Quote from: DarkStar_ on June 11, 2016, 12:07:28 AM

The reason the price of bitcoin is because it is a supply/demand market. Recently, there is more demand than supply, which pushes the price of the sell orders up, since not enough people are selling at that price. The reason there is more demand could be that people are buying to try and make some profit after the halving, or it could be that after the price went up a bit, people thought it was going to rise more, so others bought bitcoin as well. No one knows for sure if it will keep going up. We can only speculate on that. I don't think this would have any consequences really.

Thank you for your reply, I already know relationship between supply and demand, but why now? Halving will be when? I think that it happened only once in the past, right?

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