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It's happening because more and more people are buying Bitcoins are fewer are selling. Supply and demand. This interview talks about the real-time increased dem
by rms 14y ago
It's happening because more and more people are buying Bitcoins are fewer are selling. Supply and demand. This interview talks about the real-time increased demand. https://news.ycombinator.com/item?id=5517634 https://news.ycombinator.com/item?id=5517634
- mfringel 14y agoEvery seller must have a buyer, and vice versa. A better way to state it is: "More people are willing to buy at the seller's asking price, than are willing to sell at the buyer's bid."
- readme 14y agoThe increased demand only matters if it lasts. I suspect pump & dump. Just wait, it will plummet soon when the puppet masters sell their bitcoins.