Hi guys,
Just came back from posting in bitcointalk.org, was wondering why Bitcoins price suddenly skyrockted ?
Thanks in advance for the answer...
The valuation of bitcoin is quite unpredictable. You exactly cant predict what will be the valuation of bitcoin next day and the same is happening, when everyone is just criticising the bitcoin for having such a low valuation by saying that the party is over, go back to your homes and find some work that they are the fools because I dont think that this party could ever be over , party can be pause for a while but cannot be over and I guess party has started again and valuation started inflating again.