Bitcoin news.Bitcoin investors are celebrating early cristmas.

in #bitcoinnews7 years ago

Bitcoin news of the week :- After a damn growth of fund raised by the coin named bitcoin , It is now kind off stable/stagnent.
There is one core or major reason for price stability which i noticed last week was as follows.

  1. People all together invested in bitcoin
  2. Thats a reason there was a big spike of growth in bitcoin rates to $11k
  3. As the price was booming ,large amount of people gathered the funds back to celebrate their growth (some may be for X'mas too :-) )
  4. As of now the transacting is going slow , I see very less people buying and selling bitcoins.
  5. This means a large withdrawl took place last week.
  6. As a reason price went stable

If you find this points valid enough do give this post a upvote and let me buy a bitcoin too ;-)

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