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dauertewigkeit | 21 days ago

Could be, but we don't know what is driving this meme magic. Could be totally organic. Could be not.

discuss

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tim333|21 days ago

We have a pretty good idea. Bitcoin holders and miners promote it. Punters buy because it's going up until it peaks and then they sell because it's going down.

The a value is approx <amount average person invests in bitcoin> x <number of people> / <number of coins (~16 mil)>

It goes up over the cycles as the number of people in it goes 1 mil, 10, 100, 1000 etc.