A new user with a german nick, that translates into humans enemy. lol
It is simple economy, when the demand rises and the supply stays the same price goes up. The "fools" are the people who don't have bought BTC already or who didn't buy enough for their future use.
I'm new because i like it. My nick shouldn't concern you - or are you a lover of humans? If you are no altruist you got no business with my name.
About content:
what 'demand'? From whom? Why?
So you think the others are like you thinking the train is leaving them and that's where bitcoin gets its value because evryone thinks the train is leaving them?
LMAO!
Does anyone have another explanation what the potential demand could be other than just some people who think the train is leaving them?
Large investment firms can buy on the tops. In dec 2013 there have been million $ funds that moved into bitcoin at premium ($1,000 +).
i just hope they did not educate themselves too much and do it again. What if they actually got loaded already and now have enough? Who's buying then? Yes, investement firms makes sense. But who do they think they can sell to for 1000$+ ?
I have to say: these days people can just launch their own coin or buy one of almost 1000 already exisitng altcoins for their specific usecase. Why should everyone be chasing bitcoin?