Are Traffic Exchanges Viral Mailers Responsible For Pushing The Price Of Bitcoin Up?

[simplygenius]

Are Traffic Exchanges Viral Mailers Responsible For Pushing The Price Of Bitcoin Up?

 

Today Sunday 17 September 2017 one BTC is now worth USD$3,769 but with the plethora or advertising from online programs such as traffic exchanges, viral mailers information about BitCoins is being exposed more and more thus allowing more people to go in search of digital riches beyond their wildest dream thereby increasing the demand and pushing the price way past the price of gold.

 

Do you believe this price jump is due to the interest generated from online marketing platforms such as safelists, viral mailers, traffic exchanges etc?

[Darren Olander]

I do believe a lot of online marketers have jumped into Bitcoin recently, I'm not sure if that could be a reason for the increase though.. maybe just a small part.

[rpsmith]

I think that TE's and viral mailers play only a small part in the rise in Bitcoin prices. They have a very small part of the market share. I doubt their influence would even be detectable in the overall market place.

[waynemountan]

I thought about this too, no, I think Its just a few people and businesses with deep pockets who decided to invest.

[weblord]

traffic exchanges has nothing to do with it

 

 

Bitcoin pricing is influenced by factors such as: the supply of bitcoin and market demand for it, the number of competing cryptocurrencies, and the exchanges it trades on.

Source

Are Traffic Exchanges Viral Mailers Responsible For Pushing The Price Of Bitcoin Up?

 

Today Sunday 17 September 2017 one BTC is now worth USD$3,769 but with the plethora or advertising from online programs such as traffic exchanges, viral mailers information about BitCoins is being exposed more and more thus allowing more people to go in search of digital riches beyond their wildest dream thereby increasing the demand and pushing the price way past the price of gold.

 

Do you believe this price jump is due to the interest generated from online marketing platforms such as safelists, viral mailers, traffic exchanges etc?

[iNetMoney]

traffic exchanges has nothing to do with it

I agree, there are many factors at play here so it would be impossible to pin it down to one particular thing.

For instance when ever there is positive or negative news in the crypto-space the market will react accordingly

IE with good news the price will rally higher and vice versa when it's bad. And these are just 2 aspects out of god knows how many.

[weblord]

you can't pin it down on one aspect only , remember bitcoin is a decentralized crypto-currencies, everything around the world has to contribute something because of it's decentralization.

[Maryanne Myers -Webstars2K]

No, absolutely nothing to do with it - we arent that big.

 

If anything in our arena had any pushup on it, it would be the btc ponzi programs, but even they are not that big compared to entire countries of people, governments, hackers, more questionables (they do it with cash too btw), the billionaires, the princes and and whatever else buying and selling it.

 

They are way way way WAY bigger in revenue than a traffic exchange or a safelist... combined.

 

Love how the btc is going by the way. I predicted this current upswing back in January right before opening 1easybitcoin to get more involved because of 1) Paypal purge, btc perfect to replace them ..and 2) figured it bottomed around 3300 (give or take). Whoever started collecting it, back then, has nearly 4x their money now.

 

I also think it will top around 22 to 25 grand. Others think 30 grand. This is in the next 1 to 6 months. But, well, lets see!

[weblord]

i think it will reach high as 30 grand.