Post
Topic
Board Economics
Re: what caused the rise to $1100 last year?
by
dukegamsta
on 02/06/2014, 17:52:21 UTC
thanks for link minerpart.

@nickenburg - what makes me a little sceptical of this is that rise happend in such a short duration of time and also that it occured so close to the sharp drop in jan 2014. although you make a good point that where was a lot of buzz and media attention around bitcoin at the specific time.

yes it does seem to be a combination of factors. i'm hoping to be a long term investor in bitcoin so of course i hope the price stabilises and increases gradually as more and more people become aware of its paradigm changing ability.