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RE: Bitcoin Trend 05-10-2017 Midday Update / Bitcoin Gold Hard Fork 25 OCT
Be careful. It was not the fork that increased the value of bitcoin. It was money that was introduced to the ecosystem during that time. And the surge was due to a lot of media exposure and speculation with margin trading. Lot of shady business in the industry currently. Keep your eyes open and have a good one :)
Thanks for your comment :)
But how do we know the money flow one direction and not the other? I mean we saw a huge pump in a lot of altcoins in early summer, and I think all that money went to Bitcoin, there the rise
And yet, when stocks offer "free money" the price usually rises before and after that generation of new capital... same happened with bitcoin... i'm not saying that was the cause, but certainly have helped