Guys I'm wondering why BTC is moving this fast to up? With logic there should be a huge amount of money flew into BTC market but I don't see any reason to make this happen.
Is there any economic reasons about this massive flying to up? What are your opinions about this happenings?
Bitcoin moves for the same reasons as everything moves in price and that is the supply and demand, but the demand of bitcoin is becoming bigger and bigger, when this happens normally producers begin to create more of the thing that is in demand but with bitcoin this is not possible so this makes the price to change dramatically if the demand changes.Is there any economic reasons about this massive flying to up? What are your opinions about this happenings?