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Could be, but we don't know what is driving this meme magic. Could be totally organic. Could be not.
by dauertewigkeit 8mo ago
Could be, but we don't know what is driving this meme magic. Could be totally organic. Could be not.
- tim333 8mo agoWe have a pretty good idea. Bitcoin holders and miners promote it. Punters buy because it's going up until it peaks and then they sell because it's going down. The a value is approx <amount average person invests in bitcoin> x <number of people> / <number of coins (~16 mil)> It goes up over the cycles as the number of people in it goes 1 mil, 10, 100, 1000 etc.