Re: Did Bitcoin price rise that fast because of ICO's / Forks?

I think nobody knows for sure. The exact reason why the price is increasing is difficult to pinpoint.

There is never a single reason for something happening most of the time there are many reasons, we had the forks, since you could receive free coins I think that increased the price, but we also had segwit activation and we are going to get investors from the futures markets as well so we got mainly good news in this year and that made the price of bitcoin that high.

I don't think that the current price is because of those forks. When the price crossed the $10,000 level all of the price at coinmarketcap.com are all going up. That means that people are not converting their coins to bitcoin just for a hard fork.

Did you took the time to read my post at all, I said there was not a single reason for the price to go up, besides you are only thinking about the recent surge in the price when we all know that the price of bitcoin has been going up for months and as such there are many reasons of why this is happening.