Post
Topic
Board Speculation
Re: What Dictates Bitcoin Price Increase?
by
Sutters Mill
on 20/12/2017, 17:48:28 UTC
When I joined this group bitcoin price is around $10,000. After a few weeks it steadily increased to $15,000 and now to $18,000+ and speculations of its anticipated increase to $20,000 is all over the internet. I'm really curious who dictates the price increase since Bitcoin is a decentralized currency. Is it really due to the fixed number of Bitcoin to be circulated and a high demand or is it something else. Bitcoin really is beyond logic, Too Fast, Too High and Too Good to be True. I'm in but I can't still get out this feeling of doubt screaming at me saying Get out of there its gonna crash soon. It helps to read a lot of positive articles and threads on Bitcoin. I hope you can share your Idea on this. Thanks.
Bitcoin is future payment by many big Company. Facebook, Google, alibaba,... will accept it. Now is just dawn for bitcoin. It will increase more and more

How do you know and what are you basing this on? As far as I'm aware none of these companies have stated they'll be accepting it. Don't get me wrong, I hope they do but I can't see it any time soon and what you've just said seems to be based on nothing but wishful thinking.