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Well, there is SOME reason why Bitcoin spiked recently- It seems almost like it's due to an organic reason, since the speculation environment hasn't changed muc
by drcode 10y ago
Well, there is SOME reason why Bitcoin spiked recently- It seems almost like it's due to an organic reason, since the speculation environment hasn't changed much in the last year to account for a large change- So far, the best theory to account for the spike I've heard is Chinese capital outflow. (Though it's always possible it's entirely due to "animal spirits of the market" and has no fundamental reason)
- mr_spothawk 10y agoremember when Jamie Diamond said "all the action is in gold and bitcoin"? that's when this recent spike started.