Post
Topic
Board Speculation
Re: Whos pumping bitcoin now?
by
zombie007
on 20/11/2016, 21:37:11 UTC
We are pumping the bitcoin and the fact is that it gets media attention what is good for the bitcoin and due to the people are also buying it what is of course great.
I am agree that it's we are who are pumping bitcoin. Not Trump and someone from politic. The demand makes the price to rise actually. When ever when appear new users of bitcoin or new investors the price for bitcoin starts to grow. The demand and selling-buying makes bitcoin machine works.

We as people were pumping the bitcoins now they are those miners and they bought mining hardwares to mine bitcoins. If i were to choose its better to do tradings online rather than mining because in trading you have an analytical skills to develop rather than mining its more like not challenging. A lot of demands makes btc price rises to its value.
as the number of bitcoin users is increasing on regular basis, as they are also investing their assets in bitcoin so they are purchasing bitcoin, which is increasing the demand of bitcoin, that is why the price of bitcoin is increasing, so we can say that the new users of bitcoins are increasing the price of bitcoin.