so who is driving the price of #bitcoin up? and if it does crash or go down what would be the reason? is somebody manipulating it behind the scenes?
so who is driving the price of #bitcoin up? and if it does crash or go down what would be the reason? is somebody manipulating it behind the scenes?
The system is decentralized which means that there is nobody controlling the price. Supply and demand are the main reasons that price is going up and the only reason for drastic fall would be that everyone that is holding the bitcoin would like to sell it at once.
oh ok thanks :)