Post
Topic
Board Speculation
Re: What's keep the price floating above $1k still?
by
fortunecrypto
on 24/02/2017, 00:27:38 UTC
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 ?

This is bitcoin best features it's scarcity that makes the demand higher and supply very scarce and this what makes the price to surge,and about the price I don't think it will get 10% lower of it's current price,once it slide down it always bounce back.