Bitcoin Steadily and Significantly Increasing in Value for Past Week or So?

I haven't seen the value of coin jump this much, this steadily, in quite a while. Looks like some of the damage done by Agora going down and several markets either shutting down or exit-scamming is finally mending itself. Anyone have any insight as to what market forces have contributed to such a significant increase in value? Kicking myself for not buying extra last week and just biting the bullet and holding onto it

Edited for spelling error*


Comments


[16 Points] laiomthegoat:

I think the rise in the price of btc is from the recent European high court ruling, declaring that bitcoin is tax free


[5 Points] FrozenMCVegetableCok:

Just keep in mind, the Feds are expected to sell the rest of the BTC they seized from Ross/SR in the very near future so expect a sharp dip when that happens (and a 2nd chance to buy low if you missed out this time).


[3 Points] None:

its insane. I've been holding off on buying more coin for the past week cause I'm afraid the value is gonna plummet the second I buy more...but nope, sure enough it just keep rising and rising. now I'm kicking myself cause I didn't buy any a week ago.

on the bright side, I deposited the last of my coin (approximately $170 worth at the time of purchase) into my Nucleus account, cause I wanted to be ready to buy at a second's notice. if BTC rises to something like $398.22 (yes I figured it out) I'll be able to buy a half g of Hank's meth AND 2g of some #3 heroin...for coins I spent under $200 on


[3 Points] Trashcan__Man:

DNM noob here: will the price of drugs go down to adjust for the inflation, or is everything 50% more expensive than it was in September? I guess it's a good idea to stick to the sites that advertise their price in dollars or euro instead of bitcoin, those prices should remain stable.


[2 Points] VicDamone_Jr:

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[1 Points] pallmallman12:

I don't know the reason, but I wish I had held off week before buying


[1 Points] nick99699:

They're getting ready for the holidays (: Xmas last year, the BTC was wayyy up therre


[1 Points] throwawayreddit416:

My friends btc trader* pulled out... again.


[0 Points] rogueXleader:

Really don't understand downvotes. Pretty simple, uncontroversial question I asked. Apologies we're not all cryptocurrency market geniuses like you sour ass folks


[0 Points] None:

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[0 Points] None:

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