Quote from: Taki on February 23, 2017, 07:44:31 PM

Quote from: Spandam on February 23, 2017, 05:56:02 PM

Quote from: darkota on February 23, 2017, 05:53:16 PM

Curious since this is actually a bit annoying. But can anyone send a reference or source as to who/why is keeping the price of btc above 1k for this long?

*Yes I want it to fall, nothing to hide here*

Till now since I have came across knowing bitcoins I never heard a genuine reason about why the price is getting high and then low or vice versa. Only logic given to me is that the demand and supply have a difference and that's the reason.
By the way man why you want the price to get low Sad

?

I am also was asking and searching information of why the price for bitcoin behaves itself so. And the only reply I found out is demand.

The increasing demand too is an reason for the price growth which is the basic for every commodity as well assets. Now the scenario with bitcoin is different. It is simply unpredictable what's driving it forward, because the China bitcoin market too is not in a state to have control.