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Can anyone help me understand why the price is rising so rapidly? It was like $50 a while back. Now its 10x that. Is it because the difficulty to mine is rising
by alecsmart1 13y ago
Can anyone help me understand why the price is rising so rapidly? It was like $50 a while back. Now its 10x that. Is it because the difficulty to mine is rising exponentially? Or am I missing something?
- rickyc091 13y agoLooks like the Chinese market is driving the prices up. http://money.cnn.com/2013/11/12/investing/bitcoin-record-high/ http://money.cnn.com/2013/11/12/investing/bitcoin-record-hig...
- codebolt 13y agoI'm guessing one factor is increased global media coverage, especially after the whole Silk Road incident. A lot of non-tech people are just now learning about bitcoin. We'll see if this rally has any legs to stand on, personally I'm sure as hell not buying into anything with this much volatility.