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IMO, the limiting factor has been the amount of people willing to sell bitcoins. So the price ended up going up and up and up. And now that we've reached a poi
by powertower 14y ago
IMO, the limiting factor has been the amount of people willing to sell bitcoins. So the price ended up going up and up and up.
And now that we've reached a point where the value of it is so unrealistic (determined by because everyone is so drastically delusional about it's value and also the causes of the given events -- as your post and other comments demonstrate), those same people are now willing to sell / cash-out, and others will follow their lead.