Post
Topic
Board Economics
Re: Why is bitcoin price not going up?
by
Peter Lambert
on 26/06/2013, 18:39:33 UTC
Why is bitcoin price stuck around the same number and not  increasing, how likely  is it for bitcoin to steadily start going up again?

See what happened is a few months ago the price was at about 10, and the market decided that was too cheap and so it started rising. Nobody knows what the price of a bitcoin will be in the future, so the current price will continue until something interesting happens.