Ninjastic
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Board Bitcoin Discussion
Re: Why BTC is rising the price?
by
1NV3ST0NM3
on 03/11/2017, 04:48:09 UTC
Quote from: micloop on November 01, 2017, 07:44:02 PM
Hey guys,
I saw BTC's price goes UP to the moon these days and I'm think about what causes it so.
My guess is that CME group announced it intends to launch bitcoin futures in the fourth quarter of 2017.
Everyone is seeing that BTC is a solid thing. What do you guys think about it?
Here is the notice: http://www.cmegroup.com/media-room/press-releases/2017/10/31/cme_group_announceslaunchofbitcoinfutures.html
Yes this can be a reason and alongside this the upcoming segwit2x fork may also be a reason for this sudden increase in price people want maximum potential from their btc and b2x is trading quite good these days. Cumulative of these factors has given rise to btc.