Post
Topic
Board Speculation
Re: Reason for the BTC price rise
by
Psynthax
on 04/11/2017, 14:09:52 UTC
Hello,

So the BTC today is >USD 7,000 and keeps rising and I searched in the web for possible reasons why this happens and forecasts. I found this news (https://www.forbes.com/sites/insideasia/2017/11/01/bitcoins-6400-price-tag-explained-by-initial-coin-offering-craze/#1e12e4a137d6), for which I think this explanation is quite interesting and compelling.

What do you think of this? Any arguments?

Thanks,
Luiz
This thread give a main reason about the bitcoin bullish right now
https://bitcointalk.org/index.php?topic=2341906.new#new

And another reason about the bitcoin hardfork which bring you a lot of free money. You can see in the coinmarketcap about these exchange sites that already listed btg as IOU token.
That just like a dividend for everyone that hold their bitcoin right now.

Both were the main reasons makes the bitcoin was really bullish.