Post
Topic
Board Bitcoin Discussion
Re: So why is the price of bitcoin going up so crazy?
by
BlackRacerX
on 09/01/2018, 13:27:00 UTC
the price of bitcoin going up crazy,Is there an investment institution entering bitcoin or because of other reasons,what do you think?

Mostly because of supply and demand. A lot of people back in 2017 have been scouring trading sites for bitcoins. Ever since the demand spiked last October, every whale that is holding a lot of bitcoins started selling their collection and then started selling at high prices; trying to outprice the competition.