Post
Topic
Board Speculation
Re: Is 1 Bitcoin equal to half million USD?
by
bohr
on 12/11/2019, 17:44:37 UTC
When i start this thread bitcoin price so low. now so high.. why is the price rising? anything new happened since I last log in?
Nothing too significant has happened, but the price of bitcoin was simply too low and investors began accumulating it and this created an upward pressure and since so much time had passed investors were willing to take the risk of buying bitcoin once again, this changed the market sentiment and eventually the price grew very rapidly and now bitcoin is a lot closer to what I could consider its real price so there is not much of an advantage to buy it or sell it.