Post
Topic
Board Press
Re: [2017-05-03]Bitcoin Price Continues Historic Highs Toward $1,500
by
Zicadis
on 03/05/2017, 16:34:26 UTC
There will be a lot of such articles in future  Grin

Not really. The way the price is headed, we could cross $1500 in a couple of days time.
Then the articles will talk about Bitcoin's path to $2000.  Grin

And then we'll see articles about 2500 .... 3000 .... 3500

Journalists need sensations, after all. And it's always nice to read. When the price goes up - it's wonderful!
We need to see more of such headlines as they are not only nice to read but they also entrust investor confidence not to shy away from bitcoin.

The Japanese will remove the imposed 8% consumption rate tax in July, so after that there will be normally more people going to buy bitcoin and then the price will rise further, cute  Wink
these are certainly determining factors that will make bitcoins existence more favorable and trigger more demand for btc.