Ninjastic
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Board Economics
Re: What makes Bitcoin to move this fast?
by
Getcoinsite
on 26/03/2018, 01:47:42 UTC
Quote from: batang_bitcoin on December 07, 2017, 11:43:08 PM
Quote from: ceferov on December 07, 2017, 10:35:15 PM
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? Huh
Demand itself is what bitcoin move this quick. And also there is a CME effect and I guess this is also with the so called McAfee effect that I've seen on facebook. McAfee was interviewed by someone over the facebook live video call and he said that bitcoin will be going at $20,000 early this upcoming January 2018 so everyone is trying to buy now and it helped a lot.
guess your right,since mcAfee is one of the biggest personalities now that symbolizes bitcoins and ofcourse other alternative coins as well..so what ever he would say about crypto either negative of positive will have an impact to the forum and market.and that cause a massive investment from all over the world.