare the same fluctuate and i think more price will reach soon..

The price stayed at the $600 level for a period of over three months before it suddenly surged to over $700. We could be hitting the $800 before the year ends, something that has not been reached in a while now. Glad that this increase is due to really positive developments from bitcoin and not something that's done to pump the price.

Agreed, previously when price reached to $780 it was only because of the halving as people started to buy bitcoins hoping that price will touch $1k at the halving but it crashed after that but current movement suggests that price will stay above $700 for a long time as people are now genuinely investing their money into it to take benefits in long term.