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December 8, 2017 12:04 pm GMT
Bitcoin’s price has risen stratospherically, a fact that leaves many minor players in the market with massive gains and many bigger players millionaires. But is this a bubble? Are the gains real? And are the bitcoin whales in for a sad Christmas? First we must understand what drives bitcoin price and, in particular, this boom. The common understanding for current growth leads us back… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/7qawx911rK4/
Why is bitcoins price so high?
Bitcoin’s price has risen stratospherically, a fact that leaves many minor players in the market with massive gains and many bigger players millionaires. But is this a bubble? Are the gains real? And are the bitcoin whales in for a sad Christmas? First we must understand what drives bitcoin price and, in particular, this boom. The common understanding for current growth leads us back… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/7qawx911rK4/
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