Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
scarsbergholden
on 12/08/2014, 07:29:28 UTC
Buying a little bit to lower average.

Wondering why people expect btc to rise to usd10k? for what reason they believe in this?

Well, the exponential growth trend (though that is lagging heavily to the downside now)..... Metcalfe's law (although the accuracy of that theory is up for debate)..... the storage of value and value transfer capabilities of BTC......